This just in courtesy of Ms. P.H. and a couple others of you who forwarded it to me... It appears the banksters are calling their theft a "tax" and it is 20% of all deposits in Cypriot banks over 100,000 euros... Theft is theft, folks, whether it be rich or poor. And note the propaganda meme being promoted: no other alternative to "hard choices," but there IS another choice: leave the EU... the Iceland solution:

Cyprus, Troika agree to 20% tax on deposits over 100,000 euros at Bank of Cyprus

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Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".


  1. Milton Zentmyer on April 3, 2013 at 4:06 pm

    This is called the “Cyprus model” and it’s coming to a bank near you. The bankers may fall in the end, but the starvation and surffering before they do is going to be incredible.

  2. DownunderET on March 24, 2013 at 6:33 pm

    I think there is more to come here, I’m wondering WHAT is going to happen when the banks FINALLY open.

    As Zero Hedge seems to say that the fat lady hasn’t sang yet, and the opera is at intermission.

    So grab your popcorn, put your feet up and strap in for this is history in the making, and the poor Cypriots are getting grilled by people who are not even “elected”.

    I’m going to re-read Babylon Banksters, I’m sure it will seduce me into reality as it did the first time I read it.

  3. DBSchuster on March 24, 2013 at 10:42 am

    Like all fiat currencies, the ECB can print an unlimited amount of money. This isn’t about money; it’s about crisis. The savings of Cypriots must be sacrificed for the greater good, which is the implementation of centralized oversight over all European banks. They’ll say it’s necessary to prevent anybody else from having to lose their money. Of course, by greater good they mean what is good for a tiny minority.

  4. Robert Barricklow on March 24, 2013 at 8:58 am

    When I see this I think of the people NOT being represented. The slient majority is ROARING, but the “majority holder of stocks & bonds are giving the deft ear to the world.
    What “we” see & hear are their managed perceptions.
    Look behind the fog of war(for it is a class war).
    “They” have “captured” the instruments of power & are attempting to capture our/the peoples’ minds & sprits as well.

  5. DaphneO on March 23, 2013 at 6:08 pm

    Just went to ZeroHedge and it doesn’t seem so cut and dried.
    All fingers crossed. Whichever way it goes, I wouldn’t want to be in Anastasiades’ shoes right now.

    Too many articles to choose from: http://www.zerohedge.com/

  6. DaphneO on March 23, 2013 at 5:52 pm

    This is heartbreaking. Another beautiful country gone… The power game continues, but evil cannot triumph forever. I hope. I wonder why Russia wouldn’t help. Was it because it was only on the European oligarchs’ terms?

  7. marcos toledo on March 23, 2013 at 4:47 pm

    The European Union has become the European Loan Shark Union.

  8. Andreas on March 23, 2013 at 4:36 pm

    The beautiful island homeland of my parents and ancestors has just been sold out. What a sad day in Cypriot history. 🙁

    • Joseph P. Farrell on March 23, 2013 at 4:47 pm

      I share your sorrow Andreas…but it’s not over. It may be a short time, a medium time, or a long time, but the banksters’ day is coming. Don’t give up.

      • Andreas on March 24, 2013 at 12:44 am

        Thank you Joseph. They’re day can’t come soon enough.

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