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First Iceland, then the World

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'To me it is pointless and I find it is very sad that the first referendum since the founding of the republic revolves around legislation that is already obsolete. Consequently I see no point in taking part in this referendum,' (said Iceland's Prime Minister). alda March 5, 2010

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Iceland Banking Crisis News and More

"According to numbers, 1.5 % percent have said yes to the agreement to pay Icesave, but 93.6 say not to that. But this does not change anything. The Prime minister and finance minister say that there is a new deal on the table. Iceland's President says that a Referendum makes the democracy stronger. The outcome of the referendum does not have any affect on the government in Iceland." Halldor Sigurdsson, Mar 7

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Economic Disaster Area - National Referendum - A Sad Day for Democracy in Iceland

"Tomorrow is the first national referendum Icelandic citizens have been allowed to participate in by the political elite since the conception of the republic in 1944. By all measures, this should be a happy day for democracy in Iceland.

"But instead it is not a cause for celebration but a large milestone in the farcical power play which has taken place between the four largest political movements in Iceland since 1944.

"Yes, a farce.'Isn"t that what this whole thing really is', asked a Dutch journalist yesterday after surveying the scene? It is a sad day.' March 5 @ Dadi

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Michael Collins is a writer in the DC area who researches and comments on the corruptions of the new millennium. His articles focus on the financial manipulations of The Money Party, the abuse of power by government, and features on elections and (more...)
 

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Who Ultimately Ends Up Paying is the Big Question? by boomerang on Sunday, Mar 7, 2010 at 11:18:03 PM
finding another Titanic by Ned Lud on Monday, Mar 8, 2010 at 7:21:57 AM