without saying anything bank cuts interest rates on my savings
Centre Parting added these comments in the current discussion du
jour ...
Well, he's right. It IS a variable rate - just like a variable
rate mortgage.
You're happy to profit from your investment while the market's
high - but now it's fallen, you're blubbing like a baby.
Greed whatever they might tell you, is not good.
Not sure, but the OP's comments smack of those of a Socialist who
believes that the government owes them cradle-to-grade benefits
including income, "free" healthcare, and plesant events such as
guaranteed high interest on their money. A prime example of this
warped thinking is the nonsense that flows from Aardvark's fingers.
He really does think that a) healthcare is entirely free and b) his
gubmint actually OWES him a living. Neither is true. Those who
produce in an economy and pay taxes are the ones that always have
to pay for the lazy and the stupid, who simply draw on benefits
without contributing.
In about any country you want to investigate, the top 5% of wage
earners usually pay 95% or more of the ENTIRE government's budget.
In pathological cases, as in New York City, of a population of over
8 million, only 48,000 pay something like 97% of the taxes! Talk
about unfair!
Hehe.
john decker wrote:
I heard on the radio early thursday morning that Barclays Bank
have cut their interest rates on their ISA's from about 4.0% to
0.1% without telling anyone.
Luckily its painless to get some forms from the Building
Society next door and they do all the work transferring the
account and are paying thirty times as
much interest.
When I went into Barclays and complained about changing the
interest rates without telling anyone. He said with a smirk on
his face; " It's a variable rate, sir ". Do they teach them
to reply with answers like that ?
--
Jerry, aka HP
"If you are out of work and hungry, eat an environmentalist" -
Florida billboard
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