Category Archives: Federal Politics
from Gil Hanrahan in Melbourne
One Nation Senator Pauline Hanson, two of her senators and Attorney General George Brandis QC, have had criminal conspiracy charges filed against them in the Melbourne registry of the High Court of Australia.
The complaint was filed by former One Nation WA Senator Rodney Culleton on Friday June 23 and includes former colleagues senators Brian Burston (NSW) and Malcolm Roberts (Qld).
They have been charged under Section 43, Crimes Act 1914 (Cth).
The summons will be served by Mr Culleton on Monday, June 26.
Former senator Rodney Culleton, was sacked from the senate on Jan 12 after being found bankrupt by the Federal Court. His brother-in-law Peter Georgiou was nominated by the High Court to sit in his place as a One Nation senator for Western Australia.
Mr Culleton filed criminal charges of intent to attempt to pervert the course of justice in respect of the judicial power of the Commonwealth.
Mr Cullleton accused the senators of “seconding a motion in the Senate on the 7th November 2016, to refer the question of the possibility that Rodney Norman Culleton would be subjected to a term of imprisonment by a Magistrate at Armidale, and the Senate did refer the said Rodney Norman Culleton’s eligibility to the High Court.”
The charge further reads “…..and you allowed the matter to continue, even after an agreed Statement of Facts was filed in that Court proving beyond any reasonable doubt that the said Rodney Norman Culleton was never under potential imprisonment and thereby in breach of your sworn public duty, attempted to pervert the course of justice in respect of the judicial power of the Commonwealth.
“ (this is) An Offence against S 43 Crimes Act 1914 (Cth). Under S 129 (5) Evidence Act 1995, the transcript of proceedings in the Senate are admissible against you.”
The charges were filed in support of a notice under 78B of the Judiciary Act 1903 of a constitutional matter alleging the Attorney General had withheld the agreed statement of facts of the referral to the courts by a motion instead of a mandated petition which in any case exceeded the 40 day requirement to lodge an objection to the eligibility of a sitting member.
The agreed statements of fact were not filed in the HCA by the Attorney General.
Culleton said the statements of fact clearly show that he would never have been sentenced to imprisonment for the alleged theft of a truck key two years ago.
“I got no say and the agreed facts were never presented to the bench,” he said.
“Brandis should have filed the agreed facts that were signed of off by the Australian Government solicitor stating that I would never have been sentenced.
“Sect 25 (1) (a) of the Crime Sentencing Procedure Act says the local court must not make an order of imprisonment if the offender is absent.
“This matter has never been held at trial but was only based on non-agreed facts put to the HCA by Brandis.
“He has used taxpayers money to unlawfully remove me from senate at the request of the banks.”
No date has yet been set for a hearing.
Senator Hanson was unavailable for comment.
During Culleton’s short tenure sitting in the senate he forced the High Court to restore the Queen in legal process.
He says the restored ‘Queen of Australia’, does not exist. Culleton has been a huge thorn in the side of the banks, calling for a federal inquiry into banking practices after presenting evidence of widespread corruption involving farm foreclosures.
View documents of charges lodged;
Australian nurses and midwives who dare to speak out against the dangers of vaccinations, regarding deadly mercury contents, faetal tissue and other harmful ingrediants, on social media or in person will be prosecuted, the Australian government has warned, urging members of the public to report vaccine skeptics to the authorities.
Medical professional face a jail sentence of 10 years for expressing doubt about the effectiveness of vaccinations or urging further studies into vaccine safety. Opponents of the new law claim free speech and scientific integrity is under attack in Australia by a government that has been bought and paid for by Big Pharma.
“With no exceptions we expect all registered nurses, enrolled nurses and midwives to use the best available evidence in making practice decisions. This includes providing information to the public about public health issues,” Chair of the Nursing and Midwifery Board of Australia (NMBA) Dr. Lynette Cusack said in a statement.
The NMBA has called on Australians to report nurses or midwives promoting anti-vaccination – ‘anti-vaxxers’, as they’re known colloquially.
