Global Edition Freedom's Phoenix -- "It's Not My Debt" Edition
Freedom's Phoenix: Uncovering the Secrets & Exposing the Lies

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Date Sent: 2013-03-23
Freedom's Phoenix Edition for Saturday, March 23, 2013
 
Will The Banking Meltdown In Cyprus Be A “Lehman Brothers Moment” For All Of Europe?

Nullify the War on Drugs -- Apple Fixed The Security Hole That Let Anyone Change Your Password -- The United States Senate Has Finally Approved A Budget: Its First In Four Years -- Lawless NYPD Spying on Muslims -- IRS Incompetence -- QUICK!: GOA: Sen. Lee To Offer Amendment Tonight To Ban Most Gun Control - Call Your Rep NOW! -- 9 year old girl saves family by raising chickens -- Monsanto's Death Patents -- "NATO 3" Oral Argument Unfolds on Illinois Terrorism Statute's Constitutionality -- Afghanistan: A Dark and Fragile Future -- Texas wants to bring the state's gold reserves back from the New York Fed's vault to Austin -- Israel PM apologizes for flotilla deaths -- Ben Bernanke Has Had Enough -- Gun-Control Laws = 60% More Gun Murders -- Swiss To Vote On Gold Repatriation --  The Number Of Bets On The US Dollar Has Never Been Higher -- SEMI-NEWS: A Satire of Recent News, March 24, 2013 Edition -- Starbucks CEO Howard Schultz Slaps Down Anti-Gay Marriage Activist At Shareholder Meeting -- Hyeonseo Lee: My escape from North Korea -- Now It's Getting Real In Cyprus -- Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers -- BITCOIN DRAWBACK CAN BE GREATEST STRENGTH

NOW HIRING - Freedom's Phoenix is Expanding

AZ: Silver Circle at Pollack Tempe Cinemas TICKETS NOW ON SALE - April 11th, 2013 - Tempe, AZ -- Lincoln Day Dinner and Auction with Keynote Speaker, Sheriff Richard Mack, Apr. 13

 

Will The Banking Meltdown In Cyprus Be A “Lehman Brothers Moment” For All Of Europe? News Link  •  Economy - International
Will The Banking Meltdown In Cyprus Be A “Lehman Brothers Moment” For All Of Europe?
03-22-2013  •  theeconomiccollapseblog.com 
Cyprus lawmakers may have rejected the bank account tax, but the truth is that the financial crisis in Cyprus is just getting started.  Read Full Story
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Reported by: Freedomsphoenix Readerfour
NOW HIRING - Freedom's Phoenix is Expanding Feature Article  •  Freedom's Phoenix
NOW HIRING - Freedom's Phoenix is Expanding
Ernest Hancock
   Social Networking Director with Sales Options available - YouTube - Twitter - LinkedIn - Facebook - Pinterest - Google Plus etc. New Customer Relations Management System requires a smart energetic freedom lover to grow with us.
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Silver Circle Movie Tickets available now for the April 11th, 2013 showing at Pollack Tempe Cinemas News Link  •  Events: Arizona
Silver Circle Movie Tickets available now for the April 11th, 2013 showing at Pollack Tempe Cinemas
03-21-2013  •  Silver Circle Movie 
Why are gas prices are so high? Why is it getting harder to put food on the table? Some seek answers from government, but those who control the money control everything. Silver Circle is the story of our world after the worst economic collapse in US   Read Full Story
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Reported by: Donna Hancock
Why the Greenbackers Are Wrong News Link  •  Federal Reserve
Why the Greenbackers Are Wrong
03-23-2013  •  Lewrockwell.com 
One of Ron Paul’s great accomplishments is that the Federal Reserve faces more opposition today than ever before.  Read Full Story
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Reported by: Robert Lee
Nullify the War on Drugs News Link  •  Drug War
Nullify the War on Drugs
03-23-2013  •  Lewrockwell.com 
Public opinion now favors the outright legalization of marijuana with nearly three-out-of-four adults in favor of legalizing medical marijuana.  Read Full Story
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Reported by: Robert Lee
12 States Where Homeowners Are Deep Underwater News Link  •  Housing
12 States Where Homeowners Are Deep Underwater
03-23-2013  •  Business Insider 
Despite the housing recovery, 10.4 million or 21.5 percent of all residential properties continued to be underwater at the end of Q4 2012, according to latest data by CoreLogic.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
Apple Fixed The Security Hole That Let Anyone Change Your Password News Link  •  Hacking, Cyber Security
Apple Fixed The Security Hole That Let Anyone Change Your Password
03-23-2013  •  Business Insider 
Apple has restored its "iForgot" Apple ID password reset page after discovering a bug that let anyone change your passwords as long as they had your email address and birthday.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
What 19 Extremely Successful People Were Doing At Age 25
News Link  •  Entrepreneurship
What 19 Extremely Successful People Were Doing At Age 25
03-23-2013  •  Business Insider 
Some people know what they want to do from an early age and focus on it relentlessly.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
Here's The Last-Ditch Plan Cyprus Is Going To Pitch To The EU This Weekend
News Link  •  European Union
Here's The Last-Ditch Plan Cyprus Is Going To Pitch To The EU This Weekend
03-23-2013  •  Business Insider 
The president of Cyprus is on his way to Brussels this morning in a bid to persuade Eurozone finance chiefs to accept a last-minute deal to avoid financial meltdown in the island.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
The United States Senate Has Finally Approved A Budget -- Its First In Four Years

