It was only a few years ago that suggestions that banks – along with pliant governments – were plotting to steal our money and that we ought to be buying up gold and silver and taking physical delivery were ridiculed as tin-foil hat conspiracy theories.
They’re not talking about black helicopters in Cyprus these days.
Moody’s revises outlook on Canadian bank system downward
July 10, 2014
Mr. Joseph Oliver
House of Commons
Dear Mr. Oliver:
This past week, the State Broadcaster reported that Moody’s (the same outfit that rated half-million-dollar mortgages held by waitresses in Los Angeles making $250,000 annually as “triple-A”) expressed its concern over the fact that your regime has been dragging its (your) heels in implementing a “bail-in” scheme to back-stop Canadian banks’ fraudulent conduct.
When banks engage in fraud worldwide, it is not the responsibility of the taxpayers of sovereign nations to “bail them out.” Even if those banks print up money, loan it to governments at interest, who then give it to banks gratis to compensate banks for the losses due to their fraud.
Only one country – Iceland – not only said “no” to the banksters but imprisoned them as well. After a change in government, of course.
While putting on the public pretence that setting up a process for the Canadian banks to confiscate our wealth is a road that even you are not willing to go down is at least encouraging, I must also not forget that your regime consists of psychopathic liars.
“Our assumption has always been that the Canadian government would be very willing to support the major Canadian banks in the interest of economic stability and ensuring that the payment system operates correctly under times of stress,” Moody’s Canadian financial analyst David Beattie told Reuters.
My response to Mr. Beattie is: “Hell, no!” And theft of my money to perpetuate continued fraud is NOT economic stability. “Under times of stress…” That would be when the federal reserve ponzi scheme collapses, I presume?
If the Canadian banks are so hard up for cash, tell them to go cap-in-hand to the Rothschilds or the Rockefellers but leave taxpayers and depositors out of it. Depositors are NOT investors. They are secured creditors.
In ancient history, when claim-check holders found their gold missing from the vault, they apprehended the banksters and hanged them from the nearest tree.
Here’s another gem from Mr. Beattie:
Beattie said that the chance of an event that would require a bail-in to be activated is “extremely remote, in the low single digits probability.”
Right. Just like Alan Greenspan and the entire Federal Reserve board (save one member) dismissed the very possibility of a decline in the real estate market in 2007.
I am pleased to report, Mr. Oliver, that whatever scheme you and your bankster friends are cooking up, I am immune. I have taken precautions to protect myself and my family. Obviously, I am not going to elaborate on those efforts. However, I will tell you that I deal with a credit union, not a bank. And I only keep enough in that credit union to meet my obligations.
As nations such as Brazil, Russia, India, China and South Africa conclude they don’t need the dollar to conduct trade amongst themselves, and bring along their trading partners to that way of thinking, I would suggest to you that efforts by the banksters to preserve their fraud will become increasingly frantic.
When the ponzi does collapse, I’m not sure what the banksters will do when Americans start asking themselves: If we called our congress critters and told them 99:1 ‘NO BAILOUT!’ how are we possibly liable for $13-trillion, or $30-trillion or however much the fraud ends up being exposed as (A hundred? Do I hear one hundred…)?
Losses due to bank fraud are not my problem. Even if those losses are passed on to taxpayers. However, as a taxpayer, I will be more than happy to fund as many double-bunked prison cells as is necessary to house these maggots for the rest of their unnatural lives. Although, as a cost-saving measure, whatever new government we end up with during reconstruction may lean towards building gallows with multiple trapdoors for quicker service.
China executes crooked banksters. So does Vietnam. So does Iran. Meanwhile, here in Canada, the U.S.S.A. and Europe we act as if they own us.
I don’t recognize your legitimacy. And I won’t pay.
P.S.: How much did the Bank of Canada give The Big Six in bailout candy in 2008? Seventy-five billion? 100? More? And why is the Bank obstructing Freedom of Information requests six years on?
2 thoughts on “Canadian banks’ credit ratings downgraded as the regime drags its heels on rules that would allow them to steal depositors’ money.”
Reblogged this on Omaha News & World Report.
My Sentiments Exactly!
You should turn this well written letter into a Petition so we can share it over the internet! They need to know this is how WE ALL FEEL I will be the first to sign it! Please email me if you decide to make this a Petition!