Pay Back the Bailout Money

Major cuts are being proposed to keep the markets happy and reduce the interest payments we have to make. If we don't pay a substantial amount of the debt back quickly (hence the cuts) the banks will increase our interest rates and we risk further rate raises based on our credit rating with the banks.

Ok. If I'm not mistaken the banks and market system effectively went bankrupt themselves last year (hence the global bailout). Market forces where allowed to run themselves and pure capitalism virtutally consumed itself. Private greed turned into public debt.

Why now make further cuts into our public spending to support the bankrupt banks over charging us and using poor credit rating to force cuts. Our credit rating seemed ok to borrow £1trillion + last year from UK alone!!

So its time to turn the tables and request full repayment of the that bailout money so the debts and public deficit can be repaid in full. No public spending cuts required. If the money is not immediately repaid then interest payments should be significantly increased in line with credit rating defaults.

I also note when the banks bankrupt a company or person they seize assets to pay down as much of the debt as they can. Given the banks are promoting a human face and fair play then why can't we asset strip banks and bankers. Sending in bailiffs to sieze assets like banks accunts, investments, property and pocessions. We should raise a fortune. Whats good for the goose.

Why is this idea important?

Major cuts are being proposed to keep the markets happy and reduce the interest payments we have to make. If we don't pay a substantial amount of the debt back quickly (hence the cuts) the banks will increase our interest rates and we risk further rate raises based on our credit rating with the banks.

Ok. If I'm not mistaken the banks and market system effectively went bankrupt themselves last year (hence the global bailout). Market forces where allowed to run themselves and pure capitalism virtutally consumed itself. Private greed turned into public debt.

Why now make further cuts into our public spending to support the bankrupt banks over charging us and using poor credit rating to force cuts. Our credit rating seemed ok to borrow £1trillion + last year from UK alone!!

So its time to turn the tables and request full repayment of the that bailout money so the debts and public deficit can be repaid in full. No public spending cuts required. If the money is not immediately repaid then interest payments should be significantly increased in line with credit rating defaults.

I also note when the banks bankrupt a company or person they seize assets to pay down as much of the debt as they can. Given the banks are promoting a human face and fair play then why can't we asset strip banks and bankers. Sending in bailiffs to sieze assets like banks accunts, investments, property and pocessions. We should raise a fortune. Whats good for the goose.

Leave the EU – that should stop most of the daft, expensive legislation

Leaving the EU should stop most of the daft, expensive legislation which this site was set up to do. Most of the ideas proposed on this site would be impossible to repeal because the are binding on our government. Euro diktat has precedence over UK law in many cases.

Most of our legislation is now directed from Brussels. The government you elect here in the UK can rarely do anything about laws, regulations and bureacracy from the EU. Most of these things have been created after lobbying by special interest groups or big business. They have the deep pockets to employ specialist PR agents who – at best – wine and dine the EU bureacrats.

Even where the legislations sounds to be positive, it is usually at enormous cost.

Every year, thousands of new rules and regulations are published producing a monumental nuisance for almost every organisation in the country.

Some we know are EU-inspired, but other laws are less well known as EU in origin. In fact most of our legislation comes from over the water.  But the majority of EU laws and regulations are expensive to implement and monitor, and ineffective in not producing the intended effect; some are harmful, and of course some actually useful.

Why is this idea important?

Leaving the EU should stop most of the daft, expensive legislation which this site was set up to do. Most of the ideas proposed on this site would be impossible to repeal because the are binding on our government. Euro diktat has precedence over UK law in many cases.

Most of our legislation is now directed from Brussels. The government you elect here in the UK can rarely do anything about laws, regulations and bureacracy from the EU. Most of these things have been created after lobbying by special interest groups or big business. They have the deep pockets to employ specialist PR agents who – at best – wine and dine the EU bureacrats.

Even where the legislations sounds to be positive, it is usually at enormous cost.

Every year, thousands of new rules and regulations are published producing a monumental nuisance for almost every organisation in the country.

Some we know are EU-inspired, but other laws are less well known as EU in origin. In fact most of our legislation comes from over the water.  But the majority of EU laws and regulations are expensive to implement and monitor, and ineffective in not producing the intended effect; some are harmful, and of course some actually useful.