If you live on a sleepy little island in the back corner of the Mediterranean Sea, snuggled between Turkey and Lebanon, that is exactly what happened to you.
Yielding to pressure from the IMF (big surprise there) and the EU, the Cypriot government agreed to steal nearly 7% of all Cyprus bank deposits up to 100,000 euro, and almost 10% of all deposits over that amount, and hand it over to the banksters. (gasp! shock!)
Why? Because the government of Cyprus had been arm-twisted into buying Greek bonds as part of one of the many earlier bailout schemes. When Greece defaulted on the bonds, the banksters wanted their money back. Damn the little guy and his hard work and desire to save for some future reward.
The first thing we should all learn from this happy little event over the weekend is that your money is not yours. The second thing is don't put any of 'their' money in 'their' banks. Keep it in your mattress and make them work for it just like you did. I have always found it helpful to keep as much of my liquid assets out of institutions I don't personally control as I can.
It's no small irony that Cyprus has been a major cog in what Joseph Farrell calls "the international bankster class" operations for about as long as the West has history. In his book, Babylon's Banksters, Farrell traces the history of money and banking from the dawn of recorded history up to yesterday. By the last page, you have a pretty good grasp on what just happened in Cyprus and would not be very surprised by it.
What the whole thing comes down to is that the euro, like many of the world's currencies, is private money created by private banks. When they want some of it back, they are well within their theoretical rights to take back their 'property', which they only lent to you and me (at interest, of course). We mere mortals, having agreed to use their property to conduct our daily activities, have wittingly or not agreed to their terms. It's a simple, if rather obscure, contractual arrangement.
What causes me no end of head-slapping is that we mere mortals just don't seem to get it. We act all surprised and shocked when we realize that our 'money' really belongs to someone else and we have just been allowed to use it, like borrowing the neighbor's lawn mower or something. And just like the mower, we have to return it full of gasoline, regardless of what state we received it in (usually empty in this case).
A lot of conspiracy theorists talk about a 'one world currency' and how They are driving us into it. Little do they know that a single global currency would not serve the bankster purposes. Since the beginning of our history, They have fostered incompatible currencies and then sat back and reaped gobs of wealth being the only group that could convert one to another. Actually, if there were a single global currency, it would put a major dent in their operations.
Rather, they want to simplify the math and create two or three (trilateral) currencies, which would need to be traded and converted in the course of commerce, thus paying them a fee on every international transaction. It's little more than a carefully hidden private tax on business dealings.
As Joseph Farrell points out, even in the earliest times, the West used gold bullion, while the East used silver. Thus, the traders in the middle reaped a tidy profit converting the bullion back and forth between hemispheres. And just like Sparta (then) and Libya (now), anyone who didn't play their game got a good ass-whuppin'.
Back to Cyprus. The Cypriots really don't have the right to be angry in strictly legal terms. They consented to use private paper to conduct their business transactions. Furthermore, they didn't raise a fuss when the IMF/EU arm-twisted their government into buying up a bunch of worthless Greek bonds to keep the game afloat a bit longer. Now, when the chips are down and the chickens come home to roost, now they are upset. Sorry Charlie, shoulda seen that one coming.
The only way out would be to follow the Icelandic model and repudiate the debt, sever all ties with the IMF/EU and throw the banksters in jail. One caveat: they had better arm every Cypriot to the teeth and be ready for an invasion. That's the bankster ace in the hole. They always foster a healthy arms trade with belligerent groups and nations in order to have ready 'enforcers' for just those kinds of situations. The one thing Iceland had going for it is that there ain't much there to fight for, other than some ideas.
Cyprus, on the other hand, has always been a key trading post between the Occident and Orient, at least for the past 12,000 years. At one point or another, it has been occupied by northern, eastern, western and southern empires as a key trade route. Cyprus has also served as an important hangout for banksters trading bullion back and forth between their playgrounds. Right now, Cyprus is a key base for launching attacks on Syria, Lebanon and other points of interest to the Zionists. It must remain within the Western hegemony or cause a significant rewriting of Mid East strategy.
I have to laugh at the headlines that claim this is a 'dangerous precedent'. In fact, it is not a precedent at all. The right to private property has long been established at law.
What is worth watching is how the Cypriots react. Most likely, there will be some rioting and hording, but eventually folks will knuckle under or lose food and energy imports. If they continue to stand up against the banksters, then the island will be invaded by more compliant forces...say, the Muslim Brotherhood from Syria. Either way, the banksters seemingly hold the winning hand.
Really, the only way out of this mess is a tripartite attack on the bankster class:
- widespread democritization of hyper-dimensional energy (i.e.-zero-point energy);
- complete and utter rejection of GMO foods; and,
- the issuance of publicly-controlled currency in whatever form.
Short of that, we are all well on our way to the Cypriot model. The banksters have already seized north of $8 trillion in the US, and similar reclamations of private property are running apace worldwide. Cyprus is only the latest and currently most visible example.
The most likely outcome is that people will generally roll over and take it. Why? We've all been trained by religion to wait for some outside force to come in and clean things up for us. This mentality has been carefully fostered by the banksters over centuries to keep us all complacent and docile. In other words, Karl Marx was right on that score.
In the near term, the most likely outcome is that the Cypriots will riot and destroy each other's property, while leaving the banksters' property untouched. You are not likely to see bonfires of euro notes, which is the real problem. Instead, people will lash out at local businesses and homes, destroying the few things with which they really have to fight the real monster.
And so it goes...history repeats and rhymes and no one does anything really constructive to fix things. It is said that we use roughly 10% of our brains' capacity, which happens to be the same amount of money being confiscated by the IMF from the Cypriots. Maybe we are using the wrong 10%.