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skypiliot

10,259 Posts.

12

26/02/18

11:39

Post #: 31342531
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Originally posted by Director12 ↑

Yup. as for aussies super, check out what the treasonous government did last week when they snuck through the banksters bail-in bill while nobody was there. Both labour scum and liberal scum colluded to push it through, well at least we know who they are really working for (duh).

http://cecaust.com.au/releases/2018_02_16_Govt_APRA.html

"
Under siege from erupting public opposition, the Turnbull government whisked its APRA crisis resolution bill through the Senate and into law on 14 February. Of Australia’s 76 senators, only seven were present when the government rushed the bill to a vote, which passed “on the voices”, with no opposition from the Labor or Greens senators present. The process was hurried to ensure that senators who planned to move an amendment, to stipulate that the bill’s “bail-in” provisions must not apply to bank deposits, did not have the chance, and weren’t even present when it passed.
The passage of this bill was a live demonstration of the incredible power that banking interests wield over Australian politics.
Dirty trick
The biggest scandal about the bill’s rushed passage, is the dirty trick the government pulled at the last moment to ensure it couldn’t be amended to explicitly protect deposits. A CEC delegation was in Parliament House this week meeting politicians from all parties, to expose the true nature of the bill. After having it explained to them, Pauline Hanson’s One Nation party proposed an amendment to the bill to clarify that it wouldn’t include deposits, which was the government’s claim after all. In a meeting with the government on the morning of the Senate debate, One Nation notified government and Treasury representatives that they intended to move the amendment. The government offered to have their legal experts look at the wording of the amendment. However, it was while One Nation was waiting to hear back from the government’s legal experts that the bill was rushed through without their knowledge."

If anyone has 'hybrid bonds' either directly or as part of your super then be aware.

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Suggests at least one major bank is in danger of going under
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