My plan to pay off the deficit at the rate of twenty billion dollars per month?

DennisTate · Apr 20, 2024

Am I a blithering idiot to think that this could work?????

In my opinion.... An Unconditional but Taxable Basic Minimum Income to all forty one million Canadians of merely five hundred dollars per month........

that is put into the economy in essentially the same manner as the Bank of Canada policy of 1938 to 1974 should....... in my opinion...... PAY DOWN THE DEFICIT.......

AND SOON THE NATIONAL DEBT OF CANADA.....

AT THE RATE OF ABOUT TWENTY BILLION DOLLARS PER MONTH!!!!!

This idea is so simple that this may scare you!!!!!

Forty one million Canadian citizens and legal residents......
if they each receive FIVE HUNDRED DOLLARS CANADIAN......

CREATED IN THE MANNER THAT MS. BETTY KRAWCZYK RECOMMENTS......

[in a way that creates essentially zero COMPOUND INTEREST OWING OVER TIME]......

THEN AFTER this money turns over about three times in the economy......

it will be taxed back into the Treasury.......

and will begin to pay down... .first the Deficit and soon The national Debt of Canada??????

Essentially this same idea can work in the USA as well!

https://bettysearlyedition.blogspot.com/2015/07/how-pierre-trudeau-turned-us-into-debt.html

HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES
Click on the link above to watch Part 3 of my video series on the Canadian Banking System. Please also read accompanying text below.
Trudeaumania was just gearing up when I immigrated to Canada in late 1966. I, too, was impressed with Trudeau. He was intelligent, articulate, with liberal ideas. And as Prime Minister, Trudeau repatriated the Canadian Constitution and told the morals’ police to stay out of people’s bedrooms. But then…but then. As Anthony’s famous speech in Shakespeare’s play Julius Caesar reminds us… “the evil that men do live after them while the good is often interred with their bones. So let it be with Caesar.”

But somehow this worked backward for Trudeau. Many Canadians still think highly of Pierre Trudeau, but in 1974 he did one terrible thing that changed the lives, for present and future, of all Canadians, for the worse. Trudeau gave the leading operations of the Bank of Canada over to the private banks operating in Canada.

The Bank of Canada was first established by Prime Minister Richard Bennet in 1935 as a private central bank, but was then nationalized by William Lyon Mackenzie King in 1938. By nationalizing the bank, Mackenzie King meant for it to belong to the people so the Canadian government could borrow funds with little or no interest for capital expenditures. The mandate of the newly nationalized Bank of Canada was to act as the banker to the government and to manage the public debt. As Mackenzie King famously said: “Once a nation parts with the control of their currency and credit, it matters not who makes that nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of sovereignty of parliament and of democracy is idle and futile.”

So the Bank of Canada was nationalized in 1938 and the government could now borrow money with little or no interest. And it worked. The Canadian government built freeways, public transportation systems, subway line, airports, the St. Lawrence Seaway and funded a national health care system and the Canada Pension Plan. But then Trudeau, under the influence of the international financial group called Basel’s
Committee’s Recommendations (The Basel Committee on Banking Supervision) made the decision to halt the borrowing of money from the Bank of Canada, and instead, chose to borrow from the private banks who instead of lending to the government at no interest, or low interest, introduced higher interest rates along with compound interest.

All banks know very well the magic of compound interest. And Pierre Trudeau must have known that the mounting compounded national debt would lead to Canadians eventually owing a dollar fifty for every dollar of their disposable incomes. After all, he studied economics at the London School of Economics. Surely the professors there knew about compound interest.

So Pierre Trudeau, instead of feeling blessed that Canada, unlike the US, had a nationalized central bank, signed our bank away to the private banks. Couldn’t Trudeau, such an educated man, surmise that citizens in a few years would be struggling to make car payments and meet rent and mortgages and student loans and to buy healthy food while last year’s profits for the big five (that’s Royal Bank, TD Bank, Scotiabank, Bank of Montreal and CIBC amounted to $31.7 billion?) If he did, he didn’t care. But it doesn’t have to be this way. It really doesn’t. Our Bank of
Canada is still there. Next time." (Ms. Betty Krawczyk)
Click to expand...

DennisTate · Apr 20, 2024

In my opinion economists Harold Chorney... John Hotson and Mario Seccarrecia are three of the best minds in Canada when it comes to this topic.

By Harold Chorney, John Hotson and Mario Seccareccia:

“Governments these days find it easy to defend cuts in services and programs. All they have to do is point to their annual deficits and their total accumulated debts. (As of March, 1994, Canada's public debt was about $546 billion.) This public debt provides the politicians with a convenient excuse for cutting spending or raising taxes. Or both. “We're broke”, they tell us plaintively. “We can't afford to increase public services, or even keep them at their present level.”

A lesson from the War

https://www.michaeljournal.org/arti...ce-our-country-debt-free-say-three-economists

......
“Many economists rail against «wage push», and it's true that wages have risen by 2,700% over the past 50 years. But in the same period government tax revenue went up by 3,400%, and net interest by 26,000%! Yet, most of the economic textbooks that deplore rising wages don't even mention the tax and interest pushes. And it is not because they are complex ideas — rather, they are simple and obvious — but because it would be so embarrassing for economists to admit they've made a boner of such magnitude: that their theory of monetary policy violates basic principles of scientific logic."

The creation of money

“One of the most pervasive myths about the government deficit is that governments which spend more than they receive in revenue must borrow the difference, thus increasing the public debt.

“In fact, a government can choose to create the needed additional money instead of borrowing it from the banks, the public, or foreigners.

“Business and the conservatives in politics and the media are horrified by the suggestion that the government exercise its right to create more money. They claim it would precipitate another ruinous bout of inflation.

“But money creation is money creation — whether by a private bank or the Bank of Canada. And a government in debt only to the government's own bank is not really in debt at all. If it wants to go through the rigamarole of having the Treasury «borrow» from the central bank and later pay interest, that is a minor matter of bookkeeping. As long as the central bank's profits are returned to the Treasury, the results are much the same as if the Treasury had created the money itself.

“There is no reason why the growth of Canada's money supply (averaging about $22 billion annually in recent years) could not be more substantially created by the Bank of Canada. If that policy had been followed, the federal government would not have been obliged to add to its debts to pay interest on old debts. Instead, the Bank of Canada has produced barely 2% of the money added in recent years, while the chartered banks added the rest as they made loans to households, businesses, and all levels of government. At the very least, the Bank of Canada and the chartered banks should share the privilege of creating money on a 50-50 basis.

“Those who dismiss such a proposal as “inflationary” should be required to explain why it would be more inflationary for the government's bank to create $11 billion and the private banks $11 billion, rather than the present practice of having the government's bank create $0.7 billion and the private banks $21.3 billion!

“Clearly the current problem of the Canadian government's deficit is not its absolute size, or its size relative to the GDP, but the insane way it is being financed. A return to the policies of the World War II era, when the Bank of Canada produced almost one-half of the new money at near-zero interest, would do wonders for the economy, while greatly shrinking the deficit... The first order of business for a post-Mulroney-era government must be to regain effective control of the Bank of Canada and make it the primary source of money creation.

“It is ludicrous for the government to put billions of dollars into circulation by borrowing from the private banks, when it can create the extra money it needs, virtually free.”

Banks create money
Click to expand...

But the idea of putting this money into the economy through a B. M. I. is one that I stole from economist Milton Friedman..... and then updated his idea to our modern situation.

DennisTate · Apr 20, 2024

After P. M. Pierre E. Trudeau's colossal error here is how the national debt of
Canada spiralled out of control:

My guess is that he was pressured into doing this so that the same thing could be
arranged in the USA:

http://www.politicalforum.com/index...ashington-swamp-from-the-ottawa-swamp.551407/

Can we learn about the Washington Swamp from the Ottawa Swamp?

?
Does the Ottawa Swamp and the Washington Swamp have the common denominator of ELITISM?

NO
2 vote(s)
22.2%

*
YES
6 vote(s)
66.7%

I am not sure but this is an intriguing theory that I may research further?????
1 vote(s)
11.1%

Change Your Vote

And both images can be seen here:

https://www.michaeljournal.org/articles/social-credit/item/the-public-debt-problem?/plenty34.htm

DennisTate · Apr 20, 2024

Those three brilliant Canadian economists theorized that political leaders love The Deficit... because it gives them the perfect excuse to do essentially nothing about homelessness....... or poverty.. or increasing wages more than inflation.... or.... or.... or.....!

The Deficit Made me do it
Chorney, Harold; Hotson, John; Seccareccia, Mario
Publisher: Canadian Centre for Policy Alternatives, Ottawa, Canada
Resource Type: Book
Cx Number: CX6887

Abstract:
The authors of this booklet, three eminent economists, provide facts and figures why the government use the excuse of cutting job creation and public services to reduce the deficit.
Click to expand...

MONEY acts in the economy much like BLOOD within a human body........ if a body is drained of blood.... it will die......

If an economy is drained of money... that economy will die!

https://famguardian.org/Publications/InThisAgeOfPlenty/appenB.htm

Appendix B – The Bank of Canada
Must Finance our Country, Debt-Free
Say Three Economists

français

(An article published in the March-April, 1995 issue of the Michael Journal.
The introduction and comments are from Alain Pilote.)

