ALG's Daily Grind - Cyprus lawmakers finally agree to steal $17.1 billion of savings deposits

May 1, 2013

 

Cyprus lawmakers finally agree to steal $17.1 billion of savings deposits

Lawmakers approved the measure despite the fact that the size of the savings tax has ballooned by €7.2 billion ($9.5 billion) since March. A previous €5.8 billion ($7.6 billion) savings tax had been rejected by the Cypriot parliament nearly unanimously last month.

Washington's Weird World

Terrorists on the welfare rolls, sequestration payments prioritization, debt ceiling payments prioritization, and yet more stimulus!

The Decline of Virtue

Our republic has devolved into a cynical, numbers-based, group-focused political calculation.  Both parties are hedging their bets on winning the votes of large groups, not principled individuals.

New York Times: U.S. Opens Spigot After Farmers Claim Discrimination

As Andrew Breitbart had warned 3 years ago, and now the New York Times has finally gotten around to noting, the government is settling with $1.3 billion claims of loan discrimination against minority farmers, despite the fact the claims were never proven.