Nova Scotia Teachers Union... regarding your Strike Vote February 20....

DennisTate · Feb 15, 2018

I have an offer and a challenge that I would appreciate your passing around to your membership who are members of the NDP and Conservative parties.

NDP and Conservative unity against the federal Liberals for 2019 can shift the provincial McNeil government within weeks..........

The accounting problems that Premier McNeil is facing were set in motion by
Prime Minister Pierre Elliott Trudeau back in 1974 but..........
...... most politicians are scared to even talk about it.......
because multiple billions of dollars are at stake.

http://www.politicalforum.com/index...ndp-unity-to-destroy-liberals-in-2019.526258/
Conservative and NDP unity to destroy Liberals in 2019?

"We never should have privatized our debt and turned it over to the
private banks, we should have kept it in the hands of the Bank of Canada,
at least a major part of it, because then we would have been paying
interest back to ourselves." (NDP Leader Jack Layton)
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Oh Canada Movie 6 - Banking - 5

DennisTate · Feb 15, 2018

The best theory that I have on this so far......
is that some of P. M. Pierre E. Trudeau's advisors came up with a way
to make electricity from Churchill Falls virtually free of cost to Quebec........

... they convinced P. M. Pierre E. Trudeau to make a serious error
that is costing Canadians billions of dollars in interest payments annually.........
and Premier McNeil like a good bureaucrat is obediently hacking and slashing here and there to save pennies.........

"Churchill Falls provides an example where natural resources did not lead
to economic empowerment. The government of Newfoundland and Labrador
wanted to develop a massive hydroelectric project on the Churchil River in Labrador in the
1960's. To make the development profitable, it needed to get the electricity from the site of Churchill Falls
to markets in the United States.

The provincial government tried to negotiate an agreement with the government of Quebec
to allow the electricity to cross Quebec to the market in the United States. Instead, of agreeing
to that however, the Quebec government wanted to buy the electricity from Churchill Falls itself.
It would then resell the electricity to U.S. customers.

By doing this, the government of Quebec would obtain the larger profits than the government of Newfoundland
and Labrador, even though Newfoundland and Labrador owned the resource.

The government of Newfoundland and Labrador asked the federal government to use its constitutional power to force Quebec
to cooperate, but the federal government chose not to anger Quebec by intervening in the dispute.

The people of Newfoundland and Labrador were furious. Since 1972, Hydro - Quebec (owned by the province
of Quebec) has earned an estimated $23.8 billion from the sale of Churchill Falls electricity to the United States,
but Newfoundland and Labrador has earned only 3 percent of that amount. The contract does not expire until 2041."
(Canadian Identity, Nelson, page 277, 2006)
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DennisTate · Feb 15, 2018

Most Canadian economists will not touch this topic with a ten foot pole.........
but Harold Chorney, John Hotson and Mario Seccareccia gave a great explanation of what
really happened and the effect that it is having on Canadians.

https://www.michaeljournal.org/arti...ce-our-country-debt-free-say-three-economists

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

“But it doesn't take an economist to see that in fact he could. All you have to do is imagine what the government would do if it got involved in another Gulf War — or if that war were still raging. Would the Finance Minister have brought down the same kind of budget? Would he have said, «We'd like to keep on fighting, but we're broke, so we're calling our troops back»? Not on your life!

“Did Canada surrender half way through World War II because the national debt had grown even larger than the Gross Domestic Product (GDP)? Of course not! Somehow the extra money was found. If it wasn't by raising taxes or borrowing from the private banks, why, the Bank of Canada simply created all the money the government needed — and at near-zero interest rates, too!

“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!”
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DennisTate · Feb 15, 2018

A Strike is not what you need.......
all you need to do is do a reality film.... starring Nova Scotia Teachers Union Members who
are active members of either the NDP or Conservative Parties..............
(and Liberals who are not comfortable with the direction that P. M. Trudeau and his advisors are taking their party and their nation).........

...... Part of your reality film series should address some questions relevant to
residents of the towns of Truro and Pugwash, N. S.

http://www.politicalforum.com/index...ump-has-a-4-3-trillion-dollar-problem.525406/

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

DennisTate · Feb 15, 2018

Let's get back to some history.......

(Harold Chorney, John Hotson and Mario Seccareccia):

https://www.michaeljournal.org/arti...ce-our-country-debt-free-say-three-economists

The updated version (January, 1996) of the pamphlet expresses the same ideas:

“The Bank of Canada was established in 1935 by an Act of Parliament. In its legislative mandate, it is directed to promote economic growth and employment, as well as preserving the value of the Canadian dollar.

