Friday, January 23, 2015

Canadian Political history of treason Are you a SLAVE?

Canadian Political history of treason
Are you a SLAVE?



We will look at the most dangerous and corrupt legislation that destroyed the Corporation of Canada in 1974 - the year they decided to STOP USING THE BANK OF CANADA. 


We will look at the most dangerous and corrupt legislation that destroyed the Corporation of Canada in 1974 - the year they decided to STOP USING THE BANK OF CANADA.

We need to connect the DOTS as one would say.

One of the biggest questions I encounter when talking about restoring the Bank of Canada, is who changed the policy in 1974? And who is responsible for the Trillion dollar robbery since then?

First we must look at who was in political power at the time and who held the key positions. Also understand how they ALL climbed the latter to become Prime Minister of Canada and who funded them.

Now let’s take a look at the Political Parties involved and Prime Ministers before and after and connect the dots.

Prime Minister: Pierre Trudeau
Minister of Finance: John Turner.
Governor of the Bank of Canada: Gerald Bouey

Because of the changes to the Bank of Canada in 1974 our national debt has skyrocketed from 21.6 billion to 588 billion in three short years in 1977.



Liberal - William Lyon Mackenzie King, He served as the tenth Prime Minister of Canada from December 29, 1921 to June 28, 1926; from September 25, 1926 to August 7, 1930;

Conservative - Richard Bedford Bennett Prime Minister August 7, 1930 - October 23, 1935

Liberal - William Lyon Mackenzie King was re-elected Prime Minister from October 23, 1935 to November 15, 1948.

Quotes by Former Prime Ministers and Presidents




King was first elected to Parliament as a Liberal in a 1908 by-election, and was re-elected by acclamation in a 1909 by-election following his appointment as the first-ever Minister of Labour.

King's term as Minister of Labour legislation significantly improved the financial situation for millions of Canadian workers. He lost his seat in the 1911 general election, which saw the Conservatives defeat his Liberals.

NOTE:  Conservative - Sir Robert Laird Borden Prime Minister October 10, 1911 - October 12, 1917 October 12, 1917 - July 10, 1920

After his defeat King went on the lecture circuit on behalf of the Liberal Party.
But then In June 1914 John D. Rockefeller, Jr. hired him as a Director [of the Rockefeller Foundation in New York City, heading their new Department of Industrial Research. It paid $12,000 per year, compared to the meager $2,500 per year the Liberal Party was paying.

That big money five times his wage increase I wonder what Rockefeller needed.
He worked for the Foundation until 1918, forming a close working association and friendship with Rockefeller, advising him through the turbulent period of the 1914 strike and Ludlow massacre at a family-owned coal company in Colorado, which subsequently set the stage for a new era King became one of the earliest expert practitioners in the emerging field of industrial relations.

Working for the Rockefellers performing valuable service by helping to keep war-related industries running smoothly

King expanded the Department of External Affairs, founded in 1909, to further promote Canadian autonomy from Britain.

Prior to this, Canada had relied on British diplomats who owed their first loyalty to London.

King recruited many high-calibre people for the new venture, including future Prime Minister Lester Pearson. This project was a key element of his overall strategy, setting Canada on a course independent of Britain.

In domestic affairs King strengthened the Liberal policy of increasing the powers of the provincial governments by transferring to the governments of Manitoba, Alberta, and Saskatchewan the ownership of the crown lands within those provinces, as well as the subsoil rights; these in particular would become increasingly important, as petroleum and other natural resources proved very abundant.

NOTE: King new centralized power is absolute power and absolute power corrupts.

Canada's Central Bank Scam Prime Minister Paul Martin's Badly Kept Secret




The people who knew didn’t stop it Paul Martin said he knew and he was Prime Minster of Canada, but he never stopped it WHY?

Paul Martin was the Finance Minister during the Chretien government November 4, 1993 - December 12, 2003

An intriguing secret overhangs the federal election.  Prime Minister Chretien appeared to have everything in the bag, so utterly was his control of information.

He knew exactly what had brought on the financial bust of the late 1980s, and how the Private Banks had been bailed out by enabling them to quadruple their holdings of federal government bonds by being able to acquire them without putting up any of their own money. The statutory reserves - were some 8% to 10% of the deposits the banks received in their chequing accounts that had to be re-deposited on an interest-free basis with the Bank of Canada. 



Such reserves had been abolished in a bill sneaked through parliament in 1991 without debate or press release.

Conservative - Martin Brian Mulroney September 17, 1984 - June 25, 1993

When critics dug up the facts of that bailout, the banks cried indignantly:  "It was an unjust tax on the banks!" But it was no tax at all. From a "lender of the last resort", the government had simply moved into the position of "the donor of the first resort".

Throughout the 1980s it had bailed out bankrupt banks. 

And since the government of Canada is the sole shareholder of the Bank of Canada when it switched its borrowing from its own bank the Bank of Canada to the distressed banks, they lent back to the government some of the money it had bestowed on them as a gift. 



And since the government of Canada is the sole shareholder of the Bank of Canada when it switched its borrowing from its own bank the Bank of Canada to the distressed banks, they lent back to the government some of the money it had bestowed on them as a gift.

That was the secret of secrets, the dead rat beneath our floor boards that poisoned the very air politicians breathe. 

Yet Canadians, who pay, ultimately pay the shot in the GST every time they go into a store. They were the ones who really bailed out our banks. The details have been withheld from the public, but the total picture is revealed to them whenever they do a bit of shopping or drive over the potholes in our roads, or suffer from the crumbling of our infrastructure, to poverty and homeless people are the end results.



Conservative  - Charles Joseph Clark  was Prime Minister June 4, 1979 - March 3, 1980 and April 20, 1968 - June 4, 1979

Liberal John Napier Turner June 30, 1984 - September 17, 1984

Liberal - Pierre Elliott Trudeau March 3, 1980 - June 29, 1984

As further proof of his "fiscal responsibility", he stashed away government revenue to "hide against a rainy day". It was in fact the part cost of keeping the sun shining on our banks' excursions into the US financial Wild West.

Not only were these incompatible with their banking activities, but not particularly successful. They have already cost them a small fortune.

But that was not enough, Mr. Martin got himself into an awful row behind closed doors with the Auditor-General of that day, Denis Desautels, on the government's practice of ignoring double entry bookkeeping.

When it built a bridge, a school, or a penitentiary, it wrote off the spending in a single year while keeping the debt incurred on its books as a liability.

After weeks of wrangling a compromise was reached in which this accrual accountancy (also known as `capital budgeting') would be introduced with respect only to the aboriginal peoples' accounts and the environment.

That resulted in the discovery of an unrecognized surplus that he wore like a Purple Heart Cross.

Yet under the terms of his settlement with the Auditor-General, the final balance sheets of the government would be subject to approval by the Auditor-General. Until that approval is forthcoming, Mr. Martin is as much in the dark about the government's balance-sheets as the general public.

 Accordingly it falls to the electorate to decide whether he really has been a prudent administrator, or has just bullied his auditor.

 Could it be that in Canada we reward them with 10-year runs as head of state?  That was the grand illusion of Mr. Martin's career. The time has come to prove him wrong.

But surely, all these things are far too complicated for the ordinary elector to understand. Hence how did the public pierce the mystery and grasp the essential fact that Mr. Martin has been up to no great good.

Thus Roy MacGregor (The Globe & Mail 7/06/04 ) sums up the situation" With voters putting the boots to Martin so early, it means the public attention span has ample time to wander over to those who might take his place. Two weeks ago the election was Paul Martin's to lose, and it appears he lost it almost instantly; today, it is Stephen Harper's to lose."

This adds up to a crisis of our democratic system. The need for proportional representation, so that minority groups at present unrepresented in parliament will be able to demand vital information that is at present denied the major parties, or who simply fail to fight for it. Being a major party involves a massive dependence on major finances for TV ads, the attaches major parties to our banks with nose-rings.

How then did Mr. Martin's secret get through to them despite its complexity that left Mr. Martin himself confused?



We pay them 160 million dollars a day in interest

The answer is simple. There has been a massive redistribution of the national income, and with the increasing break-down of or our infrastructure and the ongoing voracity of our banks, it continues, day and night.

Heather Scoffield ( The Tories' $90-billion question" Globe and Mail 7/06) sums it up : "Both Tim O'Neill, chief economist of the Bank of Montreal and Dale Orr, managing director at Global Insight (Canada) recognize a scenario such as Conservatives as a viable option, as long as spending is frozen. On the other hand, most economists agree that keeping spending in check will involve cuts to some programs."




That is the great secret that Mr. Martin could only add to, but not hide
The last bailout of the Private Banks was no one-shot affair, but an ongoing entitlement. When two of our major banks have had fines imposed on them by the regulatory authorities in the US $80 million - quite apart from likely class actions for which they are setting aside reserves - that comes out of the hides of Canadian taxpayers.


