This movie presents these issues that affect every Canadian from the perspective of and delivered by concerned youth in a astute and colourful manner. This is a serious journalism piece that asks the tough questions directly to such politicians as Former Prime Minister of Canada Paul Martin, Canadian Finance Minister Jim Flaherty, Green Party Leader Elizabeth May, Ontario Gas Man Dan McTeague, NDP Leader Jack Layton, Mayor of Oshawa John Gray, Former Prime Minister of Canada John Turner and many more!
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FunTranscript
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00:01:23Oh, Canada.
00:01:26♪♪
00:01:32Have any of you been watching the news lately
00:01:34and thought to yourself,
00:01:37what the hell is going on?
00:01:40You can't change the channel without hearing about
00:01:42and another election already?
00:01:45What could all of this mean?
00:01:48Well, let's start off with money.
00:01:51Where does it even come from?
00:02:00Aaaaaah!
00:02:04Where do I think it comes from?
00:02:06Like it's made?
00:02:08Um, I don't know, the government?
00:02:10Money comes from, uh, paper.
00:02:15I believe it comes from trees.
00:02:17Yeah, exactly.
00:02:18In the long run I think it comes from trees.
00:02:20No, I believe money, I actually, I'm not 100% sure.
00:02:24I'm not certain.
00:02:27That's a trick question, why?
00:02:30Well, it's a, that's a,
00:02:33it's actually an interesting question.
00:02:35The, first of all, money is, uh,
00:02:42prior to money,
00:02:44this is going to sound like a long answer,
00:02:46but I'm not quite sure I know the nature of your question,
00:02:48but let me see how I can handle it.
00:02:50Prior, thank you.
00:02:51Prior to, uh,
00:02:54prior to money, essentially,
00:02:57trade, uh...
00:03:01It's actually simple.
00:03:03Over 95% of our money is created by private banks.
00:03:06Prior to money, essentially.
00:03:10That means there's less than 5% of government-created money.
00:03:15Let's look at the differences between
00:03:17creating the money ourselves
00:03:19and borrowing it from private banks.
00:03:21Creating the money ourselves
00:03:23pretty much just costs the labor to print it
00:03:26and the hard work to back it up.
00:03:28While borrowing money from private banks
00:03:30can cost up to 10 times or more than the principal
00:03:33before it's paid.
00:03:35Don't believe me?
00:03:37I think that the problem isn't necessarily,
00:03:39in my opinion,
00:03:41that we issued that debt
00:03:43through a competitive bond process.
00:03:46The issue is that the level of spending
00:03:50that we engaged in was not appropriate
00:03:53and we got into a situation where we spent too much.
00:03:56This is Canada's federal debt.
00:03:59From 1867 to 1992,
00:04:02we owed $423 billion.
00:04:05However, 91% of this debt
00:04:07is the result of interest on interest.
00:04:10And only 8% of the money was actually used
00:04:13on real things, like goods and services.
00:04:15But now we have to pay back
00:04:17over 10 times what we needed
00:04:19simply because we borrowed from private banks
00:04:21instead of ourselves.
00:04:23So where do these private banks
00:04:25get their billions of dollars from
00:04:27that they lend out?
00:04:29Nowhere!
00:04:31They just write down a number
00:04:33on a piece of paper
00:04:35and lend it out as if it was money
00:04:37to families trying to put a roof over their heads,
00:04:40students trying to get an education,
00:04:42or governments looking to improve the country.
00:04:45Banks then get paid
00:04:47multiple times more than the principal.
00:04:50Banks then get paid
00:04:52multiple times back
00:04:54with your hard work.
00:04:56Every time they issue a loan,
00:04:58they are creating brand new money.
00:05:00It never existed before you walked into the bank.
00:05:03So pretty much like you say,
00:05:05I go into a bank,
00:05:07I say, you know,
00:05:09can I have $10,000 to pay for my college?
00:05:11They say, sure, let me just go run this off the machine
00:05:14and then you can pay us back with your hard-earned money.
00:05:17That's pretty crazy.
00:05:19It's easy to believe that they're lending you
00:05:21what's inside their vaults,
00:05:23but it couldn't be further from the truth.
00:05:25For instance, banks.
00:05:27Do banks have the amount of money
00:05:29that they have in reserve?
00:05:31The answer is no.
00:05:33There's about $50 billion of real cash in Canada.
00:05:36All the private banks combined
00:05:38only have $4 billion in their vaults,
00:05:40or what they call reserves.
00:05:42And yet they've lent out
00:05:44$1.5 trillion,
00:05:46which they then charge interest on.
00:05:48I think that the amount of money
00:05:50that's held in reserve in Canada,
00:05:52you're right, it's pretty low.
00:05:54One of the reasons it's so low
00:05:56is because our banking system
00:05:58is as stable as it is.
00:06:00Um, okay.
00:06:02So what would happen
00:06:04if we simply wanted our money back?
00:06:06We would have a credit crisis
00:06:08and the system would not be sustainable.
00:06:11So we'd have to reorganize
00:06:13and restructure,
00:06:15which I think is a good thing.
00:06:18Which is what happened, actually,
00:06:20in the Depression.
00:06:22I don't see that happening again.
00:06:24But theoretically, that's what would happen.
00:06:26Oh yeah,
00:06:28that sounds like a stable system.
00:06:30So isn't it
00:06:32a little bit fraudulent, though,
00:06:34if I were to walk into a bank
00:06:36and they give me a receipt
00:06:38that I can redeem at any time,
00:06:40but it's only noticed
00:06:42that it would be called fraud
00:06:44if everyone came to the bank
00:06:46and invested their money?
00:06:48I'm going to answer your question,
00:06:50but I want to go back to mine.
00:06:52This is the huge change
00:06:54of the last five years.
00:06:56It's not fraudulent.
00:06:58It's not fraudulent.
00:07:00Because everybody understands it.
00:07:02No one really understands it.
00:07:04Well, okay.
00:07:06Those who know about it
00:07:08knew about it,
00:07:10so it was not fraudulent.
00:07:12I've talked to teachers
00:07:14and MPPs,
00:07:16and they had no idea
00:07:18that there was only
00:07:20$4 billion in the vaults,
00:07:22but over $200,000 was lent out.
00:07:24Let me go back.
00:07:26Well, the fact that
00:07:28they didn't know it,
00:07:30they should have...
00:07:32But really, no one does.
00:07:34Should that be involved a little bit more
00:07:36before we start using money,
00:07:38that we should be told
00:07:40where it comes from?
00:07:42Okay, so it's one thing
00:07:44to lend out money you just don't have,
00:07:46but how can you charge interest
00:07:48on nothing,
00:07:50and not just any kind of interest?
00:07:52Compounded interest.
00:08:00Here's a fun way to explain
00:08:02the difference between regular interest
00:08:04and compounded interest.
00:08:06Imagine lending someone $1
00:08:08at the time Christ was born
00:08:10at, let's say, 6% interest.
00:08:12Ready?
00:08:14Go!
00:08:40Jesus Christ is right!
00:08:42This is especially scary
00:08:44when you consider that
00:08:46all credit cards,
00:08:48loans, and mortgages
00:08:50are all to be paid back
00:08:52with compounded interest.
00:08:54By the way,
00:08:56if you translate the word mortgage
00:08:58to its original language, French,
00:09:00it literally means
00:09:02death pledge,
00:09:04because people will often
00:09:06work their whole lives
00:09:08to pay off their home
00:09:10by the time the banks have made all their money.
00:09:12Interestingly enough,
00:09:14the French Canadians use a different
00:09:16word for mortgage called
00:09:18hypotech,
00:09:20probably because no one in their right mind
00:09:22would sign up for something called
00:09:24a death pledge.
00:09:26Could you imagine?
00:09:31So coming back to our analogy
00:09:33on compounded interest,
00:09:35you can probably see why Jesus threw the bankers
00:09:37out of the temple in the New Testament.
