operating within and under the legislative framework of a sovereign nation?

With hindsight we should have been shouting long and loud about

deregulation since Thatcher/Reagan, but we didn’t and we’re now under the yoke for 20 years to pay for that mistake.

Why on earth should

we be paying for a similar like of involvement, oversight or understanding in Iceland???

cards orchestrated as much out of London as New York. The citizens of Iceland have no greater responsibility for what happened than the citizens of

London (and a lot less than the suburbs British bankers favor). They certainly have no greater responsibility than British voters who supported

Margaret Thatcher and her economic snake oil theories and who subsequently reveled in London’s reputation as an international financial hub and

the false prosperity it brought for a time.

It was imprudent British investors/depositors who, forgetting the relationship between risk and

reward,fell for the blandishment of international financial salesmen and put their money into Iceland (and elsewhere overseas). Did British

depositors/investors lose money in American banks? If so, when will Britain declare a propaganda war on, or threaten, America on behalf of British

taxpayers?

It was British politicians who subsequently decided that all British taxpayers should bail out both the imprudent depositors and

bankers. Therefore, if taxpayers are hurting, they should vent their anger in that direction. In particular, why chase Iceland for funds that could

be recovered in the long term from the British banking system.

It is hard for people like we in Australia to see the justice of Britain’s

attempts to financially crush the Icelandic people. The sight of Britain attempting to behave like a colonial power again would be hilarious if it

wasn’t for its potential to further destroy the lives of the Icelandic people already crushed by the results of economic policies enthusiastically

espoused by Tory Governments and the subsequent and inevitable perfidy of international bankers.