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This is the first double addition of Fact Vs. opinion to date. The first thing I want to look up and discuss is one I have been looking to write about for some time. The latter topic is one which is somewhat hot off the press and once again shows the world we live in. You know me, I’m the kind of person who likes to say “Once and again, we see something so clear for us all to see.” The problem with this though, is that not many people really choose to acknowledge it.
So ok, here I go…its been out there for some time now about how those companies, which still today I see on TV were taking big amounts of money, just like the people they were attacking. These companies have the common voice over that is hard to forget… “If you didn’t need, want or ask for it…” The PPI scandal is what I’m referring to. We almost became so accustomed to hearing and seeing those adverts. I’ve learnt in life that nothing is free, a business offering services, is supplying a service in return for something else. In the legal world we call it consideration. There are many ways to phrase it, I’m sure you can put it in your own way. You do me a favour and I do you a favour, you scratch my back I will scratch yours. These are things we could depend on before, now we have breaches in these statements based on greed. The companies which were helping, were actually helping themselves and using you as the object. After this came out to be a scandal, let me ask you this…Who did they say were the people who could help more? They told us the banks were the ones who could help in PPI claims.
This last sentence fitly moves me on to the next, recent event. Barclay’s have recently been caught up in a scandal and for what reason? They in some senses stole money, by holding back people’s money and by overcharging in other areas. Barclay’s were manipulating the interbank rate and by no means only blame Barclay’s. They were the scapegoat but other banks were clearly involved (ITS CALLED THE INTERBANK RATE). Banks have proven time and time again that they cannot be trusted, and I advise anyone, to use a bank with a pinch of salt. Put not all your faith in banks because they will prove themselves unworthy of your faith.
Final words, just use more sense in the beginning and the end wont be the same. We all make mistakes and what we are to do is learn from them not keep swimming around them.