Canadians Win Another Round Against the Bank of Canada

“The COMER case in Canada is very significant…Absolutely. This (Canadian model) could catch on with other banks around the world…There are lots of nations looking at this right now.”

Bill Still, Economist
Press for Truth with Dan Dicks
Suing the Bank — What’s Next for the Canadian Money Masters? (video)
Published February 12, 2015


by Jane Gaffin

Every Canadian has a vested interest in COMER (Committee on Monetary and Economic Reform) v the Bank of Canada.

Yet the so-called mainstream media has not mentioned the Federal Court decision of January 26, 2015 that is a ‘good news’ story for all Canadians who are the rightful owners of the Bank of Canada, which is a unique and enviable position in the world where all other central banks are privately-owned.

The judgement delivered from the bench in Toronto was an historic, landmark decision which makes it even more puzzling why Toronto-based constitutional lawyer Rocco Galati, who normally receives wall-to-wall publicity on his constitutional challenges, received no ink or airtime on this particular case.

YouthVoteCanada picked up the slack and produced a video titled A Conversation w/Constitutional Lawyer Rocco Galati who graciously explained the success of the Bank of Canada lawsuit immediately following the ruling.

The upper court upheld the lower court’s decision from April 24, 2014. Yes, there were dismissals of this and dismissals of that and one thing and another. As is normal procedure, the Crown wanted the case dumped as “frivolous”.

However, the Motion was not struck down, which renders this a ‘win’, and the Bank of Canada has 60 days to appeal to the Supreme Court of Canada. It is not anticipated that the government will choose to exercise that option but that remains to be seen.

The case is still on the books and is still moving forward as it has since the initial filing on December 12, 2011 when Rocco Galati launched a case on behalf of plaintiffs William Krehm, Ann Emmett and COMER in the federal court against the Queen of England, Minister of Finance, Minister of National Revenue, the Bank of Canada and the Attorney General of Canada.

As per the recent decision, plaintiffs Krehm, Emmett and COMER (Committee on Monetary and Economic Reform) have 60 days from January 26 to refile an Amended Statement of Claim, then presumably advance to trial for a couple more years of legal proceedings.

The Bank of Canada was nationalized in 1938 to bring Canada out of the Great Depression by injecting debt-free money into infrastructure projects: airports, subway systems, highways, St. Lawrence Seaway, Canadian Health Care System, Canadian Pension System as well as the Trans Canada Highway and setting up hospitals, schools, universities and offering affordable means for students to earn their diplomas without drowning in lifetime debts.

The Bank of Canada made interest-free loans to the municipal, provincial and federal governments, a provision still mandated under the Bank of Canada Act.

The Bank of Canada used to be a government lending institution, creating near interest-free loans that built much of Canada’s infrastructure during the 1950s and 1960s.

Things changed in 1974. At the Bank of International Settlements in Basel, Switzerland, which doesn’t appear to have settled a transaction since then, former Prime Minister Pierre Trudeau, under influence of fellow Bilderberg attendees, allowed for the function of the Bank of Canada to be dismantled.

Since then, Canada has lost sovereign control over its monetary policies and money supply. Every Canadian has been saddled with government debt at all levels that has risen exponentially over the last 40 years.

This case before the courts revolves around that stifling of the Bank of Canada’s mandate to create money for the public good.

As lifted from Press for Truth, September 10, 2012 (because my computer couldn’t read the fuzzy pdf version), “The Plaintiffs state that the Bank of International Settlements (BIS), the Financial Stability Forum (FSF) and the International Monetary Fund (IMF) [a special agency of the United Nations] were all created with the cognizant intent of keeping poorer nations in their place which has now expanded to all nations in that these financial institutions largely succeed in overriding governments and constitutional orders in countries such as Canada over which they exert financial control.”

Further, the Plaintiffs state that the meetings of the Bank of International Settlements and Financial Stability Board (FSB) (successor of FSF), their minutes, their discussions and deliberations are secret and not available nor accountable to Parliament, the executive, nor the Canadian public, notwithstanding that the Bank of Canada policies directly emanate from these meetings.

“These organizations are essentially private, foreign entities controlling Canada’s banking system and socio-economic policies,” they charged.

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 BIS, FSB, 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 banking and financial systems.

Constitutional lawyer Galati reminded that when initially enacted in 1937-38, the Bank could directly provide interest-free loans to the federal, provincial and municipalities for infrastructure and human capital expenditures so long as it didn’t exceed one-third the annual budget and as long as it was repaid within the next fiscal year which governments had no problem doing because no interest was attached to the loans.

“That practice stopped in 1974 when the Bank of Canada joined the gang of bankers over in Europe,” noted Galati.

“The only difference between our Bank and the other banks is our Bank is a public Bank. It is the only Bank that is a public bank in the GA [United Nations General Assembly] countries. The other banks are private banks, including the Federal Reserve in the States. Most people don’t realize that.

“If the Bank of Canada can give (money) to the commercial banks at one quarter of one percent they should be able to give money to the government at least at one quarter of one percent — or zero percent — as the Bank of Canada is mandated to do.”

He added that this legal claim has a lot of basis. “It’s grounded in law. If we get a dishonest judge, she or he will strike parts or all of it. We’ll appeal it. But there’s nothing in this statement of claim that we want the government to fess up to that’s not grounded in solid, legal argument.”

With regards to motions, Galati stated, if the [Bank of Canada] loses on this one they have to file their substantive defense.

They can’t put in the Statement of Defense ‘there’s no reasonable cause of action’. They’ve spent that fuel, he said.

They have to actually justify why they haven’t been giving interest-free loans to the government. They have to justify why the Minutes of these Meetings in Zurich are kept secret. They have to justify why the Minister of Justice is not tabling the true figures of revenue coming in. They have to justify this in law.

“There’s no such thing as a failure when you bring a matter to the courts that’s ripe for adjudication. The failure is in not bringing it forward and raising the issue,” he concluded.



The United Nations and Helpers Aim to Destroy Christianity

by Jane Gaffin

A 100-foot-tall statue of Christ the Redeemer, his inviting arms opened 92-feet wide, has kept a kindly presence over his flock from atop Corcovado Mountain since the famous Rio de Janeiro landmark’s official lighting ceremony of October 12, 1931.

Somehow, supposedly tampering with the illuminating rods, the icon that reverently symbolizes Brazilian Christianity ended up flooded with garish green lights during the United Nations (UN) 10-day Rio+20  jabberwocky in late June, 2012.

One would think that when ill-mannered Marxist brats are guests in someone else’s house they could at least refrain from trashing sacred art objects.

As noted by esteemed writer Alex Newman of New American, shortly before the conference’s official opening, green legend James Lovelock — the “scientist” and environmental guru who initially introduced the whole UN “Gaia” concept to be worshipped as a one-world religious symbol — warned that the “green religion” was going to sink Christianity.

Understandably, UN critics and many Christians were outraged.

Shedding light on the matter, Newman expounded in The Real Agenda Behind UN “Sustainability” Unmasked that “Lord Christopher Monckton, a policy advisor to former U.K. Prime Minister Margaret Thatcher and one of the most well-known opponents of the UN’s supposed environmental agenda, called it (the green stunt) ‘a kind of childish message that the environmental religion is now replacing Christianity,’ ”

More powerful men than James Lovelock and Simon Fish, vice president of Toronto-based BMO Financial Group, have tried unsuccessfully to wipe out Christianity for 2,000 years.

Throughout various pockets of history, Christianity has been pushed underground, even as recently as Hitler’s Nazi Germany, Stalin’s Soviet Union and Mao’s “Let a Hundred Flowers Bloom” Campaign that flushed out dissidents opposed to party ideology. The clergy was either executed or banished to hard-labour camps where many died.

But Christianity didn’t die. The spirit of God lives within people’s souls and cannot be killed.

Presently, in China, Christianity is booming, propelling the country toward becoming the world’s largest Christian nation.

A groundswell of multimillions of Protestants/Catholics/Unknowns out of a possible 1.3 billion population have the momentum going to scare the pants off members of the Communist Party who seem to realize the futility in trying to wipe out Christianity by simply toppling man-made crosses from steeples and razing stone-and-mortar buildings.

Brave Chinese Christians simply put everything back in place and wait to be arrested or for the next demolition crew to show up. So far, the only imaginative crackdown remedy President Xi could conjure up is the threat to “nationalize” the surging religion to bring Chinese Christianity into compliance with the “party line”.

Concurrently, Xi’s neighbour, Russian President Vladimir Putin seems to be cultivating Christianity into his country’s prime religion.

While Christianity gains popularity in Communist-based countries, Canada is hell bent on dumping Christianity.

That fact did not escape President Putin: “We see that many Euro-Atlantic (the Western) States have taken the way where they deny or reject their own roots, including their Christian roots which form the basis of Western civilisation.”

Canada is “following politically-correct orders” from the United Nations, the international organization that has to destroy Christianity and the Bible to eliminate the supreme, God-based constitutions governing legitimate governments of the Western World that clash with the United Nations Charter.

