Tomasz Winnicki
September 28th, 2007, 01:12 AM
http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20070927/dollar_surge_070927/20070927?hub=Canada
Here's the comment I've sent:
Ottawa reduced the national debt last year by $14 billion??? If that was just a partial debt repayment, what is the true total debt? Some cite it at around $500 billion. Some questions arise. Just who racked up such an enormous debt, how was it done, how was it even made possible, to whom exactly do we (why us, why not just politicians) owe so much money? Big questions and there are surely more as we start to disect the root causes of our economic problems. Of course there's no time for all of that discussion here but I'd just like to address one aspect. Much of our economic woes come from the fact that corrupt politicians passed 'laws' (the 'Bank Act' of 1913) which gave private banks the power to create money OUT OF NOTHING and charge interest rate on it, i.e. usury. Usury used to be unlawful some time ago as most people knew that it essentially amounted to theft. Usury still is theft today, even bigger theft since the 6% interest ceiling was removed in 1967. So why is blatant theft like usury still 'legal' today?
I doubt very much they'll post it.
Here's the comment I've sent:
Ottawa reduced the national debt last year by $14 billion??? If that was just a partial debt repayment, what is the true total debt? Some cite it at around $500 billion. Some questions arise. Just who racked up such an enormous debt, how was it done, how was it even made possible, to whom exactly do we (why us, why not just politicians) owe so much money? Big questions and there are surely more as we start to disect the root causes of our economic problems. Of course there's no time for all of that discussion here but I'd just like to address one aspect. Much of our economic woes come from the fact that corrupt politicians passed 'laws' (the 'Bank Act' of 1913) which gave private banks the power to create money OUT OF NOTHING and charge interest rate on it, i.e. usury. Usury used to be unlawful some time ago as most people knew that it essentially amounted to theft. Usury still is theft today, even bigger theft since the 6% interest ceiling was removed in 1967. So why is blatant theft like usury still 'legal' today?
I doubt very much they'll post it.