Europe Considers Wholesale Savings Confiscation, Enforced Redistribution

reply to post by violet


People of the EU should ask yourself why on earth would they say something like this? They have to figure it could cause a bank run so why would they want to do that? Is this part of a bigger plan........What if.




If you are smart you will be ahead of the curve and take your money out while you still can. The bigger question is why would they ever say something like this to the public.


This story truly freaks me out.......Why on earth would would they say this.........SCARY it really is....... and I am not a sky is falling type of person.

so intsead of going after the ultra rich they go after average joe...and the the 85 richest people who hold the majority still hold it without spending a dime...what a surprise...not....

well this will be a lesson had learnt by the majority

reply to post by bobs_uruncle


If any country does that anywhere it is considered wrong. It may be the EU leadership that decides but ultimately each member state would be responsible for its own citizens. If the same thing happened to a third world nation by a brute dictator the west would quickly sound the alarm. The world over would be outraged. Such actions are more than wrong or illegal, they are equivalent to murder. If all goes wrong the entire country is then plunged into poverty and could stay that way for several generations. The death such a tragedy will cause actually pales in comparison to the damage that will be done because of scarcity and survival decisions. The humbling of a people when it is made to beg for survival changes their culture and their concept of dignity. If all of Europe is plunged into poverty their spirit will be broken.

Such are the actions of tyrants.

die and let die. That is their fate.

hopenotfeariswhatweneed
so intsead of going after the ultra rich they go after average joe...and the the 85 richest people who hold the majority still hold it without spending a dime...what a surprise...not....

well this will be a lesson had learnt by the majority

I am not trying to offend you but your mindset is the same as the people wanting to do this. The progressives put the rights of the masses over the rights of the individuals . Wrap your head around it and it might show you a different way to look at it.





The progressive way has never worked in the past and it will fail in the future.....It has fatal flaws the biggest being the need for individual rights.

Here's an idea, why don't they confiscate the savings and assets off the houses of Rothchild, Rockefeller, Morgan and Carnegie first, then the Vatican, then the Royal family, then all the Billionaires and then the multi-millionaires.

Then we will see how things sit, I reckon my bank account would go up - just like everybody elses.

Now that's my idea of forced redistribution of wealth.

Moet for everyone.........

Sublimecraft
Here's an idea, why don't they confiscate the savings and assets off the houses of Rothchild, Rockefeller, Morgan and Carnegie first, then the Vatican, then the Royal family, then all the Billionaires and then the multi-millionaires.

Then we will see how things sit, I reckon my bank account would go up - just like everybody elses.

Now that's my idea of forced redistribution of wealth.

Moet for everyone.........

Like I said to the other poster PTB mindset on this is not the far off from yours. These men while scumbags still should enjoy the same rights as everyone else. This is the problem at it's core.


This is what allows them to do things like this they put the masses rights and needs over the individuals right and needs. If we had leaders who believed in individual rights redistribution would never happen. This is the cold hard truth and why progressive governments in the past fell apart. Just look how the dream worked in Germany,Italy,Russia,China.

It's not only the EU where this is planned for, the US is also looking at similar schemes.

www.shtfplan.com...

The government is flat broke.Even by their own assessment, the US government’s “net worth” is NEGATIVE 16 trillion. That’s as of the end of 2012 (the 2013 numbers aren’t out yet). But the trend is actually worsening.

In 2009, the government’s net worth was negative $11.45 trillion. By 2010, it had dropped to minus $13.47 trillion. By 2011, minus $14.78 trillion. And by 2012, minus $16.1 trillion.

Here’s the thing: according to the IRS, there is well over $5 trillion in US individual retirement accounts. For a government as bankrupt as Uncle Sam is, $5 trillion is irresistible.

They need that money. They need YOUR money. And this MyRA program is the critical first step to corralling your hard earned retirement funds.

And I reckon they won't stop at retirement funds!
All this is, is sheer theft of private money to pay off government debt, to private bankers.

SubTruth

hopenotfeariswhatweneed
so intsead of going after the ultra rich they go after average joe...and the the 85 richest people who hold the majority still hold it without spending a dime...what a surprise...not....

well this will be a lesson had learnt by the majority

I am not trying to offend you but your mindset is the same as the people wanting to do this. The progressives put the rights of the masses over the rights of the individuals . Wrap your head around it and it might show you a different way to look at it.









The progressive way has never worked in the past and it will fail in the future.....It has fatal flaws the biggest being the need for individual rights.

edit on 14-2-2014 by SubTruth because: (no reason given)

i am not offended...i just cannot get my head around it....redistribution of wealth is needed ...just that they need to target the people whom have way way too much not the average joe who has worked their ass off to get to where they are to be comfortable.....i am all for people being comfortable just not the people who hoard wealth,get major tax breaks and are basically in bed with government to further they takings....we the people need to work with each other and not against each other to better society as a whole not just to benefit a few

reply to post by SubTruth


I'm in Canada. If it is in EU, it's coming here as well. I don't know when. It certainly makes me nervous. I'd freak out more if I understood economics , money. I don't trust the banks. They screwed over on something else. They're stalling dealing with it. I can see why now. I thought as much

It's not safe to have stashes of cash.

