The money grab from private accounts has begun.

The fascists of the EU have now set a precedent by grabbing money direct from private bank accounts in Cyprus.

Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe’s debt crisis broke out in 2009.

Read the full story here.

Of course we can all sleep in our beds because Cyprus is a long way off and that sort of thing just wouldnt happen here -would it.

Well dont settle down too much because there are already rumblings from the Bank of Rothchilds  England that the £375 billion of funny money injected into the “economy” using quantitative easing will result in a loss to the taxpayer of £8 billion.
Then we have all the money given to the banks so they didnt go bust and you have a figure of about
£16000 per person debt for every person in the country.How tempting will it be now the precedent has been set to just grab that money direct from savers bank account in Britain overnight as has happened in Cyprus and how easy would it be to do so now many of the Banks in Britain are nationalised.

Better to act now and get your money out of the nationalised banks before you wake up one morning and find that your savings have been plundered to the tune of 10,20,30,40,50% all in the name of the “greater good”.

Remember-cash is good but gold is better.