Our banks are being sued

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • SilverNodashi
    Platinum Member

    • May 2007
    • 1197

    #1

    Our banks are being sued

    I thought I'd share this since it affects every South African with a home loan, credit card, personal loan and probably overdraft as well:

    The Sheriff of the Court has just served the four major banks, and the Reserve Bank, with a summons from the New Economic Rights Alliance: Case number 27478/12.

    Put simply, the NewERA is asking the High Court to declare our money lending system fraudulent and unconstitutional. We are not suing for money. Alternatively, we are asking the Court to suspend all legal action currently taken against every South African by the banks, until a full investigation has been undertaken into our banking system.

    It may be bold. It may be daring. But it is 100% correct. The banks are doing some terrible things behind our backs and two years of research by dozens of people around the country, working in their spare time and for no money, has culminated in this action. It is a miracle that we made it this far. We are very proud.

    What can you do about it?

    1. Take an interest in our money system. Understand WHY we are taking action against the banks. Download and watch The Dark Secrets of Money here (or watch it on YouTube here). We cannot stress this enough – for the sake of your family’s future you need to know how the money system works. The legal document is attached, but it is complicated, so commentary will be available soon to help you understand it.

    2. Follow and comment on the case at www.thebigcase.co.za [the new and updated page will be live on Monday July the 23rd].

    3. Become a paying member here or donate a small amount to our cause here. We are in urgent need of funds to survive.
    The banking system is a greedy monster that is coming to eat us. Only we, the people, can stop it.

    THE NEW ECONOMIC RIGHTS ALLIANCE
    Get superfast South African Hosting at WebHostingZone
  • Dave A
    Site Caretaker

    • May 2006
    • 22803

    #2
    I think this action has already been dismissed

    It came up before - start here for what we know so far.
    Participation is voluntary.

    Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services

    Comment

    • SilverNodashi
      Platinum Member

      • May 2007
      • 1197

      #3
      Originally posted by Dave A
      I think this action has already been dismissed

      It came up before - start here for what we know so far.
      I got this email today, so I guess this is another attempt at taking the banks to court
      Get superfast South African Hosting at WebHostingZone

      Comment

      • Blurock
        Diamond Member

        • May 2010
        • 4203

        #4
        This case has been dismissed. Their arguments were so flawed and outrageous, it had no chance of success.
        Excellence is not a skill; its an attitude...

        Comment

        • tec0
          Diamond Member

          • Jun 2009
          • 4624

          #5
          All of us know the banking system is a big bugger up at the moment. The rich can take mass amounts in from of loans and the poor cannot break even on their debts.

          However I must stress that property may well be a target. An old run down home may well be over estimated to a sum of one million rand and more, thus the sum of money you need becomes a perpetual nightmare.

          The benefit of over estimation means more commission, bigger loans and high property tax and that alone is a cause for concern. Even poorly maintained homes will bring in an amount of just under a million rand and then you need to fix everything and that is a costly undertaking in its own right.

          So are the banks on our side? If not then who is?

          I say follow the money and make up your own mind.
          peace is a state of mind
          Disclaimer: everything written by me can be considered as fictional.

          Comment

          • dove45
            Email problem
            • Feb 2013
            • 1

            #6
            I've read it before reading this post. Even I've discussed with one lawyer too.. But there is no result after this.. Because I am also student of same case.
            // //

            Comment

            • Blurock
              Diamond Member

              • May 2010
              • 4203

              #7
              The banks do not determine the price of properties. Buyers do. As you live in Cape Town, I will use the Bantry Bay/Clifton area as an example. In about 1975-78 my gran pointed out a property that was sold for something like R3 million. We were agast as we thought that was too much. The (smallish) house was high on a cliff with no garage -only street parking and 1000 stairs to climb.

              The buyer (obviously paid with Euros or pounds) demolished the house and built a completely new, modern house on the same site! Estimated building cost at that time could have been triple the buying price, I can't remember the figures.

              So the buyer paid for the view, he was not even interested in the house!
              Excellence is not a skill; its an attitude...

              Comment

              • Darkangelyaya
                Silver Member

                • Nov 2012
                • 247

                #8
                Don't shoot me, just a messenger
                Big case tomorrow against the four major banks - trying to force them to answer our legal brief. Which does not want to stick, so.
                Last edited by Darkangelyaya; 19-Mar-13, 10:43 AM.
                ~Anything or anyone who does not bring you alive, is too small for you~ Carina
                ~The moment you think you know it all, is the moment you know nothing~ Carina
                twitter: @DarkAngelYaya - Blogger: The Common Garden Variety Goddess - darkangelcarina@gmail.com

                One Google Page Result away from being Famous

                Comment

                • Citizen X
                  Diamond Member

                  • Sep 2011
                  • 3411

                  #9
                  Originally posted by Darkangelyaya
                  Don't shoot me, just a messenge:
                  Big case tomorrow against the four major banks - trying to force them to answer our legal brief. which does not want to stick, so.
                  Good evening Carina,

