In response to:

Paul Krugman Wins Nobel: Best Supporting Liberal Playing Economist in Cyprus

tgwWhale Wrote: Mar 28, 2013 12:40 PM
The real problem is that once you loot depositors, no one will deposit, and the banking system will collapse. The abject stupidity of lefties never ends. They started giving away money to people who had kids out of wedlock, and are shocked when more and more kids are born out of wedlock! And as the family has disintegrated, our culture has disintegrated, especially in the inner cities. If you subsidize illegitimacy, you get more of it. Of course! Similarly, the blithering idiot Krugman does not see that if you loot people's bank accounts, people will pull their money out of such accounts. This will wreck the banks, which will wreck the economy. To put it simply: dumb; dumber; dumbest; LEFTIST.
RayTheAnarchoCapitalist Wrote: Mar 28, 2013 9:26 PM
Actually I don't see this as a bad thing. We have a terrible banking system and I'll be happy to see it collapse. Logistically it's hard to get around using banks, but i think people should have as little to do with banks as they can.

It’s becoming increasing clear that the latest European financial Crisis-Without-End is largely an exercise meant to grant government more power to steal from citizens. Don’t expect for the phenomena to remain in Europe, either. Obama, John McCain and others who head up the Bad Idea Brigade will likely import it to this side of the world, very soon.

These things, you see, tend to travel from the continent, through England and then to the USA.

Providentially for the Bad Idea Guys, while the European Union (EU) busied itself with stealing money from depositors to “save” Cyprus for the...