Often everyday of our lives,we go through them without realising the earthly forces that govern our actions,that hinders our progress and abilities. This is not right.
Sometimes our talents are never realised or they die in their infancy. These forces are the centre of our existence and when the centre falls sick,we catch the bug too. When the centre stutters and falters,we also stutter and falter. Im talking of banks ladies and gentleman. These are the animals that we created hoping we could tame them...instead they are now the masters of our future "destinies".
From Madrid to Mkandla,from Buenos Aries to Bulawayo,from Saigon to Seattle,banks have become the new nemesis after the HIV/AIDS pandemic. They have become the rulers of this world with the corporate boys telling us what to do, including those that wield political power,they are wiped into line when they talk to their bank managers. It is this unlimited powers that they have, that lead to them abusing them and in turn abuse us. They take us into recessions when their egocentric selves fail to read their numbers correctly. When they are in a messy,they come to us again for bailouts,begging us to feel sorry for them and give them our hard earned cash.
When an ordinary Sipho goes to them looking for a mortgage,what do they do? they start telling poor Sipho that he is not eligible because of so many reasons that when Sipho comes out of the bank he will be so confused and dejected he wont know what to do. But before he goes out of the bank,they will give him their first requirement...,"Sipho come bank with us and we will definately do something for you..". He is hooked by the soft speaking bank manager who needs to meet his targets. Sipho does not know this.
The title of this piece asked us a question that whose interests are being served ladies and gentleman. Banks are a selfish capitalist system that does not care about anything except three things. They care about profits,profits and profits. After this, its giving the executives "dirty" bonuses. After the bonuses they start crying of liquidity crunch,that they caused,then they want us to bail them out.
I say its high time we start following the way banks in the Muslim world operates. It is a tight system designed with utmost precision to guide against the evil temptations of money. It seems capitalism have always failed us,will continue failing us and its high time we tame this animal before it sucks out our lives. I have absolutely nothing against capitalism, i just think it a wrong system all together
Selfishness is the thing behind all this stuff. Capitalism is very much killing many sectors of our society and there is need for us to begin thinking critically on how we can subvert this system! Its a threat to our survival!!
ReplyDelete@The Bizness Interesting article..But we cannot survive without banks regardless of their evil and capitalist manner. The relationship is reciprocal maybe just maybe it's a necessary evil.
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