Thursday, March 21, 2013

Cyprus, "an incredible breach of trust"

HARD EARNED WEALTH

You have to wonder, could it happen here? Could some residents of the 19th ward wake up some morning to find that the federal, state or city government has just levied a 10%, 20% or 40% charge on their bank account or on the equity in their house? What would you do? You do have to wonder. 

15 comments:

  1. Anonymous3/21/2013

    It wont happen here.

    ReplyDelete
  2. Anonymous3/22/2013

    The Obama Administration is using it as a model of things to come here.

    ReplyDelete
  3. Anonymous3/23/2013

    It's already happening here! Every time President Bozo prints new money he devalues what we have. He just can't get it through his coconut that if you earn $1,000 per week, it's really a bad idea to spend $2,000 a week. Perhaps if he had ever had any real job experience or financial qualification he coluld comprehend that truth.

    ReplyDelete
  4. Anonymous3/23/2013

    Obama did get a 3.4% tax on the transfer or real estate to fund that abortion called "Obama Care". The percentage could be a little higher I don't remember exactly. I was shocked because that is a lot of money taken from what is many people's biggest asset

    ReplyDelete
  5. Anonymous3/24/2013

    Absolutely possible. Look up Theresa Gellarducci from Notre Dame. Has proposed confiscating retirement accounts and replacing with a national pension scheme.

    Democrats win back House in 2014, it could happen.

    Will certainly happen when the next Dem president and congress have complete power, 2016 or beyond.

    ReplyDelete
  6. Anonymous3/24/2013

    Well it will happen 6/7 years down the road if we do not fix the pension mess. Hey maybe a good idea to t start a post asking
    19 th wardrers to weigh in on the recent House bill. We likely have more pensioners in the 19th than any other ward and many of the counties.

    ReplyDelete
  7. Anonymous3/24/2013

    Another murder in the hood last night. When is the alderman going to get us more police? Time for new leadership in 19.

    ReplyDelete
    Replies
    1. Anonymous3/27/2013

      Are you referring to the son who stabbed his father to death in their home, despite the fact that the father owned a gun and tried to use it in self-defense? What does this tragic domestic situation have to do with the alderman or the Chicago Police Department?

      Delete
  8. Anonymous3/24/2013

    "It Can't Happen Here"
    Sinclair Lewis

    read it

    ReplyDelete
  9. Anonymous3/24/2013

    Obama might try to do it by executive order. He loves class warfare.

    ReplyDelete
  10. Anonymous3/24/2013

    It alrady has, you just are too blind! The value of your houses went down. The banks were bailed out. Money was mass printed and what wasn't printed was borrowed. Unemployement went up. The value of the dollar went down. The future of our children was mortgaged into oblivion. You too have less unless you are one of priveleged. What hasn't happended here? Don't worry about how we were looted. Just know that we were.

    ReplyDelete
  11. It's already happened, de facto, when malfeasance by banks and irresponsible buyers caused the housing bust, resulting in loss of housing value.

    ReplyDelete
  12. Anonymous3/26/2013

    Cyprus's Finance Minister Michael Sarris said on Tuesday big depositors in Cypriot banks could lose about 40 percent of their deposits as part of a 10-billion euro international rescue plan.

    Read more: http://www.foxbusiness.com/news/2013/03/26/losses-for-big-cypriot-bank-depositors-could-be-around-40-percent-minister/#ixzz2OenMWzaJ

    ReplyDelete
  13. Anonymous3/26/2013

    When stealing homes was not enough, they stole the depositors' money.

    ReplyDelete
  14. Anonymous3/29/2013

    you voted these democrats in and now stew brothers,they will tax you to support the non workers who laugh at you, go to a lot of bars on western and look at the low lifes drinking in there at 10;am and age about 25 to 30 and listen to how they scammed social security for disability SSI,WE HAVE TURNED INTO A RACE OF MALE PUSSIES,,,

    ReplyDelete