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Iceland is all but officially bankrupt
International Herald Tribune ^ | October 9, 2008 | Eric Pfanner

Posted on 10/10/2008 12:18:22 PM PDT by george76

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To: Constitution Day

Vikings weren’t stupid. When they stole women from the villages they attacked they didn’t steal the ugly ones.

Best argument I can make for the “51st state” proposal.


61 posted on 10/10/2008 12:57:44 PM PDT by Lee'sGhost (Johnny Rico picked the wrong girl!)
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To: PSYCHO-FREEP
Socialism didn’t work?

probably not the best time to try and make that argument, they could just as easily point to the bailout as proof that capitalism didn't work.
Where was the first place all the "government is the problem..." types went when their businesses failed around them? Real capitalists would have raised the money among themselves as was done during the Depression.
62 posted on 10/10/2008 12:57:53 PM PDT by houston1
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To: george76
Meanwhile trading in the currency froze up Thursday, according to Bloomberg News, citing dealers at Nordea, a big Scandinavian bank.

Trading in the currency froze up! -- LOL

63 posted on 10/10/2008 12:59:35 PM PDT by mlocher (USA is a sovereign nation)
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To: TheErnFormerlyKnownAsBig

cabbage soup. It is supposed to be great for raising testosterone levels for athletes.

Maybe so but it makes them so noisey


64 posted on 10/10/2008 1:02:41 PM PDT by Bitsy
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To: george76

Iceland: There’s always a preview prior to the real thing.


65 posted on 10/10/2008 1:03:03 PM PDT by M. Espinola (Freedom is not 'free'.)
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To: Lee'sGhost

You make one very compelling point. That’s some legislation I can get behind!


66 posted on 10/10/2008 1:08:36 PM PDT by Constitution Day (don't panic)
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To: Travis T. OJustice

Maybe I should have said “inexpensive”. “Cheap” has such a negative connotation.

(I do see your point, though)


67 posted on 10/10/2008 1:16:57 PM PDT by Constitution Day (don't panic)
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To: ari-freedom

No it’s what happens when a country adopts socialism. They have been feeding on the revenues of North Atlantic oil for years and have adopted a completely socialist system. No one in the country works anymore.


68 posted on 10/10/2008 1:21:26 PM PDT by BubbaBobTX (Obama is all about hope and change: he hopes you don't find out what he wants to change.)
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To: frankiep
"How does one go about purchasing Icelandic currency?"

Well, ordinarily you could buy it it at your local currency exchange or wait until you land at Keflavik. However, it seems like all trading in Krona has been suspended, so I don't know it you can buy it at all. The stated exchange rate at xe.com has been frozen at 110 to the dollar for two days. The actual rate, where there were any trades at all was nearer 250 to the dollar, but there is no reliable market right now.

69 posted on 10/10/2008 1:21:30 PM PDT by Truth29
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To: Constitution Day

I hear ya! ROAD TRIP! I’ll buy the first round! I’d love to go back, had fun there before!


70 posted on 10/10/2008 1:24:33 PM PDT by Travis T. OJustice (Change is not a destination, just as hope is not a strategy.)
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To: BubbaBobTX

ww2 and the new deal during the GD didn’t bankrupt the US. We still had sound money then.


71 posted on 10/10/2008 1:24:38 PM PDT by ari-freedom ("He (Obama) cannot win, Bill. He cannot win" -Hillary)
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To: Lazamataz

Iceland has cute women.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

I verified that forty five years ago by personal examination. By the way they aren’t cute they are gorgeous.


72 posted on 10/10/2008 1:28:32 PM PDT by RipSawyer (What's black and white and red all over? Barack Hussein Obama)
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To: Larry Lucido

Hot damn. We must save that country!


73 posted on 10/10/2008 1:28:57 PM PDT by DemonDeac
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To: M. Espinola

Want to buy Iceland?

eBay bidding soars to £10 million

GREAT scenery and wildlife but financial situation in need of repair - collect in person.

http://www.businesstimes.com.sg/sub/news/story/0,4574,300816,00.html?


74 posted on 10/10/2008 1:29:05 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

A Møøse once bit my sister in Iceland ...


75 posted on 10/10/2008 1:32:40 PM PDT by cowtowney
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To: TheErnFormerlyKnownAsBig

. It is supposed to be great for raising testosterone levels for athletes.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

This is supposed to be a characteristic of all cruciferous vegetables, cabbage, broccoli, cauliflower etc. I eat a lot of cole slaw myself. I like sauerkraut but I don’t know if it preserves the testosterone boost effect.


76 posted on 10/10/2008 1:33:50 PM PDT by RipSawyer (What's black and white and red all over? Barack Hussein Obama)
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To: george76
Tell Iceland to put some ice on it!


77 posted on 10/10/2008 1:35:34 PM PDT by Revolting cat! (Don't let me interrupt your prayers for a suffering celebrity!)
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To: george76
I read somewhere recently that the average citizen of Iceland owes something like $65,000 -- on debts that are due within the next 12 months.
78 posted on 10/10/2008 2:23:39 PM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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To: george76

Iceland has great fish, hot springs, invigorating climate and volcanoes. We need to keep the bidding going :)


79 posted on 10/10/2008 3:22:23 PM PDT by M. Espinola (Freedom is not 'free'.)
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To: george76; AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...
... on Thursday as the government shut down the stock market and seized control of its last major independent bank... analysts said there was probably only one realistic option left: for Iceland to be bailed out by the International Monetary Fund.
Sounds like they've managed to Bjork things in the butt. Thanks geo.
80 posted on 10/10/2008 4:27:45 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/_______Profile hasn't been updated since Friday, May 30, 2008)
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