YUP, THE IDEAL LEFTWING POLITICAL CLIMATE:

New Icelandic Prime Minister Takes Office (KRISTA MAHR , 06.15.2006, AP)

Geir Haarde became Iceland's new prime minister Thursday, marking a return to the office for Iceland's largest political party and a likely shift toward a tighter fiscal policy.

Haarde said the new administration will focus on the economy and continue discussions with the U.S. over the nation's defense.

The country's coalition government was quickly restructured last week under the fiscally conservative Independence Party after Halldor Asgrimsson announced his resignation as prime minister in the wake of his Progressive Party's poor performance in local elections.