EU considers wholesale nationalisation of private savings

[doodab]

So they've mangled our word - the bstards!

Historically liberalism has little or nothing to do with socialism. Liberals have tended to embrace some socialist policies in recent times but then so have conservatives, albeit to a lesser degree, because by and large it's what people want and they make themselves unelectable if they don't.

No party will advocate dismantling the NHS for example, at least in public, and no one is going to suggest abolishing state pensions. The convergence of opinion across the major parties on these issues is basically a reflection of public opinion and as such "alternative" or extreme viewpoints are pretty much doomed to insignificance.

The world has moved on considerably since the 1930s with the second world war and subsequent invention of the welfare state. To some degree, we're all socialists now.

[petergriffin]

Can I just remind you all that in the continent banks still pay interest on your deposits, while in UK they are doing you a favour and in some cases they charge negative interests.

Consider also that the money you deposit in the bank is not yours any more, but it's the bank's. You have the right to have it back, but it's not yours.

If you can't touch it, it's not yours.

The alternative to bailing out the banks is to take the depositors' money. Simple and clear. You might not like it, but there's a logic behind it.

The rest is ignorant-pseudo nationalistic propaganda.