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In Cyprus, Shock Turns To Anger

Tyler Durden's picture




 

For a few days, the rest of the world looked on awaiting the riots and social unrest in Cyprus that we have become accustomed to from their fellow unter-sufferers Greece and Spain; but it never came. However, as Reuters reports, the public shock (and numbness) over the tough terms of the so-called bailout is now turning to anger as million of Euros remain locked inside the country's banks. The people are "disappointed and angry," that the politicians are out of touch, and, "the big guys, who had the information, managed to take their money abroad." No one has answers for them, "I wrote to the central bank and they came back saying that it was not their competence, so whose competence is it?" as frustration boils over, "absolutely nothing adds up." But perhaps the saddest truth is that the Cypriots are resigned to years of hardship, "I am going to find myself on the street with no future, only debts. But we will fight to the end. We have nothing left to lose." It seems when a people has nothing to lose that anything is possible...

Via Reuters,

Public shock in Cyprus about the tough terms of an international bailout is turning into anger as millions of euros remain locked in the country's banks.

 

...

 

They are now demanding answers after allegations earlier this week that a company connected to the family of President Nicos Anastasiades shifted money out of one of the distressed lenders just before the banking system was effectively locked down on March 15.

 

Anger and impatience is rising as the results of an official inquiry into what caused the crisis, and exactly who knew what and when, is unlikely to be ready for weeks.

 

Banks reopened last week but Cypriots can withdraw only 300 euros ($390) a day under a range of controls imposed to prevent panicked residents from emptying their accounts or moving all their savings abroad. Anxiety is being deepened by confusion over how the hastily-imposed rules should operate.

 

Hundreds of bank workers protested outside parliament on Thursday, worried that they could lose much of their pension savings under the terms of the bailout deal. This stipulates that some depositors have to bear part of the rescue's cost if their accounts hold more than 100,000 euros ($128,500).

 

"I am disappointed and angry," said Iacovos Louca, 53, who works at Popular Bank, which is being wound down under the 10 billion deal with the EU and International Monetary Fund. "The politicians are out of touch with our problems and the big guys, who had the information, managed to take their money abroad."

 

...

 

Lack of clear answers on where their money may end up is fuelling public frustration.

 

Andrew Georgiou, a 55-year-old British consultant who moved to Cyprus a year ago with the earnings from the sale of his home in London, says all four accounts he holds with Popular - even a sterling account containing just 22 pence - are blocked.

 

...

 

"I wrote to the central bank and they came back saying that it was not their competence, so whose competence is it?," said Georgiou. "Nobody is explaining where anyone should go with a problem."

 

...

 

With an extensive remit ranging from the business sense of Cypriot banks hoarding a mass of Greek government bonds while others were selling them and the prudence of government fiscal policies, the judges will need a small army of consultants.

 

Cypriots are, in the meantime, resigned to years of hardship. Iraklis Paraskeva, 53, has three children to support, now studying in Greece. "I am going to find myself in the street with no future, only debts. But we will fight to the end. We have nothing left to lose."

 

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Thu, 04/04/2013 - 22:16 | 3410780 Silver Garbage Man
Silver Garbage Man's picture

Gerald celente agrees.

Thu, 04/04/2013 - 22:26 | 3410822 Banksters
Banksters's picture

If the state ripped me off to this extent, I wouldn't be angry, I'd be plotting how to get it back.  All's  fair in love and war.

Thu, 04/04/2013 - 22:29 | 3410835 markmotive
markmotive's picture

A preview of what will happen to Japan?

Kyle Bass on the Japan Implosion:

http://www.planbeconomics.com/2013/04/kyle-bass-on-japan-implosion.html

Thu, 04/04/2013 - 22:35 | 3410842 TwoShortPlanks
TwoShortPlanks's picture

A mate of mine asked me what's going on in Cyprus and Europe as a whole....kind of a pointless question without the Big Picture.

Here is my response;

Yeah, the more I read the bigger this whole game is…and it really is a game of winner takes all.

You have many factions woven into several layers within the game. There are the countries around the world, there are the major financial infrastructures, there are the superrich entities, and there are the banking entities which stitch the layers together…which makes sense.

The best way to think of them and how they interact is by way of a Venn Diagram (below), then this will all make much more sense.

Take a simple Venn Diagram with 3 overlapping circles (A + B +C). Note that there are a total of 8 sectors including space outside the circles.

http://upload.wikimedia.org/wikipedia/commons/7/7a/Venn_diagram_cmyk.svg

Let’s say that;
A = Are the countries of the world
B = Are the major financial infrastructures of the world
C = Are the banking entities of the world

The next layer is where just two of the major players overlap;
A/B = Military Industrial Complex and Major Corporations
B/C = Central Banks
C/A = Major Banks

You can now see how every entity is affected by every other entity, to varying degrees!

There is also another sector, right at the centre. This is the Superrich entities who own most of the real assets on the planet, such as a vast majority of Military Industrial Complex, the Major Corporations and the Major Banks, as well as most of the natural resources. Since the Major Banks own the Central Banks, then the Superrich own the Central Banks as well.

Now here is where it starts to get a little grey…..

Who is at the centre?

Well, there are at least three types of Superrich entities, they are;
1.       The ultra-wealthy families who have had money since at least the 1700s’. These families are well known historically but they are very well hidden today, so too is their money (Gold and something else).
2.       The Oil wealthy such as the Arab states. These are newcomers to the centre and their future is tied-up with the prosperity of their countries; if the country falls, so do they.
3.       The Oligarchical wealthy. More newcomers who have recently emerged from the end of the Cold War. These include most of the families which prospered from the Military Industrial Complex, like the [George] Bushs’, and Mafia type Oligarchs like Putin and his KGB mates.

Ok, so that paints a picture of how all the visible entities fit together…..but there’s another layer. This is a very, very well hidden layer.

Imagine that the Venn Diagram (the whole world) is drawn on a single piece of paper, well, who owns that piece of paper???

I believe that the next and final layer doesn’t really have a name…but I’ll call them the Custodians! The Custodians essentially won 80% of the world between the 1300’s and 1700’s. They comprise of many or most of the Ultra-Wealthy entities dating back as far as the Black Venetian Nobility, the Templars, the Teutonic Templars, the Vatican, and later entities such as the Rothschild family.

On the Venn Diagram these Custodians own most of the paper as well as the entire centre sector of the Venn Diagram.

These Custodians own vast, vast sums of wealth, accumulated over centuries. I believe the sums would be in excess of $700 Trillion. HOWEVER, this figure is not a Dollar figure, or a Yuan figure, or even a Euro figure and this is why…

When Rothschild created the Central Banking System he also created a layering of the system where, the Major Banks in each country owned the Central Banks from whom they borrowed the money. BUT, as with all systems it is built upon a network, and in the case of the Banking System and the entire Global Financial System it is built upon a framework (network) which is 100% owned by these Ultra-Wealthy elite families. It has been this way since the end of the Napoleonic War, where, Napoleon threatened the entire European Banking System as he believed in a Bank of France which lent money at 0% interest…he hated Banks, and Banks hated him!

