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What's going on in Cyprus?

Central bank money grab

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Screwing savers big time

In Cyprus, the central bank attempts to steal by helping itself to bank depositors money.

In the US, savers are robbed in a less dramatic fashion.

Getting 1% instead of 5% on your savings because of Federal Reserve bailouts of money center fraud factories?

That's $4,000 a year haircut on $100,000 in savings. Over five years, that adds up to $20,000.

Cypriots are in there streets over a lot less.

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