Creating their own Bank: EXPECT much STEALING! – SA plans to launch government-run housing bank – My Comments
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This is a classic book from 1966. Douglas Reed was an excellent, truth-telling White journalist and author who dared to write books telling the raw truth about many things. In 1936, he was in Europe and wrote a book warning that WW2 was coming. In 1966, he was in Rhodesia, and he wrote a similar book, wherein he warned of the coming war in Africa. There are many things he wrote in this book which have been forgotten. He writes about the two-faced British and of the insanity of America.
[The Black Communist ANC who rule this country have failed at everything they've tried. If they start their own internal bank … expect plenty of stealing and failure. There's no way this will work well. We are ruled by fools, idiots and criminals. Jan]
South African finance minister Enoch Godongwana said they are looking at launching a housing bank to provide loans to public sector employees and the gap market.
Godongwana revealed their housing bank plans in a CNBC Africa interview at the World Economic Forum’s annual meeting in Davos.
He said the unions asked the government to replicate the Government Employees Medical Scheme (GEMS) to create a housing bank.
“We agree with the unions that we should do a similar exercise as we did with medical aid by creating a state medical aid called GEMS,” he said.
“We need a similar arrangement with public sector employees to create a housing bank to create loans for them.”
The government housing bank will also provide loans to the gap market — people who earn too much to get RDP houses and too little to get mortgages from banks.
Godongwana added that a fully-fledged state bank via the South African Post Office is also under development.
“The challenge for a state bank was the regulatory framework. That regulatory framework is coming true,” he said.
“The second issue is sufficient instruments for a state bank. There are discussions about whether we should merge African Bank with the Post Office to create a bigger state bank.”
He added that the regulatory framework for a state bank would be similar to the regulations for any other bank.
“When tailoring the state bank products, it will take that into account,” he said. “That process is in motion.”
Video: A Quick Lesson: What Whites really do to Jews in Pogroms and Holocausts
Ive looked at lots of literature over the years where the Jews claim Whites are slaughtering them. They cite pogroms as a nasty feature of their past. And then some pogroms are then called holocausts. But what exactly really happens? Is there any evidence of what exactly transpires between Whites and Jews?
