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

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  •  A lot of very poor people are unbanked. I have (3+ / 0-)
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    nchristine, mrkvica, neo11

    no idea if Cyprus resembles the US in that regard, and I doubt you do either.

    That still doesn't explain why you think some bakery worker with 2.500 euro to their name should be thrilled to have 150 yanked to pay off the bad gambles of some bank executive whose pay package hasn't been touched.

    income gains to the top 1% from 2009 to 2011 were 121% of all income increases. How did that happen? Incomes to the bottom 99% fell by 0.4%

    by JesseCW on Tue Mar 19, 2013 at 06:21:50 PM PDT

    [ Parent ]

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