Iceland Votes No! We pay... as usual.

 Icelanders have voted to reject proposals to repay something like 4 billion quid that they owe us and the Dutch. Well, isn't that a great example of democracy in action? I may have a vote on whether or not to pay my phone bill next month, and taking into account the Icelandic result, I am expecting a landslide "No" vote.

"The Icelandic nation has been put in a terrible situation," Reykjavik voter Helgi Sigurdsson has told the Associated Press news agency. "It has two choices - both are bad." 

Well, how about a third option? How about giving Britain it's money back? 


The tragedy is that in a desperate bid to renage on their obligations, Icelanders will now push to join the EU asap, and pass the debt to Europe's taxpayers. What's good for the Irish, Greeks, and Portugese, is surely good enough for Helgi Sigurdsson. As for that cod they bravely fought us for in the 1970s? They can kiss that goodbye. The Spanish will sterilise their fishing grounds inside of a decade. Then, I guess, they will want compensation. Bloody parasites!