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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (40069)

3/17/2013 2:46:22 PM

From: longnshort

1 Recommendation Respond to of 85487

Socialists ready to make power grab of world citizens’ money

- Judi McLeod ( Bio and Archives) Sunday, March 17, 2013
(6) Comments | Print friendly | Subscribe | Email Us

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Get your money out of the banks.Due to an “emergency deal reached today in Brussels”, a one-time 9.9% tax is to be levied on Cypriot bank deposits of more than 100,000 euros effective Tuesday, March 19.

Virtually overnight and with no warning of any kind, the emergency tax deal was imposed on the people of Cyprus without vote or debate. People ran to ATM machines today only to discover that the taxed amount of their cash had already been frozen.

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Monday in Cyprus is a nationalholiday, the first day of Greek Orthodox Easter.

Nor is this emergency only inflicted upon the so-called rich as even deposits under 100,000 euros will now be taxed at 6.7%.

“If it can happen in Cyprus, it can happen anywhere,” worried British correspondent Anna Grayson told Canada Free Press (CFP) in an overseas telephone call today.

“Is this why the U.S. Department of Homeland Security has purchased millions of hollow point bullets, is this why rumors of an underground bunker being built for Obama are circulating?”

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The bottom line of the Cyprus story is that politicians are forcing a new 10 billion euro bailout—to be paid directly from the bank accounts of ordinary people.

The people of Cyprus, most of whom never saw this coming, never had a chance. Without social media they would not have known their accounts were frozen as of today.

People poured into the streets, making a run on ATM machines. A crowd of around 150 protesters massed in front of the presidential palace late in the afternoon at the beginning of the three-day religious holiday on the island.

Cyprus is the fifth country to seek a bailout following Greece, Ireland, Portugal and Spain but the terms of the deal are a radical departure from previous schemes.

No one will escape the bailout deal which will apply to everyone from pensions to Russian oligarchs, who are alleged to have billions stashed away in what officials claim is a bloated Cypriot banking sector. (Sky News, March 16, 2013).)

The blueprint laid by cunning EU Socialist finance ministers comes at a time when the USA is being led by a Socialist president.

This is how the EU robbed the people of Cyprus:

Banks first cooperated with the EU by sealing off the amount of the proposed levy—a 6.75 percent tax on deposits under €100,000 and 9.9 percent on those above —making it impossible for depositors to access their full amount. The only means bank customers have left is the ability to draw from the rest of their funds via ATM machines this weekend. Many depositors made their way to the machines on Saturday to drain their accounts. But the few banks that opened on Saturdays did so only briefly, and nointernational transfers will be able to go through until Tuesday, with Monday being theholiday. Cyprus’ Parliament is expected to meet Sunday to pass the required legislation., or after the deed was done. The deal also needs the approval of several eurozone parliaments; at the time of writing it was unclear how fast they can act and what will happen to bank deposits in the meantime.

What’s happening in Cyprus should send a chill over the entire world.

Politicians working with complicit big banks need no rule of law; no parliament debates to close in on the bank accounts of average people.

Get your money out of the banks wherever you are, and do it as soon as possible.

To: koan who wrote (40069)	3/17/2013 3:29:49 PM
From: Sdgla	2 Recommendations Respond to of 85487

Democracy as a guide or motive to progress has long been known to be incompetent. None of the legislative assemblies of the great modern states represents in universal suffrage even a fraction of the strength or wisdom of the community. Great nations are no longer led by their ablest men, or by those who know most about their immediate affairs, or even by those who have a coherent doctrine. Democratic governments drift along by the line of least resistance, taking short views, paying their way with sops and doles, and smoothing their path with pleasant-sounding platitudes. Never was there less continuity or design in their affairs, and yet toward them are coming swiftly changes which will revolutionize for good or ill not only the whole economic structure of the world but the social habits and moral outlook of every family.

To: koan who wrote (40069)	3/17/2013 3:31:54 PM
From: Brumar89	1 Recommendation Respond to of 85487

That wasn't the question .. it was why are you "friends of blacks" doing such a terrible job educating their kids? You don't have an answer. As for why they vote Democrat, that would be largely because they're not well educated in how economies work. And in some cases, the political bosses in their neighborhoods vote them Democratic for them. Most blacks support school choice, they don't support gay marriage and illegal immigration, but they vote against their economic interests due to the power of political machines. One thing Democrats do well is build ethnic political machines ... they've been doing it since the Irish came over during the potato famine.