It is in the new Canadian Budget documents to steal your money

It is in the new Canadian Budget documents to steal your money..

Cyprus-Style “Bail-Ins” Are Proposed In The New 2013 Canadian Government Budget!

Michael Snyder
Economic Collapse
March 29, 2013

The politicians of the western world are coming after your bank accounts.  In fact, Cyprus-style “bail-ins” are actually proposed in the new Canadian government budget.  When I first heard about this I was quite skeptical, so I went and looked it up for myself.  And guess what?  It is right there in black and white on pages 144 and 145 of “Economic Action Plan 2013″ which the Harper government has already submitted to the House of Commons.  This new budget actually proposes “to implement a ‘bail-in’ regime for systemically important banks” in Canada.  “Economic Action Plan 2013″ was submitted on March 21st, which means that this “bail-in regime” was likely being planned long before the crisis in Cyprus ever erupted.  So exactly what in the world is going on here?  In addition, as you will see below, it is being reported that the European Parliament will soon be voting on a law which would require that large banks be “bailed in” when they fail.  In other words, that new law would make Cyprus-style bank account confiscation the law of the land for the entire EU.  I can’t even begin to describe how serious all of this is.  From now on, when major banks fail they are going to bail them out by grabbing the money that is in your bank accounts.  This is going to absolutely shatter faith in the banking system and it is actually going to make it far more likely that we will see major bank failures all over the western world. (Read full article)

Download this government budget pdf file and go to lines 144 and 145budget2013-eng.pdf right click to download

Fw: Canadian banks copy Cyprus – steal your money if needed

Scroll down for many other articles…

When are you going to wake up and realize that the insane New World Order is REAL?

They have declared war on humanity. They do not need your money to save the banks.

The banks have always produced any currency they need just by entering any amounts into a computer bank account they want. The banks are not and have never been accountable to the people. Banks have never been audited. Have you ever heard of a bank paying taxes on their profits?

They are going to take all your money to start the martial law and depopulation..That is why all the FEMA camps are now fully staffed and operational.

They wrote and published their plans when they created the U.N. to carry out their world depopulation Agenda 21.. Learn more here. https://atruthsoldier.wordpress.com/u-n-agenda-21/

https://atruthsoldier.wordpress.com/u-n-agenda-21

Please scroll down for more related articles..

Gerald Celente: Cyprus Looting is Only The Beginning for Global Elite .

http://www.youtube.com/watch?v=9fYOl9jVFTw

Published on 19 Mar 2013

Sinclair — Cyprus Disaster Is Much Bigger Thank Being Reported
Sinclair — All Hell Is Breaking Loose After Cyprus Catastrophe
Sinclair: “Well, it should have frightened many of the players involved, and served as a wake-up call. There was a great miscalculation made with regards to Cyprus, and the situation has quickly turned into a catastrophe. There was no real understanding of the entities that were behind the Russian corporations which have money in Cyprus, and the effect of what is in reality the confiscation of Russian ex-KGB money.
The people at the IMF, which have spearheaded this disaster, never expected the ‘Cyprus Solution’ to blow up in their face the way it has….
“This has quickly turned into a PR nightmare because it is not a ‘tax,’ but instead a ‘confiscation.’ They have stolen KGB money in order to meet the liabilities of the banks. Up to this point, bank depositors have been held whole in this most serious Western, and by consequence international financial meltdown…
Sinclair: “If people believe that $13 billion is the total of this bailout, they are out of their minds. $130 billion is not the true total of even the Russian deposits in Cyprus banks. One important Russian businessman, in his various business enterprises, would have $100 billion on deposit himself. 10% of all deposits in Cypress could be $500 billion or more because Cyprus is the banking entity for Russia, not Switzerland or Grand Cayman.
The Central Bank of Cyprus doesn’t even know how big the Russian deposits are because it is held as secret at the behest of the Russians. It is a secret banking system set up for the Russians, by the Russians, and the IMF has just taken a large bite out of that elephant.
Link: Gerald Celente: Cyprus Looting is Only The Beginning for Global Elite .
http://youtu.be/bv-TfBXEOAc
http://www.jsmineset.com/

Cyprus-Style “Bail-Ins” Are Proposed In The New 2013 Canadian Government Budget!

http://theeconomiccollapseblog.com/archives/cyprus-style-bank-account-confiscation-is-in-the-new-canadian-government-budget

Cyprus-Style Bank Account Confiscation Is In The New Canadian Government Budget

The politicians of the western world are coming after your bank accounts.  In fact, Cyprus-style “bail-ins” are actually proposed in the new Canadian government budget.  When I first heard about this I was quite skeptical, so I went and looked it up for myself.  And guess what?  It is right there in black and white on pages 144 and 145 of “Economic Action Plan 2013” which the Harper government has already submitted to the House of Commons.  This new budget actually proposes “to implement a ‘bail-in’ regime for systemically important banks” in Canada.  “Economic Action Plan 2013” was submitted on March 21st, which means that this “bail-in regime” was likely being planned long before the crisis in Cyprus ever erupted.  So exactly what in the world is going on here?  In addition, as you will see below, it is being reported that the European Parliament will soon be voting on a law which would require that large banks be “bailed in” when they fail.  In other words, that new law would make Cyprus-style bank account confiscation the law of the land for the entire EU.  I can’t even begin to describe how serious all of this is.  From now on, when major banks fail they are going to bail them out by grabbing the money that is in your bank accounts.  This is going to absolutely shatter faith in the banking system and it is actually going to make it far more likely that we will see major bank failures all over the western world.

What you are about to see absolutely amazed me when I first saw it.  The Canadian government is actually proposing that what just happened in Cyprus should be used as a blueprint for future bank failures up in Canada.

The following comes from pages 144 and 145 of “Economic Action Plan 2013” which you can find right here.  Apparently the goal is to find a way to rescue “systemically important banks” without the use of taxpayer funds…

Canada’s large banks are a source of strength for the Canadian economy.  Our large banks have become increasingly successful in international markets, creating jobs at home.

The Government also recognizes the need to manage the risks associated with systemically important banks — those banks whose distress or failure could cause a disruption to the financial system and, in turn, negative impacts on the economy.  This requires strong prudential oversight and a robust set of options for resolving these institutions without the use of taxpayer funds, in the unlikely event that one becomes non-viable.

So if taxpayer funds will not be used to bail out the banks, how will it be done?  Well, the Canadian government is actually proposing that a “bail-in” regime be implemented…

The Government proposes to implement a “bail-in” regime for systemically important banks.This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital.  This will reduce risks for taxpayers.  The Government will consult stakeholders on how best to implement a bail-in regime in Canada.  Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants.

So if the banks take extreme risks with their money and lose, “certain bank liabilities” (i.e. deposits) will rapidly be converted into “regulatory capital” and the banks will be saved.

In other words, the banks will just be allowed to grab money directly out of your bank accounts to recapitalize themselves.

That may sound completely and utterly insane to us, but this is how things will now be done all over the western world.

Sometimes a “bail-in” can be done by just converting unsecured debt into equity, but as we just saw in Cyprus, often when there is a major bank failure a lot more money is required to “fix the banks” than can possibly be raised by converting unsecured debt into equity.  That is when it becomes very tempting to dip into uninsured back accounts.

In fact, some European politicians are openly admitting as much.  According to RT, the European Parliament will soon be voting on a new law which will make Cyprus-style bank account confiscation a permanent part of the solution when major banks fail throughout the EU…

A senior lawmaker told Reuters the Cyprus model may not be an isolated case, and is perhaps a future template in dealing with troubled European banks.

The new template is now likely to turn into a full-scale EU law, letting taxpayers off the hook in case a bail-out is needed, but imposing major losses on bigger savers on a permanent basis.

“You need to be able to do the bail-in as well with deposits,” said Gunnar Hokmark, member of European Parliament, who is leading negotiations with EU countries to finalize a law for winding up problem banks, Reuters reported.

“Deposits below 100,000 euros are protected … deposits above 100,000 euros are not protected and shall be treated as part of the capital that can be bailed in,” Hokmark told Reuters, adding that he was confident a majority of his peers in the parliament backed the idea.

The European Commission has written the draft of the law, which now awaits approval from eurozone member states and the parliament on whether and when it can be implemented. It’s been reported, the law is planned to take effect in the beginning of 2015.

Are you starting to understand?

The other day when I said that “The Global Elite Are Very Clearly Telling Us That They Plan To Raid Our Bank Accounts“, I was not exaggerating.

And for those in Cyprus with deposits of over 100,000 euros, the news just keeps getting worse and worse.

When the crisis first erupted, they were told that 10 percent of all deposits over 100,000 euros would be confiscated.

Then a few days later they were told that it would be 40 percent.

Now, according to the Washington Post, those with deposits over 100,000 euros at the second largest bank in Cyprus may lose as much as80 percent of those deposits…

A deal was finally reached in Brussels with other euro countries and the International Monetary Fund early Monday. The country’s second-largest bank, Laiki, is to be split up, with its healthy assets being absorbed into the Bank of Cyprus. Savers with more 100,000 euros ($129,000) in either Bank of Cyprus and Laiki will face big losses. At Laiki, those could reach as much as 80 percent of amounts above the 100,000 insured limit; those at Bank of Cyprus are expected to be much lower.