00:09:39And look what ended up happening
00:09:41to him.
00:09:49It's interesting how the operation
00:09:51of banks in Canada are all
00:09:53textbook examples of fraud,
00:09:55counterfeit,
00:09:57and theft.
00:10:02There was no fraud.
00:10:04People should have known.
00:10:06But there really is a problem.
00:10:08And that is
00:10:10that
00:10:12the people who knew
00:10:14didn't stop it.
00:10:18Now if I did what these private banks
00:10:20do on a daily basis,
00:10:22I would end up here.
00:10:25Here.
00:10:28Or maybe here.
00:10:33So how come the banks can break the law,
00:10:36but no one else can?
00:10:38Well, it's technically not breaking
00:10:40the law when our elected officials
00:10:42create bogus legislation
00:10:44like what's contained in the Bank Act.
00:10:46It says that banks can lend out
00:10:48as much money as they want
00:10:50without having to have a single dollar.
00:10:56In 1991,
00:10:58there was legislation passed in the Bank Act
00:11:00that stated that
00:11:02reserve requirements for banks
00:11:04is completely nil.
00:11:06They don't need to have a dollar
00:11:08in their vaults to actually issue out money.
00:11:12I don't know if I can agree with you on that.
00:11:15Well, maybe you'll agree with the office
00:11:17of Jim Flaherty when they say
00:11:19there is no statutory reserve
00:11:21for banks in Canada.
00:11:23And not that they don't have
00:11:25no reserves,
00:11:27because they do, but according to
00:11:29the bank...
00:11:31Chuck Ray?
00:11:36Yeah, go ahead.
00:11:50I had read that
00:11:52somewhere in the Bank Act of Canada
00:11:54that it was allowed that
00:11:56somewhere between 1990 and 1991
00:11:58that reserve requirements for banks
00:12:00would be phased out
00:12:02in the next few months.
00:12:04I tightened them up.
00:12:06So they have returned to...
00:12:08I tightened them up.
00:12:10They were eased up.
00:12:12Conservatives eased them up
00:12:14in 1990 or 1991,
00:12:16and I tightened them up in 1995.
00:12:18So what did you make then?
00:12:20You said between...
00:12:22What they are now.
00:12:24It's roughly 7 to 1.
00:12:26But I want to go back to the main question.
00:12:28Maybe he means he tightened it up so much
00:12:30that it slipped right through his fingers
00:12:32back into legislation.
00:12:34Because although there are other
00:12:36complex regulations
00:12:38that banks still have to meet,
00:12:40our government has given
00:12:42private companies the authority
00:12:44to break the law, which in turn
00:12:46is bankrupting the people
00:12:48and the government itself.
00:12:50And then when our government
00:12:52decides to so-called
00:12:54fix the mess that they created,
00:12:56they simply make cuts
00:12:58to all the programs that we'd like
00:13:00to spend our tax dollars on
00:13:02and instead direct it towards
00:13:04an inescapable debt.
00:13:09Anyway, I decided
00:13:11I'm going to get my $5.
00:13:13So I got to go in the bank, right?
00:13:15It's hard, because they're open
00:13:17for like 10 seconds, and then they close.
00:13:19They're never open.
00:13:21But I go in.
00:13:23I get to a teller, and I say,
00:13:25I need $5.
00:13:27What happens is we charge you another $15
00:13:29for only having $5.
00:13:31So now, you know how much I have?
00:13:33I have negative $10.
00:13:35Negative $10. That means I don't even have
00:13:37no money.
00:13:39I wish I had nothing,
00:13:41but I don't not have
00:13:43any money. I don't have it.
00:13:45I can't afford something that doesn't
00:13:47cost anything. I can't afford it.
00:13:49If somebody goes, hey, it's free.
00:13:51I can't afford that. That costs nothing.
00:13:53I need $10 to be broke.
00:13:58So on a daily basis,
00:14:00how much exactly are we spending on this
00:14:02pointless debt?
00:14:06I don't even know.
00:14:08A lot of money.
00:14:10Like $100,000, maybe more.
00:14:12We spend $160,000,000 every day.
00:14:14Are you serious?
00:14:16Oh my God!
00:14:18That's right.
00:14:20According to Statistics Canada,
00:14:22both federal and provincial debt
00:14:25combined, we're paying
00:14:27$160,000,000 each
00:14:29and every day,
00:14:31or $60,000,000,000 every year.
00:14:36Let's put all this into perspective.
00:14:38The largest counterfeiters
00:14:40in Canada produced
00:14:42$3.5 million and were sentenced
00:14:44to 5 years in prison.
00:14:46The largest bank robberies in Canada,
00:14:48committed by the stopwatch gang,
00:14:50stole about $15,000,000
00:14:52and got 16 years in prison.
00:14:54As a result of
00:14:56borrowing from private banks,
00:14:58$160,000,000 goes missing
00:15:00every day.
00:15:02And no one even gets fired.
00:15:07So what you're saying is pretty much
00:15:09the banks that are in Canada that are
00:15:11chartered by Parliament
00:15:13are pretty much just robbing
00:15:15the Canadian government and in turn
00:15:17the Canadian citizens because they're causing us
00:15:19to have a higher tax rate than required.
00:15:21You know, just to dig into their pockets
00:15:23and get themselves a little bit richer.
00:15:25So what could you do
00:15:27with $160,000,000 every day?
00:15:31Oh my god.
00:15:33What I would do, I would pay off my
00:15:35school, I would pay off
00:15:37my parents' mortgage.
00:15:39Like holy, I'd go on like 10 trips.
00:15:43Let's start out with $160,000,000
00:15:45for a lifetime.
00:15:47Never mind a day, buddy.
00:15:49Because I'd be in a forever party.
00:15:51I have no idea.
00:15:53$160,000,000? Like that's so much
00:15:55money. I wouldn't even know what to do with it.
00:15:57You'd become pretty selfish, I think, right?
00:15:59You'd be self-centered, that's for sure.
00:16:01Because you wouldn't have a thing to care about.
00:16:03If you really wanted to, you could
00:16:05buy the Maple Leafs franchise just after
00:16:07a few days and still have millions
00:16:09left over to party with.
00:16:11Probably to try and forget that
00:16:13you bought the Leafs franchise.
00:16:15Or you could buy
00:16:17enough beer to keep the whole country
00:16:19wasted 24-7.
00:16:21I think we'd get a lot of
00:16:23votes for that.
00:16:25I got an idea.
00:16:27How about as an incentive
00:16:29to pay off the debt,
00:16:31we start stacking the payments
00:16:33with $100 bills and create a
00:16:35new national monument.
00:16:37Think about it.
00:16:39The CN Tower stands
00:16:41about a quarter mile high.
00:16:43If we stacked our debt
00:16:45using $100 bills,
00:16:47we could create the first ever Money Tower
00:16:49totaling 540 miles
00:16:51high.
00:16:53That would dwarf the CN Tower.
00:16:55And it may help with our
00:16:57space exploration.
00:16:59Talk about a tourist attraction.
00:17:05But let's not get over our heads.
00:17:07First things first, we have to change
00:17:09this picture. Because
00:17:11federal and provincial debt combined
00:17:13we still owe about
00:17:15$800 billion.
00:17:17Plus, every time we make those
00:17:19$60 billion payments,
00:17:21a good chunk of that goes to compounded
00:17:23interest alone.
00:17:25In other words, when we make these
00:17:27$60 billion payments, we may only see
00:17:29about $50 billion taken off.
00:17:31And when you think about
00:17:33how we've already spent about
00:17:35$1.5 trillion over the years
00:17:37on a debt that we still have,
00:17:39any new debt our government
00:17:41gets us into turns into that
00:17:43number times much more.
00:17:45I know
00:17:47some of you may be asking
00:17:49why on earth would the government
00:17:51keep digging themselves a hole of debt
00:17:53to get out of debt?
