by Kev Moore
Unsurprisingly, the evidence was fairly well buried. Naturally, the government does not want you to know what they are doing.
Just like the Canadian government did in March, and just as Europe, the USA and the UK have now done, the Australian government too is now beginning to make good on its 2010 G20 commitment to implement the Goldman Sachs-chaired, internationalist Financial Stability Board’s new regime for bailing out the banks using depositors’ money.
On page 134 of the Australian Government Budget 2013-14 Portfolio Budget Statements, under the section for the Australian Prudential Regulation Authority, we find the first of APRA’s main strategic objectives for 2013-14. It can be effectively summarised as “business as usual”.
Their second strategic objective for 2013-14, is to:
“Consolidate the prudential framework by enhancing prudential standards where appropriate, in line with the global reform initiatives endorsed by the G20 and overseen by the Financial Stability Board; [see image at top of this post]
Those “global reform initiatives endorsed by the G20” include the FSB plan to “bail-in” insolvent banks:
FSB: ‘Key Attributes of Effective Resolution Regimes for Financial Institutions’,
In the waffle that follows, we find further that:
APRA will focus on implementing the new global bank liquidity framework in Australia…
Page 134, Portfolio Budget Statements, Australian Prudential Regulation Authority, Australian Government Budget 2013-14.
This is likely referring in particular to the Basel III International Framework For Liquidity Risk Measurement, Standards, and Monitoring.
When published in combination with the previously mentioned strategic objective to “consolidate the prudential framework… in line with the global reform initiatives endorsed by the G20 and overseen by the Financial Stability Board”, the implication is crystal clear.
“Global bank liquidity framework” is really just technocrat-ese for “global bankster plan to prop up insolvent banks using other people’s money, and so instantly impoverish everyone who still has any savings left”
For further proof that what this all means is the Australian government planning to steal your money to “bail-in” so-called “systemically-important financial institutions” (SIFI’s) — under the orders of an un-elected international body (of bankers and bureaucrats) you’ve never heard of; a body funded by the Bank for International Settlements (BIS), and chaired consecutively by Goldman Sachs alumni — then please study the detailed primary source evidence in this blog’s original breaking story published on April 1st –
G20 Governments All Agreed to Cyprus-Style Theft Of Bank Deposits … In 2010
That’s something else to thank our recently-deposed PM Julia Gillard for doing, without our knowledge or permission.
https://barnabyisright.com/2013/07/10/australia-plans-cyprus-style-bail-in-of-banks-in-2013-14-budget/ (No longer on the internet)
They are all the same private company governed by the BIS in Patel. Some years ago I saw the US Reserve Governor explaining they had sent billions to other banks in the EU – could not remember which banks or how much.. Usury is poison all throughout history. There will be no freedom with Usury.
So the private Federal Reserve in the USA has no links to the Central Banks (like Australias Reserve Bank) around the world?
Central Bank Liquidity Swaps:
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank have taken coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements.
In addition, the Federal Reserve has established temporary dollar liquidity swap lines with nine additional foreign central banks.
“These facilities serve as an important liquidity backstop to ease strains in global funding markets, thereby helping to mitigate the effects of such strains on the supply of credit to households and businesses, both domestically and abroad.”
Source: the Federal Reserve’s own website: federal reserve.gov/monetary policy central-bank liquidity-swaps
The Great Currency Crisis of Our Lifetimes Is Starting Now
September 26, 2022 7:36 pm by IWB
“……..When you borrow in U.S. dollars, you are effectively shorting the $USD This is especially true if your domestic currency is NOT the $USD. Imagine the impact paying back $100 million in debt if your currency is DOWN 30% against the $USD.
As a result of this, the world is on the verge of a major currency crisis. The $USD continues to roar higher…”
https://www.investmentwatchblog.com/the-great-currency-crisis-of-our-lifetimes-is-starting-now/
There is a banking amendment (deposits) Bill 2020 signed off by Senator Malcolm Roberts (as per legislation gov au) that states the following:
“the Bill provides that the provisions of the Banking Act 1959 relating to a bail-in (the conversion and write-off provisions of the Banking Act 1959) do NOT extend to the bail-in of a deposit account.