Vital information about Mr. Martin's fiscal prudence comes to voters whenever they go into a store and pay the GST that Mr. Martin as Liberal Finance Minister was supposed to do away with.

You can fool the public three times with tales of self-aggrandizement, but the fourth time is a toughie these days.

“Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognised as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.
― William Lyon Mackenzie King

How Ironic King is now on the 50 dollar Canadian Bill when he was so against Private Banks. It’s not a Canadian bill; it’s a private bank bill with wording that says Canadian.


Andrew Jackson - As a military officer he virtually acquired Florida by force of arms from Spain and defended New Orleans against the British. As President he fought the rewarding of government positions to party loyalists, paid of the US Debt and he abolished the Private Banking system from the US and established the position that an individual state could not nullify the laws of the land. He was a strong and competent President, but his treatment of the Native Americans was shameful.
Video below


If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations. -Andrew Jackson 

If the American people ever allow private banks to control the issue of their  currency, first by inflation, then by deflation, the banks…will deprive the people of  all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)“I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson

History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. -James Madison
President Jackson- ATTEMPTED ASSASINATED

Rothschild’s had lost a fierce battle with President Jackson with regard to keeping their Central Bank. For in 1834, Jackson removed all government deposits from the Rothschild’s “Second Bank in the United States.”
President William McKinley ASSASINATED

A new System of National Banks was established in 1862 eliminating the Central Bank up through 1901. It was on September 6 1901 that President William McKinley was assassinated through the intrigues of the Rothschild’s and their hit-men.

With McKinley out of the way, the path to the Federal Reserve Act of 1913 was easily paved through of the House of Rothschild.

President William McKinley was known as a “hard money” man. This was because he advocated a gold standard. McKinley was against “easy money” with no backing — printed by lenders at interest to the borrower - namely the US government.

This was the essence of McKinley’s 1896 & 1900 successful campaign
Theodore “Teddy” Roosevelt had been groomed by the powerful Rothschild’s political machine to be the Governor of NY and future President of the United States. In 1900, McKinley was forced by Republican partisans to appoint “Teddy” Roosevelt as Vice President to get the “Jewish vote.” McKinley’s appointment of Roosevelt soon turned out to be his demise.

The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. -Abraham Lincoln.

Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provision [which] would place our currency and credit system in private hands. – Theodore Roosevelt

Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most  completely controlled and dominated Governments in the civilized world no longer a  Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. -Woodrow Wilson.

Years later, reflecting on the major banks’ control in Washington, President Franklin Roosevelt paid this indirect praise to his distant predecessor President Andrew Jackson, who had “killed” the 2nd Bank of the US (an earlier type of the Federal Reserve System). After Jackson’s administration the bankers’ influence was gradually restored and increased, culminating in the passage of the Federal Reserve Act of 1913. Roosevelt knew this history.

(In a letter to Colonel House, dated November 21, 1933)

The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government ever since the days of Andrew Jackson… -Franklin D. Roosevelt

(In a letter to Colonel House, dated November 21, 1933)

When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” – Napoleon Bonaparte, Emperor of France, 1815

“The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization.” Otto von Bismark (1815-1898), German Chancellor, after the Lincoln assassination

Mayer Amschel Rothschild
“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.

“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” The Rothschild brothers of London writing to associates in New York, 1863.

It has absolutely nothing whatsoever to do with creating "revenue" or raising money to build roads and schools. That is a total delusion played off by both Republicans and Democrats to prevent people from realizing the far more powerful truth that federal income taxes aren't necessary at all.
John F Kennedy  vs. The Federal Reserve

On June 4, 1963, President John F. Kennedy signed Executive Order (EO) 11110 to compel the U.S. Treasury to issue paper certificates backed by silver held by the Treasury. The certificates directly challenged the authority of the Federal Reserve Bank to "loan" fiat (unbacked) money to the United States government at interest.

Executive Order 11110
AMENDMENT OF EXECUTIVE ORDER NO. 10289 AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY. By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:

SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended - (a) By adding at the end of paragraph 1 thereof the following subparagraph (j): "(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and (b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.
SECTION 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.
JOHN F. KENNEDY, THE WHITE HOUSE, June 4, 1963
John F Kennedy – ASSASINATED

On June 4, 1963, President Kennedy signed Executive Order 11110. The order could have—and should have—begun the process of ending the Federal Reserve money monopoly in America. Instead, President Kennedy was assassinated and a few months later the silver certificates he ordered into circulation were removed.

One thing is for certain: Fiat money cannot compete with real money. Had President Kennedy and the silver certificates survived, the Federal Reserve would have been out of business

Just some History for those who attempt to stop the Private banking Cartel what happens

So now back to Canada.

Prime Minister R.B. Bennett called for a Royal Commission in 1933, and it reported in favor of a Central Bank. The Bank began operations on March 11, 1935, after the passage of the Bank of Canada Act.

Initially the Bank was founded as a privately owned corporation in order to ensure it was free from political influence.

In 1938, under Prime Minister William Lyon Mackenzie King, it became a Crown Corporation, fully owned by the government with the Governor appointed by Cabinet.

The responsibility for creating small bills was transferred from the Finance Department to the Bank of Canada and the private banks were ordered to remove their currency from circulation by 1945.

The Bank of Canada played an important role in financing Canada's war effort during World War II. After the war, the Bank's role was expanded as it was mandated to encourage economic growth in Canada.

The subsidiary Industrial Development Bank was formed to stimulate investment in Canadian businesses.

The monetary policy of the Bank was geared towards low interest rates and full employment with little concern about inflation. When inflation began to raise in the early 1960s, the Governor, James Coyne ordered a reduction in the money supply.

Now we see the change to our Bank of Canada coming slowly being re –rooted in stealth.

Prime Minister John Diefenbaker disagreed with this move, and ordered a return to full employment policies.

This caused a brief crisis because the Bank was supposed to be an arm’s length organization, not under political control.

Coyne resigned, and was replaced by Louis Rasminsky.
Louis Rasminsky, Governor of the Bank of Canada from 1961 to 1973, succeeding James Coyne He was succeeded by Gerald Bouey.

NOTE: 1974 Bank of Canada stopped its Primary Role changed during Gerald 

Bouey was Governor of Bank of Canada.
Prime Minister: Pierre Trudeau
Minister of Finance: John Turner
Governor of the Bank of Canada: Gerald Bouey

Gerald Keith Bouey, was the fourth Governor of the Bank of Canada from 1973 to 1987

In 1948 Bouey joined the Bank of Canada Research Department and became Assistant Chief in 1953, Deputy Chief in 1956 and Chief of Research in 1962. Bouey became Advisor to the Governor in 1965, Deputy Governor in 1969 and Governor in 1973.

In 1981, he was made an Officer of the Order of Canada and promoted to Companion in 1987.

During  his role as Prime Minister Trudeau and former Governor of the Bank of Canada Gerald Bouey removed control of Canada's currency by allowing private banks to secretly control and print the public's money into existence rather than borrowing it at  Zero percent interest.

NOTE: “In 1867 Canada’s debt was $94 million and it grew slowly until 1915, when WWI pushed the figure to $2.4 billion.

During the Great Depression the debt rose to $5 billion, and by the end of WWII it had reached $18 billion.”

Conservative - Prime Minister Martin Brian Mulroney September 17, 1984 - June 25, 1993 removed that restriction, so money “created” by any bank is imaginary.

There was a small administrative fee, interest on bonds, but for purposes of this illustration, there was virtually zero interest. We were borrowing money from ourselves. $100 borrowed @ 0 interest is $100.

All these Prime Ministers, Finance Minister, and every political party are the same. They may use different names or be a liberal, of Conservative but all on the same agenda. They removed our Bank of Canada deliberately and creating mass debt. Is this a crime YES?

LIBERALS – CONSERVATVES ARE TO CLOSE TO THE BANKS
These are slow steps year after year to enslave the Canadian people.

Canada’s deficit isn’t a problem of over-spending or having too many programs, it is a problem of paying compound interest to this Private Corporation. (Private Banks)

Private Banks create money by putting an amount in the ledger (out of thin air). So far, public/private banks do the same. Private Banks, however, charge compound interest.

For those who need a math refresher, compound interest means that interest is charged on the principal plus the interest so far accrued, ad infinitum.  So, $100 borrowed @ 3% interest becomes $103, $103 becomes $107, $107 becomes $110.21,  $110.21 becomes $113.50. And so on and son and so on. (Some numbers rounded.)

You get the idea – a runaway train taking taxpayers’ money and transferring it via interest to the banksters. 

This is wealth re-distribution on a monumental, unfathomable scale.  And people get upset at governments for paying $610 a month to the disabled, sick, or injured 

Canadian citizens!  Who is actually Hah! Chump change!

