In light of the announcement by ANZ Bank this afternoon of a 12 month moratorium on foreclosures, please see below further comment from Mr Katter at a press conference in Cairns this afternoon:
“We announced today that we are going to Name and Shame every bank that forecloses on a farmer over the next 4 months.
We’re now also going to Name and Fame the good guys.
The ANZ bank announced an hour ago a 12 month moratorium on foreclosures. They were the only bank that went out to the Rural Debt Crisis Summit in Winton last Friday, they listened to Alan Jones, they listened to the people who were under such tremendous stress, they went away and they did something.
Our Name and Fame goes to the ANZ.
To the others, we warn you, we’re starting now. Every time you do sell up a farmer, we’ll name you. To sell a property at the end of the dry season, before the wet season and before the Chinese and Indonesian markets kick in next year, it is a bastard act.
I might add, there’s still not been a sound from the Federal Government.
There are now many commentators putting enormous pressure on the Federal Government, including Alan Jones. There have been over 2 million hits on the Dr David Pascoe Facebook page containing his heart breaking open letter – that is 10% of the Australian public.
From now on it’s Name and Shame and also Name and Fame.”
This Country is heading into a depression greater than the great depression , This one will be more server and last a hell of a lot longer , Australia like many other countries will not be able to come out of this one smiling because we don’t have the reserves in cash or resources to be able to weather the next big down turn in the economy. Russia and China will come out of it looking ok but the rest of the world will have major problems with major job losses and many people and companies going bankrupt . Look at the countries that have been disposing of paper money ( US Dollar ) and buying cold , Even the drug cartels in Mexico have been dumping their cash and buying Gold Diamonds and oil futures . You can not have an economy that runs on credit and not have a GDP high enough to cover the payments on loans . What are your thoughts on these comments
Peter Schuback Australia First Party Queensland 0408458232
Congratulations on this great ” first step” but how does this help the likes of Charlie Phillott, now 87 and the many bother who have already been evicted from their land . Will they be reinstated and compensated for this traitorous, disgusting behaviour of the banks ? These same people were among the many other taxpayers who guaranteed these swine an existence during the G.F.C. The same swine who now abandon their fellow Australians in their time of need……