Dear Wall Street,

Hi, this is the lobbyist for a group called The Taxpayers, Debtors,  
and Insured People of the United States. Now that we've rejected the  
first bailout plan, I'm sure that in the spirit of tough, free market  
capitalism, and spirited negotiations, you'll consider our second  
offer. Here are some terms that I'm SURE you will find reasonable:

1) We are willing to loan you money at a very low, introductory rate  
of 8.9%. If you are even one nanosecond late on your payment, your  
rate will go from 8.9% to 32.9% instantly. You will have no right to  
appeal this. The interest rate increase will be retroactive. None of  
this "but I mailed it out Friday" nonsense. We must get it, and the  
check must clear, for your payment to count. A reminder: transactions  
that occur after 2pm are not credited until the next business day, so  
be sure to make your payments before then.

2) If you are late on any of your other payments to your other  
creditors, your rate will also be spiked to 32.9%. I know it has  
nothing to do with us, but if you are late paying someone else, then  
OBVIOUSLY you are a bigger credit risk to us.

3) We will send you onerous terms and conditions 148,000,000 pages  
long in 6 point font. Of course, those terms can change on a whim, at  
any time, so we'll be sending you hourly updates to the contract,  
which we expect you to read and keep up with. Sorry, we will be the  
only ones that can amend the contract; you cannot.

4) You will have a predetermined credit line, and if you go over it  
by even $1, your interest rate will spike to 54.9%. Sorry, it's in  
the contract on page 109,209,392.

5) The bankruptcy laws have now changed. If you get into a bind, I'm  
afraid you won't find much sympathy; no more silly excuses will be  
accepted. We are going to have the titles to all of your buildings  
and physical assets put in our name, so when the inevitable time  
comes and you trip up, we'll simply take everything from you. There  
will be no court hearing.

6) We'll be conducting a background check, driving records check,  
drug test, and disease risk check of all of the top executives of  
your firm. After all, you're a riskier loan if you have any of those  
afflictions, aren't you? Well, if we find ANYTHING wrong, your  
interest rate will skyrocket, instantly, and without notice.

7) If your business is located in a "bad neighborhood", or a "poor  
city", or a "hurricane zone", or "flood plane", or "terrorist  
targeted city", as defined by us, we can raise your interest rates at  
any time, to any rate we choose.

For the last quarter century or so, you've imposed these terms, or  
some variation of them on us, when loaning us money or insuring us...  
arguing every single time that it's "necessary" and that these sorts  
of changes "will result in more profitable companies that will pass  
the savings along to consumers". Well, now that we're in the role of  
lender, and you're in the role of borrower, we're sure that you'll  
find these same terms fair.

Wall Street, prove the cynics wrong and accept our new plan. Prove to  
everyone that you're not the hypocrites that everyone thinks you are.

Best regards,

THE TAXPAYERS, DEBTORS, AND INSURED PEOPLES OF THE USA

[Non-text portions of this message have been removed]


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