Money should never be “borrowed”, because “credit” doesn’t exist.
Kind Regards,
~Moral Jeff
I am mostly just an interested amateur. But I get my information from real judicial activists who individually prosecute judges, district attorneys, police officers, police chiefs, and politicians who break laws regarding to their office. That and experts who individually study the uniform commercial code which is the code which regulates all commerce in states of America and Great Britain I believe (but don’t quote me British law is not my specialty) alike. I would like to get a real copy of the UCC some day and read it over. If you have that, you can basically wield the same power that the banks do and use it against them. There are two types of judicial activists. One type takes the fight fire with fire method. The other avoids commercial law and uses constitutional and common law. Both methods are very useful, but there is so much to study that it is hard to do both and be good at both. UCC is pretty much the evil that you are rallying against. That is the evil that is corrupting “the free market”. The truth is that there is no free market and has not been any free market in a very long time. There have always been controlling interests of one sort or another. Even before the federal reserve was instituted here in America there was a constant battle against central banking. If your country has a central bank, there is no free market in that country, and cannot be any free market in that country until that central bank has been disbanded. How can a market be free when one private or public organization issues, owns, and controls all legal tender?
Government regulation is the problem, not the solution. Every regulation of the economy here in the United States has turned into total disaster for our economy. We have one of the most heavily regulated economies in the world, and one of the most corrupt. Government subsidies have ruined the farming industry here. There is absolutely no profit in farming unless you take government subsidies and then you have to grow according to their regulations. Housing and real estate was a very heavily regulated industry. That industry is one of the sole causes for the global financial meltdown of this day. Economic regulation will always favor the opulent large corporations and banks. This is because these are the guys that lobby for the regulations to begin with. You should study business cartels. If you do, you will find that the first thing a newly established cartel does is lobby the government to make regulations that enforce their monopoly. That is where economic regulations come from in general.
I used to think just like you do. Then I did some research and I realized that government is just a tool used by the corporations who are just tools used by the banks. It’s really pretty straight forward. Here is a good analogy. Government is like the dogs that are sicked on you by the butler of the owner of the manor, the butler being the corporations, and the owner being the banks. You can’t appeal to the dogs to control the owner of the manor. Nor can you appeal to the butlers either. You are not their master. Instead, you are saying “We need more dogs so that they might bite the rich guy!” and the rich guy who pays for the dogs’ training puts on a show like “oh no, not more dogs!” when secretly he is laughing because he plans to sick these dogs on you.
I don’t know what banks you guys have been dealing with, but I am just fine with my bank.
For starters, my checking account is absolutely, 100% free. I have never paid a dime to have a checking account and as long as my balance is at least, $0.01, then I have an account although it has never been that low. On top of that, the terms of my account cannot change and my account may not be cancelled by the bank unless it is inactive (No deposits or withdrawls) for 36 months. In the event my account were to be inactive for 36 months, they would make every reasonable effort to send me a check for the account balance.
In addition, my savings account is also 100% free. They actually pay me a very small amount of interest to keep my savings account there and it has the same cancellation terms as the checking account.
I have never overdrafted a check with this account, but I am to understand that with my account if I overdraft a check, then they will automatically remove the amount of money necessary to bring my account back to $0.01 from my savings account. In addition to that, if the overdrafted check were to wipe out my savings account completely, I would not be financially penalized if I could bring my checking account balance back to $0.01 within thirty days, or if I bounce more than one check a year.
This arrangement with the savings account and being allowed to bounce one check annually without fee was not requested by me, but was automatically provided from the bank.
When I bought a car my bank could not give me a very good interest rate, so I went elsewhere.
I do not purchase checks from my bank because they are more expensive than the place where I do purchase checks from. Plus, the place where I do purchase checks has a design with really cool lightning bolts and the bank does not.
In any case, this bank has never made and probably will never make a cent off of me, at least not directly. Despite this fact, everyone there greets me by name and pretends to be happy to see me when I come in.
They used to have accounts like that over here, then the banks realised they didn’t make as much money so despite me having an ISA with a pound in it they could have used to cover my excess they chose to screw me for £800 instead. They’re nice like that and on talking to the bank manager she basically said I am powerless to do anything about it, computer says no! They used to have managers which would clamp down on debt and talk about your situation face to face, now they talk about just how much debt you want to get into and nothing else, and if you don’t own a credit card they’ll try to make you get one so they can suck out your soul with their insidious and filthy lies and promises.
I hate banks, but I am forced to slave under their ludicrous nonsense. What do I do, leave the system and live on an island offf the West coast of Scotland hunting down and sacrificing all transgressors to my Gods in a big wicker man, or do I take arms against a sea of troubles and by opposing end them?
After 25 years of this shit from three different banks without the common courtesy to give me a decent explanation, I am fed up with banks. Is it too much to ask for you to look after my money instead of trying to rip me off you barstewards!
