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View Diary: BREAKING NEWS: Parliament of Cyprus Rejects "Bailout," Bank "Haircut" (143 comments)

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  •  Who are the "Cypriots"? (2+ / 0-)
    Recommended by:
    3goldens, JesseCW

    The president may have wanted it that way, but clearly not the people of Cyprus, and clearly not most of the members of parliament.

    •  To save on verbiage, I meant the government's (2+ / 0-)
      Recommended by:
      Gary J, Aquarius40

      negotiators.

      In a parliamentary system, having a bill rejected is extraordinarily rare - there are no checks on the government because the government is by definition the lower house's majority party.  Imagine a system where we had only a figurehead president, a Senate with no real powers, and where the Speaker of the House of Representatives was the head of the government.  Since the Speaker is chosen by the majority, the vast majority of bills will pass.  Only when the backbenchers revolt do bills not pass, and that's quite rare - the majority party in a parliamentary system wields enormous power and can end the backbenchers' careers.

      "The first drawback of anger is that it destroys your inner peace; the second is that it distorts your view of reality. If you come to understand that anger is really unhelpful, you can begin to distance yourself from anger." - The Dalai Lama

      by auron renouille on Tue Mar 19, 2013 at 03:30:35 PM PDT

      [ Parent ]

      •  Cyprus has an executive President (4+ / 0-)
        Recommended by:
        auron renouille, AoT, JesseCW, mrkvica

        What you say is true of Parliamentary systems, when there is a stable majority. However Cyprus does not have such a system. It chose, when it became independent from the United Kingdom, not to have a Westminster style government.

        There is no man alive who is sufficiently good to rule the life of the man next door to him. Sir Rhys Hopkin Morris, M.P.

        by Gary J on Tue Mar 19, 2013 at 04:48:54 PM PDT

        [ Parent ]

        •  Thank you, I stand corrected :). *blush (0+ / 0-)

          "The first drawback of anger is that it destroys your inner peace; the second is that it distorts your view of reality. If you come to understand that anger is really unhelpful, you can begin to distance yourself from anger." - The Dalai Lama

          by auron renouille on Tue Mar 19, 2013 at 04:51:36 PM PDT

          [ Parent ]

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