Olafur Ragnar Grimsson, Iceland's president, 'Let banks go bankrupt'




As Iceland's President, Olafur does speak for Iceland, though he has little formal power.  Most power resides with the Prime Minister.  Iceland's current unemployment rate is 4.8%.  Eat your heart out almost everyone else.  Australia is 5.4%.  Canada is 7.1% and America's rate is too fudged to be worth mentioning. Obama's statistics are about as believable as Stalin's.  You will get no honesty from the Left unless it suits them.


Posted by John J. Ray (M.A.; Ph.D.).