More like rob citizens. No bank will fell any penalty from the confiscation. It all comes from deposits.
Given what I hear in media about Greece, I wonder if Cypriots also bypass paying taxes at a similar rate, using similar deceits. If so, perhaps the government will say it is just collecting their calculation of unpaid taxes…..scary, still.
That TV Show seems like a pretty good way to marginalize anyone who recognizes that it is indeed possible for a government to collapse, or worse yet, outright attack its own citizens and have some sort of reasonable way to cope with such a case. If we demonstrate the extremes, we can apply the extreme to people who aren’t extreme. You know, those of us who just understand history and the inevitable conclusion of all free republics – death from within.
What does it hurt to have an emergency evacuation plan, ready kit, and a few days worth of food, water and clothing? It’s applicable for any emergency – hurricanes, fires, earthquakes, floods, tyrannical government, etc.
Keep in mind that the government simultaneously says you should have at least a 2-week emergency supply of food, water, medicine, and other supplies, and that having such stockpiles is the sign of an “anti-government extremist”.
I’m still in utter shock. Law and Order are apparently a joke. Following, private property is a whimsical allowance so we productively fill the coffers of the central power. How can a government make that agreement? There cannot exist such legal authority.
Yes “Liberals” lets be more like Europe. This is just and fair. Savings is evil selfish hoarding. Just what can you say about this? The Europe Union is circling the drain.
I’m sure His Obaminence has thought of doing the very same sort of money grab. For now he is shaking down the U.S. through Obamacare and green energy schemes using the language of social justice.
It’s not just following Europe. Everywhere I look in analyzing the real K-12 Common Core implementation and the related higher ed transformation I run into the open acknowledgment that it is all in pursuit of a Swedish style welfare state without saying so explicitly. http://www.invisibleserfscollar.com/can-an-education-degree-authorize-bait-and-switch-political-insurrections-with-no-recourse/ is just the latest after following up on the influential but mostly off the radar Gordon Commission on the Future of Assessment in Education.
This morning I am back to reading books and reports cited in footnotes and there it is again–an insistence that the US transition to Social Citizenship view rather than a legal citizenship view. Citing British sociologist TH Marshall’s work from the late 40s.
It is quite unworkable but it is where our current education policies that are so poorly understood are taking us. And the rest of the Industrialized West for that matter. Largely hidden from public view in a taxpayer funded boondoggle that is supposed to be for a public good.
Cyprus and the Chrysler bankruptcy treatment of bondholders are just the beginning of what the politically connected nomenklatura will do to preserve power. Which involved planning for and regulating each of us.
For me, insanity was yesterday, watching Elizabeth Warren being introduced at a St. Patrick’s day event hosted by Boston Mayor Mennino as the “senior Senator from Massachusetts.” Good God, it’s true.
(She looked hideous is a kelly green sports jacket, with very pasty, puffy, ivory white skin)
(She also made threatening remarks about former Boston Mayor Ray Flynn appearing in Scott Brown ads — I guess she is just like most DEMS and wants ‘pay back’ – getting the old geezer banished form proper Dem Circles)
I am going to start emptying my savings account this week and stuffing the proceeds in cubby holes and buried jars. Cyprus is a “canary in the coal mine” portending what is ahead for the US. The POS is onboard with confiscating wealth and redistributing it.
I also think there’s a huge connection between former IMF chief Dominic Strauss Kahn, his set-up/arrest in NYC for prostitution charges (later proven false) and the rise of LeGarde, a former Chicago denizen and fried of BO.
[…] the American citizens guns from them. The gun owners most likely didn't vote for him anyway. https://legalinsurrection.com/2013/03…n-of-insanity/ Reply With […]
The EU screwed up and earned some pain… but now continues to screw up again and again by trying to avoid that pain and get it over with. Now they are going after the savers and will probably cause a massive capital flight from all of the Eurozone.
The longer you avoid your just deserts, the worse it will be when they are no longer avoidable.
I would quit the Euro immediately if I were Germany.
This was terminally stupid on so many levels, let’s begin to count the ways:
1. There was under-capitalization at two major banks there (e.g. insufficient reserves), so instead of penalizing bank shareholders, they have stolen from guarranteed deposits.
2. Bank problems, up till now were localized in the PIIGS+C I guess. Because of this theft, depositors anywhere in the EU must get nervous. If you are going to grow your way out of a stagnant economy, you need investments, that means savings, and they have just cut the savings rate throughout Europe.
3. The whole premise of guarranteed deposits is gone FOR GOOD. Now they are guarranteed except…
4. If you can raid bank accounts, why not Euro retirement plans, or stock portfolios. The whole concept of EU ‘rule of law’ is destroyed. All for $6b Euro in theft…
Willie Sutton was quoted as saying in effect, when he heard about this event, that he should have gone into government; better benefits and fewer down side effects, plus he might have qualified for a substantial bonus too. Also, he might have had more free time too.
Comments
It’s the John Dillinger Method of Financial Solvency.
“Need money? Rob banks!”
More like rob citizens. No bank will fell any penalty from the confiscation. It all comes from deposits.
Given what I hear in media about Greece, I wonder if Cypriots also bypass paying taxes at a similar rate, using similar deceits. If so, perhaps the government will say it is just collecting their calculation of unpaid taxes…..scary, still.
