UPDATED: Heed the warning of Cyprus: “Deepen your preparation and keep it to yourself”

On tonight’s TV show, Glenn went into further detail on the letter to his kids, what you can do to prepare for tough economic times, and why you needed to be careful and discreet on your plans:

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News broke over the weekend that as part of the bailout of the banks in the small, European country of Cyprus, ordinary bank depositors would have to pay a “haircut” tax of at least 6.75%.

In other words, if you managed to save $10,000 in the bank, already having paid all the various taxes that hit your paycheck before you get to deposit it, you’re going to lose $675 of that to help pay for the bailout.

The unprecedented penalty meant that everyday Cypriots would have to give up a percentage of whatever they had saved in the back. Unsurprisingly, there was soon a run on the banks and ATMs as people tried to get their money out. But as Glenn warned on radio this morning, the real danger is that this unheard of penalty could be placed on other, larger European countries who are facing a growing and ongoing debt crisis.

“The announcement was intentionally made late Friday or early Saturday and buried in an avalanche of details,” Glenn said. “The only coverage of this issue when it came out, the only coverage was on Twitter. “

When the news started to spread that the bailout deal could happen, Cypriots started to go to the ATMs to get the money out before the tax hit them, but quickly found they couldn’t get their cash out of the banks.

“Even though the tax is not yet supposed law because the government of Cyprus hasn’t voted on it yet, the people who tried to pull their money out of ATMs or banks over the weekend found they couldn’t do it,” Glenn said.

“Now think of that. There is no law, but the people could not access their accounts and take their money out of the banks. Taking money from people is really bad, but elections have consequences. And if you elected these guys to represent you and they are going to vote for it and you don’t stop them, elections have consequences.”

The taxes are being imposed by the EU, the IMF, and the government of Cyprus.

“But here’s the real nasty stuff: You’re asking the people who played by the rules, you’re asking the people who lived within their means to bail out the big banks that didn’t.”

“Now here’s the lessons you should learn from this: You cannot print your way out of an eventual day of reckoning, a day of reckoning is coming. There is nothing that’s going to avoid the appointment with you and the Good Lord. There is also, you cannot violate fundamental universal truths, fundamental economics, fundamental mathematics, you cannot break universal truth and expect not to pay the consequences. We are living in a world that has gone insane. They are changing the math to make it work for us to be able to… whatever it is we do. Whatever it is we want. We want more free healthcare, we want more this, we want more that, we want to fight wars. We want to bail out all the other countries. We want to save the banks. We want to cure this disease and this country. We want to redistribute our wealth. We want to make sure that the poor people in Africa don’t struggle because we’re so rich. I got news for ya: You cannot have it all. You cannot do it all. And our day of reckoning will come,” Glenn continued.

“The tax, however, is intended to send a very important message, and here it is, and it’s not meant just for the people of Cyprus. It is meant for you as well, and here’s the message: That money doesn’t belong to you.”

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After reading about the news of the Cyprus bailout, Glenn wrote a letter to his family and shared some pieces of it with the audience. In the letter, Glenn encouraged his family members to have thirty days cash on hand to deal with anything that might come up. Cash to cover food, rent, travel and other expenses.

“If you don’t have 30 days cash on hand, if you don’t have an emergency plan of how your family moves or functions in the case of a banking shutdown, in case of a seizure situation, in case of a national emergency, if you are not, A, positioned in a place where you are surrounded by like minded people, you might want to reconsider this. If you are someone who does not have enough cash, you have to go to the ATM over the weekend or you’re not going to be able to eat, I would suggest you look at your food situation and you look at your cash situation,” Glenn said.

“Last night I wrote to my family, and I want to discuss with you that I believe that you need to be you need to understand what Immanuel Kant said one time, and I only remember it because it was such a foreign idea to me at the time. This is back in the Nineties, that I pondered for a few weeks what the world must have been like that would make a man say something like this: There are many things that I believe that I shall never say, but I shall never say the things that I do not believe. What kind of world does it have to be, thought an American, Glenn Beck, in 1995, what kind of world do you have to live in where you are afraid to say things that you truly believe? Well, we are here now,” Glenn said.

