Safe Speed Forums

Apps to mods if a pea roast ,but short of time .
Some might like to add to this e - petition ,if only to see if this lot are as good at ignoring e petitions as the last lot

http://epetitions.direct.gov.uk/petitions/6571

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lets bring sanity back to speed limits.
Drivers are like donkeys -they respond best to a carrot, not a stick .Road safety experts are like Asses - best kept covered up ,or sat on

Sorry. No. Paying bank charges is optional so why do we need legislation?

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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
When I see a youth in a motor car I do d.c.brown

Quite.
Don't borrow: Don't pay.
Sorted.
Personally, I'd like to see an end to fractional reserve banking......but that ain't going to happen either.

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing

That's maybe true if you have money

So perhaps to stop us from having to hop from one to another all the time just to get a decent deal? You know, like the old days when didn’t have to keep moving money every six months. I know we all just accept it these days but I remember the time when my life wasn’t so consumed with these things.

I’ve had a bank account with Barclays ever since I went from a wage packet to being paid directly into a bank account in 1977ish. I don’t want to have to spend X amount of hours each week checking what they are all ‘up to’ to get a good deal.

It’s the same with gas and electric, with offer after offer when all that really happens is you jump to eon because nPower is more expensive and then back to nPower and then onto British Gas. And so it goes on, ad-nauseam. Well, it makes me sick anyway. Maybe I’m old fashioned, or lazy, but unless there is a big difference I just don’t want the hassle and there shouldn't be a big difference IMO because it's usually an indication of something more insidious or risky.

I know they need to make a profit but surely a little bit of regulation isn’t a bad thing for the elder, lazy or less savvy amongst us and can save some of the more vulnerable people from getting ripped-off? I could get more involved with it all but I actually just want to get on with living my life, not stuck in my study looking at Go Compare, Moneysupermarket or listening to Paul Lewis on Radio 4. (Nice guy though he is ).

I think that rant was me being a grumpy old man soz

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The views expressed in this post are personal opinions and do not necessarily represent the views of Safe Speed.
You will be branded a threat to society by going over a speed limit where it is safe to do so, and suffer the consequences of your actions in a way criminals do not, more so than someone who is a real threat to our society.

You don't need to do all the financial comparisons. Just keep your bank account in credit and you won't incur any charges. Simple as that. Would you allow your bank manager to walk into your study and help himself to some money from your wallet? No, I thought not. Then why do you think that you are entitled to help yourself to the money held by the bank in trust for other people without sanction?

Banks are one of the few instances where you really do get an almost free lunch. On my current account my bank "charges" me the interest on my average balance of a few hundred pounds - maybe a tenner a year. For that trivial sum it gives me a cheque book, allows me to manage my account online 24-7, arranges direct debits and standing orders. I wish that the other professionals I deal with - solicitors, accountants, doctors - came so cheaply.

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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
When I see a youth in a motor car I do d.c.brown

But not all of us can stay in the pink dcb. I’m pleased for you, that you can, but there’s many who are struggling - especially in these austere times. I’ve lost count of how many people I know who have lost their job or, as a result, have had to take one with less pay. You can’t always just downsize your house and outgoings.

Then there’s another sector I know well who are leaving University having racked-up £20K +. My friend did this a while ago in the hope of becoming a nurse. I can’t remember how many times he swapped credit cards offering 0% transfer deals for six months; playing one off against the other.

I’m one of those who have gotten into debt because of the house I bought three years ago. I’m not exactly irresponsible with money but it’s hard for the first few years. I’ve had to take in a lodger to help. Then you have the price of fuel, food and utilities etc. going up. All these little things have an impact on 'pond life' like me

So it’s rather glib to say keep in credit. Everyone would like to but that’s idealistic, not realistic, so the banks shouldn’t take advantage of those who haven’t got the money which is what happens. It’s easy to make or save money when you have it but very hard if you haven’t. Money begets money an’ all that. My lodger has made £300 so far this year on Premium Bond wins. I haven’t because I can’t afford them. He also gets £5 credited to his account each month for staying in the pink. This comes from us poor buggers who don't.

Did you get my begging letter btw?

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The views expressed in this post are personal opinions and do not necessarily represent the views of Safe Speed.
You will be branded a threat to society by going over a speed limit where it is safe to do so, and suffer the consequences of your actions in a way criminals do not, more so than someone who is a real threat to our society.

I was under the impression that banks were there to lend money

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nigel_bytes

Banks are there to make money, not lend it, that's why they charge interest.
And since most of the money is "made" by banks they charge interest on money they have lent that doesn't exist (until they lent it)

http://www.economania.co.uk/money-matte ... -kruse.htm

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing

Whilst I sympathise with anyone who has hit on hard times, you can't expect the banks to lend them money for free, even if it is the Bank's fault we are in this mess in the first place.

But they're lending money they have not got and charging interest on it !
They do not move the 10 thousand you just borrowed, from their account to yours, they just credit it to your account without actually having it......
In the states the banks are required by law to have 10% of their "lending" available as an asset....but that still means they have "lent" 9 times more than they have to back it up.
They're literally making it up as they go along.......

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing

Yes, that's what banks do. Don't like it then don't use them.

Building Societies operate under much stricter rules.

There used to be clear'ish distinction between them but I have been led to believe they are all much of a muchness these days.

When I was a lad I used my bank to get my salary paid into and write cheques but if I wanted to save money it was a very separate thing which a Building Society specialised in. They were simpler times...

