What is in Kelvin's Head?

  • On being bought and sold

    I happen to bank with Lloyds TSB and am just learning that the bank accounts that I hold with them are going to be transferred to the Co-operative when the various Lloyds TSB branches are sold, something that has just been announced this morning.

    I have to say I’m delighted. I’d rather bank with the Co-op – it fits in with my values much better than the banks I’m with. I joined the TSB when I was a student because it was at that stage thought to be a socially responsible institution (and in a rather more shallow way, because it had the prettiest branch interior in town).

    What I can’t work out is why I’ve not changed before now. It seems so much easier to be bought and sold than to walk into a branch and close one’s accounts. That makes no sense whatsoever.

    They say that people are more likely to change their religion, change their partner or change their political allegiance than to change their bank account. I know that I’ve been reluctant to shift, but can’t really work out why. That reluctance on the part of so many of us to shift banks must have contributed to the moral stagnation that is currently to be found in the UK banking system. If we were all a bit more active about it, things might be better.

    It is interesting to reflect that I’ve often been asked in church to buy fair trade bananas or such like but I struggle to remember much of a campaign to get me to change my bank. There have been consistent calls for ethical investment to be used by churches themselves and one of the struggles for congregations as well as national churches has been the lack of choice. There simply have not been very accessible branches of banks which seemed to offer more ethical alternatives.

    I hope that by the sale of the Lloyds-TSB banks to the Co, those choices will be increased and that there will be a competition not simply for our money but for our values and morals too.

    There is a campaign to get people to move their money. I feel a complete fraud in even linking to it having not movedmymoney.org at all. However, I’m glad to hear about the changes that are ahead and for once am happy to be bought and sold.

    What’s your excuse?

    , ,

4 responses to “+Katharine Jefferts Schori – interview”

  1. ryan Avatar
    ryan

    Hurrah! Evidence, like the interview with +Gene a few years back, that you’d make a great ecclesiastical chat show host Kelvin 😉 I’d watch it!

    Reply
  2. Martin Ritchie Avatar
    Martin Ritchie

    Loved her vision of the church as holding different perspectives in tension. Hard work, but much better than settling for a monochrome church!

    Reply
  3. Revd Ross Kennedy Avatar
    Revd Ross Kennedy

    Yes – a well produced and conducted interview. But why no quesions asked that might challenge +Katharine. E. g. why does she seem so determined to turn the TEC into a monochrome (i.e. liberal) church by driving out those who hold conservative theological views? Why is she so intent ( using the full weight of secular law) to grab the church properties from those Episcopal parishes which have decided to realign with another Province? Of course, legally in the USA the church buildings do belong to the denomination. But morally? After all most of those churches have been built and maintained by the local people with not a penny being contributed by TEC. Bishop Katharine impresses me in many ways although she is at the opposite end of the theological spectrum. I just find it so sad that since she became PB the TEC has become increasingly fragmented. And just in case I am asked – I do not support the action of parishes that have decided to defect. I believe they should stay and continue to witness to their understanding of the Faith.

    Reply
    1. kelvin Avatar
      kelvin

      Well, I guess its a matter of perspective. I did kind of think that the oil spill affecting the US coast and the most devastating earthquake in recent history were kind of big stories. They also both related to the Synod that +Katharine was at. We were discussing ecological stuff quite a lot and we gave money directly to Episcopal Sisters in Haiti.

      It seems to me that the US church ownership thing is a bit of a non-story in the long run, however emotive it might be today. The SEC here and the Church of England down south would surely behave in exactly the same way to any vicar and congregation claiming they own the buildings and church fabric. Indeed, I think that in Scotland at least, it might well be the case that the charity regulations would make the Diocesan Trustees liable if they were not to press such a case.

      I’m no lawyer, I’m a priest. And I’m not as brave as you are, Ross, if you really think that the law of the land in the US (or in the UK) and moral values are not more closely linked than you seem to suggest.

      In Scotland we have no choice. Our canons acknowledge that our church will be governed in accordance with Scots Law.

      Reply

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