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mapoui
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25 Jan 2019 16:12 #368613
by mapoui
HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES
Click on the link above to watch Part 3 of my video series on the Canadian Banking System. Please also read accompanying text below.
Trudeaumania was just gearing up when I immigrated to Canada in late 1966. I, too, was impressed with Trudeau. He was intelligent, articulate, with liberal ideas. And as Prime Minister, Trudeau repatriated the Canadian Constitution and told the morals’ police to stay out of people’s bedrooms. But then…but then. As Anthony’s famous speech in Shakespeare’s play Julius Caesar reminds us… “the evil that men do live after them while the good is often interred with their bones. So let it be with Caesar.”
But somehow this worked backward for Trudeau. Many Canadians still think highly of Pierre Trudeau, but in 1974 he did one terrible thing that changed the lives, for present and future, of all Canadians, for the worse. Trudeau gave the leading operations of the Bank of Canada over to the private banks operating in Canada.
The Bank of Canada was first established by Prime Minister Richard Bennet in 1935 as a private central bank, but was then nationalized by William Lyon Mackenzie King in 1938. By nationalizing the bank, Mackenzie King meant for it to belong to the people so the Canadian government could borrow funds with little or no interest for capital expenditures. The mandate of the newly nationalized Bank of Canada was to act as the banker to the government and to manage the public debt. As Mackenzie King famously said: “Once a nation parts with the control of their currency and credit, it matters not who makes that nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of sovereignty of parliament and of democracy is idle and futile.”
So the Bank of Canada was nationalized in 1938 and the government could now borrow money with little or no interest. And it worked. The Canadian government built freeways, public transportation systems, subway line, airports, the St. Lawrence Seaway and funded a national health care system and the Canada Pension Plan. But then Trudeau, under the influence of the international financial group called Basel’s
Committee’s Recommendations (The Basel Committee on Banking Supervision) made the decision to halt the borrowing of money from the Bank of Canada, and instead, chose to borrow from the private banks who instead of lending to the government at no interest, or low interest, introduced higher interest rates along with compound interest.
All banks know very well the magic of compound interest. And Pierre Trudeau must have known that the mounting compounded national debt would lead to Canadians eventually owing a dollar fifty for every dollar of their disposable incomes. After all, he studied economics at the London School of Economics. Surely the professors there knew about compound interest.
So Pierre Trudeau, instead of feeling blessed that Canada, unlike the US, had a nationalized central bank, signed our bank away to the private banks. Couldn’t Trudeau, such an educated man, surmise that citizens in a few years would be struggling to make car payments and meet rent and mortgages and student loans and to buy healthy food while last year’s profits for the big five (that’s Royal Bank, TD Bank, Scotiabank, Bank of Montreal and CIBC amounted to $31.7 billion?) If he did, he didn’t care. But it doesn’t have to be this way. It really doesn’t. Our Bank of
Canada is still there. Next time.
bettysearlyedition.blogspot.com/2015/07/...ed-us-into-debt.html
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25 Jan 2019 16:13 - 25 Jan 2019 16:15 #368614
by mapoui
if the people knew the truth about Trudeau the elder they wud never elect his dumb stupid son, who is equally a traitor to Canada
Last edit: 25 Jan 2019 16:15 by mapoui.
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25 Jan 2019 16:18 - 25 Jan 2019 16:21 #368615
by mapoui
Like father, like son, the old adage goes. It’s rarely been truer than in the case of former prime minister Pierre Elliott Trudeau and his son. Pierre was once asked for his views on democracy and communism, and stated that a one-party state would be the ideal government under certain conditions. That might sound familiar.
Added Pierre: “I wouldn’t be prepared to think I would be successful in arguing that (communism) for Canada at the present time. But such times might come, who knows?” Five decades later, here’s his son, Justin Trudeau: “You know, there’s a level of admiration I actually have for China because their basic dictatorship is allowing them to actually turn their economy around on a dime.”
