I think you are right. They will vote this down and default. Probably they will pull out of the EU.
You were shocked - SHOCKED, you say - at the very idea that the government of Cyprus would order banks to seize 10% of every bank account and hand the money over the government? Well … excuse me for being rude, but maybe if you had been spending a better part of the last 20 years paying attention to the atrocities that happen with nauseating regularity in Washington, instead of going into an annual swoon over March Madness and/or the Oscars, or blindly tuning in to Entertainment Tonight every evening rather than an actual newscast, you might have seen this...
- Quotes of the day Allahpundit 5 hours ago
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- Sebelius: Why, no, we have no idea who’s paid for their ObamaCare plans Mary Katharine Ham 7 hours ago
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- Obama to Putin: It’s not too late to rethink this Crimea thing, you know Allahpundit 8 hours ago