If everyone was a liberal, would a sane person be locked up?
That TV Show seems like a pretty good way to marginalize anyone who recognizes that it is indeed possible for a government to collapse, or worse yet, outright attack its own citizens and have some sort of reasonable way to cope with such a case. If we demonstrate the extremes, we can apply the extreme to people who aren’t extreme. You know, those of us who just understand history and the inevitable conclusion of all free republics – death from within.
What does it hurt to have an emergency evacuation plan, ready kit, and a few days worth of food, water and clothing? It’s applicable for any emergency – hurricanes, fires, earthquakes, floods, tyrannical government, etc.
Keep in mind that the government simultaneously says you should have at least a 2-week emergency supply of food, water, medicine, and other supplies, and that having such stockpiles is the sign of an “anti-government extremist”.
I’m still in utter shock. Law and Order are apparently a joke. Following, private property is a whimsical allowance so we productively fill the coffers of the central power. How can a government make that agreement? There cannot exist such legal authority.
Yes “Liberals” lets be more like Europe. This is just and fair. Savings is evil selfish hoarding. Just what can you say about this? The Europe Union is circling the drain.
Go read your Bible.
I’m sure His Obaminence has thought of doing the very same sort of money grab. For now he is shaking down the U.S. through Obamacare and green energy schemes using the language of social justice.
It’s becoming clearer everyday that the best place to keep your dough might be in the back yard.
Oh, and I do keep about thirty days of can food, water and “protection” on hand…
It’s not just following Europe. Everywhere I look in analyzing the real K-12 Common Core implementation and the related higher ed transformation I run into the open acknowledgment that it is all in pursuit of a Swedish style welfare state without saying so explicitly. http://www.invisibleserfscollar.com/can-an-education-degree-authorize-bait-and-switch-political-insurrections-with-no-recourse/ is just the latest after following up on the influential but mostly off the radar Gordon Commission on the Future of Assessment in Education.
This morning I am back to reading books and reports cited in footnotes and there it is again–an insistence that the US transition to Social Citizenship view rather than a legal citizenship view. Citing British sociologist TH Marshall’s work from the late 40s.
It is quite unworkable but it is where our current education policies that are so poorly understood are taking us. And the rest of the Industrialized West for that matter. Largely hidden from public view in a taxpayer funded boondoggle that is supposed to be for a public good.
Cyprus and the Chrysler bankruptcy treatment of bondholders are just the beginning of what the politically connected nomenklatura will do to preserve power. Which involved planning for and regulating each of us.
For me, insanity was yesterday, watching Elizabeth Warren being introduced at a St. Patrick’s day event hosted by Boston Mayor Mennino as the “senior Senator from Massachusetts.” Good God, it’s true.
(She looked hideous is a kelly green sports jacket, with very pasty, puffy, ivory white skin)
(She also made threatening remarks about former Boston Mayor Ray Flynn appearing in Scott Brown ads — I guess she is just like most DEMS and wants ‘pay back’ – getting the old geezer banished form proper Dem Circles)
I am going to start emptying my savings account this week and stuffing the proceeds in cubby holes and buried jars. Cyprus is a “canary in the coal mine” portending what is ahead for the US. The POS is onboard with confiscating wealth and redistributing it.
I also think there’s a huge connection between former IMF chief Dominic Strauss Kahn, his set-up/arrest in NYC for prostitution charges (later proven false) and the rise of LeGarde, a former Chicago denizen and fried of BO.
Ron Paul wins again.
It seems like with every passing day Dr. Paul’s ethos increases. He doesn’t even have to argue. Sh*t like this says everything.
[…] the American citizens guns from them. The gun owners most likely didn't vote for him anyway. https://legalinsurrection.com/2013/03…n-of-insanity/ Reply With […]
The EU screwed up and earned some pain… but now continues to screw up again and again by trying to avoid that pain and get it over with. Now they are going after the savers and will probably cause a massive capital flight from all of the Eurozone.
The longer you avoid your just deserts, the worse it will be when they are no longer avoidable.
I would quit the Euro immediately if I were Germany.
I bet it is adding fuel to the UK Independence Party.
This was terminally stupid on so many levels, let’s begin to count the ways:
1. There was under-capitalization at two major banks there (e.g. insufficient reserves), so instead of penalizing bank shareholders, they have stolen from guarranteed deposits.
2. Bank problems, up till now were localized in the PIIGS+C I guess. Because of this theft, depositors anywhere in the EU must get nervous. If you are going to grow your way out of a stagnant economy, you need investments, that means savings, and they have just cut the savings rate throughout Europe.
3. The whole premise of guarranteed deposits is gone FOR GOOD. Now they are guarranteed except…
4. If you can raid bank accounts, why not Euro retirement plans, or stock portfolios. The whole concept of EU ‘rule of law’ is destroyed. All for $6b Euro in theft…
Willie Sutton was quoted as saying in effect, when he heard about this event, that he should have gone into government; better benefits and fewer down side effects, plus he might have qualified for a substantial bonus too. Also, he might have had more free time too.
Oh, Willie also reminded me too that the reason he used to rob banks was that’s where they kept the money. Simple and straight forward, he was.