Sadly, the truth is that those people will be lucky to ever see any of that money ever again.

How would you feel if someone came along and wiped out your life savings so that banks that took incredibly reckless risks could be bailed out?

Needless to say, a lot of people in Cyprus are very, very angry right now.  The following reactions from outraged depositors in Cyprus are from Sky News

“They have stolen our money,” Milton Loucas told Sky News.

“I have been working for 60 years. I am 80 years old. I cannot work again for my living – they have cut the lot.

“Our money, our social insurance – they have cut them. How are we going to live?”

Another Cypriot, Stelios, came out of the bank empty handed.

“I tried to get my February wages and they gave me a piece of paper only,” he said.

“I have two children in the army and they asked for money – I don’t have money to give them.

“The Government didn’t pay anybody. My old parents didn’t get their pension.”

A lot of people have just had their entire lives turned upside down.

But there were some people that were told ahead of the crisis and were able to get their money out in time.

According to the BBC, foreigners pulled a whopping 18 percent of their money out of Cyprus banks during the month of February alone…

Information from the Central Bank of Cyprus released on Thursday showed that foreign depositors had already withdrawn 18% of their cash from the nation’s banks during February, before the current crisis hit home.

So how did they know to pull their money out and who told them?

In addition, branches of the two largest banks in Cyprus were kept open in Moscow and London even after all of the banks in Cyprus itself were shut down.  So wealthy Russians and wealthy Brits have been able to take all of their money out of those banks while the people of Cyprus have been unable to.  It is hard to even find the words to describe how unfair that is.  The following is from a recent article by Mark J. Grant

So let us then turn back to Cyprus and see why the Russians are not quite so upset as they were at the beginning of the crisis. The answer to this question is Uniastrum bank which is headquartered in Moscow. Eighty percent (80%) is owned by the Bank of Cyprus. After the crisis began and right up until the capital controls were implemented the bank wasopen for business with no restrictions upon withdrawals. So the crisis began, was all over the Press and the Russian depositors walked into the local bank and withdrew their money from Uniastrum, the Bank of Cyprus, or had it wired in from the other local Cyprus banks and it was then withdrawn. Problem solved!

At the same time Laiki bank and the Bank of Cyprus had operating branches in London. There were no restrictions there either so people could walk into those banks and withdraw their money as well. No restrictions at all right up until the time of the Capital Controls. In the meantime, in Cyprus, people and institutions could not get at their money so the Russians and many British took out their money, closed their accounts while the people in Cyprus were left high and dry.

The wealthy always seem to come out ahead somehow, don’t they?

Meanwhile, those in Cyprus with deposits under 100,000 euros are now dealing with some very stringent capital controls.  In other words, there are some very tight restrictions on what they can do with their money.  For example, the maximum daily cash withdrawal has been set at 300 euros.  The following are some of the other restrictions that are in force right now

As well as the daily withdrawal limit, Cypriots may not cash cheques.

Payments and/or transfers outside Cyprus via debit and or credit cards are allowed up to 5,000 euros per person per month.

Transactions of 5,000-200,000 euros will be reviewed by a specially established committee, with applications for those over 200,000 euros needing individual approval.

Travellers leaving the country will only be allowed to take 1,000 euros with them.

When the next great wave of the economic collapse strikes, capital controls and bank account confiscation will suddenly become “normal” all over the world.

So get prepared while you still can.

One thing that you can do is make sure that you don’t have all of your eggs in one basket.  The following is what Jim Rogers recently told CNBC

“I, for one, am making sure I don’t have too much money in any one specific bank account anywhere in the world, because now there is a precedent,” he said. “The IMF has said ‘sure, loot the bank accounts’ the EU has said ‘loot the bank accounts’ so you can be sure that other countries when problems come, are going to say, ‘well, it’s condoned by the EU, it’s condoned by the IMF, so let’s do it too.'”

The more places that you have your money, the more difficult it will be for “the powers that be” to loot it.

The global elite are fundamentally changing the game.  From now on, no bank account on earth will ever be able to be considered “100% safe” again.  This is going to create an atmosphere of fear and panic, and no financial system can operate normally when you destroy the confidence that people have in it.

Confidence is a funny thing – it can take decades to build, but it can be destroyed in a single moment.

None of us will ever be able to have confidence in our bank accounts again, and I fear that the next wave of the economic collapse may be closer than I had first anticipated.

Canadian Flag

Cyprus Banks and The End Game is a Huge Crisis-Peter Schiff

http://www.youtube.com/watch?v=knJpAVNlW3Y

Published on 26 Mar 2013

http://usawatchdog.com/why-leave-extra-money-in-a-bank-peter-schiff/

In the wake of the Cyprus banking crisis, Peter Schiff of Euro Pacific Precious Metals says, “There’s no question a crisis is on its way. The end game is a huge crisis.” With that in mind, Schiff says, “Why would you leave any extra money in a bank to get zero percent interest. . . . I think pull your money out, and put it into some kind of investment. . . . anything other than a piece of paper that’s going to lose value.” Join Greg Hunter as he goes One-on-One with money manager Peter Schiff.

Euro Crisis is Just Beginning, Global Collapse is Coming

http://www.youtube.com/watch?v=4VxJQAb5CIo

Published on 25 Mar 2013

The economic collapse that is coming will be global. What we’re seeing in Europe is just the beginning.
Follow us on Facebook:     http://facebook.com/StormCloudsGathering
Follow us on Twitter: http://twitter.com/collapseupdates
Donate: http://StormCloudsGathering.com/donate
Visit our website: http://StormCloudsGathering.com
Get weekly email updates:  http://tinyurl.com/naturalrightsnewsl…

Swiss military preparing for collapse of Euro-zone:
http://www.businessweek.com/articles/…

U.N. wants new global currency:
http://www.telegraph.co.uk/finance/cu…

China’s housing bubble:
http://www2.macleans.ca/2013/03/24/th…

Goldman Sachs and the Greek debt crisis:
http://www.spiegel.de/international/e…

Credit default swaps and how they made the Euro crisis worse:
http://www.huffingtonpost.com/2012/04…

Cyprus accounts to be robbed:
http://www.guardian.co.uk/world/2013/…

http://www.npr.org/templates/story/st…

China calls for new global currency:
http://abcnews.go.com/Business/story?…

European Union, Currency Are Headed for Collapse:
http://www.cnbc.com/id/36961257

EU struggles to keep Eurozone intact, stave off economic collapse:
http://articles.latimes.com/2012/may/…

…The final Warning…”Death Spiral” … World Financial Collapse coming Soon.

http://www.youtube.com/watch?v=Ca68wURRVPw

Published on 26 Mar 2013

A Final Warning…” A DEATH SPIRAL THAT COULD END CIVILIZATION AS WE KNOW IT “……The world stands on the very edge of total economic and financial Armageddon…What if anything can we do?….Here is the view of ex world Bank economist Richard Duncan …and the news is VERY bad indeed….This is EXACTLY what i have been trying to tell people for well over two years now…You can’t say i did not try to warn anybody…It is as much your fault (and mine) if we LET THEM DO THIS!!…It could be too late already people..This will be my last warning on this subject…If you ain’t got it by now then i wish you luck cos you are really gonna need some…We are cutting it very fine indeed if we are to stop this now….FOR MORE INFO CHECK THIS PLAYLIST – World Financial Collapse http://www.youtube.com/playlist?list=… .. FAIR USE-
“Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Original video footage from RT NEWS.

Shocking: Elite Collapse Plan REVEALED

http://www.youtube.com/watch?v=h3EemCRxWo0

Published on 19 Mar 2013

SUBSCRIBE TODAY FOR Regular Killer Content Video UPDATES http://www.youtube.com/subscription_c…

Fabian4Liberty ► http://www.fabian4liberty.com/
YouTube ► https://www.youtube.com/user/Fabian4L…
Facebook ► https://www.facebook.com/Fabian4Liberty
Twitter ► https://www.twitter.com/#!/Fabian4Lib…
The Note House ► http://www.thenotehouse.us
The Resourceful Real Estate Academy ► http://www.resourcefulrealestateacade…

Thanks for watching

U.S. Government Preparing for Collapse (and Not in a Nice Way)

http://www.youtube.com/watch?v=MkAn3VIe1yQ

Published on 13 Mar 2013

The Economy isn’t going to recover. The government knows this and is getting ready, but in ways that are very disturbing.
Follow us on Facebook: http://facebook.com/StormCloudsGathering
Follow us on Twitter: http://twitter.com/collapseupdates
Donate: http://StormCloudsGathering.com/donate
Visit our website: http://StormCloudsGathering.com
Get weekly email updates: http://tinyurl.com/naturalrightsnewsl…

One of the massive purchase orders for hollow points and buckshot:
https://www.dropbox.com/sh/jvs3ajoz5s…

Unfunded liabilities
http://online.wsj.com/article/SB10001…

Leaked Document: Government setting up military detention centers for Activists: http://www.youtube.com/watch?v=FfkZ1y…

The document itself: https://www.dropbox.com/sh/jvs3ajoz5s…

http://www.theatlantic.com/business/a…

Why a dollar and Euro Collapse is Guaranteed: http://stormcloudsgathering.com/why-d…

——————————————————————————–

Saturday, March 30, 2013 1:18 PM  To: undisclosed-recipients
——-Original Message——-
From: JVJ
Date: 29/03/2013 10:45:38 AM
A friend of mine just sent this to his MP I think we should do the same-YOU tell me if this is right-your mp & mpp knows about this and they wont tell us—Now that is HONESTY isnt it? ——To: michael chong MP
Sent: Friday, March 29, 2013 10:16 AM
Subject: Canadian banks copy Cyprus – steal your money if needed

Cyprus-Style Bank Acct Confiscation Is In The New ’13 Canadian Gov’t Budget!

