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The Cyp-Riots Begin - Live Stream
Local TV station CYBC reports that police in the Cyprus' capital are scuffling with protesters (including employees of Cyprus Popular Bank) outside the nation's parliament:
- *CYPRUS POLICE CLASH WITH BANK EMPLOYEES OUTSIDE PARLIAMENT
- *CYPRUS SCUFFLES BROADCAST LIVE ON STATE-RUN CYBC
CYBC says more protesters gathering at Parliament House
Via @giopso
Via @MCaruso_Cabrera
Via @widianemoussa
Via @Tesa_RT
Live stream to come - link here
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Finally some truth in MSM...
After the Federal Reserve reaffirmed its easy money policy Wednesday, Chairman Ben Bernanke was asked whether the U.S. would ever think of taxing bank depositors as Cyprus has done. He said that was very unlikely but Jim Rickards, senior managing director of Tangent Capital Partners, says the Fed already has its hands in depositors’ pockets.
“Nobody is stealing more money from bank depositors than Ben Bernanke,” Rickards tells The Daily Ticker. Bernanke's doing that, Rickards says, by maintaining interest rates near zero.
“At this stage of a recovery normalized interest rates should be around 2-3%,” says Rickards. “Apply that 2-3%…to the entire multi-trillion-dollar deposit base of the United States of America and that’s a $400-billion per year wealth transfer from savers to bankers so they can pay themselves bigger bonuses or make crazy bets.” Over time, Rickards says, that wealth transfer could reach $1 trillion.
Rickards says zero interest rates are just one way the Fed is fleecing depositors. Others include increasing inflation, which Bernanke is trying to do, and taxing deposits like Cyprus is pushing for. “Bernanke is stealing more money from depositors than Cyprus is... looting everyday Americans—teachers, firemen and retirees,” says Rickards.
There’s another way, of course, to view Fed policy: that near-zero interest rates and $85 billion worth of asset purchases every month are helping to boost economic growth and employment and maintain low interest rates for both short-term and long-term debt. Bernanke himself, testifying before the Senate Banking Committee late last month, said, “The benefits of asset purchases, and of policy accommodation more generally, are clear…monetary policy is providing important support to the recovery.”
But Rickards says the easy money policy is creating asset bubbles that may feel good for now but will eventually crash. Cyprus could crash much sooner than that.
Exactly.
From Feb. 2008 - Feb. 2013, Shadowstats.com's bar graph shows the real inflation damage to be about 3x the BLS 9.7%... or, about 30% confiscation. If any shadowstat.com subscribers have access to the actual number, please share it with us.
http://www.shadowstats.com/inflation_calculator?amount1=100&y1=2008&m1=2...
Just got me 2 more ounces of gold and 100 more ounces of silver today. The stuff that goes into the safe.
Fuck this shit.
Need help?
Go read this article from the Telegraph. Go to their comments section and read what the Europeans are posting there. VERY telling...
http://www.telegraph.co.uk/news/worldnews/europe/cyprus/9945446/Open-talk-of-Cyprus-leaving-euro-as-British-savings-are-put-at-risk.html#dsq-comments
And of course part of the cause of the Cypriot problem is that Cypriot banks were heavily lent to Greece, so the Troika exacerbated the situation by imposing a haircut on Cypriot banks (and weakened them) when they bailed out Greece last year.
The telegraph is not Europeans. It's right wing middle England.
Good luck unspilling this milk, you stupid Eurocrats.
The powers that be are totally fucked. And not a moment too soon.
Burn, baby, burn.
I saw George W. Bush in one of the videos. What the heck is he doing there?
France has gone full socialist retard...
Telegraph...
France’s top private sector bosses could see their salaries capped under a Bill being tabled by the Socialist government, in the latest high-profile move aimed at punishing the rich.
Just heard Greg Palast say on Alex Jones that he and Stiglitz were told this is the bankstes "riot doctorine." What happens next is that the banksters move in and replace the existing Government with a technocrat. Once that is done the Cypriots are forced to give all the oil and gas reseverves over to the globalists.
