Sunday, 23 September 2012

USA Court Deals Blow to U.S. Bank Mortgage Loans

This USA court action has a direct impact on the various legal cases brought against South African banks on virtually the same grounds. The end of the corrupt banksters' empire is near - all we need to do is to understand the unimaginable fraud and corruption - unite as the people of South Africa and create a system for the people - by the people - not by the banskters and our unjust courts and judges that have been upholding this injustice.

(Reuters)
By Michelle Conlin
Fri Sep 14, 2012 7:04pm EDT


The highest court in the state of Washington recently ruled that a company that has foreclosed on millions of mortgages nationwide can be sued for fraud, a decision that could cause a new round of trouble for the nation’s banks.
The ruling is one of the first to allow consumers to seek damages from Mortgage Electronic Registration Systems, a company set up by the nation’s major banks, if they can prove they were harmed.
Legal experts saida last month’s decision from the Washington Supreme Court could become a precedent for courts in other states. The case also endorsed the view of other state courts that MERS does not have the legal authority to foreclose on a home.
“This is a body blow,” said consumer law attorney Ira Rheingold. “Ultimately the MERS business model cannot work and should not work and needs to be changed.”
Banks set up MERS in the 1990s to help speed the process of packaging loans into mortgage-backed bonds by easing the process of transferring mortgages from one party to another. But ever since the housing crash, MERS has been besieged by litigation from state attorneys general, local government officials and homeowners who have challenged the company’s authority to pursue foreclosure actions.
A spokeswoman for MERS said the company is confident its role in the financial system will withstand legal challenges.
The Washington Supreme Court held that MERS’ business practices had the “capacity to deceive” a substantial portion of the public because MERS claimed it was the beneficiary of the mortgage when it was not.
This finding means that in actions where a bank used MERS to foreclose, the consumer can sue it for fraud. If the foreclosure can be challenged, MERS’ involvement would make repossession more complicated.
On top of that, virtually any foreclosed homeowner in the state in the past 15 years who feels they have been harmed in some way could file a consumer fraud suit.
“This may be the beginning of a trend,” says Elizabeth Renuart, a professor at Albany Law School focusing on consumer credit law.
The company’s history dates back to the 1990s, when banks began aggressively bundling home loans into mortgage-backed securities. The banks formed MERS to speed up the handling of all the paperwork associated with recording the filing of a deed and the subsequent inclusion of a mortgage in an entity that issues a mortgage-backed security.
MERS allowed the banks to save time and money because it permitted lenders to bypass the process of filing paperwork with the local recorder of deeds every time a mortgage was sold.
Instead, banks put MERS’ name on the deed. And when they bought and sold mortgages, they just recorded the transfer of ownership of the note in the MERS system.
The MERS’ database was supposed to keep track of where those loans went. The company’s motto: “Process loans, not paperwork.”
But the foreclosure crisis revealed major flaws with the MERS database.
The plaintiffs in the Washington case, homeowners Kristin Bain and Kevin Selkowitz, argued that the problems with the MERS database made it difficult, if not impossible, to determine who really owned their loan. It’s an argument that has been raised in numerous other lawsuits challenging the ability of MERS to foreclose on a home.
“It’s going to be very easy for consumers to say they were harmed because it’s inherently misleading,” says Geoff Walsh, an attorney with the National Consumer Law Center. If consumers can’t identify who owns their loan, then they don’t know whom to negotiate with, and can’t even be certain of the legitimacy of the foreclosure.
In a statement, MERS spokeswoman Janis Smith noted that banks stopped using MERS’ name to foreclose last year. She added that the opinion will “create confusion” for homeowners in the state of Washington while the trial courts consider its effect on pending cases.
Meanwhile, MERS is attempting to remake itself. The company has a new chief executive and a new branding campaign. In Washington D.C. federal lawmakers have recognized the need to create a national mortgage-recording database that would track all U.S. mortgages. MERS is lobbying to build it.
The case is Bain (Kristin), et al. v. Mortg. Elec. Registration Sys., et al., Washington Supreme Court, No. 86206-1.
 

(Editing by Dan Wilchins and Prudence Crowther)
Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political|Tagged Albany Law School, Foreclosure, Geoff Walsh, MERS, National Consumer Law Center, Washington, Washington D.C, Washington Supreme Court

Friday, 21 September 2012

10 Signs That You’re Fully Awake

A great article from www.pakalertpress.com

Isn’t it obvious that there is a significant global awakening happening? Just as the Mayans predicted so many years ago, the apocalypse would become apparent in 2012. But many misinterpret the apocalypse to be the end of the world, when in fact it actually means an “un-covering, a revelation of something hidden.”
As many continue to argue the accuracy of the Mayan calendar, it can no longer be argued that a great many people are finally becoming aware of what has been hidden from them for so long. Of course this awakening is not an overnight process. It takes time to peel away the many layers of lies to get to the core of the ultimate truths.
It would be beyond pretentious for us to claim to know all of the secrets of the universe. We don’t. Every day we are humbled by what we don’t yet know.
However, it is becoming clearer by the day what isn’t true. And by that measure alone, it is possible to determine if you’re one of the people beginning to wake up.

