Results 1 to 5 of 5

Thread: Iceland Arrests Bankers Instead of Bailout

Threaded View

  1. -1
    rob19's Avatar
    Soul Rebel

    Status:
    Online
    WPA:
    Join date:
    Mar 2006
    Posts:
    7,768
    vCash:
    12013
    Loc:
    Georgia
    Thanks / No Thanks
    1972 Dolphins Logo

    Iceland Arrests Bankers Instead of Bailout

    Imagine that in 2008, instead of bailing out bankers who made criminally risky investments with investors' and depositors' money, we arrested them, bailed out the victims, and let better bankers take over. That is what Iceland did, meeting with a remarkably hushed silence in the American media.

    You mean you can arrest a banker? Make them feel steel around their wrists just like anyone else? As Sarah Palin would say, you betcha.

    Now it comes out, after Bernie Sanders' and Ron Pauls' recent partial audit of the Federal Reserve, that the Fed has issued another $16 trillion in bail-outs to banks, some of them not even American.

    Now before anyone starts spinning that what Iceland did reeks of socialism, let's remember that here in the good old US we only socialize the losses, while keeping the profits private. It is the height of hypocrisy to say that arresting banksters is socialism..
    http://m.dailykos.com/story/2012/09/...er-Than-EU-Now
    Last edited by rob19; 11-25-2012 at 09:34 PM. Reason: double-post

    Quote Quote  

Similar Threads

  1. Gangster Bankers: Too Big to Jail
    By rob19 in forum Political | War Forum
    Replies: 7
    Last Post: 02-18-2013, 04:23 PM
  2. Iceland moves to make cigarettes prescription-only
    By finataxia24 in forum Political | War Forum
    Replies: 16
    Last Post: 07-11-2011, 03:48 PM
  3. Swiss bankers claim 'war' with U.S.
    By BAMAPHIN 22 in forum Political | War Forum
    Replies: 6
    Last Post: 03-28-2009, 08:11 AM
  4. Iceland Riots. Could we be next?
    By Dolphins9954 in forum Political | War Forum
    Replies: 7
    Last Post: 11-26-2008, 06:06 PM
  5. Ever been to Iceland?? tourism question
    By fishfanfromjerz in forum The Lounge
    Replies: 0
    Last Post: 07-01-2007, 05:35 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •