Monday, March 18, 2013

Who Profits...? [part two]

Things have just gotten rather interesting here in Europe.  To "save" banks from supposed failure, the EU is taxing The People.  This, without debate, without discussion, and without consent.  People here see quite clearly that the rich will be protected at all costs.

Curious Objects

Zerohedge says it correctly when they said...

"...Let's be quite clear; the European Union has confiscated the private property of the citizens in Cyprus without debate, legislation or Parliamentary agreement...Please note that until yesterday all depositors in Cypriot banks were insured up to the value of €100,000 with any one bank. Today that solemn governmental promise has been shown for what it is; a lie... Nothing now; Nothing is safe!"

On Friday, Jude and I went to share a light meal with our landlords.  Part of our discussion included thoughts on what might happen should The People be pushed too far.

We agreed that here in France, people will not sit by and let things "take their course".  That, we understand, is what happens in the USA.  No one rises up to shout "no!"  No one takes power from the greedy 1%.  Rather, ever more power is given to those at the top of the economic heap.

Curious Objects

In France?  Well, let's just say things will be different.  Time and again, history has shown that the French are quite good at reminding the rich overlords who actually can become quickly in charge here.

The anglo-saxon press has started talking about similar taxes being placed on private bank deposits in Greece, Italy, Spain, and Portugal.  Afterall, if the Germans and Dutch can pull this little coup on Cyprus, then there's nothing stopping them from doing the same thing to other countries that are in steep debt with the EU.

Though little is being said openly, I imagine people are thinking they might withdrawl their monies to avoid the German/Dutch "bank tax."  If a run on the banks in Europe begins, watch out!  Anything can and will happen.

Curious Objects

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