Q: When does an INQUIRY INTO BANKS AND BANKING ever make Economics Proper?
A: When Humanity UNITES to create Utopia!
Decide for yourselves about the actual
effectiveness and Credibility of such as Australia's ASIC (Aust Securities and Investments' Commission), by reading the details of ASIC's board members....,
Some, look more like "good guys" than "the baddies".
But really, up that high in any nations' financial sector and watchdog regimes, can We, The Plebs, really trust any religious-college-indoctrinated lackie of - oooh? the -privately-owned
ROTHSCHILD's "Reserve Bank of Australia"? ie., of THE WORLD'S BIGGEST CRIME SYNDICATE???
from the Laura Tingle article, off the AFR (Aust Financial Review)Ministers insist they are not going to blink on this, or cede ground to Labor, no matter how much the opposition gets an advantage from looking sympathetic to those who feel aggrieved towards the banks. They argue there are real problems with pursuing a royal commission rather than simply letting ASIC get on with the job.But hints the government will boost ASIC's funding show that it is feeling politically vulnerable. Pledges to boost the regulators' powers following the recommendations of the financial systems inquiry are worthy but also look a little weak.There are arguments about the relative merits of both approaches, of course.It is not just ASIC that regulates the financial sector but a multitude of regulators. This is perhaps the strongest reason to have a body that can take a detached and systemic look at the factors influencing bank behaviour, particularly given its contentious vertical integration.But ASIC can also only commence a formal investigation under ministerial direction; following the report of a receiver or liquidator; or on its own initiative where it has reason to suspect there may have been a breach of the law.It's not clear whether this gives it the capacity to run the sort of system-wide review of the culture and ethics of the financial system that Labor's royal commission seems to envisage.On the other hand, a royal commission can only report back to a government. It cannot initiate action against discovered breaches under its own steam."
Nothing ASIC or any other "inquiry into banking" in Australia, since the 1788 invasion,
has done, has effected ANY actual JUSTICE, come to Australian Citizens, (NOT "subjects" of HRH over there!)
having a "fair go" and fair share of our massive potential economic wealth.
Being an election year, even with the Best of Political Wisdom and want
to make the road straight
here, the Labor Party is hamstrung by OFFSHORE BANKERS
namely, "DADDIES'" (Evelyn de Rothschild) spoiled brat brigade and cabals of the Bank of England.
IF.., Australian Labor WERE Sirius NO! serious,
about "banking" here, they'd be out in force, demanding that THE RESERVE BANK BE RESUMED (for the 1st time, worldwide!) INTO GOVERNMENT OWNERSHIP!
Fact is, without such a MAJOR Step, no "inquiry into banking" is worth more than a wet fart.
Much like ALL church-indoctrinated corporate board and executive members - the mason's jewish "jibbering idiots" cartel - looking SOLELY after their own cult's STOLEN REAL ESTATE.TIME! I say, for a MAJOR DISASSEMBLING of Australian (and GLOBALLY, ALL) political structures and parliaments, and a TOTAL REEVALUATION of "WHAT IN HELL ARE WE DOING?" "voting for" and supporting bankers' lackies?
Elsewhere in the seriously disturbed western world, the "first world" of utter liars, et al et al, THEM, The Peeps are running out of patience with all their bigger political organizations, and with religions, bankers and covens.
So, why not "down below"?
Soft"! that's why. We're mostly all waaay too soft, and - SPOILED-SELFISH,
to DARE go-a-PROTESTING until the cows, or, the BANKERS' BULLSHIT, goes back to England.
Nevertheless.., with a death threat hanging over my head, I have nothing to lose, saying so.
Fuck the establishment!RE-RE-RE-RE-RE-VOLUTION!!!
(Apologies for the fr-fr-fr-fr-FRUSTRATION!) _(NOT!)_