ICELANDIC REVOLUTION. BRING IT ON.

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 citizens’ 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.

http://itmakessenseblog.com/2012/06/18/global-elites-thrown-out-of-iceland-iceland-dismantles-corrupt-govt-then-arrests-all-rothschild-bankers/

Why oh why can’t we get our act together and make our feelings known? Remove benefits but “invest” £24,000,000 in a flaky business? Propose legislation which results in control of the electorate – not protection? We seem to approve of it all.

I guess we are more traa dy liooar than Viking. Despite commonalities there is one big difference. We Manx prefer to keep the peace. After all,  if we successfully opposed things we would have nothing to complain about.

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