The Nigel Farage bank cancellation Farrago is an indication of an organisation getting involved in social engineering where it has no business.
It's not the remit of banks to steer customers in a certain way, it's not their job to promote a certain political agenda or ideology. It's certainly not their job to debank customers if the customer doesn't fit their political ideology.
This is again another example of organisations overstepping the mark. Banks are not political organisations and should not be engaged in politics or promote a political ideology.
By all means say you're pro whatever cause, that you support people. But as an organisation you must support EVERYONE, irrespective of their opinions, their race, colour, creed or religion.
It goes without saying that race and religion are protected from discrimination by law, but do we really need to add legislation to protect people from discrimination based on their opinion or ideology?
Because that's the way things are going.
It's stupid and just adds to the cost of governance. It's an unwritten rule in the UK that we have freedom to speak freely. Yes there are caveats to that, I'm aware of, but in the main, people are free to have an opinion and should not be penalised for it. It's no business of the banks or any other Corporation whether I supported Brexit, whether I hate Jeremy Corbyn with a passion and think Boris Johnson is a dick led by his.. dick.
None of that nor what I post here should be in the Bank's remit to affect. Their purpose is to provide banking facilities for customers and to make a profit for shareholders. Period.
Banks, Building Societies, global corporations can support whatever cause they like, but it should not impact their core business. It should not be imposed upon their customers. In fact it should work the other way round: the customers decide if they want to continue to do business with the organisation espousing views in opposition to them.
It reminds me of the housing association that stopped one of their tenants from using a wood burner at the height of the energy crisis, because it would affect the housing association's commitment to global warming and CO2 production. The tenant had made no such commitments and I'm sure no commitment was enshrined in her tenancy agreement.
Overstepping the mark and acting as moral guardians to customers by organisations that have no business getting involved is something that needs to be stamped out immediately.
We vote in politicians to do the social engineering and we vote for them as long as their values align with ours. With corporations we will do business with them as long as their values align with ours, not the other way round.
There seems to be a lot of this top-down overbearing bollocks coming from several organisations. It's a recent phenomenon and I just wonder where it's coming from. Farage mentions "the institutions", by which I assume he means the educational establishment. But it goes further and is a wider problem. It'd say that the whole idea of top-down corporate parenting is coming from the WEF and other supra-national organisations.
Organisations we do not vote for.
Which breaks the covenant that the public have with politics: we allow those to have control over us, as long as we decide who holds that power. We vote them into office.
We do not vote corporations into office, we do not vote bankers in to political office, we do not vote charities into positions of power either, nor the WEF. The main reason I voted FOR Brexit was because the EU had too much power over us without us having the ability to vote them in or out of power.
I don't now need the Banks trying to fill the gap, or anyone else.
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