“The other thing is something that General Anthony Wayne said in a letter to George Washington written at 2:00 in the morning: Your officers and your men behaved like men determined to be free,” Glenn said.

“The world is coming undone and the world is splitting into different camps. Those who understand individual liberty, that it is not about the collective, that the only way to truly bring the collective up is for individuals to empower themselves and to behave like men determined to be free. When you understand what that means, it means that you are someone who obeys the law, that you are somebody who does not pick the pocket of your neighbor, that does not, does not push off responsibility to others, that you take responsibility for your action and you insist that those around you also take honest accounting and responsibility for what they have done. And that’s the way you get to be free.”

“But the other group that the world is splitting off into is one that will take anything. They are a drowning swimmer and they will pull you under the water.”

Glenn said that while people need to start living their lives as men determined to be free, they must also use discretion in what they say to others.

“Please, do not tell anyone. Do not panic. There’s time, but this is a warning that you should see. Deepen your preparation and keep it to yourself,” Glenn said.

  • http://youtu.be/0iRCvDwF26Q Sam Fisher

    More reasons to pull out of the U.N. 

  • Anonymous

    I wouldn’t invest in a mutual fund right now.  A 401(k), which is based on reality, that seems like a better investment.  Of course brokers and human resources people all lobby for you to put your money to work in the stock market.  But these days, I don’t trust the world market to do anything but collapse.  Quantitative easing sounds more like a quantitatively sudden death. 

  • http://profile.yahoo.com/INXQGWZGPQYOISVW7BN3R55D7U Jo

    Is this much different than when our country prints so much money the money we think we have in the bank account is de-valued just as if they were taking it?

  • Anonymous

    So like, gloom and doom time again, another looming disaster from Beck, the guy who was Bush’s cheer leader and never saw the Bush financial disaster coming…….

  • http://pulse.yahoo.com/_BGC7U7QUFEWSSV3H4IFHLAFK54 mudslide

     Why do you come on this site, are you that miserable in life?
    Why don’t you go leghump Bloomberg or wittle Chwissy Matthews….pander to your ilk and rub elbows with wanna-be socialpunks.

  • Anonymous

    Can you get that money out, have you paid your bank taxes on it?  NO, it is not the same.

  • Anonymous

    BTW, he did see it coming and warned people.  The worst thing that could happen if you listen to Beck’s advice is you would have some extra cash around the house.  Can you withdraw cash from your food stamp card?

  • http://www.facebook.com/debby.guerriero Debby Guerriero

    Glenn was not a cheerleader for Bush.  He criticized him often for his overspending and being too much of a liberal Republican. 

  • http://www.artinphoenix.com/gallery/grimm snowleopard (cat folk gallery)

    More reasons to pull out of the UN and leave the rest of the world alone; we have now to look after ourselves first and not everyone else.

  • http://www.facebook.com/people/Joseph-Jr-Vanchieri/100000630756130 Joseph Jr Vanchieri

    The way this works is by doing what the communist party has done here. You flood you government body and courts with laws that are against human rights and some will get through. They are hoping that citizens will do as they usually do and get tired of the fight. As the super power of the world we have yet to win a war since WWII. The politicians and cowardly media are partners in flooding the news with the dead and mutilated soldiers and civilians used as bullet proof vests. Osama bin laden said it best. ” keep fighting and they will tire of it. He wasn’t a profit. He learned by our 20th century history. We are 0 – 4 and no chance of winning in the future with a whining public that believes those who blow themselves up and burn churches and  Jewish temples are the victims and the communist media backs it up. This is an old saying but is truer today than ever. ” The inmates are running the nut house”.

  • crazy betty

    haha  what a burn on cretin.

  • Richard Brophy

    Kick the clown out of the White House who is leading us down to this path!!

  • http://www.facebook.com/people/Todd-Clemmer/1506137119 Todd Clemmer

    That avatar is so fitting.  It was you progs that destroyed the housing market with your subprimes.   You probably don’t have a clue of what I am talking about because it probably wasn’t covered on the Daily Show. You will soon enough.  Stay anonymous.

  • Danco30

    I’m guessing you don’t listen to Beck much…or, you would know better.

  • http://profile.yahoo.com/7YKB6R4CVR2LXTUQFGVSHX3K3M gloria

    It is better be prepared than not. Who knows when the next natural disaster will come.  As a Floridian we are  prepared for a hurricane during the season, do not turn a blind eye.  My family is prepared.

  • Anonymous

    O.k., I’m posing this question as I am hoping someone knows the answer.  Let’s say you’ve got $3,000 in credit card debt.  They lock up your funds and/or devalue them to the point that most of your money is now worthless.  Obviously you can’t pay your cc debt.  But businesses that would come after you have no money in which to pay their employees.  What happens to you and that debt?  Can’t find an answer searching through “Great Depression” books at our library. This was a question posed at work, and frankly, I can’t find an answer.

  • http://pulse.yahoo.com/_BGC7U7QUFEWSSV3H4IFHLAFK54 mudslide

     Good luck with that and ole ‘we need to save the world because we’re spoiled’ Owebama in DC….

  • http://twitter.com/ObamaDualer Oak_Tree

    I’d agree it is pretty much the same. If A = B = C, then A = C.

    In one case you have fewer dollars. In the other, you have less purchasing power. The net result is pretty much the same.

  • http://pulse.yahoo.com/_BGC7U7QUFEWSSV3H4IFHLAFK54 mudslide

     Even your 401k has been considered to be grabbed by the feds to “pay” toward the federal deficit….how sad are these people!

  • http://www.facebook.com/dave.wolford.7 Dave Wolford

     Good
    comparison. How many of you have heard about the run on banks in
    America during the Great depression. Gas in Gurnee, IL today 3.99 a
    gallon, & its not even Easter yet. How many realize we will be
    paying on average over $4.00 a gallon this summer. Those of you that say
    Obama has no control of gas prices, better wake up. If he & his EPA
    would loosen their ridiculous restrictions on Domestic Oil &
    natural gas exploration, Our prices would stabilize as well as the boost
    it would give our economy. Just approving the Keystone pipeline
    extension alone would help.

  • Anonymous

    Obama and the Democrats see this and believe me they are low enough to try the same thing here

  • Anonymous

    Yes sir folks. This is wealth sharing at its most exposure. If Cyprus is successful in taking 10% from bank accounts, then the next step will be other countries and eventually right here at home. These idiot economists who say belt-tightening isn’t the answer to the economy are so stupid its laughable. Why is Germany a stable economy? 

  • Zcat

    @Richard Brophy – It’s not ust Obama its all of congress except for a very few who is doing this until each and every republican and democratic incumbent is kicked out nothng will change!!!

  • http://www.facebook.com/eugene.lubben Eugene Lubben

    ODUMBA   would  love  to  do that  here   ,  but  he  knows  we  have  him outgunned  ,,,,,,

  • http://www.facebook.com/people/Jeff-Engelmann/100003059048385 Jeff Engelmann

     They’ll be nationalizing IRAs and 401ks before you know it.

  • Snorri

    I suspect that in two years or less Obama will impose a tax upon savings, investments and pensions along with a tax on the value of one’s home and personal property. Even having cash, food and commodities stored at home or somewhere won’t help because the Federal government will simply confiscate as done in Germany in the 1930′s and as done in Russia in the 1920′s. At least half of the American public refuses to think about the country’s financial future; however, those fools will be the first to demand that the government take from the hoarders, the rich, the working, the retired to provide for them. Unfortunately, the people have spoken by reelecting Obama; now we will all have to learn the very hard way.

  • Anonymous

    Mattress, burried mason jars, empty marie calendar lasagna box in the freezer…there are lots of safer places for your cash than the bank. Plus, I believe the marie calendar box pays higher interest rates on savings right now.

  • Anonymous

    This is T H E F T – pure & simple.

  • Anonymous

    But Clean Coal is suppose to be the answer for the Electric Car, isn’t it?!

    What WAS cheap is now EXPENSIVE and What IS Expensive now “SEEMS” [get accustom to new price levels] to be cheap.

  • Anonymous

    $$’s may be worth somewhere between 40 & 23 cents, maybe? If the FED keeps printing, and the Establishment Progressives in either party don’t admit they have  a “SPENDING” problem, and soon, this goose is cooked.

  • Anonymous

    They’ve been talking about it. Just need a crisis to activate the idea. I don’t know how people would react to the theft of their secondary retirement fund(s)? More than likely, not good.

    Just because they’ve talked about it makes me want to pull both of ours for something else. Its just getting plain rediculous.

  • Anonymous

    Don’t worry - Critten’s probably prepared, but, more than likely, he’ll be stopping by for a loan when the house of cards comes in on itself.

  • Viet Nam Army VET

    …..LOOK at any….bill…You have in …Your ..billfold!!!!…..it say’s…FEDERAL RESERVE NOTE…
    ….in other-words…….YOU & I…..do not …own the money…we so work for….the FEDS ..own it.
    …THEY CAN TAKE IT…..ANY-TIME THEY..desire!!!!…….pay your bills……your savings put in
    …..silver……dimes or quarters….pre-1964.

  • Elena

    This is a frontal assault on personal property.  And, yes, it could happen here or anywhere.

    Be prepared as Glenn has cautioned.

  • Elena

    This has nothing to do w/the incompetent idiots at the UN.  Yes, pull out of the UN, but not for this reason.  Pull out of the UN because it creates and perpetuates more problems than it fixes!

  • Jeff Cramblit

    Bush’s crisis was caused by liberal senate leaders if you know anything about the housing market you would understand that. Gloom is on the horizen for most Americans, you can’t build an economy on printed, and fake money which all that is keeping interest rates from sky rocketing, just like they did in the early 80s.
    Try to buy a home at 15% interest or credit cards at 24%. Wake up an study the very recent past. Everyone is entitled to own a home the dems said, so they made it happen under Clinton and Bush took the blame when it crashed. It was that simple.

  • Anonymous

    I believe your right but this might go much further !!!!  Unless U.S citizens start to wake up !!  Cyprus is just trial balloon of Progressives of the world  and big banks ,for them to set the precedent for other countries  to follow !! In our country we have obama ,bloom berg ,and the progressive  of Democrats and Republicans plus obama zombies !! Don’t forget obama say to business owners you did not build the business it was government  in the way he saying government own your business !!!  But what going in Cyprus is government going into banks accounts and stealing to keep their zombie voting army of the don’t to care to work crowd happy and in this country many of illegals ( P.S there are some very hard working illegals they paid their own way) If government can take your wealth or your value in your savings to share with obama zombies for obama money,phones,car,heat,electricity,food etc to keep them happy buy their votes and support ( you can call  this obama distribution of wealth)  at workers expense and retire workers expense !!   Wake up people it will be a short time obama and his progressive thugs start looking at your house value or wealth of workers and retire workers,Just imagine  you own a house with mortgage payoff  worth,250,000 workers and retire must pay 25,000 retire workers on fix income and workers working at temporary job just getting by,would need to take out a loan out put them in the red ,maybe lose their homes . This could be obama plan to get rid of citizens of owning any property ,you didn’t build or earn it ,belongs to the Government !!!! Many people instead of saving they put their money into their homes and his so call U.S attorney general will come up with a BS argument  this discriminatory one person put their money into savings for their investment other one put their money investment into their house or homes to help themselves out in later years of life !!  Wake up Union workers,non-union workers and retire citizens this obama got his eyes on your hard earn money to steal what value you have in house if pay 100,000 on  your 200,000 mortgage you must have to pay 10,000 so obama can keeps his zombie army in his voting block so ,he have to keeps them happy by propping them up at workers & retires expense !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • Anonymous

    Our economy was deliberately linked to become a one world financial entity. And our rising debt followed by the EU’s bank account raid shows just how volatile the world economies are.

  • Anonymous

     Maybe not when obama so call U.S attorney general look to other way with voter intimidation black panthers,,people who voted 4 times in one election ,no voter I.D, voter fraud etc !!!!!!!!!!!!!!

  • Anonymous

    Oh I know it.

  • http://www.facebook.com/thomas.p.mcdowall Thomas P McDowall

    I took the time to listen to this, you should too!

  • http://www.facebook.com/BeckyBanagis Becky Banagis

    Glenn, I sincerely hope you read these.
    I would like to give you 100% credit for changing my life…If you remember, just after Barry got elected in ’08, You gave a VERY STRONG plea for all of us to educate ourselves about what is going on our government. I have…never before, was just going by emails and family who all believe the same, and i just trusted them. BUT your plea, and prayers to reach out to anybody who might benefit.

