After bailing out the country’s banks, the Icelandic people may be seeing some of that money back in their pockets.
Speaking to attendees of the national convention of the Independence Party, of which Bjarni is the chairperson, Kjarninn reports that he submitted the idea that 5% of Íslandsbanki’s shares be distributed to each and every Icelander. As the value of the bank is currently placed at 187 billion ISK, 5% would come out to about 9.3 billion ISK, or just under 30,000 ISK for each Icelander.
“I am saying that the government take some decided portion, 5%, and simply hand it over to the people of this country,” he told attendees.
This action differs sharply with the actions of the U.S. government, as pointed out by Activist Post:
Iceland recently jailed its 26th banker — with 74 years of prison time among them — for causing the financial chaos. Meanwhile, US banking criminals were rewarded for their fraud and market manipulation with an enormous bailout at the taxpayers’ expense.
Sources: Grapevine.is, Activist Post
criminy, we should have done that…not bailed them out
The US government needs to do that to the Federal Reserve Bankers and all foreign bankers involved with the Federal Reserve?
Who do we jail here the thing is such a mess that ever Sherif Joe could not figure who to arrest then he locked himself up by mistake or so he claims
What a novel idea !!!
Too bad America won’t do this…too bad most of the population here won’t demand it
Slippery slope
I wish US would have done that
Yes jail our crooks on wall street and Bloomberg run banks ?
I am in.
I like Edwards answer– jail the Feds!!!