Archive for the ‘Politics’ Category
Media And Democracy In Italy – What Freedom? And Whose Freedom?
PANEL DISCUSSION IN OXFORD, 21 OCTOBER 5PM
MEDIA AND DEMOCRACY IN ITALY – WHAT FREEDOM? and WHOSE FREEDOM?
Berlusconi and the case of La Repubblica’s ten questions
Taylorian Institute, Room 2
Wednesday 21st October – 5 pm
A panel discussion organised by
Italian Studies at Oxford and the Axess Programme on Journalism and Democracy
In collaboration with the Oxford Italian Society
Chair: John Lloyd
Director of the Axess Programme, Contributing Editor of the Financial
Times and Director of the Reuters Institute for the Study of Journalism
Enrico Franceschini
London Correspondent and London Bureau Chief, La Repubblica
Dr. Daniele Albertazzi
Senior Lecturer in European Media, University of Birmingham
Maurizio Morabito
Press Secretary, Freedom Party (PdL), London Circle
Prof. Andrea Biondi
Secretary, Democratic Party (PD) London Circle
for more information, please contact: italianstudies@area.ox.ac.uk
Newsweek Explains Berlusconi
Eye-opening article by William Ward in Newsweek (of all places!) explaining the “miracle” called Silvio Berlusconi:
[...] As strange as this preference seems to outsiders, there are several very Italian reasons for Berlusconi’s ongoing hold on politics at home [...]
Italian voters have, in three general elections, chosen the devil they know over his dull and plodding opponents on the left. It’s not just for his showmanship; Italians also appreciate his hard work as a retail politician and electoral strategist [...]
he attempts to muzzle his opponents and highlight his achievements through the media [...] But in this he is merely following a well-trodden Italian tradition [...]
his frequent complaints that Italy’s magistrates (a highly politicized and overwhelmingly leftist bunch) have it in for him are not entirely unreasonable [...]
Michael Moore’s Love Story…With Capitalism
Who could have thought…
from Forbes:
The bars were sponsored by liquor companies, the kitchen by Lufthansa. One room had marble walls, another, cashmere. Hundreds of guests plucked hors d’oeuvres from Plexiglas trays, but when I reached for a passing tray of pigs in blankets, the waitress tried to stop me. “These are for Michael,” she said.
That would be Michael Moore, filmmaker, who was enthroned nearby on a crowded sofa nibbling from a skewer, which did seem less in harmony with his everyman sneakers and populist persona than a sausage wrapped in fried bread. The Monday night party in Manhattan, which spread over two luxurious penthouse suites, was sponsored by Esquire and tricked out with the magazine’s advertisers’ products. The guests were there to celebrate Moore’s latest movie [Capitalism, A Love Story], which had just had its New York premier uptown.
Five Recommendations For American Presidents
From Robert B Reich’s review of “The Heart of Power – Health and Politics in the Oval Office“ By David Blumenthal and James A. Morone:
- a new president must move quickly, before opponents have time to stoke public fears
- a president must set broad health reform goals and allow legislators to fill in the details, but be ready to knock heads together to forge a consensus
- “The only way to deal with Congress is continuously, incessantly and without interruption” (L. Johnson)
- disregard or overrule [the] economic advisers
- there is an art to losing, too — in a way that can tee up the issue for future presidents
The Secret Of Berlusconi’s Success
“The Secret Of Berlusconi’s Success“
Silvio Berlusconi’s opponents cannot admit that his success may be due not to sinister trickery, but to his greater popularity – an article by Filippo Facci available on The Guardian’s website.
Isaiah: 11, 6
Ban Ki-Moon Has Lost The Plot
What the &^%$ did UN Secretary-General Ban Ki-Moon think he would be doing, by going to Burma only to come back absolutely empty-handed?
The risks were fully known, but Ban Ki-Moon vowed the “right things” and then dedicated a speech in Yangon with the “right words” inside but…is it really the business of the UN Secretary-General to fly around the world begging to visit local dissidents, and then to lament his “disappointment” when not allowed to?
There’s plenty of low-ranking UN diplomats that perfectly able to do just that.
The bloody Burmese junta has made the usual electoral promise (this time for 2010…yeah, right!).