So the real question is, what is the framework, what is the network???

The Custodial Framework
United Nations - Global Police
World Bank - Global Lender
International Monetary Fund - Global Debt Collector
Intelligence - Custodial Eyes & Ears (Mi6, Mi5, CIA, MSS, Mossad, FSB {KGB}, SIS, CSIS, ASIS, DCRI, BND etc)
Power & Control Centres - US Council on Foreign Relations, European Council on Foreign Relations, Club of Rome, Bilderberg Group, Royal Institute for International Affairs, Trilateral Commission etc.
Main Stream Media - Global Propaganda
Hollywood - Global Propaganda and epicentre for Alternative/Pagan/Kabbalic/Ancient Mystery Religious interests.

The Custodial Network
Bank for International Settlements - Global Banking Computer Network for the movement and transfer of Global Currencies (the Back Bone)
London Bullion Market Association - Physical distribution and controlling agency of Gold (real wealth)
Central banking Network - Physical distribution and controlling agency of Global Currencies (medium of exchange for services, goods and labour)
Organization of the Petroleum Exporting Countries – Global distributor and controlling agency of Global Oil (consumable real wealth)

What you must understand is that Currencies are merely a medium of exchange but Gold is real wealth and Oil is consumable real wealth. Oil is a type of hybrid between Currencies and Gold, this is why Oil States sell Oil in Currency (US Dollars) but there is always a payment in physical Gold as well. Oil has a usable function, Gold has a storable function, currency is merely a rate of exchange. You can think of Currency in terms of energy, Currency isn’t the fuel, Currency is merely the calorific value of the fuel being burned.

 

By the very nature of both the framework and the network, we can have a complete and total collapse of the Global Financial System and the Custodians don’t lose a single penny as they can simple create a brand new system at the click of a finger…new Currencies, new Bonds, new Banks, new Political systems….new everything….a brand new farm! This is because they own the machinery to make farms as well as the technology to do so.

 

People talk about a coming New World Order. If you believe what I have written you will see that it’s not coming at all, it’s already here, and has been here for perhaps 300 years. What they are talking about is merely the next cycle within the existing NWO…nothing more!

 

If you believe this, then for you the truth is revealed; that the threat of a coming NWO is a False Flag event. It is a deliberate misdirection to distract you from the truth hidden in plain view. If you believe that a NWO may be coming, then by definition, you believe that a NWO cannot currently exist. This is precisely what they want you to believe. They do not want you to realize that the NWO has already been implemented incrementally over the past 300 years and especially since the propagation of the Global Central Banking Cartel whose greatest achievements were the Bank of England, the United States Federal Reserve System, and the Eurozone (including European Central Bank).

 

There is of course one thing which they cannot create at the click of a finger…Gold!

 

When financial systems collapse the wealth transfer goes into Gold, which then becomes the store of wealth until a new system is put in place, then, the wealth transfer goes back into the new financial system. So, owning Gold is owning a piece of the next financial system, not the current financial system…get it? This is when Gold is most potent.

 

http://politicalmetals.files.wordpress.com/2011/09/global-reserve-currencies1.png?w=595

 

For this reason, every time the financial system becomes fragile, every entity always runs to Gold. Often they don’t really understand as to why, but they do nonetheless.

 

The real reason as to importance of Gold is very, very simple. Gold doesn’t sit within the Global Financial System itself, it sits outside the system (outside the Venn Circles), resting on the blank white paper which is mostly owned by the Ultra-Wealthy. In visible terms it is like the ‘Construct’ in the movie the Matrix, something which underpins the false reality which is created upon it.

 

To own Gold is to own both a commodity which is assigned a Currency value as well as a piece of the next framework, a piece of the next network. Everything else is which is going on is just noise and distractions to the masses….’Bread and Circuses’.

 

Currently, we are seeing suppression in Gold. I believe the reasoning behind this is to buy-time, enough time so that the framework and network have sufficient Gold reserves to restart the system and a long enough period of time so that the Gold buying is invisible to the general public, so as to avoid a panic or ‘run’. In any case, the next cycle is inevitable and it is coming whether we like it or not, or whether we are prepared or not.

Thu, 04/04/2013 - 22:36 | 3410866 DoChenRollingBearing
DoChenRollingBearing's picture

Your piece will require a lot of thought by a not so bright Bearing.  Completely agree re gold though.

Thu, 04/04/2013 - 22:48 | 3410912 Richard Chesler
Richard Chesler's picture

Any dead bankers or politicians yet?

Fuck you sheep!

Thu, 04/04/2013 - 23:31 | 3411009 Spigot
Spigot's picture

The main problem for Cypriots is that there is nothing for them to physically attack. The "leaders" are phantoms who go to and come from meetings in secret places. There is no target. Even if they torch the Central Bank building it does nothing to the actual machinery of the financial system. They could possibly burn the Parliment building but the MPs did the right thing by not going along with the first assault wave regarding the "hair cuts", and they were bypassed by the Executive branch.

IMO the only thing they can do is passive resistance. A complete withdrawl of any activity which might support government funding. Essentially going Galt.

If they burned down town it would just be their own property they were burning. Makes no sense.

Thu, 04/04/2013 - 23:48 | 3411038 Raymond K Hessel
Raymond K Hessel's picture

Holy Ezio Auditore!!!

Fri, 04/05/2013 - 00:13 | 3411079 willwork4food
willwork4food's picture

+10 Spig

And may I add, TwoShortPlanks also hit a nice run with that piece.

Essentially, going Galt is the ONLY way we could possible have any power over these fuckers? Umm, got to look into ..wait, didn't Jesus, MLK and Ghandi say something about that?

Fri, 04/05/2013 - 05:26 | 3411494 Urban Redneck
Urban Redneck's picture

They are only phantoms to those who run around in tinfoil hats.

Fri, 04/05/2013 - 10:22 | 3412574 Debugas
Debugas's picture

you mean stop paying taxes ?

Sat, 04/27/2013 - 03:47 | 3505116 Unique Snowflake
Unique Snowflake's picture

BULLSHIT! Burning down the bank(assuming they can't find bankers and politicians to lynch) sends a clear message. It inspires people around the world to do the same. The elite fear death just like anyone else. And justice will be served once the 99.9% of people are inspired by the actions of those who are most persecuted. Let the European Spring begin in Cypress. Or should they be weak, then when Ireland is raped again, let it begin there in earnest.

Thu, 04/04/2013 - 22:43 | 3410894 otto skorzeny
otto skorzeny's picture

what-no shitcoin mention?although I do believe we are headed towards one currency to rule them all.

Fri, 04/05/2013 - 05:11 | 3411483 TwoShortPlanks
TwoShortPlanks's picture

Bitcoins are a wonderful idea when society is operating properly. When things go off the rail, Bitcoins become vapourware.

I feel most Bitcoin investors will lose everything...someone is always smarter.

Fri, 04/05/2013 - 06:20 | 3411528 StandardDeviant
StandardDeviant's picture

If things go off the rails everywhere, all at once, then you may be right.

