Our banks are being sued

SilverNodashi

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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
 
Oh dear, nutcases.

They immediately meet criterion #1 of conspiracy theorists: trying to prove their ideas with video clips.
 
Oh dear, nutcases.

They immediately meet criterion #1 of conspiracy theorists: trying to prove their ideas with video clips.

Puts on tinfoil hat

and hides in closet with a broom stick.

I havent actually read or watched any of that, have any of you? I will give it a look later on.

If you have input as to why its a conspiracy theory, please share. As amusing as the whole tinfoil hat gag was (in the 90's :p ) maybe some constructive comments would be good?
 
A bit off topic ...

Does anyone know of a large scale conspiracy theory that has ever been warranted?
 
lmao. Pretty sure a 15 year old wrote that.

Does anyone know of a large scale conspiracy theory that has ever been warranted?
Will need to think about that. Pretty sure there is something along those lines, depending on your idea of "large scale".
 
This post made my Volkskas denim savings card glow.

I remember my denim card. When Absa became ... well Absa ... they cut my card up with a pair of scissors and gave me a new sterile card. :(

I would have liked to have kept that card.
 
Back in the day you could deposit R50 and get interest, these days the R50 deposit is used for admin fees and you don't get any interest.
 
Back in the day you could deposit R50 and get interest, these days the R50 deposit is used for admin fees and you don't get any interest.

Back in the day people got money from the government if ou were over 65.

Today people (girls) get money from the state if you lie on your back, spread your legs and succomb to a young lad's lusts.
 
Old people spend about 65 years to get some allowance from the state.

Young girls spend about 5 minutes to also get an allowance from the state.
 
Hope the mothership picks them up soon, theres more than enough crazy going around, dont need any new faces :)
 
Seriously?

I thought this lot of nutjobs had been put in their place already....
 
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