Ann Carter, Mullumbimby
If banking legislation gets the ‘Yes’ vote this November in Australia, the banks will be able to steal your money, legally, out of your account and use your money to prop themselves up, and support their risky financial practices.
Your money will no longer be safe in any bank in Australia, if this legislation gets approved.
In addition, banks will be able to limit cash withdrawals to $10,000, meaning that you won’t be able to rescue your own money by taking it out of your account.
Hate to frighten you all, but this scares the pants off me!
Since the Global Financial Crisis this legislation has already gone through in other countries, such as Greece, where people have had half their life savings stolen out of their accounts – legally – by the banks.
You can help this legislation to be voted out in Australia by signing the petition at www.citizenparty.org.au. The petition also calls for a safeguarded savings bank, just like in the good ole days of the Commonwealth Bank of Australia.
This dreadful legislation is being presented to Parliament in November, so your signature on this petition now is vital.
You can also write to your local Member of Parliament Tamara Smith, MP at: [email protected].