The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
– Cyprus banks re-open – in pictures (Guardian, March 28, 2013):
Banks have re-opened on the island after 12 days – but capital controls are limiting withdrawals to €300 a day
– Cyprus banks reopen – but stock exchange will remain closed (Guardian, March 28, 2013)
For your genetic rewiring …
– New paper on dsRNA risks – briefing for non-specialists (GM Watch, March 22, 2013):
NOTE: The briefing document below is a summary for the lay person of the paper published yesterday, “A comparative evaluation of the regulation of GM crops or products containing dsRNA and suggested improvements to risk assessment” by Professor Jack Heinemann, Sarah Agapito-Tenfen and Adjunct Associate Professor Judy Carman.
Press release/abstract here:
http://www.gmwatch.org/index.php?option=com_content&view=article&id=14713The paper is open access (free download), thanks to sponsorship of the open access fee by the Safe Food Institute of Australia:
http://www.sciencedirect.com/science/journal/01604120/55
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A briefing document for non-specialists describing the lack of regulation of a new class of products and GM crops based on dsRNA technology
by
Adjunct Associate Professor Judy Carman, Professor Jack Heinemann and Sarah Agapito-Tenfen
21 March 2013This is a briefing about the contents of a new, peer-reviewed scientific paper: “A comparative evaluation of the regulation of GM crops or products containing dsRNA and suggested improvements to risk assessment” by Professor Jack Heinemann, Sarah Agapito-Tenfen and Adjunct Associate Professor Judy Carman.
To date, most[1] genetically modified (GM) plants have been made by inserting a new piece of DNA into a plant so that the GM version makes a new protein. Most of these new proteins are designed to either kill insects that try to eat the plant or to make the plant resistant to a herbicide. The process works like this: the DNA is changed so that when a section of the DNA is read and copied, a new piece of messenger RNA (mRNA) is made. The mRNA then goes to another part of the cell and is read to make the new protein.
However, there is a new type of GM plant now being made. These are not designed to make a new protein, but to just make a new RNA molecule. However, the RNA molecule made is different to the single-stranded mRNA described earlier, because it is either double-stranded (dsRNA) or it is designed to find another single-stranded RNA molecule and bind to it to create a dsRNA molecule. These dsRNA molecules have important roles in cells. For example, they can silence or activate genes. For this to happen, the order of the nucleotide units in the dsRNA molecule is crucial. A different sequence can result in the dsRNA having different effects, and silencing or activating a different gene, or multiple other genes.
A number of GM plants have now been made using this technology. For example, Australia’s CSIRO has developed GM wheat and barley varieties where genes have been silenced in order to change the type of starch made by the plant. Another example is biopesticide plants, which are designed to silence a gene in insects that eat the plant. That is, the insect eats the plant, the dsRNA in the plant survives digestion in the insect, travels into the tissues of the insect to silence a gene in the insect so that the insect dies as a result.
There is evidence that the gene silencing may be inherited by the offspring of some organisms that eat the dsRNA.
Read moreNew Paper On Risks Of GM Crops Based On dsRNA Technology
“In an outrageous betrayal of all Americans, President Obama just signed the so-called “Monsanto Protection Act” into law.
This law gives Monsanto authority over federal courts and allows it to plant experimental GMO crops even if they pose an extreme risk to human health and environmental health.”
– Mike Adams (Natural News)
– Obama betrays America yet again by signing the ‘Monsanto Protection Act’ into law (Natural News, March 28, 2013):
President Barack Obama campaigned on promises to end secret prisons, decriminalize marijuana, balance the budget, honor the Second Amendment and make health care affordable. But what really unfolded was an explosion in the national debt (now $16 trillion and climbing), the signing of the NDAA, a claimed new power to kill any American at any time, even on U.S. soil, the use of military drones to murder American children overseas, a full-on assault against the Bill of Rights, a doubling of health insurance rates and the destruction of the U.S. economy.
But that’s not all.
Now Obama has signed the “Monsanto Protection Act” into law, stabbing America in the heart yet again and proving that no matter how convincing politicians appear on the campaign trail, they are still sociopathic liars in the end.
The Monsanto Protection Act, part of the HR 933 continuing resolution, allows Monsanto to override U.S. federal courts on the issue of planting experimental genetically engineered crops all across the country. Even if those experimental crops are found to be extremely dangerous or to cause a runaway crop plague, the U.S. government now has no judicial power to stop them from being planted and harvested.
