BoE Says G20 Nations To Enact Bank Deposits Theft Within 12 Months

1 Nov
"The UK at the heart of a renewed globalisation" - Bank of England, 24 October 2013, speech by Governor Mark Carney

“The UK at the heart of a renewed globalisation” – Bank of England, 24 October 2013, speech by Governor Mark Carney

In a speech given in London on 24th October, former Goldman Sachs alumnus, now Governor of the Bank of England and chairman of the internationalist Financial Stability Board, Mark Carney, announced the target date for completion of the new global bank “bail-in” regime (‘The UK at the heart of a renewed globalisation,’ page 5, pdf here):

Systemic resilience depends on being able to resolve failing banks in a way that does not threaten the entire system…

To avoid these risks, we need to make the resolution of global banks a real option…

At the St Petersburg summit in September, G20 leaders mandated the FSB to develop these proposals. The Bank of England is now working intensively with other authorities and the financial industry. Our aim is to complete the job by the next G20 Summit in Brisbane.

The G20 summit in Brisbane is on 15-16 November, 2014.

The terms “resolution”, “resolve”, and “resolving” will be quite familiar to regular readers.

Here at barnabyisright.com, for many months now we have (exclusively?) analysed, and publicised, the secretive international banker plan to “resolve” (ie, “bail-in”, a la Cyprus) insolvent banks across the globe — including Australia. Unsurprisingly, no one in the mainstream media has yet touched the subject.

For those interested to learn more:

G20 Governments ALL Agreed To Cyprus-Style Theft Of Bank Deposits … In 2010

Australia Plans Cyprus-Style “Bail-In” Of Banks In 2013-14 Budget

Australian Banks “Welcome” Cyprus-Style Bail-In Plan

IMF Tells Australian Lawmakers To “Prevent Premature Disclosure Of Sensitive Information” On Bank Bail-Ins

Australian Banks Demand Protection From Derivatives Losses Under Bail-In Plan

Crisis Management: APRA To Be Given Power To “Direct” Your Super

New Zealand Banks “Pre-positioning For Cyprus-Style Bail-In

Canada Plans Cyprus-Style “Bail-In” Using Depositors Money

Timeline For “Bail-In” Of G20 Banking System

IMF Calls For 10% “Tax” On All EU Households With “Positive Wealth”

UPDATE:

My fail. Comprehension fail. I read it wrong.

It appears that the “job” freshly mandated by the G20, the one Carney aims to see completed by the G20 Summit in November 2014, is not the enacting of legislation enabling bank bail-ins. Rather, it is for the FSB “to assess and develop proposals by end-2014 on the adequacy of global systemically important institutions’ loss absorbing capacity when they fail”:

Screen shot 2013-11-02 at 7.51.18 AM

Nonetheless, the FSB’s Narrative Progress Report on Financial Reforms to the St Petersburg G20 Summit makes clear (page 4-5) that “legislative reforms to implement the Key Attributes of Effective Resolution Regimes [TBI: which includes the plan for depositor bail-ins] are necessary… further actions are needed to give authorities additional resolution powers and … We therefore urge that all G20 countries change legislation as needed to meet the Key Attributes by end-2015” …

Screen shot 2013-11-02 at 8.00.51 AM

And the St Petersburg G20 Summit Leaders Declaration (page 17) makes clear that our political leaders continue to write completely blank cheques to the private banking industry — using bank depositors’ accounts — by happily going along with every single thing they are told to do by the ex-Goldman Sachs alumni-chaired FSB:

“We renew our commitment to make any necessary reforms to implement the FSB’s Key Attributes of Effective Resolution Regimes for all parts of the financial sector that could cause systemic problems.”

Screen shot 2013-11-02 at 7.44.20 AM

We will be watching the new laws submitted to Parliament by the Abbott government very closely in coming months. Especially given the banksters’ man, Joe Hockey, is Treasurer, and couldn’t wait to get over to Wall Street to receive his instructions immediately after the election.

25 Responses to “BoE Says G20 Nations To Enact Bank Deposits Theft Within 12 Months”

  1. Kevin Moore November 2, 2013 at 9:05 am #

    “The Savings and Loans Crisis”
    .
    http://useconomy.about.com/od/grossdomesticproduct/p/89_Bank_Crisis.htm
    .

