Cyprus Has…

When I heard this earlier this morning I wondered how many servicemen have 100,000 euros in the bank……

The United Kingdom is to ‘compensate’ British Forces who lose money to the bank levy:

http://www.bbc.co.uk/news/uk-21820237

The levy is 6.75% for those with less than 100,000 in the bank.

I remember the case of one man, here in the U.K. who opened a Savings Account for his son, which had a tidy sum in it, saved over time, and then the father got himself into an Overdraught situation. The Bank, took his sons savings away to clear his fathers overdraught.

So? In actual fact the father and son didn’t have any savings; the bank probably did them a favour by lowering the net interest that they’d be paying to the bank. I don’t think there is anything to criticize here.

For the interest on savings now you may as well keep your money under a mattress.
Everything is now done electronically ,pay goes direct into accounts,d/debits,bills all paid electrionically.
I guess it is a small minority that get paid cash.
You have to have a bank account and an address just to do anything now.

I feel very sorry for those who had their life savings in those Banks, it would appear the Banks shut down their ATMs, and when TSHTF, and the folks went to draw their money out, they were unable to.
I remember the case of one man, here in the U.K. who opened a Savings Account for his son, which had a tidy sum in it, saved over time, and then the father got himself into an Overdraught situation. The Bank, took his sons savings away to clear his fathers overdraught.
The name of the Bank, BAR***YS.
They think they are above the Law, but where money is concerned, anything goes.
Makes you proud to be a Brit don’t it?.:(

Jim.
Lincoln .7

The trouble with the EU seems simple to me.
How are you going to couple together economies like Germany. France, and Britain (which even in themselves have glaring mismatches) with economies like Portugal, Spain and Greece?
.

Ce’st impossible 😉

The trouble with the EU seems simple to me.
How are you going to couple together economies like Germany. France, and Britain (which even in themselves have glaring mismatches) with economies like Portugal, Spain and Greece?

I would have thought it’d be easier trying to mix oil and water.

Plus, in my own case with a personal loathing of authority, bureaucracy, power structures and authority figures in general (politicians, police, the judiciary, banks, the inland revenue, traffic wardens, the military–please note this list is by no means exhaustive) I see the EU as just another excuse to employ a load of otherwise unemployables and exert power on the small people–and whatever any self delusions that any of you here may have–that’s mostly us.

And no, before you mention it, I won’t be voting UKIP.
I will never vote again–that’s one promise to myself I intend to keep.
They are all w*nkers. The lot of them.

We all know where each of us stands–well apart from me that is.
I hold everyone in equally low regard.
A.

Hey you can include me on that Andy 😉
I always just laugh at the naivity of people who think that any of our traditional parties represent our country at all…I always say that the country survives in spite of what our politicians have done – not because of what they actually ”Achieve”.

The EU is just a megashambles overall and a good illustration of Big is Best :rolleyes:
It all started off with very laudable aims but simply seemed to ignore the possibility that some countries are either fiscally inept/full of corruption/or just think differently to some of the older EEC countries.
And no I have not forgotten about the ‘common market’ agricultural panto either 😉

No meltdown yet. The EU and some of its members has an unenviable track record for bending the rules and moving the goalposts, all in the name of self-preservation. Its self preservation.

But despite your hopes, Andy, this might not evolve into left/right, but it will evolve into pro and anti-EU, and you know where we all stand on that too.
So I’ll leave it to the rest of the usual suspects!!;):)

Yep, as usual, every poor b****r getting clobbered, except the b******s who caused this unholy mess 😡

Yup, megga sticky wicket, there will be servicemen and women in Cyprus to using those banks, as will the RAF and Army !

It could possibly be the final financial melt down for Europe. Cyprus is taking 10% of peoples savings to bail out banks. If non European nationals holding savings in European banks think it could happen to them, they will move there money else where. The banks will then have know money to `play with` and the whole lot could come down.