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Iceland sees red over RAF mission

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Iceland sees red over RAF mission

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Old 15th Nov 2008, 14:53
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I was on the planned deployment, however it now looks like I've got yet another stash of kit to store in my unfit-for-purpose MQ.

Step forward the Yanks?
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Old 15th Nov 2008, 15:07
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Step forward the Yanks?
Shouldn't that be 'Step backward the Yanks?'?

It's not all that long that they left.

STH
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Old 15th Nov 2008, 23:04
  #23 (permalink)  
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OK RN Merlin is pish


What does Merlin do

Merlin is there to make the RN look like they have a job, i know in Seeb they sit all day and do **** all. A waste of F******* space and arses. Yet they decide if a Nimrod can park within 20 metres of there ****ty helos yet they contribute **** all to the world. Navy you are hated nobody like you , go home you do nothing to help the World
 
Old 16th Nov 2008, 00:18
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There has been gross incompetence from the Icelandic authorities, combined with the greed and megalomania of the Icelandic banks. At the same time, there's been a lack of international regulations on these matters.

The UK authorities have been aware of the problem since early this year.

In case anyone cares, here's the average Icelander's side of the story:

1. In October, Mr. Darling misunderstands his Icelandic counterpart in a phone meeting. Thankfully the conversation was recorded and is now published.

2. Mr. Darling panics and uses UK terror legislation (!) to seize all assets + debts of Landsbanki Íslands in the UK, bringing the Icelandic banks, economy and society down.

3. The value of Landsbanki Ísland's assets (now Mr. Darling's) in the UK is (still) large enough to cover people's deposits. The assets are in the hands of Mr. Darling.

4. Due to Mr. Darling's actions, said values and debts are now his problem.

5. Mr. Darling blocks loans from IMF and EU to Iceland. Iceland has beeen a paying member of IMF for 60 years, and is refused help when needed for the first time. Even relatively friendly like Denmark and Sweden play along.

6. An European country is being left to bleed to death. Even former Nordic friends like Denmark and Sweden won't help.

And this is why the average Icelander doesn't want the RAF to "protect" Iceland in December.

If the police by mistake shot your husband on the porch, you wouldn't be really keen on having them patrolling your property, would you ?

Last edited by Gargleblaster; 16th Nov 2008 at 00:39.
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Old 16th Nov 2008, 09:13
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Thumbs up

HWRobinson, perhaps you'd like to donate it to JHC?
As for the det t-shirt, perhaps E-bay?
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Old 16th Nov 2008, 10:18
  #26 (permalink)  
 
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6. An European country is being left to bleed to death. Even former Nordic friends like Denmark and Sweden won't help.
Gargleblaster, if your icelandic you can maybe read this article, if not it's about the 8.4 billion NOK loan you guys are getting from the Norwegian National Reserve.

http:
//www.dagbladet.no/nyheter/2008/11/03/552586.html


Norway not helping my @rse.....you are getting more than 10 times the budget increase that the Norwegian MOD says is needed to get the armed forces somewhat back on it's feet. (They probably wont get it, after all we have left wing socialist among the government nowadays.)

The minister of finance says it's a loan.........any bets on the chance of ever getting the cash back????
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Old 16th Nov 2008, 10:32
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Gargleblaster stated ;

"In case anyone cares, here's the average Icelander's side of the story:

1. In October, Mr. Darling misunderstands his Icelandic counterpart in a phone meeting. Thankfully the conversation was recorded and is now published.

2. Mr. Darling panics and uses UK terror legislation (!) to seize all assets + debts of Landsbanki Íslands in the UK, bringing the Icelandic banks, economy and society down.

3. The value of Landsbanki Ísland's assets (now Mr. Darling's) in the UK is (still) large enough to cover people's deposits. The assets are in the hands of Mr. Darling.

4. Due to Mr. Darling's actions, said values and debts are now his problem.

5. Mr. Darling blocks loans from IMF and EU to Iceland. Iceland has beeen a paying member of IMF for 60 years, and is refused help when needed for the first time. Even relatively friendly like Denmark and Sweden play along.

6. An European country is being left to bleed to death. Even former Nordic friends like Denmark and Sweden won't help.

And this is why the average Icelander doesn't want the RAF to "protect" Iceland in December.

If the police by mistake shot your husband on the porch, you wouldn't be really keen on having them patrolling your property, would you ?"



I don't know if you really believe that or are just being contentious, a more accurate representation would be;

Re. 1 - No, Darling challenged the Icelandic PM who tried to con him that it didn't matter about returning the funds because the insurance would cover the legal requirements. When challenged the Icelandic PM had to acknowledge that the wasn't enough money in the insurance fund. There was no "misunderstanding", merely the Icelandic PM being caught out trying to con the money to Iceland.

Re. 2 - no "panic" - he merely stopped the Icelandic government taking money away to avoid their legal responsibilities. The use of anti-terrorism legislation is merely a smokescreen. And Iceland's/Icelandic banks and financial assets had already failed (and been nationalised).

Re. 3 - No. There are insudfficient funds despite the UK's actions (see note at end)

Re. 4 - No, why ? The banks were nationalised by the Icelandic government.

Re. 5 - er ...... Talks had been going on for a long time. What the problem is that the Icelandic banks have left devestation in many countries and their governments are not happy about giving loans to Iceland at knock-down prices to halp out a country that had almost gone "rogue" on the world's financial markets. (again see note below).

Re. 6 - And this merely demonstrates how much respect the Icelandic financial institutions have left around the world.

A bit of honesty (notably lacking in the Icelandic PM's attempt to con Darling in the phone call) would go a long way to repair Iceland's reputation.

