“The Icelandic people are getting through the crisis by
not bailing out the banks,
but putting them into bankruptcy.”
“It appears clearly that this phony Europe is constructed against the interest of the people and their mode of free and democratic expression”
“The time has come to end the bailout of megabanks and to separate investment banks from deposit and credit banks in order to deprive the speculators of their ammunition.”
“a public system of productive credit has to be created, a system capable of reorganizing our economies, not in the interest of substance-looting imperial monetarism, but in the interest of the creation of resources for the common good.” Jacques Cheminade Candidate for President, France 2012
Iceland. Refusing to bow to foreign interests, that small country stated loud and clear that the people are sovereign.
That’s why it is not in the news anymore. Continue reading