Links Below. The government of the small island of Cyprus is negotiating terms for a bank bailout with the European Commission, ECB, and IMF, which may include seizing up to 10% of private bank holdings of Cypriot nationals and foreigners alike. To prevent further runs on Cypriot banks, they have frozen the accounts until further notice. This seems totally illegal, considering that when people put their money into the bank, there is a contract assuring them of the safety of their deposits. If Cyprus is allowed to do this, will other countries follow suit? Will this cause more bank runs and en economic collapse? What is the solution? TrutherGirls fan T-Shirts available at thetruthergirls.spreadshirt.com links: business.financialpost.com/2013/03/18/cyprus-tax-levy/ money.cnn.com/2013/03/18/news/economy/europe-cyprus-bailout/ www.cbc.ca/news/business/story/2013/03/19/cyprus-bank-deposits.html www.nytimes.com/2013/03/20/business/global/cyprus-set-to-reject-tax-on-bank-deposits.html www.globalresearch.ca/cyprus-banks-close-as-bailout-terms-spark-europe-wide-financial-crisis/5327444 www.nytimes.com/2013/03/19/business/global/russia-sees-cyprus-plan-as-unfair-plot-to-seize-money-of-its-citizens.html video.cnbc.com/gallery/?play=1&video=3000155281 www.washingtonpost.com/blogs/wonkblog/wp/2013/03/18/everything-you-need-to-know-about-the-cyprus-bailout-in-one-faq-2/ www.youtube.com/watch?feature=player_embedded&v=jE9zPiOCGzc beforeitsnews.com/obama/2012/11/obama-moving-to-steal-your-pension-plan-2445974.html

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