Monday, 2 February 2015

Still Report 356 - Good News From Canada

Another story that you won't hear about on the mainstream media, by design.

A small team has won a suit and consequent court appeal made against them by the Canadian government.
The team had sought a ruling that the Bank of Canada (owned by the People of Canada, unlike the Federal Reserve and the Bank of England etc)) should return to its original mandate, that of issuing debt-free money which it hasn't done since 1974, having replaced the issue of debt-free money with the issue of bonds bought mainly by private banks, so that the Government could borrow money instead.
The government appealed and lost!! It now has 60 days to take the decision to the Supreme Court, which may not happen.

This could be a very interesting development, as it could spread worldwide, given enough publicity.

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