Here are ten signs you may be fully awake:
1. You know there’s no meaningful difference between major political parties (Democrats and Republicans): OR - ANC & DA:  It’s so easy to get caught up the left-right debate and believe there’s a difference between the two major political parties. However, debate is one thing, while actions are another. By their deeds you shall know them, and it is indisputable that there is no significant difference between political parties when it comes to action on the most important issues. Even hardened ideologues like John Cusack are beginning to wake up.
2. You understand that the Federal Reserve, or international central banking more broadly, is the engine of our economic problems: Debt slavery is the totalitarian force that threatens all of humanity, not some temporary political puppet or some greedy Wall Street trader. When a small group of people have the ability to create wealth out of nothing and charge interest on it, they have the ability to enslave the planet to their ownership despite what type of government a country claims to have.
3. You know that preemptive war is never necessary: When we realize that self-defense is the only acceptable form of violence, then we become awakened human beings. To suggest war because someone is different from you, or they may pose a threat in the future is simply ludicrous. And when did the idea of bombing civilians become humanitarian? No one wants war except for the immoral creeps that benefit from it.
4. You know that you’re being systematically poisoned, how, by whom, and why: Admittedly, there’s a lot to learn in terms of how we are secretly being poisoned. But the fact remains that we are being systematically poisoned, and it is likely for the deliberate purpose of dumbing us down and, ultimately, culling the population. Who could believe anyone is so evil to do that to innocent people, you may ask. Well, once you begin to seek the answer to that question, you’re one step closer to enlightenment.
5. You understand that government can never legislate morality, nor should they: When you realize the role of government is only to protect your liberty and work for the well being of the citizens, you’re awakened. There should be one simple law regulating morality: Do no harm. Thus, it’s impossible for the government to enforce morality with guns, cages, and taxes because those clearly cause severe harm to your liberty and our well-being.
6. You know that the mainstream media is wholly owned and manipulated by the ruling elite: A dwindling number of people still actually believe what they hear coming from the establishment media as if it’s gospel, even when they already accept that they are bought and paid for by the elite controllers. Yet, recognizing that they are nothing more than a propaganda machine and a form of mind control are the first steps in being able to critically think beyond the scientific messaging they broadcast.
7. You know that your neighbors are not your enemy even if you have fierce ideological disagreements: This is perhaps the most difficult thing to overcome in the awakening process. But it’s vital to understand that your neighbors have been indoctrinated and hypnotized like the rest of the us, until someone helps shine a light on inconsistencies in our thoughts and beliefs. Most of their ideas are not their own. They are suffering just like the rest of us. It’s okay to condemn their actions if they’re harmful, but those who are awake will not give up on spreading information that can enlighten those who might still be in the dark. None of us were born “awake” and all of us can learn even more.
8. You know that the endgame is one-world control of planet Earth: Once you understand that the endgame for the ruling elite is to have complete control of all vital facets of society through a global government, one-world currency, international armed forces, and so on, it is simple to see through the lies and propaganda surrounding even the most confusing world events. You will never go back to sleep when you fully accept this reality.
9. You recognize that there are esoteric powers manipulating our physical world: Whether you’re a religious or spiritual person, scientific or just plain curious, there are many theories about an invisible force at play in all of this. Obviously it’s impossible to prove exactly what it is. You may not want to believe it, but the ruling elite takes their occult rituals deadly serious. And they likely know something we don’t. Just by keeping an open mind about this possibility, you’ll forever keep an open mind about the things we can actually see, hear, taste and touch. Current science has shown that we can only “see” what the visible light spectrum reveals, which amounts to the tiniest fraction of all that can theoretically be seen within the full spectrum of energy. Part of any awakening is realizing that there is much more that is possible than impossible.
10. The power to change the world rests with you and you alone: For too long people have believed themselves to be weak, or relied on others to change the world for them. You’ll know that you’re fully awake when you realize that you have infinite power to change the world by simply living the change you want to see. First, you have to identify the principles that you believe in and then go out and live by them. If just a small minority took steps to do this, it would shake the establishment to its core.

To read the original article please click HERE

VIVA UBUNTU - THE COUNTRY BELONGS TO THE PEOPLE

Documentary On Genetically Modified Food

Please watch this documentary in the next 24 hours before they remove it. Or if you cannot - you can order the DVD later - it is imperative that you inform yourself. Informed people make informed decisions.
Keep exploring - Michael Tellinger

Click HERE to watch the documentary

Thursday, 20 September 2012

Frequently Asked Questions - Part 1

Frequently Asked Questions and Perceptions about Contributionism.

Part 1:

Here is a set of questions that are most frequently asked and they come up all the time by those who are new to the idea of a world without money. Since 2005, I have been answering these same questions by people all over the world and it just shows us that we have been almost equally conditioned to think the same way, no matter where we are.  As long as we are a part of the current system, it seems that fear is the main underlying motivator to do nothing to challenge the system and in many cases even defend the very system that enslaves us. 
The following statement by Morpheus in the film “The Matrix” eloquently demonstrates this: “The Matrix is a system, Neo. That system is our enemy. But when you're inside, you look around, what do you see? Businessmen, teachers, lawyers, carpenters. The very minds of the people we are trying to save. But until we do, these people are still a part of that system and that makes them our enemy. You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it.”
We have become a fear-driven society – we more often than not operate from a point of fear than love or inspiration -  and the mainstream media is having a great time perpetuating our fears. The fear of death, losing our jobs, our loved ones, and losing our possessions, is one of the strongest. We believe that we have to work really hard all our lives to get to the ‘top’, and once we get there we have to do everything possible to hold onto the status and the stuff we have accumulated.  Each one of us is out for our own success, but the problem is that there are millions of people who also want to get to the top, to ‘succeed’. This is not a sustainable model for survival.  Furthermore, we seriously have to question our measure of success in these times. 
Economy and stock market reports have become the main focus of all the media as if this is the lifeblood of being human. This has slowly eroded our humanity and turned us into drones whose only perceived value is to keep on producing more stuff and generating more money.  This is really a sick, inhumane system that we have become entrapped in without realising it. 
Each aspect of the system is structured to support the well being of the system, and not members of communities. The system is designed to ensure its own survival at any cost  - the cost is our humanness. Our entire education system is geared to prepare us to work at upholding the system and keep us slaving away, chasing the elusive buck.  Is it not true that our lives have become all about work?  These days it is more important ‘what you do’ than ‘who you are’.
I would like you to read these questions and think about each one for a while, to try and figure out the answers for yourself. Think outside the box.  To get to the answers, ask yourself the following questions:
Why is this the current situation? Why is this happening today? What cause it to be so?
How will this situation change in a moneyless society?

Repeat the FIVE POINT MANTRA to get to the answers.
1)    NO Money
2)    NO Barter
3)    NO Trade
4)    No value attached to anything greater than anything else – because all our efforts and contributions are equally valuable.
5)    Everyone contributes their natural talents or acquired skills for the greater benefit of all the people in the community. And therefore everything is available to everyone at all times. So there is no need for hording, no fear of loss and no theft.

Imagine a new structure is in place which has been placed there by the people. People don’t have jobs – but rather they do what they love, what they are good at and what their talents are. We have called it Labour Of Love – not employment. Farmers farm; engineers engineer; bakers bake, etc – all for the greater good of the community to provide abundance for the whole community. There is no thinking about “what’s in it for me”, because everything is in it for you. No more chasing money.  So everybody does what they love, and then for 3 hours per week each person contributes time in one of the many community projects, learning new skills all the time.
It took me a long time to figure this out and systematically shed the capitalistic conditioning I had accumulated throughout my life of education and social conditioning. But our collective consciousness has shifted a great deal since 2005 and I have seen people get the answers within minutes – answers that originally took me weeks if not months to figure out. But if you still cannot get the answers – I will be listing them in a sequence of upcoming papers to demonstrate how simple things can be and how easily we can move from the greed-driven, hoarding mentality of service to self, to a free giving mentality of service to others and our community – which in essence means serving ourselves at the same time. There is no greater honour and satisfaction than the community honouring you for what you contribute to the community – the divine gift of giving – and in giving the universe provides in abundance. In scientific circles this is called the “Law of Attraction”.

