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Cyprus government raids private checking and savings accounts as citizens panic


Cyprus government raids private checking and savings accounts as citizens panic

via Cyprus government raids private checking and savings accounts as citizens panic.

(NaturalNews) The day is coming when the U.S. government will claim it “owns” a portion of all our bank accounts, and it will electronically drain our accounts of money in a grand theft scheme designed to pay off the banksters while decimating private savings.

Don’t believe it? That day has already arrived in the European nation of Cyprus, where the government made a secret deal with the IMF to loot private bank accounts of up to 10% of current deposits. Banks went along with the theft, sealing off the funds from account holders. The government now plans to initiate millions of funds transfers as early as Tuesday, draining private accounts of the money the government now claims it owns.

Learn more here.

***UPDATE*** 20/3/13

(NaturalNews) Following the uproar over the Cyprus government’s plan to raid private bank accounts and literally steal up to 10% of account balances from private citizens, Cypriot MPs have just voted down the measure in the face of extreme anger on the part of the public.

The vote was 36 against the measure, with 19 abstaining. Not one lawmaker voted for the measure, probably because they did not want to find themselves hanging by a rope from a tree.

Learn more: http://www.naturalnews.com/039555_Cyprus_bank_accounts_rejected.html#ixzz2O203XAJp

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Categories: International-news

Author:General Maddox

Real News Australia was founded in 2012 and is Australia's leading alternative news site featuring; open source journalism, current news articles that actually matter, opinionated editorials, shared news items from Australia and around the world, documentary films & video clips. We are dedicated to talking about real issues, health news, world events, political events and deciphering the main stream media garbage in order to break the cycle of propaganda. Remember: "Journalism is printing what someone else does not want printed. Everything else is public relations." - George Orwell. Please share anything you feel is worth sharing and subscribe to our emails. This operation is run on a shoestring budget so any contributions are well received.

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One Comment on “Cyprus government raids private checking and savings accounts as citizens panic”

  1. gusgrunt
    March 18, 2013 at 7:06 pm #

    It happened in the great depression….. your money just disappeared into thin air the same way it was created……… Gus

    (NaturalNews) There’s only one reason people leave money in a bank: because they think it’s safe there. They think they can get their money back out when they ask for it. This trust is what makes bank accounts possible, and without this trust, there is no longer any reason to put money in any bank.

    The government of Cyprus just destroyed that trust across the entire EU. How did it accomplish this feat of destruction? By raiding the private bank accounts of everyone with a checking or savings account. In a surprise act of nationwide government theft, the government of Cyprus — under orders from the IMF and German bureaucrats — simply looted private bank accounts, stealing up to 10% of private account deposits.
    Learn more: http://www.naturalnews.com/039523_Cyprus_bank_robbery_runs.html#ixzz2NseAE2Of

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