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A bank wouldn't close a persons account due to political allegiance. It's more likely they've been doing dodgy shit.
I keep hearing this more and more. Banks shouldn't be allowed to just shut down someone's bank account suddenly without warning or explination. You need a bank account. You can't opperate in the modern world without one. It's unpersoning someone.
If the account is being used for criminal activities, laundering or circumventing sanctions, among other things, then they are legally obligated to freeze activity on it.
Farage is doing his usual of bullshitting to create rage bait blaming the establishment of trying to stop him bringing the truth to people when the simple fact is he is part of the establishment and he is a filthy, lying grifter.
Farage's worse than dirt.
But you'd have to be completely insane to see this as a good thing.
Banks should not hold that much power, this is effectively a privately owned social credit system.
Farage blatantly has income sources that would fall foul of UK banking anti-money laundering and sanctions rules. They absolutely should have the power to not provide banking services to people funded by illegal dark money. More than that, they have anobligation not to
Again, I complain about due process, not about the decision itself.
Banks are private entities and can choose who they wish to do business with. You have no inherent entitlement to use their services.
Banks have been doing this forever - you just care now a person on the right is complaining.
No, they're a necessary part of modern life and they should not be able to arbitrarily refuse service. This should be done under government supervision.
The same way you are entitled to health care, groceries or public transportation.
And I complained the same way when Mastercard and Visa blocked payment to wikileaks.
It's about the principle of the thing, it has nothing to do with the person victim of the process.
No-one is stopping him opening a bank account. He could go and open the same proletariat bank account I have, that most people have, that you probably have. No background checks, no credit, no problem; just proof of address, sign here, here's your debit card.
He isn't being denied banking. He's being denied a secret channels where he is carrying our transactions so fucking nasty, so tainted, so illegal and so fucking repugnant that even the companies that prop up slave owners, terrorists and nazi gold hoarders are saying it's bad for business.
Knowing the guy it's entirely possible that he's lying, but he claimed that he tried seven different british banks and was denied each time.
I haven't found a definitive denial or confirmation of the story, except a few articles where the journalists contacted uk banks and received a "no comment".
I don't dismiss it, since it happens among other occurrences of banking institutions trying to act like a judicial power on their own. Namely the wikileaks donations block, and the surrealistic paypal 'disinformation fee'.
If he genuinely took money from the russian state, or purposedly tanked the pound sterling in order to short it on the forex market (I didn't make that one up), it stands firmly in the realm of criminal behaviour.
So by all means, investigate, jail him, fine him, cut him into pieces and shoot them into the sun for all I care.
But I think banks do this kind of stuff to pretend that they autoregulate, and avoid genuine government oversight.
Allowing this to happen, even to the most unlikeable person in Britain, sets a precedent which makes me uneasy.
Then again I might just be bullshit, what do I know, I couldn't find the info.
“Farage expresses concern that without a bank account, he feels like a non-person and may struggle to exist and function in modern-day Britain, suggesting that life in the country is becoming unlivable for him.”
He is finally feeling the consequences of brexit. This is exactly how a hateful nationalist should feel. Like a non person.
Fuck around? Its fine out time.
Good riddance
this post was submitted on 30 Jun 2023
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