[CAF Note: In the following editorial from Forbes, Steve Forbes describes the dangers of various forms of confiscation. While we have covered these issues for many years on this blog and on The Solari Report, I find it a significant and welcome development that they are being discussed this openly in Forbes.]
By Steve Forbes
Don’t put it past our politicians to try it in a financial emergency. The breaking of contracts by the U.S. government, unfortunately, has happened before, and what’s under way in Cyprus shows that feckless politicos will continue to try such things.
