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National borrowing an election issue

Forget all other political issues, the most important issue Canada and all other countries on the globe face is, who controls the money supply? The U.S.
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Forget all other political issues, the most important issue Canada and all other countries on the globe face is, who controls the money supply?

The U.S. Federal Reserve Bank, Bank of England and European central banks all pretend to be government-owned banks but are actually private.

These countries' governments borrow money from these central banks at interest. What about Canada?

Canada is special in that the Bank of Canada is actually a government bank, but the differences end there.

The Bank of Canada has a mandate to create the nation's money for federal, provincial and municipal governments interest free, and from 1938 to 1974 this is exactly what it did.

During this period, the nation's debt stayed at a roughly $18 billion.

In 1974 this changed when our government sold us out and privatized our money. Since 1974 our government has been borrowing money from the major private banks at interest, and our debt has ballooned to what it is now: well over $600 billion. A vast portion of this debt has come from compounding interest. It is said that 100 per cent of income tax in the U.S. goes to the Federal Reserve to cover the interest on the money the government is borrowing - yes, 100 per cent. I don't know what it is in Canada, but a large portion of your income tax goes to private banking hands.

What do you think about this?

Did you know a lawsuit has been launched against the Bank of Canada so that it will once again issue currency without paying vast amounts of interest to private banks? This lawsuit has reached the Supreme Court and has been going on since 2011, yet most people don't know about this important issue because the media does not cover it. Why is that? The lawsuit is called the COMER case with lawyer Rocco Galati; go to comer.org or Google "lawsuit against Bank of Canada."

There is a mass of people in this country and around the world waking up to this reality, and I for one do not feel like being quiet about it anymore.

I hope our current local candidates, Tracy Calogheros, Matt Shaw, Todd Doherty, Trent Derrick, Sheldon Clare, etc. are educated about this issue and will discuss it. I challenge them to do so.

Ian Wayland

Prince George