As one European country after another fails or risks failing, imperiling the Euro, with repercussions for the entire world, the last thing the powers that be want is for Iceland to become an example.
The belief that citizens had to pay for the mistakes of a financial monopoly, that an entire nation must be taxed to pay off private debts was shattered, transforming the relationship between citizens and their political institutions and eventually driving Iceland’s leaders to the side of their constituents. The Head of State, Olafur Ragnar Grimsson, refused to ratify the law that would have made Iceland’s citizens responsible for its bankers’ debts, and accepted calls for a referendum.
What? The overpaid, undertaxed, financial parasite class might actually be prevented from buttfucking the citizenry with laws bought and paid for with money it stole from the people?
The people of Greece have been told that the privatization of their public sector is the only solution. And those of Italy, Spain and Portugal [Kat’s addition: and the United States of America] are facing the same threat.
They should look to Iceland. Refusing to bow to foreign interests, that small country stated loud and clear that the people are sovereign.
That’s why it is not in the news anymore.
Yes, we all must instead talk about America’s media-consecrated 21st Century intellectual triad: Michele Bachmann, Rick Perry and Snooki.
People are worried about the US entering a Weimar phase?
Folx…that’s in our rearview mirror – and will soon be remembered as the good ol’ days.