Category: Wealth Tips

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Frydenberg and Hume—the Deutsche Bank dunces in charge of your financial security

As the Citizens Electoral Council has exposed, the Australian government’s extensive police-state powers, which last week were used to raid journalists, are intended not to protect people from terrorism, but to protect the establishment from the people. This is especially true in times when worsening economic conditions drive an anti-establishment backlash.

The reason there is a danger of an anti-establishment backlash is that the ever-arrogant establishment always rigs the system in its favour. In times of economic crisis, the public wises up to this fact. For an example in Australia, look no further than the government ministers in charge of the financial system, Treasurer Josh Frydenberg and Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume, both ex-Deutsche Bank executives.

Australia’s bankers have just come through one of the most damaging episodes in their history. The Hayne royal commission exposed the banks as vast criminal enterprises, just like the banks in Wall Street and the City of London etc., except until the royal commission Australia’s banks were supposed to have been the best in the world. The Rudd-Gillard-Rudd-Abbott-Turnbull governments had always said they were the best, and for years denied there was any need for an inquiry. When growing public unrest forced an inquiry, their denials were exposed as lies, and for once, the banks faced real justice. Read the rest of the article here:

https://cecaust.com.au/media-releases/frydenberg-and-hume-deutsche-bank-dunces-charge-your-financial-security

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Major parties resort to extreme measures to protect banks

(This is (one of many reasons) why we want the major parties out on their ears!)

On 8 May the Senate Economics Legislation Committee released the report of its inquiry into the Banking System Reform (Separation of Banks) Bill 2019, opposing the policy. On 12 May Prime Minister Scott Morrison announced a scheme for first home buyers to purchase a house with only a five per cent deposit. The Labor Party supported the government on both issues. By these actions, as opposed to their rhetoric, the major parties have confirmed that 1) the economy is heading for disaster; and 2) they remain captive to the banks and will therefore sacrifice the livelihoods of the Australian people and economy to protect the banks and prop them up.

https://cecaust.com.au/media-releases/major-parties-resort-extreme-measures-protect-banks