about bailing out all this lazy dead beat countries. That's what it's about.. They better not do this in the U.S.
Sentiment: Strong Sell
When you have such a high unemployment taxing the deposits is the only way to raise cash. Increasing taxes on income doesn't help much because in most places taxes are already up to 60% if you included sales taxes, state , fed, property and more...
It is about revenue and they found a way to generate by taxing deposits, next they will raid pension funds, 401ks and gold
A brilliant plan, tax deposits and cause bank runs! Are these guys smart or what?