Daily Archives: April 9, 2014

MMNews – EU Want To Crack Open Safe Deposit Boxes – 9 April 2014

MM News – EU will Schließfächer knacken

Quote original German:

Geheimpapier: Brüssel plant noch in diesem Sommer EU-weit alle Schließfächer gewaltsam öffnen zu lassen. Grund: Steuerhinterziehung. Neben Bargeld suchen Fahnder auch nach Edelmetallen. – EU-Finanzkommissar (Olli Rehn): “Wer nichts zu verbergen hat, braucht nichts befürchten.”

http://www.mmnews.de/index.php/wirtschaft/17680-eu-schliess

Translation by Lucas:

Secret document:  Brussels plans to open all private bank lockers/ deposit boxes this summer in the whole of the EU. If necessary the lockers/boxes will be opened with violence. The reason: tax evasion.

Next to cash investigators will look for precious metals.

EU Finance Commisioner (Olli Rehn): “Those that have nothing to hide will have to fear nothing.”

 

 

 

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TheIndependent – Greece Is Open For Business Again – But Critics Suggest Visit Of German Chancellor Angela Merkel Is Behind Bonds Sale That Will Cost More In Borrowing – 9 April 2014

The Independent

The Athens government’s attempt to raise billions of euros on the bond markets is being taken as a sign that the worst of the crisis may be over. But the mood on the streets tells a different story

Quote: After almost six years of economic turbulence and misery for many millions of people, the Greek government has signalled that perhaps the worst was over as it announced that it would return to international credit markets.

Read the full story at: www.independent.co.uk / link to original article

DealBook – European Official Urges ‘Say On Pay’ Requirement For Boards – 9 April 2014

DealBook

DealBook – $800 Million Penalty For Bank Of America Credit Card Practices – 9 April 2014

DealBook

ZeroHedge – A Year Later, Cyprus Still Has “An Emergency Situation” And Capital Controls – 9 April 2014

ZeroHedgeSubmitted by Simon Black via Sovereign Man blog,

Imagine that your country and banking system are so broke that you have to receive approval from a special committee just to send your own money to your kids who are away at university…

Crazy, right?

But that’s exactly what’s going on in Cyprus. And it all happened overnight.

Just over a year ago, people across Cyprus went to bed thinking everything was just fine. They woke up the next morning to a brand new reality: their government AND their banking system were flat broke.

In collusion with other European powers, the Cypriot government FROZE bank accounts across the country. Suddenly an entire nation had no access to their savings.

Read the full story at: www.zerohedge.com / link to original article

ZeroHedge – An Iowa City With A Population Of 7,000 Will Receive Armored Military Vehicle – 9 April 2014

ZeroHedgeSubmitted by Mike Krieger of Liberty Blitzkrieg blog,

I’ve covered the militarization of the domestic police force on several occasions on this website. For those of you who need a refresher, I suggest reading the following:

There are Over 50,000 SWAT Team Raids Annually in America

Retired Marine Colonel to New Hampshire City Council: “We’re Building a Domestic Army”

Read the full story at: www.zerohedge.com / link to original article

GM Fined $7k A Day For Refusing To Answer Ignition Questions – 9 April 2014

RT logoThe US government is penalizing General Motors to the tune of $7,000 a day for failing to properly respond to its questions regarding the company’s recall of 2.6 million cars built with faulty ignition switches.

In a letter to GM, the National Highway Traffic Safety Administration said the company missed an April 3 deadline to provide information on why it did not recall defective vehicles until this past February, when it first learned about the flawed ignition switches 10 years ago.

According to the letter, GM has not responded to more than one-third of the NHTSA’s 107 requests for information. As a result, the company has been hit with a $28,000 fine that will only get bigger the longer it waits to respond.
Read the full story at: www.rt.com / link to original article