Cypriot bank savers forced to pay towards Euro/IMF bailout

[junglevip]

5 billion just reported on the bbc. If you cant hold it you dont own it!

Crash JP Morgan buy silver

 

[junglevip]

Take your money out of the hands of the thieving bastard bankers.



Crash JP Morgan buy silver

 

[junglevip]

Bond holders protected, savers are not

Crash JP Morgan buy silver

 

[butchersapron]

Yes, everyone save yourself individually!!! By buying a commodity that you have to turn back into money to make any use of.

Don't buy food buy food!

 

[coley]

Stuff food I'm stocking up on booze

 

[junglevip]

Yes, everyone save yourself individually!!! By buying a commodity that you have to turn back into money to make any use of.

Don't buy food buy food!

Go and in**** yourself trot boy

Spoiler

inform

 

[not-bono-ever]

I think the authorities are on to you. Your post has been 'disappeared'.

post haste - I have first hand experience of the situation re Russian cash in Cyprus - best not go there = deleted

 

[Sasaferrato]

You don't say?
More correctly, it's a social-democratic entity about halfway through a transition to a neoliberal entity, but don't let historical fact get in the way!

It is a bunch of unelected self serving cunts, a cesspit.

 

[junglevip]

Black swan?

EDIT:
What effect will this have on the price of weed one wonders?

 

[Sasaferrato]

You don't say?
More correctly, it's a social-democratic entity about halfway through a transition to a neoliberal entity, but don't let historical fact get in the way!

You do realise the initiators of legislation are not elected? That the EU parliament is like tits on a bull, merely there to put a veneer of democracy on it.

They are a bunch of vastly overpaid self-serving cunts. A cesspit.

 

[Sasaferrato]

.

 

[two sheds]

You should be outraged for the people affected, not by Sas' thread. I've no issue whatsoever with agreeing with a right-winger when they're right.

For people with only a little in their account, for lowly-paid pensioners and for people with only the money left over from their paycheck in their accounts, I am apoplectic. For people with €100,000 in their account, less so.

I have no issue whatsoever with agreeing with a right winger when they're right, either. The specific statements from Sas that I disagreed with were "Naked theft by the scum that is the EU hierachy" and "It is theft, plain and simple". In fact, it isn't 'theft' at all and shows the EU to be slightly less scum than the British government, who Sas as a tory seems to be quite happy with. You are of course free to agree with this.

Again, I'm against both. Neither of them is good, and they'll inevitably both be part of the package.

so am I and yes.

(a) You're the one who's comfortable with one of the two measures mentioned, I'm opposed to both measures and (b) why should we be the ones to offer a different solution, we aren't in the business of managing capitalism's debts. Abolish the debt, make the rich pay it off, default, refuse payment, whatever, our job is to resist it coming at the expense of the working class.

I'd be 'comfortable' with the €100,000 cutoff I keep suggesting. Yes, for people paying less than that it is unfair. I do however still think a tax on assets is better than a cut in services and benefits for people who have no savings at all.

As to this bit - why can't we resist both?

I agree.

Since left and right seem to agree that this tax is unjust it will possibly be struck down. I think that this would be a mistake and rather that the 10% tax (at least) should instead be applied to people with above €100,000 in their bank account.

But I'm leaving the thread because you're all clearly a bunch of argumentative liberal cunts and I'm losing the will to live.

 

[Sasaferrato]

.

 

[Sasaferrato]

For people with only a little in their account, for lowly-paid pensioners and for people with only the money left over from their paycheck in their accounts, I am apoplectic. For people with €100,000 in their account, less so.

I have no issue whatsoever with agreeing with a right winger when they're right, either. The specific statements from Sas that I disagreed with were "Naked theft by the scum that is the EU hierachy" and "It is theft, plain and simple". In fact, it isn't 'theft' at all and shows the EU to be slightly less scum than the British government, who Sas as a tory seems to be quite happy with. You are of course free to agree with this.



so am I and yes.



I'd be 'comfortable' with the €100,000 cutoff I keep suggesting. Yes, for people paying less than that it is unfair. I do however still think a tax on assets is better than a cut in services and benefits for people who have no savings at all.