    Was this a trial run?
    .
    “……..The Savings and Loans Crisis created the greatest banking collapse since the Great Depression of 1929. By 1989, over half the Savings and Loans had failed, along with the FSLIC fund that was created to insure their deposits.
    .
    Empire Savings in Texas revealed land flips and other criminal activities. Half of the failed S&Ls were from Texas, pushing that state into recession. As bad land investments were auctioned off, real estate prices collapsed, office vacancy rose to 30%, and crude oil prices fell 50%……………
    .
    ………..Ohio and State S&L failures cost the state-run deposit insurance funds at least $185 million, thus destroying the idea of state-run insurance funds. The FSLIC was bankrupted, to the cost of $20 billion.”
    .

    How Much Did the Savings and Loans Crisis Cost?:
    .
    Between 1986-1995, over 1,000 banks with total assets of over $500 billion failed. By 1999, the Crisis cost $153 billion, with taxpayers footing the bill for $124 billion, and the S&L industry paying the rest.
    .

    Click to access 10-Questions-Explained.pdf

    .
    http://www.newera.org.za/new-freedom-movement-rocks-the-world/

  2. dusty track November 2, 2013 at 9:21 am #

    Security Services Job? Two GD murdered at point blank range…Minister Mitsotakis calls for Martial Law

    http://imfoccupationgreece.blogspot.co.uk/2013/11/security-services-job-two-gd-murdered.html

  3. Kevin Moore November 3, 2013 at 11:02 am #

    http://www.veteranstoday.com/2013/11/01/america-a-nation-of-fools/
    .
    by Sami Jamil Jadallah
    .

    Wall Street fines and legal fees tax deductible –
    .
    “……..Do not wonder why none of the key executives of Wall Street who through criminal schemes, ruined the lives of tens of millions of people, stole their pension funds and 401-K and who looted our tax dollars did not go to jail. Ah, of course JP Morgan can afford to settle a civil suite for $13 Billions with the government and can settle another $ 6 Billions with other private financial institutions, with Bank of America paying a fine of $8.5 billions.
    .
    And of course why not since the fines are tax deductible, even the legal fees (financial institutions paid over $100 billions since the financial crisis). We want blood and we want these SOB’s to go to jail, not the five star correctional facilities, but hard-core jails so they can count the number of lives they’ve ruined. I do not understand why Congress does not legislate that civil penalties arising out of wrong doing do not qualify for tax deduction. Let the shareholders pay the price of keeping these incompetent crooks in place.
    .
    Of course when you listen to these bankers, they tell you that it is the poor people who simply failed to pay their mortgages that caused the financial collapse, but they do not say they were the ones who qualified these poor people who can ill afford a $300,000 loan on a salary of $ 35,000. Of course the mortgage companies and the bankers made their commissions and they were able to sell “financial instruments” that were nothing but crap, worthless crap (not the creative financial instruments of Alan Greenspan), to Fannie Mae and Freddie Mac executives who saddled the two companies with $187 billions of “ mistakes”. Wouldn’t we all like to make those kind of mistakes and take home some $15 millions in annual salaries and bonuses?……..”

  4. BrianM November 3, 2013 at 5:22 pm #

    Market leading is the new mechanism to effect social change- Barnaby has spoken of it many times. Don’t think sales of Australian freehold land isn’t part of the agenda. Food security is a vital cog in the world government play book. Holding back bonds, over egging market sentiment, secret bailout…they are a part we can more easily distinguish, but the establishment of a centralized land bank in Zurich or Shanghai? With powers that are intra state?

    Similarly, the emerging Halal meat futures market in the a Gulf states is a sign the debt-masters are serious about controlling food production.

    Time to take our head out of the sand…

  5. Ross Johnson November 3, 2013 at 8:35 pm #

    http://www.youtube.com/watch?v=sGB4RSVzHZA Karen Hudes is an ex senior World Bank Executive and now whistle blower. This is an interesting insight into the power plays that are currently happening.

    Karen says that the Vatican is the power behind the banking cabal. It seems that Obama is pushing for martial law by cutting food stamps. The USA has now internal conflicting forces. Obama is doing much of the bidding of the banksters but does not want WW3.The bankers wanted to attack Syria but Obama refused.

