Friday, 8 January 2010
DAVID MILIBAND ASSURES ICELAND IT'S OK TO DEFAULT ON £2.3B PAYMENT AS IT WON'T AFFECT THEIR NEGOTIATIONS TO JOIN THE E.U.
David, (the man who would be King if he had a backbone) Miliband, has assured our Icelandic friends that it doesn't really matter if they default on their £2.3 billion debt to Britain as it won't affect their negotiations to join the E.U.
BIG BAD BRITAIN would not even contemplate using the issue to put pressure on such a small but fragile nation.
AYE RIGHT! Iceland’s threat to default on its debt to Britain should surprise no one. Icelanders are, by nature, intrinsically unreasonable. It is part of their charm and the secret of their survival. If the founders of that unique nation — Norwegians, escaping from medieval tyranny, with their Irish and Scottish slaves and women they kidnapped during their flight — had made a rational appraisal of their prospects, they would not have settled on a giant lump of lava in the cold ocean just south of the Arctic Circle.
The national genetic records are precise. The men and women who want to repudiate the obligation to repay the loan are directly descended from the heroes of the sagas. When those marauding old Norsemen found that they had mistaken Venice for Constantinople, they sacked it anyway because sacking was their business. Their progeny are not going to feel many qualms about keeping £3.6 billion of somebody else’s money.
So get your act together sharpish Miliband or WE'LL stop giving you our oil revenue as well!