The elites love to play us for fools.
European Central Bank President Mario Draghi said the proposal to steal 10 percent or more of the wealth of Cypriot savers in order to bail out the European Union banksters is not a blueprint for what would happen in future bailouts. “Cyprus is no template,” he said, according to the BBC.
After much hue and cry from the island’s masses and almost two weeks of bank holiday, the Cypriot elected class and the EU agreed to “let” Cypriots keep their savings up to 100,000 euros and steal only as much as 60 percent from savers who have more. This decision came, no doubt, after enough time had passed to let the Russian oligarchs remove their money from Cyprus’ jurisdiction — which would explain the sudden silence of Russian President Vladimir Putin after his initial objections to the plan.
Meanwhile, New Zealand’s government is talking about a “deal” for that country’s savers similar to the one originally proposed in Cyprus, which would have seen the bank deposits of all that island nation’s savers looted by as much as 13 percent to prop up failing banks. Closer to home, the Canadian government’s latest budget calls for a “bail-in” regime for systemically important banks. This regime will allow customer accounts to be looted in the “unlikely event” one of the banks “depletes its capital.”
And so we see that the elites who control the world’s wealth are indeed working from one playbook. But perhaps Draghi is just being coy, for we also see that this or a similar plan has been put in place for the U.K. and the U.S………