You see Canada did have money at one time, but then the central bank of Canada was established and from that point on Canada has been broke and will alway from that point on remain broke. The "debt" is unpayable.
Time for a world currency
- Thread starter dumpthemonarchy
- Start date
But as you see, it was not a never ending circle, only three people were involved from beginning to end. They produced the money because they had goods which they purchased which they knew people would need. Those are the services I mentioned. In Canada, you pay for these services all the time and the money is destroyed: health care, vehicle registration, driving licenses, tolls, there are many services that every citizen needs by which the government repays its debt to us. A given debt will always be repayed, even if a new one is created by someone else somewhere else in the world, this is not concerning.
The only problem is when the government is not prudent in its drafting of money, and when due to a presumed lack of credibility everybody attempts to spend all the money at once. Then we are demanding that Fred give us winglesprockets when all he has is widgets, and any form of bartering would break down as well.
I also must correct myself. Canada has been broke since the WWI, which is when income tax was introduced as a tempory measure to pay for the war. 17 years prior to the signing if the bank of Canada Act. Well we all know how tempory that was.
But they did not create the money, they created the goods for which would be purchased using money, money that the government created and by creating the money they had now gone into futher "debt" because they had to borrow the money because they have been broke since WWI.
Our money supply depends on a continuous supply of fresh bank credit, because if everyone paid off their debt, all of our money supply would disappear.
This video explains our current banking system
This system is the same everywhere, whether it is your local credit union down the street or the Bank of Canada. It all works the same.
Does anyone care to open a bank with me?
This system is the same everywhere, whether it is your local credit union down the street or the Bank of Canada. It all works the same.
Does anyone care to open a bank with me?
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Culling the Herd
by Sheila Samples / December 18th, 2007
It is difficult to imagine the staggering number of innocent humans who have perished through war or famine as a direct result of Kissinger’s half-century obsession with, and lust for, genocide. It’s even more difficult to imagine the cruel indifference with which Kissinger, and those like him in positions of political and corporate power — the elite — continue to plan the elimination of millions, even billions. All under the guise of national security, or to spread freedom . . . democracy . . .
Kissinger targeted a number of “key countries” whose populations, he said, must be curtailed and controlled lest they gain economic, political and military strength, and thus threaten US strategic interests. “Depopulation should be the highest priority of foreign policy towards the third world,” Kissinger said, “because the US economy will require large and increasing amounts of minerals from abroad, especially from less developed countries.”
Then, as now, any nation refusing to surrender its natural resources was an ominous threat to our national security and was dealt with initially through birth control and other population-reduction programs such as food rationing. But that was too slow for Kissinger, for Brent Scowcroft who replaced Kissinger as national security adviser and was put in charge of thinning out the Third World population, and for his eager enabler, CIA Director George Bush who trotted like a love-starved puppy at Kissinger’s heels for decades.
At first, they used food as “an instrument of national power” to coerce the dumb masses to stop copulating and populating, and then as a deadly weapon because widespread famine not only dealt death quicker, but it was cost-effective. And it made more sense. Like Kissinger said, “To give food aid to a country just because they (sic) are starving is a pretty weak reason.”
If we could imagine the suffering endured by victims of such perverse inhumanity, we might feel a twinge of outrage or, as George Washington so succinctly put it — a “little spark of celestial fire called conscience.” Or not. Perhaps we are so far removed from reality because our minds cannot grasp the horror of that reality. Those who seek to destroy the denizens of this planet are totally without compassion or remorse. They are grotesque mutants who kill indiscriminately in their relentless drive for world conquest and domination.
It’s naive to think the carnage will stop once predators such as Kissinger, Alexander Haig, Robert McNamara, George H.W. Bush, and other One World advocates, many of whom are in their 80s or 90s, are no longer in our midst. With the release of thousands of tons of Depleted Uranium in both Bush Gulf Wars and Afghanistan, they have poisoned food, water and air, and turned the entire region into massive radioactive death camps. Without fear of accountability, they have ensured the slow, agonizing extermination of entire populations, to include the American military, whom Kissinger views as “dumb, stupid animals to be used as pawns for foreign policy” — and their families — that will continue for many generations.
