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Voters in Iceland reject debt repayment, again



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It's hard to argue against their position that the bankers should not be bailed out by everyone else. We would all be better off if more people in more countries insisted in this. Al Jazeera:

Voters in Iceland have rejected--for the second time-- a plan to repay debts to Britain and the Netherlands from a bank crash, partial referendum results showed.

Johanna Sigurdardottir, Iceland's prime minister, said economic and political chaos could follow, after near-complete results were quoted on Sunday by RUV public radio.

"The worst option was chosen. The vote has split the nation in two," the premier told state television, saying it was fairly clear the "no" side had won.

Icelanders say citizens should not bail out irresponsible bankers who were blamed for the collapse of the Icesave bank and the loss of hundreds of millions of dollars.
In the US, why should everyone else have to suffer harsh GOP cuts when they were not to blame for the economy? The Republican budget grew when they were in control of Washington and now they're asking the people who rescued the lifestyle of the bankers to pay up again. It's not fair yet not many people in Washington - Democrats and Republicans, alike - seem to understand or care about this. Voting for either only encourages their bad behavior.


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