I've read and watched a few versions of who did what but whether it was  pressure from the International Monetary Fund (IMF), the World Bank, or the bankster cabal, the upshot is, in 1973/74, then Governor of the Bank of Canada, Gerald Bouey, seems to have  made the decision by himself to start borrowing on behalf of Canada from private banks.

NOTE: Impossible for one man to do this. This was well orchestrated in stealth,
According to the Honourable Paul Hellyer, who asked Pierre Trudeau’s biographer, there is no record of Trudeau himself, or the government of the day making this monumentally damaging decision!  One unelected man did this!!

Now I find this hard to believe myself. We can’t ask Gerald Bouey as he died February 6, 2004.

How has this damaged Canada? Let me count the ways.


When we pay interest on interest on interest, we grow the amount of debt, which for governments is called deficit.  Unlike a mortgage, where the interest portion of the monthly payment decreases as the principal is paid down, the deficit rises because of the increase, not just in borrowing, but in compound interest on the total.

Without continually raising taxes, there becomes less and less money for governments to do anything in terms of programs, infrastructure, MP’s salaries and pensions, foreign aid, etc.

So governments keep borrowing and borrowing and borrowing.  Giving tax cuts to corporations and the wealthiest citizens just takes more money out of government revenue, so more borrowing must be done. 

Canada’s deficit isn’t a problem of over-spending or having too many programs, it is a problem of paying compound interest to banksters.

You can easily understand now, why we don’t have a healthcare crisis, we have an interest-paying crisis, affecting our healthcare and all program funding.

If this sounds too simple, it isn’t. It seems hard to get one’s head around because unnecessarily borrowing at interest is so obviously stupid and against a country’s best interests.

A 12-year old Victoria Grant can explain the basics in 6 minutes.

Victoria Grant - Public Banking 2013: Funding the New Economy, June 3rd 2013

NOTE: Yet as recently as the 2001 Ontario budget, James Flaherty, as Minister of Finance for Ontario “sold” the 91 year old  Province of Ontario Savings Office to a private bank. 

It actually made a profit, and the Province could get loans at better rates than from private banks. Reason given?  To end “wasteful activities that could be eliminated”.  Baloney! It made a profit of $10 Million!
These people are committing fraud and need to be arrested.

This is the stated “reason” for all the cuts.  It’s called “starving the beast”: drive up the deficit to show the need for cuts later. It’s akin to ripping up your clothes to justify getting new ones, only backwards.

The deficit could be stopped in its tracks right now, if Canada would start borrowing from the Bank of Canada instead of private banks.  Yes.

Unfortunately we, and almost all, if not all nations, have a Goldman Sachs man in place. Ours is Governor of the Bank of Canada, Mark Carney. He was on the guest list of the Bilderberg meeting in June 2012.

There were a few other Canadians on the list, including Alberta’s Alison Redford. I’ll put a link to Bilderberg info for those who don’t know about this annual secret meeting of CEOS, Governments, banking, media moguls, industry leaders and US Presidential hopefuls!

It is thought to be working towards a one world government. Think Globalized industry & finance making global laws. The Trans Pacific Partnership gets us well on the way there, according to leaked documents.

All Major Canadian Parties are owned and bought and paid for, with the possible exception of the Green party, since Elizabeth May understands this theft, perpetuate this bank theft from our citizens.

Every Premier has been so far assimilated into the corporatist corrupt system!

Not one knows how to create jobs, but they sure can sell us all out for their piece of the pie.

We know where PM Harper and Minister Flaherty stand.

There is a link below to a conversation about it with the NDP Leader Thomas Mulcair. 

The only man in recent times who wanted to use the public bank was Bob Rae when he was Ontario’s Premier, and he was told he couldn't.

That’s why he couldn't fulfill some of his election promises and had to take other steps, such as the infamous Rae days. Blame the banksters.
Bill Abram he passed away last year he was inspirational to many

Who Changed The Bank Of Canada’s Policies In 1974 And Why?

Official history of the Bank of Canada.

Honourable Paul Hellyer: A Global Hope Plan

NAFTA Chapter 11

Bank interest is what is behind the austerity programs in Canada, European Union, Britain and the US

The people are suffering in order to pay the banksters!

Yet any country can have a publicly owned bank. It only takes the political will to set one up.

And Canada had done this for the past for 75 years but has since stopped.
Because of the changes to the Bank of Canada in 1974 our national debt has skyrocketed from 21.6 billion to nearly 588 billion in 3 years

Some information of James Elliott Coyne, Governor of the Bank of Canada, from 1955 to 1961, During his time in office, he had a much-publicized debate with Prime Minister John Diefenbaker, a debate often referred to as the "Coyne Affair" (or sometimes the "Coyne Crisis"), which led to his resignation.

NOTE: Before Bank of Canada Governor Mark Carney, there was James Coyne.

Beginning in the late 1950s, Mr. Coyne set in motion a chain of events that would eventually allow his successors to comfortably range beyond the confines of interest-rate setting.

What these individuals did is treason.

In Canada, the central bank’s arm’s-length relationship with cabinet will be linked forever to Mr. Coyne, who engaged in a public war of wills with the government of John Diefenbaker, culminating in the Bank of Canada governor’s resignation in 1961.

The incident became known as the “Coyne Affair,” a traumatic event that roiled financial markets, embarrassed the government and wounded morale at the Bank of Canada.

But in the fallout, Mr. Diefenbaker accepted that the Bank of Canada should have a clear mandate to operate without day-to-day interference from government.

Possibly the greatest thing James Coyne did was to spark the crisis

The capsule history of Mr. Coyne’s fight with Mr. Diefenbaker characterizes the incident as a battle between a principled central banker who wanted to guard against inflation, and a prime minister who wanted to stoke a lacklustre economy. 

(With strict austerity policies or not be diverted from his austerity programme)
Conservative - Richard Bedford Bennett,. He served as the 11th Prime Minister of Canada from August 7, 1930, to October 23, 1935, during the worst of the Great Depression years.

Following his defeat as Prime Minister, Bennett moved to England, and was elevated to the peerage as Viscount Bennett.

Do you remember Premier Gordon Campbell who sold BC out and then shipped to Europe as a Canadian Ambassador?

NOTE: Gordon had to resign because of fraud and Christy Clark unelected became Premier of BC and she is selling BC out also.
Some important friendships

One day, while Bennett was crossing the Miramichi River on the ferry boat, This was the beginning of an improbable but important friendship with Max Aitken, later the industrialist and British press baron, Lord Beaverbrook.

This friendship would become important to his success later in life, as would his friendship with the Chatham lawyer, Lemuel J. Tweedie, a prominent 
Conservative politician.

Another important friendship was with the prominent Shirreff family of Chatham, the father being High Sheriff of Northumberland County for 25 years. The son, Harry, joined the E.B. Eddy Company, a large pulp and paper company. 

Their friendship was crucial to his later life when Jennie Shirreff married the head of the Eddy Company. She later made Bennett the lawyer for her extensive interests.

He was already negotiating with Sir James Lougheed to move to Calgary and become his law partner. Lougheed was Calgary's richest man.
Bennett moved to Alberta in 1897. In 1908 he was one of five people appointed to the first Library Board for the city of Calgary

Before Bennett became Prime Minister he was already being groomed by the most financial men in Canada. In 1910, Bennett became a director of Calgary 

Power Ltd. (now formally TransAlta Corporation) and just a year later he became the President. During his leadership projects completed included the first storage reservoir at Lake Minnewanka, a second transmission line to Calgary and the construction of the Kananaskis Falls hydro station. At that time, he was also director of Rocky Mountains Cement Company and Security Trust.

In 1905, when Alberta was carved out of the territories and made a province, Bennett became the first leader of the Alberta Conservative Party. In 1909, he won a seat in the provincial legislature, before switching to federal politics.


Liberal - Louis Stephen St. Laurent, 12th Prime Minister of Canada, from 15 November 1948 to 21 June 1957.

I find this interesting
He became one of Quebec's leading lawyers and was so highly regarded that he was offered a position in the Cabinet of the Conservative Prime Minister Arthur Meighen

It was not until he was nearly 60 that St-Laurent finally agreed to enter politics when Liberal Prime Minister William Lyon Mackenzie King appealed to his sense of duty in late 1941

Political Record
•          Trans-Canada Highway Act 1949
•          Promoted Canada's membership in the North Atlantic Treaty Organization (NATO) 1949
•          Welcomed Newfoundland into Confederation 1949
•          Canadian participation in the Korean War 1950-1953
•          Appointed Vincent Massey first Canadian-born Governor General 1952
•          Start of construction of the St. Lawrence Seaway 1954
•          Equalization payments 1956
•          Canada Council established 1957
•          Leader of the Opposition 1957-1958


William Lyon Mackenzie King and the Liberal party felt there was no man better qualified to succeed as Prime Minister. St. Laurent was persuaded to stand as a candidate at the leadership convention in August 1948, which he won.
Conservative - John George Diefenbaker, 13th Prime Minister of Canada, serving from June 21, 1957, during his six years as Prime Minister, his government obtained passage of the Canadian Bill of Rights and granted the vote to the First Nations and Inuit peoples.

