Yesterday the number of weekly protestants outside the Parliament doubled to around 8.000. So 2% of the nation gathered in freezing cold to protest against the government, the central bank and the financialy authorities.

Then a small group threw skyr (similar to yogurth) and eggs at the building. Many have condemned the few who do so but compared to what the government has done to its people you would probably find a little food on the parliament walls to be an insignificant retaliation.

Besides, it is our house, not the governments’.

It now looks inevitable that there will be an election this spring as most of the political parties are scrambling to assemble their members for central-meetings. They are trying to adjust to the fact that they now have to answer to the voters, not the money-men.

You can already see some trying to stage an impropable comeback. Valgerdur Sverrisdottir of the Progressive Party will most likely get her party’s leadership position because she has sensed the wind changing and is now strongly for the Euro.

Valgerdur Sverrisdottir, Photo

Valgerdur Sverrisdottir, Photo

What she is also “banking” on (sorry for the pun) is that people will have forgotten that until two years ago she was part of the government majority of the Independent Party and Progressive Party. She was actually the minister responsible for the privatization of the banks and did such a stellar job that a member of the privatization committee resigned, citing corruption. She was also the cheerleader for the big aluminum smelter that needed the building of a massive dam in the east of the country, in the same breath as her party wanted to draw some voters increasing the availability for home loans.

All of which started bubbles, inflation and overheating in the economy.

If Gordon Brown is looking for a political terrorist in Iceland, Valgerdur Sverrisdottir is a shoe-in for the top 10. Let’s see how the voter’s memory works.


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