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Old 03-17-2013, 05:09 AM   #1
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Default Cyprus Banking deposits being confiscated!

(Reuters) - The euro zone agreed on Saturday to hand Cyprus a bailout worth 10 billion euros ($13 billion), but demanded depositors in its banks forfeit some money to stave off bankruptcy despite the risk of a wider run on savings.

The eastern Mediterranean island becomes the fifth country after Greece, Ireland, Portugal and Spain to turn to the euro zone for financial help during the region's debt crisis.

In a radical departure from previous aid packages - and one that gave rise to incredulity and anger across the country - euro zone finance ministers forced Cyprus' savers to pay up to 10 percent of their deposits to raise almost 6 billion euros.

continued....


http://www.reuters.com/article/2013/...92E02220130316

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Old 03-17-2013, 07:24 AM   #2
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it is amazing. wonder if this portends some kind of domino effect throughout the EU?
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Old 03-17-2013, 07:45 AM   #3
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If they wanted to go after money-laundering Russians they should have been a little more focused in their attack, making sure that pensioners don't get swept up with drug dealers. It would be an interesting scenario if the governments collapsed while the banks and global corporations remained. A whole new kind of world.
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Old 03-17-2013, 09:04 AM   #4
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They call theft a "deposit levy" !!!

Something not too different happened in the US in the 1930s. The gov't required citizens who owned gold to turn it over to the fed gov't for $35 an ounce.

Not long after bankers were paid more -- I can't recall the number but it was maybe $40-45 an ounce.
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Old 03-17-2013, 06:41 PM   #5
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Jim Sinclair says gold is about to surge to new highs because of gold wars now raging


http://kingworldnews.com/kingworldne..._%26_Gold.html


Today legendary trader Jim Sinclair told King World News we have just witnessed one of the most important events in history and it will have a major impact on the gold market. Sinclair, who’s father was business partners with legendary trader Jesse Livermore, had this to say in this extraordinary and exclusive KWN interview:

“The wire reports on the Cyprus situation are working overtime to try to make the case that 80% of the deposits belong to the people of Cyprus, and only 20% of the deposits belong to the Russians. That’s absolutely false. After 1985, when the ‘Robber Barrons’ of Russia took over the general economics of Russia, that was the transformation from the KGB to private business. The primary place for exported Russian funds was Cyprus.

Now, there is one leader in the world that would be very dangerous to challenge and that is Putin of Russia....

“What’s just happened is the IMF has backed up, lauded, supported, and publicized, as if it were a victory, the taking of 10% of what really turns out to be 80% of Russian ‘black money.’ Russian ‘black money’ is KGB money, now in business. The leader of Russia (Putin) was a former KGB official. Whose money do you think they have taken? This is the biggest mistake the IMF could possibly have ever made.”


http://kingworldnews.com/kingworldne..._%26_Gold.html
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Old 03-17-2013, 06:49 PM   #6
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Paul Craig Roberts says three bubbles are about to go POP!!!!

http://kingworldnews.com/kingworldne...g_Roberts.html
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Old 03-17-2013, 07:00 PM   #7
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gaffe, you think Venus was a comet.

You're ****ed in the head.
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Old 03-18-2013, 06:36 AM   #8
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Der Gaffo waits in the darkness, gleefully rubbing his hands together in anticipation of the fall of the world. Macabre, really. Given that he lives in a little cabin out in the woods, like the Unabomber, I can understand where he's coming from. He's invested all this energy in building his little life raft. If the world doesn't crash, what was it all for?
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Old 03-18-2013, 06:52 AM   #9
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Quote:
Originally Posted by Rohirrim View Post
Der Gaffo waits in the darkness, gleefully rubbing his hands together in anticipation of the fall of the world. Macabre, really. Given that he lives in a little cabin out in the woods, like the Unabomber, I can understand where he's coming from. He's invested all this energy in building his little life raft. If the world doesn't crash, what was it all for?
gaffe is a death cultist. Nothing would please him more than to see the billions of us he labels "idiots" and "clowns" (all because we don't follow Messiah-gaffe) suffer and die. He desperately wants vindication, but that requires lots of death.

He's one sick ****ed-up puppy. Who communicates from the crapper.
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Old 03-18-2013, 08:44 AM   #10
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Wow they completely shut the damn banks down til thursday.

Unreal.

I could see someone going ho hum if you didn't have any substantial money in a bank but if you do this should serve as a wake up call.

http://www.marketwatch.com/story/cyp...me_latest_news

Don't be so naive to think it couldn't happen in America. Oh wait it already is! When the full force of QE is felt people will realize they maybe they should have paid better attention.

