Cypriot Games

Come all you big spenders
And list while I sing
Your lust for my savings
Is a terrible thing
It banishes truth and
Sets countries aflame
As people they wise to
Your Cypriot Games

The Cyprus government is in crisis talks to come up with a plan to secure an emergency bailout package to shore up its banks and avert financial meltdown.

On Tuesday night, parliament threw out a controversial plan to skim €5.8bn (£5bn) from savings accounts, in a move that risked plunging the eurozone into deeper turmoil and heightened expectations that the cash-strapped country would seek a funding lifeline from Russia.

…With the crisis escalating, an RAF flight carrying €1m in low-denomination notes landed in Cyprus to provide cash for 3,000 British service personnel based there. With local banks shut since Friday and electronic transactions halted, although cash machines are working, the Ministry of Defence said the euros had been flown in as “contingency measure”.

…”We have some ideas. We are thinking of nationalising the pension funds and provident funds of the state employees,” Mavrides said. “That is about €2bn-€3bn, and we do have some other ideas which will come up in the next few days.”

Really, the governments have been such good stewards of our funds so far that it just makes perfect sense to allow them to take everything.

For our own good, of course.

13 Responses to “Cypriot Games”

  1. JeffS says:

    Thieves, the lot of them. And not very creative one.

  2. Skyler says:

    They put all the money in one plane? Wow. Seems a bit risky. If its enough money to have a major impact on the world economy, don’t you think spread loading it across several flights would be prudent? Or are they just kidding us that it makes much difference?

  3. Mr. Bingley says:

    It was only a million euros, Skyler, just enough for the 3,000 troops to buy some groceries and beer.

  4. Skyler says:

    Oh I read too quickly. I thought it was for the banks.

  5. Mr. Bingley says:

    No, that money is coming in on some Russian oligarch’s yacht I’d imagine! 🙂

  6. mojo says:

    They’ve now figured out that ripping off the Russian Mafia for billions isn’t a good plan. Something about a horse’s head.

  7. Mr. Bingley says:

    Or a MIRV mojo.

  8. aelfheld says:

    It’s always for our own good yet, oddly enough, never seems to be very good for us.

  9. nightfly says:

    The First Federal Coffee Can and Sock Drawer Savings and Loan is looking like a safer investment with every passing day.

  10. Dr Alice says:

    I keep telling my parents to invest in canned food and ammunition. It’s not looking that funny anymore.

  11. Crusader says:

    Unless those pension funds are like most US ones that are mostly well cooked books.

  12. Crusader says:

    Good thing the Brits aren’t trying to load a million Pounds in one aircraft…….that would be heavy……

  13. Michael Lonie says:

    Good lyrics to “The Patriot Game” Bingley. I like yours better than the original.

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