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Government takes personal savings accounts


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#31 Happy Panther

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Posted 18 March 2013 - 09:22 AM

I just saw an article on this...

Isn't there a real risk here (no matter the other logical reasons for "holding people accoutanble" or whatever) of a run on the banks?


It sounds like they are taking steps to avoid this. They have stopped wire transfers and the banks were closed over the weekend. People tried to take money out via ATM.

I'm sure there are lines today

#32 Darth Biscuit

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Posted 18 March 2013 - 09:43 AM

It sounds like they are taking steps to avoid this. They have stopped wire transfers and the banks were closed over the weekend. People tried to take money out via ATM.

I'm sure there are lines today


That sounds awesome...


"You want your money? Ha ha, fug you!"



#33 thefuzz

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Posted 18 March 2013 - 10:02 AM

This is going to be a disaster for them....I wonder how it's going to affect world markets?

#34 TANTRIC-NINJA

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Posted 18 March 2013 - 10:23 AM

Remember when Hostess took their employee's pensions and nobody cared? Amazes me how blind some people are to bullshit because it's labeled 'corporate' instead of 'government.'


bc they are job creators...

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#35 Porn Shop Clerk

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Posted 18 March 2013 - 10:36 AM

rodeo is totally cool with the government doing poo that he gets pissy over corporations for doing


not surprised

#36 g5jamz

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Posted 18 March 2013 - 11:33 AM

Nice flip.

Damned conservatives and their banker buddies in Cypress..

oh wait...

#37 Delhommey

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Posted 18 March 2013 - 12:56 PM

My comment is that companies usually do not increase your compensation when pensions are killed.


That's cause they're docking your compensation.

#38 Delhommey

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Posted 18 March 2013 - 02:05 PM

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#39 g5jamz

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Posted 18 March 2013 - 02:26 PM

Socialists should applaud this. Prevents austerity.

It's probably going to happen at some point here in the US with 401ks, Roths, savings, etc. as long as it's evil rich people getting their money taken.

#40 GOOGLE RON PAUL

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Posted 19 March 2013 - 02:41 AM

Socialists should applaud this. Prevents austerity.


what socialists would applaud the taking of money from the poor to be given directly to capitalist bankers? it's almost as if none of you people with so many opinions on socialism have the slightest clue as to what it actually is.

http://thenextrecess...iot-bank-heist/

So here we have Cypriot banks who have been laundering money for Russian oligarchs, lending to all and sundry in speculative ventures, Icelandic style. Now they are bust and who is to pay? Not the Russian oligarchs. If it had been them, all their deposits could have been forfeited or the bank levy could just have been applied to those with over €100,000 on deposit. And it’s not the owners of Cypriot sovereign bonds who bet on the government continuing to allow the banking spree. No, the Greek and Russian banks that own Cypriot debt, or the hedge funds that bet on a bailout,will be laughing all the way to the banks. No the main payers are the poorer Cypriot deposit holders and Cypriot taxpayers. If you have €30,000 in the bank as your only savings, you will be losing €2000 forever. And that €2000 is much more important to the small saver than the rich Russian oligarch.



#41 twylyght

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Posted 19 March 2013 - 03:54 AM

Whenever I want an escape from reality, I just listen to Gospodin's musings... must be awesome

#42 g5jamz

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Posted 19 March 2013 - 06:26 AM

Euro version of rich?

http://www.telegraph...ilout-live.html

20000 Euro equals
25890.00 US Dollar

Cantrell...these are socialists confiscating the money.

#43 Harris Aballah

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Posted 19 March 2013 - 10:58 AM

what socialists would applaud the taking of money from the poor to be given directly to capitalist bankers? it's almost as if none of you people with so many opinions on socialism have the slightest clue as to what it actually is.

http://thenextrecess...iot-bank-heist/

there are plenty of examples in history books where it not only failed but cost the lives of so many civilians. (see nazis)

#44 Harris Aballah

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Posted 19 March 2013 - 11:00 AM

could you imagine if this happened in beverly hills? From friday to thursday with no access to bank cards.

#45 Delhommey

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Posted 19 March 2013 - 12:40 PM

Every once in awhile I forward some of these threads to my European friends. They're always amused. It's like those videos when they have children discuss complex adult issues.


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