Moody's Puts Iceland's Baa3 Rating On Outlook Negative, Next Stop - Junk, As Island Nation Continues Giving Banks the Finger

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Thu, 07/29/2010 - 15:42 | 494753 trav7777
trav7777's picture

finger, bitchez

Thu, 07/29/2010 - 16:24 | 494877 Ethics Gradient
Ethics Gradient's picture

Your best work yet!

Thu, 07/29/2010 - 19:33 | 495259 russki standart
russki standart's picture

NEWS FLASH: Bin Laden was spotted in Iceland, US to send in troops to rescue Iceland from the potential Terrorist Threat....Also to help collect banksters loans.

Thu, 07/29/2010 - 19:47 | 495287 Max Hunter
Max Hunter's picture

+ 100

Thu, 07/29/2010 - 21:56 | 495427 Ray1968
Ray1968's picture

Does Iceland have a military? I hope so.

Fri, 07/30/2010 - 09:00 | 495819 Chunkton
Chunkton's picture

Ouch, this one is too close for comfort.

Thu, 07/29/2010 - 19:41 | 495274 Kiss My Iceland...
Kiss My Icelandic Ass's picture

Couldn't have said it better myself.

 

Kiss My Icelandic Ass

Thu, 07/29/2010 - 15:44 | 494759 chet
chet's picture

If you're going down, you might as well light the building on fire and take some pot shots at the cops circling outside.

Thu, 07/29/2010 - 15:44 | 494761 doomandbloom
doomandbloom's picture

Ejjjlkjeuroayuddbhi, bitchez 

Thu, 07/29/2010 - 15:44 | 494762 unwashedmass
unwashedmass's picture

 

good for them. stand strong, Iceland.

Thu, 07/29/2010 - 16:41 | 494925 Hansel
Hansel's picture

+1, who cares what Moodys thinks

Thu, 07/29/2010 - 19:11 | 495229 Kali
Kali's picture

precisely, who the f**k cares what they think.  They should all be in jail.

Thu, 07/29/2010 - 19:23 | 495245 breezer1
breezer1's picture

the imf cares. they authorized the downgrade.

Thu, 07/29/2010 - 22:05 | 495435 Kali
Kali's picture

who cares what the IMF thinks.  Same sea monsters, I should hope that Iceland knows how to deal with sea monsters.  These assholes will show how craven they are if they ever attempt to militarily take "payment" on a small, white, island nation.  It will expose to the world what fascists they are.

Thu, 07/29/2010 - 17:12 | 494993 cossack55
cossack55's picture

I now alternate flying the Iceland flag on even days and my Bennington flag on odd days.  Iceland.....what America used to be.

Thu, 07/29/2010 - 20:32 | 495324 Oracle of Kypseli
Oracle of Kypseli's picture

With 99% literacy, abundant fish and huge supplies of aqvavit, they will eventually be better off.

and

Yes I forgot the sheep, Icelandic wool sweaters anyone?

Thu, 07/29/2010 - 19:24 | 495248 russki standart
russki standart's picture

Yeah, F@ck you Moodies, IMF and the rest of the criminal clan.

Thu, 07/29/2010 - 15:45 | 494763 NOTW777
NOTW777's picture

someone still on the EUR gaspedal with no let up

Thu, 07/29/2010 - 15:51 | 494780 Oh regional Indian
Oh regional Indian's picture

NotW, I think the calls for it's general demise a few weeks ago were far too premature.

Parity will happen together, in one fell swoop.

North Atlantic Tea-tree Organization (NATTO)!

And anyone who'se ever been to Japan knows NATTO is just bad news.

Till then, the manipulators have it. And we'll just be guessing fools. Gamblers.

ORI

http://aadivaahan.wordpress.com

Thu, 07/29/2010 - 16:05 | 494823 NOTW777
NOTW777's picture

1.3267 looks like resistance.

Thu, 07/29/2010 - 17:17 | 495004 Max Hunter
Max Hunter's picture

Why?.. Trend line or Fibo?

Thu, 07/29/2010 - 15:47 | 494769 thislittlepiggy
thislittlepiggy's picture

Errr.. I would say Iceland should stop pissing about and get into the EU double-quick; they may well need a bailout soon...

Thu, 07/29/2010 - 17:00 | 494972 Martel
Martel's picture

They don't need a bailout. They need a good, honest, old-fashioned default.

Thu, 07/29/2010 - 18:47 | 495185 masterinchancery
masterinchancery's picture

Yes, traditional remedies are best, and may keep the foreign banks away for 4-5 years.

Thu, 07/29/2010 - 15:49 | 494775 pan-the-ist
pan-the-ist's picture

The real question: how did Iceland prevent the International Jews from currupting their government?

Thu, 07/29/2010 - 15:54 | 494794 Running on Empty
Running on Empty's picture

It never has Florida like weather to complain about.

Thu, 07/29/2010 - 17:31 | 495032 Max Hunter
Max Hunter's picture

Because of their size.. Plain and simple.. No divisions to speak of. IMO it's more difficult for them to spin their lies when a government as small as theirs can be controlled by watchdogs..

Thu, 07/29/2010 - 18:21 | 495148 lynnybee
lynnybee's picture

why do people "junk" the truth ?    you should be applauded for saying it !   duh ..... Rubin, Greenspan, Barney Frank, Bernanke, Dimon, Summers, Geitner, Blankfein, Clinton's new son-in-law, COME ON PEOPLE !  WISE UP ! 

