Canada - Bank of Canada Preps for Bailouts

Discussion in 'General Discussion' started by Mindgrinder, May 10, 2015.


  1. Mindgrinder

    Mindgrinder Karma Pirate Ninja|RIP 12-25-2017


    Published on May 8, 2015
    "When it's financial corporations, and it's the value of the money itself at stake – people just accept it. If any other corporate conglomerate behaved like the banks – with a single central authority and a government-protected cartel of competitors – there'd be riots in the streets..."

    Sources:

    http://www.theglobeandmail.com/report...

    http://www.cdhowe.org/pdf/2013_Annual...

    http://www.desjardins.com/ressources/...

    http://www.newswire.ca/en/story/14666...

    http://www.desjardins.com/ca/about-us...

    http://www.bankofcanada.ca/wp-content...

    COMER — Committee on Monetary and Economic Reform

    http://www.comer.org/archives/2015/CO...
     
    vonslob, Brokor and stg58 like this.
  2. stg58

    stg58 Monkey+++ Founding Member

    Thanks!
     
    Mindgrinder likes this.
  3. vonslob

    vonslob Monkey++

    Thank you for the post and the info
     
    Mindgrinder likes this.
  4. Brokor

    Brokor Live Free or Cry Moderator Site Supporter+++ Founding Member

    Traditionally, high ranking politicians would find once they took office, that they had a new found authority. From their perspective, it was unfortunate they also had very few choices due to the restrictions placed on their office and duty to the country. Eventually, they found out how to manipulate and scheme to get what they wanted until their station far exceeded the limitations once placed on them. I bring this up to place things into perspective. The money masters have all the power in the world and all the choices to go along with it. They are answerable to no government, no people. This rule applies to all nations with private banking...and that's nearly the entire world.
     
  5. -06

    -06 Monkey+++

    I remember a line from the movie about Howard Hughes---"the depression did not touch him, he was above it". And Hughes was a pauper compared to the super rich of today.
     
    Yard Dart, Dont, Mike and 1 other person like this.
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