19th June, 2012
Stop Parliament from secretly legislating to steal deposits;
demand Glass-Steagall law instead
The Citizens Electoral Council has just discovered that legislation is being secretly prepared to give Australia’s banking regulator “bail-in” powers to confiscate the savings of the Australian people, just as in Cyprus.
The CEC is mobilising to expose and stop this secret plan, and force the Parliament to instead fully protect deposits and essential banking services from an inevitable collapse by passing a Glass-Steagall separation of speculative investment banking from banks that hold deposits.
Read more...
Print and distribute this release as a flyer (A4 PDF)
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