    According to Karen, it is the Vatican who control the bankers, have now cut a deal with China,who want to see the economic demise of the West. Israel may become irrelevant. The Pentagon White hats on the other hand seem resolved to end the US Federal Reserve and return the USA to democracy. Obama via Homeland Security has amassed an enormous domestic army and dismissed 297 senior Military in the last few years.

    A few months ago Julie Bishop was demonising China and now Abbott goes there singing their praises. Obama did not attend this meeting.

    So if anyone here can elaborate on this change in power plays, I’d be very interested.

  6. Kevin Moore November 4, 2013 at 2:42 pm #

    The Banks are already stealing deposits in the form of promissory notes.
    .
    Show Me The Loan!
    .
    “When a bank makes a loan they must follow Generally Accepted Accounting Principles (GAAP). Title 12 of the United States Code, § 1831n (a) requires all Federally-insured (FDIC) banks to follow GAAP. GAAP requires the use of double entry bookkeeping journal entries. Double entry bookkeeping journal entries work like this. When a bank accepts cash, checks, negotiable instruments, promissory notes, or any other similar instruments from a customer and deposits or records the instruments as an asset, they must record an offsetting liability that matches the asset they accepted from the customer. The liability shows they owe the customer the money they accepted from the customer.”
    .

    Click to access show_me_the_loan2.pdf

    .
    http://freedomclubusa.com/gaap_principles

  7. Doogsie November 4, 2013 at 4:19 pm #

    This is bullshit. These banks are private companies, how and who has allowed them to dictate financial policy and give them the right to steal funds because of their poor financial management. No other private company listed on the ASX has the authority to steal from its shareholders accounts to cover their bad bets. This must be stopped in its tracks and these bastards must fail if they can’t pay their badly chosen derivative bets. No private company should have lawfull authority to steal or demand money from private accounts, and any immoral unethical corrupt government that allows this must be held to account by its citizens. If our banks are a part of this scam, this means they are not providing full disclosure to its shareholders and customers with regards to their true financial position and over exposed risks to derivatives. The IMF are interfering with our sovereignty. This criminal cabal needs to be run out of town and closed out of the business for good. No western governments citizens should tolerate this corrupt government and banking system any longer. When they try this shit on us, its time to take them down and start investigating and prosecuting those involved in this scam and non disclosure regarding the true nature of the financial system.

  8. Kevin Moore November 6, 2013 at 4:59 am #

    O.T. B.I. Just thought it may interest

    Los Angeles Airport Shooting Hoax

    http://hollywood911.net/

  9. Kevin Moore November 6, 2013 at 6:34 pm #

    Some may find this information to be useful –
    .

    Click to access Open%20letter%20accounting%20perversion.pdf

    .
    “…Banks do not have pre-existing funds in the form of legal tender to lend, except in miniscule amounts relative to the size of their loan portfolios.1 In other words, banks create demand deposits out of nothing, and it therefore remains a nothing. The malpractice continues because public accountants as auditors sanctify the aforementioned practice by “certifying” the banks’ financial statements, provoking credit expansion, moral hazard, asset bubbles, liquidity-stressed financial markets, bank runs, and eventually global financial crises……”
    .
    http://www.usa-the-republic.com/banks/The_Great_Banking_Deception.htm
    .

    Click to access Securitization-101.pdf

    .
    “………Recoupment – (1) The recovery or regaining of expenses Applying the setoff so you can get back what you gave and what you are entitled to. (2) The withholding for the equitable part or all of something that is due. This is all equitable action in admiralty style instruments.
    .
    Blacks Law Dictionary:
    .
    IOU – a memorandum acknowledging a debt. See also a due bill.
    .
    DUE BILL – See IOU
    .
    SIGHT DRAFT – A draft that is due on the bearers demand; or on proper presentment to the drawer. Also termed a demand draft. A draft is an unconditional order signed by one person, the drawer directing another person, the drawee, to pay a certain sum of money on demand or at a definite time to a person, the payee, or to bearer.
    .
    This is colorable. Who is holding the debt? A due bill is like a sight draft. They are not saying from which perspective it is a debt, from theirs or yours. The party receiving the IOU is the debtor, because the IOU is an asset. It is an instrument, and you are the originator. You have …………”
    .
    http://www.nrgnair.com/MPT/zdi_tech/ucc/credit.card.truths.htm
    .
    BRIEF EXPLANATION OF THE “CREDIT CARD” SYSTEM AT WORK
    THAT HAS VICTIMIZED YOU THROUGH YOUR OWN IGNORANCE

    Upon “approval, banks accept your signed “credit card” agreement as a promissory note and deposits your note as an asset.

