Northern Rock Shareholders Offer to Buy Bankrupt Labour Party
The letter from the Northern Rock Shareholders Action Group makes an offer of £100 for the Labour Party and gives "the existing Party members the opportunity to buy it back in 5 years time at the same price". This will give the Labour Party a "period of temporary private ownership under a new management team…which may well give it the breathing space it needs to recover and protect the interests of all the stakeholders." Well they are bankrupt and those are reasonable terms, better than the Treasury offered...

















57 comments:
Ha ha ha ha ha ha ha ha ha ha
marvellous
absolutely brilliant.
Looking at the Crewe and Nantwich Labour - Tamsin Dunwoody website I notice references to
Tamsin and Dave Miliblink x 1
Tamsin and Jack Straw x 3
Tamsin and James Purnell x 1
Tamsin at Tesco x 3
Tamsin meets voters x 1
Tamsin meets residents of ?? x 3
Tamsin and Albatross Gordo x 000
....should Guido send a white feather to Rocking Gordo?
Can anyone help? Nick Clegg as a 'millionare'. Where did his cash come from? EU consultancy work? It's for a thing I'm writing . . .
Hilarious.
I hope we get to see the reply...
They seem to have lots of money to throw around. £100 is FAR too much to bail out the New Liebour crooked party.
Absolutely fantastic.
That is causing much mirth and merriment in the office.
vg
The offer seems far over the value of ZanuLab. Personally, I would think an offer of 1 cent (Zimbabwean)would be more in line with its value.
I hope the letter is returned with the remarks "Gone away , please forward to Carey Street"
A £100! Oh, think they will need a couple of green papers, certainly plenty of consultation and time to think again and again about that.
Mind you - £100! Could you make it cash?
That was a 'coffee warning' moment Guido!
Niiiiice! :)
This seems like a good idea from Dave.
England is a nation of shopkeepers.
Tories promise to cut red tape on small shops
Perhaps the leaflets from Labour's C and N show that they are also morally bankrupt.
Wow. I saw this earlier this morning:
http://www.telegraph.co.uk/news/matt/1921637/Matt-cartoon.html
Bit off topic here but...
Frank Field has just said on the Beeb that he feels that Gordon Brown is deeply unhappy in his job.
Mr Field if you think he is unhappy come and have a word with me - I'll show you unhappy. I lost almost £40 on my meager pension last month due to that f***er and his 10p trick.
If labour are insolvent, isn't it against the law for them to knowingly accept new business , ie renew subscriptions ?
Pitt-Wilson obviously didn't come up the river on a bike ! I wonder if anyone has thought to notify the competent authorities ???
definately overvalued !
Fantastic - now all I need to gear is how the NEC have run the Labour party when they knew it was insolvent and are being arrested by the police (note to plod - thin about your pay rise not paid in full).
George Street,
Do you really need to ask where Nick Clegg's cash came from? Are there any current or former MEPs who haven't snaffled seven figures yet?
CB.
Nice one... but it won't work.
Fascist Labour will brazen it out and NR shareholders will have to fuck off and lump it - just like the rest of us who have had our pensions destroyed, Network Rail shares confiscated, etc.
You can't reason with these fascists...just boot them out!!
Priceless.
Unlike the Labour Party, which is worthless. Take the money, guys.
Love it!!!
Old though.....the Telegraph cartoonist Matt did one about this 7-10 days ago.
Btw.....just WHO are these numpties who still vote for Labour....?!!! I cannot believe that they just don't see how much theirt beloved Party is ripping them off stark naked and they can't see it even with their grocery bills rising rapidly at an alarming rate.
They had better be carefull.......he might just agree!
Excellent.
Mind you, the fact that they still believe either the Labour Party or Northern Crock was worth something shows they're deluded.
Darling should never have propped up the Crock; if he'd withdrawn the Bank of England guarantee, we'd have seen precisely how much it was worth.
ho ho ho. i wouldnt cross the street to piss on them if they were alight!
goodbye gurning gordon you fucker!!!
What a hoot.
Perhaps someone could make Unity Bank an offer for Labour's debt, say 1p in the £1.
A quick snapshot of the principle problem facing Labour fund raisers;
Good afternoon, would you like to make a donation to the Labour Party? - we need funds to fight the next General Election.
Who will lead the party at the next election?
Errr.....well…er..
I’ll consider making a donation if it’s not Gordon!
Kerching!!!!! There’s the answer to the big question of the moment!
The Government plans to publish its Draft Queen's speech on Wednesday (as a "re-launch" of it's programme).
But shouldn't Government announcements be postponed until after the C&N Bye-Election?
He's got some problems has Gordon.
He's bankrupted the party.
Lost computerised personal info.
Took 'donations'
Shut a loss making post office.
Allowed himself to be memoired.
Knew nothing about an election.
Allowed a by election.
Let Boris win.
Took millions from the poor.
Conservatives will correct the situation, no doubt.
Gordon, you are the Prime Minister of all England and her dominions.You engineered three successive wins.
Where did it all go wrong?
How did Dave secure a possible (no fucking chance whatsoever)win without a single policy(save not taxing dead people)?
All is lost. Guido was right all along.
Gary
Hilarious, indeed! Though those NR shareholders didn't deserve anything for their shares, either. That's what happens when you invest in companies - you sometimes lose.
I dunno what's up wiv you lot we've slogged our guts out for 11 years, Eds nearly 'ad a nervous breakdown doctors told 'im to take it easy an' everyfing an' vis is what we get snotfair.