Thanks to the sacrifices that have been made for over sixty years by the “White Berets” of the “Michael” and “Vers Demain” Journals, more and more people in high places are discovering the absurdity of the present financial system, and the urgency for the Federal Government to create its own money, interest free, instead of borrowing it at interest from private banks. Here are excerpts from a pamphlet published in 1992 entitled “The Deficit Made Me Do It!”, edited by Ed Finn, of the Canadian Centre for Policy Alternatives (251 Laurier Avenue West, Suite 804, Ottawa, Ont., K1P 5J6), in which three economists — Harold Chorney, of Concordia University in Montreal, John Hotson, of the University of Waterloo, and Mario Seccareccia, of the University of Ottawa — “debunk the myths about government debt,” and repeat, in their own words, what Louis Even and the Social Crediters of the “Michael” Journal have been explaining since 1939. (An updated version of this pamphlet, entitled “10 Deficit Myths”, was issued in January, 1996, and is also available from the same address mentioned above,)

Here is a text that makes a change with the conventional speeches of economists that are disconnected from reality. Moreover, this text points out the real problems and solutions concerning the public debt, at a time when several people are talking about slashing government spending — even social programs, like the pensions and unemployment insurance — to reduce the deficit. The subtitles are from the “Michael” Journal:

by Harold Chorney, John Hotson, and Mario Seccareccia

“Governments these days find it easy to defend cuts in services and programs. All they have to do is point to their annual deficits and their total accumulated debts. (As of March, 1994, Canada's public debt was about $546 billion.) This public debt provides the politicians with a convenient excuse for cutting spending or raising taxes. Or both. «We're broke,» they tell us plaintively. «We can't afford to increase public services, or even keep them at their present level.»

A lesson of war
“As the deep recession dragged into 1992, Finance Minister Don Mazankowski said he couldn't do anything about it. His hands were tied, he said. The federal government was broke. The cupboard was bare. The deficit and accumulated national debt were so enormous that his first priority had to be to reduce them — even if that meant prolonging the recession and making it even worse.

“So his budget contained almost nothing to revive the sick economy. With interest payments on the debt gobbling up one-third of tax revenue, his response was to keep taxes high and axe more public services and agencies. Like Martin Luther before him, Mazankowski in effect proclaimed: «Here stand I. I cannot do otherwise.»

“But it doesn't take an economist to see that in fact he could. All you have to do is imagine what the government would do if it got involved in another Gulf War — or if that war were still raging. Would the Finance Minister have brought down the same kind of budget? Would he have said, «We'd like to keep on fighting, but we're broke, so we're calling our troops back»? Not on your life!

“Did Canada surrender half way through World War II because the national debt had grown even larger than the Gross Domestic Product (GDP)? Of course not! Somehow the extra money was found. If it wasn't by raising taxes or borrowing from the private banks, why, the Bank of Canada simply created all the money the government needed — and at near-zero interest rates, too!

“When World War II ended, the national debt relative to the national income was more than twice as large as it is now. But was the country ruined? Did we have to declare national bankruptcy? Far from it! Instead, Canada's economy boomed and the country prospered for most of the post-war period.

The Bank of Canada has failed in its duty
“Why isn't the same thing happening today? Why was a much larger national debt shrugged off in 1945, while today's much smaller debt (as a percentage of GDP) is being used as an excuse to let the economy stagnate?

“The answer can be found at the Bank of Canada. During the war, and for 30 years afterward, the government could borrow what it needed at low rates of interest, because the government's own bank produced up to half of all the new money. That forced the private banks to keep their interest rates low, too.

“Since the mid-1970s, however, the Bank of Canada, with government consent, has been creating less and less of the new money, while letting the private banks create more and more. Today «our» bank creates a mere 2% of each year's new money supply, while allowing the private banks to gouge the government — and of course you and me, as well — with outrageously high interest rates. And it is these extortionate interest charges that are the principal cause of the rapid escalation of the national debt. If the federal government were paying interest at the average levels that prevailed from the 1930s to the mid-1970s, it would now be running an operating surplus of about $13 billion!”

The updated version (January, 1996) of the pamphlet expresses the same ideas:

“The Bank of Canada was established in 1935 by an Act of Parliament. In its legislative mandate, it is directed to promote economic growth and employment, as well as preserving the value of the Canadian dollar.

“Shortly after the Bank opened its doors, it was faced with the bankruptcy of provincial governments due to the Depression. Interpreting its mandate widely, as it is supposed to do, it made precedent-setting loans to restore the finances of Manitoba. Generous loans to other provinces followed.

“World War II found Canada ready and determined to act in the Allied cause. The war effort of the federal government was financed through enormous deficits and very low interest rates brought about by the Bank of Canada. At war's end, the national debt stood at about 120% of Gross Domestic Product (GDP), nearly double the level of today. Yet Canada went on to enjoy the greatest period of economic growth in its history...

“(Now) the Bank of Canada has decided that any government spending not financed by taxation is inflationary, so it no longer extends credit to the government by holding bonds and Treasury bills. Its small holdings of government debt are confined to the banknotes needed by the economy for currency in circulation...” (End of 1996 updated version's excerpts.)

Interest rates and inflation

https://famguardian.org/Publications/InThisAgeOfPlenty/appenB.htm
Click to expand...

DennisTate · Apr 29, 2024

......[/QUOTE]

Do Biden's advisors and Trudeau's advisors seem to want to crash the markets?

DennisTate said: ↑

Printing a lot of extra money will not of and by itself produce hyper-inflation.....

you also need to DECREASE PRODUCTIVITY......

paying people more who do nothing......and hammering away at the twenty percent of the population who do eighty percent of the most valuable work with higher and higher and higher levels of taxation.......
is a good way to set the stage for hyper-inflation......
and both Biden as well as Trudeau have been doing that for these past two years.
Click to expand...

?
Do Biden's advisors want to create an economic crisis?

No
9 vote(s)
40.9%

*
Yes
11 vote(s)
50.0%

I certainly hope not????
2 vote(s)
9.1%

I hope so... because I know how to invest no matter which way this goes!
0 vote(s)
0.0%

Change Your Vote

DennisTate · Apr 29, 2024

Is it possible that Canada's Prime Minister Pierre E. Trudeau may have been attempting

to save the world ENVIRONMENT from overly PRODUCTIVE Canadians through his

rather obvious error back in 1974?????

Is this statement one of the most insightful paragraphs ever written on the productive capability of

human beings..... [or Canadians].... if they can agree that a project is important and worth investing money and time and talent and effort in?

"And the LORD came down to see the city and the tower, which the children of men builded.
And the LORD said, Behold, the people is one, and they have all one language; and this they begin to do: and now nothing will be restrained from them, which they have imagined to do." (Genesis 11)

Thomas Robert Malthus was an Anglican priest who understood this principle quite well... and yes.... there is a legitimate PESSIMISTIC way to view all of this!

https://en.wikipedia.org/wiki/Malthusianism

Neo-Malthusianism is the advocacy of human population planning to ensure resources and environmental integrities for current and future human populations as well as for other species.[2] In Britain the term "Malthusian" can also refer more specifically to arguments made in favour of family planning, hence organizations such as the Malthusian League.[8] Neo-Malthusians differ from Malthus's theories mainly in their support for the use of birth control. Malthus, a devout Christian, believed that "self-control" (i.e., abstinence) was preferable to artificial birth control. He also worried that the effect of contraceptive use would be too powerful in curbing growth, conflicting with the common 18th century perspective (to which Malthus himself adhered) that a steadily growing population remained a necessary factor in the continuing "progress of society", generally. Modern neo-Malthusians are generally more concerned than Malthus with environmental degradation and catastrophic famine than with poverty.

Malthusianism has attracted criticism from diverse schools of thought, including Georgists, Marxists [9] and socialists,[10] libertarians and free marketadvocates,[11] feminists,[12] Catholics,[13] and human rights advocates, characterising it as excessively pessimistic, insufficiently researched,[13]misanthropic or inhuman.[14][15][3][16] Many critics believe Malthusianism has been discredited since the publication of Principle of Population, often citing advances in agricultural techniques and modern reductions in human fertility.[17] Some modern proponents believe that the basic concept of population growth eventually outstripping resources is still fundamentally valid, and that positive checks are still likely to occur in humanity's future if no action is taken to intentionally curb population growth.[18][19][better source needed] In spite of the variety of criticisms against it, the Malthusian argument remains a major discourse based on which national and international environmental regulations are promoted.
Click to expand...

Ecclesiastes 10:19
"A feast is made for laughter, and wine maketh merry: but money answereth all things. "

Do economists who are worried about us Canadians becoming OVERLY PRODUCTIVE understand that one of the only ways

to slow us down........

is to use COMPOUND INTEREST OVER TIME... to make it look on paper as if we are BANKRUPT?????

I wrote something about this in my 2004 campaign.....

www.BankingSystemFlaws.blogspot.com/

WHAT IS UNDERCONSUMPTIONISM? DO YOU THINK OUR PRIME MINISTER COULD DEFINE THIS THEORY IF ASKED ABOUT IT TOMORROW MORNING?

Basically, underconsumptionism, is the idea that in a technologically advanced economy, the sum total of the wages paid out to all workers involved in the creation of consumer goods, will never be as high as the value of the goods that they can produce. Globalization and the lessening of trade barriers between nations can cause the discrepancy between the supply of funds in the hands of consumers, and the total global level of production, to become almost incomprehensible.

