Iceland let their banks fail and jailed the CEOs that caused it. - TopicsExpress

Iceland let their banks fail and jailed the CEOs that caused it. The opposite of what the US did. I know congressional memory is short but our elected leaders bailed the banks out with our money and the CEOs gave themselves the largest bonuses in history for their great job. Iceland real unemployment is about to drop below 2% and they are about to raise the minimum wage again (nearly $17 an hour). The US unemployment is still above 10% and raising the minimum wage to a survivable income is being shot down. If you want to cut assistance then cut the billionaires pay to pay his workers a survivable wage but you cant have it both ways.

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