CYPRUS – Cypriot President Nicos Anastasiades has struck a deal with the European Union and International Monetary Fund that will seize up to 40% of uninsured funds from wealthier depositors with over 100,000 euros and will not siphon funds from those below that amount.

The 10 billion euros ($13 billion) bailout plan calls for the Cyprus Popular Bank to be dissolved and all its viable assets transferred to the country’s biggest bank, Bank of Cyprus.

Presently, Cypriot banks have imposed a 100 euros ATM withdraw limit, and Cyprus border officials at air and sea ports have been ordered to confiscate the funds of any traveler attempting to leave with over 10,000 euros. (more…)

WASHINGTON DC – President Barack Obama’s efforts to significantly curtail U.S. nuclear weapons without seeking the proper Senate approval are at best misguided and worst illegal, sources tell Newsmax.

Obama is exploring opportunities to achieve the reductions in infrastructure and capability he seeks – including a drawdown to 1,000 weapons – without seeking the advice and consent of the Senate that international treaties require.

Efforts to push the boundaries of the New Strategic Arms Reduction Treaty (New START) with Russia are ill-advised, sources say. A proposal that seeks to achieve nuclear arms reductions outside the framework of New START, however, would run afoul of the law.

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If you are thinking about taking a casual stroll to the grocery store in Cyprus today you might need to stop by the local ATM machine to get some euros.   Considering the banks have been closed since last Friday, more than likely you, along with everyone else, are out of cash.

However, you might want to consider taking along a helmet, gloves, body armor and perhaps a gas mask, as getting to the ATM machine might be a little more troublesome than one might initially presume. (more…)

Quick..,  look…, over there… shiny things.

Obama looks like the Devil…. Some crazy Arias stalker chick on the stand in Arizona admits to killing her boyfriend, well, maybe… or something.  Apparently the President is blackmailing the Easter Bunny about paying for his own White House eggs this year…. Ohmygosh, WMD used in Syria – hey, wait ain’t that a border nation to Iraq where we couldn’t find WMD, well, til, after that Satan guy used them on Kurdish somethingorothers……

…..The GOP is still racist, promise….. but the dems being nasty at that Doc Carson is all patriotic n’ stuff…. Senator Rand Paul supports amnesty, then he doesn’t, til, well, maybe…  and a bunch of Marines in Nevada were killed because of sequestery stuff.

Shiny things, all Shiny Things. (more…)