Cyprus express arrives in Canada

Tuesday, April 2, 2013


CYPRUS-STYLE “BAIL-INS” ARE PROPOSED IN THE NEW 2013 CANADIAN GOVERNMENT BUDGET!

By Michael

The politicians of the western world are coming after your bank accounts. In fact, Cyprus-style "bail-ins" are actually proposed in the new Canadian government budget. When I first heard about this I was quite skeptical, so I went and looked it up for myself. And guess what? It is right there in black and white...Read the rest here!

8 comments:

Anonymous said...

The Trans Pacific Partnership TPP An Oppressive US Led Free Trade Agreement A Corporate Power Tool of the 1%

www.globalresearch.ca/the-trans-pacific-partnership-tpp-an-oppressive-us-led-free-trade-agreement-a-corporate-power-tool-of-the-1/


...The TPP would impose punishing regulations that give multinational corporations unprecedented rights to demand taxpayer compensation for policies they think will undermine their expected future profits straight from the treasuries of participating nations – it would push the agenda of Big PhaRMA in the developing world to impose longer monopoly controls on drugs, drastically limiting access to affordable generic medications that people depend on. The TPP would undermine food safety by limiting labeling and forcing countries like the United States to import food that fails to meet its national safety standards, in addition to banning Buy America or Buy Local preferences.

...The TPP regime ensures that foreign investors and multinational corporations retain full rights to undermine the sovereignty of participatory nations by skirting domestic regulations and limiting the abilities of national governments to issue independent economic policy.


List of 132 Names of Cyprus Elites and Companies Who Emptied Bank Deposits ahead of “Confiscation Day”

www.globalresearch.ca/list-of-132-names-of-cyprus-elites-and-companies-who-emptied-bank-deposits-ahead-of-confiscation-day/


Obama Signs Monsanto Protection Act into Law after Promising GMO Labeling in 2007

www.globalresearch.ca/obama-signs-monsanto-protection-act-into-law-after-promising-gmo-labeling-in-2007/


Depositor Haircuts Spreading: Canada Endorses Cypriot Financial Harshness. Ottawa’s Proposed “Bail-in Regime for Important Banks”

www.globalresearch.ca/depositor-haircuts-spreading-canada-endorses-cypriot-financial-harshness-ottawas-proposed-bail-in-regime-for-important-banks/

Anonymous said...

Oh Canada Imposing Austerity on the Worlds Most Resource rich Country

www.webofdebt.com/articles/canada.php

...Between 1939 and 1974, the government actually did borrow from its own central bank. That made its debt effectively interest-free, since the government owned the bank and got the benefit of the interest...(See his CHART) The government successfully funded major public projects simply on the credit of the nation... debt shot up only after 1974...Basel Committee was established by the central-bank Governors of the Group of Ten countries of the Bank for International Settlements (BIS)...discouraged borrowing from a nation’s own central bank interest-free, and encouraged borrowing instead from private creditors, all in the name of “maintaining the stability of the currency.”

...What the bankers did not reveal...private banks create the money they lend just as public banks do...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.
...Canada has now paid over a trillion Canadian dollars in interest on its federal debt—nearly twice the debt itself. If it had been borrowing from its own bank all along, it could be not only debt-free but sporting a hefty budget surplus today. That is true for other countries as well.

The Bankers’ Silent Coup

Why are governments paying private financiers to generate credit they could be issuing themselves, interest-free? ...all part of a concerted plan by a clique of international financiers...
The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements...The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations.

Each central bank . . . sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world...December 2011...a lawsuit filed in Canadian federal court by two Canadians and a Canadian economic think tank... COMER (the Committee for Monetary and Economic Reform www.comer.org) to restore the use of the Bank of Canada to its original purpose, including making interest free loans to municipal, provincial and federal governments for “human capital” expenditures (education, health, and other social services) and for infrastructure...since 1974, the Bank of Canada and Canada’s monetary and financial policy have been dictated by private foreign banks and financial interests led by the BIS, the Financial Stability Forum (FSF) and the International Monetary Fund (IMF), bypassing the sovereign rule of Canada through its Parliament.
...silent coup has been so well obscured that governments and gamers alike are convinced that the only alternatives for addressing the debt crisis are to raise taxes, slash services, or sell off public assets...there is another option: cut the debt by borrowing from the government’s own bank, which returns its profits to public coffers. Cutting out interest has been shown to reduce the average cost of public projects by about 40%.


Ottawa weighing plans for bank failures Federal government looking at Cyprus solution

www.cbc.ca/news/politics/story/2013/04/02/f-rfa-macdonald-canada-cyprus-banks.html

Anonymous said...

