Posts Tagged ‘money’
OFT – Incompetence, Conspiracy, Paper Tiger Or All Three?
I’m one of the lucky ones. I recovered over £2000 of illegal penalty charges from the Nationwide and HSBC a couple of years back before the High Court stayed all the claims. I had the great pleasure of walking into HSBC’s Kilburn branch with a judgment stamped by the Bow County Court (local to its Canary Wharf headquarters). I demanded my money there and then and created a right hiatus in the branch! I didn’t get it then but I did the following day in crisp £50 notes.
Den Of Thieves
It goes without saying that the banks are all, without exception, cheats, thieves, liars and lowlife scoundrels. That’s why millions of people were relying on the Office Of Fair Trading to stand up for them. The OFT’s decision now to drop their action against the banks is a national disgrace of monstrous proportions. Although we cannot be sure of exactly who is behind this scandal, the fact that dishonesty, corruption and theft are at the root of it is manifest and crystal clear.
The banks were making around £7 billion a year in charges, most of which were for unauthorised overdrafts. Claimants would have been able to claim for six years of charges so the banks have been let off a £40 billion hook. Never have the British people been so let down by those who are supposed to protect them.
The High Court first made the extraordinary decision that these charges were not penalty charges. This is nonsense. HSBC actually described many of their charges to me as “card misuse” – so is that a penalty or not?. Of course they were and as such were illegal and unenforceable at law. When the banks debited your account like this they were committing theft and they’ve got away with it scot free.
It has now been well established that the actual cost to the banks of these transactions were less than £2 each when they were charging their customers up to £40 a time.
It must be truly astonishing to any right minded person that the OFT has backed down. Even in the last Supreme Court judgement the OFT was given a clear hint, more like an invitation, that it should revert to the Court on a different basis. So what possible reason can there be for abandoning the claim?
There can be no doubt that this decision is improper. I wonder why it was announced on 22nd December when the entire country was at the peak of its pre-Christmas mass hysteria?
Two Faced Coward
John Fingleton, the OFT’s chief executive, should resign immediately. He is either corrupt or weak. He certainly has no integrity because whatever pressure or bribery has been put upon him he should have fought to his last breath to stop this massive crime by the banker robbers.
We cannot rely on these paper tigers of consumer protection. We certainly cannot rely on government. It is doubtful that our self-serving, whipped and bullied MPs will do anything meaningful. It seems the only option now may be molotov cocktails through the door of every bank premises throughout the country. How else are we supposed to protect ourselves when we are so badly let down?
We live in an entirely monetised society. It is impossible to function without a bank account. Therefore, the banker robbers must be regulated virtually to death. Their policies and profits must be ruthlessly controlled. Their crimes must not be overlooked but punished severely with massive multi-billion pound fines for the institutions and long prison sentences for the responsible executives.
Hoodwinked By The Banker Robbers
That’s you and me. We’re the one’s who’ve been conned and cheated. Gordon, Alistair, the FSA – they’re all either criminally negligent incompetents or co-conspirators.
Absolutely nothing has changed in the world of banking. Is any more proof needed that the people running banks are liars, cheats and thieves? Aside from the systematic extortion of the taxpayer, none of the promises about lending to the real ecomony or reining in their depraved “culture” have been kept.
Spineless assurances will not do anymore. The government must radically overhaul the terms of the licences under which banks operate. Real leadership and responsibility is needed now to ensure that this happens before the end of the year – not after months or years of consultation and behind the scenes corruption.
Businesses that want to enjoy the huge privilege of serving UK consumers as bankers must be held to a strict and rigidly enforced rulebook. No participation in casino banking, minimum levels of lending, maximum levels of interest rates and charges, a “right to borrow” for those businesses and consumers who meet straightforward criteria.
These steps are essential to re-establish the operation of an effective market economy. In a world which has become entirely monetised we can no longer be subject to the rapacious and avaricious behaviour of those who run the money business.