And more….from another list member….

This is very important information for those that have and ear to listen.

What happened is Cyprus is just the first act in what will become a domino effect in time.

When?? I don’t know.

Yes Cyprus was a kind of Swiss Bank for some, but depositors wealthy or not lost out.

Ever heard of a depositor hair-cut???

If you would like to read the recent budget put out by the Canadian Government check it out.

Page 154/155 of the 2013 Budget....www.budget.gc.ca/2013/doc/plan/budget2013-eng.pdf 

budget2013-eng.pdf RIGHT CLICK SAVE AS..

The Government proposes to implement a ―bail-in regime for

systemically important banks.

This regime will be designed to ensure that,

in the unlikely event that a systemically important bank depletes its

capital, the bank can be recapitalized and returned to viability through the

very rapid conversion of certain bank liabilities into regulatory capital

I have looked into this and have discovered some European Banks have put this “idea” on the table. I also discovered New Zealand and the US are going in this direction as well.

I’m sure if I keep digging banks all over the world will take the bail in idea.

So what does it mean??…..It means if the “too big to fail” – fail- depositors will pick up the tab.

They say it will spare the tax payers (government) from bailing out banks—-

SO ARE DEPOSITORS NOT TAX PAYERS? (Talk about baffling with Bull -S%$#)

Just call it a bank holiday or “A Wonderful life”.

If you recall from the movie “A Wonderful life”- Mr. Potter saved his bank by giving his depositors  0.50 on the dollar. (This was the start of the Great Depression).

This is a heads up.  How safe are RRSP’s or other savings???

Funny I don’t recall hearing this on the news during the Budget Reading.

I guess we know what they were discussing at the last Bilderberg meeting……….

Some links….

1.  CONTAGION! Depositor Haircut Bail-Ins Spread to New Zealand, Gov’t Discussing Cyprus Style Solution for Bank Failure!

2.  Bernanke States Cyprus Style Depositor Haircuts Possible in US if Events in Europe Become Contagious!

3.  Europe Does It Again: Cyprus Depositor Haircut “Bailout” Turns Into Saver “Panic”, Bank Runs, Broken ATMs

READERS COMMENTS

Bank of Cyprus big savers to lose up to 60%

http://www.cbc.ca/news/world/story/2013/03/30/cyprus-bank-deposits.html

Tommy UsuryFree Kennedy
A concept to be aware of – as we progress into this 21st Century. You could become a leader in this movement that recommends using a usuryfree digital currency. “Numbercoin” – might be the one – it is much preferred to “Bitcoin.”
The Unidigi Network – With Its Own UsuryFree Monetary System:
http://usuryfree.blogspot.ca/2013/03/the-unidigi-network-with-its-own.html

http://www.theeverythingpages.org/ Free E.books downloads

Conquering Humanity: Easy as 1-2-3

http://www.theeverythingpages.org/blog/

DivideDistractDeceive

Are you prepared to “make a difference” during this “Year of UsuryFree Living” and in the future?
Permit me to introduce readers to “The UniDigi Network“. I encourage everyone to enrol for FREE – (or make a contribution of $25.00 (or more) if you have access to some usury-bearing debt money) and then invite others to multiply and duplicate your leadership.
If so, please commit to doing some (homework) research and reading and re-reading of this critical information posted at the links listed below.
Start by going to: http://www.OneBigJob.com
2. Download and read and re-read the two FREE e-books: http://www.onebigjob.com/theeverythingpages.htmNOTE: A Few Words About The Two e-Books:

“What concerted lie could be so big we can’t believe it exists? Well, this author just released two ground breaking FREE books on the subject totaling over 500 pages & J. Edgar Hoover wasn’t kidding. But 500 pages is a lot and handing out 300 million books is ludicrous, hence what you have in front of you now, THE MOST EYE OPENING 2 PAGES OF TEXT EVER WRITTEN! Everything herein is FACTUAL, no theories or guess work, it’s all the ABSOLUTE TRUTH. Trust a stranger, 1 last time during this short read for I AM YOUR BROTHER AND WILL NOT FAIL YOU! If anything sounds hard to believe, REFER TO HOOVERS’ QUOTE AND DO YOUR OWN FACT CHECKING. It is OUR DUTY & RESPONSIBILITY to be knowledgeable and to keep our republic free. There is no excuse for not seeking the TRUTH! That said, are you ready to learn some of the largest, most important secrets of your existence? OK, enjoy the unforgettable moments of truth in the “Everything PAGE.”
 3. Become familiar with “Number University” at these links: http://www.onebigjob.com/thenumberuniversity.htm  &  http://www.numberu.com
5. Learn about the “Unified Numbering Foundation“: http://www.onebigjob.com/theunifiednumberingfoundation.htm
6. Learn about “The Unidigi Network“: http://www.onebigjob.com/unidigi.htm
7. Know about and be prepared to use The Tool Kit to re-educate others who are ready and willing to be re-educated: http://www.onebigjob.com/the_tool_kit.htm
8. Take action NOW – http://www.onebigjob.com/outbank.htm – Learn about “The Outbank” – The People’s Repository“. Lots more information at this website: http://www.outbank.com
After your homework assignment is completed, then go to http://www.unidigi.com and sign up for FREE and receive #25 in the new digital currency of “number coin.” You have the option of making a minimum contribution of $25.00 (US Funds) and receiving #250,000. Otherwise, if you make a larger contribution, then simply multiply your contribution by 10,000 to calculate the amount of “number coin” you will receive in your account.More details about “The Outbank’s new digital currency called ‘numbercoin’ in this article “Want To Beat Them? OutBank ’em!”

You will be sent a Temporary User Number and a Temporary Password by email. After you log in you will have an opportunity to create a permanent User Number and Password.
NOTE: My Permanent NumberName is “usuryfree” – so please insert “usuryfree‘ when you are asked who is your referrer.Usuryfree creatives – everywhere, please find the time (a) to visit the website: http://www.onebigjob.com and (b) to read the 2 e-books and (c) to join http://www/unidigi.com with myself (usuryfree) as your referrer.NOTE: Become familiar with “Bitcoin” and understand why “NumberCoin” is superior by reading Anthony Michgels’ article titled “Bitcoin, Blessing or a Trap?” and his related articles “Baffling Bitcoin” and “Bitcoin, Impressive But Flawed.”
———————————————————————————-

Canadian Deposits As Safe As Cypriot Deposits

http://www.activistpost.com/2013/04/canadian-deposits-as-safe-as-cypriot.html

Jeff Berwick
Activist Post

Rest easy, Canadians, for your bank accounts are going to be made as safe as those bank accounts in Cyprus. Just take a look at the Canadian government’s budget plan for 2013, particularly pages 144 and 145 of Economic Action Plan 2013. There the Canadian government promises to use Canadian deposits to save “systematically important” banks (emphasis ours).

The Government proposes to implement a “bail-in” regime for systemically important banks.This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail-in regime in Canada. Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants.

Those bank liabilities that will be allowed to be converted into regulatory capital? Those include customer accounts. Apparently bailing “out” banks with tax money is too 2012. Now bail “ins” with customer money are all the rage.

When a bank deemed “systematically important” finds itself in trouble, taxpayers won’t be on the hook to provide the funds to rescue the bank from its bad decisions. Instead the bank will get to look inward, toward its own customers and the funds in their accounts. The Cypriot model is catching on.The report says “in the unlikely event” that one of the banks becomes “non-viable.” How do you think not having to worry about losses will affect the bankers’ attitude toward risk, however? We’d say that this government-guaranteed ability to raid deposits will make the banks act more recklessly and also guarantee that the deposits will raided. The big banks in Canada will get to take on enormous risks in pursuit of greater profits for themselves without having to worry about their losses. After all, any losses will now be covered by the bank customers money that they put in their with the crazy notion that it would be safe from theft.Before you chuckle at the silly Canucks who thought they’d be safe, ask yourself if your bank account is really safe too. Because this legal right for the banks to steal deposits is becoming the new normal all across the Western World. It’s well on its way to becoming the law in Europe as early as 2015. The European Commission has already written a draft of the law which will protect deposits under 100,000 euros, but which will treat deposits over that amount as capital that can be “bailed in”, i.e. stolen to make up losses.Personally, I cannot understand how anyone in Canada, the US or anywhere in the Western World could think even for a second that their money is safe in a bank, especially these days as The End Of The Monetary System As We Know It (TEOTMSAWKI) is forcing the governments and banks to show their true colors and just outright take people’s money. They aren’t even bothering to hide their larceny with inflation or borrowing anymore. The banks are the first line in the government-corporate offensive against individuals. Keeping your money in the bank at this point is like giving the keys to your house to a family of kleptomaniacs with pyromaniac tendencies. Don’t be surprised if all your stuff ends up getting swiped and your house is burned to ground.Also, due to recent legislative reform, Canadian securities held by those with domicile in Canada can no longer be traded in accounts held in other parts of the world. Non-Canadian banks have been sending letters to their Canadian customers to inform them that they must sell or transfer any Canadian securities held in their accounts by an April 5 deadline. Canadians can’t even transact with an offshore broker who isn’t registered in their specific PROVINCE. Even US slaves are a bit freer in this regard as they only have to file with the SEC. Of course, the best of all worlds is to unslave yourself entirely by getting a passport in a freer country so you can let go of your US or Canadian slave card. The barriers for doing business outside their nation-state’s borders will only increase for Americans and Canadians.We believe that there will be a lot more slaves from the Western World fleeing out of their currencies into Bitcoin. Europeans, particularly the Spanish, are leading the way, but Americans and Canadians will be forced to start running too.You can also be part of the vanguard who is using technology to avoid the government-banking-fiat currency system altogether by switching from fiat currency accounts to the decentralized digital currency realm with Bitcoin. If you must have a bank account, don’t keep it in one of the kleptomaniac banks of the Western World. Instead get the account in a safer, less indebted country.See how TDV can help you with offshore banking options here.Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

The Confiscation of Bank Savings to “Save the Banks”: The Diabolical Bank “Bail-In” Proposal

Is the Cyprus Bank “Bail-in” a “dress rehearsal” for things to come?

