Cyprus Takes More Deposits, But From Fewer People So Now It’s Okay or Something

by Mike on March 25, 2013

in Economy,Europe,Politics

A few days ago, it looked Cyprus was about to raid the nation’s bank accounts in order to get a bailout from the European Union.  But because people saw how unfair it was to steal from people just because they wisely saved money over the course of a lifetime, a backlash ensued that forced Cypriot leaders to rethink the whole idea.  And now they have.  Rather than stealing up to 10 percent of everyone’s bank accounts, those with total deposits under 100,000 Euros won’t have any of their money stolen, but those with deposits over 100,000 Euros will now have up to FORTY percent of their deposits seized.

You see, the first proposal didn’t stand a chance because it made too many people an “other,” which in effect, made no one an “other.”  But by reducing the amount of “others” while taking more from those “others,” fewer people are now sufficiently concerned about the government raiding bank accounts to mount a serious opposition to the repulsive plan.  As a result, Cyprus is now refraining from punishing everyone who saved, only those who were kind of good at it over the course of a lifetime.  So if you sacrificed just a little and built up a small nest egg or none at all, no worries; you’re safe.  But if you spent an entire lifetime making financial sacrifices and denied spending money on your own family and in the process , built up a moderately-sized or large nest egg, too f-ing bad.  You’re someone else, not me.  And your money belongs to someone else, not me.  So whatever.  Eat me last, alligator!

On the bright side, business might start booming for those in the mattress industry.

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Farage: “This European Union is the New Communism” | Axis of Right
April 22, 2013 at 5:34 pm

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alaska emedia October 9, 2013 at 7:12 am

Incredible! This blog looks just like my old one!
It’s on a entirely different subject but it has pretty much the same page layout and design.
Superb choice of colors!


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