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Peter Reynolds

The life and times of Peter Reynolds

Posts Tagged ‘contempt

Banker Robbers Still On The Loose

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If I considered it as the plot for my next novel, I would discard it immediately as being completely unbelieveable.  It is outrageous.  The story of the way the banks have wriggled and wormed away from their responsibilities is the biggest scandal the world has ever seen.

The Very Worst

Today the shameful figures are revealed of the number of complaints that our high street banks receive.  See here.  It is an appalling litany of failure and disrespect of customers.  Complaints are at the very bottom of their priorities.  They are inefficent.   They have bonus systems that discourage staff from accepting complaints.  Santander, which so many used to know as the Abbey or Alliance & Leicester,  cannot manage to answer even half of its complaints within two months!  It is shocking.  It hasn’t got better since we all bailed them out.  It’s got worse.  Oh, except for the bonuses.  They just get bigger and bigger all the time.

These problems,  affecting the modest balances of ordinary people, may seem trivial in the context of the billions that the banks have already cost us but they are not.   They are crucial.   This is real money belonging to real people and needed to pay real bills.  It’s not the cocaine, champagne, Ferrari fantasy of some City boy ponce.   These figures indicate precisely the contempt, the utter disregard which bankers have for us even though it is we, ordinary people, who have been called on to rescue them from their catastrophic mistakes.

Actions Not Words!

Where is Vince Cable now?  He is the biggest disappointment of the coalition government.  His brave words as recently as the LibDem conference are all hot air.  He has let us all down.  His promises were empty.

We want the banks split up so that they are no longer too big to fail.  Only today, in Ireland they are realising that their nation is still held to ransom by its bankers.  So is ours.

We want retail and transaction banking separated entirely from casino investment banking so that there can be no more threat to our economy from the spivs and gamblers.  We don’t want any of these sharks anywhere near our  money.   John Diamond, the putative new head of Barclays has made a £100 milion fortune on the back of the taxpayer and the banking crisis.  He is not a fit and proper person to be in charge of a British bank.  The government should ban him immediately.

Wide Boy Spiv

Late last year the Office of Fair Trading let the banks off a £40 billion hook.  These were the extortionate charges illegally debited from customers’ accounts over the previous six years.  See here. This was in addition to the £850 billion cost of the original bailout.  See here.

How much more are they going to get away with?

When will David Cameron, Nick Clegg, George Osborne and Vince Cable stop dithering?

Stop the banker robbers now!

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Banker Robbers Supreme At The Court Of Contempt

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In an outrageous and disgraceful judgment the supreme court (no more capital “S” or “C” from me) has protected our corrupt banking institutions from the Office Of Fair Trading.  See the full story here.

Stupid Old Fools

The supreme court had the opportunity in one of its first judgments to set itself on the side of the people and justice.  Instead it has shown itself to be on the side of the establishment, the banker robbers and the executive.  If only this would herald the arrival of the tumbrils and guillotine into the streets of London.  Then the bankers and the judges would understand the meaning of injustice as their headless bodies lie in the street and others twitch and dangle from the gallows.

The OFT has been shown to be as toothless and useless as the Data Protection Act and the Information Commissioner.  These institutions are established merely as a sop to public opinion.  The establishment, the banker robbers and the executive have  no interest in justice for the people, only in lining their own pockets and protecting their own interests.  They can lend each other £60 billion or more in secret, deceive the public interest, yet they will not overturn the gross injustice and blatant thievery that are bank charges.

The bankers and the judges molested and buggered each other at Eton and Harrow.  They molested and buggered each other at Oxbridge.  Now incapable, except for a little self-molestation, they are buggering us.  Watch them get away with it as they duck, dive, lie, cheat and bribe their way out of trouble.  It may be difficult to prove the brown envelopes changing hands but what is happening in these judges’ offshore accounts?  We hold you all in the deepest contempt!

Next will come the supreme court overturning Sir Christopher Kelly’s proposal for the reform of MPs’ expenses.  Coming up on the inside is the Iraq Inquiry which will almost certainly see Tony Blair off the hook for lying to Parliament and the people.

It may be difficult to contemplate revolution in the modern age but in 1789 Paris and 1917 Moscow that was their modern age.  The establishment needs to understand that its conduct is unacceptable, that with the gift of the internet and communications technology, the people have far more power. You are walking a tightrope towards your own destruction.