Under the U.S. Department of Homeland Security, an obscure Army manual cites the Christian Bible as one item that can find a person categorized as “terrorist”, “racist” or “mentally ill”. If not murdered for the transgression, the “sinner” will be forever institutionalized as a certifiable nut case.

Therefore, Christianity has to be eradicated to easily sell the masses on the ideology that national constitutions and their Bill of Rights are outmoded folly. In the Western civilization, people’s liberties and freedoms are protected as natural, God-given, inalienable rights, rooted firmly in British Common Law, Bill of Rights of 1689 and the Magna Carta of 1215, which has withstood the test of time for 800 years this June 15th.

However, through brainwashing and the gradual erosion of morality, integrity and spirituality the Marxists intend to break the back of freedom-loving countries. Carrying out the job for the United Nations are innumerable political puppets, the willing types referred to by Russian revolutionist Vladimir Lenin as “useful idiots”.

Alex Newman explains the double-dealing that goes on in the UN underbelly in his December 31, 2014 New American piece, UN Seeks to Criminalize Free Speech:

“Even the whole UN notion of ‘human rights’ should be viewed for what it is: a tool of tyrants to attack the real rights that have underpinned Western traditions since the Magna Carta.

“Indeed, unbeknownst to average Americans and humanity as a whole, the UN means something very different when it discusses ‘human rights’ than, say, the unalienable, God-given rights enshrined in the U.S. Constitution.

“In the American system, rights such as self-defense, free speech, religious liberty, trial by jury, privacy, and property ownership are endowed by the Creator upon every individual — a truth that America’s Founding Fathers viewed as “self-evident.”

Everyone — Christian or not — has a huge stake in Christianity, declared the sage columnist Dr. Paul Craig Roberts in his powerful Christmas: The Greatest Gift for All message “Whether or not we are individually believers in Christ, we are beneficiaries of the moral doctrine…”

The latest Antichrist travesty has come from the Canadian banks, owned by Canadians, the majority Christian Canadians.

I’m doing my darndest to separate the Bank of Montreal, where I’ve done business for 48 years, dating back to when banks acted like banks, from the BMO Financial Group.

Bank lawyer, Simon Fish, seems to feel there’s nothing that quite needs reforming so much as other people’s habits and beliefs. He is trying to blackmail Christians into changing their conduct code, otherwise the banks and some 70 plus Canadian corporations will see that those people are ban from finding employment anywhere in Canada, starting with professionals such as lawyers, physicians, teachers and trickling down the list to tradesmen, labourers and service workers.

The burr under Fish’s saddle started with the private, 4,000-student Trinity Western University (TWU) at Langley, British Columbia, where students practice morality and good character in their daily lives.

The faculty and students believe strongly that marriage is between a man and a woman and are committed to family values. They shun Marxist ideology of “free love” and promiscuous sex.

Fish, who probably received his marching orders from the CEO and Board, attached his signature to a March 26, 2014 letter advising the Law Society of Upper Canada to not grant accreditation to lawyers degreed at Trinity Western University.

The law societies of Nova Scotia and British Columbia, in a backflip, came onside. To date, law societies in all other Canadian jurisdictions are granting membership to TWU law graduates, but not for long if the intolerant Canadian banks get their way.

University of Ottawa-degreed lawyer Albertos Polizogopoulos, who holds to Christian beliefs, outlined in his January 9, 2015 article Christian Lawyers and Doctors Need Not Apply:

“TWU, which exists to ‘develop godly Christian leaders’ in a variety of marketplaces, requires its students and staff to sign a Community Covenant.

“This pledge, based on religious beliefs, to abstain from certain activities and behaviours during their time at TWU, includes the use of alcohol on campus, viewing pornography, and ‘sexual intimacy that violates the sacredness of marriage between a man and a woman.’

“…a concerted effort to block TWU’s law school was engaged by lawyers’ professional associations deciding to disapprove of its graduates.

“The Nova Scotia Barristers’ Society, the (Ontario) Law Society of Upper Canada and the Law Society of British Columbia each decided to refuse admission to TWU graduates to the practice of law because of TWU’s adherence to the biblical view of marriage.

“To do so, these law societies chose to disregard the Supreme Court of Canada’s 2001 decision, which ruled that a professional body could not refuse to accredit students from a TWU program because of TWU’s Community Covenant.”

In rendering the 2001 decision, Canada’s top court cited a raftload of passages from the Charter of Rights and Freedoms.

