Nov 25, 2008

Like Iceland, America Still Needs Change

By Bill Wilson

There are protests by the thousands before the legislature. There are demands that elected officials step down. There are further demands that the head of the central bank resign. Gudrun Jonsdottir, a 36-year-old office worker, said: "I've just had enough of this whole thing. I don't trust the government, I don't trust the banks, I don't trust the political parties, and I don't trust the IMF. We had a good country and they ruined it." That about sums it up. We had a good country and they ruined it. Jonsdottir is speaking, of course, about his small nation of 320,000 people-Iceland. As reported by the European news source, the Scotsman, Iceland has had a financial meltdown and the people are fed up with their leadership.

The Scotsman reports that this week Iceland received a $10 billion-plus loan from the International Monetary Fund and several European nations to help bail out the small island nation from its financial woes. That amount would equate to about $31,250 per man, woman and child living in Iceland. The Scotsman reports that despite the intervention, however, Iceland still faces a sharp economic slowdown and surging job losses while at least one-third of Icelanders are also at risk of losing their homes and life savings. And Icelanders are pretty upset about their circumstances-so much so that police are staving off near riots on a regular basis.

Now here is a case where the people are fed up and they are not going to take it anymore. They are calling for a complete resignation of the elected government and the banking industry, whose members Icelanders perceive are responsible for the problem that will now be fixed at their expense. But elections are not slated until 2011. Meantime, the citizens are isolated amid mounting debt and solutions to the country's problems in which they have no confidence. Could this situation in Iceland look like a fast forward of America in a few months to a year? After all, President-elect Barack Hussein Obama's new economic team is actually the same old financial whizzes that helped get America into its problems.

People might say "give them a chance." But in reality, they already have had their chance and they made money while ruining the economy with their schemes and they will be rewarded with hard-earned taxpayer dollars while trying to fix the problem they helped create. Icelanders are finally realizing that the entire gaggle of elected leaders and their appointed henchmen need to be turned out and replaced with common-sense representatives of the people who will protect the interests of the nation rather than pad their own pockets at everyone else's expense. Proverbs 14:34 says, "Righteousness exalteth a nation: but sin is a reproach to any people." Maybe it is still time for a change.