Cyprus Gov to TAKE 10% of citizens saving accounts!!

[wildrider666]

Cyprus Gov to TAKE 10% of citizens saving accounts!! This is going on to support a deal because Cyprus is going bankrupt and the Gov wants a fix by world monetary fund too. There will be a major ripple effect from this one!!!

Bet obamalma would love to use this form of "redistribution".

 

[flyandscuba]

It's only a matter of time...

I refuse to use banks -- I just don't trust them. Yes, they are insured -- but by the Feds... I don't trust them either!

I prefer to place my money in a local credit union. It may not be any safer ultimately -- but it makes me feel better.

 

[FrankT]

It is only a matter of time here...We have banned private ownership of gold before in the US, they are taxing the hell out of us now and I would not doubt other means to steal our money are going thru their devious minds.

 

[Ben Ghazi]

Yes very disturbing . some headlines

NEW EU BAILOUT PLAN: STEAL BANK ACCOUNTS...
Cyprus set to seize personal savings...
Plan moves ahead as vote delayed...
BANKS SHUT DOWN UNTIL THURSDAY...
Putin: 'Unfair, Dangerous'...
FT: Here come bank runs...
Germany: Not our idea...
Will Italy follow?
Europe's leaders run out of credit...

 

[Viking1204]

Yeah, they're pissing off the Russians in the process, that can't be good!

http://money.cnn.com/2013/03/19/news/economy/cyprus-russia/index.html?hpt=hp_t2

 

[HughJoergan]

How many trillions are in private retirement accounts (401k/Ira)???

 

[CCHGN]

This is par for the course of socialist countries. They pretty much do what they want. The citizens only have themselves to blame, they voted them in.

 

[JohnAL]

This is par for the course of socialist countries. They pretty much do what they want. The citizens only have themselves to blame, they voted them in.

Just like here.

 

[wildrider666]

Yeah, they're pissing off the Russians in the process, that can't be good!

http://money.cnn.com/2013/03/19/news/economy/cyprus-russia/index.html?hpt=hp_t2

Their pissing off the russians because the russian mafia launders their European money there. It is bringing attention to cypruss banks that they want to keep very low profile. the RM surly wants a cut of any bailout from the IMF.

 

[shootnstarz]

How many trillions are in private retirement accounts (401k/Ira)???

I think I heard $8 trillion.

Rick

 

[HughJoergan]

Whoa! 8 trillion! It's just not fair that some people are able to save so much and some aren't able to save at all!!!

We need to find a way to ensure everyone gets treated fairly.....

 

[robertmcm]

How many trillions are in private retirement accounts (401k/Ira)???

Just give them time here. There are more people in the wagon being pulled, than people actually pulling the wagon. It's coming.


What gets me is the constant devaluation on the currency by money printing out of thin air. That is a tax, and that is how they steal the money in the 401ks/IRAs. By making them worthless, or devaluing them over time.

 

[shootnstarz]

"What gets me is the constant devaluation on the currency by money printing out of thin air"

To the tune of $85 billion a month !!!!!!

Rick

 

[Ben Ghazi]

"What gets me is the constant devaluation on the currency by money printing out of thin air"

To the tune of $85 billion a month !!!!!!

Rick

yep , that is why we just paid Biden's $459,388.65 London Hotel Bill , but of course that was cheaper than Mooch's African tour

 

[wildrider666]

Bamalama is giving another $200 million to Jordan too.

 

[FrankT]

Sickening, treason is what this POTUS should be charged with!

 

[Ben Ghazi]

Sickening, treason is what this POTUS should be charged with!

we could never muster the votes and the courts are being stacked every day , and the band played on!

 

[wildrider666]

Its the Dem President way. Bill: "I did not have sexual relations with that woman."
Monica: What about your mess on my dress!
Bill: Uh.. Well.. Republicans made that woman tempt me......

 

[shootnstarz]

Good one WR ! It's like the Republicans are fighting a guerilla war with morals. The oppossion lies, cheats, covers up, slanders and blames everything on somebody else yet this behavior goes unchallenged by the supposedly our side. With a compliant media backing them up, cherry picking news and actually committing fraud by purposely cutting and editing video to suit their agenda it's going to be a herculean task to change course. I think the time has come for the Libertarian Party.

Rick