This quotation from a Lubavichter Jewish website sums up the question quite well:
Click to expand...

"1. The first thing Moshiach does is do away with bad marketing."
"That's the true villain that has held us back all these years. Ask any
consumer electronics or computer engineer. We could all own household robots to
do our work. We could be consuming less than 10% of the natural resources we
consume now if it weren't for those nefarious busy bodies who market quantity
rather than quality. Given the true needs of most people and the productivity
possible with modern technology, we should all be working an average of 2.5
hours a week. What's responsible for the other 60+ hours? Bad
Marketing."

"Moshiach's marketing people will get people's minds back on the right
track. Thinking about real quality of life. About their relationship with the
earth and with their bodies and their souls and the people around them. Once
that's done, just about everything else we need to create paradise is here
already."

[Sighting Moshiach, chabad .org
https://www.chabad.org/library/article_cdo/aid/2811/jewish/Sighting-Moshiach.htm
]

Click to expand...

My 2006, 2008, 2016 and 2004 campaign writings as ART.

?
Is the world economy being deliberately dampened, perhaps to save the environment?

*
Yes
3 vote(s)
75.0%

No
0 vote(s)
0.0%

Maybe?????
1 vote(s)
25.0%

Change Your Vote

https://en.wikipedia.org/wiki/Thomas_Robert_Malthus

Thomas Robert Malthus FRS (/ˈmælθəs/; 13/14 February 1766 – 29 December 1834)[1] was an English economist, cleric, and scholar influential in the fields of political economy and demography.[2]

In his 1798 book An Essay on the Principle of Population, Malthus observed that an increase in a nation's food production improved the well-being of the population, but the improvement was temporary because it led to population growth, which in turn restored the original per capita production level. In other words, humans had a propensity to use abundance for population growth rather than for maintaining a high standard of living, a view that has become known as the "Malthusian trap" or the "Malthusian spectre". Populations had a tendency to grow until the lower class suffered hardship, want and greater susceptibility to war, famine, and disease, a pessimistic view that is sometimes referred to as a Malthusian catastrophe. Malthus wrote in opposition to the popular view in 18th-century Europe that saw society as improving and in principle as perfectible.[3]

Malthus considered population growth as inevitable whenever conditions improved, thereby precluding real progress towards a utopian society: "The power of population is indefinitely greater than the power in the earth to produce subsistence for man."[4] As an Anglican cleric, he saw this situation as divinely imposed to teach virtuous behavior.[5] Malthus wrote that "the increase of population is necessarily limited by subsistence", "population does invariably increase when the means of subsistence increase", and "the superior power of population repress by moral restraint, vice, and misery
Click to expand...

[/quote][/quote]

DennisTate · May 11, 2024

In my opinion.....
The Ruach ha Kodesh is getting involved in Canadian politics.....

specifically in the 2024 Mississauga by - election for Mayor.

2024 Mayor of Mississauga By-election.

DennisTate said: ↑

Now this is certainly interesting!

Carolyn Parrish Receives Endorsements from Peter McCallion & Peter Tolias for Mayor of Mississauga

This actually sets up something potentially rather huge?!

"I believe that Actress and near death experiencer Ms. Sharon Stone should come up to Mississauga and meet with 2024 Mayoral election candidate Mr. Peter McCallion because as the only child of Mayor Hazel McCallion he has the
authority to print up a million twenty dollar notes with Mayor Hazel on them........ and these twenty dollar notes could tap into COLLECTORS EDITION EFFECT.... and eventually become extremely valuable.
Eventually... this could be linked to a Block Chain currency...... that could be used to finance film projects that go against "Innovating to zero" which postulated back in 2010 DEPOPULATION DOWN FROM SIX POINT EIGHT BILLION PEOPLE TO two or three billion people on earth!!!!!
This gives Actress Sharon Stone a serious conflict to work with... that should attract attention.... [especially considering how badly the Covid 19 pandemic was handled]......
A ONE HOUR OF VOLUNTEERISM NOTE....
here in the Greater Toronto Area would be worth twenty dollars.....
minimum wage for one hour here!!!!

Sharon Stone Opens Up About Her Near Death Experience, Me Too & Her Hollywood Career | GMB

and.....

Speaking of sports did you know that Mississauga Mayor Hazel McCallion played with a professional women's hockey team when she was young? Please imagine near death experiencer Sharon Stone playing the role of Mayor Hazel..... in an alternative universe...... where her only child Mr. Peter McCallion resurrects his mom artistically... in order to benefit all eight hundred and thirty thousand residents of Mississauga. Incidentally..... Mr. Peter McCallion is campaigning for the office of Mayor of Mississauga in 2024!

Please imagine a twenty dollar alternative currency "Hazel McCallion Note".... that serves as a PROP in a series of films....... again starring near death experiencer Sharon Stone...... and reality and semi- reality science fiction films set in the Greater Toronto and Hamilton Area are partly financed using these Hazel McCallion twenty dollar bills....... and COLLECTORS EDITION EFFECT kicks into motion on these "props?"

https://podcasters.spotify.com/pod/...XLL-bwWlY1MRnb5b-bAXf8y_ADRg9fs0Hg7yeKyG8Pgwd

The Sam Sorbo Show
By In Partnership with The Herzog Foundation
The multi-talented and always interesting Sam Sorbo discusses current events with fascinating guests and gives her unique analysis for her listeners. Sam says her show deals with "politics and religion - the only two things worth talking about" - but always through the all-important lens of education.
Click to expand...

I am truly impressed that Mayor Hazel McCallion's only child has a deep concern for the homeless people of Mississauga and the entire Greater Toronto Area.

http://www.politicalforum.com/index...ssissauga-by-election.617470/#post-1074783572

2024 Mayor of Mississauga By-election.

DennisTate said: ↑

Last week at work a good friend of mine told me that he personally supported Mr. Alvin Tedjo for Mayor of Mississauga!

A..... told me that he had worked with Mr. Tedjo in the past and really liked him.

Up until today I have not really taken a serious look at any other candidate than Mr. Peter McCallion.

https://www.alvintedjo.ca

Shabbat Shalom Mr., Tedjo:

Thank you for showing the courage to already be involved in Mississauga government and politics. I have a suggestion for you that I believe could be very useful to you in the future and also be win, win, win, win, win, win for a high percentage of residents of Mississauga, [frankly there is a way to take this idea to the level where all eight hundred and twenty eight thousand plus residents of Mississauga benefit GREATLY]! .

As you know...... you must be a diplomat in order to be effective in government at any level. Ottawa at this time, in my opinion anyway, has been extremely DIVISIVE and has been doing what tends to increase divisions and tensions among most Canadians.

I personally disagree with Ms. Tina Turner and I believe that Mississauga and all Canadians and all eight billion people on this earth are in desperate need of heroes.....

I believe that Mayor Hazel McCallion behaved in such a way that her life story lends itself to the creation of a truly heroic woman who did an exceptionally good job of serving Mississauga, even after her retirement from the office of Mayor.

As Mayor Hazel's only child, Mr. Peter McCallion has absolute legal freedom to use the name and image of Mayor Hazel in any way that he chooses.

I would suggest a modern application of the 1932 Worgl Austria Local Money Experiment that was expanded to more than one thousand communities in the USA which.... seems to have played a significant role in convincing President Franklin Delano Roosevelt to initiate The New Deal?!

A Hazel McCallion twenty dollar note..... and / or a Hazel McCallion ONE HOUR NOTE... could start off as having zero value but they could surge in value due to COLLECTORS EDITION EFFECT within the context of the terribly precarious situation that the USA and Canadian economy seem to be in?!

Mr. Tedjo.... would YOU become a major leader in convincing Mr. Peter McCallion to give his word that he will try his best to set in motion at least one... if not two alternative currency notes that bear the name and image of Mayor Hazel McCallion?

SHRINK DAMAGED is an issue that has validity to every major company that operates here in Mississauga but also in all of Canada and all of America.

In theory.... a twenty dollar Hazel McCallion note or a one hour Hazel McCallion Volunteerism Hour note.....
could be used to buy SHRINK DAMGAED from building supply stores such as where I work......

but franky even the up scale stores at Square One deal with the issue of Shrink Damaged.

I have a series of films in my head that i wish to challenge you to do for the token sum of two dollars......
and then YOU can assist Mr. Peter McCallion to become like an AGENT OR MANAGER for essentially all residents of Mississauga.....
[whether or not he is elected Mayor or not is not an issue..... because www.CalgaryDollars.ca/ and The Ithaca Hour in New York State have been set up by
socially active residents with little or no input from the local government].

Can you agree with Mr. Peter McCallion that OTTAWA bears some responsibility for the problems facing the residents of Mississauga?

Shabbat Shalom.

Dennis Tait

And on that note.....

My plan to pay off the deficit at the rate of twenty billion dollars per month?

http://www.politicalforum.com/index...ion-dollars-per-month.618227/#post-1074763215
Click to expand...

Peter McCallion|Son of Hazel McCallion contemplating run in Mississauga byelection.

It seems pretty obvious that Mr. Peter McCallion would never have enforced Ms. Carolyn Parrish if he did not believe that she shares his concerns for the homeless people of Mississauga and all of the Greater Toronto and Hamilton Area!

