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    Posted December 19, 2011 by
    galacticrt

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    Canada Sues IMF over Canadian Sovereignty

     
    PRESS RELEASE TORONTO, ON., CANADA- 19/12/2011
    TWO CANADIANS AND A CANADIAN ECONOMIC THINK TANK CONFRONT THE GLOBAL FINANCIAL POWERS IN THE CANADIAN FEDERAL COURT.


    THE CANADIANS PLEAD FOR DECLARATIONS THAT WOULD RESTORE THE USE OF THE BANK OF CANADA FOR THE BENEFIT OF CANADIANS AND REMOVE IT FROM THE CONTROL OF INTERNATIONAL PRIVATE ENTITIES WHOSE INTERESTS AND DIRECTIVES ARE
    PLACED ABOVE THE INTEREST OF CANADIANS AND THE PRIMACY OF THE CONSTITUTION
    OF CANADA


    Canadian constitutional lawyer, Rocco Galati, on behalf of Canadians
    William Krehm, and Ann Emmett, and COMER (Committee for Monetary and
    Economic Reform) on December 12th, 2011 filed an action in Federal Court,
    to restore the use of the Bank of Canada to its original purpose, by
    exercising its public statutory duty and responsibility. That purpose
    includes making interest free loans to municipal/provincial/federal
    governments for “human capital” expenditures (education, health, other
    social services) and /or infrastructure expenditures.


    The action also constitutionally challenges the government’s fallacious
    accounting methods in its tabling of the budget by not calculating nor
    revealing the true and total revenues of the nation before transferring
    back “tax credits” to corporations and other taxpayers.


    The Plaintiffs state that since 1974 there has been a gradual but sure
    slide into the reality that the Bank of Canada and Canada’s monetary and
    financial policy are dictated by private foreign banks and financial
    interests contrary to the Bank of Canada Act.


    The Plaintiffs state that the Bank of International Settlements (BIS), the
    Financial Stability Forum (FSF) and the International Monetary Fund (IMF)
    were all created with the cognizant intent of keeping poorer nations in
    their place which has now expanded to all nations in that these financial
    institutions largely succeed in over-riding governments and constitutional
    orders in countries such as Canada over which they exert financial
    control.


    The Plaintiffs state that the meetings of the BIS and Financial Stability
    Board (FSB) (successor of FSF), their minutes, their discussions and
    deliberations are secret and not available nor accountable to Parliament,
    the executive, nor the Canadian public notwithstanding that the Bank of
    Canada policies directly emanate from these meetings. These organizations
    are essentially private, foreign entities controlling Canada’s banking
    system and socio-economic policies.


    The Plaintiffs state that the defendants (officials) are unwittingly and
    /or wittingly, in varying degrees, knowledge and intent engaged in a
    conspiracy, along with the BIS, FSB, IMF to render impotent the Bank of
    Canada Act as well as Canadian sovereignty over financial, monetary, and
    socio-economic policy, and bypass the sovereign rule of Canada through its
    Parliament by means of banking and financial systems.


    A press conference will be held on Wednesday, December 21st, 2011 at 10:00
    a.m. to answer any questions the media may have of the Plaintiffs at: 637
    College Street, Suite 203, Toronto, Ontario.
    http://ireport.cnn.com/docs/DOC-659570
    http://youtu.be/lXxhrmV_CGY
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