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BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.


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BFCSA: Australian Banks pick up $1.4 billion a year in Credit Card Secret fees. White Collar Crime by Bankers must stop Mr PM

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No-one should be trusting banks or their lawyers these days.  TRUST is gone and so is CONFIDENCE.  Here is the PM peddling along with the wonders of de-regulation, where its painfully obvious he should be talking up RE-REGULATION.

It will come to RE-REGULATION PM Abbott.  Trust me - better than trusting the banks.  You cannot trust men (and lady) with money to make best decisions for the people of this nation.  Remember the Great Depression?  So many homeless, no jobs.

Forget War Talk - we need you as PM to concentrate on back home here!!!!  

WHITE COLLAR CRIME IS A KILLER......stress and depression is a killer.

You need to have a bo-peep into what the banks are doing.  Joe Hockey hasn't a clue.  $1.6 Trillion in mortgages (43% toxic) and you cannot trust APRA figures because as APRA bods told me: "we get our figures and stats from the Banks."  Me: "oh so who checks all this....?  APRA:  "not us.......its all audited."  Me: By whom and where is the oversight....?  You get the drift.  Banks police themselves, banks audit themselves have friendly lawyers who are noway independent or arms length and more like monstrous Al Capones!

The banks stitched up the sellers of products and they are now needing help.  Who is looking after all these victims of banks?  Ah well, we do our best.

You will have to make an announcement soon as to RE-REGULATION.  Taxpayers cannot keep directly or indirectly bailing out these banks. YOU SIR, need to URGENTLY bring back laws akin to GLASS STEAGALL.

We need Senators Glass and Senator Steagall to rise from the dead immediately and sort this out  and have a keen word with you as PM.

Please release Policy this week that says ROYAL COMMISSION into the BANKING AND FINANCE SYSTEM within 4 weeks.

I shake my head thinking what part of the word URGENT does the PM not understand?  Meanwhile he is happy to set up war games.............?  Sending more young men off to war, whilst we permit the free-for-all Bankers on $7 million a year and $50 million exit bonus and $1 million per year income from shares from the life of the bank they have ruined and on the financial ruination of well being for 200,000 and more families.

How can we afford weapons when we are being set upon by Bankers?

Round up the known terrorists, deport them or life imprison if born here and get back to the business of running onto the banks before depositors wake up to the internal criminal activity and do a run on the banks.  CEO's are not looking after customers, shareholders or their own agents (clawbacks in full swing).  Sellers, Planners, ex employee whistle blowers are now demanding a ROYAL COMMISSION into the BANKS and we know why!

CEO's should be pooling all their exit bonuses and have all salaries clawed back and hand over to TRUST (people's choice not banker mates) ready for massive compensation claims - CIVIL and CRIMINAL.

$30 BILLION PROFIT from our four major banks and no-one sees fit to question this?  We are too scared?   A Giant PONZI?  My peers see what I see, so why has our Federal Parliament developed blindness to this issue on the cusp of our own GFC?  The Ponzi is all connected to the property market, development, construction.....snaring RETIREE LIFE SAVINGS via BANK Planners and snaring PENSIONERS and Low income families via BANK managers and agent sellers.  banking in Australia is likened to a rigged horse race operated by a frighteningly powerful CARTEL formed whilst our Politicians were snoozing.  Its all a CARTEL led CONTROL FRAUD...............................................

Go to war? On whose money?????????????????

There will be a ripple down effect of this catastrophe Tony...........BANK ON IT.  Yet not one blip re Banking Behavior, and criminal behaviour from the CONTROL FRAUDS within the banking system.

Read BUBBLE ECONOMICS and you may learn a thing or two, then read William K Black's books..................Best way to Rob a Bank is to own one!

Its no good pretending to be a PM.  You have plenty of time to read flying around on the Fed PM Jet.  People back home need you to reign in these banks as so many vulnerable yet decent ordinary citizens face homelessness and people like SPENCER will all be turfed out onto the streets and then we will have to set up a TENT CITY on the lawns of APH in Canberra.

Remember my 2012 words in Parliament (maybe not on your reading list but) "What do we do with 400 fraudulent Loan Application we wait until 100,000 people are outside Parliament?  We now have 1500 and rising daily......................this is mainstream stuff and ought to be on at least your MINDER's objective.  Glory Be....we must have Hewey and Dewey running the nation.

Where is the Opposition in all of this?  A few Questions in parliament would be good chaps..............................I can supply the Questions.  Do not ask ASIC or APRA, they still lunch with the CEO's.  I have done this all before and am a little weary.

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Guest Friday, 28 February 2020