And on that note:

[Pastor Rick Joyner, The Final Quest] :
"The Lord is now preparing courageous leaders who
will be willing to fight a spiritual civil war in order to set men free.
The main issue, as in the American Civil War, will be slavery versus
freedom. The secondary issue, which will be the primary issue for some,
will be money.

Just as the American Civil War at time looked like it would destroy the entire
nation, that which is coming upon the church will sometimes appear as if it will
bring the end of the church. However, just as the United States not only
survived but went on to become the most powerful nation on earth, the same
is going to happen to the church. The church will not be destroyed, but the institutions
and doctrines that have kept men in spiritual slavery will be" (Rick Joyner, The Vision, page 39)
Click to expand...

DennisTate · May 11, 2024

So..... Shabbat Shalom everybody.......

and now you are all set up to better understand the following quotation.....

Dr. Kevin Zadai, Prayer Secrets Level 1, Warrior Notes School of Ministry, lesson 4 :

... "Jesus said that this unbelieving world is not going to accept you, but He said, “Do not fear, for I have overcome the world.” What is it that is bothering you today? You might not think that you have access to the Father, but it has been provided to you. You might think that you cannot just go to the Father and ask Him for something. The first thing you should ask the Father is to open your eyes. Your relationship with God is going to drive out fear. You have to grasp that God is not limiting you. He has never limited you. The Holy Spirit came on the Day of Pentecost and took the ceiling off. You can go as high and as far as you want.

If you would believe, God would give you the ability to completely pay off our national debt. God has a way of paying off our debt in our country. There is a way to do it. God knows that secret. But instead of focusing on our country, what about focusing on your bills? What does the Holy Spirit want to tell you by pulling back a veil that will cause you to be debt-free within the year? That will happen if you believe. The Holy Spirit has so much more for you, but you have limited Him. Because you have limited Him, He can’t speak to you. Because of that, people that are prophetic can’t come to you and confirm what God has said because you won’t hear it.

You can trust God. Relationships that you are having trouble with can be resolved tomorrow morning. If you accept what God is saying, the Spirit of God will enforce a blessing in your life to the point where you will see your family members and friends start to respond. " (Dr. Kevin Zadai, Prayer Secrets Level 1, Warrior Notes School of Ministry, lesson 4 )
Click to expand...

Can the national debt of the USA be paid off in one year?

?
Can the national debt of the USA be paid off in one year?

No
42 vote(s)
85.7%

Yes
4 vote(s)
8.2%

*
No.. it will take seven years and Ezekiel chapters forty to forty eight must be prepared for.
2 vote(s)
4.1%

By this do you mean that the national debt of the USA is partly a practical joke???????
1 vote(s)
2.0%

Change Your Vote

I AM PROFOUNDLY ENCOURAGED BY THE FACT THAT OVER FOURTEEN PERCENT OF THE WRITERS AND POSTERS ON POLITICAL FORUM ACTUALLY HAVE A PRETTY GOOD UNDERSTANDING OF ECONOMICS!!!!!!!!!!!

http://www.politicalforum.com/index...is-a-good-thing.499686/page-9#post-1067298520

Econ4Every1 said: ↑

The Weimar defense?

If I said that a person who was pushed from 6th-floor balcony died because they hit the ground. Would you blame the ground for their death or the person that pushed them?

Clearly, the person would not have fallen off the balcony if they hadn't been pushed. So the precipitating cause was the push, the resulting cause was hitting the ground.

No push, the person in question would not have died at that instant.

In the same way, money creation, wasn't the precipitating cause of hyperinflation, it was the resulting cause. The precipitating cause was the loss of productivity due to the destruction of factories during the war combined with reparations and the massive foreign debt payable only in gold.
Click to expand...

THE CURRENCY OF HEAVEN IS SOULS!!!!!!

https://www.youtube.com/watch?v=LdRYJCdqfOY

What Happens The Day Before You Hear "I Never Knew You"

DennisTate · Jul 18, 2024

Increasing awareness of how an experiment in economics may have greatly assisted F. D. R. to initiate The New Deal could

theoretically play a huge role in helping all of this to come together over the coming months and years?

( by Francis and Lia Ayley
The Truth About Money: The Money SystemIsnt There a Better Way?) :

City in Austria Printed Local Currency
Worgl, like many other European towns and cities, was hit hard by the Great Depression. There was mass unemployment; four of the five local factories had closed, and the people were starving in the streets. Nobody had any money to buy anything. One of the features of an economic depression is that there is not enough money in circulation to ensure that people can meet their basic needs, and in the 1930s, the shortage of currency in many countries of the world became catastrophic.

The mayor of Worgl, together with local businessmen, decided to try to break this economic impasse by creating their own local currency. They printed and issued 60,000 Austrian shillings worth of local currency. These shillings could only be spent in Worgl, so they remained in the local community and were exchanged over and over again.

The positive impact was immediate and surprising to everyone. In only six weeks, unemployment disappeared, all the factories had reopened and everyone had food. For the inhabitants of Worgl, the economic depression was gone. This dramatic transformation became known as the “miracle of Worgl.” Surrounding towns, inspired by the success of Worgl, immediately started printing their own local currencies.

Sadly, the miracle did not last long. When the Austrian Central Bank heard about Worgl’s local currency, they initiated legal proceedings against the mayor and local businessmen. According to Austrian banking law, it was illegal for anyone except the Austrian Central Bank to issue money. The bank won the court case, and the mayor was ordered to shut down the local currency, which he did, under threat of imprisonment. The town then returned to the devastating economic depression of the 1930s, with all the human pain and suffering associated with this catastrophe. Factories closed, and once again, the people starved.

Alternative Currency in the U.S.
Irving Fisher, an American professor of economics at Yale University, visited Worgl before the local currency was suppressed and witnessed the ‘miracle’ firsthand. When he returned to the United States, Fisher spread the word by traveling and lecturing across the country, advocating the use of the Worgl ‘scrip’ everywhere. Inspired by his vision, hundreds of communities began issuing their own currency, and by 1934 there were over 1,000 local communities using ‘scrip’ throughout the U.S.

Every one of these communities experienced a tremendous rejuvenation of their local economies. They thrived while others suffered. Fisher then met with President Franklin D. Roosevelt, proposing the implementation of government-sanctioned local ‘scrip’ in every community in America. When FDR consulted with his top financial advisors and bankers, however, he was advised to shut all the ‘scrip’ systems down, which he did. Instead, he borrowed large amounts of money from bankers, at interest, and used it to pay for the Reconstruction Finance Corporation and the other work-creation projects, which collectively came to be known as the ‘New Deal.’ So ended the last widespread use of a local currency within the U.S.

This pattern of economic collapse and re-emergence of local currencies has occurred thousands of times in many parts of the world. When these currencies have failed or have been suppressed, banks have not always been to blame. Sometimes, local currencies fail because they have been badly designed or implemented. Sometimes, people lose interest in them when the mainstream economy recovers. But they have always returned in one form or another during times of economic failure.

Our present world situation is uniquely different. Despite a relatively prosperous and stable world economy, a quiet monetary revolution has been occurring around the globe over the last 20 years. Awareness is growing about the flaws in our current monetary system, and people are re-creating viable alternatives. We are witnessing for the first time the worldwide creation of money systems designed by the people who use them, instead of by central banks." ( by Francis and Lia Ayley
The Truth About Money: The Money SystemIsnt There a Better Way?)
Click to expand...

kazenatsu · Jul 20, 2024

DennisTate said: ↑

An Unconditional but Taxable Basic Minimum Income to all forty one million Canadians of merely five hundred dollars per month........
Click to expand...

You will have to explain what this means, precisely what you are referring to.
Are we talking about some kind of minimum wage? Or employers will be forbidden from hiring workers unless they pay at least the minimum amount?

Hopefully you aren't imagining government would pay this money and then that would somehow solve the deficit?
(Because that would not seem to make much logical sense, and you provided no explanation about that)

DennisTate · Jul 24, 2024

kazenatsu said: ↑

You will have to explain what this means, precisely what you are referring to.
Are we talking about some kind of minimum wage? Or employers will be forbidden from hiring workers unless they pay at least the minimum amount?

Hopefully you aren't imagining government would pay this money and then that would somehow solve the deficit?
(Because that would not seem to make much logical sense, and you provided no explanation about that)
Click to expand...

No.... basically this would be like giving five hundred Northern Pesos.... [Canadian Dollars] to all

legal Canadian Citizens each month..................
.......
So forty one million Canadians x 500 dollars per month will be a little over twenty billion dollars Canadian per month........

If Canadians claim to be Pro-Life they should tend to take this option very seriously........

because I am certain that the percentage drop in Canadian women feeling PRESSURED into having an abortion due to

the possibility of ending up in poverty on Social Assistance as happens to so many single mothers here in Canada should be

much less of a fear considering that a family of one mother and two children would get this Basic Minimum Income supplement of five hundred plus five hundred plus five hundred which will equal fifteen hundred dollars per month income supplement for all three of them.

This is NOT my idea.....

this was proposed by Economist Milton Friedman but I simply updated his concept to the cost of living now in 2024......

.... [ incidentally... this would also give the fathers of unborn children some extra money that could be taken from the dad and given to the single mom as child support]!?

In 2024... if the truth on this topic does not come out then Members of Parliament will certainly spend far more than this sum of money on behalf of each Canadian by

making sure that their billionaire buddies are backed up in their version of Trickle Down Economics......

that is of course greatly preferred in ELITIST OTTAWA!!!!!

