Urgent Investor Poll
What Will You Do About. . .
. . .This Bailout Scam?
Government! What are you going to do now?
My friend, it's your call. You are a responsible citizen of India. Now, the question depends on you whether to listen to your heart or follow the irrational decision of the Indian government?
If you ask me, bailing out rich CEOs, who own bungalows with swimming pools, in all the metropolitan cities, private yachts and private jets... who dine at five-star restaurants and engage in questionable business practices, is simply not done!
And that's what the Indian government is doing. Or appears to be on the verge of doing.
It appears to be on the verge of sanctioning yet another bailout, by whatever name you call it.
If you ask us, getting Public Sector Banks to continue funding companies headed for bankruptcy is a bailout.
Asking Public Sector Oil companies to be patient in getting their dues cleared is a bailout.
Changing Government Policy to avert a bankruptcy is a bailout!
So, you see, don't let the rhetoric blur the picture.
The bailouts are happening.
And not just for one or two companies.
Worst of all, they are being funded by your and our money.
Thousands of crores for bailing out rich CEOs, when thousands are dying of hunger every day? Ridiculous, isn't it?
The Government has been pumping in our money to bailout Air India for instance.
And it appears to be on the verge of doing the same for Kingfisher.
...and this will continue as one company after another will come up with their selfish reasons.
The income taxes, the sales taxes and the corporate taxes... that WE pay are going to be used in bailing out these technically bankrupt companies.
It's YOU... who is going to bear the mistakes of the government, the government you never chose.
It's YOU... who has to take home less income to provide for the luxuries of the rich entrepreneurs.
It's YOU... who will have to sacrifice a part of your life, and go unnoticed, unsung.
It's YOU... who will be the "black sheep of the family".
It's YOU... who is going to suffer the pangs of hunger. ...and all these not for the sake of our country, but for a few selfish capitalists!
And let me tell you, we should NEVER tolerate this. We should stand up and take charge.
And to make the government listen to us, we need to get together and speak out in a unified voice.
Which is exactly why we have kick-started this campaign called 'Ban Bailouts'.
Through this campaign we aim to take your opinions to the government to express our concern about bailing out companies with our tax money.
If you believe in this cause then...
Participate in our poll right now!
We also request you to forward this message to all your friends and families... the more the supporters; the stronger will be our voice.
Please remember, your one opinion can make all the difference.
Sign up for Equitymaster's FREE daily e-letter, The 5 Minute WrapUp, and get this exclusive guide from Equitymaster absolutely FREE!
Multibagger Stock Ideas
You are now only a step away from getting your hands on this exclusive 16 page stock market report by Equitymaster - Multibagger Stock Ideas. In this report we discuss how you should go about identifying stocks that could multiply your money over the long-term!
So, sign up for Equitymaster's free daily e-letter - "The 5 Minute WrapUp", and usher yourself into the world of intelligent investing.
Please Note: This offer is exclusively for investors who are looking at an investment horizon of over 3 years.