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View Diary: NYT: Cypriots Are Ready To Remove All their Money (84 comments)

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  •  Ultimately, speculators lost millions (0+ / 0-)

    of dollars and euros and these bailout plans are asking the working classes to pay the bill.  The people who should get stiffed are the creditors not the depositors.  I am certain there is an acceptable 'haircut' that won't sink the financial system that can be imposed.  In addition, it might act as a deterrent against irresponsible financial transactions in the future.

    Alternative rock with something to say: http://www.myspace.com/globalshakedown

    by khyber900 on Tue Mar 26, 2013 at 08:38:30 AM PDT

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