Sounds reasonable but we would have never had the Beverly Hillbillys if that is the way things work.
Agree.
I do give the Jackboots a little credit though. Those grunts on the ground may fight against their fellow citizens for a lot of reasons, but bankers paying them in the same counterfiet money that destroyed their own families and their country ain't one of them.
Joseph Stalin would know that it's time to start playing the ideological music to the masses, but bankers just ain't got that much jazz.
This is like the end of your life, death - when you reach that point [and we all will], there is nothing that can be done...
Last price:$72.30000 Bitcoin -- and climbing
Bitcoin = Electronic Fiat
No, Bitcoin = market supplied money.
Choose it or not, up to you.
can you say tulips
GET THOSE TOKENS WHILE THEY'RE HOT!!!
Not much of a 'riot'. Just sayin. Looks very orderly.
deleted - should have been two above
RT seems to be on top of this story. So odd to get up in the morning and switch on RT to get the news. I sometimes switch over to CNN or CNBC to see what stories they are running. MY god, seriously, the contrast will blow your fucking mind! Blow it clean UP!
The US media is so much up the ass of the corporations and the US political elite. Story after story of Obama pledging alligance to Israel, claiming that we Americans owe Isreal everything. We owe them our money, our weapons and our alligance for ever and ever!
I never sighned on anywhere to be a slave of Israel. What power do they hold over us 315 million people? It is like they fucking OWN us!
Cyprus is a sign of bigger things. The Russian connection is big here. The EU is enraged that Cyprus would even talk to Russia about bailout loans and energy development. What, in this day and age, he who has real money, not funny US dollars money, is now moving into a power postion. Russia and China do not need to borrow money to function or to invest. The EU and the USA can't survive for a day without a massive influx of borrowed and printed money, Both the ECB and the Fed have vowed unlimited money printing and QE. The UK also is printing unlimited pounds. Cyprus has hitched their wagon to a sinking ship.
True, but Russian news also reports thet Putin is a saint and godlike.
russia's had one nightmarish contemporary that it wishes it could forget about-- that being 'stalin' [lenin was a moderate, but stalin was a tyrant] that slaughtered his own countrymen... as did 'mao' of china-- which was worse, both!!!
my point being-- the russian's were never bad people... in fact, it was they, that helped lincoln win the civil war-- setting up a russian fleet along florida where the rothschilds were arming the confederate's? i'll leave it at that... but, let us not forget what the war of 1812 was all about either!?
bottom line: america has destroyed more democracy's and created more wars in the last century and a quarter... all in the name of peace-- blessed by our foreign policy and trilateralist agenda's that has made us the curse of this nascent zeitgeist, digitalized world!
jmo
cable news = cabal newspeak... in the year of our 'SATANIC' benefactor-- 2013
JB, I agree with the RT reference, but they also have an agenda.
Still, it's refreshing to have other sources of 'news.'
Police and the People fighting, instead of Bankers and Politicians hanging.
C'mon People, go to the source and cure the disease.
What kind of cop would defend the bankers? A stupid greedy overpaid leech of a cop. AT this point the Cops are fucking criminals. They are now standing for an evil force against the people. They suck!
there are many who are employed, and paid, to support & defend the system. . . that pays them.
it's a loop, one is either in the loop or out-side of it.
Most cops suck
"Hello there, handsome!" -- Viktor Frankensteen
Stuypid question.
Does this effect both the north Turkey side as well as the south Greek portion?
Or only the Greek portion?
I know, I know stupid but no one has mentioned it yet.
Northern Cyprus is governed under an elected government that is heavily influenced by Turkey.
http://en.wikipedia.org/wiki/Northern_Cyprus
Also, it appears that Turkey is not going to stand by and let Cyprus negotiate away the potential gas reserves, which it considers to be shared resources:
http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_21/03/2013_489224
Why are markets not crashing
why no bank runs in the PIGS?
this thing will never crash properly as the sheep just do not get it
If a picture is worth a thousand words, then 6 pictures and three youtubes are priceless ZH, thanks TD.
This market smells like Thursday 15 October 1987.