Your theology and a Basic Minimum Income?

DennisTate said: ↑

I have believed for many years now that if somebody's religious beliefs is PRO-LIFE then they should also tend to support a Basic Minimum Income for all citizens as was advocated by Economist Milton Friedman.

An UNCONDITIONAL BASIC MINIMUM INCOME would give added life to organizations that are attempting to help the homeless.... drug addicts....... alcoholics...... the sex industry... gambling.... and would become a source of revenue that courts could divert over from fathers to a mom who has custody of the children and is actually caring for the children!

I am Pro - Life and I definitely think that an unconditional Basic Minimum Income to all citizens will positively alter the economy of The United States and Canada and soon other nations will follow suit because our history shows how this idea goes back many decades.
Click to expand...

Would a Basic Minimum Income dramatically reduce abortions?

?
Will a Minimum Basic Income dramatically reduce the incidence of abortions?

Perhaps by 1- 10 percent over the present rate.
5 vote(s)
55.6%

Perhaps by 11 to twenty percent over the present rate.
0 vote(s)
0.0%

Perhaps twenty one to thirty percent over the present rate.
1 vote(s)
11.1%

*
Perhaps by even more than by thirty percent?
3 vote(s)
33.3%

Change Your Vote

kazenatsu · Jul 24, 2024

DennisTate said: ↑

No.... basically this would be like giving five hundred Northern Pesos.... [Canadian Dollars] to all

legal Canadian Citizens each month..................
Click to expand...

So let me understand this... You think giving out free money is somehow going to pay down the deficit and national debt??

I'd really like you to explain the economics of that one, if you can.

DennisTate · Jul 26, 2024

kazenatsu said: ↑

So let me understand this... You think giving out free money is somehow going to pay down the deficit and national debt??

I'd really like you to explain the economics of that one, if you can.
Click to expand...

Compound Interest over time has been used to cause the national debts of the USA and Canada to spiral out of control since 1974.

From 1938 to 1974 the Bank of Canada was used to put money into the Canadian economy in such a way that the net interest cost to

Canadian taxpayers was essentially zero. [The only costs were the wages of the workers at the Bank of Canada].

The 1938 to 1974 Bank of Canada policy was so intelligent, wise and brilliant......

that it scared BigBanking people in London...,... and even Switzerland!

They used Prime Minister Pierre E. Trudeau in 1974 to stop the 1938 to 1974 Bank of Canada policy from continuing.

My theory is that this was done in order to pull off a deception on ninety nine point nine percent of American citizens......

and to some degree even on Americans with a degree in economics!!!!!!????

If you are up for it the most informative article on this is by three Canadian economists named Harold Chorney, John Hotson and Mario Seccarrecia.

The Deficit made me do it
Contributors: Chorney, Harold, 1946- ; Finn, Ed. ; Hotson, John H., 1930- ;Seccareccia, Mario.
1992, Book , 20 pages :
1 copy
Click to expand...

Appendix B – The Bank of Canada
Must Finance our Country, Debt-Free
Say Three Economists

français

(An article published in the March-April, 1995 issue of the Michael Journal.
The introduction and comments are from Alain Pilote.)

by Harold Chorney, John Hotson, and Mario Seccareccia

“Governments these days find it easy to defend cuts in services and programs. All they have to do is point to their annual deficits and their total accumulated debts. (As of March, 1994, Canada's public debt was about $546 billion.) This public debt provides the politicians with a convenient excuse for cutting spending or raising taxes. Or both. «We're broke,» they tell us plaintively. «We can't afford to increase public services, or even keep them at their present level.»

A lesson of war
“As the deep recession dragged into 1992, Finance Minister Don Mazankowski said he couldn't do anything about it. His hands were tied, he said. The federal government was broke. The cupboard was bare. The deficit and accumulated national debt were so enormous that his first priority had to be to reduce them — even if that meant prolonging the recession and making it even worse.

“So his budget contained almost nothing to revive the sick economy. With interest payments on the debt gobbling up one-third of tax revenue, his response was to keep taxes high and axe more public services and agencies. Like Martin Luther before him, Mazankowski in effect proclaimed: «Here stand I. I cannot do otherwise.»

“But it doesn't take an economist to see that in fact he could. All you have to do is imagine what the government would do if it got involved in another Gulf War — or if that war were still raging. Would the Finance Minister have brought down the same kind of budget? Would he have said, «We'd like to keep on fighting, but we're broke, so we're calling our troops back»? Not on your life!

“Did Canada surrender half way through World War II because the national debt had grown even larger than the Gross Domestic Product (GDP)? Of course not! Somehow the extra money was found. If it wasn't by raising taxes or borrowing from the private banks, why, the Bank of Canada simply created all the money the government needed — and at near-zero interest rates, too!

“When World War II ended, the national debt relative to the national income was more than twice as large as it is now. But was the country ruined? Did we have to declare national bankruptcy? Far from it! Instead, Canada's economy boomed and the country prospered for most of the post-war period.

The Bank of Canada has failed in its duty
“Why isn't the same thing happening today? Why was a much larger national debt shrugged off in 1945, while today's much smaller debt (as a percentage of GDP) is being used as an excuse to let the economy stagnate?

“The answer can be found at the Bank of Canada. During the war, and for 30 years afterward, the government could borrow what it needed at low rates of interest, because the government's own bank produced up to half of all the new money. That forced the private banks to keep their interest rates low, too.

“Since the mid-1970s, however, the Bank of Canada, with government consent, has been creating less and less of the new money, while letting the private banks create more and more. Today «our» bank creates a mere 2% of each year's new money supply, while allowing the private banks to gouge the government — and of course you and me, as well — with outrageously high interest rates. And it is these extortionate interest charges that are the principal cause of the rapid escalation of the national debt. If the federal government were paying interest at the average levels that prevailed from the 1930s to the mid-1970s, it would now be running an operating surplus of about $13 billion!”

The updated version (January, 1996) of the pamphlet expresses the same ideas:

“The Bank of Canada was established in 1935 by an Act of Parliament. In its legislative mandate, it is directed to promote economic growth and employment, as well as preserving the value of the Canadian dollar.

“Shortly after the Bank opened its doors, it was faced with the bankruptcy of provincial governments due to the Depression. Interpreting its mandate widely, as it is supposed to do, it made precedent-setting loans to restore the finances of Manitoba. Generous loans to other provinces followed.

“World War II found Canada ready and determined to act in the Allied cause. The war effort of the federal government was financed through enormous deficits and very low interest rates brought about by the Bank of Canada. At war's end, the national debt stood at about 120% of Gross Domestic Product (GDP), nearly double the level of today. Yet Canada went on to enjoy the greatest period of economic growth in its history...

“(Now) the Bank of Canada has decided that any government spending not financed by taxation is inflationary, so it no longer extends credit to the government by holding bonds and Treasury bills. Its small holdings of government debt are confined to the banknotes needed by the economy for currency in circulation...” (End of 1996 updated version's excerpts.)

Interest rates and inflation
“Thousands of years of sad experience with the concentration of wealth and debt slavery caused all the ancient books of wisdom — including the Bible and the Koran — to condemn the charging of immoderate rates of interest.(...) The conventional wisdom, however, is that inflation is the greatest threat to the economy and must be restrained by raising interest rates. This flies in the face of the common-sense observation that rising prices (inflation) are caused by rising costs, and that interest rates are costs. So raising them will raise prices, not lower them.
....
....

“Business and the conservatives in politics and the media are horrified by the suggestion that the government exercise its right to create more money. They claim it would precipitate another ruinous bout of inflation.

“But money creation is money creation — whether by a private bank or the Bank of Canada. And a government in debt only to the government's own bank is not really in debt at all. If it wants to go through the rigamarole of having the Treasury «borrow» from the central bank and later pay interest, that is a minor matter of bookkeeping. As long as the central bank's profits are returned to the Treasury, the results are much the same as if the Treasury had created the money itself.

“There is no reason why the growth of Canada's money supply (averaging about $22 billion annually in recent years) could not be more substantially created by the Bank of Canada. If that policy had been followed, the federal government would not have been obliged to add to its debts to pay interest on old debts. Instead, the Bank of Canada has produced barely 2% of the money added in recent years, while the chartered banks added the rest as they made loans to households, businesses, and all levels of government. At the very least, the Bank of Canada and the chartered banks should share the privilege of creating money on a 50-50 basis.

“Those who dismiss such a proposal as «inflationary» should be required to explain why it would be more inflationary for the government's bank to create $11 billion and the private banks $11 billion, rather than the present practice of having the government's bank create $0.7 billion and the private banks $21.3 billion!

“Clearly the current problem of the Canadian government's deficit is not its absolute size, or its size relative to the GDP, but the insane way it is being financed. A return to the policies of the World War II era, when the Bank of Canada produced almost one-half of the new money at near-zero interest, would do wonders for the economy, while greatly shrinking the deficit... The first order of business for a post-Mulroney-era government must be to regain effective control of the Bank of Canada and make it the primary source of money creation.

“It is ludicrous for the government to put billions of dollars into circulation by borrowing from the private banks, when it can create the extra money it needs, virtually free.
.... [ by Harold Chorney, John Hotson, and Mario Seccareccia]
Click to expand...

