I for one am not going to participate in this distortion of democracy which has brought us a national referendum on IceSave.
Of course I would say no to paying for the insane way Landsbankinn went about its business. Today, Halldor J. Kristjansson, one of their CEO’s is on record saying that there were meetings in February 2008 between the banks and the government about an impending collapse, yet they continued on to open the IceSave accounts in the Netherlands two months later.
But in a discussion dominated by the frantics, Bryndis Hlodversdottir, law professor at Bifrost University has come up with the most rational input regarding the referendum so far. In order for it to be democratic the following has to apply:
1) The question has to be clear and answerable with a yes or a no
2) All relevant information must be openly available for the public to be able to form an opinion.
3) The consequences must be clear.
None of these parameters are met with this ridiculous referendum. So for the first time since I was old enough to vote I will stay away from the voting booth. This farce served up by a lame-duck president and a Progressive Party pressure group called InDefence has nothing to do with democracy and I want nothing to do with it.
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Jerry
1 year ago
Whatever happens in the referendum and afterwards is irrelevant. Iceland is a busted flush as regards loans. Their creditworthiness will be zilch for many years into the future. When their government reneged on the 20,883 Euro guarantee, that finished them off. Iceland can now join Zimbabwe in a currency union.