You’re walking along the road, minding your own business, when a man walks up to you and demands you handover your wallet.
In your wallet is 100 euros.
The man opens your wallet and takes out 7 euros, and then walks off.
What just happened? In my mind it is just straight theft. To the EU it’s just a way of balancing the Euro books.
After this little escapade I can see that anyone in the southern EU area (Spain, Portugal, Greece. etc) will now quietly begin withdrawing their savings from the banks. (Well I would).
I suspect that that little theft is going to cause more problems to EU banks that are up shit street already.
Just saying.
Beautifully put. No doubt Max Keiser will be quoting you shortly, but without any acknowledgements.
ReplyDeleteExactly - Max is a total tosser imho.
DeleteBut it's worse than that:
ReplyDelete"You’re walking along the road, minding your own business, when a man walks up to you and demands you handover your wallet.
In your wallet is 100 euros."
You had earned 200 Euros, but they'd already taken 50% for what they call "Taxes".
I love the way that the EU hints/suggests that a lot of the money in Cypriot banks is Russian Mafia money. We'll know for certain if they carry this robbery out ... quite a few politicians incl the Cypriot President had better check if their life insurance is enough to support their families.
ReplyDeleteIndeed. But investors need to share the responsibility, not just the tax payer. That must mean depositors and savers are investors now also. Hey, you old poor widower, hand it over!
ReplyDeleteNote to Sheeple;
ReplyDeleteThis is all the proof you need TAX IS THEFT.
End Transmission.
Reposted because crappy chrome and crappy blogger ate my last comment!
In addition to savers removing their money from Eurozone banks, those countries intending to join the EU and the Euro, must now wonder whether they are sensible to proceed.
ReplyDelete