800,000% overdrafts

samjef11_2

lanza wrote: »

I hold him responsible for his actions and the fact nobody held a gun to his head to make the decisions. He wilfully refused to look at the evidence of his banks wrongdoings. 5000 managers like him spread over the country add up to massive hardship for what, 1,000,000 people a year ? These are the people that need to be targeted.

Oh i was just following orders, the classic line of every evil deed in history.




We all know whats going. Legalized loan sharking techniques. Read the OP. I dont care to appeal to their system. We have been doing that for over 7 years taken it to the supreme court and now it is worse than ever. Legal processes are not working. Do you want this country to become corrupt to the core ?

Lanza stop posting you said enough you right we wrong could you just finished the sentence and not go on and on please.

lanza

JuicyJesus wrote: »

You will be laughed out of court and have wasted £100-odd which would be better spent paying off your debt.

I dont have a debt. I have more than adequate savings for various problems, emergencies and paid of their charges right away.

This is about principles of conduct in highest institutions. you appear to have a problem understanding this. READ the OP.

lanza

Does anybody here have any inking how serious the current situation is ? The corruption and immoral behavior in the banking system and how it can beat down government to rob and create an underclass is approaching certain similarities to the french and similar civil revolutions based on major disparity of wealth accompanied by immoral corruption.

After a certain point what actually tips people into revolution fails to be the disparity between poverty/hardship vs luxury for a few but for the lack of empathy and persistence to defend the undefendable being clearly pronounced when these issues are raised.

I dont particularly like the idea of a violent revolution in which all wealth owners are attacked in increased versions of what we saw in the london riots, or bank managers to be targeted by mob youth gangs just looking for a release of tension and to set public examples and start the rolling out of anarchy.

If people continue to deny, denigrate opponents and try to re-enforce the old system online and at government level, then it is the defence of the undefendable which is exactly the kind of activity that tips what may have been fixable into a violent revolution.

Note that even in the french revolution moderates who try to reason are eventually eaten and even killed of by their own. Once anarchy spreads there is mass hysteria where the issue becomes black or white and merciless. If you dont want a revolution in society there had better be some rapid and major changes from inside the finance system, or the result will be uncontrollable mobs instead of adults making peaceful protests.

The youth have nothing to lose and tend to have a very simplistic view in who they target. In these situations being in possession of wealth reverses into a liability so the sensible thing to do for those that have it is to redistribute it while it still has some ability to actually preserve any part of the system they like so much.There will be few places in the world for the worst offenders to hide with their wealth if websites are created with photographs and profiles of them, which from what i have seen already in the occupation forums and websites is starting to occur.

I have been studying history of late. Its always the same. When there is a certain level of disparity and immorality driving that, there is a violent revolution, where the deprived try to appeal to the humane side of those who have. Nearly everytime they are met with ridicule and that ridicule and denial is what sets of the moral outrage into revolutions.

The only force that works then is the police or army, however as we have seen they are highly limited in what they can do when communication systems are put into place that can circumvent this. These kids know more about how to setup and circumvent these systems than many of the experts

lanza

http://en.wikipedia.org/wiki/French_Revolution#Financial_crisis

interesting. There are a lot of parallels between that situation and the current one. Attempts to manipulate by the powers that be worsen the matter and sympathies of some of the countries own military are brought into fight for the protestors. If anybody has been following occupy wall street they might have noticed there were a fair number of marines coming out to help protect people against the police.

google "occupy marines"...


or http://occupymarines.org/

http://en.wikipedia.org/wiki/Occupy_Marines


http://en.wikipedia.org/wiki/Reign_of_Terror

Many historians have debated the reasons why the French Revolution took such a radical turn during the Reign of Terror of 1793-1794. The public was frustrated that the social equality and anti-poverty measures that the Revolution originally promised were not coming to fruition. Jacques Roux’s “Manifesto of the Enraged” in June 25th, 1793 describes the extent to which, four years into the Revolution, these goals were largely unattained by the common people.[6]

samjef11_2

lanza wrote: »

http://en.wikipedia.org/wiki/French_Revolution#Financial_crisis

interesting. There are a lot of parallels between that situation and the current one. Attempts to manipulate by the powers that be worsen the matter and sympathies of some of the countries own military are brought into fight for the protestors. If anybody has been following occupy wall street they might have noticed there were a fair number of marines coming out to help protect people against the police.