However, while it's probably not wise to hold your entire wealth in BTC, they should still be very useful if things go off the rails in your own country first.  Just look at the spike in EUR/BTC when the Cyprus deal first hit the news -- or all the questions about BTC posted by Argentinians affected by exchange controls.

Fri, 04/05/2013 - 15:57 | 3413986 Lore
Lore's picture

How many farmers or grocers accept BitCoins?

Thu, 04/04/2013 - 22:46 | 3410901 bsdetector
bsdetector's picture

TSP, tell more please.

Fri, 04/05/2013 - 00:28 | 3411112 TwoShortPlanks
TwoShortPlanks's picture

Post WWII, but perhaps earlier, it was realised that Gold must be removed from the financial system. The excuse given was that it impaired the Banking Systems' ability to expand and therefore protection 'US' from future crises (Keynesianism). A lie which even the bankers bought into...why wouldn’t they?!

The real reason Gold was systematically removed from the financial system (Globally) was to place it even deeper into the financial system (LOL). A Gold Standard is akin to Gold acting like the mortar between the financial bricks of the Global Economic Building however, removing the Gold simply meant that Gold then flowed into private vaults of the same entities who owned the Gold within Central Bank vaults in the first place. They merely relocated the financial strength.

The Gold was replaced by 'Promise To Pay' and it flowed into the foundations on which the entire building is built (BIS etc). In this way, the building can be knocked down and rebuilt, using the foundations over and over again. The Gold never left the structure at all, it was merely reassigned.

So, instead of Gold being used as the mortar between the bricks of the Global Economic Building, we have 'Good Will', and good will can be expanded easily...but it can also erode just as quickly (faith). This is why we will either see a Global Financial Reboot, or, they will push Gold back up into the Mortar (Bond backing).

In essence, the removal of Gold meant that the nature of the system transformed from 'Fixed' to 'Recyclable', so long as the foundations are retained.

I don't envisage Gold as money, or currency, or even wealth, that's too rigid. It's like a Stem Cell; it can be grown into other things.

Just because Gold may re-enter the system doesn’t mean ownership changes.

Also, don’t think that Central Bank Gold Reserves being leased out is criminal, because the entities who own the Central Banks are the same people who are leasing the Gold, as well as all the intermediaries in-between.

So what’s happening in Cyprus? Well, Cyprus is the very first indicator of two things, they are;
1. That currency really isn’t owned by the depositor and is in fact owned by the representative Central Bank, and in turn, by the owning Banks, and in turn again, by the mob I discussed originally.
2. That the Global Central Banking cartel has blocked all the exits by taking over every other Central Bank in the world, or is very close to it.

“Give me the power to issue a nation's money; then I do not care who makes the law”

And that about all there is to it.

I wonder if a ‘Promise To pay’ includes food rations?

Fri, 04/05/2013 - 00:33 | 3411125 bsdetector
bsdetector's picture

What good can small amounts of gold be in individual hands if it is not used as a currency?

Fri, 04/05/2013 - 00:48 | 3411130 TwoShortPlanks
TwoShortPlanks's picture

Future. Land. Title. Transfer!!!!!!!

Think $134k/oz (in todays' currency terms, post collapse)

PS. anyone who thinks this is all criminal, think again, you are free to go out and purchase your own physical Gold, with currency belonging to another, at a very very low rate...TODAY! You are merely transfering your physical labour for the physical labor of another.

PPS. it's their currency which is dying, not yours. Protect your labour with PMs.

Nuff Said.

Fri, 04/05/2013 - 12:25 | 3413205 bsdetector
bsdetector's picture

TSP, gold has always struck me as a mortar of sorts, but as a medium of valuing sovereign currencies against each other. So if Japan inflates away the Yen, the number of Yen required to buy an ounce of gold should increase. But if at the same time the Dollar is not inflated the price of gold, in Dollars, should remain the same. Thus it should cost more Yen to buy a Dollar. I see Gold as having been the useful medium to value currencies, i.e. the value of one nation's currency against another nation's currency when one or even a few nations decide to inflate. A different situation arises, in my mind, when all nations inflate at the same time. If all inflate then the medium of gold would seem to be valuing all inflating currencies against gold, i.e., all currencies should lose value because the holders of the gold will not want to sell their gold to receive a currency that is worth less due to inflation. Do you have any thoughts on this matter?  

Fri, 04/05/2013 - 16:21 | 3414086 Lore
Lore's picture

What you describe accurately is the temporary foreign exchange model. It's about to reach 'teminal velocity,' hence the shocking divide between paper prices on the CRIMEX and real availability of product. PAPER PRICES DON'T MATTER IF YOU CAN'T GET THE STUFF.

This piece is about Ag, but the point remains.

http://seekingalpha.com/article/1314211-u-s-mint-sales-for-march-u-s-on-pace-to-use-all-domestic-mine-production-for-silver-eagles?source=email_macro_view&ifp=0

Thu, 04/04/2013 - 22:50 | 3410902 rhinoblitzing
rhinoblitzing's picture

You left out the:

D: Multi-National Corporations and

E: Insurance Companies

also, it seems as if you are coming from a Western perspective, leaving out other competing Ideologies and specifically the maniacal islamists that want their interpretation of how things should be.

It's not as clear cut as a Venn Diagram.

Thu, 04/04/2013 - 22:47 | 3410904 zorba THE GREEK
zorba THE GREEK's picture

TSP... If those in charge are selling off gold reserves in order to suppress  the price even though

the gold reserves will be the only thing left to back a new currency after those in charge destroy

the value of the present currency, wouldn't that be grounds for treason? I believe the logical

reaction would involve a length of sturdy rope or perhaps a firing squad.

Thu, 04/04/2013 - 23:00 | 3410941 TwoShortPlanks
TwoShortPlanks's picture

Would it be criminal to store grain to plant next years' crop while people starve outside the granary?

Thu, 04/04/2013 - 23:06 | 3410958 mayhem_korner
mayhem_korner's picture

 

 

See Luke 12.

Fri, 04/05/2013 - 05:42 | 3411505 purplefrog
purplefrog's picture

Quite appropriate.  This is about a spiritual battle.  Trans-generational evil such as TSP is describing indicates/reveals the presence of a spiritual intent.  "That which has been hidden, will be revealed."  Things are really heating up now!

Fri, 04/05/2013 - 02:25 | 3411345 Joe A
Joe A's picture

It is when that grain is Monsanto grain. And if it wasn't, they would find a way to make it criminal.

Fri, 04/05/2013 - 09:25 | 3412196 Pseudo Anonym
Pseudo Anonym's picture

conceptually no, it would not

Would it be criminal to store grain to plant next years' crop while people starve outside the granary?

however, the question is who is planting next year's crop.  is it the same criminals that mismanaged the food grain and are the cause of the starvation?

Thu, 04/04/2013 - 23:11 | 3410969 bsdetector
bsdetector's picture

But Zorba on whose behalf are the puppets acting?

Fri, 04/05/2013 - 00:11 | 3411077 zorba THE GREEK
zorba THE GREEK's picture

Both puppets and masters are guilty. One cannot prosper without the other.

