-Caveat Lector-

UK BANKS WAGE WAR ON THE POPULATION    by Andrew Hennessey

First it was the 'hole in the wall' and automatic banking, then telephone
24 service .... and the birth of a new way of looking after your money in
UK ....
Driven by TV hype - everybody got the bit of plastic and a honeymoon period
of financial freedom begun.
But the honeymoon is over in the UK - Banks and building societys are
closing down local community branches, to the detriment of the elderly, and
are slapping vast handling charges onto the accounts of the most
underpriveleged of people - the elderly. [ie. Halifax BS]
Now the Bank war rages on into the pockets of everyone now hooked on the
plastic subculture - for everyone who uses a card is going to be heavily
charged for every transaction.
The banks are set to merge together for a joint 'milking the populace'
strategy where serious banking competitiors are 'shaking hands' on new ways
to screw the public.
The real losers are the vastly underpriveleged North of Britain whose loss
of touch with the average minimum wage makes that part of Britain north of
watford look like a financial desert.
It seems to be getting to the stage in Northern Britain where people just
cannot afford to put their money into a Bank.
A recent TV expose of this turning of the screw suggested that Banks were
deliberately trying to terminate some of their clientelles accounts - and
that the banking trade name for these uneconomical undesirables is 'LEMONS'

A picture of an old age pensioner in todays papers charged $12 dollars for
a transaction in his account highlights this brutal piece of Social Darwinism.
Another Chapter in the history of Cruel Brittania.

Andrew Hennessey

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