The Echo reporting about ACP and Council motion
Thank you for your support of a postal bank, which could revitalise small business and farming areas and provide real competition among the arrogant big four banks.
They are closing regional branches at an accelerating rate, betraying their social licence, which is the trade-off for the immense privilege of issuing credit out of thin air, in return for serving the Australian economy.
These banks were shown to be gamblers and profiteers at the Royal Banking Commission, yet no one was significantly punished, such is their political power. They continue to gamble in the derivatives markets, now 40 times the real-world economy. This could well cause an economic crash very soon.
Had the Australian Labor Party and other candidates bothered to read the Citizens Party’s excellent economic, anti-war and industrial policies, they might realise that smear campaigns, shooting the messenger, are unhelpful.
The Labor Party is sadly in the thrall of the finance industry and the American war machine, unlike Labor’s noble prime ministers Curtin and Chifley – who correctly identified the ‘money power’ as the enemy of business and community.
A real postal bank is a wellspring of real prosperity, and I congratulate Mayor Lyon and other councillors who recognise the potential of such a service.
For four decades The Echo has printed the stories some people loved, some people hated, and some pretended not to read. If you want us to keep telling the truth, the real truth, not the sugar-coated version. We’ll need your support to keep the presses rolling. 
