Non-recourse lending needed urgently to curb banks
Plummeting house prices has KAP Leader and Federal Member for Kennedy Bob Katter slamming the banks saying it’s time we stepped in line with other countries and introduced non-recourse lending to prevent further torture to homeowners while the banks take a free ride, using their power to “drive over the top of us” and “crush us at their whim”.
Currently, Australia has recourse lending, while America (and most other countries) have non-recourse lending, which means the bank can only get the house back; they can’t get the debt back.
“The borrower pays off $100k on their $500k house, he’s behind on his repayments, the bank sells it up for $300k, they get a tax write off of $100k, they have an insurance loan guarantee that pays off the other $100k. Meanwhile, the poor old once proud homeowner now has no house, has lost $100k and is $200k in debt – he’s a debt slave for the rest of his life,” Mr Katter said.
“Undoubtedly we’d be one of three or four key players in securing the banking enquiry – we never made a call for it without reference to the overheated housing market.
“There is an impending disaster – the average price of a house in Sydney, Newcastle and Wollongong is $800,000 and the average take home pay for a couple is around $80,000 – how are you going to service that debt?
“KAP policy says that Australia must get in step with other countries. The bank knows better than a 23-year-old newly married apprentice and whether he and his wife can afford to pay $1000pw.
“It may be argued the bank is more culpable than the borrower – in America there is non-recourse lending where the banks, as they should, share the loss.
“Further, I am scared silly that the ALP actually intends to abolish negative gearing, people buying houses for investment will leave the market and housing prices will collapse even further, and I want people to know cold bloodedly there is a crashing down of housing values that will be precipitated if Labor proceeds with extraordinarily irresponsible action,” Mr Katter said.
Katter calls for more northern surveillance as asylum seekers dodge police in croc infested mangroves
Police and Border Force agents are rounding up a boat load of foreign refugees after their fishing vessel ran aground near the mouth of the crocodile-infested Daintree River north of Cairns at the weekend.
So far 11 have been caught but an unknown number remain on the run.
Authorities have been left aghast as the vessel sailed through from the north completely under the radar of Border Force and local shipping.
Federal MP Bob Katter, whose electorate lies just south of the Daintree has accused the government of being asleep at the wheel instead “playing political games in Canberra while Rome continues to burn.”
Long-time border protection protagonist and former Army Reservist Bob Katter has been calling for more surveillance of our northern coastline.
“There should be dozens of fast patrol boats based at Karumba, Gove and Thursday Island with drones and armaments,” Mr Katter said.
Meanwhile the search continues today with the Cairns Police dog squad searching the shoreline and thick mangroves, avoiding the many large crocodiles which inhabit the area.
Ironically today a State Government Parliamentary committee is taking public evidence in nearby Port Douglas to support the Katters Australian Party’s Safer Waterways bill which would allow crocodile culling and egg collection to reduce the explosion in crocodile numbers across the north.
Banks order the Member for Goldman Sachs, Mal Turnbull to knock up an inquiry for which they will provide the terms of reference
30 November 2017: KAP Federal Member for Kennedy Bob Katter today applauded the Turnbull Government’s endorsement of a Royal Commission into the banks, but warns that whilst this battle is won, the war will continue should the Government opt to uphold a 12 month review period and construct the review board from those within the finance industry.
Mr Katter, who was the first Member of Parliament to call for a Royal Commission into the banks in May 2015 and who introduced legislation in the Parliament earlier this year, labelled today’s announcement as ‘a great victory of the people of Australia’.
“This is a great victory for the ordinary Australians. Today my fellow Australians we have won. We have proved that we can win. The Government has been resistant almost to a point of bringing down their own Government against having a Royal Commission into the banks.
“Resistant to a point where the people had a great stroke of luck and the Liberal Party was one down in the Parliament and since they were one vote down, we could cease control of the Parliament and get through the Royal Commission into the banks.
“But the victory lies with those people that did not cop if from the banks but stood up and fought and fought and fought, and with the meagre resources they had they went into the courts and got slaughtered, constantly coming to people like myself and the crossbench – together were able to get the victory today”
“I had the very great honour of having drafted the legislation in conjunction with George Christensen; just two ordinary Australians. The leader of the Government is a banker and unfortunately for him, from Goldman Sachs whose history is checkered.
