Blog Archives

BUST THE BANKS

We will face the crisis with aggression and unity – KAP

Charters Towers Debt Summit August 31, 2015

With less than a week until the Charters Towers Rural Crisis Summit, Member for Dalrymple Shane Knuth said he has felt a groundswell of interest.

” Since we announced that a summit would be taking place I have been fielding calls from graziers and small business owners in drought effected areas all over the state,” Mr Knuth said

“The amount of people who are getting involved in this is encouraging, the rural crisis really is the issue of our time.

shane-knuthMr Knuth who will be chairman on the day with KAP member for Mount Isa Rob Katter said while the speakers at the summit will help bring context, it is a priority locals are given the opportunity to speak.

“The summit is important but the action that follows after is essential,” Mr Knuth said.

“The resolutions devised and agreed upon at the summit will form a blue print for action in rural Queensland.”

Member for Mt Isa Rob Katter who held a similar summit in Winton last year said the rural crisis committee which has since become the backbone for rural advocacy in the area.

“Less than a year on the committee has been instrumental in applying strong pressures to the government in face to face meetings, but we aren’t done yet,” Mr Katter said.

“There needs to be a stronger and more direct connection with between the cattle producers, business owners and the policy makers, we are trying to facilitate this.”

KAP Federal member for Kennedy Bob Katter who will also be part of the day has widely encouraged people from all walks of life to join to help find a solution.

Mr Katter said the current high price of cattle due to the lack of stock available isn’t a consolation for struggling farmers because they themselves have no cattle to sell.

“There are answers here, and we have got to go to those answers with aggression and unity,” he said.

“Wandering around blaming political parties quite frankly isn’t going to get us anywhere, there is a big system of power there and we must assail it on the political front, the economic front and through social media.”

Mr Katter drew reference to the story of Charlie Phillott (speaking at the summit) who’s story written by David Pascoe, went viral and became the most shared post in Australian History.

“The people of Australia are  behind us, but we have got to know clearly what we want,” Mr Katter said.

“We must fight for survival.”

AGENDA

Final Agenda Charters Towers Rural Crisis Summit

Chaired by Shane Knuth and Robbie Katter

9.30- CUPPA

9:50 – Take your seats for the morning

10:00- Opening Address and Welcome Shane Knuth MP Member for Dalrymple

10:10- Andrew Jensen chairman Charter Towers Rural Crisis Committee, Committee work and goals for the day/ House keeping

10:15- Charlie Phillott face of the crisis/ Winton

10:20 – Bill Byrne MP, Minister for Agriculture Queensland Government

10.35 – Open Questions to Minister Byrne

10:50 – MORNING TEA

11.30 – Brian Egan, Aussie Helpers

11.40 – Cate Stuart, Formerly of Mount Morris Station

12:00 – Ben Rees, Australian Agriculture, the Real Story 12:15 – Dr Mark McGovern, Summing Up

12:45 – Committee Resolutions/ Other resolutions

1:30 – Bob Katter Federal Member of Kennedy, Closing address

For more information on the day please call: 0466-7 11-527

 

Financial System Inquiry Recommends an urgent ROYAL COMMISSION into Australian Banks

Please join this campaign to stop the banks from stripping our personal assets including our homes!

https://www.change.org/p/mr-david-murray-chairman-of-the-financial-system-inquiry-recommend-an-urgent-royal-commission-into-australian-banks-australian-non-banks-collapsed-companies-the-regulators-asic-apra-and-all-subsidiaries-and-joint-partners?recruiter=29024752&utm_campaign=mailto_link&utm_medium=email&utm_source=share_petition

Commonwealth Bank fleeces the economy of $8.6b: any wonder we are broke

The Commonwealth Bank of Australia has announced the highest ever financial heist by any bank in the country of $8.6 billion, to the end of June 2014.

Today the ANZ Bank announced a nine month profit of $5 billion.

All of this without ever lending one cent in legal tender of their deposits.

While Queensland wallows in a sea of debt owed to foreign bankers thanks to the former Labor Government, the State Treasurer Tim Nicolls by his inaction, does not understand the basic tenets of the creation of money.

The Commonwealth Bank has in effect taken $8.6 billion out of the national economy, by creating a monetary deposit every time a loan is approved.

When struggling borrowers repay their loans with their wages or business income covering interest and redemption, the bank profits by the entire amount with money it did not originally possess.

The fractional reserve system enables banks to lend at least 18 times the value of their deposits without lending one cent in legal tender (notes and coins).

Has any bank customer ever been told by a teller, “ I am sorry I can’t cover your withdrawal because we lent your deposit to another customer.”

The CBA will pay a dividend of an average $3,500 to every shareholder.

Treasurer Tim Nichols legally can set up a State Bank lending to local authorities and for development projects without borrowing one cent from any bank.

State Banking once was National Party policy.

This bank can issue credit at low interest rates for projects against the collateral value of the mineral and agricultural resources of the State.

Infrastructure funding would be available for large projects such as new railways which are desperately needed to take the pressure off the State’s crumbling road network.

Treasurer Nicholls and his party could easily remain in power if he had the integrity and intestinal fortitude to buck the banks and help desperate farmers and businesses in the State to prosper.

Selling publicly owned assets is unlawful because the corporate ‘Queensland Government’ does not own them.