The Tate Plan for a Basic Minimum Income for all Canadians.

DennisTate · May 28, 2019

I joined the People's Party of Canada soon after it was began by Mr. Maxime Bernier. The members of the local Electoral District Association want me to represent the PPC here in Central Nova but I suggested that my confirmation be delayed until June 23 so that they have some time to digest how big a campaign platform I really have in mind.

There is another candidate all ready to get set up if what I have in mind is just too controversial for the PPC.

I met with the local PPC, E. D. A. for Central - Nova, N. S. yesterday and I was truly impressed! I will definitely seek the nomination for my area.

If.... you can see any error in my attempt to correct my 2006 campaign writing.... please let me know what the error is?
in order to actually win here in Central - Nova I think I have to also
begin a campaign to attempt to become National Leader of the PPC.
I am willing to do that......
and if anything that I wrote there is in error I would love to be corrected by Mr. Maxime Bernier himself
because I do not want to put any sort of error on such a serious topic in front of Canadians.

I want to promote a Basic Minimum Income for all thirty seven million Canadians......
I am thinking in terms of five hundred dollars each.... to be added to the Child Tax Credit for minors and
of course sent directly to adults.
I want this financed by the Bank of Canada in the same way as was done from 1939 - 1974.

What President Obama did in 2009 was terribly ineffective.....
he gave billions to the top one percent of the top one percent of investors......
and the trickle down economics that he probably expected simply DID NOT happen.

On the plus side...... his policy of Quantitate Easing at least prevented a full scale Great Depression.

Dennis Tate
https://www.facebook.com/groups/565213087274651/permalink/673739823088643/
"Yellow Vests Canada"
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"From 1940 to 1974 the Government of Canada put roughly half of the total money supply into the economy through loans issued through the federally owned Bank of Canada. Provincial and municipal governments could borrow the money to build roads, schools, hospitals and sewage treatment facilities at zero or one percent interest. In 1974 we changed our system and since that time a higher and higher percentage of all government debt is financed through loans issued through privately owned banks. At this time it is ninety eight percent. This policy may be great for our banking sector but it was estimated that in the one year of 1995 alone our federal government could have saved roughly SIXTY FIVE BILLION DOLLARS in interest payments if we had gone back to creating half the total money supply through these low interest rate loans issued through the bank that is OWNED BY ALL CANADIANS.

Considering that our deficit was approximately thirty billion dollars for that year, simply by changing back to an already proven monetary and banking system, we could theoretically have had a FEDERAL BUDGET SURPLUS OF THIRTY FIVE BILLION DOLLARS in 1995."

The massive cutbacks in the Canadian military, in health care, highway construction, social programs and education were profoundly affected by these accounting practices?" (Dennis Tate, 2006 Pictou- Centre, N. S. campaign writing).
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Clarification: From 1940 to 1974 city, town or municipal governments could not gain access to those low interest rate loans directly from the Bank of Canada but got them indirectly through the assistance of their provincial government. By the time the loans got to city, town or municipal level they were two percent..... but a huge percentage of Canada's universities were built at a low cost to taxpayers due to these low cost loans from the BoC that were available until 1974!

My apologies for my lack of clarity back in 2006 but wouldn't it be nice to have provincial governments these days that did their best to assist city, town and municipal governments to build needed facilities AT A LOW RATE OF INTEREST so that local taxpayers could be saved interest payments?

Note: When these three economists state that the governments own bank produced up to half of the new money, they mean over the long term....... because when private banks are used in money creation COMPOUND INTEREST CLAWS BACK all the money that they create... (and then some)..... whereas when money is created by the Bank of Canada the interest is paid back into the treasury as provincial governments would repay those loans so they ended up costing taxpayers essentially only the fees of the Bank of Canada, when the long term is considered!

..... ....(by Harold Chorney, John Hotson, and Mario Seccareccia):
“When World War II ended, the national debt relative to the national income was more than twice as large as it is now. But was the country ruined? Did we have to declare national bankruptcy? Far from it! Instead, Canada's economy boomed and the country prospered for most of the post-war period.”

The Bank of Canada has failed in its duty

“Why isn't the same thing happening today? Why was a much larger national debt shrugged off in 1945, while today's much smaller debt (as a percentage of GDP) is being used as an excuse to let the economy stagnate?

“The answer can be found at the Bank of Canada. During the war, and for 30 years afterward, the government could borrow what it needed at low rates of interest, because the government's own bank produced up to half of all the new money. That forced the private banks to keep their interest rates low, too.

“Since the mid-1970s, however, the Bank of Canada, with government consent, has been creating less and less of the new money, while letting the private banks create more and more. Today «our» bank creates a mere 2% of each year's new money supply, while allowing the private banks to gouge the government — and of course you and me, as well — with outrageously high interest rates. And it is these extortionate interest charges that are the principal cause of the rapid escalation of the national debt. If the federal government were paying interest at the average levels that prevailed from the 1930s to the mid-1970s, it would now be running an operating surplus of about $13 billion!”

...... “Also raised by this policy, of course, is the income of the money-lenders, which explains why they subscribe so fervently to the perverse doctrine that high interest rates are somehow anti-inflationary. Certainly the world's bankers and other money-lenders have gained much from the nonsensical notion that, while giving workers a big raise is inflationary, giving money-lenders a big raise is not.

“Many economists rail against «wage push», and it's true that wages have risen by 2,700% over the past 50 years. But in the same period government tax revenue went up by 3,400%, and net interest by 26,000%! Yet, most of the economic textbooks that deplore rising wages don't even mention the tax and interest pushes. And it is not because they are complex ideas — rather, they are simple and obvious — but because it would be so embarrassing for economists to admit they've made a boner of such magnitude: that their theory of monetary policy violates basic principles of scientific logic." (by Harold Chorney, John Hotson, and Mario Seccareccia, 1996)
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So my apologies for my lack of clarity in what I wrote back in 2006:

End tax and financial slavery now with Paul Hellyer (!ThatChannel.com 2013-03m-12)
23,881 views
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DennisTate · May 28, 2019

The foundation for a Basic Minimum Income financed by PRODUCTIVITY
rather than taxation was laid in my 2004 campaign writing:

My 2006, 2008, 2016 and 2004 campaign writings as ART.

As I have told many of you, the reason why I am running for the office of Municipal Councillor is because I believe that Canada had a much better monetary and banking system in the past and that we must force our provincial and federal politicians to abandon our present banking system and utilize the taxation and monetary system visualized by the men who drafted the original Canadian Constitution.

Many of you are already aware that our federal government is forbidden by our Constitution to collect income tax, or any direct fax, from us but very few Canadians understand the history of banking policy in Canada and to what degree our system is based on attempts at banking reform in the United States. When you fully understand this question I am certain that you will be angry. I certainly am.
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Abraham Lincoln and John F. Kennedy
Written by Melvin Sickler on Wednesday, 01 October 2003. Posted in United States

"During the Civil War (from 1861 - 1865), President Lincoln needed money to finance the War from the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and went away greatly distressed, for he was a man of principle and would not think of plunging his beloved country into a debt that the country would find impossible to pay back.

