I just cannot see how this is legal to legally rob every bank customer of 10% of their holdings. Where is the contract they signed agreeing to this? NO LEGAL STANDING, NO CONTRACTS ENTERED INTO VOLUNTARILY.
Get out of the banks now if you want any of your money. I would consider it. Also consider if you need your 401k money, if you don’t want it federalized propping up bonds, if you don’t want to prop up bonds.
This stuff is getting insanely ridiculous. Heat is being turned up on a hundred different issues.
It’s legal because it’s being taken by the people who decide what’s legal and what’s not.
Yup it’s a TAKEN not a Tax.
Yes, this is theft, pure and simple. It would be more honest for the EU to simply say: You have money, we need money, therefore we are going to take your money.
I wonder if Cyprus has anything like a 2nd Amendment.
The left has long had their eyes on 401K’s and private retirement accounts. They have proposed to take them and then put all those people on SS, or something, in return.