This is just the Beta test....if Cypriots swallow the load then you can be sure that the Spaniards are next....it's not like any of these people have guns and could put up resistance or anything!
The reason these countries have to steal directly out of their citizen's bank accounts is because the US Dollar is not the currency used in major commodity transactions (think OIL).
Here in the United States the Obama administration can just print more money......it's a far more clever way to steal from the population.
But most people live in a state of denial (Don't Even Notice I'm Always Lying)....they're lying to themselves that "it won't happen to us....not here".
Then they're shocked when the *&#^ hits the fan.