BRN and BFCSA have joined forces to lobby against Big Banks who engineered $300 billion worth of toxic lending products. Over 2 million families are affected by DEBT right now: Australia holds the highest household debt in the world. Sub Prime Mortgages mean the loss of one's home. Mortgage Debt is a time-bomb ticking away as is the property market bubble.
One (4 min) speaker duo is a couple who have lost their home and decided to make the most of it by saving the CARAVAN hooked up to the four wheel drive. They were 69 years old when bank approved a toxic loan. Yet their fight against the Banks has just begun. Yes FOS was a dead loss to their plight and as usual favoured the Banks.
Another couple have been told by FOS and Bank to use whats left of their super before they lose their home..............aged now in their 70's.
Never have so many Australians been ruined by so few in a quest by Greedy Bankers to strip assets from the vulnerable and older persons. We are demanding Banks criminal lending standards be lifted immediately.
Our words of anger ill be like a launch of 100 rockets.
Your attendance and those of your friends and family are critical to these efforts made on your behalf. Bring a bus load!
Grass area outside Parliament House: Monday 21st November - High Noon until 1.30pm
Then we head off into the House and upstairs to the House of Representatives - Question Time
There will be an interesting debate on MORTGAGE FRAUD.
PM Malcolm will be hiding inside the House and blaming everyone but himself.....a bit like his banker mates.
PLEASE TURN UP and meet up with others and share your stories.....................Camaraderie will be your supreme motivation.
This is a one off event. PLEASE tell the Children and Grand-kids you will BE THERE and they should be there also.