Vaughan Gunson 0

Make the Banks Pay

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SIGN ON TO OUR "LETTER" TO PRIME MINISTER JOHN KEY 

And give your support to these three measures to curb banking power and protect grassroots people: 

1. Stop forced mortgagee sales
Regulatory muscle used to stop banks turfing people out of their homes. A government body to oversee the re-negotiation of mortgages based on current market values and ability of the homeowner to pay. 

2. Turn Kiwibank into a proper public bank
Offering 3% interest loans to first home buyers, zero-fee banking for people on modest incomes, and low interest loans to local bodies for sustainable eco-projects in the public good. 

3. Introduce a Robin Hood Tax (also known as a Financial Transaction Tax) 
A small percentage tax on financial transactions would net billions of dollars from banks and global financial speculators. GST could be phased out. 

'Make the Banks Pay' is part of the Bad Banks campaign, for more information go to www.badbanks.co.nz

To receive email updates on the Bad Banks campaign click on the 'Contact Petition Sponsor' link, top right, and send us an email.


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BAD BANKS

Links

Join Make the Banks Pay on Facebook.

Bad Banks - website with more information on the Bad Banks campaign, including media releases, leaflets, and other campaign material.

Join Bad Banks on Facebook.

UNITYblog - website of Socialist Worker-New Zealand, initiator of the Bad Banks campaign. 


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