This post by Andres Jonsson is too good not to mention.  After getting his haircut, he asks if the Icelandic blonde is in danger of extinction. His hairdresser seems to mark some changes in the requests for colouring as it is very expensive.  Contrary to popular belief, there are fewer natural blondes in Iceland than [...]

“I’m moving to California. I am really looking forward to move from Iceland. The only problem is that I am not getting away debt free even if I manage to sell my home.” The waiter at the restaurant struck up a conversation. In his fourties he’s worked there for almost three years and has always [...]

Today the readers of Frettabladid can inform themselves about the tax plans of the Left/Greens. Their representative at an open citizen’s meeting earlier this week has received praise for the blunt statement that taxes must be raised and expenditure by the state lowered. A logically correct assessment if there ever was one in a logical [...]

At this moment in Icelandic history it makes sense to revisit a question posed by an idol of capitalism, former US president Ronald Reagan during the 1980 presidential debates. What Reagan asked the voters is said to have played a big role in him clinching the election.  “Are you better off than you were four [...]

After accepting over 70 million ISK in the last campaign year from Landsbankinn and the controlling owners of Glitnir (FL Group) when it was considered normal to accept donations of 300.000-500.000 ISK, how on earth was the government of the Independence Party and Social Democrats supposed to rein in the banks on the way to [...]

Trustworthy?   Right now the nation is waiting on the most useless information ever from the Progressive Party. Who were their largest donors in the last few years? Even though the party will open up its books, the sensitive info will be nowhere to be seen.

Glitnir The Independence Party might have enough on their plate with the scandal surrounding the donations from FL Group and Landsbankinn. Andri Ottarsson has resigned as the CEO, issuing a statement saying he had nothing to do with the donations but he still wanted to resign to help the party regain some credibility (why is [...]

In my relatively short time in the universe I have banked with four banks. SPRON, Landsbankinn and Kaupthing in Iceland and Citizens & Northern Bank in Pennsylvania. The money my grandparents gave me as a gift when I was baptised disappeared in SPRON because the government of Iceland could not curb inflation in the early [...]

Then M.E.G.A. surprised me by asking what people thought of his country — he was wondering if people viewed Iceland as a punch line . and We had so many positive things to write about. Suddenly all we had was bad news Georg said. The economic crises had at least one silver lining for Sprengjuhollin. [...]

At least one Icelander is coming out on top of something. Arni Matthiesen, Finance Minister is # 1 in the Huffington Post’s vote for the World’s Worst Banker. He’s even got Alan Greenspan beat.