The David Murray financial Inquiry into the financial system released today has revealed the big banks - ANZ, Westpac/Rado, and NAB were named in the following article - are manipulating property mortgages, shares and superannuation to benefit a narrow band of investors and businesses. The LNP government in particular is slavishly selling off Australian resources at cheap prices to Australian and foreign investors under the delusion of it being profitable. The investors in turn extract profit through mines and water that will leave us with a broken poisoned landscape. Nationals should stand up for their farmers or voters should kick them out of Canberra. The included story is the tragic face of a banking and investment sector gone feral. Worth reading, so lets try to help them by divesting from fossil fuels and concluding all business transactions with the Big Four banks Westpac, ANZ, NAB and Commonwealth and also Macquarie conglomerate.
Posted on: Mon, 08 Dec 2014 07:06:12 +0000
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