Vince Cable of the Liberal Democrats lays down EDM on bank charges.

[Papaumau]

I know that this subject does not specifically concern the pensioners in this country but if any of you have lost money because the banks have been charging punishment charges for anybody that goes into accidental or specific unarranged overdrafts, because the supreme court recently slapped down the OFT when they tried to get these - or some of these - charges back  in bulk, it has been left for Vince Cable of the Liberal Democrats to lay an early day motion to try to redress this failure of the OFT.

Here is a posting that I put into my own consumer forum that I got from The excellent British Consumer forum. I hope that it encourages some of you to write to Mr Cable and to your own MP supporting this EDM.

____________________________________________

Two members of an excellent forum that I visit, Called Smasher & Geekspeak of The British Consumers site  have highlighted that Vince Cable of The Liberal Democrats has laid down an Early Day Motion to attempt to draw to the government's attention that the recent ruling by the Supreme Court that denied the rights of the people who were overcharged by the banks to repayment of these outrageous charges, should be dealt with by new legislation.

This EDM can be seen here and if any of you feel that you could support it then go to your member of parliament and tell him or her so.

The EDM and way to contact your MP is entered below:

Here is the motion http://edmi.parliament.uk/EDMi/EDMDetails.aspx?EDMID=39843&SESSION=903

Here is where you can write to your MP http://www.writetothem.com/

Here is another link to the specific thread on the British Consumers forum:
http://www.britishconsumer.com/forums/showthread.php?t=488

_________________________________________________ _

I hope that some of you can show support for what this man is doing as we ALL need this kind of help from our MPs

This brings us all together in community to help ourselves and each-other out !

[John]

I would certainly hope that Members of Parliament know about this ruling without this motion.

Vince Cable has lost creditability with me over the proposals for Mansion Tax.

This guru was in a political position to observe and speak out first on the many finacial
upheavals we have suffered under this Labour Government.

He has gone into the background more now and I take Mansion Tax as one of the
reasons for this.

Not wanting to stray away from the point - Bank Charges are not hidden. Nor will
the Bank shy away from telling you about them if you ask.

No doubt many of these charges were riding on the availability of easy credit - fine
if you can pay it back. But really expensive if you don't - how many people do not know this?

[Papaumau]

Two points that matter here that Vince Cable will help with by using his EDM:

1). The whole scandal will get back into the public view after the Supreme Court kicked the subject into touch by slapping down the OFT.

And.....

2). It does not matter that the members of parliament "know about this ruling" if nothing is done about it as well.

It is obvious to Cable and many others that the Supreme Court ruling did NOT fix this festering sore and that something MORE needed to be done.

As far as I am concerned - not being a Liberal Democrat supporter - anybody of any party that wants to help with this problem is going to get my support and deserves your suppport too.

[John]

Talking about the Supreme Court - another introduction from this government whose
aim is to spend, waste, spend.

Estimates are that this cost at least £50 million pounds to set up. Then there
are the running costs of say £5 million pounds a year.

Of course it has made space in the Lords - no doubt being filled by those
who will lose seats because of their greed in the next Election.

What these Bank Charges need to balanced with is the thousands of percent
in interest that the poorest in the land are paying for small loans.

Now if Vince could come down to earth now and again - that is something
that needs to be looked at.

[John]

Now that the government quango OFT have given up.

Bank Customers are left out to dry - unless they have
more resources then Bank Charges brought in the
first place.

This EDM is just window dressing now - there is
nothing to back it up.

[Papaumau]

I think that it would be a foolish thing to dismiss ANYTHING that fights on our side.

Instead of rubbishing Vince Cable's efforts everybody should be getting behind it.

It was only because enough people felt strongly about this subject that it got to the supreme court in the first place.

The war is not yet won even if one fight has been lost.

[John]

So why has Vince Cable gone quiet about the OFT dropping out?

This motion is about the OFT continuing with the action (prior
to the knowledge they were dropping out).

Liberal Democrats behind the times again and when a situation
changes they fall silent.

Perhaps they planned to jump on this horse for election purposes
but have now fallen off it, before it even started moving...

[Papaumau]

They are "silent" probably because they are at the moment on holiday - like the rest of us are.

I would expect that this would come back to the fore once the parliament is back to work. It was unfortunate that this was initiated at this time of year.

It is sad that something as good as this might be is being attacked out of party-political reasoning. This matter is important enough that it should transcend all party politics !

[John]

I forgot they were on holiday - about 3 months a year now isn't it.

I expect many of them find time to put in their expenses otherwise.

You know how expensive Christmas can be...

[Papaumau]

And I suppose all of that is Gordon Brown's fault too eh ? 

[John]

Yes - They are the Party that hid the expenses and spent at at least 2 million pounds
to try and continue to hide them.

They were only released long after they were leaked. Again by Brown heavily censored
as to make them unintelligible.

They are still kept secret prior to 2005, there must be millions of pounds worth of
false claims.

I hope this explains why it is Browns fault and this together with many other matters
lead for the call that Brown must go.

Want to wreck the economy further, ensure no future for you or your children - Vote Labour.

[Papaumau]

AND...being a bit of a seer  .....I foresee the next mob making things much worse for the people in the middle and the people at the bottom.

Do not expect diddy-Dave and his elitist Etonian chums to give a diddy-DAMN about you and yours when you put them in power in the next general election.

Your blind hatred for Brown is closing your eyes and mind to the good that Labour has done while in power and all you are able to see is the bad.

Do you want me to give you a list of these good things or can you find this out for yourself ?

[John]

List Please

Do I detect a downer on the Conservatives?

David Cameron may be a Toff - but I do not believe him to be a control freak.

He can also speak without reading from a succession of cards.

I observe them as the only proper opposition.

But I have not decided who I will vote for,
mainly because the candidates have not
all come forward yet.

[Papaumau]

List Please

Do I detect a downer on the Conservatives?

David Cameron may be a Toff - but I do not believe him to be a control freak.

He can also speak without reading from a succession of cards.

I observe them as the only proper opposition.

But I have not decided who I will vote for,
mainly because the candidates have not
all come forward yet.

Yes, I AM down on the Conservatives as I have a memory that is still working.

If you or anybody else think that David Cameron and his upper-class twits are going to serve the ordinary people of this country if they get in next time round, you are in for a shock as he is just as right-wing as Thatcher used to be and what is worse, he is better at hiding the fact.

This youthful, plausible and acceptable face of Conservatism is backed up by a hard-line bunch of grandees that are pulling his inexperienced strings and once in power you will see the REAL Diddy Dave standing up.

OH...and BTW...you will find "THE LIST" here, if you are willing to actually read it:
http://www.vernon-coaker-mp.co.uk/what-has-labour-done-for-you

[John]

I will look at the list.

I see you have to follow the only weapon Labour think they
have - one of class.

That will fail.

Labour have more than their fair share of Toffs.

Don't you know old boy...