00:17:55Well, obviously you
00:17:57don't come from Canada.
00:18:03You see, in Canada, when we
00:18:05dig ourselves into a hole, we don't use
00:18:07anything innovative like, let's say,
00:18:09a ladder to get us out.
00:18:11No, no, we just keep using
00:18:13the same shovel that got us there
00:18:15in the first place.
00:18:17I guess we figure that since the earth
00:18:19is round, we should get somewhere
00:18:21eventually. So,
00:18:23we just keep digging.
00:18:28Keep digging until we find ourselves
00:18:30in a whole new world.
00:18:34And even if it looks scary,
00:18:37we're told it's the only way.
00:18:44Is there, would you say, a fundamental
00:18:46problem? Is there an underlying problem
00:18:48in the monetary system?
00:18:50Or is this the way it should be?
00:18:52No, I don't think this is an underlying
00:18:54problem in the monetary system.
00:18:56Credit is a good thing.
00:18:58Okay, well how's the rest of the world
00:19:00doing then?
00:19:07BOOM!
00:19:11BOOM!
00:19:14BOOM!
00:19:17BOOM!
00:19:19What?
00:19:21The earth is 52 trillion dollars
00:19:23in debt? To who? Pluto?
00:19:27Guess again.
00:19:29ROAR!
00:19:31ROAR!
00:19:36Okay, so the money system in Canada
00:19:38clearly doesn't benefit the people.
00:19:40Why hasn't anyone told us about this?
00:19:44Once a nation parts with the control
00:19:46of its currency and credit,
00:19:48it matters not who makes that nation's laws.
00:19:50Usury once in control
00:19:52will wreck any nation.
00:19:54Until the control of the issue
00:19:56of currency and credit is restored
00:19:58to government and recognized
00:20:00as its most conspicuous and sacred
00:20:02responsibility, all talk
00:20:04of the sovereignty of parliament
00:20:06and of democracy is idle
00:20:08and futile.
00:20:13Who are you?
00:20:15Well, I was only the 10th Prime Minister
00:20:17of Canada.
00:20:19Whoa. Well, you definitely
00:20:21won't hear any of our current politicians
00:20:23say something nearly that profound.
00:20:25Yes.
00:20:27And now I'm ironically on the $50
00:20:29bills.
00:20:31That sucks, man.
00:20:33Tell me about it.
00:20:35Well, that's just one Prime Minister
00:20:37of Canada's thoughts on money.
00:20:39No big deal, right?
00:20:42The privilege of creating and issuing
00:20:44money is not only the supreme prerogative
00:20:46of government, but it is the government's
00:20:48greatest creative opportunity.
00:20:50The government should create, issue, and
00:20:52circulate all the currency and
00:20:54credit needed to satisfy the spending
00:20:56power of the government and the buying
00:20:58power of consumers. By the adoption
00:21:00of these principles, the taxpayers
00:21:02will be saved immense sums of interest,
00:21:04money will cease to be master,
00:21:06and become the servant of humanity.
00:21:09You too, Lincoln?
00:21:11For once, someone
00:21:13listened to what I said.
00:21:15Sorry, I just never read those statements
00:21:17in any school textbooks before.
00:21:19I made it clear
00:21:21that my greatest accomplishment
00:21:23as being President was that
00:21:25I killed the bank.
00:21:27And yet, I too am ironically
00:21:29on the face of everything
00:21:31I was so passionately against.
00:21:33And then the private banks
00:21:35put your faces on their
00:21:37corrupt money?
00:21:39No offense, guys, but that's
00:21:41incredibly disgraceful.
00:21:43Especially after being assassinated.
00:21:47I'll say.
00:21:51I managed to escape.
00:21:54Right here, buddy.
00:22:01Whoever controls the volume
00:22:03of money in our country
00:22:05is absolute master of all
00:22:07industry and commerce.
00:22:09When you realize that the entire system
00:22:11is very easily controlled
00:22:13one way or another by a few
00:22:15powerful men at the top,
00:22:17you will not have to be told
00:22:19how periods of inflation and
00:22:21depression originate.
00:22:23Hey Garfield,
00:22:25weren't you President for only, like,
00:22:27four months?
00:22:29Well, I was killed
00:22:31shortly after making that comment.
00:22:38Oh yeah, good point.
00:22:40Well,
00:22:42anyone else?
00:22:46I myself prefer my New Zealand eggs
00:22:48for breakfast!
00:22:50I myself prefer my New Zealand eggs for breakfast!
00:23:04Isn't it kind of sad that we have to dig up
00:23:06what our dead leaders had to say about money
00:23:08instead of trusting the ones
00:23:10that are alive and in office today?
00:23:12I mean, we've seen how little
00:23:14they know about how the system works.
00:23:20So do
00:23:22provincial governments ever
00:23:24borrow money from, let's say,
00:23:26charter banks?
00:23:28No.
00:23:30That's just federal?
00:23:32No. As far as I know, I couldn't tell you offhand.
00:23:34I just don't know why
00:23:36the government doesn't just borrow money
00:23:38from the Bank of Canada as it states
00:23:40like in the Constitution
00:23:42and in the Bank of Canada Act that
00:23:44the government has the right to do
00:23:46such things to prevent
00:23:48things like that from happening.
00:23:50Well, it's...
00:23:52You may know more
00:23:54about it, obviously.
00:23:56You've researched it a little bit more than I have.
00:23:58I know that they have ratings
00:24:00on their basis which
00:24:02when they do borrow funds
00:24:04they get to
00:24:06an interest rating. And yeah,
00:24:08yes, they will borrow money from banks.
00:24:10Now Canada is like the fly in the ass of an elephant
00:24:12in terms of the overall
00:24:14importance of the world.
00:24:16Well, the...
00:24:18I'm not an economist. The Prime Minister is.
00:24:25Let's be clear about what the situation is.
00:24:27We have not been following
00:24:29the same policies as the United States.
00:24:31The economic and financial
00:24:33mess in the United States is disastrous.
00:24:35The policies have been irresponsible.
00:24:37We've made very different choices in Canada.
00:24:39We have a budget that's
00:24:41in surplus, not a budget that's in deficit.
00:24:43We're paying off debt in Canada
00:24:45but we're not adding to our debt.
00:24:47Are your policies working?
00:24:49Look, I would say that overall
00:24:51we're being successful.
00:24:53We're keeping the economy on course.
00:24:55We're not going into a recession.
00:24:57We have a slowdown.
00:24:59But we are not in the kind of economic crisis we have in the U.S.
00:25:06And the world is entering
00:25:08an economic period unlike and potentially
00:25:10as dangerous as anything we have faced
00:25:12since 1929.
00:25:15What happened
00:25:17that me, normally a very staid banker,
00:25:19will lend you
00:25:21the money to buy a home
00:25:23that you don't take?
00:25:25Well, first of all, is it actually money
00:25:27that they're lending people?
00:25:29Is it actual money?
00:25:31It's real money.
00:25:33It's not a receipt to present money?
00:25:35No, it's real money.
00:25:37Isn't there a difference between bank credit?
00:25:39Yes, there is, but let's go back to it.
00:25:41Don't change the subject.
00:25:44It's a very small deficit, but the problem is
00:25:46that once you cross that line,
00:25:48as we see in the United States,
00:25:50nothing stops deficits from getting larger and larger
00:25:52and spiraling out of control.
00:25:54No, but wait a minute.
00:25:56You're asking me what was the cause of the current crisis.
00:25:58Well, no.
00:26:00I just want to know where money comes from.
00:26:02Well, let me tell you something.
00:26:04Let me just take it one step further,
00:26:06despite the fact that's not where you want to go.
00:26:08I don't think we've necessarily lost control of our currency.
00:26:10And there are always restrictions in a global market
00:26:12in terms of how much control you have over your currency.
00:26:14But I want to go back to the real thing,
00:26:16because this is really the...