Fri, 04/05/2013 - 00:18 | 3411088 bsdetector
bsdetector's picture

Aye

Thu, 04/04/2013 - 22:51 | 3410919 mayhem_korner
mayhem_korner's picture

Currently, we are seeing suppression in Gold. I believe the reasoning behind this is to buy-time, enough time so that the framework and network have sufficient Gold reserves to restart the system

 

The suppression of gold prices works because people are stupid.  The sheep "invest" in things that are rising in price - for fear that they will miss out on what is already behind them - and "divest" of things falling in price - because of a wiring problem that makes them unable to recognize when a sale is on.

But if you believe the motive is to accumulate gold to "restart" the system, I believe you are mistaken.  The purpose of hoarding the true money foundation is to recalibrate the system.  It is ultimately about a forced transfer of sovereignty.  The people of Cyprus are guinea PIIGS.

Thu, 04/04/2013 - 23:08 | 3410957 TwoShortPlanks
TwoShortPlanks's picture

"It is ultimately about a forced transfer of sovereignty."

I think you need to see just how deep a significance a "forced transfer of sovereignty" would actually be. The outcome would be very similar to what I'm suggesting...ignoring the picture and color changes on meaningless pieces of paper.

The same people win everything, and the same people lose everything, in both your senario and mine.

String Theory and M-Theory....perspective!

Thu, 04/04/2013 - 23:10 | 3410966 mayhem_korner
mayhem_korner's picture

 

 

Oh I see the significance.  That is the broadest view of what is going on.  The currency issues are simply a conduit to what is a grand power play by self-loathing people who collaborate to subordinate the masses.  We may be saying the same thing, but your use of the phrase "restart the system" conveys a benign intent.  There is nothing benign about what is going on and the ambitions behind it.

Fri, 04/05/2013 - 01:28 | 3410990 TwoShortPlanks
TwoShortPlanks's picture

Yes, it's very broad and not accurate, only approximate.

Whether the solution be benign or otherwise, the owners of this system (assuming they exist) have two fundamental problems, they are;

1. A failing financial system, which they own, in which they derive wealth and status from (so, gotta keep it going or start a new one similar).
2. An overpopulating world which will kill itself if it continues.

They are damned if they do and dammed if they don't. In the end, both problems will be solved via a single solution...and it ain't pretty!

NOTE: If my thoughts on all this turn out to be even remotely close, then we must think of Agenda21 in its' corrects terms....A 'Tennancy Agreement', as scary as that sounds, AND, the possession of Gold to reduce ones' usufructuary exposure.
Usutruct (Ceasar owns all):
http://www.youtube.com/watch?v=AmLT5WGMJj8&feature=related

Sun, 04/28/2013 - 20:36 | 3508632 margaris
margaris's picture

A tennancy agreement between who??

They can't stay hidden in the dark when they have to come out and sign this contract, can they?

Damn, how I wish everyone would see how preferable anarcho-capitalism is, compared to being a slave ant in this world.

Thu, 04/04/2013 - 23:37 | 3411018 john39
john39's picture

All about power... And one piece you don't mention. These "people" don't exactly attend the same religious services as your average human being. They sold out long ago.

Thu, 04/04/2013 - 23:40 | 3411026 TwoShortPlanks
TwoShortPlanks's picture

Agreed, they don't....*thinks about Kubrick*

Fri, 04/05/2013 - 02:00 | 3411230 Trampy
Trampy's picture

Every "medicine" has side effects.  Gold price suppression causes silver to be artificially cheap.  Peeps/sheep blindly follow the leader.  Some buy while others sell, but almost EVERYBODY is doing what they see others doing.  Humans are very much herd animals.  Seems to me that only about five peeps out of a hundred are capable of original thought, irrespective of whatever cohort you're in, no mattter how high an ivory tower.

PMs are not the only manipulated market.  Look at last Thursday 3/28 when USDA issued a number for corn stocks with 400 million bushels coming out of nowhere at noon ET.  Less than 2 minutes later May corn was lock limit down 40 cents and today a new 2013 low, dragging down beans and diverging from wheat.  There's a pairs trade for ya!  ZCK3-ZWK3 went from -10 to +60 cents.  All 'cause of one number in a monthly release that could have been a mistake!  Just one number with no footnote, ~200 million bushels higher than the most "bearish" analyst with the consensus being the 3/28 USDA report would push prices higher.  Not.  Next Wednesday April 10 the full-enchilada big-time WASDE will have the breakdown, but till then the market acts as if USDA is like Moses talkin to God.  If there are any real traders here, don't miss the grains next week.  So we got that crazy disjointed ag market with two major reports in a week, fallout of cheap corn rallying meats, and on top of all that the grain trading hours are going back to more like it used to be before the 21-hr continuous trading we have now.  Beginning Sunday night April 7 Globex grain/oilseed trading opens 3 hours later than usual, coinciding exactly with the 9 AM opening of Chinese trading.  The only time that market has opens exact same as China were unusual post-holiday delayed US opens.  So my thinking is that the algos won't know what to do for quite a while because the clock is all out of whack.  Trading is easier in the evening when it's mostly humans and the new shortened hours should put more oomph into that new 9 PM EDT open.

Thu, 04/04/2013 - 23:04 | 3410952 cifo
cifo's picture

I enjoyed it.

Thu, 04/04/2013 - 23:18 | 3410981 xtop23
xtop23's picture

That was a damn fine post. You have my respect sir.

Fri, 04/05/2013 - 00:23 | 3411104 q99x2
q99x2's picture

Assumption, Custodian is not human. Otherwise he better get his ass into an AA meeting pronto.

Fri, 04/05/2013 - 00:29 | 3411105 essence
essence's picture

Excellent analysis 2ShortPlanks for your post up above.

Something like this analysis usually either:
1) goes over peoples heads 'cause they can't 'handle the truth'
2) invokes cries of 'conspiracy buffs' and the derision that accompanies it

The only thing I might add is that I can't quite place the role of the BRICs (especially Russia and China) in the future scheme of things.  Possibly they might be beyond the reach of the "Custodians" ...although I suspect the Custodians are furiously trying to draw them in as semi-equals (disingenuously, to be sure).

Fri, 04/05/2013 - 04:27 | 3411456 TwoShortPlanks
TwoShortPlanks's picture

The BRICs have been troubling me also...all I can say is watch what they do.

China has been Cyber Attacking Australia's Reserve Bank. The RBA claims the Chinese are leaving bread crumbs but they are attempting to find out what RBA's Rates will be doing. Maybe so, but I personally believe that China is trying to find out what the RBA is thinking and doing about Australia's Gold Reserves.

If this assumption is correct, then it stands to reason that BRICS are perhaps trying to make sure they're are well ahead of the curve.

Remember, Australia is part of the Commonwealth. Australia’s' Intelligence Agencies are closely knitted to the United Kingdoms, as with Canada's (SIS {Mi6} = ASIS = CSIS). They have very similar structures and that's not a coincidence.

Although China and Australia's trading relationship and citizenry are quite close, China is very aware that the Commonwealth and the Peoples' Republic of China are chalk and cheese.

Sun, 04/28/2013 - 20:38 | 3508640 margaris
margaris's picture

You need a blog dude... you sure do.

