Candians sued the Bank of Canada and won / News blacked out.

The initial federal court filing took place on December 12th, 2011 by Canadian constitutional lawyer, Rocco Galati, on behalf of Canadians William Krehm, Ann Emmett, and COMER (Committee for Monetary and Economic Reform). The filing is intended to “restore the use of the Bank of Canada to its original purpose, by exercising its public statutory duty and responsibility. That purpose includes making interest free loans to the municipal/provincial/federal governments for “human capital” expenditures (education health, other social services) and / or infrastructure expenditures.”

The Plaintiffs state that since 1974 there has been a gradual but sure slide into the reality that the Bank of Canada and Canada’s monetary and financial policy are dictated by private foreign banks and financial interests contrary to the Bank of Canada Act.

www.collective-evolution.com...

www.maxresistance.com...

originally posted by: roth1

The initial federal court filing took place on December 12th, 2011 by Canadian constitutional lawyer, Rocco Galati, on behalf of Canadians William Krehm, Ann Emmett, and COMER (Committee for Monetary and Economic Reform). The filing is intended to “restore the use of the Bank of Canada to its original purpose, by exercising its public statutory duty and responsibility. That purpose includes making interest free loans to the municipal/provincial/federal governments for “human capital” expenditures (education health, other social services) and / or infrastructure expenditures.”

The Plaintiffs state that since 1974 there has been a gradual but sure slide into the reality that the Bank of Canada and Canada’s monetary and financial policy are dictated by private foreign banks and financial interests contrary to the Bank of Canada Act.

www.collective-evolution.com...

www.maxresistance.com...

In the end they will lose, they don't have the money or time to compete with the big banks.

Appeals etc will take a decade, while they still get to use the money interest free, even if the banks lose, they will win just off the monies made from investments.

The banks never lose, the bankers never lose, the people lose every time.

originally posted by: johnwick

originally posted by: roth1

The initial federal court filing took place on December 12th, 2011 by Canadian constitutional lawyer, Rocco Galati, on behalf of Canadians William Krehm, Ann Emmett, and COMER (Committee for Monetary and Economic Reform). The filing is intended to “restore the use of the Bank of Canada to its original purpose, by exercising its public statutory duty and responsibility. That purpose includes making interest free loans to the municipal/provincial/federal governments for “human capital” expenditures (education health, other social services) and / or infrastructure expenditures.”

The Plaintiffs state that since 1974 there has been a gradual but sure slide into the reality that the Bank of Canada and Canada’s monetary and financial policy are dictated by private foreign banks and financial interests contrary to the Bank of Canada Act.

www.collective-evolution.com...

www.maxresistance.com...

In the end they will lose, they don't have the money or time to compete with the big banks.

Appeals etc will take a decade, while they still get to use the money interest free, even if the banks lose, they will win just off the monies made from investments.

The banks never lose, the bankers never lose, the people lose every time.

Are you kidding? The big banks are the ones having problems. Getting bailed out by the taxpayers. That bank was supposed to be backed by taxpayers and benefit the countries infrastructure.

originally posted by: roth1

originally posted by: johnwick

originally posted by: roth1

The initial federal court filing took place on December 12th, 2011 by Canadian constitutional lawyer, Rocco Galati, on behalf of Canadians William Krehm, Ann Emmett, and COMER (Committee for Monetary and Economic Reform). The filing is intended to “restore the use of the Bank of Canada to its original purpose, by exercising its public statutory duty and responsibility. That purpose includes making interest free loans to the municipal/provincial/federal governments for “human capital” expenditures (education health, other social services) and / or infrastructure expenditures.”

The Plaintiffs state that since 1974 there has been a gradual but sure slide into the reality that the Bank of Canada and Canada’s monetary and financial policy are dictated by private foreign banks and financial interests contrary to the Bank of Canada Act.

www.collective-evolution.com...

www.maxresistance.com...

In the end they will lose, they don't have the money or time to compete with the big banks.

Appeals etc will take a decade, while they still get to use the money interest free, even if the banks lose, they will win just off the monies made from investments.

The banks never lose, the bankers never lose, the people lose every time.

Are you kidding? The big banks are the ones having problems. Getting bailed out by the taxpayers. That bank was supposed to be backed by taxpayers and benefit the countries infrastructure.

Start digging deeper, the rabbit hole is filled with feces. When you look at this from a legal standpoint, every prime minister, since trudeau (and including trudeau who created this mess) has committed treason. Funny how the politicians made a three year law of limitations on treason charges. There's a lot more involved however, part of that being the CRA since they aren't really a government agency, they just have "legislated" alleged authority. They are an NGO that is a collection agency reporting to (I prefer owned and operated by) the BOC.

Starting around 1975, the great migration of government assets began. Due to the changes in the structure of the creation of money, the movement to IMF management and away from Treasury, crown corporations started getting sold off and privatized in order to service the debt. I hear the Post Office is coming up next and a couple of years ago NM Rothschild bought a controlling interest in the AECB/AECL. Bell Canada was farmed out and sold off to India as well as investment funds like the Teachers Union Pension. Maurice Strong (PowerCorp) was instrumental in Ontario Hydro. Harpernista is now apparently even considering selling off Canadian fresh water in bulk to the US to appease the money power, which is patently illegal. It is interesting that, if I remember correctly, every prime minister has been prepped and groomed by PowerCorp which was Paul deMarais' group, now handled by his son's I believe and has always had ties to the Rothschilds and the Rockefellers (IMF/World Bank/BIS).

I expect it's going to get worse before it gets better, austerity has already started and our fraudulently dropping dollar just might propel Canada to third world status in the foreseeable future, just like the money power wants. It will make amalgamation/annexation/sale into a north american union that much easier.