News Link  •  Government Debt & Financing
The United States Senate Has Finally Approved A Budget -- Its First In Four Years
03-23-2013  •  Business Insider 
The US Senate reached a milestone early Saturday when it overcame partisan gridlock to approve its first budget resolution in four years, setting up a political duel with the Republican-held House.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
Obama in Jerusalem Feature Article  •  Israel
Obama in Jerusalem
Stephen Lendman
   Israel
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Lawless NYPD Spying on Muslims Feature Article  •  Police State
Lawless NYPD Spying on Muslims
Stephen Lendman
   police state
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IRS Incompetence News Link  •  TAXES: Federal
IRS Incompetence
03-22-2013  •  Daily Paul.com 
I just got a bill from the IRS for $12,220! They say I significantly under reported my income for the year 2011.  Read Full Story
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Reported by: Robert Lee
QUICK!: GOA: Sen. Lee To Offer Amendment Tonight To Ban Most Gun Control - Call Your Rep NOW! News Link  •  Gun Rights
QUICK!: GOA: Sen. Lee To Offer Amendment Tonight To Ban Most Gun Control - Call Your Rep NOW!
03-22-2013  •  Daily Paul.com 
"Senator Lee to Offer Amendment Tonight to Ban Most Gun Control in the Senate Contact your Senators  Read Full Story
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Reported by: Robert Lee
9 year old girl saves family by raising chickens News Link  •  Chickens and Turkeys
9 year old girl saves family by raising chickens
03-22-2013  •  Daily Paul.com 
Here's an awesome story about saving the family and survival!  Read Full Story
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Reported by: Robert Lee
Monsanto's Death Patents News Link  •  Food
Monsanto's Death Patents
03-22-2013  •  truth-out.org 
Monsanto has yet another case pending in the court system, this time before the U.S. Supreme Court on the exclusivity of its genetically modified seed patents.  Read Full Story
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Reported by: Robert Lee
News Link  •  Activism
"NATO 3" Oral Argument Unfolds on Illinois Terrorism Statute's Constitutionality
03-22-2013  •  truth-out.org 
On the ten-year anniversary of the launch of the Iraq War, another tentacle of the ever-burgeoning post-9/11 national security state unfolded in a lively courtroom in Chicago in the form of a domestic terrorism case.  Read Full Story
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Reported by: Robert Lee
Afghanistan: A Dark and Fragile Future News Link  •  Afghanistan
Afghanistan: A Dark and Fragile Future
03-22-2013  •  truth-out.org 
What will happen after next year's drawdown of US and allied forces and investment in Afghanistan?  Read Full Story
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Reported by: Robert Lee
Texas wants to bring the state's gold reserves back from the New York Fed's vault to Austin News Link  •  Gold and Silver
Texas wants to bring the state's gold reserves back from the New York Fed's vault to Austin
03-22-2013  •  Star-Telegram 
"If we own it," Perry said, "I will suggest to you that that's not someone else's determination whether we can take possession of it back or not."   Read Full Story
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Reported by: Chip Saunders
Enjoy Baked Goods With Healthy Sprouted Flour (Delicious Brownies Recipe Included!) News Link  •  Health and Physical Fitness
Enjoy Baked Goods With Healthy Sprouted Flour (Delicious Brownies Recipe Included!)
03-22-2013  •  wakeup-world.com 
We are in a “baking” season! But so many people these days have problems with grain consumption.   Read Full Story
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Reported by: Robert Lee
Israel PM apologises for flotilla deaths News Link  •  Israel
Israel PM apologises for flotilla deaths
03-22-2013  •  aljazeera.com 
Binyamin Netanyahu tells Turkish PM Recep Erdogan that families of those killed aboard Mavi Marmara will be compensated.  Read Full Story
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Reported by: Robert Lee
Ben Bernanke Has Had Enough News Link  •  Federal Reserve
Ben Bernanke Has Had Enough
03-22-2013  •  The Daily Bell 
Bernanke Saying He's Dispensable Suggests Tenure Ending ...   Read Full Story
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Reported by: Robert Lee
Gun-Control Laws = 60% More Gun Murders News Link  •  Gun Rights
Gun-Control Laws = 60% More Gun Murders
03-22-2013  •  Lewrockwell.com 
Americans are being bombarded with an immense propaganda campaign that says we need tougher gun-control laws in order to reduce the number of gun murders.   Read Full Story
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Reported by: Robert Lee
Swiss To Vote On Gold Repatriation News Link  •  Gold and Silver
Swiss To Vote On Gold Repatriation
03-22-2013  •  zerohedge.com 
The Swiss National Bank (SNB), which supposedly guarantees price stability in Switzerland,  Read Full Story
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Reported by: Freedomsphoenix Readerfour
Doctors Should Tell Patients About Some, But Not All, Unexpected Genetic Findings News Link  •  Science, Medicine and Technology
Doctors Should Tell Patients About Some, But Not All, Unexpected Genetic Findings
03-22-2013  •  Technologyreview.com 
A professional medical geneticists group recommends that certain genetic risk factors be examined in all medical DNA sequence tests.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
Five Opportunities for Mobile Computing News Link  •  Entrepreneurship
Five Opportunities for Mobile Computing
03-22-2013  •  Technologyreview.com 
Thousands of startup companies see mobile computing as their chance to strike it big. We picked five.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
The Number Of Bets On The US Dollar Has Never Been Higher

