GOP lawmaker offers bill to prevent Cyprus-like run on savings accounts. The US gubbermint doesn’t need to expropriate savings thru the front door, they’re already doing it via the back door – Helicopter Ben’s QE’s and ZIRPs.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
View all posts by Bonfire of the Absurdities
