Jake Tapper on Cyprus-like Confiscation of savings in America


Who's next after Cyprus...Eventually the U.S.?


EU demanding percentage of Cyprus bank savings accounts because wealthy Russians hide money there? 

 One does not steal Russian mafia money and get away with it

Cyprus has been their own private Switzerland for many years. Legal and non-legal Russian cash has swamped the banking system in Cyprus since the early 90’s. The beauty of the island; the ease of admission too and exit from the island via boat or plane; the secrecy of the banking laws; the warm Mediterranean climate and the ease of which Cypriot authorities could be bribed and bought all worked to make Cyprus the center of Russian capital flight.

Read more: businessinsider.com

WND-TV: How the Government can steal your money


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