It could all have been so simple:
- Ban Ki-Moon lands in Yangon
- Ban Ki-Moon asks to see Aung San Suu-Kyi
- Ban Ki-Moon is refused to see Aung San Suu-Kyi
- Ban Ki-Moon flies away (immediately that is)
One would think even the current UN Secretary-General could devise such a complex plan, couldn’t he?
Perhaps in the post-Cold War world there is something fundamentally wrong in the way UN Secretary-General are chosen.
On The Rise Of Far-Right Parties In Europe
Recently I have been a panelist on TV talk-show “Forum”, presented by Andrew Gilligan on PressTV. I have been invited as London Media Officer for Silvio Berlusconi’s party, “The People of Freedom”.
One of the other panelists was Mary Honeyball MEP (Lab). The below is my reply to her blog “The Lure of the Bright Lights“:
One of the points made during the programme is that the far-rightists take advantage of the divisions among mainstream political parties. I am afraid you are perpetuating those divisions. I can assure you that Silvio Berlusconi’s party, “The People of Freedom” (”Popolo della Liberta’”) is on your “same side regarding the far right”.
In fact, there is no Party in the Italian governing coalition that could be described as belonging to the “far right” by any stretch of the imagination.
We, just like the European People’s Party as a whole, have the fight against all forms of fascism of old and new as one of our foundation stones. And let me be proud of the fact that throughout all recent elections all Italian far-rightists have been losing voters to the point of effectively disappearing from the political spectrum.
Why are things looking different in the UK? This is not something one can answer in a blog’s comment area. Because it takes time to analyse, then to understand what is peculiar about British politics and society. Such a strong and long-standing Parliamentary Democracy as yours, truly the envy of the world, still manages to inspire the rise of absolutely nasty and repugnant parties like the BNP. Why?
Likewise, Europe is a big place, and there is no chance to fight back at the ugly racist and neo-nazi ideas being banded around without having a good look at the peculiarities of each country’s political system and society.
I therefore urge you and everybody else interested in European politics to make the effort to understand the particular circumstances that regard each country. I know it is a huge effort, there’s now 27 of them.
But the last thing we should be doing is mindlessly sticking labels around. By making sweeping statements, sometimes based on what is summarily reported in the media by distracted journalists perhaps with a particular précis to follow, the risk is to create artificial divisions among what is an overwhelmingly anti-fascist electorate, effectively presenting tens of millions with the choice between feeling disenfranchised, and voting for the racists.
ps personally, I do not think there is anything to discuss with the BNP’s representatives. I am sure you will agree that it is impossible to change the mind of a Holocaust denialist on any subject. If I were a British politician, what I would be more interested into would be to share a platform with BNP voters. It is them, the ones we should all be working to welcome back to our world.
Italy Explained: Berlusconi, The Northern League And A Working Class That Votes Centre-right
The extraordinarily lucid analysis below is my translation of an article published by “Notizie Radicali”, the online newletter of the Italian Radicals, a political party currently associated to the centre-left Democratic Party.
The original publication date was 4 May 2009. Little has changed since then, despite all the Berlusconi sex scandals. The results of local and European elections in June 2009 have seen a further erosion on the centre-left of the Italian political spectrum.
Probably, the best thing the Democratic Party could do at the moment would be to dissolve itself and give somebody, anybody the chance to start anew.
(the text between square brackets is all mine)
When the Working Class Votes Centre-Right
by Valter VecellioThe People of Freedom (PDL) at more than 50 percent. The Democratic Party (PD) at around 26 percent. The data from the Ipsos-”Sole 24 Ore” opinion poll is not news in itself, rather a further confirmation of what was already common knowledge.
Among professionals and the self-employed the coalition led by Silvio Berlusconi reaches a “People’s Republic”’s majority, around the 70 per cent. But the actual “bleeding wound” for the PD concerns that section of the electorate traditionally linked to left, the workers. Among them, consensus for the governing coalition of Northern League (Lega Nord) and PDL exceeds 43 per cent. The PD appears stuck at much more modest 22.4 percent.
