Tom Brennan - BBC News 24 today - Declans Spot

[Amethyst]

and Stephen Hone was on GMTV this morning.


Both stating the expected outcome is similar to that of the credit cards - a cap on charges at £12.00.

[TANZARELLI]

Re: Tom Brennan - BBC News 24 today - Declans Spot

At least he did comment that credit card caps were also still being legally challenged and that the same thing would inevitabley happen if a simialr situation happened with bank charges.

[TANZARELLI]

Re: Tom Brennan - BBC News 24 today - Declans Spot

Here you go folks in case you overslept:

http://www.gm.tv/index.cfm?articleid=24657

[Amethyst]

Re: Tom Brennan - BBC News 24 today - Declans Spot

fabulous thanks Tanz

[TANZARELLI]

Re: Tom Brennan - BBC News 24 today - Declans Spot

No probs you can re-locate the link if need be.

[Guest]

Re: Tom Brennan - BBC News 24 today - Declans Spot

I think GMTV have bandwidth issues.

Not only that, Clare Francis from the Sunday Times is another one being fooled by the argument that the banks have some kind of entitlement to profits derived from unlawful activity and that if that unlawful activity is curtailed, then they will be permitted to increase prices elsewhere in order to make up the "shortfall."

Let me put this in simple terms - if Tesco decided to sell Crack Cocaine because the profit margin was higher than bread and then, because it is unlawful to sell Crack Cocaine, they were prevented from doing so, would it be reasonable that they then increase the price of bread to make up the "lost" profit?

[TANZARELLI]

Re: Tom Brennan - BBC News 24 today - Declans Spot

lol you might spot a few selling it outside of the Tescos near me. I see your point and the only reason they use this arguement is to cause other consumers who may keep their account in order without fail, to be up in arms about it.

Funnily enough there is a growing band of anti re-claimers over on MSE and I have have many a debate with them over there about the lawfulness of what is happening. I basically said if a small charge to all means the the minority are not being unlawfully fleeced as they have been doing to pay for so called free banking, then so be it.

[scottishlass]

Re: Tom Brennan - BBC News 24 today - Declans Spot

I have also read some anti-reclaimers posts,ohh to be so perfect,they are scared of losing a few pounds,with not a thought of the poor souls that are losing hundreds every month.