Democracy hasn’t been doing well lately, or as Arundhati Roy put it “the crisis of modern democracy is a profound one. Free elections, a free press and an independent judiciary mean little when the free market has reduced them to commodities available on sale to the highest bidder”.
The priesthood for the private banker’s theology is all pervasive, and governments have become little more than “escorts” on their payroll. This is all the more peculiar as it should be the legal prerogative of governments of the people by the people to give money its value.
But today we celebrate victory, the people say NO 93,3% – Yes 1,7% to the bailing out of private banks that have pretended to work on the behalf of the people, and in their infinite arrogance, have claimed to be doing Gods Work.
Congratulations Iceland with the National Referendum the first in the history of the Republic.