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Old 03-18-2013, 09:37 AM   #11
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Oddly enough, the sale of mattresses in Europe have gone up.

The banks have really screwed the pooch on this one. I foresee Europeans going with an all currency economy and maybe even some good old black market stuff as well. Actually, it's probably a good thing for the world to tear down the credit economy and flush it. It's time that wealth actually represented something more than numbers on a screen. Wealth should represent production, not unicorns.
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Old 03-18-2013, 09:38 AM   #12
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So how soon before the population curve is too great, and there are too many people in this world, for currency to continue to be effective?
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Old 03-18-2013, 09:42 AM   #13
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Currency is local.
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Old 03-18-2013, 09:58 AM   #14
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Quote:
Originally Posted by Rohirrim View Post
If they wanted to go after money-laundering Russians they should have been a little more focused in their attack, making sure that pensioners don't get swept up with drug dealers. It would be an interesting scenario if the governments collapsed while the banks and global corporations remained. A whole new kind of world.
cool movie idea!
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Old 03-18-2013, 10:44 AM   #15
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Quote:
Originally Posted by Rohirrim View Post
Currency is local.
No gold is a global currency.

For those paying attention a buying opportunity happened in the sub 1,600 range.

I bet the people who just lost a few million euros wish they weren't sitting on a stack of paper that is being taken from them.

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Old 03-18-2013, 10:54 AM   #16
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C'mon Meck, Cyprus is just a 'special case', right? You know, just like Greece...and like Spain is going to be..and Portugal...if i'm in Spain or Portugal, I'm yanking all my cash out now before things hit there.
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Old 03-18-2013, 12:01 PM   #17
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Quote:
Originally Posted by Rohirrim View Post
If they wanted to go after money-laundering Russians they should have been a little more focused in their attack, making sure that pensioners don't get swept up with drug dealers. It would be an interesting scenario if the governments collapsed while the banks and global corporations remained. A whole new kind of world.
That is the plan Ro. Now it is becoming more transparent. I have been warning you about this for years. Just what do you think "New World Order" means?


These are trial balloons they are sending up. If the people stand for this the next one will be more inclusive, growing more and more invasive until the take over is complete. If we the people do not wake up to what is happening soon we will all be slaves to the banking globalists. Truth is they are doing the bidding of another older more shadowy force. Google Rothschild Zionists.
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Old 03-18-2013, 12:03 PM   #18
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Check bit coin - it's the ANSWER

Meck this will interest you
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Old 03-18-2013, 12:08 PM   #19
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Quote:
Originally Posted by Meck77 View Post
No gold is a global currency.

For those paying attention a buying opportunity happened in the sub 1,600 range.

I bet the people who just lost a few million euros wish they weren't sitting on a stack of paper that is being taken from them.
Gold, seeds, natural medicine, water purification and rural real property with water and good soil and yes guns. Been trying to convey this to my Bronco brothers and sisters for years now.
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Old 03-18-2013, 12:16 PM   #20
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I see the sky is still falling for you guys.

And when nothing happens again, it will be somewhere else that is just the next domino before systemic collapse. Just y'all wait, I tells you what.



How long would you guys have stayed in The Swan pushing those numbers every 108 minutes?
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Old 03-18-2013, 01:13 PM   #21
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Quote:
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Truth is they are doing the bidding of another older more shadowy force. Google Rothschild Zionists.
I thought it was these people:

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Old 03-18-2013, 01:24 PM   #22
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Quote:
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I thought it was these people:



No dude, it's the Rothschildian sect of the Lizard People's Front of Judea.
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Old 03-18-2013, 01:54 PM   #23
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It's always the intellectuals that are the last to figure it out (like the above two posters). They are a prisoner to their egoic mind. All you really have is a lot of information seeded in your mind by others that you have accepted as immutable truth. Think for yourself
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Old 03-18-2013, 02:35 PM   #24
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Quote:
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It's always the intellectuals that are the last to figure it out (like the above two posters). They are a prisoner to their egoic mind. All you really have is a lot of information seeded in your mind by others that you have accepted as immutable truth. Think for yourself
I've seen plenty of this new-agey bull****, or whatever the heck you want to call it, to last me.

You're just a flake.

And an easily-duped and easily-led tool for various kinds of scumbags.

