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CONFISCATION: Panicked Europeans Rush ATMs
SHTF Plan ^ | 3/16/13 | Mac Slavo

Posted on 03/16/2013 6:23:53 PM PDT by Kartographer

Over the last few years political and financial leaders in Europe and the United States have implemented policies, regulations and bailouts costing global taxpayers trillions of dollars with the promise that these measures would lead to economic growth and recovery.

What happened in Europe today is yet further proof that nothing they’ve done has fixed the underlying fundamental issues surrounding the events that led to the crash of 2008.

For those who don’t believe the government is prepared to take extreme measures that may include the seizing of retirement accounts, cash savings or even gold, look no further than Cyprus, the latest recipient of bank bailouts.

As of right now, citizens of Cyprus are scrambling to withdraw funds from their bank accounts after the EU, with agreement from the Cypriot government, announced they will decimate funds held in personal bank accounts to the tune of up to 10% of existing deposits.

(Excerpt) Read more at shtfplan.com ...


TOPICS: Business/Economy; Society
KEYWORDS: cyprus; cypruschaos; cyprusconfiscation; europeanunion; eussr; germany; greece; israel; kgbmoney; russia; turkey; unitedkingdom
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To: Venturer
Does Obamacare really give the Government authority to access our accounts?

As long as govco has the guns they can take just about anything they want.

61 posted on 03/17/2013 8:04:09 AM PDT by dearolddad (/i>)
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To: liberalh8ter

I think if one wishes to withdraw over 10K of his own money, the govt. requires forms and notification....all due to the War on Drugs..now GWOT...same same....I withdrew over the limits to adopt a child in the late 90s, forced to comply with the feds and their snooping forms.


62 posted on 03/17/2013 8:23:29 AM PDT by wxgesr (I want to be the first person to surf on another planet.)
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To: dearolddad

Aint that the truth.


63 posted on 03/17/2013 8:28:04 AM PDT by Venturer
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To: Venturer
“Does Obamacare really give the Government authority to access our accounts?”

The IRS already has the authority to take money from your account. If you don't pay your income tax, the IRS can take it from your account.

Many years ago, I worked for a company during the summer months. I didn't know they had a retirement benefit where they set aside money for the employee. I had no way to know that as it was never mentioned, no one told me. Because they had one, I couldn't claim my IRA account and deduct that amount from income. I got absolutely no benefit from their retirement plan for three months of employment but it restricted me from claiming my IRA contribution.

We didn't know it until we got a letter from the IRS that the company had a retirement plan and I couldn't claim the IRA and they were going to take the income tax owed due to that from our bank account. My husband called them, had a fit, and said we would send a check and don't dare touch our bank account.

So, the IRS can take your money anytime they want.

64 posted on 03/17/2013 9:20:05 AM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
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To: Lockbar
“Four months ago I would have made the statement “go out and get some extra-extra ammo”, except now there is no ammo to get.”

Back in January, I ordered three boxes of Remington 22LR hollow points from Cabellas, and this past week, I got a notice they were sending it. That was so long ago, I don't remember if the boxes hold 50 cartridges or 100. At that time, no order could be placed for CCI 22LR, but it could for the Remington.

I keep checking ammo sellers almost every day looking for CCI 22LR hollow points. I have three boxes of 50 CCI that I found one day about a month ago on CheaperThanDirt. They limited boxes to three and by the end of that day were sold out.

65 posted on 03/17/2013 9:35:50 AM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
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To: JRandomFreeper
“That makes is very useful, after it has been softened for outhouse paper. Better than glossy magazines.”

I save big phone books - the pages aren't glossy. My engineer relative was helping me get rid of old stuff and he opened a cabinet under a bathroom sink and saw stacks of phone books. He said, “We can throw these away.” I said, “Toilet paper.” He rolled his eyes and shut the cabinet.

He is a freaking liberal and thinks the only danger we face is GLOBAL WARMING. He thinks I am crazy as a loon for prepping.

66 posted on 03/17/2013 9:40:35 AM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
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To: liberalh8ter

Who knows what memos banks get bout this stuff from FDIC and IRS. Usually, the bank mgr gets them first, or they come down from corp office; hard to say. Doubtful US Banking Committee originated them into system; sounds like underlings’ doing with supervisors’ blessing. A lot of “things” are going to change, quickly.Get ready for it all, for when it hqppens, it’ll be too late to ‘prepwre’.


67 posted on 03/17/2013 9:48:48 AM PDT by Carriage Hill (The Greatest Power The Corrupt, Criminal US Media Has, Is The Power To Ignore The Truth.)
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To: yefragetuwrabrumuy
“Thus it would be a very good idea to have mattress money in a safe place at home.”

Hurricanes come through here so I have always kept many rolls of quarters and many $1 bills to be able to make purchases if need be and not have to worry about change from a seller. I am going to add rolls of nickles to that stash.

