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Tuesday, May 7, 2013

Monetary

Econ Comments & Analysis                                                                                            
Washington Times | When governments rob banks
Have you heard about a nation so in debt, it is seizing assets from the bank accounts of private citizens? On the other side of the world, a modern-day Greek tragedy is taking place now on the island of Cyprus that has implication here at home. This is especially timely as Americans grapple with a government that borrows 46 cents of every dollar it spends.