This AM we bought XLF April puts at the low of the day in size, a high risk/return trade:
http://richcash8tradeblog.blogspot.com/
ok everybody can calm down now.
some guys over there are halving a meeting, restructuring something or other, it just hit the ticker on market watch.
so you see, it's all good Cyprus is about to be fixed and the DOW can ramp back to green before the end of the day.
cause you know how it is with meetings in Europe, shit gets fixed.
just like Greece...
and Ireland.
oh yeah, and Spain too.
rally on.
There is more to this than most people know. Cyprus recently discovered huge amounts of natural gas in their waters. The plan was to supply Europe with it (up to 40% of Europes needs). This would diminish Russia's energy grip on Europe. This is why Cyprus is playing Russia againt the EU right now. If Cyprus and Russia work out a deal (Russia bails them out and protects them, in exchange for control of natural gas and ability to put military bases there) it is curtains for Europe energy wise, as Russia will have the ability to turn off their energy. This is more than just the EU ripping off Cypriots for the bankers. This is geopolitical stuff and war possibilities. Besides the energy there is also the big division between the Greeks and Turks in Cyprus. That could re-inflame and create a civil war as well. You can be very certain that Russia will do everything possible to take advantage of this situation. The bankers have just opened up a pandora's box. Stay tuned.
it seems the 'ottoman's' have been getting the squeeze since the inception of the 'frb`system?
I've got a bad feeling about this one Bob. Maybe I'll just crawl into a fox-hole and pretend to be dead.
that's what bayonet's are made for...
Ha, +1 for Platoon reference.
"Sorry, I gotta have every swinging dick on the line tonight. Central Bankers might be slippin' under the wire."
Holy crap! New York offers $500 reward for reporting illegal gun owners
Read more: http://www.foxnews.com/politics/2013/03/21/new-york-state-offers-500-rew...
History repeats..
So, how will someone find out if theyre illegal guns?
Can you say Witch Hunt?
Chairman Mao employed the same techniques.
So did the Stasi in East Germany.
This is to spread fear and divide. Tomorrow it will be "See something, say something... or else you, too."
This is brought to you by the former East German Stasi advisor that was hired to advise DHS. Serious. This is the new version of Jim Crowe where quoting the Bill of Rights makes you black and fair game for statist lynchings.
No choice but to snitch on the snitchers and root them out. Statist collaborators are the lowest scum of the Earth and endangering lives, already getting innocent people 'swatted' by making anonymous false accusations.
Still no answer from Herr Whatever She/it is.. Re: 1.5 billion rounds needed for "Homeland( notice the stasi conotation?)" security
"Shop your neigbour" is a tactic that's been introduced now by many governments as they turn ever more totalitarian. Spain, Italy and the UK since the Blair govt, to name but a few.
Several years ago, BBC World Service radio interviewed a woman from East Germany who said that if you bought a new printer for your computer, it wasn't long before "they" (the Stasi) came knocking, demanding a sample printed page from it for their files.
with half or more of the peoples carrying cell-phone cameras, "shop yer neighbour" has never been e-z -err. . .
folks are already set up in their minds to see each other as competition, be it for resources or just attention, when the childish "me first, fk the rest of you" really starts to take off, whatever "trust" might be lingering amongst the individuals will evaporate.
know your community, and know why you trust them.
"know your community, and know why you trust them."
Housing crisis has destroyed communities. Neighbors are strangers. Houses have been foreclosed on twiice on my streets in last 8 years. Renters now are in place and they come and go.
The sense of community in the United States has been destroyed and I believe that was also a goal.
perhaps we can all re-define community, and not necessarily reference artificial neighbourhoods - a house next door doesn't always mean community. . .
community is a trusted networks of people who can rely on each other, and the trust is built up over time - particularly in times of stress, as recently.
so one needn't even live in the same "city" to have effective community support. . . in fact, when peoples are becoming more dis-placed, as recently, distant community can be very value-able.
amrka has been cultivated for "competitive" behaviour, and this does not foster real community - some folks here will have to re-learn how to be a part of a whole, and not so much apart from the whole.
or not. each chooses. . .