Cheers - Dave

I hear the Post Office is coming up next and a couple of years ago NM Rothschild bought a controlling interest in the AECB/AECL. Bell Canada was farmed out and sold off to India as well as investment funds like the Teachers Union Pension. Maurice Strong (PowerCorp) was instrumental in Ontario Hydro. Harpernista is now apparently even considering selling off Canadian fresh water in bulk to the US to appease the money power, which is patently illegal. It is interesting that, if I remember correctly, every prime minister has been prepped and groomed by PowerCorp which was Paul deMarais' group, now handled by his son's I believe and has always had ties to the Rothschilds and the Rockefellers (IMF/World Bank/BIS).

a reply to: bobs_uruncle

Yes it will fail because they raid it for profit for themselves. Not because it could not work otherwise. They always take over corporation and raid pensions ect. Then after they are raped ready to fail they file bankruptcy and play that game. After they steal everything that is. They are now considered an asset not a liability so they can get away with raiding crap. Too much deregulation and corporate interests buying gov off to make rule to help them profit off others misfortune.

originally posted by: roth1

originally posted by: johnwick

originally posted by: roth1

The initial federal court filing took place on December 12th, 2011 by Canadian constitutional lawyer, Rocco Galati, on behalf of Canadians William Krehm, Ann Emmett, and COMER (Committee for Monetary and Economic Reform). The filing is intended to “restore the use of the Bank of Canada to its original purpose, by exercising its public statutory duty and responsibility. That purpose includes making interest free loans to the municipal/provincial/federal governments for “human capital” expenditures (education health, other social services) and / or infrastructure expenditures.”

The Plaintiffs state that since 1974 there has been a gradual but sure slide into the reality that the Bank of Canada and Canada’s monetary and financial policy are dictated by private foreign banks and financial interests contrary to the Bank of Canada Act.

www.collective-evolution.com...

www.maxresistance.com...

In the end they will lose, they don't have the money or time to compete with the big banks.

Appeals etc will take a decade, while they still get to use the money interest free, even if the banks lose, they will win just off the monies made from investments.

The banks never lose, the bankers never lose, the people lose every time.

Are you kidding? The big banks are the ones having problems. Getting bailed out by the taxpayers. That bank was supposed to be backed by taxpayers and benefit the countries infrastructure.

Wait, are you implying, that after stealing from poor families via the toxic suprime mortgage market, then trillions from middle class Americans retirements during the crash, and more families when they forclosed on their homes, who's mortgages were in good standing, because the subprime crash caused the homes values to fall to prices below their mortgages, then getting bailed out, and then getting trillions more for free in quantitive easing over the next 5 years, that the banks somehow lost?

I fail to see in any of this where they lost anything.

Their balance sheets say they won, quite big, as they all have record margins never before seen in modern history.

So once again, where did they lose?

It is a game, they look like their losing, they get money for free from the taxpayers.

How is it, checking accounts used to be free, and banks were profitable, now they charge for it and they somehow aren't?

The answer is simple, when they look like they are losing money, they really aren't, they are just not making higher profits as fast as they want.

The banks never lose. Only the people lose.

originally posted by: johnwick

originally posted by: roth1

originally posted by: johnwick

originally posted by: roth1

The initial federal court filing took place on December 12th, 2011 by Canadian constitutional lawyer, Rocco Galati, on behalf of Canadians William Krehm, Ann Emmett, and COMER (Committee for Monetary and Economic Reform). The filing is intended to “restore the use of the Bank of Canada to its original purpose, by exercising its public statutory duty and responsibility. That purpose includes making interest free loans to the municipal/provincial/federal governments for “human capital” expenditures (education health, other social services) and / or infrastructure expenditures.”

The Plaintiffs state that since 1974 there has been a gradual but sure slide into the reality that the Bank of Canada and Canada’s monetary and financial policy are dictated by private foreign banks and financial interests contrary to the Bank of Canada Act.

www.collective-evolution.com...

www.maxresistance.com...

In the end they will lose, they don't have the money or time to compete with the big banks.

Appeals etc will take a decade, while they still get to use the money interest free, even if the banks lose, they will win just off the monies made from investments.

The banks never lose, the bankers never lose, the people lose every time.

Are you kidding? The big banks are the ones having problems. Getting bailed out by the taxpayers. That bank was supposed to be backed by taxpayers and benefit the countries infrastructure.

Wait, are you implying, that after stealing from poor families via the toxic suprime mortgage market, then trillions from middle class Americans retirements during the crash, and more families when they forclosed on their homes, who's mortgages were in good standing, because the subprime crash caused the homes values to fall to prices below their mortgages, then getting bailed out, and then getting trillions more for free in quantitive easing over the next 5 years, that the banks somehow lost?

I fail to see in any of this where they lost anything.

Their balance sheets say they won, quite big, as they all have record margins never before seen in modern history.

So once again, where did they lose?

It is a game, they look like their losing, they get money for free from the taxpayers.

How is it, checking accounts used to be free, and banks were profitable, now they charge for it and they somehow aren't?

The answer is simple, when they look like they are losing money, they really aren't, they are just not making higher profits as fast as they want.

The banks never lose. Only the people lose.

Absolutely not, they lost nothing, they knew it was going to fail and they were bad and raping investors / ruining mortgages. They bet they would fail in the stock market and collected on it. They were even even before the gov gave them a bail out. They made out big time. It's everyone else that lost out.

But a banking system not like that is not inevitable to fail. As long as it doe not invest money in risky crap. ( Canada)

As far as the USA they should have seized all their assets and closed them down. Gave everything to those that were robbed.