Tuesday, March 19, 2013

Michael Ramirez Cyprus Bailout Cartoon 3/19/2013


The always brilliant Michael Ramirez of Investors Business Daily on the defeated EU proposal to require Cypriots to face a levy on all bank deposits in order to secure a hefty bailout for their near-bankrupt island:

The proposal, which was rejected overwhelmingly by the Cypriot parliament this afternoon, was attached to a $13 billion bailout plan to rescue to financially depressed Mediterranean island-nation of one million souls, and its rejection has angered European finance ministers, while sending the Cyprus government to seek help from the Russian government.

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