NOTE :- A piece in yesterday's (Saturday's) online Financial Times showed that both the UK and Holland (who did the same thing, but as they didn't use anti-terrorism laws to stop the transfer the Icelandic government hasn't been able to put up a similar smokescreen to cover its embarressment) are trying to arrange loans to cover the Icelandic Banks/Government commitments to their countries. This means that the UK (and Dutch) account holders get THE LEGAL MIMIMUM from UK (and Dutch) government monies which, eventually, the Icelandic government will repay. The UK still has to make up the rest of the monies to cover Iceland's disasterous foray into international finance.

Anyone (be they Icelandic or not) who thinks that Iceland (or their banks) have been hard done by has no sense of financial probity or honour.

.
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Old 16th Nov 2008, 10:43
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The sad thing is, even if the above poster has the true version of events, many of the long suffering Uk population simply don't believe anything that comes from NuLabour. A case of the boy crying wolf perhaps?
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Old 16th Nov 2008, 11:25
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KeepItTidy,

OK RN Merlin is pish


What does Merlin do

Merlin is there to make the RN look like they have a job, i know in Seeb they sit all day and do **** all. A waste of F******* space and arses. Yet they decide if a Nimrod can park within 20 metres of there ****ty helos yet they contribute **** all to the world. Navy you are hated nobody like you , go home you do nothing to help the World
Your description of the RN Maritime Patrol Helicopter detachment’s contribution to Airpower in the region is, without doubt, very near the truth; but it is a little off topic, unless you had one too many Savannas in the Drunken Duck and woke up thinking you were in the NATO block at Kef.
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Old 16th Nov 2008, 11:36
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What is also being missed is the thousands of depositors (mainly British) being left out of ANY compensation because they banked offshore. And before anyone starts rabbiting on about tax evasion etc etc do your homework. Even idiot Darling hasn't a clue of the status of island banking and HE caused this situation.

Public enquiry NOW!

We won't get it though. Hopefully in time we will see just what a HUGE cover up this has been by HMG and all the city boys. Yes and Iceland is part of it but it is not purely an Icelandic problem. This is the result of years of vastly over-inflated house prices all over the world. Money being lent but not produced. Who was earning it? Nobody!
I've been saying it for years. What I got wrong was the timing and the scale of the disaster.
happyjack is offline  
Old 16th Nov 2008, 12:28
  #31 (permalink)  
 
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Why the hell should we be sending RAF aircraft and personnel to defend Kerry Katona? ...............................oh, wait I minute

Stew
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Old 16th Nov 2008, 20:31
  #32 (permalink)  
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Defend Iceland? Ha, easy! Strap a load of missiles under the Trooper and Capn Bruce could do it with one arm behind his back!
 
Old 17th Nov 2008, 10:24
  #33 (permalink)  
 
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More importantly, the financial viability of West Ham United is under threat here. Forget the Russians hyping up the cold war, we can't buy players with smoked fish! Give us back our cash you Bjorkers, or we won't send the RAF.
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Old 17th Nov 2008, 14:41
  #34 (permalink)  
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Now that Uncle Bruce is not going there any more, you'll have to rely on me as the only ex Mil pilot currently deployed there. CV reads:

Lots of intercepts on big bad turbo-proppy things
Dab hand at SNEB
(Cwap at strafe)
Flies a mean scissors in the 737 and my yo-yo's..................................

I'll watch it for you - rest easy in your bunks.
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Old 25th Nov 2008, 20:49
  #35 (permalink)  
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Deployment Cancellation Confirmed

The details emerge:-
UK cancels Typhoon's Icelandic air policing duty

In Flight International:-
An ongoing political spat between the British and Icelandic governments has put paid to the planned first overseas deployment of the Royal Air Force's Eurofighter Typhoon for NATO.

"The deployment of four Typhoons was scheduled to take place in December. Following discussions within NATO, the deployment will not now take place," minister for international defence and security Baroness Taylor said on 24 November.
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Old 26th Nov 2008, 10:01
  #36 (permalink)  
 
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The legislation invoked to freeze Icelandic assets wasn't actually related to terrorism. The particular legislation relates to terrorism and international finance, it is actually called the Anti-Terrorism, Crime and Security Act and it was a part of the securities act relating to international financing that was invoke.
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Old 26th Nov 2008, 11:32
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The prawn farmers can pay for their own air defence.

Oh, they can't.
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Old 27th Nov 2008, 02:23
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PURPLE PITOT eh..... Handbags at dawn...
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Old 10th Jan 2009, 02:21
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From Icelandic point of view I say the British government wasn't very helpful in solving the situation. When the terrorist laws were invoked just one bank had been taken over by the Icelandic government but the terrorists law saw to that the biggest bank and the biggest company in Iceland went down-under. The amounts we are talking about here are huge for a country with population of 314.000 but rather small compared to when Northern Rock went under.

I would say that this act by Gordon Brown and Darling was not neccessery. Of course something had to been done to protect the interest of common people, both in Iceland and other countries were the banks had branches. But one Nato country should not use this kind of legislation to another Nato member. In fact it could be interpreted as an economic attack and would therefore trigger article five of the Nato convention.

Don't forget that the people that are worst off are living in Iceland. Older people that had there savings in trust funds lost lots of it.

I was very glad when it was "mutually" decided that the raf wouldn't come over to "protect" us. Who needs them anyway, we won the royal navy in the Cod Wars and we can do very well without the friendship of the british government. Most brits are just fine lads and gals but it's the same with the politicians everywhere, they are all wankers.
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Old 10th Jan 2009, 05:57
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Aah yes, the cod wars. Revenge is a dish best served cold.........

Last edited by Shannon volmet; 10th Jan 2009 at 06:46.
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