As ibtimes.com reports, the bill “effectively bars federal courts from being able to halt the sale or planting of GMO or GE crops and seeds, no matter what health consequences from the consumption of these products may come to light in the future.”
GMOs now evade all regulations: America has become a grand Monsanto experimentA Food Democracy Now petition now states:
With the Senate passage of the Monsanto Protection Act, biotech lobbyists are one step closer to making sure that their new GMO crops can evade any serious scientific or regulatory review.
This dangerous provision, the Monsanto Protection Act, strips judges of their constitutional mandate to protect consumer and farmer rights and the environment, while opening up the floodgates for the planting of new untested genetically engineered crops, endangering farmers, citizens and the environment.
Corporate-government conspiracy is fascism
– Santelli On The End Of Paper Gold’s Reign (ZeroHedge, March 27, 2013):
Central Banks remain aggressive accumulators of the precious metal as we noted last night, as their actions outweigh their words; but as CNBC’s Rick Santelli notes today, there is a big difference between the physical bullion they are buying and the ‘gold bug’ trading currently going on in our markets:
I don’t even look at gold as gold anymore since they securitized it. If things [went] badly in the world that I used to observe (as a gold bug); the gold would end up in the hands of the gold bugs. If things go badly now, they’re going to end up with checks from ETFs! Sorry, it’s not the same. The reign of [paper] gold as the Ayn Rand endgame, to me, that’s over. Game, Set, Match.
Which likely explains the incessant demand for precious metals from the US Mint over the past few months – as the other great rotation (from paper to physical) proceeds.
Starting 0:25 in this clip:
Perhaps these two charts will help explain the ‘difference’… Demand continues to surge while ‘prices’ drop…
– Drones Visualization: Every U.S. Drone Strike In Pakistan Since 2004 (GRAPHIC) (Huffington Post, March 26, 2013):
Pitch Interactive, a Berkeley-based data visualization unit, has created a graphic tracking every drone strike the United States has carried out in Pakistan since 2004. Wesley Grubbs, who created the visualization, joined HuffPost Live host Ahmed Shihab-Eldin Tuesday to explain the motivation behind the visualization.
“We want to shock people,” Grubbs said. “What we tried to do though with this was not just shock people with the number of casualties, but to shock people with the amount of information that we really don’t know.”
The visualization, seen below, tracks the victims of the strikes using data from the Bureau for Investigative Journalism, specifically noting children and civilian collateral damage. Note the sharp uptick after President Obama takes office in 2009:
– The Global Elite Are Very Clearly Telling Us That They Plan To Raid Our Bank Accounts (Economic Collapse, March 27, 2013):
Don’t be surprised when the global elite confiscate money from your bank account one day. They are already very clearly telling you that they are going to do it. Dutch Finance Minister Jeroen Dijsselbloem is the president of the Eurogroup – an organization of eurozone finance ministers that was instrumental in putting together the Cyprus “deal” – and he has said publicly that what has just happened in Cyprus will serve as a blueprint for future bank bailouts. What that means is that when the chips are down, they are going to come after YOUR money. So why should anyone put a large amount of money in the bank at this point? Perhaps you can make one or two percent on your money if you shop around for a really good deal, but there is also a chance that 40 percent (or more) of your money will be confiscated if the bank fails. And considering the fact that there are vast numbers of banks all over the United States and Europe that are teetering on the verge of insolvency, why would anyone want to take such a risk? What the global elite have done is that they have messed around with the fundamental trust that people have in the banking system. In order for any financial system to work, people must have faith in the safety and security of that financial system. People put their money in the bank because they think that it will be safe there. If you take away that feeling of safety, you jeopardize the entire system.
So exactly how did the big banks in Cyprus get into so much trouble? Well, they have been doing exactly what hundreds of other large banks all over the U.S. and Europe have been doing. They have been gambling with our money. In particular, the big banks in Cyprus made huge bets on Greek sovereign debt which ended up failing.
But what happened in Cyprus is just the tip of the iceberg. All over the planet major financial institutions are being incredibly reckless with client money. They are leveraged to the hilt and they have transformed the global financial system into a gigantic casino.
– Moody’s: Cyprus Euro Exit Risk Substantial (ZeroHedge, March 27, 2013):
Though it may seem a little like stating the obvious to many, Moody’s comments:
While the risk of a euro exit by Cyprus is substantial… …following the economic dislocation that will be caused by the restructuring of the island’s two largest banks and the imposition of capital controls in the country, it is possible that the risk of euro exit will increase further.
