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Posted: 3/19/2013 7:51:57 AM EDT
[#1]
Quoted: Quoted: There not gonna be happy till theres blood on the streets. Precisely this. Ideas that I put firmly in the "Tin foil" column even a year ago are now yesterday's (already forgotten) headlines. I'm really starting to believe they're driving us to violence so that they can quell it and "start over the right way". They've been brilliant and ingenious in their staging of it but they're screwing up the execution because of a combination of hubris (the stupid ones think it'll all always go according to plan) and fear (the smart ones realize that this would be a runaway reaction and might not end up the way they think), hence the overreach-and-pullback routine. Hope you guys paid attention to the WW2 generation - food, water, a roof over your head and a loaded pistol in your pocket can provide a lot of comfort if times get hard. Get to know your neighbors if you don't already. Always good to know who can help, who will deserve help, who will steal from you and who will rat you out. And even if nothing gets any worse, it's still a prudent way to live your life. Quote For Truth. Important lessons learned from an entire generation of Depression survivors have been instilled in me. |
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Posted: 3/19/2013 7:52:12 AM EDT
[#2]
Quoted:
No surprise that it is spreading. The only surprise will be if zero isn't talking about this in the next two years. You can bet he's keeping an eye on the situation to see how they can do it better. Posted Via AR15.Com Mobile |
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Posted: 3/19/2013 7:52:17 AM EDT
[#3]
Quoted:
Quoted:
Sigh. Starting to seriously consider eating the early withdrawal penalties and converting my 401k to material goods, now. Who the heck is going to trust a bank if this shit spreads? You make an early withdrawal you pay a 10% penalty on top of the 28% federal tax. Add in your state taxes & you lose 50% of your account anyway (in addition to any future growth). They steal your money either way & it doesn't matter. and state income tax is 1 more reason not to live in a state like New York or California |
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Posted: 3/19/2013 7:53:41 AM EDT
[#4]
Is it time to pop the pmag covers yet?
Posted Via AR15.Com Mobile |
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Posted: 3/19/2013 7:56:40 AM EDT
[#5]
Quoted: Quoted: As disturbing as this is, it is not any worse than using tax money for the bail out. It is to those of us with a significant savings account. Not so much to those that do not. Those of us with significant savings accounts probably footed more of the tax money for the bail out anyway. So it's pretty much same-same. |
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Posted: 3/19/2013 7:58:06 AM EDT
[#6]
Quoted:
“Depositors will overnight have their savings shaved sheared by the amount needed to keep the bank afloat."  What you did there was seen. |
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Posted: 3/19/2013 7:59:40 AM EDT
[#7]
Quoted:
It was only a matter of time... This is the beginning of the end, folks. It has to be. Honestly. There's no other way to view it, if this push becomes widespread reality. |
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Posted: 3/19/2013 8:05:49 AM EDT
[#8]
Quoted: Is it time to pop the pmag covers yet? Posted Via AR15.Com Mobile It's sad - only a few can be motivated to protect the freedoms of another person's guns - but make no mistake - when they come to pick his pockets, make NO MISTAKE, the cry for arms will be in full swing. |
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Posted: 3/19/2013 8:07:04 AM EDT
[#9]
Quoted: Umm...why wouldn't people pull all their savings out of the bank at the first hint this might happen? For a lot of people, pulling your money out is a big step, especially if you've got a lot of automatic payments set. Then you have to worry about where to keep it safely, how to handle all the cashless transactions you might be used to making (internet banking etc). Some services I use are only available with automatic payments, they won't offer you the service without it. If you knew it was going to happen then it's an obvious choice, but what about when there is only a hint? Making all those fairly substantial changes just in case? I can see a lot of people weighing up the risk against the hassle and choosing to accept the risk, especially when they simply don't believe it could really happen. |
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Posted: 3/19/2013 8:09:02 AM EDT
[#10]
Quoted:
Quoted:
There not gonna be happy till theres blood on the streets. Do they really think people are gonna stand for this? This is just saying the banks and goverment own your money. With what weapons? New Zealand and Cyprus both have string gun laws. Hotel Rwanda. |
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Posted: 3/19/2013 8:09:49 AM EDT
[#11]
Quoted:
What keeps everyone from withdrawing the entirety of their accounts and creating a market crash? I haven't read about the Kiwi situation, but in Cypress they announced the plan on the weekend and closed the banks for the next 2 business days while things were sorted out. |
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Posted: 3/19/2013 8:11:23 AM EDT
[#12]
Quoted: As disturbing as this is, it is not any worse than using tax money for the bail out. Or deliberately causing inflation. It's just a lot more direct. I prefer this, because it will piss people off instead of allowing them to think they aren't being stolen from. |
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Posted: 3/19/2013 8:14:51 AM EDT
[#13]
Quoted:
Not sure I give much weight to what the Green Party claims. Hey hey now. 
