TWO BROTHERS IN BLOOD Bail-in Băsescu and Bail-in Voinea

Anxious to ruin our banking system and our companies, minister of budget Liviu Voinea expressed his wish, in Brussels, as part of the reunion of the Extraordinary Council of ECOFIN, held on Wednesday, December 18th, that the theft of the money deposited in banks through the "bail-in" mechanism become legal as soon as possible and come into effect from January 1st, 2016.

Since we are lucky not to be part of the Eurozone yet, the shocking provisions about confiscating the deposits of banks, following the Cyprus model, wouldn't apply to us, if we didn't join the projected Banking Union of the continent.

But according to his own statements, president Traian Băsescu is an enthusiast of the Banking Union.

The combination of the impatience of Voinea and the enthusiasm of Băsescu sentence us to follow the stupid fate reserved to Europe by the darkest financial mind of the European Union; faced with the danger of seeing their money disappear from banks, we will pull them out en masse, looking for another solution to keep their earnings, and businesspeople will be looking to open accounts in other territories than in Europe.

Ironically, this mechanism has been called a "mechanism for saving banks", as if they could be saved whenever their clients run away.

But the cynicism of European authorities us the most obvious in the manner in which the measure was announced, last Wednesday, by the European commissioner for internal market and services Michel Barnier, who triumphantly said that there would be no more need for banks to be saved using the money of all the citizens (that, in other words, since not all citizens are bank depositors, this means that they were spared from being robbed, when the national budgets put their tax contributions into the failed banks).

Barnier is lying: the financing of the failed banks with the budget funds hasn't been ruled out, but now the depositors' pockets will be rifled as well, who will now be robbed by banks both directly, as depositors, as well as through the budget, as taxpayers.

What is interesting is that the lie has traction with the public.

Aside from BURSA, the Romanian media has not reflected this epochal event, of the switch from the civilization of credit to the civilization of theft; the publication that call themselves "specialized", have swallowed the line served by Barnier, saying that the "bail-in" is a solution for relieving the citizens from the bankruptcies of banks.

In Orwell's "1984", one character said: "Did you see, the chocolate ration was increased from 40 grams, to 30 grams!"

Yes, we are living in an Orwellian world, but European stupidity surpasses his imagination - it is our reality.

Let's be proud!

Happy New Year!