6 Comments

The Bank of Canada had the ability to loan to all levels of government interest free because the Bank of Canada is owned by the people of Canada.

Jean Cretin (Jean Chrétien) changed all that determining that all government borrowing should be from private foreign owned banks causing the debt Canada currently has to them.

The bank of Canada was created as a publicly owned not-for-profit corporation.

If the Bank of Canada shows any profit it is required to return that money to its owners, the people of Canada by decreased taxes or payment to each and every Canadian.

Cretin (Jean Chrétien) should be charged with TREASON. Every government since is guilty of TREASON. Look 'TREASON' up on Wiki.

Expand full comment

Tell the Banks to Go Pound Sand. The 'loans' have no value, and they cannot be legally collected.

Make it illegal for any bank operating in the country of origin to be owned by any person, corporation or entity that is not a citizen of that country!

Sending profits from loan sharking to another country is TREASON!

All banks cannot be on any open stock market available to any person who is not a citizen of the country where the bank exists.

i.e. Why is the Royal Bank of Canada listed on both the NYSE and Nikkei, as well as the TSE?

Expand full comment

👏👏👏this needs to be read by everyone!

Expand full comment

The greatest illusion is that numbers on a page have value. The US law states that numbers on a page have ZERO VALUE. As determined by the Supreme Court of USA. That means that all loans from one country to another or a corporation to a person or a corporation to a corporation without the backing of something of value (Gold, Silver, Oil, etc.) are not worth the paper they are written on.

For a contract to be legal and enforceable the lender must be in a position to lose something of value if the debt is unpaid. If numbers on a page have no value, then what does the lender have to lose?

JUST SAY NO! I refuse to repay a debt and/or its interest created out of thin air and has no legal value.

Expand full comment

Why is this not the principal message of the Conservative Election campaign? Rather than focusing on Carney's disclosure, expose what is already known.

Expand full comment