Cyprus on Townhall

Reuters News - Fri Mar 22

Mike Shedlock - Thu Mar 21

In essence, the system is one giant Ponzi scheme (not just in the US but everywhere), kept afloat by wizards willing to ramp money supply every time big banks get into trouble. ... more

Rachel Marsden - Tue Mar 19

The European Union's $13 billion bailout plan for Cyprus has nothing to do with socialism but rather with much greater stakes. This is the EU attempting to outmaneuver an uncharacteristically flat-footed Vladimir Putin and Russia in a key battleground, over long-festering issues: transparency, corruption, and support of Syria and Iran. ... more

John Ransom - Tue Mar 19

With liberal ideas firmly in the saddle, civilizing us, so to speak, we no longer applaud Depression-era bank robbers. Instead, today, we send them to Congress, or parliament, or the legislature, where governments try to achieve folk hero status by robbing banks and depositors alike. ... more

Ransom Notes Radio - Tue Mar 19

All depositors in Cyprus will see the government reaching into their bank accounts to fund a bailout for the country. The idea is so bad. . . You would almost think it was hatched in California. ... more

Daniel J. Mitchell - Tue Mar 19

It doesn’t create a lot of confidence in Europe that tiny little Cyprus, with a GDP less than Vermont, is now causing immense turmoil. ... more

Bill Tatro - Tue Mar 19

Via Executive Order 6102, the government confiscated all gold and gold certificates, exchanging them for paper. Consequently, if you didn’t surrender your gold, you went to jail. The price of gold was set at $20.67 per ounce. ... more

Neal Boortz - Tue Mar 19

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? ... more

Rich Galen - Mon Mar 18

As I mentioned in Friday's Mullings I was in Marietta, Ohio 45750 to participate in the groundbreaking for the home of SP4 Kyle Hockenberry who lost both legs and his left arm in an IED attack in Afghanistan. ... more