Wednesday, February 21, 2018
New law so banks can steal your savings?
In Australia a new law has been put in place, a 'bail-in' law supportive of the banking businesses.
Some people may say that it has been 'snuck' through, while the peasants were distracted.
Some even say that this law will allow the banks to take 'your' cash, in plain and simple terms steal it.
Should you be interested in this topic, your own research and correct comprehension of the law is of paramount importance to the matter.
On the 14th day of February, you know, Valentines Day, the Senate passed the Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Bill 2017.
Should you chose not to write a my will letter to your local federal MP, on this matter the people in government acknowledge, that your silence is acquiescence, where you are content with the actions of the people who apparently re-present you.
How many people have the capacity to pick this law apart to see whether it is in circulation lawfully?