Overseas Banks Own Us

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." — Henry Ford

"Let me issue and control a nation's money and I care not who writes the laws." — Mayer Amschel Rothschild

See how money is created from "thin air" here.  Too much is destroying our planet. 

March 13, 2025

The Hon Anthony Albanese MP

Prime Minister

Parliament House

CANBERRA ACT 2600

Re The Election. Helping Australians. A new Commonwealth Bank.

Dear Prime Minister,

Many Australians are "doing it tough" as you have observed. It seems that the 27 million Australians (men, women and children) are contributing approximately $1,200 to bank profits each year (approximately $32 billion per year).

I attach a chart showing the major shareholders of our four major banks.  The overseas shareholding is nearly 50%.

This means that nearly 50% of the profits of the banks goes overseas, and that the overseas shareholders have a huge say in what these banks do.

It is said that our banks need overseas shareholders, and that our banks need overseas money.  But is that true?  I think not.

It was the Labor party who originally set up the Commonwealth Bank because the British banks were making it so difficult for Australians.

And the Commonwealth Bank used to create the money needed for Australians from "thin air" or what is called Quantitative Easing nowadays.

Nowadays, when a customer wants to borrow money for say a new home, our banks simply create the money on the spot and loan it to the customer.

I believe that the overseas investors in our banks simply used created money to buy into our banks. It is a huge con job and enslaves our citizens and pushes housing prices and hence rents to the highest levels in the world.

What would it take to simply create a new bank that works for Australians? As was done for the Commonwealth Bank?

Such a bank would allow every Australian to live better lives, as it did in the past.

Yours sincerely,

Clement Clarke

Copy to the Treasurer, The Hon Dr Jim Chalmers MP

Attachments: Bank Shareholding Details

Picture of Excess money causing unnecessary hardships on Australians.