Is a “Savings Heist” in the European Union and North America envisaged which could result in the outright confiscation of bank deposits?

In Cyprus, the entire payments system has been disrupted leading to the demise of the real economy.

Pensions and wages are no longer paid. Purchasing power has collapsed.

The population is impoverished.

Small and medium sized enterprises are spearheaded into bankruptcy.

Cyprus is a country with a population of one million.

What would happen if similar ‘hair cut” procedures were to be applied in the U.S. or the European Union?

According to the Washington based Institute of International Finance (IIF) (right) which represents the consensus of the global financial establishment, “the Cyprus approach of hitting depositors and creditors when banks fail, would likely become a model for dealing with collapses elsewhere in Europe.” (Economic Times, March 27, 2013).

It should be understood that prior to the Cyprus onslaught, the confiscation of bank deposits had been contemplated in several countries. Moreover, the powerful financial actors who triggered the bank crisis in Cyprus, are also the architects of the socially devastating austerity measures imposed in the European Union and North America.

Does Cyprus constitute a “model” or scenario?

Are there “lessons to be learned” by these powerful financial actors, to be applied elsewhere, at some later stage, in the Eurozone’s banking landscape?

According to the Institute of International Finance (IIF), “hitting depositors” could become the “new normal” of this diabolical project, serving the interests of the global financial conglomerates.

This new normal is endorsed by the IMF and the European Central Bank. According to the IIF which constitutes the banking elites mouthpiece, “Investors would be well advised to see the outcome of Cyprus… as a reflection of how future stresses will be handled.” (quoted in Economic Times, March 27, 2013)

“Financial Cleansing”. Bail-ins in the US and Britain

What is at stake is a process of “financial cleansing” whereby the “too big to fail banks” in Europe and North America (e.g. Citi, JPMorgan Chase, Goldman Sachs, et al ) displace and destroy lesser financial institutions, with a view to eventually taking over the entire “banking landscape”.

The underlying tendency at the national and global levels is towards the centralization and concentration of bank power, while leading to the dramatic slump of the real economy.

Bail ins have been envisaged in numerous countries. In New Zealand a “haircut plan” was envisaged as early as 1997 coinciding with Asian financial crisis.

There are provisions in both the UK and the US pertaining to the confiscation of bank deposits. In a joint document of the Federal Deposit Insurance Corporation (FDIC) and the Bank of England, entitled Resolving Globally Active, Systemically Important, Financial Institutions, explicit procedures were put forth whereby “the original creditors of the failed company “, meaning the depositors of a failed bank, would be converted into “equity”. (See Ellen Brown, It Can Happen Here: The Bank Confiscation Scheme for US and UK Depositors,Global Research, March 2013)

What this means is that the money confiscated from bank accounts would be used to meet the failed bank’s financial obligations. In return, the holders of the confiscated bank deposits would become stockholders in a failed financial institution on the verge of bankruptcy.

Bank savings would be transformed overnight into an illusive concept of capital ownership. The confiscation of savings would be adopted under the disguise of a bogus “compensation” in terms of equity.

What is envisaged is the application of a selective process of confiscation of bank deposits, with a view to collecting debt while also triggering the demise of “weaker” financial institutions. In the US, the procedure would bypass the provisions of the Federal Deposit Insurance Corporation (FDIC) which insures deposit holders against bank failures:

No exception is indicated for “insured deposits” in the U.S., meaning those under $250,000, the deposits we thought were protected by FDIC insurance. This can hardly be an oversight, since it is the FDIC that is issuing the directive. The FDIC is an insurance company funded by premiums paid by private banks. The directive is called a “resolution process,” defined elsewhere as a plan that “would be triggered in the event of the failure of an insurer . . . .” The only mention of “insured deposits” is in connection with existing UK legislation, which the FDIC-BOE directive goes on to say is inadequate, implying that it needs to be modified or overridden. (Ibid)

Because depositors are provided with a bogus compensation, they are not eligible to the FDIC deposit insurance.

Canada’s Deposit Confiscation Proposal

The most candid statement of confiscation of bank deposits as a means to “saving the banks” is formulated in a recently released document of the Canadian government entitled “Jobs, Growth and Long Term Prosperity: Economic Action Plan 2013″.

The latter was submitted to the House of Commons by Canada’s Minister of Finance Jim Flaherty on March 21 as part of a so-called “pre-budget” proposal.

A short section of the 400 report entitled “Risk Management Framework for Domestic Systemically Important Banks” identifies bail-in procedure for Canada’s chartered banks. The word confiscation is not mentioned. Financial jargon serves to obfuscate the real intent which essentially consists in stealing people’s savings.

Under the Canadian “Risk Management” project:

The Government proposes to implement a ‘bail-in’ regime for systemically important banks.

This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital.

This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail-in regime in Canada.

What this signifies is that if one or more banks (or credit unions) were obliged to “systemically deplete their capital” to meet the demands of their creditors, the banks would be recapitalized through “the conversion of certain bank liabilities into regulatory capital.”

The “certain bank liabilities” pertains (in technical jargon) to the money they owe their customers, namely to their depositors, whose bank accounts would be confiscated in exchange for shares (equity) in a “failing” banking institution.

“This will reduce risks for taxpayers” is a nonsensical statement. What this really means is that the government will not provide funding to compensate depositors who are victims of a failed banking institution, nor will it come to rescue of the failed institution.

Instead the depositors will be obliged to give up their savings. The money confiscated will then be used by the bank to meet their liabilities contracted with major financial creditor institutions. In other words, this entire scheme is “a safety net” for too big to fail banks, a mechanism which enables them as creditors to overshadow lesser banking institutions including credit unions, while precipitating either their collapse or their takeover.

Canada’s Financial Landscape

The Risk Management Bail in initiative is of crucial significance for Canadians across the land: once it is adopted by the House of Commons as part of the budget package, the Bail-in procedures could be applied.

The Conservative government has a parliamentary majority. There is a good likelihood that the Economic Action Plan 2013″ which includes the Bail-in procedure will be adopted.

While Canada’s Risk Management Framework intimates that Canada’s banks “are at risk”, particularly those which have accumulated large debts (as a result of derivative losses), a generalised across the board application of the “Bail in” is not contemplated.

The likely scenario in the foreseeable future is that Canada’s “big five” banks, Royal Bank of Canada, TD Canada Trust, Scotiabank, Bank of Montreal and CIBC (all of which have powerful affiliates operating in the US financial landscape) will consolidate their position at the expense of lesser (provincial level) banks and financial institutions.

The Government document intimates that the Bail-in could be used selectively “in the unlikely event that one [bank] becomes non-viable.” What this suggests is that at least one or more of Canada’s “lesser banks” could be the object of a bail-in. Such a procedure would inevitably lead to a greater concentration of bank capital in Canada, to the benefit of the larger financial conglomerates.

Displacement of Provincial Level Credit Unions and Cooperative Banks

There is an important network of over 300 provincial level credit unions and cooperative banks including the powerful Desjardins network in Quebec, the Vancouver City Savings Credit Union (Vancity) and the Coastal Capital Savings in British Columbia, Servus in Alberta, Meridian in Ontario, the caisses populaires in Ontario (affiliated to Desjardins), among many others, which could be the target of selective “Bail-in” operations.

In this context, what is likely to occur is a significant weakening of provincial level cooperative financial institutions, which have a governance relationship to their members (including representative councils) and which, in the present context, offer an alternative to the Big Five chartered banks. According to recent data, there are more than 300 credit unions and caisses populaires in Canada which are members of the “Credit Union Central of Canada”.

New Normal: International Standards Governing the Confiscation of Bank Deposits

Canada’s Economic Action Plan 2013″ acknowledges that the proposed Bail-in framework “will be consistent with reforms in other countries and key international standards”. Namely, the proposed pattern of confiscating bank deposits as described in the Canadian government document is consistent with the model contemplated in the US and the European Union. This model is currently a “talking point” (behind closed doors) at various international venues regrouping central bank governors and finance ministers.

