What did it take to rescue English socialism? A raid on banks

In a rare pause between published reports of the death of European welfare statism, U.K. Prime Minister David Cameron has revealed a breakthrough policy that could delay its demise for decades, if not centuries.

The issue is straightforward: now that the English have taxed and harassed citizens to a point where they see no point in going to work, where will the government get the money it needs to perpetuate cradle-to-the-grave social welfare benefits?

Cameron's answer: seize "dormant" bank accounts.

How long does an account have to remain untouched before it becomes dormant?

It doesn't matter. Let's say, to begin, an account has to remain undisturbed for 20 years before the government can seize it. If that doesn't produce enough government revenue after one month, the government can simply shorten the waiting period, time and again, until the seized accounts meet the government's demands.

Once the government starts seizing accounts after just five days of dormancy, there are bound to be repercussions. People will scream at government officials. Some may commit suicide.

Still, the government will hold the upper hand since it can always shorten the dormancy period even more.

The question here is, how many minutes will pass before a Democrat in Congress proposes that the U.S. government seize dormant bank accounts. I nominate Barney Frank for authorship of the bill.