| Billions for the Bankers - Canadian Version
http://www.somagardens.com/billions/index.htm
In 1867 the Fathers of Confederation gave the federal government (under Section 91 of the British North America Act) the right to create Canada's money supply. However, our federal government has given this right to the private chartered banks. Instead of getting our money supply for the cost of printing, our federal government now borrows the money from the chartered banks and pays over $40 billion per year interest. Payment of this interest took 33% of all the taxes collected in the last fiscal year. This means all businesses, farmers and individuals also have to borrow our money supply. Because money to pay this interest is never issued, we have to borrow the money to pay the interest. Thus borrowing drives all of us, including our governments, deeper and deeper into debt. |  |
 | The Earl of Caithness (1) |
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| The Federal Reserve Bank of Chicago (1) |
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| Harold Thomas (1) |
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| Cambridge Trust (1) |
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| Rob Tuinstra (1) |
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| United States Congress (1) |
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| Charles Del Valle (1) |
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| George Washington (2) |
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| Walter E. Williams (2) |
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| WorldNewsDaily (1) |
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| Dr. Jonathan V. Wright (1) |
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| Edward Zehr (1) |
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| ? (1) |
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| Alex C Root (3) |
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| Cambridge Trust (1) |
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| Gerry Spence (1) |
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| IRS (1) |
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| Jim Bennett (1) |
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| Offshore Institute (1) |
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 | Pat Hammond (1) |
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| | Irwin Schiff
by Pat Hammond (05/18/2000)
Schiff writes books, makes speeches, and spars on radio talk shows, a man
driven by the
conviction that government illegally extorts income taxes from the people, and
gets away with it because federal judges and prosecuting attorneys are corrupt. | |
| Robert Smith (1) |
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| Unknown (1) |
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