The regulatory agency involved in these multilateral consultations is the Financial Stability Board (FSB) based in Basel, Switzerland and hosted by the Bank for International Settlements (BIS) (image right). The FSB happens to be chaired by the governor of the Bank of Canada, Mark Carney, who was recently appointed by the British government to head the Bank of England starting in June 2013.

Mark Carney, as Governor of the Bank of Canada, was instrumental in shaping the provisions of the Bail-in for Canada’s chartered banks. Before his career in central banking, he was a senior executive at Goldman Sachs, which has played a behind the scenes role in the implementation of the bank bailouts and austerity measures in the EU.

The FSB’s mandate would be to coordinate the bail-in procedures, in liaison with the “national financial authorities” and “international standard setting bodies” which include the IMF and the BIS. It should come as no surprise: the deposit confiscation procedures in the UK, the US and Canada examined above are remarkably similar.

Bank “Bail-ins” vs. Bank “Bail-outs”

The bailouts are “rescue packages” whereby the government allocates a significant portion of State revenues in favor of failed financial institutions. The money is channeled from the coffers of the State to the banking conglomerates.

In the US in 2008-2009, a total of $1.45 trillion was channeled to Wall Street financial institutions as part of the Bush and Obama rescue packages.

These bailouts were considered as a De facto government expenditure category. They required the implementation of austerity measures. Together with massive hikes in military expenditure, the bailouts were financed through drastic cuts in social programs including Medicare, Medicaid and Social Security.

In contrast to the Bailout, which is funded from the public purse, the “Bail-in” requires the (in-house) confiscation of bank deposits. The bail-ins are implemented without the use of public funds. The regulatory mechanism is established by the central bank.

At the outset of Obama’s first term in January 2009, a bank bailout of the order of $750 billion was announced by Obama, which was added on to the 700 billion dollar bailout money allocated by the outgoing Bush administration under the Troubled Assets Relief Program (TARP).

The total of both programs was a staggering 1.45 trillion dollars to be financed by the US Treasury. (It should be understood that the actual amount of cash financial “aid” to the banks was significantly larger than $1.45 trillion. In addition to this amount defence allocations to fund Obama’s war economy (FY 2010) was a staggering $739 billion. Namely the bank bailouts plus defence combined ($2189 billion) eat up almost the totality of the federal revenues which in FY 2010 amounted to $2381 billion.

Concluding remarks

What is occurring is that the bank bailouts are no longer functional. At the outset of Obama’s Second term, the coffers of the state are empty. The austerity measures have reached a deadlock.

The bank bail-ins are now being contemplated instead of the “bank bailouts”.

The lower and middle income groups which are invariably indebted will not be the main target. The appropriation of bank deposits would essentially target the upper middle and upper income groups which have significant bank deposits. The second target will be the bank accounts of small and medium sized firms.

This transition is part of the evolution of the global economic crisis and the impasse underlying the application of the austerity measures.

The purpose of the global financial actors is to wipe out competitors, consolidate and centralize bank power and exert an overriding control over the real economy, the institutions of government and the military.

Even if the bail-ins were to be regulated and applied selectively to a limited number of failing financial institutions, credit unions, etc, the announcement of a program of confiscation of deposits could potentially lead to a generalized “run on the banks”. In this context, no banking institution would be regarded as safe.

The application of Bail-in procedures involving deposit confiscation (even when applied locally or selectively) would create financial havoc. It would interrupt the payments process. Wages would no longer be paid. Purchasing power would collapse. Money for investment in plant and equipment would no longer be forthcoming. Small and medium sized businesses would be precipitated into bankruptcy.

The application of a Bail-In in the EU or North America would initiate a new phase of the global financial crisis, a deepening of the economic depression, a greater centralization of banking and finance, increased concentration of corporate power in the real economy to the detriment of regional and local level enterprises.

In turn, an entire global banking network characterized by electronic transactions (which govern deposits, withdrawals, etc), –not to mention money transactions on the stock and commodity markets– could potentially be the object of significant disruptions of a systemic nature.

The social consequences would be devastating. The real economy would plummet as a result of the collapse in the payments system.

The potential disruptions in the functioning of an integrated global monetary system could result in a a renewed global economic meltdown as well as a drop off in international commodity trade.

It is important that people across the land, in the European Union and North America, nationally and internationally, forcefully act against the diabolical ploys of their governments –acting on behalf of dominant financial interests– to implement a selective process of bank deposit confiscation.

Source: Global Research

The Confiscation of Savings in Canada? Cyprus-Style “Bail-Ins” Proposed by Ottawa Government

http://www.globalresearch.ca/the-confiscation-of-savings-in-canada-cyprus-style-bail-ins-proposed-by-ottawa-government/5329263

steal

The politicians of the western world are coming after your bank accounts. In fact, Cyprus-style “bail-ins” are actually proposed in the new Canadian government budget. When I first heard about this I was quite skeptical, so I went and looked it up for myself. And guess what? It is right there in black and white onpages 144 and 145 of “Economic Action Plan 2013″ which the Harper government has already submitted to the House of Commons.

This new budget actually proposes “to implement a ‘bail-in’ regime for systemically important banks” in Canada. “Economic Action Plan 2013″ was submitted on March 21st, which means that this “bail-in regime” was likely being planned long before the crisis in Cyprus ever erupted. So exactly what in the world is going on here? In addition, as you will see below, it is being reported that the European Parliament will soon be voting on a law which would require that large banks be “bailed in” when they fail. In other words, that new law would make Cyprus-style bank account confiscation the law of the land for the entire EU.

I can’t even begin to describe how serious all of this is. From now on, when major banks fail they are going to bail them out by grabbing the money that is in your bank accounts. This is going to absolutely shatter faith in the banking system and it is actually going to make it far more likely that we will see major bank failures all over the western world.

What you are about to see absolutely amazed me when I first saw it. The Canadian government is actually proposing that what just happened in Cyprus should be used as a blueprint for future bank failures up in Canada.

The following comes from pages 144 and 145 of “Economic Action Plan 2013″ which you can find right here. Apparently the goal is to find a way to rescue “systemically important banks” without the use of taxpayer funds…

Canada’s large banks are a source of strength for the Canadian economy. Our large banks have become increasingly successful in international markets, creating jobs at home.

The Government also recognizes the need to manage the risks associated with systemically important banks — those banks whose distress or failure could cause a disruption to the financial system and, in turn, negative impacts on the economy. This requires strong prudential oversight and a robust set of options for resolving these institutions without the use of taxpayer funds, in the unlikely event that one becomes non-viable.

So if taxpayer funds will not be used to bail out the banks, how will it be done? Well, the Canadian government is actually proposing that a “bail-in” regime be implemented…

The Government proposes to implement a “bail-in” regime for systemically important banks. This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail-in regime in Canada. Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants.

So if the banks take extreme risks with their money and lose, “certain bank liabilities” (i.e. deposits) will rapidly be converted into “regulatory capital” and the banks will be saved.

Cyprus-Style Bank Account Confiscation Is In The New Canadian Government Budget

In other words, the banks will just be allowed to grab money directly out of your bank accounts to recapitalize themselves.

That may sound completely and utterly insane to us, but this is how things will now be done all over the western world.

Sometimes a “bail-in” can be done by just converting unsecured debt into equity, but as we just saw in Cyprus, often when there is a major bank failure a lot more money is required to “fix the banks” than can possibly be raised by converting unsecured debt into equity. That is when it becomes very tempting to dip into uninsured back accounts.

In fact, some European politicians are openly admitting as much. According to RT, the European Parliament will soon be voting on a new law which will make Cyprus-style bank account confiscation a permanent part of the solution when major banks fail throughout the EU…

A senior lawmaker told Reuters the Cyprus model may not be an isolated case, and is perhaps a future template in dealing with troubled European banks.

The new template is now likely to turn into a full-scale EU law, letting taxpayers off the hook in case a bail-out is needed, but imposing major losses on bigger savers on a permanent basis.

“You need to be able to do the bail-in as well with deposits,” said Gunnar Hokmark, member of European Parliament, who is leading negotiations with EU countries to finalize a law for winding up problem banks, Reuters reported.

“Deposits below 100,000 euros are protected … deposits above 100,000 euros are not protected and shall be treated as part of the capital that can be bailed in,”Hokmark told Reuters, adding that he was confident a majority of his peers in the parliament backed the idea.

The European Commission has written the draft of the law, which now awaits approval from eurozone member states and the parliament on whether and when it can be implemented. It’s been reported, the law is planned to take effect in the beginning of 2015.

Are you starting to understand?

The other day when I said that “The Global Elite Are Very Clearly Telling Us That They Plan To Raid Our Bank Accounts“, I was not exaggerating.

And for those in Cyprus with deposits of over 100,000 euros, the news just keeps getting worse and worse.

When the crisis first erupted, they were told that 10 percent of all deposits over 100,000 euros would be confiscated.

Then a few days later they were told that it would be 40 percent.

Now, according to the Washington Post, those with deposits over 100,000 euros at the second largest bank in Cyprus may lose as much as 80 percent of those deposits…

A deal was finally reached in Brussels with other euro countries and the International Monetary Fund early Monday. The country’s second-largest bank, Laiki, is to be split up, with its healthy assets being absorbed into the Bank of Cyprus. Savers with more 100,000 euros ($129,000) in either Bank of Cyprus and Laiki will face big losses. At Laiki, those could reach as much as 80 percent of amounts above the 100,000 insured limit; those at Bank of Cyprus are expected to be much lower.