Don't be trying to bring logic in here. We're about to spontaneously combust and it'll be fun to watch. |
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Posted: 3/19/2013 8:18:03 AM EDT
[#14]
With this - anyone who is currently using Sallie Mae right now for Student Loans - it should have caught your eye in the last few months that they are working extra hard to consolidate your money. They now offer money market services - put 10k with us and we'll offer you a .25% interest rate reduction.
Would YOU trust SM with 10k of your liquid cash in these times? |
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Posted: 3/19/2013 8:20:05 AM EDT
[#15]
Quoted: Quoted: As disturbing as this is, it is not any worse than using tax money for the bail out. Or deliberately causing inflation. It's just a lot more direct. I prefer this, because it will piss people off instead of allowing them to think they aren't being stolen from. True, it makes things up close and personal. ETA: Unlike this time of year when people are focusing on their "tax refund" rather than the total amount the government kept.
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Posted: 3/19/2013 8:20:30 AM EDT
[#16]
Aaannnndddd....with that announcement, if you still have money in the bank, you're a dumbass!!
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Posted: 3/19/2013 8:21:30 AM EDT
[#17]
Republicans should be pushing a bill to make this illegal.
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Posted: 3/19/2013 8:24:20 AM EDT
[#18]
Quoted:
Quoted:
I think New Zealand has okay (well not compared to Texas but compared to most countries) laws regarding gun laws ie you can at least own long guns, although I am not sure about the specifics. I think Fudd guns are unrestricted and you can get permits to own pistols and semi auto magazine fed rifles
Quoted:
There not gonna be happy till theres blood on the streets. Do they really think people are gonna stand for this? This is just saying the banks and goverment own your money. With what weapons? New Zealand and Cyprus both have string gun laws. Yeah, they're actually not that bad. When I was shopping for a Russian Tiger I found a review done by a guy in New Zealand. They can't have a flash hider added and mags are limited to 5 rounds. But they could put an SVD stock on it. They could also order surplus 7.62X54R. We may see some foing yet! ETA: Here it is on Youtube: 
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Posted: 3/19/2013 8:24:38 AM EDT
[#19]
Quoted:
Umm...why wouldn't people pull all their savings out of the bank at the first hint this might happen? The persons with savings will, if they have anything left in the country. Those with the largest deposits that will pay for the bailouts are the same people that cause the country to have a private business sector. So if they cash out, they're probably going to remove all their wealth from the country. That's okay, it fits with the government's plan to socialize the economy. The central committees are probably already laid out and membership identified. |
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Posted: 3/19/2013 8:25:21 AM EDT
[#20]
Quoted:
Quoted:
Quoted:
There not gonna be happy till theres blood on the streets. Do they really think people are gonna stand for this? This is just saying the banks and goverment own your money. With what weapons? New Zealand and Cyprus both have string gun laws. Hotel Rwanda. Great movie! What are the machete laws like in those countries? 
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Posted: 3/19/2013 8:25:23 AM EDT
[#21]
Quoted:
Quoted:
Quoted:
There not gonna be happy till theres blood on the streets. Precisely this. Ideas that I put firmly in the "Tin foil" column even a year ago are now yesterday's (already forgotten) headlines. I'm really starting to believe they're driving us to violence so that they can quell it and "start over the right way". They've been brilliant and ingenious in their staging of it but they're screwing up the execution because of a combination of hubris (the stupid ones think it'll all always go according to plan) and fear (the smart ones realize that this would be a runaway reaction and might not end up the way they think), hence the overreach-and-pullback routine. Hope you guys paid attention to the WW2 generation - food, water, a roof over your head and a loaded pistol in your pocket can provide a lot of comfort if times get hard. Get to know your neighbors if you don't already. Always good to know who can help, who will deserve help, who will steal from you and who will rat you out. And even if nothing gets any worse, it's still a prudent way to live your life. Quote For Truth. Important lessons learned from an entire generation of Depression survivors have been instilled in me. wise advice quote and bump |
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Posted: 3/19/2013 8:26:23 AM EDT
[#22]
Is it really a tax if they just take it out of your account?
Most people pay their taxs once a year and fill out the paperwork. Most people realize and don't mind paying their share. When a government just takes money out of your bank account its called theft under the guise of a tax. Taxation without representation, especially when our elected officials are passing bills that they want passed instead looking out for the people that put them in office. Hell, I started a thread asking about this happening here yesterday and its already spreading. Posted Via AR15.Com Mobile |
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Posted: 3/19/2013 8:27:51 AM EDT
[#23]
Wait until they turn the Greenbacks in your piggy bank into U.S. blue script. But give you 50 cents on the dollar in return.
