bank accounts

Cyprus MPs vote down government raid on private bank accounts in defiance against IMF and EU central bank

Tuesday, March 19, 2013
by Mike Adams, the Health Ranger
Editor of NaturalNews.com (See all articles...)
Tags: Cyprus, bank accounts, rejected

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(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.

In the hours leading up to the vote, there were massive protests outside the Cypriot parliament, and when news of the vote was announced, the mood shifted to one of celebration. But for the people of Cyprus, this battle has only begun. The European Central Bank (ECB), the center of financial theft across the eurozone, is no doubt plotting new attacks against private wealth via the banking system. The ultimate goal of all central banks, including the Fed in the USA, is to confiscate all global wealth and leave the people destitute.

Financial terrorism

The recent decision to literally steal 10% of account balances from private citizens was a beta test to see whether they could get away with it. Speculation was that if the globalist banksters got away with looting the bank accounts of Cyprus, they could repeat the same crimes in Greece, Italy and Spain. But this defeat in the Cypriot parliament means eurozone mafia banksters will have to find a new way to steal money from the citizens, or at least risk setting off massive civil unrest and uncontrollable bank runs. The mere attempt of doing this has already rocked confidence in the banking sector across the globe.

As the Guardian reports on its live coverage page, "There are fears that the ECB could pull the plug on the country's two biggest banks, by terminating the support provided under its Emergency Liquidity Assistance -- on the grounds that they could be insolvent. But as the WSJ's Simon Nixon explains, Cyprus could be gambling that the ECB won't risk turning the liquidity tap off."

Such threats by the ECB amount to nothing less than financial terrorism. By using the threat of a collapse, they can force governments to confiscate deposits from their own countrymen. Those who do not comply will be punished with a withdrawal of liquidity leading to a local bank collapse.

This is a game of financial chicken... or more aptly, Russian Roulette since it's mostly Russians who have their money in Cyprus banks. The eurozone central bankers just put a gun to the heads of private bank account holders and said, "Pull the trigger!" But the account holders said, "Hell no!" and are now throwing the financial equivalent of a live grenade back into the trenches of the ECB. This may ultimately be followed up with Russian military hardware arriving on scene, by the way.

My guess is the ECB will now pull liquidity from Cypriot banks, causing a bank collapse there as a way to "teach them a lesson" for refusing to hand over 10% of their own money to the banking elite. This is how the mafia operates, of course, and the central banks of Europe are 100% pure mafia.

Source:
http://www.guardian.co.uk/business/2013/mar/...

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About the author: Mike Adams (aka the "Health Ranger") is the founding editor of NaturalNews.com, the internet's No. 1 natural health news website, now reaching 7 million unique readers a month.

With a background in science and software technology, Adams is the original founder of the email newsletter technology company known as Arial Software. Using his technical experience combined with his love for natural health, Adams developed and deployed the content management system currently driving NaturalNews.com. He also engineered the high-level statistical algorithms that power SCIENCE.naturalnews.com, a massive research resource now featuring over 10 million scientific studies.

In addition to being the co-star of the popular GAIAM TV series called Secrets to Health, Adams is also the (non-paid) executive director of the non-profit Consumer Wellness Center (CWC), an organization that redirects 100% of its donations receipts to grant programs that teach children and women how to grow their own food or vastly improve their nutrition. Click here to see some of the CWC success stories.

In 2013, Adams created the Natural News Forensic Food Laboratory, a research lab that analyzes common foods and supplements, reporting the results to the public. He is well known for his incredibly popular consumer activism video blowing the lid on fake blueberries used throughout the food supply. He has also exposed "strange fibers" found in Chicken McNuggets, fake academic credentials of so-called health "gurus," dangerous "detox" products imported as battery acid and sold for oral consumption, fake acai berry scams, the California raw milk raids, the vaccine research fraud revealed by industry whistleblowers and many other topics.

Adams has also helped defend the rights of home gardeners and protect the medical freedom rights of parents. Adams is widely recognized to have made a remarkable global impact on issues like GMOs, vaccines, nutrition therapies, human consciousness.

In addition to his activism, Adams is an accomplished musician who has released ten popular songs covering a variety of activism topics.

Click here to read a more detailed bio on Mike Adams, the Health Ranger, at HealthRanger.com.

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