The Rise Of Totalitarianism: Banks Denying Services Based On Political Views
by Tyler Durden
Authored by Theodore Dalrymple via The Epoch Times
When the Berlin Wall fell, I naively supposed that freedom was now secure, that never again would the spectre of totalitarianism return to Europe. I failed to take into account what I should have known, that the thirst for power is at least as great as that for freedom. Freedom and power are forever locked into a kind of Manichaean struggle, as are good and evil, and the thirst for power is perfectly capable of making an instrument of supposed good causes.
History doesn’t repeat itself, at least not in precisely the same way. The new totalitarianism doesn’t resort to thugs in the street and the midnight knock on the door. It’s somewhat more subtle than that, but nonetheless ruthless and dangerous for all its subtlety.
In Britain, a well-known politician, Nigel Farage, has had his bank account closed by a bank called Coutts that specializes in rich clients. It’s owned by the much larger National Westminster Bank, whose largest single shareholder by far, since the banking crisis of 2008, is the British government.
Mr. Farage is a well-known figure, the scourge of the Euro-federalists, and probably more responsible than any other single person for the referendum vote in 2016 for Britain to leave the European Union. Like most public figures with both strong opinions and a strong personality, Mr. Farage is both widely admired and widely detested. If you ask someone about him, he’s unlikely to answer, “On the one hand, on the other …”
Mr. Farage has been friendly with Donald Trump and has been opposed both to the excesses of transgender ideology and to the pursuit of zero emissions. But he has done nothing illegal that so far has been revealed, and the bank admits that in his dealings with it, Mr. Farage has always been polite and correct.
When Mr. Farage first announced that Coutts had closed his account, the bank at first claimed that it was because he didn’t have enough money in it and that the closure was, therefore, for purely commercial reasons. This turns out, however, not to have been so.
If the documents obtained from the bank by Mr. Farage are genuine, it proves that the bank closed his account for purely political reasons. As Mr. Farage himself said, these documents read like something from Stasi headquarters. I quote just one or two of the statements in the documents (apart from anything else the English used is a tribute to the appalling state of British secondary and tertiary education):
“Given N[igel] F[arage]’s high profile and the substantial amount of adverse press connected to him, there are significant reputational risks to the bank in being associated with him. While it is accepted that no criminal convictions have resulted, commentary and behaviours that do not align with the bank’s purpose and values have been demonstrated. … The comments/articles [on ESG/diversity and inclusion] are not in line with our views or our purpose.”
Quoting a Guardian article, one document states: “First it was Brexit, followed by a spurt of very successful campaigning to ensure that Britain left Europe on the most stringent and self-harming terms. For a while, Nigel Farage then opposed Covid restrictions. Now, he is reviving his old hostility to action on the climate emergency.”