To bail out banks in Cyprus (who had loaned a lot to Greece, hence the need for a bailout), the Eurozone suggested confiscating money in those banks to partially pay the banks. Sweet deal if you’re a banker, panic-inducing if you’re not. Socialism is destroying Europe.

The Democrats in the Senate managed, after 4 long years, to produce something it seemed they’d forgotten about; a budget! It is, of course, more of the same taxing and spending (and spending more than they’re taxing). And it remains to be seen if they’ll even vote for their own budget, since they unanimously voted against Obama’s budget last year.

And Paul Thacker of the Slate website lets Slate readers in on the worst-kept secret evah; the media has a liberal bias! Who knew! (No, I didn’t mean for a show of hands. That was rhetorical.)

Mentioned links:

Cyprus deal shock sends shares tumbling, gold up

After Cyprus Bank Bailout, Depositors Race to Withdraw Their Cash. Is the Rest of Europe Next?

SENATE DEMOCRATS FINALLY UNVEIL BUDGET

Confirmed: Senate Democrats’ Budget Accelerates Spending, Never Balances

Flashback: Obama: Adding $4 Trillion To Debt Is Unpatriotic

Slate Slams Obama On Transparency, Credits Fox News, Wash. Times For Fast and Furious Reporting

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Filed under: Budget & SpendingEconomics & TaxesEuropeGovernmentMediaPartisanshipSocialism