“The board will consider whether the nurse or midwife has breached their professional obligations and will treat these matters seriously,” the statement said.
“Any published anti-vaccination material and/or advice which is false, misleading or deceptive which is being distributed by a registered nurse, enrolled nurse or midwife (including via social media) may also constitute a summary offence under the National Law and could result in prosecution by AHPRA [Australian Health Practitioner Regulation Agency.
Robert J Kennedy jr stated in his meeting with Donald Trump:
“What you have to understand is that the vaccine regimen changed dramatically around 1989. The reason it changed, Tucker, is that Congress, drowning in pharmaceutical industry money, did something they have never done for any other industry – they gave blanket legal immunity to all the vaccine companies.
“So that no matter how sloppy the line protocols, no matter how absent the quality control, no matter how toxic the ingredients, or egregious the injury to your child, you cannot sue them.
“So there’s no depositions, there’s no discovery, there’s no class action suits. All of a sudden vaccines became enormously profitable.”
“It became a gold rush for the pharmaceutical industry to add new vaccines to the spectrum.”
Watch the video
“Brain dead Sheep?”
One of the strongest supporters of vaccination, Victoria’s Health Minister Jill Hennessy, has no time for parents who believe vaccine safety requires further study in order to ensure they are safe for our children.
Describing vaccine skeptics as “brain dead sheep“, the politician said:
“They are an organized movement, largely stemming from the United State of America that are hell bent on misleading parents that vaccinations are unsafe.
“That’s a dangerous message and one I’m going to continue to fight. Vaccinations save lives,” the minister concluded.
“This statement confirms poor Jill knows nothing and understand less.”
According to the new laws, parents who don’t immunize their kids may stop receiving childcare benefits. Only people with solid medical reasons are exempt from the crackdown.
The Labor leopard has not changed it’s spots
As the Abbott government began to take on union power and corruption and then a Royal Commission exposing Union liars, thugs & thieves, a new book reveals the union movement’s role in one of the most shameful periods of Australian history. What the wharfies did to Australian troops – and their nation’s war effort – between 1939 and 1945 is nothing short of an abomination.
Perth lawyer Hal Colebatch has done the nation a service with his groundbreaking book, Australia’s Secret War, telling the untold story of union bastardry during World War 2.
Using diary entries, letters and interviews with key witnesses, he has pieced together with forensic precision the tale of how Australia’s unions sabotaged the war effort; how wharfies vandalised, harassed, and robbed Australian troop ships, and probably cost lives.
One of the most obscene acts occurred in October, 1945, at the end of the war, after Australian soldiers were released from Japanese prison camps. They were half dead, starving and desperate for home. But when the British aircraft-carrier HMS Speaker brought them into Sydney Harbour, the wharfies went on strike. For 36 hours, the soldiers were forced to remain on-board, tantalisingly close to home. This final act of cruelty from their countrymen was their thanks for all the sacrifice.
Colebatch coolly recounts outrage after outrage. There were the radio valves pilfered by waterside workers in Townsville which prevented a new radar station at Green Island from operating. So when American dive bombers returning from a raid on a Japanese base were caught in an electrical storm and lost their bearings, there was no radio station to guide them to safety. Lost, they ran out of fuel and crashed, killing all 32 airmen.
Colebatch quotes RAAF serviceman James Ahearn, who served at Green Island, where the Australians had to listen impotently to the doomed Americans’ radio calls: “The grief was compounded by the fact that had it not been for the greed and corruption on the Australian waterfront such lives would not have been needlessly lost.”
Almost every major Australian warship was targeted throughout the war, with little intervention from an enfeebled Prime Minister Curtin. There was the deliberate destruction by wharfies of vehicles and equipment, theft of food being loaded for soldiers, snap strikes, go-slows, demands for “danger money” for loading biscuits.
