Icelanders Overthrow Government and Rewrite Constitution

[Constitutional Paulicy]

http://guardianlv.com/wp-content/uploads/2013/12/Icelanders-overthrow-government.jpg

Icelanders Overthrow Government and Rewrite Constitution After Banking Fraud-No Word From US Media


Can you imagine participating in a protest outside the White House and forcing the entire U.S. government to resign? Can you imagine a group of randomly chosen private citizens rewriting the U.S. constitution to include measures banning corporate fraud? It seems incomprehensible in the U.S., but Icelanders did just that. Icelanders forced their entire government to resign after a banking fraud scandal, overthrowing the ruling party and creating a citizen’s group tasked with writing a new constitution that offered a solution to prevent corporate greed from destroying the country. The constitution of Iceland was scrapped and is being rewritten by private citizens; using a crowd-sourcing technique via social media channels such as Facebook and Twitter. These events have been going on since 2008, yet there’s been no word from the U.S. mainstream media about any of them. In fact, all of the events that unfolded were recorded by international journalists, overseas news bureaus, citizen journalists and bloggers. This has created current accusations of an intentional cover up of the story by mainstream U.S. news sources.

more here... http://guardianlv.com/2013/12/icelanders-overthrow-government-and-rewrite-constitution-after-banking-fraud-no-word-from-us-media/

[FrankRep]

The New American has documented Iceland's transformation.



http://www.thenewamerican.com/images/stories2011/10aMarch/why-iceland-cover.001.jpg (http://tinyurl.com/kjophbx)



Asgeir Jónsson's book, Why Iceland? (http://tinyurl.com/kjophbx), offers a detailed analysis of the financial crisis that tore apart the economy of his nation.


A Review of "Why Iceland?" (http://www.thenewamerican.com/reviews/books/item/6451-a-review-of-why-iceland)


James Heiser | The New American (http://www.thenewamerican.com/)
06 March 2011


Book Review:
http://www.thenewamerican.com/reviews/books/item/6451-a-review-of-why-iceland


Flashback:


2013 - Icelandic Taxpayers Win Key Case Against European Establishment (http://www.thenewamerican.com/world-news/europe/item/14415-iceland-taxpayers-win-key-case-against-european-establishment)

A transnational court ruled against the European Union, deciding that Iceland's taxpayers were not responsible for the liabilities of a failed Icelandic bank.

2011 - Lesson from Iceland's 2008 Financial Crisis: Let Banks Fail (http://www.thenewamerican.com/world-news/europe/item/8874-lesson-from-icelands-2008-financial-crisis-let-banks-fail)

The economically-strapped EU should learn from how Iceland solved its 2008 financial crisis: by letting the three largest banks fail, with no bailouts.

2011 - Icelandic President vetoes bank bailout (http://www.thenewamerican.com/world-news/europe/item/8695-icelandic-president-vetoes-bank-bailout)

Iceland's President has vetoed a bill which would have loaded a crippling debt on his nation; the measure will now be voted on by the entire population.

2011 - Iceland Voters Reject Bank Bailout Again (http://www.thenewamerican.com/world-news/europe/item/8722-iceland-voters-reject-bank-bailout-again)

Voters in Iceland infuriated bankers and European governments yet again in a referendum vote by rejecting for a second time a proposed bailout that would have forced taxpayers to cover the massive debts of private Icelandic banks that failed during the economic crisis.

2010 - Icelanders Resist Bailout Scheme (http://www.thenewamerican.com/world-news/europe/item/8526-icelanders-resist-bailout-scheme)

Citizens in Iceland, seeing their economy collapse, are protesting a proposed bailout of Icesave, saying it was coerced by Gordon Brown's misuse of anti-terrorism laws.

2010 - Iceland Debt Small Part of Global Debt Crisis (http://www.thenewamerican.com/world-news/europe/item/8543-iceland-debt-small-part-of-global-debt-crisis)

The debt crisis in Iceland is a small part of the global econommic crisis, with Greece, Spain, and other countries also drowning in debt.

2010 - Icelanders Reject 'Debt Slavery' (http://www.thenewamerican.com/world-news/europe/item/8541-icelanders-reject-debt-slavery)

Iceland's voters in a weekend referendum overwhelmingly rejected a plan to repay the British and Dutch governments billions in debts from a failed private bank, though they are, in essence, being bribed by the IMF to vote yes.

2009 - Learning From Iceland's Economic Meltdown (http://www.jbs.org/jbs-news-feed/learning-from-icelands-economic-meltdown)

Iceland's economic meltdown, with skyrocketing unemployment, bankruptcies, political corruption and bank scandals, can teach Americans about the crises being unleashed on our own country.

2009 - Iceland and the EU "Shakedown" (http://www.jbs.org/jbs-news-feed/iceland-and-the-eu-shakedown)

Iceland's economic and political crisis must be seen in the context of the agenda of the EU Internationalists.

2009 - A Sinking Island (http://www.thenewamerican.com/world-news/europe/item/8423-a-sinking-island)

Iceland's government has become the first state casualty to collapse from the economic crisis, with Prime Minister Geir Haarde resigning his post this week.

[Constitutional Paulicy]

I just love me some New American!!!!

[angelatc]

Again, this news is like 4 years old. The media did cover it =, and in fact this article was already linked here. Hell, Frank just copied his post from that thread to this one.

The effort to rewrite their constitution died politically. The party that took the biggest thrashing in 2007 is now regaining seats.

This is a non-story.

[jllundqu]

Again, this news is like 4 years old. The media did cover it =, and in fact this article was already linked here. Hell, Frank just copied his post from that thread to this one.

The effort to rewrite their constitution died politically. The party that took the biggest thrashing in 2007 is now regaining seats.

This is a non-story.

Deja vu! Didn't we JUST have this discussion??