Eventually President Lincoln was advised to get Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue.

At one point he wrote:"...(we) gave the people of this Republic the greatest blessing they have ever had - their own paper money to pay their own debts..."
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The Treasury notes were printed with green ink on the back, so the people called them "Greenbacks".

Lincoln printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a debt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service employees, and bought supplies for war….."
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Shortly after that happened, "The London Times" printed the following:"If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe"......
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After this was published in "The London Times", the British Government, which was controlled by the London and other European Bankers, moved to support the Confederate South, hoping to defeat Lincoln and the Union, and destroy this government which they said had to be destroyed…...

"In 1972, the United States Treasury Department was asked to compute the amount of interest that would have been paid if that 400 million dollars would have been borrowed at interest instead of being issued by Abraham Lincoln. They did some computations, and a few weeks later, the United States Treasury Department said the United States Government saved 4 billion dollars in interest because Lincoln had created his own money. So you can about imagine how much the Government has paid and how much we owe solely on the basis of interest."
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The Public-Debt Problem
Written by Alain Pilote on Monday, 30 June 1986. Posted in In This Age of Plenty (book)

"Unpayable debts

“This means that just to maintain the same amount of money in circulation in our country, year after year, unpayable debts must pile up. For example, if one wants to maintain only $100 in circulation, year after year, by borrowing at 6% interest, the debt will be $106 after one year, then $112.36 after two years ($106 plus the 6% interest), and so on. After 70 years, the debt will have reached the sum of $5,907.59, and there will still be only $100 in circulation.”

In the case of public debts, the bankers are satisfied as long as the interest on the debt is paid. Is it a favour they do to us? No, it only delays the financial impasse for a few years since, after a while, even the interest on the debt becomes unpayable. Thus, in the example of the $100 borrowed at 6%, the interest due on the debt will have reached $104.26 after 50 years, which is more than all the money in circulation.”

No wonder then that the national debts of all the civilized countries in the world are reaching astronomical proportions. For example, Canada's national debt, which was $24 billion in 1975, is now over $500 billion, and the interest on this debt costs over $40 billion per year, or about one third of all the taxes collected by the Federal Government; this percentage keeps increasing year after year. So, to satisfy the bankers, the Government must slash all its other expenditures.

Will the Government wait until servicing the debt takes 100% of the taxes, to change the system, or will it prefer to let people starve? Moreover, the national debt is only the peak of the iceberg: there are also the debts of the provinces, municipalities, corporations and individuals!”
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-According to the Canadian Constitution, the Federal Government does not have the right to tax income; this right belongs only to the provinces. The Supreme Court confirmed it in 1950.-For over fifty years, Gerry Hart, a citizen of Winnipeg, used this decision of the Supreme Court, and did not pay any Income Tax;

-The Canadian Constitution of 1867 gives the Federal Government the right to issue its own currency, based upon the resources and wealth of the nation;

-In 1913, the Federal Government injustly gave up this power to create money to private banks, which forced the Government to get into debt to private banks, and this debt has not ceased to grow ever since. (In 1994, the debt of the Federal and Provincial Governments is over $700 billion.)"(“Michael” Journal).
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In the beginning of this thread you read some interesting facts about the monetary policy adopted by President Abraham Lincoln, just before the Civil War. What years are we talking about here?

The Civil War lasted from 1861 - 1865.In what year did the Fathers of Confederation draft the British North America Act?

As I am sure you know, Canadian Confederation took place in 1867.

GUESS WHY THE MEN WHO DRAFTED THE CANADIAN CONSTITUTION WOULD FORBID THE FEDERAL GOVERNMENT FROM LEVYING A DIRECT TAX ON THE PEOPLE OF CANADA?

Do you think it could possibly be because they were well aware that President Lincoln had come up with a fantastic monetary system and wanted to emulate it in Canada?????

I do.

Do you think that these men realized that the Lincoln policy had saved the American taxpayers billions of dollars in interest payments and they wanted to save the Canadian taxpayers money as well?

I do.

NOW DOES IT MAKE MORE SENSE THAT THE CANADIAN CONSTITUTION FORBIDS THE FEDERAL GOVERNMENT FROM LEVYING A DIRECT TAX ON THE CITIZENS OF CANADA?

It should.

At first it seems out of this world and impossible that our Federal Politicians are not allowed to put a tax on our income according to the Canadian Constitution, but not if you study the Lincoln monetary system, and realize that the men who drafted our constitution wanted Canadians to have the same advantages.
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(post #6):

WHAT IS UNDERCONSUMPTIONISM? DO YOU THINK OUR PRIME MINISTER COULD DEFINE THIS THEORY IF ASKED ABOUT IT TOMORROW MORNING?

Basically, underconsumptionism, is the idea that in a technologically advanced economy, the sum total of the wages paid out to all workers involved in the creation of consumer goods, will never be as high as the value of the goods that they can produce. Globalization and the lessening of trade barriers between nations can cause the discrepancy between the supply of funds in the hands of consumers, and the total global level of production, to become almost incomprehensible.

This quotation from a Lubavichter Jewish website sums up the question quite well:

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"1. The first thing Moshiach does is do away with bad marketing."
"That's the
true villain that has held us back all these years. Ask anyconsumer electronics
or computer engineer. We could all own household robots todo our work. We could
be consuming less than 10% of the natural resources weconsume now if it weren't
for those nefarious busy bodies who market quantity rather than quality. Given
the true needs of most people and the productivity possible with modern
technology, we should all be working an average of 2.5hours a week. What's
responsible for the other 60+ hours?

Bad Marketing."

"Moshiach's marketing people
will get people's minds back on the righttrack. Thinking about real quality of
life. About their relationship with theearth and with their bodies and their
souls and the people around them. Once that's done, just about everything else we
need to create paradise is here already."
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https://www.chabad.org/library/article_cdo/aid/2811/jewish/Sighting-Moshiach.htm

So how should our Canadian federal government finance federal spending?

Ninety eight percent of all money in circulation is never printed. It is nothing more than a number on a ledger. I believe that our federal government must again use the bank of Canada to put perhaps half of the money supply of Canada into circulation through loans to the provinces and municipalities of zero or perhaps one percent interest. This is what we did from 1940 to 1970 but then we changed our system and adopted the American model. I assume because of pressure from the United States.

It has been estimated that we could have saved sixty five billion dollars in interest payments, in the one year of 1995, if we had went back to our wartime monetary and banking system. Instead of having a deficit of roughly thirty billion dollars for that year, we could have had a surplus of thirty five billion dollars.

