I'm p!ssed. Almost beyond words, but not quite. We have the Bank Of Canada, which is like the US Treasury. He sets the National Interest Rate to Banks, etc. The guy knows his a$$ from page 2. He doesn't speak much, but when he does, people listen. They listen more to him than our reckless Finance Minister (elected Cabinet minister - Money Preacher). He's the first one in his role to publically affirm that we are in the New World Order. Sound familiar? http://www.cbc.ca/money/story/2009/06/11/carney-globalization.html Why am I p!ssed? I asked myself that about 20 times before posting and got the same answer. How did FDR name it - the New Deal? After wrestling with the Great Depression? The difference this time is that folks watch the Stock Market appearing to recover, and the real numbers come out of our Statistics Canada agency, 2 months later that its worse. More Bankruptcies, more repossessed homes, more homeless, huge unemployment and no new jobs. Meanwhile, the other big economies elsewhere are focussing on the real damage to industry, cities, jobs, wages, higher crime rates (desperate measures for desperate times), broken families, lost careers, no jobs for new University grads (all that work, and becomes a burger flipper). AND This respected guy admits the truth that we've be played into it. OK, we can say it had to come. Mortgage scams abounded. But you cannot convince me that every american went out and bought their homes with no jobs or proof of income to the point that the global economy went to the toilet! Impossible! Oil prices and Futures were out of sight. OK. One more brick? Gold Futures went nuts (no faith in currency) Ok. I buy that brick too. But take them all together, and ask yourself how much Joe Average or even Middle Class Joe (over $110,000 family income) had in Oil Futures or Gold Futures or even Mortgage paper? Why was only $5 billion of the bailout money directed to help mortgage victims in the US, and ZERO $$$ in Canada. All the money went to the investment/banking industry. Not the little guy. How many pensions were replenished? None. GM/Chrysler might replenish? We've been played. There are two 'secret' clubs that are big enough to do this. The Club of Rome (a group of 50 or so world power brokers - included the Rockerfellers at one point) and the Club of Paris (another handful of power brokers and academics who actually did try to control population explosions back in the 50's and 60's). The article is on one of Harvard's servers - they traded transistor radios for vasectomies (castration back then). One of our Prime Ministers from the 60's to the 80's was a member. If you do as this Chairman said to get more global cooperation toward transparency in banking, etc. It just makes it easier for our companies to shift highend labour and technology jobs to subsidiaries that pay less. What does that make our nations? A huge continent of retirement homes on welfare? If our goods are too expensive, what other country will buy them? If we start making cheap crap, we end up being like Japan was with cheap electronics and the Global laughing stock. All the rational and predictable reasons for success go out the window. If I do a better job of doing the same task, more often, I should become expert at it and save money doing it. Right? My profits should be higher because I became efficient at it. I should also get a better reputation and add more clients and sales. Right? Not in this New World Order. All things become equal. Your trade secrets become public. Your economic advantages get tarrifs to let the other guy have a chance at competing with you. Why go to Univeristy and graduate Magna Cum Laude, if some 3rd world bimbo with more dollars than you can legally knock you off? Ingenuity is a gift. Working on these wagons often forces us to use our own ingenuity to get it just right. And under this New World Order, our industries could pack up and leave and pay enough taxes back home to maintain the old folks? Come on! I'm p!ssed. I'm glad the guy was honest about it. I don't agree with his recommendations, and I'm powerless to convince political or financial leaders to see otherwise, but since our governments ignored us anyway, the best way to rebel and make changes is to crank on the ingenuity at the grassroots, like people did after the New Deal, and reinvent our countries from the ground UP! All done ranting.
Uh umm ya fergott dat it gunnna be all da tiny people that pay fer des give away's an political malfunkions of our leader's and da big boys will have anudder good day of rapeing us at da office...jist my opinion....My solution has been to check the obit and if not there in the mernin I is off to anudder day of mischief....ten day's left till warden back!!!!not got any cars yet...not had time ta look...I is ashamed of meself....not even had a party....did take young fulla next door on a real good car day...
I fully understand your ranting & frustrations. The contempt for the people by their own government is beyond belief. And I agree the 'powerbrokers' have the influence or perhaps in our terms 'have the wheel'. Similar stuff happening down here...:banghead3: http://www.abc.net.au/news/stories/2009/06/03/2587961.htm & http://www.abc.net.au/news/stories/2009/06/03/2587729.htm
I know you're right. These leaders have caused a camouflage to finish off the longterm gameplan. They just never count on the unexpected. Like people getting pride in their country's specialties or unique talents or ingenuity. It won't work for the little guy, but the little guy just has to out-fox them.
Isn't it funny how we were told only a few months ago, that there was no money in the pipeline and yet there's companies buying up government assets all over the place? Our government has been holding a garage sale of Federal buildings and even our own Nuclear agency, including its medical isotope plant. AND THEN leasing the properties back at higher rates!:banghead3:
This adds more credence to your point regarding the 'boys clubs'. When our governments sell off vital infrastructure, then surely these 'private companies' slowly but surely begin to dictate to government don't they? These assets are what the blood sweat & tears of generations of people helped create, I believe, for the good of the people and future people. Government I believe should act as caretakers of such, not overlords who do as they wish, when they wish for their own ends! Maybe I'm wishing for too much
Up until this New World Order statement, we all lived on FIAT money, from when the US went off the Gold Standard in 1973. Gold was $42 per ounce then. By doing that, the US could print all they wanted for any project. The value of gold, linked to money was choking their growth. Fine. But those like Australia and Canada were forced to hold their assets in honour of the Queen and her lieges. Now that most of that is ceremonial (although the royal family owns mines and huge tracts of land here still) the Feds don't need the assets to shore up our currency. They still have the power of Expropriation, which can take decades in a legal fight for proper compensation.
Well here's another sign of a New World Order - the BRIC - Brazil, Russia, India, China - kending money to the IMF. Good for them. Tough for the rest. http://news.bbc.co.uk/2/hi/business/8094402.stm
This just isn't right. Rio Tinto bought up one of our 2 big Steel Mills (Dofasco) a few years ago and shut it down last September on layoff until the Auto Industry picked up again. BHP Billiton bought up either our Alcan or Inco/Falcon Bridge Nickel mines and smeltering operations. One is from Brazil, the other from India. When you look at the earlier post about BRIC and this tempest in a teapot, this doesn't look good for North America. It will happen, but not right now. http://news.bbc.co.uk/2/hi/business/8096768.stm
So the chances are that the assets our gov is selling off could very well be bought by the 'BRIC' coallition?
Here we go again Aus banks thumbing their snouts at us again. These institutions must be part of the biggest 'boys club'. Don't be fooled by the gov appearing to condemn the banks, this is just the normal media ploy as the gov down here fear the banks!! http://au.news.yahoo.com/a/-/latest/5648207/swan-slams-selfish-cba-rate-decision/
