Posted by
PulgaBucky on Friday, June 26, 2009 10:07:09 AM
Since I’m an actual tax payer, meaning real money leaves my bank account and goes into the national treasury, and since the US Government is now a major shareholder in General Motors and whatever else, when should I expect my proxy? I’ve actually paid money, unlike those who pay no taxes, so shouldn’t I get something in return? A proxy would do nicely, thank you. As long as my money has been used in some sort of transaction that resulted in the transfer of shares, I think it’s only fair that I should get some representation at board meetings.
Any lawyers out there care to look for some precedence? Wouldn’t that be a fun class action suit? I don’t remember entering into any contract to buy shares of a mutual fund called the US Government, and I'm certainly ready to break my ties with current management.