CAPITALISM AND COMMUNISM TWO PRONGS OF THE SAME FORK

alor.org/Volume49/Vol49No13.htm#1a

First let me say I do not consider Free Enterprise the same as modern Capitalism. Anyone who has looked into the symbiotic relationship between Capitalism and Communism over
the last hundred years is not shocked by the story of criminal American Big Business, in league with government authorities and the legal fraternity, using child prison labour for their own greedy ends – even if the story does come out of ‘the land of the free’.

It was a former South African journalist, Ivor Benson, who revealed to the world just what was the significance of a 1980’s Fortune article on “Russia’s Underground Millionaires”! (June 29, 1980)....

The Marxists of all kinds know that so long as this type of financial policy is pursued, no genuine co-operation for their mutual advantage is possible between the different members and sections of society. There is the opposite: increasing friction, resulting from the violation of correct principles of association.

The Marxist support for inflation was put very clearly by the eminent Marxist theoretician, John Strachey, the man who had been first a member of the British Communist Party and later a member of the Fabian Socialist Society. In his book, Programme for Progress, Strachey wrote that he had come to believe that inflationary credit expansion policies were 'an indispensable step in the right direction'.

He went on to say, "the fact that the loss of objectivity, and the intrinsic value of the currency which is involved (i.e., inflation) will sooner or later make necessary, on pain of ever-increasing dislocation, a growing degree of social control, for the partial character of the policy will itself lead on to further measures. The very fact that no stability, no permanently workable solution can be found within the limits of this policy will ensure that once a community has been driven by events to tackle its problems in this way, it cannot halt at the first stage, but must of necessity push on to more thorough-going measures of re-organisation."

This frank statement is similar to that of Karl Marx when he was introducing his famous ten points for Communising a State in the basic Marxist text-book, The Communist Manifesto. Marx said that his steps were not an end in themselves, only means to an end. Marx said that while the ten steps 'appear economically insufficient and provisional', they will "in the course of the movement.... necessitate further inroads upon the old social order."


The Bankers, The Bradburys & The Carnage On The Western Front
www.lawfulrebellion.org/2012/11/19/the-bankers-the-bradburys-the-carnage-on-the-western-front/


Is there enough money to pay off debt plus interest A closer look

realcurrencies.wordpress.com/2013/04/01/is-there-enough-money-to-pay-off-debt-plus-interest-a-closer-look/

The elegant P<P+I equation points in the right direction but it is incomplete and needs further analysis...The issue is important, both in terms of truth-seeking and Austrians and the Mainstream subverting the argument...Usury is a key factor in destroying velocity of money. It greatly encourages hoarding, especially in the current banking system.

We are in Stagflation

realcurrencies.wordpress.com/we-are-in-stagflation/

Anonymous said...

Massive data leak exposes offshore financial secrets Hundreds of Canadians named in tax-haven records shared exclusively in Canada with CBC News

www.cbc.ca/news/world/story/2013/04/03/offshore-data-leak.html

Senator's husband put $1.7M in offshore tax havens - Lawyer Tony Merchant named in leaked data shared exclusively in Canada with CBC News

Senator wants answers on colleague's role in offshore account - Liberal Percy Downe says 'I want to hear' from Pana Merchant following revelations by CBC

www.cbc.ca/news/politics/story/2013/04/04/merchant-offshore-trust-downe-reaction.html

The Communist Broadcast Corporation (CBC) is finally earning its keep. Maybe they can investigate the (Tribe) "Bronfman Trust" that left Canada without paying taxes on its $billions in "trust" or the Asian immigrants who "park" their families in Canada to live-off the social system while daddy returns back to Asia with a Canadian passport to earn a fortune tax-free back in China. China is a Communist country - why would Canada import hundreds of thousands of Communists ? Isn't that a security risk ?

Anonymous said...

Monetary System Reform Message to the Sheeple from a 12-Year Old Canadian girl Victoria Grant

tv.globalresearch.ca/2012/08/monetary-system-reform-message-12-year-old-victoria-grant-enfr


Avoiding Economic Collapse: Complementary Currencies

tv.globalresearch.ca/2013/04/avoiding-economic-collapse-complementary-currencies

Public Banking: A Solution to the Economic Crisis? How to Reverse the Tide of Corruption and Private Enrichment

www.globalresearch.ca/public-banking-a-solution-to-the-economic-crisis-how-to-reverse-the-tide-of-corruption-and-private-enrichment/

Battleground against Neoliberalism: European Trade Unions and the Struggle for Public Services

www.globalresearch.ca/battleground-against-neoliberalism-european-trade-unions-and-the-struggle-for-public-services/

Britain’s De-industralization and Privatization: The Economic and Social Legacy of Margaret Thatcher, “The Iron Lady”

www.globalresearch.ca/britains-de-industralization-and-privatization-the-economic-and-social-legacy-of-margaret-thatcher-the-iron-lady/

Anonymous said...

