Heard about this driving home from work, and I got a chill down my spine. So, apparently did Chris Wysocki
March Madness is starting so the papers probably haven’t covered this yet, but across the pond in a little corner of Greece called Cyprus the government there did a quite remarkable thing. They stole 10% of everybody’s bank accounts.
It seems that socialists all over the world are watching Cyprus, because it is a test case. Essentially, the government there decided to rob their citizens, literally over-night. It’s what I call the great Cyprus Bank Robbery.
Yes, robbery. All done up in legal mumbo-jumbo.
Very few things give me nightmares… Yesterday’s event in Cyprus was one of them and the media is conspicuously silent. What do you get when you combine worldwide Marxist elitists, bankers and the media? A worldwide depression and a new dark age. The IMF is using Greece as a proving ground for the rest of us. It is a fascist Petri dish. They just implemented an across the board tax on all bank accounts over a holiday with no warning and no recourse. 9.9% if you have over 100,000 Euros in the bank, 6.75% if you have less than that. This is money being seized by the IMF, the European Union and the government of Greece to attempt to cover some of their debt. It is theft and it could have been a lot worse. The IMF had proposed a 40% haircut on all accounts.
Let that sink in for a moment. You wake up and your bank account, your 401(k), your IRA, and your Certificates of Deposit are all reduced by 10%. Oh, did I mention they froze ATMs too? Can’t have a bank run on top of this thuggery! It’s not your money anymore…
Talk about a Marxist’s wet dream. Terrifying. Just imagine what such a “tax” would do to our economy? Imagine a 24-26 % “tax” like that here. All to “solve” a problem that our government has only allowed to worsen over time.