The crime of the canadian banking system:

[AnnaG]

And why do we need troops to keep peace.

For nthe same reason it's handy to have twinberries, lemon grass, or something when in 'squito infested bush.

What we need is a council of elders who have the capacity to negotiate peace. We should be peace makers not peace keepers.

That'd be idyllic but we don't live in an idyllic world.

As for Al Quida and the Taliban, they don't exist any more. Al Quida was always a myth and the Taliban have been wiped out. We are fighting peasants whose families we killed with "friendly fire". There is no need for war. There is need to treat people with respect, understanding and honour.

Cliffy, I think you need to get out of Nakusp once in a while. The rest of the world seems cionvinced of Al Quaeda's existence and the Taliban are still planting IEDs.

Qaeda, al- - Oxford Islamic Studies Online

We make war for profit. It is the only reason we have ever made war in the history of man.

Yeah, religion had nothing to do with anything and it's not why Sunnis and Shi'ites are scrapping. :roll:

There are no altruistic reasons for Afghanistan.

Tell that to the women and kids who are getting educations, are wearing clothes they want, aren't having to be slaves to tyrannical owners.

We went on a hunting trip and when the prey was gone we were stuck with the lies we used to go there, so we made a whole new batch of lies and now we are stuck in a useless and costly war that nobody wants or can afford.

The Taliban are still around. Don't fool yourself.

Humans are just plain stupid. We get the government we deserve.

I can agree with that, but not all humans.

 

[JLM]

Cliffy, I think you need to get out of Nakusp once in a while.

I think we should take up a collection to send him down to New Denver for a week. Might do him a world of good. :lol:

 

[Bar Sinister]

Watch these videos:

I am suspecting from this that it was Trudeau who failed us by getting us into a Central Banking system, just like the USA.

Canada's central bank (The Bank of Canada) was created in 1935. Trudeau would only have been about 16 years old at the time so I doubted he had much influence over its formation. That being said, every modern nation has a central bank. So far as national debt is concerned that is purely government policy and has little to do with the bank itself.

 

[dumpthemonarchy]

This video has almost 40,000 hits. Not too bad.

No North American Union ever. The ending of the US greenback as the world reserve currency will put an end to these ideas in a few years.

 

[Cliffy]

Canada's central bank (The Bank of Canada) was created in 1935. Trudeau would only have been about 16 years old at the time so I doubted he had much influence over its formation. That being said, every modern nation has a central bank. So far as national debt is concerned that is purely government policy and has little to do with the bank itself.

The difference between our bank and the American bank is that we own our bank, and the Fed is a private bank. Our bank can lend money to our government at low interest. the Fed loans at high interest. Our bank is controlled by the government. It is a Crown corporation. It prints our currency at the request of the government. I want to know why we don't use our own bank to finace our government. Why are we borrowing at high interest out of country? This does not make sense unless we are being controlled by outside forces. If we are, we had better do something about it.

I think we should take up a collection to send him down to New Denver for a week. Might do him a world of good. :lol:

I just got back from a week in Edmonton. I find New Denver claustrophobic. The sky is too crowded with mountains.;-)

 

[JLM]

Yeah, I've kind of had the same feeling in New Denver & Silverton isn't much better.

 

[petros]

Canada's central bank (The Bank of Canada) was created in 1935. Trudeau would only have been about 16 years old at the time so I doubted he had much influence over its formation. That being said, every modern nation has a central bank. So far as national debt is concerned that is purely government policy and has little to do with the bank itself.

Mulroney sold the debt of the Bank of Canada to private banks. We used to owe ourselves now we owe foreigners.

 

[mayety]

I see I was mistaken about the year of the central bank. It was the 30's. I was going by the video for when our debt began to rise and never stop, because I've been following USA too closely.
(Wikipedia)
In 1938, under Prime Minister William Lyon Mackenzie King, it became " a special type of " Crown corporation[5], fully owned by the government; thus, in effect, by the Canadian taxpayers; with the governor appointed by Cabinet. The responsibility for creating small bills was transferred from the finance department and the private banks were ordered to remove their currency from circulation by 1949.[6] It is important to distinguish between the right to "issue money", which is the sole right of the Bank of Canada, and the ability to "create money", which, through legislation and regulation enacted by Parliament, is largely done by commercial banks through the taking of deposits and the issuance of loans; presently, the Bank of Canada "issues" less than 5% of Canada's money, more than 95% of Canada's money is "created" by commercial banks, bearing interest, through the process of fractional-reserve banking.

The government ought to issue our own money! It still has the right!! I suspect there is outside influence!

 

[AnnaG]

I see I was mistaken about the year of the central bank. It was the 30's. I was going by the video for when our debt began to rise and never stop, because I've been following USA too closely.

Actually, our nat'l debt began to shrink under Chretien and was still shrinking under Harper until the corporate greed, housing bubble, speculations collapsed the economy. So it did actually stop and reverse for a short period.

The government ought to issue our own money! It still has the right!! I suspect there is outside influence!

Ya think? Canada is a plutarchy, not a democracy.

 

[TenPenny]

The government ought to issue our own money!

Umm...it does. Through the Bank of Canada, a crown corporation.

 

[Bar Sinister]

Mulroney sold the debt of the Bank of Canada to private banks. We used to owe ourselves now we owe foreigners.

Canada's national debt is still primarily internal. It is the Americans that have the large external debt. Here are some numbers from StatsCan.

Federal government net financial debt