2011-08-24dailykos.com

``As one European country after another fails or risks failing, imperiling the Euro, with repercussions for the entire world, the last thing the powers that be want is for Iceland to become an example. Here's why... Contrary to what could be expected, the crisis resulted in Icelanders recovering their sovereign rights, through a process of direct participatory democracy that eventually led to a new Constitution... 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.''



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