“This is where the second ball game arises. The Government only acted at the request of the banks. They ignored the majority of the Parliament, they ignored the majority (I suspect) of their own Party and they most certainly treated with contempt the view of the people of Australia. They only acted when they got their writing instructions from the banks and that is a terrible indictment of the Government.”
Mr Katter said that the substance behind the Royal Commission will come down to the composition of terms of reference of the inquiry and said that appointments to the Commission should be approved by the Parliament.
“We put in our legislation, that there will be three judges and three people from the community. We don’t want Caesar judging Caesar. We don’t want just anyone from the financial sector. On our list of names, we suggested Oliver Yates who has a banking background but has proved again and again what he thinks is the right thing and not just what the banks say is the right thing to do. These are the sort of people the people of Australia would trust to do the right thing.
“To my fellow Australians I say this; you have risen up, not given in and fought, you never gave up and you never gave in. You kept out there fighting and fighting. But I warn you, the man from Goldman Sachs is not going to be giving you the inquiry that you want.”
November 16, 2017 – The number of life savers available to patrol Port Douglas beaches will continue to fall because parents are no longer enrolling their children in Nipper programs for fear they will become victims of a crocodile attack.
State KAP Leader Robbie Katter and Michael Bolt, vice president of the Port Douglas Surf Life Saving Club were united in their call for immediate action on the growing crocodile menace.
“This is the tip of the iceberg of the unforeseen repercussions due to the expanding territories crocs are claiming which are impacting on North Queensland communities,’’ Robbie said.
“Less life savers patrolling beaches, tourism numbers dropping, loss of the Northern Queensland lifestyle and water sports operators suffering business downturns, all due to government inaction on removing crocodiles.
“It’s not rocket science.’’
Mr Bolt said a 20 per cent drop in Nipper members at the Port Douglas S.L.S.C also meant less parents were available to help patrol beaches.
“The same problems are being experienced at Port Douglas, Ellis Beach, Mission Beach and in Cairns. Parents are telling us that 100 per cent the reason they are not enrolling their kids in Nipper programs is due to fear of a crocodile attack.
“When we get to the stage there are not enough people to patrol the beaches the club will have to fold – that’s not good for community water safety.
“We have had to close Port Douglas Beach seven times in the past year due to crocodile sightings. The numbers seem to be increasing every year. Five years ago we didn’t have this problem at all.’’
Robbie Katter said commitment to the KAP’s croc solution would be a condition of support for either major party to form Government.
“This is a priority issue for all members of the KAP. We’re a regionally focused party and we’re sick of seeing our lifestyles and the safety of our people undermined by decisions made in Brisbane,” Robbie said.
KAP Member for Dalrymple and candidate for Hill Shane Knuth said the Safer Waterways Bill may set a new record for being the longest bill ever debated.
“We introduced this bill in parliament in May. I would have thought the government and the opposition would have wanted to get the bill through quickly so it’s benefits become tangible and people can be protected,’’ he said.
“Instead they used their numbers in parliament to ensure debate was put out until 2018.’’
KAP candidate for Cook Gordon Rasmussen said the people of Cook wanted actions, not counts.
“People need to come before crocodiles – whether they are lifesavers or the general public, their safety is not negotiable.’’
WHERE IS THURSTON?
KAP Federal Member for Kennedy Bob Katter is ‘not happy Jan’ about a US Rapper playing at the NRL North Queensland Cowboys v Melbourne Storm Grand Final in Sydney on Sunday.
US Rapper Macklemore is being flown over to Australia for the NRL Grand Final and has vowed to play a single ‘Same Love’, which supports Same Sex Marriage. It is reported the rapper’s sound check, is the reason that the North Queensland Cowboy’s are unable to do a training session at ANZ stadium and instead have been relegated to Kogarah oval.
“The NRL CEO obviously thinks promoting his associate’s sexual proclivities is appropriate for an NRL Grand Final. Outside of Christmas for the eastern half of Australia this is the most important event of the year and they have besmirched it,” Mr Katter said.
“It is unbelievable that the NRL are denying the Cowboys their familiarisation training use of the oval because this US rapper needs a sound check. This is the first time ever that I know of, that teams have been forbidden to use the ovals.
“Instead it has been made available to some American rapper, who no one has ever heard of, to promote his associate’s sexual proclivities.
