It will hit here. It's funny how some people can't see it. You can ivest in gold, but also invest in a garden.

so..it's the Russians who stoped the riots from Cypriots?

Where is the US in such a critical moment?

Yes, marywhatever, food will be worth more than gold; and, learning how to grow your own food would be the best security, if you plan to stay in the states. Most of the wealthy are investing in land in South America, but for the average person who can't get away, learning proper gardening skills will be a life safer. Pity that we don't pass on gardening, sewing, cooking/preserving and other self-reliance skills to the next generation like we used to.

Our economy is a ponzi scam with the bankster accounting gimmicks and debt as its foundation.

Alan_static, the article I referenced to, convinced me that the American government (governments around the world, too), are indeed running an economic ponzi scheme duping the American people into believing that we are financially safe and secure. Google the website and article "50 reasons to seriously consider becoming a prepper financially or otherwise" because they elaborate on the government's ponzi scheme in giving us a false sense of security; the truth about the federal reserve etc. that will testify to what you stated.

Pigotry

Cyprus is to Russian what The Caymans are to the U.S. We don't need to step into Cyprus, because we have nothing to gain. The Russians, on the other hand, are saving their investment/savings there.

Get the idea?

URL and to post comments: http://dollarvigilante.com/blog/2013/3/20/why-the-banking-system-would-make-lenin-proud.html

Wednesday,March 20, 2013

[Editor's Note: The following post is by TDV researcher,
Justin O'Connell]

“Without
big banks, socialism would be impossible.” – Vladimir Lenin

Socialism is not crafted solely on the backs of standing human
or robotic armies, police, and bureaucracy.

The modern state must also possess an apparatus of big banks,
as Lenin wrote at the onset of the Bolshevik Revolution, for it is banks
which perform most accounting and financial recording. In socialism, banks
must be expanded, made more comprehensive and, in our globalized age, reach
worldwide.

And so naturally, the Obama administration plans to give
all US spy agencies full access to a large database containing the financial
data on US citizens and those who bank in the country, according to a
Treasury Department document dated March 4th.

US financial institutions and any financial institution on
Earth where an Amerikan does his or her banking must already file "suspicious
activity" reports for certain customer transactions (you’re considered
suspicious if you conduct “large money transfers”) to the Treasury’s
Financial Crimes Enforcement Network (FinCEN). Makes sense in the context of
Lenin who championed show trials of rich capitalists from the beginning
of the Soviet experiment simply to make them confess to their greed and the
millions it was costing Russia.

Financial
institutions in the US already file more than 15 million “suspicious
activity" reports every year, according to the Treasury Department. That
is on top of each and every required report on all personal cash transactions
in excess of $10,000.

Moreover, as Reuters points out, the FBI already enjoys full
access to this database. The CIA and NSA must make case-by-case requests for
information to FinCEN.

The Treasury program gives spy agencies more raw financial
data than ever. Calling for an all-out data-sharing orgy, the Treasury
planning document reads, “For these reports to be of value in detecting money
laundering, they must be accessible to law enforcement, counter-terrorism
agencies, financial regulators, and the intelligence community.” So, from
local law enforcement to, possibly, the global intelligence community, your
financial transactions will be monitored.

The USA Patriot Act and Bank Secrecy Act ensure that these
programs are perfectly legal.

The move “raises concerns as to whether people could find
their information in a file as a potential terrorist suspect without having
the appropriate predicate for that and find themselves potentially falsely
accused,” said Sharon Bradford Franklin, senior counsel for the Rule of Law
Program at the Constitution Project, a non-profit watchdog.

So, the more than 25,000 “financial” firms, like banks,
securities dealers, casinos, precious metals dealers, and money and wire
transfer agencies regularly file “suspicious activity reports.” Many of these
firms over-report. Those who run them are sufficiently brainwashed, anxious
and fearful like their wage-slave employees have grown to become. So your
local bank teller might be “dutifully” informing on you for national security
purposes.

