THE FOUR CORNERS COVER UP re BANK FRAUD
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We have highest household debt levels in the world. Ex banker Prime Minister Turnbull tells us to be prudent!!!!! He has his say but does not show his face.
His banker mates have been engineering the largest PONZI financing scam Australia has ever seen and sent an army of sellers (inc 55% internal staff) to sell mortgages that the persons agreeing and signing contracts had no idea their "mortgages" were in fact INTEREST ONLY.
Four Corners failed to mention the CONTROL FRAUD run by Bankers and targeting older Australians who enjoy home ownership and no debt. No mention of the bank engineered financial strategies for signing up anyone with HOUSE and a PULSE. No mention of the grand plan to ASSET-STRIP and steal the family home..No mention of the tragic RMBS BONDS that the banks have been paying the INCOME STREAM and most likely from wholesaler LOCs? So many of these loans have been in default for months and in some cases for years and hidden by APRA and FAKE STATS. So many of these loans have been in default for months and in some cases for years and hidden by APRA and FAKE STATS. The CONTROL FRAUD is in the ROBO APPROVAL system.
Ughhh! Those two words INTEREST ONLY were never mentioned until BFCSA started exposing the hidden facts. Then Bankers in panic mode changed tact: continue selling with same hidden tricks BUT in 2016 admitted - when we pushed and revealed publicly that fact - there was a high level of IO's in their loan books. The lie being "only 40%" when they knew they had sold 80% or higher. Now the PM has said now is the time people should 'prudently' manage their money! How wicked is that comment when he KNOWS what the banks have done to the economy and millions of its people?
Goldman Sachs caused the 1929 crash 1983 and the 2008 GFC. Lessons are already there for Government to learn from history. Turnbull is former CEO of Goldman Sachs.
BFCSA has taught over 2000 people to LOOK FOR the FRAUD and every one of them came back with: YES there is FRAUD on every page of the LAF. Yes unaffordable unsustainable unverified lending. Every "EXPERT" on the "Four Corners program was LYING or have been selectively and ruthlessly edited to alter comments in context. They had been briefed thoroughly by three people. The selective editing was obvious. Despite the evidence to the contrary, Four Corners decided to tell the Prime Ministerial 'turnbulldust' version that the borrowers have been imprudent in financial management!!
Right................this is bank generated consumer warfare. Four Corners as I suspected, demonised Consumer Borrowers. The ANZ SPIN of what was happening is shocking. It’s a giant cover up. So how do we notify 3 million people in danger - what the FRAUD is and what to look for in their files?
How do we get TRUTH to the masses?
Answer: ROYAL COMMISSION into BANKS/ Financial products and Lying Regulators and the RC, Ladies and Gentlemen who have been hoodwinked, is the PM and Bankers' biggest nightmare.
Heaven help all those who have mortgages bigger than 50% of their current property value. TRUTH WILL COME OUT.
Warning to Four Corners: Never again ring me and tell me a bunch of lies or I will be forced to tell the truth. I forgive you, but thousands may not. The hour is near for the next election.
Denise Brailey #bankRC #BFCSA #ElectionNow #turnbulldust
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