“We have a plethora of talent in Australia – Jessica Mauboy, Delta Goodrem, Lee Kernighan – why do we need to bring over some US rapper?” Mr Katter questioned.
“I’ve used the term again and again, the NRL CEO has put sewerage seepage into the debutante ballroom”.
Bob Katter took part in a recent western shoot at the Mareeba SSAA range. He joked that this might be the best way to bring the banks into line. Bob says KAP is the only party in Queensland that wants to do away with firearms registration which has been a long-held policy. Bob spent some time shooting at the range with pistol, rifle and shotgun. His pistol ability did not go unnoticed by the club. They want him to come back for a day’s competition. The veteran politician warns that if the Labor Party gets re-elected in Queensland with a majority, the state’s 600,000 shooters will be faced with restrictions on ammunition sales and even tighter restrictions on gun ownership. He says the ALP and LNP simply hate guns.
KAP Federal Member for Kennedy Bob Katter on Thursday afternoon questioned the Minister representing the Attorney General on the eradication of Christian moral grounding in Primary Schools across Australia.
“Attorney General, secularist attacks upon Christianity inundate – Nativity scenes gone. Star removed from Christmas trees. Now QLD’s government eradicates Christian moral teachings from schoolyards.
“Can we be assured that the replacement won’t be humanism to quote Lenin, “Communism’s father and mother, Stalin Mao 72m dead or Charles Darwin Adolf Hitler’s master race 26m dead?
“And that education in Australia tells of Pax Romanus replacing Roman tyranny. Bishop Langston’s Magna Carta, the abolition of slavery, the collapse of communism and history’s 6 greatest scientists all this from the carpenter preacher from Nazareth?”
The question is in response to a report auditing religious instruction curriculum in public schools issued by the Queensland Department of Education and Training which noted that “students should not be encouraged to evangelise to other students at school” and referenced that schools should “take appropriate action” if a student is found to be doing so.
Mr Katter said Judeo-Christian was the motivating force of some of the most prominent names in our history books.
“Pasteur, Newton, Einstein, Galileo, Mandell and Faraday all practiced Judeo-Christianity and the three great men of European history: Alfred the Great, Constantine and Charlemagne were all fathers of European Christianity”.
Mr Katter said Christian churches were being ridiculed and he was sick of sitting back and copping it by the humanists and the Darwinians.
“Let’s face our enemy squarely; the humanists and the Darwinians.
“We will stand as Christians on our record. Islam from Arabia executed 23,000 Christians in Aleppo while the Turkish Islam came back a century later and murdered 33,000 Christians. Arguably, the only time the Middle East knew peace was under the Crusaders.
“We make no apologies. We serve notice that we will not continue to cop persecution until they annihilate us”.
By Robert J Lee in Canberra
The Liberal and Labor parties are terrified by the extent of the Muslim vote in Australia, particularly in NSW and Victoria.
The Pickering Post last year reported the Muslim bloc vote across both states could affect the outcome of a federal election.
Up to 15 per cent of the primary vote in 15 seats is controlled by the Muslim community and Defence Minister Christopher Pyne’s recent reaction, denigrating Pauline Hanson for her comments about stopping immigration from Muslim countries reveal how scared the Liberals are of offending Islam.
Independent Member for the Far Northern seat of Kennedy, Bob Katter has a bill prepared to do just what Hanson is frightening the Liberals and Labor about.
Katter’s bill is modelled on US President Donald Trump’s controversial anti-Muslim immigration bill that would stop residents of identified Islamic countries from entering Australia.
It will be tabled in the House of Representatives in May.
The Vaucluse vacuum, Prime Minister Malcolm Turnbull fares no better. His continued public support for Islamic citizens in Australia, more so those in Liberal-held electorates, demonstrates the extent of his fear.
Turnbull wants to continue with the importation of 12,000 ‘refugees’ from Islamic countries, in spite of 500 so far having been rejected on security grounds.
The religion of these ‘refugees’ remains largely unknown, a little bit like the section of the Australian Census form asking for religious status.
The Liberal Party seems oblivious to 80 per cent of Australians rejecting the UN-orchestrated immigration plan, to further inject a large number of Muslim ‘refugees’ into a once homogenous society.
Like a broken record Turnbull, at every opportunity claims Australia is the most successful ‘multicultural country in the world.’
This is correct in part thanks to the ‘White Australia’ policy that ensured the majority of immigrants from the 1950’s to the late 70’s originated from European countries.