Then there were the coal strikes which pushed down coal production between 1942 and 1945 despite the war emergency. There were a few honourable attempts to resist union leaders, such as the women working in a small arms factory in Orange, NSW, who refused to strike and “pelted union leaders with tomatoes and eggs”.
This is a tale of the worst of Australia amid the best, the valour and courage of our soldiers in New Guinea providing our last line of defence against Japanese, only to be forced onto starvation rations and to “go easy on the ammo” because strikes by the wharfies back home prevented supplies from reaching them. A planned rescue of Australian POWs in Borneo late in the war apparently had to be abandoned, writes Colebatch, because a wharf strike in Brisbane meant the ships had no heavy weapons.
There was no act too low for the unionists. For instance, in 1941, hundreds of soldiers on board a ship docked in Fremantle entrusted personal letters to wharfies who offered to post them in return for beer money. The letters never arrived.
At one point in 1942 a US Army colonel became so frustrated at the refusal of Townsville wharfies to load munitions unless paid quadruple time, he ordered his men to throw the unionists into the water and load the guns themselves.
In Adelaide, American soldiers fired sub-machine guns at wharfies deliberately destroying their aircraft engines by dropping them from great heights. Australian soldiers had to draw bayonets to stop the same Adelaide wharfies from stealing food meant for troops overseas. You will read this book with mounting fury.
Colebatch offers various explanations for the treasonous behaviour of the unions. Many of the leaders were Communists obsessed with class warfare. Fervent “identity politics” led them to believe they were victims, and that servicemen and women were “puppets of capitalism whose lives were of no consequence”.
Contrary to popular belief, strikes and sabotage continued to the end of the war, even after the Soviet Union became an ally, writes Colebatch, who contends that the Australian Left may have wanted to undermine the military in preparation for revolution after the war. Whatever the reasons for the defective morality of those unionists who sabotaged our war effort, the traitors have never been brought to account.
This story has been largely suppressed for 70 years because Labor and the Left have successfully controlled the narrative of history.
But no more, thanks to Colebatch.
From where does Keenan get authority to call in firearms?
The Federal Government is terrified of internal security assessments warning the nation is teetering on a powder keg of mistrust and discontent over Muslim immigrants and mendacious politicians implementing policies in unison with the largely despised United Nations.
Domestic intelligence has warned the now unraveling corporate system of government, surreptitiously introduced first by Whitlam and continued by successive governments could dissolve from civil unrest into civil war.
Any casual observer of social media would discover that all governments are held in contempt by a majority of Australians.
The Federal Cabinet is desperate to disarm law-abiding citizens who hold unregistered firearms for many reasons. The main theme found throughout social media and alternative news sites is a distrust of government and more expected violence by Islamists which have infiltrated communities throughout Australia.
As depicted in the lauded 1984 film of doomsday preppers, ‘Red Dawn’ starring Patrick Swazye, when the Russians and Cubans invade rural American towns, their first ploy is to round up and incarcerate gun owners, found from searching firearms registration records.
One reader, a member of the firearms industry, has told Cairns News an estimated one million or more unregistered firearms are held nationwide by the public, which is in fear of losing easily traceable registered firearms when the ‘shit hits the fan.’
Between the seventies and early nineties the industry estimates more than one million Chinese semi-auto SKK and SKS combat carbines were imported. At the 1996 amnesty, only a reported 4000 of these military styled weapons were handed in for crushing. One does not have to be an Einstein to work out the fate of the remaining 996,000, he said.
“The police and military will seize all registered firearms from licensed gun owners across the nation when the trouble starts, leaving the public completely at the mercy of the government,” the industry member said.
“This is why people will hide them, especially ex-military members seeing what happens to a disarmed population when the invaders have all the guns.
“If the government thinks normal people will hand in their guns they are dreaming.”
Another report from a NSW investigator, who wishes to remain anonymous, says that in NSW during the 1996 amnesty, a pistol club and several rifle ranges reported that people of Muslim or similar ethnic appearance toured gun clubs buying whatever firearms they could get their hands on, rather than shooters handing them in for destruction.