    That note is then “monetized,” and “deposit multiplied” by a factor of 10. For example, a $1,000 credit limit, agreement/promissory note is monetized to $10,000.00. $1,000.00 is credited to the “credit card” company’s bank account. And the rest, $9,000.00, is gravy. (Did you get a kiss? A thank-you? $100.00 on the dresser?)

    The banks use the attributes of the Federal Reserve “deposit multiplier,” to enrich themselves by a factor of 9 times the amount of the “deposit.” ($9,000.00 in the example above). (This “multiplier” factor can go as high as 23 times the deposit amount).

    And now, it gets even better for the banks, because every time you use their “credit card” and sign a purchase transaction “receipt” slip, as authorized agent for the bank, you create another promissory note, which the merchant deposits into his account as cash. Then, the banks once again, use the “deposit multiplier” money manufacturing scam to enrich themselves by a factor of approximately 9 times the amount of the new deposit; the face value amount of your “credit card” purchase transaction.

    The Merchant’s bank deposits all of the signed “credit card” slips and uses the “deposit multiplier” money manufacturing scam to enrich themselves by a factor of approximately 9 times the amount of the deposit. And on, and on, and on.

    How many times does this happen? How many times have you and many others used a credit card?

    The criminal banks could not enrich themselves without YOU signing the notes, in ignorance, playing their fools’ game.

    And not only that, in the example above, it is a fact that the credit card company gained a full $1,000 from the original agreement that was signed by YOU.

    Even if you never use the credit card, the “credit card” company has received unjust enrichment of $1000 + $9000 (deposit multiplier) on the operation of the scam based upon your participation, by your signature on the promissory note or credit card agreement.

    The credit card company is paid in full by the value of YOUR signature on all those promissory notes YOU generate. The credit card company is never at any risk and never loses a penny even if YOU never pay.

    YOU were robbed. Non-disclosure of the facts is fraud!
    .
    http://www.legalcontracts.com/contracts/loan-agreement-forms/?ad=promissory-note-forms_related

  10. Kevin Moore November 7, 2013 at 4:24 am #

    http://www.ubuntuparty.org.za/2013/11/scott-cundill-responds-to-financial.html
    .
    Scott Cundill Responds to A Financial Journalist
    .
    Scott Cundill from New Economic Rights Alliance in South Africa, was asked a question by a keen journalist today from a major mainstream newspaper. This is a great example how even the economic journalists, who are supposed to know how banking works, have been mislead and confused by the biggest global scam in human history – and the largest organised crime syndicate ever unleashed on humanity – banking and the creation of private money.
    .

    Question: As far as I know, the credit that banks grant consumers, is derived or “created” from the purchase of long and short term bonds, which are promises by governments to repay loans from the market over a period of time. Long term bonds provide the collateral (asset) for banks to provide “long term” loans, while short term bonds provide the assets to provide shorter term loans. These bonds create the asset on the side of the bond, before they make a loan to the client. Is my interpretation of this wrong?
    Thanks
    .
    Scott’s Answer:
    Haha – that’s what most “scholars” think. It is a very misleading statement. This is NOT how money is created in banks, but it can look like this is the case. Let me try and explain:
    .
    1. A loan is the creation out of money. When you get a loan, money is NOT transferred from the banks account (where they supposedly borrowed from other banks or sold bonds, etc.)
    .
    2. Instead, the loan is created using a book keeping entry. Your signature on a promise to pay, resulted in the bank recording your signature as an asset (creating a + (positive) account). An equally balanced liability is created on the other side of the ledger creating a – (negative) amount.
    .
    3. What we call money is actually a bank’s liability (or a banks promise to you). Money does not exist, so money in your bank account reflects what a bank promises to pay you (ie. a banks liability).
    .
    4. So when you get a loan, your asset (signed promise – in other words the piece of paper) was used to create the bank liability = the money they “loaned” you. So there was no loan in the ordinary sense of the word. The entire loan was created out of nothing.
    .
    5. Because the banks have to have a minimum reserve requirement, where they get the reserve from is what you describe below. Because all money is merely a promise, banksters give each other’s promises all the time and this creates the illusion of cash being loaned.
    .
    6. But reserves are STILL EMPTY PROMISES! Reserves are also created out of nothing, usually by the SARB writing a cheque with money it doesn’t have to create the illusion of a reserve which in turn allows the banks to make it look like they are lending money!
    .
    7. And finally, interest is charged on these loans and if you do not pay it back, they take your house.