Each year, the debt owed as interest on all loans in the economy, is a vastly higher sum than the interest paid to depositors by all banks in Canada.

Unless this higher number is put into circulation by our Bank of Canada, by order of our federal politicians, then we end up with a total figure for government, business and personal debt, that is vastly higher than the total amount of currency in circulation. The men who drafted our Canadian Constitution had planned for our federal politicians to be forced to address this problem by forbidding that they engage in any form of direct taxation.

If you held the power to legally print the Canadian dollar, would you be so stupid as to get yourself a trillion dollars into debt?

This is not rocket science, this is just a matter of realizing that the men who drafted the British North America Act, were onto something that most of our political leaders are too busy kissing babies and shaking hands to find out the simple truth about.
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DennisTate · May 28, 2019

Here is another explanation for this:

The Government Must Create Its Own Money
Written by Alain Pilote on Monday, 31 October 1994. Posted in In This Age of Plenty (book)

Question: Does the Government have the power to create money? Would this money be as good as that of the banks?

Answer: The Government has indeed the power to create, issue the money of our country, since it is itself, the Federal Government, that has given this power to the chartered banks. For the Government to refuse to itself a privilege it has granted to the banks, is the height of imbecility! Moreover, it is actually the first duty of any sovereign government to issue its own currency, but all the countries today have unjustly given up this power to private corporations, the chartered banks. The first nation that thus surrendered to private corporations its power to create money was Great Britain, back in 1694. In both Canada and the U.S.A., this right was surrendered in 1913.

It is not the bankers who give money its value; it is the production of the country. Bankers produce absolutely nothing; they only create the figures that allow the nation to make use of its own producing capacity, its own wealth. Without the production of all the citizens in the country, the figures of the bankers are worthless. So, the Government can just as well create these figures itself, without going through the banks, and without getting into debt. Then why should the Government pay interest to a private banking system for the use of its money, when it could issue it itself, without going through the banks, without interest nor debt?

This very question was actually asked to Graham Towers, Governor of the Bank of Canada from 1935 to 1954, before the House of Commons Standing Committee on Banking and Commerce, in the spring of 1939 (page 394 of the Minutes of Proceedings and Evidence Respecting the Bank of Canada, Committee on Banking and Commerce, 1939):

“Will you tell me why a government with power to create money should give that power away to a private monopoly and then borrow that which parliament can create itself back at interest to the point of national bankruptcy?”

Answer of Towers:

“Now, if parliament wants to change the form of operating the banking system, then certainly that is within the power of parliament.”

As a matter of fact, the power of the Federal Government to create the money of our country is clearly stated in the Constitution (Section 91 of the British North America Act, paragraphs 14, 15, 16, 18, 19, and 20).

No danger of inflation
Question: Is there not any danger that the Government might misuse this power and issue too much money, which would result in runaway inflation? Is it not preferable for the Government to leave this power to the bankers, in order to keep it away from the whims of the politicians?

Answer: The money issued by the Government would be no more inflationary than the money created by the banks: it would be the same figures, based on the same production of the country. The only difference is that the Government would not have to get into debt, or to pay interest, in order to obtain these figures.

On the contrary, the first cause of inflation is precisely the money created as a debt by the banks: inflation means increasing prices. The obligation for the corporations and governments that are borrowing to bring back to the banks more money than the banks created, forces the corporations to increase the prices of their products, and the governments to increase their taxes.

What is the means used by the present Governor of the Bank of Canada to fight inflation? Precisely what actually increases it, that is to say, to increase the interest rates! As many Premiers put it, “It is like trying to extinguish a fire by pouring gasoline over it.”

It is obvious that if the Canadian Government decided to create or print money anyhow, without any limits, according to the whims of the men in office, without any relation with the existing production, there would definitely be runaway inflation. This is not at all what is proposed here by the Social Crediters.
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Creasy Tvedt · May 28, 2019

Let me guess...

"For those unable, or unwilling, to work.", right?

Ugh, commies suck.

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

Let me guess...

"For those unable, or unwilling, to work.", right?

Ugh, commies suck.
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WRONG!!!!

My plan is for this Basic Minimum Income to go to ALL THIRTY SEVEN MILLION CANADIAN CITIZENS and even to full fledged residents of Canada.

I would love for it to not even be taxable.......
but that could make it impossible to sell......
and I actually want to sell this idea to Mr. Maxime Bernier and
set the stage for him to be elected Prime Minister of Canada in October of 2019.

Mr. Bernier would clearly make the coolest Prime Minister of all possible options available:

Maxime Bernier: The Next Prime Minister of Canada? (Full Interview)
76,386 views

Creasy Tvedt · May 28, 2019

DennisTate said: ↑

WRONG!!!!

My plan is for this Basic Minimum Income to go to ALL THIRTY SEVEN MILLION CANADIAN CITIZENS and even to full fledged residents of Canada.

I would love for it to not even be taxable.......
but that could make it impossible to sell......
and I actually want to sell this idea to Mr. Maxime Bernier and
set the stage for him to be elected Prime Minister of Canada in October of 2019.

Mr. Bernier would clearly make the coolest Prime Minister of all possible options available:

Maxime Bernier: The Next Prime Minister of Canada? (Full Interview)
76,386 views
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How am I wrong? If it's going to go to every Canadian, then it's going to go to every canuck, including those that are unable, and unwilling, to work, right?

"500 loonies'll buy a lot of weed and Molson, eh?"

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

Let me guess...

"For those unable, or unwilling, to work.", right?

Ugh, commies suck.
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Mr. Maxime Bernier is seriously in there with Canada's Pro- Life community and they
have the influence to bring Canada's conservative movement over to his assistance.......

Now to introduce you to the young woman who is quite capable of taking Mr. Maxime Bernier's
campaign over the top:

I finally got a chance to listen to this video and this is phenomenally well done! Wow!!!!!!!

I personally was so glad about fifteen years ago when I read the following:

Christian Andreason: "If this world was to ever find out just a small amount of what sexually diverse (gay) people are here to do on this planet, there would never be one single wisecrack or hurtful remark made ever again. Instead there would be great respect! People who speak disrespectful things about people of this orientation ... enact judgment, and do so from a place of unenlightenment, insecurity, ego and socially induced prejudice. Some may use mistranslated scriptures taught to them, not by the Holy Spirit ... but by fear-filled human beings. Many will choose to sustain a Divinely unsupported satanic hate-based rage against these children of God, rather than using Love to bring understanding and healing between both peoples. Christ said, THE GREATEST COMMANDMENT IS THAT WE ARE TO LOVE ONE ANOTHER! When people sling condemnation, judgment and bitterness at others, they are not practicing the great commandment. They are allowing their Souls to fall into darkness." (Christian Andreason)
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https://www.facebook.com/video.php?v=10157359761469319

https://www.facebook.com/lauralynn.t.thompson/posts/10157359835804319

Laura-Lynn Tyler Thompson
May 10 at 1:03 PM ·

False allegations in a story on the PPC were carelessly retweeted by Michelle Rempel now found completely erroneous. Identity politics cannot be played in this party as we do not believe in them. We fight for each Canadian's freedom in order to preserve the true rights and privileges we cherish in Canada. Freedom for you means freedom for me. If we protect each other we will have a "True North Strong and Free."

