The Truth About Corrupt Banking System!

[Kreskin]

How is it supposed to work? Is everyone to barter their furs and gold at the local Bank of Canada? And is everyone to individually bid on Treasury Bills?

If the Bank of Canada had to provude full retail services, including R&D, I highly doubt anyone would get the overnight lending rate.

 

[darkbeaver]

How is it supposed to work? Is everyone to barter their furs and gold at the local Bank of Canada? And is everyone to individually bid on Treasury Bills?

If the Bank of Canada had to provude full retail services, including R&D, I highly doubt anyone would get the overnight lending rate.

Those parts of the system would also be eliminated, the displaced previously employed in speculative ventures would be absorbed into the farm collectives and various salt and gold exploration and excavation programs. All of the camps will have extensive retail services.

 

[Cliffy]

How is it supposed to work? Is everyone to barter their furs and gold at the local Bank of Canada? And is everyone to individually bid on Treasury Bills?

If the Bank of Canada had to provude full retail services, including R&D, I highly doubt anyone would get the overnight lending rate.

Banks make enormous, almost obscene, profits. But that is not the real problem, which is fiat currency which creates money out of thin air.

The History of Money - Part 2 - YouTube

 

[Kreskin]

Banks make enormous, almost obscene, profits. But that is not the real problem, which is fiat currency which creates money out of thin air.

The History of Money - Part 2 - YouTube

Anything has value created from thin air.

Those parts of the system would also be eliminated, the displaced previously employed in speculative ventures would be absorbed into the farm collectives and various salt and gold exploration and excavation programs. All of the camps will have extensive retail services.

Ah, the salt mines.

 

[china]

Banks make enormous, almost obscene, profits. But that is not the real problem, which is fiat currency which creates money out of thin air.

The obscene part is that you and I give the bankers an opportunity to make those profits.

 

[darkbeaver]

Anything has value created from thin air.


Ah, the salt mines.

I know what you're thinking and you're wrong, these are not the horrible death pits depicted by Holly-Wood. These will be modern fascilitys luxuriously appointed with creature comforts sure to promote a happy productive innovative group of ah associates
members committed to reach production quotas. Plumbing is in the design stages.

 

[Walter]

Banks make enormous, almost obscene, profits. But that is not the real problem, which is fiat currency which creates money out of thin air.

The obscene part is that you and I give the bankers an opportunity to make those profits.

Those obscene profits help pay for most people's pensions, so I hope their profits continue to grow.

 

[JLM]

Banks make enormous, almost obscene, profits. But that is not the real problem, which is fiat currency which creates money out of thin air.

The History of Money - Part 2 - YouTube

I hear you Cliff but technically speaking you are not quite right, some of those "profits" are actually dividends and interest to shareholders without which the share holders would soon be share holding with other companies and the banks would be broke.

 

[china]

I hear you Cliff but technically speaking you are not quite right, some of those "profits" are actually dividends and interest to shareholders without which the share holders would soon be share holding with other companies and the banks would be broke.

It is not the bankers who give money its value; it is the production of the country. Bankers produce absolutely nothing; they only create the figures that allow the nation to make use of its own producing capacity, its own wealth. Without the production of all the citizens in the country, the figures of the bankers are worthless.

(Taken from the thread)

Walter

Those obscene profits help pay for most people's pensions, so I hope their profits continue to grow

.

Those profits are stolen from other citizens .

 

[gopher]

8636
tarbiyth
tar-beeth'
from 'rabah' (7235); multiplication, i.e. percentage or bonus in addition to principal:--increase, unjust gain.




Any increase via usury is unjust - therefore, DEATH TO BANKERS.

 

[JLM]

why, becaue I point out your hypocrisy? You bash Christianity, and Catholicism in particular, you bash Canada and praise china, yet you sponge of of us when it is convenient to you. You are a useless piece of skin and I will continue to point out your idiocies and hypocrisy's as you post them.

I think what Gerry is saying, China, is you have a couple of "rough edges" that need some smoothing!

You can thank Mulroney for selling our debt to private banks. That guy is a twat.

You're not saying he's useful are you?

 

[china]

I think what Gerry is saying, China, is you have a couple of "rough edges" that need some smoothing!

