The News In Shorts

How the news would look if everyone stopped waffling and told the truth.
Showing posts with label Cyprus. Show all posts
Showing posts with label Cyprus. Show all posts

Wednesday, 20 March 2013

Cyprus Says "No!"

It is sometimes difficult to understand what politicians use for brains. This week the EU literally ambused Cyprus and threatened them that of they didn't grab 10% of their citizens savings then the island would face bankruptcy. This was the best they could come up with - a strategy that threatened to undermine confidence in banks across Europe and start a run on them not seen since 1929. The Cypriot negotiators flew back to Cyprus, told their citizens what was about to happen and then stared into the headlights like so many startled rabbits. The people of Cyprus, quite understandably, told their politicians to go shove it and their government then failed to vote for their own policy. There is an alternative, but the EU isn't going to like it. Cyprus could sell off the gas that has been discovered off its shores to the Russians. This would give the Russians an even tighter grip on energy in Europe and allow them a sphere of influence in the eastern Mediterranean both of which would be far from welcome. All of this could have been predicted by almost anyone other than a European politician who seem to have their heads firmly planted up their nether regions.

Saturday, 16 March 2013

Cypriot Government Steals Savings.

If you have ever wondered how far a government will go in order to save the banks from themselves then look no further than Cyprus. The government there has negotiated a 10 billion Euro loan from the EU to bail out their criminal bankers and, to get it, they have levied a 10% tax on all savings. Cypriots and expats immediately rushed to the cash points to remove their money only to find that they were allowed only to remove 90% of it. The Cypriot government had not only literally stolen their money, they had also made secret plans to prevent savers from removing it in advance of the news breaking. In Britain the Tories are persecuting the vulnerable and making the poor even poorer while attempting to steal the NHS in order to flog it off to the highest bidder. Meanwhile the Lords are cutting the wages of their waiters so they can continue to enjoy the best food available at the lowest cost to themselves. Across Europe this is what "we're all in it together" means. Money is being diverted to the already wealthy, assets are being stolen, the rich are getting even richer and a new world is being made fit for criminals and their political lapdogs to live in. These so-called politicians are making a mockery of the word democracy and are trampling to concept of the sovereignty of the people in the dirt. There is no crime they won't contemplate, no swindle they won't try and no lie they won't tell to save themselves, their money and their privileges.