[DuePew]

No news from Iceland… why?
How come we hear everything that happens in Egypt but no news about what’s happening in Iceland:
…
In Iceland, the people has 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

[CruzIzabella]

also see:
Thread: Will Global Financial Demolition Lead To New World Order?

partial of the OP, but check the thread's 13 replies for more:

terrific article- the "Iceland Model" appears to be the answer, and why Iceland's goings-on have gone silent on the global ZioStream Media [ZSM]. The insolvent banks need to go into receivership, not the nations they've deliberately wrecked! But instead things are going the banksters' way for the time being, because the political whore class in most western nations now in the crosshairs of the "economic hitmen", are owned by those same banksters.


Will Global Financial Demolition Lead To New World Order?

[tropicana]

Wow. Common sense in politics. I didn't know it was possible.

[emorbimefed]

Population is 300,000 and their banks were just being used as fronts...Their economy is meaningless

[tropicana]

Population is 300,000 and their banks were just being used as fronts...Their economy is meaningless

Do you mean their economy is too small and insignificant for "them" to give a shit?

[CruzIzabella]

More Icelandic bankers arrested

Posted on20 January 2011. Tags: arrests, banking, Central Bank of Iceland, Iceland, Landsbanki

Iceland’s special prosecutor into the banking crisis has confirmed that raids have taken place today and that arrests have been made. The Central Bank of Iceland is among the institutions under investigation.

Special Prosecutor, Olafur Thor Hauksson told Visir.is that house searches are taking place in at least three places today as part of investigations into the central bank, MP Bank and Straumur Bank.

Stefan Johann Stefansson at the central bank confirmed that agents were in the building conducting searches; and it has also been confirmed that searches are underway at MP Bank and ALMC (formerly Straumur).

An ALMC spokesman said that the premises are indeed being searched and that the bank’s staff members are doing their best to help.

In other news, four people have so far been arrested today in connection with the special prosecutor’s investigation into Landsbanki.

One of the arrested parties is Jon Thorsteinn Oddleifsson, former Landsbanki treasury boss; and it is not yet known who the other three are.

According to Visir.is sources, the arrests concern a brand new section of the wider case against the bank and are not directly connected to searches and arrests made last week.