Comments on: Lowest Energy Prices!! – Or how to sell yourself, Icelandic style

By: Ministerial advice « Thor's Web

Ministerial advice « Thor's Web — Tue, 13 Jul 2010 09:08:02 +0000

[...] Lowest energy prices!! – or how to sell yourself Icelandic style – September 11, 2009 [...]

By: Bryan Bessette

Bryan Bessette — Mon, 22 Mar 2010 23:38:35 +0000

This breaks my heart…

By: Estate Taxes

Estate Taxes — Tue, 17 Nov 2009 03:13:58 +0000

I think this is something to worry about. Quiet depressing right? The problem with privatization is that private companies tend to exploit their resources for to gain profit. It’s just sad to know that resources are are being exploited for the benefit of few people.

By: Alexander E.

Alexander E. — Mon, 14 Sep 2009 18:01:18 +0000

2 Vinnur and Magnús Birgisson

Nice try indeed.
And thanks for the proof that HS Orka to Magma Energy deal is exactly what Alda is writing about

By: Finnguy

Finnguy — Mon, 14 Sep 2009 12:15:49 +0000

“Thirdly, the loan bears interest of 1.5 percent. ONE POINT FIVE PERCENT! Jeezus – wouldn’t you just love for, say, your mortgage to bear interest of 1.5 percent?”

Actually I have lower than that. It’s tied to euribor.

Yes, I do love it.

By: Melvin Godfried

Melvin Godfried — Mon, 14 Sep 2009 11:47:13 +0000

They wouldn´t even attempt this in Nigeria! Break out the tar and feathers!

By: hildigunnur

hildigunnur — Mon, 14 Sep 2009 11:37:07 +0000

Ryan, eh no! It’s the privatization that’s the problem – if the people behind Magma Energy are actually some of our own hated moneyswindlers everybody would be that much more angry.

By: tom joseph aka tj3

tom joseph aka tj3 — Mon, 14 Sep 2009 11:31:16 +0000

If the Icelandic people like this deal or not I think is still an open question. Apathy and non-involvement one way or the other will not safeguard their interests.

As you say Alda Icelanders are not a unified whole. Same here in the USA. It does not require a whole population not even an electoral majority to keep the deals safe.

But it does take a decent percentage of a population involved to counter questionable deal making. It is a year now since the USA had its financial meltdown, little has been done to reform our system. What was done was to pump vast trillions of US dollars into the bubble. We citizens watched buyouts and and renamings and we were on the hook for the debts and risks incurred, we still are.

None the less it is not a racist thing to guard the interests of ones place in the world. It is not really politics and finance. The principle “pirates” have very real advantages over apathetic citizens. Their primary advantage is they can pay, day in and day out, for someone else to do their fighting for them. Then they can go lounge and count their gold in peace while sipping tasty drinks.

A shell company in Sweden as a legal dodge for a Canadian company is part of that “pay for play” that a complacent population cannot counter, without giving up the bliss of pretending they are not being robbed in some nice way.

“You have to sell off local energy companies because….” These are arrangements smart guys make with retarded people to take advantage of them. Just sign here.

I know I am being very harsh, I apologize.

I am learning a lot from these comments on The Iceland Weather Report, I am learning which way the wind blows. The discussion is informative and applies way past the locality of Iceland.

By: Ljósmynd DE

Ljósmynd DE — Mon, 14 Sep 2009 06:42:35 +0000

The comment of Ryan reminds me of the anti-Icelandic comments on Reddit in connection with the translation of the article Eva Joly wrote in Iceland’s defense. People with little understanding, biased views or just not caring about any facts just let their prejudices take its course. If one would care to read this post more carefully or any other post of this blog with some understanding, then it is more than clear, that this statement is not only insulting but totally amiss.

It is pretty obviously stated in the post, that this deal has similar characteristics to the privatisation of the banks and the building of the Kárahnjúkavirkjun dam – which were Icelandic affairs. This is about the fear, that – once again – profits from public resources are siphoned off by private companies (Icelandic or non-Icelandic) instead of having the Icelandic public participate. And this fear is very justifiable.

By: RK in Los Angeles

RK in Los Angeles — Mon, 14 Sep 2009 01:01:48 +0000

Wow Im practically rolling on the floor laughing at that comment about racism and xenophobia. I sincerely hope it was meant to be funny, cause it is. But if not then let me just say that xenophobia is a really big word and should be used carefully. Its sometimes better to have some kind of grasp of the meaning of words before using them.

Alda your patience is admirable. How you handle your comment system is beyond me, I would not have an easy time with it.

Its good to know you have Vinir. Who needs enemies…