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EU officials are now swarming over Cyprus threatening to cut off funds to Laiki , Cyprus’ second largest bank if the deal does not go through. Nonetheless, Cypriot politicians are balking because they know what will happen to those who go along with EU blackmail threats
The pertinent question for today is “How many lies will people believe?” I ask that because a German government spokesman says The compulsory levy to pay the depositors in Cyprus, was a special case as Merkel guarantees German deposits for the first time since 2008. The compulsory levy to pay the depositors in Cyprus, is a “special case”, says the Chancellor.
Inquiring minds are wondering about the terms of the bailouts imposed upon citizens of Cyprus. I am one of them. In Cyprus Details: Blackmail, Bulldozer Threats, Bank Holiday to Tuesday; Reflections on Arrogance and Idiocy , I made the claim that Cyprus depositors need not be liable for any of this
As details of the EU’s heavy handed blackmail of Cyprus come pouring in, the volatile reactions mount as expected. Cyprus President Statement on Confiscation of Accounts 5
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional.
Hank Roberts said… how far we’ve come: "We describe Dispute Finder, a browser extension that alerts a user when information they read online is disputed by a source that they might trust. Dispute Finder examines the text on the page that the user is browsing and highlights any phrases that resemble known disputed claims.
Also note that EU Court Strikes Down Spain’s Eviction Law . Think the parlay of EU contagion-begging actions for a second. Spanish banks will not be able to evict homeowners, who in turn will be give reason to default.
View the original here: Cyprus Rapes Citizens with 6.75% to 9.9% "Tax" on Deposits; Contagion of Idiocy is Everywhere
Read the original post: EU Court Strikes Down Spain’s Eviction Law; Was This a Good Ruling?