Comment 62651

By BobInnes (registered) - website | Posted April 25, 2011 at 12:34:22 in reply to Comment 62639

You are correct about North Dakota Bank - I mentioned it as the only example of a state run bank, which is something the commercial bankers will furiously resist. The article linked is a fascinating account of the many advantages to be gained.

We both agree that simply printing money willy nilly is a terrible idea, which is what prospective voters need to know about me. The reason I joined this party, albeit fringe, is the solid fact that we advocate exactly the system Canada used during WW2 and up to the 70s, when Trudeau caved in to the G7 and sidelined the BOC from its previous function. Now it merely makes coins & bills, a small percent of total money, but I truly believe that it is this crucial difference with the US Fed, that could be our main, or only bulwark against the mayhem that is being unleashed. We had better be prepared to use it once the breakdown now initiated, gains full force. CAPs role now is to bring this important element of Canada's government to the attention of the public.

It looks like we probably agree on the hard choices ahead of us. Let's hope more voters than usual make choices, and their choices are wiser than usual. We can't, as Einstein said, keep doing the same thing and expecting a different result.

Comment edited by BobInnes on 2011-04-25 12:38:47

Frogs, the pot is getting warm.

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