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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