The 40% Cash Grab In Cyprus

[NJCardFan]

http://brainerddispatch.com/opinion/...ent-money-grab

Think this can't happen here? Cyprus is now taking 40% of all money in Cyprian banks from accounts with more than 100,000 Euro's. There are Democrat politicians salivating to do that here.

[Odysseus]

http://brainerddispatch.com/opinion/...ent-money-grab

Think this can't happen here? Cyprus is now taking 40% of all money in Cyprian banks from accounts with more than 100,000 Euro's. There are Democrat politicians salivating to do that here.

I've told Mrs. O that we need to start moving our money out of the bank and into precious metals, and she looks at me like I've grown another head. She lived through the collapse of the Pound in Britain during the 70s, but still doesn't believe that it's happening here.

[ABC in Georgia]

http://brainerddispatch.com/opinion/...ent-money-grab

Think this can't happen here? Cyprus is now taking 40% of all money in Cyprian banks from accounts with more than 100,000 Euro's. There are Democrat politicians salivating to do that here.

I agree with you, it can happen anywhere, why would the USA be exempt from such a theft ... what with the fools we have in power at the moment? I get very upset with folks (the uninformed) that keep saying that whatever bad economical news is taking place all over the globe "that it can't happen here."

They have their heads deeply rooted in the sand. Do they forget that we are up to our eyebrows in a debt that can NEVER be repaid ... even if all the billionaires in the country donated ALL their money in order to help pay down the debt?!!!

BTW ... 100,000 Euro dollars equals approx. $130,000 US. , and those that keep that much in their bank account, instead of wisely investing it ... are out of their minds!

[SarasotaRepub]

Man, the Russian Mafia is not going to be pleased...

[Bailey]

Man, the Russian Mafia is not going to be pleased...

I would not want to be a person who voted for that lol

[ABC in Georgia]

I would not want to be a person who voted for that lol

Oh Mercy!

Guess they had better start writing their so-called "suicide" notes now, while they still can!

[Bailey]

Hey Lindanumbers when are YOU going to get worried? I know you have at least 6 figures in the bank (hell you work for the govt) maybe its time to worry about it? I work in the private sector so I don't have anything to worry about.

[Rockntractor]

Hey Lindanumbers when are YOU going to get worried? I know you have at least 6 figures in the bank (hell you work for the govt) maybe its time to worry about it? I work in the private sector so I don't have anything to worry about.

She will be here soon to correct your spelling and other errors.

[Novaheart]

I've told Mrs. O that we need to start moving our money out of the bank and into precious metals, and she looks at me like I've grown another head. She lived through the collapse of the Pound in Britain during the 70s, but still doesn't believe that it's happening here.

I have to wonder about the commercials I hear on Talk Radio for precious metals. They don't make sense to me.

Case in point (quotes indicate announcer) :

"There is a silver shortage. 90% of the world's silver has been used up. The US Mint ran out of silver twice last year. We think that the price of silver should be double what it is at present."

Which makes you wonder why they have so much of it to sell, why they need to promote the sale, and why if you order now and spend over $5000 they will give you a free silver polar bear coin for every 20 that you buy.

Listen to the ads on talk radio. It's enough to make you distrust everyone.

The shows bitch about Obama but the ads invoke his name in trying to get you to refinance your home and do some other stuff.

The shows claim their audience are responsible people who are being ripped off by the government for the benefit of the shiftless but the ads are for disability lawyers, foreclosure defense lawyers, wrongful termination lawyers, wage-hour violations lawyers, mobility scooters, Medicare covered procedures, 1-800-ax-gary, etc...