List of most frequently asked questions:
1)    If everything is for free, can I just sit on my ass and do nothing and get people to bring me stuff – anything I want?
2)    If everything is FREE, I want 10 mansions and 50 Ferraris.
3)    Who is going to shovel the crap?
4)    Why should I give up all the things I have worked for so hard?
5)    Why should I give you something if you have nothing to give me in return?
6)    If I give you something of value what am I going to get in return?
7)    Is this not just another form of Communism?
8)    What about human nature and the fact that people want to continually better themselves?
9)    Does this mean that we are going back to the dark ages and living in caves?
10)    Is this not a free-for all and a lawless society where everyone can do what they want?
11)    Who is going to make the rules?
12)    What about progress and advancement and technology – does this mean we are going to regress and go backwards?
13)    If there is no money, how are we going to buy things?
14)    Why would I want to slave away all day for free?
15)    Who is going to provide the food?
16)    What will happen with education?
17)    How are we going to get electricity?
18)    Is this not a case of taking from the rich and giving to the poor?
19)    Why don’t we rather focus on improving the economy and alleviate poverty so that everyone has sufficient access to food and other things?
20)    How are we going to import stuff?
21)    Does this not mean a degradation of our lifestyle?
22)    If everything is for free, can I go to your house and take whatever I want?
23)    What happens to the laws and policies and security?
24)    What about those whose education and skills are higher than those of others... is their time not more valuable?

Wednesday, 19 September 2012

We are a part of this Universe

The Universe is in us.  Truly inspirational.

http://www.youtube.com/watch?v=8g4d-rnhuSg

The Minerals Belong To The People

Mining & Minerals

UBUNTU Plan of action
The mining and minerals sector is probably the most important and most sensitive sector to contemplate. It will raise many deep emotions within people from all walks of life because of our long and proud history of mining that goes back many thousands of years to the great kingdom of Monomotapa, and even further back in time.

South Africa is one of the wealthiest countries in the world producing virtually all the precious metals on Earth in large quantities. And yet our people live in poverty, hunger and many are homeless. Sixteen years after our so-called liberation, there is more poverty, more hunger and more homelessness than ever before. It is very clear that something is desperately wrong with this picture.

The sad part is that this immense wealth of the land has been stolen from the people by our government and a handful of international corporations that have laid claim to the minerals and have been given all the rights to take our precious gold and platinum and coal and diamonds from the ground. The people of the land have been reduced to mere slaves who work for these corporations, while the corporations make unimaginable wealth for invisible foreign shareholders.

Our government - “the servant of the people” - has allowed these greedy corporations to do as they please. Their greed has no boundaries and they are slowly turning our beautiful country into a mining wasteland. The coal mining companies are probably the worst culprits. The areas that surround the coal mines and ESKOM power stations have become so polluted and so disturbed that it will take a lot of time and energy to rehabilitate these areas to states of former natural health and beauty.

All of this in the name of greed and profit for the very few - at all costs. The tragic and inhumane massacre of the mine workers at Marikana stands as a chilling reminder that our government holds the legal rights of the mining corporations above the human rights of human beings - the honest hardworking people whom they are supposed to serve.

This cannot continue. We cannot allow our sacred motherland to be continuously raped and destroyed for profit to benefit those few shareholders that continue to enslave our people, and on top of that slaughter our people when they protest against inhumane treatment.

African elders and the custodians of ancient knowledge in Africa and the around the world believe that the Earth is sacred and that we are the custodians of this sacred planet.  It is our duty to protect all living things and to live in harmony with mother Earth and all life. We have to start to live in a symbiotic co-existence with all life if we are to sustain humanity and thrive with abundance while maintaining a balance of all life on Earth.  Only then will we ensure the continued abundance for all future generations.

But we cannot do so as long as we are denied the right to our land and the wealth of our country. It is clear that our land and all it’s natural gifts and resources have been stolen by the government and greedy multinational corporations that have laid claim to it. Before we can start to protect our sacred land we need to remind ourselves of our inalienable rights as the people of South Africa and we have to re-claim that which belongs to all the people.

The Rights of The People

  1. The country belongs to its people
  2. The land belongs to its people
  3. The water belongs to the people
  4. The forests belong to the people
  5. The rivers and lakes belong to the people
  6. The gold, the platinum, diamonds, chrome, copper, iron, uranium, tin, aluminium, and all other minerals in the ground belong to the people
  7. The air and the airwaves and frequencies belong to the people
  8. Everything that grows on the land belongs to the people
  9. The beaches, the mountains and the skies above belong to the people
  10. The wild animals do not belong to us or anyone else, they belong to the planet and we are their custodians and protectors
  11. The Earth is our MOTHER – we are only here because of her – and therefore we must honour her and protect her against harm.


All these things DO NOT belong to the politicians, the government, or any corporation who has unlawfully claimed exclusive rights over it.
The government has stolen the country from its people. We, the people, need to take it back!

We need to stress the difference between “nationalisation” and “ownership by the people”. 
“Nationalisation” means owned and controlled by the government. This policy is used as a means to control the people.
“Ownership by the people” means the people themselves benefit from all the natural wealth of the country and they themselves hold the deciding power as to how to use the resources and wealth for the benefit of all.

The ‘Government of South Africa’ AND ‘The Republic OF South Africa’ are both registered as Corporations on the US Securities Exchange (see the articles and evidence of this on our website). This means that our government is using the people and the wealth of our country as commodities to be traded on the global stock markets. This comes as huge shock to many when they first discover this – so be prepared to face some spine-chilling revelations as we share more information with you and hopefully make every South African realise that we have become the slaves of our government without realising it.

For all these reasons the Ubuntu Liberation Movement, through the political front of the UBUNTU Party, proposes the following steps to be taken by the people.


