Banks come out on top, cos that never happens
November 25th, 2009
Well excuse me for a minute while I don my working class hat but as much as I am surprised by the Supreme Court ruling in favour of the banks I’m not surprised that the rich are left rich and the poor remain poor.
Yes i know that if your careful with your money you would never recieve bank charges in the first place but it’s not that black and White. I got caught in a revolving door of bank charges several years ago after losing my job. I was getting charged £175 a month which was tipping me back into an unauthorised overdraught therefore incurring further charges. Its all very well saying well you wouldn’t need to claim charges back if you’d been more careful but in situations like mine and I’m sure thousands of others it’s unavoidable.
The other side of things of course is that the banks are charging these illegally high charges (and regardless of the result they are illegal) because they figured they couldn’t be touched and nobody would call into question the actions of banks because they know best. Oh but wait, we are in a reccession! Who caused this reccession? No it couldn’t have been the banks could it, no they are the keepers of our ever increasingly capitalist society. Everything revolves around money and the banks look after that for us like wardens keeping us safe from the dragon of poverty and uncertainty… Don’t they????
