I’ve been a customer of yours for over ten years now. I have a credit card with you all – at exorbitantly high interest rates, I might add – that I have paid my bills on time each month, even when times were tight. Well, I used to have one, but we’ll get to that.
I’ve been paying down a balance I accumulated from Christmas shopping, nights out with the family, trips and vacations. I’ve built up balances and I’ve paid down balances. I’ve used my card responsibly; never built up a balance I couldn’t pay off. Didn’t buy anything I couldn’t afford and am generally a good customer with your company.
Now I hear that the government will be bailing you out because of your poor financial decisions. That your executives didn’t factor in certain risks when investing their money. And now you go asking government for money. What would happen if I did this? What would happen if i called up Citi and said, “I didn’t spend my money wisely this month. Would it be okay if I didn’t pay my bills for a while; till i had the cash?” Would that receive a positive response from you or not? Just asking.
Also, I make enough money so that I owe income taxes every April. Enclosed, please find a copy of my tax return for 2007 as proof of this. Because I paid taxes to the federal government; part of that money will now be going to you, as I understand it.
So, in addition to paying my credit card bills, I will also be paying the credit card bills for other customers of yours. Does that seem fair? Did I eat their meals? Did I wear their clothes? Did I go on their vacation? You can see how I might be a little upset about this.
So, Citi has already received $25 billion from the feds already. My portion of this, assuming there are 150 million Americans paying taxes is approximately $160. We know there aren’t 150 million tax paying Americans. Half of Americans do not pay income taxes at all. So, really, my share is closer to $300.
So, in return for your bailout, please deduct $300 from my current credit card balance to repay me for the loss I am incurring because of your poor management skills. Also find enclosed a cut-up credit card that I will be of use, I like to deal with companies who are at least as fiscally responsible as I am – If I had known I’d have the honor of giving you money without using your service, I would have never applied for a card in the first place.
Thanks for your attention,