  1. Every mine in South Africa becomes the property of the people with immediate effect. (Not the property of the government – that would be called nationalisation.)
  2. A Council Of Elders will be appointed by the people of South Africa, consisting of the most trusted and respected individuals, to look after the interests of the people in this regard – this council will have absolute control to implement the will of the people – not the will of the corrupt politicians who are controlled by powerful multinational corporations.
  3. All foreign shareholding in all mines or any directly related activity will be cancelled immediately.
  4. This includes the production of all metals, alloys, steel and so forth.
  5. A comprehensive program to expand the refining and manufacturing industry will be implemented immediately. There is no need for us to export anything for the sake of re-importing it in a refined form. This has been a devious convoluted system to create wealth for politicians and corporations on both sides of the import-export fence.
  6. All exports of minerals, coal, iron ore, diamonds, or any other resource that comes from our ground or is mined in any way will be stopped immediately.
  7. South Africa will produce only as much of these commodities as is required by the people of South Africa for the various industrial sectors of our own society and other needs that may arise as the process of transformation takes place.
  8. The Council of Elders will decide on these actions as is demonstrated by the will and need of the people. The people will remain in full control of this process and fully informed of the exact status of all mining activities.
  9. Remember that we will do whatever is necessary, or needed by the people, to create abundance on all levels of society. This means that new opportunities and new activities will constantly arise and will be implemented on a regular basis.
  10. We will not continue to enrich foreign shareholders and allow our precious commodities to be stolen from us and traded on the global stock markets at the expense of our people, who are being used as slaves or cheap labour.
  11. The new money system or currency adopted by the people will be linked to the mineral wealth of South Africa. This will make the SA currency the strongest currency in the world with immediate effect – because all the other major currencies are FIAT currencies with absolutely no intrinsic value at all – other than the confidence of its people.
  12. The people will decide how to proceed and how to develop the mining sector into the future so that it provides a real tangible benefit for the people in every sector of our society and in every community.
  13. This will open up a new exciting era of research and development by our brilliant scientists, engineers and inventors for the greater benefit of all the people.

More will be written on this paramount subject in the weeks to come. Please think about it and imagine the possibilities once the people are in control of our own mineral wealth!
VIVA UBUNTU – VIVA PROSPERITY AND ABUNDANCE FOR ALL
The country belongs to the people!!!


Moeletsi Mbeki: Only a matter of time before the bomb explodes

Moeletsi Mbeki reports in Leader.co.za

I can predict when SA’s "Tunisia Day" will arrive. Tunisia Day is when the masses rise against the powers that be, as happened recently in Tunisia. The year will be 2020, give or take a couple of years. The year 2020 is when China estimates that its current minerals-intensive industrialisation phase will be concluded.

For SA, this will mean the African National Congress (ANC) government will have to cut back on social grants, which it uses to placate the black poor and to get their votes. China’s current industrialisation phase has forced up the prices of SA’s minerals, which has enabled the government to finance social welfare programmes.

The ANC inherited a flawed, complex society it barely understood; its tinkerings with it are turning it into an explosive cocktail. The ANC leaders are like a group of children playing with a hand grenade. One day one of them will figure out how to pull out the pin and everyone will be killed.


Read the full article by clicking HERE

Tuesday, 18 September 2012

After The Fall of Wall Street - A World Without Money

UBUNTU Contributionism – A NEW SOCIAL STRUCTURE 

On the 22 Sept 2011 I had my first ever public appearance to speak about Contributionism and the foundations of UBUNTU in a world without money. Speaking in front of the South African Parliament in Cape Town to about 500 people, it was an interesting experience, because most of the people who were present have never heard of me or my research before. So it was a real challenge to convey a complex message in a few minutes, to many who would normally be sceptical about some stranger with a radical message. But seemingly it went well and I believe that a seed of consciousness was planted. http://www.youtube.com/watch?v=qjp3ki2M32g

Every day we see the undeniable signs of the economic structures around us collapsing and people around the world are rapidly waking up to the fact that we need a new system. Many are also waking up to the fact that money is a maliciously constructed tool of enslavement, by those who control the supply of money. The banks, central banks, stock trading establishments and the legal system has been carefully crafted over thousands of years to bring us to this point in time.

A prophesised moment of global awakening, along with the rapid rise of consciousness is making millions of people around the world realise that this current system we are trapped in cannot continue. Its imminent collapse presents us with real challenges. What will we replace it with - if there is NO MONEY?

Many economists are baffled by the fact that the global economy somehow keeps crawling along, refusing to collapse. This is simply because of the desperate measures taken by those who control the supply of money to keep propping it up with empty promises and more fictitious money being created to entrap the people of the world in more debt. This simply means that once it crashes, it will be a monumental mess of unimaginable proportions.

What do you think will happen when the financial grid, and power supply, water and food supply, goes down for an extended period? If we do not have a plan of how to survive in a world without money, it will not be pretty. The urban and metropolitan jungles are most vulnerable - no food, no water, no heat, no electricity, no transport... we simply do not have plan for this kind of situation – and in these times of drastic change we need one now.

Part of the UBUNTU Contributionism plan is a rapid decentralising programme, where people live in smaller towns that are virtually completely self sustained. Water, food, housing, free renewable energy, and all the communal resources that the people contribute towards the greater benefit of all. Abundance for all – in all areas of life.

The answers to the problems are simple. As in science and physics, the simple answers are mostly always the right ones. But because of MONEY, the solutions to the global problems are not implemented - because they are not "financially viable". This has been the biggest obstacle to all progress. All the basic human needs and services required by communities are denied to the people because, apparently – there is not enough money. Everything is possible, all problems are solvable, but because of NO MONEY we are denied our basic rights.

Engineers, scientists, bakers, farmers, manufacturers are producing stuff all the time. The shops and malls are full of stuff – full of food ... and yet people go hungry all the time and millions of tons of food gets discarded every year, because people could not afford to buy it. Money is the hurdle to all progress. Most of the global population lives in quiet desperation, misery, deep depression, waiting for some kind of miracle to save them from their lot.

The cure is simple – remove the obstacle... remove money. Once money has been removed from society, everything becomes easy - NOT difficult. No obstacles to progress means "abundance for all". Instead of using all our energy and most of our time chasing money, we will be spending most of our time to contribute to the abundance on all fronts. Whether it is food, science, technology, housing, energy, arts, culture, and many other new human activities that are not part of our current structure, will emerge - because of “no money”, they will now be financially viable.

I call this the "natural order of things". The way that nature has designed it. But the balance has been disturbed by greed and EGO. Those that are consciously awake and connected to the higher cosmic etheric fields know exactly what this means. But consciousness has a wonderful way of effecting all things, without us even realising it. Our DNA is constantly being activated by the energy waves and frequencies that now reach us from the galactic centre. Frequencies that have not been felt by humans in about 13,000 years.

