Banks Now The Enforcers of Cultural Marxism
Edward Saunders
Everybody has now heard of Nigel Farage’s bank accounts being closed, an attempt by the financial elite to shutdown the great dissenter. Yet many do not realise the cause of all this – the outsourcing of risk to third parties. Over the last year, all the major banks in Britain have begun hiring private firms to screen all of their customers. Everybody’s social media will be checked to make you comply with the bank’s ‘values’, otherwise your accounts will be shut down. Unless laws are brought in to prevent this, a large minority of the population face being unable to use money.
What’s remarkable is the involvement of Farage’s particular bank – Coutts – and their ‘Wealth Reputational Risk Committee’. In the past, such committees were tasked with dealing with assets from risky countries, corporations or foreign PEPs (Politically Exposed Persons). Yet now they are essentially screening British customers to ensure they’re woke enough to have an account. The bank – a predatory institution – uses the word ‘inclusive’ to justify its decision, a word only used by the far-left equality brigade. In other words, you can have your life savings, direct debits and mortgage swept away because your bank discovered you retweeted a Brexiteer. The merger of global capitalism and cultural Marxism is complete.
Promoting degeneracy – Coutts Bank
Outsourcing tasks
This reflects a larger move in the West away from accountability and common sense, and the embracing of faceless power through committees and advisors. The Civil Service these days outsources a lot of their decision making to private companies who produce reports, advice and assistance. Not only is this a waste of money, but it also shows civil servants are now too dumb to act on their own. The outsourcing of work to others is one of the key factors in the madness of our current era. GB News’s Farage on the 18th July featured an interview with Lord Lamont, where the name of a certain company – Refinitiv – was mentioned. This agency is allegedly working with banks to monitor their customers’ online and real life political activity.
Because of the Equality Act and Climate Change Act – pushed through before Labour’s election defeat in 2010 – all institutions in Britain have to work within a certain framework. This is known as ‘Environment and Social Governance’, and means that all investments have to meet certain PC criteria. The result of this, along with Tony Blair’s over-regulation of everything, is that woke dogma has filtered through into every company in Britain. From every word you speak to every form you sign, all have to comply to the new religion. Because banks are not experts in cultural Marxism, they outsource this work to agencies who do it for them.
Contrary to the meme, politics is not downstream from culture whatsoever, it’s actually downstream from law. The elites impose their will upon the masses with legislative force, and the laws gradually transform the behaviours of the population, thus changing the culture.
Gay rights weren’t achieved by changing the culture, they were achieved by passing the Sexual Offences Act 1967. And how was this done? Well yet again we see backroom deals. The Wolfenden Report, completed by the committee of the same name, recommended its legalisation under certain conditions. No public say, no referendum, just pure power demonstrated by politicians. There was no culture change to facilitate gay rights, a majority of the public opposed it decades after it sailed through Parliament.
Implementing Government policy
Similarly, the banks are now implementing policy which is essentially mandated under the Equality Act (2010) and the much more nefarious Communications Act (2003). The financial power houses are bending the knee to legislation passed decades ago, as the younger generation of bankers have grown up moulded by it. And if you think this means ‘far-right’ people will only be their primary target then think again. There is a Facebook group where 10,000 people are campaigning against NatWest closing their accounts. And in a story covered by the Mail, a Sikh man from Birmingham had his account closed for making a sarcastic comment about lockdowns on social media. The agencies employed by these banks are watching us like hawks, and they have an incentive to find dirt so their jobs seem necessary.
This all of course should not be too much of a surprise, as in the Middle Ages Christian banks were banned from usury. Even bankers have to submit to the current religion, they are not all-powerful as some claim. What’s encouraging is that there was widespread condemnation about Farage’s particular case – even from the Prime Minister – and this eventually led to victory. Yet the strange thing is that you can go back 15 years, and the mere thought of closing accounts because of a holder’s politics was unheard of. And this has all coincided with the push to phase out physical money, a dilemma anybody seeking financial independence should be worried about. Indeed, they are so intent on this policy that GB News is being investigated for opposing it. It’s quite strange that the institutions so deservedly hated for the 2008 banking crash are still tyrants, yet they’re now in a rainbow uniform. A predator’s new camouflage, perhaps.