Homes of licensed gun owners in NSW were accurately targeted by thieves stealing dozens of pistols and rifles several years ago. Gun club members said many homes in close-together suburbs were raided by thieves who stole their locked up guns. The clubs complained that the NSW firearms registry records had been hacked or deliberately given to thieves. No action was ever taken by authorities.
The Liberal/ALP/Greens Party disarmament
While terrorists continue to kill Australians on home soil, the gun-hating Liberal Party wants to completely disarm 25 million responsible citizens by crushing their firearms and leaving them at the mercy of those who have guns. The criminal element in the ethnic ghettos of Sydney and Melbourne will never voluntarily hand in their firearms.
Those who will keep guns include police and the military. Today a lot of law-abiding citizens actually fear the government which wants to leave us defenceless against the estimated 120,000 Islamic ‘refugees’ who entered the country by air during the Rudd/Gillard/Rudd regime.
It has been acknowledged by security agencies, with the exception of the head of ASIO, that a large number of single males who entered Australia posing as refugees, were between the ages of 16 and35, just the right age to qualify for military service.
Many of these immigrants have had military training in the countries from which they claimed to have fled. Right amongst us now exists a potential fifth column of fighters. Stashes of firearms have already been found in Australian mosques, no doubt many more exist.
Justice Minister Michael Keenan should be targeting firearms held by ethnic groups and actually allowing responsible citizens to carry arms for their self-protection. But Section 18c of the Anti-discrimination Act won’t allow the government to target criminal gangs by ethnicity. Interestingly Keenan was one of the ‘wet’ Liberals who did not support amending this offensive section.
High profile politicians such as Senator David Leyonhjelm and Bob Katter have demanded law abiding citizens be able to carry firearms for their self-defence.
Instead the arm draggers of the LNP/ALP/Greens nexus want to leave us defenceless against Muslim infiltrators and other armed criminals who will never give up their guns.
Crime in Victoria this year increased 10.2 per cent and a spate of home invasions and car-jackings has left police extremely worried.
Public concerns have also been raised about gangs of migrant(Muslim) teens, with reports some parents are sending their teenage children back to countries like Sudan to break the spiral of offending.
Victoria Assistant Commissioner Stephen Leane told reporters on Wednesday teenagers from a range of backgrounds were committing home invasions and car-jackings.
“It’s the United Nations — we’re seeing a cross group of offenders who are stealing cars in that way,” he said.
It is believed people in areas suffering from violence and crime are buying bats to arm themselves.
Mr Leane told 3AW they weren’t using the words home invasion or carjacking two years ago and the community had a right to be concerned.
“I understand the nature of fear in our community and for many it’s real for those who have been victimised by those offenders who have come into their house, probably the first time they’ve ever had to call the police,” he said.
“The issue around whether you think a baseball bat and your expertise will defend you in those circumstances, I’m not sure even I could defend myself against a gang that wanted to break into my house.”
As crime statistics reveal, potentially armed citizens are a threat to any criminal or terrorist.
The dumbed-down Liberals and the ALP with their equally irresponsible bureaucracy have some esoteric belief the police will save the public from being shot by a terrorist or a home invader. The families of those killed at the Lindt Cafe in Sydney would disagree.
The Lindt saga would not have got off the ground if just one patron had a legal .22 pistol in their handbag or pocket.
Why doesn’t Mr Keenan look at the avalanche of evidence that has surfaced since the Port Arthur training exercise revealing some of the alleged victims did not exist, or the numerous other anomalies proving Martin Bryant was not present at Port Arthur when the shooting took place at the Broad Arrow Café.
Mr Keenan should ask his colleague, the Liberal President of the senate and former Tasmania police officer, Stephen Parry for confirmation of these facts. Mr Parry was smack in the middle of the Port Arthur training exercise and has subsequently admitted as much in a speech to the Undertakers and Embalmers Association.
In 2016 Parry was outed by Austrian author and forensic investigator, Dr Keith Noble, for his part in the official training exercise cum massacre cover-up.
