Hilarious Video Of Cyprus Vote Looks Like 7th Grade Student Council

Absolutely classic.  Exactly at 50 seconds.

This clip demonstrates how bizarre this story has become.  A tiny, tiny island, and an even smaller Parliament, votes 'NO' on the bank-tax EU bailout while the world watches, markets gyrate, CNBC heaves, and protesters celebrate.

Runs 2 minutes.

From the profane to the sacred.  Everyone is pitching in to help Cyprus out of its crisis, with the church now offering its worldly possessions.  The head of Cyprus' influential Orthodox church, Archbishop Chrysostomos II, says he will put the entirety of the church's assets at the country's disposal to help pull it out of a financial crisis.  The church has considerable wealth, including property, stakes in a bank and a brewery.

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Latest headlines:

Cyprus Plans Capital Controls As ECB Sets Ultimatum

• Bank workers protest
• Cyprus leaders agree to Plan B
• The ECB gives Cyprus until Monday to hammer out a bailout deal
• ECB Issues Statement

Complete update from Guardian Live Blog...

Another #Laiki bank, again people queuing up to withdraw cash... Panic and a sense of disbelief spreading in #Cyprus. twitter.com/janinel83/stat…

— Janine Louloudi (@janinel83) March 21, 2013

Long lines forming at #cyprus ATMs again. twitter.com/MCaruso_Cabrer…

— M. Caruso-Cabrera (@MCaruso_Cabrera) March 21, 2013

Show me the way to the next ATM! Long lines outside of every Laiki Bank we've crossed today, not other banks. #Cyprus twitter.com/janinel83/stat…

— Janine Louloudi (@janinel83) March 21, 2013

More photos from Nicosia of the lengthening queues at cash machines run by Laiki Bank, one of the two lenders who could collapse if the ECB follows through on its threat to withdraw emergency liquidity next week.

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Some of the Cyprus videos we've posted so far:

Cyprus Mob Cheers As Man Scales Embassy And Rips Down German Flag

Santelli On Cyprus: "Our Leaders Are No Different Than Europe"

Cyprus Man Threatens Bank With Bulldozer

Who's Next After Cyprus...Eventually The U.S.

Cyprus President Explains Why It's OK To Steal

MUST SEE: The Great Cyprus Bank Robbery (Genius - Profanity Warning)

A protester shouts slogans during a rally by employees of Cyprus Popular Bank outside the parliament in Nicosia.

Comments

[john]

http://rt.com/news/bulgaria-church-watch-electricity-066/

[Ok]

This is not the first video of the Cyprus demonstrators holding signs in English , Greek and Russian next to each other. In this case the English reads "We are small but strong , we don't need you" and the Russian "Russia, don't abandon us"

[SKINFLINT]

DB, Even though the auditorium that houses the parlament is smaller than the one from the high school from which I graduated, you would have to admire the fact that they ALL voted no to the ECB. Good for them is what I say. There will be hell to pay either way for these guys. I shudder to think what will happen at the beginning of next week. It may well be the shot fired across the bow.

[Cheyenne]

Let the riots begin...

http://www.cybc.com.cy/en/index.php/tv?id=91 (live feed)

[A C]

We are receiving Pornographic images when we open articles from The Daily Bail. They seem to be in Russian. How can we prevent this???

[DailyBail]

We are receiving Pornographic images when we open articles from The Daily Bail. They seem to be in Russian. How can we prevent this???

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That makes no sense. I have never heard of this issue from any reader.

Are you in the US or another country?

When did this problem start?

What do you mean receiving pornographic images when you open articles? Please provide more detail.

Could it be that your own computer is infected with malware?

Has anyone else had anything strange (pornographic or otherwise) happen when they read articles from this site?

Thanks.

[DailyBail]

SKIN

I agree absolutely. The Parliament did right by the people. Now they are in a world of hurt, unless they make the logical choice of suspending their induction into the Eurozone and then refusing to bailout the banks. I doubt it will happen. They will agree to some form of depost seizure before this is done.

[Dr. Pitchfork]

"Live free, or die"

"Liberte, Egalite, Fraternite"

"Let the riots begin..."

I like that one, Cheyenne. The perfect toast or motto for Generation Bailout.

[Dr. Pitchfork]

Last I heard, they were setting up a good bank - bad bank scheme -- still honoring the 100K Euro guarantee, but potentially whacking large depositors (and whacking bondholders and shareholders first). Sounds good to me.

[Dr. Pitchfork]

BTW, I'm pretty sure the Russian porn comment is some kind of double entendre bullshit.

[MachtNichts]

The good bishop probably is well intentioned. Question though is where does the church keep it's money?

Handing over church assets to the country, whatever that means, seems pretty stupid. No doubt it will end up in the jaws of the sharks.

Most likely the church's wealth came from the collection plates, and it should go right back to the congregation. Screw the banks.

[DailyBail]

Re: Russian porn double entendre

Again, has any had any issues whatsoever?

Thanks.

[DailyBail]

Cyprus says No to bank raid and turns to Russia: Two in three islanders now want to leave the eurozone

http://www.dailymail.co.uk/news/article-2296805/Germany-drives-Cyprus-arms-Russia-Cash-strapped-country-refuses-EU.html

Yesterday there were extraordinary reports that Cypriot leaders were refusing to take calls from the European Central Bank. Instead, they were locked in talks with Vladimir Putin’s government about a Russian bailout.

[DailyBail]

It is thought that Cyprus’s ‘Plan B’ to avoid bankruptcy will mean depositors with account balances in excess of 100,000 euros would be hit hard. Cyprus Popular Bank and the Bank of Cyprus would be split to create a ‘bad bank’.

Insured deposits – below the EU ceiling of 100,000 euros, supposedly guaranteed in the event of a bank collapse – would go into a ‘good bank’ and not sustain losses, while uninsured deposits would go into the bad bank and be frozen until assets could be sold. Losses to depositors could reach 40 per cent.

http://www.dailymail.co.uk/news/article-2296805/Germany-drives-Cyprus-arms-Russia-Cash-strapped-country-refuses-EU.html

[DailyBail]

MachtNichts

+1. Nicely put.

[MachtNichts]

No, DB no problems at my end whatsoever. Someone trying to stir the pot.

[Dr. Pitchfork]

Seriously, no Russian porn. (Anybody ever seen Russian porn?)

[MachtNichts]

If you put all the bits and pieces and some speculation together, Madame Lagarde and the IMF, based and run out of Washington, DC, had their comeuppance.

The little isle of Cyprus as a battle ground between East and West, whodathunk.

The Russian bear is rearing it's head in an attempt to counter American imperialism. They are not going to take anymore of this BS much longer.

[Vince]

You do all the bailouts you want and it will not stop the collapse!! It is inevitable!

[BP]

Another lazy nation of lazy people. Moron politicians, people who didn't work hard enough, wanted the coffee lifestyle, don't want to work or pay it back. Too bad. No pity for any of these peasant nations of Europe.

[Alberto]

"Are you in the US or another country?"

Bail,

Here's a hint. It begins with an I and ends with an l.

[George]

I'm not getting pron but my Defender-Pro anti-virus has blocked the video from being viewed, calls it mal-ware. Looks like you've been hacked.

[DailyBail]

George

The video is perfectly fine. I embedded it directly from the Guardian's website. I just double checked with a virus tool I have and there is no malware of any sort. Besides, the video is streaming so you're not downloading anything when you watch it.