The Democratic Party certainly is paying for the competition with Antonio di Pietro’s Italy of Values (IdV). The IdV has been widening its base by leveraging on demagoguery and low-level “qualunquismo” [the mindset of being unable to tell one established party from another].
PD is also paying for competition from its left, from parties such as Communist Refoundation, the Italian Communists [several of them], the Greens, the Socialists. Although those will be unable to cross the 4 percent threshold for being represented at the European Parliament, they will all be eroding valuable points of consensus and percentage from the PD.
Nevertheless, the fact that Berlusconi has managed to wrestle consensus from the centre-left is beyond dispute. A trend in this direction was already clear after the general elections of April 2008. In fact, surprising and inconvenient truths can be found in a very useful report, “Winners and losers in the elections of 2008” published by “Itanes” (Italian Election Studies), a research group started in the early 90s by the Cattaneo Institute in Bologna and guided by a “student” of Giovanni Sartori, Professor Giacomo Sani.
Those are surprising and inconvenient truths, of course, for the losers, not for the winners. According to the report, the PD has paid a combined effect: on the one hand the phenomenon scholars call “selective abstention”, affecting PD voters much more than PDL ones. On the other hand, there has been a real-and-present migration of support.
To put it simply: for every three PD voters of the past, one decided not to vote in the general elections of 2008, and one voted for the opposing coalition.
“The centre-left as a whole“, we read, “suffers from the flows of mobilization and demobilization a loss of around 4 per cent of the electorate .. . whilst the PD sees the disappearance of the votes of around 10 percent of those who had chosen the Olive Tree coalition in 2006, in favour of parties of the centre-right.”
The end result is that nowadays, the traditional centre-left electoral base has more overall confidence in the governing by Berlusconi than in the opposition by the PD. But we can go beyond that, by reading a well-researched book “Padanian Breed” by Adalberto Signore and Alessandro Trocino.
It is a book that chronicles twenty-five years of Umberto Bossi’s Lega Nord, and it is not lacking in surprises: despite some “folksy” and “noisy” [i.e. bordering on the loony] public statements by Lega Nord leaders, the authors tell of a a political party made up of activists running local public Offices to the voters’ appreciation, regardless of the social group to which the voters belong.
In Lombardy or Piedmont, it is nowadays no longer considered odd to find members of the communist-leaning workers’ trade union CGIL also belonging to Lega Nord and/or having no qualms to vote for centre-right candidates.
At present, what is new is that how the above phenomenon has become consolidated and disseminated. An entire section of the Italian society doesn’t vote to the left any longer, tired of in-fighting, demagoguery, and inconclusive statements of intent. It is a situation exposed to little or no avail by those in the PD nearer to the electorate, for example the Mayors of Turin Sergio Chiamparino, and of Venice Massimo Cacciari.
Like the mythical Cassandra, nobody listens to them speaking the truth: instead Veltroni, assisted by a strategist of no strategy called Goffredo Bettini, collected a string of ever bitterer defeats, before resigning. Now we have Dario Franceschini seeking to unite the pieces of a vase broken in a thousand pieces. The outcome of all those efforts is reflected in the results of the Ipsos-”Sole 24 Ore” survey: bitter results, for the PD, but also a confirmation of a situation whose cause is to be found in the PD itself.
As things stand, the PD can only wait for its final decay. Its leaders have done their utmost to reach that goal, and now they are reaping what they have sown.
The United States Of Larger-Than-Life Media Savviness
The Greatest
The Great Communicator
The Greatest Communicator
Oops!
Iran’s Elections: Looking Through The Fogs Of Propaganda
Has President Ahmadinejad truly and fairly been re-elected? Will the violence in Tehran continue in the next days?
Unfortunately, there is no way to know. In-between the average Western-based person and Truth there are the Iranian Electoral Commission, the Iranian Interior Ministry, the Iranian Government, Iranian newsmedia and Propaganda, Western newsmedia and Propaganda, and Western Governments.
Chances are, whatever we read and see, including live TV and apparently evident pictures, will be manipulated to the extreme.
