Navigation »Cameldog Mixed Martial Arts Forums > Off-Topic Discussion > War & Peace » Iceland overthrows government, banks; media suppresses news

War & Peace Duke it out and test your debating skills here ! Politics and world affairs, religion and science, theology, the events that shape our world.

Reply
 
LinkBack (2) Thread Tools Display Modes
Old 08-29-2011, 03:58 PM   2 links from elsewhere to this Post. Click to view. #1
Image and video hosting by TinyPic
Image and video hosting by TinyPicImage and video hosting by TinyPic
 
El Duderino's Avatar
 
Join Date: May 2008
Posts: 30,969
Exclamation Iceland overthrows government, banks; media suppresses news

This should be making headlines worldwide yet it isn't.

The revolution will not be televised.



Since 2008 the vast majority of the Western population dream about saying "no" to the banks, but no one has dared to do so. No one except the Icelanders, who have carried out a peaceful revolution that has managed not only to overthrow a government and draft a new constitution, but also seeks to jail those responsible for the country's economic debacle.

Last week 9 people were arrested in London and Reykjavik for their possible responsibility for Icelandís financial collapse in 2008, a deep crisis which developed into an unprecedented public reaction that is changing the country's direction.

It has been a revolution without weapons in Iceland, the country that hosts the world's oldest democracy (since 930), and whose citizens have managed to effect change by going on demonstrations and banging pots and pans. Why have the rest of the Western countries not even heard about it?

Pressure from Icelandic citizensí has managed not only to bring down a government, but also begin the drafting of a new constitution (in process) and is seeking to put in jail those bankers responsible for the financial crisis in the country. As the saying goes, if you ask for things politely it is much easier to get them.

This quiet revolutionary process has its origins in 2008 when the Icelandic government decided to nationalise the three largest banks, Landsbanki, Kaupthing and Glitnir, whose clients were mainly British, and North and South American.

After the State took over, the official currency (krona) plummeted and the stock market suspended its activity after a 76% collapse. Iceland was becoming bankrupt and to save the situation, the International Monetary Fund (IMF) injected U.S. $ 2,100 million and the Nordic countries helped with another 2,500 million.

Great little victories of ordinary people

While banks and local and foreign authorities were desperately seeking economic solutions, the Icelandic people took to the streets and their persistent daily demonstrations outside parliament in Reykjavik prompted the resignation of the conservative Prime Minister Geir H. Haarde and his entire government.

Citizens demanded, in addition, to convene early elections, and they succeeded. In April a coalition government was elected, formed by the Social Democratic Alliance and the Left Green Movement, headed by a new Prime Minister, Jůhanna Sigurūardůttir.

Throughout 2009 the Icelandic economy continued to be in a precarious situation (at the end of the year the GDP had dropped by 7%) but, despite this, the Parliament proposed to repay the debt to Britain and the Netherlands with a payment of 3,500 million Euros, a sum to be paid every month by Icelandic families for 15 years at 5.5% interest.

The move sparked anger again in the Icelanders, who returned to the streets demanding that, at least, that decision was put to a referendum. Another big small victory for the street protests: in March 2010 that vote was held and an overwhelming 93% of the population refused to repay the debt, at least with those conditions.

This forced the creditors to rethink the deal and improve it, offering 3% interest and payment over 37 years. Not even that was enough. The current president, on seeing that Parliament approved the agreement by a narrow margin, decided last month not to approve it and to call on the Icelandic people to vote in a referendum so that they would have the last word.

The bankers are fleeing in fear

Returning to the tense situation in 2010, while the Icelanders were refusing to pay a debt incurred by financial sharks without consultation, the coalition government had launched an investigation to determine legal responsibilities for the fatal economic crisis and had already arrested several bankers and top executives closely linked to high risk operations.

Interpol, meanwhile, had issued an international arrest warrant against Sigurdur Einarsson, former president of one of the banks. This situation led scared bankers and executives to leave the country en masse.

In this context of crisis, an assembly was elected to draft a new constitution that would reflect the lessons learned and replace the current one, inspired by the Danish constitution.

To do this, instead of calling experts and politicians, Iceland decided to appeal directly to the people, after all they have sovereign power over the law. More than 500 Icelanders presented themselves as candidates to participate in this exercise in direct democracy and write a new constitution. 25 of them, without party affiliations, including lawyers, students, journalists, farmers and trade union representatives were elected.

Among other developments, this constitution will call for the protection, like no other, of freedom of information and expression in the so-called Icelandic Modern Media Initiative, in a bill that aims to make the country a safe haven for investigative journalism and freedom of information, where sources, journalists and Internet providers that host news reporting are protected.

The people, for once, will decide the future of the country while bankers and politicians witness the transformation of a nation from the sidelines.

Iceland, a country that wants to punish the bankers responsible for the crisis
El Duderino is offline   Reply With Quote
Old 08-29-2011, 04:04 PM   #2
JimmyJames
Guest
 
Posts: n/a
Default

WAR ICELAND!!!

The is great news. To Bad Americans are too busy with their PS3's and Jersey Shore to care about doing something great with their country.

