Chairman of Global Economics David Hale suggested in an article in the Financial Times today that US President Barack Obama should reopen a military base in Iceland and place the captives from the infamous Guantanamo camp there.
Hale proposes that Obama offers that the US to cover Iceland’s Icesave debt in exchange for facilitating the prisoners and that the Icelandic banks would be part of the bailout package from the US government, visir.is reports.
The cost would be minimal for American taxpayers, Hale reasoned, it would only be part of the US government’s profits from stocks in Goldman Sachs.
In his article, Hale recites the establishment of a US military base in Iceland in the mid-20th century and its closing after the Cold War ended. He then says it is a fact that no country that plays host for an American base has ever gone into insolvency.
Click here to read the full article in the FT and here to read more about Icesave.
