1 00:00:00,160 --> 00:00:03,920 Speaker 1: Yesterday something happened which is reasonably significant. A long running 2 00:00:03,920 --> 00:00:05,960 Speaker 1: court case came to an end, at least for now, 3 00:00:06,480 --> 00:00:08,760 Speaker 1: and the B and Z has one permission to shut 4 00:00:08,760 --> 00:00:11,200 Speaker 1: down Gloria Vale's bank accounts. Now, I actually feel quite 5 00:00:11,240 --> 00:00:13,640 Speaker 1: uncomfortable about this, And I'm not uncomfortable because I'm a 6 00:00:13,680 --> 00:00:15,920 Speaker 1: fan of Gloria of Oale's quite the opposite. I think 7 00:00:15,920 --> 00:00:17,600 Speaker 1: the place is weird. I'd like to see it close. 8 00:00:17,640 --> 00:00:19,480 Speaker 1: I'd like to see the people there realize just how 9 00:00:19,480 --> 00:00:22,040 Speaker 1: weird their situation is. And so I guess, on the 10 00:00:22,079 --> 00:00:23,720 Speaker 1: face of it, I should actually like what B and 11 00:00:23,840 --> 00:00:27,600 Speaker 1: Z is doing because it will effectively and quite possibly 12 00:00:27,640 --> 00:00:30,440 Speaker 1: actually end up shutting down Gloria of Al because without 13 00:00:30,440 --> 00:00:32,479 Speaker 1: a bank, how on earth is Gloria Vale going to 14 00:00:32,479 --> 00:00:34,479 Speaker 1: be able to continue? I mean, no one else is 15 00:00:34,520 --> 00:00:36,800 Speaker 1: going to bank them. They've tried. This is why they 16 00:00:36,800 --> 00:00:38,920 Speaker 1: took the court case, because they were trying to force 17 00:00:39,000 --> 00:00:41,479 Speaker 1: B and Z to keep their bank accounts open. Because 18 00:00:41,479 --> 00:00:44,400 Speaker 1: without these bank accounts, it be and Z basically can't 19 00:00:44,440 --> 00:00:46,960 Speaker 1: do business anymore. Can They can't do anything? Really? I mean, 20 00:00:47,040 --> 00:00:48,960 Speaker 1: think about your situation in the modern world. If you 21 00:00:48,960 --> 00:00:51,440 Speaker 1: didn't have a bank account, you can't survive. It's how 22 00:00:51,440 --> 00:00:53,200 Speaker 1: you get paid, it's how you pay your power bills, 23 00:00:53,200 --> 00:00:55,200 Speaker 1: it's how you get a mortgage to be able to 24 00:00:55,200 --> 00:00:57,160 Speaker 1: buy a house, it's how you order things from overseas 25 00:00:57,160 --> 00:00:59,320 Speaker 1: with the credit card that the bank gives you. Absolutely 26 00:00:59,360 --> 00:01:02,320 Speaker 1: everything now requires you to have a bank account. And 27 00:01:02,400 --> 00:01:04,800 Speaker 1: yet I still, despite the fact that I don't like 28 00:01:04,840 --> 00:01:06,840 Speaker 1: Gloria Belle and the fact that I would like them 29 00:01:06,880 --> 00:01:08,640 Speaker 1: to close down, I still do not think this is 30 00:01:08,680 --> 00:01:10,240 Speaker 1: the right thing for B and Z to be doing. 31 00:01:10,520 --> 00:01:14,000 Speaker 1: Because of the precedent that this sets, banks can shut 32 00:01:14,040 --> 00:01:16,240 Speaker 1: your account if they don't like what you're doing. By 33 00:01:16,240 --> 00:01:17,920 Speaker 1: the looks of things, doesn't have to be criminals, just 34 00:01:17,959 --> 00:01:20,119 Speaker 1: don't have to like it. And I think there's already 35 00:01:20,120 --> 00:01:22,200 Speaker 1: too much of this moral police in coming from the banks. 36 00:01:22,200 --> 00:01:24,319 Speaker 1: I mean, have a look at what's already going on. 37 00:01:24,480 --> 00:01:27,399 Speaker 1: We got the Aussie banks here imposing penalties in our 38 00:01:27,480 --> 00:01:30,520 Speaker 1: dairy farmers because they think that they're not cutting emissions 39 00:01:30,560 --> 00:01:32,960 Speaker 1: by enough. You've got Kewi Bank already pledging to stop 40 00:01:33,000 --> 00:01:35,679 Speaker 1: banking coal mining businesses because they don't like that. You 41 00:01:35,760 --> 00:01:37,880 Speaker 1: got B and Z who will not let a couple 42 00:01:37,920 --> 00:01:40,280 Speaker 1: of women run who are running a sex toy shop 43 00:01:40,319 --> 00:01:42,959 Speaker 1: open bank accounts because B and Z doesn't like sex 44 00:01:43,000 --> 00:01:45,040 Speaker 1: toy shops. By the looks of things, there is a 45 00:01:45,080 --> 00:01:48,080 Speaker 1: massive dbanking scandal playing out in the US where even 46 00:01:48,160 --> 00:01:50,720 Speaker 1: Milania Trump reckons that her account will shut down after 47 00:01:50,720 --> 00:01:53,040 Speaker 1: the January sixth rides. It's already played out in the 48 00:01:53,120 --> 00:01:56,040 Speaker 1: UK with Nigel Farage. And to be fair to banks, 49 00:01:56,320 --> 00:01:57,920 Speaker 1: it's not as if this is something that they're just 50 00:01:57,960 --> 00:02:00,480 Speaker 1: taken up recently. I mean, remember the the guys who 51 00:02:00,520 --> 00:02:03,760 Speaker 1: wouldn't let women take out mortgages unless a male relative 52 00:02:03,800 --> 00:02:06,360 Speaker 1: said it was okay. And we're talking as recently as 53 00:02:06,400 --> 00:02:08,919 Speaker 1: the nineteen eighties. Now, I get that it's a bank's 54 00:02:08,960 --> 00:02:11,680 Speaker 1: right to stop doing business with whoever it wants to, 55 00:02:12,040 --> 00:02:13,920 Speaker 1: and refuse to do business with whoever it wants to. 56 00:02:14,280 --> 00:02:16,600 Speaker 1: I just don't like the bank's reason for why they're 57 00:02:16,600 --> 00:02:19,080 Speaker 1: doing this, because if it's Gloria of Ail today, couple 58 00:02:19,080 --> 00:02:22,320 Speaker 1: of girls selling sex toys tomorrow, who comes next? For 59 00:02:22,440 --> 00:02:25,840 Speaker 1: more from the My Asking Breakfast, listen live to news talks. 60 00:02:25,840 --> 00:02:29,040 Speaker 1: It'd be from six am weekdays, or follow the podcast 61 00:02:29,080 --> 00:02:29,959 Speaker 1: on iHeartRadio.