Reply to: EU considers wholesale nationalisation of private savings

[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.

[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.

[Zero Liability]

Funny that. Socialists say it's a 'neo-liberal' experiment.

They don't like claiming ownership for any of the effects of their ideas. They are far better at deconstructing their way out of problems than the right as a whole is.

So they've mangled our word - the bstards!

Well in European usage, libertarian has associations with socialism, whereas liberalism has associations with laissez-faire. Americans, as usual, reverse this around, but the usage of these words has changed so much over time that it's pointless trying to rehabilitate any of them to their original uses. I rarely want anything to do with people who call themselves "liberal" in the political sense, nowadays. It tends to be very far apart from the classical liberal movement.

[BlasterBates]

That's interesting, the article I read has nothing to do with the title, I thought it was going to be about the wholesale nationalisation of private savings.

[doodab]

The whole concept of the EU is to take power away from the people because they do silly things like vote for Hitler or George Bush. And instead give it to a small bunch of people who know what is best for you. At the moment the EU is constrained by National Governments but bit by bit they are being replaced.

Once National governments have faded away these people will have the power. Then if they decide to take your pension then they will take your pension. If you try and stop them you will go to prison for breaking the law.

What will you do then? Write to your MEP ?

You do realise you vote for them just the same as you vote for your local MP don't you?

[KentPhilip]

Liberal can mean socialist or it can mean classical liberal, which is anything but socialist.

So they've mangled our word - the bstards!

[Flashman]

It's about making it easier and more tempting for people to invest those savings in the EU. There is nothing in there about nationalising savings at all, that's just a product of the same paranoid "they are out to get us" streak that had you seeing a conspiracy in the met office site yesterday. Yes the EU is autocratic and needs to be scaled back but the idea they are going to steal all your money is just pure fabrication of a delusional mind. You really are potty.

The whole concept of the EU is to take power away from the people because they do silly things like vote for Hitler or George Bush. And instead give it to a small bunch of people who know what is best for you. At the moment the EU is constrained by National Governments but bit by bit they are being replaced.

Once National governments have faded away these people will have the power. Then if they decide to take your pension then they will take your pension. If you try and stop them you will go to prison for breaking the law.

What will you do then? Write to your MEP ?

[Mich the Tester]

But "liberal" is just another word for socialist. The opposite of "libertarian" which is the UKIP ideal.

Liberal can mean socialist or it can mean classical liberal, which is anything but socialist.

[KentPhilip]

Funny that. Socialists say it's a 'neo-liberal' experiment.

But "liberal" is just another word for socialist. The opposite of "libertarian" which is the UKIP ideal.

[Mich the Tester]

Why dismiss the idea that socialists want to steal your money ?, the EU is a socialist experiment after all

Funny that. Socialists say it's a 'neo-liberal' experiment.

[MicrosoftBob]

Why dismiss the idea that socialists want to steal your money ?, the EU is a socialist experiment after all

[doodab]

The harsh light of reality may become clearer to starry eyed Europhiles before long

Their bright morning star may soon become an ominous glittering portent of revelation ...

It's about making it easier and more tempting for people to invest those savings in the EU. There is nothing in there about nationalising savings at all, that's just a product of the same paranoid "they are out to get us" streak that had you seeing a conspiracy in the met office site yesterday. Yes the EU is autocratic and needs to be scaled back but the idea they are going to steal all your money is just pure fabrication of a delusional mind. You really are potty.

[Ticktock]

The harsh light of reality may become clearer to starry eyed Europhiles before long

Their bright morning star may soon become an ominous glittering portent of revelation ...

While wonderful and poetic and all that, it doesn't stop this thread, its title and most of its comments being a complete load of bollocks.

[OwlHoot]

It came from the deep recesses of a paranoid mind. The harsh light of reality doesn't shine there.

The harsh light of reality may become clearer to starry eyed Europhiles before long

Their bright morning star may soon become an ominous glittering portent of revelation ...

[CheeseSlice]

But no doubt Europhiles with savings will be content to see them all confiscated and redistributed, for the greater good.

This is just one big communist wet dream for the likes of this guy: