The Icelandic Revolution
Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the country’s economic and financial collapse are reaping the benefits of their anger.
Is Iceland – the wonderful island with just 300 thousand citizens – going to be the first country seriously questioning the privatized money creation and considering Full Reserve Banking proposals? It seems that it might well be the case… A motion has recently been put forward in the Althing – the Icelandic Parliament – calling for the forming of a committee to report on the benefits/costs of full reserves banking. The motion reads: Positive Money » Icelandic Parliament investigating Full Reserve Banking
By Pete Papaherakles Iceland Continues Economic Rejuvenation by Purging Financial Parasites
Iceland holds some key lessons for nations trying to survive bailouts after the island’s approach to its rescue led to a “surprisingly” strong recovery, the International Monetary Fund’s mission chief to the country said. IMF Says Bailouts Iceland-Style Hold Lessons in Crisis Times
Since 2008 the vast majority of the Western population dream about saying “no” to the banks, but no one has dared to do so. Iceland, a country that wants to punish the bankers responsible for the crisis
Iceland Has Hired An Ex-Cop Bounty Hunter To Go After The Bankers That Wrecked Its Economy
The Worst Bank in the World? HBOS’s Calamitous Seven Year Life February 27th, 2010 (updated June 22nd, 2012) HBOS’s entrance on The Mound; Image: The We Lessons must be learnt from the short and calamitous history of HBOS, the bank which effectively went bust in September 2008, writes Ian Fraser (Note: This article was first posted under the headline “HBOS: When did the rot set in?
Bail Out The Bankers? Iceland ARRESTED Them, And Look What Happened.
An Italian radio program's story about Iceland’s on-going revolution is a stunning example of how little our media tells us about the rest of the world. Americans may remember that at the start of the 2008 financial crisis, Iceland literally went bankrupt. Iceland's On-going Revolution
ICELAND. 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.
The Mouse That Roared - Trailer on Vimeo
How to start a revolution: Learn from Iceland!
Following Iceland's 2008 financial collapse and the government's subsequent resignation, poet and activist Birgitta Jónsdóttir was elected to that country's Parliament, where she has consistently fought for greater transparency and journalistic freedom. (She joined the newly formed Pirate Party last year.) In 2009, WikiLeaks published the sketchy loan book of a failed Icelandic bank, Kaupthing, but an injunction from a judge prevented the national newscaster, RUV, from reporting it. Viewers were referred to Wikileaks for the information instead, and the secure, anonymous dropbox for whistleblowers became an overnight sensation. Wikileaks' Julian Assange and Daniel Domscheit-Berg were invited to Iceland; and Jónsdóttir volunteered for the organization, eventually becoming the producer of Collateral Murder, the gunsight-view video of the killing of civilians by U.S. troops in Iraq that catapulted the organization into American consciousness in 2010. Q&A: Birgitta Jónsdóttir
Pots, Pans and Other Solutions
Democracy 2.0: Iceland crowdsources new constitution | Reflections on a Revolution ROAR
The newest government in the world was designed with help from comments on the internet. 25 Ordinary Citizens Write Iceland’s New Constitution With Help From Social Media