http://www.upworthy.com/bail-out-the-ba ... ?g=3&c=cd1
We went a different path against the recession here in Iceland then in US and Europe.
Something to think about
-
- Spark of the Ori
- Posts: 5342
- Joined: Fri Feb 17, 2006 10:30 am
- Alliance: DDE - Leader
- Race: System Lord
- ID: 1909457
- Alternate name(s): Kjarkur, JL, KJ
- Location: Mutilating enemies of the Empire
Something to think about
There are no men like me. There's only me.
General & Battle Moderator
General & Battle Moderator
- > SGW Hall of Fame
- > SGW's Hero of the Year
- > SGW's Villain of the year 2010->
- > SGW's Most Missed Player of the year 2011->
-
- Forum Addict
- Posts: 3152
- Joined: Sun Sep 23, 2007 12:55 am
- Alliance: TÅTS / TÅF
- Race: Magnificent
- ID: 83588
- Alternate name(s): >> Skype: IrishHighlanders <<
Dublin Warrior, Dubby, Dubs, DW, CGG, DCGG2.
Paul, Paulie Boy!, Paulie, PAULIE!!!, PAULIE BOY!!!, Paul James, etc. - Location: USA
- Contact:
Re: Something to think about
cheers.
Pablo will read later.
Pablo will read later.
>> Skype: i r i s h h i g h l a n d e r s <<
Tauri Alliance Family Forums:
http://taurialliance.smfforfree2.com/index.php
Dubby's Trade Feedback
Search Dubby's Current Main Forums Account
Search Dubby's Old Main Forums Account
Does the Asgard Hologram Tech Bug Hurt Your Growth as Well?
http://stargatewars.herebegames.com/vie ... 90&start=0
http://stargatewars.herebegames.com/viewonline.php
Tauri Alliance Family Forums:
http://taurialliance.smfforfree2.com/index.php
Dubby's Trade Feedback
Search Dubby's Current Main Forums Account
Search Dubby's Old Main Forums Account
Does the Asgard Hologram Tech Bug Hurt Your Growth as Well?
http://stargatewars.herebegames.com/vie ... 90&start=0
http://stargatewars.herebegames.com/viewonline.php
-
Juliette Verified
- The Queen
- Posts: 31802
- Joined: Sun Feb 06, 2005 6:57 pm
- Race: Royalty
- ID: 4323
- Alternate name(s): Cersei Lannister
- Location: Ultima Thule
- Legendary Apophis
- Forum History
- Posts: 13681
- Joined: Tue Jun 14, 2005 12:54 pm
- Alliance: Generations
- Race: System Lord
- ID: 7889
- Alternate name(s): Apophis the Great
- Location: Ha'TaK
Re: Something to think about
[KMA]Avenger would be pleased to see that happening in the UK.
Spoiler
Incarnate - LG - LG1 - LG2 - LG3 - LG4 - AG - EAG ~ AGoL - Completed
Spoiler
<Dmonix> Damnit Jim how come every conversation with you always ends up discussing something deep and meaningful?
<Dmonix> We always end up discussing male/female differences or politics or football
<Dmonix> All the really important issues in life
<Dmonix> We always end up discussing male/female differences or politics or football
<Dmonix> All the really important issues in life
- ƒëmmë
- Forum Elite
- Posts: 1931
- Joined: Sat Dec 17, 2011 5:44 am
- Alternate name(s): ƒëmmë ƒatalë
temptress
cleo_catra
Re: Something to think about
ok its only just reaching my FB now and I'm not usually into Politics etc..
but also an interesting newsclip ..
[youtube]8-SiYQ8s_6I[/youtube]
but also an interesting newsclip ..
[youtube]8-SiYQ8s_6I[/youtube]
To fight and conquer in all your battles is not supreme excellence;
supreme excellence consists in breaking the enemy's resistance without fighting.
-Sun Tzu, the Art of War
31/07/2012 6:13:16 AM Hope Light ID's mean nothing imo if you can back yourself up.
31/07/2012 6:13:22 AM Hope Light only **Filtered** hide them.
31/07/2012 6:13:22 AM Hope Light only **Filtered** hide them.