The one store that was open after Ike came through, was a Shipley’s Donuts around the corner from my house. Their stoves are natural gas so they kept making sausage kolaches and sweet rolls and their parking lot was full to running over. They were using candles for light in the place.

68 posted on 03/17/2013 9:51:43 AM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
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To: MaxMax
It's the left who will go first, and always has in history

That is very true. The occupy crowd is evidence of this.

69 posted on 03/17/2013 11:11:36 AM PDT by moose07 (the truth will out ,one day. liberals and logic: Never confuse the two! Hi MI# !)
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To: Sirius Lee
Better have silver, too,

Ahead of the game on that one... :)

gold Philharmonic for a loaf of bread

A Barrow load of loot!
Thanks for the reminder. :)

70 posted on 03/17/2013 11:14:37 AM PDT by moose07 (the truth will out ,one day. liberals and logic: Never confuse the two! Hi MI# !)
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To: wxgesr

Thank you for the information, I was aware of the secrecy act but thought it only pertained to deposits.


71 posted on 03/17/2013 3:50:25 PM PDT by liberalh8ter (The only difference between flash mob 'urban yutes' and U.S. politicians is the hoodies.)
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To: wxgesr

As I understand it, if a person has a pattern of withdrawing just below the limit, while they may not be required to fill out the forms, I heard that the pattern is forwarded to biig brotther.

I’d love for someone to tell me I’m wrong about this.


72 posted on 03/17/2013 6:29:20 PM PDT by TEXOKIE (We must surrender only to our Holy God and never to the evil that has befallen us.)
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To: liberalh8ter

We just did this with a couple of Roth’s. If it’s over 10,000 they have to notify the government. Fortunately ours were just under.


73 posted on 03/17/2013 6:49:10 PM PDT by MomwithHope (Buy and read Ameritopia by Mark Levin!)
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To: TEXOKIE

You are correct — it is suggestive of structured finance which is illegal.


74 posted on 03/17/2013 6:51:50 PM PDT by steve86 (Acerbic by Nature, not Nurture™)
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To: steve86

As someone said earlier on the thread, isn’t it wonderful that I don’t have a lot of money????


75 posted on 03/17/2013 7:02:40 PM PDT by TEXOKIE (We must surrender only to our Holy God and never to the evil that has befallen us.)
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To: TEXOKIE

You and me both.


76 posted on 03/17/2013 7:03:42 PM PDT by steve86 (Acerbic by Nature, not Nurture™)
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To: Marcella

The USA Government will screw the USA citzens/depositer/savers in a heart beat. In fact they have a history of doing so.

FDR - for example. Made it illegal to have gold. People were required to turn it in and were reimbursed at a the required amount in dollars.

As soon as the gold was collected, they devalued the dollar so that overnight the dollar was worth about 40% less than it had been. Out right theft would have the same impact.

That’s just one example. I am not feeling the Love from our government, and the feeling is mutual in spades.


77 posted on 03/22/2013 1:55:46 AM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: liberalh8ter

Several months ago I cashed a check for about $2000. The teller said he would have to give it to me in $50 bills as they were out of $100’s!!! This was at a large national bank in a suburb of 40,000 people!


78 posted on 03/22/2013 2:09:03 AM PDT by 21twelve ("We've got the guns, and we got the numbers" adapted and revised from Jim M.)
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To: Kartographer

http://www.freerepublic.com/focus/f-news/2108817/posts

An interesting article posted in 2008:

How Excessive Government Killed Ancient Rome (1994)
by Bruce Bartlett

EXCERPTS:

Augustus, emperor of Rome 27 B.C. to 14 A.D: An expansion of economic freedom. Augustus clearly favored private enterprise, private property, and free trade. The burden of taxation was significantly lifted … a period of “almost complete freedom for trade and of splendid opportunities for private initiative....

As early as the rule of Nero (54-68 A.D.) there is evidence that the demand for revenue led to debasement of the coinage. Revenue was needed to pay the increasing costs of defense and a growing bureaucracy....

Most emperors continued the policies of debasement and increasingly heavy taxes, levied mainly on the wealthy.
As the private wealth of the Empire was gradually confiscated or taxed away, driven away or hidden, economic growth slowed to a virtual standstill.....

AT THIS POINT THE MONEY ECONOMY COMPLETELY BROKE DOWN.

.... This forced the state to directly appropriate whatever resources it needed wherever they could be found. Food and cattle, for example, were requisitioned directly from farmers.....


79 posted on 03/22/2013 2:19:18 AM PDT by 21twelve ("We've got the guns, and we got the numbers" adapted and revised from Jim M.)
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To: 21twelve

Really makes you wonder, doesn’t it? We already know the FDIC is as stable as the Obama administration so I view my exposure to it as I would investing in real estate in Key West........only what I can afford to lose to a Hurricane.


80 posted on 03/22/2013 3:59:01 AM PDT by liberalh8ter (The only difference between flash mob 'urban yutes' and U.S. politicians is the hoodies.)
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