UPDATE: the final appeal of the lower court decisions against the plaintiff was to the Supreme Court of Canada. The SCC declined to hear the appeal. The lower court decisions stand. Thank-you to John Monroe (Comments) for pointing this out.
February 5, 2015 by Joe Martino.
Recently, constitutional lawyer Rocco Galati won yet another round of appeals set forth by the Bank of Canada in a case involving two Canadians who filed an action in federal court to restore The Bank of Canada to its original purpose and operations. This is a very significant story but you probably haven’t heard of it. Why? The mainstream media and government have blacked out the story for reasons that appear to stem from fear of how the public will react to realizing they’ve been systematically enslaved for decades.
Significant Legal Action
The initial federal court filing took place on December 12th, 2011 by Canadian constitutional lawyer, Rocco Galati, on behalf of Canadians William Krehm, Ann Emmett, and COMER (Committee for Monetary and Economic Reform). The filing is intended to “restore the use of the Bank of Canada to its original purpose, by exercising its public statutory duty and responsibility. That purpose includes making interest free loans to the municipal/provincial/federal governments for “human capital” expenditures (education health, other social services) and / or infrastructure expenditures.”
According to WestCoastNativeNews:
The Plaintiffs state that since 1974 there has been a gradual but sure slide into the reality that the Bank of Canada and Canada’s monetary and financial policy are dictated by private foreign banks and financial interests contrary to the Bank of Canada Act.
The plaintiffs state that the defendants (officials) are unwittingly and/or wittingly, in varying degrees, knowledge and intent engaged in a conspiracy, along with the Bank of International Settlements (BIS), Financial Stability Forum (FSF), International Monetary Fund (IMF) to render impotent the Bank of Canada Act as well as Canadian sovereignty over financial, monetary, and socio-economic policy, and bypass the sovereign rule of Canada through its parliament by means of the banking and financial systems. http://www.pacificfreepress.com/news/1/10573-confronting-global-finance-in-canadas-courts.html
The truth is, The Bank of Canada used to issue debt free loans to the government, which meant that the nation would go into debt to private banking institutions. When that changed, private bankers/corporations essentially gained control and ownership of the country.
Media Black Out
As stated by constitutional lawyer Rocco Galati in the video below, sources have indicated to him that the government will often instruct the mainstream media, when it comes to certain stories, as to whether or not they can cover the story or how they should go about covering it. This means that government can effectively control the media and hide information from the public whenever it likes, unless it trickles through alternative news sources like what you are reading right now.
Why This Is Important
Although not the ultimate solution to the world’s challenges, this is significant because it shows how serious the public is getting about wanting to change the way our current system operates. It also indicates a clear shift in public knowledge about how our system and infrastructures work. The more the people know, the more they seem to be demanding change.
This begs the questions: why is this information being kept quiet? How has it been hidden for such a long time? Why would our governments be making decisions about things that greatly affect the average person without them having any vote, knowledge, or choice in the matter?
In my view, it goes back to the fact that there are leaders in our world, beyond government, who are systematically manipulating various systems and structures in across the globe to control the population. Once viewed as wild conspiracy theories, this understanding is becoming not only self-evident, but publicly accepted knowledge as well. This latest case helps to illustrate how these ‘elite leaders’ are intentionally making moves that are not beneficial for the people whatsoever.
The bottom line is, we are seeing a positive shift in awareness and consciousness as people begin thinking about and seeing our world differently. This is fuelling action that I believe will lead towards a freer and better world.
Latest Update
Check out the video below for the latest update on recent appeals that are now heading to the supreme court for further ruling.
He didn’t win, he lost all five times a court ruled on the federal motion to throw out the claim. All he won was the right to rewrite the claim and try again.
Most of his claims were false. Nothing in the Bank of Canada Act requires the Bank of Canada to lend to the government. Whether and how much it lends is a policy matter.
Thank-you for bringing this to attention, John.
I had corrected the title in the Bankster Index by inserting “NOT”! in the title. The outcome of the appeal process is also apparent in the Index. I was wrong in my assumption that this posting itself would no longer be used. You somehow landed on it!
Today, in response to your input, the posting has been corrected. And there’s an update at the top of the posting to reflect the eventual outcome of the appeal process. Further details can be found by clicking on the Index at upper right.
I have a strong bias in favour of Bank of Canada funding of public works:
A few examples that stick in my craw, of what happened in Canada after Bank of Canada funding was stopped; the same things happened in third world countries, and in the U.S. (documented through the Index):
1. Halifax-Dartmouth cross-harbour bridges. The second bridge was opened in 1970. Money was raised through international money markets. Profits for the funders are built in, and it’s risk-free lending. By 1994, we owed TRIPLE what the construction costs for BOTH bridges had been.
2. 2007-08 Wall Street fraud and bail-outs of financial institutions. In my younger days, people were prosecuted and jailed for the same offences. Under today’s corporate globalization the fraudsters operate outside and above the Laws.
Canadians bailed out our banks, $108 to $114 billion between Sept 2008 and July 2010. I don’t know how accurate the figures can ever be – – the number will depend on what costs are included and excluded. If the quoted number is not correct, then what is it?
Canadians are scarcely aware they provided ANY bail-out money. The spin was about the superiority of our banking system, we didn’t suffer the collapses and losses experienced in other countries. The bail-outs of Canadian banks is not mentioned, nor that “Canadian” banks are not really “Canadian”, just as there is nothing “Canadian” about CNR any longer.
3. By 2017 the “Canada Infrastructure Bank” was under launch by the Federal Government. Canadians to purchase $180 billion of infrastructure over 12 years. ($180 with 9 zeroes.) That’s from a government website: http://www.infrastructure.gc.ca/plan/about-invest-apropos-eng.html.
This is funding for a joint “public-private-partnership”. When Big Government works hand-in-glove with Big Business you get corruption. There was loud outrage. Today, the CIB may have been “re-branded” – – but under whatever moniker, it Entrenches the Corruption.