Assembly candidate applauds iceland for saying “no” as they refuse to pay for bank losses
Brian Faloon has said he is delighted that the Icelandic people have refused to foot the bill for the failed Icesave bank. He says “it is a real victory that the ordinary person in the street has voted that they will not bail out this private bank. In doing so, the Icelandic people have shown us a way of dealing with the corporate and governmental bullying that is going in the current so-called age of austerity.
He adds “No reasonable person, or government, should expect a nation to pay up for the failures of its private companies. The failure of capitalist greed should not be met by the safety net of the public purse”.
“That Iceland chose to put its failed banks to one side and start afresh was the best solution for Iceland and it is slowly recovering from the financial catastrophe that it suffered. To burden Iceland's people with paying back the debt of failed privateer's is unjust and unfair”.
Brian says that the people of Iceland should inspire us to take similar action “We should look to Iceland for inspiration in the face of unjust cuts and the unfairness of bankers bonuses.
We too must say NO”
Brian Faloon has said he is delighted that the Icelandic people have refused to foot the bill for the failed Icesave bank. He says “it is a real victory that the ordinary person in the street has voted that they will not bail out this private bank. In doing so, the Icelandic people have shown us a way of dealing with the corporate and governmental bullying that is going in the current so-called age of austerity.
He adds “No reasonable person, or government, should expect a nation to pay up for the failures of its private companies. The failure of capitalist greed should not be met by the safety net of the public purse”.
“That Iceland chose to put its failed banks to one side and start afresh was the best solution for Iceland and it is slowly recovering from the financial catastrophe that it suffered. To burden Iceland's people with paying back the debt of failed privateer's is unjust and unfair”.
Brian says that the people of Iceland should inspire us to take similar action “We should look to Iceland for inspiration in the face of unjust cuts and the unfairness of bankers bonuses.
We too must say NO”
No comments:
Post a Comment