Deal Reached for Cyprus - 40% of deposits will be stolen. Banks doing it without Parliament vote

The EU had an out where they could simply steal the money without a vote from the Cyprus Parliament.  Since the stealing of the money is not a tax, but it is necessary to save the banks,  there is no vote from the government of Cyprus for it.  It will just be done.

(Update - at the end it is now 40% of deposits over 100,000)

 FYI - I am tired of it being called a "haircut"!  Call it what it is STEALING! What bullsh** to keep saying haircut for it!  If they are going to use a body part - don't f ing use haircut - use knife to the gut and splitting it open!  It is not a F ing haircut!

An agreement was reached for them to steal 30% from the deposits of the Cyprus banks.

It appears the 'deal' to default/restructure the banks has been designed to bypass the need for parliamentary votes, since it is theoretically not a tax.

While we have little color on what kind of carnage the President of Cyprus had to accept to his fellow countrymen, the news is that :

• *CYPRUS, TROIKA REACH AGREEMENT IN PRINCIPLE, EU OFFICIAL SAYS
• *DEAL MADE AT DINNER WITH DRAGHI, LAGARDE, VAN ROMPUY, BARROSO

The terms, unsurprisingly what zee Germans wanted, are:

i) Laiki to be wound down;

ii) Bank of Cyprus to survive but with deposit haircuts, and

iii) deal would see secured deposits in Laiki moved to Bank of Cyprus.

In other words, a deal far worse then the original on proposed by the Eurogroup last week - when the banks still existed. The key appears to be the 'saving' of the insured depositors (crucial to avoid a pan-European bank run) and the crushing of the 'whale' depositors

Hitlmerk (Hitler Merkel) my name for her now.  Is behind it all.  She is Hitler reincarnated or the spawned daughter of his!  She even actually looks like him.

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Edit to add 3/25/13 - Hitlmerk's comment upon the EU/Cyprus stealing of money:

German chancellor Angela Merkel has voiced her approval of the deal. Mrs Merkel has become something of a hate figure on the island, among a population which believes she maintained a tough stance to meet her own political ends at home, where federal elections will be held in September.

I am very pleased that a solution was found and that we have been able to avoid an insolvency. I believe the agreement that was reached is the right one.

Also adding this tweet:   Cyprus is confiscating all money at borders from Wall Street Journal:
JoeWSJ Joe Parkinson#Cyprus border officials at air/sea ports searching bags and under orders to confiscate any cash sums over 10k euros.#capitalcontrols (1/2)
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This is simply disgusting!



What does this tell everyone, every where?

Get you Money OUT OF THE  BANKS!

They can twist the reason for stealing the money and just do it!  The banks feel your money in it, is actually their money.   They are allowed this through the government too.


If people don't wake up now and see the banks are allowed to steal every one's money if they want to, right out of their accounts, I don't know what will.  JP Morgan stole the money from the MF Global accounts, but that was hidden from the masses as a whole.  MSM never mentioned that sanctioned and government allowed stealing.

What is so sad about all of this too, is Cyprus was a financially healthy and prosperous country just 5 short years ago, until they joined the EU.

My open letter to the banks!  


This really is getting me going!  It shows without a doubt we are simply slaves and subhuman to those who are the 'elite' and run the world.  They want us in absolute poverty and to grovel to them for any of our needs.  They want us to slave away to pay them every dime we make.

I hope the People of Cyprus lets the banks and EU know what they think of this!

But... one condolence for me.... The Russians will get Revenge!  They Always get revenge for any wrong done to them.  It may not be tomorrow, but I look forward to the EU being taken down by the Russians.  Russian grudges and revenges are passed down from generation to generation.  I really do look forward to what the Russians will do to the EU commission members now.  Everyone involved in the stealing of their money.  It is Russian government money too.  Putin wasn't happy about 12% - Now 40%!  Seems the EU is saying F U to Putin.   But I know who will have the last laugh and it won't be the EU!

Will Russia be on a track now to stealthily take down the Western Bankers?  I sure Hope So!

They will not stop at Cyprus.  Once they have been able to steal from one country'e people right out of their accounts, they will march their way through the other countries.  Just like Hitler did, he marched his way through, taking one country at a time.  Hitlmerk is on the same path with the same goal!  Domination and slavery of the people!

All the money people saved up their whole lives - GONE in an instant due to the F ing GREED of the EU!

If you don't think if will ever happen in the U.S. or any other country, then you haven't been paying attention to how the elite think of us all!  We are nothing to them!  Take your money out of the banks and take your money out of your IRA or 401K before the banks and governments takes it!

Someone inserted this in a comment on Zerohedge about the stealing of people's money and I believe it is very appropriate and funny to put here for what they have done. This of course is about the EU elite/controllers and the President of Cyprus:




For once in my life - I am backing Russia!  I am behind Russia all the way and look forward to their future response to the stealing of their money.  It is above board Russian government money that is being stolen.  It is not just Russian mob money as proclaimed.  I believe war was just declared and this is WW3, but not using guns as the weapons.

EDIT to ADD 3/25/13 - Start a Silver Revolution - 3 minute video on why it is important to buy 2 ounces.  CRASH the BANKS!

UPDATE 3/26/13 - Jim Willie Interview about Cyprus - Inside Information.