Banks using social media to assess loan applications

And so it begins. Totalitarian tiptoe, as David Icke describes it.

Australian banks have begun to use social media data (profiling) as a factor in their lending policies. I’m sure they’re not alone.

On one level this is an unsurprising development, but looking at it from a broader perspective, it is the beginning of deciding who get access to the banking system (i.e.  access to using electronic money) and who does not. The first example I came across of a bank emptying out someone’s account was Mark Phillips at the end of 1987 when he was rescuing his now wife Cathy O’Brien from her planned execution for a snuff film as she turned 30, at the end of her useful mind control programmed life as Presidential level slave. (They are not kept past 30, because the brain chemistry begins to change and the programming begins to break down – mid-life crisis, anyone?) It was probably not the first occasion and certainly not the last, but it serves to point out that the money you think is yours in your bank account is there at the whim of the banks. They can zero it out anytime they want.

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