And so while the talking heads discuss Cyprus as a unique situation and too small to care about, it seems the reality of the last two weeks has actually raised their chance of Euro exit as opposed to bailed them into the Euro.
Moody’s lowers Cyprus’s country ceilings to Caa2
– Cyprus Capital Control Details Revealed (ZeroHedge, March 27, 2013):
As of now, the banks are still expected to open tomorrow; some of the details of the capital controls to be put in place have been leaked (via Phileleftheros):
- *CYPRUS CONTROLS APPLY TO ALL ACCOUNTS, CURRENCIES
- *CYPRUS BANK CONTROLS INCLUDE CURBS ON CASHING CHECKS
- *CYPRUS BANK CONTROLS TO BE IN FORCE FOR 7 DAYS
- *CYPRUS CURBS INCLUDE BAN ON ENDING TIME DEPOSITS
- *CYPRUS CURBS TO INCLUDE PAYMENTS ABROAD
So no outflows allowed to a foreign country (cough Russia cough) and for only 7 days (Pluto Standard Time?); furthermore, talk is that carrying cash of over EUR3,000 across the border wil be banned.
– Income Growth For Bottom 90% In America Since 1966 Is… $59! (Liberty Blitzkrieg, March 26, 2013):
We’ve all seen these statistics before in one form or another, but David Cay Johnston does an excellent job going into more detail for us in an article he published late last month. As he correctly notes, when things get extreme like this you ultimately end up with extreme social unrest. Furthermore, as I have pointed out for years and years, this kind of disparity does not happen under free markets with rules and regulations applied equally to all. It happens under totalitarian societies, whether fascism, communism or crony capitalist corporatism (which is the model in the USA). It only happens when a very small oligarch class takes over the political process of a nation and then uses it to game the system.
Read moreIncome Growth For Bottom 90% In America Since 1966 Is … $59!!!
Related info:
– Have The Russians Already Quietly Withdrawn All Their Cash From Cyprus? … YES!!!
– A Furious Cyprus Begins Investigating Who Breached The Capital Controls (ZeroHedge, March 27, 2013):
On Monday we reported the very disturbing news that despite the ongoing liquidity blockade, capital controls and (somewhat) closed Cyprus banks, one particular group of people – the very same group targeted to prompt this whole ludicrous collapse of the island nation – Russian Oligrachs had found ways to bypass the ringfence and pull their money out quickly and quietly. We said that, if confirmed, “If we were Cypriots at this point we would be angry. Very, very angry.” Turns out the Cypriots did become angry, and the questions are finally starting. As Spiegel reports, the Cypriot Parliament, which may or may not last too long once the banks reopen tomorrow and the people realize that in a fractional reserve banking system, those deposits you thought were there… they are gone, poof, has begun investigating the capital flight that may means the destruction of Cyprus has been for nothing. Sadly, it is now too little, too late.
From Spiegel:
Banks have been closed and accounts frozen in Cyprus recently. Nevertheless, large amounts were moved out of the country’s crippled financial institutions on the eve of the bailout package. Lawmakers are suspicious and are investigating both the government and the Cypriot central bank.
Read moreA Furious Cyprus Begins Investigating Who Breached The Capital Controls
– This Is How A Country Ends: Not With A Bang, But A Bailout (ZeroHedge, March 26, 2013):
Curious how in the New Normal a nation is brought to its untimely end without a single shot being fired? Dimos Dimosthenous, who has worked at the Bank of Cyprus for over 30 years, explains:
“That will be the end. Our jobs, our rights, our welfare funds will be lost and Cyprus will be destroyed.”
In short: not with a bang, but a bailout.
… But at least it still has the symbol for all that is wrong with the broke(n) status quo: the €
First, however, much more pain, because as Cyprus’ FinMin Sarris said a short while ago, uninsured depositors in the second largest bank Laiki which is now pending lqiuidation, may lose 80% (read 100%… or more), and wait up to seven years for a payout. Of course, with the majority of the “evil, tax-evading Russians” long gone having used the chaos and assorted loopholes in the past week to get out of Dodge, the only people punished are assorted local hard workers, and domestic businesses, now set to liquidate as soon as they can afford the bankruptcy filing fee.
Finally, speaking of getting out of Dodge, it is surprising that while professing its love for all man-made bubbles and going all in stocks no matter the fundemantls, the firm that is the shadow overlord of Wall Street, BlackRock, is doing just that.
