Remember Indefence? The group which persuaded the president of Iceland not to sign the IceSave agreement last year. Which many believe has saved Icelandic taxpayers some serious amounts with the agreement of better terms a year later, while others maintain that it has delayed the reconstruction of Iceland by keeping away foreign direct investment because [...]

From Wikileaks.nl TREASURY FOR MYERS AND NORTON NSC FOR HOVENIER E.O. 12958: DECL: 11/13/2019 SUBJECT: INDEPENDENCE PARTY LEADER SEEKS MEETING WITH WHITE HOUSE TO DISCUSS IMF Classified By: CDA SAM WATSON FOR REASONS 1.4 (B) AND (D) 1.(C) Summary. Charge d'Affaires (CDA) met Bjarni Benediktsson, leader of the opposition Independence Party, to discuss a range [...]

Well this is what happened…. …apart from the UK and Holland not showing any signs of rushing into negotiating… ….nothing.

The party which got Icelandic society into this mess could just hold the keys to make things right. It is quite a bit strange to hear people say that they would still vote for the Independence Party today, even after its Icarian flight of the past two decades and its nepotistic distribution of the wealth [...]

Yesterday I spoke to two grown up, salt of the earth people who had signed the InDefence petition. They were adamant that they had signed against Iceland paying the IceSave debt. Their understanding of the issue was that a national referendum would give the nation an opportunity to say no to paying the debt. What [...]

The idea of an IceSave memorial is a great one. So here is a homage to the people who got us IceSave.               As Prime Minister and Finance Minister, David Oddson and Geir Haarde privatized Landbankinn into the hands of Bjorgolfur Gudmundsson, who had no experience in banking but [...]

For people from outside Iceland it is probably hard to understand the world Bjarni Benediktsson seems to live in. The chairman of the Independence Party who is normally afraid of speaking his mind under the watchful gaze of his predecessors says in an interview with Frettabladid today that he is pro-European. He claims that it [...]

Blogger Gunnar Smarason writes a disturbing piece on the prosperity of N1, gas station and convenience store empire. I just don’t know why none of the major media has picked up on it. According to Gunnar, N1′s third quarter report states that the company’s earnings have grown threefold before tax, interests and amortization, compared to [...]

Sigmundur David Gunnlaugsson – Progressive Party 1. Defend the interests of father’s friends and Progressive Party fat cats. 2. Stall an IceSave solution as long as possible to make political opponents look bad. 3. Have lunch. 4. Make sure that the Progressive Party “owns” a special green room at Althingi. 5. Have dinner 6. Regularly cause [...]

What are people like Bjarni Benediktsson, Thorgerdur Katrin Gunnarsdottir and Olafur Stephensen thinking now? Do they really belong in the same corner of society as David Oddson, Bjorn Bjarnason, Hannes Holmsteinn Gissurarson, Kjartan Gunnarsson and Oskar Magnusson? Or is their political career “paid” by the same interest groups? The list of Independence Party coat-tailers whose [...]