The Bomarc Missile Program was highly controversial in Canada.  John 
Diefenbaker initially agreed to deploy the missiles, and shortly thereafter controversially scrapped the Avro Arrow, a supersonic manned interceptor aircraft, arguing that the missile program made the Arrow unnecessary
Now we have an idea why it was scrapped, still many unanswered questions here. I lean towards corruption.

Initially, it was unclear whether the missiles would be equipped with nuclear warheads. By 1960 it became known that the missiles were to have a nuclear payload, and a debate ensued about whether Canada should accept nuclear weapons. Ultimately, the Diefenbaker government decided that the Bomarcs should not be equipped with nuclear warheads. The dispute split the Diefenbaker Cabinet, and led to the collapse of the government in 1963

Liberal - Lester Bowles "Mike" Pearson He was the 14th Prime Minister of Canada from 22 April 1963 to 20 April 1968.

Chrétien worked his way up to parliamentary secretary to Prime Minister Pearson.

But how did he get into cabinet and became Finance Minister?

Well here it is Lester Pearson's great ambition in life was to be a professional baseball player," Chrétien recalls. "In those days, we had an annual softball game between the MPs and the Parliamentary Press Gallery. I pitched for the MPs' team. Pearson was the manager. We won the game. And that was the day I earned my seat in the cabinet.

Jean Chrétien "I didn't want my first vote to be against my party," Chrétien recalled. "But I had committed during the campaign to vote against [the missile installation] unless there was proof we'd agreed to it."

Fifty years later, Chrétien fesses up on how he ended up voting with the Liberal government.

"They showed me some secret cabinet documents," he told the conference. "I couldn't speak much English and couldn't understand what I was reading, but they told me, 'Here's the commitment in writing.'  So I voted with the government."

This is how it works ONE BOSS, and do as your told, no independent thought do as the Party Boss says.

Liberal Party - Joseph Philippe Pierre Yves Elliott Trudeau, usually known as Pierre Trudeau or Pierre Elliott Trudeau, was the 15th Prime Minister of Canada from April 20, 1968 to June 4, 1979. So this happened while he was Prime Minister.

Note: (BANK OF CANADA WAS REMOVED FROM ITS PROPER FUNCTION IN 1974)

Conservative - Charles Joseph "Joe" Clark 16th Prime Minister of Canada, from June 4, 1979, to March 3, 1980.

After he was defeated in the next election he returned in 1984 as a senior cabinet minister in Brian Mulroney's cabinet

Conservative Martin Brian Mulroney (18th Prime Minister of Canada from September 17, 1984 to June 25, 1993

Now who was he working for that’s the question sure not the good of the country

Major disastrous economic reforms, such as:
Canada - US Free Trade Deal – which has
NAFTA: Manufacturing job loss in Canada


Mulroney was another prime minister of Canada who was a threat to Canadian nationhood also ran up 300 billion dollars of new debt.

NAFTA, massive corporate tax cuts and do-nothing industrial policies promoted by Ottawa are destroying Canada’s manufacturing sector - this at a time when corporate profits are at an all time high. Free trade policies have hurt both Canadian workers and workers in poorer countries.

Wal-Mart: The High Cost Of Low Prices FULL MOVIE


No Canadian manufacturing Business can compete with slave labour
Goods and Service tax:
• Another Tax brought in and we all know this was another TAX scam
Meech Lake Accord:
• Resistance built and support plummeted as a deal done in the dark came into the light. Another blunder and millions of TAX dollars wasted
Charlottetown Accord

Another blunder and millions of TAX dollars wasted


The judge said he could not accept Mulroney’s testimony that his acceptance of at least $300,000 in cash was an error in judgment. Rather, it was an attempt to hide the transactions and cost the Canadian tax payers millions because they called him a crook. He sued Canada well you the tax payer.


Conservatives and Brian Mulroney had fallen to very low levels in the polls and Mulroney realizing that he could not possibly win another mandate, decided to step down.  REALLY,

So Kim Campbell took his place as acting Prime Minister (She was never voted in by the Canadian citizens just the Conservative Party).

Conservative Kim" Campbell 19th Prime Minister of Canada, from June 25, 1993 to November 4, 1993, she was acting Prime Minister for 132 days until she was defeated in the next election.
Gun Control

• Another blunder and millions of TAX dollars wasted actually 7 Billion and climbing,

Liberal leader Jean Chretien defeated her in the election mostly because of the corruption of Brian Mulroney and policies such as NAFTA, Charlottetown Accord, GST, Charlottetown Accord, Gun control all were found negative for the future of Canada.

The results of this election wiped the Conservatives out of government. As the results began to come in on election night, the vote for the Liberals became a landslide. The final results were Liberals - 177 seats, Bloc = 54 seats, Reform Party 52 seats, NDP 9 seats, Progressive Conservatives 2 seats and others
Liberal Party - Joseph Philippe Pierre Yves Elliott Trudeau returned March 3, 1980 to June 30, 1984 as Prime Minister.

Now here is something to consider and do some research your selves.

NOTE: Prime Minister: Pierre Trudeau appointed John Turner Minister of Finance: Governor of the Bank of Canada:
Pierre Elliott Trudeau stepped down June 4, 1979. This is important!
John Napier Wyndham Turner, 17th Prime Minister of Canada from June 30, 1984 to September 17, 1984.

What happened from June 4, 1979 to June 30, 1979 in these 26 days?


We know for 75 years we were involved in two world wars, built TransCanada 
Highway from east to west or vise versa, infrastructure, EI, pension’s funds, Top of the world Health care and only had a debt of 21.6 Billion dollars.

Turner held the office of Prime Minister for 79 days (the second shortest tenure in Canadian history after Charles Tupper), as he dissolved Parliament immediately after being sworn in as Prime Minister.

Connecting the DOTS

He then flew over to see the Queen; something does not sit well with this.
So why would he have to fly over to see the Queen, well here is what most Canadians think that Canada is an independent country. Well it’s not

What powers does the Queen have?

The Queen has the right to rule: the people are not citizens, but subjects of the monarch. Most public servants must swear an oath of loyalty, or make an affirmation of their loyalty, to the crown.

The Canadian Oath of Allegiance is a promise or declaration of fealty to the 

Canadian monarch, taken, along with other specific oaths of office, by new occupants of various federal and provincial government offices, members of federal, provincial, and municipal police forces, military of the Canadian Forces and, in some provinces, all lawyers upon admission to the bar. The Oath of Allegiance also makes up the first portion of the Oath of Citizenship, the taking of which is a requirement of obtaining Canadian citizenship.
The Queen has the right to be consulted and to "advise and warn" ministers. 

Otherwise her residual powers - the "royal prerogative" - are mostly exercised through the government of the day. These include the power to enact legislation, to award honours (on the advice of the prime minister), to sign treaties and to declare war.

But royal prerogative is the subject of controversy, because it confers on governments the power to make major decisions without recourse to parliament. 

When Edward Heath brought Britain into the EEC in 1972, parliament was not consulted until afterwards. Similarly, Margaret Thatcher used royal prerogative to go to war in the Falklands in 1982.

In Canada Apr 3, 2011 - Queen dissolves Canadian Parliament for third time in 3 years for – Canadian Prime Minister Stephen Harper.
Prime Minister Stephen Harper will visit the Governor General today to dissolve Parliament, setting the stage for a federal election in early May.
The Harper government was defeated in the House of Commons on Friday on a non-confidence motion declaring the government in contempt of Parliament.
It is the first time in Canadian history that a government has been found in contempt.

For those in denial of the Queen’s power over her colony-states, here are previous occurrences:

Canadian Harper PM wins suspension of Parliament


The Queen has two individual powers that could cause a political crisis if they were ever exercised. She may refuse a government's request to dissolve parliament and call an election, if she believes a government can legitimately be formed. She also has the right to choose the prime minister: a formality in the case of a clear majority, but potentially controversial after an inconclusive 
general election.


Over the past 10 years, the Canadian cost of supporting the monarchy has more than doubled. We pay the Queen roughly 50 million a year.


CANADA QUEEN REMINDS CANADA WHO IS THE SOVEREIGN RULER

QUEEN of 16 Member States - QUEEN of CANADA

https://www.youtube.com/watch?feature=player_embedded&v=1wffqnlcRI8


In his political career, Turner held several prominent Cabinet posts, including ----
---Minister of Justice and Minister of Finance, under Prime Minister Pierre
Trudeau from 1968 to June 4, 1979. So he was involved in the Bank of Canada 

Remember 1974 Bank of Canada was removed, we had 21.6 billion dollar debt to ourselves, and in 1997 just 3 short years’ later Canadian citizens were in debt to a private bank of a tune of 588 billion, WHAT HAPPENED?

