Wednesday, September 2, 2009

No debts on October 1. in Iceland ?

Ólafur Kristjánsson board member of Homes interest group accuses the finance minister of threatening people in financial difficulty.

Steingrimur J. Sigfusson ,Icelands Finance Minister,says its a serious matter and irresponsible to encourage people to not pay their debts sí loans for twoo weeks.

Next october 1st the Home Interest group is going to incurage people to stop paying their loans for two weeks.
That is to put pressure on the goverment and banks, to take action, and help the public.
Assets have decreased in value and loans increased.
Even though people can pay their loans, many see that they can never own their house or car, due to the loans increase.
The goverment is helping companys and big shareholders ,who got big loans ( bullet loans ) before the Banking crisis,but after the banking crisis, did not have to pay their loans.
To connected,the political parties and Bank Managers.

People do not see why they should pay ,when the goverment ,wich promised last spring to help families, has forgotten its promise to the public.

The President of Iceland ,signed today ,the Icesave agreement ,that the Icelandic parliement agreed to last friday.
Icelandic bloggers are not happy with that ,and on Icelandic blog pages,people have been telling what they think of that.

Photo: Mr. Ólafur Ragnar Grímsson ,the President of ICeland


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