http://www.infowars.com/banking-chief-calls-for-15-looting-of-italians-savings/
Is another financial pillage of Cyprus another IMF riot in the wings?? News that the International Monetary Fund had intially demanded to loot a 40% of savings from the private bank accounts of Cypriots underscores how the residents of the Mediterranean Country could be victims of "IMF" rioting as the chief economist of the German Commerzbank calls for Italians to be stripped of 15% of their savings.
The government of Cyprus is supposed to vote tomorrow on enforcing a "tax" which is nothing more than confiscating private wealth into the hands of the robber barons that would hit savers with between 100,000 to 500,000 euros with a levy of 9.9%. Those who have half a million euros will face even higher rate of 15%!!! However this scale of criminal robbery could have been a hell of a lot worse. According to Zero Hedge: "It appears that the settled upon 9.9% haircut is a "good deal" compared to the stunning 40% of total deposits that Germany's FinMin Schaeuble and the IMF demanded"
Now the dictators of the EU and IMF have simply set about stealing privately acquired wealth of lifetime savers in Europe so now begs the question- who is next in line??
Joerg Kraemer, who is a chief economist of the German Commerzbank, has called for private savings accounts to be basically plundered: "A tax rate of 15 percent on financial assets would probably be enough to push the Italian government debt to below the critical level of 100 percent of gross domestic product"he told Handelsblatt
Though many residents of Cyprus have reacted with complete outrage over the theft of their savings with one guy actually threatening to bulldoze his local bank, the reaction has been somewhat calmer than one would expect on a country like Italy, which has been it with violent anti-austerity riots over the past year.
Is this another example of the "IMF riot"- where the banking elites deliberately use social dislocation as an excuse to take control of a nation's economy and begin stripping the assets just like Greece and Argentina?? are Cyprus and Italy in the crossfire??
the Late Greg Palast, who was a highly respected investigative journalist. exposed in 2001 how the global banking elite cartel, the World Bank and IMF mainly, have perfected a technique that allows these criminal scum to asset strip other countries in the past and it is known as the "IMF riot"
in April of 2001, Palast obtained documents leaked from the World Bank that outlined a 4 step process on how to loot nations of their wealth and infrastructure and placing all control of resources into the hands of the banking cartel. One of the steps of this, the "IMF riot", detailed how the elites would plan for mass civil unrest ahead of time so that it would scare off investors and causing governments to become bankrupt.
"This economic arson has its bright side-for foreigners, who can then pick off remaining assets at fire sale prices-wrote Palast adding "a pattern emerges. There are lots of losers bu the clear winners seem to be the western banks and US treasury"
How long before the crisis in Cyprus engineered with the looting forces would force Cyprus to hand over its assets in return for IMF debt like Greece has for the past couple years??
The looting of Cyprus being labelled a "tax" is being spun the Cypriot government, the IMF, EU and corrupt establishment financial media as being a "necessary evil" to stop the country's banks from going into bankruptcy!!!
Mark J Grant described this latest tactic as a "tax' as an insult to reality:
"Let's be quite clear; the European Union has confiscated the private property(note: UN Agenda 21) of the citizens in Cyprus without debate, legislation or Parliamentary agreement. A bank account is not a bond or stock or any sort of investment. This seems to be lost on many people. A bank account is the private property of a citizen or a corporation and does not belong to the government or at least that was the supposition up until now in Europe"-he writes
The whole Doomsday nonsense about Cyprus collapsing if the government is not allowed to rape and pillage private bank accounts is a mere cover to justify this criminal act
Cyprus needs to pull an Iceland, instead of bailing the banksters out, Iceland arrested them and instead of brutal austerity measures, Iceland paid off people's underwater mortgages. They also allowed people to pay off debt in foreign currency, which were declared illegal, with the devalued krona. As a result, Iceland has one of the fastest growing economies and Icelanders have more money in their pockets
But the Cypriot government and the globalist banking cartel have chosen another route- selling their citizens out to the dictatorship of the EU and the IMF setting the stage for an economic collapse, civil unrest and being dependent on these criminal scumbags which only benefit from chaos.
here is the article by Mark J Grant as posted on Zero Hedge but linked on infowars.com explaining and breaking down the financial rape of Cyprus by the EU and IMF:
http://www.infowars.com/the-rape-of-cyprus-by-the-european-union-the-imf/
