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Icelanders Overthrow Government and Rewrite Constitution After Banking Fraud-No Word From US Media

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posted on Dec, 12 2013 @ 12:36 PM
Guardian Express

Can you imagine participating in a protest outside the White House and forcing the entire U.S. government to resign? Can you imagine a group of randomly chosen private citizens rewriting the U.S. constitution to include measures banning corporate fraud? It seems incomprehensible in the U.S., but Icelanders did just that. Icelanders forced their entire government to resign after a banking fraud scandal, overthrowing the ruling party and creating a citizen’s group tasked with writing a new constitution that offered a solution to prevent corporate greed from destroying the country. The constitution of Iceland was scrapped and is being rewritten by private citizens; using a crowd-sourcing technique via social media channels such as Facebook and Twitter. These events have been going on since 2008, yet there’s been no word from the U.S. mainstream media about any of them. In fact, all of the events that unfolded were recorded by international journalists, overseas news bureaus, citizen journalists and bloggers. This has created current accusations of an intentional cover up of the story by mainstream U.S. news sources.

Further down the article.....

As with most narratives, the truth may lie somewhere in the middle of all of these varying perspectives. One thing is clear, though: it’s nearly impossible to find one mainstream U.S. news report of the pots and pans revolution in Iceland, the resignation of Iceland’s entire government, and the jailing of the bankers responsible for the economic collapse there. Whether or not the revolution led to a more fair government or a workable and effective constitution is irrelevant to the fact that the U.S. media has essentially skipped over this story for the past five years.

This story is actually old, but I was curious as to whether or not many in the US knew of it. Here in Canada, I was aware, but not to the extent. Quite astounding really. BTW their economic collapse was a direct result of the US banking collapse. If memory serves, Icelandic banks were heavily invested in the toxic US housing market and were even harder then the US itself.

posted on Dec, 12 2013 @ 12:42 PM
Well of course the U.S. media isn't talking about this. Can't be giving it's citizens any ideas.

I envy them.

posted on Dec, 12 2013 @ 12:47 PM
reply to post by Connector

Of course there hasn't been much msm coverage on this. Its really no surprise seeing as how what these people did would be a major part of any uprising that would theoretically happen here in america, the problem with that though is that we have a ton of brainwashed people who would stop people from doing necessary things like as citizen coup'

posted on Dec, 12 2013 @ 12:53 PM
reply to post by Connector

Here's the constitution before t'was rewritten?

Icelands history

dog day king

Fun info?

The Dog Days have become attached to a picturesque chapter of Icelandic history in 1809, when the Napoleonic Wars were raging in mainland Europe. A Danish adventurer, Jörgen Jörgensen, set himself up as "Protector" of Iceland, sponsored by a maverick English merchant by the name of Phelps, who attempted to break the very disliked Danish monopoly on trade with Iceland. While in Iceland, Jörgen Jörgensen gathered around himself a small group of Icelanders, men who were at least willing to irritate the Danish authority. Together Jörgensen and five of his "life guards" rode across the country, visiting better off farmers, ministers and sheriffs and giving orders on all hands. Degrading some officials who were not willing to obey Jörgensen's orders and upgrading others.

edit on (12/12/1313 by loveguy because: (no reason given)

posted on Dec, 12 2013 @ 01:01 PM
I started a thread on this a few days ago, and it was a little misleading. this isn't anything recent.

Icelander's Overthrow Gov.......

posted on Dec, 12 2013 @ 01:10 PM
reply to post by solongandgoodnight

Ya, I mentioned that in the OP. I was more curious as to how many americans knew of it. The thread is more about media/corporate/government collusion then the revolution itself. I checked your thread and according to some posters there, Iceland has reverted to pre-revolution type government. I hope there is some Icelander ATS members and they can provide a first hand account.

posted on Dec, 12 2013 @ 01:10 PM

Sigurður Einarsson, former chairman of the board, got five years while investor, and one of the bank’s biggest shareholders, Ólafur Ólafsson, got three and a half years Magnús Guðmundsson, director of Kaupthing Luxembourg, got three years

Iceland Review Online
Icelandic bankers sentenced to prison for market abuse

Eleven and a half years total between all of them.

Hardly commensurate to the level of fraud committed.

In addition it looks like it was only locals who were sentenced,
just look at those names.

Besides ...

The US doesn't even have a "Market abuse Law", like
Iceland or the EU.

Mike Grouchy
edit on 12-12-2013 by mikegrouchy because: (no reason given)

posted on Dec, 12 2013 @ 01:31 PM
reply to post by Connector

Yes, I was aware of the Icelanders' noble rebellion. And, yes, I was very aware about the lack of attention here in the media, and therefore the lack of awareness by the public.

As I understand it, after an initial rough patch, they are prospering and faring quite well now. More power to them! And let's hope it rubs off on us...

posted on Dec, 12 2013 @ 01:40 PM
There are a really lot of people that profit by the current system of deceit. This country is built on the consumer based economy, there aren't that many jobs not related to this consumerism anymore. Half the jobs here are not necessary. Real jobs are farming jobs and industries that make products the normal person consumes. What we have is far from that.

Too many people here want their cushy jobs and they will back the ones in charge and the government. Think about all the contractors employees that are reliant on government spending. They have families. I don't see these people just sitting down and accepting change that negatively effects their way of life.

posted on Dec, 12 2013 @ 01:41 PM
what money is their money hitched to now? i mean, did they unyoke themselves from the us dollar?

posted on Dec, 12 2013 @ 06:32 PM

I started a thread on this a few days ago, and it was a little misleading. this isn't anything recent.

Icelander's Overthrow Gov.......

Come on ATS, geez!!! This is just pathetic... how can an old story like this reach the most flagged list two times within a single week, when the story is highly misleading and it occurred several years ago?!?!? This kind of crap would have never happened on ATS two years ago. Now it seems anything can reach the top of the most flagged list if it's sensationalized enough. Learn to read the thread properly before you flag it people! It's not that hard to do, just try putting a little effort and foresight into the things you flag so we don't end up with misleading crap at the top of the list. I want to see real stories with real substance at the top, not rehashed crap like this!

From the first thread:

Just to be clear, this headline is highly misleading. The "overthrow" happened back in 2008; the rewrite of the constitution never eventuated and Iceland never joined the EU. In fact, Iceland has since had yet another election and voted out the left-wing parties and replaced them with right-wing parties again, who immediately removed anything to do with rewriting the constitution, including socialising natural resources, cancelled talks with the EU, and put the country almost exactly back in the same political position it was pre-economic collapse.

EDIT: Oh look, two more flags since I made this post *facepalm*.
edit on 12/12/2013 by ChaoticOrder because: (no reason given)

posted on Dec, 12 2013 @ 06:48 PM
reply to post by undo

I don't think it was so much the US dollar itself, but their bankers and gov investing/borrowing way too heavily in the US housing market and the US superficially inflating the their dollar. Basically setting them up for the fall....the rube
Until oil producing countries drop the US$/barrel, everyone is pegged to the dollar really. At one time they were seriously considering adopting the CDN $ to replace the Krona. Someone with more knowledge please correct me if I'm mistaken.

Wiki Krona

quick snip from Inside Job IMDB (must see)

Jan 2013 Fox interview with the current Iceland Pres.

gov runs from protesters

Oct 2011...President's wife joins protesters.

How Iceland defeated the Anglo-American Bankster Mafia

posted on Dec, 12 2013 @ 06:57 PM
reply to post by ChaoticOrder

Why? Because the link in my OP is from Dec 2013. And from some of the responses here, most American weren't aware of it. Will it be bad etiquette to post a story about Jefferson Franklin if it is relevant? Not happy don't post in this thread and notify a Mod. Also, this OP is about the US media not covering any of the story really and why, not the revolution itself.

Speaking of crappy topics on ATS, how many threads in this forum have been proven 100% hoax / false and yet receive 100+ flags, just take a look a few threads below

I concur, ATS has gone down hill in the past few yrs. I've actually been here since 2004 and you?

posted on Dec, 12 2013 @ 07:05 PM
reply to post by Connector

Because the link in my OP is from Dec 2013.

Yes, because many websites have been rehashing this story recently for some reason. And the other thread was about the US media not covering this story as well. But I'm not blaming you, because we all post things that have been posted before. I'm blaming the membership as a whole for not realizing this is an old rehashed story, we need to be more on the ball.

posted on Dec, 12 2013 @ 07:10 PM
reply to post by ChaoticOrder

Understood....that's the reason for the post though, not for flags (as you can see from my offical join date and post/flag thingys ratio), but to educate people that aren't aware of this situation at all, and how Iceland said fudge you UK/US bankers. Now maybe, people will research this story and apply it to their situation and find a way to better it. Star for u for being critical

posted on Dec, 12 2013 @ 08:19 PM
Posted earlier here

Please add further comments to the ongoing discussion in the above linked thread.

**Thread Closed**

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