As if the corrupt Duffy/Senate scandal isn’t enough to sicken us, I recently stumbled across the financial profit reporting for Canada’s five major banks.
Why is it that the neverending, uselessness and theft of the self-serving Senate, (enjoyed by all governments), continually get the attention from media, while the outrageous and gross financial piracy of the credit card and banking system go silent? Reading the sentences that spelled out, thousands of employees to be laid off at the end of their fourth quarter, in order to save money, made me grit my teeth.
I thought, how disgraceful it is to take away these people’s jobs, because the banking system is expecting a slow 2014, yet they post a record, $29.2 billion profit among them for 2013.
This has a way of killing the Christmas spirit and brings new meaning to “How the Grinch stole Christmas.” It’s not difficult to figure out how damaging this financial crime is to the average citizen.
There is not much an individual can do to control these greedy corporations, so, needing a little peace of mind for myself, I sought out an alternative that would free me from feeding this animal any further.
I joined a local institution that offers a “No Fee” account, offers very competitive interest rates, pays back, in cash, a percentage of interest paid for the year, offers great services and supports local charity needs. The profits they earn stay within the local economy. They were very easy to talk to and set me up the way I needed to be set up. I was amazed and had I known of this opportunity sooner, I would have made the move some time ago. If folks are fed up with continuous bank fee increases, you’re not stuck with them. Check out the competition and you may find the Robin Hood (without the stealing) of banking. It may not be the answer for everybody, but for me, it gave back a little of that lost Christmas spirit.