    Welcome to hell on Earth, created and manipulated by the banksters. None of it is real, the whole thing is an illusion to serve a purpose – get people into debt so they will never, ever be able to pay it back.

  11. Kevin Moore November 8, 2013 at 8:34 am #

    In my opinion the present reason for our woes can be found in 1Samuel Chapter 8 –
    .

    7 “And the Lord said to Samuel, “Heed the voice of the people in all that they say to you; for they have not rejected you, but they have rejected Me, that I should not reign over them…..”
    .
    http://www.veteranstoday.com/2013/11/07/are-the-american-jews-incubating-another-hitler/
    .
    “Are the American Jews incubating another Hitler?”
    .
    Excerpt from above article –
    .
    “…….No wonder the blogsphere is drowned in the anguish and wails of the concerned Americans about the present state of their country – looting of ordinary families by Jewish banksters, homelessness, job losses and falling wages, rising unemployment and poverty, drug addiction, sexual promiscuity and pornography, suicides, daily shoot-outs and murders, broken political structure so typically demonstrated by the recent Government shutdown, spying of and hated alike by friends and foes.
    .
    A disgraceful picture from Government to ordinary citizen, as if of a Third World country. To their every misery Americans trace American Jews and Israel at the root.
    .
    They see miniscule population of American Jews determining, dominating and controlling every aspect of their lives – social, moral, political, judicial and economic. The stats and arguments presented in support are shockingly very similar to those heard and reported for the post-WWI Germany.
    .
    And there are some solid grounds for this comparison if you try to evaluate the current American scene in the light of some of the accounts presented by well-known historians about the post-WWI Germany. For instance, this post, quoting several historians, has the following from British historian Sir Arthur Bryant, who images the post-WWI Germany’s financially ruined landscape when inflation had decimated German mark from 75 marks to a dollar in 1921 to 4.2 trillion marks to a dollar in November 1923:
    .
    Sarah Ann Gordon, while confirming Byrant, goes a step further and provides actual data, which are overwhelmingly in favor of Jews vis-à-vis total Jewish population (1.09% of all Germans) in business, commerce, and public and private service, private banking, bank ownership (150 against 11 non-Jewish owned), stock exchange (80%), academics, Law, medicine, theater (50% of the 234 directors), and so forth.
    .
    No doubt the present-day America has gotten neatly transformed into the post-WWI Germany.
    .
    Using 9/11 false flag, although the American Jews and Israel have very successfully diverted American fury against Muslims, but lately a large section of the population has started seeing through the game, courtesy concerted efforts by their own scientists, architects, engineers, journalists, veterans and ordinary thinking citizens…………”

  12. Kevin Moore November 9, 2013 at 8:39 am #

    The people of Ireland begin Bank rebellion –

  13. Ross Johnson November 11, 2013 at 6:27 pm #

    Our banks have a $22 trillion + exposure to derivatives which enables most to their profits because interest rates barely cover inflation. This is 14 times our GDP or 6 times banking assets.( ie our over valued mortgages)

    Just a 1% tax on bank derivatives will raise $220 billion pa in taxes. We could pay off the Govt debt in 1.5 yrs.

    Both the major parties are now total slaves to our banking system. There is no democracy without monetary sovereignty.

    • Kevin Moore November 12, 2013 at 6:13 am #

      Ross,
      .
      The way I understand the following is that all debts to banks are a legal fiction – we don’t owe them anything. We dumbskulls have allowed two loans to be exchanged from which we borrow on a loan we self financed and pay usury as well.
      .
      Letter to FASB, IASB, IFAC Re Accounting Perversion in Bank Financial Statements 1 May 2013
      .