00:26:18You had asked the question at the very beginning
00:26:20about the financial crisis that we're in.
00:26:22Oh, well, it was just where does money come from.
00:26:24I'm not...
00:26:26No, but wait a minute.
00:26:28It's really important to understand.
00:26:30We obviously don't agree on everything,
00:26:32but he understands, I think everybody understands,
00:26:34that Canada is a sovereign country.
00:26:36And whether it's dealing with the United States
00:26:38or dealing with China,
00:26:40a lot bigger doesn't stop us from standing up
00:26:42for our interests and jobs.
00:26:56Still need convincing
00:26:58about how ridiculous the monetary system is?
00:27:01Fuck that!
00:27:03Don't give me this money!
00:27:10It costs four cents
00:27:12to make one cent.
00:27:15Which makes no sense.
00:27:18Or would it make sense
00:27:20to make no sense?
00:27:23Hmm.
00:27:25Well, this brings me to my next question.
00:27:27Who physically prints our government dollar bills?
00:27:33The money itself is printed by the Royal Canadian Bank.
00:27:35The Royal Canadian Bank and the Bank of Canada.
00:27:37No, the Bank of Canada.
00:27:39The Bank of Canada is the...
00:27:41is responsible for the monetary policies
00:27:43of the actual physical production
00:27:45of dollar bills and five dollar bills.
00:27:47We no longer have dollar bills,
00:27:49but bills and denominations
00:27:51and coins by the Royal Canadian Bank.
00:27:53Okay.
00:27:55Mainly in Winnipeg.
00:27:58Okay, new rule.
00:28:00If you control the nation's money,
00:28:02you should probably know who prints it.
00:28:05I spoke to Finance Minister Jim Flaherty
00:28:07and I asked him,
00:28:09where does money come from?
00:28:11Like, who physically actually prints
00:28:13the dollars in Canada?
00:28:15And he told me it was the Canadian Mint.
00:28:17Yeah, the Canadian Mint.
00:28:19The Canadian Mint prints the dollars
00:28:21and does the coins.
00:28:23But I thought it was the Bank of Canada
00:28:25that contracts the work.
00:28:27Well, the Bank of Canada is the central bank.
00:28:29But the Mint...
00:28:31The Mint is responsible for providing the currency.
00:28:33Hmm.
00:28:35Then why does it say on the Bank of Canada's website
00:28:37that they are the country's
00:28:39sole banknote-issuing authority?
00:28:41Let's try calling the Mint
00:28:43and ask them ourselves.
00:28:45Do you guys have anything to do
00:28:47with printing the dollar bills in Canada?
00:28:49There is a dollar bill in Canada.
00:28:51But does the Canadian Mint
00:28:53have anything to do
00:28:55with printing dollar bills in Canada?
00:28:57None.
00:28:59None?
00:29:01No. That's the Bank of Canada.
00:29:03Oh.
00:29:06You may want to tell that to the Finance Minister.
00:29:08Pardon?
00:29:10I said, you may want to tell that
00:29:12to the Finance Minister.
00:29:14Okay.
00:29:16He doesn't know.
00:29:18Okay. So, uh, sorry.
00:29:20I didn't know about that.
00:29:22No, it's okay. So just maybe make a memo for him, though.
00:29:24So it is the Bank of Canada
00:29:26who's responsible for printing our dollars.
00:29:28But they don't do the actual printing themselves.
00:29:30They contract the work.
00:29:32They contract the work
00:29:34to two private companies.
00:29:36The Canadian Banknote Company
00:29:38and BA International.
00:29:40Which, as of 1999, was bought
00:29:42by a privately-owned, multi-billion-dollar
00:29:44German company called
00:29:46Geisseck & Devriant.
00:29:48I'm not even sure if I'm pronouncing that right.
00:29:50Which is scary considering
00:29:52that they're in control of printing our dollars.
00:29:54A few things about this German company,
00:29:56Geisseck & Devriant.
00:29:58They're the second-largest banknote printer
00:30:00They're the second-largest banknote printing company
00:30:02in the world.
00:30:04And they've been involved with the printing of banknotes
00:30:06for two separate countries
00:30:08suffering from periods of hyperinflation.
00:30:10What is hyperinflation?
00:30:15Well, imagine going to the store
00:30:17to buy a loaf of bread
00:30:19on sale for $20 million.
00:30:24That's hyperinflation.
00:30:26So much money is printed
00:30:28that it completely devalues the dollar
00:30:30and prices rise dramatically because of it.
00:30:36That's going to be $20 million.
00:30:38That's going to be $20 million.
00:30:40$20 million.
00:31:07Okay, there's $20 million.
00:31:10Whoa! What are you, a bank or something?
00:31:15Here's a coin commemorating
00:31:17Germany's hyperinflationary period
00:31:19in the 1920s
00:31:21where it's inscribed that a single glass of beer
00:31:23was worth $4 billion.
00:31:27Hyperinflation had destroyed the German dollar so much
00:31:30that people were actually using money as wallpaper.
00:31:35And who was getting paid to print
00:31:37all the ridiculous amounts of money this whole time?
00:31:40Who?
00:31:45Or more recently, they were printing money
00:31:47for the country of Zimbabwe
00:31:49and their hyperinflated economy.
00:31:51At one point in the 1980s,
00:31:53the Zimbabwean dollar was actually worth
00:31:55more than the U.S. dollar.
00:31:57But since the dictator of Zimbabwe
00:31:59ran his country into the ground
00:32:01and commanded the printing of trillions and trillions
00:32:04and now quadrillions of dollars
00:32:06backed by nothing,
00:32:08the conversion now is $12 billion to one.
00:32:15In this photo, a few eggs are on sale
00:32:17for $100 billion.
00:32:20This guy right here is going to buy a burger and fries.
00:32:26So if you feel safe having millions
00:32:28or even billions of dollars in the bank,
00:32:30just remember that at a flick of a switch,
00:32:33the private banks can water your money down
00:32:35until it's worth virtually nothing.
00:32:38All it takes for them to do is keep printing money
00:32:41and everyone is poor.
00:32:45As for Guy Seck Endeavorant,
00:32:47countries all around the world seemed outraged
00:32:49over the printing of all this money for Zimbabwe.
00:32:53In June 2008, U.S. officials announced
00:32:55they would not take any action against the firm
00:32:58that is providing key support
00:33:00to Zimbabwe's brutal regime
00:33:02and is also an important contractor
00:33:05to the American government.
00:33:07Yes, even the U.S. government is admitting
00:33:10how morally inappropriate it is
00:33:12to support Zimbabwe's brutal regime
00:33:14by printing these dollars.
00:33:16But they won't do anything to stop it
00:33:18that might compromise their own business
00:33:20with Guy Seck Endeavorant.
00:33:23But hey, it's business,
00:33:25and in business there are no morals.
00:33:27You should all know that by now.
00:33:34But on July 1, 2008,
00:33:36after only a few years
00:33:38since Zimbabwe's hyperinflation started to snowball,
00:33:41Guy Seck Endeavorant finally decided
00:33:43they would no longer print banknotes for Zimbabwe
00:33:46after their own government of Germany
00:33:48officially told them to stop.
00:33:52The reason for the sale to the German company
00:33:58arose out of the fact that
00:34:02the need for counterfeiting,
00:34:05especially of higher notes,
00:34:07is a problem.
00:34:09And it was going to be very expensive
00:34:11for the Canadian company
00:34:13to in fact have the machinery
00:34:16that would produce
00:34:18whatever the heck it is
00:34:20that goes into the bills
00:34:22that prevents counterfeiting.
00:34:24And that's the reason why
00:34:26the German company came in.
00:34:28The point is that Canada
00:34:30should never have let something as important
00:34:32as one of its banknote printing companies
00:34:34to have been bought by foreign companies
00:34:36who support racist dictators.
