The tiny Nordic European island country of iceland is presently experiencing one of the greatest economic comebacks of all time. After the privatization of the banking sector completed in 200o, the economy was thrown into a tailspin when over a five year period, private bankers borrowed 120 billion dollars (10 times the size of Icelandís economy). A huge economic bubble was created, causing house prices to double, and making a small percentage of Icelandís population rich enough to buy up overseas investments, mansions, yachts, and private jets, while leaving an absolutely un-payable debt for all Icelanders. Iceland was facing national bankruptcy.
In response to the failed banking system, in October 2008, Icelandís revolution against this financial tyranny began, rather casually in the street, in front of the Icelandic general assembly.
In the duration of five months, the main bank of Iceland was nationalized, government officials were forced to resign, the old government was liquidated, and a new government was put in its place. By March 2010, Icelandís people voted to deny payment of the 3,500 million Euro debt created by the bankers, and about 200 high-level executives and bankers responsible for the economic crisis in the country were either arrested or were facing criminal charges.
In February 2011, a new constitutional assembly settled in to rewrite the tiny nationís constitution, which aimed to avoid entrapment by debt-based currency foreign loans. In 2012, Icelandís economy is expected to outgrow the Euro and the average for the developed world, as estimated by the Paris-based Organization for Economic Cooperation and Development.
So how does a revolution like this take root and activate a citizenry to effectively respond to grand scale economic theft by bankers and politicians?
Increased tax subsidies for politically correct media 2015-03-29 22:08
On Dec 9 last year I translated a random snapshot of the biggest newspaper in Sweden. The headlines alone spoke for themselves. It was, simply put, an orgy of political correctness, obvious attempts at emotional manipulation and general national self-loathing. In other words, a typical Swedish newspaper on any given day.
As more and more readers are waking up to the ...
When obeying the law and supporting yourself is racist 2015-03-29 22:56
There is a huge scandal in the municipality of √Ąlmhult in Sweden. It has been revealed that there is a letter that may have been sent from the municipality offices to newly arrived immigrants informing them that the law applies to them and that they‚Äôre expected to eventually go off the dole and start pulling their own weight in society.
New political weapon: Threat to unleash immigrant invasion 2015-03-29 22:05
Youtube description: Threatening to bombard a country with illegal immigrants has become quite the bargaining chip in political quarrels, as Polly Boiko explains.
Editors Note: Notice how the argument is twisted around at the end of the report. The word "Bogeyman" is used. This is a common allusion to a mythical creature. What is mythical about replacement immigration into Europe? ...
Facebook completes first drone flight above UK, Mark Zuckerberg confirms 2015-03-28 3:15
Solar powered drones which provide internet access to rural and remote areas have been trialled in UK for first time by Facebook.
They ‚Äúhave a wingspan greater than a Boeing 737 but will weigh less than a car‚ÄĚ, according to the social network's chief Mark Zuckerberg.
The drones, developed by Somerset-based company Ascenta which Facebook bought last March, will beam down laser-guided ...