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No more bail outs for banks! They are private and should stand on their own.

Submitted on Friday 5th August 2011

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

No more bail outs for banks! They are private and should stand on their own.

Additional Information

I'm sure many other business owners will agree, banks are private entities like themselves, so why should they be bailed out when they are about to fail. Iceland didn't let them and why should we? If we bail them out then there is no need for them to change their attitude and this will just mean in the future it will happen again. They have cost the economy a huge amount of money and there is nothing to stop them doing it again. Why should we pay tax, work hard so these people can pay themselves hundreds of thousands in bonuses and wages with public money? Its time this stopped and they were treated like any other private business and were allowed to fail and this may concentrate their minds slightly!


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

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