See: John Law and the Mississippi Bubble. Of course that was France, I'm sure it couldn't happen here.EKO wrote:VMI77 wrote: There are ways of "taking" that might not be considered "taking."
Like:
1. Keeping the Interest rate low.
2. Printing money and dumping it into the bond market.
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Return to “Last-minute Cyprus deal to close bank, force losses...”
- Sun Mar 31, 2013 1:06 am
- Forum: Gun and/or Self-Defense Related Political Issues
- Topic: Last-minute Cyprus deal to close bank, force losses...
- Replies: 32
- Views: 2747
Re: Last-minute Cyprus deal to close bank, force losses...
- Tue Mar 26, 2013 7:38 pm
- Forum: Gun and/or Self-Defense Related Political Issues
- Topic: Last-minute Cyprus deal to close bank, force losses...
- Replies: 32
- Views: 2747
Re: Last-minute Cyprus deal to close bank, force losses...
False.handog wrote:Obamas Executive Order -- National Defense Resources Preparedness claims executive authority to seize all US resources and persons, including during peacetime.stevie_d_64 wrote:The day the government even entertains the idea of seriously raiding 401k's, or our bank accounts, there will be atomic wedgies applied early and often...geekwagun wrote:As I understand it, It is the government taking the funds. If the banks were to fail or some other legit reason, then the insurance would kick in, that is different than what is happening.
This admininstration here has also kicked around the idea of taking from 401K's and other retirment accounts - at least rumored to .
We are not quite there yet...But you can almost hear the salivating from the liberals around this country...
http://www.outsidethebeltway.com/no-its ... paredness/