May 3, 2013 / 5:00 am
I really dislike those sayings that start off with, “There are two types of people in this world…..” There are obviously many types of people in this world. Having said that, there is one of these phrases that I do agree with. Here it is. “There are two types of people in the world, those who just want to be left alone and those who just won’t leave you alone. Politicians are of the latter.
On May 14th the masses will scurry to the voting booths thinking that they are doing their civil duty and are actually participating in the governance of this great province. Nothing could be further from the truth. Don’t get me wrong, hope for a better future and a healthier world is a desirable goal. However it will never be achieved through the political process. After all the motivation of a politician and political party is to simply survive through the next election. How do you do this? Easy, look out for your own best interests and that of the party, and make dirty deals with those in business to keep you alive. Most importantly, do anything it takes to stay politically alive. To think that politicians have your best interests at heart is the absolute definition of naivety. They don’t care about you. They never have. They never will.
Let’s run through just a snippet of BC political history:
- Fantasy Gardens: improper sale of property and influence-peddling by Premier Bill Vander Zalm in connection with Asian Gambling lord. (Social Credit Party)
- Stephen Rogers (Social Credit Party) – resigns as environment minister after a conflict of interest due to owning shares in a company.
- Cliff Michael (Social Credit Party) – resigns from cabinet due to conflict of interest over the sale of some land.
- FastCat Fiasco (NDP) cost the people of BC $430 million.
- BC Legislature Raids- raids on offices of senior political aides in the legislature connected to everything from grow-ops to questions concerning the sale of BC Rail to Canadian National.
- Gordon Campbell (Liberals) – arrested in Hawaii for DUI. However, continues on as Premier.
And believe me; this does not even scratch the surface of the documented scandals in BC political history, never mind that of the entire nation.
Here’s a fun fact; I contacted Elections BC and they told me that there is no minimum percentage of the voting population required for an election to be considered valid. Hmmm… so if 99.9% of the population were so disgusted with the political process that they refused to vote, the election would still be considered legitimate. This screams to me that there are no checks and balances to ensure the validity of the candidates or parties.
I completely agree with the concept of a very small entity (many times smaller than present government) that is elected to deal with issues that the rest of us do not want to deal with. I believe these servants should be elected, 100% accountable to the people, punishable by criminal law and have no ties to political parties. If that were the case, I could get in line to cast a vote. But given what we have today, there’s no chance in Hades that you will ever catch me in a voting booth.
Now, people will accuse me of being unpatriotic and disrespectful to those who fought and died for our right to vote. To those charges I reply, “I know my history.” My great uncles and grandfathers stood ready on the shores of Scotland and fought the German forces throughout Europe. They fought against oppression and tyranny. They did not fight for the corrupt and rotten arena that we call politics today. They would most likely be disgusted at what we call political practice and political leaders today. Moreover, people tell me that if I don’t vote then I have no right to complain. Personally, I think they have this all backwards. I choose not to elect these idiots. I didn’t line up at the voting booth to put the next round of criminals into power. The people who vote are responsible for this. Therefore, they don’t have the right to complain because it was their actions that put these politicians into power; not me. So I think between voters and non-voters, the non-voters have all the right in the world to complain.
Every year the political system taxes us more and takes away increasing levels of our freedom. Politicians get more breaks, larger salaries and we the people are subjected to more ridiculous laws, decreased freedom and less wealth. On May 14th you won’t catch me anywhere near a voting booth: I choose to actually do something productive with my time.
Apr 19, 2013 / 5:00 am
In my last article I wrote about the citizens of Cyprus having a proposed percentage of their bank deposits stolen from them by the government and the banks to recapitalize the banking system. This initial proposal failed to pass in a government vote. Thank goodness……I think. I also wrote that if this proposal did not pass, the scum sucking bottom feeders of the government and banksters would come back with another attempt to steal the money. And Voila!! The second proposal, which passed a vote in government, saw depositors lose 60% of their savings over $100,000. I told you they would come back and do it…and they did.
