December 7 Is The Unofficial Pan-European Bank Mutiny Day

I just saw this facebook event, this may well get interesting.

"After German blog "All is Smoke and Mirrors" floated an idea of an organized bank run (something attempted previously in the US without much success) in France in response to French austerity protests (which have resulted in no gains), the effort has since expanded to a pan-European organized bank run day on December 7, 2010, and has metastasized to Italy, Germany, the Netherlands, the UK and Greece. We are confident that very soon the rest of Europe, which is currently gripped in a climate of extremely unpopular austerity, will join in this symbolic protest against banking, which unlike the US, may just succeed, considering the European banking system is in total shambles, and in far worse shape than its American counterpart."

Read more:
http://www.zerohedge.com/article/december-7-unofficial-pan-european-bank-mutiny-day

I would like to speak my mind on the subject of banking criminals. But if I would do that sincerely, I would be arrested because of hate speech.

Uitspraak van Ba bam ba bam op dinsdag 2 november 2010 om 17:47:

We are confident that very soon the rest of Europe, which is currently gripped in a climate of extremely unpopular austerity, will join in this symbolic protest against banking, which unlike the US, may just succeed, considering the European banking system is in total shambles, and in far worse shape than its American counterpart."

That is because the Americans are better at white collar crime than we are.

Uitspraak van permanent verbannen op dinsdag 2 november 2010 om 19:42:

That is because the Americans are better at white collar crime than we are

That's true, also Americans fouled world's markets with their speculative bets. Fuck them!

Lolol. Well, i'm both American, AND I work for the financial industry.. BRB, going to count my money..

Uitspraak van AmericanGabber op woensdag 3 november 2010 om 05:14:

Well, i'm both American, AND I work for the financial industry.

Except if you're a big shot board member, you're still a victim of these crimes yourself. Given the fact that you're 23 years old, I'd say the latter would be the case.

The smartest way to subdue people is to make them have the feeling they are part of the group who profits from the system. But in reality most people who defend the system are just victims of it, who have been tricked into believing they are benefiting from it.

Don't think that I'm trying to say you're a stupid cunt, as loads of pretty intelligent people fall for these schemes....

Uitspraak van AmericanGabber op woensdag 3 november 2010 om 05:14:

BRB, going to count my money.

Every time Fed cut the interest rate, US Dollar becomes less attractive.
You can introduce it where it fits.

Are you ready for hyperinflation?
http://www.allvoices.com/contributed-news/7225394-fed-will-buy-600-billion-in-treasury-bonds-in-quantitative-easing-2

Uitspraak van AmericanGabber op woensdag 3 november 2010 om 05:14:

i'm both American

An American gabber 15 years too late.

Uitspraak van permanent verbannen op woensdag 3 november 2010 om 17:41:

still a victim of these crimes yourself

Well, I'm tax exempt first off, as i'm also a part-time student. Secondly, I have 0 debt, and in addition to both of these, I don't use banks or cards to keep my money, I have never trusted them. So, since i'm a victim in your minds eye, explain your logic to me, you've got my attention brudddah! Or am I just a victim because I live within the borders of the disgusting, war-hungry, Capitalist regime of the US of A? Lolol.

Uitspraak van AmericanGabber op donderdag 4 november 2010 om 05:15:

So, since i'm a victim in your minds eye, explain your logic to me

Well, you live in a society ruled by money, and therefore ruled by the banking world. They are one of the biggest causes of inflation and therefore are a large contributing factor to the price you have to pay to keep a certain standard of living.

Uitspraak van AmericanGabber op donderdag 4 november 2010 om 05:15:

Or am I just a victim because I live within the borders of the disgusting, war-hungry, Capitalist regime of the US of A?

Nope. I might be many things , but I'm NOT a tin-foil hatter.

True, it is indeed ruled by money. But, on the same token, is there such a thing as a functioning, successful, main-stream society which ISN'T in one way or another ruled/heavily influenced by cash or material items? There may be, I am definitely not an expert on such matters.. but i've never heard of one.

Knowledge and visiting other cultures is far better than cash IMO, get rid of money and offer that in exchange for services/merchandise, and life would be bliss. Not that it would work out in any way shape or form.. just my fantasy, haha.

Uitspraak van AmericanGabber op donderdag 4 november 2010 om 21:07:

is there such a thing as a functioning, successful, main-stream society which ISN'T in one way or another ruled/heavily influenced by cash or material items?

Money is not the problem. What you say is understandable, but the problem isn't money itself, which is just an official document used as an IOU by people who don't want to carry bags of gold and silver around.

