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jambutty · 27-02-2007, 10:16

As a general rule and this applies to everyone be it individuals or businesses – if you have debts that you cannot service you are BANKRUPT and any one of your creditors can force the issue. I don’t know if political parties are exempt but if they are they shouldn’t be.

Both the major parties are technically bankrupt as they do not have the assets to cover their debts should a creditor decide to ask for his money back.

Wasn’t there something about Labour having to repay millions by July this year? Or was that the Tories?

27-02-2007, 10:16	#17
jambutty Apprentice Geriatric Join Date: Jan 2004 Location: Darwen, Lancashire Posts: 3,706 Liked: 0 times Rep Power: 89	Re: UKIP Stabbed In The Back! As a general rule and this applies to everyone be it individuals or businesses – if you have debts that you cannot service you are BANKRUPT and any one of your creditors can force the issue. I don’t know if political parties are exempt but if they are they shouldn’t be. Both the major parties are technically bankrupt as they do not have the assets to cover their debts should a creditor decide to ask for his money back. Wasn’t there something about Labour having to repay millions by July this year? Or was that the Tories? __________________ Thanks for reading. If you have a few minutes to spare please visit my web site at http://popye.bravehost.com