This is fasco-communism, comrade. The state doesn't outright
own everything. But it does control everything. And it's watching.

In Lenin’s mind, “Capitalism had created an accounting
apparatus in the shape of banks, syndicates, postal service, consumers’
societies and office employees unions.” He made sure to illustrate the
importance of big banks to Socialism:

“The big banks are the state apparatus which we need to bring
about socialism, and which we take-ready made from capitalism; our task here
is merely to lop off what capitalistically mutilates this excellent apparatus,
to make it even bigger, even more democratic, even more comprehensive…A
single State Bank the biggest of the big, with branches in every rural
district, in every factory, will constitute as much as nine-tenths of the
socialist apparatus. This will be country-wide book-keeping, country-wide
accounting of the production and distribution of goods, this will be, so to
speak, something in the nature of the skeleton of socialist society.”

Now, the US isn’t heading for the same sort of communism seen
in the SU (the US will have the indirect control of business seen in
fascism), although the SU is a great guide for how such a society functions.
With that said, we ought to look as well to characteristics of China’s
commercial communism of the past twenty years or so. Under this system, a
front of banks seemingly compete, but truly cooperate behind-the-scenes, as
if they were Lenin’s “single State Bank” in the name of “worker control.”
(The Russian word, kontrol, implies ‘checking’ and ‘regulation’ and not empowerment.)
What do all these banks have in common, behind their exterior of competition?
Well, for one, they all keep copious records of you. (That's why here at TDV
we urge you to get as much of your financial
business offshore as possible.)

Justin
O’Connell, researcher for The Dollar
Vigilante, studied History and German Language at Linfield College
in McMinnville, Oregon, where, in his spare time, he researched current events
and their relationship to history. In his studies he has found that societies
have been managed by philosophically-kindred ruling classes seeking
persistently a singular, total order across the planet. Justin does not
believe in government as a medium for human relationships, preferring instead
the race of human ideas stemming from a diverse, vibrant culture. Currently,
he is a proponent of physical silver as a means of wealth preservation and
disobedience to the financial system, and lives in southern California. He
writes at the Dollar Vigilante-inspired site, Silver Vigilante.

Russia in talks with Cyprus to take over their sovereignty.

Wait a minute...that is where the U.S. is at.....talking to the Chinese about paying down our debt via "GIVING" the Chinese American soil and natural resources as payment. Idaho would be a good place to start since Salazar has "taken over" much of Idaho for the Federal government.

Now we know why Geithner and H. (Benghazi) Clinton were continuously on trips to China, and why the Progressives want YOUR assault rifles banned.

---------------------------------------------------------------------------------------------------------------------------------

B707320C....."The Russians, on the other hand, are saving their investment/savings there."

Uuuuuuh !! The Russians want Cyprus because they need a port in the area for their WARSHIPS.

The Greeks will most likely sell the Island to the Russians.

Hello folks, thank goodness many people are waking up to our financial reality. Even those with their head in the sand uttering la, la, la, la, la, la, la, if I don’t acknowledge it, it will go away, la, la, la, la, la are finally taking notice.

Cyprus is the canary in the coal mine. The attempt by the banksters Troika of the European Commission (EC), European Central Bank (ECB) and the International Monetary Fund (IMF) are doubling down on their bank robbery of the Cyprus citizens continues. Germany’s Wolfgang Schauble (German Minister of Finance) is warning the spineless government of Nicos Anastasiades that if they don’t cave into their deposit levy fee on bank deposits, government tax, fraudulent embezzlement that the banks will never open. When does banksters’ extortion become outright theft? I think we all know the answer to that question.

The Cyprus government is using fear porn just the same way our government has done in the wake of our economic crash of 2008. We the taxpayer gave the banksters 16 plus trillion bankster bailouts to date which doesn’t even include the 85 billion monopoly money per month being printed to prop up our economy, stock market and banks. We will not get back any of the 1.2 trillion a year that we are currently printing. Meanwhile, do you see a reduction in the bankers bonuses? No, they are breaking salary and bonus records.