                  If I understand this correctly, the banks have filed a notice of exception and it's the hearing of this exception tomorrow that essentially will be taking place i.e. whether the court will uphold the exception in which case the case is thrown out or whether they will dismiss the exception in which case the banks must file their plea?
                  Could you please clarify
                  “Success consists of going from failure to failure without loss of enthusiasm." Winston Churchill
                  Spelling mistakes and/or typographical errors I found in leading publications.
                  Click here
                  "Without prejudice and all rights reserved"

                  Comment

                  • Darkangelyaya
                    Silver Member

                    • Nov 2012
                    • 247

                    #10
                    As far as I know, the banks have argued that NewEra's claims are 'vague and embarrassing'. I know that the wording has been changed to clarify matters. I am assuming that the Court will decide whether the banks have to answer the claims or not.
                    ~Anything or anyone who does not bring you alive, is too small for you~ Carina
                    ~The moment you think you know it all, is the moment you know nothing~ Carina
                    twitter: @DarkAngelYaya - Blogger: The Common Garden Variety Goddess - darkangelcarina@gmail.com

                    One Google Page Result away from being Famous

                    Comment

                    • Frankincense
                      Silver Member

                      • Nov 2008
                      • 201

                      #11
                      The Temple Crown Bar is in London, every lawyer called to the "bar" swears allegiance to the Temple Crown Bar. You can't get called, without swearing this allegiance. The members of the Bar, the Court staff/Esqr - including all Advocates/Judges swear allegaince to Crown Temple Bar. The legal system (judiciary) of the R.S.A. is controlled by the Crown Temple from the independent and sovereign City of London.

                      The private SARB System, which issues fiat Rand Notes, is financially owned and controlled by the Temple Crown from Switzerland, the home and legal origin for the charters of the United Nations, the International Monetary Fund, the World Trade Organization, and most importantly, the Bank of International Settlements. Even Hitler respected his Crown bankers by not bombing Switzerland. The Bank of International Settlements in Basel, Switzerland controls all the central banks of the G7 nations. He who controls the gold rules the world.


                      Look what happens when a good citizen wishes to challenge The Beast:



                      Are you for real? The Courts will gut these resisters like fish on a skillet.

                      WTF!

                      Comment

                      • Darkangelyaya
                        Silver Member

                        • Nov 2012
                        • 247

                        #12
                        The Big Case is being heard tomorrow (Wed) at 10h00, Jhb High Court.
                        Although I believe in the validity of this case, I am not holding my breath - Money talks.
                        Taking on The Beast, indeed.
                        ~Anything or anyone who does not bring you alive, is too small for you~ Carina
                        ~The moment you think you know it all, is the moment you know nothing~ Carina
                        twitter: @DarkAngelYaya - Blogger: The Common Garden Variety Goddess - darkangelcarina@gmail.com

                        One Google Page Result away from being Famous

                        Comment

                        • Frankincense
                          Silver Member

                          • Nov 2008
                          • 201

                          #13
                          The validity of the case is not the question.
                          I understand whats going on.

                          The validity of the Judiciary residing over this case, being the Custodian of the very trust we placed in these contravening institutions by the people, who's deliberation you even contemplating holding your breath for, will mark its own homework sufficiently, and gut these "insurgents" like fish on the skillet, after insulting them.

                          Its how they roll.

                          Exhale!
                          Last edited by Frankincense; 19-Mar-13, 10:43 PM.

                          Comment

                          • Blurock
                            Diamond Member

                            • May 2010
                            • 4203

                            #14
                            Here we go with conspiracy theories again. In the USA there are beings pretending to be human. They are actually aliens living amongst us...

                            Come on, lets rather stick to the facts.
                            Excellence is not a skill; its an attitude...

                            Comment

                            • Citizen X
                              Diamond Member

                              • Sep 2011
                              • 3411

                              #15
                              Originally posted by Francois
                              The validity of the case is not the question.
                              I understand whats going on.

                              The validity of the Judiciary residing over this case, being the Custodian of the very trust we placed in these contravening institutions by the people, who's deliberation you even contemplating holding your breath for, will mark its own homework sufficiently, and gut these insurgents like fish on the skillet, after insulting them.

                              Its how they roll.

                              Exhale!
                              A very good evening to you Francois,

                              I have accessed the link you posted. That being said, I want to sincerely satisfy myself that I completely understand where you coming from on this matter and why it is that you believe what you do. Could you share your perspective on things in concise manner for me please?
                              “Success consists of going from failure to failure without loss of enthusiasm." Winston Churchill
                              Spelling mistakes and/or typographical errors I found in leading publications.
                              Click here
                              "Without prejudice and all rights reserved"

                              Comment

                              Working...