Be careful who you trust, even the devil was once an angel
veritas vos liberabit
Forums own rules
http://stargatewars.herebegames.com/vie ... 7#p2510387
Spoiler
Section Admins - who will be 'in charge' of the section in question. They will be responsible for the overall feel of the section, the setup/structure, and most importantly the community/users in the section. This will incorporate the old 'ombudsman' role. And insofar as the Section Admin is responsible for the users, they are also responsible for the high level mod behaviour towards the users.
So -as a user - if you have an issue with how you are treated, rules, bans, whatever --goto the section admin... They are there for you!
There is no 'reporting structure' in this setup -- tech, mod, and section admins are all on equal footing, each with their own (somewhat overlapping) responsibilities.
Mods report directly to the mod admin, and indirectly to the section admin for the section in which they mod.
So -as a user - if you have an issue with how you are treated, rules, bans, whatever --goto the section admin... They are there for you!
There is no 'reporting structure' in this setup -- tech, mod, and section admins are all on equal footing, each with their own (somewhat overlapping) responsibilities.
Mods report directly to the mod admin, and indirectly to the section admin for the section in which they mod.
- Field Marshall
- Forum Zombie
- Posts: 6108
- Joined: Tue Sep 13, 2005 10:30 pm
Re: Something to think about
Yeah...thanks for refusing to repay the £2.3b we lent your.
Really helped when we had to make enormous cuts to our public sectors.
Yes there is another way, there is also the sociably correct way!
Really helped when we had to make enormous cuts to our public sectors.
Yes there is another way, there is also the sociably correct way!
Sol wrote:my first sigging. I sigged you too. <3Field Marshall wrote:Really?Sol wrote:It's not going to destroy your life
I think this is sig worthy in fact.
High Empty wrote:however people shouldn't have lvl 33 and 200mil spies and try to be in the top 10, it's unhealthy.
-
- Spark of the Ori
- Posts: 5342
- Joined: Fri Feb 17, 2006 10:30 am
- Alliance: DDE - Leader
- Race: System Lord
- ID: 1909457
- Alternate name(s): Kjarkur, JL, KJ
- Location: Mutilating enemies of the Empire
Re: Something to think about
Why should we be responsible for a handful of bankers? Just because they are Icelandic? Are you gonna pay debts for British Citizens living in other countries? Don't believe the biased news-stations in your country.
It's not our fault they got away with it in UK and Netherlands.
All of our outside experts that we've hired (international lawyers such as Eva Jolie) say that we shouldn't pay a single dime. It's not our responsibility.
You did not lend us anything btw. Scandinavia has come to our aid. Not the UK, they've only been trying to bully us. Putting the focus of the media on Iceland instead of the BS that's going on behind closed curtains in UK.
Oh and
So stuff it where the sun don't shine.
Remember Matt, the same people robbed OUR banks too. If we had repaid UK right away - this little nation (that used to be one of the wealthiest nation ) is broke.
-KJ
It's not our fault they got away with it in UK and Netherlands.
All of our outside experts that we've hired (international lawyers such as Eva Jolie) say that we shouldn't pay a single dime. It's not our responsibility.
You did not lend us anything btw. Scandinavia has come to our aid. Not the UK, they've only been trying to bully us. Putting the focus of the media on Iceland instead of the BS that's going on behind closed curtains in UK.
There is, of course, another aspect. A tricky situation arose when the U.K. and Holland demanded money for their citizens' depleted Icesave accounts, and Iceland refused. The incident sparked a major diplomatic scuffle, with Iceland refusing to pay out and the U.K. even using "anti-terrorism legislation" against the state.
The decision was hugely controversial, and remains a sore spot in relations. For him, it was a matter of history. "What is our primary legacy to countries and nations in modern times?" He says, "Europe is and should be more about democracy than about financial markets. Based with this choice, it was in the end, clear that I had to choose democracy."
He also blames the British for their role, specifically Gordon Brown, by whom he believes Iceland is owed an apology. Ólafur likens the situation to the Falklands war, adding it was a "great offense" that "one of the most peace-loving countries in the world, a founding member of NATO, a strong ally of Britain during the Second World War was put together with al-Qaeda and the Taliban on the official list of terrorist organizations."
Iceland essentially had no choice, Ólafur says.
Read more: http://articles.businessinsider.com/201 ... z2A3ofBont
Oh and
The Icesave debts are likely to be settled soon, using money from the estate of Landsbanki. President of Iceland believes that if the U.K. and Holland had waited a while longer there would have been no conflict.
So stuff it where the sun don't shine.