The Islamists and the crooks know we can’t fight back, unlike our American cousins, who repel fire with fire. Now Australia has assumed the official status of the 51st State of the United States, every responsible citizen should have the option of concealed carry.
It has been announced that the homicide rate has substantially fallen in Australia and the weapon used by criminals in 37 per cent of cases is a knife.
If Minister Keenan has his way, soon you will be eating your food with chopsticks.
The Federal Government will soon finalise the complete and ultimate facial recognition records for all Australian citizens.
And Pauline Hanson wants a national ID Card?
A national data base of passport, driver, gun owner and high risk equipment operator licence photos will be kept for access by just whom remains unknown.
Federal and State police, immigration officers and Border Force will have access, but it seems more clandestine bodies will get their hands on your complete identity.
ASIO, ASIS and reciprocal overseas spy agencies will also have access to all of your personal data.
It should be noted that Australia has arrangements with some rather dubious nations for exchanging the personal information of all our citizens.
CCTV footage as depicted in US television shows such as NCIS Los Angeles will end up in captured data as supposedly trained facial recognition experts scan your face while you browse the shopping mall, fuel your car at the service station or sit on a park bench.
Queensland Traffic Police and their contractors have had this technology for three years, photographing you in your car every time you pass a highway patrol vehicle or stationary camera car, storing your image and that of passengers, vehicle description, direction, time and date of travel.
The police cars have infa-red ability and can photograph the driver and all passengers in the car as you pass. By then your number plate will have been read by the on-board computer and sent online to the huge data bank in Roma Street Police HQ and another massive data bank held by the Main Roads Department.
Soon after the facial images of the car occupants will be sent to the national Face Identification Service.
Nearly 80 per cent of people over 16 hold a drivers licence and 55 per cent have a passport. More than 600,000 citizens have a photographic gun licence in Queensland.
Justice Minister Michael Keenan told News Corp that passport photos would be accessed in the coming months and drivers licences would be tapped into after ongoing discussions with the states were finalised.
The Face Identification Service will match a photo of an unknown person against multiple government records to help establish their identity.
“These biometric services will change the face of crime fighting in Australia,” Mr Keenan, a Liberal, said.
The final piece of the identity jigsaw is about to come into place. Tasmania MP Andrew Wilkie has warned Australia will become the police state, test case for the final solution.
The advice of Sydney security expert Mike Petersen: Do not vote at any election. If everybody does this the government will fail and the people can lawfully take control, elect their own representatives and return to Constitutional rule.
from Gil Hanrahan in Cairns
Observers from the court gallery swear 12 statements in registry immediately after Walter was removed from the Magistrates Courtroom
The exposure of the corporate governance of Australia has seen retired policeman David Walter unlawfully jailed for his research by Cairns Magistrate, Mrs Jane Bentley.
Comments received by Cairns News from onlookers at the court on Monday clearly indicate the Magistrate provoked David Walter, after she told him he had three minutes to state his defence to a spurious and vexatious bankruptcy charge.
It seems the Magistrate talked over Walter whenever he tried to present his extensive defence, soon expiring his three minutes.
She then allowed him five minutes to speak in his defence, but any mention of the corporation was spoken over by the Magistrate.
Clearly Walter was becoming more frustrated because of the stymieing efforts of the now vocal Magistrate in what eventually became a slanging match.
Walter picked up his books from the bar table, then accidentally dropped them throwing the remainder back onto the table.
The federal Department of Public Prosecutions barrister present to prosecute Walter allegedly for not declaring a collection of pet birds in his assets, stood looking rather stunned as Walter advised him of the legitimacy of the legal profession.
He told the Magistrate, who was in the throes of departing the court room, that the premises belonged to the real Crown and she had no business there.
He said he too was leaving but two burly Court Protective officers blocked the doorway from the court.
Walter told them they too had no authority and to get out of the room. Before disappearing through a rear door, Mrs Bentley told the two officers to arrest Walter.
