Cut Skarpi some slack folks, he's a gentle soul, who speaks from his heart, he doesn't have an ounce of cynicism in his body.
All he knows is what he reads in the newspapers, and sees on Icelandic TV. Now there's as much chance of their TV admitting Iceland might be to blame, as there is of GWB admitting he knew there were no WMD's and he just wanted Iraq's oil.
We all go on the offensive when we are attacked, and Iceland feels under siege at the moment. You see the people there have as much control over their bankers as we do. Not to mention the situation vis-s-vis sub prime in the US.
Also remember that English is not his first language, so he might not always use the correct words.

XG