“Shortly after the Bank opened its doors, it was faced with the bankruptcy of provincial governments due to the Depression. Interpreting its mandate widely, as it is supposed to do, it made precedent-setting loans to restore the finances of Manitoba. Generous loans to other provinces followed.

“World War II found Canada ready and determined to act in the Allied cause. The war effort of the federal government was financed through enormous deficits and very low interest rates brought about by the Bank of Canada. At war's end, the national debt stood at about 120% of Gross Domestic Product (GDP), nearly double the level of today. Yet Canada went on to enjoy the greatest period of economic growth in its history...

“(Now) the Bank of Canada has decided that any government spending not financed by taxation is inflationary, so it no longer extends credit to the government by holding bonds and Treasury bills. Its small holdings of government debt are confined to the banknotes needed by the economy for currency in circulation...” (End of 1996 updated version's excerpts.)

Interest rates and inflation

“Thousands of years of sad experience with the concentration of wealth and debt slavery caused all the ancient books of wisdom — including the Bible and the Koran — to condemn the charging of immoderate rates of interest.(...) The conventional wisdom, however, is that inflation is the greatest threat to the economy and must be restrained by raising interest rates. This flies in the face of the common-sense observation that rising prices (inflation) are caused by rising costs, and that interest rates are costs. So raising them will raise prices, not lower them.

“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."

The creation of money

“One of the most pervasive myths about the government deficit is that governments which spend more than they receive in revenue must borrow the difference, thus increasing the public debt.

“In fact, a government can choose to create the needed additional money instead of borrowing it from the banks, the public, or foreigners.

“Business and the conservatives in politics and the media are horrified by the suggestion that the government exercise its right to create more money. They claim it would precipitate another ruinous bout of inflation.

“But money creation is money creation — whether by a private bank or the Bank of Canada. And a government in debt only to the government's own bank is not really in debt at all. If it wants to go through the rigamarole of having the Treasury «borrow» from the central bank and later pay interest, that is a minor matter of bookkeeping. As long as the central bank's profits are returned to the Treasury, the results are much the same as if the Treasury had created the money itself.

“There is no reason why the growth of Canada's money supply (averaging about $22 billion annually in recent years) could not be more substantially created by the Bank of Canada. If that policy had been followed, the federal government would not have been obliged to add to its debts to pay interest on old debts. Instead, the Bank of Canada has produced barely 2% of the money added in recent years, while the chartered banks added the rest as they made loans to households, businesses, and all levels of government. At the very least, the Bank of Canada and the chartered banks should share the privilege of creating money on a 50-50 basis.

“Those who dismiss such a proposal as “inflationary” should be required to explain why it would be more inflationary for the government's bank to create $11 billion and the private banks $11 billion, rather than the present practice of having the government's bank create $0.7 billion and the private banks $21.3 billion!

“Clearly the current problem of the Canadian government's deficit is not its absolute size, or its size relative to the GDP, but the insane way it is being financed. A return to the policies of the World War II era, when the Bank of Canada produced almost one-half of the new money at near-zero interest, would do wonders for the economy, while greatly shrinking the deficit... The first order of business for a post-Mulroney-era government must be to regain effective control of the Bank of Canada and make it the primary source of money creation.

“It is ludicrous for the government to put billions of dollars into circulation by borrowing from the private banks, when it can create the extra money it needs, virtually free.”

Banks create money

“We have to keep in mind that our monetary economy only grows when the money supply grows. Under the present debt-driven system, the only way we can increase the money supply is by borrowing it into existence from the private banks, thereby increasing our indebtedness to them.

“It can't be stressed too much that the private banks, unlike non-bank lenders, create the money they lend. They do not — as is so widely imagined, even by the bankers themselves — lend their depositors' money. The amount of new money created by a bank loan, however, is only sufficient to pay back the principal. No money is created to pay the interest, except that which is paid to the holders of bank deposits. That's why debts must continually grow faster and faster in order for each layer of additional debt and interest to be paid.

“If that strikes you as a very dumb and dangerous way to operate a monetary system, you're right. Clearly it would be much safer and more sensible to have at least a large amount of the needed new money spent into circulation debt free by the federal government — or lent by it interest free to the junior levels of government which lack the power to create money. Reform of the monetary system is therefore the key to controlling the deficit and lowering the public debt.” (End of the three economists' pamphlet.)

* * *
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DennisTate · Feb 15, 2018

Silly silly me.......
a strike would be awesome.......
but I believe it should be combined with youtube and vimeo videos......
produced by Nova Scotia's young film makers..........
and some of the scenes could be of Nova Scotia Liberals cutting up their membership cards........
and joining another party of their choice...........

.... that would make for very interesting footage indeed..........

Some of the films should deal with an alternative theory on climate stabilization that I have been promoting since 2007....

http://www.politicalforum.com/index...for-25-million-virgin-earth-challenge.371794/

My two somewhat humorous submissions for $25 million Virgin Earth Challenge.

