Comments on: New EU Plan Will Make Every Bank Account In Europe Vulnerable To Cyprus-Style Wealth Confiscation

By: WorldFailure

WorldFailure — Fri, 19 Jul 2013 13:31:00 +0000

Or the bankers should be forced to cover the loses, take away all their assets, their cars, their houses, their secrete Caribbean mansions everything, just like when an ordinary person fails to pay back a loan. Why bankers have absolutely no accountability and responsibility is beyond me, it’s the problem with today’s society we believe they are something special, something above us ordinary people, the rules apply to us but not them.

By: Ian Mathers

Ian Mathers — Mon, 08 Jul 2013 23:47:00 +0000

In some service industries in the US, they are beginning to issue to employees a ‘payroll debit card’, subject to extra bank fees. They won’t have any problem just taking what they want….before you even see it.

By: Gay Veteran

Gay Veteran — Tue, 02 Jul 2013 00:10:00 +0000

the only reason the criminal banksters are not in jail is because they own the government

By: JustanOguy

JustanOguy — Mon, 01 Jul 2013 22:48:00 +0000

Already did long ago… I’m in a related business and knew what eventually happened was going to happen all the way back in 2005.

There is a reason why there is not ONE Executive that supposedly “knew” that the home loans were going to be defaulted on is not in jail… or has even been fined for that matter.

By: Gay Veteran

Gay Veteran — Mon, 01 Jul 2013 22:09:00 +0000

you need to educate yourself, Karl Denninger (one of the founders of the tea party movement) has written extensively about the massive fraud the banks engaged in.

By: JustanOguy

JustanOguy — Mon, 01 Jul 2013 20:53:00 +0000

Perhaps you can actually cite a law in place before MBS investors were duped that considers this fraud?

Ethically bankrupt of course because of the high probability that SOME loans would not be paid back…. but there was NO guarantee that they were NOT going to be paid back.

With your perception… then I guess all of the “Stimulus” money spent on all of the companies that eventually went BK was also fraud?

By: Pascal

Pascal — Mon, 01 Jul 2013 11:15:00 +0000

I know how safety deposit reembursement limits are set …thus when the next financial squeez will occur I know for sure that it will take $2.50 to buy 1€ …..it’s a no-brainer !

By: Gay Veteran

Gay Veteran — Mon, 01 Jul 2013 10:22:00 +0000

“…Being stupid and making / rubber stamping through a bunch of bad home loans is not fraud….”
They made loans knowing they would not be paid back. They put these loans into Mortgage Based Securities and sold them. That was FRAUD

By: JustanOguy

JustanOguy — Mon, 01 Jul 2013 07:07:00 +0000

Sorry… but I don’t see anything in the Bible that demands the government take the money from the rich to give to the poor.

Certainly nothing that states confiscation from the producers to give to the lazy non-producers sitting around doing nothing all day.

By: JustanOguy

JustanOguy — Mon, 01 Jul 2013 07:01:00 +0000

Please explain how letting a bad bank fail and not be bailed out with taxpayer dollars is going to add to a world collapse?