If you got money you can get away with Murder or get away with anything you want that’s our system they created for us. It’s the law that taught us this. Go ahead and break the law if you have money or write the law yourself if you have money.

Montreal Police were told to increase tickets from 18 a day to 28. This is just a tax grab.

Now with Canada going into recession or possible a depression and the prospect of having to implement the unpopular wage and price controls, Turner surprisingly resigned his position as Prime Mister of Canada from June 4, 1979 to June 30, 1974 in only 26 days.

So from 1974- 1977 Canada debt went from $21.6 billion to 588 billion in three short years

NOTE: John Turner was made Minister of Justice, which was the position that Trudeau had held before becoming Prime Minister and while in that position

Trudeau and the Liberals won the 74 election by opposing wage and price controls, but once in power, Trudeau switched horses and decided to bring them in.

Turner under growing pressure in his position as Finance Minister and with no other interesting options available to him decided to leave politics and in 1979

In 1979 the Liberals were defeated and Trudeau stepped down. Turner was asked to run for the leadership but seeing the fortunes of the party at low ebb and a potentially a long hard battle to rebuild it at hand, he decided against it.

Through the twists of political fate, Joe Clark was defeated during a vote of confidence, Trudeau returned as leader and the Liberals won another majority mandate.

After a hiatus from politics from 1975 to 1984, Turner returned and successfully contested the Liberal leadership. Turner held the office of Prime Minister for 79 days (the second shortest tenure in Canadian history after Charles Tupper), as he dissolved Parliament immediately after being sworn in as Prime Minister.

Why did he dissolve Parliament?

Then he calls an election and then went on to lose the 1984 election in a landslide to Conservative Martin Brian Mulroney September 17, 1984 - June 25, 1993. But I will go into more detail on this later.

John Turner was also saddled with the negative issues of the Trudeau years and the desire by many for a change. One of the main issues of the election was some patronage appointments which were made and which he approved of which although traditional and in line with past practices and standards, did not go down well with the electorate.

The Conservatives jumped on these appointments and made them into a banner of corrupt Liberal practices. Turner and the Liberals were badly beaten. 

From the late 1960s until the mid-1980s, he dominated the Canadian political scene and was appointed as Lester Pearson's Parliamentary Secretary, and later became his Minister of Justice and Minister of Finance

Liberal Party - Lester Bowles "Mike" Pearson was the 14th Prime Minister of Canada from 22 April 1963 to 20 April 1968, as the head of two back-to Liberal Governments in 1963 and 1965

John Napier Wyndham Turner 17th Prime Minister of Canada from June 30 to September 17, 1984.

In his political career, Turner held several prominent Cabinet posts, including Minister of Justice and Minister of Finance, under Prime Minister Pierre Trudeau from 1968 to 1975.

Isn't that convenient he returned the same favour Lester Pearson did for him and did they same exact thing for John Napier he was appointed Minister of Justice and Minister of Finance

NOTE: Prime Minister: Pierre Trudeau Minister of Finance: John Turner Governor of the Bank of Canada:

Amid a world recession and the prospect of having to implement the unpopular wage and price controls, Turner surprisingly resigned his position in 1975. After a hiatus from politics from 1975 to 1984, Turner returned and successfully contested the Liberal leadership.

Why did he contest the Liberal Leadership? I have my opinion.

Turner held the office of Prime Minister for 79 days (the second shortest tenure in Canadian history after Charles Tupper), as he dissolved Parliament immediately after being sworn in as Prime Minister, and went on to lose the 1984 election in a landslide.


Turner stayed on as Liberal leader and headed the Official Opposition for the next six years, leading his party to a modest recovery in the 1988 campaign, resigning from politics in 1990.

1984, and John Turner succeeded him as Prime Minister.


Admirers praise the force of Trudeau's intellect and salute his political acumen in preserving national unity against the Quebec sovereignty movement, suppressing a violent revolt, and establishing the Charter of Rights and Freedoms within Canada's constitution. Critics accuse him of arrogance, economic mismanagement, and unduly favouring the federal government relative to the provinces, especially in trying to distribute the oil wealth of the Prairies.

Liberal - Paul Edgar Philippe Martin also known as Paul Martin, Jr. was the 21st Prime Minister of Canada.

Martin served as the Member of Parliament from 1988 election to his retirement in 2008.

Now we have Harper and let’s take a good look at what he has done or not done for Canada, by far he has to be the worst Prime Minister in our history of Canada.

NOTE: Bank of Canada is still the Number one fraud, but Harper also well aware of this fraud of the bank of Canada still continues to put many more nails in to the Canadian coffin than any other Prime Minster.


His Policies will shock you if you have not paid attention. I also will understand as the main Media in Canada has not informed most Canadians of his dealing.

THE NEW CANADA UNDER STEVEN HARPER
Conservative -Stephen Harper Prime Minister is the 22nd and current Prime Minister of Canada .Harper became Prime Minister in 2006, forming a minority government after the 2006 election.

Harper with a power base in Alberta and home of Canada's oil boom, Known as an ally of Canadian fossil fuels, has promoted their export to the U.S. and China.
Environment

Harper dismantled many environmental restrictions on economic growth.

Canada has become an international laggard in environmental policy and practice is now an incontrovertible fact.

In 2009, the Conference Board of Canada ranked Canada 15th out of 17 wealthy industrialized nations on environmental performance. In 2010, researchers at Simon Fraser University ranked Canada 24th out of 25 OECD nations on environmental performance.

Not one of the bills introduced in the current session is intended to improve Canada’s environmental record. Instead, environmental laws are being weakened to expedite industrial development. Standards are being relaxed to meet industry’s demands.

Military-Industrial Complex

Harper increased federal defense spending by nearly $1 billion annually in his first four years in office, with more projected. The new Canada is a place where militarism is given pride of place over peacemaking.

The blending of sport and the military, with the government as the marching band, is part of the new nationalism the Conservatives are trying to instil. It is another example of how the state, under Stephen Harper's governance, is becoming all-intrusive. ... State controls are now at a highpoint in our modern history. There is every indication they will extend further
Harper sells out Canada

To be blunt, Canadians have not spent years reducing the ownership of sectors of the economy by our own governments, only to see them bought and controlled by foreign governments instead $15 billion takeover of Canada’s Nexen oil and gas giant by the China National Offshore Oil Corporation.

Harper also allowed Malaysia’s state-owned Petronas’ $6 billion takeover of natural gas company Progress Energy.

Canada also used to have a state-owned energy company — PetroCanada — that allowed us a significant window on the oil and gas industry from exploration to gas stations.

What’s more, five of the world’s top-10 most profitable companies are big oil and gas firms

But a Conservative government began privatizing PetroCanada and the following Liberal government finished it off.

Harper has not only gone in the opposite direction, it’s also allowing foreign companies to take over what is rightfully ours. Brilliant!

Below is a short list of some of the recent crimes against this country perpetrated by Mr. Harper and his cronies:
Refuses to take responsibility for ANYTHING

Refused to take responsibility for the detainment and TORTURE of Afghani soldiers

Hired a convicted fraud-artist to help with his campaign

Appointed a creationist as science minister (who refused to answer questions about evolution because “it was against his religious beliefs)

Plans to spend billions of dollars on a new fleet of fighters while millions don’t have enough to eat, highest poverty in Canadian history

Ignore elections act legislation by “in-and-out”-ing large cash sums to individual ridings to defraud tax-payers and fund local candidates.

Continued centralization of power in the Premier’s office at the expense of elected representatives

Used the RCMP to suppress free-speech during the G8/G20 summit (and spent 1.4 BILLION on that security)

Harper Got Canada kicked off the UN Security Council.

The Right Did Wrong:

How Stephen Harper’s government destroyed Canada’s reputation as an honest broker and lost the vote for a seat at the UN Security Council.

Has been an ardent supporter of the oil-sands, and enemy of environmentalism. 

Since he was elected, Canada has had the worst environmental record of any of the G8 nations.

Used his newly appointed Senate (full of conservative politicians unable to get elected in their own ridings), to kill a climate bill that had already passed the house (presumably at the behest of his key sponsor, the Alberta oil-sands companies).

Showed a decided partisan bias during stimulus spending, in which 60% of stimulus money was spent in conservative ridings (when only 46% of ridings were conservative; leaving the other 54% percent to split the remaining 40% of the money)

Used $50 million of a G8 legacy fund to pay for projects in Tony Clement’s riding of Muskoka/Parry Sound, despite the bulk of the projects having NOTHING to do with the G8/G20 and being, in some cases, 100 km away from any of the summit sites (all of this without the approval of parliament).

Forced municipal and hospital amalgamations (reduced local democracy).

Forced amalgamations of school boards and stripped trustees of powers

Diminished workers rights to engage in fair collective bargaining

Deregulation and privatization (less public control)
Gutting of the Ontario Women’s Directorate

Changed Legislative rules to limit parliamentary debate.