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The views expressed in this post are personal opinions and do not necessarily represent the views of Safe Speed.
You will be branded a threat to society by going over a speed limit where it is safe to do so, and suffer the consequences of your actions in a way criminals do not, more so than someone who is a real threat to our society.

No Tone. The legal distinction between Building Societies - owned by their members - and Banks - owned by their share holders - has not changed. What has happened is that many former Building Societies - at the behest of members wanting to make a quick buck, and chief executives wanting to increase their salary - have converted to banks whilst trying to cling to the odour of sanctity given by their former mutual status. To confuse matters further a number of Grocers - Coop and Tesco - have gone into banking. And banks are now the major source of mortgages.

Times were indeed simpler 40 years ago but it was much harder to borrow money because Building Societies were very careful of their members money. Which I see as a good thing though many will disagree.

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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
When I see a youth in a motor car I do d.c.brown

Can't argue with you there dcb, nicely put. For myself, I don't buy into the likes of Planet Tesco and I no I don't want a loyalty card. I'm loyal to no store and I don't want points, I want cheap products; or rather good value.

I have been using Lydl and Aldi for years but notice their prices are not as competitive as they used to be.
Just recently I was in Poundland and noticed the very same bottle of Fairy washing up liquid was £1.79 in Lydl. Your other big chains are even worse so either they are completely ripping us off or Poundland are using it as a loss leader..

Sorry to drift but I think banks are probably doing some equivalent. I want the Poundland of banks; no frills or points and preferably no shareholders.

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The views expressed in this post are personal opinions and do not necessarily represent the views of Safe Speed.
You will be branded a threat to society by going over a speed limit where it is safe to do so, and suffer the consequences of your actions in a way criminals do not, more so than someone who is a real threat to our society.

Tesco and Sainsbury's both have big banking operations. Now, just ask yourself, who is more likely to go broke in the current financial crisis, the big supermarkets or the banks?

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Malcolm W.
The views expressed in this post are personal opinions and do not represent the views of Safespeed.

The banks are already broke.
Not so technically, their liabilities are larger than their assets.
Personally I would not rely on supermarket banks either, since they use the services much the same as the main banks....look into their affiliates.
At the moment i am looking into the comfort of a mattress stuffed with cash......since the major banks are highly likely to be disaster areas soon.....the next government to default on its dept will force the industry into massive insolvency.
Several of UK banks have absorbed 46 billion pounds this year in government support.....and the problem is ongoing and growing.
If the banks go down, so does your money supply. No atms', no direct debits, no cards operating, including credit cards.
Money, as in the green stuff of legend, will cease to be any sort of tender.....back to barter, larceny, and riot.

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing

You paint a very negative and vivid picture there Jom. I'd like to say it couldn't happen but then who would have believed we'd get to this ridiculous economic state.

Well, let's not forget Woolworths and their like, but I got to go with the Banks going under unfortunately.

My problem with it all is at this rate we will be going to Tesco for a vasectomy or to give birth. There'll be a theatre annexed to every Tesco Plus, complete with an A&E. Is this what we want? I don't. I want to save at a Building Society like the one I used to have with the West Bromwich; no shareholders. If a want to see a doctor I'm happy to go to his surgery. If I want an eye test I don't want to go to aisle 69 which has a special booth.

I was born 30 years too late methinks. I can keep pace with it all, I'm not inept, I just don't want to and it's got everyone paranoid about their finances. Also, I think many people have underestimated the impact all this change has had, is having, on many of the elderly or computer illiterate. I have a friend whom I help every year to get his car insurance online, and he’s not alone. He used to go to a local broker he knew and trusted as indeed I used to; Hill House Hammond if anyone remembers them..

I suppose one way to manage it all is to use Secure Homes, like my dear ole mum did, if they are still around..

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The views expressed in this post are personal opinions and do not necessarily represent the views of Safe Speed.
You will be branded a threat to society by going over a speed limit where it is safe to do so, and suffer the consequences of your actions in a way criminals do not, more so than someone who is a real threat to our society.

I have just moved from RBS to Co-operative Bank which is a mutual and thus without shareholders. But it does pay you the divi

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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
When I see a youth in a motor car I do d.c.brown

I can't imagine the government bailing out a failing supermarket chain the way they did the banks

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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
When I see a youth in a motor car I do d.c.brown

All the s/marts act as brokers for insurance. They carry no risk themselves.
I cannot imagine they are "real" banks, any more than the post office (which operates its own "bank") is.....they affiliate to other organisations.
If the banks go down then the s/marts card swipers will not work......and since cash will also be useless, for any real purpose, you had better hope you have something to exchange.....
As far as banks are concerned the government is the "lender of last resort".......which you will recall has been used, and continues to be used NOW, as such......
The "bank bail-out" was very fortuitous for the banks that had the "loans", since their LOSSES can be used for tax advantage, and the INTEREST on the government loans can also be used for tax advantage.....so the government guarantees them the money, and pays them for their losses, and pays them a proportion of the interest.......that they charged them....bearing in mind that all the major banks have massive overseas tax-haven operations as well.....
Now the gov wants to split retail from investment in the banks, so the banks will have to have much larger reserve-to-dept ratios....some say as much as 30%....which still means that they are lending more than they have.....
Back to the planning stage again.
Others have pointed out that the system the worlds banking uses (fractional reserve) depends on economic mood-swings (boom and bust) to operate.
As such, any resolution carries the seed of its own destruction.

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing