The Dim-Post

January 31, 2009

Iceland

Filed under: general news — danylmc @ 10:59 am

Iceland has appointed the world’s first openly gay prime minister.

Johanna Sigurdardottir is a left-wing lesbian environmentalist. No doubt she’ll destroy the Icelandic economy and they’ll have to elect a right-wing, free-market government to get things back on the right track.

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12 Comments »

  1. I agree, right-wing economic policies have a lot to answer for. Many of the world’s problems can be traced to the massive increase in life-expectancy, health, and wealth that they have created over the last 50 years. Shame on them!

    But good luck to Johanna, seriously. She has a massive challenge.

    Comment by vibenna — January 31, 2009 @ 12:45 pm

  2. Her first act should be to demand the extradition of Gordon Brown to face charges. Although he would probably get off on an insanity plea.

    Comment by barnsleybill — January 31, 2009 @ 12:48 pm

  3. http://www.liveleak.com/view?i=b0a_1232747931

    Comment by mjl — January 31, 2009 @ 1:28 pm

  4. Iceland
    Filed under: general news — danylmc @ 10:59 am

    > Johanna Sigurdardottir is a left-wing lesbian environmentalist. No doubt she’ll destroy the Icelandic economy

    I don’t know about the Icelandic economy in general, but the Icelandic banking system is already wrecked. This sounds a bit like the situation in the US – banking system going to Helena Handbaschett, so lets elect a minority person to struggle to fix it.

    Comment by kahikatea — January 31, 2009 @ 1:31 pm

  5. No doubt a focus on reducing their carbon dioxide footprint will help Iceland enormously.

    Comment by Berend de Boer — January 31, 2009 @ 10:08 pm

  6. Iceland doesn’t have much of a carbon footprint, but whatever. Maybe they should deregulate their banking sector and let freedom ring. Oh wait.

    Comment by Guy Smiley — February 1, 2009 @ 3:04 am

  7. Sounds like a good plan Guy. With capitalism we never have bankruptancies, never failing companies, and never have crooks. Moreover, capitalism has that invisible hande that will correct so many ills. No need for nationalisations and taking money from workers to handover to rich bankers.

    Comment by Berend de Boer — February 1, 2009 @ 10:10 am

  8. What actually does Iceland produce or do? I guess there’s some fishing (maybe, if the international Greenazis haven’t stopped them)… some Top Gear ice racing TV programmes got made there…. what else? Dis they operate some sort of tax/banking scam in their finacial system which collapsed because it was built on a monetary fault line? I dunno. What is the basis for this economy of theirs which sems to have collapsed?

    Comment by Dave Mann — February 1, 2009 @ 10:11 am

  9. @dave, they hugely over-capitalised in a poorly regulated financial free-for-all.

    Comment by Che Tibby — February 1, 2009 @ 10:22 am

  10. Wikipedia has a good overview of the causes of the crisis:

    http://en.wikipedia.org/wiki/2008%E2%80%932009_Icelandic_financial_crisis#Causes

    Maybe I’m being uncharitable but I can’t help suspect New Zealand would look a lot like Iceland if Don Brash had won the election back in 2005.

    Comment by danylmc — February 1, 2009 @ 10:29 am

  11. Thanks, Danyl… I had got there TOO! Isn’t the internet wonderful? lol.

    I dunno about Don Brash, but it does seem to me from a quick scan of the article, that their whole economy had been more or less created out of thin air by a series of banking manoevers which essentially relied on scams and fiddles rather than sticking to their knitting which seems to be fishing, abundant geothermal power (for aluminium smelting) and maybe tourism.

    I think this really illustrates the importance of having a firm economic foundation based on production (or at least selling stuff etc) rather than just clever gnomes of Zurich endlessly shuffling other people’s money around from one scam to the other. I guess in today’s anally obsessed anti-industry environment fishing and aluminium production aren’t seen as being as valuable as they really are.

    Poor Icelandic people. Their sexy girly singer has done well internationally too but even that hasn’t helped them. What can we learn from this? And, Danyl, could you explain why you think Don Brash would have created the same problems for NZ?

    p.s. that was a genuine question btw, not a rhetorical poit-scorer :-)

    Comment by Dave Mann — February 1, 2009 @ 10:59 am

  12. “I guess in today’s anally obsessed anti-industry environment fishing and aluminium production aren’t seen as being as valuable as they really are.”

    my oath. anyone remember “pretty woman”, where gere decides to “do something” instead of corporate raiding?

    might need a film like that for the noughties.

    Comment by Che Tibby — February 1, 2009 @ 11:16 am


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