Let’s try to list instead whatever we can be sure about. First of all: there is too much of Iranian democracy at stake for the election to end up been seen in Iran itself as a “charade”. After a TV debate and photographs of the Supreme Leader of Iran, Grand Ayatollah Sayyid Seyyed Ali Hosseini Khamenei coming out of a mosque after having casted his vote like any other citizen, nobody can expect anything but a victory recognized by the vast majority of Iran to be enough for the Iranian society itself.
Cynically, one could say that either you have a democracy, or you do not. Any “hardliner” really in the business of blatantly manipulating the election, would have made a mockery of Ahmadinejad’s campaign and Khamenei’s voting effort.
If they have some kind of dictatorship in mind they better go for it, or face the consequences. For Khamenei, and even more for Ahmadinejad, it’s like facing the choice between getting rid of democracy as such, or look like buffoons
==========
In fact, if things stand as they appear at this very moment, with a contested re-election for President Ahmadinejad, clashes in the streets, and arrests of members of the opposition, the long-term loser will be Ahmadinejad himself, no longer able to interact with the outside world as a legitimate leader of Iran. A new attempt at a Columbia University debate would be met with derision if not much worse.
Another obvious point concerns foreign interference. So far the barrage of news from Iran have been answered with anodyne comments from the Obama Administration and that is the way it should be.
Like in the Ukraine, if a sizable number of Iranians truly believe the elections have been stolen, it can only be up to them to claim their Nation back. For example if Ahmadinejad’s rival Mir Hossein Mousavi finds himself unprepared in the fact of the current situation, well, it’s better if he stays away from any position of power.
It’s just impossible from anybody to understand all the details from the outside.
==========
Nobody has died so far. That can only be a good thing.
Berlusconi and the Financial Times – Clueless Influence of Context-challenged Reporters
(this letter has been censored by the Financial Times)
– in reply to “Baleful influence of Burlesque cronies”, FT, May 27
Sirs
As activists in the Italian “Freedom People” (“Popolo della Liberta’”) party’s supporters group in London, we would like to express our sincere thanks for having graced Your esteemed newspaper with a brand-new Editorial about our Party’s President and Prime Minister of Italy, Silvio Berlusconi (“Baleful influence of Burlesque cronies”, May 27).
In fact, one doesn’t have to evoke the ghosts of powerful Cardinals in Paris at the time of the Bourbons, to understand that there is no such a thing as bad publicity. Who knows what people would do to be the object of Your attention, and there we have Mr Berlusconi getting it for free…surprisingly (or not) at a time when the UK political class has been shown to be far from perfect as a result of the MP’s expenses scandal!
Your very choice of words (“very wealthy, very powerful and increasingly ruthless man”) sounds like a deep-seated admiration of Mr Berlusconi. Surely there is nobody left nowadays thinking that “ruthless” would be a derogatory term for a politician?
And we fully agree with You in saying the Mr Berlusconi is no harbinger of fascism (yes we are pleased to see that You feel the need to repeat that same concept again and again!).
But please let us dare a little criticism of Yours. What influence, malign or otherwise, has prevented You from explaining in a little less than 500 words what exactly Mr Berlusconi’s “malign example” would be? Or is your worry about the “media sapping the serious content of politics, and replacing it with entertainment” stemming from first-hand experience with Tony Blair’s “Cool Britannia”, and with many years of journalistic manipulation in Britain by the now-forgotten Alistair Campbell?
And perchance next time You will find some time to mention some other facts that Your readers need to be told in order to be able to understand the Italian political zeitgeist. Mr Berlusconi has been under investigation almost uninterruptedly for 15 years. Such investigations curiously began exactly at the time he entered politics, yet the exact accusations against him have been constantly changing. And all along Mr Berlusconi’s opponents have been transfixed by his personality, to the point of making their hatred and personal attacks their very raison d’être…so much so that the Italian opposition is nowadays hitting evermore far below the political belt, with innuendos about Mr Berlusconi’s sex life, age, mental health, personal probity and even his ability as a father.
It seems like the only things Mr Berlusconi has not been accused of are the beating up of old ladies in the street and the torturing of house pets. Perhaps Your Rome correspondents would like to be the first ones going down that route?
