Within hours of the Cruz and Feinstein dust-up, the island nation of Cyprus declared Monday a “bank holiday;” so the government could seize $7.5 billion from private bank accounts by levying a 9.9% tax on large deposits and a 6.75% tax on smaller deposits in order to qualify for another $13 billion loan from the European Union. Bank depositors in Cyprus should feel fortunate according to the Financial Times; as a requirement for new loans.
“The American Exceptionalism Radio Talk Show”
Streaming Live Monday through Friday at 7-10 PM
Follow Blogs: &