This is how you roll. Just tell the citizens to shut up while we take 10% of your money to bailout the assholes who caused the problem.
( http://www.reuters.com/article/2013/03/17/us-cyprus-parliament-idUSBRE92G03I20130317) In a radical departure from previous aid packages, euro zone finance ministers want Cyprus savers to forfeit a portion of their deposits in return for a 10 billion euro ($13 billion) bailout for the island, which has been financially crippled by its exposure to neighboring Greece. The decision, announced on Saturday morning, stunned Cypriots and caused a run on cash points, most of which were depleted within hours. Electronic transfers were stopped. The source said the discussions had the "blessing" of a troika of lenders from the European Commission, the IMF and the European Central Bank. It gets better. A lot of money in Cyprus is British money, particularly soldiers who are stationed there. The British government has said it will reimburse its soldiers, meaning the British tax payers is being hit up to pay for the financial problems of Cyprus. ( http://www.dailymail.co.uk/news/article-2294971/The-great-EU-bank-robbery-British-taxpayers-bail-victims-outrageous-raid.html) UK taxpayers will have to compensate thousands of Britons hit by a shock raid on bank accounts in Cyprus. The debt-stricken island, which is home to around 3,000 British military personnel and civil servants, is being given an £8.7billion EU rescue package. But in a move condemned as robbery Germany says it will not fund the emergency deal unless every saver with a deposit account contributes via a bank tax. Account holders will lose 9.9 per cent of all deposits over 100,000 euros (£85,000), with a 6.75 per cent levy on smaller amounts. George Osborne said last night the Treasury will help out military staff and officials. But it is thought 60,000 other Britons, including holiday homeowners and expats, will lose out. They are thought to have about £1.7billion in Cypruss banks exposing them to a potential levy of at least £115million or an average of £1,900 each. In yet another eurozone crisis: * Cypriot banks banned online transfers and emptied cashpoints to stop withdrawals; * The levy could be automatically taken from accounts as early as Wednesday; * British tourists were told to ensure they had multiple sources of money; * The chief minister of the euro area refused to rule out similar levies elsewhere; * Analysts said the raid could fall foul of the European Convention on Human Rights; * Traders are braced for turbulence on international stock markets today. Freeze those citizens accounts. Make sure they can't protect their money. Yeah, I'd could see that being a Human Rights violation. J - Ninety percent of politicians give the other ten percent a bad reputation. - Henry Kissinger Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel. - Jo ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:361929 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
