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Let me get this straight: The U.S. government is worried that Americans may not be doing a good enough job of managing their money and so is considering taking over management of retirement plans? What next? Maybe the Mafia will say that they're worried that Americans are too prone to violence and so they'll offer conflict resolution services.
The small country of Cyprus is giving the world a grave reality check today by reminding everyone that government money is simply the people's money redistributed as the European Union prepares to seize private bank account savings in order to bailout years of bad economic decisions.
The surprise decision by euro zone leaders to part-fund a bailout of Cyprus by taxing bank deposits sent shockwaves through financial markets on Monday, with shares and the bonds of struggling euro zone governments tumbling.
The bloc struck a deal on Saturday to hand Cyprus rescue loans worth...
Is there someone with a BRAIN in there?
We should be asking you that question.