Tuesday, March 19, 2013

Trust us, things are much better now aren't they?

Cyprus is the fifth Eurozone country (out of 17) that has needed a bailout -- and the fifth that is having austerity drilled down the throat of the poor and middle class.


As announced on Saturday, depositors in Cypriot banks with balances of more than €100,000, or $129,500, would have to pay a one-time tax of 9.9 percent on their holdings. Those with balances below that threshold would pay 6.75 percent.

Sorry wealthy people screwed up your economy, give us a big chuck of everyone else's money.

Sounds as fair as usual. [cross-posted at Firedoglake]


Anonymous said...



pansypoo said...

why aren't BANKERS paying for all this?