Iceland's rage road to recovery; Greece ground to dust
“Ron Paul is 7 feet tall, but the weight of all that integrity makes him look shorter”It is incumbent on every generation to pay its own debts as it goes, a principle which if acted on, would save one-half the wars of the world.
Thomas Jefferson
Btw I gave their new constitution a read and I almost threw up a few times. They are bound to eventually have the same problems all over again as per usual in every single government on this planet.
EDIT: see for yourselves: http://stjornlagarad.is/english/
http://stjornlagarad.is/other_files/...varp-enska.pdf
A Proposal for a new
Constitution
for the Republic of Iceland
Drafted by Stjórnlagaráð,
a Constitutional Council,
appointed by an Althingi resolution
on March 24th 2011.
English translation
Preamble
We, the people who inhabit Iceland, wish to create a just society where every person has
equal opportunity. Our diverse origin enriches our society and together we are responsible for
the heritage of generations, our country and its history, nature, language and culture.
Iceland is a free and sovereign state with freedom, equality, democracy and human rights as
its cornerstones.
The government shall endeavour to strengthen the welfare of the country‘s inhabitants,
encourage their culture and respect the diversity of the life of the people, the country and its
biosphere.
We wish to promote harmony, security and happiness amongst us and coming generations.
We are determined to work towards peace with other nations and respect for the earth and all
mankind.
In light thereof we set a new Constitution, the supreme law of the land that all must observe.
Chapter I.
Basic elements
Article 1.
Form of government
Iceland is a parliamentary democracy.
Last edited by hazek; 02-22-2012 at 12:17 PM.
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right, tend to be unwilling or unable to accept blame )
They are definitely going to have the same problems again. They weren't chained to the Euro, so they were able to inflate and kick the can down the road. Next time it will be much worse.
No doubt we will follow the Greece Plan. As a matter of fact, we have the financial consultants, so the results will be the same.
"Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." - Benjamin Franklin
"Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Government is not the solution to our problem; government is the problem." - Ronald Reagan
"The only thing we have to fear is fear itself, and we must reject those who spread fear." - B4L update of FDR
"The Ministry of Truth can turn on a dime, and the fury of the ignorant masses can be redirected at will." - B4L
"Marxists become Fascists the minute they become rich, yet they retain the Marxist rhetoric." - B4L
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Thing is, the world is full of a**holes." - ACPTulsa
Twitter: B4Liberty@USAB4L
They beat the banks. We won't. The banks will win here in the sense that they will walk away with the loot and we will suffer the consequences. But if we are smart enough, we can rebuild something stable.
The proper concern of society is the preservation of individual freedom; the proper concern of the individual is the harmony of society.
"Who would be free, themselves must strike the blow." - Byron
"Who overcomes by force, hath overcome but half his foe." - Milton
I hear her an I'm thinking...Eminent Domain.
And is she married?
P.S. I'm wondering what would be a fair price for the property that was needed and recovered through Eminent Domain. What was the average amount on the check each Icelander received when it was purchased in the first place?
Was it an honest deal in the first place?
Last edited by Carson; 03-02-2012 at 11:56 PM.
Posting Permissions
Reply With Quote
Click to embiggen
Click to embiggen
Click to embiggen