News Link  •  Currencies
The Number Of Bets On The US Dollar Has Never Been Higher
03-22-2013  •  Business Insider 
Earlier this month, we brought you the history of the U.S. dollar's incredible comeback.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
SEMI-NEWS: A Satire of Recent News, March 24, 2013 Edition Opinion  •  Humor
SEMI-NEWS: A Satire of Recent News
SEMI-NEWS: A Satire of Recent News, March 24, 2013 Edition
03-22-2013
John Semmens
   Dem Says Aides Face Starvation Because of Sequester A tearful Representative Debbie Wasserman-Schultz (D-Fla) blamed “heartless Republicans” for the “severe hardships” the sequester is imposing on members of her staff. “Nearly half of my office
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ENTREPRENEUR: Soon Everyone Will Be Able To Afford A 'LifeEdited' Apartment

News Link  •  Entrepreneurship
ENTREPRENEUR: Soon Everyone Will Be Able To Afford A 'LifeEdited' Apartment
03-22-2013  •  Business Insider 
Graham Hill, founder of minimalist design firm LifeEdited, recieved a lot of attention for his recent Op-Ed in The New York Times encouraging readers to pare down their lives and rid themselves of the chains of consumerism.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
Starbucks CEO Howard Schultz Slaps Down Anti-Gay Marriage Activist At Shareholder Meeting
News Link  •  Sexuality: Sex and the Law
Starbucks CEO Howard Schultz Slaps Down Anti-Gay Marriage Activist At Shareholder Meeting
03-22-2013  •  Business Insider 
Starbucks CEO Howard Schultz has made it clear that his company supports same-sex marriage, and at the coffee titan's annual meeting in Seattle, he had a heated exchange with a shareholder who criticized that stance, Gabriel Spitzer at KPLU reported.  Read Full Story
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Reported by: Freedomsphoenix Readerfour
Hyeonseo Lee: My escape from North Korea News Link  •  Activism
Hyeonseo Lee: My escape from North Korea
03-22-2013  •  ted.com 
As a child growing up in North Korea, Hyeonseo Lee thought her country was “the best on the planet.” It wasn't until the famine of the 90s that she began to wonder.  Read Full Story
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Reported by: Freedomsphoenix Readerfour
Now It's Getting Real In Cyprus News Link  •  Economy - International
Now It's Getting Real In Cyprus
03-22-2013  •  market-ticker.org 
The latest tidbit is that capital controls are tightening and withdrawl limits on ATMs are being cranked down materially.  Read Full Story
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Reported by: Freedomsphoenix Readerfour
Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers News Link  •  Economy - International
Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers
03-22-2013  •  theeconomiccollapseblog.com 
Why is the global economy in so much trouble?   Read Full Story
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Reported by: Freedomsphoenix Readerfour
BITCOIN DRAWBACK CAN BE GREATEST STRENGTH Feature Article  •  Bitcoin
BITCOIN DRAWBACK CAN BE GREATEST STRENGTH
Thomas Costanzo
   BITCOIN DRAWBACK CAN BE GREATEST STRENGTH Some have said "There is never enough of BitCoins. True, BitCoins can be divided in ever smaller denominations, so 'physically' there will never be a shortage, but it means BitCoin is designed to appreciat
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Attorney For Freedom Show #3 News Link  •  Marc Victor
Attorney For Freedom Show #3
03-21-2013  •  Attorney For Freedom 
Attorney Marc J. Victor discusses the legal system, Jodi Arias, Elizabeth Johnson and Libertarian philosophy with Judge John Buttrick.   Read Full Story
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Reported by: Mike Wasdin
Cop Repellant News Link  •  Police State
Cop Repellant
03-21-2013  •  arclein 
ever forget: Cops are not your friend; they are not there to “help” you. They are there to bust you. Don’t make it easier for them. Make it harder for them. * Never forget that cops are legally permitted to lie to you. Take nothing they tell you a  Read Full Story
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Reported by: robert klein
PANIC AND ANGER: Here's What I Saw At Cyprus ATMs This Morning
News Link  •  European Union
PANIC AND ANGER: Here's What I Saw At Cyprus ATMs This Morning
03-21-2013  •  Business Insider 
Ed. note: Earlier this week, Christina Avraam, a freelance photojournalist in Cyprus, sent us incredible photos she'd taken of the bailout protests.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
If Americans Realized How Bad Income Inequality Was Here, We Could Have Our Own Cyprus Situation

News Link  •  Economy - Economics USA
If Americans Realized How Bad Income Inequality Was Here, We Could Have Our Own Cyprus Situation
03-21-2013  •  Business Insider 
Over the weekend the European Union agreed to a 10 Billion euro bailout of member country Cyprus’ banking sector, but imposed as a condition of the bailout a 9.9% tax on all bank deposits above 100K Euros.[1]   Read Full Story
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Reported by: Freedomsphoenix Readerfour
Existing Home Sales Rise 0.8%, Prices Rise For 12th Straight Month

