Farage: EU wants to steal money from Cypriots bank accounts // Precedent Set !!

[Cidersomerset]

'Cyprus levy tipping point for Eurozone between safety & panic'

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Published on 19 Mar 2013
Taking the bailout model to extremes - the EU has given Cyprus an ultimatum - either
force savers to save banks, or go bankrupt. United Kingdom Independence Party MEP
Nigel Farage gives his perspective on the deposit levy and Cypriot parliament vote.

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Published on 18 Mar 2013


Cyprus may make its citizens shoulder a 12.5-percent crisis tax on savings larger than
€100,000, while reducing the tax for smaller deposits to 3 percent, Reuters reported.
Panic ensued as Cypriots rushed to withdraw savings. Global markets analyst Patrick
Young says that EU's proposition to encroach on personal as well as foreign bank
deposits deeply endangers the banking system.

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Putin: Cyprus bailout deposit grab unprofessional & dangerous

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Published on 18 Mar 2013


The Russian leadership has lashed out at Cyprus' plan to tax bank deposits.
President Vladimir Putin called the initiative 'unfair', while Prime Minister Dmitry
Medvedev drew comparisons with illegal

[sheme]

I feel so sorry for these people dreams stolen by Europe. Will we be next? I think it makes sense to spread your eggs around.

[Cidersomerset]

BBC ONLINE....

19 March 2013 Last updated at 19:00

Cyprus MPs reject EU-IMF bailout tax on bank depositorsComments (825)
Protesters gathered outside the Cypriot parliament to denounce the plan


http://news.bbcimg.co.uk/media/images/66490000/jpg/_66490185_66488878.jpg

Cyprus' parliament has rejected a controversial levy on bank deposits, proposed as
part of an EU-IMF 10bn-euro (£8.7bn; $13bn) bailout package.

No MPs voted for the bill, with 36 voting against and 19 abstaining.

The finance ministry had modified the package, proposing an exemption for savers
with smaller deposits, but opposition had remained fierce.Thousands of protesters
who had filled the streets outside parliament reacted with joy to the news of the
vote.EU finance ministers have warned that Cyprus' two biggest banks will collapse
if the deal does not go through in some form. However, there has been widespread
outrage on the island at the prospect of ordinary savers being forced to pay a levy
of 6.75%The plan was changed to exempt savers with less than 20,000 euros (
£17,000), with those over 100,000 euros charged at 9.9%, but this was not enough
to placate critics.

Read more...

http://www.bbc.co.uk/news/world-europe-21842966

[ruisatriani]

I was in that protest! quite surprising to see many people there... Lets see what is the unfolding, but it can be a turning point, for good or for bad.

cheers good people! :)

[Kiforall]

I think we need to watch how Farage is going to be used in the E.U. part of Agenda 21.
Has he joined the forces of evil?

http://www.project.nsearch.com/profiles/blogs/media-mogul-murdoch-has-captured-nigel-farage

[Cidersomerset]

It looks like Nigal has reached the Rubicon. Does he cross the river Styx ?
does he sell his soul with the media Devil for funding and support
to get some MP's or does he stick to his principles.Both Blair & Cameron
have sold theirs souls before him.So what will Nigal do ??


http://www.newscorpse.com/Pix/murdoch_hell.jpg





http://www.independent.co.uk/independent.co.uk/images/independent_masthead.png


Surprise as Ukip leader Nigel Farage dines with Rupert Murdoch

Dinner with media mogul Rupert Murdoch seen as a symbol of the growing influence of the anti-EU party
Joe Churcher
Friday 08 March 2013

http://blogs.telegraph.co.uk/news/files/2013/01/page10ukip_2435546b-460x288.jpg


UK Independence leader Nigel Farage had dinner with media mogul Rupert Murdoch
after the party's strong showing in the Eastleigh by-election - in what was reported
to be the pair's first such meeting.They ate at the News Corp chief's London home
on Tuesday, five days after Ukip pushed the Tories into third place and fell not far
short of a shock victory, the Daily Telegraph said.It will be seen as a symbol of the
growing influence of the anti-EU party on British politics, with Mr Murdoch
subsequently declaring that Mr Farage was “reflecting opinion”.The newspaper said
Mr Farage, who did not last night deny the meeting but declined to comment
further, had repeated his willingness to strike an electoral pact with the Tories in
2015 if Prime Minister David Cameron is ousted as leader.Mr Murdoch took to
Twitter last night with political observations about his European visits this week -
drawing parallels between the UK and Italy.

“Politics both places very fluid, economies going nowhere. New leaders emerging on
distant horizon,” he wrote in one pos

“Stagnant Europe wracked by discontent and resentment of EU. Glad we contributed to UK resisting the Euro over many years,

“Boris Johnson, Michael Gove, few excellent, frustrated ministers.