Turnbull’s claim has not been relevant since the early 1980’s coincidental with the corrupt regime of the infamous Labor Prime Minister Bob Hawke, whom Australia has to thank for the ethnic ghettos of Sydney and Melbourne accompanied by rampant gangland crime.
To expect Muslims or any other person to truthfully reveal their religious ideology is a pipe dream of the Bureau of Statistics. It is easy to mark in ‘Christian’ without fear of checks or balances.
Thus the number of real Muslims living in Australia is anybody’s guess although the ABS claims there are roughly 500,000.
In 2014-15, of the total of 13,756 humanitarian migrants:
- 2,335 were from Iraq
- 2,232 were from Syria
- 1,813 were from Afghanistan and
- 331 were from Iran.
These four majority Muslim countries made up 48.8% of the humanitarian intake. (source Business Insider)
During the 2007-13 Rudd-Gillard-Rudd era of Prime Ministership an estimated 120,000, mainly Muslim refugee immigrants entered Australia by air. It is believed most of these immigrants remained in the country, in addition to the normal immigrant inflow.
Australia’s immigration policy does not discriminate on the grounds of ethnic origin or religion.
Perhaps we should ask the United Kingdom or France how many radical Muslims does it take to make a bomb or drive a car?
Pictures from Google images
LNP VOTE WITH LABOR TO KILL RURAL DEBT REFORM
State Member for Mount Isa Robbie Katter has slammed the LNP for supporting Labor to vote against a real solution to address rural debt.
In a parliamentary session that went into the early hours of Wednesday morning the KAP’s Rural and Regional Adjustment (Development Assistance) Amendment Bill was denied a vote in the House through the blocking of a motion put forward by Robbie Katter.
“The motion was put forward to enable the Parliament to adequately consider and vote on a solution that would’ve seen a new lending mechanism established to address the shortcomings in QRAA’s current activities”
“Each member of the crossbench voted to allow the motion to be heard but it was the major parties who didn’t allow it. It’s unbelievable that they would so blatantly work together to stifle a minor party Bill.”
“With so much public disappointment in partisan politics it’s ironic that the only thing the major parties can agree on is limiting consideration of minor party Bills”
Mr Katter highlighted the amount of consultation and analysis that went into the KAP’s Bill and expressed his disappointment at the behaviour of the major parties.
“The LNP not only supported Labor’s Bill over the KAP alternative, they actively worked to restrict debate and consideration of the KAP Bill”
“The LNP and Government used every excuse in the book to avoid undertaking a difficult reform. They even used banking regulations as an excuse. Do they forget where here to change laws and regulations? If I told my constituents that I wasn’t prepared to undertake legislative reform because of a regulation I wouldn’t deserve to represent them”
“For me, the genesis of this Bill was during the term of the Newman Government, which shows that this has taken years of stakeholder discussions, industry forums, community and local leader’s input,” Mr Katter said.
“Through the Rural Debt and Drought Taskforce that I chaired in this parliament it was clear that the debt problem is massive and that a significant response from the Government was required to address it”
“However what the Parliament has achieved is an ambulance at the bottom of the cliff. A farm debt mediation mechanism doesn’t solve the debt problem it just ensures that when the problem has finally caught up with a producer they can shut their business efficiently”
KAP’s legislation was designed to address not only the cattle industry, but also the viability of our rural towns.
“We need ways of stimulating the economies of the rural towns that rely on agriculture. Rather than using blunt funding programs to create short term employment, why not invest in reconstructing the core industry so longer term organic growth can be delivered”
Mr Katter expressed disappointment at the Government and Opposition’s “hands-off” approach to supporting a key Queensland industry.
“In 2015, I thought the Palaszczuk Government was serious about identifying solutions to address rural debt issues with the formation of a Rural Debt and Drought Taskforce. I was wrong. Just like the Opposition they prefer to leave it to the “market”. This approach has delivered a declining sugar industry, a decimated dairy industry and some of the most expensive gas and electricity in the world.”
“Government’s “intervene” in markets all the time. Between the Clean Energy Finance Corporation and the Australian Renewable Energy Agency there’s about $5 billion worth of low interest loans to help stimulate the industry. However when it comes to supporting agriculture, and particularly family enterprises, the Government doesn’t want to touch it”.