Dear JLM ,That's just the way he is .He "feels" safe behind the computer screen .Trust me he would be a puppy if and when face to face with this Polak .Small puppy's make allot of noise .
As far as a "rough edges" go .....well , I post what I agree with and what/ when I write ,I state my awareness .

 

[gerryh]

Dear JLM ,That's just the way he is .He "feels" safe behind the computer screen .Trust me he would be a puppy if and when face to face with this Polak .Small puppy's make allot of noise .
As far as a "rough edges" go .....well , I post what I agree with and what/ when I write ,I state my awareness .

In your dreams numb nuts, in your dreams.

 

[Walter]

Those profits are stolen from other citizens .

Those profits help fund CPP.

 

[china]

Those profits help fund CPP.

Really , can you please back it up .

Five Canadian banks report billions more in earnings

BNN's Michael Kane with the headlines for Jan. 18

Get your early business news for Friday, Jan. 18
Published Thursday, Aug. 30, 2012 8:26AM EDT
Last Updated Thursday, Aug. 30, 2012 10:39PM EDT
The Royal Bank says profits increased by a massive 73 per cent in the third quarter of 2012 and earnings hit $2.24 billion.
The news comes as TD Canada Trust and CIBC also reported much higher earnings Thursday. And earlier this week, the Bank of Nova Scotia and Bank of Montreal both announced large profits and higher dividends.
Combined, Canada's five largest banks recorded a $7.8 billion profit in the third quarter of 2012 alone, soaring past expectations and recording a 45 per cent increase from a year earlier.

______________________________________________________________________________


How , which way does that help CPP walter ?...I,m curious .

In your dreams numb nuts, in your dreams.

Oh yeah ,give me your contact puppy , Trust me , I love travelling .

 

[captain morgan]

Those parts of the system would also be eliminated, the displaced previously employed in speculative ventures would be absorbed into the farm collectives and various salt and gold exploration and excavation programs. All of the camps will have extensive retail services.

The other parts of the system that would be eliminated would be social services, lots of infrastructure, and pensions.

Banks make enormous, almost obscene, profits. But that is not the real problem, which is fiat currency which creates money out of thin air.

... And what those times when the banks were money losers?

Lemme guess, your standard reply would be that they took a risk in getting into that game and they lost.

You just don't like it when someone/group makes money. The moment they do, you sit in judgement of what is acceptable and magically the rest should be divvied-up to you and your buddies.

It is not the bankers who give money its value; it is the production of the country.

And without a formal group to backstop this production, you have no platform to produce... Funny how that works, eh?

Bankers produce absolutely nothing; they only create the figures that allow the nation to make use of its own producing capacity, its own wealth.

Then don't use the banks, take Kreskin's advice and trade furs, chickens and preserves and see how long it takes to trade-up to a trans national highway or national pension coverage
.

Those profits are stolen from other citizens .

What a laugh.

 

[taxslave]

It is not the bankers who give money its value; it is the production of the country. Bankers produce absolutely nothing; they only create the figures that allow the nation to make use of its own producing capacity, its own wealth. Without the production of all the citizens in the country, the figures of the bankers are worthless.

(Taken from the thread)

Walter
.

Those profits are stolen from other citizens .

What leftarded site did you dig up that bit if drivel from. Bankers have never forced anyone to take out a loan. Or for that matter even open a bank account.

 

[china]

What leftarded site did you dig up that bit if drivel from. Bankers have never forced anyone to take out a loan. Or for that matter even open a bank account.

You are right ,we should deal only in cash ; if you work ....demand cash from your employer .
When you buy a car or a house or any thing , deal only in cash ,,,the hell..... I am a Canadian I don't need a fu...en bank account or a loan for a house , I got my sled and I got my igloo - full of Canadian beer, ha !

 

[captain morgan]

You are right ,we should deal only in cash ; if you work ....demand cash from your employer .
When you buy a car or a house or any thing , deal only in cash ,,,the hell..... I am a Canadian I don't need a fu...en bank account or a loan for a house , I got my sled and I got my igloo - full of Canadian beer, ha !

Who's gonna issue the cash?

Will there be a central repository where you can take your chickens and preserves to exchange for paper?

 

[Cliffy]

Who's gonna issue the cash?

Will there be a central repository where you can take your chickens and preserves to exchange for paper?

Why would anybody do that? You can't eat paper or plastic.