Have you ever wonder why we are in debt and why we are forced to pay so many taxes? Or that we have used more electric power so are bills go up at the same time our wages go down. We watch the owners of these banks get richer and the rest of us struggle. Did you know the gross national debt is over 800 billion dollars or that we are spending more than 160 million dollars a day in the interest of that debt? That's 60 billion dollars a year, so where exactly does this money go it does not go back into our Canadian economy. Well here it is the government and banks have colluded to financially enslave the Canadian people. So what can we do about it? Well lets take a page out of the history books. In 1934 Gerald Grattan McGeer Layer, member of parliament and mayor of Vancouver made the greatest contribution to Canada in our history. He championed the creation of the national bank of Canada with its sole purpose to create and manage Canada's money and was owned by all Canadians. And until the 1970s because of the bank of Canada, the Canadian national debt was held at a constant manageable level. Until the government decided to implement what we now have in modern times robbing the Canadian people. Let me explain a little how the private banks work so you can decide for yourself if they are in fact robbing the people of Canada. First Canadian government borrows money from the private bank, they then lend the money to Canada with compound and interest. The government then continues to raise taxes on Canadians year after year in order to pay back the interest on the exponential growing national debt. Witch results in inflation leaving Canadians with debt money to spend back into the economy and the real money lining the pockets of the banks. Not only that, the government gave the banks the authority to print and loan money that does not exist in the form of loans. When a bank gives you a mortgage or a loan it's not real value money they hit a couple of buttons on a computer and create the fake money out of thin air they don't have this money in their bank vaults. Currently the banks only have around 4 billion dollars so I hope it hits home when I tell you they have lent out more then 1.5 trillion. Every time a bank makes a loan a new bank credit is created new deposits, brand new money. So all new money comes out of the bank in the form of loans as loans are debt than under our current system all money is debt. Let us go back in history again there was this man named Jesus he drove up the money changers in the temple because they were manipulating the currency to steal money from the people. The private banks are no different they are defrauding and robbing the people of Canada and their freedom they need to be stopped. Why would a government with the power to create money give that power away to a private monopoly and then borrow that what parliament can create itself back in interest to the point of national bankruptcy? With a public bank of Canada if the Canadian government needs money they can borrow it directly from the bank of Canada. The Canadian people would then pay fair taxes to pay back the bank of Canada this tax money would get injected back into is economic infrastructure wiping out the Canadian national debt. And once again we can have it at a constant manageable level and we can have real money with real Canadians value not debt money to some monopoly as the foundation of our economic infrastructure.
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