Banks and Owl Habits

Banks and owls don’t sleep. Banks have ulterior motives, like their latest ads encouraging us to use credit cards to support local bakeries and other small businesses. Most people buy hamburger rolls, muffins or bread with debit cards or cash.

It sounds like a good cause until you realize the hidden agenda. Banks used to charge businesses like grocery chains, airlines and telecommunications companies a punishment fee, when we used credit cards. Well! They call it purchase fee. Telus, a telecommunication company instituted a class action lawsuit claiming it was unfair. They won, now that fee has been passed on to the customer.

I’m always wary of people who don’t do shut-eye, when they are not nurses on night duty or security guards patrolling a factory that makes coded vaccines, destined to be used only in Africa.  

Banks don’t sleep because they babysit interest. They know money is a myth. It is worthless. Interest is the value. That’s why the bank repossessed your grandpa's house even though he paid the mortgage religiously until his stroke. The face of a child lights up when it sees a piece of ground covered with little yellow flowers. It’s a familiar path, the mother used all winter to push the stroller.

The bank’s face lights up when it get a brilliant idea on how to get more people to use credit cards so they can replace that purchase fee, Telus won in court.

By: Nonqaba waka Msimang.