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Stabroek News

Bullying tactics by the banks
published: Monday | November 26, 2007

The Editor, Sir:

In response to your article in Saturday's Gleaner, I am very concerned about this matter, and wondering when was it that we the people of Jamaica lost our free will. What right do these banks have to try and deny people the right to live comfortable.

If they feel that they are losing business then they should offer their clients a more financially profitable way of five per cent per month, they can afford it!

On the matter of firing employees who are members of these clubs, this is extremely out of order. Are we in the Gestapo now?

Stop witch-hunting

They need to stop this witch-hunt and realise that people are not going to back down, because for many of us this is the first time that we are experiencing some financial freedom.

Also, people can now spend and put money back into the economy, and for that matter a lot of this money will end right back with them. This is a very volatile issue and they are tampering with people's free will and extra income, a situation like this could incite the people to violence 'against them'.

I sincerely hope that the Jamaican people who are members of these clubs hang TUFF, ride this wave and not allow these bullying tactics to scare them.

This is still a democratic nation. Furthermore, people will not want to put their money back into these banking institutions again, and I would be one such person. As my teenage daughter said " Mummy, what the banks pay you in one month's interest cannot buy a patty and bottle water." Enough said.

I am, etc.,

FAITHFUL INVESTOR

vixen532@yahoo.com

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