00:34:38And the excuse to save money
00:34:40is ridiculous
00:34:42when you recall the $160 million
00:34:44every day the government allows
00:34:46to go down the drain.
00:34:50I'm just wondering if there should be
00:34:52an institution that the Bank of Canada owns
00:34:54that's job is to print money.
00:34:56That would make more sense, yeah.
00:34:59Let's try to recap everything
00:35:01we've learned so far.
00:35:03The Canadian government creates
00:35:05the phony laws necessary
00:35:07to give banks the power to create
00:35:09and manage money for the hard-working
00:35:11people of Canada,
00:35:13apparently for our benefit.
00:35:15However, the money that's created
00:35:17by these private banks
00:35:19is made and backed by nothing
00:35:21and attached with compounded interest.
00:35:24It's then lent to teachers,
00:35:26students, teachers,
00:35:29workers, and families
00:35:31who now have to pay back the banks
00:35:33what was made from nothing
00:35:35many times over with hard work.
00:35:41This creates a debt-based economy
00:35:43since the majority of money
00:35:45that now circulates was created
00:35:47from a mortgage or some other
00:35:49kind of expensive loan.
00:35:51When an employer pays an employee,
00:35:53it's not actually money
00:35:55but someone else's debt.
00:35:57In other words, we're trading debt,
00:35:59not money.
00:36:01Okay, so you wouldn't be
00:36:03for creating a debt-free money system?
00:36:05No.
00:36:07Would a debt-free money system
00:36:09be good for the country or no?
00:36:11No.
00:36:13No, it wouldn't.
00:36:15It wouldn't.
00:36:17I think we'd be better off
00:36:19without a public debt.
00:36:21What's wrong with everyone?
00:36:23Have they all lost their minds?
00:36:25In a sense, is a debt-free
00:36:27or debt-based money system,
00:36:29is that healthy for Canada?
00:36:31Healthy in the short term
00:36:33because the alternative is
00:36:35that if you try to balance the books today,
00:36:37you will in fact tip the scales
00:36:39very much in favor of a depression
00:36:41and deflation.
00:36:43While luckily for Canadians,
00:36:45we have a way to fix these problems
00:36:47very easily.
00:36:49The reality is the Bank of Canada
00:36:51has, by legislation,
00:36:53the ability to make whatever money is needed,
00:36:55to loan money to the government of Canada
00:36:57without interest.
00:36:59The Bank of Canada, as it's stated
00:37:01on its official website,
00:37:03is ultimately owned by the people of Canada
00:37:05and has the power
00:37:07under the Canadian Constitution
00:37:09and the Bank of Canada Act
00:37:11to lend money to the government
00:37:13at no interest.
00:37:15And if there is interest to be charged,
00:37:17it would just come back to the people anyway
00:37:19since we own the bank.
00:37:21I must admit, I'd rather pay interest to myself
00:37:23than, you know,
00:37:25in which case I'd probably cut myself a good deal.
00:37:27You know?
00:37:29We never should have privatized our debt
00:37:31and turned it over to the private banks.
00:37:33We should have kept it in the hands of Bank of Canada,
00:37:35at least a major part of it,
00:37:37because then we would have been paying interest
00:37:39back to ourselves.
00:37:41John, you can borrow from your savings account
00:37:43and I won't charge you any interest.
00:37:45And unfortunately,
00:37:47the Liberal government and the Conservative governments,
00:37:49both, are too close to the banks.
00:37:51The banks wanted the business
00:37:53and they managed to convince the government
00:37:55to privatize that debt
00:37:57and, of course,
00:37:59now they're the ones getting the benefits.
00:38:01That's why you notice
00:38:03that they're still very profitable
00:38:05even though everyone else is suffering.
00:38:19Here's a rough example
00:38:21about how money in Canada
00:38:23should work.
00:38:25The Canadian government realizes
00:38:27it needs money to help
00:38:29make the country work.
00:38:31So it creates the Bank of Canada,
00:38:33whose sole task is to create
00:38:35and manage money for the people.
00:38:37The government then creates
00:38:39what's called a treasury bond,
00:38:41which is simply an IOU,
00:38:43a piece of paper promising
00:38:45to repay the amount of money that it borrows.
00:38:48This IOU is then given
00:38:50to the Bank of Canada,
00:38:52who then creates the money
00:38:54the same way private banks do,
00:38:56out of nothing.
00:38:58But since it's owned and operated
00:39:00by the people of the country,
00:39:02there's no reason to charge any interest.
00:39:04The government can now distribute the money,
00:39:06which creates jobs.
00:39:08The people can now
00:39:10pool some of their money together
00:39:12and pay off the debt owed
00:39:14to the Bank of Canada.
00:39:16After the first payment or so,
00:39:18since the Bank of Canada
00:39:20will have to pay its workers
00:39:22and fulfill its job to regulate money,
00:39:24our tax dollars will inevitably
00:39:26circle back into the country,
00:39:28so no new money is required
00:39:30to pay off the debt.
00:39:32And since there is no compounding interest,
00:39:34the debt will never grow,
00:39:36and we'll be able to pay it off
00:39:38very quickly.
00:39:40And once it's paid off,
00:39:42we'll be able to spend our extra hard work,
00:39:44time, and money on other things
00:39:46to help better the country.
00:40:10We had adopted the monetary policy
00:40:12that some of our members would like,
00:40:14which is one which would say
00:40:16we should get rid of the loans
00:40:18that we owe commercial banks
00:40:20and transfer that to the Bank of Canada
00:40:22and pay it off
00:40:24with a Bank of Canada loan
00:40:26and then cancel the debt.
00:40:28Hmm. Well, they both seem to know
00:40:30a lot about the monetary system to me.
00:40:32And yet last October,
00:40:34in 2008,
00:40:36when the central topic in the federal election
00:40:38was about the economy,
00:40:40we made a decision to give priority
00:40:42to an issue dominating the news
00:40:44and people's concerns these days, the economy.
00:40:46So there will be an expanded debate on that.
00:40:48Not one single mention was made
00:40:50from any one of the parties
00:40:52about the monetary system,
00:40:54even from the ones who clearly knew about it.
00:40:59But if we go back to the 2006 federal debate,
00:41:01no one would shut up
00:41:03about the $100 million missing
00:41:05from the sponsorship scandal
00:41:07that Paul Martin was involved with.
00:41:09But when $160 million goes missing every day,
00:41:11it's no big deal.
00:41:15Look, this is a mutual problem
00:41:17that every party should agree on fixing.
00:41:19And yet in the most important broadcasted debates
00:41:21prior to our elections,
00:41:23it's not even mentioned once.
00:41:29So coming back to the Bank of Canada,
00:41:31is there really any logical reason
00:41:33why we don't use it?
00:41:35What would make the government
00:41:37want to borrow money from private banks
00:41:39instead of the Bank of Canada?
00:41:41It should deal with the Bank of Canada, period.
00:41:45Hmm.
00:41:47That's coming from a former finance minister
00:41:49and later prime minister.
00:41:51Let's compare that to Paul Martin
00:41:53who shares the exact same titles.
00:41:55Does the prime minister
00:41:57or president of either Canada
00:41:59or America
00:42:01have the ability to create
00:42:04debt-free money?
00:42:06Absolutely.
00:42:08Because I was reading a quote by...
00:42:10Which kind of asks the question,
00:42:12why don't they?
00:42:14Because it's inflationary.
00:42:16It drives inflation through the roof.
00:42:18How's that?
00:42:20Well...
00:42:24Here are my glasses.
00:42:26It's the only pair of glasses in the world.
00:42:28Okay?
00:42:30And I'm going to sell them for a dollar.
00:42:32And you have a dollar.
00:42:34And you don't have any money at all.
00:42:36Or, no, you have ten dollars
00:42:38and you don't have any money at all.
00:42:40These glasses are on sale for a dollar.
00:42:42So, you both come to see me
00:42:44and you want to buy the glasses.
00:42:46I say, okay, fine.
