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Site Home –› Finance & Investment –› Banks
 

Taken For A Ride

 

The Stories below struck me very forcibly as they are indicative of how corrupt our financial system really is and how hard working people are being taken for a ride not only now but for many years in the past

"The Banks' Abuse of the Credit Register

The banks have traded on their reputation for integrity to foist their penalty charges onto an acquiescent public. Most people consider that "Yes, I did overspend, therefore I do deserve this slap on the wrist. I'll try harder not to get it wrong next time." But the truth is that these penalty charges are unlawful

http://www.consumeractiongroup.co.uk/newsletter.php

In the Valle de San Felix, the purest water in Chile runs from rivers, fed by 2 glaciers. Water is a most precious resource, and wars will be fought for it. Indigenous farmers use the water, there is no unemployment, and they provide the second largest source of income for the area. Under the glaciers has been found a huge deposit of gold, silver and other minerals. To get at these, it would be necessary to break, to destroy the glaciers - something never conceived of in the history of the world - and to make 2 huge holes, each as big as a whole mountain, one for extraction and one for the mine's rubbish tip.

http://www.lineages.co.uk/

BANKS are being deluged by thousands of court actions a month as a consumer campaign against unfair penalty charges gains momentum. Campaigners have called on customers to take banks to the small claims courts to get a refund of "unjust" charges - most of which are not legally enforceable, even if they are listed in the terms and conditions of an account or loan.

http://news.scotsman.com/uk.cfm?id=888322006" ?

The question must be asked what is really important in this world profit and utter greed that would go to the extreme just to make a profit or human dignity and a world fit to live in for everybody and not just for the very few. Remember it's the poor that suffer and the soldier that dies on the battlefield and for what?

Surely its about time the financial system was reformed to benefit the many and not the few and for all people.

Remember as Dr Johnston the writer of the great dictionary said the last refuge of a scoundrel is patriotism.

Author: John Arthur
 
Author Bio:
John Arthur is an expert in this field. John has written several articles in the past on this topic.
 
 
 

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