Or perhaps they, and You, will decide that the time has come to begin reporting about Italian politics in a thoughtful, comprehensive, non-partisan manner that goes beyond caricatures and prejudices? We are confident you know what we mean – because it would be like going back to the be part of the best the news media has to offer, exactly as you suggest, dealing the “serious content of politics”, rather than engaging in entertainment.
Maurizio Morabito(*) and Ilaria Filippi(**)
“Freedom People” (“Popolo della Liberta’”) Party’s Supporters Group in London
Reacting To Ahmadinejad’s Speech
I do not understand the uproar against the words used by President Ahmadinejad at the UN Racism Conference in Switzerland. And what I specifically do not understand is why people feel compelled to add to the uproar, when it is as clear as daylight that he went to Geneva with the one and only goal of… causing an uproar, in order to go back home as a national hero right in the middle of his re-election campaign.
The most appropriate reaction to President Ahmadinejad’s outrageous remarks is therefore not a theatrical walkout in front of the TV cameras, nor a flurry of comparisons to Nazi Germany or calls for the “free world” to “wake up”.
We just have to call President Ahmadinejad’s behavior for what it is: electoral posturing, if not outright buffoonery. And far from an episode for the annals of Persian pride, just another of his “pickaxe blows” against the good international standing of the great people of Iran.
(Almost) Little To Worry About North Korea
In a new twist of the “politics of the tantrum”, North Korea has shown the door, threatened to show the door or told the world it is thinking about showing the door to the UN Atomic Energy inspectors (profoundly sad, no doubt, for being sent back where possessing a shortwaver radio is not a criminal offence). Pyongyang’s reaction to the UN Security Council latest feeble condemnation is so sudden and over the top, there is little to read into it politically (apart perhaps as yet episode in the Kim-succession saga).
One has to remember that North Korea has built and detonated an atom bomb a few years ago, but alas the boom was not big enough to make it a serious weapon. Now they have launched a satellite towards orbit, but alas the rocket was not strong enough to make it a serious weapon either (“going to orbit” is not militarily important as much as being able to reach the necessary speed. And the North Korean missile did not go fast enough).
At best there will be more puffing, more huffing, and the negotiations will start again. If the current dictator dies, there will be plenty of turmoil and maybe even the chance for Reunification.
Trouble is, at worst the North Koreans will explode an atom bomb in the atmosphere. Even if only unwittingly. And that is plenty to worry about.
What To Do With Abusive Partners?
Target practice? Practical lessons for aspiring torturers? Food and fun for killer ants?
The video was produced by DoSomething.org.
Immigrants as Guests? Not Really…
Since when do people ask their guests to pay taxes, to pay for the accommodation, and to find and keep a job? And since when have guests stopped being almost sacred?
Evidently, immigrants the world over experience something completely different from being “guests”. And so they are not.
Pragmatically Nuclear Iran
Roger Cohen (note the family name!) writes on the NYT/IHT:
Pragmatism is also one way of looking at Iran’s nuclear program. A state facing a nuclear-armed Israel and Pakistan, American invasions in neighboring Iraq and Afghanistan, and noting that North Korea was not hit, might reasonably conclude that preserving the revolution requires nuclear resolve
Why would that be such a difficult thing to understand?
Iceland: The Financial Collapse As A Political And Moral Scandal
Translated from “Darf ich Ihnen das Einwohnerverzeichnis anbieten?“, Sueddeutsche Zeitung, 17 Feb 2009
(original German translation by Gudrun M. H. Klöse)
Waiter! The Icelandic Phonebook, please!
Why Iceland’s financial collapse is a political and moral scandal / by Einar Mar GudmundssonOnce upon a time there was a cannibal flying first class. Given an extensive menu, he politely thanked the stewardess, then handed it back and said: “I cannot find anything good for a snack. Would you be so kind and bring me the passenger list, please?”
I don’t want to equate the richest Icelanders, who together with the Government have left us out in the cold, with man-eaters, at least not in the literal sense: but after becoming incredibly wealthy, it looks like they went back to the Government and the Supervisory authorities and said: there is nothing crispy enough for us to gobble any longer. Would you be please as friendly as to provide us with the list of all Icelandic children?
And I am not saying that anybody should be compared to Kim Jong Il and Kim Il Sung, but the Government and their Regulatory Authorities look like they have replied to the country’s Monetary Aristocracy: “Yes, please, here’s the list of all Icelanders. Can we do anything else for you?”