We’re like herds of cattle, grazing placidly, unable or unwilling to imagine that we might share the same fate as the millions throughout the Third World targeted by the elite as “bottom feeders,” contributing nothing — eating into their profit — gluttons who must be dispensed with. Any rancher or farmer will tell you that it’s good business to cull the herd for a variety of reasons, such as market outlook, cash flow, or just to maintain a healthier, more easily controlled mass of cattle. It makes no sense to keep problem cows, the elderly, the ill or non-productive around. There comes a time when you must cut your losses — and cull the herd.
There are those who, unlike Kissinger and his co-conspirators, are not interested in profit or power, but believe fervently that human population is destroying the planet. Perhaps the most outspoken is University of Texas evolutionary scientist Dr. Eric R. Pianka, who gave a speech in March 2006 advocating the elimination of 90 percent of Earth’s population.
According to Forrest M. Mims III, Chairman of the Environmental Science Section of the Texas Academy of Science, and the editor of The Citizen Scientist, Pianka shrugged aside war and famine — too slow — and said “the most efficient and fastest way to kill the billions that must soon die” is disease. Pianka advocates airborne Ebola because, he explained, “it is highly lethal, and it kills in days, instead of years.”
Pianka drew rounds of enthusiastic applause throughout his speech, and a standing ovation when he threw in the Bird Flu for good measure, and quipped gleefully, “We need to sterilize everybody on the Earth.” Five hours later, the University presented Pianka with a plaque, not for winning hands down as “Mad Scientist of the Year,” but in recognition of his being named 2006 Distinguished Texas Scientist.
It doesn’t take a wild imagination to know that genocide is real, and it’s underway in America. The most blatant example is the barbaric response to Hurricane Katrina victims — withholding food, blocking aid, ignoring those clinging to rooftops while crying out in vain for help, leaving corpses to float in the flooded streets or to rot in the Superdome. If you start with the poor, minorities, elderly, the ill or non-productive, the culling becomes much easier the next time around. Those who wait become inured to the inhumanity and, rather than rise up against it, breathe sighs of relief that it’s others and not them who are rounded up and herded to the slaughterhouse.
Imagine what life would be like if the Food and Drug Administration did not ensure the safety of our food chain. . . . if our creeks and rivers were polluted by sewage and industrial waste . . . if vaccines forced on our children caused mental deficiencies, even death . . . if mothers were afraid to breast-feed their babies because the environmental toxin perchlorate present in our food and water supply accumulates in mother’s milk…if our air was contaminated…if we had a government cold-hearted enough to withhold food and aid from the needy and health care from poor children . . . if we were spied upon and incarcerated, tortured, disappeared without charges.
Oh yeah. I forgot. That is what our life is like. All that, and more, is grinding relentlessly away at our safety, our health and our lives.
We have the power to remove these madmen. They are criminals under Articles II and III of the 1948 Convention on the Prevention and Punishment of Genocide, and they must pay for their crimes. One more year wherein millions more throughout the world are slaughtered is, as they say, not an option.
The culling must stop, even if we are forced to stampede. They must be impeached. Go here, here, and here and take action.
Sheila Samples is an Oklahoma writer and a former civilian US Army Publi
by Sheila Samples / December 18th, 2007
Everything you can imagine is real. ~~ Pablo Picasso
In 1974, a year after orchestrating a mass terror bombing of Cambodia — after being awarded the Nobel Peace Prize — Secretary of State Henry Kissinger and his National Security Council completed “National Security Study Memo 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests.” This document, whose sharp edges are dulled by page after leaden page of how to reduce over-population in the Third World through birth control and “other” population-reduction programs, was classified until 1989, but was almost immediately accepted as US policy, and remains the US blueprint for ethnic cleansing today.
It is difficult to imagine the staggering number of innocent humans who have perished through war or famine as a direct result of Kissinger’s half-century obsession with, and lust for, genocide. It’s even more difficult to imagine the cruel indifference with which Kissinger, and those like him in positions of political and corporate power — the elite — continue to plan the elimination of millions, even billions. All under the guise of national security, or to spread freedom . . . democracy . . .
