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Europe Considers Wholesale Savings Confiscation, Enforced Redistribution
zerohedge ^ | 02/12/2014 21:28 -0500 | Tyler Durden

Posted on 02/12/2014 6:38:41 PM PST by DeaconBenjamin

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All your money are belong to us.
1 posted on 02/12/2014 6:38:41 PM PST by DeaconBenjamin
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To: DeaconBenjamin

Bump


2 posted on 02/12/2014 6:41:41 PM PST by Jet Jaguar
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To: DeaconBenjamin

I wonder if the folks in EUrope knew they had voted into being an all-consuming gubamint that would eventually devour them so it could survive.


3 posted on 02/12/2014 6:42:42 PM PST by NormsRevenge (Semper Fi)
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To: DeaconBenjamin

It’s time to hang politicians from lamp posts and burn their buildings to the ground.


4 posted on 02/12/2014 6:44:47 PM PST by wny
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To: DeaconBenjamin
All your money are belong to us.

So true.

However, this is only a question of method, not result. The "investment" projects will obviously be confiscatory redistribution to keep the lid from blowing off.

We're not that different here in result, but we go about it in a different (so far) and less explicit way. When the US government's debt burden becomes too high, it will most likely inflate and tax it away, which is a different way of confiscating accumulated savings than a direct debit. The spending driving the debt will be called social investment here, too. Saaaame thing, really.

5 posted on 02/12/2014 6:46:29 PM PST by Pearls Before Swine
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To: DeaconBenjamin

Get ready for the biggest bank run in history.


6 posted on 02/12/2014 6:46:42 PM PST by deputytess (Men of the West .....stand and FIGHT!)
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The pensioned, jackbooted enforcers will be more than happy to assist in the theft.


7 posted on 02/12/2014 6:50:49 PM PST by Gene Eric (Don't be a statist!)
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To: DeaconBenjamin

“Europe Considers Wholesale Savings Confiscation, Enforced Redistribution”

Holy cow! The EU elites want to live through a second French revolution, complete with beheadings, buckets of blood and brains seeping out their various Nazi and commie orifices.

Okay. I don’t have a problem with that.


8 posted on 02/12/2014 6:51:59 PM PST by sergeantdave
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To: deputytess

Yup!


9 posted on 02/12/2014 6:53:50 PM PST by diverteach (If I find liberals in heaven after my death.....I WILL BE PISSED!!!)
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To: DeaconBenjamin

10 posted on 02/12/2014 6:58:05 PM PST by Bobalu (Happiness is a fast ISR)
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To: sergeantdave

It takes real men to have a revolution with beheadings and the like. Unfortunately all the real men in Europe died at the Somme, Verdun and Stalingrad.


11 posted on 02/12/2014 6:59:43 PM PST by henkster (Communists never negotiate.)
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To: DeaconBenjamin

Confiscate bank & pension accounts, make cash illegal, confiscate PMs. That ought to do it.
Now if you’re a good boy or girl, you might get your state allowance.
Too bad the euros don’t have a 2A.


12 posted on 02/12/2014 7:00:01 PM PST by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: DeaconBenjamin

May you live in interesting times.


13 posted on 02/12/2014 7:03:39 PM PST by Rocky (The further a society drifts from the truth, the more it will hate those who speak it. George Orwell)
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To: DeaconBenjamin
and no guns to protest with either... hummm
14 posted on 02/12/2014 7:07:15 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: DeaconBenjamin
 
 
The Obama Regime and the accompanying Politburo (congress) are feverishly taking notes.
 
 

15 posted on 02/12/2014 7:16:49 PM PST by lapsus calami (What's that stink? Code Pink ! ! And their buddy Murtha, too!)
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To: henkster

“It takes real men to have a revolution with beheadings and the like. Unfortunately all the real men in Europe died at the Somme, Verdun and Stalingrad.”

Completely understand your sentiment; however, if i were a wild-eyed barbarian, thinking that the Britons were easy pickings, I’d contact my life insurance agent first and be certain that I had burial insurance.

I’ve served with Brits, and their warriors are still first-class, kick-ass MFers who can serve a major hurt on those they perceive as the enemy.

Take care, henkster.


16 posted on 02/12/2014 7:27:38 PM PST by sergeantdave
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To: Travis McGee

Ping.


17 posted on 02/12/2014 7:34:12 PM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: DeaconBenjamin

Time for a bank run?


18 posted on 02/12/2014 7:36:51 PM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: DeaconBenjamin

Surely they will give you some type of receipt or IOU. /sarc


19 posted on 02/12/2014 7:45:03 PM PST by Mike Darancette (Do The Math)
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To: GeronL

The Conservative government in Ottawa passed a law that allows a troubled bank to confiscate some of your cash that you have on deposit. (CONFISCATE- AN UGLY WORD).
A big change in banking has taken place.
We always thought when you deposited your money in the bank it was a case where the bank merely “held” your money on deposit.
No longer. When you deposit your money in the bank you have now lent your money to the crooks.
Your deposit is now a debt that the bank owes.
In the case of bankruptcy I guess your claim goes into the pile of debt that might bring you a few cents on the dollar.
I wonder if it is the same in the USA?


20 posted on 02/12/2014 8:06:11 PM PST by lostinthesixties
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