KPMG wants to jail Australians who use cash—supposedly to combat the ‘black economy’—but the disreputable global accounting giant dominates the board of money-laundering machine Westpac.
Member for Kennedy Bob Katter has introduced an urgent bill into the Australian parliament directing the Commonwealth Auditor-General to conduct a thorough audit of the risks building up in the banking system.
The following release is an article by Robert Barwick in the 29 May 2019 Australian Alert Service, the weekly magazine of the Citizens Electoral Council.
More evidence has emerged that the APRA bail-in law passed in February does not exclude ordinary deposits from being converted into worthless shares or written off to prop up failing banks, a.k.a. bailed in, as some politicians assumed.
The urgency of a Glass-Steagall separation of deposit-taking banks from dangerous speculation, is that it is necessary to protect Australians from a financial collapse.
The admission by the UK’s chemical weapons lab that it can’t verify the source of the alleged nerve agent blamed for poisoning Sergei and Yulia Skripal means that the Australian government expelled Russian diplomats on false information.