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Posted: 3/19/2013 8:28:18 AM EDT
[#24]
Bama, whatever happened to your daily stripper stories?
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Posted: 3/19/2013 8:30:07 AM EDT
[#25]
Let the fuckers try to do that here....maybe then all these pussy fucks who wants our guns will have an epiphany and realize that the government isn't here to give you everything you want without a cost..
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Posted: 3/19/2013 8:30:15 AM EDT
[#26]
Quoted:
Umm...why wouldn't people pull all their savings out of the bank at the first hint this might happen? 1. Banks limit withdrawal amounts. 2. Paper trail. The .Gov still knows what you had in the account, so your liability is not hidden 3. Go try withdrawing 100k from your bank right now, see where that gets ya. TRG |
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Posted: 3/19/2013 8:32:00 AM EDT
[#27]
Quoted:
Wait until they turn the Greenbacks in your piggy bank into U.S. blue script. But give you 50 cents on the dollar in return. Gold, silver, brass, copper, food, and seeds don't change color. |
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Posted: 3/19/2013 8:32:06 AM EDT
[#28]
When government has the power to pick winners and losers in the market, and has the power to confiscate wealth from one person and give it to another on the idea of it being "good" for society, this is the inevitable result.
This is precisely why the founders engineered a system that didn't allow this sort of thing. |
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Posted: 3/19/2013 8:32:23 AM EDT
[#29]
a bit baffled. if a bank fails in an unregulated situation, their depositors would lose basically everything. under the FDIC, taxpayers foot the bill to prevent this.
i didn't read it thoroughly, but it seems like this system would put the burden on those depositors, rather than taxpayers--an incentive to choose one's bank wisely. how is this bad?
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Posted: 3/19/2013 8:35:15 AM EDT
[#30]
Quoted:
Quoted:
Quoted:
As disturbing as this is, it is not any worse than using tax money for the bail out. Or deliberately causing inflation. It's just a lot more direct. I prefer this, because it will piss people off instead of allowing them to think they aren't being stolen from. True, it makes things up close and personal. ETA: Unlike this time of year when people are focusing on their "tax refund" rather than the total amount the government kept. The problem is that the governments here are doing all that other stuff, too... Like a voracious parasite they are trying to squeeze every drop they can from the host economy and will eventually succeed in killing it. |
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Posted: 3/19/2013 8:37:25 AM EDT
[#31]
Stocks and oil are dropping, precious metals are rising... always makes me nervous
Hang on, could be a bumpy ride |
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Posted: 3/19/2013 8:37:44 AM EDT
[#32]
Quoted:
Let the fuckers try to do that here....maybe then all these pussy fucks who wants our guns will have an epiphany and realize that the government isn't here to give you everything you want without a cost.. Uhm... 'rich people' don't keep a lot in savings. They are invested in assets. The 'poor people' do not keep money in savings, because they are poor. The 'middle class' keeps a limited amount in savings, but at .25-1% interest, at best, I'd be surprised if there really were that many to raise a hue and cry. Of those, I suspect they will find the response is similar to this: First they came for the Bondholders, and I didn't speak out because I wasn't a Bondholder. Then they came for the Investors, and I didn't speak out because I wasn't an Investor. Then they increased the payroll tax, and I didn't speak out because I wasn't employed. Then they came for my savings account, and there was no one left to speak for me. TRG |
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Posted: 3/19/2013 8:37:53 AM EDT
[#33]
Quoted:
Quoted:
I think New Zealand has okay (well not compared to Texas but compared to most countries) laws regarding gun laws ie you can at least own long guns, although I am not sure about the specifics. I think Fudd guns are unrestricted and you can get permits to own pistols and semi auto magazine fed rifles
Quoted:
There not gonna be happy till theres blood on the streets. Do they really think people are gonna stand for this? This is just saying the banks and goverment own your money. With what weapons? New Zealand and Cyprus both have string gun laws. Sounds like NY. |
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Posted: 3/19/2013 8:39:41 AM EDT
[#34]
Quoted:
What keeps everyone from withdrawing the entirety of their accounts and creating a market crash? The lack of paper money. |
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Posted: 3/19/2013 8:39:55 AM EDT
[#35]
It's hard to tax an ammo fort.......just saying.
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Posted: 3/19/2013 8:42:16 AM EDT
[#36]
Stop the planet, I want off this fucking merry go round of a cluster fuck.
Either that or please let some Russian general go apeshit and start launching nukes.
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Posted: 3/19/2013 8:42:54 AM EDT
[#37]
Quoted:
Wait until they turn the Greenbacks in your piggy bank into U.S. blue script. But give you 50 cents on the dollar in return. North Korea already did that at least twice. |
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Posted: 3/19/2013 8:43:53 AM EDT
[#38]
They had their Arab spring.