    It reached me. I am an educated Christian, and prayerfully, I just started researching…and now I can make my own stand with my own facts, except I still feel like a dummie…cuz ya gotta keep it in high gear with everything happening so fast…there aint no know it all’s in this situation…

    But thanks so very much. My voice is listened to because I am trustworthy…People trust me like i did my family. They, in turn, educate themselves more…You are the star of “Pay It Forward”! God bless you, Glenn…You have been in my prayers ever since the first time we “met” on Fox News!

  • http://www.facebook.com/BeckyBanagis Becky Banagis

    I do, Hon…before I post I look it over…and listen to everything I post…

  • mdkrause

    Glen you asked who elected the people of the IMF.  Who elected most of the EU?  many of these scum were never elected by the people of most of the countries.  The EU will fall and it’s coming very quickly.  The people of Britian want out and the EU said they can’t leave  Really  Watch

  • mdkrause

    That money doesn’t belong to you   EXACTLY!    that is EXACTLY what liberal gov. believe. You can tell if your MP’s even City officials anyone of any political power.  They think we work for them, they bring out these laws and we should all step inline and just Yes Sir. We work for them.  They can’t understand how or why we don’t like  more and more taxes. They think that money is theirs also. 
    F^(&(*&^(*&^( SCUM  Libs. and their Gov. 

  • Anonymous

    Corrupt people voted for corrupt leaders and here we are.

  • http://www.facebook.com/bry.hirsh Bry Hirsh

    When gas hits over $4/gallon, this economy will shut down within 3 mos.

  • http://www.facebook.com/BeckyBanagis Becky Banagis

    We are totally infiltrated…GOD BLESS TEXAS!

  • Anonymous

    Why is Germany a stable economy?
    Because is not full of O-zombies. 
    Germany is and forever will be WHITE, ANGLO-SAXON, & PROTESTANT–the way GOD intended it to be!  (LOL. Just a little racial jab there, for the Libt*rds among us…)

    We all know the TRUTH about what’s happening, and the TRUTH WILL SET YOU FREE.

    Uh-oh… Hope we’re not on the DRONE LIST now, because of our little WASP joke!

  • http://www.facebook.com/BeckyBanagis Becky Banagis

    I don”t know how to go about it, but I want out of the banking system…I want to look at my money…not take a chance on our government sticking their fingers in it…I ONLY GET my deceased husband’s DISABILITY…and I am disabled, but social security said I would get more money taking his…I pay on income tax, $200 a month…Child support on a grown 42 year old man because he got shot at 23 and is paralyzed…I would not ever take money away from my step son…but MY HUSBAND IS DEAD!!!!!!!!!!!!!! They sent a notice that it was over, and I haven’t been able to get it stopped…that is $300 a month…I live on $1200…I want my few cents out of the bank…

  • http://www.facebook.com/BeckyBanagis Becky Banagis

    My step son’s mother is wealthy…

  • Anonymous

    I’m lucky to live in a neighborhood, even a small city, of like-minded people.  Most of us have a lot of food storage, most of us belong to the same church, and have excellent religious leaders who are instructed in what to do in a crisis situation.  If the pieces of garbage continue down their current path, and we are headed to Hell in a handbasket, I don’t think that my family and I could be in a better position.

  • Anonymous

     And it makes your money smell delicious!

  • Anonymous

    When you’ve got a bunch of Liars and Cheats–who are constantly changing the rules to favor their own greed and lust for power–running things, EXPECT ANYTHING.

    Or, as the saying goes: “When you sup with the Devil, you need a long spoon.”

  • http://www.speakthewordnow.com Karen Rose

     Jesus said…do not fear, believe only. Believe what? Believe in what He has said in His Word. You need to read it and find out what He has said.

  • Draxx

    Yep, you first have to be able to help yourself before you can help others…  We need to help ourselves (America), and worry about others later.  One of the first things I learned as an Army Sergeant was, you cannot save everybody…

  • mspatdev

    And everybody doesn’t want to be saved.  They are freeloaders.  Obammy has signed Executive Order #13524, he is using foreign cops to bring Martial Law to the USA. Headquarters in in Alamorgordos, NM with the German Air-Force. We are under the U.N. Jurisdiction under the U.N./N.W.O. (New World Order). This has been going on since 2007 and 2008.

