" Mega-Rich Withdrew Money From Cyprus Before Looting "

[WhiskeyGirl]

News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the bailout deal serves as another reminder that while the media portrays the victims of the Cyprus “haircut” as the mega rich and wealthy Russian oligarchs, the real victims are middle class families and small business owners.

I wonder if this will happen in the US?  The elite and superwealthy will take away their retirement plans before the heavy hand of government scoops up a big piece?

In addition, as Reuters reports, “While ordinary Cypriots queued at ATM machines to withdraw a few hundred euros as credit card transactions stopped, other depositors used an array of techniques to access their money.”

Branches and subsidiaries of Cypriot banks in London and Russia remained open while banks in Cyprus were closed, allowing Russian oligarchs and other wealthy depositors to move their money.

When asked about the amount of money that had exited Cyprus before the bailout deal, German Finance Minister Wolfgang Schaeuble refused to provide figures.

How convenient for foreigners.  I wonder if this happened during the financial 'collapse' in 2008 in the US?  Suddenly, TRILLIONS were missing and the taxpayer had to step in to make someone whole?  How do you define 'looting'?

In reality, the mega-rich managed to get their money out either before the crisis even started or during the so-called “bank holiday” period while middle class depositors were left stranded.

Given that the looting of bank accounts has now been established as the template for future “bank recapitalizations” across Europe as well as Canada, the middle class has now been permanently put in the crosshairs and will be expected to pay for bankers’ gambling losses with their savings on a regular basis.

Emphasis added.


read more here - http://www.infowars.com/mega-rich-withdrew-money-from-cyprus-before-looting/

When does the looting stop?  Who speaks for the common man, woman, and child?  How is this fair in any civil society?  How is this fair in Obamanism?  Communism?

What is wrong with this picture?