Courtesy of Goodnight Vienna (one smart lass) I am pointed to this post.
"The Icelandic President Olafur Ragnar Grimson refused to sign the Ice-save bill, which would have obligated the Icelandic tax-payer to pay unconditionally for the debts of the Ice-save division of Landsbanki, a private bank, which had collapsed in 2008. A large percentage of the Icelandic people had signed a petition for the president not to sign the bill and the president listened..........At the moment the decision of the Icelandic president was a victory for the people, a victory for real and direct democracy."
Isn't that how democracy is supposed to work? Politicians say yes, people say no - people win.
Simples!
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