If forty one million Canadians continue to believe in the con job that they have been hit with since 1974.... that is certainly their choice... . and if they do then P. M. Justin Trudeau and those who are elected to the office of Members of Parliament will continue to spend and spend and spend and spend on projects VASTLY LESS LOGICAL AND BENEFICIAL THAN A PALTRY FIVE HUNDRED DOLLAR PER MONTH BASIC MINIMUM INCOME THAT IS UNCONDITIONAL.... BUT TAXABLE!!!!!

As that extra twenty billion dollars goes into the economy it would be taxed back into the treasury after it turns over three times....... which would soon begin to pay down the DEFICIT by the rate of about twenty billion dollars per month... and soon the national debt of Canada would begin to be reduced at the same rate!

That is my understanding of this astonishingly simple idea anyway????!!!!!

DennisTate · Aug 3, 2024

kazenatsu said: ↑

So let me understand this... You think giving out free money is somehow going to pay down the deficit and national debt??

I'd really like you to explain the economics of that one, if you can.
Click to expand...

Am I INCORRECT and naive to strongly suspect that the logical progression of events IF Canada were to introduce an Unconditional but Taxable Basic Minimum Income based on the brilliant 1938 to 1974 Bank of Canada policy might be:

"There will be a sudden rush to buy farms, ranches, and homes in the country.

Thousands will attempt to flee from cities, hoping that a return to the land and

nature will provide security. There will be a growing urge to "get away from it

all"---and much money will be invested in land and acreage in rural areas by

people who have secret dreams of raising their own food and cattle and of

becoming self-supporting. The price of open rural land will continue to soar.

Acreage within 100 miles of most major cities will skyrocket out of reach to

all but syndicates." (David Wilkerson, The Vision, page 18,19).
Click to expand...

Please NOTE that over the coming months and perhaps even year or two... BIGMEDIA will attempt to convince the average American and the average Canadian that

a Bear Market..... [ok... the formula for a Bear Market].... is better than the formula for a Bull Market and a Real Estate boom even in rural America and Canada!

Could a real estate boom plus better Fed policy pay off USA national debt?

DennisTate · Sep 2, 2024

kazenatsu said: ↑

You will have to explain what this means, precisely what you are referring to.
Are we talking about some kind of minimum wage? Or employers will be forbidden from hiring workers unless they pay at least the minimum amount?

Hopefully you aren't imagining government would pay this money and then that would somehow solve the deficit?
(Because that would not seem to make much logical sense, and you provided no explanation about that)
Click to expand...

One of the best writers on this topic that I have ever found online just sent me a message......

it seems that he is close to being on the same page that you are.

J. M. ... "
Mostly false, as my many replies to you over the years have shown. To start with, data from Statistics Canada and the Bank of Canada show the Bank of Canada did not stop lending to the government in 1974, it kept lending the same way it always has, by buying bonds.

J.M.
No it wouldn’t. Giving people $500 a month and taxing some of it back by itself would increase the deficit, not reduce it. Now if this measure were paired with other measures, like higher taxes for some, and elimination of some benefits like social assistance, the package could reduce or eliminate the deficit. But the math would have to work. The money coming in would have to exceed the money going out. You are mistaken about how the Bank of Canada operated between 1938 and 1974. It was never used to provide free money to Canadians, and it didn’t change anything in 1974. And between 1938 and 1974 the government still ran deficits most years, including deficits during WW2 much greater as a % of GDP than anything we have now.
Click to expand...

J. M. and I met over a decade ago......
if I remember correctly it was when I was attempting to mount a campaign to rival Mr. Justin Trudeau for the office of National Leader of Canada's Liberal Party.

I personally believe that J. M. has UNDERESTIMATED the extent of the CLAWBACK EFFECT that Compound Interest Over Time truly has on the money supply of Canada....... especially when the rather brilliant 1938 to 1974 methods are NOT being used?!

IF PRIVATE BANKS ARE USED TO CREATE NINETY EIGHT PERCENT OF THE MONEY SUPPLY OF CANADIAN DOLLARS......

then if the interest rate ... is for example three or four percent......

then in the first year in which an extra billion dollars may be added to the annual Money Supply of Canada... then in that first year alone if three percent interest were to be charged on that billion dollars.... then within twelve months.... three percent of a billion dollars Canadian...... [ thirty million Canadian Dollars] has been CLAWED BACK OUT OF THE MONEY SUPPLY OF CANADA!!!!

IT IS TOO BAD THAT MR. JAGMEET SINGH SEEMS TO LACK THE LEVEL OF INTELLECTUAL COURAGE THAT MR. JACK LAYTON HAD!!!!!!???

"We never should have privatized our debt and turned it over to the
private banks, we should have kept it in the hands of the Bank of Canada,
at least a major part of it, because then we would have been paying
interest back to ourselves." (NDP Leader Jack Layton)
Click to expand...

dairyair · Sep 2, 2024

DennisTate said: ↑

Am I a blithering idiot to think that this could work?????

In my opinion.... An Unconditional but Taxable Basic Minimum Income to all forty one million Canadians of merely five hundred dollars per month........

that is put into the economy in essentially the same manner as the Bank of Canada policy of 1938 to 1974 should....... in my opinion...... PAY DOWN THE DEFICIT.......

AND SOON THE NATIONAL DEBT OF CANADA.....

AT THE RATE OF ABOUT TWENTY BILLION DOLLARS PER MONTH!!!!!

This idea is so simple that this may scare you!!!!!

Forty one million Canadian citizens and legal residents......
if they each receive FIVE HUNDRED DOLLARS CANADIAN......

CREATED IN THE MANNER THAT MS. BETTY KRAWCZYK RECOMMENTS......

[in a way that creates essentially zero COMPOUND INTEREST OWING OVER TIME]......

THEN AFTER this money turns over about three times in the economy......

it will be taxed back into the Treasury.......

and will begin to pay down... .first the Deficit and soon The national Debt of Canada??????

Essentially this same idea can work in the USA as well!
Click to expand...

Did I miss the NDE that generated this idea?

FreshAir · Sep 2, 2024

wages used to rise faster, as did inflation

this of course makes old debt worth less and easier to pay off

DennisTate · Sep 2, 2024

dairyair said: ↑

Did I miss the NDE that generated this idea?
Click to expand...

Maybe... near death experiencer Kevin Zadai Th. D. was shown to write that there was a way to pay off

even the national debt of the U.S.A. The national debt of Canada is merely a fraction of the national debt of the United States.

Can the national debt of the USA be paid off in one year?

Dr. Kevin Zadai, Prayer Secrets Level 1, Warrior Notes School of Ministry, lesson 4 :
... "Jesus said that this unbelieving world is not going to accept you, but He said, “Do not fear, for I have overcome the world.” What is it that is bothering you today? You might not think that you have access to the Father, but it has been provided to you. You might think that you cannot just go to the Father and ask Him for something. The first thing you should ask the Father is to open your eyes. Your relationship with God is going to drive out fear. You have to grasp that God is not limiting you. He has never limited you. The Holy Spirit came on the Day of Pentecost and took the ceiling off. You can go as high and as far as you want.

If you would believe, God would give you the ability to completely pay off our national debt. God has a way of paying off our debt in our country. There is a way to do it. God knows that secret. But instead of focusing on our country, what about focusing on your bills? What does the Holy Spirit want to tell you by pulling back a veil that will cause you to be debt-free within the year? That will happen if you believe. The Holy Spirit has so much more for you, but you have limited Him. Because you have limited Him, He can’t speak to you. Because of that, people that are prophetic can’t come to you and confirm what God has said because you won’t hear it.

You can trust God. Relationships that you are having trouble with can be resolved tomorrow morning. If you accept what God is saying, the Spirit of God will enforce a blessing in your life to the point where you will see your family members and friends start to respond. " (Dr. Kevin Zadai, Prayer Secrets Level 1, Warrior Notes School of Ministry, lesson 4 )
Click to expand...

Also.......

a Pastor Rick Joyner had a series of visionary dreams in 1994 or 1995 that had many common elements to a near death experience account.......

and he wrote.......

"The Lord is now preparing courageous leaders who
will be willing to fight a spiritual civil war in order to set men free.
The main issue, as in the American Civil War, will be slavery versus
freedom. The secondary issue, which will be the primary issue for some,
will be money.

Just as the American Civil War at time looked like it would destroy the entire
nation, that which is coming upon the church will sometimes appear as if it will
bring the end of the church. However, just as the United States not only
survived but went on to become the most powerful nation on earth, the same
is going to happen to the church. The church will not be destroyed, but the institutions
and doctrines that have kept men in spiritual slavery will be" (Rick Joyner, The Vision, page 39)
Click to expand...

Moses - Moshe met with YHWH on at least two occasions.......

and meeting with our Creator does tend to bring any of us very close to death itself. Moses wrote:

Genesis 11:
6 And the Lord said, Behold, the people is one, and they have all one language; and this they begin to do: and now nothing will be restrained from them, which they have imagined to do.

7 Go to, let us go down, and there confound their language, that they may not understand one another's speech.

8 So the Lord scattered them abroad from thence upon the face of all the earth: and they left off to build the city.

9 Therefore is the name of it called Babel; because the Lord did there confound the language of all the earth: and from thence did the Lord scatter them abroad upon the face of all the earth.

Thomas Malthus was an Anglican Priest who did have a grasp of the amazing hidden meaning in this verse......

but... Malthus was PESSIMISTIC and could not visualize humanity accomplishing positive things......

such as was shown to near death experiencer and former Atheist Mellen Benedict.........

