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Time to leave; Mailbag letters also appear online at Mailbag.

WE HAVE been aware for years that the EU, at best, only pays lip service to the ideal of democracy.

Many, particularly after developments in Eire, Italy, Spain and Greece, have accused the EU of being an autocracy.

Now, following events in Cyprus, it is absolutely clear that the EU in its 'Eurozone' guise is neither more nor less than a full-blown kleptocracy founded on the premise that private property is there for the State to confiscate.

There is no other interpretation to be placed upon the state seizure of a substantial part of the relatively modest (above PS85,000) deposits of private individuals, held in properly licensed banks.

If you think this only affects "the rich", just consider the case of someone who is selling a very modest house in order to move up the property ladder.

Most often there is a time when a solicitor holds a balance of more than PS85,000 in trust and it is mandatory to hold this in a bank account. Now, at least within the Eurozone, such a deposit is at the mercy of the state.

This level of state kleptomania has only previously existed in the former USSR and other Communist states or in the premodern Kingdoms of mediaeval Europe. Now, it is the working model for the EU when facing financial problems. I have never trusted the EU and have often complained of a lack of democracy, but even I am taken aback at the confiscation of private money in Cyprus. The robber barons of Olde England had nothing on this lot.

I'm not sure just how much evidence our political leaders require before deciding that the best thing to do is withdraw in an orderly manner from the EU.

Certainly, I cannot understand the reluctance of the elite to grant the people of the UK a referendum at the earliest opportunity.

In case David Cameron is reading this, 2017/2018 is NOT the earliest opportunity!

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Title Annotation:Letters
Publication:Huddersfield Daily Examiner (Huddersfield, England)
Article Type:Letter to the editor
Date:Mar 28, 2013
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