Skip to main content

View Diary: BREAKING NEWS: Parliament of Cyprus Rejects "Bailout," Bank "Haircut" (143 comments)

Comment Preferences

  •  This vote is just a temporary setback for (2+ / 0-)
    Recommended by:
    Chi, JesseCW

    the banksters.  One very telling feature is that 1/3 of the votes were abstentions. Why would these members of parliament not vote against the proposal unless they intend to vote for something in the future?  I suspect a lot of pressure will be placed upon the 36 yes votes. The banking cartels will not give up easily and some form of gaining their pound of flesh from the people of Cyprus will be resurrected and repackaged.  The banksters are a criminal enterprise and unfortunately, they will probably win in the end.

    "Growing up is for those who don't have the guts not to. Grow wise, grow loving, grow compassionate, but why grow up?" - Fiddlegirl

    by gulfgal98 on Tue Mar 19, 2013 at 02:31:19 PM PDT

    •  Not so certain (5+ / 0-)

      The EU's bluff was called and they've been unmasked for the liars and crooks that they are.  Merkel and Schauble are already whining about how "unfortunate" the vote in the Cypriot parliament was.  The banksters may be criminals, but precisely because they are criminals, someone had to stand up to them.  For three years, the EU and its austerity-driven insanity has run amok and destroyed thousands of lives and businesses in the process, without any consequences for those who devised these policies.  Perhaps one small country finally standing up to this blackmail will encourage others to do the same, regardless of what the banksters try to do.

      As for the abstentions, they are from the ruling party.  But even if the abstentions became votes in favor of such a haircut, it would not pass.

    •  I think the 36 votes you referenced (3+ / 0-)
      Recommended by:
      neo11, gulfgal98, mrkvica

      were actually NO votes.  There were no YES votes.  There were 19 abstentions, however.  If I'm wrong on this, my apologies in advance.

      "A voice is heard in Ramah, weeping and great mourning, Rachel weeping for her children and refusing to be comforted, because they are no more." - from the prophet Jeremiah

      by 3goldens on Tue Mar 19, 2013 at 02:46:59 PM PDT

      [ Parent ]

      •  Correct (2+ / 0-)
        Recommended by:
        3goldens, gulfgal98

        You are correct.  36 against, 19 abstained.

      •  oops! (2+ / 0-)
        Recommended by:
        3goldens, mrkvica

        I typed yes when I meant no.  Thanks for the correction.  The rest of my post stands.  I still believe that this is not going to go away after one negative vote of parliament.

        "Growing up is for those who don't have the guts not to. Grow wise, grow loving, grow compassionate, but why grow up?" - Fiddlegirl

        by gulfgal98 on Tue Mar 19, 2013 at 02:56:16 PM PDT

        [ Parent ]

        •  No, but... (3+ / 0-)
          Recommended by:
          DRo, 3goldens, gulfgal98

          No it's not going to go away, but now a new precedent has been set: actually standing up to the EU and IMF bullying and blackmail.

          •  Could Cyprus (3+ / 0-)
            Recommended by:
            3goldens, gulfgal98, nchristine

            find themselves under the thumb of Russia instead of the EU? And do you have any info on the reported find of natural gas, could this in part be a resource grab?

            Be the change you want to see in the world. -Gandhi

            by DRo on Tue Mar 19, 2013 at 03:04:59 PM PDT

            [ Parent ]

            •  Yes (5+ / 0-)
              Recommended by:
              3goldens, DRo, limpidglass, gulfgal98, mrkvica

              Yes, Cyprus could find itself under the thumb of Russia.  But let's not jump to conclusions yet.  And I'm not sure that with the EU's actions in Greece, Portugal, Spain, and elsewhere, that being under the thumb of the EU is any better.  Some might say it's worse.

              As for the resources, they are there and they are very real.  It was reported just four days ago that Cyprus may have as many as 60 trillion cubic feet of natural gas under its waters.  One would have to be really naive to think that that was not on the EU's mind (or Russia's, for that matter), along with Merkel's good friends in Ankara.

        •  You're always so reliably accurate in your (1+ / 0-)
          Recommended by:
          gulfgal98

          diaries and comments,  I figured it was just a typo but didn't want you to be unaware of it.

          "A voice is heard in Ramah, weeping and great mourning, Rachel weeping for her children and refusing to be comforted, because they are no more." - from the prophet Jeremiah

          by 3goldens on Tue Mar 19, 2013 at 03:11:53 PM PDT

          [ Parent ]

          •  Thanks...my excuse is (3+ / 0-)
            Recommended by:
            3goldens, marsanges, mrkvica

            that I am battling a nasty head cold and today is the heavy sneezing day.  My brains are locked up in my sinuses and my sinuses are winning.  LOL

            "Growing up is for those who don't have the guts not to. Grow wise, grow loving, grow compassionate, but why grow up?" - Fiddlegirl

            by gulfgal98 on Tue Mar 19, 2013 at 03:29:32 PM PDT

            [ Parent ]

            •  Been there--I call it Brain Fog! (1+ / 0-)
              Recommended by:
              gulfgal98

              Hope you're feeling better soon.

              "A voice is heard in Ramah, weeping and great mourning, Rachel weeping for her children and refusing to be comforted, because they are no more." - from the prophet Jeremiah

              by 3goldens on Tue Mar 19, 2013 at 03:41:51 PM PDT

              [ Parent ]

              •  It is always self limiting (1+ / 0-)
                Recommended by:
                3goldens

                Three miserable days and then onward.  There are certainly a lot worse things in life than a head cold.  Thank you for the well wishes.

                "Growing up is for those who don't have the guts not to. Grow wise, grow loving, grow compassionate, but why grow up?" - Fiddlegirl

                by gulfgal98 on Tue Mar 19, 2013 at 03:56:37 PM PDT

                [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site