Friday, 29 March 2013
How to steal other people's money
What the heck just happened in Cyprus?! Incompetent, bankrupt Government asks their European 'friends' to lend them 10bn Euro to rescue the country from collapse.
Cyprus: "We are on the verge of bankruptcy. Please help."
EU partners: "How bad is it?"
Cyprus: "Let's put it this way. Our President has more spare change down the back of his sofa than there is available cash in our national bank."
EU Partners: "Auch! Been a naughty boy have we?"
Cyprus: "Please help, we need a 10bn Euro loan."
EU Partners: "Okay, no problem"
Cyprus: "Thank you so much!"
EU Partners: "No problem, what are friends for. We are one big happy family right? By the way we forgot to mention that to get the loan you will need to find 5nb Euro first."
Cyprus: "But we are bankrupt!?"
EU Partners: "You will think of something."
And so they did! I wonder what 'financial genius' first came up with the idea that the Cypriot Government could simply steal a load of money from ordinary savers. Quick, get the Nobel price for finance out.
Makes you wonder why Cyprus needed a loan in the first place. Surely the Cypriot Government could just steal the full 10bn Euro. Or why not make it 20bn Euro - just to be on the safe side. I mean, when you are able to get hold of other people's money, make sure you use both hands!
I love the irony of it all. The Cypriot Government has made a major mess, but when it comes to cleaning it up - everyone is suddenly in it together.
A Cypriot Government spokesman suggested that it was the people's own fault, having elected such an incompetent Government in the first place!
Now I finally understand why they have the 'right to bear arms' in the USA.
"So you want to steal my money? Well, let's see what Smith & Wesson thinks about that!"