However, not everyone believes in this. Freedoms are litigated and bludgeoned by hate groups like The Morgane Oger Foundation. Michelle Rempel, Lisa Raitt, Jagmeet Singh and others are supporting the shutdown of free speech, conscience and rational thought. The Conservative Party of Canada is embracing left wing ideology and the once clear choice we had to uphold our values is gone. The true conservative choice is the one that upholds our liberties to believe, worship and live as we choose. That is the People's Party of Canada where principles are not just talked about, but lived out.

The CPC is now culpable in embracing the transgenderfication of our nation. Not a word from them in dissent, only their MPs aligning with FAR left wing NDP activists who create hate maps to socially terrorize our citizens. They have lost OUR trust and THEIR grip on the grassroots of this nation. This is bigger than pandering for votes. Voting for the CPC will increase the fall into chaos.

This is our whole future and that of our children. It is time to stand with courage or sink with cowardice.
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More information on Mr. Maxime Bernier's welcoming of Pro-Life Canadians to his newly formed People's Party of Canada can be researched here:

Maxime Bernier welcomes Pro-life Canadians to People's Party of Canada.

Creasy Tvedt · May 28, 2019

The theory behind universal income is that if you give everybody a guvmint-issued paycheck just for breathing air, then you can scale back entitlement programs, because your citizens all have the money to take care of their own basic needs. The thinking is that you'll save more money than you spend when the entitlement programs, and all the bureaucracy that runs them, is eliminated.

Sounds great on paper, but it sucks in application.

It would only work if the people who pissed their money away on dumb crap were then allowed to land on their heads when they fall into the gutter.

Of course, the bleeding heart lefties would NEVER allow any special snowflake to fall on their head in the gutter, so the safety net(read: hammock) would still be there to catch the dirtbags before they fell on their heads. So the universal income accomplished nothing but handing out weed and Molson money to dirtbags to make them more comfortable as they relax in the welfare hammock.

Creasy Tvedt · May 28, 2019

DennisTate said: ↑

Mr. Maxime Bernier is seriously in there with Canada's Pro- Life community and they
have the influence to bring Canada's conservative movement over to his assistance.......

Now to introduce you to the young woman who is quite capable of taking Mr. Maxime Bernier's
campaign over the top:

https://www.facebook.com/video.php?v=10157359761469319

https://www.facebook.com/lauralynn.t.thompson/posts/10157359835804319
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Does Canada have a President, or do you just let the trapper with the tallest pile of beaver pelts, and the sissiest French accent, be the viceroy of your primitive wilderness settlements?

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

How am I wrong? If it's going to go to every Canadian, then it's going to go to every canuck, including those that are unable, and unwilling, to work, right?

"500 loonies'll buy a lot of weed and Molson, eh?"
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You are correct... .a segment of the population of Canada will make bad choices with
their Basic Minimum Income but....... the MAJORITY of Canadians will
decide to do some renovations on their homes and properties.......
or buy a newer car or half ton truck........
or buy organic rather than cheap GMO veggies.......
or buy their first home......
or buy a lot on a lake to build a cottage........

and our construction industry and real estate markets should surge!

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

The theory behind universal income is that if you give everybody a guvmint-issued paycheck just for breathing air, then you can scale back entitlement programs, because your citizens all have the money to take care of their own basic needs. The thinking is that you'll save more money than you spend when the entitlement programs, and all the bureaucracy that runs them, is eliminated.

Sounds great on paper, but it sucks in application.

It would only work if the people who pissed their money away on dumb crap were then allowed to land on their heads when they fall into the gutter.

Of course, the bleeding heart lefties would NEVER allow any special snowflake to fall on their head in the gutter, so the safety net(read: hammock) would still be there to catch the dirtbags before they fell on their heads. So the universal income accomplished nothing but handing out weed and Molson money to dirtbags to make them more comfortable as they relax in the welfare hammock.
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My idea is to attempt to sell the idea of a Basic Minimum Income to Canada's Pro-Life community first.......
based on my theory that maybe.... just maybe.... there could be a connection between the terrible 1974 decision by
Prime Minister Pierre E. Trudeau with the Roe vs Wade decision in the USA in 1973?????

Can we learn about the Washington Swamp from the Ottawa Swamp?

Does the Ottawa Swamp and the Washington Swamp have the common denominator of ELITISM?

NO
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*
YES
4 vote(s)
100.0%

I am not sure but this is an intriguing theory that I may research further?????
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Change Your Vote

DennisTate said: ↑

Here are the statistics for deaths among African Americans since 1973:

Abortion............15.5 million
Heart disease.....2,715, 416
Cancer ...............2,568,040
Accidents ..............447,803
Violent crimes .......354,392
AIDS .....................245,322
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I believe that this was set up.......
and something happened here in Canada back in 1974 that made this trend possible in the USA.

Here is one of the major reasons why Canadian women feel pressured into having an abortion. They feel that our economic situation leaves them with really no choice other than to take the risk of living in relative poverty along with their child. This situation has been forced on them and we need to be more well informed about this.

After P. M. Pierre E. Trudeau's colossal error here is how the national debt of
Canada spiralled out of control:

My guess is that he was pressured into doing this so that the same thing could be
arranged in the USA:

Many wealthy people believe that the only way to keep the lower class working
hard is to keep them head over heels in debt and kind of hungry. Lower class people choosing to have an abortion is a positive thing in the minds of a lot of people who consider themselves to be the ELITE!

https://www.michaeljournal.org/articles/social-credit/item/the-public-debt-problem?/plenty34.htm
The Public-Debt Problem

Here is how I explained this back in 2006 when I campaigned for the office of M. L. A. as an independent:

From 1940 to 1974 the Government of Canada put roughly half of the total money supply into the economy through loans issued through the federally owned Bank of Canada. Provincial and municipal governments could borrow the money to build roads, schools, hospitals and sewage treatment facilities at zero or one percent interest. In 1974 we changed our system and since that time a higher and higher percentage of all government debt is financed through loans issued through privately owned banks. At this time it is ninety eight percent. This policy may be great for our banking sector but it was estimated that in the one year of 1995 alone our federal government could have saved roughly SIXTY FIVE BILLION DOLLARS in interest payments if we had gone back to creating half the total money supply through these low interest rate loans issued through the bank that is OWNED BY ALL CANADIANS.

