Tag Archives: Banking

Glass-Steagall introduced in US Congress—it’s now Trump’s move


  An important issue highlighted by Citizens Electoral Council of Australia Media Release Friday, 3 February 2017 Craig Isherwood‚ National Secretary PO Box 376‚ COBURG‚ VIC 3058 Phone: 1800 636 432 Email: cec@cecaust.com.au Website: http://www.cecaust.com.au The 1933 Glass-Steagall banking separation policy … Continue reading

Posted in AUSTRALIA, Financial Crisis | Tagged , , , | 2 Comments

Warning to Australian investors: Beware hybrid securities, aka ‘bail-in’ bonds!


Advice courtesy CEC Australia.  CEC Media Release [cec@cecaust.com.au] I cannot personally comment on the contents and claims except to say that a great deal of valid financial information has been presented in the past. Australia’s big banks are careening along … Continue reading

Posted in AUSTRALIA, Financial Crisis | Tagged , , , , , , , | 1 Comment

Economics and Banking – a Sensible Approach


A worthy outline and suggestion that would almost certainly benefit the world. Citizens Electoral Council of Australia Media Release Monday, 17 August 2015 “People’s Quantitative Easing”:  The principles behind it “The reality that sovereign national governments can create public credit … Continue reading

Posted in AUSTRALIA, Financial Crisis, World Issues | Tagged , , , , , | 6 Comments

Bank Restructuring is Essential – Iceland sets the example – Why is everyone else so Stupid?


Iceland Parliament’s Economics and Trade Committee unanimously passes resolution. The Icelandic parliament, called Althingi, on 18 March was presented with a unanimous motion from its Economics and Trade Committee, calling for a Glass-Steagall-style banking separation. Iceland has led the way … Continue reading

Posted in Civil Liberties, Corruption, Financial Crisis, World Issues | Tagged , , , , , , , , , | 4 Comments

Financial ‘perfect storm’ slams Aussie banks


Out on the limb again, wondering which side of the branch is being sawn through. Generally, I have confidence in publishing any post that it is sound. Sometimes the question is asked, “is this really happening?” In this particular case … Continue reading

Posted in Financial Crisis, Human Folly, Justice, Politics | Tagged , , , , | 1 Comment