Sadly, the truth is that those people will be lucky to ever see any of that money ever again.

How would you feel if someone came along and wiped out your life savings so that banks that took incredibly reckless risks could be bailed out?

Needless to say, a lot of people in Cyprus are very, very angry right now. The following reactions from outraged depositors in Cyprus are from Sky News

“They have stolen our money,” Milton Loucas told Sky News.

“I have been working for 60 years. I am 80 years old. I cannot work again for my living – they have cut the lot.

“Our money, our social insurance – they have cut them. How are we going to live?”

Another Cypriot, Stelios, came out of the bank empty handed.

“I tried to get my February wages and they gave me a piece of paper only,” he said.

“I have two children in the army and they asked for money – I don’t have money to give them.

“The Government didn’t pay anybody. My old parents didn’t get their pension.”

A lot of people have just had their entire lives turned upside down.

But there were some people that were told ahead of the crisis and were able to get their money out in time.

According to the BBC, foreigners pulled a whopping 18 percent of their money out of Cyprus banks during the month of February alone…

Information from the Central Bank of Cyprus released on Thursday showed that foreign depositors had already withdrawn 18% of their cash from the nation’s banks during February, before the current crisis hit home.

So how did they know to pull their money out and who told them?

In addition, branches of the two largest banks in Cyprus were kept open in Moscow and London even after all of the banks in Cyprus itself were shut down. So wealthy Russians and wealthy Brits have been able to take all of their money out of those banks while the people of Cyprus have been unable to. It is hard to even find the words to describe how unfair that is. The following is from a recent article by Mark J. Grant

So let us then turn back to Cyprus and see why the Russians are not quite so upset as they were at the beginning of the crisis. The answer to this question is Uniastrum bank which is headquartered in Moscow. Eighty percent (80%) is owned by the Bank of Cyprus. After the crisis began and right up until the capital controls were implemented the bank was open for business with no restrictions upon withdrawals. So the crisis began, was all over the Press and the Russian depositors walked into the local bank and withdrew their money from Uniastrum, the Bank of Cyprus, or had it wired in from the other local Cyprus banks and it was then withdrawn. Problem solved!

At the same time Laiki bank and the Bank of Cyprus had operating branches in London. There were no restrictions there either so people could walk into those banks and withdraw their money as well. No restrictions at all right up until the time of the Capital Controls. In the meantime, in Cyprus, people and institutions could not get at their money so the Russians and many British took out their money, closed their accounts while the people in Cyprus were left high and dry.

The wealthy always seem to come out ahead somehow, don’t they?

Meanwhile, those in Cyprus with deposits under 100,000 euros are now dealing with some very stringent capital controls. In other words, there are some very tight restrictions on what they can do with their money. For example, the maximum daily cash withdrawal has been set at 300 euros. The following are some of the other restrictions that are in force right now

As well as the daily withdrawal limit, Cypriots may not cash cheques.

Payments and/or transfers outside Cyprus via debit and or credit cards are allowed up to 5,000 euros per person per month.

Transactions of 5,000-200,000 euros will be reviewed by a specially established committee, with applications for those over 200,000 euros needing individual approval.

Travellers leaving the country will only be allowed to take 1,000 euros with them.

When the next great wave of the economic collapse strikes, capital controls and bank account confiscation will suddenly become “normal” all over the world.

So get prepared while you still can.

One thing that you can do is make sure that you don’t have all of your eggs in one basket. The following is what Jim Rogers recently told CNBC

“I, for one, am making sure I don’t have too much money in any one specific bank account anywhere in the world, because now there is a precedent,” he said. “The IMF has said ‘sure, loot the bank accounts’ the EU has said ‘loot the bank accounts’ so you can be sure that other countries when problems come, are going to say, ‘well, it’s condoned by the EU, it’s condoned by the IMF, so let’s do it too.’”

The more places that you have your money, the more difficult it will be for “the powers that be” to loot it.

The global elite are fundamentally changing the game. From now on, no bank account on earth will ever be able to be considered “100% safe” again. This is going to create an atmosphere of fear and panic, and no financial system can operate normally when you destroy the confidence that people have in it.

Confidence is a funny thing – it can take decades to build, but it can be destroyed in a single moment.

None of us will ever be able to have confidence in our bank accounts again, and I fear that the next wave of the economic collapse may be closer than I had first anticipated.

RBC replaces Canadian staff with foreign workers

Nicholas M Vilcu says, wow wow wow and all of you smart bank employees really didn’t realize this would happen wow……….all canadians alert alert alert any of you with a job understand and know that very likely this will happen to you, wake up……..

Axed employee blows whistle; federal government investigating

By Kathy Tomlinson, CBC News

Posted: Apr 6, 2013  http://www.cbc.ca/news/canada/british-columbia/story/2013/04/05/bc-rbc-foreign-workers.html

By Kathy Tomlinson, CBC News
Reaction to RBC’s employee replacement

Dozens of employees at Canada’s largest bank are losing their jobs to temporary foreign workers, who are in Canada to take over the work of their department.

“They are being brought in from India, and I am wondering how they got work visas,” said Dave Moreau, one of the employees affected by the move. “The new people are in our offices and we are training them to do our jobs. That adds insult to injury.”

Minister responds

As a result of Go Public’s inquiries, the office of the minister of Human Resources and Skills Development Canada — the federal office that approved iGATE’s plans to bring in foreign workers — issued a statement late Saturday.

“We have recently learned of allegations that RBC could be replacing Canadian workers by contracting with iGate, which is filling some of the roles with temporary foreign workers. If true, this situation is unacceptable.

“The purpose of the Temporary Foreign Worker Program is to fill acute labour needs when Canadians are not available for the work required. It was never intended as a means to bring in temporary foreign workers in order to replace already-employed Canadian workers.

“I have instructed my department to work with Citizenship and Immigration Canada to determine the next steps.”

Moreau, who works in IT systems support, said he is one of 50 employees who facilitate various transactions for RBC Investor Services in Toronto, which serves the bank’s biggest and wealthiest institutional clients.

In February, RBC told Moreau and his colleagues 45 of their jobs with the regulatory and financial applications team would be terminated at the end of April.

“There are a lot of angry people,” Moreau told Go Public. “A lot those people are in their late 50s or early 60s. They are not quite ready for retirement yet, but it may be very difficult to employ them.”

Moreau will get a severance package, but expects it won’t last long.

“I am going to be broke,” he said. “I don’t have enough money to live on. I have some RSPs. I have very little in the pension plan at RBC … I have a wife that works part time at a very low wage.”

Another RBC staffer, who didn’t want to be named, said it’s devastating.

“It’s horrible to be in this situation,” the employee said. “The bank is doing this while making billions of dollars in record profits and they don’t think about the impact on us. We are like fleas on an elephant.”

The foreign workers who are taking over the RBC work in Toronto are employed by a multinational outsourcing firm from India – iGATE Corp. – which has a contract with the bank to provide IT services.

The two companies have been working closely since 2005. There is an “RBC Offshore Development Centre” in the iGATE facility in Bangalore.

RBC spokesperson Rina Cortese told Go Public several foreign workers from iGATE will be working in the bank’s Toronto offices until 2015. By then, she said, most of the work will be transferred abroad, but a few of the foreigners will remain indefinitely.

Displacement against rules

However, it is against federal rules for any company to bring foreign workers into Canada temporarily if it will put citizens out of work.

“The rules are very clear. You cannot displace Canadians to hire people from abroad,” said Immigration Minister Jason Kenney.

The federal government recently announced it is tightening rules for its Temporary Foreign Worker program because of criticism over foreigners taking jobs from Canadians.

RBC said the work is being outsourced for cost savings and efficiency.

“External suppliers with the right skills allow us to introduce new efficiencies, continually improve our service at reduced cost and reinvest in initiatives that enhance the client experience,” a statement from the bank read. “Agreements with our suppliers include strict controls and ongoing monitoring to ensure full compliance with all regulatory requirements.”

Questions unanswered

However, the bank refused to answer repeated questions about the type of work visas the iGATE employees have or how they were approved, given the job losses involved.

Submit your story ideas:

  • Go Public is an investigative news segment on CBC TV, radio and the web.
  • We tell your stories and hold the powers that be accountable.
  • We want to hear from people across the country with stories they want to make public.

Submit your story ideas to Kathy Tomlinson at Go Public

Follow @CBCGoPublic on Twitter

“We do not comment on specific supplier relationships,” Cortese said.

Moreau called the situation “a mass exodus. It’s the first time that they’ve taken this many people and terminated their jobs. I would like to know how this happened. If it’s possible I would like to see it stopped.”

iGATE, a rapidly growing company with offices around the world, including Mississauga and Toronto, has been in trouble before over foreign worker hirings.

In 2008, the multinational paid $45,000 to settle charges by the U.S. Department of Justice for discriminating against American citizens. iGATE was advertising jobs in the U.S. for foreign workers — effectively saying Americans need not apply.

iGATE said it brings its foreign workforce into Canada under the Temporary Foreign Worker Program and under intra-company transfer visas.

