Take note Americans

The latest news from Cyprus is that they have decided on a 40% tax on any saver in Bank of Cyprus who holds more than €100,000. This is on top of the €100 limit on ATMs so any other saver has a difficult time getting to his money.
The ATM limit was imposed to try to prevent a bank run, but the latest actions seem antithetical to that idea.
In any case, the savers are losing their money. It is being taken from them in front of their eyes. This brazen theft speaks of the fragility of the banking system. All Americans should take note and decide where they want their money. In a bank protected by nothing, or in their safe protected by Smith & Wesson.
This theft isn’t as far away as you’d think, nor is it unprecedented here in the United States. Our economy is losing traction by the day and it is only a matter of time before it all implodes.

The lines at the ATMs and low grumblings have turned into something larger as banks and ATMs get bombed. This could easily happen here in the United States. How prepared are you? What would you do if this happened here?
How long could you care for your family?


6 responses to “Take note Americans

  • Anonymous

    Pulled all my cash from bank 3yrs ago. Only put enough in to get by and purchase silver bullion. Not that I had a fortune, but there is some pleasure to be had in reducing a banks reserves to help kill the system. If 10% of the population did this(bank run) the system would collapse. Starve the beast of you want to kill it.

  • Joe

    What countries can, and have done in the past when people take their money out of the bank, is to simply inflate the average savings amount down to close to nothing, so the money you took out becomes worthless by inflation. Best to get your hands on something a little more solid against that tactic. They can't inflate silver and gold down to nothing.

  • David Howard

    Joe, I totally agree with you. The ultimate goal is slavery. TPTB can and will manipulate the market until we are all broke and hungry.

  • David Howard

    The framework is setup to make it difficult to live without banks, or live using strictly cash. I've stopped direct depost, and direct withdrawals and now pay nearly all my bills in person where possible.To do this takes a major shift in thinking and planning.

  • Anonymous

    Fiat $$ in zioni$t banks, yet another violation of our rights. The gov’t constantly violates our rights. They violate the 1st Amendment by caging protesters and banning books like “America Deceived II”.They violate the 4th and 5th Amendment by allowing TSA to grope you.They violate the entire Constitution by starting undeclared wars.Impeach Obama.Last link of “America Deceived II” before it is completely banned:http://www.amazon.com/America-Deceived-II-Possession-interrogation/dp/1450257437

  • Anonymous

    What amazes me is the racket and moaning about the bank haircut. You all DO realize Cypress is a tax haven and lots of companies and the 1% have stored money there.You are all moaning about the 1% not paying taxes and stealing your money.Well… here you have it. It is payback time. The rich 1% are taxed and money is now stolen from them….ROLF

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