00:42:48How much will you pay me?
00:42:50And you say, I can't pay you any money.
00:42:52So I turn to you and you say, well, fine.
00:42:54I'm the only buyer. I'll pay you a dollar.
00:42:56Let's say the glasses are on sale for a dollar today.
00:42:58And you both have ten dollars.
00:43:00Right?
00:43:02So you come to me and you say...
00:43:04And you both desperately want my glasses.
00:43:06So you say to me, I'll give you a dollar.
00:43:08And I say, well, okay, they were for sale for a dollar.
00:43:10But what will you give me?
00:43:12What are you going to say to me?
00:43:14You're going to say two dollars.
00:43:16Sure. Okay.
00:43:18All of a sudden, these glasses, which were worth one dollar,
00:43:20are now worth two dollars.
00:43:22That's inflation.
00:43:24And that's inflation.
00:43:26The more money there is in supply,
00:43:28the danger there is, there's going to be inflation.
00:43:30That's why everybody says what's happening now,
00:43:32as a result of what's going on in the United States,
00:43:34is that five years from now,
00:43:36we're going to have massive inflation.
00:43:38So it is the amount of money in circulation
00:43:40that causes inflation,
00:43:42not who distributes the money, right?
00:43:44It's largely the amount of money in circulation.
00:43:46Well, yeah, there are a lot of reasons.
00:43:48But yes, that drives up prices
00:43:50because more people are going to afford to buy something.
00:43:52Okay, I'm going to replay
00:43:54the last few seconds of that.
00:43:56Remember, he began saying
00:43:58that it was borrowing money from the Bank of Canada
00:44:00that would cause inflation.
00:44:02The more money there is in supply,
00:44:04the danger there is,
00:44:06there's going to be inflation.
00:44:08That's why everybody says what's happening now,
00:44:10as a result of what's going on in the United States,
00:44:12is that five years from now,
00:44:14we're going to have massive inflation.
00:44:16So it is the amount of money in circulation
00:44:18that causes inflation,
00:44:20not who distributes the money, right?
00:44:22It's largely the amount of money in circulation.
00:44:24Well, yeah, there are a lot of reasons.
00:44:26But yes, that drives up prices
00:44:28because more people are going to afford to buy something.
00:44:31I think what he's trying to say
00:44:33is now that he's allowed the private banks
00:44:35to make up this magical money
00:44:37that keeps growing in their favor,
00:44:39the government shouldn't borrow money
00:44:41from the Bank of Canada
00:44:43since they would have to create new numbers
00:44:45that don't already exist.
00:44:47But if the Bank of Canada
00:44:49had just been doing its job from the start,
00:44:51it wouldn't make a difference anyway.
00:44:53Do you see how absurd it is
00:44:55to say that the Bank of Canada
00:44:57causes inflation?
00:44:59Besides,
00:45:01since 95% of money is created
00:45:03by private banks,
00:45:05they're the cause of 95% of inflation.
00:45:12Because of the decisions
00:45:14made by prime ministers like Paul Martin,
00:45:16this is how money in Canada sadly works.
00:45:20When the Bank of Canada
00:45:23receives the Treasury Bond, or IOU,
00:45:25from the government,
00:45:27they forfeit their duties to create
00:45:29and manage money themselves
00:45:31and instead hand it over to the private banks.
00:45:33The private banks
00:45:35can now lend their debt-based checkbook money
00:45:37to the government.
00:45:39Compounded interest
00:45:41inevitably takes its toll.
00:45:46And this leads to unfair taxes
00:45:48on the people of the country
00:45:50who have done nothing wrong.
00:45:53And when we need real physical cash
00:45:55to trade smaller amounts of money,
00:45:57the Bank of Canada contracts the work
00:45:59to foreign companies
00:46:01who also print money for dictators.
00:46:03And Canadian Tire.
00:46:05And people wonder why
00:46:07we're in a major economic crisis.
00:46:09Look at the system.
00:46:11The good news
00:46:13for Canadians
00:46:15is we're slow to get into the slowdown
00:46:17and we will likely be quick
00:46:19to get out of it
00:46:21because our country, basically,
00:46:23is solid.
00:46:25We have a highly regulated industry
00:46:27that has been remarkably successful
00:46:29and has an enormous amount of stability
00:46:31and I think that's a good thing.
00:46:33I think that's a good thing.
00:46:35I think that's a good thing.
00:46:37I think that's a good thing.
00:46:39We met with the chief economist
00:46:41from the Royal Bank
00:46:43who said that the state
00:46:45is trying to move towards
00:46:47a Canadian banking system
00:46:49to give it more stability.
00:46:51Is the whole world on stupid pills?
00:46:53This much debt
00:46:55is nothing to be proud of.
00:46:57And now countries around the world,
00:46:59including the United States,
00:47:01want to emulate the Canadian banking system?
00:47:03They're in for a shock
00:47:05because the government
00:47:07is in debt,
00:47:09students are in debt,
00:47:11farmers, teachers, parents, artists,
00:47:13everyone.
00:47:15And a wise man once said,
00:47:17poverty is the mother of crime.
00:47:19Well, I guess
00:47:21I would look at it
00:47:23a little bit differently
00:47:25because the banks are publicly traded companies
00:47:27and many of these banks,
00:47:29when you look at pension funds,
00:47:31RRSPs, RESPs,
00:47:33things along those lines,
00:47:35the banks make money
00:47:37and then they pay it out to shareholders.
00:47:39It doesn't just disappear.
00:47:41Well, $24 billion
00:47:43just disappeared
00:47:45from the Canadian pension plan.
00:47:47But that didn't stop David Dennison,
00:47:49president and CEO of CPP,
00:47:51and his executives from pocketing
00:47:53millions of dollars in bonuses.
00:47:55Or how about the $40 billion
00:47:57that just disappeared
00:47:59from the Quebec pension company?
00:48:01People like to say,
00:48:03people like to say,
00:48:05oh, the bad banks, they're making too much money.
00:48:07But it actually,
00:48:09in the big scheme of things,
00:48:11it's a good thing
00:48:13that companies make money.
00:48:15That's how the whole system is based.
00:48:17That's how people's retirements,
00:48:19their investments,
00:48:21that's how it works.
00:48:23So when our banks are doing bad,
00:48:25our pensions are at risk.
00:48:27And when our banks are doing good,
00:48:29our pensions are still at risk.
00:48:32Gotcha.
00:48:34Why don't we just fix the monetary system?
00:48:36I'm sure all the time,
00:48:38work, and trillions of dollars
00:48:40Canadians would save
00:48:42would more than compensate for the banks
00:48:44not screwing everyone over,
00:48:46just to maybe get a pension.
00:48:48And in return,
00:48:50the quality of life for Canadians
00:48:52would improve tremendously.
00:48:54We would have more time to spend
00:48:56with our families,
00:48:58more time for our hobbies,
00:49:00and all the other things we love in life.
00:49:02And if you're a workaholic,
00:49:04you'll be glad to know
00:49:06that you'd be receiving more rewards
00:49:08for your labour, since we won't be
00:49:10slaving over usury debts anymore.
00:49:14From what you're saying is that
00:49:16we could have a country that is
00:49:18the most highly advanced country in the world,
00:49:20because we wouldn't have it then
00:49:22if we took these issues into consideration
00:49:24and tried to make some changes.
00:49:26That's right.
00:49:29Imagine the differences you'd be able to make
00:49:31with billions of more tax dollars a year
00:49:33going to that cause.
00:49:35But the reality is,
00:49:37we're a sinking ship.
00:49:39So how on earth can we save others
00:49:41if we can't save ourselves?
00:49:54So where am I going with all of this?
00:49:56Well, if we take a look at the preamble
00:49:58from the Bank of Canada Act,
00:50:00it states that
00:50:07But since we own the bank,
00:50:09and it obviously isn't operating
00:50:11in the best interest of the nation,
00:50:13or its owners,
00:50:15there is clearly a conflict of interest.