News Link  •  Housing
Existing Home Sales Rise 0.8%, Prices Rise For 12th Straight Month
03-21-2013  •  Business Insider 
Existing home sales for February were up 0.8 percent month-over-month in February, to an annual rate of 4.98 million.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
MORE IRON BROTHERHOOD FALLOUT: Prescott Valley police chief retires, citing 'controversy' News Link  •  Police State
MORE IRON BROTHERHOOD FALLOUT: Prescott Valley police chief retires, citing 'controversy'
03-21-2013  •  PrescottAZ.Com 
Prescott Valley Police Chief Bill Fessler announced his retirement Friday, effective immediately, in the wake of a Dec. 22, 2012, incident in which a man was reportedly injured at Moctezuma's bar in Prescott.   Read Full Story
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Reported by: Donna Hancock
Photo Radar Prescott Valley, AZ News Link  •  Police State
Photo Radar Prescott Valley, AZ
03-21-2013  •  PrescottAZ.Com 
Prescott Valley cop nixed wife's 7 photo radar tickets - Independent audit finds 22 instances of officers dismissing infractions for family members  Read Full Story
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Reported by: Donna Hancock
Feinstein worried armed drones coming to US, legal or not News Link  •  Drones
Feinstein worried armed drones coming to US, legal or not
03-21-2013  •  Prison Planet 
Sen. Dianne Feinstein, D-Calif., explained that her experience on the Senate Intelligence Committee makes her wary of drones being used in the United States, even raising the possibility that armed drones could take to the skies without government ..  Read Full Story
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Reported by: Robert Lee
James Holmes, and how the CIA hid the MKULTRA mind-control program News Link  •  Central Intelligence Agency
James Holmes, and how the CIA hid the MKULTRA mind-control program
03-21-2013  •  Prison Planet 
Back in the early 1990s, I interviewed John Marks, author of Search for the Manchurian Candidate. This was the book that exposed the existence of the infamous CIA MKULTRA program.  Read Full Story
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Reported by: Robert Lee
US ‘Elects’ New Syrian Leader…A Guy From Dallas! News Link  •  Syria
US ‘Elects’ New Syrian Leader…A Guy From Dallas!
03-21-2013  •  Prison Planet 
In the name of democracy, the US government has supported a variety of armed opposition fighters in Syria seeking to overthrow that country’s president, Bashar al-Assad,.....  Read Full Story
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Reported by: Robert Lee
Gruesome Video Shows Syrian Rebel Beheading Civilian News Link  •  Syria
Gruesome Video Shows Syrian Rebel Beheading Civilian
03-21-2013  •  Prison Planet  
A gruesome YouTube video shows a member of the US-backed Free Syrian Army beheading a civilian in yet another example of how the west is supporting an uprising led by violent jihadist extremists.  Read Full Story
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Reported by: Robert Lee
