Cyprus Banks

[Highlander]

Because I do not recognise that there is a difference between a British Taxpaying Government worker and a British Taxping Non Government worker.

[nichola]

If the government can bail out the banks then they can bail out the people; end of!

[Scunner]

Let's do that then - anyone who has moved to Cyprus, the British Government will put back anything the Cyprus government takes. Cyprus will be taking 100% of it in no time and Britain cash can put Cyprus back on an even keel! Cyprus takes it, the Brits get it back, Britain pays!

Ridiculous.

[Lotty]

Well the way I see it, you take a chance when you put your money elsewhere, but you will have to face the consequences. There are british people all over the world in difficulty but we can't bail them all out? Our government should be in some sort of negotiation with the Cypriot govt. but that's about the best they can do for people who have chosen to invest elsewhere.

[nichola]

An unlikely scenario if I may say so...

What is a ridiculous is the billions of our money that were used to bail out the banks who go on to get off scot free and still continue to pay themselves huge bonuses while the ordinary person is screwed into the ground by unnecessary austerity measures that incidentally don't work and are being proved not to work (triple dip recession). And on top of that are now sitting on money refusing to lend it for the purpose it was allocated.

[Steve (redding43)]

An unlikely scenario if I may say so...

What is a ridiculous is the billions of our money that were used to bail out the banks who go on to get off scot free and still continue to pay themselves huge bonuses while the ordinary person is screwed into the ground by unnecessary austerity measures that incidentally don't work and are being proved not to work (triple dip recession). And on top of that are now sitting on money refusing to lend it for the purpose it was allocated.

True.....but that does not mean we should bail everyone out though

[nichola]

Obviously we only bail out the already rich! It's a joke and its on people like us. And it isn't everybody its a relatively small amount of people in one country.

[Scunner]

Nichola, if Turkey devalued the Lira making your savings worth half as many pounds as they were the day previously, do you think the British taxpayer should pay you the difference?

That's the nature of investing you cash - you choose your risk and stand by it, through good and bad. Because, it was the level of risk you chose, not the rest of us   

[Steve (redding43)]

Obviously we only bail out the already rich! It's a joke and its on people like us. And it isn't everybody its a relatively small amount of people in one country.

....and what happens with the next country...and the next...and the next....

[Scunner]

What next? Cyprus not taking 10% from everyone, just taking 90% from the British because they'll get it back anyway!