CHARLES KRAUTHAMMER: I think we do have to revise our doomsday pronouncements. We had been saying up to now America’s headed the way of Greece, I would say it’s headed the way of Cyprus, because if you start to confiscate people’s money retroactively you got a real problem on your hands.
And I guess, I think if you put it to a vote for the people of that state, you’d get the same result that you got today in Cyprus in the parliament where nobody, not a single member of the parliament supported an agreement that the government itself had proposed. The government party, not one of them voted yes. It abstained entirely on a proposal that it had agreed to. So that tells you how unpopular it is.
Email
Share