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The Confiscation of Savings in Canada? Cyprus-Style “Bail-Ins” Proposed by Ottawa Government
10-09-2013, 08:59 AM #1
KILLUMINATI Made Ya Look!!
Posts:4,764 Threads:1,046 Joined:Jun 2012
I heard about this on C2C and thought it was BS but I guess not. Its too close to home for me.

Quote:The politicians of the western world are coming after your bank accounts. In fact, Cyprus-style “bail-ins” are actually proposed in the new Canadian government budget. When I first heard about this I was quite skeptical, so I went and looked it up for myself. And guess what? It is right there in black and white on pages 144 and 145 of “Economic Action Plan 2013″ which the Harper government has already submitted to the House of Commons.

This new budget actually proposes “to implement a ‘bail-in’ regime for systemically important banks” in Canada. “Economic Action Plan 2013″ was submitted on March 21st, which means that this “bail-in regime” was likely being planned long before the crisis in Cyprus ever erupted. So exactly what in the world is going on here? In addition, as you will see below, it is being reported that the European Parliament will soon be voting on a law which would require that large banks be “bailed in” when they fail. In other words, that new law would make Cyprus-style bank account confiscation the law of the land for the entire EU.

More - http://www.globalresearch.ca/the-confisc...nt/5329263
10-09-2013, 10:17 AM #2
Accidental Stoner Member
Posts:8,924 Threads:71 Joined:Feb 2011
For once, it feels bloody good to not have a whole lot to lose chuckle.gif

Obvious, il Corporativismo globale is obvious.

İmage

Oh, fekk it - they can have all my extra money, if they want.
All 35€ of it.
I never cared much for material things, anyway.

wigglebutt.gif
10-09-2013, 06:31 PM #3
KILLUMINATI Made Ya Look!!
Posts:4,764 Threads:1,046 Joined:Jun 2012
(10-09-2013, 10:17 AM)Accidental Stoner Wrote:  For once, it feels bloody good to not have a whole lot to lose chuckle.gif

Obvious, il Corporativismo globale is obvious.

İmage

Oh, fekk it - they can have all my extra money, if they want.
All 35€ of it.
I never cared much for material things, anyway.

wigglebutt.gif

Are you Canadian?
10-09-2013, 06:43 PM #4
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
Good find.

Biere.
10-09-2013, 06:52 PM #5
KILLUMINATI Made Ya Look!!
Posts:4,764 Threads:1,046 Joined:Jun 2012
(10-09-2013, 06:43 PM)yankees Wrote:  Good find.

This economist was on C2Cam last night and was talking about it.

He is only on for the first hour and w/o the commercials it only like 45 minutes




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