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Post by sheepy on Jul 29, 2023 21:49:37 GMT
I didn't know it was his campaign, I thought it was Rishis, he said it was. Oh, okay. I thought his regular visits to Dover with binoculars had some sort of purpose. LOL |
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Post by sheepy on Jul 29, 2023 22:04:31 GMT
I didn't know it was his campaign, I thought it was Rishis, he said it was. as usual, you're right Sheepbrain!  How's all that going? Not so effective I hear, maybe he just wasn't being honest. |
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Post by Orac on Jul 29, 2023 22:58:04 GMT
I don't recall Farage ever suggesting that we have free market banking - and further, even if he did (which he didn't), we don't There is a compromise between the capitalist right to make a profit and the right to hold any political view. The law forbids banks to terminate for their customers' political views unless those political views could have reputational consequences for the bank. Your argument has now shifted (pivoted) from principle to legality and I'm not very interested in the legality. Incidentally, if the above compromise means anything at all, the distinction can't be solely up to the bank. It is amusing to watch you contort for days around your inability to treat political opponents even-handedly |
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Post by Montegriffo on Jul 29, 2023 23:29:16 GMT
Sure. Farage's latest campaign. How's his campaign to stop the dinghies going? I didn't know it was his campaign, I thought it was Rishis, he said it was. No need to worry, Brexit is going to give us back control of our borders. Any day now. Just you wait. It's definitely going to happen. We just need to have faith. It'll be along in a minute. It's only been 7 years. Give it time. Brexit means Brexit. Oven ready. Have your cake and eat it. |
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Post by Einhorn on Jul 29, 2023 23:29:42 GMT
There is a compromise between the capitalist right to make a profit and the right to hold any political view. The law forbids banks to terminate for their customers' political views unless those political views could have reputational consequences for the bank. Your argument has now shifted (pivoted) from principle to legality and I'm not very interested in the legality. Incidentally, if the above compromise means anything at all, the distinction can't be solely up to the bank. It is amusing to watch you contort for days around your inability to treat political opponents even-handedly Oh, you don't like the facts, then? Shame. For someone who is supposedly not interested in the legality, you were very keen to emphasise that the banking market is not unregulated. Thanks for your interest, by the way. |
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Post by Einhorn on Jul 29, 2023 23:30:48 GMT
Oh, okay. I thought his regular visits to Dover with binoculars had some sort of purpose. LOL That's the spirit, Champ. |
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Post by buccaneer on Jul 30, 2023 0:17:28 GMT
Once again - we don't have free market banking in the UK. No. But part of the Brexit plan was to create a Singapore-on-Thames. The plan was to free the UK from bureaucracy. At least, it was the plan. Turns out, the whole thing was about making life more convenient for the manfrog. As usual you talk dribble and know little what you speak of. It is precisely because of the over regulated markets where the fundamental of a sector like banking is to hold money and manage it has been totally undermined by left-wing ideology of micromanagement by regulators where a client's political beliefs and values have to align with the bank's 'progressive' ideals. Gone are the days a bank is used to put money in, now one has to hold the correct political views. This culture has infested the West and is a major problem for economic growth.
Big companies are preparing to leave Canary Wharf, in London. Others are opting not to list in the UK at all – not least given the recent hike in corporation tax to 25 per cent.
It is with some irony that we learn how, at the same time as a complex web of technocracy accumulates more power, politicians are struggling to get a bank account. A difficult situation was significantly worsened by the introduction of the 2017 Money Laundering Regulations.
These transposed into UK law the EU’s Fourth Anti-Money Laundering Directive, ramping up the focus on those of us labelled “Politically Exposed Persons”, defining MPs and others involved in public life as “enhanced risks”.
In law, it makes elected representatives automatically subject to added suspicion. It serves as yet another example of legacy EU law that is still on the UK statute book, years after our departure from the bloc, and which is restricting the room for manoeuvre for men, women and businesses up and down the country.
www.telegraph.co.uk/news/2023/07/29/complacent-unelected-bureaucrats-ultimate-enemies-growth/ |
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Post by Einhorn on Jul 30, 2023 0:23:29 GMT
As usual you talk dribble and know little what you speak of. How many times have I had to tell you never to end a sentence with a preposition, Bubs? Well? |
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Post by buccaneer on Jul 30, 2023 1:21:37 GMT
Thank you for tacitly admitting you have no idea what you're on about.
