saveourbank.coop

What can we do to change the minds of decision makers and people in general to actually do something about preparing for the forthcoming economic/energy crises (the ones after this one!)?

Moderator: Peak Moderation

User avatar
emordnilap
Posts: 14814
Joined: 05 Sep 2007, 16:36
Location: here

Post by emordnilap »

stevecook172001 wrote:In a capitalist system with as little regulation as ours, ethical banking is an oxymoron
As one who sees little point in bank accounts for the majority of private citizens, I say "well said Steve".
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
cubes
Posts: 725
Joined: 10 Jun 2008, 21:40
Location: Norfolk

Post by cubes »

stevecook172001 wrote:I have to admit, it makes me laugh when I hear of hand-wringing liberals agonising over which "ethical" bank to go with.

In a capitalist system with as little regulation as ours, ethical banking is an oxymoron
+1 here
MrG
Posts: 613
Joined: 02 Sep 2009, 12:43
Location: Home :)

Post by MrG »

emordnilap wrote:
stevecook172001 wrote:In a capitalist system with as little regulation as ours, ethical banking is an oxymoron
As one who sees little point in bank accounts for the majority of private citizens, I say "well said Steve".
Aye. I agree with you there actually. After my last debacle with banks (in 2008 funnily enough) I didn't want a bank account. But it can be difficult in the UK - I don't know about Ireland - but in Wales and England at least.. to get paid if you don't have a bank account.

Unless you work for yourself and can get cash of course.
User avatar
emordnilap
Posts: 14814
Joined: 05 Sep 2007, 16:36
Location: here

Post by emordnilap »

MrG wrote:But it can be difficult in the UK - I don't know about Ireland - but in Wales and England at least.. to get paid if you don't have a bank account.
Yes. As far as I know, employees getting paid in cash is entirely at the discretion of employers. The legislation in Ireland, last time I looked, still allowed for a right to be paid cash at the employee's request but no doubt our regime will be changing that at some time.

One could always open a credit union account. Wages can be paid into there. It's one of the least worst options.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
User avatar
PS_RalphW
Posts: 6977
Joined: 24 Nov 2005, 11:09
Location: Cambridge

Post by PS_RalphW »

I lost my only bank debit card last week - probably dropped in the crush at the supermarket till. When I noticed 5 days later I dropped in the bank branch to have it cancelled and replaced. I was not too bothered by the delay as my wife's card on the joint account still worked.

Manager type very helpfully called me into the office to go through the process with me on her Windoze machine. First she cancelled the card - except she cancelled my wife's by mistake, right in front of my eyes. Neither of us blinked. Nothing she could do, transaction not reversible, interface had been confusing. We both carried on, she arranged a cash withdrawal, I informed wife. No point making a fuss.

Banks are pretty useless.
Post Reply