Thomas Malthus could only imagine the common people having too many children and grandchildren.... and their

over burdening the ability of the land to produce food.........

so......

Malthus wrote Malthusian Catastrophe Theory in 1798..... partly as a method of sticking up for the monarchs and aristocracy of Europe.......

and their methods to keep the common people DIVIDED... and in competition with each other over what they were allowed to produce.

I actually was introduced to Malthus here on Political Forum.....

http://www.politicalforum.com/index...paign-writings-as-art.534297/#post-1069162895

My 2006, 2008, 2016 and 2004 campaign writings as ART.

drluggit said: ↑

You sound like a Malthusian. I suppose that it never occurred to you that "damping" economic output also irrevocably damages people and their livelihoods? But hey, the "environment" is better? Laughable.
Click to expand...

And yes.....

near death experiencer and former Atheist Howard Storm also got me thinking about how humanity could in theory come together......

cooperate....and alter the future in many positive ways.

https://near-death.com/howard-storm-nde/

[Near death experiencer Howard Storm.....]

4. The Future of the U.S. and the World
Because of my fear of a nuclear holocaust I asked if there was going to be a nuclear war in the world, and they said no. That astonished me, and I gave them this extensive explanation of how I had lived under the threat of nuclear war. That was one of the reasons I was who I was. I figured, when I was in this life, that it was all sort of hopeless; the world was going to blow up anyway, and nothing made much sense. In that context I felt I could do what I wanted, since nothing mattered.

They said, “No, there isn’t going to be any nuclear war.”

I asked if they were absolutely sure there wasn’t going to be nuclear war. They reassured me again, and I asked them how they could be so sure.

Their response was: “God loves the world.” They told me that at the most, one or two nuclear weapons might go off accidentally, if they weren’t destroyed, but there wouldn’t be a nuclear war.

I then asked them how come there had been so many wars. They said that they allowed those few to happen, out of all the wars that humanity tried to start. Out of all the wars that humans tried to create, they allowed a few, to bring people to their senses and to stop them.

Science, technology, and other benefits, they told me, had been gifts bestowed on humanity by them – through inspiration. People had literally been led to those discoveries, many of which had later been perverted by humanity to use for its own destruction.

We could do too much damage to the planet. And by the planet, they meant all of God’s creation. Not just the people, but the animals, the trees, the birds, the insects, everything.

They explained to me that their concern was for all the people of the world. They weren’t interested in one group getting ahead of other groups. They want every person to consider every other person greater than their own flesh. They want everyone to love everyone else, completely; more, even, than they love themselves. If someone, someplace else in the world hurts, then we should hurt, we should feel their pain. And we should help them. Our planet has evolved to the point, for the first time in our history, that we have the power to do that. We are globally linked. And we could become one people.

The people that they gave the privilege of leading the world into a better age, blew it. That was us, in the United States.

When I spoke with them about the future, and this might sound like a cop-out on my part, they made clear to me that we have free will.

If we change the way we are, then we can change the future which they showed me. They showed me a view of the future, at the time of my experience, based upon how we in the United States were behaving at that time. It was a future in which a massive worldwide depression would occur. If we were to change our behavior, however, then the future would be different.

Asking them how it would be possible to change the course of many people, I observed that it was difficult, if not impossible, to change anything on Earth. I expressed the opinion that it was a hopeless task to try.

My friends explained, quite clearly, that all it takes to make a change was one person. One person, trying, and then because of that, another person changing for the better. They said that the only way to change the world was to begin with one person. One will become two, which will become three, and so on. That’s the only way to affect a major change.

I inquired as to where the world would be going in an optimistic future one where some of the changes they desired were to take place.

The image of the future that they gave me then, and it was their image, not one that I created, surprised me. My image had previously been sort of like Star Wars, where everything was space age, plastics, and technology.

The future that they showed me was almost no technology at all. What everybody, absolutely everybody, in this euphoric future spent most of their time doing was raising children. The chief concern of people was children, and everybody considered children to be the most precious commodity in the world.
Click to expand...

DennisTate · Sep 2, 2024

FreshAir said: ↑

wages used to rise faster, as did inflation

this of course makes old debt worth less and easier to pay off
Click to expand...

Yes...... from 1938 to 1974 a rather brilliant Bank of Canada policy was being used only a few hundred miles north of Washington, D. C. which.......
....
put pressure on American political leaders to behave at least a little bit like their counterparts here in Canada.

This is why I strongly suspect that the major leaders in European banking........
wanted to convince Prime Minister Pierre E. Trudeau to STOP that
extremely effective Bank of Canada policy from being used in the future........

how else could they cause the national debts of Canada and the USA to spiral seemingly out of control..........
.....

FreshAir said: ↑

wages used to rise faster, as did inflation

this of course makes old debt worth less and easier to pay off
Click to expand...

Yes...... from 1938 to 1974 a rather brilliant Bank of Canada policy was being used only a few hundred miles north of Washington, D. C. which.......
....
put pressure on American political leaders to behave at least a little bit like their counterparts here in Canada.

This is why I strongly suspect that the major leaders in European banking........
wanted to convince Prime Minister Pierre E. Trudeau to STOP that
extremely effective Bank of Canada policy from being used in the future........

how else could they cause the national debts of Canada and the USA to spiral seemingly out of control..........
.....
but... the wealthiest of the wealthy already know how to benefit greatly during an inflationary cycle!

......

I consider this to be one of the most important implications of the following two graphs......

http://www.politicalforum.com/index...ion-dollars-per-month.618227/#post-1074763215

DennisTate said: ↑

After P. M. Pierre E. Trudeau's colossal error here is how the national debt of
Canada spiralled out of control:

My guess is that he was pressured into doing this so that the same thing could be
arranged in the USA:

http://www.politicalforum.com/index...ashington-swamp-from-the-ottawa-swamp.551407/

Can we learn about the Washington Swamp from the Ottawa Swamp?

?
Does the Ottawa Swamp and the Washington Swamp have the common denominator of ELITISM?

NO
2 vote(s)
22.2%

*
YES
6 vote(s)
66.7%

I am not sure but this is an intriguing theory that I may research further?????
1 vote(s)
11.1%

Change Your Vote

And both images can be seen here:

https://www.michaeljournal.org/articles/social-credit/item/the-public-debt-problem?/plenty34.htm
Click to expand...

and.....

Bullseye · Sep 2, 2024

DennisTate said: ↑

Am I a blithering idiot to think that this could work?????

In my opinion.... An Unconditional but Taxable Basic Minimum Income to all forty one million Canadians of merely five hundred dollars per month........

that is put into the economy in essentially the same manner as the Bank of Canada policy of 1938 to 1974 should....... in my opinion...... PAY DOWN THE DEFICIT.......

AND SOON THE NATIONAL DEBT OF CANADA.....

AT THE RATE OF ABOUT TWENTY BILLION DOLLARS PER MONTH!!!!!

This idea is so simple that this may scare you!!!!!

Forty one million Canadian citizens and legal residents......
if they each receive FIVE HUNDRED DOLLARS CANADIAN......

CREATED IN THE MANNER THAT MS. BETTY KRAWCZYK RECOMMENTS......

[in a way that creates essentially zero COMPOUND INTEREST OWING OVER TIME]......

THEN AFTER this money turns over about three times in the economy......

it will be taxed back into the Treasury.......

and will begin to pay down... .first the Deficit and soon The national Debt of Canada??????

Essentially this same idea can work in the USA as well!
Click to expand...

LOL apparently coins aren't the only Loonies in Canada.

DennisTate · Sep 2, 2024

Bullseye said: ↑

LOL apparently coins aren't the only Loonies in Canada.
Click to expand...

Good point Bullseye...... what some near death experiencers have been shown about an astonishingly positive future... would tend to be viewed as insanity by the most educated people of 2024?!

Near death experiencer and former Atheist Mellen Thomas Benedict was shown a 2024 to 2035 version of multiverse.......

that is supposed to be astonishingly positive in terms of how things are about to turn around in many good ways.

[Mellen Thomas Benedict]

9. What Is the Best Religion?
I asked God: “What is the best religion on the planet? Which one is right?” And Godhead said, with great love: “I don’t care.” That was incredible grace.

They come and they go, they change. Buddhism has not been here forever, Catholicism has not been here forever, and they are all about to become more enlightened. More light is coming into all systems now. There is going to be a reformation in spirituality that is going to be just as dramatic as the Protestant Reformation. There will be lots of people fighting about it, one religion against the next, believing that only they are right.

Everyone thinks they own God, the religions and philosophies, especially the religions, because they form big organizations around their philosophy. When Godhead said, “I don’t care,” I immediately understood that it is for us to care about. It is important, because we are the caring beings. It matters to us and that is where it is important. What you have is the energy equation in spirituality. Ultimate Godhead does not care if you are Protestant, Buddhist, or whatever. It is all a blooming facet of the whole. I wish that all religions would realize it and let each other be. It is not the end of each religion, but we are talking about the same God. Live and let live. Each has a different view. And it all adds up to the Big Picture; it is all important.