  • mspatdev

    Amen, Amen,  I agree.

  • Anonymous

    And how many realize that the skyrocketing prices of our groceries and other essentials are linked to the skyrocketing price of fuel to transport those goods?

  • Anonymous

     “…..how sad are these people!”

    Don’t you mean how MAD (mad as in CRAZY)?

  • http://youtu.be/0iRCvDwF26Q Sam Fisher

    I bet they did. They just hiding the fact behind closed doors.

  • Anonymous

    Did you get that message thru the fillings in your teeth again?

  • Anonymous

    Hmmm, gas has been going down all week all over the country according to the news, and hey, look, housing starts up 6%, and the market looks like another record breaker today, looks like you guys are going to miss the boat again as you piss and moan about some stupid postage stamp-sized country.  Have a good cry, Beckbots.

  • Anonymous

    The liberal left are so busy trying to spend our hard earned money, wait until it hits here.  They will be the first at the banks to withdraw their money and hoard it.  They certainly want our money.   When the coin flips wait to see what they will do.  It is all about the old dollar when it is not theirs.

  • Anonymous

    We have to partnership with Israel and stay with them until the end.  They are the only ones who are most like us not only living like us, but were created like us.  (or we like them)…

  • Anonymous

    That is not nice.  Just wait!  Read Revelation and you will see what it is all about.  Not going to be pretty, and you’ll want days back that are good, you know like it was back in the day.

  • http://www.facebook.com/michael.l.toups Michael Louis Toups

    its time america wakes up and dismantle those who are dismantling america, . many people dont realize that the IRS , US TREASURY , FEDERAL RESERVE are all angents of  IMF, they are not true government agents of america 

  • useyourhead4

    I wonder if we can get Rand Paul or another to get Eric Holder and his Boss to publicly state that our government would NEVER under any circumstances do something like this.  

    This Cyprus matter may be a trial balloon and blueprint for other Central Bankers and Governments to solve their revenue problems, not by addressing the root cause of our slow growth/no growth economies of spending too much, but by stealing the wealth of those who worked, saved, invested, took risks, and lived a self reliant life by living within their means.  Government is the problem and not the solution so, better to, “Trust, but Verify”!!!

  • http://www.facebook.com/Brownink09 Frank W Brown

    Get the US out of the UN and the UN out of the US, screw the world, we’re in deep shit here! Until we get our shit together, the rest of the world can go pound sand! NWO on the way, what are YOU going to do about it?

  • Anonymous

    Honestly everyone should cash theirs all out right now. At least get something out of it, forget how much they tax it when you cash it out, at least you’d be getting SOMETHING back.

  • http://twitter.com/fawnday Dawn Brayton

    If the bank account tax plan were to come to America anyone who gets money from the government would also have the government tax the money they just deposited into people’s accounts? That would be pretty strange. Sort of like a reverse rebate.

  • Kanak Attack

    And that’s why nothing in this country ever changes.  People like you make up the majority and don’t have the intelligence to actually look at the numbers behind all those claims.  We’re headed straight into another bubble-burst and when it happens you and others like you will want power-hungry dictators like Obama to save your skins just like what happened with the last one.

  • Anonymous

    I agree with june 69 u r so right

  • http://profiles.google.com/staxjp ben aflek

    The government should just say they own everyone and everything already and just get it over with, this is where they are going with it all after all.

  • http://palinsdirtylittlesecret.blogspot.com/ CovertWarOnAmericansLeakedHere

     Sad that the media cannot report on what’s really going on.

  • http://twitter.com/AB29_ AB29_

    Glenn, please don’t call it tax, this is government administered theft. The money in peoples accounts has been earned after having been taxed and devalued. Once it’s in your account it’s yours and not for the government to help themselves.

  • http://www.facebook.com/mdiazdelgado1 Mayleen Diaz-Delgado

    And this is why we have so many preper and they think we are becoming terrorist  actually no, we are preparing for the worst and we are making sure we are armed and that we have food in the house. because once something big happen you have to look out for your family and your self.