Cut back on advocacy groups funding

Reduced the number of ridings and representatives in Ontario by about 25%.

Set up the permanent voter’s list which helped disenfranchise enough students and tenants to help them to squeak to a second “majority” with less than 10,000 votes province-wide in 9 ridings and only 45% of the popular vote despite a citizens’ campaign for “strategic voting” to defeat the government.

Ejected REGISTERED attendees from his campaign stops after SEARCHING 

THROUGH THEIR FACEBOOK PROFILES.  These people were actually there to listen, but clearly the only people that Harper can talk to are people who already bought his bullshit.

Has actually lowered taxes on the wealthy to the point where the bottom 10% wage earners are actually taxed more than the top 1%.

Did not investigate the “Bev Oda” scandal, in which one of his own ministers pencilled in a “not” that denied federal funding to an international aid organization, and then lied about it.

Misrepresented a quote from auditor general Sheila Fraser to make it sound like she supported the Harper Government’s handling of the G8 monies (she was in fact referring to the Liberal handling of the 9/11 relief fund…)

Okay, so I think the above is a good start but I think they sum a lot of the above up nicely.  I will add to this post as I go on…

Harper promised open accountable government, Harper has lead one of the most secretive, authoritarian governments in Canadian history.
Stephen Harper has reshaped Canada in two years:

Two years of Harper government have brought profound changes to Canada, and some may be hard to undo. Not everyone is celebrating Canada’s birthday this year.

Most are getting ready the funeral of Canada.

Stephen Harper’s Conservatives have reshaped much of this country in 24 short months.

From the environment, to health care, to foreign policy, this is a different Canada than it was May 2, 2011, and many of the Harper initiatives may not be easily undone by future governments, or even future leaders of a Conservative government

The two-year-old government has cut scientific research, muzzled its scientists, put limits on the independence of Statistics Canada and is facing charges that it plans to wield more influence over the CBC..
But some of the biggest changes in two years under the Harper government have been our place in the world.

What's happening here: There is a "lack of sense of inner self-restraint on the part of the prime minister, a sense that it is some kind of war and therefore anything is legitimate, that it's quite acceptable for a prime minister to lie.

Prorogued Parliament (three!) to cover up/interrupt investigations into misconduct in his cabinet

The Canadian Parliament was dissolved in March 2011, after his government failed a no-confidence vote on the issue of the Cabinet being in contempt of parliament.


American TV political commentator Rachel Maddow shares her thoughts on Harper’s political machinations

 

Harper has made Canada the laughing stock of the world [video]

In behaving more like would be third-world dictator rather than like the leader of an industrialized nation, Stephen Harper has made Canada (rightly) the laughing stock of the world.
Ironically, if you want to hear from the other Canada, the former Canada, the one so much admired by the world, hold your breath.

Trade Deals – you think NAFTA crippled this nation have a look at these trade deals from Harper

Some facts on FIPA

Formally called the Security and Prosperity Partnership of North America (SPP) - is finally breaking out of the secret chambers of the ruling elite and the federal government.


Now back to Bank of Canada has amassed a federal debt over $600 billion by mid-2013

Prime Minister: Pierre Trudeau
Minister of Finance: John Turner
Governor of the Bank of Canada: Gerald Bouey

Because of the changes to the Bank of Canada in 1974 our national debt has skyrocketed from 21.6 billion to nearly 600 billion.

Which are owed to private banks like CIBC, TD Bank, the Royal bank, and Scotia banks and every one of these banks have Bilderberg association.

And secondly, what was the reasoning for the change in policy?
Pierre Elliot Trudeau, like many other Canadian Prime Ministers attended the Bilderberg group meetings before being elected.

Trudeau also served in the mid-1990s on Power Corp.’s international advisory board. Also Paul Martin

Paul Desmarais financed Paul Martin Political career

Gerald Bouey was a member of David Rockefeller’s Trilateral Commission. Rockefeller is also a chairman of the Bilderberg group.

Both the trilateral commission and Bilderberg g group are very well known for promoting a global government or what others have called a “new world order”.

“Some even believe we (the Rockefeller family) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.”
- David Rockefeller, Memoirs, page 405

David Rockefeller Sept. 23, 1994 “This present window of opportunity, during which a truly peaceful and interdependent world order might be built, will not be open for too long — we are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”

With every day that passes a global economic collapse seems to be only a matter of time.

Mainly due to the massive amounts of debt we are forced to pay unlawfully.
Could this be the right major crisis that he spoke of?

The change in policy came, to help the Canadian economy recover from what the government billed as a major recession. When in reality the recession was small at best. Well it has and they succeeded to enslave US all.

Former Prime Minister - John Turner said the most powerful business man sit behind secret meeting to sell out Canadian sovereignty

While Paul Martin was doing a presentation a student asked him about the Bilderberg group and he replied if this student asks anymore such question he would leave. In the video Oh Canada our Bought and Sold land you can see this in the video http://www.youtube.com/watch?v=UbACCGf6q-c

From readers Digest
Reader Digest what it should have said

The history of Canada’s federal debt; obviously something went terribly wrong after 1974. Over a 108 year period (1867-1974) the accumulated debt shows as nearly a flat line growing to only $21.6 billion. But around 1974, the debt began to grow exponentially

So, what happened around 1974? In that year

To achieve that goal, the Committee discouraged borrowing from a nation’s own central bank interest-free and encouraged borrowing from private creditors

The Basel Committee was established by the central-bank Governors of the Group of Ten countries of the member central banks of the Bank for International Settlements (BIS), which included Canada.

A key objective of the Committee was and is to maintain “monetary and financial stability.”To achieve that goal, the Committee discouraged borrowing from a nation’s own central bank interest-free and encouraged borrowing from private creditors, all in the name of “maintaining the stability of the currency.”

The presumption was that borrowing from a central bank with the power to create money on its books would inflate the money supply and prices. Borrowing from private creditors, on the other hand, was considered not to be inflationary, since it involved the recycling of pre-existing money.

What the bankers did not reveal, although they had long known it themselves, was that private banks create the money they lend just as public banks do. The difference is simply that a publicly-owned bank returns the interest to the government and the community, while a privately-owned bank siphons the interest into its capital account, to be re-invested at further interest, progressively drawing money out of the productive economy.

Lobbying by the banks and adoption of monetarism — the idea that “markets know best” and should be without regulation, and that public services should be privatized — took hold.

So, around 1974, the Government of Canada began to borrow all of the monies to cover its shortfalls from the private sector at interest rather than creating money through the Bank of Canada interest-free. In other words, since 1974, the Bank of Canada has not been acting in the best interest of its shareholders: the people of Canada.

To understand how ridiculous the present situation is, consider the 1993 Auditor General of Canada report (Section 5.41)3 which states:

NOTE: Of this, $37 billion represents the accumulated shortfall in meeting the cost of government programs since Confederation. The remainder, $386 billion, represents the amount the government has borrowed to service the debt created by previous annual shortfalls.

In other words, of the accumulated debt of $423 billion, the government really needed to borrow only $37 billion—accumulated over 127 years—to cover its shortfalls on real spending for goods and services.

The rest of that accumulated debt was monies borrowed to service the debt, essentially a payment of interest on interest to the private sector when the government could have created the money to cover the shortfall at what amounts to be no interest.
In 2011, alone, Canadian taxpayers paid the private banks an estimated $37.7 billion to service the federal debt
From 1974–1975 to 2010, Canadian taxpayers have paid one trillion, 100 billion dollars ($1,100,000,000,000) in interest on the federal debt to private lenders.
In 2011, alone, Canadian taxpayers paid the private banks an estimated $37.7 billion to service the federal debt—over $103 million each and every day of the year!
These are tax dollars that were stolen through fraud and corruption that could have gone towards infrastructure, health care, education, and other social needs.
If the Government of Canada used the Bank of Canada to create the money to cover its shortfall as it was intended to we would not have any of these problems. Ultimately, the government could pay off the federal debt through the same means.

And consider this AGAIN: from confederation to 1974, Canada fought two world wars, went through a major depression, constructed major infrastructures such as the St. Lawrence Seaway, Trans-Canada Highway, International airports, Canadian National Railway, and brought in social welfare programs such as Family Allowance, Old Age Security pensions, Canada Pension Plan, Universal 

Health Care and wound up with a total accumulated debt of only $21.6 billion.
Today our federal debt is approaching $600 billion and the government is continually cutting services while our infrastructure is not being maintained. 

Meanwhile, the private banks keep increasing their already obscene profits. This “subsidy” to the private banks must end.

The Solution

The solution to this problem is simply for the government to stop borrowing money from the private banks at interest and borrow from the Bank of Canada at no interest. The private banks should also be prevented from creating money. That right should be returned to the People of Canada through the Bank of Canada.

This is how it should work Canada gives the Bank of Canada an IOU; bank of Canada creates money to Canada at 0 percent interest.

