ICELAND. No news from Iceland?... why? Why do we hear so much of what happens in Egypt, but no news about what’s happening in Iceland:
In Iceland, the people have made the government resign, the primary banks have been nationalized, it was decided to not pay the debt that these created with Great Britain and Holland due to their bad financial politics, and a public assembly has been created to rewrite the constitution.
And all of this in a peaceful way. A whole revolution against the powers that have created the current global crisis. This is why there hasn’t been any publicity during the last two years: What would happen if the rest of the EU citizens took this as an example? What would happen if the US citizens took this as an example.
This is a summary of the facts:
2008. The main bank of the country is nationalized.
The Krona, the currency of Iceland devaluates and the stock market stops. The country is in bankruptcy
2008. The citizens protest in front of parliament and manage to get new elections that make the resignation of the prime minister and his whole government.
The country is in bad economic situation.
A law proposes paying back the debt to Great Britain and Holland through the payment of 3,500 million euros, which will be paid by the people of Iceland monthly during the next 15 years, with a 5.5% interest.
2010. The people go out in the streets and demand a referendum. In January 2010 the president denies the approval and announces a popular meeting.
In March the referendum and the denial of payment is voted in by 93%. Meanwhile the government has initiated an investigation to bring to justice those responsible for the crisis, and many high level executives and bankers are arrested. The Interpol dictates an order that make all the implicated parties leave the country.
In this crisis an assembly is elected to rewrite a new Constitution which can include the lessons learned from this, and which will substitute the current one (a copy of the Danish Constitution).
25 citizens are chosen, with no political affiliation, out of the 522 candidates. For candidacy all that was needed was to be an adult and have the support of 30 people. The constitutional assembly starts in February of 2011 to present the ‘carta magna’ from the recommendations given by the different assemblies happening throughout the country. It must be approved by the current Parliament and by the one constituted through the next legislative elections.
So in summary of the Icelandic revolution:
-resignation of the whole government
-nationalization of the bank.
-referendum so that the people can decide over the economic decisions.
-incarcerating the responsible parties
-rewriting of the constitution by its people
Have we been informed of this through the media?
Has any political program in radio or TV commented on this?
No! The Icelandic people have been able to show that there is a way to beat the system and has given a democracy lesson to the world.
This reply was removed on 2012-09-17.
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I'm Italian and live in the UK and I'm ecstatic that the country is going to the dogs. Italians are largely a shallow, self involved, money grabbing, corrupt lot and they have always taken what they could, totally disregarding the common good.
At least the British set up charities and always try to help those in need. It might not always work, but they try.
Revolutions can only happen if people can think as a group and Italians are individualistic, so I don't think it's going to work there.
Might work in the UK, though.
It will work with nearly any country that has a population of under 400 thousand people and does not export a highly traded product. Chief export is Cod and Marine product. That wont get the Airborne Rangers on your beaches backed by Wall Street to enforce the banks interest. Applauded. Lesson taken. Be small.
I have lived in the UK all my life and have seen successive governments take this country further and further down the drain. We need change here as well, but as a people we are suppressed to the point that we no longer have any control, we only have an illussion of it. It is this illussion that keeps us under control while they chip away at our rights and the future rights of our children and grandchildren.
I have felt for many years that we need change but this will not happen because as a population we do not feel we can prevail, especially with the various laws that have been put in place by those in power to protect themselves.
It no longer matters which political party you vote for as they all have the same agenda... to screw the country up as much as possible while taking as much money from the population as possible through as many taxes, and stealth taxes as they can imagine while letting the large corporations and businesses pay as little as possible so they can rely on their support at the next election.
They only ever think of their next four years in government, and how they can profit from it while giving the illusion of fulfilling their electoral promises. It is this mentality that has put us where we are today and until someone has the balls to stand up and change this situation at their level it will continue.
Well done to the people of Iceland for their success. I hope other countries and institutions/businesses around the world know about this and are feeling a bit scared. If it can happen there, is any large organisation, or country, safe...
Sounds absolutely great! I am amazed by the power of the people triumphing over tyranny. If only the world would follow this example, the world could be a much better fairer equal place, not merely in the hands of the minute elite. No wonder it is not getting any media coverage, they clearly don't want people to know how powerful they could be if they unite.