All Power to the People!!!
  Reply With Quote
Old 08-29-2011, 04:06 PM   #3
Purple Murple
Image and video hosting by TinyPic
 
El Guapo's Avatar
 
Join Date: Mar 2011
Location: Mt Olympus
Age: 28
Posts: 1,897
Default

Quick everybody! Lets pretend Iceland is relevant in the world!
El Guapo is offline   Reply With Quote
Old 08-29-2011, 04:08 PM   #4
JimmyJames
Guest
 
Posts: n/a
Default

Returning to the tense situation in 2010, while the Icelanders were refusing to pay a debt incurred by financial sharks without consultation, the coalition government had launched an investigation to determine legal responsibilities for the fatal economic crisis and had already arrested several bankers and top executives closely linked to high risk operations.
Fuck it would be awesome to see something like this happen here.
  Reply With Quote
Old 08-29-2011, 04:31 PM   #5
MULTIMEDIA EDITOR
Image and video hosting by TinyPic
 
chino's Avatar
 
Join Date: Aug 2011
Posts: 4,082
Default

WAR ICELAND DESTROYING WHAT DESTROYED THEIR ECONOMY!
chino is offline   Reply With Quote
Old 08-29-2011, 04:33 PM   #6
Image and video hosting by TinyPic
 
Join Date: Dec 2009
Posts: 23,582
Default

they really have not been covering this in the media, i guess we know that the banks control that now, pretty scary
Mike Thaison is online now   Reply With Quote
Old 08-29-2011, 04:33 PM   #7
Blue Blood
Image and video hosting by TinyPic
 
Join Date: Jul 2011
Age: 31
Posts: 443
Default

i love iceland. hot ass women, and the whole revolution thing is cool too
DV_2.0 is offline   Reply With Quote
Old 08-29-2011, 04:35 PM   #8
Blue Blood
Image and video hosting by TinyPic
 
Join Date: Jul 2011
Age: 31
Posts: 443
Default

DV_2.0 is offline   Reply With Quote
Old 08-29-2011, 04:35 PM   #9
Blue Blood
Image and video hosting by TinyPic
 
Join Date: Jul 2011
Age: 31
Posts: 443
Default

Originally Posted by DV_2.0 View Post
pic fail, shit
DV_2.0 is offline   Reply With Quote
Old 08-29-2011, 07:43 PM   #10
VIP Member
Image and video hosting by TinyPicImage and video hosting by TinyPic
 
sparky204's Avatar
 
Join Date: May 2009
Age: 33
Posts: 9,164
Default

I am very proud of my icelandic roots right now. My family tree can date back to the days of leif erricson and eric the red.
sparky204 is offline   Reply With Quote
Old 08-29-2011, 07:46 PM   #11
Niggrinchi
Image and video hosting by TinyPic
 
Steve French's Avatar
 
Join Date: Mar 2010
Location: Western PA via Cali
Posts: 21,158
Default

False. Taco is an idiot. Re elect Vincente fox.
__________________
www.cameldog.net
Steve French is offline   Reply With Quote
Old 11-01-2012, 09:27 PM   #12
Artist
Image and video hosting by TinyPic
 
Barnburner's Avatar
 
Join Date: Apr 2010
Posts: 31,041
Default

wow, we need to do that in this country.
Barnburner is offline   Reply With Quote
Old 11-02-2012, 03:01 PM   #13
VIP Member
Image and video hosting by TinyPicImage and video hosting by TinyPic
 
Join Date: Jul 2011
Posts: 12,524
Default

who cares

Iceland is irrelevant and not needed in order for the plan to work. I support Iceland being a safe haven that is still homogeneous and white and untouched by the world. But the reality of the situation is they are irrelevant and not needed.
100%texan is offline   Reply With Quote
Old 11-02-2012, 03:53 PM   #14
Niggrinchi
Image and video hosting by TinyPic
 
Honey Badger's Avatar
 
Join Date: Aug 2009
Location: The House of Zaid, Where The Camels Come to Rest
Posts: 56,577
Default

don't mak
__________________







Originally Posted by tSekaTHeKhan View Post

If it was possible to do so anonymously without getting arrested then he'd be the guy at Baskin Robins running around slapping ice cream out of children's hands like a fucking asshole
Honey Badger is offline   Reply With Quote
Old 11-02-2012, 03:57 PM   #15
Ugh
Image and video hosting by TinyPicImage and video hosting by TinyPic
 
Orchid's Avatar
 
Join Date: Jun 2010
Location: dreaming of a multi-polar world
Posts: 54,850
Default

Iceland is full of beautiful white people of Norse and Celtic stock.

it's so awesome.

I need to visit
Orchid is offline   Reply With Quote
Reply

Bookmarks

Tags
iceland, revolution

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


LinkBacks (?)
LinkBack to this Thread: http://www.cameldog.net/war-peace/55652-iceland-overthrows-government-banks-media-suppresses-news.html
Posted By For Type Date
Iceland, a country that wants to punish the bankers responsible for the crisis This thread Refback 04-20-2014 09:11 AM
Iceland overthrows government, banks; media suppresses news - Cameldog Mixed Martial Arts Forums This thread Refback 11-10-2011 04:57 PM

Similar Threads
Thread Thread Starter Forum Replies Last Post
Why hasn't there been a greater backlash against the banks? BJJBJ War & Peace 6 09-15-2010 05:41 PM
We're More Strict With The Poor Than We Are With The Banks The Disciple War & Peace 1 01-20-2010 11:25 AM
tyra banks niven Stoned & Wasted 106 11-20-2008 10:11 PM
** Stunky Peeps At Banks ** Sheikh Zubeer Stoned & Wasted 35 08-04-2008 02:43 PM


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.2.0 RC7 Ad Management plugin by RedTyger