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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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Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

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Subscribe to this list via RSS Blog posts tagged in debt crisis

Posted by on in Bank Bandits
  Another round of Banks vs Governments? Macrobusiness: http://www.macrobusiness.com.au/2012/10/is-debt-free-money-an-option/
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Tagged in: debt crisis money
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  • doyla66
    doyla66 says #
    Thanks Lisa If I had the time and inclination I would love to do a detailed reply to the article. I will go and have another look
  • doyla66
    doyla66 says #
    You know so much about this area, Geoff. When you have time post on this it would be great. Then we can circulate this information
  • doyla66
    doyla66 says #
    Thankyou, Geoff. It's good to read your feedback/analysis on this article. Community Exchange Systems - great! Alternative curren
  • doyla66
    doyla66 says #
    Hello Lisa. I have taken the liberty of reproducing the article below as there are several points that I would like to make. 1)Deb
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  By Caroline Dann | 12/10/2012 6:30:00 AM | In an unprecedented move, the Irish government will pass laws encouraging banks to substantially cut homeowners' debts. The move, aimed to reduce foreclosures and help thousands who are struggling, is being closely watched by the US to see if it is a viable preventative to a housing crash. Critics argue unscrupulous borrowers will simply take advantage of the bailout and stop making payments altogether. Before we get too excited, the government is merely making a suggestion: paying off or substantially reducing the debt will not be 'enforced' according to Ireland's justice minister Alan Shatter. Too bad.   ...
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  • doyla66
    doyla66 says #
    I agree, Arree. With the Aussie Dollar over priced and interest rates falling Steve Keen's Jubilee is timely. His ideas would pr
  • doyla66
    doyla66 says #
    As i have commented here before.. try Professor Steve Keen's idea for a Modern debt jubilee Personally I too am inspired by his v
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Posted by on in From My Window
14 September 2012 Last updated at 10:21 GMTHelp Just four years after Iceland's major banks collapsed and the currency plunged in value, the nation is now being praised by the IMF. The country has seen a return to strong growth and has spared its citizens many of the austerity measures felt elsewhere in Europe. Paul Henley reports. Video: http://www.bbc.co.uk/news/business-19599449 (Note: it may take a few goes to get the video to play) ...
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  29 Jun 2012 - Good reading and video at: http://barnabyisright.com/2011/06/29/rba-says-our-banks-are-stuffed-in-other-words/#comments   Yesterday, RBA Assistant Governor Guy Debelle indulged in some MOPE.   Management Of Perceptions Economics.   Lies, deceit, and propaganda, in other words.   But for those with an ear to hear, and an inclination to check the “authorities’” claims, what he really did – unintentionally – was to give us a heads up.   That our Too Big To Fail banks (TBTF) are going to get bailed out, sooner rather than later.   Go grab a modest quantity of your favourite beverage, and settle in.  You are about to learn – in detail – why we cannot trust a word the banksters say.   Ready?   Now as expected, the mainstream press all lazily parrotted the “everything’s fine, move along, nothing to see here” headline that Mr Debelle wanted. Here’s a good example, from the nations’ “premier” newspaper:...
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  • doyla66
    doyla66 says #
    "why is the Australian taxpayer on the hook to backstop the banks?.." Why not change this scenario around in favour of the tax p
  • doyla66
    doyla66 says #
    Lisa, 'you're a woman after my own heart', but would you be employable to the press? Hmm, let me think......computer says, "no" r
  • doyla66
    doyla66 says #
    A big read Lisa. Keep them coming.
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http://www.youtube.com/watch?v=DyaitC91hEM&feature=youtu.be&a    
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