Originally Posted by Supz (Post 19543987)

I guess when you are hiding money or avoiding taxes. These are the chances that you take.

Originally Posted by Dirty F (Post 19543986)

I think it's insane they can just take your money like that. Totally insane.

Originally Posted by DWB (Post 19544109)

And to think, before this happened anyone who said a bank could and probably would do this if its back was against the wall was called a conspiracy nutter, or an imbecile by you. Funny how that works out.

Originally Posted by slapass (Post 19544196)

When a bank goes under, the deposits are insured to the level of insurance. They kept that promise and saved even more of the deposits so they are even better then the law, We are just used to people constantly doing that. Iceland did this and the UK and Netherlands made it up for their people. Maybe Russia will do the same?

Originally Posted by seeandsee (Post 19544244)

Russia to nuke them for revenge yeah

Originally Posted by seeandsee (Post 19544244)

Russia to nuke them for revenge yeah

Originally Posted by purecane73 (Post 19544216)

These aren't banks going under and these banks don't offer insurance. You think Russia is gonna give its citizens an "IOU" for money that bankers stole???

Originally Posted by sperbonzo (Post 19544294)

The bankers didn't steal it.... Why are you guys blaming the banks?

It is the Government of Cyprus that did it, not the banks. I can't believe you guys don't see this....

.:2 cents:

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Originally Posted by Relentless (Post 19544312)

The banks and the government are run by the same people. That is true in Cyprus and in the US
I can't believe you still don't see that yet...

Originally Posted by sperbonzo (Post 19544361)

I do, and that's why government needs to be scaled back in such a huge way. When we keep on giving government so much power, will always bring us into a situation where government can take your money by force so it can reward it's friends with bailouts, and restrict any competition by increasing regulation to the point where only the big players can deal with it; we will inexorably be taken down this path.

:2 cents:.

Originally Posted by MaDalton (Post 19544434)

Cyprus shows what happens when you have not enough government influence on banks :2 cents:

same like the housing crash in 2008 and a few other examples.

when banks can do whatever they want, they fuck you up the ass with no lube and then pay themselves a bonus

i am surely no hardcore socialist but banks need to be highly regulated - worldwide

Originally Posted by MaDalton (Post 19544434)

Cyprus shows what happens when you have not enough government influence on banks :2 cents:

same like the housing crash in 2008 and a few other examples.

when banks can do whatever they want, they fuck you up the ass with no lube and then pay themselves a bonus

i am surely no hardcore socialist but banks need to be highly regulated - worldwide

Originally Posted by sperbonzo (Post 19544452)

More regulation will simply result in their being only a handful of banks left in the world, no other place to go, and the government being able to utilize those banks to do whatever is politically expedient, while always bailing them out with our money whenever their politically expedient actions go wrong.



.:2 cents:

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Originally Posted by sperbonzo (Post 19544452)

Banks are already the most regulated industry in the world. So what happens? Their friends in government force them to make loans that are too risky in order to make political points and get votes. Then the banks can't handle the risk so the government promises to underwrite it, and bail them out if it goes bad. At the same time, the banks use the government to institute more and more regulations on banking that are designed to keep out any startup competition that might provide more choice and balance in the banking marketplace for the consumers.

More regulation will simply result in their being only a handful of banks left in the world, no other place to go, and the government being able to utilize those banks to do whatever is politically expedient, while always bailing them out with our money whenever their politically expedient actions go wrong.



.:2 cents:

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Originally Posted by slapass (Post 19544196)

Iceland did this and the UK and Netherlands made it up for their people. Maybe Russia will do the same?

Originally Posted by HushMoney (Post 19544486)

You realize that the reason the WORLD WIDE economy collapsed was due to dropping certain regulations on banks right? Saying they should be less regulated is ridiculous. Nothing you say will make it logical.



:2 cents:

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Originally Posted by sperbonzo (Post 19544529)

As someone that works with banks worldwide on a daily basis, I disagree.

You've been sold this bill of goods by a virtual cartel of the biggest banks working with the government regulators, in order to gain the most powerful tool of control that there is..... control of the flow of wealth in the world. We will end up with government controlling every aspect of the flow of wealth in the world, through their partner banks.