Fri, 04/05/2013 - 00:42 | 3411138 Trampy
Trampy's picture

I need an enema.

Fri, 04/05/2013 - 02:13 | 3411328 Brit_Abroad
Brit_Abroad's picture

Thank you TSP for a very interesting and thought provoking analysis.

I can well believe that this is the real set-up.

Nothing surprises me these days.

 

Fri, 04/05/2013 - 06:26 | 3411532 Go Tribe
Go Tribe's picture

Where does pussy fit into all of this?

Fri, 04/05/2013 - 07:50 | 3411643 Melin
Melin's picture

She's the goddess over which none of the control freaks have power.

Fri, 04/05/2013 - 17:14 | 3414297 bsdetector
bsdetector's picture

TSP, your comment brings to mind a quote from Woodrow Wilson: "Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the U.S., in the field of commerce and manufacturing, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it." Could that power be the cause for the cypriot government to sell-out on its citizens?

Sat, 04/27/2013 - 05:01 | 3505161 jmcadg
jmcadg's picture

Good work, been wanting to put down on paper what's in my head! You've done it for me :) When you talk of gold do you only see gold or gold and silver. Different beasts in many ways, but both extremely valuable, one as a pure store of value, one as with extremely important uses as well as a store of value.

One question, gold and silver - do they need to be monetised? Just unmanipulated and allowed to show their true value. Admittedly in a comparison to currencies, but only to give people a sense of their comparative worth against other tangible assets - property, land, oil as you would only trade physical for other tangible assets not bog paper?

Sat, 04/27/2013 - 15:25 | 3505875 stormsailor
stormsailor's picture

i missed this article 3 weeks ago.  was doing something important, i'm sure.

 

i think this is the clearest, most concise post i have read in years.  and it provokes crystalized  thought and discussion.  it reminds me of a work "the making of the atomic bomb" by richard rhodes,  a single book that connects all of physics to the pinpoint in time when the power of the atom was unleashed, to read and understand it is the equivalent of a phd in physics.

 

well done two short planks,  thought and framing of discussion in such a distillized post is rare, and i wish i could up arrow it 100 times.

Thu, 04/04/2013 - 23:56 | 3411052 Syrin
Syrin's picture

Exactly.   There is no anger !!   There is no testosterone in the world any more.   500 years ago, the actions in Cyprus would have been followed by a mob armed with pitch forks and the heads of leaders and bankers on pikes.  Their pussification and inaction only encourages them to to do this MORE, not less

Fri, 04/05/2013 - 10:46 | 3412690 LostAtSea
LostAtSea's picture

Not yet....I think most people are still living off the excesses of the past decades.  When they eat their last meal, they will revolt.

 

Thu, 04/04/2013 - 23:38 | 3411021 rotagen
rotagen's picture

I'm "disappointed"... that's why I'm clutching this shotgun here.

Fri, 04/05/2013 - 02:18 | 3411334 Silver Bug
Silver Bug's picture

Do I smell a revolution?

 

http://jimrickards.blogspot.ca/

Thu, 04/04/2013 - 22:19 | 3410782 DoChenRollingBearing
DoChenRollingBearing's picture

I have just started an occasional series on the value of predictions (not much IMO), based on some reading I have done lately (books by N N Taleb and Nate Silver).  I start w/ gold..., but the same ideas would pertain to predicting almost anything, including what may happen in Europe.

"Danger in Predicting Precious Metals Prices"

http://tinyurl.com/d8nhdjq

Thu, 04/04/2013 - 22:53 | 3410928 mayhem_korner
mayhem_korner's picture

 

 

Taleb has a great quote about predictions and market timing... "It is not the frequency with which you are correct that matters, but rather the cumulative value of your losses that counts."

One visit to extremistan, and the fallacy of mediocristan crumbles.

Thu, 04/04/2013 - 22:58 | 3410936 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1  

 

I am still trying to digest all of the extremely valuable lessons in those two books.

Fri, 04/05/2013 - 00:23 | 3411102 willwork4food
willwork4food's picture

Years ago (seems like yesterday), I thought I was pretty cool trading softs; had all the cool and latest tech graphs online in RT.

One day I made over $6k, a few days later not so much.

You're preachin' to the choir here, son. But well said.

Fri, 04/05/2013 - 05:51 | 3411513 Urban Redneck
Urban Redneck's picture

frequency x amplitude x (the number of cycles on your hopefully long enough time line)  = total return

you can modulate either the frequency or the amplitude to achieve any deisred return over a given period of time

the cumulative value of one's losses is meaningless without the cumulative value of profits and the periodicity.

 

For example an etrade baby with five figures of monompoly money can churn a million dollars of trading volume per day, which work out to ONE QUARTER OF A BILLION bernanke bucks per year. At 1% amplitude he would have $2.5 million in cumulative loses which would be offset by at least $2.5 million in cumulative gains (if he was actually a professional trader or the algo alter ego of one).

 

Thu, 04/04/2013 - 22:18 | 3410786 EscapeKey
EscapeKey's picture

In a month this will be forgotten, as the sheep in Italy are rounded up for shearing.

Thu, 04/04/2013 - 22:20 | 3410795 DoChenRollingBearing
DoChenRollingBearing's picture

Yes, ITALY does seem to be a real problem now...

Thu, 04/04/2013 - 22:25 | 3410820 kito
kito's picture

dochen, problem for who???? not the ones latching onto the veins of these peripheral countries, thirstily gulping the lifeblood of its citizens....leaving nothing body a shriveled, cold nation-body to rot.................nobody cares since its not happening to their country.....look at slovenia.......nope cant happen here!!!.....never.......

 

http://www.bbc.co.uk/news/world-europe-22025555

Thu, 04/04/2013 - 22:31 | 3410848 DoChenRollingBearing
DoChenRollingBearing's picture

I am not sure how to respond (sarcasm?, recall that Bearings are bad at that), kito...  Italy going down the tubes is obviously bad for them.  But, it's bad for anyone holding any Italian debt (France) as well as demonstrating a real contagion effect.

Hear ya and agree that it's no problem for Goldman Sachs, etc...

Thu, 04/04/2013 - 22:42 | 3410889 kito
kito's picture

as long as the almighty union of european nations remains tied to the hip, all is well!!!!!

 

hey arent you glad peru left the shackles of the imf/world bank??? south america is finally FREE!!!! now the european banker snakes eat their own tail.....

Thu, 04/04/2013 - 23:00 | 3410942 DoChenRollingBearing
DoChenRollingBearing's picture

While Peru is doing just fine for now (and has been for some 10 years), I never make the assumption that Peru will be permanently free or permanently prosperous.

Thu, 04/04/2013 - 22:45 | 3410896 Jack D. Ripper
Jack D. Ripper's picture

The southern Europeans should join together, exit the euro, and form their own currency that they can inflate to their hearts content. They could call it the "dago".

Thu, 04/04/2013 - 23:10 | 3410964 Peter Pan
Peter Pan's picture

I agree. And the dollar countries can get together and issue a new currency called the KLEENEX.