00:50:17And this needs to be looked at very seriously.
00:50:19Because every country uses
00:50:21the same sort of banking system,
00:50:23and this system is bankrupting
00:50:25the countries that use it,
00:50:27the governments of the world
00:50:29are surrendering themselves
00:50:31to the international banking institutions.
00:50:33The World Bank,
00:50:35IMF,
00:50:37and BIS.
00:50:39These institutions have a history
00:50:41for supporting dozens of military dictatorships
00:50:43with billions of dollars in loans,
00:50:45and also wreak havoc
00:50:47on developed and underdeveloped countries,
00:50:49including our own.
00:50:52So for instance,
00:50:54we have a health care crisis now.
00:50:56We have a health care crisis in 2009.
00:50:58Because in 1994,
00:51:00the International Monetary Fund
00:51:02wrote a report to the government of Canada
00:51:04that said, and at that point we were in debt.
00:51:06Remember, this was right before
00:51:08Paul Martin's slaying of the deficit.
00:51:10So yeah, it would have been like 600, 500 billion.
00:51:12And the IMF's report was,
00:51:14OK, Canada's not, you know,
00:51:16we're not saying you're a basket case.
00:51:18But our view of your
00:51:20financial viability,
00:51:22and that of course translates into
00:51:24New York, take our financial viability.
00:51:26We would think, you know, we think you'd do better
00:51:28if you did the following things.
00:51:30Stop student bursaries,
00:51:32and convert them to interest-bearing
00:51:34student loans.
00:51:36Cut the CBC, cut the NFB,
00:51:38cut Via Rail,
00:51:40reduce the number of hospital beds you've got.
00:51:42Now all of those things happened.
00:51:44There was never any democratic debate about it.
00:51:46We lost 20% of our hospital beds in Canada
00:51:48in the year and a half
00:51:50after the IMF report to the government of Canada.
00:51:53But nobody even really knows it happened.
00:51:55The World Health Organization knows it happened
00:51:57because they've actually done reports on
00:51:59Canada as one of the only modern democracies
00:52:01to have deliberately
00:52:03slashed its health care provision
00:52:05in order to slay a deficit.
00:52:07And it's proven, the World Health Organization
00:52:09studies prove that in doing that
00:52:11we actually made our health care situation
00:52:13not only is the health care worse,
00:52:15but the costs of health care went up
00:52:17because people couldn't access timely
00:52:19health care when they needed it before it became a disaster.
00:52:21So...
00:52:23Who actually made those cuts?
00:52:25Paul Martin.
00:52:29We were told by the IMF
00:52:31that certain things should be slashed.
00:52:33Now why couldn't
00:52:35a government say to the IMF
00:52:37go fly a kite?
00:52:39Well, simple reason.
00:52:41Once you have indebtedness to a foreign country
00:52:43or foreign banks
00:52:45and your credit rating really matters.
00:52:47If you drop from a AAA credit rating
00:52:49to a AA credit rating
00:52:51as you guys know,
00:52:53your interest rates are going to go up
00:52:55on the debt you have.
00:52:57So you'll be spending more and more and more
00:52:59out of the federal treasury
00:53:01or in the provincial treasury.
00:53:03And that's why Bob Ray, by the way,
00:53:05as Premier of Ontario,
00:53:07didn't keep his campaign promises.
00:53:09Didn't keep them because he got to Ontario
00:53:11and discovered that if he did the things he promised,
00:53:13bond raters in New York,
00:53:15anonymous people,
00:53:17nothing to do with Canadian democracy,
00:53:19would make a decision
00:53:21about his credit rating,
00:53:23such that any promises Ray was trying to keep
00:53:25would come from a smaller and smaller amount
00:53:27of an available budget
00:53:29because more of his budget
00:53:31would have to go to paying interest on the debt.
00:53:33So they have you over a barrel.
00:53:35So once you have a debt,
00:53:37particularly to external sources,
00:53:39if you have a debt to the Bank of Canada,
00:53:41it doesn't matter.
00:53:43If you have a debt that's external
00:53:45that the rest of the world is looking at,
00:53:47how large is your deficit?
00:53:49How large is your debt?
00:53:51We are the second largest debtor country in the world.
00:53:53China holds most of the paper.
00:53:55Despite of all of this,
00:53:57Jim Flaherty, like his predecessors,
00:53:59is bowing down to the World Bank institutions
00:54:01which will continue to surrender our currency
00:54:03to international bankers,
00:54:05people who none of us have ever voted for.
00:54:07And as we've learned
00:54:09from our own Prime Minister Mackenzie King,
00:54:11once a nation parts
00:54:13with the control of its currency and credit,
00:54:15it matters not who makes that nation's laws.
00:54:17Pope Benedict XVI
00:54:19is calling for a new world financial order.
00:54:21In the third encyclical of his pontificate,
00:54:23Benedict denounced the profit-at-all-cost mentality
00:54:25of the globalized economy.
00:54:27And he lamented that greed
00:54:29brought about the worst economic downturn
00:54:31since the Great Depression.
00:54:33The document, entitled Charity and Truth,
00:54:35was released just hours before the G8 summit
00:54:37gets underway in Italy.
00:54:39And at the G8 summit,
00:54:41there is a lot of talk
00:54:43about the possibility
00:54:45of a future world currency.
00:54:47And at the G8 summit,
00:54:49the President of Russia presented what he called
00:54:51a United Future World Currency.
00:54:53He told reporters,
00:54:55here it is, you can see it, you can touch it.
00:54:57The pot has stressed
00:54:59that he is not opposed to a globalized economy,
00:55:01saying that if done correctly,
00:55:03it has unprecedented potential
00:55:05to redistribute wealth around the world.
00:55:07I don't know how many economics classes
00:55:09the Pope has attended,
00:55:11but I can assure you,
00:55:14these are the kinds of crucial steps necessary
00:55:16to establish a one-world government.
00:55:18Which, last time I checked,
00:55:20conflicts with Canada
00:55:22being an independent sovereign country.
00:55:24In closing,
00:55:26we must regain control of our country's currency
00:55:28from the private banks,
00:55:30both domestic and international.
00:55:32If our governments can make the laws
00:55:34that give away our currency,
00:55:36then they can make the laws that take it back.
00:55:38And while we're at it,
00:55:40maybe the Bank of Canada's logo
00:55:42should finally be changed
00:55:44to a Canadian maple leaf.
00:55:46After all, a good mother knows
00:55:48when to let her child leave the nest.
00:55:50Sorry, Britain.
00:55:52And if we truly love our country
00:55:54and our children,
00:55:56we'll do something now to save them
00:55:58from a life of debt slavery.
00:56:00I mean, you wouldn't want to borrow money
00:56:02from the mafia and leave the debt
00:56:04to your kids to deal with.
00:56:07We always hear about transparency in government,
00:56:10but we never really see it.
00:56:12And if we did,
00:56:14it would probably scare the living hell out of us.
00:56:25How many of you can identify this man?
00:56:28His name is Paul Desmarais,
00:56:31but you can call him the Canadian Monopoly.
00:56:34His family owns and operates PowerCorp,
00:56:37one of the largest corporations in Canada.
00:56:40PowerCorp owns a dozen companies
00:56:42ranging from financial institutions
00:56:44to newspapers and media,
00:56:46oil and energies,
00:56:48and more,
00:56:50that produce revenues of $24 billion a year
00:56:53and several hundred billion dollars in assets.
00:56:56But his most powerful investments by far
00:56:59are not in world resources,
00:57:01but policy.
00:57:03But politicians?
00:57:05Well, what do you think a man's intentions are
00:57:08when he owns a monopolizing corporation
00:57:10called PowerCorp?
00:57:14Just some of his employees
00:57:16consisted of three of Canada's
00:57:18longest-running prime ministers
00:57:20in recent years,
00:57:22Pierre Trudeau,
00:57:24Brian Mulroney,
00:57:26and Jean Chrétien.