On his re-appearance at 11.30am a manacled Walter in the witness box was told of the new charges concocted by the Magistrate during the recess.
She ordered he undergo a mental assessment, then be held in the lockup charged with contempt, assault and other erroneous misdemeanours.
The ensuing mental health report said Walter was not delusional or psychotic, but “held some idiosyncratic views regarding several judgements from higher courts.”
In Corporation-speak we can only assume this means he knows exactly what his argument is about and judging by the Corporation’s knee jerk reaction, he is completely correct but was now ready to be admitted to the re-education camp.
Walter will remain incarcerated for a month then he should be eligible for parole, no doubt on the proviso he not mention the antics of the Corporation.
His family has held off filing a Writ of Habeas Corpus until a legal representative can be briefed next week.
In the meantime however he will have to take part in a video hook up from Lotus Glen prison at Mareeba, to defend the dodgy charge of failing to report his bird-keeping hobby.
This is Australia folks and we advise our many overseas readers contemplating a holiday down-under to have a rethink, otherwise you might end up like this highly esteemed policeman unable to defend himself against a totally broken, corrupt and unlawful corporate legal system.
One reader suggested the magistrate should undergo a mental assessment for referring to the ‘busted-arse judicial process’ as a “justice system.”
He said although Australia had been overrun by Chinese, “it does not mean we have to adopt their legal system too.”
from Robert J Lee in Cairns
One of the sorriest days in Queensland judicial history played out in the Cairns Magistrates Court on Monday when two Court Protective Officers threw former policeman David Walter, 67, to the floor, handcuffed him and led him off to the watch house.
In the long-running saga Walter was hit with bogus charges by the Commonwealth Director of Prosecutions for not including a bird collection in assets when he was forced into bankruptcy by an equally bogus and corrupt federal legal system.
He was attempting to defend himself against a corporate system designed to take out any opposition to its satanic objectives.
Presiding Magistrate Jane Bentley is a barrister formerly employed by the Queensland Police Service, then with the National Crime Authority.
According to witnesses in the public gallery, she was on a mission to derail Walter at any cost.
Walter subpoenaed Prime Minister Turnbull, Governor General Peter Cosgrove, Premier Palaszczuk, Governor Paul de Jersey(affectionately known within the bureaucracy as ‘Daphne’) and Police Commissioner Ian Stewart to attend and provide certain documents.
DPP Prosecutor Berens, agreed with Bentley the subpoenas required 21 days clear notice of service but he claimed they were one day short of the statutory period.
The Magistrate obviously had pre-determined the subpoenas invalid, thus the high profile witnesses did not turn up in any case.
When beginning his defence at the bar table Bentley gave Walter three minutes to outline his case. After one minute, Bentley, an obviously hostile former DPP employee, talked over the top of him whenever he mentioned the Corporation.
“You sit under the corporate symbol of and are a member of Peter Beattie’s corporate ‘my state’ and you have no authority outside of it,” the retired prosecutor told her.
“I am a private person not of your Corporation that is registered in Washington DC and you Madam have no authority over any citizen who is not member of a political party.
“You are a member of a corporation talking to me as a private person.”
Bentley was not going to allow Walter to get his synopsis into the court records, thus becoming a public disclosure of the corporatized government and courts with their own ABN numbers.
The Corporation has too much to lose should the already awakening public giant finally discover the treasonous path down which the political parties have led this once prosperous state and nation without its consent.
In an increasingly heated exchange between the Magistrate and Walter, he became angry as she kept talking over him in a louder and louder voice, warning she would charge him with contempt if he didn’t back down.
Any self-litigant would have reacted in a similar manner when facing such hostility particularly when one observer described the Magistrates Court system as a Roman Catholic tribunal, and a ‘pretend court’ operating under Admiralty rules in which one is unable to mount a defence against bogus charges.
In a highly charged address Walter explained the unlawfulness of the tribunal, how Beattie changed the Queensland Constitution in 2001, removing the Queen, and enshrining the public service within the corporation all without a referendum of the people
Bentley ordered an adjournment after Walter was trussed like a turkey by court officers, then taken to the caboose for re-education.