Canada takes the money and gives it to Canadian people to create jobs.

The Canadian people pay back the bank of Canada and since there is no compounded interest the DEBT will not grow

This will allow the people of Canada to pay off the debt and use the money on real things rather than paying some private bank that steals your hard earned labour for money.

Also whoever was responsible for these crimes prosecuted to full extent of the LAW by the PEOPLE...

And, over a mere 39 years, it reached over $600 billion in 2013.

Canada our bought and sold out country

Isn't that convenient he returned the same favour Lester Pearson did for him and did they same exact thing for John Napier he was appointed Minister of Justice and Minister of Finance

NOTE: Prime Minister: Pierre Trudeau Minister of Finance: John Turner Governor of the Bank of Canada:

Amid a world recession and the prospect of having to implement the unpopular wage and price controls, Turner surprisingly resigned his position in 1975. After a hiatus from politics from 1975 to 1984, Turner returned and successfully contested the Liberal leadership.

Why did he contest the Liberal Leadership? I have my opinion.

Turner held the office of Prime Minister for 79 days (the second shortest tenure in Canadian history after Charles Tupper), as he dissolved Parliament immediately after being sworn in as Prime Minister, and went on to lose the 1984 election in a landslide.

Turner stayed on as Liberal leader and headed the Official Opposition for the next six years, leading his party to a modest recovery in the 1988 campaign, resigning from politics in 1990.

1984, and John Turner succeeded him as Prime Minister.

Admirers praise the force of Trudeau's intellect and salute his political acumen in preserving national unity against the Quebec sovereignty movement, suppressing a violent revolt, and establishing the Charter of Rights and Freedoms within Canada's constitution. Critics accuse him of arrogance, economic mismanagement, and unduly favouring the federal government relative to the provinces, especially in trying to distribute the oil wealth of the Prairies.
Liberal - Paul Edgar Philippe Martin also known as Paul Martin, Jr. was the 21st Prime Minister of Canada.

Martin served as the Member of Parliament from 1988 election to his retirement in 2008.
Now we have Harper and let’s take a good look at what he has done or not done for Canada, by far he has to be the worst Prime Minister in our history of Canada.

NOTE: Bank of Canada is still the Number one fraud, but Harper also well aware of this fraud of the bank of Canada still continues to put many more nails in to the Canadian coffin than any other Prime Minster.

His Policies will shock you if you have not paid attention. I also will understand as the main Media in Canada has not informed most Canadians of his dealing.
THE NEW CANADA UNDER STEVEN HARPER

Conservative -Stephen Harper Prime Minister is the 22nd and current Prime Minister of Canada .Harper became Prime Minister in 2006, forming a minority government after the 2006 election.

Harper with a power base in Alberta and home of Canada's oil boom, Known as an ally of Canadian fossil fuels, has promoted their export to the U.S. and China.
Environment

Harper dismantled many environmental restrictions on economic growth.
Canada has become an international laggard in environmental policy and practice is now an incontrovertible fact.

In 2009, the Conference Board of Canada ranked Canada 15th out of 17 wealthy industrialized nations on environmental performance. In 2010, researchers at Simon Fraser University ranked Canada 24th out of 25 OECD nations on environmental performance.

Not one of the bills introduced in the current session is intended to improve Canada’s environmental record. Instead, environmental laws are being weakened to expedite industrial development. Standards are being relaxed to meet industry’s demands.

Military-Industrial Complex

 Harper increased federal defense spending by nearly $1 billion annually in his first four years in office, with more projected. The new Canada is a place where militarism is given pride of place over peacemaking.

The blending of sport and the military, with the government as the marching band, is part of the new nationalism the Conservatives are trying to instil. It is another example of how the state, under Stephen Harper's governance, is becoming all-intrusive. ... State controls are now at a highpoint in our modern history. There is every indication they will extend further

Harper sells out Canada
To be blunt, Canadians have not spent years reducing the ownership of sectors of the economy by our own governments, only to see them bought and controlled by foreign governments instead $15 billion takeover of Canada’s Nexen oil and gas giant by the China National Offshore Oil Corporation.


Harper also allowed Malaysia’s state-owned Petronas’ $6 billion takeover of natural gas company Progress Energy.

Canada also used to have a state-owned energy company — PetroCanada — that allowed us a significant window on the oil and gas industry from exploration to gas stations.

What’s more, five of the world’s top-10 most profitable companies are big oil and gas firms

But a Conservative government began privatizing PetroCanada and the following Liberal government finished it off.


Harper has not only gone in the opposite direction, it’s also allowing foreign companies to take over what is rightfully ours. Brilliant!

Below is a short list of some of the recent crimes against this country perpetrated by Mr. Harper and his cronies:

 Refuses to take responsibility for ANYTHING

Refused to take responsibility for the detainment and TORTURE of Afghani soldiers
Hired a convicted fraud-artist to help with his campaign

http://www.theglobeandmail.com/news/politics/harper-blames-security-clearance-for-hiring-of-pmo-adviser/article575263/

Appointed a creationist as science minister (who refused to answer questions about evolution because “it was against his religious beliefs)
http://www.cbc.ca/news/technology/science-minister-s-coyness-on-evolution-worries-researchers-1.800906

Plans to spend billions of dollars on a new fleet of fighters while millions don’t have enough to eat, highest poverty in Canadian history

Ignore elections act legislation by “in-and-out”-ing large cash sums to individual ridings to defraud tax-payers and fund local candidates.
http://www.globalresearch.ca/canada-fixing-elections-through-fraud/30447

Continued centralization of power in the Premier’s office at the expense of elected representatives

http://rabble.ca/blogs/bloggers/rabble-staff/2010/01/wanted-crimes-against-democracy-includes-free-download

Used the RCMP to suppress free-speech during the G8/G20 summit (and spent 1.4 BILLION on that security)

Harper Got Canada kicked off the UN Security Council.
The Right Did Wrong:

How Stephen Harper’s government destroyed Canada’s reputation as an honest broker and lost the vote for a seat at the UN Security Council.

Has been an ardent supporter of the oil-sands, and enemy of environmentalism. Since he was elected, Canada has had the worst environmental record of any of the G8 nations.

http://www.cbc.ca/news/politics/harper-won-t-take-no-for-an-answer-on-keystone-xl-1.1869439

 Used his newly appointed Senate (full of conservative politicians unable to get elected in their own ridings), to kill a climate bill that had already passed the house (presumably at the behest of his key sponsor, the Alberta oil-sands companies).
Showed a decided partisan bias during stimulus spending, in which 60% of stimulus money was spent in conservative ridings (when only 46% of ridings were conservative; leaving the other 54% percent to split the remaining 40% of the money)

Used $50 million of a G8 legacy fund to pay for projects in Tony Clement’s riding of Muskoka/Parry Sound, despite the bulk of the projects having NOTHING to do with the G8/G20 and being, in some cases, 100 km away from any of the summit sites (all of this without the approval of parliament).

Forced municipal and hospital amalgamations (reduced local democracy).
http://www.ebrandon.ca/messagethread.aspx?message_id=720277&cat_id=13

Forced amalgamations of school boards and stripped trustees of powers
http://www.cpcml.ca/OPF2013/OP0244.HTM

Diminished workers rights to engage in fair collective bargaining
http://rabble.ca/blogs/bloggers/rabble-staff/2010/01/wanted-crimes-against-democracy-includes-free-download

Deregulation and privatization (less public control)
http://www.youtube.com/watch?v=J-orFblzkSE

Gutting of the Ontario Women’s Directorate

Changed Legislative rules to limit parliamentary debate.
http://www.cbc.ca/news/politics/stephen-harper-to-seek-prorogation-of-parliament-1.1378924

Cut back on advocacy groups funding
http://www.dennisgruending.ca/2011/03/stephen-harpers-hit-list/
Reduced the number of ridings and representatives in Ontario by about 25%.

Set up the permanent voter’s list which helped disenfranchise enough students and tenants to help them to squeak to a second “majority” with less than 10,000 votes province-wide in 9 ridings and only 45% of the popular vote despite a citizens’ campaign for “strategic voting” to defeat the government.

http://rabble.ca/blogs/bloggers/rabble-staff/2010/01/wanted-crimes-against-democracy-includes-free-download

Ejected REGISTERED attendees from his campaign stops after SEARCHING THROUGH THEIR FACEBOOK PROFILES.  These people were actually there to listen, but clearly the only people that Harper can talk to are people who already bought his bullshit.

http://www.lfpress.com/news/london/2011/04/04/17875211.html

Has actually lowered taxes on the wealthy to the point where the bottom 10% wage earners are actually taxed more than the top 1%.
http://www.harper-watch.ca/promises/harpers-corporate-tax-cuts/

Did not investigate the “Bev Oda” scandal, in which one of his own ministers pencilled in a “not” that denied federal funding to an international aid organization, and then lied about it
.
Misrepresented a quote from auditor general Sheila Fraser to make it sound like she supported the Harper Government’s handling of the G8 monies (she was in fact referring to the Liberal handling of the 9/11 relief fund…)
Okay, so I think the above is a good start but I think they sum a lot of the above up nicely.  I will add to this post as I go on…

Harper promised open accountable government, Harper has lead one of the most secretive, authoritarian governments in Canadian history.

