Bank bail-in is on the way

h ttps://barnabyisright.com/2013/04/01/g20-governments-all-agreed-to-cyprus-style-theft-of-bank-deposits-in-2010/

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’, Annex III (click to enlarge)

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 unelected 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.

h ttps://barnabyisright.com/2013/07/10/australia-plans-cyprus-style-bail-in-of-banks-in-2013-14-budget/

Jen.

First thing to understand is that the current fiat currency is not real money, – it’s credit: and is presently devaluing at around 10% per year, but in real term more like 15%. This will soon move into the exponential phase.

This is why electronic currencies are being introduced in the first place: as a replacement for the collapsing fiat currencies.

In many western countries, such as Italy, ‘capital controls’ are already in place. So without people realising it, they cannot transfer large sums of money out of their countries: this always happens prior to government confiscation, usually via the hidden theft of taxation and inflation, – and bail-ins.

If you are genuinely concerned about finding an alternative means for preserving your savings, gold always increases in value as currencies go decrease, which is what they are doing.

But first ask yourself, will your gold be for ‘saving’ or ‘spending’?

If you want an alternative payment method to buy a coffee, bills, etc, then I would probably look at a gold-backed payment system like for example, – Glint-pay [there are many others].

In this case, you will own the gold in your account, so any payments for goods are subtracted from your gold holdings. This is precisely how real banks used to be.

https://glintpay.com/us

Always make sure that you have ‘allocated gold, and always make sure that the gold is stored outside of your own country of residence. As bail-ins will only be the beginning.

And remember, even at $2000, gold is still cheap at the moment. Diversification of wealth is always the safest solution.

In sum: if none of your wealth is stored in their banks, they cannot confiscate it via bail-ins.

Psychopathy equals Judaism that equals Zionism that equals the destruction of our world as we know it. Human energy is the only wealth and the banking oligarchy understand that to achieve their coerced massive wealth by stealth and theft.
Why do we tolerate this pseudo religious tribe that has no God except the masturbated craven images in their fictionous bible confiscated from the pagan writings.
Palestine is warning us that Lucifer is in control.

jen said – “What do we do?”

1. DEFINITELY get out of the BIG FOUR banks – ANZ, Commonwealth, NAB & Westpac – and probably also any other COMMERCIAL bank like Bank of Queensland, etc (and ANY of their variously named and branded subsidiaries).

2. If banking is required, open accounts with MUTUAL banks – that’s CUSTOMER OWNED banks. There’s a raft of them in Australia, with Great Southern Bank and Qudos Bank being among the most recommended. They have all the regular online facilities, and they also allow DEPOSITING and WITHDRAWING cash from any Post Office.

3. Only keep as much cash in the bank as is required to manage necessary online payments and transfers.

4. Consider keeping all your cash under your mattress, or in some other safe place that’s NOT in a bank.

5. Consider taking as much cash as you can afford and invest in SILVER or GOLD bullion and coins.

6. Stock up on non-perishable foods (CANNED food will literally last for DECADES if it’s been properly manufactured, is undamaged and stored in cool, dry conditions, and dried beans and rice and many dehydrated foods will similarly last for years if stored properly) and other essentials like water and household consumables. And maybe invest in a portable camp stove and a couple cartons of butane cannisters. Consider that we each need to drink a litre or two of water or other fluids each day, but the FLUSHING TOILET uses about 10 litres of water for each flush – THINK ON THAT.

Jen, convert to gold and silver perhaps??

Ah, yes, the so-called elite…

RAGING PSYCHOPATHS, is way more fitting & appropriate.