Considering that our deficit was approximately thirty billion dollars for that year, simply by changing back to an already proven monetary and banking system, we could theoretically have had a FEDERAL BUDGET SURPLUS OF THIRTY FIVE BILLION DOLLARS in 1995.

The massive cutbacks in the Canadian military, in health care, highway construction, social programs and education were profoundly affected by these accounting practices?

So what can you and I do about this problem?

My 2006, 2008, 2016 and 2004 campaign writings as ART.

Click to expand...

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

Does Canada have a President, or do you just let the trapper with the tallest pile of beaver pelts, and the sissiest French accent, be the viceroy of your primitive wilderness settlements?
Click to expand...

What Mr. Maxime Bernier is doing seems to be to give ordinary Canadians like myself an opportunity to
campaign for public office and shake up Canadian politics. I am a janitor at a school and the probability of my
being chose to represent any other of the political parties would have been close to zero.

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

Does Canada have a President, or do you just let the trapper with the tallest pile of beaver pelts, and the sissiest French accent, be the viceroy of your primitive wilderness settlements?
Click to expand...

One of the dumbest things that I ever did in my life was
quit taking French classes after completing Grade 7 French.

By the time that I went to St. Francis Xavier University in Antigonish I
had came to deeply regret that decision so I signed up to take French again
in my second year of Business Admin classes.....but.......
French at the university level is all French in all classes...... and I just barely scraped a pass mark out of that
class...... and I had to work quite a bit to make it through......

Canada is bi-lingual and I am really glad that my English speaking ancestors, in spite of their many, many, many flaws......
at least managed to maintain relatively peaceful relations with Canada's French speaking communities....... (most of the time anyway with some notable exceptions).
Acadian Expulsion (the Great Upheaval)

Mr. Maxime Bernier is Canada's most courageous, blunt and honest national leader of a major political party
and over the coming months he could jump into the lead if he plays his cards well:

Creasy Tvedt · May 28, 2019

DennisTate said: ↑

What Mr. Maxime Bernier is doing seems to be to give ordinary Canadians like myself an opportunity to
campaign for public office and shake up Canadian politics. I am a janitor at a school and the probability of my
being chose to represent any other of the political parties would have been close to zero.
Click to expand...

Don't despair. We've got a bubbleheaded bartender in Congress down here who thinks 3 + potato = Profit!

Creasy Tvedt · May 28, 2019

DennisTate said: ↑

You are correct... .a segment of the population of Canada will make bad choices with
their Basic Minimum Income but....... the MAJORITY of Canadians will
decide to do some renovations on their homes and properties.......
or buy a newer car or half ton truck........
or buy organic rather than cheap GMO veggies.......
or buy their first home......
or buy a lot on a lake to build a cottage........

and our construction industry and real estate markets should surge!
Click to expand...

How about the sales of weed and Molson?

They'd go through the roof!

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

Don't despair. We've got a bubbleheaded bartender in Congress down here who thinks 3 + potato = Profit!
Click to expand...

I had bleeding ulcers when I was four years old......
and rheumatoid arthritis by the time I was fourteen so I developed the habit of
reading a lot....... so I get worried about things that most Canadians and Americans don't tend to
know much about.

Back on May 20 I put out a message designed to begin the luring of Mr. Peter MacKay back into politics
although he would almost certainly continue as a member of Canada's Conservative Party and if he
decided to run again in Central - Nova he would almost certainly defeat me........ .but I did it anyway.......
because I feel that lives are in danger.........
and Canada's needs the leadership of the best people available at this time.

Dennis Tate, May 20, 2019, Central - Nova, N.S.

Mr. Peter MacKay: I noticed how when you were Canada's Minister of Defence you visited and visited and visited our troops no matter where they were stationed. You risked your life many times to carry out your duties as Minister of Defence and Sir............. I would love it....... if you would join the PPC and challenge me for the nomination for the PPC here in Central - Nova?

Dennis Tate

To all candidates in the People's Party of Canada. I am still in the nomination process and I may end up representing the PPC here in Central- Nova, N. S. I posted the following to the group "Yellow Vests Canada" on the weekend and there are 166 shares already. Are there any errors in this message that you can see?

Should I have written 1939 rather than 1940?

Am I an idiot to be thinking that one possible concept that this lays the foundation for is that of a "Basic Minimum Income" for all thirty seven million Canadians? If so should I specify all Canadians of legal age?" (If you will click on the word "post" in the opening line of this message you should go back to the original message on that public group).

"From 1940 to 1974 the Government of Canada put roughly half of the total money supply into the economy through loans issued through the federally owned Bank of Canada. Provincial and municipal governments could borrow the money to build roads, schools, hospitals and sewage treatment facilities at zero or one percent interest. In 1974 we changed our system and since that time a higher and higher percentage of all government debt is financed through loans issued through privately owned banks. At this time it is ninety eight percent. This policy may be great for our banking sector but it was estimated that in the one year of 1995 alone our federal government could have saved roughly SIXTY FIVE BILLION DOLLARS in interest payments if we had gone back to creating half the total money supply through these low interest rate loans issued through the bank that is OWNED BY ALL CANADIANS.

Considering that our deficit was approximately thirty billion dollars for that year, simply by changing back to an already proven monetary and banking system, we could theoretically have had a FEDERAL BUDGET SURPLUS OF THIRTY FIVE BILLION DOLLARS in 1995.

The massive cutbacks in the Canadian military, in health care, highway construction, social programs and education were profoundly affected by these accounting practices?"

The following link should also take you to the original message:

https://www.facebook.com/groups/565213087274651/permalink/673739823088643/
Click to expand...

Here are the numbers that could inspire Mr. Peter MacKay to come back into politics because this situation in a sense puts his children and grandchildren in danger.

4.3 Trillion USA petrodollars in the hands of China, Russia, Iran, George Soros and other enemies of America who have stated publicly that they want to cooperate to devalue the USA dollar. (CIA economist Jim Rickards, 2014)

Thirty Five Trillion dollars is the valuation on oil and natural gas reserves in the warming Arctic that inspires China, Russia and others to be willing to risk those four point three trillion dollars.

Two hundred and ten Trillion USA petrodollars are in the vulnerable USA Derivatives market, (2017 Forbes magazine).

There are seven hundred and ten trillion dollars in the worldwide Derivatives market, (Jim Rickards 2014).

The world economy resembles 1929 in many ways...... which is why Mr. Peter MacKay might just come back into government.
Click to expand...

I don't casually send off messages through Facebook pages and groups to officials in the USA.....
but I felt that I needed to do so under these present set of circumstances:

Proposed Republic of Western Canada and Unified Field Theory of M.W.P.

