Why Glass-Steagall? Why can't we have "universal banks" which offer all manner of investments, insurance, loans, checking accounts, other payment services, and savings plans all under one roof, or under one board of directors?
Because, the bank doesn't own its deposits. Unlike a department store, where everything on the shelf is owned and paid for by the company that runs the store, deposits are owned and paid for by the depositors! So, to give the bank license to use those deposits in...
Elections 2013 - Still Playing Charades, but did BC expect more?
Written by Paul Glumaz
Tuesday, 28 May 2013 09:21
THE SIGNIFICANCE OF THE RECENT BRITISH COLUMBIA PROVINCIAL ELECTIONS: THE NEW DEMOCRATIC PARTY’S OBAMA LIKE CAMPAIGN STRATEGY FALLS FLAT IN A CHANGED POLITICAL TERRAIN.
A big surprise occurred this May in the British Columbia Provincial elections. The scandal ridden, totally discredited Liberal Party defeated the expected landslide of the “new hope and change” party, the NDP. Something not explainable in the political hack world of consultants and media has taken place...
Urgent - Mobilization for Glass-Steagall needs your help!
Written by Administrator
Tuesday, 07 May 2013 23:48
How It Works
Since 1999, banks have been allowed to use commercial deposits and assets as fuel for securities trading on the derivatives market.
Because commercial and speculative assets are so heavily comingled, the government is forced to protect the assets of banks making risky bets through near perpetual bailouts and purchasing of toxic debt.
It was the derivatives bubble that blew up the system and bankrupted the US banks in the 2007-2008 crash.
The CBC is in crisis. Canadians deserve to know why
Written by Administrator
Sunday, 05 May 2013 12:23
What does Kirstine Stewart know about the future of the CBC that the rest of us don’t?
Why does anyone leave a job as the most powerful and influential media executive in the country to sell ads for Twitter Canada? And why leave immediately, without prior notice?
Ms. Stewart has spent seven years as a senior executive at the CBC, hired by the much-maligned Richard Stursberg to head up CBC television. She wound up replacing her boss as vice-president of all English language...
Civil Liberties and Human Rights Groups United in Opposition to Bill S-7 (Combating Terrorism Act)
Written by Administrator
Tuesday, 23 April 2013 06:24
November 28, 2012
(Ottawa) – The British Columbia Civil Liberties Association (BCCLA), the Canadian Council on American-Islamic Relations (CAIR-CAN), the Canadian Civil Liberties Association (CCLA), the International Civil Liberties Monitoring Group (ICLMG), the Canadian Association of University Teachers (CAUT) and La Ligue des droits et libertés are united in their opposition to the reintroduction of controversial security provisions into the Criminal Code of Canada. All are in...
Death of John "Splitting the Sky" Boncore is a great loss to the Truth Movement
Written by Administrator
Sunday, 17 March 2013 16:11
John BoncoreMARCH 16, 2013
BY MIKE YOUDS DAILY NEWS STAFF REPORTER
His native name was Dacajeweiah, or Splitting the Sky, a name that John Boncore took to heart through a lifetime of political activism.
A Chase resident, Boncore, 61, was found dead on Wednesday on a path on the Adams Lake Indian Reserve near his home. He is believed to have fallen on cement steps and may have suffered a blow to the head.
Chase RCMP handed over the sudden-death investigation to coroner Terry...
FEAR CAN MAKE YOU CLING TO THE STRANGEST THINGS: Why a common enemy has created a new one...The British Columbia Dilemma for May 2013
What the Public Needs to Know about the NDP: Nothing more than Lollipop Politics
What do lollipops have to do with Politics you say? Well, lollipops are a sugary treat given to children, that are similar to giving an early adolescent a soother. Crying, whining children get soothers to shut them up and shut...
Armed rebels clash with Syrian government forces in the center of Syria's restive northern city of Aleppo. (File photo) Last week, the NATO powers launched their long-awaited summer offensive against Syria. This was a multi-pronged effort designed not just to overthrow the government of President Assad, but also to totally disintegrate the existing structures of the Syrian state, dissolving the entire country into chaos, confusion, secession, attempted coups d’état, and a likely...
Nuclear Armageddon if WWIII Starts: Lyndon LaRouche Reports on Alex Jones' Show
Written by Administrator
Saturday, 11 February 2012 10:08
On the Friday edition of the Alex Jones Show, Alex talks with economist Lyndon LaRouche about the war brewing in the Middle East and the dismal state of the economy.
In a move to overcome the Russia-US deadlock over the missile defense, Moscow has reportedly come up with a new initiative: a global system to guard against missiles – as well as asteroids and other threats from space.
Everything that's wrong about politics: latest SOPA and PROTECT-IP outrage
Written by Administrator
Wednesday, 04 January 2012 21:32
By David Gewirtz | December 12, 2011, 5:00am PST
Summary: It’s an honor to work for the American people, not a stepping stone to a bigger score.
“Okay, okay. Breathe. Breathe in, breathe out. Do. Not. Roar at the top of your lungs. Settle down.”
