Sunday, April 10, 2011

In Iceland the Peasants Fight Back

The kleptocrats are fuming. For some strange reason, unlike the Irish, the people of Iceland once again voted against compensating foreign bankers for their losses (aka austerity measures).

The gall of these "people"! How dare they refuse to be saddled with someone else's debt! What's this world coming to if a kleptocrat can't be compensated for his losses?

While the other countries are collapsing, Iceland's economy and currency is actually improving. Keynesian economists everywhere must be stunned.

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