Remember Matt, the same people robbed OUR banks too. If we had repaid UK right away - this little nation (that used to be one of the wealthiest nation ) is broke.
-KJ
Last edited by Kjarkur on Mon Oct 22, 2012 12:13 pm, edited 5 times in total.
There are no men like me. There's only me.
General & Battle Moderator
General & Battle Moderator
- > SGW Hall of Fame
- > SGW's Hero of the Year
- > SGW's Villain of the year 2010->
- > SGW's Most Missed Player of the year 2011->
-
Juliette Verified
- The Queen
- Posts: 31802
- Joined: Sun Feb 06, 2005 6:57 pm
- Race: Royalty
- ID: 4323
- Alternate name(s): Cersei Lannister
- Location: Ultima Thule
Re: Something to think about
As far as I am concerned the writeoff on Icelandic non-payment is marginal, so good for you.
String 'em up!
String 'em up!
-
- Spark of the Ori
- Posts: 5342
- Joined: Fri Feb 17, 2006 10:30 am
- Alliance: DDE - Leader
- Race: System Lord
- ID: 1909457
- Alternate name(s): Kjarkur, JL, KJ
- Location: Mutilating enemies of the Empire
Re: Something to think about
We refuse to pay the debts of criminals.
But we will string' em up!
But we will string' em up!
There are no men like me. There's only me.
General & Battle Moderator
General & Battle Moderator
- > SGW Hall of Fame
- > SGW's Hero of the Year
- > SGW's Villain of the year 2010->
- > SGW's Most Missed Player of the year 2011->
- GrizzZzzly
- Furling
- Posts: 2496
- Joined: Wed Jan 16, 2008 4:46 pm
- Alliance: Tauri Alliance
- Race: Bear
- ID: 29003
Re: Something to think about
I love all bankers.
Spoiler
[TL]Brdavs says:
I reckon his mum gonna get him socks and stuff
time for me to step up
keep the childhood rolling
you know its over when you start getting underwear for christmas
I still tear up when I remember when my childhood ended like that
poof
one year legos
next year "brdavs, you`re 23 dont you think youre a bit old for legos now"
brutal I tell you
Spoiler
Mordack wrote:Personally, I am not a huge fan of life. I am of the general opinion that, from start to finish, it's painful and miserable; and that anybody that tells you differently is either trying to have sex with you or sell or you something.
Similarly, I believe that people in general are inherently flawed. Deep down, we are programmed to hurt one another; either physically or emotionally. People are naturally selfish and greedy; governed more by bestial urges than common sense or ethics. Society is a terrible thing, too. The more supposedly civilized we become, the more immorality and decadence become the main staple of our daily diet.
Before Lost concluded, my main flippant excuse for not killing myself was that I wanted to know how it ended. I will get back to you with a new one when I find it.
Spoiler
EPA BMMJ13 says:
you should go eat
like 30 of them 32 oz steaks
Stanley says:
im stuffed right now
EPA BMMJ13 says:
store them in your cheeks for later
you should go eat
like 30 of them 32 oz steaks
Stanley says:
im stuffed right now
EPA BMMJ13 says:
store them in your cheeks for later
- Legendary Apophis
- Forum History
- Posts: 13681
- Joined: Tue Jun 14, 2005 12:54 pm
- Alliance: Generations
- Race: System Lord
- ID: 7889
- Alternate name(s): Apophis the Great
- Location: Ha'TaK
Re: Something to think about
One cannot possibly think what was done in Iceland could be done in every country around. Many factors should be taken into account, small population, an economy mostly focused on services sector, not many worldwide-large banks,...
What was done in Iceland couldn't be done in industrial/services large populated with worldwide large banks and companies for big nations such as Great Britain, France, Italy, Germany...even countries like Austria, Ireland, Spain or Belgium are in a different situation.
What was done in Iceland couldn't be done in industrial/services large populated with worldwide large banks and companies for big nations such as Great Britain, France, Italy, Germany...even countries like Austria, Ireland, Spain or Belgium are in a different situation.
Spoiler
Incarnate - LG - LG1 - LG2 - LG3 - LG4 - AG - EAG ~ AGoL - Completed
Spoiler
<Dmonix> Damnit Jim how come every conversation with you always ends up discussing something deep and meaningful?
