http://www.yout...h?v=jY4ecFSLDCg

I think of their tax schemes.

ROFLMAO!

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Working in small fast moving tech firrms we all become a bit blase about assuming that everyone else values the strength that comes with honesty and transparency. When in fact the biggest pillars of our economy have become geared up precisely to obscure and confuse the situation,

Its precisely the ‘avoidance’ of scrutiny mentality that has led to the laughing stock that the finance sector has become. Perhaps rather than chasing the Guardian they should take a long hard look at what has become accepted practice in their industry.

Excellent post.

Achieving tax efficiencies is a very important aspect of financial services. The omission of the bank’s risk assessment, although on the surface appearing deceptive, was done so to protect the firm’s intellectual capital as they would not be capable of generating profit in a business that competitors fully understand and can participate in.

It is through Barclay’s intimate knowledge of tax laws and legal loopholes of governments as well as an apparently intimate knowledge of how the governments would potentially challenge such tax efficiency strategies that makes Barclay’s business viable.

be afraid… very afraid…

Without them, many of the newspapers can easily get sued for defamation and libel, as UK has some of the most ridiculous defamation and libel laws in the world.

Newspaper publications are also a different story regarding UK publication Law on and offline,

But also note its a thin line to walk.

Fleet Street has been well and truly dead since the 90’s not only from advertising lost to the web but severe censorship, upholding free speech on the net is a must for any news media site.

You can’t beat banks because cash is becoming archaic. Everything will be digitalized, and you will have to have a bank. The problem is they can make retarded ammounts of money from their schemes.

Interest rates should be nothing, but debt = money for banks. So if you want money you need to pay for it and then some. Not that big a deal, but they never seem to drop interest rates very much. Why would they it equals more profit for them.

Overdraft fees. Even if you put the money in the same day the bank gives you no timeframe or notice that your funds have depleted. They do this on purpose because if you overdraft that equals loads of money for them. In fact they hope you never pay your overdraft fee so they can take out an overdraft fee for not paying your fee. It is a catch-22 cycle that drives people crazy. But who can you get made at? The government is socialist and borrows from the banks themselves.

Account service fees, these are my favorite. You get charged for simply having an account. As if they aren’t making enough having a surplus of your cash, you need to pay for extra savings accounts. They will even charge you if you transfer too much money from savings to checking and vise-versa. How is transferring your money costing them a dime? Do we need to pay for their webhosting?

Currency converting fees… They have an automated calculator that does this for them when it enters the banking system. However it charges you for it because well, why not? Any chance they get to tax on a little fee to your account is BIG $$ for them.

So am I surprised a bank is trying to create loopholes to not pay tax? No. However I am outraged, and demand our monetary system be converted back to clams.

We also all know what is done in the name of money – kids are used by adults as prostitutes in places like Thailand, women and illegal immigrants are trafficked, as are drugs and porn across the world all for power and CASH- people are stabbing and killing over money

All of this dirty cash is probably mingled together in a big pot called – an off-shore bank – the very places where most of the wealthy are keeping their stash of cash hidden along with the banks that haven’t gone bust.

It is all so big and HORRID that I think sometimes it is easier to switch off the TV, close the paper and give the mind a rest
- we KNOW –

I mean if I know all this stuff you can bet just about everyone else on this planet with a TV or a town crier of some kind KNOWS it.

Watcha gonna do ? – have a revolution – all live in hippy utopia share out stuff equally – well it won’t happen – their will always be a runt of the pack and a piggy that gets fat.

I don’t know what the answer is – we will probably be hit by a meteorite at some point and fried in our own juices.

Until that day I am gonna try to make some of this stinking money to keep the beasts off my back – it’s called survival.