      “In our opinion, the financial statements… present fairly, in all material respects, the financial position of the Company as of … , and the results of its operations and its cash flows… in accordance with generally accepted accounting principals in (the country where the report is issued).”
      .
      when the standards are misconceived and patently false, and we know that they are.
      .
      Demand deposits referred to by the public as “cash in bank” is recorded and reported by monetary financial institutions (MFI) in units of account by double-entry bookkeeping in a process which the MFIs call “lending ” — but which is effectively a nullity — by debiting loans receivable and crediting demand deposits.
      .
      These so created units of account are then denominated at will in dollars, pound sterling, euros, etc., depending on the terms of the documentation or underlying promissory note, or whatever is the legal document giving rise to this type of “lending,” using whatever is the name of the currency in the jurisdiction in which it takes place, but legal tender the “demand deposits” are not.
      .
      Banks do not have pre-existing funds in the form of legal tender to lend, except in miniscule amounts relative to the size of their loan portfolios.1 In other words, banks create demand deposits out of nothing, and it therefore remains a nothing. The malpractice continues because public accountants as auditors sanctify the aforementioned practice by “certifying” the banks’ financial statements, provoking credit expansion, moral hazard, asset bubbles, liquidity-stressed financial markets, bank runs, and eventually global financial crises……”
      .

      Click to access Open%20letter%20accounting%20perversion.pdf

      • Ross Johnson November 12, 2013 at 3:52 pm #

        I agree Kevin. Private banks with shareholders should not be allowed to create money to a formula at will,but since we don’t have any Govt Banks, why not tax their excesses?

        Another question is, who owns the RBA? Is it just an appendage of the US Federal Reserve ? A few yrs ago it paid a lousy dividend of half $ billion pa when our money supply grows by 90 billion pa, mostly as debt.

        • Kevin Moore November 13, 2013 at 10:00 am #

          Ross,

          Considering the following it would not be the Australian people who own the RBA –

          http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000805157&type=&dateb=&owner=include&count=20
          .
          U.S. Securities and Exchange Commission,

          Commonwealth of Australia [0000805157]

          SIC: 880 – American Depositary Receipts

          State location: DC | Fiscal Year end: 0630

          Business Address, 1601 Massachusetts Ave NW

          C/O Australian Embassy

          Washington DC 20036

          Items 1 – 4

          Form SC 13G/A, Statement of acquisition of beneficial ownership by individuals , Filing Date: 2007-02-14

          Form SC 13G/A, ” ” ” ” ” ” ” ” , Filing Date: 2006-02-13

          Form 15 – 15D, Suspension of duty to report [section 13 and 15 [d] Filing date: 2004-11-22

          Form 18 – K, [paper] Annual report for foreign governments and political Filing date: 2002-03-04
          subdivisions

          The Commonwealth of Australia as cited above is a statutory body of Australia operating in the U.S. as an embassy – not Australia the sovereign country. The two SC 13G/A forms relate to the changes in the Commonwealth ownership of Telstra. For 2006-02-13 the Commonwealth declared that it owned 51.8% or 6,446,207,123 of the Telstra shares and in 2007-02-14 it owned 17.8% or 2,220,736,177.

          This information suggests that not only is Australia being traded on the U.S. Securities and Exchange Commission, but that it is bankrupt as well.

          • Kevin Moore November 13, 2013 at 10:16 am #

            Ross,

            You could also ask – who owns the ATO? Perhaps a registrant in the Channel Islands could answer the question.

            “Colonial Courts of Admiralty Act 1890”

            “Exception of Channel Islands and Other Possessions –

            The provisions of this Act with respect to Colonial Courts of Admiralty shall not apply to the Channel Islands. It shall be lawful for the Queen in Council by Order to declare, with respect to any British possession which has not a representative legislature, that the jurisdiction conferred by this Act on Colonial Courts of Admiralty shall not be vested in any court of such possession, or shall be vested only to the partial or limited extent specified in the Order.”

            http://freespace.virgin.net/bank.help/Facts/documents/10912.html

            Colonial Courts of Admiralty Act,1890
            http://web.uct.ac.za/depts/shiplaw/legisltn/1890act.htm

            Seas and Submerged Lands Act 1973
            http://www.austlii.edu.au/au/legis/cth/consol_act/sasla1973207/

            http://www.barefootsworld.net/admiralty.html
            Treason in Government! Admiralty on Land!! Where’s the Water?

            http://loveforlife.com.au/content/08/03/05/international-law-admiralty-maritime-process-are-you-lost-sea

