Robbing your Bank Accounts - Cyprus style, coming to a banking center near you!
Cyprus govt needed a bail out from their central bank with one proviso. The central bank will "tax" ( aka rob) 9.8% on all deposits over E 100, 000. all other accounts will be taxed 6.7%. Cypriots who foud out and tried to withdraw their funds via ATMs found out they couldn't.
Coud America do this to us? I have a large trench dug in my backyard....bwahahahahaha. "the problem with socialism, is running out of other people's money to spend"....Maggie Thacher
Brace America....The money in Your bank account does not belong to you, America.