Torfason was already in his 60’s when he inspired the Icelandic people to take action after the country’s economic crash in 2008.
Peacefully, they managed to achieve the resignation of the entire government. Then they re-elected another with the only stipulation being that candidates are adults and have the support of at least 30 people. The Icelandic banks were nationalised and at the start of this year, two former senior bankers were imprisoned.
By gauging opinion on the streets, he devised several demands which reflected the people’s immediate wishes and ultimately resulted in:
1. Resignation of the whole government.
2. Nationalization of the bank.
3. Referendum so that the people can make economic decisions.
4. Incarcerating the responsible parties.
5. Rewriting of the constitution by its people via Twitter and Facebook etc
All of this was accomplished peacefully.
The Icelandic economy improved and two years later is doing better than the European Union. The IMF and other heavyweight economists agree that Iceland did the right thing. Nobel prize-winning economist Joe Stiglitz notes: “What Iceland did was right. It would have been wrong to burden future generations with the mistakes of the financial system.”
Monday, 18 March 2013
7:30pm until 9.45pm
Waged $10 Unwaged $5. Plenty of free parking.
Hillsborough Room, Fickling Centre,
Cnr Mt Albert and Mt Eden Rd,
And Tuesday 19th March 2013-03-02
6.pm – 9.pm
Fisher and Paykel Lecture Hall
Owen Glenn Building
More details (including venues) here:- http://www.theawarenessparty.com/?page_id=3103
We are also collecting essential donations to help with travel costs for Hordur Torfason.
Please send donations to
Hordur Torfason Tour
Nelson Building Society, Takaka
03 1354 0301526 00
You will be able to hear Hordur Torfason on Kim Hill – on Saturday March 16th.
Please suuggest this to your friends. Thanks.