            • Kevin Moore November 13, 2013 at 10:46 am #

              Ross,

              If you are wondering about the “Seas and Submerged Lands Act 1973”, then section 15B of “The Acts Interpretation Act” gives clarification –

              15B Application of Acts in coastal sea
              Coastal sea of Australia
              (1) An Act is taken to have effect in, and in relation to, the coastal sea of Australia as if that coastal sea were part of Australia.
              (2) A reference in an Act to Australia, or to the Commonwealth, is taken to include a reference to the coastal sea of Australia.
              Coastal sea of external Territory
              (3) An Act that is in force in an external Territory is taken to have effect in, and in relation to, the coastal sea of the Territory as if that coastal sea were part of the Territory.
              (3A) A reference in an Act to all or any of the external Territories (whether or not one or more particular Territories are referred to) is taken to include a reference to the coastal sea of any Territory to which the reference relates.
              Definition
              (4) In this section, coastal sea:
              (a) in relation to Australia, means:
              (i) the territorial sea of Australia; and
              (ii) the sea on the landward side of the territorial sea of Australia and not within the limits of a State or internal Territory;
              and includes the airspace over, and the sea‑bed and subsoil beneath, any such sea; and
              (b) in relation to an external Territory, means:
              (i) the territorial sea adjacent to the Territory; and
              (ii) the sea on the landward side of the territorial sea adjacent to the Territory and not within the limits of the Territory;
              and includes the airspace over, and the sea‑bed and subsoil beneath, any such sea.

            • Kevin Moore November 13, 2013 at 12:16 pm #

              http://www.veteranstoday.com/2013/11/12/welcome-to-zionism-now-bend-over/
              .
              “…How did the West fall into this madness? Simple: the twentieth century has progressively become, in the words of Jewish scholar Yuri Slezkine, “The Jewish Century.”[71] What was logical is now illogical, and what was irrational is now rational.
              .
              Moreover, we have said over and over that Zionism is a sanitized version of Bolshevism,[72] and its offshoots have shown themselves in Israeli cells such as the NSA,[73] which seeks to control the entire world.[74]
              .
              The NSA even targeted the pope since 2005![75] The pope has said some nice things about the Jews,[76] but he himself was not exempt from being spied upon by the Israeli-run NSA. United Nations secretary general Ban Ki-Moon was also a victim of the NSA. The New York Times finally admits,
              .
              “Today’s N.S.A. is the Amazon of intelligence agencies… It sucks the contents from fiber-optic cables, sits on telephone switches and Internet hubs, digitally burglarizes laptops and plants bugs on smartphones around the globe.”[77]………”

            • Ross Johnson November 13, 2013 at 8:02 pm #

              Thanks Kevin,it is rather depressing but I shall not give up the fight.

            • Kevin Moore November 14, 2013 at 7:26 pm #

              This is an interesting read –

              Click to access Maritime.Jurisdiction.of.US.Exposed.pdf

              .
              “Next to revenue (taxes) itself, the late extensions of the jurisdiction of the admiralty are our greatest grievance. The American Courts of Admiralty seem to be forming by degrees into a system that is to overturn our Constitution and to deprive us of our best inheritance, the laws of the land. It would be thought in England a dangerous innovation if the trial, of any matter on land was given to the admiralty” Jackson v. Magnolia, 20 How. 296 315, 342 (U.S. 1852)”

  14. JMD November 14, 2013 at 8:33 pm #

    For a laugh, have a look at this.

    http://drbenway.blogspot.com

  15. Kevin Moore November 15, 2013 at 8:01 am #

    All Wars Are Bankers Wars
    .
    “Heroin is a multibillion dollar business supported by powerful interests which requires a steady and secure commodity flow……….Of course it’s just a fluke that the US military happens to be guarding the worlds largest opium supply ……. and that the US has discovered a trillion dollars worth of untouched mineral deposits in Afghanistan ……. Trillions in blackmarket sales are funneled through Banks and it has got to come out clean on the other side.”
    .

  16. Eureka November 15, 2013 at 9:51 am #

    Any residential property or other market shocks and there will be major systemic problems ahead for Aussie banks. Minimise your exposure to the banking system – maintain as much personal control over your assets and wealth by keeping it tangible and in your possession.

    http://www.zerohedge.com/contributed/2013-11-08/3-warning-signs-potential-bloodbath-ahead

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