Re Holy crap! New York offers $500 reward for reporting illegal gun owners..
It'll never fly - New York DOESN'T HAVE $500...
Geez, doesn't some 2nd Amendment freedom fighter in NY know how to use a blow gun?
Imagine the headlines should Bloomie get thwaked with one of those babies.
Ban straws!!
When I was a kid, you could buy peashooters (with dried peas as ammo).
Thanks to The Lord above that I was born, raised, and once again live in the South. Let the Yankees in the City narc on each other and turn their neighbors into Bloomburgstein to be sacrificed. I feel for the people in upstate NY that despise the liberals and New World Order leaders in NYC. The people in upstate NY are no different than my neighbors here in Atlanta. They love God, guns, and their FREEDOM and Liberty.
Someone on ZH commented that we should wall off NYC and throw in some matches and fresh gasoline... The idea gets more interesting with each passing day...
I will never look at "public holidays" in the same way ever again...
(Go long on milk bottle manufacturers)
Okay, now THAT'S more like it...finally, a reaction I can believe.
Long on... ammo, gardens, greenhouses, chickens, yurts.
lol Yurts.
Yurt plans: http://www.scribd.com/fullscreen/98850825?access_key=key-24i7o9uarqxvb7f...
Yeh its time to riot now. The Russian jewish mafia is pissed off. How dare these European bureaucrats to think they can get away with stealing our money which we have stolen from others. How dare these pricks. Somebody was supposed to hip us to this train coming down the track at us at full steam. Somebody is going to pay for this outrage. You cock suckers are going to have some polunium 210 headaches.
Another mass European crisis brought to you by the Germans. How and why do Europeans trust these sociopaths and why do they want a union with them in the first place. Poles are a lot smarter--they've learned their lesson--unfortunately not the rest of the Europeans.
Naahhhh! I call bullshit. The Germans are just the "last man standing" in this. If you wanna finger somebody then finger the globalist elitists, international banksters and their socialist mercantilist political flunkies. Evelyn Rothschild and the spawn of Jeckyl Island.
Umm,I think I read a book on the collapse of Lehman bros. where they got all of the traders and staff into a large auditorium and said the identical thing;" We'll create a bad wealth fund and fill it with all the toxic crap,get it off the balance sheet so the markets will stop shorting the share price". This idea was floated in the UK as well. This is an act of desperation,nothing more,and is correctly seen as such by the finance community.I keep reading about the Cypriot banks being full of KGB "hot" money.Okay,I'll bite: where does the CIA keep its bucks,Cayman Islands? And for your next question,how would the folks in Langley feel about a 10% haircut imposed on a Friday night?
Wait,somebody knocking on the door....
reckon they do this with "nationstates" as well?
y'know, target a nation & the peoples as "bad" then fill it with "toxic crap" then cut it off from the rest of the "world"?
I can think of a few examples, both historic and recent.
see a pattern?
Just Lurve the lines of Policemen keeping the rioters in check..... where the fuck do they think their wages are coming from next week... LMAO
The Department of Homeland Security is preparing for the day within the next couple of years with 1.6 billion rounds and armored personal carriers.
Anyone else finding the commercial breaks ironic to say the least!
Yeah, Holy Shit, I can't imagine what Monday might look like. Every single retailer seemed to have at LEAST 50% of everything if you have cash. I would normally make a half ass 'cash is king' joke here, but I'm in a somber mood.. I truly feel for those people right now. 10 days without access to accounts minimum! Shit..
As a side thought, this might be useful to the banks to set an example, and 'show us all' what could happen to us if we don't bow to the new master's demands. Small, isolated, and over leveraged - the perfect test case really. Be brave Cyprus. You are a beautiful people.
Wait a minute, I thought all of the world's problems were supposed to be solved following massive stimulus and banker bailouts. We still have problems? Well, maybe this time if we make the government extra, extra big, things will be fine.
Round 1 - fight! Cyprus is just an experiment! It won't be allowed to leave the Euro zone. ... LONG baseball bats!
