The following item is about how Banks and Insurance Companies perceive and value the life-form referred to as human beings.
Sorry to disappoint you! I know you were probably thinking it was going to be about Brian Mulroney suing his own country, Mike Harcourt stealing from Charity to give to politics, Ralph Klein’s trying to get commissions from TLC’s Marc Lalonde for setting up Health Maintenance Organizations all over the Province, Mike Harris' race with reckless abandon to be the first leader to initiate the New World Order within his Mafia-like territory, or even the Nationalist Liberal ‘RED book TEAM’s’ version of how to manage your sold-out country for the Americans.
Well, possibly in the future, I might break down and figure out something nice to say about these ladies and laddies. But for now, you are stuck reading about the liars who figure and the figures that lie.
Having been responsible for co-ordinating the Canadian Bankers' and Insurers' program for a couple of years at the University night-school level, I do believe that there are things the public should be aware of these days, prior to entering into any further agreements with these fine-and-chill (pronounced financial) deathforms.
First you must remember your 4Cs. No not the ones referring to Gold, nor the ones for Communications; the ones for Banking Loans. In the book, it is written, the 4Cs must be observed prior to lending any of the Institutions’ reserves to the lowly and untrustworthy public. Capital, Capacity, Collateral and Character are the words we’re looking for today.
You know, it used to blow me away, that each and every year, the banking students could only name three of them when I asked the question, “What are the 4Cs?” They all told me they did their homework and studied the book. They all seemed bright enough. But not once did any of them ever give the right answer.
How odd, I thought; until one day when I decided to take the Bulls and the Bears by the horn, by reprimanding the class en masse, for not being able to read simple English. It was on this fateful night, that one young man gingerly raised his hand and said,
"But Sir, the banks where we work don’t allow us to use character as a measurement for loaning money anymore."
You can imagine my shock, to find out that ‘the book’ was not being applied in practice. I couldn’t believe my ears. I must have turned white before their very eyes, just before I turned ten shades of blue, in anger.
How dare the banks of this country render negligible, the value of human character? How dare they do this, after being themselves, negligent in their Canada Bank Act duties by continuing to charge excessive interest rates on loans and mortgages (criminally referred to as Usury)?
How dare they be so arrogant and insensitive towards the needs of the everyday citizens of this once great country?
Lest you think that the Insurance companies are being let off easy here, they are no better or worse. It appears that their definition of a human being is, ‘one who nets greater profit by hanging on to life.’ In other words, more payins / fewer payouts, the longer one lives.
The irony of having them in the same classroom, let alone sharing the same course name and Certificate of learning, I thought. On the one hand, the banks are doing everything possible to bring about early death, by way of foreclosures and demand loans; on the other hand, the insurers keep selling policies to assure their actuarial probability and maleability charts were in line, in order to capitalize on human suffering. What a paradox! What a travesty! What a crime!
If only they were to shift their paradigm a little, they would soon understand that by promoting life versus death, they combined, would make much more profit. If only they would try to implement more humane policies, they would see a rise in clientele.
But alas and alack, those unclaimed trillions of dollars in Canadian bank accounts are just too much to resist, aren’t they? Especially when you consider how much hard work and thought went into killing these people off, not to mention the legislative lobbying that went on to ensure that the bank could claim title to this loot come January 1, 1996, if no power of attorney exists.
It's almost reminiscent of the Jewish League's ongoing plight to get the Swiss banks to release the assets which rightfully belong to the families of Holocaust victims, isn’t it?
I suppose both the bankers and the insurers will continue on in their quest for monetary Supremacy for many years to come. And as for me, I gave up trying to teach them anything about humanism.
I was able to follow this storyline through however. You see, I married a banker from one of those courses and observed her closely for seven years before she robbed me of every penny I earned, and threw me out on the street to fend for myself.
I guess the moral of this story is, never underestimate your students, or at the very least, never share a mort(Latin for death)gage(Latin for game) with a Banker.
The love of money is truly the root of all evil!