This is really the main reason why so many millions of ordinary people are suddenly "waking up" from what was a long and dark period of ignorance and separation from the universal source and UNITY. The feeling of reckless abandon is evident in the many protests all around the world. People have had enough. They instinctively know that there is a better way. SO - in this darkest moment in human history there is the brightest opportunity for change. Let us embrace it with all our hearts, leave any doubts behind, and swoop the sceptics along - everyone will eventually see the light. It is inevitable.

 Since we all come out of unity, UNITY is the only way ahead. We are a deeply divided and abused species. Divided on every possible social level that we can imagine. We have to cross these deep divisions and find unlimited UNITY. We are all one, and the same divine spirit is in all of us - the unifying spirit of the divine source of things. Some people call it GOD.

God is in all of us and we are all part of God - all the great masters of the past have tried to teach this principle to the people of their time. From Krishna, the Buddha, Christ and many others. WELL - the time has come again to embrace this simple principle of unity. Only a unified community will survive and find abundance on all levels which will allow them to rapidly move towards enlightenment. Anything else is doomed to failure.

A future world in UNITY and abundance, cannot operate within a system of money, or anything remotely related to it. Any such notion is simply flying in the face of the laws of nature. But our minds have been so severely poisoned by ‘capitalism’ and ‘democracy’, ‘success’ and other feel-good expression that drive this crazy consumerist society, so much so that most of us do not realise the deep traumatic strangle-hold of this poison. But the road to healing begins with the realisation that we need to be healed. So... let us begin the healing from our ego, capitalism and separation, which causes the fear that keeps us divided – and locked behind closed doors.

I say this not in arrogance or ego, but because like many before me, I too have realised that we all come from the same source of unity - the divine source. All the physical matter in the universe, including our bodies, are made up of the same stuff. Electrons and protons make up the atoms that make up the molecules and cells and minerals that make up everything we perceive. We are all just a mass of electrons - arranged in different configurations - that vibrate at a specific frequency to produce a specific kind of matter.

Scientists sometimes ignorantly call this source of all “the Big Bang”. But according to the great spiritual masters and ancient texts, it is the breath of God, or the word of God, or the sound of God, that has created all this stuff. And God does not take credit cards, debit cards, cash or gold. God just is. Infinite creation of abundance.

So, let us clear our poisoned minds of capitalism or the need for any kind of money, and embrace a new world of abundance. Join the UBUNTU movement and spread the message of abundance for all... in a world without money - filled with ever-growing knowledge and UNITY, towards higher consciousness and enlightenment, where everything is possible because it is not created by money, but it is created by people. Living, breathing human beings of flesh and blood and infinite soul.

Michael Tellinger - 4 October 2011

Monday, 17 September 2012

Standard Bank Faces FIVE Counts of Civil Fraud.

The summons consist of 5 counts of civil fraud and 3 counts of contravention of the Bank Act. As far as we know this is the first time ever that any bank has been taken to task on charges of fraud. There is no doubt that this will escalate into a major media story as soon as it leaks out and the media realise the astronomical implications of this case. 
In all the court appearances that we have had to date, that is Tellinger and many other individuals who dared to stand up to the seemingly insurmountable power of the banksters, the banks have never been questioned by the highly suspicious judges and/or put to task about the process of securitisation; the legal ownership of the actual loan or debt; the whereabouts of the original Promissory Notes; profiteering and undue enrichment; claiming to act as a bank when in fact they act as an agent or intermediary and other breaches of several codes of conduct. In essence, the judges have accepted everything the banks claim as ‘holy gospel’ while treating the people as guilty criminals. Now, Tellinger has become the applicant and we trust the courts and judges will be as harsh with the banks and their lawyers as they were with the people when facing what seems to be trumped up and unlawful charges by the banks.
It is important to remind our judges that they are the servants of the people and that they should start behaving as such – serving the people and delivering impartial justice based on evidence from all sides after duly considering the arguments of all parties. Our experience has shown that this is NOT the case. At this stage they seem to behaving like servants of the corporations, raising many questions about possible backroom deals and possible pay-offs to get certain judgements in favour of banks.
The Ubuntu Movement is investigating launching criminal charges against all the banks in the near future. We have already received 200 emails in support from people who want to join in the possible criminal charges. But our strength lies in the numbers of people that join us in the case, and the more affidavits we have the stronger our chances of waking up the judges and forcing them to critically cross-examine the banksters.
Until now their highly paid lawyers have been getting away with lying under oath (we have this on record for those who doubt us), presenting unacceptable affidavits on behalf of their clients, and using the highly complex court rules to avoid justice, while the banksters continue to unlawfully repossess property and executing it, and plunging millions of honest and hardworking South Africans into financial ruin which in many cases leads to suicide. There can be no greater abuse of power and the law that is currently exhibited by the banksters.
It appears that what we are dealing with here is the largest organised crime syndicate on planet earth – crippling humanity and getting away with it because of uniformed and ignorant judges who refuse to ask simple questions to put them behind bars. So for now, share this information with others and email us your details if you want to join in the possible criminal charges action the banks. We will send you a short affidavit to fill in – very simple and quick. We hope to get more than 1000 people to join in the action. 
Email us at criminalbanks@ubuntuparty.org.za

How Do We Stop The Banksters From Stealing Everything From Us?

What are we going to do to stop the banskters from stealing our land and country? 

We in South Africa can escape this while there are still African Elders of wisdom and integrity alive. One of the founding member of the USA was clearly a visionary and a humanitarian - holding human rights above all other. This is what he had to say about the bankers and government. Only we, the people can stop the financial and economic tyranny from destroying us all. Read the principles of UBUNTU Contributionism and share them with others.

Thomas Jefferson on Governments.

A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government. I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.

Thomas Jefferson on Banks.
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”  


This is firmly the philosophy of the Ubuntu Liberation Movement and the UBUNTU Party. Please inform yourself of the events in Iceland in 2010, where the people took back the the control of issuing money from private banksters and a corrupt central bank.
 








Saturday, 15 September 2012

Hungary Follows Iceland Plan Dealing With the Banksters and Corporate Gangsters

The Lone Star Watchdog - reports...

What is more of a threat to our liberties then standing armies is the banking cartel and the corporate oligarchy. These corporations and the Bankers seek to have a monopoly over a commodity or something the people need  crushing any form of competition that will rival their control.
Iceland broke up the banking cartel monopoly on the money supply because it had a choke hold on their economy. When central banks have a monopoly of issuing and controlling the value of the currency creating debt slavery. The Iceland economy was in near ruin. The people of Iceland took back control from the bankers and said no to a debt the nation did not owe. They arrested the bankers and the agents in the government. Now the economy is rebounding since the bankers are no longer in control.