The massive bailouts continue with no end in sight. In January the Federal Reserve gave the European Central Bank 1.2 Trillion bailout in monopoly money and another 99 billion in the last week of February. This is a clear indication that all the major banks are linked at the hip. If little ole Cyprus is threatening the EU financial system it is definitely on its last leg.

Now the European citizens are aware that their money is not safe. Should the US be concerned? Your damn right! Anybody with a Rothschild Central Bank is bankrupt and that is a fact! The test balloon that was being floated in Cyprus was a way to keep the banksters system afloat at the expense of the hard working peasantry and to see if the people would allow the theft.

The questions us boiling frogs should be asking is:

(1) how likely are savings to be bailed-in in any future bank rescues;

(2) how likely are savings to emerge as a tax-base for any future wealth taxes?

Who knows but one thing is for certain is we have continued to bail out the “Too Big to Fails and Jails” to our detriment. So if you think the banksters and the governments won’t throw us under the bus to keep the Fractional Reserve Banking fraud going, you haven’t been paying attention to MF Global, PFG and Cyprus.

Folks, we are witnessing the biggest bank robbery in history and the banks are doing the robbing!

WTF. I came hear to read others thoughts on the tension between Iran and Isreal and on cue the usual nit-wits start sniping at President Obama. You hate the prez, yeah we get it, but some of us would like to discuss the issue at hand and not heat your bumper sticker Obama insults. It is so so old and you sound so petty!!

Hello jeff,

You said "nit-wits" "I came hear to read others thoughts on the tension between Iran and Isreal"

This post is on Cyprus refusing the extortion from the European Union. Your welcome to join that discussion!

TL409, that should be a lesson to the states, too, about our reliance on the government to take care of us! The economy is not cracking, because people are lazy-it is slowly being destroyed because of lack of proper management around the globe. Further, our commercial consumption, greed and over indulgence in things that we don't need. The pension, cradle to grave in Europe averages is between 700€-1,300€ per person, depending on which company you worked at, which does not keep up with inflation. Yes, as a whole it ads up, but not for the individual. Also Europeans pay higher taxes than in the states which helps pay into the retirement funds, so they are only getting back what they put in.

Worldof Morons, good question; but, a better question, perhaps, is why we don't hold our house of representatives and senators accountable by making them tax the wealthy. Unfortunately, humans don't make a change until they are motivated by some charismatic president to pave the way and guide us. We must stop waiting for the perfect leader and make a change cohesively as "We the People!" Bombard governors, mayors, senators, congressmen and any other public officials with e-mails, letters, phone calls, petitions etc to force them to listen to the average joe/joette.

Because the people there...unlike here are not stupid Libs they took to the streets to keep the government from stealing their money like the gov does here.

Cheryl Haque, that is an interesting situation. There are so many sneaky devils in the world like Hazem bader; but, what does that have to do with the economic crisis in Cyprus? Americans need to be careful, because we will be in the same situation one day, where our bank accounts will be frozen for the government and ATM machines will be out of money when people storm them or they will systematically be blocked, like Cyprus, where you can't even get to your own money. Don't rely on the the federal reserves bank guarantee that you will get your money in a time of crisis. When people can't get their money there will be deadly chaos unlike in Cyprus where it was relatively civil.

The EU has bailed out at least four countries in the past three years. Portugal, Spain, Italy, and Greece. The biggest contributor to the bailouts has been GERMANY. How long can they be expected to maintain the level of bailouts? One semi decent economy amongst the entire EU.

What happens when everyone is broke, including the countries giving the loans?

Forever, China is buying up the BMW's.

If we charge a higher interest rate we can repay China and use the proceeds to.....................study fat lesbians?

What about the the skinny ones and the fat and skinny gays ?

You mean Cyprus. Though, I understand the confusion.

What do you think is the cause? Is there really even a crisis?