Nightmare unfolding in Cyprus, as plan hatched to seize 25% of large bank deposits

Nightmare unfolding in Cyprus, as plan hatched to seize 25% of large bank deposits



A similar “wealth tax” has already been brought into effect in India recently. The Indian government has decided to levy an addittional 10% (‘just for this year”) on those with an income exceeding INR 10000000 (apprx. USD 183,750) as well as those investing in property of similar values. Just because those with such declared earnings are below 50,000 (who in any case are an unrepresented minority), not even a whisper is audible. On the other hand the government has blatantly indulged vote bank politics by marginally lowering income tax for the lowest taxable slab.Forget India. On the news today California just announced a new business tax that will be retroactive for 5 years!!! Geesus, this will fast track any rebellion the elites want to create, what the heck, maybe they are trying to incite WWlll….. Now that IMF has things roiling in Europe, maybe California will be the catalyst that wakes the US people up. I’d say IMF is stirring the pot on purpose then.The excuse that it’s money being laundered from Russia makes no sense. Is the EU now Russia’s law enforcement agency. If the Russian government isn’t worried about where the money came from why is anybody else? The real precedent being set here is that if you deposit your money in a “foreign” bank in a debt ridden socialist utopia you may end up losing it to the bankrupt government. Presumably these accounts full of supposedly illicit Russian money are among the largest in the Cypriot banks and will suffer paying the largest share of the of the debt burden. If the Cypriots don’t cut a deal (drilling rights , basing rights, etc.) to pacify the Russians they won’t receive a dime from foreign depositors for years. What went on behind the scenes here? Did the EU see an opportunity to steal Russian money to collect what it’s owed? Did the Cypriot government see an opportunity to steal Russian money to pay it’s debt? Did the Russians perhaps push for this to gain leverage to get the mineral and basing rights they want? Will the EU and the US permit that? Why did the Russians send six warships to the meditteranian this week?