Here is a brief article on the banking situation in Cyprus (Hat Tip: Gary North – TeaParty Economist) from the bureaucrats of the island. I’m sure he (the president) was pained by his decision as his money probably left last week for Germany, US, China or somewhere else before making this decision for his ‘fellow countrymen/women’. I wonder where this guy got his ‘advanced’ education and where his loyalties truly lie (I like that word).
Only God knows what is to come in our land of ‘freedom’ and ‘liberty’.
What will eventually happen in the US? Will we go the way of Argentina where the gov’t steals your retirement accounts for the good of the State (e.g. bureaucrats and politicians) or will the Government just outright tax your hard earned money to continue the Shenanigans of the State?
The Kansas Kracker