“Farage reflecting opinion.”


http://www.independent.co.uk/news/uk/politics/surprise-as-ukip-leader-nigel-farage-dines-with-rupert-murdoch-8525616.html

[sheme]

I love Boris too-( but I also Love Henry Westons Herefordshire vintage, poor you I bet you can't buy it in Somerset?) LOL

[Cidersomerset]

love Boris too-( but I also Love Henry Westons Herefordshire vintage, poor you I bet you can't buy it in Somerset?) LOL

No, I have heard of it and had it on draft before many moons ago on
a day out with the lads, when I was involved with carnival. Nowadays
I have the odd pint or two of Thatchers gold..LOL









CrossTalk: Cypriot Bail-In (recorded)


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Published on 20 Mar 2013
Cyprus is facing tough bailout conditions. What is the best plan to save the
country? Do the citizens need to be punished when banking regulation is at fault?
And how will these events affect the financial markets? CrossTalking with
Scheherazade Rehman, Michael Burke and Matthew Boesler.

[Cidersomerset]

Cyprus vs Bankocracy: 'Mattress better place to keep cash than banks'

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Published on 20 Mar 2013


Thousands of Cypriots are celebrating, after the country's Parliament gave a
resounding no vote to the EU-IMF bailout package. The move could have seen the
government take up to 10% of people's savings, from private bank accounts - as a
precondition to securing the much needed 10 billion euro loan. Now that it's been
rejected, the ailing Eurozone member will have to work out another plan to avoid
bankruptcy.

[Cidersomerset]

Dead Broke: Cyprus turns to Russia after EU terms rejected, Merkel furious

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Published on 20 Mar 2013


Scenes of relief and celebration greeted the Cyprus Parliament's rejection of a tax
on bank deposits. The one-off levy linked to an EU bailout deal would have seen
millions of account holders lose up to a tenth of their savings, and had been
condemned by officials and the public alike. But the country now finds itself on the
brink of bankruptcy and having rejected the EU's terms, it may have to turn to
Russia for assistance. RT's Egor Piskunov reports.

[Cidersomerset]

Cyprus banks stay shut as crisis deepens


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Published on 20 Mar 2013


In Cyprus, banks are set to stay closed all week: until next Tuesday in fact,
as the hunt continues for a bailout which Cypriots will accept, to stave off
bankruptcy.


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'EU loses cash control over Cyprus if Russia gives money'


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Published on 21 Mar 2013


The Cypriot finance minister is in Moscow as talks to save the offshore banking hub
from bankruptcy, enter crunch time. The stakes are high, with speculation that
Cyprus could offer natural gas exploration rights to secure Russian help. Time is
running out for the island nation as dwindling cash reserves push it towards default.
Steven Wolf, economic spokesperson for the UK Independence Party gives more
perspective on the problems facing Cyprus.

[Kraut]

Can someone please steal Merkel and Schäuble from us? And you can gladly keep them for all eternity if you like, they won't be missed here (at least not by me).

[Cidersomerset]

Nigel Farage EURO CRISIS 2013 - Enough is Enough!

Its before the Cyprus crisis...

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This is quite a strong speach and highlights the problems of the expantion
of the EU.I am not a natural supporter of his views and am in favour of
EU membership as it was a decade ago, free movement of trade and
of people.In Bridgwater we have a large Polish comunity and others
and this is fine and we all know the government figures are wrong there
are far more migrant workers than officially reconised.Again this is ok
Britain has always been a multicultural country and every generation
a new wave has come in and we still have strong commonwealth and
global links.Its part of our heritage from the celts onwards.

We also have many workers from Spain,France, Portugal, Ireland ,Germany
infact from all over the EEC, which is what is supposed to happen and
many Brits work and live over seas as can be seen in Cyprus.But you
cannot get a litre of beer into a pint mug and we are reaching that
point especially with unemployment getting higher.It seems like
Brussels is trying to exasperate the situation.Which will lead to a right
wing backlash if we are not carefull.

[Cidersomerset]

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Published on 22 Mar 2013


Chancellor Angela Merkel is now warning Cyprus, quote 'not to test the boundaries
of the Troika's patience'. That is after one avenue of rescue, a deal with Russia, all
but evaporates. Nicosia and Moscow failed to agree on a rescue plan, after intense
negotiations in the Russian capital.
The Cypriot government is due to present the EU and IMF with a new plan, dubbed
Plan B, to secure a bailout. Andreas Tiedtke, a Free Voters Nuremberg candidate for
the Bavarian Parliament, gives a German perspective on the crisis.

[Cidersomerset]

'Merkel seeks votes playing hardball to keep Cyprus afloat'

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Published on 23 Mar 2013


Chancellor Angela Merkel warned Cyprus 'not to test the boundaries of the Troika's
patience'. That's after one avenue of rescue - a deal with Russia, all but
evaporates. Nicosia and Moscow failed to agree on a rescue plan, after intense
negotiations in the Russian capital.

RT's news editor Ivor Crotty says the rivalry over Cyprus began more than a year ago.
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Bailout Closing: Cyprus & lenders agree on taxing deposits


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Published on 24 Mar 2013


Cyprus and international lenders have managed to strike a long-awaited agreement
on taxing bank deposits of over 100-thousand euros held with the country's biggest
bank. Customers who keep large sums of money in other banks will also be forced
to sacrifice part of their savings to the country's ailing economy.

[Cidersomerset]

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Channel 4 news 24th March...