The problem is that the current system (even after reforms resulting from the credit crisis) rewards short-term casino moneymaking, and counteracts the interests of society on the long term.

Why could this get out of hand? Because banks have become too important, and the only purpose of banks is to make more money out of money. Not making more money with production of goods or offering of services, but just money itself.

All a bank really needs to do is to act as a lubricant for the various parts of the economic machine. Yet today the lube has become the main part, the very fuel of the machine, cuz more money is made ont eh stock market than by all people's wages combined, at least in The Netherlands.

And since the value of money has been disconnected from precious metals since the 70's, this just leads to inflation, which everyone suffers from, except the top of the ice berg who profit from this system.

zerohedge is shit... just FYI

Eric Cantona's call for bank protest sparks online campaign
Thousands of French protesters have taken up the former Man United footballer's call for a mass cash withdrawal

http://www.guardian.co.uk/world/2010/nov/20/eric-cantona-bank-protest-campaign

probably a good thing... fuck the banks (and looks like germany is screwing everyone once again).

i'm surprised ireland is going for the bailout. think the people will revolt? higher taxes and lower wages for the citizens, but same low corporate tax rate... how is that fair?

i also just read this article about how they can't even sell apartments in northern ireland for 11,000 euros. yea... i'm sure that bailout is going to help a lot... lol.

http://www.bbc.co.uk/news/uk-northern-ireland-11835825

Uitspraak van verwijderd op donderdag 25 november 2010 om 06:31:

i'm surprised ireland is going for the bailout

Not only Ireland. Other countries, like Portugal, Spain, Italy or even Belgium should going for the bailout shortly.

Uitspraak van Ba bam ba bam op donderdag 25 november 2010 om 18:48:

Spain

I remember at about this point last year you were on top of the world. What happened, buddy? Did your precious Euro take a little... trip? Make a little... fall? Lolol. Fine with me though, Spain is going to be very cheap when I visit.

"They will throw their silver into the streets, and their gold will be an unclean thing.
Their silver and gold will not be able to save them in the day of the Lord's wrath.
They will not satisfy their hunger or fill their stomachs with it, for it has made them stumble into sin."
Ezekiel 7:19

Uitspraak van AmericanGabber op vrijdag 26 november 2010 om 01:34:

I remember at about this point last year you were on top of the world. What happened, buddy? Did your precious Euro take a little... trip? Make a little... fall? Lolol. Fine with me though, Spain is going to be very cheap when I visit.

I can't wait to hear from you about hyperinflation. It will be the destiny of US Dollar for next years.
Fed's quantitative easing 2 is a dangerous game... (n)
Austerity measures are bad for Europe, but hyperinflation will be worse for USA.

Uitspraak van Ba bam ba bam op vrijdag 26 november 2010 om 17:52:

hyperinflation will be worse for USA

not everything is as it seems...

what are you talking about here?

I've noticed that some adverts on lamp posts and trash receptacles have been installed in Spain

Uitspraak van Ba bam ba bam op zondag 28 november 2010 om 15:20:

I've noticed that some adverts on lamp posts and trash receptacles have been installed in Spain

Hmm. So our currency may be hyper-inflated, and yours will cease to exist entirely... Decision decisions.. Anyhow, adverts are great for someone who believes everything that they see or read. Have fun with it, make it a party dude!

Uitspraak van AmericanGabber op zondag 28 november 2010 om 21:42:

So our currency may be hyper-inflated, and yours will cease to exist entirely

indeed, i think all this wikileaks "hate america" stuff will be bullish for the dollar. lol

i bet the hungarians and czechs, etc will be glad they never joined the euro since the ECB is obviously not going to stop printing money in order to save the PIIGS.

Uitspraak van AmericanGabber op zondag 28 november 2010 om 21:42:

adverts are great for someone who believes everything that they see or read. Have fun with it, make it a party dude!

It will not be fun, just tragic. Spain has a high probability to suffer bank run, and become next Argentina.
Spain's unemployment rate hits 20%, and Spain did have a horrific housing burble, so Spanish banks has too many houses that are finished but unsold.

People are tired of politics and banks. If Spanish people contribute to bank run, then banks failures.

U.S.A. did have a horrific housing burble too, but Ben Bernanke has opened the way to quantitative easing, so American people lose and banks win. (n)

how much longer will the people of the EU tolerate Olli Rehn?

in case anyone thought germany was going to bail out europe:
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8160999/EU-rescue-costs-start-to-threaten-Germany-itself.html

As far as i can see, market is doing pretty well today, Paris stock exchange is even growing of 2% this morning. Mutiny day, yeah right