The people making excuses here really prove a social pattern I have observed. How extremely clear-cut does a situation have to be for people to stop taking sides. In the Zimmerman case people still took sides, even though there were little arguments for the "bad" side. Then you can come up with something almost universally agreed upon such as
this video, people still blame the guy because he "shouldn't have asked for that pack of cigarettes". Then in this thread the Cyrus officials reach into zeroday's pockets, grab his money, and run away with it. Now that is a very clear-cut situation and you can figure out who is the robber and who is being robber, yet there are still people taking different sides here?
Now hold on a second...
I'm all with you on most of what you say because I'm one of the nut-jobs here that advocate the state should stay out of the economy and be separated from money.
Also I don't say OP acted wrongly or carelessly by putting his money into a bank account. I can only imagine the pain of losing such amount and I'm not saying it's his own fault or anything like that.
But please consider what actually happened here: He invested his money in the bank (under false pretense that it would be safely "stored" there, which is not the case as we know now, in hindsight). The bank fucked up (gambled with the money and lost it).
Now what can be done is 2 options: bail-in (OP pays for the loss) or bail-out (tax-payer of Europe pay for the loss).
Actually it's hard for me to take sides here. Honestly, I'd probably have to say I'm with Max Keiser: hang the banksters! However after we chop their heads off: what then? The situation is fucking unbearable. Noone has a solution to offer. There's lots of hindsight, of course and everyone is pointing fingers and stating how things
should've been done in the first place. Well guess what: it's too late now and it doesn't matter who's at fault.
All (fiat) money will vanish because everyone will default in a huge chain reaction. The great credit contraction.
The thing that's most jacked up about the Cyprus issue is, the Cypriot bankers believed the European Union leaders enough to invest bank money into Greek bonds. The EU acted like Greek bonds were still safe once propped up by EU backing! So believing the hype put off by the EU leaders, the bankers placed their bets (investments). So don't go blaming just the Cypriot bankers for this mess. The EU encouraged it, and EU leaders led the bankers down this path. Now that it's all gone bad all of a sudden the EU leaders want to step aside and blame the Cypriot bankers for trusting the EU word that Greece was a safe place to invest. (So if you want to hang bankers, make sure you also hang EU politicians alongside them!)
That's the most disgusting thing about this whole Cypriot bank mess to me, that the Cypriot bankers are being blamed 100% and nobody is placing any blame on the EU, even though it was EU leaders' lies that led the Cypriot bankers to making the bad investments. And that's why I think this whole "bail-in" is so much hypocrisy.
One politician is even saying that it's all because A. Merkel wants to appear tough while spending German money on this bail-out is the reason why they are burning the Cypriot bank customers. He's saying that basically this "bail-in" plan is a job security strategy for Ms. Merkel who comes up for re-election sometime this fall, that she's terrified of not appearing tough enough for the German voters to keep her job after the next election cycle.