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Government takes personal savings accounts


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#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 larry davis

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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.

#46 twylyght

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Posted 19 March 2013 - 02:09 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.


Interesting. What do your friends in Cyprus, Greece, Italy, Spain and France have to say about this?

#47 Delhommey

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Posted 19 March 2013 - 02:15 PM

That these are complex issues that you don't even begin to understand.

#48 twylyght

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Posted 19 March 2013 - 02:22 PM

Obviously so complex that they can't be explained... how about a witty little British skit?