Sunday, March 17, 2013

Cyprus Rescues Banks at the expense of depositors

The Cypriot government has agreed to seize up to ten per cent of people's  bank savings and use the money to bail out the island’s crisis-hit banking system. The move sparked panic and violent protests yesterday as crowds desperately tried to withdraw their money at cash machines.

Could this happen to us? Read about all of Obama's tax increases.

Read more... at Mail Online.

Read what Obama is doing

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