banks

One Food Bank Opening In UK Every Four Days

published by lollywood on 21 April, 2012 - 19:08

Food banks were almost unheard of just a few years ago - now they are being opened in the UK at the rate of one every four days.

For Kenny and Leanne Jones, spiralling debts caused by rising utility bills and high rents led them to the St Andrew's Community Centre in north Liverpool.

The goods they will take home from the food bank there to their four children will mean, for a few days at least, there will be meals on the table.

Eric Cantona

published by malik on 3 December, 2010 - 20:09

CANTONA TAKES ON BANKS

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Cantona says 7 December 2010 is Revolution Day againt the Banks.

Football Star takes on the banks. He wants to help the people who are being ripped off by rich fat cats. He says they are all cons who are fooling the people. They keep raises prices, more taxes, cutting services, raising fees, and find all sort of new ways to milk the poor people. He said banks must be punished. They caused the financial crisis and mass unemplyment.

French Government warns Eric Cantona

French ministers and bankers have warned that the call by the former Manchester United star, Eric Cantona, for citizens to withdraw all their money from banks on 7 December could wreck the banks and inititate double dip recession.

The banking system is evil

published by You on 5 October, 2010 - 18:23

I have probably mentioned this before, but i will say it again: the current banking system in many countries in the UK is evil in a sense that is purer than most evils.

So how does the banking system work?

First, there is the theory - people put their money into banks, while that money is just sitting there, the banks use that money to invest into other enterprises in order to make a profit while making that money available to the savers when they want it.

The investment can be in business, in enterprises or as loans to individuals and firms in order to get them to do their jobs and make even more money.

That sounds benign enough.

But what really happens is not exactly that and over time the corruption of the system has balooned to take over.