“Over the weekend, Eurozone bureaucrats at a closed meeting came up with a plan. The committee demanded that the government of Cyprus impose a tax of 3% on all bank accounts under $130,000, and close to 10% on all accounts over $130,000. If the government refuses, the Eurozone will not provide a $13 billion bailout for the banks of Cyprus. The story is all over the European press, for good reason. The Eurocrats had always said that bank accounts would be sacrosanct. This announcement says, ‘We lied.’ But they also assured depositors that this will never happen again. ‘Trust us.'”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Reuters: Why Modern Society Must Do Away With Privacy ASAP
PRISM Takeaway: Are We Citizens or Serfs? Should Obama Resign?
What Do Americans Know That Their Government Doesn’t Know?
Hey Ron Paul: Bitcoins really do fit in your pocket! May I explain?
Crisis and Opportunity in the Junior Miners
Just as Happened in Europe, the VAT Is Becoming a Money Machine for Big Government in Japan
What Turbulent Times Mean for Gold
The War On Privacy and Civil Liberties Escalates
Might India Confiscate the Gold of the Temples?
Monetary Madness
Bill Bonner: 'Return to Zombieland'
UN Takes on Al Qaeda in Mali
Japan’s False Dawn
California D.A. Pockets Elderly Couple's $500,000 Bail Bond Money
Ron Paul: Expanding Covert Warfare Makes Us Less Safe