BlackRock Inc. the world’s largest money manager, has cut holdings of Italy and Spain government bonds over the past three months. The firm may shed more if the euro-zone’s growth outlook deteriorates.
“We have been less enthusiastic about euro-zone sovereign debt compared to three to six months ago,” said Rick Rieder, chief investment officer of fundamental fixed income and co-head of Americas fixed income at BlackRock. “If growth continues to deteriorate in the euro zone, due in large measure to weak private-sector lending from a deleveraging banking sector, we would further reduce our positions in the euro zone, such as in Italy and Spain.”
Read moreThis Is How A Country Ends: Not With A Bang, But A Bailout
Flashback:
– Obama Regime To Prohibit Children From Working On Family Farms (Their Own Families’ Land)
– Obama Regime Seizes Family Farms Bank Accounts
“What all this means is that the U.S. government now claims the power to simply march onto your farm with guns drawn and demand all your crops, seeds, livestock and farm equipment.
Think I’m exaggerating? Read it yourself!”
– USDA agricultural census program is a covert surveillance operation to compile government database of food and farm assets (Natural News, March 27, 2013):
The USDA “census of agriculture” is a government-run farm surveillance program designed to register and inventory detailed private data on farm assets, operations and personnel. A census form is mailed to each farmer in the United States, accompanied by threats of compliance and a warning that farmers who do not comply will be visited in person by government agents.
These agricultural census forms — see a link to a scanned copy below — demands farmers reveal the following information, all of which is compiled into a vast government database:
• # of acres of land owned
• Physical location of the land
• # of acres of croplands harvested
• # of acres of pasture land
• # of acres leased for cash
• # of acres irrigated
• How much money you’ve received from state or federal agricultural programs
• The exact number of acres grown and harvested for each crop: corn, oats, peanuts, cotton, rice, soybeans, wheat and many more
• # of acres of hey or forage crops
• # of acres used for Christmas trees or maple syrup
• Detailed inventory of your greenhouses, vegetable seeds, mushrooms and “propagative materials”
• Detail inventory of tobacco plants, berries, aquatic plants, sod, flowering plants and more
• # of acres of beans, cantaloupes, potatoes, corn and various melons
• # of acres of various fruit and nut crops including apples, grapes and pears
• The total dollar value of all the crops you sold
• Detailed inventory of berries, including blueberries, strawberries, blackberries and more
• Details on the number of cattle and calves
• Value of all cattle sold
• Details on pigs, horses, sheep, goats and other animals
• Details on aquaculture operations, including type of plants grown
• Details on poultry production, # of chickens, what kind, how much money, etc
• Details on bees, alpacas, bison, deer, elk, rabbits and more
• Full details on all production contracts including chicken eggs, feed, seed and more
• Full reporting of all income from farm-related sources
• Full details on all farm labor, how many people you hired, what you paid, etc.
• Grain storage capacity on your farm
• All production expenses: A full accouting of money spent, almost a full tax return all by itself
• Details on all fertilizers and chemicals applied to your farm
• Details on all organic food production
• The market value of all your land, machinery, buildings and equipment
• Details on all your tractors, what kind they are, how many horsepower, and all attachments
• Details on all sources of energy, including solar, wind, geoexchange, biodiesel and more
• Details on land use practices: erosion, conservation, cover crops and more
• Details on all your farming practices: crop rotations, reclamation projects, biomass harvesting, etc.
• Details on the dollar value of direct sales for human consumption
• The names and descriptions of all farm operators, including name, sex, age, race, hours of work and more
• Household income details
• Details of internet accessSee a scanned copy of the full form (minus the first page) at:
http://www.naturalnews.com/files/USDA-agriculture-census.pdf
All this information will be used to seize farms as already approved under Obama
Most Americans don’t yet realize that President Obama has already signed an executive order declaring government ownership and control over all farms, food, livestock, seeds, farm equipment and more. I’ve covered that news in full detail here:
http://www.naturalnews.com/035301_Obama_executive_orders_food_supply….The executive order is published at WhiteHouse.gov:
http://www.whitehouse.gov/the-press-office/2012/03/16/executive-order…Just over a year ago, on March 16, 2012, President Obama issued this executive order entitled, “NATIONAL DEFENSE RESOURCES PREPAREDNESS.”
This executive order states that the President alone has the authority to take over all resources in the nation (labor, food, industry, etc.) as long as it is done “to promote the national defense” — a phrase so vague that it could mean practically anything.
