This is awesome. 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 the banks and politicians that are puppets of the banks and corporations.
Iceland’s special prosecutor has said it may indict as many as 90 people, while more than 200, including the former chief executives at the three biggest banks, face criminal charges. Larus Welding, the former CEO of Glitnir Bank hf, once Iceland’s second biggest, was indicted in December for granting illegal loans and is now waiting to stand trial. The former CEO of Landsbanki Islands hf, Sigurjon Arnason, has endured stints of solitary confinement as his criminal investigation continues.
Originally posted by Hessling
Go Iceland GO!!!!!!!!!!!!!!!!!!!
Now be a lesson to other nations around the world. Let's hope a trend has begun.
You can bet the people of Greece will be watching this develop.
However, I do think this is how it's going to go down sometime in the near future. The people will have had enough, and will tell the big financial institutions go F themselves. Where it goes from there is anybody's guess. I was thinking along the lines of Greece being the first to step out and others shortly following behind.
Edit: Well there we go, as I finished my post the OP pulled a couple more sources. Good stuff. S&F
Originally posted by Patifier
Anyone form Iceland that can confirm this? Couldn't find any other source on this history, even Icelandic news websites. Telesur that published the original video is a Venezuelan news channel.
Originally posted by DerepentLEstranger
how long before we started hearing:
"Iceland is violating human rights/promoting terrorism/has WMD's? "
Originally posted by JaneC
Here is a link that says that Iceland's debt forgiveness is only 13%
But is better than nothing I suppose!