“The rural community right throughout the State should be angry that a significant proposal to benefit people doing it tough and earning a living in regional Queensland would be stymied and watered down by both major parties.”
KAP Federal Member for Kennedy, Bob Katter has called on Australians to contact their local politicians and give them ‘The Request’- to support the Banking Royal Commission/Commission of Inquiry.
A Newspoll released today shows that sitting member for Dawson, LNP George Christensen is neck to neck with One Nation, which places him on a suicide mission if he does not cross the floor to support Katters bill for a Royal Commission.
Although 68 per cent of voters in Dawson support the Royal Commission, they haven’t yet realised One Nation is now another branch of the Liberal Party and will not support the inquiry.
George would be best placed for his longevity in Parliament to support Katter and join his party.
PM Malcolm Turnbull and his Cabinet, including Barnaby Joyce have been instructed by the Australian Bankers Association new chairman, Anna Bligh (ex Qld ALP Premier), to prevent a Royal Commission from going ahead.
Bligh is simply reinforcing a long-held policy of the ABA and the Liberals.
Only the executive arm of Government can call for a Royal Commission, so a Commission of Inquiry is being pursued with all the powers of a Royal Commission, but it will report to the Parliament, instead of the executive arm of Government.
To become law the Commission of Inquiry will require two members of the Government in the lower house to cross the floor. The Federal Member for Dawson, George Christensen has publicly stated he will support a Commission of Inquiry – so one more Government MP’s vote is required for the bill to pass.
“So we just need one more. There is only one language politicians understand and that is ‘we are going to get you, we are going to get rid of you at the next election’,” Mr Katter said.
“We have had 100s of people from all over Australia ringing my office and demanding a Royal Commission into the banks – which we already support and we introduced Commission of Inquiry legislation last year.
“So from now on we are telling them to put ‘The Request’ to their local Federal Member of Parliament and get three people to do the same. Those three people are then asked to get another three people each, who then get another three people….and so it continues.
“I’m telling Australians to contact their local Federal Member of Parliament and say ‘are you voting to support this?’ If the Local Federal Member is not supporting the Royal Commission into the Banks then say, ‘we officially inform you that we are working to get rid of you at the next election’. It is not about saying we support someone else, it is just that we are getting rid of you.
“80% of the Australian people want a Royal Commission into the banks. It is a litmus test really on whether you are there to represent and protect the established order, or if you are there to represent the people. This could not be a more clear cut case.
“It is quite clear to me that George Christensen is a man of integrity and will cross the floor, as he has done before. He is a Lone Ranger. Not another soul from the ALP or LNP has crossed the floor in the last 20 years.
“Depending on definition there has been between 15 and 38 inquiries since 2010. But the savagery of a Royal Commission and its powers can’t be ignored. I never regretted the Royal Commission in QLD, even though it cost me and my Country Party greatly and many innocents were burned. Even though we never put the bad guys in gaol, we did remove their protection and destroyed the corruption. This is what a Royal Commission brings.
Australians can find out who their local Federal Member of Parliament is on the following website which has a search function to search by electorate, postcode or politicians name: http://www.aph.gov.au/Senators_and_Members/Members
The deadly mantra of free trade has threatened the existence of the $358 million Australian prawn industry after white spot disease contaminated prawn farms in the Logan River south of Brisbane.
Imported raw green prawns from Vietnam, Thailand and China where the highly contagious white spot virus is rampant, have wiped out southern farms, forcing the government to place a ban on imports of green prawns.
Infected prawns die quickly and all the Logan River farms have been destocked in the hope of decontaminating the river.
It is thought that green prawns used for fish bait, were the source of contamination.
Although the virus has no effect upon humans, it would have a serious economic impact on the seafood industry in southern Queensland.
North Queensland farms have not yet contracted the virus and Agriculture Minister Barnaby Joyce says the priority was to protect the northern industry which catches 20,000 tonnes of wild prawns and farms another 5200 tonnes worth $86 m annually.
Chinese prawn importer, Sino, had its import licence revoked on Friday and will face serious criminal charges for breaching Australian quarantine laws.
Sino and four other companies allegedly were caught providing samples of non-infected green prawns for biosecurity testing by the Federal Agriculture department when their imported consignments were known to be infected.
Four more foreign importers are in the government sights allegedly for deliberately breaching biosecurity rules.
Other imported products such as cooked, marinated or crumbed prawns do not carry the virus.
Federal Member for Kennedy, Bob Katter whose electorate has a prawn farm, warned the Federal Government not to allow imports from white spot infected countries.
“All other ‘smart’ countries won’t import seafood from a country that has white spot, Mr Katter remarked.
“But we have some of the lowest quarantine protections in the world.
“Quite frankly I can’t think of anything that has been stopped from coming in.
“Out of probably 100 horticultural applications, all have been agreed too, similarly with seafood.
“Australia has for some time been a net importer of seafood. We pleaded with the authorities to refuse the application to bring in imported prawns. They brought in prawns. Now we have white spot.”
The grocery duopoly, Woolworths and Coles, being the largest retailers of imported prawns, have found themselves smack in the middle of the industry crisis, that Logan River farmers say will eventually kill off all farmed prawns.
The duopoly, best known for not supporting local farmers, enforcing low farm-gate prices and dodgy supply contracts has remained quiet, but should take the blame for the impending destruction of the local prawn industry square on the nose.
The Liberal, National and Labor free trade policies have produced the toxic fruit of Australian primary industries.
Fortunately American President-elect Donald Trump has sounded the death knell for free trade but it will be too late for Australia.
A Royal Commission to investigate banks took a step closer after two senators and two Lower House members vowed they would push the Coalition Government into establishing an inquiry as soon as possible.
Bob Katter, One Nation senators Rod Culleton and Malcolm Roberts and the ALP member for Herbert, Cathy O’Toole at a Townsville meeting on Saturday condemned current banking practices.
They agreed that for Australia to survive record bank foreclosures and business failures, the banks had to operate within the law.
Speakers believed the Coalition Government would not take any action to rein in “unlawful” banking practices which had caused multiple suicides, family break-ups and business failures around the nation.
Western Australia One Nation senator Rod Culleton slammed the record number of foreclosures describing how he too had been a victim of “dodgy” banks.
“Banks operate like organised crime,” Senator Culleton said.
“I’ve had a litany of evidence come into my office of receivers sinking the boot into their customers.
“That’s what they think about the lamb chop on their plate; enough is enough.
“The banks seem to think they are above the law because they’re unregulated, we’re going to change that.” He said if banks did not support their customers through thick and thin, he’d support the creation of a sovereign rural bank to assist farmers.
“We’re here to correct things and we’re in support of a sovereign rural bank where the beneficiaries are the people who bank with it,” he said.
“It’s important the public realise if we lose our agriculture and our rural people we will be in strife and we will lose the quality of our food.”
Member for Kennedy Bob Katter told the crowd of 50 farmers, small businessmen and home owners the banks own the Australian Government.
“Banks have the only government guaranteed business in Australia,” Mr Katter said.
“We only need one vote to get the royal commission but in 16 years no member has ever crossed the floor in Federal Parliament when it comes to banks.”
“My office has details of nearly 100 cases of banking malpractice that has ruined businesses and families.”
Supporting the One Nation senators and Mr Katter was Member for Herbert Cathy O’Toole saying she too had banking industry misbehaviour in her sights.
“We need Australians to believe they can have confidence in the banks and financial institutions that serve us,” she said.
“And we aren’t even measuring the holistic cost to the people affected in our communities.
“The first place you’d want to have a look at the additional costs is in healthcare, people’s physical, mental and emotional health has been destroyed; families have been destroyed and suicides are occurring.
“All these things have a huge impact on the social structure of community in addition to the financial impact.”
Burdekin-district sugar industry advocate Margaret Menzell agreed a royal commission was needed but warned the meeting the Australian Banking Association was gearing up for a massive publicity blitz to ward off the establishment of an inquiry.
Nine resolutions were passed by the meeting calling for the establishment of a royal commission, abolition of the arbitrary appointment of receivers by anyone, condemning the actions of government in allowing banks to act with impunity, creation of a development bank for primary and secondary industries and infrastructure, the role of police is to protect the public and then property and forbid the use of police to reinforce property repossessions, restore a grand jury system to deter corporations from engaging in unconscionable and unlawful conduct and restore compliance with Chapter 3 of the Commonwealth Constitution, property to be found disposed of unethically must be restored, the terms of reference include an investigation of the creation of credit by trading banks, a moratorium be immediately imposed on forced property sales.
All resolutions passed unanimously.