Canada Under Siege – Part 2 - The Economy

 

Source: World United News - YouTube

http://www.youtube.com/watch?v=o2K3x-Ci8O8

Watching the World descend into economic tyranny due to the IMF and Private for Profit only Banks, really angers the hell out of me, but being Canadian, it especially angers me for what is going on here in Canada…because our government is a party to the theft taking place right here…and that is regardless of what brand of politic sits in governance of our nation.

I was brought up believing that the Banking system in Canada was sound and far superior than the rest of the World simply because we had our own National Bank to issue our own money...and from 1935 to 1974 that was certainly true. But it has not been true since.

Born in Montreal Quebec, Canada in 1960, I’ve seen a lot of things happen to this great country of ours over the years, but I was extremely puzzled why, despite the abundance of our natural resources and government imposed high taxation that we had no money to function or healthy economy. One day I decided to find out why.

What I discovered was that there was a massive theft taking place right under our noses by the IMF and all the other private banks that secretly had embedded themselves into the fabric of our Canadian economy & community…What makes the massive banking crimes so maddening is that I also discovered that all the past and present, Federal & Provincial governments in Canada have had full knowledge of the theft and have been a party to it.

This theft has been going on since 1974 through Federal Conservative, & Liberal governments, and through the Provincial governments of the Conservative, Liberal, NDP, and Parti Quebecois parties. They ALL knew what was going on, and by their knowledge of these banking crimes, they have all committed treason against the people of  this nation for doing nothing about it. Maybe the Chamber of Commerce has something to do with it…since all political parties feast there.

By giving the power to create money to the IMF & its ring of Private Banks, and also by giving our natural resources to foreign business cartels, The Federal & Provincial governments have sold out the Canadian people!…est les Quebec libre aussi. We’re not so libre as we might like so we are all in this mess together.

The debt we owe today, with the National and Provincial debt combined, comes to around 1 Trillion dollars. The interest payment on 1 Trillion dollars if it was at 4% is 40 billion dollars. That works out to about 110 million dollars every day just to pay the interest on a loan that should never have been made in the first place!

The Bank of Canada:

The Bank of Canada was created in 1935 to restart the Canadian economy and regain the peoples trust through a Canadian centralized banking system. The issuance of our own currency, by our own National Bank came without interest or compound interest added, thus allowing Canada to prosper and not go into debt despite the huge work projects and social programs that were created to elevate society back from the trash heap.

Huge government programs were created to put people back to work and thus created some of the most important National Corporations between those thriving years of 1935 to 1974. These corporations were owned by Canadians under a banking system that used an interest free currency…everything belonged to us during that time, including the right to make our own budget.

Large-scale social programs such as Medicare, and social benefits for families…old age pensions all emerged out of this economic model…and it was a model that worked for everyone while it was in place.

The Personal Income Tax collected from individuals became the government’s biggest source of income to keep our own sovereign system in place. In essence, We worked and invested in our country at the same time. The nation prospered and provided us with a higher standard of living while not going into to debt.

All was well and fine until 1974 when the Government of Canada gave the IMF and private banks the power to create the Canadian dollar and to charge us compound interest on loaning us our own money. The result of this giveaway is that we no longer have control of our currency or our governing budget. It belongs to private banks and their centralized private I.M.F.

Since 1974, Federal and Provincial government budgets are borrowed from Private Banks with Compound interest attached. That means we lose large amounts of our wealth and hard earned money to pay back the compound interest that came with the loans…and since the money has to come from somewhere, Canadians became tax targets while at the same time we lose our social programs by government spending cuts directed and ordered by the IMF through banking blackmail. The international economic system is completely rigged…in other words, if you don’t do what the IMF tells you, your bond rating will be lowered and the interest on the loans will be increased…

Compound interest, by practice, steals all the money slated to maintain our infrastructure and social programs…as the interest on the loan builds, the debt increases, which then gives the governments the ok to increase our taxes, or borrow more money from the private banks. The whole charade sends the economy into perpetual inflation mode. This cycle has drastically lowered our standard of living since 1974 and All past & present governments are responsible and should be questioned on their knowledge of the theft taking place, or their incompetence of what was taking place….a thorough PUBLIC investigation into this is required at the very LEAST!

