Sunday, March 17, 2013
This is extraordinarily troubling, as it's outright theft of peoples wealth by their government. It's not a tax nor a fee nor a penalty.... as the only crime these citizens did was be frugal and save. Their government is stealing away a substantial part of their savings for no more reason than a mugger robs you in an alley... You have money and he wants it.
Look closely at YOUR bank account... YOUR 401K..... YOUR pension...... and think about them in terms of our own government's out of control and unstoppable spending.
What sane person leaves their money out where a thief can simply walk off with it? Given the actions of one Euro government..... it's clear that money in an account is no different than leaving it on your doorstep to be stolen.
Of course, our government has another avenue. They can just 'create' more dollars, automatically and almost invisibly stealing away the value of money you own.