Tomorrow is the first national referendum Icelandic citizens have been allowed to participate in by the political elite since the conception of the republic in 1944. By all measures, this should be a happy day for democracy in Iceland. But instead it is not a cause for celebration but a large milestone in the farcical [...]

If you are a foreigner taking a look at the national referendum this Saturday, please don´t make the mistake of thinking it is about IceSave. It is all about internal, Icelandic politics. Those who will vote yes are voting for the government to stay on (Social Democrats and those who still think Steingrimur J. Sigfusson [...]

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 [...]

The rationale for a representative democracy is that the issues facing a government are too varied and detailed to expect the electorate to adequately study each issue. The fear is that modern propaganda can be used to bamboozle the masses into agreeing to laws that are not in their best interest or to permit a [...]

I don’t know about you but I have no desire at all to have the InDefence group appear on my nation’s behalf at the Dutch Parliament. “The InDefence group organized a petition in Iceland asking the president of Iceland not to sign the Icesave laws. The petition was signed by close to 25% of voters in [...]

  Exceptional circumstances call for exceptional thinking, approaches, measures and solutions. No matter what the future departs, Iceland is still an independent nation with a voice. The Presidential decision to submit the entry into force of the new law to national referendum has  called world-attention. Icelanders need to stand together and get the world to [...]

Silfur Egils, the talk show was packed yesterday with lots of good information. You can watch it here at Lara Hanna’s blog. Many of the interviews are in English, including Eva Joly, Alain Lipietz, Michael Hudson and Gerard Van Vliet. Gerard is the spokesperson for the Dutch savers who haven’t been reimbursed for the money [...]

A Facebook discussion started yesterday Status: KK Do you really think you know the IceSave agreement well enough to make a decision on whether it should stand or not? I hear so many people talk about it who I doubt have informed themselves enough about the issue. IJ That is exactly right, what information do [...]

Time will tell but maybe Olafur Ragnar Grimsson’s decision to stir things up in the IceSave matter will lead to a better deal for Iceland, and as a lesson to the world community that the global financial system has some extremely large holes which need to be addressed. One thing is certain, if IceSave was [...]

Trying to educate myself enough about IceSave to be able to responsibly vote in a national referendum I find myself having 22 open tabs with different articles, pdf’s and documents. I haven’t even begun to make my on-line news-round today. I trust that everybody else who is going to vote is doing the same amount of research. [...]