Yesterday, after dinner and when I was accommodated on the sofa warm with the blanket, my boy took command of the TV and put on 33 (channel Catalan regional television.) They were finishing a meal program typical of other countries that sometimes and we see that channel.
The program did next is what motivates this entry. Was short-lived as much half an hour, titled something like "What do banks do with our money?" and explained that many banks (giving names of some of them, although no English) invest in the manufacture of weapons, dictatorships ... and in numerous illegal business, all in order profit.
The report began by explaining that, to avoid the bankruptcy of many banks, governments have given public money (our money) and put as an example the U.S. with delivery of 14.2 bilion U.S. dollars to banks, having studies put the amount of 30 billion (0.23% of the amount paid to banks) would be enough to end world hunger. This fact made us literally hooked to the TV and the program continued to talk about ethical banking, ie, those banks whose customers are not looking only the return on their savings but know that their money is actually used in social work.
explained that a bank born in Belgium a few years ago, the ACE Bank caught a large number of customers because of its high cost and lack of scruples to profit. The commercial bank did not cut in to explain that the high interest rates were obtained by investing in companies in the third world child labor and companies from countries where security measures were virtually nonexistent, circumstances permitting both cheaper costs and therefore increase profits. We were stunned to see how future customers joked about what seemed to us an aberration. When it was unveiled, some sectors called for the closure of the bank but it turned out there was such a bank and it was a campaign organized by an NGO to open some eyes to the society. Its a very wise conclusion was that if the Bank Ace was close, everyone else should do so because their investment followed the same line of illegality. Here is a story on the Bank Ace.
explained that a bank born in Belgium a few years ago, the ACE Bank caught a large number of customers because of its high cost and lack of scruples to profit. The commercial bank did not cut in to explain that the high interest rates were obtained by investing in companies in the third world child labor and companies from countries where security measures were virtually nonexistent, circumstances permitting both cheaper costs and therefore increase profits. We were stunned to see how future customers joked about what seemed to us an aberration. When it was unveiled, some sectors called for the closure of the bank but it turned out there was such a bank and it was a campaign organized by an NGO to open some eyes to the society. Its a very wise conclusion was that if the Bank Ace was close, everyone else should do so because their investment followed the same line of illegality. Here is a story on the Bank Ace.
Then they talked about ethical banking, with banks such as Triodos , based in the beautiful Casa de les Punxes in Barcelona, \u200b\u200bor Fiare of which I had not heard in life. Interviewed the director of Triodos, a man who had worked 30 years in a conventional bank (I think it was a savings bank) and explained that he had decided to change because he disliked what he had become the bank from the 80's. He said the change was produced not only where he worked in banking but in general, and stirred a bit the consciences of all saying that was no excuse sin of innocents.
And there I was, recognizing that I had never wondered what makes Ibercaja with my money. If I tell the truth, now that no one hears us, they will not get very far with my savings after my inclusion in the mortgage club and I see an entity that is as aggressive as others but I liked the philosophy of ethical banking.'ll keep investigating.
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