When Walter reappeared at 11.30 am he stood manacled in the witness box to hear new charges read out by Bentley.
Court officers refused his request to loosen the handcuffs which he said were cutting off his circulation.
Essentially she was charging him with contempt, ignoring her orders that he shut up, bringing the ‘court’ into disrepute, assaulting court officers, resisting arrest and other alleged, erroneous misdeeds.
Reminiscent of a Stasi operation in post-war Germany, Bentley ordered Walter undergo a mental health assessment, a favourite tool of fascist oppressors.
She warned the penalty for such terrible misdemeanours was 12 months jail and he “should consider his options” while she was in the driver’s seat as Walter continued to tell her she had no authority over him.
The magistrate adjourned the bird cage allegations for several weeks, saying a video trial would probably be arranged to hear the original charge of not including his hobby of keeping birds as an asset.
Having an unblemished 37 years service as a Northern Territory police officer and prosecutor, this man, after realising how far society had descended in the race to the bottom, unselfishly assisted citizens across the nation in their war against an unwavering, egregious and avaricious, corporate, partisan system of government.
Other than to record all public electronic communications, the corporation has been unable to deal with social media, lest it prematurely start a revolution. For now unblemished information is the only weapon of the masses.
Welcome to the dawning of the 51st American state.
Why would a government chartered by the constitution to protect the people be so reluctant for a Royal Commission into Australian banking when overwhelming public evidence suggests a pungent smell of endemic criminal corruption is abundant, reflecting a vested political interest.
You may find the attached paper of interest.
We thank Betty Luks of Australian League of Rights for presenting this paper to sosnews for our readers to review. The International Review of Financial Analysis published by Elsevier Inc was invited to present a submission to the Iceland government in the aftermath of the banking collapses in 2008.
The big four taxpayer protected banks have developed their unchallenged rule book void of all serious accountability and shrouded in government protection that now rides on shaky ground.
There is escalating support in the upper house to investigate banks with extremely wide terms of reference reporting back to the parliament, not the Executive. This does not apply to a Royal Commission which is implemented by the Cabinet which can appoint allied commissioners and terms of reference, which is then reviewed from behind closed doors of the executive alleviating any input from the people’s parliament.
Harry Palmer, Editor
International Review of Financial Analysis Introduction
Thanks to the recent banking crises interest has grown in banks and how they operate.
In the past, the empirical and institutional market micro-structure of the operation of banks had not been a primary focus for investigations by researchers, which is why they are not well covered in the literature.
One neglected detail is the banks’ function as the creators and allocators of about 97% of the money supply (Werner, 1997, 2005), which has recently attracted attention (Bank of England, 2014a,b; Werner, 2014b,c).
It is the purpose of this paper International Review of Financial Analysis published by Elsevier Inc to investigate precisely how banks create money, and why or whether companies cannot do the same.
Since the implementation of banking operations takes place within a corporate accounting framework, this paper is based upon a comparative accounting analysis perspective. By breaking the accounting treatment of lending into two steps, the difference in the accounting operation by bank and non-bank corporations can be isolated.
As a result, it can be established precisely why banks are different and what it is that makes them different: They are exempted from the Client Money Rules and thus, unlike other firms, do not have to segregate client money. This enables banks to classify their accounts payable liabilities arising from bank loan contracts as a different type of liability called ‘customer deposits’.
The finding is important for many reasons, including for modelling the banking sector accurately in economic models, bank regulation and also for monetary reform proposals that aim at taking away the privilege of money creation from banks.
The paper thus adds to the growing literature on the institutional details and market micro-structure of our financial and monetary system, and in particular offers a new contribution to the literature on ‘what makes banks different’, from an accounting and regulatory perspective, solving the puzzle of why banks combine lending and deposit-taking operations under one roof.