– Boris Berezovsky’s last interview: ‘There is no point in life’ (Telegraph, March 24, 2013):
Boris Berezovsky, the Russian oligarch, said less than 48 hours before he was found dead at his home in Berkshire that he no longer saw the point in life.
Boris Berezovsky was discovered dead yesterday afternoon at his home in Ascot, Berkshire. Reports from Russia said he was found in the bath.
lya Zhegulev, a commentator with the Russian edition of Forbes magazine, met the 67-year-old oligarch in the restaurant of the Four Seasons hotel on Park Lane on Friday evening.
Mr Berezovsky said had had lived through “many disappointments” in London. He said: “I’ve lost the point… there is no point [or meaning] in my life. I don’t want to be involved in politics. I don’t know what to do. I’m 67 years old. And I don’t know what I should do from now on.”
He said he wanted to return to Moscow: “I want nothing more than to return to Russia. Even when they opened a criminal case against me, I wanted to return to Russia… that was my main miscalculation: that Russia is so dear to me that I cannot be an émigré.”
Friends of Mr Berezovsky today claimed he may have been victim of a Russian hit. However, there are conflicting reports that he may have committed suicide after suffering from severe depression.
Friends raised the possibility of suicide and said Berezovsky had been “destroyed” by losing a £3billion legal action with his former business partner, Roman Abramovich, the owner of Chelsea football club. Berezovsky had been living in exile in Britain since 2000.
– Boris Berezovsky death: friend suggests he may have been victim of Russian hit (Telegraph, March 24, 2013):
Yuri Felshtinsky, a historian and author who knew Mr Berezovsky since 1998, told The Daily Telegraph that he doubted suggestions the tycoon had committed suicide, and had no knowledge that his friend had been seriously ill.
His comments came as British police investigating his death said a search of his house by chemical, biological and nuclear experts had found “nothing of concern”.
“We do not have facts yet but we must bear in mind that there have been several questionable deaths of Russian émigrés in the UK,” said Mr Felshtinsky. “Badri Patarkatsishvili, Boris Berezovsky’s business partner, died in February 2008 [in Surrey] and until yesterday everybody including me thought that was a death by natural causes, but now I’m not so sure.”
Mr Berezovsky, a fiery critic of Russia’s President Vladimir Putin who fled to the UK in 2000, was found dead at the age of 67, reportedly in a bath at his home, on Saturday. Police say the death is “unexplained”.
Mr Felshtinsky has lived in the United States since 1978, but in the late 1990s he travelled to Moscow to prepare a biography of Mr Berezovsky. Instead, he became close to the tycoon and his associate Alexander Litvinenko, a former KGB officer.
…
– ?Berezovsky ‘was strangled to death’ friends claim as it is revealed his security guard left him alone for five hours to run errands (Daily Mail, March 25, 2013):
Friends of Boris Berezovsky have claimed that the Russian oligarch was strangled to death despite a post-mortem examination suggesting there was no evidence of a struggle.
Read moreMore On ‘Suicided’ Russian Billionaire In Exile Boris Berezovsky
– Sprawling and struggling: Poverty hits America’s suburbs (NBC News, March 22, 2013):
WEST HARTFORD, Conn. – Like many Americans who move to the suburbs, Tara Simons came to West Hartford because she wanted her daughter to grow up in a nice, safe place with good schools.Her fall from a more financially secure suburban life to one among the working poor also happened for the same reason it’s happened to so many others. She had a bout of unemployment and couldn’t find a new job that paid very well.
– Dijsselbloem: “Levy On Wealth Is Defendable In Principle” (ZeroHedge, March 26, 2013):
While France’s Hollande and Spain’s Rajoy are double-teaming the ‘unique, exceptional’ nature of Cyprus, the non-template nature of the ‘deal’, the need for Europe-wide guarantees, and that the ESM should be used to recap banks and not depositors, none other than Dutch FinMin Dijsselbloem is at it again as he admits what many have suspected:
- *DIJSSELBLOEM SAYS LEVY ON WEALTH IS DEFENDABLE IN PRINCIPLE
and, as if responding to the desperate French and Spanish leaders:
- *DIJSSELBLOEM SAYS DEPOSIT GUARANTEE SYSTEMS ARE NATIONAL
It would appear our views are increasing appearing true – that a wealth tax is coming in much more systemic a manner than many expect currently.
