As we here at barnabyisright.com were first to document, Australia too has included plans to steal depositor’s money to “bail-in” the banks, in the 2013-14 Budget:
Australia Plans Cyprus-Style “Bail-in” Of Banks In 2013-14 Budget
Australian Banks “Welcome” Cyprus-Style Bail-In Plan
Australian Banks Demand Protection From Derivatives Losses Under Bail-In Plan
G20 Governments ALL Agreed To Cyprus-Style Theft Of Bank Deposits … In 2010
Barnaby Is Right 
I’ve got no savings so doesn’t apply.
Blessed are the poor … ? 😉
Really, then why am I on anti-depression medication. LOL, Don’t forget to vote on Saturday, as if you would.
Voting? A truly sickening thought, given what’s on offer.
What if banks close their doors, how do banknotes match up with promissory notes?
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When a “borrower” deposits a promissory note with a bank based on their produced current wealth or assumed to be produced future wealth, the bank records that promissory note as an asset and a new bank liability with the same economics as if one deposted ‘money’. In exchange for the promissory note the bank hands the borrower ‘money’ which carries no promise and no productive wealth backing it – and charges interest not issued into circulation.
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Two loans are exchanged – the bank gets your promissory note for free and on sells it. And if and when the loan is repayed the bank keeps your promissory note. Fraud and theft come to mind which makes the following quote apt –
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From The General Epistle of Barnabus Ch.9,
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Barnabus chapter 9 “………wherefore it is not the command of God that they should not eat these things; but Moses in the Spirit spake unto them, …….neither says he, shalt thou eat the eagle, nor the hawk, nor the kite, nor the crow; that is thou shalt not keep company with such kind of men as know not how by their labour and sweat to get themselves food; but injuriously ravish away the things of others; and watch how to lay snares for them; when at the same time they appear to live in perfect innocence………so these birds alone seek not food for themselves, but sitting idle seek how they may eat of the flesh others have provided; being destructive through their wickedness……..”
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And this quote –
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“The Fulfillment of the Prophecies [1923] –
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19. The British Empire, so far as concerns its own coin (which the Jews control) is bankrupt. But its real wealth is greater than ever. Its spirit, its courage, its ancient literature, before Jewry touch it with
polluting fingers, its enterprise, its deep down desire to fulfill its mission in the world, this is England’s real wealth, and this wealth Jewry hopes to annihilate by means of Revolution and by planting England’s
crown family on Shylock’s head.
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England’s hour has not struck yet. May the sleeping giant awake in time to burst the paper bonds which England’s indolence and England’s generosity have combined to suffer Shylock to wind round England’s
limbs!
I hope banks close their doors Kev. Does this mean I do not have to repay my mortgage?
“Does this mean I do not have to repay my mortgage?”
Surely you jest! 😉 … er, make that ;(
See if you can get your head around this – Mick
http://timothymccandless.wordpress.com/2013/09/05/wont-take-the-money-insist-on-foreclosure-even-when-payment-in-full-is-tendered/
I contacted the local (Labor) member and was referred on. No answer yet.
http://dagonswift.wordpress.com/2013/08/09/sovereignty-if-not-for-individual-and-country-then-not-at-all/