  • ThorsteinVeblen2012

    Glenn,

    You didn’t mention that Cyprus is notorious as a place were Russian Oligarchs hide their money.

    Germans and the rest of Europe are reluctant to bailout banks filled with laundered money.

  • http://www.facebook.com/profile.php?id=678028893 Resa LaRu Kirkland

    My dad signed on to be a Federal employee in 1973, as a Federal Probation officer.  The reason he did so was because of the retiremnt program, that would take taxes out a he deposited each payday so that when he retired, he would have over$50,000 to pull out for retirement, with taxes already paid.

    Apparenty in the 80′s, congress decided that raiding Social Security (which is unConstitutional but has been going on for over 40 years anyway) wasn’t enough to cover their alcohol and prostitute bill, so  they snuck in late one night and passed a law that allowed them to snatch taxes(at windfall rates) from fed workers when they retired and pulled the money out (double taxation, also unConstitutional).  This entitled them to tax at the point of deposit and tax again upon retirement.    They fought it all the way to the Supreme Court, who had no choice but to uphold it because of the sneak-in-middle-of-the-night-passage of the law. 

    BTW:  Congress’ justification for this was that that money wasn’t actually the money of the worker, but only “represented” their money. That pile of pig puckey, something absolutely no one has ever been able to explain to me or themseves understand, was how they managed their drug-stupored theft of billions from workers who had trusted them, signed the contracts, and woke up one day to find half their money gone into the anal cavities of those…well, ANAL CAVITIES who never stop trying to find ways to cleanse their filthy lucre lust.

    And we continue to allow it.  So I guess the real evil here is in those the Constitution gives the power to:  US.

    My dad lost $22,000 of his $50,000 when he retired.  As a result, all of his plans for retirement were shattered, and he died utterly broken, hugely in debt to the IRS, lost his home and pretty much everything.

    This is why durng prayers Heavenly Father told me log ago, even before I was in college, to avoid the stock market, and never put savings into the bank.  He literally told me the day would come when Congress (nickname for Satanic Bowel Movements) woud pass laws and sneak in and do what they did to my dad and the federal workers:  take most or all of it, rationalizing it in the name of “the people.”

    Welcome to “the day woud come.”  WARCHICK

  • Marie

     You’re just an idiot who believes the lies of the mainstream media.

    I hope you suffer the most when the Democrat created catastrophe collapses this country.  You deserve it.

  • Anonymous

    Wow, Coca Cola up almost 2%, made a bundle.

  • Anonymous

    Yeah, a big beast is going to fly out of the sky and throw all the queers and Jews into a Lake of Fire, bet it’ll be on HBO.

  • Anonymous

    Yeah, Obama, dictator, got it. Hey, my bio-tech stocks are thru the roof, and unemployment went down, didja hear?

  • Anonymous

    So far it’s only been Republican created catastrophes, you got Bush’s market crash and TARP bailout, you got the Tea Party’s “debt ceiling” fiasco that put the country’s credit in the trash two years ago, and now we got Tea Party butts kicked in the last election and everything’s headed up.  World’s just not working out to Beckbot Predictions now, is it?

  • Anonymous

    Yeah, communists, got it, commies everywhere. Commies here, commies there, commies, commies in your hair, even commies in your underwear.

  • Anonymous

    Actually , the value of the dollar has been rising because right now the US has the strongest economy of all the western countries right now.

  • Anonymous

    Yes, you should buy Beck’s gold scam.

  • Anonymous

    Yeah, Obama just gets to do that, the Congress will just stand there and stuff. And the voters, what would they care.  Myself, I’m not going to be sucked in by the gloom and doom stuff, I’m going to invest in a growing, prosperous America, as it becomes more free and diverse and more open to markets instead of bullets as a way to solve our problems.

  • Anonymous

    Yeah, so don’t fucking vote for them then.

  • Anonymous

    Yes! Buy Glenn’s gold!

  • Anonymous

    Fuck you, you racist piece of pig shit

  • Anonymous

    Don’t confuse these people with the facts.

  • Anonymous

    Hah-hah-hah! Seems we got a rise out of the local RACIST Libt*rds!
    LOL!

