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This is a great, feel good story and a lesson in what America can become if We the People take the power back from those that hold it at the present.
Iceland was the first nation to collapse in the recent economic catastrophe. It's enormous debt came as a result of risky investments and speculation from non-Icelandic banks. The people kicked the bankers out and when their government tried to make them pay the debts of the banks they threw their government out as well.
Now they have a new constitution which protects their individual liberties, protects them from speculative economic gambling practices, and assures the people that, through direct democracy, they have a say in their government.
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