A few weeks ago the The Directorate of Tax Investigations in Iceland made a public media announcement that was strange to say the least. At least to those who seem to have any sense left in them after the whole storm of mistakes and government fuck ups in since the whole economy in Iceland... »
The 2010 Time 100 list. List influential people of “Least Influential People of 2010” published by Time magazine is interesting. On the top 100 list there are three Icelanders. So, statistically Iceland has the slimiest bastards of 2010 record. How such a small nation can produce so many slimy bastards is incredible. But sadly a... »
The big question of today is about the real owners of the Icelandic banks Arion (the restored Kaupthing) and Íslandsbanki (the restored Glitnir). The debt collections are large, and the stakeholders who own the debts got the banks from the Icelandic government. The main question is this: Who really owns the banks? The answer is not... »
This is a taken from the Icelandic Coastguard plane on an ELTA radar, and is approx. 2.5 km in diameter. This is the one who sends the ash to Europe. »
A large flood is rushing down the glacier and farms near the rivers have been told to evacuate straight away to higher ground. They are in running for the hills in the literal sense. Most people should be able to make it to the evacuation centers. It is a far bigger flood than the... »
Instead of Cash, they send Ash. Britain has been grounded for the first time since the Wright brothers started their test flights. The Eyjafjallajökull volcano eruption is relatively small, but winds carry the ash to Europe and in doing so, it grounds all flights, since the ash is very dangerous for jet engines. One can’t help but... »
The new volcanic eruption in Eyjafjallajökull has some interesting features. It starts two days after the “Black Report” came out. Similar to the “tourist volcanic eruption” at Fimmvörðuháls that came out at the same time as the IceSave discussion was at it’s peak after the national referendum. How to compare volcanic eruptions to political hot topics. Fimmvörðuháls is... »
Now the whole shithouse goes up in flames. The radio, the internet and in fact the replies of those who got the chance to reply the commission’s accusations now all join together and ATTACK THE COMMISSION and the commission individuals. Desperate acts of the guilty people. »
Banks, owner, shareholders, key staff, politicians….all blew up the balloon by buying shares in the banks and the banks bought shares in each other, loaned themselves through companies to pump up the price and the “looks” of the banks. The whole thing was a big scam. All the deals, lending to owners, transferring money….FRAUD. They took money,... »
So what is in the “Black Report”? English summary of the report is here. In very short, the report is massive, but in this first hour of its release this is it so far. The banks gave their owners far to much loans and the banks worked for the biggest shareholders (owners and their friends) and ignored... »
