Skip to main content

Posts

Showing posts with the label Bail out

State theft from private accounts is wrong no matter what the level is.

http://www.telegraph.co.uk/finance/financialcrisis/9936245/Traders-braced-for-market-turbulence-amid-bailout-chaos-in-Cyprus.html  Traders braced for market turbulence amid bailout chaos in Cyprus.   *Brussels and Nicosia try to secure a bailout for Cyprus amid a storm of controversy.  *Reports that Cyprus is working on a proposal to soften the impact on smaller savers. People withdraw money from a cash machine in the Cypriot capital It aught to be the politicians of Cyprus and the Eurozone, together with the IMF and the other bankers who should be facing "a turbulent day",  as they are arrested and interned for theft, usury and conspiracy to misappropriate funds. 

Savings stolen to bailout banks.

  http://www.guardian.co.uk/world/2013/mar/16/cyprus-savings-levy-imposed-eurozone Cyprus: panic as savings levy is imposed Cypriots reacted with disbelief at news they would have to pay a levy   Cypriots reacted with shock that turned to panic on Saturday after a 10% one-off levy on savings was forced on them as part of an extraordinary 10bn euro (£8.7bn) bailout agreed in Brussels. State endorsed theft. The theft of savings from pensioners, ex pats, UK service personnel, and the people of Cyprus generally would be regarded as the most despicable crime that any government could impose in its pursuit of "austerity" savings to secure a bailout. When this act of gross piracy is carried out by and in the name of the Eurozone "officials" in Brussels, and the bankers it becomes even more odious. The Eurozone, dominated by the Germans, the Bankers the IMF and the European political cabal sink to a new level of economic and political iniquity.

Merkel and the Greeks.

  http://www.independent.co.uk/news/world/europe/merkel-returns-from-holidays-and-wades-straight-into-eurozone-row-8038715.html Merkel returns from holidays and wades straight into Eurozone row. The demands of a German Chancellor seeking domination of Europe are well known. May she fare even worse than the last one.