For the next couple of weeks Icelanders can head down to the tax office and check out what their neighbours and co-workers are rendering unto Caesar for the year 2010. The tax returns might not make as exciting read as in the heady days of 2004-2008 but they still give the public valuable information about [...]

Skafti Hardarson will inherit Iceland. For those who are not fluent in Icelandic, Skafti is the Icelandic version of Glenn Beck, albeit with a much smaller following, a blog site instead of a TV show and where he lacks in props he more than makes up for in derisory and outraged vocabulary. Skafti thinks the [...]

David Oddson’s letter to Timothy F. Geithner from Wikileaks. October 24 Mr. Timothy F. Geithner, President Federal Reserve Bank of New York 33 Liberty Street New York, NY 10045 USA Dear Tim, Friday afternoon, October 24, 2008, the Government of Iceland announced that an agreement had been reached with the International Monetary Fund on a [...]

Parents are supposed to have all the answers. That is why their offspring keep asking them “why” if they don’t feel satisfied with what they’ve been told. My father has always spoken wistfully of Vilmundur Gylfason, the charismatic young politician who ruffled a thousand feathers in the seventies and early eighties with eloquent criticism of [...]

…interesting things were happening in the sub-divisions of the Independence Party. A new group ascended to power within Heimdallur, its Reykjavik youth organization last night. It has been hailed by the Icelandic “Fox News”, the website AMX.is as “idealistic people with a clean slate” lead by newcomer Hlynur Jonsson. Alarm bells! Behind AMX.is are Milton [...]

Why does Iceland need the EU? A comment from this post expressed wonder at the current situation in Iceland. Somehow many people expected things to be much worse for the general population by now. People are still going to coffee shops even if the latte is approaching the price of a pre-crash beer, there are [...]

Ten reasons why it has all gone fucking fuck in Iceland since the pots and pan revolution. 1. There was a demand of reform in the fishing industry. It was needed because the resource was gathering in the hands of very few who in turn used their wealth to borrow intensely against it and invest [...]

Former Kaupthing chairman Sigurdur Einarsson who was wanted by Interpol earlier this year knows where to seek blame for the Icelandic banking collapse of 2008. It was the government, the supervision authorities and Landsbankinn amongst others according to a big interview in Frettabladid today. The governments of David Oddson and Geir Haarde also know who [...]

It is quite amazing how successful the Independence Party has been at projecting two of their own larger problems onto others. In classical psychology, projection is always seen as a defence mechanism that occurs when a person’s own unacceptable or threatening feelings are repressed and then attributed to someone else. An example of this behavior might be blaming [...]

For dishing out misinformation, lies and slander, the nation’s most notorious nameless columnist receives 4 million ISK a month. Courtesy of the fishing lobby.