Thursday, 19 July 2012

Turn the tables on the Bank

Permanent TSB are clearly in trouble and branches are to close and staff to lose their jobs. Very few will have sympathy with a banker losing their job or bonus. A man or woman shackling society to usury. This is interest on an unproductive loan.

For the past number of months and indeed years, the ‘ordinary man’ has been turning the tables on the Banks. A significant section of the population have become aware of the swindle of modern banking. The banks and the ‘bankster’ are no longer popular.

Even the establishment media can no longer ignore the menace of bankerdom. To provide alternatives is essential.

One of these ought to be an interest free loan for graduates and trainees. Instead of emigrating the young person or young family would establish their own business in their local community. Local Credit Unions would support their initiatives. Co-operatives and Guilds would be established and owned by the workers themselves.

There would be a real sense of social justice and freedom as families and individuals would be free of debt.

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