tag:blogger.com,1999:blog-32931256.post6345131007296896195..comments2024-03-22T05:20:44.167-07:00Comments on The Disaffected Lib: When They Preach Austerity, They're Just Screwin' With YouThe Mound of Soundhttp://www.blogger.com/profile/09023839743772372922noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-32931256.post-28045756119279979282011-11-17T21:00:01.475-08:002011-11-17T21:00:01.475-08:00Iceland's president (sort of a figurehead like...Iceland's president (sort of a figurehead like our governor general) took the question to the citizens of Iceland, and they told the bankers to take a hike.<br /><br />Then once everyone stopped paying attention, the politicians invited the IMF and its banana republic economics back in. The vultures are back and they're setting the scene for a new banking crisis, writing off debt to major corporate debtors, but re-valuing household debt upwards.<br /><br /><a href="http://www.nakedcapitalism.com/2011/11/iceland%E2%80%99s-new-bank-disaster.html" rel="nofollow">Iceland’s New Bank Disaster</a><br /><br />The moral of the story is to never, ever, let the IMF provide you with any sort of advice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-58868268276521798622011-11-17T19:47:29.194-08:002011-11-17T19:47:29.194-08:00They should take a leaf out of Iceland's book....They should take a leaf out of Iceland's book. In terms of OCED countries, they are on the top of the social justice index:<br /><br />http://awesome.good.is/transparency/web/1111/JusticeForAll/flat.html<br /><br />Not bad for a country that told the bankers to take a hike.Beijing Yorkhttps://www.blogger.com/profile/05579118045254845839noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-71300415191627974212011-11-17T14:21:11.301-08:002011-11-17T14:21:11.301-08:00Look at the austerity being imposed by Greece'...Look at the austerity being imposed by Greece's new far-right government.<br /><br />They're getting 400 M1A1 tanks from the Americans, and two to four new frigates from the French. Hundreds of millions of euros. The Germans are very upset. Not at the huge spending when Greece is still heavily in debt, but that Germany's corporations should have gotten the contract instead.<br /><br /><a href="http://www.nakedcapitalism.com/2011/11/mark-ames-austerity-fascism-in-greece-%e2%80%93-the-real-1-doctrine.html" rel="nofollow">Austerity & Fascism In Greece – The Real 1% Doctrine</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-76119146539919557232011-11-17T13:41:02.685-08:002011-11-17T13:41:02.685-08:00God I sure hope this is the start of them figuring...God I sure hope this is the start of them figuring that out. Pity Greece and Italy, what's happened there is truly terrifying -- let's hope they keep taking to the streets.Anonymousnoreply@blogger.com