Birgitta Jonsdottir on the Icesave crisis
Posted by seumasach on March 21, 2010
Birgitta Jonsdottir raises all the main points which are essential as a response to the bankruptcies of the banks:
1) Reject the principal of public liability for private debt- no bailouts!
2) Reject politicians who side with the financiers as the present Icelandic Red/Green coalition appears to be doing. She could have pointed out that their links to finance, pressures brought to bear on them and any leverage which the financiers may have over them must be exposed.
3) Trace all bank assets, on or off the books, and seek to recover these funds and investigate the legality of their operations. In this case a link to the City of London is clear.
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