Euro Theft

Posted: 19th March 2013 by Scott @ The Right of a Nation in General Politics

Check out the article at Reuters.

The government in Cyprus has decided that to fund their bailouts, they will take 10% of the citizens’ savings accounts. Of course, word of this caused a mad dash to ATM’s as people attempted to save the money they thought they were already saving. So, the government has now shut down the banks for a few days to prevent this.

And who actually thinks this couldn’t or won’t happen here in America? When I first heard of this I thought it was pretty crazy… then after thinking about it for a few minutes I thought “yea I could see that happening here.”

First of all, I know American liberals are salivating at the idea. All they have to do is to frame it in the right context of class warfare and I think they could even get a large number of Americans to support it. Hey, if they’re going to take the money from the “rich” and “give it to the “poor,” what’s wrong with that, right? We’ve already discussed in the past the notion that the poor deserve the money that the rich have accumulated. I’ve also noted that our government already indirectly takes money from the rich and gives it to the poor through the use of tax brackets, so is it really a big difference to take it from a bank account as opposed to taking it from a paycheck?

I do think that the liberals better work harder on their gun control plans first though, because I do think that the victims of any account pilfering would view it differently than their normal taxation.

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