4 ms·
It's theft, plain and simple. The Cypriot people are not being asked if they want to sacrifice their savings - it is being taken from them by force!
by bitcartel 14y ago
It's theft, plain and simple.
The Cypriot people are not being asked if they want to sacrifice their savings - it is being taken from them by force!
- deleted 14y ago[deleted]
- seanmcdirmid 14y agoWell, the euro zone doesn't have to help Cyprus put and just let them collapse. Maybe Greece could sell the other half of Cyprus to turkey to get some extra needed cash...what is a better option?
- omgyeah 14y agoMaybe you could sell some of your parents organs and buy a new car? What is a better option? Maybe don't buy a new car? Let them rot. They're too far away. I can't smell the foul scent. I don't care.
- seanmcdirmid 14y agoI'm sure the Cypriots don't want to rot, so why not take the EU bail out? Yes, they lose 6-10%, but that is much better than 100%. And the Russia mafia won't be that angry.
- omgyeah 14y ago1: Because it's not a solution. 2: It's a temporary measure that will only lead to a worse temporary measure. 3: GOTO 2;
- seanmcdirmid 14y agoSo what was the right solution? Kick Cyprus out of the EU and let them scavenge for themselves? Letting the banks fail might attract an invasion from Russia, and then it becomes a NATO problem....such a mess.
- omgyeah 14y agoThere ain't no right solution. That's the biggest problem of them all. Earlier, in biblical period, god would flush the toilet and things would start from scratch. Now, we can't afford to flush.
- seanmcdirmid 14y agoI'm not really sure how useful this kind of thinking is, but I understand what you mean.
- omgyeah 14y agoIt's like being trapped under water. We know that the oxygen will run out at some point. And there is nothing that we can do about it. Also, there is nothing useful about realizing it. We simply have to accept it.
- vacri 14y agoGood old libertarians - everything is about money and force. The money isn't being taken by force. Money is a social construct, and the people in charge of taking care of that social construct are fiddling with the numbers. There are no jackbooted thugs going into people's homes and relieving them of physical property, which is what you're alluding to. Whethere it's morally right or not (or somewhere in-between) is a wholly different question, which isn't helped by hyperbole like you're presenting here.
- omgyeah 14y agoWell... There are 5,000-euros suited thugs sitting in their offices relieving people of fiscal property. Which is exactly the same as jackbooted thugs going into people's homes and relieving them of physical property. And it's morally wrong. Like putting tags on people to make fun of them.
- st0p 14y agoThey don't have anything to be asked, since they're bankrupt.
- omgyeah 14y agoThe local governments and the local banks are bankrupt. The local people are not bankrupt. But they are soon-to-be.
- konstruktor 14y agoTheir elected officials accepted a deal that involved this haircut. That's hardly by force.
- omgyeah 14y agoExactly! The problem is that the elected officials promised the exact opposite, in order to get elected.