Cyprus Central Banks Cowards Pick On Depositors Because They "aren't organized like the bondholders"
Chilling anyone who wants to use a bank other than getting free pens for XMAS, Cyprus rules the roost as the biggest cowards in the universe, and kills everyones buzz in a killing field that will last all week before they wake up and smell their own BS.
Gruesome. You steal $50 you go away for years. The govt and the banks steal 6-10% of your innocent savings, and they're fiscal heroes and you're defenseless prey.
TURNS OUT THAT MOST OF THE MONEY TAKEN VIA THIS MANUEVER WAS FROM RUSSIAN AND OTHER CRIMINALS WHO USE CYPRUSS, AMONG OTHER PLACES, TO HIDE THEIR STOLEN LOOT, AND/OR TO DODGE TAXES... This money is to be used to, in effect, bail out the government and people of Cyprus.... ROBIN HOOD STRIKES THE SUPER RICH CRIMINALS TO HELP ORDINARY PEOPLE... No wonder Republicans and the far right are so worried... SUPER RICH CRIMINALS HAVE 32 TRILLION...you read that right...32 TRILLION... ON DEPOSIT IN OFF SHORE TAX HAVENS DESIGNED FOR RICH CRIMINALS LIKE DRUG LORDS AND REPUBLICAN PRESIDENTIAL CANDIDATES.
So there are "Russian criminals" who allegedly use Cyprus to hide their ill-gotten gains, eh? So that justifies the government confiscating EVERYONE'S money??? That makes a lot of sense, but only to a #$%$