Thu, 07/29/2010 - 18:41 | 495173 Max Hunter
Max Hunter's picture

I read an article in the Haaretz last year. The  state of Israel made a call to arms for people to volunteer as bloggers to comb the internet and oppose anti-israeli positions with comments in forums. Some 14,000 people signed up within hours. They probably have tens of thousands by now. Then add in the Zionist Christians and Neo-cons.. You have an army of fools spewing hatred for Muslims and alliance with the terrorist state of Israhell.. Makes me sick to my stomach.. I can see them from a mile away.. They think they are sly.. but they're not..

Thu, 07/29/2010 - 19:22 | 495174 Max Hunter
Max Hunter's picture

Junked already.. LMAO .. Like cockroaches.. Their numbers are many..

Thu, 07/29/2010 - 23:04 | 495505 Doctor sahab
Doctor sahab's picture

Their agenda has gotten so bad that I ignore any news report where the report has

a jewish name. One State Solution... cut all money for Israel, Palestinians and let

them live or die together.

Thu, 07/29/2010 - 22:08 | 495440 ATTILA THE WIMP
Thu, 07/29/2010 - 15:54 | 494790 THE DORK OF CORK
THE DORK OF CORK's picture

Its a terrible feeling when you feel ashamed for your country.

Even so , Iceland is a beacon of light for a country under complete domination of the money masters.

Ireland needs to change its name to debtserviceland as Iceland/Ireland can easily be confused by people with limited geographical knowledge.

 

Thu, 07/29/2010 - 16:15 | 494839 hedgeless_horseman
hedgeless_horseman's picture

When will Iceland finally throw out the fucking Brits?

Thu, 07/29/2010 - 16:30 | 494892 THE DORK OF CORK
THE DORK OF CORK's picture

The average Brit is a honourable sort of fellow - its the deviants that lurk around the streets of the square mile that are the problem.

Thu, 07/29/2010 - 16:40 | 494923 Oh regional Indian
Oh regional Indian's picture

Very true Dork. And you can take that to each and every country in the world.

Good normal folk.

And ALL the rotten apples in positions of power.

 

ORI

http://aadivaahan.wordpress.com

Thu, 07/29/2010 - 18:52 | 495199 DoChenRollingBearing
DoChenRollingBearing's picture

ORI, my experience as well, everywhere I have been.

Thu, 07/29/2010 - 17:18 | 495005 Max Hunter
Max Hunter's picture

I agree 100%... but they really need to stand up to the City...

Thu, 07/29/2010 - 19:30 | 495255 breezer1
breezer1's picture

bankers, in every city.

Thu, 07/29/2010 - 17:25 | 495017 trav7777
trav7777's picture

The average USian is also a decent person.  The Money Tribe that runs the financial systems in both nations is the problem.  Both of these States saw the largest exodus from Europe during the War of clan members, consequently it is no accident that since then, both have had increasingly aggressive and militaristic foreign policies.

The tribe has had a banking stranglehold on Britain since 1700, and has lent the sovereign balls-deep into debt.  That type of financial posture makes the sovereign increasingly beholden and presents a tremendous amount of policy-shaping clout to the debtholders.

Thu, 07/29/2010 - 16:50 | 494953 Roy Bush
Roy Bush's picture

Good question.  Hopefully, Iceland defaults and takes their country back.  They should stand up against the debt-slave system!

Thu, 07/29/2010 - 16:09 | 494840 Trundle
Trundle's picture

Money backed by seashells.

Go Vikings!

Thu, 07/29/2010 - 15:58 | 494803 vote_libertaria...
vote_libertarian_party's picture

So who has their bonds/loans on their books and for how much?

Oh...I forgot...nobody ever needs to worry about large losses anymore.

Never mind.

Thu, 07/29/2010 - 16:00 | 494808 metastar
metastar's picture

Go Iceland!

Thu, 07/29/2010 - 16:17 | 494856 Walt Whitman
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Throw all the Icelandic banksters in the Jcelandikjaggaolnik.

Thu, 07/29/2010 - 16:02 | 494813 RockyRacoon
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Consumers are less and less concerned with FICO scores.  A country should become less and less enamored with "credit rating agency" scores as well.  Those who have NO credit have terrible FICO scores even though they could probably buy and sell most of us.  A country gets more solid in my opinion the more it repudiates its debt.   Just my narrow view.

Thu, 07/29/2010 - 16:46 | 494943 Dr. No
Dr. No's picture

Reminds me of a generation past.  A bunch of years back, I overheard my grandmother (depression generation) on the phone with a banker.  The banker was pushing a new fangled visa debit card for her checking account for which has been open for longer than I have been alive.  The banker stated the debit card would help her credit rating, to which she replied "Credit rating?  I dont care about that..." and she hung up.

Thu, 07/29/2010 - 16:03 | 494817 old_turk
old_turk's picture

Mo..o..o..o..o..o..o..o..dy's can stuff it their pie hole.

Icelandic folk, excluding the pols and banksters rock!

Thu, 07/29/2010 - 16:08 | 494836 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

*ring ring* 

Hello? China? Russia? 

Hey, the EU won't trade with us anymore. You guys interested in buying lots of fish? We also have some airfields and sub bases ready for lease. We also have tasty fermented shark. A real aphrodisiac, that one is.

P.S. we also have some really hot babes here. Good after you have some fermented shark.

Thu, 07/29/2010 - 16:16 | 494857 aheady
aheady's picture

And Bjork. Don't forget Bjork!

Do NOT follow this link or you will be banned from the site!