So a nation of dishonour then?

[R1Geezer]

http://news.sky.com/s...n_National_Referendum
That's their credit worthiness up the pictures. Can anyone trust this sh0wer again? Have the "people" of Iceland done themselves a disservice in the long run?

[bimbo123456]

Actually I am with them on this. I don't see why Brits had to bail out our banks only to have the top managers take bonuses. Shocking.

[starone]

I would think that was highly likely . Although I didn't lose any money there,it makes me feel like ostracising them.but I was brought up in a world where people honoured their debts.

[DTCwordfan]

Can we vote to go to war with them.

What would we need - two warships, one carrier, twenty planes and make them a colony - could share with the Dutch.......

Or we could be paid with their fish and in doing so, hep conserve ours.

[Gromit]

// Give the people a referendum and they will tell the politicians what the country really wants. //

Isn't that your stock answer about Europe or hanging?

Invariably though, the people tend not to understand the full implIcations of their vote and do vote against the county's national interest. Tricky thing democracy.

[R1Geezer]

W_T_F has that got to do with this issue bimbo?

Gromit, certain things require a referendum, EU subjugation is one, however letting the public decide this sort of thing is irresponsible.

[Oneeyedvic]

Yes, because the general public fully understand the issues surrounding Europe.

[R1Geezer]

W_T_F has this got to do with Europe? It's about scum welching on paying, simple!

[seadogg]

In a small country like Iceland democracy is more like the Athenian model and its not so surprising the government should take a referendum before such a decision. Trouble is, that its always going to produce the kind of answer they have given and thereby undermine Iceland's credibility

[Oneeyedvic]

R1 - if BP had gone to the wall after spilling oil in the Gulf of Mexico so you think that the British tax payer should have to pay compensation to the Sceptics?

It was private banks in Ireland that went down - and the Icelanders are actually following European law which states that a Sovereign country is not responsible

[Ankou]

"Many Icelanders have said taxpayers should not have to bail out irresponsible banks."

don't brits feel much the same way ?

[Gromit]

If we had been given a referendum on whether we should loan hundreds of £billions resulting in a huge deficit which will hang around our heads for decades, to bail out reckless private companies (the Banks), I wonder how the British public would have voted?

Lucky for you we didn't have a referendum, or you may have been out of a job.

[modeller]

Starbuck // Although I didn't lose any money there// , but you did , we all did, every bail out costs us jobs and money . Our so called leaders both local and state knew ( or should have known ) Iceland couldn't pay the high rates of interest without bankrupting themselves, but they allowed it to go ahead. We may blame the bankers but they just used the system as it was at the time. A system our governments allowed to get out of control.

[R1Geezer]

well you mostly seem determined to make irrelvant comparisons of unrelated situations, I Hoped for better from news, still perhaps I'll post this in chatterbank might get more sense!

[jno]

so that's an "I don't know" to the analogies other posters have proposed, then.

[anotheoldgit]

pixi-

/// everytime i come in news it reminds me of being at school....if you dont give the answer they want you get the stern look and the finger pointed to the corner lol ///

And you madam are one of the biggest culprits.

[Gromit]

^ ^

Nailed it.

Trigg, saw Big Audio Dynamite on friday. Brilliant. There's a band to frighten AOG