Peter Reynolds 
Now I Understand Why I Hate English Football
with 10 comments
Whinging, Whining Loser
I’ve hated football for 20 years or more now. With the World Cup I’ve finally come to understand why. English football is rubbish. It’s been corrupted and destroyed by an incurable cancer of money and venality. English football players are overpaid ponces, whores and playthings for foreign potentates. They cannot play the game anymore. They stand around worried that they’ll make a mistake, that they’ll bruise their poor little knees, fracture some obscure little bone in their foot or that their orange-painted slag will run off with their best mate while they’re training. They seem much more concerned about getting their name in the newspaper than on the scoresheet.
I do remember a rare glimpse of sanity in this crazy world when a year or so ago the great Bobby Charlton apologised for the £80 million pound transfer fee for Ronaldo and described it as “vulgar”. He had that absolutely right. Screaming and curling into the top corner from 40 yards in the last minute of extra time right.
Talent. Honour. Pride.
I’ve just watched the most riveting, scintillating, magical game of football between Spain and Germany. It reminds me how much I used to love the game and how much I and other British sports lovers are losing out. It was a joy. I saw beauty there in the poetic movement and interplay. There is nothing beautiful about the English game.
In 1970-71, when I was 13, I was lucky enough to attend every home game at Highbury stadium.
My Hero
Arsenal won the double that year and Bob Wilson was my hero. I played in goal too and even today I still treasure that special camaraderie between goalkeepers. Even as I’ve lost interest in the game I’ve still retained that love hate relationship with the most important position on the pitch. I’ve been angered and bemused once again at the inane remarks of commentators. Only occasionally do they compliment a goalie or even understand what it involves . Usually it’s either a “blunder” or an “easy save” or “straight at him”. Don’t they realise that it was “straight at him” because he was in the right place to begin with. There’s no such thing as an easy save. Bob Wilson used to have a reputation as an “unspectacular” goalie – because he was almost always there before the ball arrived! There are no excuses when you’re a goalkeeper.
There isn’t any passion in the English game anymore. I don’t think they know what it is. Passion for that bunch of losers is what you get in a lap dancing bar – innit bruv? There’s very little pride either. Even at its very best football can never compete with rugby as a real sport so when the BBC had the audacity to hijack Invictus and try to apply some of it’s wonderful, uplifting qualities to the English football team – well, I was just disgusted.
The Spain Germany game was wonderful and I expect the final will be too. The Spanish were inspired and fluent. The wonderful Xavi is a powerful symbol of how useless the English chavs are. The multiracial German team was a redemptive lesson for us all. They were proud, positive and every colour of the rainbow. Schweinsteiger, the archetypal aryan stormtrooper, strong, fearless and utterly reliable. These players are so talented they don’t need to feign fouls or injury. They just get on with the job – beautifully.
So the World Cup has been a very big but very pleasant surprise for me. I’d fallen victim to the propaganda that the Premier League is the best football in the world but that’s been proven to be a great big lie. It might be the richest league but that’s exactly what has ruined the game.
As a Welshman, for me nothing will ever come close to rugby. I’m glad I’ve found pleasure in football again but English football has finally proved itself to be the very worst football in the world.
Written by Peter Reynolds
July 8, 2010 at 4:16 pm
Posted in Biography, Consumerism, sport
Tagged with 1970-71, Arsenal, BBC, blunder, Bob Wilson, Bobby Charlton, camaraderie, cancer, commentator, corrupted, crazy, destroyed, easy save, English, English chavs, ferless, fluent, football, foreign, Germany, goalie, goalkeeper, Highbury stadium, hijack, inane, incurable, inspired, interplay, Invictus, joy, lap dancing bar, love hate relationship, magical, mistake, money, multiracial, newspaper, orange-painted, overpaid, passion, playthings, poetic, ponces, potentates, Premier League, pride, redemptive, riveting, Ronaldo, rubbish, rugby, sanity, Schweinsteiger, scintillating, scoresheet, slag, Spain, Spanish, sport, stormtrooper, strong, the beautiful game, the double, venality, vulgar, welshman, whores, World Cup, Xavi