Kissinger targeted a number of “key countries” whose populations, he said, must be curtailed and controlled lest they gain economic, political and military strength, and thus threaten US strategic interests. “Depopulation should be the highest priority of foreign policy towards the third world,” Kissinger said, “because the US economy will require large and increasing amounts of minerals from abroad, especially from less developed countries.”
Then, as now, any nation refusing to surrender its natural resources was an ominous threat to our national security and was dealt with initially through birth control and other population-reduction programs such as food rationing. But that was too slow for Kissinger, for Brent Scowcroft who replaced Kissinger as national security adviser and was put in charge of thinning out the Third World population, and for his eager enabler, CIA Director George Bush who trotted like a love-starved puppy at Kissinger’s heels for decades.
At first, they used food as “an instrument of national power” to coerce the dumb masses to stop copulating and populating, and then as a deadly weapon because widespread famine not only dealt death quicker, but it was cost-effective. And it made more sense. Like Kissinger said, “To give food aid to a country just because they (sic) are starving is a pretty weak reason.”
If we could imagine the suffering endured by victims of such perverse inhumanity, we might feel a twinge of outrage or, as George Washington so succinctly put it — a “little spark of celestial fire called conscience.” Or not. Perhaps we are so far removed from reality because our minds cannot grasp the horror of that reality. Those who seek to destroy the denizens of this planet are totally without compassion or remorse. They are grotesque mutants who kill indiscriminately in their relentless drive for world conquest and domination.
It’s naive to think the carnage will stop once predators such as Kissinger, Alexander Haig, Robert McNamara, George H.W. Bush, and other One World advocates, many of whom are in their 80s or 90s, are no longer in our midst. With the release of thousands of tons of Depleted Uranium in both Bush Gulf Wars and Afghanistan, they have poisoned food, water and air, and turned the entire region into massive radioactive death camps. Without fear of accountability, they have ensured the slow, agonizing extermination of entire populations, to include the American military, whom Kissinger views as “dumb, stupid animals to be used as pawns for foreign policy” — and their families — that will continue for many generations.
We’re like herds of cattle, grazing placidly, unable or unwilling to imagine that we might share the same fate as the millions throughout the Third World targeted by the elite as “bottom feeders,” contributing nothing — eating into their profit — gluttons who must be dispensed with. Any rancher or farmer will tell you that it’s good business to cull the herd for a variety of reasons, such as market outlook, cash flow, or just to maintain a healthier, more easily controlled mass of cattle. It makes no sense to keep problem cows, the elderly, the ill or non-productive around. There comes a time when you must cut your losses — and cull the herd.
There are those who, unlike Kissinger and his co-conspirators, are not interested in profit or power, but believe fervently that human population is destroying the planet. Perhaps the most outspoken is University of Texas evolutionary scientist Dr. Eric R. Pianka, who gave a speech in March 2006 advocating the elimination of 90 percent of Earth’s population.
According to Forrest M. Mims III, Chairman of the Environmental Science Section of the Texas Academy of Science, and the editor of The Citizen Scientist, Pianka shrugged aside war and famine — too slow — and said “the most efficient and fastest way to kill the billions that must soon die” is disease. Pianka advocates airborne Ebola because, he explained, “it is highly lethal, and it kills in days, instead of years.”
Pianka drew rounds of enthusiastic applause throughout his speech, and a standing ovation when he threw in the Bird Flu for good measure, and quipped gleefully, “We need to sterilize everybody on the Earth.” Five hours later, the University presented Pianka with a plaque, not for winning hands down as “Mad Scientist of the Year,” but in recognition of his being named 2006 Distinguished Texas Scientist.
It doesn’t take a wild imagination to know that genocide is real, and it’s underway in America. The most blatant example is the barbaric response to Hurricane Katrina victims — withholding food, blocking aid, ignoring those clinging to rooftops while crying out in vain for help, leaving corpses to float in the flooded streets or to rot in the Superdome. If you start with the poor, minorities, elderly, the ill or non-productive, the culling becomes much easier the next time around. Those who wait become inured to the inhumanity and, rather than rise up against it, breathe sighs of relief that it’s others and not them who are rounded up and herded to the slaughterhouse.
