STOP - LOOK and LISTEN!
Canadians paid $170-Million DOLLARS per day, in 2008/09, of unnecessary INTEREST (COMPOUNDED), generated by FEDERAL, PROVINCIAL and MUNICIPAL GOVERNMENT DEBTS...these costs are reflected in your TAXES--Other FEES, and cut-backs in public services, are and will, also occur from these debts, e.g., cuts in education, medicare and deterioration of our infrastructures...only a few to mention.
"If our government, had been using its own (
our) Bank, the BANK OF CANADA, as it should have, for the past 35 years, we would not be in this situation".
Does anyone see a correlation contained in the current economic dilemma facing the greatest SUPER POWER...just to the South of CANADA?
BANK OF CANADA was
founded in 1934 as a
privately owned CORPORATION.
In 1938,
it became a CROWN CORPORATION belonging to the federal government (so in other words; the CROWN must have exchanged some of its goods, in exchange for this, once private BANK).
Since that time (1938), the FINANCE MINISTER, has held the entire share capital issued by the BANK.
Ultimately,
the BANK is owned by the people of Canada (then why does the FINANCE MINISTER hold the entire share capital?).
The BANK is not a government department (its just a CROWN CORPORATION) and,
conducts its activities with considerable independence compared with most other federal institutions (who are these other FEDERAL INSTITUTIONS dependent upon then, for their activities?).
www.bank-banque-canada.ca/en/about/are.html
SECRECY -
SECRET
Oath of directors and staff (CROWN CORPORATION = CIVIL SERVICE EMPLOYEES)
See page 16:
Before a
person starts to act as a director,
an officer or an employee of the BANK,
he or
she shall take an oath, or
make a solemn
affirmation,
of fidelity and secrecy (I guess this is what truly describes;
conducting activities with considerable independence).
BANK OF CANADA ACT
www.bankofcanada.ca/pdf/act_loi_boc_bdc.pdf
If one conducts a simple search, using Dun & Bradstreet's World Wide Website, which has a search feature that can reveal to its members; "insightful reports on millions of companies worldwide," one will see, that a search of the CROWN CORPORATION, otherwise known as; the 'BANK OF CANADA' will reveal results that show no connections to the 'GOVERNMENT OF CANADA'.
The Link to Dun & Bradstreet results:
smallbusiness.dnb.com/ePlatform/servlet/...;SecurityWord=TPVMBA
However: If a similar search is carried out, but this time, on the CANADA REVENUE AGENCY, another of HER MAJESTY'S [CROWN] CORPORATIONS...although you'd be hard pressed, to determine such a description, even via the 'AGENCY'S' own website, where it all but denies, being a CROWN CORPORATION, e.g. [Board of Management: Unlike the boards of Crown corporations, the Board is not involved in all the business activities of the CRA].
The Link to CRA:
www.cra-arc.gc.ca/gncy/brd/rls-eng.html
The deeper one ventures into the hole however, is the more that may be revealed—Upon doing more in-depth searches, one can surely find other information, i.e., that CANADA REVENUE AGENCY is in fact, listed as a CORPORATION OF THE CROWN, e.g. [Heads of Crown Corporations Current List: This document is a listing of all Crown corporations (departmental or parent) as defined in the Financial Administration Act and named in the Schedules II and III of the said Act].
The Link to PARLIAMENT of CANADA:
www2.parl.gc.ca/Parlinfo/Compilations/Fe...rownCorporation.aspx
Once again; if one now does another Dun & Bradstreet search of the millions of companies (CORPORATIONS) worldwide, but this time, for the CANADA REVENUE AGENCY, the results will be as such: [Government of Canada Also Traded as Canada Revenue Agency].
Link to Dun & Bradstreet results:
smallbusiness.dnb.com/ePlatform/servlet/...;SecurityWord=LYEZLO
Note:
You may receive erroneous reports or 'hits' from the Dun & Bradstreet website, while doing searches...we have not actually paid for their real service...simply start from scratch with your search, by entering the information needed on the right of their screen: 'Find A Company'.
Link:
www.dnb.com/us/
Has anyone heard this phrase before; the Federal Reserve Bank, of the UNITED STATES OF AMERICA…is as Federal as: Federal Express?
Dylan Ratigan, joined by the inimitable Alan Grayson and Bill Fleckenstein, does one of the best comprehensive summations of the where we are, how we got here, and why those responsible for the upcoming US default are still doing exactly what they were doing, through the enabling of the Federal Reserve.
The logical question arises: when will someone finally do something about the situation the US is in right now? At this point pretty much everyone understands how the con works (and if you don’t, watch this clip). Why do we allow a handful of corrupt politicians and a select few of Fed members unaccountable to anyone, coupled with a small group of Wall Street CEO, to determine the fate of this nation, and how long will democracy be trampled by those very people who claim to represent nothing but the people’s interests?
“The Greatest Con Job in the World”
Watch the msnbc.com news video...via the active link below:
www.msnbc.msn.com/id/21134540/vp/36233217#36233217