didn’t iceland basically declare bankruptcy and GB moved in to get whatever assets it could?
Can’t anyone excerpt anymore?
Well we’ll see how the enjoy being a Russian satellite state.
Odd. I don’t find the word “Russia” anywhere in this article. Hasn’t Greenland turned to Putin to help them out in this crisis? Not good.
Presumably this author is unaware of the historical disputes between Iceland and the UK over cod and fishing rights.
Iceland has been a welfare state for decades. They actually pay single moms to have babies. Bjork conceived one this way, and the “father” has had no part of the baby’s life. Sick.
Off today I have a comment on Iceland:
Iceland In Its’ Black Body Bag
Iceland’s now in its’ black body bag
Nationally their strong ancient spirits sag
England cried financial terrorism and, hell bent
They established new precedent
It was the Anti-Terrorism, Crime and Security Act of 2001
An arrow sent, bright target in the icy-sun
Applied, this law, with quickest speed
Iceland, Iceland now you bleed
It had held bags of credit default swaps
How they all have flopped
In a derivative world they had over-shopped
They couldn’t help themselves, they never stopped
Lehmans’ curse was applied you see
Settlements delayed and not paid, fiddle-dee-dee
A wide evilly destructive path was laid
In the end the Devil was paid
Socialism infects the whole Western World
Through its’ bourses Marx and Engels have swirled
As well mighty greed has twirled
Our minds now are continually whirled
Iceland was infected too
Treasury drained, like it had gone up the Wazoo
Its’ fortunes they have drained to the sea
They now say there’s nothing for ME!
The food warehouses are emptying quick
People fear getting sick
Medicines in the cabinets full
They eat fresh veggies in piles and piles
It will all be gone in a while
Holes in clothing are quick repaired
Jackets and hats, hoarded and shared
Fishermen fish where none had dared
Everyone in Reykavik’s pale and scared
Elsewhere in the world leaders stare
At Icelands’ black body bag so stark
They know the future will not be a lark
Italy, Hungary, and the Ukraine next
Even old England may follow the rest
Like little old dominoes faithfully following
Countries they are rapidly falling
Italy squalling?
Bernanke and Paulson partially bald you can see
Will lose it all and quite bare skinned will be
Neurons too will fade away
Stuttering now wins the day
Something quite speechless now comes our way
You’ve become screechless you say?!
And if we follow now dead Icelands’ course
It’s in a black body bag we’ll be
For, in the end, there’s no recourse from our dying bourse
We stay awake at night, and pray, of course
GivemELL 10 15 08