Think Your Money is Safe in an Insured Bank Account? Think Again. by Ellen Brown

by Ellen Brown
Writer, Dandelion Salad
webofdebt.com
July 6, 2013

Nationalise the Banks

Image by The Workers’ Party of Ireland via Flickr

A trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money.

When Dutch Finance Minister Jeroen Dijsselbloem told reporters on March 13, 2013, that the Cyprus deposit confiscation scheme would be the template for future European bank bailouts, the statement caused so much furor that he had to retract it. But the “bail in” of depositor funds is now being made official EU policy. On June 26, 2013, The New York Times reported that EU finance ministers have agreed on a plan that shifts the responsibility for bank losses from governments to bank investors, creditors and uninsured depositors.

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Bail-out Is Out, Bail-in Is In by Ellen Brown

by Ellen Brown
Writer, Dandelion Salad
webofdebt.com
April 9, 2013

Nationalise the Banks

Image by The Workers’ Party of Ireland via Flickr

“[W]ith Cyprus . . . the game itself changed. By raiding the depositors’ accounts, a major central bank has gone where they would not previously have dared. The Rubicon has been crossed.”

—Eric Sprott, Shree Kargutkar, “Caveat Depositor

The crossing of the Rubicon into the confiscation of depositor funds was not a one-off emergency measure limited to Cyprus.  Continue reading

It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors by Ellen Brown

by Ellen Brown
Writer, Dandelion Salad
webofdebt.com
March 28, 2013

FDIC sticker, former bank drive up, Casa Grande, AZ

Image by scrappy! via Flickr

Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds.  

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A Safe and a Shotgun or Public Sector Banks? The Battle of Cyprus by Ellen Brown

by Ellen Brown
Writer, Dandelion Salad
webofdebt.com
March 21, 2013

20130316185246

Image by @Popicinio via Flickr

If these worries become really serious, . . . [s]mall savers will take their money out of banks and resort to household safes and a shotgun.

Martin Hutchinson on the attempted EU raid on deposits in Cyprus banks

The deposit confiscation scheme has long been in the making.  US depositors could be next . . . .

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Malta: Case Study In NATO Subversion And Coercion by Rick Rozoff

An enlargeable map of the Republic of Malta

An enlargeable map of the Republic of Malta (Photo credit: Wikipedia)

by Rick Rozoff
Featured Writer
Dandelion Salad
Stop NATO
April 22, 2012

On April 20 the European Affairs spokesman of Malta’s opposition Labour Party, George Vella, demanded the resignation of the government’s permanent representative to the European Union, Richard Cachia Caruana, over the latter’s role in dragging the island nation back into the North Atlantic Treaty Organization’s Partnership for Peace program behind the back of parliament four years ago.

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Cyprus: U.S. To Dominate All Europe, Mediterranean Through NATO by Rick Rozoff

by Rick Rozoff
Featured Writer
Dandelion Salad
Stop NATO
Stop NATO-Opposition to global militarism
March 3, 2011

AHIPAC is active in foreign policy issues affe...

Image via Wikipedia

On February 24 a majority in the Cyprus parliament voted for the country to join the North Atlantic Treaty Organization’s Partnership for Peace program, a transitional mechanism employed to bring twelve Eastern European nations into the U.S.-dominated military bloc from 1999-2009: The Czech Republic, Hungary, Poland, Bulgaria, Estonia, Latvia, Lithuania, Romania, Slovakia, Slovenia, Albania and Croatia. Macedonia would have become a full member of the Alliance in 2009 along with the last two except for the lingering name dispute with Greece.

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Free Gaza Special Edition: In Cyprus, determined to sail to Gaza

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gazafriends
June 27, 2009

Boats still in Cyprus, determined to sail to Gaza.
Video by Adam Shapiro

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Interview with Cynthia McKinney on Gaza

They Denied Us So They Wouldn’t Have to Ram Us!–UPDATED

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