Hungary threw out the IMF and Monsanto
Both of these corporate entities are seen and been proven to be a real threat to the republics’ sovereignty. Monsanto products making people sick eating GMO food. This multinational corporation trying to have a monopoly on the food supply and the seed distribution. Monsanto can be linked to killing livestock and the death of honey bees. I give kudos to Hungary, I hope other nations follow their lead throwing out these monopolies out of their countries.
Hungary also is throwing out the IMF was another good move. Everywhere the IMF has been involved, the nations are under crushing debt ruining the economies to poverty. The people of Hungary better be aware of foreign agents coming trying to destabilize the nation trying to overthrow the government so the ruling class can install a banker and corporate puppet putting the people back in debt slavery. We need more anti banker and anti monopoly insurrections around the world to defeat these oligarchs.
The truth is the world is waking up to the fraud of the banking cartel and the ruling families who control them. I see the day of these multinational oligarchs days bullying nations is coming to an end. The world is waking up to the threat these robber barons pose to the well-being and security of their future.  One of these days, they will mess with the wrong leader who will not be intimidated by these Robber Barons.
The day is coming when there will be a worldwide manhunt for these robber barons and their puppets for committing crime against humanity and fraud. The more nations who that stand up to these oligarchs, the choke hold these bankers have on the world will weaken. English writer and philosopher Edmund Burke said” in order for evil to thrive is for good men to do nothing” The good men of Hungary, stand your ground no matter what.
The Private central bank is an injustice that must be dealt with and defeated. I pray the Hungarian people stand their ground and not be intimidated by the Robber Barons. Do not cower of the threat of civil wars or economic depression. Do jot budge an inch for them nor compromise. They have nothing left to lose and everything to gain saying “hell no”
We are seeing the beginning of the end to the banking cartel around the world. The world sees them for what they are. that is pure wickedness and evil. The bankers do not have the luxury of controlling information and stealth as they did in the past. Their arrogance will be their demise in the end. At this point Iceland proved the bankers can be defeated. The people of Hungary should see this as hope for the future.

Click HERE to read the original article on the Lone Star Watchdog website.

SABC NEWS - SA BANKS Steal Money From People's Accounts

The bankster's unlawful activity is making it into the news on a daily basis.

Click HERE to view SABC NEWS Clip.

Now, we the people have to take the final step and close these fraudulent corporations down. This will take some doing and we have to stay strong because our experience in South Africa has shown us very clearly that the law and the courts and the ignorant Judges support these activities by the banks in favour of the financially crippled people, whom the courts are supposed to serve.
Remember that the courts are "people's courts" and the judges are “servants of the people” - but they behave like servants of the crooked corporations on a daily basis. Their biased and unjust rulings have plunged millions of hard working honest South Africans into financial ruin and misery because the Judges do not seem brave enough to actually cross examine the banks when facing them in court.
Sooner or later this empire of corruption has to collapse and we need to plan for exiting times ahead when people will be liberated from this full blown onslaught against humanity by a small group of banking families that seem to rule the world.
The UBUNTU Party proposes as an interim step the creation of a central People’s Bank that operates on completely different principles and produces a new ‘real’ form of money that has real value unlike the baseless ‘fiat’ money we have today with no value at all. It has to be supported by gold or other precious metals in SA and therefore truly become the currency of the people, supported by the confidence of the people and most importantly - does not charge any interest. This will be explained in more detail in other papers.
The charging of interest is a concept created by the global banskters a long time ago to keep people enslaved while creating incredible wealth for themselves. In 1225 St. Thomas Aquinas stood up against the bankers/ money lenders claiming that the charging of interest is wrong because it applies to "double charging," Charging for both the money and the use of the money. Church law in Middle Ages Europe forbade the charging of interest on loans and even made it a crime called, "usury."

To view the NEWS clip - Click HERE

Friday, 14 September 2012

The People Will Not Forget Marikana


The brutal ambushing of desperate mine workers in Marikana was a major turning point in South African history. It is equivalent to any of the unthinkable atrocities perpetrated by the apartheid government and it will have a major lasting effect on how people perceive the government from this moment on and how they turn their back on the corrupt leadership in the very near future. The prophecies of the ancients are coming to pass. 

It is time to connect with the ancestors and take guidance from them. This sacred African tradition has however been maliciously and actively marginalised by the greed of modernisation and the rise to power by a few unscrupulous individuals in our beautiful country that call themselves our leaders.
They are not our leaders. They have betrayed the people and desecrated everything held dear by those who truly love Africa as their Motherland.  

I see this event as a fast-forward switch for people to unite and rapidly grow towards higher levels of consciousness that will transcend draconian rule and psychological oppression.

VIVA UBUNTU – VIVA UNITY – VIVA THE MINERALS BELONG TO THE PEOPLE

Read the gripping and shocking article by Arthur Mackay below.


Marikana Massacre: All this to protect an Oligarch?


Amidst all the confusion after the shooting of 44 protesting miners at Lonmin’s Marikana platinum mine in South Africa, we should not lose sight of the astonishingly simple underlying issues.
We are told the workers are demanding that their wage be raised to R12,500 per month (about $1,500) but the workers claim their salary is already at this level. They say they are sub-contracted by a company owned by billionaire South African oligarch Cyril Ramaphosa. He only pays them R5,400 or less and pockets the rest paid out by Lonmin.

If this is so then agreeing to the workers’ demands would cost Lonmin nothing and the whole dispute is between the workers and Cyril Ramaphosa. Instead of saying this however, Lonmin has placed itself between the two and taken responsibility for negotiating a pay rise which no one has asked for. Doing this, Lonmin is placing Cyril Ramaphosa’s private interests above those of its common stockholders and is neglecting its fiduciary duties. It is also leaving itself open to litigation.

Cyril Ramaphosa in fact owns 9% of Lonmin but was paid out $304m in cash by the company in 2010 in a deal backed ultimately by Xstrata. By comparison common shareholders have received only $60m in dividends in the last two years and have incurred over $2.5bn of paper losses. What the workers are requesting is that Ramaphosa share with them about $18m which he is taking from their wages.

When Cyril Ramaphosa bought 50.03% of Lonmin’s Black Economic Empowerment partner Incwala Resources in 2010, Lonmin put up the $304m in cash which he needed. Lonmin funded this with a share issue to which, according to Lonmin, Xstrata was the key subscriber. Since then a further $51m of credit has been extended to Ramaphosa.

Ramaphosa’s company also provides all of Lonmin’s welfare and training services and for this he may have been paid at least $50m in 2011 alone. Based on the worker’s demands and their living conditions, we can guess at how much of this reached its stated purpose. Companies linked to Ramaphosa were also paid “advance dividends” by Lonmin of $20m in the last two years.
All-in Lonmin seems to have paid Ramaphosa and his related companies well over $400m since he bought into the company. This is about 25% of Lonmin’s current market value and is a very large amount for a man who was supposed to be doing the paying when he bought his stake.
And this is not all.

The Marikana conflict is portrayed as a dispute between two unions, the hegemonic NUM and a small new union, the AMCU. But the NUM has been Cyril Ramaphosa’s vehicle since he founded it in 1982. He was its Secretary General until 1998, the year he went into private business to become a billionaire. This has led to claims that the ANC has instituted a form of modern day slave labour. The workers’ employer and their union are effectively the same person. Is it surprising that the workers worry that their union is not wholeheartedly defending their legal rights?

All this casts the Marikana conflict in a very different light to what we have heard so far.
The dirt-poor Marikana workers, many from Lesotho, living in slums, wearing rags, are asking for an extra $750 per month from one of the most powerful figures in the ANC and one of the richest men in the world, and they are openly calling him an exploiter.
Such a debacle, which calls into question not only Lonmin, Xstrata and Ramaphosa but also the whole ANC hierarchy, the reality of the “New South Africa” and the credibility of the ANC’s many foreign supporters, not least those in the United States, helps to explain the speed and the savage brutality of the reaction.

On 16th August, 6 days into the strike, the police opened fire injuring 112 and killing 34.
Local witnesses claim the workers were not charging at the police but were fleeing from them as tear gas was thrown at them by another police detachment. Autopsy reports apparently confirm many were shot in the back.

At the time Jacob Zuma, President of South Africa, was in Mozambique at an SADC meeting. He returned to South Africa but only one day later. He visited Marikana briefly but stayed away from the main area. A full five days passed and only then did he return and visit the crime scene. On the day of the attack Ian Farmer, the CEO of Lonmin, was diagnosed with a “serious illness” and still has not returned to work.

A few days later the 270 men who were arrested were charged with committing murder. They allege that they were stripped in their cells and beaten with sticks. Once an international outcry began and it became apparent that the publicity of a trial could be counterproductive, they were quickly released.
Even with the above illumination, some crucial questions still remain.
How could Cyril Ramaphosa exercise such influence over Lonmin’s Executive Board to be able to effectively bend it, and potentially the Board of Xstrata too, to do his bidding? And what truth could the South African government have been so desperate to hide that it was judged better to risk everything and open fire on its own people, rather than let it see the light?

The answer lies at the heart of the bitter fallacy of the South African commodities boom and the emerging markets paradigm which we have lived in the last 15 years. The sad truth is that nothing has changed, or, more accurately, nothing has improved.
In the past there was one oligarch and one South African mining company. They officially opposed the apartheid regime and were liberal but conveniently continued to export gold and diamonds from South Africa up to and beyond 1994.

Today there are five to ten oligarchs. They are black and they are African. They too oppose apartheid and they too are exporting all of South Africa’s gold and diamonds at the present time. The reason Cyril Ramaphosa could ransack Lonmin in the way he has is because he effectively is Lonmin. Lonmin exists in many ways to serve his interests and its foreign shareholders would do well to understand this. The whole debate about nationalisation is therefore completely moot. South Africa’s mines have already been nationalised and given over to a ruthless tyranny, signed, sealed and delivered by the many cheerleaders of the ANC overseas.

So what will happen next? In fact the next Marikana has already occurred. Tear gas was fired and four workers were shot two days ago on a gold property near Johannesburg controlled by another oligarch, Tokyo Sexwale. The strategy of the ANC’s opposition, which is correct given the extent of the disenfranchisement since 1994, will be to now target every oligarch. It will be demanded that they return much of what was taken. But this will never be done voluntarily and so this conflict, just like the apartheid struggle, will go on for many years.

Will this really be the lasting legacy of the post-apartheid era? Is this what Nelson Mandela’s years in prison, Bill and Hillary Clinton’s ringing endorsements, Bob Geldof’s concerts and Bono’s songs were meant to bring to us? Will they all now leave the world in darkness, with a set of fearful problems for a future generation to sort out? We will have to hope for the best but prepare for the worst.

* Arthur Mackay is an analyst of global economic and political issues.
To read the article in its original post click HERE



Get Monsanto Out Of South Africa - NOW

There are very few activities on Earth that are more inhumane than the continuous action by Monsanto to control the global food supply through its genetic manipulation. Please research this for yourself – and tell everyone. We cannot allow corporations like these to steal our countries and our world from us - by starving us into submission.
The UBUNTU plan is to give the South African farmers all the support they need in all areas, so that they can start growing every kind of crop in so much abundance that we literally do not know what to do with all the leftover food. This is a good and simple plan. The point is - that farmers know how to grow food but they cannot do so because of lack of "money" or government constraints that are devious beyond our belief. This cannot be allowed to continue. Food and water is the most basic need for our prosperity and we need to take control of this now - before it is too late - before our government has sold all these rights to corporations like Monsanto and others hat we are not even aware of yet.
Dr. Mercola explains more below.

  • Monsanto recently contributed $4.2 million to defeat California’s Proposition 37 – a bill that would require labeling of genetically engineered foods
  • Many other companies, including Dupont, Dow Agro, PepsiCo, and even some of the largest member-donors to the Organic Trade Association, have also contributed millions to the effort to defeat labeling. Currently, $25 million has been raised in opposition, compared to $3 million in support of Proposition 37
  • Understanding how Monsanto manipulates the system is crucial to understanding why Americans are not allowed to know if their food has been genetically engineered by simple labeling, as around 50 countries around the world already do, including Russia, China and the entire EU
  • The California ballot initiative is an end run around Monsanto’s government controls via the FDA and USDA. For the first time in the US, the decision to label genetically engineered foods will be put into the hands of voters. 
 Read more about what Dr Mercola has to say on his website: Lick HERE

VIVA UBUNTU - VIVA SUPPORT THE FARMER

 

Thursday, 13 September 2012

Global Trade Agreement To Enslave The World - Trans Pacific Partnership

THE TIME TO UNITE AND CHANGE OUR FUTURE IS NOW

A new devious and unscrupulous deal called the Trans-Pacific Partnership (TPP), is cunningly written to protect investors from government regulation, even if that regulation is passed in the public interest. Leaked versions suggest the TPP would undermine protections for air and water safety and reintroduce measures from the US Internet freedom attack as well as steamrolling efforts to produce generic affordable medicines. Worse still, lawmakers who fail to conform to the TPP’s rules face sanctions in an international tribunal -- a place where corporations can sue us for deals previous governments signed in secret!

