Bank Of Canada Lawsuit In Court December 10th

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Paul Kemp
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Bank Of Canada Lawsuit In Court December 10th

Unread post by Paul Kemp » Thu Mar 13, 2014 5:04 pm

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Bank Of Canada Lawsuit In Court December 10th
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http://www.youtube.com/v/SkS1zws6h1k?rel=0"
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Published on Nov 29, 2013
http://www.comer.org/

More info about the lawsuit:
http://www.youtube.com/watch?v=ar_WRqoa4kM
http://youtu.be/TfZNyxMuxEg

For more info please visit::
http://CanadianAwareness.org
https://www.facebook.com/pages/Canadian ... 724?ref=hl
https://twitter.com/CanadianAware
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User avatar
Paul Kemp
Site Admin
Posts: 1022
Joined: Tue May 17, 2011 5:36 pm
Are you a student of the Urantia Book?: Yes, I am a reader of the Uranta Book.
Urantia Book Study Poll: 29
Location: Salt Springs
Contact:

M. Meacher Historic debate in UK Parliament on Money Creatio

Unread post by Paul Kemp » Thu Dec 11, 2014 12:05 am

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Michael Meacher MP at the historic debate in UK Parliament on Money Creation
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http://www.youtube.com/v/Xx3X7hLQKDs
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Published on Nov 22, 2014
http://www.positivemoney.org/
On Thursday 20th November 2014 over 30 MPs took part in a debate in the House of Commons on money creation and society. This was the first time in 170 years, since the Bank Charter Act in 1844, that the topic has been fully debated.

Money creation affects almost every aspect of our lives, and is directly connected to almost all public policy, including public and private debt levels, house prices, and rising inequality, but it’s very poorly understood. A recent poll found that 7 out of 10 MPs believed that only the government can create money, when in fact 97% of money is created by banks as they make loans, as recently confirmed by the Bank of England

Michael Meacher MP:

"The banks have too much power and they have greatly abused it. First, they have been granted enormous privileges since they can create wealth simply by writing an accounting entry on a register. They decide who uses that wealth and for what purpose and they have used their power of credit creation hugely to favour property and consumption lending over business investment because the returns are higher and more secure. Thus the banks maximise their own interests but not the national interest. Secondly, if they fail to meet their liabilities, the banks are not penalised. Someone else pays up for them.


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