March 18, 2013

WHO COULD HAVE SEEN THIS COMING? Savings account seizure plan draws fury in Cyprus.

If I were a Republican in Congress, I’d introduce a bill — tomorrow! — banning, and, in fact, criminalizing, such seizures in the United States. That would be popular, and if the Democrats were dumb enough to oppose it, it would make people wonder what they were up to.

UPDATE: The EU Crosses the Rubicon; How Far Behind Is the US?

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