Wow. EU steals 10% of bank deposits in exchange for bailout

Humpy · Mar 18, 2013

Russia today is very similiar to the USA in late 19th century. The " Robber Barons " loaded up their personal fortunes without much regard for their workers. The Rockerfellers, Gettys etc aren't what they were but still rich.

d08 · Mar 18, 2013

Who cares about labels?
In saying that Russia is capitalist and the US is communist - you only manage to make communism look so much better.
I'd strongly advise against using Russia as any sort of positive example.

zdreg · Mar 18, 2013

Quote from StarDust9182:

Socialism and Capitalism are pretty similar. An elite controls the masses. The difference is who gets to be in the elite and how they control the masses.

please explain this difference.

Grandluxe · Mar 18, 2013

Quote from dealmaker:

Rumor has it that Putin's personal money is also at the Cypriot banks...

Activate Russian Airborne Troops immediately and seize Cyprus.

zdreg · Mar 18, 2013

Quote from Grandluxe:

Activate Russian Airborne Troops immediately and seize Cyprus.

the eurozone will thank russia, unofficially.

Scataphagos · Mar 18, 2013

Quote from StarDust9182:

Socialism and Capitalism are pretty similar. An elite controls the masses. The difference is who gets to be in the elite and how they control the masses.

That's the bilge you've been fed and swallowed... doesn't make it true.

Humpy · Mar 18, 2013

This Cyprus move just might give Bunny some ideas ???

This has set the bar at a new low and likely to be copied.

Notice how they pick on the little guys first. That money was guaranteed safe.

burn8 · Mar 18, 2013

Quote from StarDust9182:

Socialism and Capitalism are pretty similar. An elite controls the masses. The difference is who gets to be in the elite and how they control the masses.

Then you have no idea what Capitalism is.

-burn8

Scataphagos · Mar 18, 2013

Quote from burn8:

Then you have no idea what Capitalism is.

-burn8

Ditto. We don't have true capitalism in the USA... Years ago we had it, but around the time of T. Roosevelt we started down the road to "State-ism" and one of its several forms.

zdreg · Mar 18, 2013

Quote from Scataphagos:

Ditto. We don't have true capitalism in the USA... Years ago we had it, but around the time of T. Roosevelt we started down the road to "State-ism" and one of its several forms.

it started when the income tax and the federal reserve bank were ruled constitutional by the Supreme court.