Very succint summary of the idiocy that is Washington DC these says.

PA Pundits - International

The Patriot Post~

“The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.” –John Adams

PP_2013-03-22-BankOfCyprus_digest

The tiny Mediterranean island of Cyprus is currently mulling over its few available options to stave off financial collapse after a week of battles with the EU Central Bank caught much of the world’s attention. Cyprus was in line for a €10 billion (euros) loan from Brussels, but the EU wouldn’t help without a €5.8 billion guarantee from the Cypriot government. And thus was born the bright idea of confiscating a portion of private savings from Cypriot depositors to fund the guarantee. Think something similar can’t happen here? Think again.

The original formula called for a one-time tax of 6.75 percent on savings between €20,000 and…

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