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If this happens here, prepare for CW2.
1 posted on 03/17/2013 3:32:46 PM PDT by Red in Blue PA
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To: Red in Blue PA

back to the mattresses.

If they get away with it they will do it again, you can bet countries around the world are watching and learning


2 posted on 03/17/2013 3:33:50 PM PDT by GeronL (http://asspos.blogspot.com)
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To: Red in Blue PA

Everybody sell! I’ve been waiting for he discount.


3 posted on 03/17/2013 3:35:56 PM PDT by WriteOn (Truth)
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To: Red in Blue PA

Scares me too, I’d switch to gold but I suspect its a bubble waiting to pop.


5 posted on 03/17/2013 3:37:26 PM PDT by Nateman (If liberals are not screaming you are doing it wrong!)
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To: Red in Blue PA

Europeans are converting euros into dollars and buying gold. America has always been viewed as a secure haven during crisis. The result is a big transfer of capital into the US economy which bolsters the dollar and the economy despite Obama’s bad policies. Gold also rises due to increased demand and long term uncertainty about the American economy.


6 posted on 03/17/2013 3:38:05 PM PDT by allendale
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To: Red in Blue PA

wow... this is honestly the scariest thing that’s happened since the beginning of the great recession!

Government has basically invented a new way to cause a run on banks!

This one action has the potential to collapse the entire world economy as paniced people rush to withdraw their money from the bank.


7 posted on 03/17/2013 3:38:25 PM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: Red in Blue PA
Gold is now trading...


8 posted on 03/17/2013 3:39:57 PM PDT by Vince Ferrer
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To: Red in Blue PA
This is where our welfare state is headed.

The Beast must feed.

10 posted on 03/17/2013 3:42:27 PM PDT by skeeter
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To: Red in Blue PA

he Mexicans were a little more circumspect. Back in the ‘70s, I think, they seized all their citizens’ dollar bank accounts and converted them to pesos, then devalued the peso by something like 45%, then said the depositors could convert the remains back into dollars. Not many, if any, did.


13 posted on 03/17/2013 3:45:23 PM PDT by Oatka (This is America. Assimilate or evaporate.)
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To: Red in Blue PA

Unfortunately, it’s highly likely that the Cypriots are giving Obama ideas.


16 posted on 03/17/2013 3:47:20 PM PDT by Jack Hammer
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To: Red in Blue PA

Wont be long before Europe realizes the importance of the 2nd Amendment. And if Dems keep talking about “managing” our 401Ks they too will find out the exact definition of the 2nd Amendment.


21 posted on 03/17/2013 3:52:28 PM PDT by avacado
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To: Red in Blue PA

As I understand it, the tax is Germany’s condition for bailing out the Cypriot banks. If Germany doesn’t bail out the banks, what happens to depositor’s money?


22 posted on 03/17/2013 3:54:28 PM PDT by GrootheWanderer
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To: Red in Blue PA
Sadly, if this happens here 75% of people will meekly go along with it. Some republican pols will bluster, but do nothing. Only the people who don't have their cash tied into the theoretical electronic-credit system will be safe.

Them, and the EBT card people.

23 posted on 03/17/2013 3:55:49 PM PDT by Wyrd bi ful ard (Gone Galt, 11/07/12)
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To: Red in Blue PA

CW2 will not solve the problem, but if it does happen, let them carry the responsibility with their very lives.

Once our money is wasted by our politicians, there won’t be anything left to bury our remains.

Send them the bill for the funeral expenses. LOL.


27 posted on 03/17/2013 4:00:47 PM PDT by 353FMG ( I refuse to specify whether I am serious or sarcastic -- I respect FReepers too much.)
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To: Red in Blue PA
Raid on Cypriot deposits shakes Europeans' faith in savings

Gee, ya think?

31 posted on 03/17/2013 4:10:11 PM PDT by dfwgator
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To: Red in Blue PA

“...If this happens here, prepare for CW2....”

The sock puppet is planning on it. Rest assured. That’s why he needs that standing domestic army that just purchased all those hollow point bullets.
It’s not “IF”, it’s WHEN!!! Anyone with half a brain can see it coming.
I don’t have much, but I’ll be at the door when the bank opens first thing in the morning and pulling it out. Screw FDIC, the Fed, Obama and the rest of their sorry asses. I worked too hard for it and it’s not drawing hardly interest in there anyway. I’ll take my chances with it in my own hands.


38 posted on 03/17/2013 4:19:30 PM PDT by lgjhn23 (It's easy to be liberal when you're dumber than a box of rocks.)
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To: Red in Blue PA

So, the government taxed 60-70% of their incomes (including a lot of non-revenue producing bureaucratic jobs) so they net 30-40% then they take 10% of that....?

Socialism is a AAA team out outright Marxism.


39 posted on 03/17/2013 4:25:07 PM PDT by wac3rd (Somewhere in Hell, Ted Kennedy snickers....)
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To: Red in Blue PA

Ah, the marxists among us are salivating! This is their dream! How they would love to take the money that normal people have accumulated through hard honest work without any special privileges.
How they would love to keep it or give it to the lazy slobs who vote democrat!


48 posted on 03/17/2013 4:34:35 PM PDT by I want the USA back
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To: Red in Blue PA
Don't even joke about that. Don't even joke. Image and video hosting by TinyPic
51 posted on 03/17/2013 4:40:29 PM PDT by DrGunsforHands
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To: Red in Blue PA

What genius thought it was a good idea to take 10 percent of Cypriots’ savings? This kind of larceny isn’t going to engender faith in European banks.


52 posted on 03/17/2013 4:44:22 PM PDT by popdonnelly (The right to self-defense is older than the Constitution.)
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To: Admin Moderator

Mods, why was this taken out of Breaking News?

It is HUGE!


53 posted on 03/17/2013 4:59:46 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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