Thousands of employees occupy Bank of Cyprus headquarters

[ellenrr]

Thousands of employees of the Bank of Cyprus have occupied Nicosia headquarters to protest at a restructuring deal within the EU bailout, fearing that the merger could result in job cuts.

http://www.presstv.ir/detail/2013/03/27/295370/cypriots-occupy-bank-of-cyprus-hq/

[sabrina 1]

1. What a disaster this 'austerity' garbage has created everywhere.

And the formula is always the same. Take away each country's sovereignty by appointing an 'administrator', often someone with a Goldman Sachs background. No invading army could have taken over countries as efficiently as the Big Banks have done.

Next, sell off their national monuments and energy companies to foreign investors.

It's almost as if some huge powerful entity created this 'crisis' in order to take over the world.

And they're working on it here with their fake 'deficit' crisis and phony 'commission' that seems to have done little about the deficit but talks a whole lot about cutting Social Programs.

To continue to force these failed programs after years of evidence that they are so destructive, on countries, can mean only one thing, it is deliberate. Either that or lunatics have taken over.

[dixiegrrrrl]

5. " it is deliberate."

Of course it is deliberate.
Look at how organized ALEC was, and used in state after state after state.
Meanwhile, the states/countires which are not currently in the same mess just figure "it won't happen here"
until it does.

Ha..I remember so clearly when folks were pointing to "Global Control" and being laughed at.

[antiquie]

6. Global Control

still cannot be mentioned except in this group and that strange one.
I continue to get smirked at.

[Demeter]

2. I'm not sure what they think they can get out of that

Their 1% has sold them down the river already.

[sabrina 1]

3. Yes, they have been criminally sold out. What needs to happen

soon before there is nothing left to fight for, is that people all over the world unite, go Global, strike, demand prosecutions, name the criminals, file Global Class action suits against Goldman Sachs et al, but it will need to be a Global effort because we are all dealing with Global Cartels whose practices make the Mafia, or former invading armies, look like child's play.

The reaction to any effort by the people to finally put a stop to their criminal takeover of all these countries is likely to be brutal.

They certainly went wild over OWS, it seemed out of proportion until you realize that the biggest threat to their criminal schemes IS a uniting of the people in very large numbers, against them.

[dixiegrrrrl]

7. When that Ducth EU member said Cyprus was a template..

he pointed to the lack of revolt/riots/even loud protests in Cyprus about the bank closings and the rip-off
as one reason to support the idea of a "template".

I point to this:

"...But whenever we see things done wildly, but taken tamely, then the State is growing insane..." - Gilbert Keith Chesterton 1910

[sabrina 1]

8. Not very smart of him to assume that. There is intense anger everywhere,

all it needs is a spark to ignite it. He needs to look at history. These changes do not happen out of the blue. There is always a catalyst, a confluence of events when everything seems to come together, things that have been simmering, suddenly boil over.

He should take a look at how things were before the American Revolution or the French Revolution. I am sure the Brits wished they had paid more attention to the signs, which they were getting for a long time. They ignored them, they were arrogant, just like the French, secure in the belief that the people were sufficiently 'in their place' not to go beyond their polite requests.

And things were nowhere near as widespread with the potential for so many more people to join the explosion when it happens.

But let them keep thinking that way. They are off guard, although I'm sure they believe they are prepared, robo cops and all.

[limpyhobbler]

4. Here's another report on this from Reuters

http://www.reuters.com/news/video/videoStory?storyID=58217743

Bank of Cyprus staff occupy its headquarters (1:29)

Fearing for their jobs. Thousands of employees of the beleaguered Bank of Cyprus occupied its headquarters in Nicosia Tuesday. The country's biggest commercial bank plans to absorb the second largest bank, Laiki, also known as Cyprus Popular Bank, and now workers fear they will lose their jobs in the merger.

(SOUNDBITE) (Greek) STAFF MEMBER, ANDREAS VASSILIOU, SAYING: "The workers of the Bank of Cyprus have shown once more that they are demanding their rights. We are carrying out a very dignified and peaceful protest and it is only to secure the rights of the employees of the Bank of Cyprus." The bank restructuring is part of a painful bailout deal the government struck with the European Union. Cyprus is trying to save its financial sector after it ran into trouble when its investments in neighboring Greece went sour. But the leadership here has provided little information on the bailout, or the bank restructuring, leaving workers confused about their future.

(SOUNDBITE) (Greek) STAFF MEMBER, PANICOS STELIANOU, SAYING: "If their only goal right from the start was to destroy the banking sector of Cyprus then it looks like they found the way. After Popular Bank it will be us and even worse after that." The chairman of the Bank of Cyprus resigned Tuesday, becoming an early casualty of the financial turmoil that has gripped this east Mediterranean island nation.