This is a summary of the facts:
25 citizens are chosen, with no political affiliation, out of the 522 candidates. For candidacy all that was needed was to be an adult and have the support of 30 people. The constitutional assembly starts in February of 2011 to present the ‘carta magna’ from the recommendations given by the different assemblies happening throughout the country. It must be approved by the current Parliament and by the one constituted through the next legislative elections.
So in summary of the Icelandic revolution:
- Resignation of the whole government.
- Nationalization of the bank.
- Referendum so that the people can decide over the economic decisions.
- Incarcerating the responsible parties.
- Rewriting of the constitution by its people.
... It shows when the people DO STAND UP they have more power and win against the corrupt bankers and politicians of a country. Iceland is forgiving and erasing the mortgage debt of the population. They are putting the bankers and politicians on the "Bench of the Accused." Which means I assume they are putting them on trial for corruption.
... Now the rest of people of the world need to start doing the same thing. We all need to stand up and against all the corruption and fraud of politicians that are puppets of the banks and corporations. The government of Iceland has forgiven the mortgage debt for much of its population.
This nation chose a very different way of stopping the crisis from the rest of European countries. It decided to hear the requests of the population and to put politicians and bankers on the bench of the accused three years after their financial excesses would sank one of the most prosperous economies in 2008.
Have we been informed of this through the media? Has any political program in radio or TV commented on this? No! The Icelandic people have been able to show that there is a way to beat the system and has given a democracy lesson to the world!