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  Alexander - not sacrilege what it is, is:
  1/ Theft
  2/ Morally unjust
  3/ Economically disastrous
  4/ Just plain mad and it simply would not work they way you think
  
  We are suffering as a result of having a government that was incapable of managing the finances properly, they did not eliminate the deficit and repay debt during the growth phase when their economist hero Keynes said they should, but increased deficit spending instead. So why on earth should people have their assets stolen?
  
  You have to remember as well that the amount of debt the government has is a problem but the big problem is the vast amount by which the government still continues to overspend. A one-off theft of private assets will not solve anything and will not prevent the cuts that are necessary.
  
  I will not go on about how such a move would rebound on the UK and how there would be many more business bankruptcies and an end to overseas investment. Pension schemes would collapse and the welfare bill would soar. The economy would dramatically shrink further and massive unemployment on a scale previously not experienced would occur.

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