Iceland Says No ... The island nation may serve as an example for those who want capitalists to operate at their own risk. In a national referendum Saturday, Icelanders, for the second time, voted against a government proposal to pay the big losses of some of their bankers and their foreign customers, with 60% voting "No" and 40% in favor. For those of us who welcome capitalists, but want them to operate at their own risk, this hopefully sets an example for the rest of Europe. – Wall Street Journal
Dominant Social Theme: The Icelanders are at it
again, irresponsible and unwilling to take up their burden. The wrath of
the modern world shall surely be visited upon them.