25 March 2013/13 Jumada l-Ula 1434/05 Farvardin 1391/14 Yi-Mao (2nd month) 4711

“The stealing of what has already been stolen continues…”-Dmitry Medvedev, Russian Prime Minister

Medvedev is referring to the latest bailout offer for Cyprus from the European Central Bank and International Monetary Fund, in a round-a-bout way saying the whole thing was a done deal from the beginning.

The previous offer, which was rejected by parliament, included up to 10% tax on bank accounts. This new one imposes up to 40% tax on accounts with $100000 or more, and does not require parliamentary approval!!!

Most of the big money depositors in Cyprus are foreigners, and they’re going to pullout all their money.  Guess where many of those depositors are going to put their money now?  In Russian banks!

That’s the real reason Russia didn’t really try to give Cyprus a bailout, and why Russia isn’t really that upset about Cypriot bank accounts being robbed by the ECB and IMF (despite what Western media analysts say).

The result of the foreign depositors pulling out their money, and the harsh austerity caused by the bailout (such as the 2nd largest bank of Cyprus will be shut down under the deal), will be the economic destruction of Cyprus (and the take over of the island county’s stake in the huge Leviathan petroleum field).