Further, to be brought to the attention of BMO Financial Group and its supporters, is the Mobility Rights 6(2)(b), which was not at issue in Trinity Western University v. British Columbia College of Teachers, [2001] 1 S.C.R. 772, 2001 SCC 31.

“Every citizen of Canada and every person who has the status of a permanent resident of Canada has the right to pursue the gaining of a livelihood in any province.”

These politically-correct witchhunters, an extreme madman practice I thought went out of fashion in Salem in 1693, need to view remarks posted by TWU graduates and others in response to certain articles, specifically the Vancouver Sun’s Proposed Christian Law School at Trinity Western Under Fire Because of University’s Anti-Gay Rules.

Respondents varied in skin colouring; admitted homosexuality; or spoke of following non-Christian religious persuasions. The common denominator, however, was their enjoying and appreciating their time on TWU’s campus.

So what’s the problem? What’s wrong with aspiring to be a good person?

TWU does not reject applicants as long as they adhere to house rules like the ones by which offsprings must abide as long as they live under their parents’ roof. If the applicants don’t like the rules, they are free to enroll at any of Canada’s public law schools.

Why are the bloodthirsty Marxist busybodies whipping up a frenzy to protect students from discrimination who don’t seem to be suffering discrimination? Students posting comments did not sound like they needed or wanted outside interference.

The next time a customer service rep coos sweetly at me, “I see from your account that you don’t have a BMO Mastercard, and they’re so-o-o handy”, I have a souvenir to hand to the rep to read and share with bank colleagues.

It’s a three-pager, penned by long-time BMO customer Lou Iacobelli of Toronto, headed “Why I Will Be Cancelling My BMO Mastercard”. It spells out the sordid mess that is not a BMO Financial Group banking matter, but starkly defines a discriminatory policy that smacks of Christian bigotry.

Whereas corporations have the right to make whatever internal policies they want, I have the option to obtain a credit card from a source not connected to any of the five major Canadian banks.

The central Bank of Canada has a mandate to hold Canadians’ money in Trust, keeping it safe and secure, which is what renders the Canadian banking system the envy of the world.

My gold-plated suggestion is that the banks bow out of meddling in matters of sexuality, ethnicity and religion and get back to tending to the business of banking, thus ensuring that debts incurred gambling on the derivatives, currency and mortgage markets can be covered without having to rob middle-class depositors’ accounts and pension funds to cover losses when the bubbles pop.

Goodness is the only investment that will never fail you.

Practice it, BMO!


Canadian Banks: They Are Now Legalized Bandidos

by Jane Gaffin

Government documents are masterminded by professional con-artist word jockeys who intentionally frustrate the general public’s comprehension with Orwellian Doublespeak.

I faced this dilemma when trying to make sense out of the rosy-sounding “Jobs, Growth and Long-Term Prosperity, an Economic Action Plan 2013” that Finance Minister Jim Flaherty tabled in the House of Commons on March 21.

The 433 pages of verbiage calls for implementing a comprehensive risk management framework for Canada’s systemically important banks in the “unlikely” event that “one of” the banks “becomes non-viable”.

I would have simplified the last part to read: “…in the ‘given’ event that the banks ‘crash’”, which is evidently the expected outcome.

The signs are hovering all around Canada as banks of the Western World grapple with financial disasters. After the bankruptcies, the six big U.S. central banks that created the shambles step over the rubble with a “Hi, we’re here to bail you out”.

Only the Economic Action Plan doesn’t mention the passé term “bail out”. Instead, it discusses “bail in”, the current bureaucratic cover-up for robbing customer accounts!

“The Government proposes to implement a ‘bail-in’ regime for systemically important banks…This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a ‘bail-in’ regime in Canada.”

What’s the difference between “account holders” and “taxpayers”? Not much, except the government can extort bank accounts faster than it can taxes.

As the “legal right” for banks to burglarize customers’ deposits becomes standard practice in the Western World, the institutions don’t bother any more to cloak their chutzpah with lame excuses about inflation, unpaid debts, bad business decisions and international investment bungles.

Dollar Vigilante financial analyst Jeff Berwick’s interpretation is that: “…this government-guaranteed ability to raid deposits will make the banks act more recklessly and also guarantee that the deposits will be raided.”

Why would banks earning billions of dollars in profits every year and rewarding top brass with million-dollar annual bonuses need either “bail outs” or “bail ins”?

I suspect it’s a protective shield should the Canadian banks lose playing risky gambling games, or if the Bank of International Settlements reneges on debts because too much funny money is circulating in the artificial marketplace, exacerbated by the BitCoin.

