Susanne Posel
Occupy Corporatism
March 19, 2013
The European House of Representative has decided to discuss a drafted bill that would enforce the Eurogroup’s Cyprus bailout.
This bill concerns Cypriot’s savings accounts that would be redirected to the technocrats to assist in paying off the International Monetary Fund (IMF) and European Central Bank (ECB) for the 5.8 billion Euros that was given to the nation to save them from financial ruin.
This scheme has been furthered by the Cyprus President while the House of Representatives has requested amendments to the drafted bill.
The tax on deposits was devised by the IMF and ECB syphoned out money from private customer accounts.
The underlying message is that Cyprus would not have the chance to recover without the bailout and the subsequent theft of customer funds to replace the loan from the IMF.
Banks have closed their doors, refusing customers the chance to take their money out of their accounts. ATMs have begun to run dry, leaving many banking customers to fall victim to the theft of their hard-earned money by the technocrats.-[Full Article]
