One of the main problems facing George Osborne and Danny Alexander is that they have to deal on a near daily basis with the shambles they inherited from Alistair Darling and Gordon Brown.
In general they are sorting out the mess fairly well, but there have been some bad mistakes. For example, Darlings reckless decision to bail out bad Europe debts, made last May during the final hours of his time at the Treasury, should have been resisted by Osborne at the time.
The truth is that Darling was out of his depth. Another dreadful decision came earlier, when he committed the British state to guarantee depositors in Icesave when its Icelandic parent, Landesbanki, collapsed. They were certainly not automatically protected by any British deposit insurance scheme. They should have paid the price for this greed and lack of care. Now Danny Alexander is compounding the wretched Darlings original mistake by threatening to take poor Iceland through the courts.
There is no need to persecute poor Iceland as a result of Darlings half-witted decision. I hope Iceland resists this bullying by Danny Alexander, and I hope it wins in the courts. Reportedly Moodys is threatening to downgrade Icelands credit rating yet further as a result of this Treasury vindictiveness. We should be ashamed of ourselves.
Athugasemdir
Og minnizt þess, að þarna er blaðamaður á hægri sinnuðu blaði, hlynntu Íhaldsflokknum, að skamma ráðamann í sama Íhaldsflokki.
ÞJÓÐARHEIÐUR - SAMTÖK GEGN ICESAVE, 12.4.2011 kl. 00:04
FINANCIAL TIMES: Iceland: can’t pay? Won’t pay!
FINANCIAL TIMES: Iceland president hails nation’s defiance
Elle_, 12.4.2011 kl. 00:31
Elle, þessar greinar eru ekki aðgengilegar nema fyrir þá sem eru áskrifendur að FT.
Libertad, 12.4.2011 kl. 00:48
Já. Get ekki sett það inn að fullu, þeir eru með ´copyright policy´. En get samt sett inn nokkur orð:
Published: April 11 2011 15:34 | Last updated: April 11 2011 15:59
Can’t pay? Won’t pay! Once again, Iceland’s voters have rejected the claim that they should make good on the losses of their country’s irresponsible banks. The result of the weekend referendum will echo across the eurozone. Ireland’s taxpayers (to take the most extreme example) are being made liable for the debt owed to senior bondholders in the collapsed Irish banking sector. The two cases are different, but with one striking similarity.
http://www.ft.com/cms/s/3/d47c6284-6445-11e0-b171-00144feab49a,s01=1.html?ftcamp=rss#axzz1JEwta35u
Iceland president hails nation’s defiance
By Andrew Ward in Stockholm, Alex Barker in London and Matt Steinglass in Amsterdam
Published: April 10 2011 22:10 | Last updated: April 10 2011 22:10
Olafur Ragnar Grimsson, Iceland’s president, was in triumphant mood when he addressed the nation on Sunday.
A day earlier, the country’s voters had rejected for a second time a deal to repay Britain and the Netherlands €4bn ($5.8bn) lost in the failed Icesave bank – an outcome that Mr Grimsson saw as vindication of his decision to call another referendum on the issue.
“The people have now spoken clearly on this matter on two occasions,” he said. “The leaders of other states and international institutions will have to respect this expression of the national will.”
http://www.ft.com/cms/s/0/fb5cccf4-63b4-11e0-bd7f-00144feab49a.html#axzz1JGPhMJ2c
Elle_, 12.4.2011 kl. 01:09
Þetta segir okkur að við gerðum rétt með því að segja NEI...
Ingibjörg Guðrún Magnúsdóttir, 12.4.2011 kl. 11:10
Bæta við athugasemd [Innskráning]
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