Shortly after the IMF took control of our monetary system, our National Corporations such as the Canadian National Railway, Air Canada, and Petro Canada, were sold by the Canadian government at the behest of those that control and loan us our money. Have a look into the Chamber of Commerce…there you’ll see where government business decisions come from. The Chamber of Commerce is a Private Club made up of Banks and Big Business Owners. Needless to say, National Corporations were sold to international private interests, And now they want to sell off programs by privatizing things like health care.

It is very important to note, that what disappeared with National Corporations such as Petro Canada, was the control of our natural resources and the profits they would have brought directly into the country’s coffers if we were not enslaved to the IMF and their scheme of compound debt. Instead, all profits from our natural resources go into the private pockets of the Corporate Share Holders while the rest of us pay increased taxes and allow them to steal it.

Corruption:

International Corporations pay rental fees to the Provincial & Federal Governments on the Canadian land they are raping…of course anyone in government that is pushing for corporate interests is on a committee that receives special compensation. To me this is nothing short of bribery…this type of behavior is shady, dishonest, and amounts to high treason against the people of Canada and should be publicly investigated with prison sentences for those found guilty. In light of these accusations I am making here, I find that the government is nothing more than a crime syndicate for big business, and it is time for these criminals to GO!

Now that the pillars of economic stability have been removed, Canadians find themselves at the mercy of the International banks that are TELLING us what to keep, what to sell and where to cut the budget. Our government not only sold us out, they refuse to change the economic climate for the betterment of its people…that means they do not work for the people of Canada but the private owners of the International Banks!

The next Canadian Federal election is in 2015 so we have time to organize the people of this country to take back our nation. To know which politician to vote for, make sure they are decidedly for removing the Private banks from issuing our money and to nationalize ALL our resources. It’s time to take our country back and this is the way to do it.

LINKS:

Canada Under Siege – Part 1 – The Tar Sands, Free Trade & Govt

http://www.youtube.com/watch?v=qpfOsf1f26I

Crime of the Canadian Banking System

http://www.snowshoefilms.com/
Oh Canada, Our Bought & Sold Out Land
http://www.youtube.com/watch?v=UbACCGf6q-c
Oh Canada Movie ORDER DVD
http://www.ohcanadamovie.com/
Press for Truth
http://www.pressfortruth.ca/
The Canadian Chamber of Commerce
http://www.chamber.ca/
Chambre de commerce et d’industrie de Quebec – (The Quebec Chamber of Commerce)
http://www.ccquebec.ca/
Bank of Canada – Official Website
http://www.bankofcanada.ca/
The Bank of Canada Act
http://laws-lois.justice.gc.ca/eng/acts/B-2/
Banknotes of the Canadian Dollar
http://en.wikipedia.org/wiki/Banknotes_of_the_Canadian_dollar
Canadian Banknote Company  - Owned by American Mega Corp. RR Donnelley
http://en.wikipedia.org/wiki/Canadian_Bank_Note_Company
BA International prints Canadian Dollars and is German Owned
Bloomberg - Company Overview of BA International Inc. – German Owned
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=11792219
Canadian Crown Corporation
http://en.wikipedia.org/wiki/Canadian_Crown_Corporation
Canadian National Railway – Privatized in 1995
http://en.wikipedia.org/wiki/Canadian_National_Railways
Air Canada – Privatized in 1988
http://en.wikipedia.org/wiki/Air_Canada
CBC
http://en.wikipedia.org/wiki/Canadian_Broadcasting_Corporation
VIA Rail
http://en.wikipedia.org/wiki/Via_Rail
Petro Canada – Privatized in 2009
http://en.wikipedia.org/wiki/Petro_canada

 

Read More

EU citizens and private banks in a power struggle for survival

Source: Press TV

http://www.youtube.com/watch?v=ATi0OEptaFk

There is a power struggle between the EU citizens and the private banks. The EU is also struggling to use the crisis to destroy the sovereignty of individual member states. There is also a struggle between Germany and the EU member states.