James Bovard: Rotten Tomatoes for a Billion-Dollar Farm Payout Feature Article  •  Economy - Economics USA
James Bovard: Rotten Tomatoes for a Billion-Dollar Farm Payout
Jim Bovard
   Calling all women and Hispanics who once thought about applying for a loan.
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U.S. Secret Service almost accidentally shot Iran's president News Link  •  Iran
U.S. Secret Service almost accidentally shot Iran's president
03-21-2013  • 
[and we just now hear about it] The agent was adjusting the side-mounted shotgun on one of the motorcade's armored follow-up Suburbans when it discharged. "Everyone just stopped. The Iranians looked at us and we looked at the Iranians...."   Read Full Story
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Reported by: Powell Gammill
ECB to Cyprus: Decide whom to loot or else News Link  •  Economy - International
ECB to Cyprus: Decide whom to loot or else
03-21-2013  •  Reuters 
The European Central Bank gave Cyprus until Monday to raise billions of euros to clinch an international bailout or face losing emergency funds for its banks and inevitable collapse.  Read Full Story
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Reported by: Powell Gammill
Welfare’s War on Drugs News Link  •  Drug War
Welfare’s War on Drugs
03-21-2013  •  http://inthesetimes.org, BY Camille Beredjick 
Why laws mandating drug tests for welfare recipients are doomed to fail.  Read Full Story
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Reported by: Robert Lee
US Plan for “Pinpoint Strike” Attack on Iran, Israeli Security Official News Link  •  Obama Administration
US Plan for “Pinpoint Strike” Attack on Iran, Israeli Security Official
03-21-2013  •  http://www.globalresearch.ca 
The US is taking plans for a possible military operation against Iran “very seriously,” a senior Israeli security official, who is said to be in the know about aspects of the American plan, has told Haaretz daily.  Read Full Story
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Reported by: Robert Lee
Out of Control Derivative Trade Threatens the U.S. Economy News Link  •  Economy - Economics USA
Out of Control Derivative Trade Threatens the U.S. Economy
03-21-2013  •  http://www.globalresearch.ca, Washington's Blo 
Congress Never Fixed the Financial System … And Is About to Make It Even Worse   Read Full Story
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Reported by: Robert Lee
Europe in Crisis as Cyprus Faces National Bankruptcy News Link  •  European Union
Europe in Crisis as Cyprus Faces National Bankruptcy
03-21-2013  •  globalresearch.ca, Jordan Shilton and Chris Marsde 
The vote by Cyprus’s parliament Tuesday evening to reject the terms of the European Union (EU) bailout agreed last Saturday has deepened a crisis which threatens to spread across Europe, posing the risk of national bankruptcy.  Read Full Story
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Reported by: Robert Lee
North Korea Threatens To Strike US Bases In Japan

