The Traitor Within: Cyprus President Moves Millions Before The Banking Holiday!

Those of you who read my blog regularly may have noticed the Quote of  Marcus Tullius Cicero which now serves as my tagline:

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear.”

I decided on this tagline after the Cyprus crisis set in and John Key proclaimed that New Zealand would go the same path “if” the banks would flounder here too. The reason for this is that with the Cyprus banking crisis and the “solution” for the crisis namely; the looting of the bank deposits of the working man in the street a critical junction was passed. The River Rubicon was crossed as it where from where there is no return.

This article is the start of an ongoing series about who are the traitors within and how they aid and abet in what is the biggest transfer of wealth from the 99% to the 1% and I know that it really should be from the 99.99% to the 0.01 % ir as Max Keiser says from the 100% to the invisible % but what it means is that all of us are in the same boat against a group of people so small we could put them all in one train box and send them off a cliff today to end this craziness if it wasn’t for those of us who are willing to deceive, corrupt and betray their fellow man for the illusion of power and wealth it gives them.

Today I want to start, not with John Key, but with the President of the republic of Cyprus who, before he called for a banking holiday which is costing the Cypriots up to 60% of their wealth and counting, moved all his millions to Switzerland and warned his best, richest friends to do the same!

My question is: Do you believe John Key and his rich mates would behave any different if the situation arose here?


A day after former Cypriot President Vassilou was found to be among many elite Cypriot (politicians and businessmen) who had loans written-off by the major (now insolvent) banks; it appears the rot is far fouler than expected. In a somewhat stunning (or purely coincidental) revelation, ENETEnglish reports that Cypriot newspaper Haravgi claims that current President Nicos Anastasiades’ family businesses transferred ‘dozens of millions’ from their Laiki Bank accounts to London just a week before the devastating depositor haircuts were unleashed upon his people. Of course, the denials are loud and Anastasiades has demanded an investigation into the claims; we are sure the government-selected ‘independent’ committee will be as thorough as the Libor anti-trust investigators. As a reminder, as we noted yesterday, here are Cyprus’ gun control laws.

Via EnetEnglish,

A company owned by in-laws of Cypriot President Nicos Anastasiades withdrew dozens of millions from Laiki Bank on March 12 and 13, according to an article published in Cypriot newspaper Haravgi.

The newspaper, which is affiliated to the communist-rooted AKEL party, reports that three days before the Eurogroup meeting the company took five promissory notes worth €21m from Laiki Bank and transferred the money to London.

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