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EU - Cyprus confiscating 10% of all bank depositors money

 
Limpan

User ID: 1474973
Sweden
03/17/2013 09:26 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Euro Minister Doesn't Rule Out Taxes on Bank Deposits Beyond Cyprus
Unless eurozone officials are attempting to start a bank run across the EZ, the move to attempt an immediate tax of up to 10% on deposits being held at Cyprus banks is difficult to understand. This is either very Machiavellian move or EZ officials are extremely thick-headed as to what they think they can pull off.
Anonymous Coward
User ID: 12277324
Canada
03/17/2013 09:27 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Actually the money belongs to the owners of it...But in order to sustain the belief you all are free...You all have to think it is yours.

The top lives off the yield from the bottom.

This is what happens when you can't raise taxes fast enough to save the poor.

Unconventional measures.

The global trade system has a demand that must be met or you are punished.

There is no way to escape austerity.
bluegirlredstate
User ID: 17412035
United States
03/17/2013 09:28 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Hey Idiots! It doesn't matter what Cyprus votes.... EU law trumps laws of the soveriegn country!! Part of the "benefit" of belonging to the elite EU.
recollector

User ID: 26964049
Romania
03/17/2013 09:28 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
I think I'm gonna pull all my money out the bank Monday except a few hundred bucks! People put money in the banks because they feel like it's safe. Well not anymore! They just close the doors and steal 10 percent out of your account!?
 Quoting: zzbudzz


And the banks are only oblige to keep 10% of your money in cash.
 Quoting: Limpan




It's ONE - 1 percent...
recollector
recollector

User ID: 26964049
Romania
03/17/2013 09:30 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
.


The IMF initially wanted a higher tax on depositors.

I'm hearing 40%... can anyone confirm ??



.
 Quoting: Anonymous Coward 18850150


Zerohedge confirms your information...
 Quoting: Anonymous Coward 35890519



German Finance minister Shaube confirms it...
recollector
recollector

User ID: 26964049
Romania
03/17/2013 09:31 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Let's stop puffing up the story. Look at the facts! The vote for this to happen is on Monday.. nothing set in stone yet.

I can't stand these concise summaries that slide pretty far from the truth..
 Quoting: Anonymous Coward 30347049



IT DOESN'T FUCKING MATTER !!!!


THE INTENT was to STOLE THE MONEY !



Nobody gives a flying shit if passes ot not !
recollector
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 09:32 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
The ONLY thing the banking system has holding it together is the illusion of <b><i>Trust</i></b>, that you money is safe and that your money is yours. This action in Cyprus shoots that illusion all to hell!!!!!!!
Luisport

User ID: 36350485
Portugal
03/17/2013 09:32 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Nemo Publius &#8207;@NemoPublius
@groditi Reports that German fin min wanted "40% haircut on depositors" suggests uninsured accounts would have been enough. Cyprus chose to
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 09:35 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
The ONLY thing the banking system has holding it together is the illusion of Trust, that your money is safe and that your money is yours. This action in Cyprus shoots that illusion all to hell!!!!!!!
Limpan

User ID: 1474973
Sweden
03/17/2013 09:39 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
.


The IMF initially wanted a higher tax on depositors.

I'm hearing 40%... can anyone confirm ??



.
 Quoting: Anonymous Coward 18850150


Zerohedge confirms your information...
 Quoting: Anonymous Coward 35890519



German Finance minister Shaube confirms it...
 Quoting: recollector


LOL

Then revolution

doomsol
Anonymous Coward
User ID: 35910891
United States
03/17/2013 09:39 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Let's stop puffing up the story. Look at the facts! The vote for this to happen is on Monday.. nothing set in stone yet.

I can't stand these concise summaries that slide pretty far from the truth..
 Quoting: Anonymous Coward 30347049


You're an idiot because the damage has been done. You think if they vote no that the masses will just say "oh well" I will just leave my money in the bank and see what happens ?

There will be a bank run like you have never seen before no matter what. The trust has been broken just by the mear mention of this so called tax.
Luisport

User ID: 36350485
Portugal
03/17/2013 09:40 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Thread: Tomorrow, Cyprus could vote to leave the euro. This is political dynamite!!! Archbishop Chrysostomos of Cyprus: Cyprus is to leave the eurozone!
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 09:41 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
It doesn't matter how the Cyprus Parliament votes, the ECB, IMF, and BIS will dictate what Cyprus WILL do!!!
Limpan

User ID: 1474973
Sweden
03/17/2013 09:42 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Let's stop puffing up the story. Look at the facts! The vote for this to happen is on Monday.. nothing set in stone yet.

I can't stand these concise summaries that slide pretty far from the truth..
 Quoting: Anonymous Coward 30347049


You're an idiot because the damage has been done. You think if they vote no that the masses will just say "oh well" I will just leave my money in the bank and see what happens ?

