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Australia stands at the cross roads (Read 360 times)
red baron
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Australia stands at the cross roads
Dec 5th, 2018 at 9:22am
 
Australia stands at the cross roads

The mind boggling ramifications of the Banking Royal Commission  have revealed that the whole financial sector is rotten with corruption

If you hark back to the Global Financial Crisis it was popularly held that our 'Big 4 Banks' were totally dependable and underpinned our Country's ability to withstand the global financial meltdown

For decades Australians have gone through life thinking that the Financial Sector was basically an 'honest business'

We now find that the whole thing is as big a lie as that of the Wizard of Oz

A complete and total sham where all the financial 'pigs 'had their snouts well and truly buried in the trough

People were ruthlessly ripped off by scams developed within the industry

Had it not been for Labor finally winning that Royal Commission, all this would still be going on

Little wonder that people are treating the Liberal Party like it has smallpox because  - it does

No one knows how Labor will run the Country. They completely ballsed it up last time

But never lose sight of the fact that without them the Royal Commission would never have taken place

The Liberals resisted it in Parliament 23 times and they should hang their heads in shame

Labor have won the moral right to take office  and they will
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« Last Edit: Dec 5th, 2018 at 3:44pm by red baron »  
 
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cods
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Re: Australia stands at the cross roads
Reply #1 - Dec 5th, 2018 at 9:25am
 
who was it who guaranteed the Banks during our so called GFC?....

we have all at some time had faith in the BANKS....good grief  we gave them our money to take care of... Roll Eyes Roll Eyes Roll Eyes


I am sure even you had a BANK ACCOUNT at some stage
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Term Dog
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Re: Australia stands at the cross roads
Reply #2 - Dec 5th, 2018 at 9:25am
 
To what degree was Labour complicit at the policy level for decades leading up to the RC.
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Sir Spot of Borg
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Re: Australia stands at the cross roads
Reply #3 - Dec 5th, 2018 at 9:45am
 
I don't think anyone with a bank account thought they were honest

Spot
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Captain Nemo
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Re: Australia stands at the cross roads
Reply #4 - Dec 5th, 2018 at 9:56am
 
Credit where credit is due ... Rudd prevented a "run on the banks" which would have been an utter disaster - and helped Australia to avoid a recession.

The GFC was indeed real and action was taken to avoid a 1930s style disaster.

It worked to a large extent.

Thanks to Obama and Rudd for their part in saving the world from a massive depression.



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Bias_2012
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Re: Australia stands at the cross roads
Reply #5 - Dec 5th, 2018 at 11:07am
 
Yeah it was paying the crooks to be more crooked
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red baron
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Re: Australia stands at the cross roads
Reply #6 - Dec 5th, 2018 at 3:56pm
 
Things will never, ever be the same again

The average citizen will view the whole financial sector with a huge amount of distrust

Because even though we have had a Royal Commission, the ghostly faces of the financiers, slapping us on the back, all the while smiling at us as they screw us  into the ground.  The schemers in the finance sector will already be  back and inventing new ways to ream us

As they said in the X Files..Trust no one
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Valkie
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Re: Australia stands at the cross roads
Reply #7 - Dec 5th, 2018 at 4:02pm
 
This is just the tip of the iceberg

Superannuation is a massive rip off

Health insurance is the biggest scam

Both loaded over by the grubberment on both sides

Trillions have been lost to punters all over Australia.

The grubberment have taken bribes in the millions to allow the banks, super funds and health insurance thieves to rip off Australians for decades.

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red baron
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Re: Australia stands at the cross roads
Reply #8 - Dec 5th, 2018 at 4:04pm
 
Yes on all counts Valkie
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