Will the government bail me out with taxpayers money, like they have Northern Rock?????

Question

Or is it just rich investors they bail out?

Yes you should see what I pay in tax and ni each month from my wage then on my bills etc!!!

Answer 1

There are 2 groups of people: those who pay into the gov't and those who are the recipients of others wealth.

If you're unclear on which group you're in, then you're clearly a payor.

Answer 2

Well from what I read today, Northern Rock has cost each taxpayer £1666.67, so a few more quid wouldn't make much difference.
I mean, we're already paying £4000 to asylum seekers to go back home and start their own businesses, such as car dealerships, Ostritch farms, beauty salons (Daily Mail), and they can come back at anytime no doubt.
I dare say we've also sponsored a few bomb making factories.
Oh, and they get priority on council houses too.
Take a holiday, learn a foreign language, get a tan, come back over here without a passport, and yer sorted.
As a taxpayer, I'd be happy for a fellow Brit to abuse the system like that, so we can show those incompetents they need to show the public some respect.

Answer 3

of course the government will bail you out, as if....

its not rich investors they are bailing out, its propping up a bank (building society) that has traded ineptly for years. the guarantees covers deposits and loans made to the society, which theoretically should be backed by the loans it has made to people buying properties. Although given that the UK housing market looks like it may well tank then loan book may well melt away almost as fast as the house prices. The most recent bit of government largesse covers loans made to Northern rock by other banks. Its arguable that what the government is trying to do is to shore up all banks which may well be affected by the current credit squeeze... if the international or even UK banking sector goes down the pan then the potential impact is horrific.. no one wants a run on banks leading to a general economic collapse..... it will make the 1920's seem like a party.

I do wonder that if it were called say Kensington & Chelsea, or the Cheshire building Society, and it wasn't based int eh North East if the response from the the government would be different.

Answer 4

Nah! They only look out for the rich. And that's just ONE of the many ways. Read "The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer."

Answer 5

Sorry to dash your hopes .... You are not big business, just a humble hard-working citizen whom the government expects to either sink or swim when in trouble.

Answer 6

Of course they will, just tell them you are a failed asylum seeker, that will do the trick.

Answer 7

When pigs can fly they will lol