This is nothing short of treason, and therefore we require and pretend, we, who only can claim to have children and grandchildren, the freezing of everything of value that has been used to enrich people at our own expenses. And those people must be made accountable for their actions. Since the justification for their high salaries was the fact that they were working against targets, then we should now take them at their words, and identify their responsibilities. Instead their loss has been nationalized, and the whole System invited to investigate itself.
Under these circumstances, even Franz Kafka would appear like a dry realist. True, it can be claimed that the Government is now gone, and the leadership of the Financial Control Council has been replaced: still, the old system still leads a good life. Corruption in the finance world extends up to the new government of Geir Haarde, while Iceland sits on a debt of thousands of billions of Krones. And it is us the ones that have to pay those debts, together with our children and grandchildren, now fully dependent on the good graces of the IMF and other lenders.
And in these “Tohu va bohu” times, void and without form like the world at the beginning of Creation, one should ask oneself if perhaps Karl Marx had it right all along. A friend of mine, who’s got all the volumes of the “Capital” and has even read them, told me that a condition like the one we are going through is described in the third volume. Few have read this book, and I haven’t, because there is so much mathematics in the second one.
My friend says that Marx deals in the third volume with “fictitious capital”: that means capital not with actual property behind profit, but rather with worthless pieces of paper that change hands, worthless in the sense of unreal.
That’s the box of tricks played with by the Icelandic Neokapitalists, stylishly and zippily wearing the nickname of Export Vikings. They were shining as demigods devoting themselves to noble tasks, and their wives to the plight of children in Africa, all of that, in newspapers which they owned anyway. Men bought themselves a place into companies, won the majority stakes therein, founded new companies, propped up one another and then pocketed the values of the old companies, that is, what was owned by the shareholders. That’s how the box of tricks worked, and many healthy, profitable companies have been lost along the way. Then those men went back to appear on their newspapers, with their own Alpine ski slope, luxury homes in Manhattan and yachts in Florida.
You may have noticed that I used the expression “box of tricks”. That’s not completely true. Actually, everything went according to the rules of the free market. No laws and no regulations prevented the actions of the financial Barons. The Government slumbered on, shrugged the issues away and cheered up the Money Lords, to the point that Ministers would feel more or less offended when not invited to the parties where the glitz and glamor of Hollywood rubbed shoulders with Iceland.
The basis of this system was the coalition between the Independent Party and the Progress Party, as if in a “Fishing Quotas” system, but with the right to trade and make money about fish that had yet not been caught. Soon under the coalition, the banks were privatized, without rules and without any control for the new management. The leaders of those parties, David Oddsson and Halldãr Ásgrímsson, had twelve years of experience at the Government bank. They were so keen with the privatization of banks, they generously threw in summer homes and art collections with the privatization. Anybody and everybody who criticized the new system was summarily classified as jealous, dumb or outdated.
The business sector assumed power in the country. It was based on the so-called Economic Council. Either had legislators in their bag, or these took a long nap throughout their mandate. In one declarition by the Council it is stated ‘Arguments against public regulation and control of the financial market are more convincing than arguments in favor of such meddling. It would be sensible to encourage market partners to define their own rules and abide by those”.
And about the success of their maneuvering: “An investigation by the Economic Council revealed that the Parliament in 90 percent of cases followed the recommendations of the Council itself.”
The Economic Council had de-facto got in charge, without anyone noticing.The American expert on the financial crisis, Robert Aliber, repeatedly warned that the Icelandic Government and the Central Bank were even less capable than astrologers to steer our modern economy. They did not understand that the economic growth was built upon a pumping system, – loans were taken in order to pay off other loans – and now they do not know how to re-establish a balance, after the paper wealth has disappeared. Aliber added that it would have been unlikely that different leaders, perhaps arbitrarily selected out of the Phonebook, would have been able to create an economic Desaster as extensive as our Government did.
Iceland’s debt in per-capita terms is higher than the crippling reparations imposed upon Germany after WWI. In Icelandic Kronen, it is expected to be as much as the debt in the Italian budget. But Iceland has approximately 310 000 inhabitants, Italy 60 million.