DennisTate said: ↑

Anti-Armageddon Paradigm Shift Monetary Policy Theory The Introduction.
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DennisTate said: ↑

http://www.virginearth.com/

"Dr James Hansen, Director of NASA's Goddard Institute for Space Studies: "I think we have a very brief window of opportunity to deal with climate change ... no longer than a decade, at the most. This is why I am supporting the Virgin Earth Challenge as a judge " we must explore all means, both known and unknown, to help alleviate this crisis."

Dennis Tate
March 15, 2007

Sir Richard Branson
Virgin Earth Challenge
120 Campden Hill Road
London W8 7AR
United Kingdom

Dear Mr. Branson:

It is my firm belief that the number one technological device to reduce atmospheric greenhouse gases has already been invented. It is the tree.

What is desperately needed at this time is not necessarily a new mechanical device but instead a paradigm shift in economic theory regarding monetary policy. We require a readily understandable explanation on how leaders in business and government can direct not only millions, but actually trillions of dollars of investment into combating global warming.

One of the most effective practical methods that could be put into place in the least amount of time would be dozens of the largest possible desalinization plants all along the Mediterranean and Red Seas. Huge quantities of fresh water could be dripped onto the Sinai and Sahara deserts and voila, well chosen species of newly planted fast growing trees could soon change the color of these relatively desolate areas, significantly reduce atmospheric CO2, positively affect local weather patterns and at the same time significantly counterbalance the increases in worldwide ocean levels as the polar ice caps melt. This will buy us some extra time and thus expand the "very brief window of opportunity to deal with climate change."

So who is going to finance the construction of all these massive installations not to mention the planting of all those seedling trees?

I believe that it is possible for you to do this yourself Mr. Branson. You have already created a Virgin currency unit/coupon which has astonishing long term potential. My wife Maria Jose just returned from a two week trip to the British VIRGIN Islands. It is theoretically possible to link your Virgin coupon with the national currency of a small nation and you could soon be playing around in macro-economics. Considering the volume of business being done through your Virgin Group I would submit that you already are.

Pope Benedict XVI may be in an even stronger position than you Mr. Branson to transform the world economy virtually overnight through the introduction of a new Vatican Currency Unit that could be linked with each and every national currency where the Vatican State is free to do business.

I plan to elaborate in great detail on these two major alternatives in a later writing but I felt that you and your staff should now see the simple explanation that I wrote up for applying this theory within a micro-economy to greatly reduce unemployment. Although combating global warming would seem to be a conflicting goal to job creation, there need be no dissonance when we all have a better grasp of the big picture.

I ran as an independent for the office of MLA in the most recent Nova Scotia provincial election.

Dennis Tate primary campaign writing for June 13/06 election
http://www.bankingsystemflaws.blogspot.com/

My name is Dennis Tate. I lived most of my forty seven years in West Lochiel Lake, Guysborough County. I am running for MLA as an independent in the area of Pictou Centre so that I can help as many people as possible become more aware of what I am sure is the real reason why our roads are in disrepair, why hospital beds are unused, why so many of the rural schools have been shut down, why our soldiers in Afghanistan are poorly equipped and why many if not most of our young people may have to leave Nova Scotia to find jobs.

When well trained workers have high quality technology to work with then the total of all wages and benefits paid out to employees is only a fraction of the retail value of the products they produce. As a result of this fact the only way to move products out of warehouses is to extend higher and higher levels of credit. One problem with an abundance of red ink is that compound interest on all this government, business and personal debt over a period of decades will grow to astronomical levels. At this time there is approximately TEN TIMES as much debt in Canada as there is money. A simple explanation for how this happened can be seen here:
http://www.michaeljournal.org/plenty34.htm

In my opinion this rather simple mathematical problem is perhaps the number one cause of inflation in the Canadian economy over the past three decades. This is also perhaps the number one reason why our costs of production are so high and Canadian products cannot compete on the world markets as well as they could under better conditions.

From 1940 to 1970 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 1970 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?
1. If we will do our homework and study this question we can put pressure on our provincial level politicians to create a provincially owned bank. A true Bank of Nova Scotia owned by all Nova Scotians could be used to finance town and municipal government projects at zero or one percent interest just as The Bank of Canada used to do.

2. Town and municipal government officials in New Glasgow, Stellarton and Trenton should seriously consider creating a local currency unit such as has been done in Ithaca, New York.
http://www.ithacahours.org/directory.php
This is a great way to promote local businesses and help sustain rural economies.

