OK so here in the UK the total spending so far has been raised to 1.3trillion in order to bail out moronic financial institutions, instead of propping
up the country in much more useful ways (see
for what this money COULD have bought
So, as a taxpayer, or shareholder, in the Government I've decided it's high time that I opted out and sold my share of the bailout on. It's with
this (rather more comical than serious) aim that I've begun to write a letter of rejection for my MP to consider.
I'd like some help in completing this letter from the forum, and anyone who would also like to send this message out. Figures are for the UK bailout
but the principal is universal, so get your thinking cap's on and let's OPT OUT!!
"In light of the Government's recent application for credit to bail out failing banking and manufacturing institutions, due to the substantial
losses and mismanagement of funds resulting in a failure to maintain liquidity, I regretfully inform you that said institutions have failed
independent credit scoring requirements and will therefore not be eligible to receive my percentage of bailout offered by the government.
As a responsible lender it is my duty to decide where my money is best invested; something we're sure may need explaining further to you, if so feel
free to call for clarification.
Having considered the risk's involved and assessing the credit score of the companies you have/have proposed to bail out on my behalf, I am unable to
agree to the lending of my portion of the cash.
This is a decision based on a number of factors, including but not limited to:
Amounts Owed Already Too High
Length of Bad Credit History Too Long
The borrowers ability to repay the loan
Historical management of similar credit
Independence of the borrower
Insufficient evidence of the responsible use of current funds (See: Sir Fred Goodwin's 57,000GBP per month taxpayer funded PENSION as an example)
As a responsible lender to the government I am hereby revoking the use of my portion of shares and forthwith requesting delivery of my funds allocated
to be returned. Of the 1.3Trillion pledged by the government on behalf of the taxpayer (shareholder), my share, based on every living individual in
the country.. every Man, Woman and Child, amounts to 213,114GBP, given the generous round up of population to 61m. Fund's are to be returned to my
bank account. If this amount remains outstanding for a period greater than 28 days, interest will be added at very reasonable rate of 4%.
Failure to comply may result in the seizure of assets of the same value. If this amount remains outstanding for a period greater than 28 days recovery
SO, who's with me? Feel free to rip the letter apart, I literally typed it out just now so I'm looking forward to some interesting additions.
Let's decline the banks... oh the irony
[edit on 3-3-2009 by Pr0t0]