You have no critical thinking skills. You're as bad as gaffe.
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Old 03-18-2013, 02:36 PM   #25
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Cyprus government raids private checking and savings accounts as citizens panic
Sunday, March 17, 2013
by Mike Adams, the Health Ranger
Editor of NaturalNews.com

(NaturalNews) The day is coming when the U.S. government will claim it "owns" a portion of all our bank accounts, and it will electronically drain our accounts of money in a grand theft scheme designed to pay off the banksters while decimating private savings.

Don't believe it? That day has already arrived in the European nation of Cyprus, where the government made a secret deal with the IMF to loot private bank accounts of up to 10% of current deposits. Banks went along with the theft, sealing off the funds from account holders. The government now plans to initiate millions of funds transfers as early as Tuesday, draining private accounts of the money the government now claims it owns.

"Restrictions have been imposed to stop people emptying their accounts or moving their money out of the country following the deal with other eurozone finance ministers, under which ordinary citizens' deposits will be directly raided for the first time," reports the Daily Mail.

It continues: "But financial experts said the move -- designed to stop Cyprus crashing out of the euro, potentially destroying the currency -- would send shock waves through the eurozone. If savers in other troubled nations fear their accounts might be next, they could withdraw their money and spark a catastrophic run on the banks."

Outright government theft of after-tax money

Just to be clear: even after you earn money by working your job and paying your taxes, any money you have in a bank account can be seized without notice as the government loots private savings to bail out wealthy bankers.

Not surprisingly, bank customers freaked out across Cyprus and began lining up in front of ATMs to withdraw as much cash as possible, causing fears of bank runs.

This seizing of private funds held in bank accounts is being called a "bailout" by eurozone cleptocrats. This is the model of theft that we are going to see replicated all across the EU as the global debt collapse takes hold. When wealthy bankers and investment houses make bad decisions on derivatives debt, they will be "bailed out" by a combination of governments creating fiat currency and / or looting the bank accounts of private citizens.

See this video for more (story continues below):



Now it's clear why DHS needs 1.6 billion bullets and armored assault vehicles

If you've been wondering why DHS thinks it needs 1.6 billion rounds of ammunition, 7,000+ full-auto assault rifles, and 2,700+ armored assault vehicles, all for use on the streets of America, the answer is now clear:

The U.S. government is going to loot private bank accounts when the global debt collapse strikes, stealing everybody's money and setting off nationwide riots that will be held in check using armored assault vehicles and automatic weapons fire.

This is what the government sees coming: A global collapse of the 1+ quadrillion dollars in derivatives debt, causing a runaway cascade of wealth destruction and bank failures. No nation on the planet carries more debt than the U.S. government, making it more vulnerable to a debt collapse than any other nation.

Once a global debt collapse spreads to America, the U.S. government will be unable to sell new debt, meaning it will have no choice but to print currency and start looting private bank accounts just to stay afloat. The value of the currency will be rapidly eroded, causing dollars that people have saved in bank accounts to plummet in value by the day. When the government loots private bank accounts, all hell will break loose in the streets, and a national state of Martial Law will be declared to try to stop the violent riots that will be unleashed in every major city.

The U.S. government, like every other government in the world, is like a cancer tumor in that it would rather kill the host than face death itself. There is no limit to the actions the U.S. government will take in an attempt to keep itself afloat, including confiscating private bank accounts, confiscating gold, demanding all gun owners turn in their guns or be arrested, and even confiscating large sectors of the economy such as the technology sector. Don't be surprised if the U.S. government seizes Google, for example, and then begins to censor the search results of all websites critical of the government.

All those in society who produce wealth will be told to hand over their wealth to the government. The billions of rounds of ammunition (and armored assault vehicles ordered by DHS) are to be used by the government to make sure the populace complies. Drones will also be used to kill any who resist by firing missiles at their homes or businesses. This is why Obama continues to claim the right to use drone strikes on U.S. soil to target "enemies" of America (meaning enemies of his regime).

How to protect yourself from government theft

As Cyprus clearly demonstrates, we are now entering the era of runaway government theft of private bank accounts. This is a warning sign of deep desperation, and it's a sign of things to come across the globe. The global debt pyramid is a fictional construct built on a house of cards, and it's going to come crashing down in a violent, desperate implosion that impacts every nation on the planet.

How can you protect yourself from this theft? Trade dollars for REAL things now, while you still can. Here's my list of real assets that are far more valuable than dollars, Euros or any other currency:

• Farm land with good topsoil and multiple water supplies (more valuable than gold!)
• Heirloom seeds


Learn more: http://www.naturalnews.com/039522_Cy...#ixzz2Nvgc1JDR
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