DennisTate said: ↑

Dennis Patrick Tate
Central - Nova, Nova Scotia, Canada
February 20, 2019

Honourable Minister President Donald J. Trump:
Honourable Ministers (all) United States Congresswomen and Congressmen:
Honourable Ministers (all) United States Senators:
Honourable Minister and National Leader of the People's Party of Canada Mr. Maxime Bernier:
Honourable Minister Mr. Sean Fraser:
Honourable Minister and National Leader of Canada's Conservative Party Mr. Andrew Scheer:
Honourable Minister Mr. Bill Casey:
Honourable Minister Ms. Lenore Zann:
Honourable (aspiring) Minister and Leader of the Alberta Independence Party Mr. Dave Bjorkman:

Dear Mr. President and Honourable Ministers:

I have a theory on how to invest two trillion USA petrodollars out of the DERIVATIVES market that I believe can begin the process of stabilization of the entire Derivatives market that C.I.A. economist Mr. Jim Rickards feels is vulnerable. I do believe that Mr. Rickards is correct, the market is vulnerable, but there seem to be a number of obvious ways to begin to stabilize it even though I have heard lectures stating that a back door was created to the Federal Reserve which led to there being somewhere around 117 trillion USA petrodollars in that market by the year 2014.

To my thinking the key is in the proposed "Republic of Western Canada."

A proposal for a new nation of course implies the creation of an entirely new national currency unit.

My suggestion is for you Mr. President to perhaps ask your Ambassador to Canada to ask the leader of the Alberta Independence Party Mr. Dave Bjorkman to give me, Dennis Tate, two more years to explain what to do with the other one hundred and fifteen trillion USA petrodollars so that the serious devaluation of the markets spoken of by Mr. Jim Rickards does NOT happen.

I believe that serious discussion of financing two thousand replicas of the massive sea water desalination facility in Israel nicknamed "Sorek" will begin to break millions of people out of the silly obsession with a Carbon Tax that would obviously be a colossal waste of money, talent, time and productive capabilities.

M. P. Bill Casey... President Trump has a 4.3 trillion dollar problem....

Another good investment would be to divert a second trillion into relocation of the two million White South Africans to Canada, Australia, the USA, Israel and to other democracies who are willing to accept them. The magnitude of this project could be an excuse to produce "art" that will greatly increase in value over the coming decades and centuries, (especially in the minds of the children and grandchildren of the people who could be rescued in this manner).

I thank you all for considering these options.

Kind regards.

Dennis Tate

Inside South Africa's White Displacement Camps

p. s. I would suggest that discussions begin on ways in which Mr. Dave Bjorkman might perhaps be able to assist with the issue of Russia and China going after the estimated thirty five trillion dollars worth of oil and natural gas reserves in the warming Arctic?

http://www.politicalforum.com/index...dly-green-organizations-being-used-to.547695/
To what degree are supposedly Green organizations being used to....

Click to expand...

Prime Minister Justin Trudeau's daring political gambits have residents of Alberta close to being willing to leave the Confederation of Canada.........
I would love to see Mr. Peter MacKay come back into government to use his skills and experience to prevent this from happening.

Prime Minister Justin Trudeau initiated what I have came to think of as the
Reverse.... .Nancy Pelosi.... .Wrap Up Smear..... .on himself.......
(four negatives = a positive = a landslide victory back in 2015)!

Steve Long comments on Canadian election........

"- I have met Justin Trudeau three times. I prophesied to him about 8 years ago that God wanted him as the leader of the Liberal party of Canada. Sadly my last meeting with him in his office was very disappointing. He told John & Carol Arnott and me that evangelical Christians were the worst part of Canadian society. Not good." (Pastor Steve Long)
Click to expand...

By deliberately being rude to Pastor Steve Long, Pastor John Arnott and their wives.........
Prime Minister Justin Trudeau got a backlash from the most hated segment of Canadian culture......... Christians..... which he used like a wave and surfed that wave into a majority Liberal government in 2015!

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

How about the sales of weed and Molson?

They'd go through the roof!
Click to expand...

True..... .sales of weed and Molsons will also go through the roof!

You are correct about that...... but Mr. Maxime Bernier and I are very Libertarian in our approach to politics......
and that is a choice that I want Canadians to be free to make themselves!

But.... what number of Canadian women who are pregnant will choose to
bring their child to full term and raise their child or give their child up for adoption as opposed to having an abortion...... IF..... Canadians are given a Basic Minimum Income that can be financed through the Bank of Canada that is owned by all Canadian citizens anyway!????????????

DennisTate · May 28, 2019

I admit that it may sound strange for me to attempt to encourage Mr. Peter MacKay to
get involved in Canadian government again but.......
CIA economist Mr. Jim Rickards has me so worried that I put a variation on this
proposal in front of P. M. Benjamin Netanyahu and his supporters back on May 3, 2018:

P. M. Netanyahu, President Trump has a 4.3 trillion dollar problem....

DennisTate said: ↑

and you Sir.... have the technology that I believe is the answer to his dilemma with all those Petro - dollars that are out there in the hands of companies, individuals and nations that are not exactly friendly with the USA.

Yesterday, I found confirmation for the number of 4.3 trillion that I gave to M. P. Bill Casey on February 4, 2018:

In my opinion..... Jim Rickards is a genius.... and it is amazing that he knew about this way back in 2014!

https://pro.moneymappress.com/p/MMR...1525314934-571105120.1525314934&h=true&h=true

FORGET IRAN, IRAQ, UKRAINE
THIS IS WHERE WWIII STARTS...

P. M. Netanyahu..... your Sorek technology lays the stage for the answer to how to divert all those USA Petro- dollars in a manner that can be win - win - win - win - win - win for 99.9% of humanity, (theoretically mega- rich arms dealers who are selling non- USA made munitions might eventually lose revenue over the long term)?!

M. P. Bill Casey... President Trump has a 4.3 trillion dollar problem....

Click to expand...

It is traditional for Canadian troops to go into a major world war first..... and
then USA troops go in a few months later to help us. This was the
way things were done in both WWI and WWII so if CIA economist Mr. Jim Rickards is
correct that we are in the Economic Part of WWIII.......
then it seems appropriate that we Canadians should go in first!

My plan ..... once it is understood...... is to turn Canada into a nation of INVESTORS!

FORGET IRAN, IRAQ, UKRAINE
THIS IS WHERE WWIII STARTS...

DennisTate · May 28, 2019

I absolutely agree with Mr. David Sutherland's insightful comment on this subject:

David Sutherland:

Dennis Tate "Here’s another thought that I think will dovetail into your economics. Pension cheques, cheques for handicapped people, personal welfare cheques and baby cheques has no business being taxed by government as income.I’m sure a few more could be added. The case for the pensions cheques would be an easier to understand sell. The government has collected pension monies from employers and employees all their working life, this is money they had to invest, if they invested poorly that is the governments problem. So for this income the government received in trust from the taxpayers, remember even the employers portion really comes from the employee as that is factored into the wages paid, then the government returns a portion of this money held in trust so to guaranty a reasonable retirement and taxes it as income. Scam. Any other payments as to a purpose such as welfare is not an income but a helping hand for those that need it, why on earth would they set rates for financial relief and then clawback a portion of it. Scam. What’s your view Dennis. Economics is not really a strength of mine but as they affect people I tend to look at the view from that vantage point." (David Sutherland)
Click to expand...

