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Should the Government Be Able to Tax Your Savings?

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  • Description

    FBN’s Gerri Willis on impact of Cyprus’ possible taxation of bank accounts.

  • Duration 7:33
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-- You still have a specialist -- Margaret somewhat from -- -- muscular.

She.

Was sort of them from -- part of the plot as a downward journalist.

1 missiles good morning are -- I'm very -- Harry you Omar -- -- -- speculated on what you're happily America aren't we I am happily married nineteen years in June.

Really really.

Well versed on an album he targeted Tom Tom.

What do you have the -- -- release.

And as to -- until my order and he's -- she's very just bought a term person Scott -- all right.

There's a measured by a rocket -- and house projections.

I like those very attractive.

How much they say it back and expensive started 500 dollars they're expensive.

I wouldn't pay that much for -- calculated well I didn't develop I've won I didn't want her but I didn't pay any attention.

Canada and asked how much their world and took my credit card.

And I noticed -- -- some sense as critical to being good consumers and knowing the price of things that.

But one -- ordered on the Arab looked on the -- -- we don't -- is or women's vote.

Only.

If they don't look like women's you know.

Pretty is on them now that you may you don't have the messiah love -- of no we don't.

In a -- -- Jamaican mrs.

Sheryl mega thing lots of confidence in the woman and that's so what got ambush -- gym -- you know.

-- really pouring their brown they've got pretty stitching on them.

Why ignoring sick I mean they're not 3500 dollar bits and violence and make -- I can't remember a bottom at one of those stores in Scottsdale where they sell that's all they sell.

Limit your parent Longoria -- Wisconsin playing golf when you're gonna go on now but I like -- -- -- election masters.

And if any sporting -- -- on television I watch water is Bubba gonna do it again.

-- Yeah I don't know I do like him know she touched undecided real first name -- Question I think it's mom calls -- ground.

Doesn't mean it's Israel name now bottle on non Herbalife -- myself current and I don't I'm not I don't support -- -- -- on her watcher of.

-- Or however hammer however you know so I -- my sovereign -- harder ones -- and he's fun to watch.

He really is I mean it's a love hate relationship.

On the one hand when -- and for what he did on the other hand he's just so much fun to watch what he's doing well and he wears everything on his face.

But he apparently -- on optimal I guess you -- Marco were known.

Thousand dollars or -- -- -- occasional function well if money -- a clue she's happy so you'll and Connell we're talking about.

-- -- Yeah we're talking about cypress.

Parts of -- term -- don't tell me.

Well I'll tell -- it said it's frightening for this reason because it's the way it's being described in the media is that.

People who put their money and banks are being asked to participate in the bailout of the banks are not being asked they woke up 1 morning and 10% of their money was gone that's what's going on there.

-- they're confiscating.

People's money -- going out and taking.

And and there's no rule block that happens that's why the markets -- -- -- -- four ruling came.

Or your your IRA your your the money got saved up for cowboy boots mama gonna put -- what they did it here which I don't think.

But the market -- already trading down together.

-- So those of salt so how would it manifests itself funeral but -- from.

This stocks are -- trading day on trading lower.

The more QEU saw this all last year right under him with having all kinds of problems as stocks were terrible stocks didn't perform if that doesn't hit your savings your retirement savings I don't know what -- the vendors saying that the government -- the bank officials and Cyprus.

Said the people have money in -- bank protect and -- money.

We're taking your money and they think you know -- Happening here here's here's the subtext in at least talking about this morning as -- is where this -- places where people to do things they shouldn't park their money like.

Russian criminals -- So everybody's like well so we give them a 10% 30% haircut who cares -- gonna do complain because they're actually just laundering money here in Cyprus.

So we don't -- -- monitoring.

I care that stocks are down this morning stocks right here in this country are down this morning because of what's going on -- -- so it does affect me.

And our patent.

The market's -- -- -- latest has been doing remarkably well on -- I'll come on now and other.

-- were only back to where we were essentially five years ago -- -- 151000 Chile's 161000.

Ivan tread water for five years now.

I wanna get some real and I'm going -- Clinton and reduction out of me and -- at all and angry and that's the only way you can hear me.

Not the ordinary your -- -- -- much.

The governor's scare there I'm and I told them a senior citizen.

Or else and I don't you look great time and I don't you know all of sources -- frightening number -- These are drawn -- out of Portugal -- You know you're a sports event on -- above -- on -- and about.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Honored -- -- like also like to watch golf.

But I'm not.

I know you're really into this and -- thing.

I think it's a budget pituitary cases.

Guys to get a lot of not free money for enough and -- I'm dissent and -- I'm not sure that I'm not -- and I'm.

And -- were forced -- Tony.

Conducts -- the of the -- from -- -- pool.

Which by the way interest authority or solicit charges money because now scores in those you know I don't want to know and and have broad enough -- to do that.

But there's always a gigantic pool.

Somebody could win but nobody ever -- some monitor -- some barriers -- system.

1800 IRS so bode will you will global somebody ask you to fill out a bracket.

Oh lord I wouldn't even know how it started I've ever ask you.

Yeah I usually handed to somebody and have and you know what happens is usually the person who knows the least about -- winds well I'll I.

I'm qualified then.

And so back to serve one final service brushing the Cyprus learn more -- now.

From in the markets the markets down now along are gonna continue along well I think they're back.

Tracking I think -- headlines even right now that they're thinking about should they keep changing ratcheting around those numbers on the on the tax rates the confiscation rates so we'll see where it -- But dead one lesson that is Germany is running everything over -- if you wanna know what's happening that's the country to watch.

Minimum whatever they do bring him a traditionalist on -- lost.

Yet.

Scary and and what's really started well -- -- somebody -- -- formally announced fisted about all of us.

There's -- it is is the effect of the -- other countries have on us.

Well I can remember published last summer bottom was -- no factual -- -- complaints.

-- spend a shame on them.

I now well you know you see.

Supposedly supposedly all these American companies are having great results most of those great results -- from overseas it's not hear that they're making their big samples.

On great journalists and -- -- program has lament a startling hour.

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