  • Anonymous

    Or you could mind your own business you troll piece of shit. But you won’t, will you.

  • Anonymous

    Could we please just cut the hand-outs to other countries before increasing taxes on American citizens? Every time I look at my paycheck I hear about how America just gave millions to one country or another. This has to stop.

  • Anonymous

    Have you been to Germany lately? Try walking down main street in Stuttgart. It’s not that white anymore. Europe has been dealing with immigration longer than the U.S. has

  • Anonymous

     OK, have you been to Germany lately? Try walking down main street Stuttgart. Many are wearing Burkas and black robes. Not the Germany I remember.

  • Anonymous

    P.S. Borrowing a tactic from “SAUL”–the only effective response to the endless whining about RACE and knee-jerk label of “RACIST”: RIDICULE!

  • http://www.facebook.com/people/June-Gagnon/1673686634 June Gagnon

    Does that old saying “Charity begins at home” mean anything to anyone here?

  • http://youtu.be/0iRCvDwF26Q Sam Fisher

    The economy went up to.000002% recovery! Liberal logic people.

  • Anonymous

    Hmm, market up 150 points in two days, looks like the market is laughing off the Beckbot Doom and Gloom Gang:

    http://www.fool.com/investing/general/2013/03/19/the-dow-staves-off-a-case-of-cypriotitis.aspx

    Fools.

  • http://youtu.be/0iRCvDwF26Q Sam Fisher

    Yah and the economy shrink by half last year and is projected to lose two 2% more but go ahead be an idiot. http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/23/the-u-s-economy-is-slowing-down-and-8-other-takeaways-from-the-new-imf-forecast/

  • greywolfrs

    You wouldn’t know a fact if it walked up, kicked you between the legs and gave you a fat lip.

  • greywolfrs

    Yes! Sit around with your Federal Reserve notes and think you are secure, dunce.

  • greywolfrs

    You an idiot of epic proportions.

  • http://profiles.google.com/santababy5.2 Laura Thompson

    I tell my friends and even family that Glenn provides good and truthful information and everyone thinks I’m nuts when I talk to them about what he says and what he has said in the past that has all come true.  When will the world will people start listening to what he says? He has a record and it is pretty good percentages of truth-fullfilled events that have happened that he said would happen.  I do the research like he says to do, but I trust what he says.

  • http://profiles.google.com/santababy5.2 Laura Thompson

     So far in TX, from one afternoon to the next morning, the 7-11 went from $3.51 to $3.69 per gallon yesterday.  What part of golden brick road are you traveling?

  • http://www.facebook.com/profile.php?id=678028893 Resa LaRu Kirkland

    You and me both, Laura!  I’d give my left nut to work for his AMERICAN DREAM LABS here in Lehi, UT, but can’t seem to get through to them!  I’m a perfect fit, as a big mouthed broad who doesn’t know when to shut up, and doesn’t feel the need to.  If anything we need to speak up MORE!  WARCHICK

  • Anonymous

    “The island nation of Cyprus is now considering a 10 percent tax on every individual savings account in that country. They’ll take 10 percent of your money right out of the bank. To which President Obama said: ‘You can do that?’” –Jay Leno

  • Anonymous

    Wow. Market up ANOTHER 100 points. Gold down again. US Economy picking up steam as Cyprus crisis ends…..

    Bummer for the Bad News Beckbots

  • http://youtu.be/0iRCvDwF26Q Sam Fisher

    It went down 90 last night so a growth of 10 in two day’s really numb nuts really proof of recovery really.

  • http://www.facebook.com/thatdrumguy Chris Dupuis

    “The tax, however, is intended to send a very important message, and here it is, and it’s not meant just for the people of Cyprus. It is meant for you as well, and here’s the message: That money doesn’t belong to you.”

    Remember when the pharisees brought the question up with Jesus as to whether they should pay taxes to the Romans?  Jesus asked them whose picture was on the money, and then said to give unto Caesar that which belongs to Caesar.  That’s what this made me think of.  Money is not yours…be careful how much trust you put in it or in men in general.  A Godless society is a truly lost society.  Especially when that society has prospered for the past 236 years by the hand and grace of God, and no, Newt, not because of American “exceptionalism”.  ;)