However, a Toronto immigration lawyer says there is no loophole in any visa category that allows companies to displace Canadians who are able to do the work.

This plaque is on an RBC building in iGATE's Bangalore facility. The bank has been outsourcing IT work to iGATE for several years. This plaque is on an RBC building in iGATE’s Bangalore facility. The bank has been outsourcing IT work to iGATE for several years. (CBC)“It should not happen,” Mario Bellisimo told Go Public. “The overarching legal standard is to supplement and to fill labour shortages or to bring job creation and retention, knowledge transfer to Canada, not the opposite.”

But iGATE spokesperson Prabhanjan Deshpande said the company is operating within the law: “For any engagement requiring foreign workers, appropriate immigration applications are filed by iGATE and all work authorizations are properly issued under existing law and policy.”

Go Public asked whether the company had told federal authorities Canadian jobs would be terminated when iGATE temporary foreign workers were brought in to work at RBC. Go Public did not receive a direct answer.

Foreign workers lack skills

The iGATE employees don’t appear to have any special skills Canadians don’t, the RBC workers told Go Public.

“That’s why we are training them,” Moreau said. “The person who is replacing me has asked a lot of questions and doesn’t know a major portion of the type of systems that we are working with.”

Dave Moreau and his co-workers at RBC are being replaced by temporary foreign contractors. He can't understand how or why those workers got visas to come into Canada and take his job. Dave Moreau and his co-workers at RBC are being replaced by temporary foreign contractors. He can’t understand how or why those workers got visas to come into Canada and take his job. (CBC )“If they had the knowledge [to do the jobs] it would be easier to swallow,” said the unnamed employee, who predicted client service will suffer.

The workers also said they were not offered jobs with iGATE and were told this “realignment” might expand to affect more of the bank’s 57,500 employees in Canada.

“We were told this is almost like a pilot project,” the unnamed employee said.

“I am certain this isn’t an isolated incident,” Moreau said. “I know that iGATE has a very aggressive plan to grow their business over the next few years, and that’s going to be at the expense of Canadian citizens who are working.”

Kenney said he was not aware of this case, but the onus is on both companies to obey the rules.

Immigration Minister Jason Kenney says that under federal rules, no foreign worker can be allowed into Canada if the move displaces a Canadian from their job.Immigration Minister Jason Kenney says that under federal rules, no foreign worker can be allowed into Canada if the move displaces a Canadian from their job. (CBC)“If an employer is playing some kind of a shell game, that is not consistent with the rules,” the immigration minister said. “[The Temporary Foreign Worker Program] is not there for employers to make short cuts to displace Canadians — and if they are trying to do that, they should have the book thrown at them.”

Jinny Sims, the opposition’s immigration critic, wants to see concrete action. RBC could afford to retrain the Canadian workers if need be, she said.

“This appears to be a blatant abuse of our system,” Sims said. “We’ve got so many well- qualified people who don’t have jobs, so surely we have a government that should be tackling the outsourcing issue and looking at how to keep jobs at home.”

Uncertain future

RBC said it is trying to find new positions for the people affected.

“Several employees have found positions or are in the final stages of offers for other RBC roles, and a few others have chosen to retire,” RBC said. “We continue our efforts to ensure remaining impacted employees obtain suitable roles.”

However, employees told Go Public fewer than five of 45 displaced people have found new jobs.

IGATE says it deploys its foreign workforce into Canada and other countries when needed.  The company got in trouble in 2008, when it was fined in the U.S. for hiring foreign workers instead of Americans for jobs there. IGATE says it deploys its foreign workforce into Canada and other countries when needed. The company got in trouble in 2008, when it was fined in the U.S. for hiring foreign workers instead of Americans for jobs there. (Reuters)“What they are saying and what we see happening are two different things,” said the unnamed employee. “What we see happening is nothing.”

Moreau said he’s applied for 14 other jobs within RBC since the announcement. He said he’s been told he is not suitable for two of them, and has yet to hear back about the rest.

“I hate injustice, and I feel as though a lot of people are being hurt,” Moreau said. “It’s just not fair to people who have worked for years and years and years and suddenly find themselves out of work for not a really good reason.”

Submit your story ideas to Kathy Tomlinson at Go Public

Follow @CBCGoPublic on Twitter

JIM SINCLAIR:

YOU MUST EXIT THE SYSTEM IMEDIATELY,

FINANCIAL NAZIS ARE MOVING DIRECTLY

TOWARDS YOU!

http://silverdoctors.com/jim-sinclair-you-must-exit-the-system-imediately-financial-nazis-are-moving-directly-towards-you/

Legendary gold trader Jim Sinclair sent out an email alert to subscribers over the weekend, advising investors that You must now act to exit the system!  Sinclair, who as recently as 2 weeks ago advised those attending his NYC meeting that investors have 2 years to withdraw their IRA and 401k funds from the system, has changed the urgency of his call significantly, stating:
You must exit the system immediately because the Financial Nazis struck in Cyprus and now are moving directly towards you. This is simple fact, which if you ignore will be akin to the rise of the Nazis in Germany for those that knew they should, but never made the decision to leave that system.

Sinclair’s full alert is below:

From Jim Sinclair:

You must now act to exit the system

Bail-in

(excerpt)

 

The US has already put in place bail-in-like powers as part of the Dodd-Frank financial reform act passed last year. The law includes a resolution scheme that gives regulators the ability to impose losses on bondholders while ensuring the critical parts of the bank can keep running.

 

Employees would be paid, the lights would stay on and derivatives contracts would not have to be instantly unwound.

 

Click here to read the full definition…

I have given my all to communicating the most important conclusions concerning your future financially and therefore on every level of life.

  1. The operation to depress the gold price since the high was limited in time and is now behind us in terms of maximum pain for the bulls.
  2. You must exit the system immediately because the Financial Nazis struck in Cyprus and now are moving directly towards you. This is simple fact, which if you ignore will be akin to the rise of the Nazis in Germany for those that knew they should, but never made the decision to leave that system.

The saddest fact is that many of you have thrown away your gold share and bullion insurances to the enriched Bankster bullies. You will now pay no attention to the need to exit the system. It is as if you are moths attracted to the flame of danger, and a sloth in that you are too lazy to take the actions required to protect yourselves. If you do not pay attention to this interview you are going to sacrifice all you have worked to accomplish in your lives. Most certainly those that are planning any form of retirement are right now dancing on the head of a needle.

Here are a few most important actions you, in my opinion, must take.

Government sponsored retirement tax preferential retirement programs must realize that one of the IMF plans in Cyprus was to nationalize all retirement programs. That means steal your retirement funds and assets, replacing them with some form of future paper assuming Cyprus returns to solvency.

You must, in my opinion, face whatever tax consequences there are and close your retirement programs. You are in clear and present danger of confiscation for questionable paper of whatever you hold in these type accounts. In a financial sense you are exactly what the ghettos in Germany and Poland were when they knew they should run but found any excuse possible not to do what was logically screaming at them to take action.

I am screaming at you from every pulpit I can find, with no personal benefit that you must take various actions and take them now. The fact the IMF, a major international body, had the audacity to demand that Cyprus nationalize all it pensioners and confiscate large percentages of the account values should be like a flashbulb going off in your eye to wake you from your sheeple slumber.

Bite the bullet.
Pay the tax.
Get your assets back.
Get out of the system.

The next action you must take is to get as far away from social media, and the use of credit cards for everything because you are painting a picture for the tax collectors that are going to go ballistic in their effort to collect your money from you in order to create revenue for governments going broke, or who are already hiding the fact they are broke.

It might take some effort, but stop your kids from informing the world of everything you and they have done on their social media. Computer based comparisons of family income to family activities will spur punitive audits when the apparent expenses are greater than the combined declared income.

The revenues services of every country are cranking up their computer search programs to grab information. You must stop so freely providing information, and maybe bragging on social media to make others think your lives are better than they really are. You must turn off the switch on your children use of social media if they are still under your authority. You must suggest to your emancipated children that they are foolish in informing the world of every little thing that do in search of 1000 friends on social media that would not really give a damn if they had a problem.

As an example of the new high tech snoops you are feeding with your credit cards and social media, research the following article.

IRS High-Tech Tools Track Your Digital Footprints – Yahoo! Finance

– Charting and analyzing social media such as Facebook
– Targeting audits by matching tax filings to social media or electronic payments
– Tracking individual Internet addresses and emailing patterns
– Sorting data in 32,000 categories of metadata and 1 million unique “attributes”
– Machine learning across “neural” networks
– Statistical and agent-based modeling
– Relationship analysis based on Social Security numbers and other personal identifiers

 

ou must eliminate to the greatest degree possible all the agents between you and your assets.

There is no question that leaving assets in street name with your brokers and bankers is a financial death wish. The preferred way of holding shares of stocks has always been in your own name as physical certificates. The second best method, but much better than street name, is to hold your shares in Direct Registration. Do not expect your banks, brokers or companies you are invested in to make it easy to get out of their system. They will fight you all the way, but you have to insist on your rights regardless of their refusal or false dire warning of negative circumstances when you succeed in demanding your rights. Most of it exaggerations of what is really minutia when it comes to protecting yourselves.

Large credit balances in the form of banking accounts in CDs or in pure cash is now holding up a red blanket for the fighting confection bull of governments seeking your assets to hold off their financial collapse from their own spending sins of decades.