Off the top of my head I would like to see Canadians given a quite high level of income before they begin to pay income taxes at all. There are numbers used to determine what the poverty level is......... and zero income tax until Canadians go over the poverty line is one way that the Canadian taxation system has been tweaked to be fairly reasonable.

I also want to see income taxes lowered and lowered until they are at very low levels.... .and pretty much only used to catch people who are misbehaving such as was done to Al Capone!

On This Day: Al Capone Convicted of Income Tax Evasion
October 17, 2011 06:00 AM

by finding Dulcinea Staff
On Oct. 17, 1931, Chicago gangster Al Capone was convicted of income tax evasion and later sentenced to 11 years in federal prison, ending his control of the Chicago underworld.
Click to expand...

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

Let me guess...

"For those unable, or unwilling, to work.", right?

Ugh, commies suck.
Click to expand...

There is a saying that about twenty percent of the population pay about eighty percent of the taxes and do about eighty percent of the work. I do believe that there is some truth in that idea.

Creasy Tvedt said: ↑

Don't despair. We've got a bubbleheaded bartender in Congress down here who thinks 3 + potato = Profit!
Click to expand...

I have to admit that the method of financing this Basic Minimum Income that I have explained here is rather complicated and will generate backlash but...... .there is a much more simple way to look at this topic.

Compound Interest over time grows to astronomical levels.

Since private banks are being used to create a huge percentage of Canada's total money supply we are actually creating MORE DEBT THAN MONEY.

This is not a particularly intelligent thing to do so....... is there an alternative?

Yes......... the total of all loans to all levels of government, business and individuals can be known, (with the exception of what loan sharks are loaning out because they don't claim income or pay income tax on their revenue).

The total amount of COMPOUND INTEREST OWING on all debts at all levels can be known at this time and....... it is THEORETICALLY POSSIBLE TO PUT A DIFFERENT NAME ON THE EXCESS OF INTEREST OWING....... minus Interest payable on saving accounts......... and the DIFFERENCE COULD THEORETICALLY BE CREATED AND PUT ON THE BOOKS AS AN ASSET TO LARGELY FINANCE THIS BASIC MINIMUM INCOME FOR ALL CANADIANS!

How is that for simplicity?

What should this be named?

How about the "Jubilee Initiative" after some of the brilliant ideas put forward by Moses / Moshe?

Was Moses - Moshe a brilliant economist?

DennisTate said: ↑

Is the following statement one of the most accurate ideas regarding what we human beings are actually capable of IF..............we can actually agree on the need for a particular project?

https://www.blueletterbible.org/kjv/gen/11/1/s_11001
Click to expand...

"And the LORD came down to see the city and the tower, which the children of men builded.
And the LORD said, Behold, the people is one, and they have all one language; and this they begin to do: and now nothing will be restrained from them, which they have imagined to do." (Genesis 11)

DennisTate said: ↑

Here is a suggestion that I believe we could come to basic agreement on........

The Sahara Forest Project...and saving New Orleans and Florida from rising oceans!

Did you know that there is an Islamic prophecy that the Islamic desert regions would be turned green in the latter days?????

This topic is of special interest to me because I live about a hundred miles from the Bay of Fundy. I live five kms from the ocean on the eastern part of Nova Scotia. In my area the difference between low tide to high tide is about one meter! The land form of the Bay of Fundy has a funnelling effect on tidal waters and so parts of the Fundy have a difference of fifteen to seventeen meters between low to high tide!

The question on my mind would be if ocean levels were to rise about thirty centimeters in my part of Nova Scotia, would they rise by four or five meters along parts of the Fundy????

There are 143,000 acres of farmland taken back from the Fundy by dikes that are probably in the position of the proverbial canary in a coal mine in relation to rising ocean levels!

Every cubic meter of H2O added to the water table of nations in the Middle EAst will NOT be on top of New Orleans, Florida, Holland, Bangladesh or those 143,000 acres along the Fundy!!!!!

I felt a huge sense of relief when I first heard about The Sahara Forest Project!

https://www.facebook.com/SaharaForestProject
Sahara Forest Project
April 19
Click to expand...

Thirty cms X 15 = 4.5 meters.
The difference from low tide to high tide where I live is about one meter but around Truro, N. S. it is about fifteen meters so...... the logic of a 15X multiplier in the area of the eastern Bay of Fundy does have a basis in basic Physics.

If average ocean levels rose by eight to ten cms (3 or 4 inches) could high tide...

... rise by one meter in the Isthmus of Chignecto in Nova Scotia, Canada?

This question is logical because the geography of Canada's Bay of Fundy produces the world's highest tides. In my part of Nova Scotia in Guysborough County there is very little funnelling of tidal waters......... so high tide is only about one to one point five meters above low tide.

In the eastern area of the Bay of Fundy high tide levels are up by ten to fifteen meters.

Creasy Tvedt · May 28, 2019

DennisTate said: ↑

There is a saying that about twenty percent of the population pay about eighty percent of the taxes and do about eighty percent of the work. I do believe that there is some truth in that idea.

I have to admit that the method of financing this Basic Minimum Income that I have explained here is rather complicated and will generate backlash but...... .there is a much more simple way to look at this topic.

Compound Interest over time grows to astronomical levels.

Since private banks are being used to create a huge percentage of Canada's total money supply we are actually creating MORE DEBT THAN MONEY.

This is not a particularly intelligent thing to do so....... is there an alternative?

Yes......... the total of all loans to all levels of government, business and individuals can be known, (with the exception of what loan sharks are loaning out because they don't claim income or pay income tax on their revenue).

The total amount of COMPOUND INTEREST OWING on all debts at all levels can be known at this time and....... it is THEORETICALLY POSSIBLE TO PUT A DIFFERENT NAME ON THE EXCESS OF INTEREST OWING....... minus Interest payable on saving accounts......... and the DIFFERENCE COULD THEORETICALLY BE CREATED AND PUT ON THE BOOKS AS AN ASSET TO LARGELY FINANCE THIS BASIC MINIMUM INCOME FOR ALL CANADIANS!

How is that for simplicity?

What should this be named?

How about the "Jubilee Initiative" after some of the brilliant ideas put forward by Moses / Moshe?

Was Moses - Moshe a brilliant economist?

"And the LORD came down to see the city and the tower, which the children of men builded.
And the LORD said, Behold, the people is one, and they have all one language; and this they begin to do: and now nothing will be restrained from them, which they have imagined to do." (Genesis 11)

Thirty cms X 15 = 4.5 meters.
The difference from low tide to high tide where I live is about one meter but around Truro, N. S. it is about fifteen meters so...... the logic of a 15X multiplier in the area of the eastern Bay of Fundy does have a basis in basic Physics.