I went over to the other side during my near-death experience with a lot of fears about toxic waste, nuclear missiles, the population explosion, the rainforest. I came back loving every single problem. I love nuclear waste. I love the mushroom cloud; this is the holiest mandalathat we have manifested to date, as an archetype. It, more than any religion or philosophy on earth, brought us together all of a sudden, to a new level of consciousness. Knowing that maybe we can blow up the planet fifty times, or 500 times, we finally realize that maybe we are all here together now. For a period they had to keep setting off more bombs to get it in to us. Then we started saying, “we do not need this any more.” Now we are actally in a safer world than we have ever been in, and it is going to get safer. So I came back from my near-death experience loving toxic waste, because it brought us together. These things are so big. As Peter Russell might say, these problems are now “soul size.” Do we have soul size answers, YES!

The clearing of the rain forest will slow down, and in fifty years there will be more trees on the planet than in a long time. If you are into ecology, go for it; you are that part of the system that is becoming aware. Go for it with all your might, but do not be depressed. It is part of a larger thing. Earth is in the process of domesticating itself. It is never again going to be as wild a place as it once was. There will be great wild places, reserves where nature thrives. Gardening and reserves will be the thing in the future. Population increase is getting very close to the optimal range of energy to cause a shift in consciousness. That shift in consciousness will change politics, money, energy.

After dying, going through my near-death experience and coming back, I really respect life and death. In our DNA experiments we may have opened the door to a great secret. Soon we will be able to live as long as we want to live in this body. After living 150 years or so, there will be an intuitive soul sense that you will want to change channels. Living forever in one body is not as creative as reincarnation, as transferring energy in this fantastic vortex of energy that we are in. We are actually going to see the wisdom of life and death, and enjoy it.
Click to expand...

Could it be that Trump can inspire the G.O.P. to accomplish something positive over the next eight to ten years??????. Mellen Thomas Benedict's near death experience was in 1982 if I remember correctly....so fifty years from then will be 2032!

DennisTate · Oct 6, 2024

Bullseye said: ↑

LOL apparently coins aren't the only Loonies in Canada.
Click to expand...

Do you think that the following paragraph is a good summary of how the BigMoney people set in motion

a Bear Market just after the death of President Lincoln?

http://www.politicalforum.com/index...he-ottawa-swamp.551407/page-2#post-1075040287

Can we learn about the Washington Swamp from the Ottawa Swamp?

[Mr. Alain Pilote] :

“I have two great enemies, the Southern army in front of me and the bankers in the rear. And of the two, the bankers are my greatest foe.”

Lincoln was re-elected President in 1864, and he made it quite clear that he would attack the power of the bankers, once the war was over. The war ended on April 9, 1865, but Lincoln was assassinated five days later, on April 14. A tremendous restriction of credit followed, organized by the banks: the currency in circulation in the country, which was, in 1866, $1,907 million, representing $50.46 for each American citizen, had been reduced to $605 million in 1876, representing $14.60 per capita. The result: in ten years, 56,446 business failures, representing a loss of $2 billion. And as if this was not enough, the bankers reduced the per capita currency in circulation to $6.67 in 1887!

William Jennings Bryan: “The banks ought to get out” [Alain Pilote, The History of Banking Control in the United States].

Click to expand...

Bullseye · Oct 6, 2024

DennisTate said: ↑

Do you think that the following paragraph is a good summary of how the BigMoney people set in motion

a Bear Market just after the death of President Lincoln?

http://www.politicalforum.com/index...he-ottawa-swamp.551407/page-2#post-1075040287

Can we learn about the Washington Swamp from the Ottawa Swamp?
Click to expand...

President Lincoln? Digging deep are we?

DennisTate · Oct 8, 2024

Bullseye said: ↑

President Lincoln? Digging deep are we?
Click to expand...

Yes..... I could be wrong.... I certainly often am.......

but since I began to study some alternative theories on the economic history of Canada and America... I ran into the idea that the

rather brilliant President Lincoln Greenback Monetary Policy Experiment was noticed by the "Fathers of Confederation" up here in Canada.... and perhaps

the type of monetary policy that was hinted at in the British North America agreement was based on what President Lincoln had accomplished in terms of saving

American taxpayers billions of dollars in interest payments??!

www.BankingSystemFlaws.blogspot.com/

Oh.... I should also admit that this is really not my idea.........

For the record my plan to pay down the federal deficit of Canada by twenty billion Northern Peso's per month... and soon to be paying down the national debt of Canada by twenty billion Canadian dollars monthly.. is not really my plan.... I plageurized this basic idea from Economist Harold Chorney.... Economist John Hotson..... Economist Mario Seccarrecia.... Economist Milton Friedman... and student of Canadian Economic history Ms. Betty Krawczyk!.....

AND BACK IN 1990 I PRAYED AND ASKED FOR WISDOM....... and understanding... because I was very pessimistic about the next decade due to my beliefs regarding Bible prophecy!!!!

http://www.politicalforum.com/index.php?threads/squint-eyed-joe-biden.622063/page-2#post-1075042537

DennisTate · Nov 24, 2024

Wow.... Mr. Pierre Polievre refers to Economist Milton Friedman in this interview....... Wow!!!!!!

@DennisTate643
0 seconds ago
"I so love the way that Mr. Pierre Polievre speaks that I left Mr. Maxime Bernier's PPC and joined Canada's Conservative Party for five years. Maybe once we move to Paris, Ontario I will make it out to a meeting. That will be a first for me.... but.... strangely enough I was rather active at going to Liberal Party meetings in Central - Nova, N. S., Canada."

Canada’s Biggest Problems | Pierre Poilievre | EP 253

3,837,585 views May 16, 2022 The Dr. Jordan B. Peterson Podcast
This conversation was recorded on May 9, 2022. Pierre Poilievre, a life-long conservative, is the current front-runner in the Canadian federal Conservative Party's leadership race, and a contender for the next Prime Minister of Canada. Mr. Poilievre has served as a trusted senior cabinet minister in Prime Minister Stephen Harper’s government and as a Member of Parliament for seven terms. He grew up in Calgary and graduated from the University of Calgary with a degree in International Relations. We discussed his election efforts, Canada’s energy infrastructure and economic policy, as well as Poilievre’s mission to tackle the housing crisis, lower the cost of living, defund Canadian media, and develop Canadian natural resources.
Click to expand...

Is the TATE Plan to save Canada from a Bear Market stupid?

DennisTate said: ↑

In my opinion Mr. Pierre Poilievre is one of the most impressive speakers and thinkers that has been on the Canadian political scene since Prime Minister Stephen Harper who behaved brilliantly at the G-8 in 2011.

I was a member of Mr. Maxime Bernier's party until I decided to leave the PPC and join Mr. Pierre Poilievre's Conservatives..... [largely due to the way that Pierre was brilliantly handling his role in Ottawa].

Canada’s Biggest Problems | Pierre Poilievre | EP 253

Now that I am at the six minute mark in that video I would like to bring up this related idea:

Did going bankrupt in '91 prepare Mr. Trump for the Presidency?

I personally had bleeding ulcers when I was four years old.......

and rheumatoid arthritis when I was fourteen... which is why I also read so many books when I was a kid.

YOU MENTIONED ECONOMIST MILTON FRIEDMAN!

Will Economist Milton Friedman turn over in his grave when he reads my theory that I plagiarized mostly from Economist John Hotson, Economist Harold Chorney... Economist Mario Seccarrecia and student of Canadian economic history Ms. Betty Krawczyk.

My plan to pay off the deficit at the rate of twenty billion dollars per month?

Mr. Pierre Poilievre... am I an idiot to think that this could achieve the goal that Economist Milton Friedman had to get rid of the modern Canadian Welfare State?

Mr. Pierre Poilievre........ would you term me a "journalist?"

If so..... could we ever meet when you are in Paris, Ontario some day?
Click to expand...

He's from Calgary.... Wow......

http://www.politicalforum.com/index...theory-of-m-w-p.548225/page-6#post-1075117424

Proposed Republic of Western Canada and Unified Field Theory of M.W.P.

DennisTate said: ↑

WHEN I begin to promote the idea of an individual tackling the Goliath of Fame......

I have to get them used to the idea of them becoming famous....... and the star of a reality film series.......

that can be combined with a semi- reality science fiction film series set in what could be termed an Alternative Universe.........

YOU..... THE WGABRIE... could remain where you are and yet ask questions on this forum that our your questions in front of perhaps ten percent of my readers in the Canadian province of Alberta........

and five years from now..... I could have tens of thousands of readers in the province of Alberta..... [oh wait...... this discussion already has that many readers]!!!!!!!!????

http://www.politicalforum.com/index...al-party-back-in-2012.623407/#post-1075117414

I tried to rival Mr. Justin Trudeau for the role of National Leader of Liberal Party back in 2012?

My Theology Professor near death experiencer Dr. Kevin Zadai stated in a lecture two to three years ago that he felt he was supposed to meet somebody who instead of meeting Jesus during their near death experience..... they met The Devil.............. that person could be me, DennisTate... because I met a guy who fits the description of "Pan" three times in what might have been an Open Vision..... .or it might have been Astral Projectsion........ or it might have been a near death experience........... whatever it was........... no sensible Theologian could ever claim to have met Pan three times like I did....... unless they were either off the scale STUPID...... or they actually met Pan in an open vision or something like it!!!!!!?????
Click to expand...

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My plan to pay off the deficit at the rate of twenty billion dollars per month?

Will and Unconditional but Taxable Basic Minimum Income pay down the deficit and national debt?

Yes

No

This is a rather intriguing idea I must admit?????? I do hope so????!!!

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