We can discuss in open forum, face to face or in writing later what to do with your assets but right now, as Braveheart cried, they must have FREEDOM from the system. There is much more that needs to be done, but what you have here is what should be called first priority. This should be viewed as call to action. I have not been too much off the mark on calling the developments not only of the past 12 years, but for the entirety of my successful career of more than 50 years in finance.

You ignore me at your own severe personal risk.

Check out these similar articles:

  1. Jim Sinclair: Gov’t to Raid Retirement Accounts to Fund Shortfall of Treasury Purchases
  2. Alert From International Banker: Close All Equity Accounts & Exit Markets NOW!
  3. Jim Sinclair: QE To Have Major Economic Impact On Western Financial World
  4. Jim Sinclair: Worst Case Financial Scenario Unless Fed Goes Full QE by End of June
  5. Jim Sinclair: THE SYSTEM IS TOTALLY BROKEN!!

IRS High-Tech Tools Track Your Digital Footprints

U.S.News & World Report LPBy Richard Satran | U.S.News & World Report LP – Fri, Apr 5, 2013 10:47 AM EDT
  • Yahoo! Finance/Getty Images –

The Internal Revenue Service is collecting a lot more than taxes this year–it’s also acquiring a huge volume of personal information on taxpayers’ digital activities, from eBay auctions to Facebook posts and, for the first time ever, credit card and e-payment transaction records, as it expands its search for tax cheats to places it’s never gone before.

The IRS, under heavy pressure to help Washington out of its budget quagmire by chasing down an estimated $300 billion in revenue lost to evasions and errors each year, will start using “robo-audits” of tax forms and third-party data the IRS hopes will help close this so-called “tax gap.” But the agency reveals little about how it will employ its vast, new network scanning powers.

Tax lawyers and watchdogs are concerned about the sweeping changes being implemented with little public discussion or clear guidelines, and Congressional staff sources say the IRS use of “big data” will be a key issue when the next IRS chief comes to the Senate for approval. Acting commissioner Steven T. Miller replaced Douglas Shulman last November.

[Read: Are You Taking the Right Tax Deductions?]

“It’s well-known in the tax community, but not many people outside of it are aware of this big expansion of data and computer use,” says Edward Zelinsky, a tax law expert and professor at Benjamin N. Cardozo School of Law and Yale Law School. “I am sure people will be concerned about the use of personal information on databases in government, and those concerns are well-taken. It’s appropriate to watch it carefully. There should be safeguards.” He adds that taxpayers should know that whatever people do and say electronically can and will be used against them in IRS enforcement.

IRS’s big data tracking. Consumers are already familiar with Internet “cookies” that track their movements and send them targeted ads that follow them to different websites. The IRS has brought in private industry experts to employ similar digital tracking–but with the added advantage of access to Social Security numbers, health records, credit card transactions and many other privileged forms of information that marketers don’t see.

“Private industry would be envious if they knew what our models are,” boasted Dean Silverman, the agency’s high-tech top gun who heads a group recruited from the private sector to update the IRS, in a comment reported in trade publications. The IRS did not respond to a request for an interview.

In trade presentations and public documents, the agency has said it will use a massively parallel computer system that can analyze data from different networks to find irregularities and suspicious activities.

Much of the work already has been automated to process and analyze electronic tax returns in current “robo-audits” that flag unusual behavior patterns. With IRS audit staff reduced by budget cuts this year, the agency will be forced to rely on computer-generated audits more than ever.

The agency declined to comment on how it will use its new technology. But agency officials have been outlining plans at industry conferences, working with IBM, EMC and other private-sector specialists. In presentations, officials have said they may use the big data for:

— Charting and analyzing social media such as Facebook

— Targeting audits by matching tax filings to social media or electronic payments

— Tracking individual Internet addresses and emailing patterns

— Sorting data in 32,000 categories of metadata and 1 million unique “attributes”

— Machine learning across “neural” networks

— Statistical and agent-based modeling

— Relationship analysis based on Social Security numbers and other personal identifiers

Officials have said much of the data will be used only for research. The agency’s economic forecasts and data are a key part of Washington’s budget infrastructure. Former commissioner Douglas Shulman said in an IRS statement that the technology will employ “billions of pieces of data” to target enforcement and to “detect and combat noncompliance.”

[Read: The Big Tax Shelter Many Financial Planners Overlook.]

U.S. Tax Court records show that information gathered from Facebook and eBay postings have been used by the IRS in defending tax challenges. Under a Freedom of Information Act disclosure obtained by privacy advocates at the Electronic Frontier Foundation, the group published the IRS’s 38-page manual used to train auditors to search Internet addresses, Facebook postings and other social media to back audit enforcements.

In practice, the third-party data has been used only if the irregular returns merit more attention. In one much-cited example, IRS officials talk about prisoners who were filing false claims for energy tax credits for window replacements.

The agency, wary of public opinion about invasive audit practices, has pulled back from using so-called “social audits,” which, for example, might single out horse-racing enthusiasts or sailboaters for special attention. But by screening existing data for one million unique attributes, the agency can quietly create a DNA-like code to understand the economic behavior of any individual.

The IRS last year used a profiling test model to study 1,500 tax preparers with histories of reporting deficiencies and managed to recover $200 million. It cited the experience as proof that its data analysis works. Early this year, however, a new set of rules it developed for tax preparers was thrown out by a federal court who said the agency had overstepped its mandate. The IRS would not comment on whether the rules were based on its new screening tools.

Lots of computing power, for what? The agency’s computers can now load all U.S. tax returns in just 10 hours, compared with the four months it took just eight years ago, Jeff Butler, IRS director of research databases told the IBM TechAmerica conference last November. That leaves a lot of time for other uses. The IRS says it expects 80 percent of its tax returns to be filed electronically this year. That makes a total of 250 million returns filed, with $2 trillion in revenue.

But processing those returns uses only a fraction of the agency’s computing power. An entire year of tax returns amounts to 15 terabytes, or just 1.5 percent of the IRS storage of 1.2 petabytes (one quadrillion bits of information), based on public data from IRS presentations. The agency has expanded its data capacity by 1,000 percent in the past six years.

It also recently assembled $350 million in high-tech tools to do a lot of auditing, tracking and analyzing what people do on the Internet. The agency has used social media and other third-party sources in the past, but it has now increased its capability to so from its own growing database of networks.

Congressional staffers on the House Ways and Means Committee and the Joint Committee on Taxation, both of which oversee the IRS, say they have been occupied by more pressing issues related to the budget crisis, and Congress gave the tax officials leeway to use technology to solve the growing problem of identity theft. But they said they will look at the possibility of errors in robo-audits as well as the storage of data on millions of taxpayers.

The IRS is guarded about how its audits are triggered, tax experts say, because too much information on what they do might help tax cheats. Major accounting firms have been given little information on the changes and were reluctant to comment, although some said privately that they are aware of the new IRS tools but it is too early to tell how they will be used. Taxpayer advocacy groups also say they are waiting to see how the IRS manages its technology upgrade, and are holding out hope that it will make taxes more fair and efficient and force tax evaders to pay their share of the overall burden.

[See Tax Tips: The Good, Bad and Ugly (But Legal)]

While many applaud the effort to update government technology with private-sector tools, they say the agency needs to conform to higher standards.

“I don’t really see strong legal regulation in place to manage something of this magnitude,” says Paul Schwartz, University of California law professor and co-director of the Berkeley Center for Law & Technology. The IRS is working with the same kind of oversight and rules that were developed in the paper tax-return era, says Schwartz. But with the technology it now has, the agency can “see into people’s lives” as never before.

Tax returns are like narratives of how people spent their money, and tax audits have been guided by “reasonable” interpretations of allowable credits and deductions by the IRS agents who manage audits. “Social media can make people testify against themselves,” Schwartz says. “They provide a counter-narrative.” He cites as an example a businessperson going to Florida for five meetings over a week who also visits family in Miami. A casual Google+ posting to friends online about “visiting my mother in Florida” could paint a different picture than the deduction taken on the tax form.

“It will be interesting to see what the IRS does with all of their new tools. They will have to be very careful,” says Schwartz. So, too, will taxpayers.

COMMENTS

Daniel J Towsey says, I went to my local Canadian Imperial bank of Commerce and spoke with the bank manager about this. I gave her the llnk to this information above and after checking it out, Today she phones me and basically banned me from going back to the bank…

How the Cyprus Financial Crisis is Part of a Larger Agenda

Tue, 09 Apr 2013 05:37:00 PDT

Photo: The Guardian

In this audio excerpt from a conference call with THRIVE Movement staff members, Foster Gamble connects the dots on how the economic meltdown in Cyprus connects to a larger agenda for control by the global banking elite:

Download the audio file (right click and choose Download or Save As…)

More related articles.

The Global Elite Are Very Clearly Telling Us That They Plan To Raid Our Bank Accounts

http://theeconomiccollapseblog.com/archives/the-global-elite-are-very-clearly-telling-us-that-they-plan-to-raid-our-bank-accounts

Cyprus-Style “Bail-Ins” Are Proposed In The New 2013 Canadian Government Budget!

http://www.infowars.com/cyprus-style-bail-ins-are-proposed-in-the-new-2013-canadian-government-budget/

One thought on “It is in the new Canadian Budget documents to steal your money”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s