<Dmonix> We always end up discussing male/female differences or politics or football
<Dmonix> All the really important issues in life
<Dmonix> We always end up discussing male/female differences or politics or football
<Dmonix> All the really important issues in life
- Field Marshall
- Forum Zombie
- Posts: 6108
- Joined: Tue Sep 13, 2005 10:30 pm
Re: Something to think about
Ok, so I read up on the situation. After you told me to:
So, fundamentally, people who save with a company which operates in the same way a casino does and your country decides to give aid to the people that are caught up in this fiasco. Ok, fair enough, look after your own. It might have saved you.
The simple matter of fact is, that a lot of UK based people invested and commited to programs that effectively gave us a defecit of £2.3 billion of banking schemes in your country.
Which arguably may have been the catalyst into our own internal problems.
Woo! Go you!
Rub it in my face a little more KJ. Iceland are doing well and the UK less so well. Put it on a multi-national forum KJ! Then tell me to shove it!
Yay!
All this whilst Iceland continues to take advantage of EU sponsorship money even though there seems to be less and less intent of joining the EU.
OH....and you know what you can do with your stupid volcano!
OH....and that repayment, might see it in 20 years time by the way.
So I guess thank you is in order, you have made it clear to me that I should not invest in Iceland for the foreseeable future as there is...another way.
Fair play though, at least someone is doing alright
Kjarkur wrote:So stuff it where the sun don't shine.
So, fundamentally, people who save with a company which operates in the same way a casino does and your country decides to give aid to the people that are caught up in this fiasco. Ok, fair enough, look after your own. It might have saved you.
The simple matter of fact is, that a lot of UK based people invested and commited to programs that effectively gave us a defecit of £2.3 billion of banking schemes in your country.
Which arguably may have been the catalyst into our own internal problems.
Woo! Go you!
Rub it in my face a little more KJ. Iceland are doing well and the UK less so well. Put it on a multi-national forum KJ! Then tell me to shove it!
Yay!
All this whilst Iceland continues to take advantage of EU sponsorship money even though there seems to be less and less intent of joining the EU.
OH....and you know what you can do with your stupid volcano!
OH....and that repayment, might see it in 20 years time by the way.
So I guess thank you is in order, you have made it clear to me that I should not invest in Iceland for the foreseeable future as there is...another way.
Fair play though, at least someone is doing alright
Sol wrote:my first sigging. I sigged you too. <3Field Marshall wrote:Really?Sol wrote:It's not going to destroy your life
I think this is sig worthy in fact.
High Empty wrote:however people shouldn't have lvl 33 and 200mil spies and try to be in the top 10, it's unhealthy.
-
Juliette Verified
- The Queen
- Posts: 31802
- Joined: Sun Feb 06, 2005 6:57 pm
- Race: Royalty
- ID: 4323
- Alternate name(s): Cersei Lannister
- Location: Ultima Thule
Re: Something to think about
The bank involved was not a state-owned institute, so in no way can the Icelandic people be held responsible for poor investment choices by some Britons looking for a tax haven. The ones who lost their money were the ones who were trying to duck taxes, i.e. 'steal' from the government's income (nonsense, everyone should be free to park their money where they want, **Filtered** paying taxes)..
If you invest your money in a Ponzi scheme started by an Angolan, you lose it too. You cannot ask the State of Angola to pay you back.. That would be absurd.
If you invest your money in a Ponzi scheme started by an Angolan, you lose it too. You cannot ask the State of Angola to pay you back.. That would be absurd.
- Field Marshall
- Forum Zombie
- Posts: 6108
- Joined: Tue Sep 13, 2005 10:30 pm
Re: Something to think about
Seems as if Iceland have found a loop hole...saying that if this actually happens that they technically do not have to cover this. However, in normal conditions, as agreed by Iceland...they would be accountable.
Fundamentally, the guarantees should have been met, which they were not.
They guarantees were met to Icelandic nationals and not overseas.
So what has happened, effectively, with the support of finding loopholes is that, an Iceland company who has falsely guaranteed savings because the goverment of that country found a loop hole meaning that they technically do not have to commit to this.
Regardless of being a member of the free trade association and agreeing to compliance of such rules.
Talking about having your cake and eat it.
It's subjective. I believe one side and KJ believes the other side.