SHORT fiat currency and banks!
Cyprus bankster riots.
Can somebody send in a couple of tanks asap?
They are fighting for the property rights of bank account holders everywhere.
Too bad the owners of GM bonds didn't have the same balls as the Cypriots.
As a former GM bond owner I disagree. There was a risk premium and the debt for equity swap saved GM. Equity carries risk but so does debt.
Hmmm, the Cypriot DHS obviously did not stock up on ammo or "self defense weapons."
Alright lazy Mediterraneans, kick your selfs OUT! But you get a massive devaluation on your pension accounts.
You can't have it both ways. Blaming Merkel? Jeez what dumb asses. Blame the IMF and ECB and FED for creating the smoke screen.
Perhaps the smokescreen that you're attributing to the IMF/ECB/FED might not be the result of them setting fires? (think Goldman Sachs and all that they were allowed to do [by this witches brew of acronyms] which is really THE undercurrents)
You'd think that the Greeks would have known to end the word, "fasismos", with a lower case Stigma instead of a lower case Sigma.
The Russian word was also a little surprising.
Curious lettering on the sign. Is this CIA Propaganda, staged, for our viewing?
Cyprus to the troika or Russia to Cyprus or Gazprom to Cyprus.
You can fill it in.
http://www.youtube.com/watch?v=jQ3E0J4MTFk
A chessgame is being played between the Western block and Russia,
a paper king against a golden king... checkmate is soon to come
Cirrus Rusus Cyprus papyrus (Cyprus fiat ATM run by Russians ) ! Monedas 1929 Comedy Jihad World Tour
"Cyprus fiat ATM run by Russians"
Not yet. It's not Rubles that the ATMs are supposed to be dispensing...
Watching local Cyprus news, in english, with good comments after most articles, gives me a real feel for what it's like watching my bank close, my stores, auto and other repair shops and restaurants refusing credit cards and checks, and energizes my stacker-prepper energies. I just learned that the Bank Popular, or Laiki, is pronounced "Leaky":
http://www.cyprus-mail.com/
They've been calling it"likey" here, as in popular
Me? No Likey
Let me know when they start kidnapping and jailing the banksters.
SENDING PEACE AND CALMING ENERGY
If you do, use FedEx- they're overnight services are being hammered.
Okay,
Now it gets interesting;
Russia 'rethinking' holding Euros in reserves.
http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_21/03/2013_489048
Durn unintended consequences jumping up all over.
From that article:
"inadequacy," ya think? I'm thinking "desperation," as in entities that are BROKE and require the import of a LOT of ENERGY.
Where would Russia shift all that money? (I don't want to utter the wrong words here so I'll let someone else do the honors.)
i used to think they didnt let you open windows in hotels anymore to save people from jumping... but probably to prevent snipers
I am really shocked!
I have never seen policemen behaving so politely! No blood, no gases, no kettling... this is not a civilized country for sure.
Not for nothing, but im surprised some weird storm or ocean current didnt cut off the internet or sever the underwater cables into Cyprus.
Just because youre not paranoid doesnt mean theyre not out to get you
Ah, but they want you to see Walther smash Boris' Ferrari...
OK, I read through about 500 comments and maybe I missed the part about the proposed Russian naval base in Cyprus causing the CIA to direct the Eurozone to create a Cypriot banking crisis in order to make Cyprus less palatable to the Russians.
I havent seen that stratfor (or whoever) map of carrier deployments in a while...do we have a carrier on a Med cruise yet?
Cardinal, i think you might have missed it around the 215th post ...
Only two reason how this could be true:
1) They're STUPID.
2) They're DESPERATE.
OR... maybe they figure the euro is doomed and they're trying to flush everything toward the USD? (Russia holding 42% of Russia's FX holdings are in the euro) It is, after all, primarily the US that covers their backs, with guns.
Regardless, Russia has the winning hand. And I'm sure if they need any extra support they can call upon China (energy deal in the works).
You are all a bunch of dorks. This thread has the feel of a Star Trekk Convention.
Get back to work, all of you.