I needed to tell myself that for a good few minutes before I could begin to write this article. To say that I’m outraged is an understatement. When I tell you about what’s got me so ticked off, you’re going to be livid...
The "Liberation" of Libya: NATO Special Forces and Al Qaeda Join Hands: "Former Terrorists" Join the "Pro-democracy" Bandwagon
Written by Michel Chossudovsky
Monday, 05 September 2011 05:52
Extensive war crimes have been committed. NATO has blood on its hands. The heads of government and heads of state of NATO member countries are responsible for extensive war crimes
The "pro-democracy" rebels are led by Al Qaeda paramilitary brigades under the supervision of NATO Special Forces. The "Liberation" of Tripoli was carried out by "former" members of the Libya Islamic Fighting Group (LIFG).
The jihadists and NATO work hand in glove. These "former" Al Qaeda affiliated brigades...
NATO Leaders Guilty Under US Code of Providing Material Support to Terrorists
Written by Administrator
Monday, 05 September 2011 05:37
Libyan Rebels Listed by US State Department as Terrorists
Tony Cartalucci Infowars.com Saturday, September 3, 2011
“Whoever knowingly provides material support or resources to a foreign terrorist organization, or attempts or conspires to do so, shall be fined under this title or imprisoned not more than 15 years, or both, and, if the death of any person results, shall be imprisoned for any term of years or for life. To violate this paragraph, a person must have knowledge that the...
Libyan War reveals psychedelic dusk of pax Americana
Written by Zainab Cheema
Sunday, 04 September 2011 10:28
By Zainab Cheema
In the grand old days of colonialism, European nations used all sorts of elaborate excuses for occupying the fabulously wealthy territories of Africa and Asia. Rudyard Kipling called it the “white man’s burden” to transmit (European) culture and civilization to the unwashed natives. If the trains and other instruments of progress happened to cart all their resources to the northern hemisphere, well, that was an unfortunate side-effect of entering modern history.
One Third of Libya Turns Out to Support Qaddafi in World’s Largest March Ever
Written by Administrator
Saturday, 03 September 2011 11:43
1.7 million people, or around 95% of the population of Tripoli, one third of the entire population of Libya, have turned out in perhaps the largest demonstration ever in world history last Friday, to demand an end to the NATO bombings of Libya. Photos: Mohanned Magam
LIBYA: HUMANITARIAN AID THROUGH THE BARREL OF A GUN
Written by Nile Bowie
Monday, 22 August 2011 11:26
By Nile Bowie
We live in diverging realties of parallel sequences unfolding. As I write this we enter the fifth month of conflict in Libya, a conflict that the International Community and the UN Security Council deemed priority enough to take armed action against. It is their actions that have completely misled the populations of those countries who fund such operations with their tax dollars and the Libyan people themselves.
SOMALIA: FAMINE FOR PROFIT AND THE EAST AFRICAN FOOD CRISIS
Written by Nile Bowie
Monday, 22 August 2011 09:52
Written by Nile BowiePhotographed by James Nachtwey Few parts of the world aptly fit the description of hell better than Somalia’s crumbling capital city, Mogadishu; a nation ravaged by imperialism, domestic instability and economic sabotage from foreign forces. Parades of malnourished Africans queuing up to receive rations are trumpeted in thirty second news pieces on most mainstream media outlets, of which offer embarrassingly insubstantial examples of journalism with little...
The Riots in Britain Could Foreshadow What Happens in the U.S.
Written by Administrator
Monday, 15 August 2011 10:50
By Timothy Gatto (about the author)
opednews.com
The British government has charged that the riots are being caused by an increase in "criminality". This is patently ridiculous. What is the difference in London or Manchester now than last year? If these riots are presumed to be the act of "criminals", then what triggered these "criminals" to riot? If "criminality" is the reason why people are on the streets destroying neighborhoods and looting shops, why is it happening all over the...
Best arguments against the violently racist state of Israel.
Written by Administrator
Wednesday, 27 July 2011 15:15
From Dave Kersting on Facebook
--- The kernel of the anti-racist argument, as it applies to Israel-Palestine, is brutally simple. An expressly "Jewish" state forced into a multi-ethnic region is, itself, violent criminal racism as plain as it canever get. End of argument. The appearance of a complex argument - or any argument at all - is THE Zionist trick, and it must be dismissed, just as any dodges would be dismissed regarding any other case of openly-declared racist violence. The solution...
Getting Used to Life Without Food, Part 1 William Engdahl
Wall Street, BP, Bio-Ethanol and the Death of Millions
My late grandfather, a man of sturdy Norwegian-American farm stock, who later became a newspaper editor and political activist during the First World War, used to say, 'A man can get used to pretty much anything with time, except dying...and even that with some practice.' Well, as fate has it, it seems we, the vast majority of the human race, are about to test that adage in...
Canadian Citizen Tortured in Bahrain… But Harper Government Keeps Silent
Written by Administrator
Monday, 18 July 2011 22:12
A young Canadian man suffering from a serious heart condition has been abducted and tortured by the Bahraini regime ¬– yet the government of Prime Minister Stephen Harper has maintained a steadfast silence over his plight.