Fri, 04/05/2013 - 00:46 | 3411147 Kelley
Kelley's picture

That's right - it is the contagion that threatens everyone - individual depositors pulling their money out that is the real threat.  

Thu, 04/04/2013 - 22:47 | 3410905 otto skorzeny
otto skorzeny's picture

they're going to retry amanda knox so the dagoes direct their anger at america and not their own asshole sellout leaders-bread and circuses from the people that originated it

Thu, 04/04/2013 - 23:04 | 3410946 Monedas
Monedas's picture

I'd like to see Amanda Knox and Rafael Nadal hook up .... cute couple .... they could marry on one of Francesco Schettini's cruise ships .... Giuliano Mignini could marry them .... "I love the way the afternoon sun lights up Rome !"

Thu, 04/04/2013 - 23:24 | 3410971 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1

You crazy !!!

Fri, 04/05/2013 - 05:21 | 3411490 groundedkiwi
groundedkiwi's picture

Amanda Knox should be retried.

Thu, 04/04/2013 - 22:20 | 3410804 Phroneo
Phroneo's picture

According to polls, Cypriots still want to stay in the Euro so I am not sure why they are angry. They could easily stage a revolution and exit even if their parliament was against it. But they just protest peacfully as everyone else in the false belief that such protests actually have any effect. 

Thu, 04/04/2013 - 22:28 | 3410834 EscapeKey
EscapeKey's picture

Well yea sure, less than 50% would have been affected here. Showcasing the worst of "democracy" here, two wolves and a sheep voting on what's for dinner.

Thu, 04/04/2013 - 22:28 | 3410836 kito
kito's picture

amazing, taking whatever the powers dish out, but the fear of the unknown is worse for them.................is there a shelter set up for battered and abused nation-states who finally run from their opressive captor after years of domestic abuse ?????.....................

Thu, 04/04/2013 - 22:31 | 3410845 rhinoblitzing
rhinoblitzing's picture

What polls, the same BS we get from CNBS?

Correct me if I am wrong, but when put to a vote, No european country's people have voted in favor of giving up sovereignty.

Fri, 04/05/2013 - 08:16 | 3411694 Melin
Melin's picture

I worked with two socialists, one from Sweden and one from Ireland, who'd moved from their own countries to live in Southern California, seemingly so they could more easily explain to our faces why we're all ugly Americans. 

When discussing the EU with them, for which they were relentless cheerleaders, I summed up my ideas on the subject by pointing out the loss of sovereignty for each country and definitionally for each individual.  They had a very perceptible visceral response to the word sovereignty.  It seemed to burn them like holy water splashed on Satan.  

As California crumbles, I suppose they'll head back to the places they'd previously fled for lack of opportunity.  The Swede will probably never recognize her beloved socialist hive has actually implemented far more free-market initiatives than the US has seen in decades; she'll continue to believe collectivism brings prosperity.  The Irish gal is simply screwed.

 

Fri, 04/05/2013 - 09:11 | 3412086 Sandmann
Sandmann's picture

Women suckled on Sentimentality who don't know how far they have been manipulated into powering The Matrix

Thu, 04/04/2013 - 22:56 | 3410935 mendigo
mendigo's picture

As in the US they have them on a morphine drip of government assistance - they are selling thier children's future for some free shit.

Fri, 04/05/2013 - 16:08 | 3414032 MS7
MS7's picture

I don't know how much longer a majority will favor being in the euro. I read that 62% favored being in the euro from a poll around March 18. That is not too high a number when you compare it with Greece, which still strongly favors being in the euro (about 70%) despite all the austerity, etc., imposed by troika. I can definitely see the number of Cypriots in favor of the euro slipping as the consequences of this play out. Cyprus only started using the euro about 5 years ago.

Thu, 04/04/2013 - 22:20 | 3410806 asscannon101
asscannon101's picture

This will only change after a few of the elite miscreants are pulled from their beds in the middle of the night, doused with petrol and set alite in the street. 

Thu, 04/04/2013 - 22:27 | 3410831 Everyman
Everyman's picture

They do deserve to be "lit up".  As long as the bank accounts got bar b qued, might as well at a politician and a banker to the fire as well.......

Thu, 04/04/2013 - 22:22 | 3410808 Dr. Engali
Dr. Engali's picture

" It seems when a people has nothing to lose that anything is possible"

Channeling Gerald Celente.

Thu, 04/04/2013 - 22:29 | 3410841 ziggy59
ziggy59's picture

Gerald Celente: “When People Lose Everything, They Have Nothing Left To Lose, And They Lose It”

Thu, 04/04/2013 - 22:33 | 3410851 kito
kito's picture

there in lies the problem...the citizens of cyprus, spain, greece, etc are always led to believe that there is something to lose........ they cant even see that its already lost......tptb are constantly hammering them with some vision that is worse than their perceived state....and then little by little, it gets worse...and worse.....and yet the masses never know....because the masses are worried about something worse..............

Fri, 04/05/2013 - 03:49 | 3411415 StychoKiller
StychoKiller's picture

 

 

 

False

Expectations

Appearing

Real

Fri, 04/05/2013 - 04:28 | 3411457 andrewp111
andrewp111's picture

The lesson from history is that it can always get worse.

Thu, 04/04/2013 - 22:26 | 3410824 Everyman
Everyman's picture

"But we will fight to the end. We have nothing left to lose."

I believe Janis Joplin had it right "Freedom is just another word for nothing left to lose." I hope these people stand up and scare the bejesus out of TBT and the politicians in Cyprus.  Liberty now "starts there" for the future.  If they stand up now, it will spread like wildfire across Europe and the the US.  I am a believer.  I have to believe this.  The other outcome is rabid political and social upheaveal by social, economic and cultural displacement.  That is never a good thing and it makes  for a lot of innocent victims.

I hope they starts shooting and assaulting their political leaders (so called leaders) that screwed them over, and then I hope the start killing the greed thieves that got tipped off.  Kill 'em all I say.  They are very BAD weak people.  I am so done with the corruptacratic class to even care how fate lands upon them.

 

Thu, 04/04/2013 - 22:27 | 3410833 rhinoblitzing
rhinoblitzing's picture

Dylan, "When you've got nothin, you've got - nothin to lose"

 Like a Rolling Stone

Thu, 04/04/2013 - 22:35 | 3410847 G-R-U-N-T
G-R-U-N-T's picture

"I hope these people stand up and scare the bejesus out of TBT and the politicians in Cyprus"

Depends Everyman, they may not be in enough pain yet. Wait till they go hungry, lose their homes, can't buy clothing, etc....When the shock wares off then the reality of what happened to them will set in and then the Cypriots will come to full boil!


Thu, 04/04/2013 - 22:36 | 3410867 Everyman
Everyman's picture

I agree.  They are not far from pain now.

Thu, 04/04/2013 - 22:46 | 3410895 G-R-U-N-T
G-R-U-N-T's picture

 

Janis Joplin - Me and Bobby McGee

https://www.youtube.com/watch?v=OTHRg_iSWzM

Thu, 04/04/2013 - 23:17 | 3410979 bsdetector
bsdetector's picture

But they are stuck on an island. What can they do?