Another factor is that some 20 years ago the United Nations decided everybody should be afforded the dignity of owning a house. Interest rates were low. And banks were forced to hold mortgages and approve loans even when the jobless, debt-ridden borrower obviously couldn’t repay.

Another interesting tidbit from the Economic Plan says: “Canada’s large banks are a source of strength for the Canadian economy. Our large banks have become increasingly successful in international markets…” (page 144).

Indeed, the banks have been endowed with a large digital money supply (they want more) to compete with the Big Boys in the high-stake global financial markets, especially gambling on corrupt derivatives, a perfect place to lose both their shirt and shorts.

No amount of resources will stop the global central bank vultures from quickly picking Canada’s carcass too clean to even do an autopsy. Doesn’t matter. The account holders are on the line to provide a full “bail in” rescue.

Mr. Berwick stressed that fact in his article titled “Canadian Deposits As Safe As Cypriot Deposits” “The big banks in Canada will get to take on enormous risks in pursuit of greater profits for themselves without having to worry about their losses.”

He further cautioned that: “After all, any losses will now be covered by the bank customers money that they put in there with the crazy notion that it would be safe from theft.”

Another Economic Plan nugget states: “The Government also recognizes the need to manage the risks associated with… those banks whose distress or failure could cause a disruption to the financial system and, in turn, negative impacts on the economy.

“This requires strong prudential oversight and a robust set of options for resolving these institutions without the use of taxpayer funds…”

A while back, economist Mark Carney, an international superstar and outgoing Bank of Canada governor, rang alarm bells over extreme individual household debt, the kind that banks lured low-income people into with easy credit.

Economists have harped about the more than 10 years that household spending has exceeded disposable income, leaving consumers so far in hock they can’t repay loans, and the “too-big-to-fail” banks are overextended with risky loans.

In my not-so-humble opinion, the banks are culpable for their own misdeeds. But it’s the no-fault customers who are penalized with mopping up the mess.

The debt build-up “is going to end in tears”, Chief TD economist Craig Alexander once predicted.

News Flash! It’s going to end in a lot worse than tears.

The best two-step method for freezing society dead in its tracks and destroying the middle class is to first seize all the people’s money and safety deposit boxes, then confiscate their real property, most of which the banks own.

Canada has cunningly provided an Economic Plan that is a dead-ringer for establishing the United Nations’ dream of a totalitarian nightmare. The mass population will be instantly paralyzed serfs put at the mercy of complete government control.

Carney’s legacy, before accepting his new role as Bank of England’s governor on June 1, was to order the banks to rein in student loans, auto loans, credit card debts, mortgages and anything else on the books.

Obviously, he meant by hook or by crook. Yet most bank managers and frontline employees seem unaware–or do not want to reveal–that new strategically-located theft departments were set up covertly more than a year ago.

It is hard to get one’s mind wrapped around the possibility of a bank failure since Canada’s banking system is the darling of the world.

Its top rating appears to be attributable to regulation by a federal government that also controls an endless supply of taxpayers’ dollars and is the proud owner of a printing press. It also operates a sophisticated computer system, designed to divvy out digital dollars and run hacker software to commit larceny without leaving telltale fingerprints.

The only logical reason I can figure for an anticipated bank failure here would be by rogue design.

For many years, Canada’s five major banks have yearned to merge capital into two mega-banks. So far, administrations have rejected the request. Something to do with prudence and a pesky Bank Act.

Regardless of what is currently transpiring behind closed doors in Ottawa, Canadians, raised on ideals that banks are honest, are far from ready to accept the thought that they may be dealing with a bunch of bandidos.

However, many Canadians and Americans, already stung with account seizures and daily withdrawal restrictions, have turned to credit unions.

I can’t vouch for credit unions, but a knowing senior teller once advised me: “If you don’t want banks seizing your money don’t leave money in your accounts.”

It is still in vogue, however, that if customers catch a “careless” or “manipulated” mistake and complain loudly, the banks usually will reimburse the account so not to draw attention to the truth.

Nevertheless, banks prey on negligent customers who have come to depend entirely on direct deposits, automatic payments, credit and debit card transactions. Customers who don’t keep ATM and debit card receipts, don’t review monthly credit card and bank statements, and don’t reconcile personal records are particularly vulnerable to surprise thefts.

Gerald Celente, a New York-based Trends Forecaster and gold broker who’s been fleeced by financial institutions to the tune of six figures, keeps reiterating: “If your money is not in your pocket, you don’t own it.”