Jan 27

- Daniel Hannan Destroys The 3 Unquestionable Myths Of Our Crisis (ZeroHedge, Jan 26, 2013):

The past and present bailouts of each and every bank (and ‘important’ industry) will, one day, be seen as a generational offense is how MEP Daniel Hannan begins this thoroughly British demolition of the three critical myths surrounding the crisis, that despite market optics, we are still living through. From the idea that capitalism has failed (it has not in his view, it has been ravaged by political pandering), to the crisis being caused by lack of regulation, and that greed is the single-driver of the mess that we remain in; Hannan suggests in a brief but extremely eloquent debate that there is a world of difference between being pro business and pro market as he destroys any semblance of credibility that the political (and elite) class has echoing a young Ron Paul in his thoroughly libertarian free-market sensibilities.


YouTube

Tags: , , , , , , , , , , , , ,

Apr 01

Is there no water fluoridation in Iceland? LOL!


- Two thirds of Icelanders oppose EU membership. Can you blame them? (Telegraph, Mar 31, 2012):

Icelanders cast a cold eye on the EU

Leftie bloggers keep returning, as a dog returneth to its vomit, to my admiration for Iceland. The fact that I praised Iceland’s economic model is a source of constant delight to them. Yet they are starting to look badly behind the times. Iceland is growing faster than the eurozone and, because its government didn’t make the mistake of assuming private bank liabilities, its recovery is not burdened by European-level debt-to-GDP ratios. Small wonder that, according to the most recent poll, 67 per cent of Icelanders oppose EU membership.

Don’t take my word for it. Listen to The Economist. Or to The Guardian. As the main Icelandic daily Morgunblaðið puts it:

Íslendinga vera klára þjóð sem hefði herst við þá erfiðleika sem kynslóðir þeirra hefðu gengið í gegnum og þeir vissu betur en að kasta á glæ frelsi sínu.

For the tiny number of people in the world who don’t read Icelandic, here it is in English:


YouTube

As they say in Reykjavík: Hver hlær núna? Who’s laughing now?

Tags: , , , , , , ,

Mar 27

- A Lesson For Europe: Why Iceland Won’t Join The Euro (ZeroHedge, March 27, 2012):

In a brief but as usual succinct statement, MEP Daniel Hannan points out the country that decided to say no to establishment-rules and stuck to its guns by taking losses, devaluing its currency, and growing its way out of its pit of despair. The eloquent Englishman notes Iceland’s current enviable position in terms of not just growth but Debt to GDP and proffers upon his European Parliamentarian peers that perhaps, just perhaps, there is a lesson in here for all European governments (cough Greece/Portugal cough). 67% of Icelanders are now against joining the Euro.


YouTube

Tags: , , , , , , , , ,

May 01

1 of 6:

2 of 6:

Continue reading »

Tags: , , , , , , , , , , , , , ,