Bloomberg reports: Iceland Rejects Icesave Depositors Bill in Referendum (Update2).
Icelanders rejected by a massive majority a bill that would saddle each citizen with $16,400 of debt in protest at U.K. and Dutch demands that they cover losses triggered by the failure of a private bank.
Ninety-three percent voted against the so-called Icesave bill, according to preliminary results on national broadcaster RUV.
Best. Decision. Ever.
Icelanders should insist on whatever it is that is in their own self-interest.
They won't starve. They got excess energy - more than they need - so they won't freeze either. They got tourist dollars coming in. What more do they need?
The British and Dutch taxpayers are fucked! They should be.
Hooray for Iceland!
And it's been a fuckload of time since someone said that!
Monday, March 08, 2010
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