I agree.

Since left and right seem to agree that this tax is unjust it will possibly be struck down. I think that this would be a mistake and rather that the 10% tax (at least) should instead be applied to people with above €100,000 in their bank account.

But I'm leaving the thread because you're all clearly a bunch of argumentative liberal cunts and I'm losing the will to live.

WRONG!

 

[redsquirrel]

But you didn't scream theft when Gideon and co increased VAT did you?

You went with the "tough times, we all have to pull together" bullshit.

 

[two sheds]

WRONG!

No, I've left the thread and you can't tempt me back that way.

 

[Sasaferrato]

I know Cypriots over here, some pretty elderly, who will be affected. They're not money-launderers and aren't exactly rolling in it. They tend to be low-paid, hard-working and generally thrifty.
This kind of action worries me as we have no debt, only savings. I've always thought credit cards, stuff on the never-never was a recipe for disaster as you never know what's around the corner. I can see now why some favour keeping cash under the mattress rather than trusting banks.

Apart from the safety element, you might as well. My savings account pays 0.1%.

( It is really more of a storage account than a long term savings account, money goes in, then out gain when needed, therefore I'm not fussed about the interest. )

 

[Sasaferrato]

No, I've left the thread and you can't tempt me back that way.

I am NOT a supporter of the Conservative party or the current government.

 

[Sasaferrato]

Apart from the safety element, you might as well. My savings account pays 0.1%.

( It is really more of a storage account than a long term savings account, money goes in, then out again when needed, therefore I'm not fussed about the interest. )

 

[junglevip]

Blah Blah Blah </snip>
But I'm leaving the thread because you're all clearly a bunch of argumentative liberal cunts and I'm losing the will to live.

Good! Stick on some radiohead and go out in style. You can give us a taster of what you are gonna put in your suicide note please

EDIT:

Just kidding

 

[Sasaferrato]

But you didn't scream theft when Gideon and co increased VAT did you?

You went with the "tough times, we all have to pull together" bullshit.

At one time I thought the Labour party was the one to support, I was only ten though.

 

[two sheds]

I am NOT a supporter of the Conservative party or the current government.

Only because you think they're a load of left wing namby pambies who aren't fit to wipe Thatcher's arse. That doesn't count.

 

[redsquirrel]

At one time I thought the Labour party was the one to support, I was only ten though.

You pathetic weasel.

Is there any issue you're not a massive hypocrite on?

 

[frogwoman]

You do realise the initiators of legislation are not elected? That the EU parliament is like tits on a bull, merely there to put a veneer of democracy on it.

They are a bunch of vastly overpaid self-serving cunts. A cesspit.

I don't see how anyone could argue with this.

 

[ddraig]

and our current coalition gov are?

 

[junglevip]

Bulldozer the bastards

 

[coley]

and our current coalition gov are?

A bunch of overpaid self serving twots who will likely be replaced in 2015 by an exact copy of current crop

 

[ViolentPanda]

Fuckin hell. The Cypriot government will have to go into hiding. The government raiding peoples savings is a major major breach of trust - esp weeks after an election where they promised not to do it. Its the sort of shit corrupt dictatorships pull.

Its like Germany in the 20s - people seeing their live savings go up in smoke.

A tad melodramatic, Tim.

Where's the hyper-inflation, for a start?

 

[ViolentPanda]

what makes yoy think they won't make cuts in addition to doing this as well?

From what I've been able to glean, I'm not sure there's much of a state in Cyprus to be cut. The essential (such as the water imports) can't be cut, and it's not as if they enjoy a well-developed welfare state, so taxation/levying/robbing the general population to pay for political miscalculations and wastage seems (to the pols, anyway) the only way to go.

 

[ViolentPanda]

Its not going to pay for services and benefits though it is going back to the EU as part one of a series of austerity measures.What is more They are taking it out of peoples already taxed incomes,the people who provide the services you are rightly cheerleading.

Sorry to be blunt about this.

http://www.cyprus-mail.com/opinions/our-view-rescue-package-designed-destroy-economy/20130317

Well, we're told that the money will be "repatriated" to the EU, anyway.