Peter Reynolds

The life and times of Peter Reynolds

Posts Tagged ‘thieves

Banking Cancer

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Rare Integrity

We need radical surgery.  The corrupt and avaricious arrogance of the bankers is beyond belief.  Project Merlin (see here) is a confidence trick and our weak, pathetic government is knowingly complicit in it.

Bob Diamond of Barclays, Stephen Hester of RBS and Eric Daniels of Lloyds are all rogues, thieves and charlatans.  The excuse of  “I was only following orders” was thrown out at Nuremberg.  These men are even worse than the Nazi war criminals because their motivation is the most base and venal of all.  They cannot even claim the excuse of some sort of perverted political philosophy.  Their only concern is selfish greed.  They are parasites and a scourge on our society.  They should be rotting in jail rather than heaving their replusive, corpulent frames into another disgustingly expensive dinner or self-indulgent debauchery.

Banking is one of the greatest evils in our world.  It takes over our society with insidious, insistent and poisonous infection.  It produces corrupt and distorted growth that is entirely false, only a deception for the immediate and personal gain of the individuals in charge.  These people are pirates and their adventures destroy decent people, honest businesses and the whole basis of our economy and society.

We must cut them out and we must cut deeply to ensure that every last vestige of the putrification is gone.  It will hurt.  It will even endanger our existence but there is no other option.  To continue as we are is to buy into their corrupt plan, to feed them even more obscene amounts of money while the poor, vulnerable and needy in our society suffer.

There is no other option.  We must inflict this huge damage on ourselves in order to be rid of the cancer.  Recovery will be long and difficult but at least it will be honest and healthy.

The only man with any integrity left in parliament was Lord Oakeshott and he has now resigned.  Cameron,  his poodle, Dr Cable and babyface Georgy Porgy are carcinogenic agents.  We must take the knife to them without mercy.

OFT – Incompetence, Conspiracy, Paper Tiger Or All Three?

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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

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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.

Alistair Darling And The Rest – Liars, Cheats And Thieves

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What exactly is it that entitles cabinet ministers to have their accountants’ fees paid for by the taxpayer?

All nine ministers must be sacked and the police brought in to investigate.  There is not the slightest excuse for this blatant thievery.

Scumbag Thief

Scumbag Thief

This is perhaps the most disgraceful episode of all.  While you can argue (well you can try)  that duck houses and food bills have something to do with a second home which is necessitated by Parliamentary duties, claiming your accountants fees on expenses is nothing short of cheating the taxpayer.

Alistair Darling, Jacqui Smith, Hazel Blears, David Miliband, James Purnell, Douglas Alexander, Geoff Hoon and Hilary Benn – you are liars, cheats and thieves.  You should all be behind bars.

Let’s Have Some Real Accountability From The Banks

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I want to know the names of the top 10 earners at Barclays, the Halifax and the Nationwide.  These are the banks that I grace with my business and I want to know the names of the toerags that have been messing with our economy at our expense for their own personal profit.

These individuals aren’t gentlemen.  They are profiteers, pirates even, and each one of them should be revealed, reviled, pilloried and put on public display with their multimillion pound scorecards.

The time is well past for any nonsense about confidentiality, privacy, data protection (the biggest joke of them all).  We want to know who are the gamblers, the selfish, arrogant thieves who have destroyed our economy for their own selfish ends.

I urge every customer of every bank to write and demand this information.  Then we would see who are these individuals sitting smugly on their fat backsides whilst the rest of us face the consequences of their greed.

Of course, these individuals are the product of a corrupt system and in their position as those that must carry the can they too are victims – but victims with big houses, fast cars, swimming pools and fat, fat bank accounts, so huge that they and their heirs are insulated from any further worry for the rest of their lives.

They must be called to account.

Written by Peter Reynolds

October 7, 2008 at 9:06 pm