One has to appreciate the honesty represented by the Cyprus government in their consideration of simply making withdrawals from the people’s bank accounts. The world could use much more of that.
There’s more than one way to skin a cat they say. Cyprus’ problem is that they didn’t, or perhaps couldn’t, skin this cat correctly. There is another way to make withdrawals from citizen bank accounts, and leave them cheering you on while lining up to stuff their votes into your ballot box in the process. But this method requires the authority to print money. Cyprus, unfortunately for their unhappy politicians, does not have that authority evidently.
But in America, why the printing presses are running overtime with the same effect of making withdrawals from the people’s bank accounts. But we don’t get mad, we cheer. No one’s throwing a fit. No wall to wall news coverage with indignant info-chicks whipping everyone into a lather. Happiness abounds. See Cyprus? Now that’s how you do it; though again, I do appreciate your honesty, forced though it may be. I wish our government could be that honest about its withdrawals. But then again, if they were, then they would be in your predicament, wouldn’t they?