I also warned that this would be a template for other European countries. But I must admit that I never expected Canada to be the next country to adopt this bail-in scam. On pages 144 and 145 of the “Economic Action Plan 2013” it outlines that Canadian banks can convert “liabilities” (in other words client’s deposits) into capital.
“The Government proposes to implement a “bail-in” regime for systemically important banks. This regime will be designed to ensure that in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. This will reduce risk for taxpayers”.
I should point out that where it says, “that in the unlikely event that a systemically important bank depletes its capital…” That really means if the bank makes some bad bets, the depositors will pay the price.
As I always say, “do your own research.” Get a copy of the Economic Action Plan 2013. It’s all there in black and white. Your money will soon become the bank’s money.
As I said in my last article, get your money out of the banking system while you still can. I guarantee you that a month ago the citizens of Cyprus would have laughed at such a warning. I promise you that not a single Cypriotes is laughing now.
Mar 22, 2013 / 5:00 am
You may not have heard this as main stream media has tried to bury the story, but after markets closed last Friday the European Central Bank, the European Commission and the International Monetary Fund (all elitist scum) tried to impose overt thievery against the people of Cyprus. To assist with a bailout these three low-life organizations voted for a deal that would see the theft of 9.9% of deposits from people with accounts over 100,000 euros, and the theft of 6.7% from depositors with less than 100,000 euros. So if you had 100,000 euros in your bank account one day, the next day you would have 90,100 when you woke up. Of course this would be accompanied by a kiss and a thank you from the three previously mentioned organizations. Fortunately, this proposal did not pass a government vote.
So I guess all is well that ends well? Not on your life! The elitist dirt bags in Europe showed their cards in this move. The thievery of Europe’s wealth, sovereign assets and ultimately their sovereignty is no longer covert: it is now blatantly overt.
But who cares? First off this is just Cyprus, a country of only 800,000 citizens. Also, the attempt failed and it’s all over with and could not possibly affect us here. Wrong on all accounts! This was simply a litmus test on a very small country by the global elites. They won’t give up on Cyprus. Mark my words, they will come back and try again with some differently wrapped Trojan horse. This has already caused a run on the banks in Cyprus. More importantly this is a preview of things to come in Portugal, Ireland, Italy, Greece and Spain. Once we see runs on the banks in these countries, it is all over. You will see line ups at the local banks here in Kelowna. The global financial system is one big interconnected entity. There are no countries or borders any more.
Do you think I’m wrong? Well, Canada has been credited with having the strongest and most conservative banking system in the world. Despite this we saw stocks fall here during the financial crises in 2008. We experienced property values drop drastically. And some long standing businesses are no more in this country. And this was all do to with events outside of this country. No country will be immune to the imminent banking failure.
This might be the last warning the economy gives you before it is too late. Pay down debt now! Get out of the stock and bond market (except for some quality mining and agricultural shares). Own physical gold and silver. And good luck.
Mar 8, 2013 / 5:00 am
I’ve been traveling of late and have not had time to put pen to paper for this weeks’ column. However, I have contacted Mike Maloney and he has given me permission to post his latest production, “Hidden Secrets of Money: Currency vs. Money.”
This is a 26-minute documentary that could and should truly change your life and your perception of currency. In my previous columns I have written about all of the topics that Mike addresses in this video. I urge you to take the time and educate yourself by watching this video.
Read more Economics Made Easy articles
- You're poorer than you think Feb 22
- Impending housing crash Feb 8
- Debt slave Part 2: Mortgages Dec 14
- Debt slave: Part 1 Nov 2
- Got gold? Oct 5
- End game for Europe Sep 21
- This will end badly Aug 23
- Things that make you go...hmmm? Jul 12
- Currency wars Jun 14
- Let them eat cake May 31
- No global economic recovery May 17
- Austerity comes to Canada Apr 5
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