And the riots have begun...in Cyprus!

 By Reginald Kaigler (DEMCAD)

And here we go? They're rioting outside of Parliament. People are terrified in Cyprus. Again, don't think this is just an isolated event. The cities in Cyprus aren't burning (yet), but this is very serious.

The system of debt, derivatives and fraud is collapsing. The problem I'm facing in attempting to awake people is that so many Americans don't want to see the truth.

This is the real reason why Homeland Security is buying billions of rounds of ammo. This is the real reason why they need tanks. They know what's coming. Are you prepared?

Nigel Farage: "Get your money out while you still can."

 By Reginald Kaigler (DEMCAD)

My favorite British political leader, Nigel Farage, appeared on RT and said what everyone was thinking.

"Do Not Invest In The Euro-Zone," he warns, "you have to be mad to do so... as it is now run by people who do not respect democracy, the rule of law, or the basic principles upon which Western civilization is based." 

Farage is the leader of the UK Independence Party and his warning shouldn't be ignored.

"Get your money out while you still can."

So Cyprus has become the FIFTH eurozone country to need a bailout. The EU can't let any of these countries fall, because if they do, the entire system will collapse.

After the proposal to steal money out of bank accounts, what do you think people will do in Cyprus as soon as the banks open? What would you do?


BANK RUN!

I said it many times and I will say it again: These countries need to have an organized default. Why make things worse with a bailout.

National planning Cyprus-style solution for New Zealand

 Quick Update

The Cyprus Parliament has outright rejected the EU bailout. They refused to allow the EU to raid the bank accounts. This is good news.

Cyprus lawmakers reject bank tax; bailout in disarray
 
The bad news?
The EU doesn't want to piss off their voters with another bailout and the Euro crisis is back in full swing.

Now New Zealand maybe the target of this Cyprus style bailout.

National planning Cyprus-style solution for New Zealand

Cyprus Disaster is Worse Than You Think!

By Reginald Kaigler (DEMCAD)

The Cyprus Bailout is the result of years and years of escalating attacks against taxpayers all across the world. This bailout is in reality a grand theft. The European Union is offering the island nation a supposed 13 billion euro bailout that will come at the cost of having bank accounts taxed 9.9%. Small accounts will be taxed 6.7%, while people with larger savings will lose at least 9.9% of your money. This is never happened before. And you can beg your bank account that it will happen again. I think this is a test run for something bigger.

This is why bailouts don't work.

1. Bailouts are essentially legalized theft. A transfer of wealth from one group (usually taxpayers) to a privilege group (usually bankers).
2. Bailouts prevent failed leaders and ideas from failing. This encourages the group to continue the behavior that led to failure in the first place.
3. Bailouts punish the successful companies and groups by stealing from them and destroying true competition.

So for all of you Americans who shrug your shoulders at this disaster, don't forget that TARP didn't solve any of your problems. it only made things worse.

Don't think it can't happen here. 

Resistance in Cyprus Grows to Europe's Bailout Plan

Trader Jim Sinclair told King World News that the Cyprus disaster is much worse than what the media is presenting.

 Sinclair: 

 “If people believe that $13 billion is the total of this bailout, they are out of their minds.  $130 billion is not the true total of even the Russian deposits in Cyprus banks.  One important Russian businessman, in his various business enterprises, would have $100 billion on deposit himself.  10% of all deposits in Cypress could be $500 billion or more because Cyprus is the banking entity for Russia, not Switzerland or Grand Cayman.

 If this is true, how in the hell can the Russians let the EU steal their money? This is going to get ugly.
 
Sinclair - Cyprus Disaster Is Much Bigger Than Being Reported