Stephen Harper has reshaped Canada in two years:

Two years of Harper government have brought profound changes to Canada, and some may be hard to undo. Not everyone is celebrating Canada’s birthday this year.
Most are getting ready the funeral of Canada.

Stephen Harper’s Conservatives have reshaped much of this country in 24 short months.

From the environment, to health care, to foreign policy, this is a different Canada than it was May 2, 2011, and many of the Harper initiatives may not be easily undone by future governments, or even future leaders of a Conservative government

The two-year-old government has cut scientific research, muzzled its scientists, put limits on the independence of Statistics Canada and is facing charges that it plans to wield more influence over the CBC..

But some of the biggest changes in two years under the Harper government have been our place in the world.

What's happening here: There is a "lack of sense of inner self-restraint on the part of the prime minister, a sense that it is some kind of war and therefore anything is legitimate, that it's quite acceptable for a prime minister to lie.
Prorogued Parliament (three!) to cover up/interrupt investigations into misconduct in his cabinet

The Canadian Parliament was dissolved in March 2011, after his government failed a no-confidence vote on the issue of the Cabinet being in contempt of parliament.
American TV political commentator Rachel Maddow shares her thoughts on Harper’s political machinations

Harper has made Canada the laughing stock of the world [video]
In behaving more like would be third-world dictator rather than like the leader of an industrialized nation, Stephen Harper has made Canada (rightly) the laughing stock of the world.
http://www.youtube.com/watch?v=Y8RwcWFaRF0

Ironically, if you want to hear from the other Canada, the former Canada, the one so much admired by the world, hold your breath.

Trade Deals – you think NAFTA crippled this nation have a look at these trade deals from Harper
Some facts on FIPA
http://fipafacts.ca/

Formally called the Security and Prosperity Partnership of North America (SPP) - is finally breaking out of the secret chambers of the ruling elite and the federal government.
http://thetyee.ca/Views/2007/06/08/DeepIntegrate/
http://www.wnd.com/2011/02/261477/


Now back to Bank of Canada has amassed a federal debt over $600 billion by mid-2013

Prime Minister: Pierre Trudeau
Minister of Finance: John Turner
Governor of the Bank of Canada: Gerald Bouey
Because of the changes to the Bank of Canada in 1974 our national debt has skyrocketed from 21.6 billion to nearly 600 billion.

Which are owed to private banks like CIBC, TD Bank, the Royal bank, and Scotia banks and every one of these banks have Bilderberg association.


And secondly, what was the reasoning for the change in policy?
Pierre Elliot Trudeau, like many other Canadian Prime Ministers attended the Bilderberg group meetings before being elected.

Trudeau also served in the mid-1990s on Power Corp.’s international advisory board. Also Paul Martin

Paul Desmarais financed Paul Martin Political career

Gerald Bouey was a member of David Rockefeller’s Trilateral Commission. Rockefeller is also a chairman of the Bilderberg group.

 Both the trilateral commission and Bilderberg g group are very well known for promoting a global government or what others have called a “new world order”.

“Some even believe we (the Rockefeller family) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.”
- David Rockefeller, Memoirs, page 405

David Rockefeller Sept. 23, 1994 “This present window of opportunity, during which a truly peaceful and interdependent world order might be built, will not be open for too long — we are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”

With every day that passes a global economic collapse seems to be only a matter of time.

Mainly due to the massive amounts of debt we are forced to pay unlawfully.
Could this be the right major crisis that he spoke of?

The change in policy came, to help the Canadian economy recover from what the government billed as a major recession. When in reality the recession was small at best. Well it has and they succeeded to enslave US all.

Former Prime Minister - John Turner said the most powerful business man sit behind secret meeting to sell out Canadian sovereignty

While Paul Martin was doing a presentation a student asked him about the Bilderberg group and he replied if this student asks anymore such question he would leave. In the video Oh Canada our Bought and Sold land you can see this in the video http://www.youtube.com/watch?v=UbACCGf6q-c

From readers Digest


Reader Digest what it should have said

The history of Canada’s federal debt; obviously something went terribly wrong after 1974. Over a 108 year period (1867-1974) the accumulated debt shows as nearly a flat line growing to only $21.6 billion. But around 1974, the debt began to grow exponentially

So, what happened around 1974? In that year
To achieve that goal, the Committee discouraged borrowing from a nation’s own central bank interest-free and encouraged borrowing from private creditors

The Basel Committee was established by the central-bank Governors of the Group of Ten countries of the member central banks of the Bank for International Settlements (BIS), which included Canada.


A key objective of the Committee was and is to maintain “monetary and financial stability.”To achieve that goal, the Committee discouraged borrowing from a nation’s own central bank interest-free and encouraged borrowing from private creditors, all in the name of “maintaining the stability of the currency.”

The presumption was that borrowing from a central bank with the power to create money on its books would inflate the money supply and prices. Borrowing from private creditors, on the other hand, was considered not to be inflationary, since it involved the recycling of pre-existing money.


What the bankers did not reveal, although they had long known it themselves, was that private banks create the money they lend just as public banks do. The difference is simply that a publicly-owned bank returns the interest to the government and the community, while a privately-owned bank siphons the interest into its capital account, to be re-invested at further interest, progressively drawing money out of the productive economy.

Lobbying by the banks and adoption of monetarism — the idea that “markets know best” and should be without regulation, and that public services should be privatized — took hold.

So, around 1974, the Government of Canada began to borrow all of the monies to cover its shortfalls from the private sector at interest rather than creating money through the Bank of Canada interest-free. In other words, since 1974, the Bank of Canada has not been acting in the best interest of its shareholders: the people of Canada.

To understand how ridiculous the present situation is, consider the 1993 Auditor General of Canada report (Section 5.41)3 which states:


NOTE: Of this, $37 billion represents the accumulated shortfall in meeting the cost of government programs since Confederation. The remainder, $386 billion, represents the amount the government has borrowed to service the debt created by previous annual shortfalls.


In other words, of the accumulated debt of $423 billion, the government really needed to borrow only $37 billion—accumulated over 127 years—to cover its shortfalls on real spending for goods and services.

The rest of that accumulated debt was monies borrowed to service the debt, essentially a payment of interest on interest to the private sector when the government could have created the money to cover the shortfall at what amounts to be no interest
.
In 2011, alone, Canadian taxpayers paid the private banks an estimated $37.7 billion to service the federal debt

From 1974–1975 to 2010, Canadian taxpayers have paid one trillion, 100 billion dollars ($1,100,000,000,000) in interest on the federal debt to private lenders.

In 2011, alone, Canadian taxpayers paid the private banks an estimated $37.7 billion to service the federal debt—over $103 million each and every day of the year!

These are tax dollars that were stolen through fraud and corruption that could have gone towards infrastructure, health care, education, and other social needs.

If the Government of Canada used the Bank of Canada to create the money to cover its shortfall as it was intended to we would not have any of these problems.

Ultimately, the government could pay off the federal debt through the same means.

And consider this AGAIN: from confederation to 1974, Canada fought two world wars, went through a major depression, constructed major infrastructures such as the St. Lawrence Seaway, Trans-Canada Highway, International airports, Canadian National Railway, and brought in social welfare programs such as Family Allowance, Old Age Security pensions, Canada Pension Plan, Universal Health Care and wound up with a total accumulated debt of only $21.6 billion
.
Today our federal debt is approaching $600 billion and the government is continually cutting services while our infrastructure is not being maintained. 

Meanwhile, the private banks keep increasing their already obscene profits. This “subsidy” to the private banks must end.

The Solution

The solution to this problem is simply for the government to stop borrowing money from the private banks at interest and borrow from the Bank of Canada at no interest. The private banks should also be prevented from creating money. That right should be returned to the People of Canada through the Bank of Canada.

This is how it should work Canada gives the Bank of Canada an IOU; bank of Canada creates money to Canada at 0 percent interest.

Canada takes the money and gives it to Canadian people to create jobs.

The Canadian people pay back the bank of Canada and since there is no compounded interest the DEBT will not grow

This will allow the people of Canada to pay off the debt and use the money on real things rather than paying some private bank that steals your hard earned labour for money.
Also whoever was responsible for these crimes prosecuted to full extent of the LAW by the PEOPLE...

And, over a mere 39 years, it reached over $600 billion in 2013.

Canada our bought and sold out country
http://www.youtube.com/watch?v=UbACCGf6q-c

MORE TO COME 

EBO-LIE - TERRORISM -FANATICS 















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