google "occupy marines"...


or http://occupymarines.org/

http://en.wikipedia.org/wiki/Occupy_Marines

You are going off topic and there's no need to post you made your point fair enough.

lanza

samjef11 wrote: »

You are going off topic and there's no need to post you made your point fair enough.

800,000% interest !! What i am saying is more than on topic.

did you read the OP.

"High Street banks charging 800,000% on overdrafts. No, these are not dodgy door to door money lenders, or pay day loans. But the supposed models of financial integrity and probity.


http://www.bbc.co.uk/news/business-16002022"

thats not just 800,000% on overdrafts. Its for any error at all that pushes you over a limit you havent even agreed to, or is buried cleverly in the pages of the small print few have time to or are able to understand. By the time many do, the small print has changed, and of course it reserves the right to make such changes.

Look at how many threads here are about people struggling to understand the terms and conditions, and then the number of threads where the banks just change those terms without even giving notice that has occurred.

You think not discussing this is a good idea. Go read history. It was a combination of the following that lead to civil unrest.

1. Suppression of the issues
2. Political activity to make sure the issue is not suppressed.
3. Opening of the issues at a high level and promises made for change.
4. A waiting period, where the changes do not occur.
5. Violent revolution.

We are now in stage 4. This is a very dangerous time and very interesting that the patterns in these revolutions are always the same. Greed and selfishness is simply unable at the psychological level to motivate itself to do an about turn and make the same kind of effort to reverse its activity towards being more positive towards others that it did for themselves.

Its pure them and us, have and have nots. The peasants are revolting and to blame for not being a savvy as us at taking resources etc, etc... Always the same throughout history.

Instead the haves persistently add insult to injury drunk on success which gives rise to a delusion they are in possession of security which is not actually real. We are all on this world together. Their security is dependent on consensual agreement that everybody is going to maintain a reasonable state of mind and can be re-positioned to comply with a new set of carrots on a stick.

JuicyJesus

Oh, shut up!

meer53

JuicyJesus wrote: »

Oh, shut up!

Hear hear, lets leave him alone now,

Bloomberg

talana wrote: »

On unauthorised overdrafts.. so people who have borrowed money without asking.
The fee for doing that should be punitive surely?
Alternatively, don't allow it at all. That one would work for me.

Bank charges for unauthorised borrowing are admittedly quite high. That said people can easily find out what these charges are before they go into the red. Unauthorised borrowing is effectively borrowing money without asking which comes at a price. If you go overdrawn once in a blue moon the bank will normally waive the charge as a good will gesture.


Anyone can walk into their branch and ask what the overdraft charges are, the banks offer a service - take it or leave it. What about the astronomical mark up on mobile phones and other goods, why is nobody complaining about this?. Why single out the banks. People always want something for nothing. As far as I am concerned banks can charge what they like so long as they make these charges are available to customers beforehand.

lanza

JuicyJesus wrote: »

Oh, shut up!

you think im going to take you seriously. Sometimes I read through the backposts of somebody who is particularly vehement in immorality, but also just to get a fix on where that person is at and try to profile them. Couldnt say that was easy in your case. Not a lot to go on at all, except you joined the same month as meer53 who is in the industry and you do thank his posts now and again.

Reading through your posts from a year ago, it would appear you have taken quite a bit of flack for having an inhumane streak, with one member referring to you as "a nazi". What is interesting is you also have appear to have quite a bit of knowledge about the training required for somebody to hold a banking position that makes decisions.

You have not presented yourself as being "on the inside" at some point. Would that be correct ?

So how did you come by that knowledge then ?