What other pivots do you have little grasshopper?
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Post by johnofgwent on Jul 30, 2023 2:42:22 GMT
i must admit i do not know why anyone would want to these days. In the days before the electronic transfers we have today you didn’t sign a high value cheque you rang Coutts and within an hour a motorcycle courier arrived with a bankers order. I saw it myself at HR Owen the Ferrari (and other posh cars too) dealer at Canary Wharf my pal was their PR man and this is how the head of the Docklands Development Corporation paid his deposit on his new car. Just having the voice on the phone say ‘the courier was on their way’ was the ultimate in credit worthiness. These days anyone can have that at the drop of a hat and a nod and a wink from the smartphone. Is there still ‘prestige’ to be had for having such an account ? I no longer move in such circles and cannot say. It's like a lot of things you are just paying for the name, it's a snobbery thing, you aren't getting any better service, basically you're a first class NatWest customer under the guise of Coutts, it's so they can sit around name dropping their exclusive Coutts bank, a glorified NatWest customer. ah yeah ok. Perhaps i should have said ‘need to’ instead of ‘want to’ In the days of cheque guarantee cards with a £30 limit (£30 being about a week’s rent of a grotty flat outside london) the motorcycle courier with an unlimited guarantee was a definite plus. I remember Martins Bank gave dad a piece of plastic that looked like the things you apply tile grout with. You would put it in a hole in the wall machine in the branch in a side street north of Queen St Cardiff and after a bit of whirring a bound bundle of ten one pound notes would fall into a tray. Your plastic key thingy would be returned in the post a few days later. |
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Post by Pacifico on Jul 30, 2023 6:30:59 GMT
I'm not sure that some obscure backbench MEP in the European Parliament, which has no power anyway, is in a position to enable anything.. ..but good try though..  It’s a funny ol’ world, isn’t it, Doc? If UK law had a developed duty of good faith, contractual actors wouldn’t be able to terminate for any reason. It wasn’t so long ago that you were arguing that that UK law shouldn’t have a duty of good faith. Now, you appear to have changed your mind, and all because your chinless prophet is suffering the effects. News to me - is this more of your vivid imagination getting the better of you? |
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Post by zanygame on Jul 30, 2023 8:17:57 GMT
Be interesting to see what he would change. I wonder why it hasn't bothered him before, he's been involved in finance for a very long time. |
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Post by Orac on Jul 30, 2023 8:28:41 GMT
Be interesting to see what he would change. I wonder why it hasn't bothered him before, he's been involved in finance for a very long time. It's a psychological thing. Because you have to find Nigel Farage in the wrong, you find yourself stuck and unable to integrate the fact that he is in the right. So, you grasp upon the fact that he only started to be right at some point and so before that point he must have been in the wrong. Order is restored to your mind. |
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Post by The Squeezed Middle on Jul 30, 2023 8:30:13 GMT
Be interesting to see what he would change... Probably make it illegal to close accounts for non-banking reasons and make them state the reasons. For example: 1) Insufficient funds - closure/suspension okay. 2) Suspicion of fraud - closure/suspension okay (pending independent investigation) Disliking your politics - closure/suspension not okay. It's just common sense. I wonder why it hasn't bothered him before, he's been involved in finance for a very long time. Like many things, until it happens to you you don't realise it's a thing or perhaps the sheer scale of the problem. I mean, until now I didn't realise that my bank could no-platform me for no apparent reason either. Scary. |
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Post by The Squeezed Middle on Jul 30, 2023 8:32:18 GMT
Be interesting to see what he would change. I wonder why it hasn't bothered him before, he's been involved in finance for a very long time. It's a psychological thing. Because you have to find Nigel Farage in the wrong, you find yourself stuck and unable to integrate the fact that he is in the right. So, you grasp upon the fact that he only started to be right at some point and so before that point he must have been in the wrong. Order is restored to your mind. Cognitive dissonance. The hallmark of left wing psychology. |
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