is this theft ?

[Boeing Guy]

Agreed, however Greece is in a terrible way, with nothing to look forward to.

In crisis-ravaged Greece, ?laughter clubs? are booming

It is in Greece's interests to exit the Euro, you don't print new money, just shut the banks for 3 days, stamp all the euros your going to put in the cash machines. bankrupt the country, just as Iceland did (and is doing much better now....) , ignore your debts, start again.
it will be messy though and when, I am sure it will come, we will have a Europe wide mess on our hands, as it will signify the end of the Euro

[MargaretR]

Some very humourous comments in this latest version of the Hitler rant

Hitler Bails Out Cyprus - YouTube

[MargaretR]

When you prod a bear with a pointy stick, don't expect him to roll over and wait for his belly to be tickled.

Putin criticizes Cyprus' new "dangerous" savings tax | Russian Legal Information Agency (RAPSI).

Russia Sending Permanent Warship Fleet To Mediterranean: Is A Russian Naval Base In Cyprus Coming Next? | Zero Hedge

[jaysay]

Originally Posted by Margaret Pilkington

This raid on savings could have disastrous consequences...with people all over the Eurozone taking money out of the banks, the system will collapse
I am bound to ask if the single currency is worth all the effort...and my answer would have to be NO.
If the countries which require a bailout were allowed to leave the single currency and revert back to their own monetary systems, they could devalue their currency, this would make holidays cheaper/more competitive/attractive, and would bring in tourists......work for those who have no jobs...the countries would be in charge of their own destinies and could even promote fiscal growth.....and the resentment that is felt by the people of the PIGS and Cyprus would fizzle out.

There is a lot of resentment in these countries, at having edicts foisted on them from the EU...especially while the EU mandarins are seen squander money like it is going out of fashion.

Makes you think how lucky we were keeping the £, the only think we have to do now is convince our politician in Westminster (when he's there) that the people who elected him would like to stick two fingers up to the European union and get back to reality, I won't be holding my breath

[Barrie Yates]

Originally Posted by jaysay

Makes you think how lucky we were keeping the £, the only think we have to do now is convince our politician in Westminster (when he's there) that the people who elected him would like to stick two fingers up to the European union and get back to reality, I won't be holding my breath

Now, now Jay - Sir Ken says GJ spends every waking hour working in Parliament or his constituency - Perhaps Sir Ken will care to comment on this and tell us what the justification is

[cashman]

Originally Posted by Barrie Yates

Now, now Jay - Sir Ken says GJ spends every waking hour working in Parliament or his constituency - Perhaps Sir Ken will care to comment on this and tell us what the justification is

I would think, yeh got more chance of being struck by lightening.

[jaysay]

Originally Posted by cashman

I would think, yeh got more chance of being struck by lightening.

He only comments when he thinks he has a chance of scoring a few points, hasn't commented on my Granddaughters problems with her council tax payments

[accyman]

Originally Posted by jaysay

Makes you think how lucky we were keeping the £,

the problem is our government past and present insists on sending them £'s to bail out these euro lot

[Boeing Guy]

Well who would have thought it.....
BBC News - Cyprus MPs reject EU-IMF bailout tax on bank depositors

Cyprus rejected the bailout, now lets see who's got the biggest ........

My feelings, well I will let this quote say it all for me:

If you’ve been waiting your entire life to witness the pure, un-adulturated, distilled essence of FUBAR, your dreams have been answered: for behold Cyprus!

For in one fell swoop, the with their monster mash of a bailout-bail-in of Cyprus, the Eurotards have succeeded in: gutting the rule of law and due process; riding roughshod over democratic institutions; increasing the risk of a catastrophic bank run in the event any Eurozone country (e.g., Spain) is believed to need to seek assistance; and sparking a huge diplomatic row with Russia. *Well played! Well played, indeed!

[Margaret Pilkington]

Says it very well...very well indeed.
I wonder if Brussels will get the message?

[Eric]

Originally Posted by jaysay

Makes you think how lucky we were keeping the £, the only think we have to do now is convince our politician in Westminster (when he's there) that the people who elected him would like to stick two fingers up to the European union and get back to reality, I won't be holding my breath

Wasn't Gordon Brown Chancellor when the land of Uk decided not to adopt the € ... you remember, don't you, it was during the 13 years of etc. etc. etc.? Of course, it was just bs luck

[Margaret Pilkington]

Yes, Eric, you are right......and I think that was, perhaps, his only laudable action.

[jaysay]

Originally Posted by Eric

Wasn't Gordon Brown Chancellor when the land of Uk decided not to adopt the € ... you remember, don't you, it was during the 13 years of etc. etc. etc.? Of course, it was just bs luck

He daren't have done anything else, or the BP would have had his guts for garters long before they did

[jaysay]

Originally Posted by Margaret Pilkington

Says it very well...very well indeed.
I wonder if Brussels will get the message?

Since when has Brussels listened to anybody Margaret

[MargaretR]

A bank robbery on the same lines as the Cyprus plan is being arranged in New Zealand.

National planning Cyprus-style solution - Greens | Voxy.co.nz