Greens Senator Dismisses Savings At Risk

Greens Senator Dismisses Savings At Risk
The Senator and the Greens got this one 100% wrong! Trust the government? George Carlin is rolling in his grave!
From the CEC:
Greens finance spokesman shows his banker colours
The CEC’s fight against bail-in continues to get attention, such as in this good article in Byron Bay’s independent newspaper, the Echo Net Daily. In it Greens Senator Peter Whish-Wilson is rudely dismissive of the CEC’s concerns, as if they are illegitimate because we are a political party. Yet his only counter to what we say about the broad language of the law is we need to “trust” APRA.
Whish-Wilson is a fraud: the week he helped to rush the law through the Senate, he refused to meet with former APRA principal researcher Dr Wilson Sy, who would have told him, from firsthand experience, why he shouldn’t trust APRA. The Greens’ banker-senator didn’t have to believe Dr Sy, but he should have heard what he had to say. Instead, he refused.
At the end of the day, Whish-Wilson sided with his fellow bankers in the Liberal Party and the banks’ accomplices in APRA to wave through sweeping powers for APRA to prop up the gambling debts of banks with the savings of Australians. This definitely includes the savings unsuspecting mums and dads have invested in so-called hybrid securities, and possibly the savings in normal deposit accounts, because they rushed the law through before One Nation senators could move their amendment to explicitly exclude deposits from the law.

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