Great Bear Resources Ltd. GTBDF

RE:RE:RE:The canaries

[CdnBadger]

You take the national debt which is owed to private lenders, who aren't lending us money they actually have (ie fractional reserve landing), and borrow it from the BoC (which is essentially interest free) over the course of 4 budgets. The way the law is written it requires about 4 budgets (years).  Unlike most of the world's central banks, including the fed, the BoC is not privately owned. Interest payments, if any, would end up in government cofferes erasing about 60 billion a year in interest payments which can then be directed to the debt or elsewhere. Most American's don't even know the FedRes is privately owned bank and they are paying interest on 22 trilion dollars and once they are bankrupt AGAIN the 1939 emergency banking act which states all property, assets, labour and future labour is held as collateral will essentially hand their country over to the bank. World's biggest socially funded and unneeded armed force is protecting corporate interests abroad and using average american youth as cannon fodder for the ruling classes needs. One need only look at the American flag which is nothing more than the East India Trading Company's naval flag to get the jest of it. It's right in their face and they don't even see it. Canada has a huge advantage with it's public central bank but it is not being exercised anymore despite it serving us very very well from 1939 to 1974. People need to read history instead of buying into ideological poltical viewpoints someone else created to mobolize sheeple to their cause.