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  #1  
Old 03-18-2013, 12:10 PM
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Praxeas Praxeas is offline
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Euro Bank Heist!!!

Cypriots rushed to pull their money out of banks and ATMs before the tiny Mediterranean nation’s government could finalize a plan to seize depositors’ funds to satisfy euro zone leaders, sparking a run that prompted banks to be closed until at least Thursday.

The island nation’s leaders were huddling to come up with a way to soften the blow on average depositors, with one proposal targeting accounts with deposits above $130,000. The plan elicited an angry response from Russian President Vladimir Putin, whose nation’s oligarchs may have as much as $19 billion secretly deposited in Cyprus banks.


Read more: http://www.foxnews.com/world/2013/03...#ixzz2NurMoqss

Reminds me of the "plan" to only tax those over 200k
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  #2  
Old 03-18-2013, 12:14 PM
deacon blues deacon blues is offline
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Re: Euro Bank Heist!!!

Yep. Liberal politics and ideologies ultimate destination. But that can't happen to us, right? We are exceptions to the laws of supply and demand, right? We're America, not Cyprus, right?
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  #3  
Old 03-18-2013, 12:16 PM
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Cindy Cindy is offline
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Re: Euro Bank Heist!!!

Wow.
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Old 03-18-2013, 12:30 PM
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Re: Euro Bank Heist!!!

I am so glad I closed my Cypress checking and savings accounts years ago!
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"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.

"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.

"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."

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  #5  
Old 03-18-2013, 01:03 PM
seekerman seekerman is offline
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Re: Euro Bank Heist!!!

Well, there goes my 2 million!!

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  #6  
Old 03-18-2013, 01:11 PM
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SiblingRevelry SiblingRevelry is offline
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Re: Euro Bank Heist!!!

These are not liberal policies. These are policies designed to keep the banks propped up at the expense of the depositors. The Cypriots are right to be up in arms. The banks should have to pay out because it was the banks that got them in this mess, not the individual savers. It should be obvious that bailing out banks is not a true liberal position (and I'll remind people that our own bailout took place during the Bush administration, not under Obama. )

As it is, the Cypriots have expressed their opinion to the point that the banks are now closed until Thursday at the earliest and the haircut is being revised.
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Old 03-18-2013, 01:59 PM
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KeptByTheWord KeptByTheWord is offline
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Re: Euro Bank Heist!!!

If it happened in Cyprus... could it happen here in America?
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Old 03-18-2013, 02:02 PM
RandyWayne RandyWayne is offline
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Re: Euro Bank Heist!!!

Quote:
Originally Posted by KeptByTheWord View Post
If it happened in Cyprus... could it happen here in America?
Only a matter of time, and not much at that.
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Old 03-18-2013, 02:49 PM
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commonsense commonsense is offline
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Unhappy Re: Euro Bank Heist!!!

As I understand it, in secret meetings in the great USA, there are written plans to take individual IRA and 401k's and seize them and divide them equally so all retirees have equal funds............so yes, it could happen here!!!
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Old 03-18-2013, 02:53 PM
RandyWayne RandyWayne is offline
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Re: Euro Bank Heist!!!

Quote:
Originally Posted by commonsense View Post
As I understand it, in secret meetings in the great USA, there are written plans to take individual IRA and 401k's and seize them and divide them equally so all retirees have equal funds............so yes, it could happen here!!!
Libs have been eyeing 401K's since the early 80's.
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