The Australian Alert Service is the weekly publication of the Citizens Electoral Council of Australia.
It will keep you updated of strategic events both in Australia, and worldwide, as well as the organising activities of the CEC.
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In this week's Australian Alert Service
14 November 2018
Fight terrorism in all its forms
The modern wave of Islamist terrorism again struck Australia
with the frenzied knife attack on Melbourne's Bourke
Street on 9 November. In response, Prime Minister Scott Morrison
lectured Muslim leaders to be more proactive in detecting
and reporting extremist activity in their community. Controversial
Senator Fraser Anning repeated his call for a plebiscite
for Australians to vote on whether we want Muslim immigrants
like the assailant, or European immigrants like his
victim Sisto Malaspina.
Amid the backlash, many people would find these responses
reasonable. They do not address the real truth about
terrorism, however, but are a deflection. The truth is related
to the report that, once again, the assailant was "known to
ASIO"—worldwide, almost all terrorists in recent years have
been already known to their respective countries' security services.
As the AAS has exposed, ASIO is the junior partner of
MI5 in the UK, which for years has run a "covenant of security"
with known terrorist organisations in pursuit of shadowy
domestic and geopolitical agendas (p. 13). The intelligence
agencies have played with fire but it's the public that has got
burnt. While politicians cast aspersions on the domestic Muslim
community, they don't question the intelligence agencies.
Nor do they question our relationship with Saudi Arabia,
which sponsors the extreme Sunni Wahhabi terrorist ideology
that is behind all of the attacks in recent times. Unless
we take on these murkier issues, we won't defeat this scourge.
Tragically, we are becoming all too used to terrorism now, but
Islamist terrorism is not the only form it takes. In a much more
thoughtful response to Bourke Street, former Australian Prudential
Regulation Authority (APRA) principal researcher Dr Wilson
Sy wrote the following statement on "Banking Terrorism".
"Terrorism is defined as the use of violence, threats or fear
to intimidate or coerce victims to submit to financial or political
demands, such as to pay ransoms.
"There are now anti-terrorism laws in many countries,
but none of these apply to banks. Yet the banks are far greater
terrorists than ISIS or any other recognised group when
measured by the amount of ransom they have extorted from
"The banking terror is the threat of collapse of the global
financial system. The mere threat by the global systemically
important banks (G-SIBs) to bring down the global financial
system through the contagion of derivative losses is
enough to make governments and regulators submit to their
demands for ransom.
"In the past decade, trillions in major currencies have been
extorted through central bank 'bail-outs' to pay the ransom
demanded by global banking terrorists. The usual principle
of 'not negotiating with terrorists' to discourage further extortion
attempts, does not seem to apply to banks.
"Sure enough, the banking terrorists continue to threaten the
global financial system by reckless financial speculation, inflating
many asset bubbles. This time, the terror of impending financial
crises has been planned for use in further extortion, organised
by the Bank for International Settlement (BIS) through crisis
management regulations of the Financial Stability Board (FSB).
"Instead of ordinary taxpayers being innocent victims
through 'bail-outs', the victims of the next extortion will be the
creditors of the banks through 'bail-ins', which include ordinary
bank depositors who are considered unsecured creditors.
"The negotiation with terrorists is being carried out by an
unelected and unaccountable global banking cartel organised
from Switzerland. The imposition of the demands by the
banking terrorists on the Australian Government and its regulators
is without proper knowledge and consent of the people.
"We must end banking terrorism now with structural separation
of the banks for effective protection of the economy
and the people. Terrorists of all sorts and their accomplices
should be jailed."
Like Islamist terrorism, banking terrorism will not be defeated
if the government allows special interests to pursue
their own agenda. It is the government's responsibility to implement
the structures that can protect the public, starting
with banking separation.
Articles include the following:
- Banks tell Royal Commission: Don't you change us—or else!
- Banks and their pollies up to usual tricks with financial advice 'reforms'
- Gas pipelines should be public utilities, not private monopolies
- Anti-China hawks in a flap over Victoria's Belt and Road agreement
- Midterm elections set the stage for 2020 battle
- China lays plans for inclusive cooperation at trade expo
- Will Modi override bankers in favour of the people?
- Fernández: Banks must serve the economy
- Asia Times reports refutation of China 'debt-trap'
- Are we sleepwalkers? What have we learned from how World War I broke out?
- Crown's MI5 set to 'investigate' far-Right extremists
- A banking license to take deposits is a privilege!
- May the Guns of August, this time, remain silent
- ALMANAC: Little Round Top: Fighting for a higher cause
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