Australian Bankers are running this nation - into the ground.
The Elites' creed: CREATING WEALTH FOR SELF BY STEALTH.
Government grandstanding over Bank Issues is obvious. In a desperate attempt to protect his beloved bank masters, Prime Minister Malcolm Turnbull had the bankers pay ASIC $127 million four weeks ago to enable ASIC to take those same bankers to court over rate-rigging that had been going on for over a decade. ASIC has been fully cognisant of the UK Libor scandal and yet failed to take action.
Now ASIC is doing exacty what the Bank masters have dictated they do................
This is a Turnbull and Banker related election STUNT as to why no Royal Commission is required! The Bankers had no idea Leader of the Opposition Mr Bill Shorten would make the call. Its must have been a gob-smacking moment for the Elites of the Cartel.
WHO IS RUNNING THIS COUNTRY? The 17 Banking Cartel Banker members of course.
The Plan is: after the election and IF LIBs win, ASIC will then announce on behalf of The Bank masters: "we have settled out of court." What a joke!
ASIC is once again decriminalizing activity that Parliament deemed CRIMINAL. Civil law being misused by ASIC (again)to enable the Bankers to cover up the real criminal activity inside the banks.
ASIC and its EDR system of FOS and CIO (the so called Ombudsman's services) are a DOOM LOOP plan to also avoid looking after consumers of bank manufactured financial products and protecting their interests. ASIC has a $80 million "war-chest" as Medcraft mentions that's been stockpiled for years and never used for the benefit of consumers.
Recently, ASIC bleats the Government robbed it of $120 million re the budget, so immediately the following day, TaaaaDaaa....the Bank Master to the rescue and plonked $127 million smackeroos on Medcraft's regulatory table, to enable him to be a hero and sue the Banks to show no Royal Commission was needed!!!!
Turnbull, the Bankers, the Liberals and the subservient regulator ASIC are all worried the election may swing LABOR's way and with good reason...................their refusal to hold a Royal Commission into the Banks for the past three years, has them terrified as the Liberals tell the people "an RC is not needed because we have ASIC!" Libs need to be pasted LAST on all ballot papers for their gross dishonesty and indeed their LIES in covering up BIG Banking Scandals in Australia.
The plan is simply to dissolve "the problem" into the political stratosphere. Our finance markets have been invaded by a massive CONTROL FRAUD and PONZI FINANCING scandal....the biggest this Nation has ever experienced. Its called Bubble Economics as defined by Australian economist Philip Soos and Paul D Egan in the book of the same name.
This evil Liberal political free market thinking is extremism in practice! To believe you could possibly bury the bodies of over 2 million victims (retirees and pensioners) is a key indicator must think the people of this nation are all sub moronic!
Those scams are all interrelated and as defined in Professor William K Black's book: "The Best Way to Rob a Bank is to Own one."
The CONTROL FRAUD Model has clearly been identified as operational in Australia and of course can only exist if all the key players are melded together in one giant PONZI financing scam:
BANKERS / DEVELOPERS / CONSTRUCTION Teams / INSURANCE Coy's / REAL ESTATE AGENTS and of course the SELLERS.
The Control Fraud is controlled by a relatively small gang known as Banksters. The Controller is the Banking Cartel of seventeen persons.
The rest of the players know only the facts pertaining to their relatively small part in the transactions but believe those are clean. If any the players ever suspect something is not as it should be, they cannot believe the Banks would ever condone business outside the law...... These activities are cleverly designed to fool the most prudent player who really do believe these activities are assisting the consumers of product and the economy. No suggestion of mass skulduggery to bring down the banking system and the nation would ever enter their professional thinking.
Control Frauds can only be run by a small group of ELITES who then take control of the political system and the cover up is assured.....long enough of course for the initial engineers to jump ship with ten star retirements....................and funds safely hidden in the Cayman Islands of course.
Only the Bank Masters - the Controllers - know the structure to be in fact; a giant PONZI.
One more key factor emerges: We have the highest household debt in the world......as identified by Philip Soos and Lindsay David from LF Economics.
The Banking Cartel have created over $300 billion in toxic mortgage loans in Australia, after denying this point in 2012 senate hearings.
Over 2 million people are angry right now, PLUS the and hundreds of thousands of retirees ripped off by developers, aided and abetted by the Bankers.
Ex Pats who placed their faith in a clean regulatory system have paid the ultimate price of financial ruin, such as LMIM victims, Westpoint, Storm, TRIO, Fincorp, Angas securities, Banksia and the list grows to over $100 billion in losses to date.
Then there are the victims of the perfect Banker scandal: RMBS tranches.................a few more hundred billion dollars worth.
At the TOP of every pile of misery are 17 grinning ELITES who had only one idea in mind:
The Elites' creed: CREATING WEALTH FOR SELF BY STEALTH.
Denise L Brailey