3. It is also possible for groups of concerned individuals to get together and organize a local barter exchange as a cooperative. Mr. Rob Assels has been instrumental in just such an initiative in the Tatamagouche and River John area so surely we can get similar organizations up and running here in New Glasgow, Pictou, Stellarton, Trenton and Westville. Here is a link into the Halifax LETS system:
halifaxlets.com/

Let's discuss the various options available on the Pictou County Portal Message board. If you have trouble using this technology maybe you could hire a young person to help you get started?
...pcconnects.ca/portal/c/portal/layout

I just completed the first year of the Information Technology Program at Stellarton Campus of NSCC. I am running in Pictou Centre because I know that the towns of New Glasgow, Stellarton and Trenton have the people, the industrial base and the technological capability to become powerhouses of job creation not only for this area but also for all the surrounding regions.

"The wealth that is in the city comes from the countryside."
Creating new jobs in New Glasgow, Stellarton, and Trenton will ultimately depend on job creation in the surrounding rural areas.

Thank you immensely for taking the time to consider these points. By deciding to vote for me on June 13 you will be sending a clear message to the various political parties that you want them to take a serious look at these flaws in our monetary system and at these possible remedies. From now on if a politician tells you that they have to close down a school because of budgetary restraints, you may know far more about what is really happening than they do.

Warmest regards,

Dennis Tate

p.s. I shall be back to you shortly Sir with an explanation of how your Virgin Group could implement this theory in a form that for all intents and purposes could be patented/copyrighted.

"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 11:6 KJV).

"A feast is made for laughter, and wine maketh merry: but money answereth all [things]." (Ecclesiastes 10: 19).
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DennisTate · Feb 15, 2018

http://www.cbc.ca/news/canada/nova-scotia/nstu-strike-vote-1.4533899

Nova Scotia Teachers Union set to vote on strike mandate
NSTU wants strike mandate if government doesn't back down from implementing Glaze report

The Nova Scotia Teachers Union has announced it will hold a strike vote next Tuesday — an unexpected and illegal retaliation against the Liberal government's move to enact sweeping changes to the province's education system.

The union says the decision is directly related to the plan to implement some of the recommendations in the recently released Avis Glaze report, aimed at overhauling Nova Scotia's education system and improving grades.

If teachers vote in favour of a strike mandate, it would clear the way for the union to start job action. However, it wouldn't necessarily mean the province's teachers would go on strike.

The NSTU recognizes that any job action would be illegal.

"Right now we are not in a legal strike position," said NSTU president Liette Doucet Tuesday. "However we have had votes for illegal strikes in the past."

Teachers union pulls co-chair from classroom council over Glaze report

Ready to consider all options
During last year's contract dispute with the province, teachers adopted work-to-rule, carrying out only the minimum amount of work required by their contract.

"I'm not saying anything about any specific type of job action, however they're willing to consider all the options," Doucet said Tuesday.

In an email that went out to NSTU members outlining the strike mandate vote on Feb. 20, Doucet wrote that teachers could not "sit on our hands."

"We believe this will put us in a strong position to fight back against a government that refuses to consult and has a hard time listening," the email read.

Glaze report 'does nothing' for students: union
The teacher's union says the changes proposed by the Glaze report will hurt students.

"This report does nothing," Doucet said. "The recommendations do nothing to make the improvements necessary to make sure students are successful."

When CBC News asked Doucet if she could offer an example of how a student could be negatively affected by a Glaze report recommendation, she wasn't able to do so.

"I'm not prepared to do that right now, but as we go through I may be able to come up with some scenarios that would really illustrate what we're talking about," she said.

"I think that our members agree the situation is dire, that we need to stand up to do what is necessary to protect public education."
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DennisTate · Feb 15, 2018

I posted this thread only fourteen hours ago and I have 514 views already.........
obviously this has struck a chord with some readers.

If you want to get any action out of Premier McNeil.......
get his boss...... P. M. Justin Trudeau to put some pressure on him..........

http://www.politicalforum.com/index...ndp-unity-to-destroy-liberals-in-2019.526258/

Conservative and NDP unity to destroy Liberals in 2019?

DennisTate · Feb 19, 2018

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

The Public-Debt Problem
Written by Alain Pilote on Monday, 30 June 1986. Posted in In This Age of Plenty (book)

Notice how the public debt of Canada took off after 1974.

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Nova Scotia Teachers Union... regarding your Strike Vote February 20....

Did P. M. Pierre E. Trudeu make a serious error in 1974 that makes Canada look relatively poor?

No....

Yes....

I am not sure but I am researching this theory.

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Nova Scotia Teachers Union... regarding your Strike Vote February 20....

Did P. M. Pierre E. Trudeu make a serious error in 1974 that makes Canada look relatively poor?

No....

Yes....

I am not sure but I am researching this theory.

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

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