A promissory note is one way to steal customers’ credit. How? When a customer applies for a mortgage, the bank pretends the customer’s signed paperwork isn’t really money. A promissory note is essentially a piece of paper stating: “I promise… Continue Reading →
Can truth in Bank statements show as clear proof of authorised verification and validation of an account? A bank statement only provides a summary of transactions and balances. It may not independently prove the correctness, authorisation, verification, and validation of… Continue Reading →
Ever wonder about AFCA bias towards Banks? Australian Financial Complaints Authority Limited is Australia’s financial “ombudsman”, an organisation funded by the banks and insurance companies. AFCA appears to assume that banks “act in good faith“, giving more weight to banks’… Continue Reading →
Fraud debt collection, using fear. That’s all it is. The process of confiscation and illegal seizure of money and property starts with the banks’ illegal creation of money and ends with the bottom feeders – the debt collectors who prey… Continue Reading →
Banking is fraud, except it’s not fraud if you have a banking license. Which may explain why banks are not seen as committing fraud with money creation. Even if there’s not full disclosure, when you go to the bank, cap… Continue Reading →
How can you repay “money” if no “money” was “loaned” at the outset? If money is “created” to lend to buy a house, and the bank has not suffered a loss, how can they demand repayment with interest? The notion… Continue Reading →
Mortgage money – where do banks find the money to lend to you when you enter into a mortgage contract? Do you actually “borrow” money from the bank’s depositors, or does the bank magically “create” money? When you take out… Continue Reading →
In many ways, the situation of Bates v Post Office (2020), reflects all multi-national corporations including the banking sector. While it’s a landmark case in the UK, has far-reaching implications for customer treatment by Banks worldwide. Henry Ford, Sr., said… Continue Reading →
The creation of money has been a contentious issue, with deceptive lending by banks. In essence banks conjuring funds out of thin air to “lend” to borrowers. “Is it possible in these days of disbelief in physical miracles really to… Continue Reading →
Banks or Government: “Let me make the ballads of a nation, and I care not who makes its laws.” – Sir Phillip Sydney (1554-1586). William Pitt the Younger (1759 – 1806) said: “Let the American people go into their debt-funding… Continue Reading →
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