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Old 03-19-2013, 12:10 AM  
Bewbies Bewbies is offline
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The Great Cyprus bank robbery

Has nobody really brought this up? Huge news of a tiny little island being used as a beta test for the EU and the USA. (no tin foil hat needed)

http://theeconomiccollapseblog.com/a...-it-everywhere

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yprus is a beta test. The banksters are trying to commit bank robbery in broad daylight, and they are eager to see if the rest of the world will let them get away with it.

Cyprus was probably chosen because it is very small (therefore nobody will care too much about it) and because there is a lot of foreign (i.e. Russian) money parked there.

The IMF and the EU could have easily bailed out Cyprus without any trouble whatsoever, but they purposely decided not to do that. Instead, they decided that this would be a great time to test the idea of a "wealth tax". The government of Cyprus was given two options by the IMF and the EU - either they could confiscate money from private bank accounts or they could leave the eurozone.

Apparently this was presented as a "take it or leave it" proposition, and many are using the world "blackmail" to describe what has happened. Sadly, this decision is going to set a very ominous precedent for the future and it is going to have ripple effects far beyond Cyprus.

After the banksters steal money from bank accounts in Cyprus they will start doing it everywhere. If this "bank robbery" goes well, it will only be a matter of time before depositors in nations such as Greece, Italy, Spain and Portugal are asked to take "haircuts" as well.
http://theeconomiccollapseblog.com/a...tfolio-is-safe

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Many of you may be entirely convinced that the Great Cyprus Bank Robbery could never happen in America.

Well, where do you think this whole plan was dreamed up?

It was the IMF that reportedly pushed the hardest for the wealth tax in Cyprus, and the IMF is headquartered right in the heart of Washington D.C.

Almost every nation on the planet has to deal with the IMF. It is an organization that is dominated by the United States and that is always involved when there is an international debt crisis.

If the IMF thinks that it is a great idea to steal from bank accounts to solve a financial crisis in Cyprus, why wouldn't they impose a similar solution in other countries in the future?

And if bank accounts are no longer safe, are there any truly safe places to put your money?

You can trust the politicians when they tell you that an unannounced "wealth tax" will never happen where you live if you want, but that is the exact same lie that the politicians in Cyprus were telling their people until the day that it happened. The following is from an article in the Cyprus Mail...

And after all, President Anastasiades had emphatically declared in his inauguration speech that “absolutely no reference to a haircut on public debt or deposits will be tolerated,” adding that “such an issue isn’t even up for discussion.” Finance Minister Michalis Sarris made similarly reassuring statements, arguing that it would be lunacy for the EU to impose such a measure because it would threaten the euro system.
There's a ton of articles out there about this thing, will post from a news source in next post. I put these up for discussion sake. Background story coming...
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Old 04-03-2013, 07:50 PM   #46
scott free scott free is offline
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Originally Posted by BucEyedPea View Post
Well, a major very successful investor has said he's taking his money out of the banks.
There are a few that are not fractional reserve and don't loan money—especially to governments.
There's even some privately insured credit unions. I must admit the mattress is looking very good these days. This is supposed to be the canary in the mine, meaning it could go global....at least the taxing of deposits. We're all on direct deposit these days.
Well if i were that investor, i'd be doing that too, as much as possible. Several very professional, savvy people i know have went heavy into gold, silver, and lately, stocking up on assault weapons and gear... tangible materials, as a strong hedge against what they see happening in the world.

Banksters, if that isn't a perfect word.
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Old 04-03-2013, 07:58 PM   #47
BucEyedPea BucEyedPea is offline
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Originally Posted by scott free View Post
Well if i were that investor, i'd be doing that too, as much as possible. Several very professional, savvy people i know have went heavy into gold, silver, and lately, stocking up on assault weapons and gear... tangible materials, as a strong hedge against what they see happening in the world.

Banksters, if that isn't a perfect word.
I have a bank list and know which ones have been downgraded from a year ago. There's not enough money in FDIC to protect all the banks. Yes, they are banksters allright.
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Old 04-05-2013, 10:18 PM   #48
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