{
    "href": "/post/2013/03/24/eu-and-cyprus-agree-to-take-big-depositors-money-without-calling-it-a-tax/",
    "relId": "2013/03/24/eu-and-cyprus-agree-to-take-big-depositors-money-without-calling-it-a-tax",
    "title": "EU and Cyprus agree to take big depositors\u2019 money without calling it a tax",
    "author": "pmjones",
    "markup": "html",
    "tags": [
        {
            "href": "/tag/collapse/",
            "relId": "collapse",
            "title": "Collapse",
            "author": null,
            "created": null,
            "updated": [],
            "markup": "markdown"
        },
        {
            "href": "/tag/economics/",
            "relId": "economics",
            "title": "Economics",
            "author": null,
            "created": null,
            "updated": [],
            "markup": "markdown"
        }
    ],
    "created": "2013-03-25 03:36:41 UTC",
    "updated": [
        "2013-03-25 03:36:41 UTC"
    ],
    "html": "<blockquote>\n<p>the EU has reached a deal to bail out Cyprus, but unlike the prior proposal, there will be no tax levied on anyone.</p>\n<p>Insured deposits under 100,000 Euros will be safe and transferred to a new \u00e2\u0080\u009cgood\u00e2\u0080\u009d bank, but the losses will be concentrated on the larger depositors who will be stuck at the \u00e2\u0080\u009cbad\u00e2\u0080\u009d bank.\u00c2\u00a0 And in a move eerily reminiscent of the maneuvering to get Obamacare passed, the deal is structured to avoid calling it a tax (which would require parliamentary approval).</p>\n</blockquote>\n<p>via <a href=\"http://legalinsurrection.com/2013/03/eu-and-cyprus-agree-to-take-big-depositors-money-without-calling-it-a-tax/\">\u00c2\u00bb EU and Cyprus agree to take big depositors\u00e2\u0080\u0099 money without calling it a \u00e2\u0080\u009ctax\u00e2\u0080\u009d - Le\u00c2\u00b7gal In\u00c2\u00b7sur\u00c2\u00b7rec\u00c2\u00b7tion</a>.</p>\n"
}