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Icelandic terrorism!!!

October 9th, 2008 by mike

From The Telegraph about our the UK’s investment in the Icelandic banking industry:

“He vowed to go beyond the action already taken against Landsbanki, one of the Icelandic banks which had its UK assets seized on Wednesday under anti-terrorism laws meant to stop extremist groups laundering money.”

Anti-terrorism laws being used to freeze UK assets of a BANK? Nice one, Gordon. When these laws were passed, I’m sure many sensible people stood and said that they would be abused, and I’m equally sure our esteemed “leaders” said no they won’t. The proof is right there… I hate Labour’s Big Brother-style of Government, and it must end.

But it gets better:

Mr Brown told the BBC: “We are freezing the assets of Icelandic companies in the UK where we can. We will take further action against the Icelandic authorities wherever that is necessary to recover the money.” He has also called on the rest of the world to follow Britain’s “ground-breaking” move to save the banking system. Mr Brown urged other governments to put money into struggling banks and offer similar guarantees to persuade them to resume lending to each other.

Quick, spend your way out of recession! Use terrorism as an excuse to freeze assets!!! Christ, you couldn’t make it up. Gordon Brown is a broken man at the top of a broken party that has wholly ruined Britain.

Note for councils: interest rates offered by banks reflects the risk related with the account. Should have kept the money in the UK, but thanks to John Prescott, councils were allowed to invest where they liked - seeing as they can’t even sort out bin collections, how the hell were they meant to manage investment?

Posted in Money, Politics |

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