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BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

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BFCSA: Banksters Dictatorship over Finance, Government and ASIC. Banks are bleeding this country dry!

Posted by on in ROYAL COMMISSION URGENT
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It amazes me that no one in the halls of power can see what all BFCSA members can. We have a financial system that has been running rampant for years with no firm hand to control them. We have had 10 Senate inquiries plus nine others where the recommendations have been ignored and replaced by a band aid fix by ex Cartel Member David Murray.

Why is it we have bankster heads saying no need for a RC? The simple answer is the head of this country MALCOLM TURNBULL is a multi millionaire former banker, the head of our peak regulatory authority is, you guessed it, GREG MEDCRAFT another millionaire former banker and the head of the  DAVID MURRAY (Joe Hockey appointed and he heads to NY plum job) FSI - Financial System Inquiry was yet another retired millionaire banker. 

 

The truth  is the banks are running this country and bleeding it and all its citizens dry.The banksters greed knows no bounds, we have an inflated real estate market that are on the verge of collapse so that all these poor souls with huge mortgages will find the value of their properties plummet and then the hovering vultures Gadens will come in to pick the carcass clean (whilst writing the disgracefully engineered and tricky mortgage contracts) 

It sickens me every time I see these fat cat senior Coalition  MP's making ridicule of a mere mention of the idea of an RC and stating ASIC has more power than a RC. 

ASIC knows the truth of whats been going on for years under their noses and yet refused to do anything even though they had masses of information showing how deep the banks were involved. ASIC tried to cover up the banksters misdeeds by fobbing off the hapless victims of bankster greed by subjecting them to the indignity of and giving them false hopes by putting them before their EDR's FOS and COSL. FOS and COSL what a joke! The victims had to tell their horror stories many times over because they kept having their case managers changed, just another tactic to break them and make them give up. The biggest insult was the banksters and their parasitic lawyers Gadens were seconded to advise the EDRs and still these mongrels in power say no need for a RC.

ASIC cannot be trusted and we members have road tested that fiasco!  If ASIC take the lead in any major investigation rather than a RC the truth will never come out because they won't tell half of whats been going on. There can only be one resolution to this situation and that is the sitting government has to stand back and let a bi partisan open investigation by way of a RC with independent  experts both legal and financial and any other body deemed fit and appropriate to overhaul and bring back some form of regulation and none of this crap about self regulation.

The final chapter should be all those senior banksters should be held to account and face criminal penalties. They should do time behind bars and assets seized but I suppose that can't happen as everything of worth will be in trust, others names or overseas. The legal advisers who OKed all the banksters schemes should be barred from practicing law.

I, like all the other victims have waited a long, long time for justice but unfortunately many have succumbed due to stress and ill health but their families will see the RC and all will be exposed as to what depths our banks sank to and who were the agencies and people who aided and abetted them, there will be no rocks for these parasites to hide under at last. 

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