.... I guess I shouldn't bother to point this stuff out, since it seems like they have enough people, like yourself, who are convinced of this, that the new controls will all pass with popular acclaim no matter what, and we will all end up with no place to escape government control of our actions.


Enjoy....




.:upsidedow


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Originally Posted by EddyTheDog (Post 19544543)

Russians always seem angry to me. However, they do have a valid reason today....

Originally Posted by HushMoney (Post 19544542)

So you are the person that will set us all straight? Ok, if deregulation didn't cause this mess, please explain to us what did. I'm always happy to learn new things.

Originally Posted by sperbonzo (Post 19544529)

.... I guess I shouldn't bother to point this stuff out, since it seems like they have enough people, like yourself, who are convinced of this, that the new controls will all pass with popular acclaim no matter what, and we will all end up with no place to escape government control of our actions.

.

Originally Posted by BlackCrayon (Post 19544565)

I'd be curous to hear his take as well. wasn't part of the problem banks offering subprime mortgages and then being allowed to sell those mortgages on the market over and over again causing the pyramid to collapse when people were unable to pay for these mortgages after rates had been increased? in canada, where there are basically no subprime mortgages offered, this didn't happen.

Originally Posted by EddyTheDog (Post 19544543)

Russians always seem angry to me. However, they do have a valid reason today....

Originally Posted by purecane73 (Post 19544216)

These aren't banks going under and these banks don't offer insurance. You think Russia is gonna give its citizens an "IOU" for money that bankers stole???

Originally Posted by AllAboutCams (Post 19544581)

I don't think they seem angry

Originally Posted by Bjorn_Tasty1 (Post 19544500)

The Netherlands didn't save money for alle the people. Remember the DSB bank. Everybody who had more money than 100.000 on that bank lost all their money. While the government saved all the other Dutch banks cause those where 'to big to fail". They even helped foreign countries like Iceland, but not their own people. While people got big interest rates on the bank in Iceland and where bad for the Dutch economy, by sending money out of Holland. Even Dutch government organizatios where keeping their money in Iceland (that is peverted, the government weakening their own economy).

4000 people had more than 100.000 on the Dutch DSB bank, including Terror Jaap, famous cause he won 1 million in a Dutch reality TV show by terrorising everybody out of the game "The Golden Cage".

I guess the EU is afraid that the public opinion will be more and more against the EU if countries have to save other countries, but are not saving their own banks. And than the EU will collapse. But what will happen now with Spanish/Portugese/Italian banks? I would be carefull with those banks also. Holland was able to save the Dutch Banks with own money, Spain and Portugal doesn't have those amounts of money and the Dutch people aren't willing to pay for those banks also. And more and more people in the EU think that way.

And don't forgetto , Holland is a tax haven for a lot of international companies. When will we get punishged for that? People say Cyprus is a tax haven, but Holland does the same. The Rolling Stones and U2 are banking in Holland for years, not paying high taxes in their own lands (and Bono keeps playing the nice guy for poor countruies, avoiding tax himself).

Originally Posted by EddyTheDog (Post 19544606)

I have a Russian aunt and masses of cousins - They always sound angry...

I agree with Supz - They do know how to party - Even then they sound angry though - I didn't say they are angry, just to our western ears they often seem to be....

A lot of people from the Middle East always sound angry to me as well - If not angry, then very excited....

Originally Posted by MaDalton (Post 19544434)

Cyprus shows what happens when you have not enough government influence on banks :2 cents:

same like the housing crash in 2008 and a few other examples.

when banks can do whatever they want, they fuck you up the ass with no lube and then pay themselves a bonus

i am surely no hardcore socialist but banks need to be highly regulated - worldwide

Originally Posted by Dirty F (Post 19544190)

Piss off, moron.

Originally Posted by Supz (Post 19543987)

I guess when you are hiding money or avoiding taxes. These are the chances that you take.

Originally Posted by beerptrol (Post 19544496)

Bank in your own country and quit trying to hide money in banks overseas or starting companies overseas to avoid taxes.