One side is asking the other side to shove things where the sun doesn't shine
"Article 4 of the EEA Agreement which prohibits "any discrimination on grounds of nationality",[71] echoing Article 7 of the Treaty of Rome.[72] The contention is that, by guaranteeing deposits at Icelandic branches but not at overseas branches, the Icelandic government is unfairly (or "illegally") favouring Icelanders, be they individuals or corporations. Iceland roundly denies the charge of discrimination."
Fundamentally, the guarantees should have been met, which they were not.
They guarantees were met to Icelandic nationals and not overseas.
Role of the EFTA Surveillance Authority
The EFTA Surveillance Authority ensures that the participating EFTA States Iceland, Liechtenstein and Norway, respect their obligations under the EEA Agreement.
In their evaluation of the ongoing IceSave dispute, the EFTA Surveillance Authority (ESA) decided on 26 May 2010, that the Icelandic government was bound to pay the (minimum) deposit guarantee to all Icesave customers.[78] As the UK and Dutch governments had already paid savers in their countries, Iceland was therefore liable to reimburse these governments. Additionally, EFTA criticised Iceland for the difference in treatment of international and domestic accounts. Iceland was given two months to respond.[79] After initially ignoring the ESA letter, Iceland formally responded on 2 May 2011.[80]
So what has happened, effectively, with the support of finding loopholes is that, an Iceland company who has falsely guaranteed savings because the goverment of that country found a loop hole meaning that they technically do not have to commit to this.
Regardless of being a member of the free trade association and agreeing to compliance of such rules.
Talking about having your cake and eat it.
It's subjective. I believe one side and KJ believes the other side.
One side is asking the other side to shove things where the sun doesn't shine
Sol wrote:my first sigging. I sigged you too. <3Field Marshall wrote:Really?Sol wrote:It's not going to destroy your life
I think this is sig worthy in fact.
High Empty wrote:however people shouldn't have lvl 33 and 200mil spies and try to be in the top 10, it's unhealthy.
-
- Spark of the Ori
- Posts: 5342
- Joined: Fri Feb 17, 2006 10:30 am
- Alliance: DDE - Leader
- Race: System Lord
- ID: 1909457
- Alternate name(s): Kjarkur, JL, KJ
- Location: Mutilating enemies of the Empire
Re: Something to think about
Read, dear Matt.
The matter is being settled. Iceland is using the state of Landsbanki to pay the Icesave debts. EVEN though we don't have to.
We didn't say we wouldn't pay - we said we wanted to take it to court first to see if it was our responsibility.
That was always the intention - we simply refused to have our tax-payers pay the debts of PRIVATE institutions here and there. We wanted the state of the bank in question to pay for it. Let me remind you a privately owned bank.
We are being more then generous - to a nation that put is in the same group as terrorists that KILL people.
We are a very small, peaceful nation. With very little crime rate. And not even an armed police force. We should have canceled payments from the state of Landsbanki, but we are better then UK so we wont.
Why shouldn't I tell you to shuve it? You are making up false statements about Iceland. The debts WILL be payed for. Every single penny.
But we wont be bullied by UK nor anyone else. Read up on some history look up the Cod war for example, when UK also tried bullying us and we rammed your heavily armed ships with our fishing boats. We don't care how big you are. We bow to nobody.
If it were the other way around, UK would have never payed us unless the EU court would have ordered them to.
-KJ
The matter is being settled. Iceland is using the state of Landsbanki to pay the Icesave debts. EVEN though we don't have to.
We didn't say we wouldn't pay - we said we wanted to take it to court first to see if it was our responsibility.
That was always the intention - we simply refused to have our tax-payers pay the debts of PRIVATE institutions here and there. We wanted the state of the bank in question to pay for it. Let me remind you a privately owned bank.
We are being more then generous - to a nation that put is in the same group as terrorists that KILL people.
We are a very small, peaceful nation. With very little crime rate. And not even an armed police force. We should have canceled payments from the state of Landsbanki, but we are better then UK so we wont.
Why shouldn't I tell you to shuve it? You are making up false statements about Iceland. The debts WILL be payed for. Every single penny.
But we wont be bullied by UK nor anyone else. Read up on some history look up the Cod war for example, when UK also tried bullying us and we rammed your heavily armed ships with our fishing boats. We don't care how big you are. We bow to nobody.
If it were the other way around, UK would have never payed us unless the EU court would have ordered them to.
-KJ
There are no men like me. There's only me.
General & Battle Moderator
General & Battle Moderator