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Iceland: "We Allowed the Banks to Fail and We Were Blessed with Our Own Currency."

 
Anonymous Coward
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12/01/2011 10:28 AM
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Iceland: "We Allowed the Banks to Fail and We Were Blessed with Our Own Currency."
Iceland President on Crisis: "We Allowed the Banks to Fail, and in the End, We Were Blessed with Our Own Currency."

December 1, 2011 • 9:52AM

The Icelandic people are getting through the crisis by not bailing out the banks, but putting them into bankruptcy.

The President then says: "I came to this crossroads, that fundamentally the choice was simple: On the one hand, there was the democratic will of the people, and on the other the financial demands of other foreign countries and the European market. And my conclusion was, that democracy was a more fundamental part of what we are, not only in Iceland but in Europe, than the free market."

www.larouchepac.com/node/20595




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Anonymous Coward
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12/01/2011 10:29 AM
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Re: Iceland: "We Allowed the Banks to Fail and We Were Blessed with Our Own Currency."
clappa
Anonymous Coward
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12/01/2011 10:32 AM
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Re: Iceland: "We Allowed the Banks to Fail and We Were Blessed with Our Own Currency."
pump2pdancepump2
Anonymous Coward
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12/01/2011 10:35 AM
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Re: Iceland: "We Allowed the Banks to Fail and We Were Blessed with Our Own Currency."
Own currency AND sovereignty.
Anonymous Coward (OP)
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12/01/2011 10:37 AM
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Re: Iceland: "We Allowed the Banks to Fail and We Were Blessed with Our Own Currency."
Yuppers, Ron Paul is right. We need to give the Federal Reserve the boot and take back American sovereignty.

The Dems and the Reps have sold us out. We need a new par tay.

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