Imagine what life would be like if the Food and Drug Administration did not ensure the safety of our food chain. . . . if our creeks and rivers were polluted by sewage and industrial waste . . . if vaccines forced on our children caused mental deficiencies, even death . . . if mothers were afraid to breast-feed their babies because the environmental toxin perchlorate present in our food and water supply accumulates in mother’s milk…if our air was contaminated…if we had a government cold-hearted enough to withhold food and aid from the needy and health care from poor children . . . if we were spied upon and incarcerated, tortured, disappeared without charges.
Oh yeah. I forgot. That is what our life is like. All that, and more, is grinding relentlessly away at our safety, our health and our lives.
We have the power to remove these madmen. They are criminals under Articles II and III of the 1948 Convention on the Prevention and Punishment of Genocide, and they must pay for their crimes. One more year wherein millions more throughout the world are slaughtered is, as they say, not an option.
The culling must stop, even if we are forced to stampede. They must be impeached. Go here, here, and here and take action.
Sheila Samples is an Oklahoma writer and a former civilian US Army Publi
That will be the best thing anyone can do. Do the research for your self, take the time and you will find the things I have found. Remember always "Think Free"
...because you likely won't receive the penny they're worth. Your thoughts, that is.
I'll say you present a scary story but Hitlar used the same story to spread hatred against the Jews. It is not always easy sometimes to separate story from fact but you have intrigued my interest in the money supply, market cycles and weather financial institutions can exploit these market events towards sinister gain.
If you are genuinely interested in learning about the workings of our currrent monetary system, fiat money, I suggest you start here.
If everyone paid off their debt, Albertabound, we would simply have a situation much like Germany, not some sort of economic apocalypse. There are many nations whose citizens do not carry around the levels of debt that we are used to in North America. The French version of a Visa is simply a debit card backed by Visa to give it international credibility.
The fact that money represents a debt owed to the holder of the money is scary only superficially.
If everyone paid off their debt, Albertabound, we would simply have a situation much like Germany, not some sort of economic apocalypse. There are many nations whose citizens do not carry around the levels of debt that we are used to in North America. The French version of a Visa is simply a debit card backed by Visa to give it international credibility.
The fact that money represents a debt owed to the holder of the money is scary only superficially.
Why Private Banking Makes Sense
This was taken from the site you provided Niflmir. The last statement is quite interesting.
Now consider this
RBC posts $979 million quarterly profit
Last Updated: Friday, August 26, 2005 | 5:11 PM ET
CBC News
The Royal Bank of Canada said Friday its third-quarter profit jumped 32 per cent to $979 million.
RBC busts records with $5.5B profit
Nixon confident 2008 will remain strong
Duncan Mavin, Financial Post
Published: Saturday, December 01, 2007
Royal Bank of Canada earned record-busting profit of almost $5.5-billion in 2007, achieving the highest annual
income to date for a Canadian bank despite global capital market turmoil that has engulfed the entire industry.
The mammoth earnings were up 16%, or $764-million, even though RBC took a previously announced charge of
$357-million in the fourth quarter related to its capital markets business.
Yes the poor banks would not be able to operate and cover costs without interest. The true fact is, that they could cover their costs by service charges alone.
This was taken from the site you provided Niflmir. The last statement is quite interesting.
Now consider this
RBC posts $979 million quarterly profit
Last Updated: Friday, August 26, 2005 | 5:11 PM ET
CBC News
The Royal Bank of Canada said Friday its third-quarter profit jumped 32 per cent to $979 million.
RBC busts records with $5.5B profit
Nixon confident 2008 will remain strong
Duncan Mavin, Financial Post
Published: Saturday, December 01, 2007
Royal Bank of Canada earned record-busting profit of almost $5.5-billion in 2007, achieving the highest annual
income to date for a Canadian bank despite global capital market turmoil that has engulfed the entire industry.
The mammoth earnings were up 16%, or $764-million, even though RBC took a previously announced charge of
$357-million in the fourth quarter related to its capital markets business.
Yes the poor banks would not be able to operate and cover costs without interest. The true fact is, that they could cover their costs by service charges alone.
Oh wow... you picked up yet another spelling mistake of someone's. Awesome. :roll: