A Public Notice on the 8th January 2009 announced a pending Peoples Grand Jury to enquire into Banks and the Banking System.
MEDIA RELEASE 8/2/09
CORRUPTED BANKING SYSTEM BLOW UP
A projected million plus Australian home owners will soon be homeless due to inappropriate repossession of their homes. An unprecedented action to implement a Peoples Grand Jury aims to investigate, and change through referendum a corrupted Banking system. The historic People-based initiative for reform has emerged in the wake of long standing allegations of Human Rights Banking violations. Inflation is the reduction of the value of minted money. The root cause of inflation is the creation of counterfeit " Debt Money", called Credit. Under the * Fractional Reserve Banking System, for every $1 of assets, banks are artificially creating $10 or more "Debt Money" and loaning it out as so called Credit. Borrowers signatures on a Credit loan application are used to "Monetize" Debt by artificially creating counterfeit "fiat money" which doesn't exist, except on Banks computer screens and books of account. The People contend that minted Money is a medium of exchange between People who give and receive "labour", and that no one has the right to create "Money" out of nothing and charge "interest" for its use. To do so is to turn People into serfs working as indentured servants to a financial ruling class. The Grand Jury process will include closed session "Truth Hearings" to allow bank employees to give evidence under confidentiality protection. Where Banks have operated under corrupted processes in the past, under the Reformed People-based Financial System they will be required to make restitution. If Financial Institutions fail to co-operate Class Legal Actions will proceed. The Peoples Grand Jury is an initiative of the Community Reformation Action Group (CRAG), a Peoples Advocacy Group acting for Positive Evolutionary Reform. The guiding light for this Reform is the National Economic Security and Reformation Act (NESARA), passed by the US Congress 9th September 2001, and awaiting official announcement by the World Bank. Please see www.nesara.us/pages/home.html
* For a detailed explanation of Fractional Reserve Banking please refer to the book "The Creature from Jekyll Island by G Edward Griffin", or as an Internet article on www.biblebelievers.org.au/jekyll.htm.
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JURISDICTION:
This Grand Jury is a Common Law Grand Jury not subject to legislation from Parliament. It is composed of laymen who are Australian citizens.
Serving on a People’s Grand Jury is voluntary.
Its primary function is to determine whether the evidence provided to them, or on their own knowledge, warrants the return of charges for one or more offences, ie: they can either return an indictment or a presentment.
PROCEDURE:
1. Empanel grand jurors by swearing in.
2. Foreman presides.
3. Any grand juror may ask questions of witnesses and do anything they feel necessary to satisfy them individually as grand jurors as to the merits or lack of merits of any presentment made to them.
4. They should indict if they find probable cause, ie: declare a “true bill”..
5. Grand Jurors have a two-fold purpose:
(a) protect citizens against frivolous or ill-founded charges,
(b) protect citizens of Australia if someone should be brought to trial.
6. They are not concerned with the ultimate guilt or innocence of a person who is charged with a crime because that issue would be tried by a petit jury of twelve men and women.
REQUIREMENT OF RECORDING:
Recordation and its transcription are discretionary.
VOTING ON PROPOSED INDICTMENT:
Grand jurors are not required to vote separately on each count of an indictment.
They only vote on the indictment as a whole.
IMMUNITY:
No one is immune from a jury.