Icelandic Banks and Terror

The use of what people call "Terror Legislation" in seizing the assets of an Icelandic Bank (which was not actually in danger, IIRC) is inaccurate. This legislation in truth just used "Terrorism" as a cover for other, wide-ranging and draconian powers. 

The same is happening in the "42 days" debacle. One wonders if the willingness to let the 42 days dimension drop due to the Lords rejecting the bill was planned. This way, all the focus is on the headline proposal and when it is defeated, people think that Liberty has won the day and we can now all rest easy in our beds.

In fact, we can now all rest easy in our beds. Until around 3am.