Untouchable - For How Much Longer?

Posted on Thursday, March 30 at 15:08 by johnr

You say:
"The CCPA (Canadian Centre for Policy Alternatives) used to include BoC policies in its alternative budgets but dropped them from more recent alternative budgets because they saw that the federal deficit was now a huge surplus, debt was coming down, and there was lots of room to tax. See Jim Stanford's article in yesterday's Globe. He is one of the architects of the CCPA alternative budget process. I subscribe to CCPA's Monitor and read their material all the time."

This statement, although accurate, amounts to saying that, well, we have a trickle of money where we could have a much better, healthier distribution- but crumbs are better than nothing. Throw the baby out with the bathwater. Also, the fact the debt may come down a bit doesn't address the central problem of education concerning the uses of the BoC-- a problem the CCPA could be addressing. The way you put it, it appears that, as a member, you are satisfied with the reasoning given for dropping it.

Herb says: "CAP insisted the NDP divorce itself from labour..."
Herb, when/where did CAP say that? To my knowledge, that is not so.

Herb says::
"The NDP has passed resolutions about the BoC not unlike the positions taken by CAP but then didn't include them as part of its party platform. I think that the reason for that is that the spin doctors are in charge of their campaign. And to some extent they are correct but then the NDP sounds like the other parties. Nothing new just we will defend health care better than the other guys will. Tax and spend is what the voter hears. I am a member of the NDP and have worked hard to bring more awareness into that party of the role the BoC could play and used to play."

As a member of the NDP, I would think you would find it completely unacceptable that NDP resolutions concerning the BoC -such an important issue- should be dropped without any explanation.

Perhaps you should join CAP. It seems to me that's where your priorities are. Which is it? Your priorities, or that CAP's "too small"? Too small has ALWAYS been the launch for change, throughout history! You know that. Perhaps it is you who are lost in rationalizing the actions of the organizations above, & can no longer see the forest. It BREAKS MY HEART that such vibrant, well-informed, active, effective organizations, who could be doing so much in this area, have backed away (not to mention the Centre for Social Justice or even Linda McQuaig, who also, it appears, won't touch it). Who, here, can't see the forest for the trees?

Education & belief system(s), as you know, are the key. I have always thought so, & that is why I ran as a CAP candidate in the last 2 elections; & why I have made, now, more than a dozen videos to do with various social change issues. You may view info about some of them on the CAP website, or check out my websiteithedreamofcanada.ca (Of particular interest may be my two new top links 'Election 06' and 'Economics').

It is my understanding that these videos have provided an entranceway to education concerning the BoC to several people who have since joined CAP. Calls for these videos were impressive during the election - & that's without any promotion of them or advertising on my part. People DO want to know!! If you want to promote the BoC, why not continue to challenge these organizations to which you belong, why not show the video "The Creation of Money and its Consequence" to some of them, along with a brief presentation? What better teachers could we have than Bill Krehm and the Hon. Paul Hellyer?

Why minimize CAP, to which both these teachers have contributed significantly? The mesage is being lost because others cannot see the forest for the trees. For my money (pardon the pun) CAP's vision is not radical, but historical, as its roots date back to Keyne's social perspective, moves forward through history gathering strength (in my opinion, through THE most important book of the 20th century) Polanyi's "The Great Transformation", evolving, through a Canadian Vision given by Tommy Douglas, to a contemporary, modern, solid progressive CAP, founded by Paul Hellyer, led today by Connie Fogal, offering a policy platform addressing (i) what's happening to Canada; and (ii) what could be done, at least initially, to protect, revitalize, and preserve it.

The organizations you've listed, Herb, for reasons which I do not know, refuse to see or even consider the forest because of their preoccupation with their own trees. The incredibly transformative powers of nation-state central banks for their own citizens remains off the radar, an untouchable subject - even for social progressives. Private for-proft bankers are literally laughing at us all - all the way to the bank.

John Riddell

[Proofreader's note: this article was edited for spelling and typos on April 2, 2006]

Note: the CAP website, thedreamofcanada.ca

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Comments

  1. Fri Mar 31, 2006 6:10 am
    Interesting points John, very informative and many good questions. Why is the topic of the use of the Bank of Canada so taboo for most politicians with the exception of CAP, who across the board speak of it and have it as a major part of the party platform? Granted we all know that until we rid ourselves of NAFTA and elect people who are committed to ensuring Canada remains a sovereign nation by removing us from the Plan for 2010, or Fortress America etc; we will hardly make a dent in regaining control of our monetary supply.

