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IMF Marxists Tax and Seize Personal Funds in Cyprus – Crickets Ensue

March 17, 2013 – 9:27 am EST | No Comment

NoisyRoom
By: Terresa Monroe-Hamilton

euburning

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% is 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. This is how it went down:

Banks first cooperated with the EU by sealing off the amount of the proposed levy—a 6.75 percent tax on deposits under €100,000 and 9.9 percent on those above —making it impossible for depositors to access their full amount. The only means bank customers have left is the ability to draw from the rest of their funds via ATM machines this weekend. Many depositors made their way to the machines on Saturday to drain their accounts. But the few banks that opened on Saturdays did so only briefly, and no international transfers will be able to go through until Tuesday, with Monday being the holiday. Cyprus’ Parliament is expected to meet Sunday to pass the required legislation., or after the deed was done. The deal also needs the approval of several eurozone parliaments; at the time of writing it was unclear how fast they can act and what will happen to bank deposits in the meantime.

What’s happening in Cyprus should send a chill over the entire world.

Politicians working with complicit big banks need no rule of law; no parliament debates to close in on the bank accounts of average people.

The Daily Mail:

Cash machines EMPTIED across Cyprus and 60,000 British savers face losing MILLIONS after £8.7bn EU bailout imposes tax of up to 10% on all bank accounts

  • Lines formed at ATMs as people scrambled to pull their money out
  • Word spread that rescue package included a one-off levy on deposits
  • Restrictions stopping people emptying accounts or moving money abroad
  • Up to 3,000 British service personnel are based on the bankrupt island
  • President Nicos Anastasiades agreed to raid with European finance chiefs
  • Said country in ‘state of emergency’ and not acting would be ‘catastrophic’
  • But expats accused the island of ‘plain theft’ as violent protests sparked
  • Britons have about £1.7b of deposits on island and could lose up to £170m
  • Parliamentary official: Vote scheduled for today pushed back to tomorrow
  • G. Osborne: This is what happens if you don’t show you can pay your way

Never let an emergency go to waste, eh? Cyprus’ President claims he had no choice. I don’t believe him. He made a deal with the devil, saved himself and gave up his own people. Very reminiscent of Nazi Germany. It’s fascist deja vu all over again. By the way, they did this before it was approved of by the legislature. Think it can’t happen in America? One day you could wake up and be staring down the same seizures and soon. And Martial law and jackbooted thugs will not be far behind, trust me.

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Replies

  • Coming to America soon.

  • I propose a 1 bullet for every 1% tax imposed indiscriminately on any Citizens savings or monetary transactions.  The 1 bullet to be as indiscriminately apportioned as is the 1% tax.

  • I deal in foreign currency and I can tell you that this story is coming from someone who does not have a clue as to what is going on in the background.  There are many things that are about to happen that you will not hear about from any news media, the corruption IS being dealt with on a very large global scale.  Thatls all I can say at this time.

  • Terrible!
    I recommend a website called Sovereign Man- Simon Black travels the world and has advice on how to save your assets in foreign countries

  • If you talking about the 2700 page death care bill, it has now added 20 THOUSAND MORE PAGES WITH MORE ON THE WAY.  IT NOW STANDS AT 7 FEET TALL!  GRETA VANSUSTERN SHOWED US THE BILL AND ALL THE PAGES ADDED WITH ALL THE NEW REGULATIONS AND MORE ARE BEING ADDED AS I WRITE THIS!

  • Who is John Galt.

  • THOUGH BACK YOUR HEADS AND SAY CUT HERE ,THAT'S WHAT WE ARE DOING .

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