A brilliant recap of 2009 by reporter Magnus Geir Eyjolfsson from Pressan.is The IceSave issue finally closed yesterday with the historic vote of Althingi, ending one of the most humiliating year for politics ever, in an appropriate manner I must say. Never before has such a large group of people embarrassed itself as thoroughly and [...]

A local council in a rural area north by the sea began a discussion about a farmland which had been left by the farmer last autumn. The land was in bad shape and something needed to be done. A lot of discussion went on but little was done. This land had been owned by the [...]

Remember this man. He is one of the faces of Iceland who has been cast aside by his society. The District Court of Reykjavik yesterday declared that the borrower of a currency loan was responsible for paying his loan fully, even if it had doubled in one year. The Court really had few other options, [...]

I am particularly interested to see the MP’s of the Movement, so aptly named after they deserted the citizens who voted for the Citizens’ Movement partake in the filibustering. This is probably the only thing the Progressive Party and the Independence Party have been able to organize successfully this year except for the fundraising for Illugi Gunnarsson and Gudlaugur [...]

It is hard to understand why members of parliament and the government are outraged when the state is supposed to pay unfair debts. When they are simultaneously adamant that the state’s citizens should pay up their unfair debts fully and completely.

It has been interesting to watch the development of the three daily newspapers in Iceland in the past year. Morgunbladid was one of the victims of Bjorgolfur Gudmundsson’s fatal business-eating disease and has had its ups and downs. At its best when analyzing what is behind the numbers Icelanders are facing, be it IceSave or [...]

The mind boggles. Althingi is preparing to vote on whether Iceland should enter talks with the EU and there are a couple of MP’s whose stance and attitude towards the whole thing is astoundingly backwards to say the least. I voted for the Citizen’s Movement and have been reasonably pleased with the fresh air they’ve [...]

Some stuff you just cannot make up. Independent Party MP and former economic advisor to Geir Haarde’s government, Tryggvi Thor Herbertsson told Althingi that he’d just met one of the “viking raider” businessmen who’d critizised the government for not having called on any advisors in the IceSave. Tryggvi quoted the businessman as saying “at least [...]

…but I told you so before the elections. There isn’t much difference in voting for the Left Greens, Social Dems, Progressives or the Independence Party. At least it doesn’t seem like a new government has arrived. The new one is still mired in secrecy, nepotism, stiff ideology and impotence. I saw the Minister of Industry [...]

“Foreign journalists (not Icelandic ones, except for maybe Egill Helgason), Icelandic and foreign specialists, foreign leaders, including Gordon Brown had said from 2006: “this isn’t going to work, you have to do something”. Althingi didn’t do anything, the government didn’t do anything, the Central Bank didn’t do anything, the Financial Authorities didn’t do anything and [...]