– EUR Fades As Portugal Admits Cyprus Deal “Sets Precedent” – (UPDATE – Denied) (ZeroHedge, March 26, 2013):
UPDATE: Well that didn’t take long – The Portuguese Finance minister just denied his earlier comments and added that the Cyprus deal is NOT a template for future actions (EURUSD doesn’t believe him).
- *GASPAR SAYS CYPRUS DEAL NOT A `TEMPLATE’ FOR OTHER COUNTRIES
The shambles continues in Europe. This morning we saw a plethora of EU officials explaining how the Cyprus ‘deal’ is a unique, one-of-a-kind debacle helping to talk back #DieselBoom‘s mis-words, only to have their credibility destroyed by the actual transcript and his actual words. Then we get the fact that a new EU-wide bill on deposit bail-ins is introduced… and now the Portuguese finance minister has added to the dysphoria by explaining that, “the Cyprus deal sets Euro precedent on deposit protection,” and we therefore assume on deposit impairment. It seems EURUSD also sees this…
– Here We Go Again: EU Lawmaker To Push For Bail-In Resolution Law For Deposits Over €100K (ZeroHedge, March 26, 2013):
Here we go again:
- EUROPEAN PARLIAMENT TO PUSH FOR DEPOSITORS WITH ABOVE 100,000 EUROS TO FACE BAIL-IN UNDER NEW BANK RESOLUTION LAW – EU LAWMAKER – RTRS
Basically, this is DieselBOOM ver 2.0. How long until someone scrambles to announce that this, too, was taken out of context?
More as we see it but the EURUSD sure isn’t waiting. Instead, it is plunging.
Full Reuters article:
The European Parliament will demand that big savers take losses if their banks run into trouble, a senior lawmaker told Reuters, adding momentum to a policy unveiled as part of a Cypriot bailout.
Although some policymakers have sought to portray Cyprus and the losses suffered by depositors at two of its banks as a one-off, many experts believe it marks a dramatic change in tack in how Europe deals with troubled banks, to spare taxpayers who have been on the hook for previous bailouts.
Jeroen Dijsselbloem, head of the Eurogroup of euro zone finance ministers, said on Monday that in future, the currency bloc should first ask banks to recapitalise themselves, then look to shareholders and bondholders and then “if necessary” to uninsured deposit holders.
Now the likelihood is rising that tough treatment of big depositors will be written into a new EU law, making losses for large savers a permanent feature of future banking crises.
Read moreHere We Go Again: EU Lawmaker To Push For Bail-In Resolution Law For Deposits Over €100K
– Cyprus And The Eurozone Bank Bailout Hypocrisy (Testosterone Pit, March 25, 2013):
Cyprus didn’t prick the Eurozone bailout bubble, the notion that bank investors who took enormous risks to gain financial rewards would always be made whole by taxpayers. That bubble had been pricked in February. But it was the first time that the international bailout cabal, the Troika, stuck its needle into it—while Germany quietly bailed out all investors in one of its own rotten banks.
The bailout deal was pretty slick; it dodged the Cypriot parliament which had demolished the prior package. Well-honed Eurozone tactics: don’t allow voting to mess up the plans. Uninsured depositors would eat €4.2 billion—much of it Russian money. Junior and senior bondholders would kiss their €1.7 billion goodbye. That even senior debt, albeit only €200 million, was destroyed was a first in Eurozone history. Eurozone taxpayers would pick up the remaining €10 billion—still a lot for such a tiny country, but at least it wouldn’t be pocketed by some hedge funds, or worse apparently, Russian depositors.
– Cypriot Youth Rise Up In Pictures: “They Just Got Rid Of All Our Dreams” (ZeroHedge, March 26, 2013):
There is a reason we think of youth unemployment as the ‘scariest’ thing in Europe as we have discussed here and here. After a few months of relative calm, it appears the youth are once again finding their hopes dashed and are protesting. As Reuters reports, thousands of students and bank workers protested in the Cypriot capital Nicosia today. “They’ve just gotten rid of all our dreams, everything we’ve worked for, everything we’ve achieved up until now, what our parents have achieved,” is how one young protester exclaimed his feelings, as a bank worker added, “we are scared.” It appears President Anastasiades comment that, “the agreement we reached is difficult but, under the circumstances, the best that we could achieve,” is not reassuring an increasingly volatile people.
Read moreCypriot Youth Rise Up In Pictures: ‘They Just Got Rid Of All Our Dreams’