But the Directors of the new private Banks regarded their activity as such good as a performance that they could cash in every month an equivalent sum to the Nobel Prize. Confronted to the large generosity they reserved to themselves, they angrily threatened to go abroad. We could have done well to them to wish them a good trip, like in the saga of Grettir the Strong, and to beg them just never to come back. But they claimed that abroad there was a strong demand for them, and they lied much about responsibility.
And this is now the gist of the matter, now, after the collapse: Why those that were claiming so much responsibility before, now take no responsibility? If somebody talks about the responsibility of the New Rich, it is only in juridical terms, as if something unlawful may ever be found; and as if the Nation should now be forced in rummaging through codes and contracts, in order to get reparation for the damage. This ignores the fact that responsibility lies also in social, economic, political and ethical terms.
Whilst all the wonderful prescriptions to say “sorry” come out of the crater that all that it’s left of the Banks, the New Rich say: there is nothing unnatural or unlawful in what has happened. How could it be otherwise, given the fact that the Market Economy had full control of the Parliament? Example: the Bank “Kaupthing” lent a British pubs chain around 107 billion Icelandic Krona just before collapsing – a sum approximately as high as the sum of the value of all Icelandic mortages in foreign currencies.
Let’s consider what has happened in the light of the Hávamál in the Edda, what can be considered as most ethically representative of our heritage. The question then becomes: Had anybody been able to domesticate Humans, using money to transform people into apes? That would have been the task for politicians, but it seems that of late they were tamed by the apes. How could that happen?
If the government were like our parents, the Children Protection Agency would have already intervened. Therefore it is just logical that the Government had to resign. Now there is a kind of interregnum until elections at the end of April.
Everything now depends on the active participation of the Icelanders and on their fighting spirit. The danger is that the discouse will still be nominated by the well-lubricated election machinery of the government parties, those that during our so-called pot-lid revolution have look like pitiful figures. The struggle that lies ahead is therefore also a struggle for establishing the right language. And for credibility. Currently the Elites pity themselves, angry with their executives, and the former Minister and current Head of the Central Bank David Oddsson is refusing to go, even if invited to do so by the Government. If only all the people currently unemployed would have proceeded according to Oddsson’s model, they would have simply said, upon receiving the contract termination notice, that they felt insulted and would continue to work no matter what.
Compassion, cohesion – during the booming years those were almost ridiculous notions. Competittion was seen as the natural way forward. Everybody ruminated about that. Commentators spoke under a spell, and the Market became part of television news as indispensable as the weather. Nobody dared to ask what the FTSE and Nasdaq exactly were, in order not to look a smaller player.
But if welfare programs were small during the times of prosperity, how will they become during the period of crisis that is now starting? Not everybody was rich during the fat years. We saw pensioners endure living in tiny rooms, and others become homeless. The lower wages were absurdly so, and medium-level employees had to use all their salaries to keep paying their debts and sustaining their families. It is obvious that it is not people with low wages that have benefited from the “recovery money”.
An American financier said once that the best moment to start buying things up, is during the time of riots, when blood flows through the streets. Is that what our Government is waiting to react? Signs of the beginning of that already exist. Indebted firms find themselves debt-free and back in the hands of their former owners. That goes on particularly smoothly. The same people occupuy the same positions, while each one of us has to contend with being in the red for 10 or perhaps 20 million Kronas. And like everything else, even the exact amount of our debts is a matter of contention, as they should be cumulated with household mortgages, money lost with the devaluation of the Krona, private bankruptcies and unemployment.
Perhaps Iceland is a kind of experiment for what will happen to the whole world. In any case, an at least excessive result of the situation, of the crisis, as much as it can be recognized, is that the debt obligations of the Icelandic banks are twelve times the gross national product. Someone told me that this mirrors the situation worldwide. But it is still premature to state what the crisis actually means and how it will evolve. Before the loss, nobody was right in evaluating their possessions. And now it is difficult to predict whether the “fat servant” will manage to rise, now, in the place where he was made to become a thrashed-up slave..
Einar Mar Gudmundsson is a writer living in Reykjavik.