Negotiators say this is just a trade agreement, written to facilitate investment and profit for all. But the leaked draft imposes so many limits on citizen protections, it's clear this "trade" agreement is skewed to put corporate profit above people's needs -- that's not surprising since it's been drafted in secret with almost 600 corporate lobbyists.

But there is hope: Australia is bucking against the international tribunal system, and New Zealand is objecting to the takeover of its medicine-pricing protections that keep drugs affordable. Massive public opposition, casting doubt over each country's ability to sell TPP at home, could derail the talks for good. Sign the petition now, and forward widely -- the delegates and lobbyists are watching the wave of opposition grow in real time:

You can sign a petion created to help STOP this onslaught against humanity - below. 
 http://www.avaaz.org/en/stop_the_corporate_death_star/?bkIyscb&v=17801

US Senator, Elizabeth Warren in a recent speech said: “Corporations are not people. People have hearts, they have kids, they get jobs, they get sick, they cry, they dance. They live, they love, and they die. And that matters, because we don't run this country for corporations, we run it for people." Let’s reach one million to stop the corporate takeover of our governments. 



The UBUNTU Party and the UBUNTU Liberation Movement's sentiment is the same. Let us regain our true humanity and the rights that are inalienable to humans - not corporations. Only united communities that work for the benefit of all will prosper in the near future. Let us embrace the beautiful principles of UBUNTU Contributionism and unite to stop the growing tyranny against humanity by corporations and corrupt governments.


FOR MORE INFORMATION - Read the following links:

The Nation: "NAFTA on Steroids"
http://www.thenation.com/article/168627/nafta-steroids

The Guardian: "The Pacific free trade deal that's anything but free"
http://www.guardian.co.uk/commentisfree/2012/aug/27/pacific-free-trade-deal

Huffington Post: "Leak Cracks Open Trans-Pacific Partnership Scandal"
http://www.huffingtonpost.com/ian-fletcher/leak-cracks-open-transpac_b_1594675.html

Reuters: "Lawmakers press for open Trans-Pacific trade talks"
http://www.reuters.com/article/2012/06/27/us-usa-congress-trade-idUSBRE85Q1MK20120627

TechDirt: "Hollywood Gets To Party With TPP Negotiators; Public Interest Groups Get Thrown Out Of Hotel"
http://www.techdirt.com/articles/20120131/23161417605/hollywood-gets-to-party-with-tpp-negotiators-public-interest-groups-get-thrown-out-hotel.shtml

Electronic Frontier Foundation: "Background and analysis of the Trans-Pacific Partnership Agreement"
https://www.eff.org/issues/tpp

Wednesday, 12 September 2012

Critical Questions That Banks Refuse To Answer

Today, the UBUNTU Party sent a list of "critical" questions relating to the possible unlawful activities of South African banks. These are amongst the questions that have repeatedly been refused to be answered by the banks after hundreds if not thousands of requests from their clients - the hard working and trusting people of South Africa. 

We believe that the banks have been avoiding answering these questions at all costs because it may directly implicate them in ongoing deceitful activity and possibly may even incriminate them in fraudulent activity that runs into the TRILLIONS of Rands worth of extortion and fraud perpetrated against the South African people.

Below is the email and list of questions that was sent to the following bodies and ministers today  - 12th September 2012. We have allowed them 14 days to answer.
Minister of Justice; Minister of Finance; Ombudsman For Banking Services; National Credit Regulator; Banking Association SA.
Mike Van Niekerk - Ubuntu Party

Re:      COMPLAINT WITH REGARDS TO JURISDICTION OF BANKS WHEN DEBT IS SECURITISED

Dear Mr Conradie (Office of The Bank Ombudsman)

I write to you on behalf of the UBUNTU Party, a newly formed South African political party that has part of its mandate to help liberate South Africans from the ever-growing financial hardships. It is in the interest of the greater public that we require your urgent response to the matter and questions below. Since this is a public matter of the highest order that affects every homeowner, this communication will be made public via the media in anticipation of your response.

It has come to our attention that during the process of securitisation the banks have sold their rights as creditor, therefore it cannot in accordance with current legislation demand, collect and institute civil proceedings against their debtors. Furthermore the South African Reserve Bank does not purport to control nor administer the processes of securitisation by the banks.

Irrespective of the above standing the banks however continue to ‘act’ as creditor in violation of section 78(1)(g) of the Bank Act, 94 of 1990 by not giving notice to the debtor that its asset (debt) has been sold on to a third party, and that the bank now acts as agent, intermediary or other legal entity, other than a bank. Given the seriousness of these findings and the devastating effect it has had on the people of South Africa, we urge you, as a matter of urgency, to answer with absolute clarity the following questions:

  1. Since the banks do not have locus standi or right to institute pre-legal or legal action against its debtors under the conditions mentioned above, why are the actions by the banks to persist in acting as creditor not guided or regulated by yourselves?
  2.  In relation to the above, what steps has your organisation/department taken to curb, interject or assist the public to determine whom the debt belongs to after a securitisation process?
  3. Furthermore, if a bank places a default debt onto a credit bureau list, it is doing so without the proper legal authority to do so. Why has this not been brought to the attention of the different credit bureaus?
  4. What steps have you engaged in or taken to bring the public’s attention to the aforementioned aspect?
  5.  What, if any, proposed steps should be taken to correct infringements like credit reports, judgments and current actions pending before courts, by banks without the legal right to do so?
  6. What steps are you going to take to bring the aforementioned to the attention of the public?
  7.  What corrective measures do you propose, would be reasonable, to correct the unlawful infringements of more than a decade, under which securitisation had been practiced by South African Banks?
  8.  What corrective measures do you propose to be launched by the banks to resolve and repay the damages caused by their historical action where unlawful legal action took place?
Your comments and answers to the above will be appreciated within the next 14 days hereof.
As this matter is of substantial public concern, we advise you that a public statement will be made by us to the media on these questions.
Yours sincerely

Mike van Niekerk
Vice President – UBUNTU Party.