|Location map: Cyprus (dark green) / European Union (light green) / Europe (dark grey); inspired by and consistent with general country locator maps by User:Vardion, et al (Photo credit: Wikipedia)|
(1) The banks cannot be trusted with our money anymore.
(2) It is proof positive that, as this was a motion put forward from Brussles through the European Union, that the EU is nothing short of being a dictatorship.
How do the banks expect us to trust them with our money when this Cypriot bank raid is an example of what to expect when our governments squander our tax and national insurance contributions.
If this robbery goes ahead it will have more severe repercussions than the option of allowing Cyprus to be declared bankrupt.
We have little trust in the banks as it is, what with the over inflated wages and bonuses of the top brass even when they are showing losses.
That along with the bail out that has led to the shambolic state of the world economy, I think it would be very foolish of any bank, or EU proposal to go ahead with this theft of honest hard working peoples money.
It is totally ludicrous to think that when a government squanders its own coffers, accumulated by their taxpayers, that they can plunder the same taxpayers savings, all of whom knew how to budget and save for a rainy day, unlike the elected idiots that we get lumbered with nowadays.
It is a sad day when the banks that we thought were keeping our money safe can not only close to prevent any withdrawals, but can steal from us too.
If this raid is successful in Cyprus, then it can happen to savers anywhere in the world, and it will probably be only a matter of time before it is enforced somewhere else.
European leaders had better beware, because people do not stand for these disgraceful actions anymore and it will lead to mass riots, brought on by the incompetence of government and banking policies.
The next thing you will hear on the news will be them wondering why it is happening, decrying the riots and coming out with some pathetic reason as to why the ministers who are the cause of them in the first place, should be listened to.
Europe had better watch out, or it won't just be Arab uprisings that will be grabbing the headlines.
There is already RIOT in the spelling of Cypriot, soon it will be on the streets, and rightly so.
As for the dictatorship of Europe, it will eventually crumble just like all the other attempts of country unification.
The USSR and Yugoslavia to name but two.