So apparently since the only industry Iceland had was commercial fishing and ice cube sales, they decided some time ago to go into banking.

The worldwide banking meltdown is effecting the reaches of Iceland too, and all 3 of their banks went bankrupt.

Evidently the UK does a lot of banking with iceland and now theyre pist because they lost their money. Life sucks dickheads, thats laisse faire capitalism, but now the UK is getting back at iceland the only way they can... by calling them a terrorist state to freeze icelands UK bank accounts.

This shit is ridiculous, just another example of how the term 'terrorist' is thrown around to get what you want by bullying people. Fucking whiny faggots. Fuck Gordumb Brown.

alright...where the hell is your source??

It's true that the UK did use powers granted by anti terror laws to freeze the assets of Icelandic banks, however I'm not aware of them naming Iceland as a terrorist state.

What a Joke!

I wonder if the United Kingdom will Balls Up and invade them...

The story maybe...

Iceland has been secretly making and distributing Nuclear, Chemical and Biological Agents to the Islamic Republic of Iran.

So there for we as Nations must...

Stop Iceland from Suppourter an International Terror Movement.

Take the current Icelandic Regeime out of power.

Before...
A terrorist event can take place.

That will...

Kill Millions of American and European civillans.
And spread an Evil message among our "free societies".

Oh noes....

I just wrote the script!:D

thats laisse faire capitalism,

Not exactly.

They issued a freezing order against an Icelandic bank under the Anti-Terrorism, Crime and Security Act.

They did not call them terrorists, you utter tool.

They issued a freezing order against an Icelandic bank under the Anti-Terrorism, Crime and Security Act.

They did not call them terrorists, you utter tool.

Thank you, I'm so sick of hearing idiots repeat this lie ad-nauseum.
It was from the Crime section of the Anti-Terrorism, Crime and Security Act of 2001:

http://www.opsi.gov.uk/Acts/acts2001/ukpga_20010024_en_2#pt2-pb1-l1g4

how the fuck can they do that? what a bunch of fucking pricks! so iceland is pretty much bent over ready to take it up the ass from the UK? whats gonna happen to their economy?