The European Union needs to do something more dramatic than just saying that they'll have one super-bank which will regulate all the banks. This is not looking at the problem fundamentally. The UK has one of the worst banking systems.

Follow our Facebook on: http://www.facebook.com/presstvchannel
Follow our Twitter on: http://twitter.com/presstv
Follow our Tumblr on: http://presstvchannel.tumblr.com

Read More

Global Noise takes on austerity: 'We are not going to be silent'

 

People make noise as they take part in a casserole march to protest against government's austerity reforms and the public payment of bank's debts on October 13, 2012 in Madrid. (AFP Photo / Pedro Armestre)

Source: Russia Today

http://rt.com/news/global-noise-demonstrations-378/

Demonstrators across the world are calling for an end to austerity as Global Noise protests kick off in more than 30 countries, including many in the Nobel Peace laureate European Union.

­The worldwide demonstrations on Saturday passed without incident, and Caleb Maupin from the International Action Centre explained what's driving the public to take to the streets.

RT: A year ago Occupy Wall Street spread across the world, and now it’s Global Noise. What is Global Noise all about? How is it different?

Caleb Maupin: Basically, Global Noise is saying we are not going to be silent. Because right now the banks are coming for us – they are cutting all of the programs. There is mass unemployment. There is cutting in government spending and the governments of the world are just having to pay back the banks.

And in the process, our future is being destroyed. It is impossible to get an education in this country without a rising debt. What we are saying is that we are going to be a global noise. We are the next generation, the youth part of the working class as our future is being destroyed. We are not going to silently sit back and let them destroy our future. We are going to be loud. We are going to be confrontational and we are going demand that this stop.

Austerity is a crime against the people. These cuts are a crime against us, and we are going to demonstrate and we are going to oppose it.

RT: America has not seen austerity cuts as of yet. But in Europe this is precisely what the Global Noise rallies were aimed against. Is it merely a show of support for Europe, or is there, say, a message in the demonstrations for the US presidential candidates?

CM: There are plenty of austerity cuts in the United States. Food stamps, a program which many millions of people depend on so they can have food, is being cut. College prices are going up. They had kind of halted it because they are planning after the elections to have austerity. All the major cuts are going to happen after the election.

But even with these latest debates, you see Romney and Ryan, Obama and Biden, they are all debating how much to cut. How responsibly can you get rid of Social Security, how responsibly can we do it? It is austerity, it is global austerity. Because, you know, Lenin spoke of it in his book – imperialism is the highest stage of capitalism, because the banks kind of become the center of capitalism, its monopoly stage.

And right now it is a revolt against banks. Instead of people having to take all these cuts, why don’t they simply start the cuts to the banks? The government of the United States has the ability to do that. They can pass legislature saying that the banks have to be delayed, but instead they keep paying back the banks with these loans that have taken from the government, and programs that people need to survive on are being cut.

At a time of mass unemployment, millions of youth have great anger on what’s going on, and it is exploding into a global anti-capitalist rebellion. It is here in US. The phrase "we are the 99%" represents what millions of people understand, which is that a small elite, the bankers, capitalists, they own the world and the rest of us just get to live in it.

Well, it is time that we are heard. We are a global noise and we are going to rise up and demand a change to that situation.

RT: Presidential elections are coming up in the US and the Obama administration is criticized for the bailout, while Republicans are promising austerity. And what do you think the policy should be for the US here?

CM: I think whoever wins this election, it is very clear that after the election, it's over. They are going to begin an extreme amount of mass austerity. And the terms of the debate are sickening – the terms of the debate are essentially how much to cut. Some people say, we should just cut everything; others say we should just cut a little bit. No! The people don’t have to pay for the crisis the bankers created.

But that message is not part of the discourse in this country right now. The discourse is limited to one form of cutting or one form of cutbacks, and that is frightening. And that is why the Occupy movement came in. We are the 99%, or as the labor movement and progressive forces have said for a long time – class against class.

It is not Republicans versus Democrats. It is about the bankers versus the people – the people who sell their labor to survive and those who own the world.

Read More