They did in Greece - now for Australia. Please read and sign the petition on the website and share and share "The Evidence of a Bail-In Law Planned for Australia After five years of budget-sapping “bail-out” packages for the international banks and unlimited money-printing by the U.S. Federal Reserve, Bank of England and European Central Bank under megatrillion-dollar “quantitative easing” programs, the global financial oligarchy has now hoisted the banner of “bail-in” for their terminally ill Global Systemically Important Financial Institutions (G-SIFIs). Banks in trouble from gambling with derivatives will no longer be “bailed out” at government and taxpayer expense, so the line goes, but “bailed in” by docking their own shareholders and creditors, including depositors. As shown by the Cyprus confiscation template and the involuntary conversion of ordinary depositors into shareholders in Spain, “bail-in” means unlimited stealing from businesses and the population. Major international forums like the G20 have been stampeded into endors ing the “bail-in” model. The Financial Stability Board of the financial oligarchy’s Bank for International Settlements also deems it essential for every major nation to adopt individual enabling legislation for bail-ins. Australia is no exception, but the FSB’s minions hope you won’t find out about it beforehand. Even members of Parliament have difficulty obtaining information from government financial institutions about the status of this legislation. But the FSB confirms that it is “in train.” The documents cited below illustrate the bankers’ intense push for an Australian bail-in law during 2010-13." cecaust.au/bail-in/
Posted on: Wed, 04 Sep 2013 07:16:53 +0000