"We are going to do it to YOU.
BUT our families and Moslems will be exempt."
If we have any sense at all, we will watch this happen in Cyprus, and watch it happen in Spain, and when it starts to happen in the USA, we won’t watch at all — we’ll just start shooting.
It’s already happening here. QE1, 2, 3.
Devaluing your cash by printing more does the same thing.
Good thing US Citizens are armed — too bad for those in Cyprus, I believe the Communists don’t allow freedom of arms on the Island...better call John Locke - I think he has a few...
Only 10 out of 100 people have private firearms - of that only 30 handguns are owned by private individuals... and 104,000 shotguns are owned...looks like skeet is on the menu boys!
The Cyprus Military have over 296,000 firearms...they are not shotguns...see where gun control gets the population...
Just like thieves everywhere, they might get away with their ‘deeds’ time after time. Eventually they will get get caught if they continue to do so.
The key thing after that is what should their punishment be?
Don’t ask me, I’m very tempted to go all ‘Old Testament’ on them. Maybe Hammurabi’s code will do?
Wednesday the Unions are having a ‘National Day of Protest’.
Hilarious!
The Fed spends $3.6T in 2012, $3.8 (minus $44B) or $3.756T in 2013 but there are ‘cuts’!?!? You can’t make this nonsense up!
Too believe that "it can't happen here" guarantees that it WILL happen here. So get prepared and warn everyone you know. If enough people are aware, ready, and locked and loaded then maybe the Banksters will back off.
There is no safety for honest men except by believing all possible evil of evil men. -- Edmund Burke
resurrection?
did he mean insurrection?
It has already been done. It’s called “inflation.” They steal a few percent of our money every year.
Most likely here they will do it a little slicker. There will be a 5 day banking holiday and when the banks open back up there will be a new dollar. It will take 3 old dollars to buy 1 new dollar. Viola’ a 66% devaluation. So if you had $10,000 you now have about $3,300
Ping to Article.
[Did the the author intend using the word insurrection instead of resurrection?]
Then check out graphic at # 3 , and comments # 7 , esp # 10.
Will welfare checks be reduced by ten percent? Five percent? No? Why not? Congress won't be reducing their income, either.
So Munnell proposed to Clinton an idea! Lets just go out there and seize 15% of the outstanding balance of every IRA and 401k.
Any bets that O&CO will run with that idea?.
With the finance minister of New Zealand proposing the same looting of bank account, it raises the threat factor of bank confiscations around the world.
Importantly, cash withdrawals from US banks may already face a tangible threat, because only 5% of US daily retail is backed by paper currency. So literally, if you want to withdraw over a thousand dollars at a time, when others do, every branch bank in the US could be depleted quickly, and the banks would have to limit or forbid withdrawals. (Which they can now do legally on their own.)
Bottom line: if you think you may have to withdraw a lot of cash from the bank to protect it, begin by doing so now in limited amounts. It will gradually reduce your overhead in the bank, while giving you a cash cushion in case things go sour in a hurry.
On the plus side, solid and fireproof cash boxes are now very popular in the stores.