Moral issues of the Icesave  E-mail
Wednesday, 19 August 2009 19:08

In the estimation of the majority of the appropriations committee of the parliament about the Icesave-bill which was distributed this evening, says that the moral issues have been very visible in the discussions of the committee. The aggressive question is laying on the entire Icesave dispute if men should pay the debts they have not participated in creating.

"The question will even be even more aggressive when it is clear that the entrepreneurs can, in the cover of the free economic system, pocket the profit of their operations but leave the debts with the public if things tur sour. Each risk is its own, says the publich which quotes the goor and common manners in the trades of their forefathers where the handshake had a meaning and the words were good," says in the committee report.

 

Pushed the final results on to the broad backs of the public

Then it says that the Icesave dispute is pulling up the colors that are hurting the eyes because of the bank collapse: the untamed capitalism which will then run on the loose with little supervision. "It unveils new and unusual trade habits which in the cover of the bank secrecy was never intended to reach the eyes of the public, the actual parties of responsibility who had very little ideas about that they were endorsements of the free economy. In this picture is also clear that he bank governors who accepted the super-wages and incomprehensible high purchase rights for carrying the great sociological responsibility, could in the end push the results of their actions on to the real broad backs that have always carried the society, the Icelandic public. This is the core of the Icesave dispute in Iceland: Men are not taking responsibility of their actions, or is it not exactly so when the banks themselves demand the public to be responsible - and what is the mercy of free trady? This is where the legislator has to pause," says in the report.

Danger of isolation

In the committee report is also a discussion of political opinions related to the Icesave case and amongst other refers to the opinions of the majority of the foreign matters committee where it says that it is important to solve the case because the danger is now that the international isolation of Iceland will stop much later if the contracts are not made.

The majority report

 


News Article by noname
Translated by Anya
Original Article in Icelandic

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