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Forum Post: Icelandic Revolution- Can we learn from them?

Posted 7 years ago on Nov. 10, 2011, 9:31 a.m. EST by RedPanther (11)
This content is user submitted and not an official statement

I'm on a mobile phone, so can't post any links but there is loads of info on the net. I'll briefly explain anyway. About 2 years ago the Iceland was forced to declare itself bankrupt as privatisation of the banks had lead to irresponsible use of public money which put the country in a large amount of debt. The government attempted to socialise the private debt, backed by larger nations who were putting heavy pressure on them. Despite this the Icelandic people refused, revolted, went on strike until eventually the government had to resign. The goverment was then replaced by a peoples government with no one specific leader. Arrest warrents were put out for those responsible for the misuse of public money, and they re-wrote the constitution. They are now working towards a fairer society, with one of the founders of Wikileaks as a member of parlaiment. Inspiring! That's a brief summary from me. I may have left bits out, or mis-understood certain parts, so research it yourself. Anyway, fantastic story!

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2 Comments


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[-] 1 points by stevemiller (1062) 7 years ago

Raising the age to collect social security

read more - http://overthecoals.blogspot.com/

Diane Swonk claims to be an economist who just said, "I work hard and I don't mind having to work 2 more years to collect social security." That was in response to a caller on C-span who said she was 48 and she opposes raising the age.

While I'm sitting here at age 69 writing this blog post I don't claim that this is hard work sitting on my ass. If Diane Swonk drove an 18 wheeler and had to pull the pin to release the trailer every day or did some meaningful work making products, cooking food, repairing things, or building things Diane would grasp that increasing the age to remedy social security will be impossible for many workers.

Diane Swonk is another clueless economist who never saw the mortgage bubble and doesn't know what she's talking about on any subject. When she claims to being a hard worker, even if that was true, she's never accomplished anything. The economists designed the slave trade called "globalization" that has destroyed America for 50,000,000 workers who earned money by working. Its the economists who refuse to admit the mistake of advising the government to use policies that have destroyed the economy.

Any reader who wants to read my entire composition posted just under this post will receive a copy if they send their email address.

[-] -1 points by happybanker (766) 7 years ago

Steve you have admitted that you are a convicted felon who spent 9 years in prison for extortion. Why are you looking for your next prey here?