Ron Paul: ‘The situation in Cyprus should be both a lesson and a warning to the United States’
Former Texas Congressman Ron Paul said today that the situation in Cyprus should serve as a lesson for Americans and asks, “How long before bureaucrat and banker try that here?”, according to a Texas More...
Paul Krugman offers Cyprus solution ‘Seize Property and Print Money’
In answer to the “What would you do about Cyprus if you were dictator?” question, Paul Krugman has shared his Nobel-level of economic intelligence with the rest of us, and it comes down to two actions: More...
Krugman Supports Capital Controls
In reading Paul Krugman for more than a decade, it seems that he has established a firm ideological pattern: Markets evil, government good. Thus, he has decided the solution for the crisis in Cyprus: capital controls. Now, More...
Vote kills Cyprus tax plan, collapse appears evident as EU deal appears elusive
Cyprus appears to be on the brink of bankruptcy and the proposed tax on every single bank deposits was quickly rejected on Tuesday. European creditors, who are insisting that the island contribute to its rescue More...
Cyprus Government approves deal with EU to tax all bank accounts, seize funds to pay for bailout
Details emerged this weekend of a deal between the Cyprus government and the EU to tax financial transactions as high as 9.9%. The Blaze detailed in a March 17 article that the Cypriot government is positioning More...
