Dear Sir or Madam,
I am proposing to the Government to amend the law to help banks that have fallen into financial difficulties because of unwise lending and the lending of tycoons.
I propose that all state aid to banks be abolished as long as they own assets (housing, land, etc.) in their own name or through the unpaid debts of their creditors. Banks should be forced to sell all the assets they own before any state aid is granted, and forcing banks to sell all their assets before state aid means that they will be forced to reduce the price of housing and land. This means that citizens will be able to afford to buy, and by buying such assets, citizens will be financing a share of the state through taxes, and the bank will also get a share of the funds back. Only when the bank has sold all its assets in this way can the state help with the financial inflows. As long as the bank has the assets, the State must not help! When the bank sells, the state comes to the rescue with as much funding as it runs out.
The situation that now exists, where the State is benevolently helping banks that have got into trouble because of bad decisions, is unwise, because the banks are being held down by the inflated prices of housing, which of course nobody wants to buy because of the high prices, and the State is benevolently then helping the banks.
The proposal I have described is a WIN-WIN combination, because that way people would buy the flats, the state would get a share through taxes, the bank would also get a share, and the state's share that it got through taxes would then be turned back to the banks through the bail-out. So everybody would gain!!!