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Keith, in the past I have advocated trimming private assets that go in the hundreds of millions of pounds.
Confiscating anything above 100,000 euro has never been my proposed policy.
But the EU is bust, many of its banks are insolvent.
And those banks that have been bailed out, such as the Spanish Bankia that got about 100 billion euro from the EU a few months ago, and many others around Europe (and Britain), must repay the bailout loans with the interest, which makes them effectively para-insolvent (heavily indebted and liable to insolvency).
However, the EU has cancelled some of Greece's debt to European and British banks, and no-one has yet called this theft, even though the EU has effectively committed theft by doing this.
It is one reason why Cyprus went bankrupt, because the EU commissars stole 4.5 billion euro of Cypriot money with the stroke of a pen.
How many other banks have had their money stolen by the European Union in this way?
Committing theft by cancelling Greece's loan-repayments to banks of other countries is a way to steal the money of millions - tens of millions - of people who deposited their savings.
