Why Did The Media Keep The Recent Peaceful Icelandic Revolution Quiet?

iceland

Did you know about the peaceful Icelandic revolution that took place over the last 5 years? If you didn’t, it is likely because it was never televised or talked about very much at all on mainstream news. One would have to be part of the right websites or Facebook pages to even find out that this has been going on. Why is this the case? Why keep something so monumental hidden from the public?

First let’s discuss what took place with this revolution, then it will become much more clear as to why this was never televised.

It was during a time of a lot of financial turmoil around the world and stories were popping up all over the news of how banks around the world had been crushing or minimizing rebellions by receiving massive bailouts to keep them alive. The Iceland story is different because there was no crushing or ending the rebellion, instead, the people rose up. This is why this was not seen on TV anywhere. If the rest of the world knew that the people won, it may give them some ideas.

During the financial turmoil of 2008 and 2009, the people of Iceland forced their government and banks to resign. How did they do this? Peacefully. The following is a summation of what steps they took over a process of several years, and it all began with each one of them realizing this couldn’t continue.

2008 – The main bank of Iceland is nationalized. The Krona, the currency of Iceland devaluates and the stock market halts. The country is in bankruptcy.

2008 – Citizens rise up at Parliament and succeed in forcing the resignation of both the prime minister and the effective government. New elections are held. Yet, the country remains in a bad economic situation. A Parliament act is passed to pay back 3,500 million Euros to Great Britain and Holland by the people of Iceland monthly during the next 15 years, with 5.5% interest.

2010 – The people of Iceland again take to the streets to demand a referendum. In January of 2010, the President of Iceland denies approval, instead announcing a popular vote on the matter by the people.

In March, a referendum and denial of payment is approved by popular vote of 93%. Meanwhile, government officials initiate an investigation to bring to justice those responsible for the crisis. Many high level executives and bankers are arrested. Interpol dictates an order to force all implicated parties to leave Iceland.

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