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03-18-2013, 12:10 PM
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Go Dodgers!
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Join Date: Feb 2007
Posts: 45,794
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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
__________________
Let it be understood that Apostolic Friends Forum is an Apostolic Forum.
Apostolic is defined on AFF as:
- There is One God. This one God reveals Himself distinctly as Father, Son and Holy Ghost.
- The Son is God himself in a human form or "God manifested in the flesh" (1Tim 3:16)
- Every sinner must repent of their sins.
- That Jesus name baptism is the only biblical mode of water baptism.
- That the Holy Ghost is for today and is received by faith with the initial evidence of speaking in tongues.
- The saint will go on to strive to live a holy life, pleasing to God.
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03-18-2013, 12:14 PM
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Pride of the Neighborhood
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Join Date: Feb 2007
Posts: 6,166
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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?
__________________
When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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03-18-2013, 12:16 PM
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Forever Loved Admin
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Join Date: Dec 2007
Location: Texas
Posts: 26,537
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Re: Euro Bank Heist!!!
Wow.
__________________
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
2 Chronicles 7:14 KJV
He hath shewed thee, O man, what is good; and what doth the LORD require of thee, but to do justly, and to love mercy, and to walk humbly with thy God? Micah 6:8 KJV
Beloved, now are we the sons of God, and it doth not yet appear what we shall be: but we know that, when he shall appear, we shall be like him; for we shall see him as he is. 1 John 3:2 KJV
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03-18-2013, 12:30 PM
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Administrator
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Join Date: Feb 2007
Posts: 16,848
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Re: Euro Bank Heist!!!
I am so glad I closed my Cypress checking and savings accounts years ago!
__________________
"I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"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."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
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03-18-2013, 01:03 PM
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Banned
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Join Date: Apr 2010
Posts: 5,406
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Re: Euro Bank Heist!!!
Well, there goes my 2 million!!
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03-18-2013, 01:11 PM
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Registered Member
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Join Date: Nov 2007
Location: In the shadow of Red Mountain
Posts: 238
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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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03-18-2013, 01:59 PM
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On the road less traveled
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Join Date: Dec 2010
Location: On a mountain... somewhere
Posts: 8,369
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Re: Euro Bank Heist!!!
If it happened in Cyprus... could it happen here in America?
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03-18-2013, 02:02 PM
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Registered Member
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Join Date: Jul 2007
Location: AZ
Posts: 16,746
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Re: Euro Bank Heist!!!
Quote:
Originally Posted by KeptByTheWord
If it happened in Cyprus... could it happen here in America?
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Only a matter of time, and not much at that.
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03-18-2013, 02:49 PM
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Registered Member
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Join Date: Feb 2007
Location: following the lewis and clark trail
Posts: 2,476
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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!!!
__________________
"Le sens commun n'est pas si commun."
(Common sense is not so common.)
Voltaire
Common sense is genius dressed in working clothes.
Ralph Waldo Emerson
Common sense and a sense of humor are the same thing, moving at different speeds. A sense of humor is just common sense, dancing.
William James
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03-18-2013, 02:53 PM
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Registered Member
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Join Date: Jul 2007
Location: AZ
Posts: 16,746
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Re: Euro Bank Heist!!!
Quote:
Originally Posted by commonsense
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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Libs have been eyeing 401K's since the early 80's.
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