Great example of how the people of freaking out
Best 2 mins of freaking out I’ve seen in a while!
This is insane
Osborne vows to protect Britain’s armed forces in Cyprus as cash machines are EMPTIED and 60,000 British savers face losing millions in 10% bank account tax
Read more:
http://www.dailymail.co.uk/news/article-2294388/ATMs-emptied-Cyprus-savers-learn-10billion-euro-bailout-agreement-includes-levy-bank-accounts.html#ixzz2Nnck1g7q
One furious customer reportedly parked his digger outside one such branch in the seaside resort of Limassol, claiming the government had “tricked” him into [...]
Parker Higgins
EFF.org
May 21, 2012
New legislation in the Netherlands makes it the first country in Europe to establish a legal framework supporting net neutrality. In addition to the net neutrality provisions, the law contains language that restricts when ISPs can wiretap their users, and limits the circumstances under which ISPs can cut off a subscriber’s Internet access altogether.
The anti-wiretapping section of the new law specifies that ISPs may not use technologies like deep [...]
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RUSH: From the UK Daily Mail: “The Uninformed Are the Key Ingredient for a Working Democracy, Study Finds — A well-informed, interested public is often hailed as the ‘ideal’ of democracy. But a new Princeton study suggests that the opposite could be the case – and that people who have no interest at all could be vital to the working of a democratic society. The uninformed are essential to [...]
From THE HILL:
A Supreme Court justice on Tuesday expressed major concerns that the government would engage in round-the-clock surveillance reminiscent of the totalitarian world of the George Orwell novel 1984 if the court ruled in the government’s favor.
The court heard oral arguments in the Jones case, in which the outcome will determine whether warrantless GPS tracking by law enforcement is an invasion of Fourth Amendment protection from unreasonable search and seizure.
Justice Stephen [...]
A must read essay from Dirk Kurbjuweit, posted earlier in Der Spiegel
Escaping the Clutches of the Financial Markets
In today’s Europe, the people are no longer in control. Instead, politicians have become slaves to financial institutions and the markets. We are partly to blame — and changes are urgently needed to nurse European democracy back to health.
We are doing well. In fact, we’re doing splendidly. The economy is [...]
WASHINGTON – Libyan leader Moammar Gadhafi has appealed directly to President Barack Obama to halt what the Libyan leader called “an unjust war,” and wished Obama good luck in his bid for re-election next year.
In a rambling, three-page letter to Obama obtained Wednesday by The Associated Press, Gadhafi implored Obama to stop the NATO-led air campaign, which the Libyan called an “unjust war against a [...]
From JPM Private Bank:
…
In the wake of the 1992 ERM collapse, why did Europe attempt another monetary union given large differences in language, labor mobility and productivity? It makes sense if seen as part of a broader effort to create a United Europe, both politically and economically. A few years ago, Swedish and Dutch politicians responsible for mobilizing support for the EU Constitution referred to “Yes†[...]
by Sunny
Savers and the people depend upon fixed income are forsaken to encourage risk taking and re-inflate the assets. This only helps criminal Banksters to keep the money and use it for their trading desks, profit and pocket millions in bonuses.
Mohamed El-Eryan in Bloomberg
“..policy makers have “too little understanding†of financial services, El-Erian said. They failed to realize how their rescue of banks would spur a recovery in financial markets [...]
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