The Bill inserts a clause into the Banking Act 1959 which confirms that nothing in the Banking Act 1959 or any other Commonwealth legislation, gives APRA power to implement, authorise or direct the implementation of bail-in of a deposit account”
Perhaps these details could be confirmed.
I don’t think we should panic.
If I am correct I heard a report from an Economist this week who implied that something is being investigated.
He couldn’t say anything but my reading on it was that whatever was being looked at in real time, was big and had worldwide implications and their case was tight.
My suggestion is just to keep a good record of where you are up to as often as necessary.
Print out your bank statements regularly with the date and the amount they hold and keep them in your fire proof box.
I still think it is better than having it hidden in the wall of your house.
We’re going into fire season!
In the worst case scenario, your paper evidence and any changes that they would try to make would probably just translate into a credit (in data form).
Or they may just take them down.
Who doesn’t know what is really going on by now?
Optus Media Release, 22 September 2022, 02:00 PM.
Following a Cyberattack, Optus is investigating the possible unauthorised access of current and former customers’ information.
Optus is working with the Australian Cyber Security Centre to mitigate any risks to customers. Optus has also notified the Australian Federal Police, the Office of the Australian Information Commissioner and key regulators.
Information which may have been exposed includes customers’ names, dates of birth, phone numbers, email addresses, and, for a subset of customers, addresses, ID document numbers such as driver’s licence or passport numbers. Payment detail and account passwords have not been compromised.
Optus services, including mobile and home internet, are not affected, and messages and voice calls have not been compromised. Optus services remain safe to use and operate as per normal.
“Optus has also notified key financial institutions about this matter. While we are not aware of customers having suffered any harm, we encourage customers to have heightened awareness across their accounts, including looking out for unusual or fraudulent activity and any notifications which seem odd or suspicious.”
We have been advised that our announcement of the attack is likely to trigger a number of claims and scams from criminals seeking to benefit financially, including through:
• Phishing scams via calls, emails and SMS.
• Offering illegitimate customer details for sale.
To find a comprehensive list of customers’ FAQs regarding the Cyberattack, go to: http://www.optus.com.au/about/media-centre/media-releases/2022/09/optus-notifies-customers-of-cyberattack
Apologies to Alan K. I echoed your story, mate. Sorry about that.
Two years ago, the Government passed an act that made confiscation of savings accounts by the banks, legal. Remove your money as fast as it is paid in. Or, as recommended my Monica Smit switch your account to a credit union.
Pat from Vic – “I wonder how much regard these vermin have for their own personal safety and that of their families and friends. Stealing from the poor to give to the rich historically hasn’t ended well.”
That is why they are warp speeding some of their plans. We know about the bail-in and that there is (in reality) no guarantee that any amount of money is protected from bail-in.
The sheeple are starting to find out that they could loose all of their money by way of a well planned financial crisis.
The sheeple did not appear to worry much about the safety of the experimental jab for themselves and their kids. Will they worry about their hard earned money and property being at high risk of being given over to the elites?
Branch bank managers have always struck me as akin to cockroaches sitting on a stash of money hidden away in their own private little cave.
They know the story – they know what’s going down.
I wonder how much regard these vermin have for their own personal safety and that of their families and friends. Stealing from the poor to give to the rich historically hasn’t ended well.
Yeah we published something like that from memory. Ed
Reference re the last Quote: “G20 Governments All Agreed to Cyprus-Style Theft Of Bank Deposits … In 2010”
That’s something else to thank our recently-deposed PM Julia Gillard for doing, without our knowledge or permission.
This means no security regarding your deposited money in the bank. If you can afford to lose what you have given to the banks, by all means leave your funds in the Bank…
Hi.. Just for your information the bank bail legislation was passed in Australia in 2018 with only a hanful of senators present. It is couched in hidden terms but under the “other measures” which APRA can introduce at any time. One Nations Pauline Hanson tried to get an amendment passed to protect depositors savins but this was either dismissed or not given any air thanks to the traitors in the Senate. Alan Kulari
Sent from my Samsung Galaxy smartphone.