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===Re-election 2004=== In the [[2004 Icelandic presidential election|2004 presidential election]], Ólafur was re-elected with 85.6% of the valid votes cast, but that election also saw a record number of empty/invalid ballots (21.2%) and an exceptionally low turnout of 62.9% (usually 80–90%), both of which have been interpreted as dissent with the president's decision not to sign a controversial media law. Since then, the issue of a constitutional amendment to revoke the veto power of the president has been raised by the [[Independence Party (Iceland)|Independence Party]]. Some have also wanted to rest that power with the people themselves, who could then force referendums to be held on laws by – for instance – collecting a certain number of signatures.
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