An alarm has begun to sound in Europe, an alarm of shock, disbelief, and dismay. For Cyprus to receive a bail out of 10 billion Euros, it has had to
accept negotiated consequences of levying a one-off tax against the savings of its people. Rightly, the Cypriot and non-Cypriot people with savings in
Cypriot banks are not happy about this, and thus the Cypriot financial system potentially teeters on a financial collapse due to a possible run on
The Cypriot people want to withdraw their money, but it is already too late for them. Banks are closed, and electronic transactions have been blocked,
halting any chance of the people rescuing their money from the levy that comes into effect on Tuesday 19th March. In effect, the levy has already been
applied before its activated date. Until Tuesday, it should be business as usual, but this is not so, people have been blocked from withdrawing their
money, and thus, regardless of the reason, its importance or neccessity, has to construe an illegal state act of financial prohibition.
Those of us in other European and non-European countries not directly affected by this state seizure of people's savings in Cyprus, will no doubt look
upon this as a 'test bed' for future seizures by other countries governments. How the Cypriot people react will determine to some degree the manner in
which future seizures will be applied elsewhere in other countries. There is no doubt that the negotiators to the bailout expect some form of unrest
and anger, only the scale of its ferocity will sway the levy to re-negotiation. Then again, perhaps, a re-negotiation was always on the cards. The
people respond with vociferous anger, the negotiators return to the table and come back with a diluted form of the original plan, thereby getting
acceptance and compliance from the people to the idea of the seizure, allbeit in a diluted form? Brilliant manipulation is it not?
Instead of losing 6.75%, you only lose 3.5% (for instance), and grumbling reluctantly, one thinks one has escaped the worse of it, while the financial
elite get their injection of billions of Euros. Except for one important point, they have still seized money from the people's
It will be often pointed out by certain people, that it is better to lose a little than to lose a lot. That it is better to stave off financial
collapse by bailing out and propping up the companies that have brought the country (or countries) to the point of financial meltdown, rather than
letting them fail, as the consequences will apparently be more severe? Regardless of what path is taken, hardship is what you are buying for your
future. The only difference between financial collapse and staving it off is, that by staving it off you are effectively saving the very companies
that caused the financial debacle, and are thus rewarding the people of those companies...are they losing their jobs whilst you are losing yours to
economic austerity measures? I think not.
They played the gamble, and now you and I are having to pick up the tab. Not by any stretch of the imagination do I consider that right in any moral
social sense. As far as I am concerned, you and I should not have to pay a single penny towards financial recovery...our money has already been taxed.
It's the principle of the thing, and the moral righteousness of it! If I am going to suffer I damn well expect those that created the mess to suffer
more profoundly. That is justice, but I am not seeing it. As I am struggling just to survive daily, those bastards who caused it all are living in the
lap of luxury, still getting absurd bonuses, and not struggling at all. No! Collapse the system! At least that way everyone suffers equally!
This crisis has been prepared for and expected for over the last thirty years. Deregulation of financial laws, and new schemes introduced by which to
get the ordinary man and woman to save money in banks, pension schemes, and other investment avenues, were created in order for one thing, to
give governments pools of reserve money to seize in relevant crises.
Government debt is now out of control, and but for the fact that interest rates are being kept artificially low, many countries would already have
seen utter financial collapse. It is the rise in interest rates that you will need to look out for, because rise they eventually will, but governments
will come to seize your personal savings long before they rise, as it will be a mechanism they will implement to try to stave off collapse, but with
little to no guarantee that it will work. Financial collapse is actually underway, but it is being controlled and slowed, so that the man and woman in
the street don't fully cognize that fact.
Austerity measures are mechanisms being used to stave off collapse, not to pay debt that cannot ever be paid. Austerity measures are not means to
recovery, but the last gasping financial breaths of countries that cannot pay their debt, because it is of a magnitude way beyond its GDP! Seizures of
personal savings are nothing more than temporary morphine injections into the veins of a dying austere carcass.
Banks are nothing more now than reservable pools of seizable assets which governments look upon as useable resources. Yes, it may well be your money,
but you're not the only one whom may use it. Governments only have to manufacture a crisis in order to justify grabbing it.
Think not that buying gold and other commodities will save you. Roosevelt's Executive Order 6102 in 1933 prohibited people from hoarding gold as a
means to safeguard their money, and such an order will be used again if necessary. So, no matter how much you have locked up in whatever commodity,
they will take that as well.
Will a recovery occur? The answer to that is both 'no' and 'yes', with emphasis on 'no'. In order to fully recover, the system has to change
completely and utterly, and it may be that they are trying to do this behind the globalising agenda. They will make it as bad as controllingly as
possible, so that the people's of nations will accept the path of the agenda. Only when they have our full compliance will they allow a recovery to
edit on 18/3/13 by elysiumfire because: (no reason given)
edit on 18/3/13 by elysiumfire because: (no reason