The Cyprus Deal and the Unraveling of Fractional-Reserve Banking

bastiat.mises.org/2013/03/the-cyprus-deal-and-the-unraveling-of-fractional-reserve-banking/

Major computer malfunctions at three of the Dutch too big to fails

realcurrencies.wordpress.com/2013/04/05/major-computer-malfunctions-at-three-of-the-dutch-too-big-to-fails/

Public Banking advocate Ellen Brown discusses the banking scam.

prn.fm/2013/03/31/progressive-radio-news-hour-ellen-brown-033113/

Anonymous said...

Interesting interview on the global IMF International MAFIA Fund banking scam by Canadian moral political philosopher John McMurtry discussing the Cancer Stage of Capitalism.

prn.fm/2013/04/07/progressive-radio-news-hour-john-mcmurtry-040713/


Solution to the Debt Crisis in the European Union: Outstanding Debts are Illegitimate. They Must be Cancelled


www.globalresearch.ca/solution-to-the-debt-crisis-in-the-european-union-outstanding-debts-are-illegimitate-they-must-be-cancelled/

The Dying Dollar and the Rise of a New Currency Order

realcurrencies.wordpress.com/2013/04/07/the-dying-dollar/


When People are Money Community Based Currencies

www.globalresearch.ca/when-people-are-money/


Global F.A.C.T. Radio-Robert Menard ( worldfreemansociety.org ) Consumer Purchase Theory

www.blogtalkradio.com/globalfactradio/2013/03/25/global-fact-radio-robert-menard-consumer-purchase-theory

Ian Crane - Hour 1 - Fracking & The Globalists’ Financial War

www.redicecreations.com/radio/2013/03/RIR-130331.php

Anonymous said...

Everything You Know About Money Is Wrong

www.globalresearch.ca/everything-you-know-about-money-is-wrong/

“Dark Alliance” 2.0: The Federal Reserve, Wall Street and the Laundering of Drug Money

www.globalresearch.ca/dark-alliance-2-0-the-federal-reserve-wall-street-and-the-laundering-of-drug-money/

Cyprus only the Beginning: NWO-Plan for Pillaging Our Savings. Vice-Pres. Joe Biden Calls for NWO

euro-med.dk/?p=29843

Abstract: As corporate thieves, the bankster clique rule the world by bribery and threats to block loans. They planned the current financial / economic crisis and the next crisis, too, to enslave mankind...
But this procedure had already been planned by the banksters long before the Cyprus “haircut” : The Federal Deposit Insurance Corporation (FDIC), The FED and The Bank of England published in concert this procedure for insolvent banks “too big to fail” already on 10. Dec. 2012: parts of people´s savings are to be confiscated , and instead depositors are to be given worthless shares of the bankrupt bank. Thereafter, the FDIC does not have to pay the deceived depositors any reimbursement for their stolen money!
On 21 March, the Canadian government in its ECONOMIC ACTION PLAN of CANADA, 2013, had informed, it would implement a risk management framework for systemically important banks in Canada. This framework is to be in line with the reforms in other countries and major international standards like the Financial Stability Board’s Key Attributes of Effective Resolution Regimes for Financial Institutions. (Club of the Rothschild central banks of the G-20). It is about bail-in of insolvent banks - and means is: “the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital” - i.e. by investors´savings. Now New Zealand has decided to follow the same line.
Everything indicates that the banksters have planned riots by plundering and impoverishing the peoples in order to trigger economic collapse and NWO takeover (order out of chaos). The U.S. government appears to be preparing for riots: It demands the confiscation of all private weapons contrary to the 2. amendment...
Stiglitz has described the following program of the banksters:
Level 1: Privatization
2. Market liberalization in order to empty the state coffers.
3: Market-based pricing to increase food, water and cooking gas prices. 3 1/2: poverty riots
4: free trade / open markets (Soros) according to the rules of the World Trade Organization and the World Bank, which Stiglitz compares to the Opium Wars.

They want to undermine and erode the nation´s self-sufficiency by de-industrialization of the country and its dependence on banker-bailouts . This has been largely achieved in Europe - where almost every major economy is governed with the help of Goldman Sachs ´ Rothschild-affiliated technocrats. The Rothschild corporations Glencore and Goldman Sachs, as well as Jacob Rothschild even boast of their disastrous investments in farmland and speculation in grain prices, leading to global famine among the poor.

“The powers of financial capitalism had a far reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland.” (Bill Clintons mentor, Prof. Carroll Quigley “Tragedy & Hope” after studying the CFR archives)

Post a Comment

Attention!
Comments using obscene language, or comments calling for hate and violence will be deleted.

Dear Reader,


The comment section of this blog has been shut down due to the activity of a nasty agent provocateur who has been targeting this website for quite some time.


Have a nice day!