Thu, 04/04/2013 - 23:30 | 3411003 xtop23
xtop23's picture

If "they" were actually scared, we'd probably see an almost immediate nuclear exchange and another dark age. 

You have to admit the possibility.

I guarantee preps are in place for "them" if that were the only option.

Fri, 04/05/2013 - 00:37 | 3411127 Kelley
Kelley's picture

The banksters probably don't care if the Cypriots set the country on fire. It's little skin off their noses.

But if the rest of Europe, or even parts of Europe, drain down their holdings in their banks, now THAT could upset the bankers' applecarts.

Fri, 04/05/2013 - 05:06 | 3411481 groundedkiwi
groundedkiwi's picture

Everyman you are just a plane ride away. Become a jihadist for the Cypriots.

Sat, 04/06/2013 - 18:26 | 3417194 aka_ces
aka_ces's picture

Kris Kristofferson - Me and Bobby McGee Lyrics 

Thu, 04/04/2013 - 22:25 | 3410825 rhinoblitzing
rhinoblitzing's picture

What happened to the Iceland option?

Thu, 04/04/2013 - 22:28 | 3410837 edb5s
edb5s's picture

Clearly wasn't good enough for TPTB to accept as a "template."

Thu, 04/04/2013 - 22:33 | 3410850 fukidontknow
fukidontknow's picture

Imcypressment or just plain Cypressed

Thu, 04/04/2013 - 22:32 | 3410852 johnnyyuma
johnnyyuma's picture

Cyprus is the test bubble for the larger ecomomies of Europe, Spain, Italy et al. To see how it goes over. To see if the sheeple protesteth too much. To determine how much of the peoples wealth they can steal outright with out consequences for themselves. Bigger grabs are certain. In the USSofA, a smallish State like Delaware or Maine would serve the same purpose. The real show starts when the tests are complete and the evil mother####ing banksters go whole hog. Naked unadulterated theft. Open and in the Sunshine. I have nothing left to do but wait and watch.

Fri, 04/05/2013 - 00:30 | 3411119 Kelley
Kelley's picture

The banksters might not care to much if the people of Cyprus riot or not. Their exposure comes from Europeans in other countries doing a run on their banks. If the reaction exceeds the cash on hand, then the whole thiong could come crashing down around everyone's heads.

Thu, 04/04/2013 - 22:36 | 3410859 ziggy59
ziggy59's picture

Bank of Japan Governor Kuroda says will continue easing until price growth sustainable

Says:
- BoJ is not financing government debt.
- BoJ will discuss a replacement for banknote rule.
http://ransquawk.com/headlines/bank-of-japan-governor-kuroda-says-will-c...

Thu, 04/04/2013 - 22:43 | 3410891 slightlyskeptical
slightlyskeptical's picture

Not financing Govt Debt. Must mean they are buying public debt. Next stop refianancing? Quickest and best way to get more money in the peoples pocket. Though knowing the Japanese, they will just buy Govt bonds with it.

Thu, 04/04/2013 - 22:37 | 3410864 buzzsaw99
buzzsaw99's picture

Even now not a single maggot is hanging in the street.

Thu, 04/04/2013 - 22:36 | 3410865 lolmao500
lolmao500's picture

This couldn't have been foreseen now could it!

Thu, 04/04/2013 - 22:41 | 3410871 Omen IV
Omen IV's picture

why with no supervision did cassano buy over $100 billion in risk on phony RE CDO's via the CDS with the banks with no way to cover it -why did the cyprus banks buy greek bonds - large - with no way the greeks could pay and did it after 2008 and no way to cover it

someone or some group is calling the shots as to where to stuff the big boxes - none of these trades make sense before they were made - the yield was never that great for the risk

 

Thu, 04/04/2013 - 22:40 | 3410879 FieldingMellish
FieldingMellish's picture

Real anger is heads on pikes. 

Fri, 04/05/2013 - 00:36 | 3411129 willwork4food
willwork4food's picture

just be patient.

Thu, 04/04/2013 - 22:41 | 3410887 Westcoastliberal
Westcoastliberal's picture

Advice to Cypriots:  Do what Iceland did. Throw the politicians in prison.  Issue warrants through Interpol for all the bastards who illegally took their deposits out of the country, and claw back the money.

Tell the Troka to take a hike and revert back to the old currency.

Fri, 04/05/2013 - 00:39 | 3411132 willwork4food
willwork4food's picture

Just remember that as brave as Islanders were, they still are paying the bankers back..every penny.

They only demanded that it was not going to happen within the asshole's timeframe.

Thu, 04/04/2013 - 22:48 | 3410908 ebworthen
ebworthen's picture

"Nothing to lose".

This is where the bankers, central bankers, and their lackey politicians are pushing the world.

They will not rest until they have bled the common person dry of assets and hope, and what does history teach is the result?

WAR.

Thu, 04/04/2013 - 22:55 | 3410929 CheapBastard
CheapBastard's picture

I hate to see Sheeples raped in broad daylight. Shame, but it's happening more and more with little to no consequences for the rapists.

Thu, 04/04/2013 - 22:56 | 3410932 Monedas
Monedas's picture

Cyprot Banks .... where money goes to rot .... buy silver .... and take longer naps .... all is well !

Thu, 04/04/2013 - 23:06 | 3410954 bankonzhongguo
bankonzhongguo's picture

Until these smart ass banksters and the lawyer/lobbyist crowd start getting whacked out things won't change.

It is indeed sad, but some people are just going to have to die.

No justice.  No peace.

Thu, 04/04/2013 - 23:07 | 3410961 Long-John-Silver
Long-John-Silver's picture

I remember my Family telling me I was an idiot for buying Gold and Silver. They all said I would lose everything because Gold and Silver is so dangerous. They told me to sell it and put the money in a Bank where it would be safe.

Thu, 04/04/2013 - 23:18 | 3410983 Peter Pan
Peter Pan's picture

I remember telling friends in Cyprus, UK, the States, Greece and Spain and Australia to sell up and buy gold and silver and they looked at me as if I had sprouted a neon sign with "IDIOT" flashing on it.

I guess I was an idiot for wasting my time and breath.

 

Fri, 04/05/2013 - 03:53 | 3411422 steveo77
steveo77's picture

The propaganda is strong

Thu, 04/04/2013 - 23:12 | 3410970 Zgangsta
Zgangsta's picture

These "poor, destitute" people with "nothing to lose" are still much better off than the average middle class person of 100 years ago.  There is still not yet enough hardship to drive the people to action.

Things will have to get much, much worse before they will ever get better.

Thu, 04/04/2013 - 23:22 | 3410989 Peter Pan
Peter Pan's picture

You bet that things will get much worse. But as long as there are no conspicuous shows of wealth, the populace will still be compliant as long as they can see the person next to them suffering like they do.

Thu, 04/04/2013 - 23:26 | 3410998 Fix It Again Timmy
Fix It Again Timmy's picture

Our financial systems as they currently are structured are nothing more than legalized theft - heads we win, tails you lose - protect yourself.....

