Simply a Taking

In Cyprus now, and in other countries later, government is seizing portions of depositors' accounts, now reportedly, forty percent of savings for all but those who hold small deposits. And the BBC describes this outrageous theft as a "haircut". Innocent depositors are now paying for the gross overspending of corrupt politicians and being raped for trusting bankers. If a teller embezzles a little money, he is jailed and never again works for a bank, but if the elite orchestrate the theft of billions, they are feted in the media as saviors of the Euro as they sip the Champagne the common folk end up paying for at the meeting of our global masters in Davos.