The Australian Cyprus Begins, Opposition LEADER Calls it "shades of Cyprus"

[jubalix]

EDIT "Opposition Leader Tony Abbott has come out with the opening blast saying reforms are ''shades of Cyprus'' and a ''raid on people''.

Read more: http://www.smh.com.au/money/super-and-funds/wealthy-take-a-hit-rest-of-us-unscathed-20130405-2hb4v.html#ixzz2PYfLxoiK


http://www.smh.com.au/opinion/political-news/super-changes-to-hit-rich-retirees-20130405-2haim.html

Change of tax on Super, "401K"... = worse than cyprus becuase you can't get your money out before 65 or 70 maybe and it sets a precedent...

The Gov can not resist that GOLDEN EGG, to underwrite incompetence and stir up class warfare vote

[mai77]

dats kinda massive 

[jubalix]

dats kinda massive 

but so much Smarter by the GOV/BANKESTERS

you cant get at your super until your 65

so no run on bank.....

get you to put money in, then change tax rules to take it off you!!!

can't do a run on the bank!!!

[mai77]

wateva

try it anyway  

[JackH]

So now we have 16.000 disgruntled 2.000.000$+ old people looking for a way to secure the rest of their money after the gov heist. Sweet! More BTC power  

[jubalix]

So now we have 16.000 disgruntled 2.000.000$+ old people looking for a way to secure the rest of their money after the gov heist. Sweet! More BTC power  

Nah it the message it sends

if you have money and this is the 5% with the 95% of wealth get it out

and its the thin end of the wedge

they will lower and lower and take more

Super annuation is to much of a large egg for the Gov not to take to cover up its failings

[nobbynobbynoob]

The survey results are disappointing. Most respondents support the "shades of Cyprus" raids. Aussies, you are disappointing me with such Statism. I still want one of your women though, scarcer than hen's teeth or bitcoins though they are!

[hawkeye]

Superannuation is a big scam in Australia anyway.   

So some people who thought they were going to pay less tax aren't.   I'm not sympathetic.  If you play in that system, and the government changes the rules on you, don't be surprised.  It is not the same as taking someone's savings out of the bank.

[jubalix]

Superannuation is a big scam in Australia anyway.   

So some people who thought they were going to pay less tax aren't.   I'm not sympathetic.  If you play in that system, and the government changes the rules on you, don't be surprised.  It is not the same as taking someone's savings out of the bank.

No its the precedent it sets, this is just the thin end of the wedge

[hugolp]

You set up laws so people leave a big part of their savings in a goverment controlled system, but you promise they will be safe. Then when you need more money you just go and take it. The simplicity is brilliant.

I really wonder if politicians are social geniouses or most people are just retarded.

[Peleus]

Not even close to Cyprus and Tony Abbott is a dick.

Useless thread

[repentance]

Not even close to Cyprus and Tony Abbott is a dick.

Useless thread

Not to mention that when this hit the media the other day the Opposition said that they wouldn't roll back the changes if they come into power.  This happens often here - oppose something when you're not in power but don't reverse it when you're in government.

[Notanon]

Tony Abbott lies through his teeth constantly and evades tough questions. Do not want him leading the country.

[Mike Christ]

50 Shades of Cyprus

[jubalix]

Not even close to Cyprus and Tony Abbott is a dick.

Useless thread

but dicks with your money

[jubalix]

Tony Abbott lies through his teeth constantly and evades tough questions. Do not want him leading the country.

so naive, politicians do this as a job, and you are surprised???

[Notanon]

Tony Abbott lies through his teeth constantly and evades tough questions. Do not want him leading the country.

so naive, politicians do this as a job, and you are surprised???

Yeah, but he makes fuck all effort to appear truthful.

[MikeH]

didn't the opposition propose taking from low income earners instead?

whatever, I've never put anything extra into my super - I never expected it to be there if I ever reached retirement age.

I think the most worrying thing is that Australia is doing this when they were among the least affected by the GFC - imagine whats coming for the rest of the world.

[Mike Christ]

didn't the opposition propose taking from low income earners instead?

whatever, I've never put anything extra into my super - I never expected it to be there if I ever reached retirement age.

I think the most worrying thing is that Australia is doing this when they were among the least affected by the GFC - imagine whats coming for the rest of the world.

A gigantic axe.  The rich are now attacking the poor directly, and transforming the mystic middle class into lower-classmen.  All aboard the Bitcoin train!



Choo-choo, mother fucker!

Knock knock

Who's there?



A mother-fucking TRAIN

[jubalix]

didn't the opposition propose taking from low income earners instead?

whatever, I've never put anything extra into my super - I never expected it to be there if I ever reached retirement age.

I think the most worrying thing is that Australia is doing this when they were among the least affected by the GFC - imagine whats coming for the rest of the world.

A gigantic axe.  The rich are now attacking the poor directly, and transforming the mystic middle class into lower-classmen.  All aboard the Bitcoin train!



Choo-choo, mother fucker!

Knock knock

Who's there?





A mother-fucking TRAIN

Good points all

I always thought super would be taken by GOVT eventually