In response to:

EU Goes All Soviet on Rich Russians

Public Citizen Wrote: Mar 26, 2013 3:53 AM
So the next rude question that raises its head is when do Cypriot bankers start to be offered the choice of "our money or your life" by the very powerful people who became very powerful by the application of the appropriate level of force in a power vacuum. There is more than one way for a bank to "fail", it all turns on the perspective of the viewer. From the Russian perspective Cyprus needs a little discipline and provides a useful teaching opportunity by demonstrating to the rest of the EU what range of possibilities happen to people who have failed in their duty to safeguard significant sums of money. The Germans know full well what the Russians are capable of individually and collectively, [continued]
Joseph64 Wrote: Mar 26, 2013 8:27 AM
"So the next rude question that raises its head is when do Cypriot bankers start to be offered the choice of "our money or your life""

This has already happened here in the US when the banks were forced to take bailout money, even if they didn't want or need it, under threat of seizure by bank regulators if they didn't take it.
Public Citizen Wrote: Mar 26, 2013 3:55 AM
[continuation] evidently the other EU countries aren't very good at learning from the experience of others and need a first hand lesson.
The only real question is when does the body count start?

Oh, my gosh; what a great idea: Does Obama even KNOW that he can tax Russian millionaires and billionaires?

Just wait until he finds this new method of taxing and spending. Think of all the bad ideas we can fund with these new “revenues.” 

The European Union and Cyprus teamed up over the weekend to come up with a revolutionary way to destroy confidence in the banking system.

Confiscate the biggest depositors’ money in the country’s largest bank, kill the second largest bank- and just make sure that you only give Cyprus enough money to ensure a...