You Guidoists deserve a tory government fucking twats fuck off.
Great to see that the true spirit of Socialism is still alive and well in New Britain.
Shame the maggots are already doing a frenzied conga in-and-out of every recess of the party cadavre.
Mrs Dale has been summoned to a meeting with DD and all his dynamic chums.
What: Dream up some policies quick.
Why: We're going to fucking need them.
When: Soon as Gordon has lost Crewe. And 42 days. And the economy goes down the toilet.
Whatchameanlookinggoodonnatellyaintenough: I told you this would happen.
ay, dont bitch to me northern cock
you fuckers are lucky the new labour tits didnt let youre bastard bank go to the wall
why the bollox the taxpayers should back your pile of shit is beyond me
in any other sphere insolvency is permittable. it would have shaken banking agreed but instead we are prolonging the misery for another day. only it will hurt a lot more people
and a bunch of tramps in the north have there investment backed. sounds like a 2 way fucking for the hard workers - ie anyone not on benefit - ie no one north of the watford gap
Then raise the soiled hanky high
We're off to face the polls and die
Though we all feel a little queer
We'll keep the hanky flying here.
Are we ready yet for another book of Labour Sleaze ?
Okey Cokey!
Just send the tun straight round to me, I've just wrung the benefit boys and apparently they've run out of juice too. Fortunately there are still enough funds available to pay DWP staff to man the phones and tell us to "fuck off and find a job" - in line with the normal standards of service delivery we've grown to know and love over the stretch of our fledgling years.
Here is your chance to do your daily good deed, Guido.
Contact David Abrahams and tell him ,according to the Mail, he is entitled to recover his £ 630,000 from Jon Mendelsohn and the Labour party and a fulsome apology for the abuse directed towards him way from the ingrate donees.
And , if the humour takes him he can return his 'returned' donation to Mad Hattie Hareperson.
http://www.ft.com/cms/s/0/3113b9a4-2018-11dd-80b4-000077b07658.html
Adverse selection? My arse!
Couldn't Gordon get round his party's finance problems by inventing a license fee for The Labour Party. Everyone would be required to have a license, even supporter's of other parties who would just be entitled to a small reduction in the license fee. Collection of the fees could, like the TVLA, be outsourced to Labour crony organisations like Capita.
I think £100 is rather overvalued, unless Labour pays UKSA £100.
The ExPensioner Phain endorsed subprime finance shop, Picture Finance is shedding half it's workforce. Alas , the dead hand of Gordo, who appointed PermaTan to his cabinet, has an uncomfortably long reach.
Be afraid Blinkie Balls.
Will it be the White Coats or the Grey Suits that willfinally do for Gormless Gordo?
Anonymous @ 1:22pm
I can see how it sounds like a good idea - let's help the shopkeepers!, but we've just had 10 years of this "we're the Government, and we're here to help you - whether you need it or not" attitude and it has to stop. Why vote for BluLabour when we already have ZaNuRedLabour?
No, if Davey-boy is serious about this, he'll do three things on gaining power;
1. Restore all civil liberties lost under these bastards
2. Raise the tax threshold from 5300 to 10000 or 15000, and at the same time bring in a flat-tax of 20-25%, thereby eliminating the Byzantine mess our tax system has become
3. Truly reform public services with real markets, and encourage private companies to bid for work that is currently done poorly and at great cost and by 'the Government'.
Then sit back.
George Street said...
"Can anyone help? Nick Clegg as a 'millionare'. Where did his cash come from? EU consultancy work? It's for a thing I'm writing."
The Daily Mail on April 1st (!) reported on an interview with Clegg conducted by Piers Morgan for GQ magazine (published in their May edition).
Asked about his personal wealth, Mr Clegg revealed that he is a millionaire "in asset terms".
"Our Sheffield and London homes are worth well over a million but the bank owns most of them - we are mortgaged up to the gills," he said.
Surely the Tory Party could afford to buy Labour out.
Ladies & gentlemen, let's hear it for 'red flag updated' - an hilarious 'sampler' - get to it matey and re-write the rest of the lyrics - bloody hilarious !
Bloody Freaks
I wonder what Abrahams was threatened with for him not to have demanded his money back.
How do we get Liebor to pay him back?
After all he did promise.
As for the Northern rockers, what has prompted this?
The Labour Queen sees deepest red,
As crappy polls fall on his head.
Though Prescott scoffs and Cherie sneers!
We'll trust our defence to Hazel Blears.
So Northern Rock the wooden horse up high!
Wearing our nappy well never die!
With Cooper, Balls and Darling too
we'll watch the electoral map turn Blue.
If Clegg believes that 'owning' property worth a million, most of it mortgaged, makes him "a millionaire in asset terms" he is even dafter than the average LibDem. No wonder there's a subprime crisis if party leaders don't know the difference between equity and debt.
Gordon can be the new CEO of N. Rock, he'll be looking for a job soon.
Wouldn't the "Northern Rock Shareholders Action Group" then become liable for the Labour Party's £20m in debts? Do they have sufficient funding to support those debts? If they bought the labour party for £100 wouldn't they instantly be trading insolvent... bankrupt?
It would be nice to know if he is paying these mortgages himself. Could the payments be coming from the trough?
Surely the shareholders of Northern Rock haven't got any shekels left, and if they had, they wouldn't spend it on this worthless bunch of c***ts, especially as they have just been made even poorer by the 10p tax rate hike?
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