There will be a bank run like you have never seen before no matter what. The trust has been broken just by the mear mention of this so called tax.
 Quoting: Anonymous Coward 35910891


When people get scared its over
Anonymous Coward
User ID: 21681843
United States
03/17/2013 09:42 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
The time has come. We must ALL stand together in critical mass and remind these thugs who is in charge by DEMANDING, DEMANDING this money be returned.

DO NOT ALLOW THIS TO CONTINUE. Stop feeding the machine. IF you have not done so-- pulling your money out may be a good idea. Leave enough for operating expenses. STOP BUYING their stuff, and they will cave.

We are the power.
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 09:43 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Home safe sales are going to skyrocket!!!
We Who Watch

User ID: 35975434
United States
03/17/2013 09:43 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Scary stuff. How many on GLP are going to lose that 10%?
 Quoting: Skepticnumberone


One million people affected.
7 Billion people on the planet!
That's a BIG number!
And I am one.
Limpan

User ID: 1474973
Sweden
03/17/2013 09:43 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
The time has come. We must ALL stand together in critical mass and remind these thugs who is in charge by DEMANDING, DEMANDING this money be returned.

DO NOT ALLOW THIS TO CONTINUE. Stop feeding the machine. IF you have not done so-- pulling your money out may be a good idea. Leave enough for operating expenses. STOP BUYING their stuff, and they will cave.

We are the power.
 Quoting: Anonymous Coward 21681843


Well said

hf
Anonymous Coward
User ID: 36352155
Malaysia
03/17/2013 09:48 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Money value = Human value
0311INFANTRYSIR

User ID: 969484
United States
03/17/2013 09:49 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Hey Idiots! It doesn't matter what Cyprus votes.... EU law trumps laws of the soveriegn country!! Part of the "benefit" of belonging to the elite EU.
 Quoting: bluegirlredstate 17412035


political expediency is placed above morality and the use of craft and deceit to maintain the authority and carry out the policies of a ruler
"Democracy is two
wolves and a lamb
voting on what to
have for lunch.
Liberty is a
well-armed lamb
contesting the vote"
~ Benjamin Franklin.
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 09:50 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
I wonder if Obama's "cyber warriors", DHS minions, TSA lackeys, US military personnel, etc. realize that they are NOT immune to the banksters raid on their money, savings and assets as well???????
Anonymous Coward
User ID: 33838111
United States
03/17/2013 09:57 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
So, are the people that withdrew money out of their own accounts going to be charged with theft ?
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 09:59 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Now I know why Obama (and the Democrats) built their support coalition on the backs of the poor and destitute. When the govt confiscates the middle class' money, the poor will be immune because they have nothing to lose or be taken. They're happy with getting the FREE Obamaphones and other FREE govt stuff!!!!! All Obama (and the Democrats) want in return is for them to vote for him in the polling booth.
Anonymous Coward
User ID: 36345885
Poland
03/17/2013 10:12 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
bump
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 10:13 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Now you know why Obama has been stockpiling on 1.6 billion rounds of ammunition for the DHS, 2,700 light armored vehicles (i.e. personnel tanks) for police and sheriff departments, built numerous FEMA "re-education camps" around the country, and purchased 30,000+ Bullet-proof roadside checkpoint booths. Not to mention all of the Executive Orders Obama has signed, to circumvent Congress, in his ability to implement martial law at a moments notice and at his discretion!!!

Wake up people, the shit is going to hit here as well!!!!!
Anonymous Coward
User ID: 23657849
United States
03/17/2013 10:16 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
So the socialist commies have destroyed Cyprus as well and
the blame as usual falls on Capitalism and the banks.

Typical!

boss
 Quoting: Anonymous Coward 1711362


The world is run by capitalism, dufus.
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 10:21 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
So the socialist commies have destroyed Cyprus as well and
the blame as usual falls on Capitalism and the banks.

Typical!

boss
 Quoting: Anonymous Coward 1711362


The world is run by capitalism, dufus.
 Quoting: Anonymous Coward 23657849


Are you sure?...

Capitalism - is a social system based on the principle of individual rights. Politically, it is the system of laissez-faire (freedom). Legally it is a system of objective laws (rule of law as opposed to rule of man). Economically, when such freedom is applied to the sphere of production its’ result is the free-market.

Seems to me that TPTB in their NWO agenda have been systematically eroding "Capitalism"!!!
Anonymous Coward (OP)
User ID: 25720208
United States
03/17/2013 10:26 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Cyprus may be a tiny country, but this gambit by TPTB is HUGE! There are massive repercussions waiting as to how this plays out!!!
Anonymous Coward
User ID: 36181297
United Kingdom
03/17/2013 10:26 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
i dont think this will happen around me.. banana2
im officially safer
 Quoting: Anonymous Coward 23201022

be glad you don'thave many muzzies around
 Quoting: Anonymous Coward 913721


You really are ignorant.
Indonesia is the country with the world's largest Moslem population.
SteamrolledGobias

User ID: 15716609
United States
03/17/2013 10:27 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
doom on folks


this is just a trial run. they want to see what works and what doesn't, at keeping people content while they are robbed stupid.

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