Click on picture to download/read the document
Letter to the Editor
On Monday May 22nd at Cairns Magistrates Court, the most important event since Federation will take place. Retired police officer Mr. David Walter will present his defense against an attempt to jail him from matters following on from a Court bankrupting him for refusal to pay moneys not owed by him to shires for rates in which he owns no land and costs awarded against him in a matter he was a non party to.
He has summonsed to the Court the following people. The Queensland Premier, Governor and Police commissioner. Mr. Malcolm Turnbull and the Governor General Peter Cosgrove. They are called as witnesses for the defense and as no one is above the law in Australia they must appear.
This culminates a 12 year campaign by Mr. Walter to see justice done for a number of his friends who had their property stolen by persons proported to have the lawful authority of the state of Queensland.
Mr Walter took this fight to State Courts, the Federal Court, the High Court and finally to the Privy Council and the International Criminal Court.
His case simply argues that the people have a contract with our Sovereign through the Constitution of 1901 through which she holds our rights, and secures title to property in a contract with we the people in Common Law.
We have no such lawful agreement with the Members of political parties, calling themselves Governments “of Australia, not of the Commonwealth” and registered in the USA. as Private Corporations and political subdivisions of the American Government. They never paid the Crown for her lands nor paid the people for their titles, they just simply stole them. They removed our titles from the Crown and placed them in their private Corporations registered in Washington D.C. where they have borrowed against these stolen assets.
From Whitlam until now, no so called law has had Royal Asset. We the people were never asked at referenda to give consent to any of their actions. They have contracts only with members of other political parties not we the people. The best word to describe their actions since Whitlam is treason.
No lawful contract exists between the people and these private corporations calling themselves “Australian Governments”, registered in the USA and using a currency deemed by the High Court in 1988 to be not lawfully “of the Commonwealth of Australia” to pay Governors, Judges and police to tax, fine, regulate, license and imprison Subjects of the Crown.
Even Peter Beattie in his Annotated Constitution of 2001 declared that he couldn’t remove the previous Constitution or remove the Common Law rights of the people and “that to do so, without a referenda of the people it would be dangerous to do so”. Yet these private corporations calling themselves Governments have done exactly that. Come and see it all fall.
by Robert J Lee in Cairns
Cairns will soon be graced with an unexpected visit by Prime Minister Malcolm Turnbull who has been subpoenaed to attend the Cairns Magistrate Court on May 22 to give evidence for the defence in a vexatious and false prosecution.
Not only will Cairns city host the PM, but none other than The Governor General Sir Peter Cosgrove has been joined in the action to explain how he holds office under the fictitious Queen of Australia and is being paid in dollars instead of pounds, shillings and pence, as required by the Constitution. It should be noted the Queen has not ever assented to the Decimal Currency Act 1965.
In case the GG gets lonely in the Far North, his Queensland counterpart, former Chief Justice Paul de Jersey and now Governor also has been served with a subpoena to attend.
He has been requested to explain how he, as Governor continues to allow the State business to function after former Premier Peter Beattie turned Queensland into ‘My Government’ of the Smart State, in effect a republic, without a referendum of the people in 2001.
Then if things get out of hand, Queensland Police Commissioner Ian Stewart has been commanded to appear to tell the court how he allowed armed SWAT policemen to gate crash David John Walter’s Herberton home then steal his firearms when the state government is a registered foreign corporation listed on the Washington Stock Exchange and has no authority over any person
who is not a member of a political party.
Prosecutor, David Walter says Mr. Malcolm Turnbull MP, like all Australian politicians is only a private person and a member of a registered political party within the Unicameral Parliaments of Australia, attested by holding a signed, dated, sealed, commercial contract with former Premier Peter Beattie of Queensland – Queensland the Smart State – in the creation of unicameral parliaments of Australia, known as the Australian Government.
The Cairns show promises to be a blockbuster of unimaginable proportions the likes of which have not been seen since federation in this country.
All citizens are invited to attend the Cairns court at 9am on Monday, May 22, 2017 to witness freedom in the making.