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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: Tuesday October 29, 1929 The GREAT DEPRESSION BEGAN

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Historical Importance of the Great Depression: The Great Depression, an immense tragedy that placed millions of Americans out of work, was the beginning of government involvement in the economy and in society as a whole.

Dates: 1929 -- early 1940s

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  • doyla66
    doyla66 Tuesday, 05 November 2013

    Good to see a history lesson - for the benefit of those self-satisfied and smug people who still think they have secure employment at ASIC and Banks! Live and learn.
    I grew up in an extended family. There were many tales recounted of the Depression in Australia.
    Children who went to school with cardboard strapped to their feet because their families couldn't afford shoes for them. Those who could afford shoes were considered "well heeled".
    Swaggies who walked the streets and the highways looking for a job and money.
    Real estate agents who collected "key money" - a form of kickback in return for finding a place for the renters to live. And those who refused to charge the "key money" because they thought that was unethical, who hunted up places for families to live for a while.
    The "rabbitoh" who came around selling freshly caught bunnies for dinner.
    Women who walked the streets begging for food, looking for work, selling books, frightened children in tow.
    It was a frightful time of hunger and despair, even in parts of Australia.
    The Australian movie "Caddie" gives some of the flavour of those times.
    Do we need a third world war to set the finances to rights? I don't believe so.
    Now we know where the money goes to when it all seems to dry up ... and it's certainly still on this planet.
    We also know how the money is drained away from us and "Hoovered" up into the caches of others.
    And how fiat money, created at the stroke of a pen, is converted to real money and real houses, farms, businesses, to be liquidated in punishment for our inability to play the Banks' game.
    Booms and depressions are no random events - they're manipulated by the Bankers around the world.
    So why, when we all know this, do we tolerate or permit these cycles to persist?
    Is it the lure of cheap real estate, capitalising on the apparently misfortune of other poor sods, and the potential gains to be made when "the market" recovers?
    How can "the market" recover as its bleeding lies are being leaked, examined and laid bare for all to see?
    If the Rothschild Banking network is behind this evil, how can we defeat them and return the real money back to the people, where it belongs and where it was earned honestly?
    BFCSA have many of the answers now to reversing this looming nightmare of depression. It has already begun in the USA, UK and EU. We can and will survive what should be a major adjustment to the position Banks hold in our society, if our Government is willing to acknowledge the truth about the distrust in our financial systems, get serious and fix it properly, regardless of the wishes of other countries.
    The more homes owner mortagees, farmers, businesses and investors who get their LAFs now the sooner we can reverse this drain on our resources. Your LAF could be your ticket of leave out of debt slavery. Don't wait - ask your Bank or non-bank lender today. You owe it to yourself - and to your country.

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