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A history of failed reform: why Australia needs a banking royal commission : Comments
By Thomas Clarke, published 12/9/2016The move for an inquiry into how banks treat small business customers should not overshadow the ongoing call for a broader royal commission on banks.
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Royal Commissions solve nothing.
Posted by ttbn, Monday, 12 September 2016 10:22:14 AM
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Hard to disagree with any of this Thomas! Except perhaps the timeline, which was very cleverly concealed by paste and copy incompetence?
Alan B. Posted by Alan B., Monday, 12 September 2016 11:19:28 AM
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What we have is a handful of instances over the past couple of decades of banks or employees behaving badly. These were uncovered and dealt with. There is no sign of systematic rorting or behavioral problems that are usually the requirements for a royal commission.
Labor's call is just a distraction from the many adverse findings against the unions. Posted by Shadow Minister, Monday, 12 September 2016 2:59:13 PM
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I support such an inquiry and it should be sufficiently broad that includes the creation of money and investigation on the lies and deceptions that characterise loans.
Posted by Referundemdrivensocienty, Monday, 12 September 2016 9:00:27 PM
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It is hard to disagree.
________________________ http://www.trevorscarpets.com.au/timber-floors-perth/ Posted by bill.yates, Wednesday, 14 September 2016 4:58:43 PM
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Extend that inquiry into how money is created and why the govt did not reserve for us (via) itself, the power to create credit for our (its) own purposes, when it gave the banks the right to create money out of thin air.
Posted by Referundemdrivensocienty, Sunday, 18 September 2016 1:50:19 PM
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