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Icelanders protest over banking crisis
November 9, 2008 - 8:08AM
Thousands of demonstrators have taken to the streets of the Icelandic capital Reyjavik to call on the government to resign and for banks to be more open about the country's financial crisis.
Between 3,000 to 4,000 protesters turned out on the fourth consecutive Saturday of demonstrations, with numbers growing each week.
The island's economy is heavily reliant on its financial sector and has been brought to its knees by the global banking crisis. The local currency, the krona, has lost 40 per cent of its value since the beginning of the year.
Many Icelanders, heavily indebted, have lost large sums of money.
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http://news.theage.com.au/world/icel...1109-5kp3.html
Mounting protests in Iceland, police pushed aside.
A protest took place today outside the Icelandic parliament building. Motorcyclists
protested in a very symbolic manner, reving their engines in tandem churning their tires till the parliament building seemed to go "up in smoke".
Afterwards a lone protestor managed to make his way to the roof of parliament and raise the Bónus flag, Bónus is Iceland's staple grocery store whos owners have been highly controversial in the past. The act was testament to what seems to be happening in the halls of power. Iceland needs help but its not for sale.
As the protestor tried to make his way down from the roof the police removed the ladder he had used to make his way up. By this time some of the 5000+ people (note: this is a significant number of people for a country with a population of 300.000) that had assembled outside parliament gathered at the side of the building in support of the lone protestor. Eventually the crowd pushed their way passed 2 police officers and the cities chief of police was literally backed into a corner.
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http://www.ireport.com/docs/DOC-142910
Not enough police, I don't think this will be a problem in the US
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