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Gordon Brown declared diplomatic war on Iceland tonight with a furious attack on its 'illegal' refusal to pay back billions of pounds owed to British savers.
The Prime Minister invoked rarely used anti-terrorism powers to freeze Icelandic assets as fears grew that vast sums of British cash deposited in its banks could be lost.
Originally posted by Mintwithahole.
yeh, we know who to pick a nark with in this country! When he's done with Iceland Asda and Morrisons had better watch out. . .
Originally posted by welivefortheson
using anti terror legislation to freeze the assests of foriegn companies for non terrorism related purposes?
what has going bankrupt got to do with any dangerous activities?,
once again we see that laws passed with promises of utmost respect and astuteness being broken whimsicly for political reasons!
...Mr Haarde, asked if he felt there was a crisis in relations between Britain and Iceland, said: "I thought so for a few minutes this morning when I realised that a terrorist law was being applied against us. "That was not very pleasant. I'm afraid that not many governments would have taken that very kindly, to be put in that category and I told the chancellor that we were not pleased with that." But he said he had cleared up a number of issues with Mr Darling.
Originally posted by jmlima
Originally posted by welivefortheson
using anti terror legislation to freeze the assests of foriegn companies for non terrorism related purposes?
what has going bankrupt got to do with any dangerous activities?,
once again we see that laws passed with promises of utmost respect and astuteness being broken whimsicly for political reasons!
The problem is not with the savings of pensioners, the big problem is that UK councils , police and transport authorities had more than £900m invested in Icelandic banks, money now seized by the Icelandic government. That is where Brown is coming from, he is trying to rescue that money. And that's certainly why he invoked whatever power he could. In fact the Icelandic PM did not seem that much bothered, mildly annoyed I would say judging by his declarations:
...Mr Haarde, asked if he felt there was a crisis in relations between Britain and Iceland, said: "I thought so for a few minutes this morning when I realised that a terrorist law was being applied against us. "That was not very pleasant. I'm afraid that not many governments would have taken that very kindly, to be put in that category and I told the chancellor that we were not pleased with that." But he said he had cleared up a number of issues with Mr Darling.
I can see at any moment Harry Hill's TV Burp featuring Brown against Katona , on the 'fight' segment.
Originally posted by welivefortheson
using anti terror legislation to freeze the assests of foriegn companies for non terrorism related purposes?
what has going bankrupt got to do with any dangerous activities?,
once again we see that laws passed with promises of utmost respect and astuteness being broken whimsicly for political reasons!
Originally posted by welivefortheson
....
i was lead to believe when you invest in something,as they all did,when that investment is a bad investment you loose,since that investment is money you will inherently loose that money.
when you make a good one you win and make a profit,its what its all about,effective desicion making.
...
... But councils say they have followed Treasury advice by investing surplus money to deliver the highest return for taxpayers. ...