Shoot the lot of 'em backs against the wall tear down the banks and their insidious hold on humanity and replace them with something better.
EDIT:
And that is how you /rant/… 
I know this is a waste of time but what the Gotten Himmel are you banging on about this time?
That’d make a nice bumper sticker. Probably get shot by IMP though.
Dead Liberals.
en.wikipedia.org/wiki/Leviathan_%28book%29
eternal indebtedness to the leviathan is paradise.
slavery is freedom.
-Imp
What does that even mean? The books 400 years old, can you bring it into the 21st century?
read it and see the politics of the 21st century
history never repeats
-Imp
I still have no idea what you are talking about we don’t live in a monarchist state so the analogy is inapt at best and irrelevant at worst?
Just say what you mean in plain English. That I should live in bliss under my monarchist tyranny. If that was it then thanks that helps not even in the slightest.
Read the book, Sidhe. It’s a laugh a minute. And quite creepy at the same tie. Like a bad slasher movie.
I will maybe… but first I want to know what he means? If it isn’t a brilliant point, then I will not read the book.
The book is worth reading on its own merits. And just because it’s an oldie doesn’t mean it has no relevance. Plato is still one of the most influential philosophers. God knows Kant is.
So let me get this straight Sidhe.
You, and only you, spent more money than you had from your bank account. This means you ran up purchases that exceeded the total amount of money that you had in your bank account. Thus, these purchases caused your account total balance of cash to go into the negative.
And now that your bank charged you a fine because they had to cover the difference between your purchases and your total balance of cash, you are complaining? Whose fault was it that your bank account went into negative? What is wrong with banks charging a fee for this service of covering your negative charges, there must be sort of incentive for people to keep their account positive after all. The bank does you a favor by not rejecting these purchases; they are covered for the moment, you get to keep the products that you purchased or bills you needed to pay even though you dont have the money for it. Naturally there is a fee for this service.
If you are so completely irresponsible that you run up 10+ different negative transactions and get a 10x$35 fee added to your account, whose fault is this? You just sit there and point the finger, even though it was you who ran up those charges? Do you not have an option to check the available balance in your account? Do you know how to balance a checkbook? Are you an adult or a whining irresponsible child who cannot face up to his mistakes?
And no, I am not defending the banks, they do not need to be defended here. They offer you a free banking account, tons of free online and instore services, free ATM and checking cards, free customer service support and investment and lending advice, and all you can do it cry like a spoiled child because they charge a fee for having to cover your irresponsible ass when you spend money that you do not have.
Banks are not perfect. Some of them are irresponsible with their own money, some are not. Just like people. But that does not change the fact that you are still responsible for the purchases you choose to make, and having enough money to pay for them. The bank did not make you spend more money than you have, and they did not make you do it so many times that you end up with 10+ overdraft fees.
People seem to have a total lack of personal responsibility and no desire at all to fess up to their shortcomings and rightly take the blame when they err. Seriously, no wonder your account is so negative right now, if this is the way you act.
Let me stop you there no. I had more money in two accounts but it would be too much trouble for them to move money over from a savings account or extend my overdraft to cover it. Or remove the charge after I complained thus incurring £800 in total.
Also it’s not just me it’s 8 million British citizens, when does ripping a nation off become a national concern?
You didn’t read anything I said did you is that really what you think happened or did they just keep charging me month after month after I lost my job to be complete assholes, because it takes 6 weeks for my dole to come in. Get it now? It’s one time a charge respectively for a charge then a charge for another charge until I filed for poverty and they stopped doing it. They said they couldn’t write it off because I had social security by that time, if I was living on the streets by that time I’m sure they would of obliged!!
You need to understand just how bad our system is now and just how many people hate banks. It’s almost as if the nation has stepped up collectively and said that’s enough! That is a fucking enough!Next step Europe, that’s like your Supreme court only more people.
Give me an excuse to read it and I will.
I thought I just did. It’s creepy and funny.
It describes an extreme case of statism. It shows that statism is not the sole province of despotism, or fascism, but that a relatively free citizenry can relatively freely opt for statism.
It’s a cautionary tale, even for a socialist.
Philosophy that takes an extreme position is useful, as it draws the ramifications of a given view to their (hopefully) logical conclusions. They represent the terminal velocity of an idea.
Perhaps there is an e-text of Leviathan. Surely the Stanford Encyclopedia has an entry that provides a good enough introduction. See for yourself.
If enough people whine and scream like children, does it make them right?
Wookay maybe later tis dinner time.
As is the Rocky Horror Picture show but I wish I’d never seen it.
Wait a minute isn’t IMP a right wing libertarian of the economic variety?
That would be quite clever since there was no socialism then, just inadequate and unfair governments
Which relates to my situation how?
Wookay maybe later tis dinner time.