That's right. Egypt is freezing. Not freezing cold, but freezing the assets of senior members of the Muslim Brotherhood --as well as Pro-Morsi groups. Senior members of Morsi's cabinet are also in an asset freeze.
Money talks. And now, with Egypt controlling all of the Muslim brotherhood's funds, Morsi sits silently in prison. The chances of having a fair trial are slim, and even less likely a return to power in Egypt. Mubarak's assets, as well as those of his family, were frozen a year ago. Before he was brought to trial nearly a year later.
A similar asset freeze was done earlier this year in Cyprus. The Cypriot government, to cover certain debts on the Euro, froze assets of many affluent citizens on the island. The government's plan was to reallocate funds to pay off a drastically accrued debt to the European Union.
Even more to this question, does socialism end here? Have socialist trade-ins, like free health care just been a way for governments to get elected on false hope?
Correspondent Ibrahim Abu al-Naggar reports
Money talks. And now, with Egypt controlling all of the Muslim brotherhood's funds, Morsi sits silently in prison. The chances of having a fair trial are slim, and even less likely a return to power in Egypt. Mubarak's assets, as well as those of his family, were frozen a year ago. Before he was brought to trial nearly a year later.
A similar asset freeze was done earlier this year in Cyprus. The Cypriot government, to cover certain debts on the Euro, froze assets of many affluent citizens on the island. The government's plan was to reallocate funds to pay off a drastically accrued debt to the European Union.Even more to this question, does socialism end here? Have socialist trade-ins, like free health care just been a way for governments to get elected on false hope?
Correspondent Ibrahim Abu al-Naggar reports
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