    ---
    If I stand for my country today...will my country be here to stand for me tomorrow?

  2. Fri Mar 31, 2006 5:35 pm
    The biggest laugh is that the money created by the private banks is legally and technically the property of the country, through the government.

    So when various levels of governments borrow from private banks they're borrowing their own money and pay interests on money they already own.

    The only bigger racket going is when our banks create capital to take over the properties of other nations.

    Ed Deak.

  3. Fri Mar 31, 2006 5:53 pm
    excellent insight Ed!!
    now to get the rest of the folks up to speed on this topic and have the full realisation of the implication you just (rightly) voiced
    I do see the reality gaining momentum and am pleased
    Dio

    ---
    Real education must ultimately be limited to men who insist on knowing, the rest is mere sheep-herding.
    Ezra Pound

  4. by Spanky
    Fri Mar 31, 2006 6:05 pm
    Two videos in wmv format (Windows Media Player) which explain the origins and history of fractional banking systems.<br><br> <a href="http://madcowpolitics.com/moneymasters.wmv">The Money Masters Part 1</a><br><br> <a href="http://madcowpolitics.com/moneymasters2.wmv">The Money Masters Part 2</a>

  5. by hoopoe
    Mon Apr 03, 2006 7:00 am
    That's no insight at all. In fact, what he has said here is complete distortion of theories presented by Paul Hellyer for the use of the BofC. Hellyer's ideas concern using the BofC as a means of controlling the money supply and funding government programs and has never said to my knowledge that money created by private banks belongs to anyone but the financial institution given the privilege of creating it.

    Perhaps you're confusing the fact that our currency is backed by the federal government with ownership; I sure don't know where else you would come up with such looney reasoning. You're not doing any good for the promotion of these ideas by giving out such misinformation; you're just unecessarily providing ammunition to those who oppose them. Please, make sure you yourself are informed before you start "informing" people!!!

  6. Mon Apr 03, 2006 7:26 am
    is or is not the B of C under the Auspices of the BIS?


    ---
    Real education must ultimately be limited to men who insist on knowing, the rest is mere sheep-herding.
    Ezra Pound

  7. Mon Apr 03, 2006 1:29 pm
    The Banking system is a part of the problem , but the real problem is that we have the same pigs going to the tax payers well and it is time that ended. Here on the East Coast have formed a citizens group wherebye all of the big business pigs will gave their own site which will list off every tax penny we can find that these governing political parties have shoved into their pockets. Here are two such sites. <br />
    <br />
    <a href="http://hawkeyenews.blogspot.com/">http://hawkeyenews.blogspot.com/</a><br />
    <br />
    <a href="http://clearwaterseafoods.blogspot.com/">http://clearwaterseafoods.blogspot.com/</a><br />
    <br />
    The real <br />
    Wayne Coady <br />
    and yes my computer was hacked, while I was away.Someone tried to use credit information and my daughters ID ... <p>---<br>Good government is not a party government

  8. Mon Apr 03, 2006 4:29 pm
    "...and yes my computer was hacked,..."
    and the odd thing was hardly anybody noticed!
    the person "got" your style to a tee
    Don't vote , eh!

    ---
    Real education must ultimately be limited to men who insist on knowing, the rest is mere sheep-herding.
    Ezra Pound

  9. Mon Apr 03, 2006 4:41 pm
    Good to see you back, Wayne.


    ---
    "I think it's important to always carry enough technology to restart civilization, should it be necessary." Mark Tilden

  10. Mon Apr 03, 2006 7:20 pm
    Thank You... I hope I can regain any creditability that I MIGHT have HAD before I went away. I was quited supprise to learn my computer was hacked. Learned a big lesson.

    ---
    Good government is not a party government

  11. Mon Apr 03, 2006 10:33 pm
    No biggie. You can see 'him' in action here:<br />
    <br />
    <a href="http://www.vivelecanada.ca/comment.php?mode=view&pid=48988&sid=20060219021234846&type=article&cid=48988">http://www.vivelecanada.ca/comment.php?mode=view&pid=48988&sid=20060219021234846&type=article&cid=48988</a><br />
    <p>---<br>"I think it's important to always carry enough technology to restart civilization, should it be necessary." Mark Tilden<br />

  12. Tue Apr 04, 2006 1:44 am
    anybody here (on vive) concerned enough to warn you or your family?

    ---
    Real education must ultimately be limited to men who insist on knowing, the rest is mere sheep-herding.
    Ezra Pound



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