What would it be called in the West ? Posted Via AR15.Com Mobile |
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Posted: 3/19/2013 8:46:50 AM EDT
[#39]
Quoted:
Quoted:
Sigh. Starting to seriously consider eating the early withdrawal penalties and converting my 401k to material goods, now. Who the heck is going to trust a bank if this shit spreads? You make an early withdrawal you pay a 10% penalty on top of the 28% federal tax. Add in your state taxes & you lose 50% of your account anyway (in addition to any future growth). They steal your money either way & it doesn't matter. At least he'd have 50%. They have their way, and all he'll have when he goes to collect are a drawer full of IOU's ala social security, and tough luck, so sorry. |
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Posted: 3/19/2013 8:48:10 AM EDT
[#40]
Quoted:
They had their Arab spring. What would it be called in the West ? Posted Via AR15.Com Mobile I know what they called it in Ireland. TRG |
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Posted: 3/19/2013 8:51:28 AM EDT
[#41]
Quoted: Wait until they turn the Greenbacks in your piggy bank into U.S. blue script. But give you 50 cents on the dollar in return. Money is a means to an end. For me, that means bullets, beans and beer. |
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Posted: 3/19/2013 8:53:02 AM EDT
[#42]
Quoted: Wait until they turn the Greenbacks in your piggy bank into U.S. blue script. But give you 50 cents on the dollar in return. Where have I heard that before?  |
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Posted: 3/19/2013 8:53:06 AM EDT
[#43]
Quoted: They had their Arab spring. What would it be called in the West ? Posted Via AR15.Com Mobile The American Fall. |
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Posted: 3/19/2013 8:57:04 AM EDT
[#44]
Quoted:
Quoted:
I think New Zealand has okay (well not compared to Texas but compared to most countries) laws regarding gun laws ie you can at least own long guns, although I am not sure about the specifics. I think Fudd guns are unrestricted and you can get permits to own pistols and semi auto magazine fed rifles
Quoted:
There not gonna be happy till theres blood on the streets. Do they really think people are gonna stand for this? This is just saying the banks and goverment own your money. With what weapons? New Zealand and Cyprus both have string gun laws. Rule 303 and you are good to go |
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Posted: 3/19/2013 8:59:07 AM EDT
[#45]
Quoted:
No more interest than you get for a savings account.your better off just having a checking account to pay bills. this is exactly where I'm at. I deal mostly in cash, and now significant amounts of that will be going into the gun safe. there is no point, from the standard of interest earned, to keep $20K in the bank. if this keeps up it will definitely be safer to keep it elsewhere. and, now we will supplement our already extensive preps. |
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Posted: 3/19/2013 9:06:17 AM EDT
[#46]
Quoted:
Umm...why wouldn't people pull all their savings out of the bank at the first hint this might happen? That may be the whole point. Look at all the socialist progress made furring the first Great Depression. How much could be made during the second? Given the way our government behaves it would be easy to think they're intentionally sabotaging the economy. A massive bank run would really make a dent. New Zealand is just ahead of the curve. Before you say that's too far out I'll remind you our own government has been muttering about nationalizing IRAs and 401ks as of late. For our own good of course. |
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Posted: 3/19/2013 9:08:36 AM EDT
[#47]
Quoted:
Quoted:
Umm...why wouldn't people pull all their savings out of the bank at the first hint this might happen? Because 'they' don't give any hint until they've already locked down your account. You're saying that you believe all bank accounts in New Zealand are now locked? |
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Posted: 3/19/2013 9:09:01 AM EDT
[#48]
Starting to feel like this.
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Posted: 3/19/2013 9:13:42 AM EDT
[#49]
Quoted: Is it time to pop the pmag covers yet? Posted Via AR15.Com Mobile . . . . just about....  |
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Posted: 3/19/2013 9:15:58 AM EDT
[#50]
Quoted:
Quoted:
They had their Arab spring. What would it be called in the West ? Posted Via AR15.Com Mobile The American Fall. Bravo. The good news is that attention is turning from guns, and the mainstream media who's working hard to maintain the illusion will become increasingly unable to do so. At the same time more people are beginning to understand that life is uncertain and governments are not always your friend. The administration would LOVE to spend another couple months talking about "gun violence" and get legislation passed before they talk about "taxing" 401Ks. They don't have the time for that though, and now people have two things prominently in their minds- guns and governments raiding savings accounts. We could have had Feinstein's ban in place for two decades before this happened, with a smaller supply of semiauto rifles, a public far more accustomed to gun control, and no public debate about the 2nd Amendment being for defense against governments. It could be a lot worse. |
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