News Link  •  Military
North Korea Threatens To Strike US Bases In Japan
03-21-2013  •  Business Insider 
The North Korean army on Thursday threatened a possible strike against US military bases in Japan, in response to the use of nuclear-armed US B-52 bombers in joint military drills with South Korea.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
Upcoming technology would let citizens buy drone countermeasures News Link  •  Drones
Upcoming technology would let citizens buy drone countermeasures
03-21-2013  •  naturalnews.com 
In physics, there is an axiom that goes something like this: For every action, there is an equal and opposite reaction.   Read Full Story
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Reported by: Freedomsphoenix Readerfour
'Monsanto Protection Act' to be voted on by Congress News Link  •  Agriculture
'Monsanto Protection Act' to be voted on by Congress
03-21-2013  •  naturalnews.com 
The U.S. Congress is right now moving forward with the passage of the 2013 Agricultural Appropriations Bill   Read Full Story
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Reported by: Freedomsphoenix Readerfour
GM salmon rejected by Whole Foods, Trader Joe's, Aldi and other food retailers

News Link  •  Food
GM salmon rejected by Whole Foods, Trader Joe's, Aldi and other food retailers
03-21-2013  •  naturalnews.com 
In yet another blow to GMOs, several major U.S. food retailers have signed on to the "Campaign for GE-Free Seafood" found at http://www.foe.org/gefreeseafood   Read Full Story
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Reported by: Freedomsphoenix Readerfour
Why The Banking System Would Make Lenin Proud News Link  •  Economy - Economics USA
Why The Banking System Would Make Lenin Proud
03-20-2013  • 
The modern state must possess an apparatus of big banks, Lenin wrote, for it is banks which perform most accounting and financial recording. In socialism, banks must be expanded, made more comprehensive and reach worldwide.  Read Full Story
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Reported by: Powell Gammill
CVS asks workers to submit to medical screening or face $600 annual fee News Link  •  Healthcare Industry
CVS asks workers to submit to medical screening or face $600 annual fee
03-19-2013  •  NBC 
BOSTON (WHDH) -- CVS Pharmacy is reportedly asking workers to submit to a medical screening, or pay more for their health insurance. CVS is giving its 200,000 employees an ultimatum: submit your Body Mass Index, your weight and other important healt  Read Full Story
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Reported by: Ronald Bogner
2 Men Arrested For Refusing To Open Up The Door Of His Own Home News Link  •  Law Enforcers or Peace Officers
2 Men Arrested For Refusing To Open Up The Door Of His Own Home
03-20-2013  •  Lew Rockwell blog 
4th Amendment Being Violated On TV? 2 Men Arrested For Refusing To Open Up The Door Of His Own Home TLC   Read Full Story
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Reported by: Powell Gammill
A Month of Mournful Anniversaries News Link  •  WAR: About that War
A Month of Mournful Anniversaries
03-17-2013  •  John Glaser, AntiWar.com 
This month is chock-full of mournful anniversaries. The initiation of the Bush administration’s bombing campaign and invasion of Iraq in 2003. Two year anniversary of the NATO bombing of Libya 1999 United States and NATO begin 78 days of bombing o  Read Full Story
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Reported by: Leon Felkins
Cypriot Banks May Not Reopen News Link  •  Economy - International
Cypriot Banks May Not Reopen
03-20-2013  •  Lew Rockwell blog 
The government-bankster combine continues to hold for ransom 100% of the people's savings, because Cypriot banks, like all banks, are inherently bankrupt thanks to fractional reserves.  Read Full Story
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Reported by: Powell Gammill
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