Thu, 04/04/2013 - 23:43 | 3411035 hairball48
hairball48's picture

The sheeple continue to be butt fucked--and apparently like it. Nothing new here.

Thu, 04/04/2013 - 23:49 | 3411041 hannah
hannah's picture

"

Let’s say that;
A = Are the countries of the world
B = Are the major financial infrastructures of the world
C = Are the banking entities of the world

The next layer is where just two of the major players overlap;
A/B = Military Industrial Complex and Major Corporations
B/C = Central Banks
C/A = Major Banks

"

 

what a load of shite. C= banking and we all know the banks are worth ZERO...! DIVIDING BY ZERO GETS YOU SHIT NOTHING...! I THINK IT IS MORE LIKE A*B*C = CACA = SHITE...!

Thu, 04/04/2013 - 23:59 | 3411056 Go Tribe
Go Tribe's picture

But now my popcorn's gone cold.

Fri, 04/05/2013 - 00:08 | 3411071 cherry picker
cherry picker's picture

All they need is one person to fire them up and lead them.  If and when that happens, plows will turn into swords.

There was no reason for putting people under such dire straights. 

It is all about "it is mine"  or "it is owed to me"

Well, when you have nothing else to lose then it becomes a different matter doesn't it?

Fri, 04/05/2013 - 00:09 | 3411075 The Duke of New...
The Duke of New York A No.1's picture

You mean they haven't chopped off a single bankers' head yet?.... I guess the Cyprus Govt. has all their citizens dumbed-down on via Floride or Viagra in the minucipal water supply.

Fri, 04/05/2013 - 00:15 | 3411084 The Duke of New...
The Duke of New York A No.1's picture

I guess they don't have the Amish Mafia in Cyprus - "an eye for an eye".

Fri, 04/05/2013 - 00:25 | 3411106 q99x2
q99x2's picture

Smith and Wesson and BitCoin have solutions for Cyprus if only they would welcome them.

Fri, 04/05/2013 - 00:31 | 3411115 Paracelsus
Paracelsus's picture

   Interesting that we are now getting to the heart of the matter.

  Financing and sales of expensive Defense equipment to small countries,which causes serious debt problems,and now without the ability to inflate the currency. In a way the Cypriots have been importing the Greek Gov't debts,by purchasing their bonds,and thereby financing their Defense buildup.An odd situation is made odder still by the Russian money from dual citizens.Perhaps Tyler should devote a column to how all these small countries are given free money in Defense credits to vote a certain way in the UN. I had an Argentine co-worker in Australia once tell me that all the stuff they got from the Yanks (under Peron),half-tracks and such was all rusting away in a few years,probably junk to begin with and then not properly maintained. Someone once said that "you can do almost anything with bayonets except sit on them". The whole business about  turning swords into plowshares is questionable. Killing equipment is really only good for killing. But you still had to exchange some wealth for it....

Fri, 04/05/2013 - 01:03 | 3411174 DarthVaderMentor
DarthVaderMentor's picture

Cyprus needs some experienced "Community Organizers" and good "Political Activists" for them to learn how to achieve their freedom from the yoke of oppression of the banksters.

 

Since our country's fathers are dead and long gone, maybe we can deport some of "King Pinocchio's" trusted advisors on loan to Cyprus to stir things up for a "Cypriot Spring"? When  they come back, if we allow them in, they'mm maybe appreciate freedom better!

Fri, 04/05/2013 - 01:25 | 3411240 Youri Carma
Youri Carma's picture

It’s a pity that people only are getting angry after the fact when it’s much too late. When you’ve told them before you would have been wimped away as negativist, unrealist or conspiracy theorist. People won’t listen but will face the harsh consequences of this New World Order. Happy dieing folks! Told Ya so …

Fri, 04/05/2013 - 02:10 | 3411321 I_Am_
I_Am_'s picture

How does Singapore tie up into all of this.....after all it is one of the '''safe havens'''' is it not?

Fri, 04/05/2013 - 04:36 | 3411464 groundedkiwi
groundedkiwi's picture

Singapore is where the Japanese are making their corp headquarters.

Fri, 04/05/2013 - 07:19 | 3411592 I_Am_
I_Am_'s picture

Oh! Man.... Singapore Fukushima...... Fukushima Singapore ........... Herrrrrooooo!

Fri, 04/05/2013 - 02:32 | 3411349 Joe A
Joe A's picture

Coming to other European countries near to you soon. I am actually surprised that in countries in troubles in Europe nobody has been popping politicians, bankers and other scum. I mean with a history of Bader Meinhof group, Red Brigades etc. Instead, people are popping themselves and putting themselves on fire. What does that accomplish? Nothng.  TPTB only laugh at that.

Fri, 04/05/2013 - 03:27 | 3411391 The Abstraction...
The Abstraction of Justice's picture

It is sad that so many of these people who will literally die of want will do nothing but yap at the people who drove them to their deaths. Even worse, they may vote for them again, just before they die.

Fri, 04/05/2013 - 04:09 | 3411440 Joe A
Joe A's picture

Perhaps they're putting something in the drinking water to keep everybody docile. Or perhaps people watch too much television and hope everything will get better.

Fri, 04/05/2013 - 09:14 | 3412106 Sandmann
Sandmann's picture

Baader-Meinhof and Red Brigades needed East German intelligence support  to operate. It is far harder without help from Intelligence Services.

Fri, 04/05/2013 - 03:31 | 3411397 Debugas
Debugas's picture

banks closed in cyprus once again - this time due to general banking sector strike

Fri, 04/05/2013 - 03:55 | 3411423 steveo77
steveo77's picture

If we lose our guns we lose everything.

Fri, 04/05/2013 - 09:59 | 3412420 Abrick
Abrick's picture

If guns stopped people from losing anything, how do you explain 7 trillion in 5 years being lost in the US banking vacuum?

Fri, 04/05/2013 - 03:58 | 3411429 steveo77
steveo77's picture

As my brother said in 1980 in the racing boat business in which money meant more than skill....fuck the fucken fuckers!

Fri, 04/05/2013 - 04:33 | 3411462 groundedkiwi
groundedkiwi's picture

All over the world, people whose ancestors have lived where they themselves now live, ask why do I not own this land. What is the system that perpetrates this!!

Fri, 04/05/2013 - 05:34 | 3411500 MFLTucson
MFLTucson's picture

They should slaughter all their politicians and bankers immediately.  In the street for all the world to watch. Pigs were meant to be slaughtered and that is the fate for these MF's.

Fri, 04/05/2013 - 07:56 | 3411649 e-recep
e-recep's picture

indeed. they should watch on cnn how the trial balloon cyprus ended with mass beheadings.

Fri, 04/05/2013 - 05:36 | 3411502 Bearwagon
Bearwagon's picture

They should set up some old printing press and start to produce their own currency STAT. Every revolution needs an own currency, americans did it that way, and Lenin knew that, too.

Fri, 04/05/2013 - 07:14 | 3411578 Van Halen
Van Halen's picture

"I wrote to the central bank and they came back saying..."

They took all your money and you wrote them a letter?

Um, yeah. I can see why the Troika picked Cyprus to loot.

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