I'll be getting some lump sum payouts from my divorce and sure as hell not risking putting that in the bank.

I'm scared of them doing away with cash and it's useless. Eventually we will be on credits we have to use. You can't really hide money from the govt in thst scenario can you?



Not a good idea to keep all our eggs in one basket too.

reply to post by hopenotfeariswhatweneed


This doesn't look to be redistribution of wealth. It looks like it's to help out the fat cats corporations or am I misunderstanding this?

reply to post by Britguy


Then it's evident this is why retirement funds were created in the first place. They don't just whip up these ideas on the fly. Everything is planned years and years in advance. Bastards

violet
reply to post by hopenotfeariswhatweneed

 

This doesn't look to be redistribution of wealth. It looks like it's to help out the fat cats corporations or am I misunderstanding this?

that is what i am getting from this....fat cats want to get fatter

pheonix358
No matter how you try and sell the idea, theft is theft!

Citizens will not stand for it. Great Britain, France and Germany to name just three will lynch anyone that tries this. It is in opposition to everything parents teach children.


P

edit on 14/2/2014 by pheonix358 because: (no reason given)

Dont think so; the Australian government has already done it. We now pay a 5% levy on bank accounts into a fund to 'as the prime minister said' to support stability in financial markets.

see how its done. nibble, nibble, nibble a litte at a time. They got it in now they will just inch it up litle bit by little bit.

By using little bits of change at a time, the people will whinge but they will not do anything and the government knows it. make big changes and you will spur them into action, Why, because you will give them something to rally around.

Sublimecraft
Here's an idea, why don't they confiscate the savings and assets off the houses of Rothchild, Rockefeller, Morgan and Carnegie first, then the Vatican, then the Royal family, then all the Billionaires and then the multi-millionaires.

Then we will see how things sit, I reckon my bank account would go up - just like everybody elses.

Now that's my idea of forced redistribution of wealth.

Moet for everyone.........

To expose the real Chess players? HOoo. I'll hold your coat. Remember you'll be holding a flintlock out there, and Sir Evelyn will have a tommy gun. Beautiful picture though, if you consider the almost impossible miracle of everyone awake, and 99 flintlocks...

This should be of no surprise to anyone.

How many times did many of us here alone say that the bailout policies of the EU, the socialist expenditures of their governments, and the dependency of their citizens would lead to crap like this.

Now the people of the EU who have worked hard and saved their money will pay the price for corporate welfare, socialist welfare, and government theft.

Time to start looking inward America. We're next.

SubTruth
reply to post by DeadSeraph

 

When they do roll out a world currency 1st world countries will get pennies on the dollar while 3rd world countries will break even. This is the progressive pipe dream dear readers.

So are you saying I should trade my dollars for Pesos or Sudanese Pounds?

$100 = 10 NWO Bucks?
100 Pesos = 100 NWO Bucks?

hiel harper put the same bail in crap into our last budget here in the kanukistan
my Canadain bank was in the top twenty recipients in the first bailout

its nice to know we here at ats who called this coming home years ago and are well forwarned

reply to post by FinalCountdown

well the elites seem to like land in non irradiated countries like the bushes and soros down in southamerica

Whats to stop the masses from creating thousands of "Bitcoin" like currencies?
I know its a skeptical concept, Bitcoin and all, but in the long run...

The reason I say independent currencies may be an answer is because of a sinister plot that popped into my mind just now...

What if, when the time finally comes to run the entire world on one currency, they level the field based on debt?

It doesn't matter, lets say, if the US has a high valued currency compared to other countries that are extremely poor.
IF the US owes a certain amount to the world banks, etc, then that lowers our overall value.

It kind of links in to what the NWO has been doing recently (past 30 years full on). Any country that doesn't want to join the centralized world bank gets a "regime change".
Everyone must be in debt, the deeper the better for them.

In the end, the currency that does not owe the most money to the banks wins.
100 units of that currency could equal 100 units of the new currency.
Where as 100 units of US currency might, with the debt owed only equal 35 units of the new currency.

Infinitis
reply to post by bobs_uruncle

 

Do they indicate if the funds will be drawn from 401K and employer based savings programs, or personal savings accounts?

Small detail, but curious if there was any mention on that?

Between the two EU articles it looks like both types of standard bank accounts (chequing and savings) plus pension accounts like RRSP's and GIC's. In know Canada's Action Plan can draw on anything to bail-in the banks. The Canada plan was done by Flaherty and I know that scumbag, his office was across the street from a store I once owned and I knew he was going to be trouble as I had also heard from his cousin who is also a personal friend about his nefarious activities.

One thing to remember about articles and situations like these is that they could be "seeded" to accelerate a collapse in order to speed up the PTB's timeline.

Cheers - Dave