Of course, the reason for that direct economic power is China’s command-and-control economy, wherein the government owns or controls the vast majority of businesses. For Trudeau the elder and Trudeau the younger, admiration of communism is seen in actions that diminish private-sector investment in favour of public spending, along with social policies that discourage or prohibit ways of thinking not aligned with their “progressive” beliefs.
business.financialpost.com/opinion/gwyn-...ierre-than-we-feared
Last edit: 25 Jan 2019 16:21 by mapoui.
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25 Jan 2019 16:40 #368618
by mapoui
Anthony Martini For Prime Minister Of Canada 2019
WHAT?
TRUDEAU SOLD CANADA SOVEREIGNTY TO THE UNITED STATES OF AMERICA.
Prime Minister of Canada Justin Trudeau is a TRAITOR and should be prosecuted for being a TRAITOR. I cannot believe that Canadians just sit there and do nothing and say nothing to the biggest Traitor of a Prime Minister in Canadian’s History.
The U.S. Congress passed the “Preclearance Bill” on Saturday, December 10, 2016 and the TRAITOR Prime Minister of Canada Justin Trudeau stood by and SOLD Canada’s Sovereignty to the Yankees.
The Preclearance Bill that was drafted by the Human Rights Abuser south of the Border, President Barrack Hussein Obama and the Kidnapper Former Prime Minister of Canada Stephen Harper, allows United States Homeland Security to enter Canada and Canadian Cities with guns and allow Americans to conduct checks at Canadian Airports, Canadian Train Stations and Canadian Buses on Canadian SOIL and the YANKEES are allowed to detain Canadians on Canadian Soil!!!
Will the Americans allow Canada to send our Military Troops south of the Border with guns to check everyone who goes on buses or trains or airports in American Cities and detain any American on American Soil?????
This is the beginning of the United States of America taking over Canada.
What is worse is that Canadians just sit back and allow this POT HEAD of a Prime Minister kill and destroy Canada’s Sovereignty and sell Canada to the United States of America.
Justin Trudeau does not represent the Canadians but he represents the Yankees. Justin Trudeau should be removed from Office and this is why there should be an IMPEACHMENT LAW placed in Canada to remove these Pot Heads out of office forever.
I was totally shocked to see that Justin Trudeau agreed with selling Canada to the United States of America. He was so excited to allow these Mentally Ill employees from United States Homeland Security on the Canadian Soil and conducting security on Canadians in Canadian Cities and to detain Canadians on Canadian Soil.
Is Justin Trudeau really running Canada or is the United States of America?
This is what happens when Canadians VOTE for POT HEADS for Prime Minister of Canada.
What pisses me off the most is that many Canadians sit back while the Prime Minister of Canada sells the Canadian Sovereignty to the Yankees and say “OH WELL WHAT CAN YOU DO?” A Typical comment from Dumb Canadians that have no education.
Prime Minister of Canada Justin Trudeau is a TRAITOR and Now TRUDEAU wants to pass BILL C-23 to allow United States Homeland Security on Canadian Soil carrying guns, inspecting Canadians on Canadian Soil and allowing the AMERICAN GOVERNMENT EMPLOYEES TO DETAIN CANADIANS ON CANADIAN SOIL.
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25 Jan 2019 17:25 - 25 Jan 2019 17:37 #368619
by ketchim
Is that blogger aware that Mark Antony eulogy she is quoting was used by eldest son Justin (current PM)
for his father Pierre eulogy ??????
Friends, Romans, countrymen
AND studying Econs at LSE was also Manley and Burnham ?
Nkrumah and errol barrow ?
Last edit: 25 Jan 2019 17:37 by
ketchim.
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25 Jan 2019 17:31 #368620
by mapoui
I doh know if she know. but what about the banking issue..you have an opinion?
Justin appears to be Pierre reincarnated. remember..who you want to be when you come back
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25 Jan 2019 17:42 #368621
by ketchim
International Banking was now coming of age.
These fellahs back in the early 60s did not quite understand the implications...
Burnham also nationalised a lotta industry including Banking
like Mackenzie King did with Canada's central bank!
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25 Jan 2019 17:44 #368622
by ketchim
Justin did not reincarnate lol
he is a wuss under him wife frock tail
Maggie his mom, had a ball with odda men
and dad Pierre had his way with females
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