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User Name Thread Name Subject Posted
GUEST,Backwoodsman BS: Cyprus Govt - Theft of Savings (63* d) RE: BS: Cyprus Govt - Theft of Savings 18 Mar 13


What you and many of the other posters seem to be conveniently ignoring is the iniquity of bullying Germans being able to dictate a tax policy in another sovereign state, a policy which punishes not the ones who brought about the situation and, allegedly, laundered Russian money - the banks - but innocent people, the Mr. Average-Small-Savers, who trusted the banks and who provided the banks with funds.

Read the article I linked to in my OP, which explains how the terms of the rescue, including the theft of savings of ordinary people, break the two central principles on which the reform of the system of mending broken banks.

As I said in the OP, it's Cyprus taking the bully's shit this time - who will be next? I hope the Italians have got eyes in the backs of their heads.


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