If average ocean levels rose by eight to ten cms (3 or 4 inches) could high tide...

... rise by one meter in the Isthmus of Chignecto in Nova Scotia, Canada?

This question is logical because the geography of Canada's Bay of Fundy produces the world's highest tides. In my part of Nova Scotia in Guysborough County there is very little funnelling of tidal waters......... so high tide is only about one to one point five meters above low tide.

In the eastern area of the Bay of Fundy high tide levels are up by ten to fifteen meters.

Click to expand...

Um, what's the frequency, Kenneth?

DennisTate · May 28, 2019

Creasy Tvedt said: ↑

Um, what's the frequency, Kenneth?
Click to expand...

Listening right now!

10,526,901 views
R.E.M. - What's The Frequency, Kenneth? (Official Music Video)

and you may find this interesting.....

Zuckerberg's Minimum Basic Income idea is interesting!

BleedingHeadKen · May 28, 2019

"No wonder then that the national debts of all the civilized countries in the world are reaching astronomical proportions. For example, Canada's national debt, which was $24 billion in 1975, is now over $500 billion, and the interest on this debt costs over $40 billion per year, or about one third of all the taxes collected by the Federal Government; this percentage keeps increasing year after year. So, to satisfy the bankers, the Government must slash all its other expenditures."

The Canadian Federal borrows from banks rather than selling bonds?

DennisTate · May 29, 2019

BleedingHeadKen said: ↑

"No wonder then that the national debts of all the civilized countries in the world are reaching astronomical proportions. For example, Canada's national debt, which was $24 billion in 1975, is now over $500 billion, and the interest on this debt costs over $40 billion per year, or about one third of all the taxes collected by the Federal Government; this percentage keeps increasing year after year. So, to satisfy the bankers, the Government must slash all its other expenditures."

The Canadian Federal borrows from banks rather than selling bonds?
Click to expand...

Exactly!!!!!

We Canadians own our own bank....... the Bank of Canada.....
Our relatively competent and ethical federal and provincial level politicians used it from 1939 to 1974
to put roughly half the money supply into the Canadian economy.

We financed our part in WWII..... we built highways, schools, hospitals, universities and
lots of infrastructure. The provinces borrowed the money from the Bank of Canada...... then the
provinces passed the loans on to cities, towns, municipalities at a low rate of interest to build whatever they had to build........but.......

... here is something really wild........
when the provinces repaid the Bank of Canada..... for those loans to build infrastructure or other projects........
THE BANK OF CANADA PUT THE MONEY back INTO
THE CANADIAN TREASURY just like we Canadians do when we pay taxes............
so the net cost to the Canadian taxpayer was close to zero............

.... the only cost for all the infrastructure that was financed through the Bank of Canada was the fees of the Bank of Canada to
pay Bank of Canada employees........

The situation in the USA is somewhat different because the name Federal...... in the
title......"Federal Reserve"..... is rather misleading!!!!!!!

Three Canadian economists really explained this whole thing clearly back in 1996...... but since then.... it is hard to find experts who will go up against the guys who own the media..... and even attempt to tackle this topic....... because the guys who own the media...... do not want this to be understood by ordinary Canadians..... .or Americans.... because they are terrified about what could happen considering that President Donald Trump while campaigning called for an auditing of the Federal Reserve!

The Bank of Canada Must Finance our Country, Debt-Free

By Harold Chorney, John Hotson and Mario Seccareccia:

“Governments these days find it easy to defend cuts in services and programs. All they have to do is point to their annual deficits and their total accumulated debts. (As of March, 1994, Canada's public debt was about $546 billion.) This public debt provides the politicians with a convenient excuse for cutting spending or raising taxes. Or both. “We're broke”, they tell us plaintively. “We can't afford to increase public services, or even keep them at their present level.”

A lesson from the War

“As the deep recession dragged into 1992, Finance Minister Don Mazankowski said he couldn't do anything about it. His hands were tied, he said. The federal government was broke. The cupboard was bare. The deficit and accumulated national debt were so enormous that his first priority had to be to reduce them — even if that meant prolonging the recession and making it even worse.

“So his budget contained almost nothing to revive the sick economy. With interest payments on the debt gobbling up one-third of tax revenue, his response was to keep taxes high and axe more public services and agencies. Like Martin Luther before him, Mazankowski in effect proclaimed: «Here stand I. I cannot do otherwise.
......
Click to expand...

Technically.... I've read that the Bank of Canada seldom went over creating more than twenty five percent of the money supply of Canada but........
when we look at the long term......
and calculate the CLAW BACK EFFECT OF COMPOUND INTEREST by the private banks......... the statements made by these three economists that the Bank of Canada was in actually creating roughly half of Canada's money supply is I believe quite accurate.

This is a situation that Americans should be looking at very closely!

In 1974 Prime Minister Pierre E. Trudeau abandoned this truly brilliant system.........
my theory is that he was pressured into doing so by people capable of destroying him through their media organizations.........

and part of their reasoning was perhaps..... EUGENICS!!!!

1973 THE USA has Roe vs Wade.... and one year later Canada's Prime Minister makes arguably the biggest blunder made by a sitting Prime Minister in fifty years. There is a possible connection!

Here are the statistics for deaths among African Americans since 1973:

Abortion............15.5 million
Heart disease.....2,715, 416
Cancer ...............2,568,040
Accidents ..............447,803
Violent crimes .......354,392
AIDS .....................245,322

Of course OPEC oil prices played a role but...... it is impossible to drive the national debt of the USA up like this graph shows:

Unless something similar is organized for Canada at the same time:

Can we learn about the Washington Swamp from the Ottawa Swamp?

Hoosier8 · May 29, 2019

DennisTate said: ↑

WRONG!!!!

My plan is for this Basic Minimum Income to go to ALL THIRTY SEVEN MILLION CANADIAN CITIZENS and even to full fledged residents of Canada.

I would love for it to not even be taxable.......
but that could make it impossible to sell......
and I actually want to sell this idea to Mr. Maxime Bernier and
set the stage for him to be elected Prime Minister of Canada in October of 2019.

Mr. Bernier would clearly make the coolest Prime Minister of all possible options available:

Maxime Bernier: The Next Prime Minister of Canada? (Full Interview)
76,386 views
Click to expand...

So far where it has been tried it has not made people more productive. When you know where to feed, you find the trough. All that happens is that people feel better about not doing much.

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The Tate Plan for a Basic Minimum Income for all Canadians.

Can a Basic Minimum Income be financed by PRODUCTIVITY?

NO

YES

I would like to think so but I am having trouble imaging this working.

It would be nice if this were possible!

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