"The Corporate Reactionary Revolution of the 1970s in Canada."

[Hannah Bell]

This is a story about Canada, but there is a similar story to be told about the US:


"Well, Son...

"Then came the two so-called World Wars of the 20th century...And the world was shocked at the depth of this destruction... popular leaders came forth... with new ideas and dreams...where We the People would have some safety and security...from the often crazy whims of the Elite...

"And during the 50s and 60s..., some great things happened in our lands.... the outraged leaders of We the People, believing in their rights as a people not to suffer so, began to stand taller and demand the right to have a voice in the halls of our government... began, here in Canada, to build a great nation, a nation that would look after all of its people well...

...the new generation of Princes in our country...decided that these advances for the common people... were getting quite out of hand - indeed, they came to believe, there was a 'Crisis of Democracy' ...too MUCH democracy...the people...were starting to get altogether too prosperous, and intelligent, and demanding - for when a person has a place to live, and food on the table, and a good job, and a good education... and some security concerning the future of her family - why, they start thinking they have a right to such things! ...and, much more dangerously, start looking at the structure of their society and how wealthy it really is, and asking some very difficult questions, such as...what these Elite are actually doing to earn their keep...

"Now, you see, in Canada at that time...the Princes could hardly call out the army and start shooting Canadians on the streets and reinstalling their Elite-controlled governments such as they had had earlier...so they had to formulate a new plan...a fairly simple policy to reinstate their control... All of the programs that We the People had been using...to improve our lives...all were, of course, based on money!

...So the solution... was simply to remove the money... - not all of it, of course, but enough so that we would have to make some "hard choices"...the first step was a "corporate tax revolt"... and during the 70s corporate taxes were substantially reduced...

"And the government then had a choice to make - due to this reduced income, it could tell Canadians that it no longer had money for the health care and education and other programs...or look elsewhere for money....And this is where the second part of the conspiracy begins - making sure the government would be unable to simply increase taxes a bit some day in the future under a government more responsive...the Bank of Canada, the bank of We the People - which was and is empowered to create money for the government...after all, if the government is reliable enough to borrow a dollar, then the same factors make it reliable to print a dollar - the only difference being, if it prints the dollar, it does not have to pay that dollar back to a bank, with another dollar of compounded interest...

"But a decision was taken behind the scenes to NOT use the Bank of Canada... but instead to turn to private banks and 'borrow' the money it needed...money our own government could have created precisely the same way at the Bank of Canada, except that then we would be paying interest to ourself which, of course, is the same as not paying interest at all...

And over the next few years, with the help of a few years of usurious interest rates mandated by the Bank of Canada - 'our' bank working directly against We the People instead of helping us - oh evil trolls!!! - that...original borrowing...skyrocketed into a huge "national debt" - upon which we were required to pay equally huge 'service charges' each and every year to those private banks - service charges which often amounted to 20% or more of the entire national income - and which we continue to pay to this day...

"And then the government, which by this time was dominated by the politicians the Elite had continued to accumulate... began, in the name of this huge debt, cutting back on all of the government programs that had made our people healthy and educated and secure. And have continued doing so to this day...with only one objective - to firmly entrench the Elite once and for all as the god-class of our planet, with We the People...as serfs and laborers for the Gods...

There are, of course, many more details and particulars, but you can fill them in as you wish, now that you have the outline..."


From: "They're Building a Box - and you're in it"

http://www.rudemacedon.ca/dlp/box/app2-corp.html


History looks different when you think of the 70s & 80s as the COUNTER-REVOLUTION to the 40s-60s.

As the bank bailout shows us, the "scarcity" of money to pay for things only applies to things like workers' wages, health care, & old-age security.

When the rich need money, they simply take it.