00:57:28As a matter of fact,
00:57:30Paul Desmarais' son,
00:57:32his brother,
00:57:34is actually married to Jean Chrétien's daughter, France,
00:57:37so you can only imagine how close
00:57:39these two powerful families are
00:57:41with many years of history.
00:57:46Other employees for Paul Desmarais
00:57:48are former premiers of Ontario
00:57:50and Quebec,
00:57:52William Davis,
00:57:54John Roberts,
00:57:56and Daniel Johnson.
00:57:58Or how about John Ray,
00:58:01John is currently
00:58:03Executive Vice President for PowerCorp
00:58:05and was longtime advisor to Jean Chrétien,
00:58:08as well as his campaign chairman.
00:58:10There's also former President of PowerCorp,
00:58:13Maurice Strong.
00:58:15After becoming a successful businessman
00:58:17with PowerCorp and Paul Desmarais,
00:58:19he was able to bridge himself
00:58:21from business to politics
00:58:23with his new circle of friends.
00:58:25He became first Executive Director
00:58:27of the UN Environment Program
00:58:29and the foundation of UN Associations.
00:58:31Remember, this is a businessman.
00:58:33Some of Maurice's friends
00:58:35include the likes of
00:58:37the World Bank President,
00:58:39James Wolfensohn,
00:58:41former Vice President of the U.S.,
00:58:43Al Gore,
00:58:45and former Swedish Prime Minister
00:58:47and member of the Global Governance Institution,
00:58:49Ingvar Carlsson.
00:58:51And last,
00:58:53but certainly not least,
00:58:55Paul Martin.
00:58:57Martin was the President and CEO
00:58:59of one of PowerCorp's subsidiary companies,
00:59:01the Canadian Steamship Line,
00:59:03which was eventually sold to him in the 1980s.
00:59:06During his ownership
00:59:08of the Canadian Steamship Line,
00:59:10Martin changed the flags on the ships
00:59:12in order to operate shell companies
00:59:14in overseas countries like
00:59:16Singapore and the Bahamas,
00:59:18where he could exploit the laws
00:59:20to profit from cheap labor,
00:59:22lower environmental standards,
00:59:24and paying virtually no income tax
00:59:26for several hundred millions of dollars.
00:59:28After giving his steamship company
00:59:30to his kids,
00:59:32in 2003 he was fit to become
00:59:34Prime Minister of Canada
00:59:36and tell everyone else to pay income tax.
00:59:41And in January 2004,
00:59:43the Canadian federal government
00:59:45revealed that Martin's Steamship Line company
00:59:47had received over $100 million
00:59:49in federal government contracts,
00:59:51grants, and loans
00:59:53since Martin became Finance Minister in 1993.
00:59:56This was the same time
00:59:58he was cutting taxpayers' dollars
01:00:00to our schools and hospitals
01:00:02in order to slave the inescapable debt.
01:00:05You can bet with gifts like these,
01:00:07Martin would have to remain pretty loyal
01:00:09to the man who established his family fortune
01:00:11and political success,
01:00:13Mr. Monopoly Man.
01:00:15I mean, Paul Desmarais.
01:00:17And how many of you even knew his name?
01:00:21Some of Paul Desmarais' other friends include
01:00:24the Bush family,
01:00:27the Clinton family,
01:00:30and the President of France,
01:00:32Nicolas Sarkozy.
01:00:36When you consider the circle of friends
01:00:38surrounding Paul Desmarais,
01:00:40it's not hard to imagine
01:00:42how government corruption can set in.
01:00:44But it's our government officials
01:00:46who should never be this infatuated
01:00:48with making money
01:00:50and powerful corporate allies.
01:00:52And yet, sadly,
01:00:54we see exactly that.
01:00:57And this is just the tip of the iceberg
01:00:59when you consider these next things.
01:01:02Bilderbergers.
01:01:04Not Bilderburger,
01:01:06but members of the Bilderberg Group.
01:01:09The Bilderberg Groups consist
01:01:11of some of the largest visible
01:01:13corporate, political, and royalty
01:01:15members of the world.
01:01:17They hold their meetings annually,
01:01:19usually in remote places
01:01:21at least to broadcast what goes on
01:01:23because there's plenty of members
01:01:25of the media attending the meetings
01:01:27such as Chairman of the Board
01:01:29of the Washington Post,
01:01:31major media outlet owner Rupert Murdoch,
01:01:33and news anchor Peter Jennings.
01:01:36Some of the other members include
01:01:38Presidents of the United States
01:01:40such as Bill Clinton and Gerald Ford.
01:01:44Bankers attend, of course.
01:01:46World Bank President Wolfensohn,
01:01:48Alan Greenspan, Chairman of the Federal Reserve,
01:01:51and Timothy Geithner,
01:01:53President of the Federal Reserve,
01:01:55and somehow became U.S. Secretary of Treasury.
01:01:58He looks confused about it too.
01:02:00That would be like the President of RBC
01:02:02becoming our Finance Minister.
01:02:05It just reeks of corruption.
01:02:08Dozens of corporate giants sit in as well
01:02:10such as the CEO and Chairman of Google,
01:02:13the CEO of IBM,
01:02:15and the Chairman of Nokia and Shell.
01:02:19And who could forget the hardworking royal families?
01:02:22Prince Charles of England
01:02:24and Queen Sophie of Spain
01:02:26both go to Bilderberg.
01:02:28And wouldn't you know it,
01:02:30Pierre Trudeau, Jean Chrétien,
01:02:32Paul Martin, and Stephen Harper
01:02:34have also all attended.
01:02:38What is your opinion on
01:02:40these secretive meetings
01:02:42that I hear about
01:02:44of the Bilderberg group
01:02:46that comes time to time in Canada
01:02:48and they get together I think once a year
01:02:50random places kind of
01:02:52in the world.
01:02:54I don't like that
01:02:56and I don't like the Canadian Conference
01:02:58of Canadian Executives,
01:03:00Tom D'Aquino being part of it.
01:03:02I mean they meet in Banff and behind closed doors
01:03:04to sell out Canadian sovereignty
01:03:06by saying, you know,
01:03:08Canadian business is for sale.
01:03:10I don't know why these people,
01:03:12why they're meeting in the first place.
01:03:14You can't tell me, they can't.
01:03:16Nobody can tell us why.
01:03:18They're just wallpapering the walls,
01:03:20who knows, right?
01:03:22Well, they're so secret that they,
01:03:24you know, I don't like to say in general,
01:03:26I don't think any good comes
01:03:28of meetings that are secret.
01:03:30Democracy really thrives
01:03:32in sunshine
01:03:34and things that are anti-democratic
01:03:36do best under rocks, right?
01:03:38So if you keep things out of the public eye
01:03:40and they're not accountable,
01:03:42that's concerning.
01:03:44Obviously if you're negotiating
01:03:46a peace agreement
01:03:48and the doors are shut till you come out,
01:03:50I mean that's a good thing.
01:03:52But generally people know what's going on.
01:03:54These meetings are so secretive
01:03:56that nobody knows what's going on.
01:03:58And similarly the Security and Prosperity Partnership meetings
01:04:00where the only people allowed in the room
01:04:02are governments and business leaders.
01:04:04That's anti-democratic.
01:04:06I don't like things that are anti-democratic.
01:04:08Bilderberg meetings,
01:04:10have you heard of this?
01:04:12I've heard about them.
01:04:14I don't know what that is.
01:04:16I recall one being at a place
01:04:18where I went with a friend in Ottawa.
01:04:20I can't think of the place.
01:04:22It was a hotel outside of Ottawa in Canada.
01:04:24Right, was that just two years ago?
01:04:26Yeah, I was up there
01:04:28because one of my good friends was getting married.
01:04:30We went to a Neil Young concert that night.
01:04:32And the next day
01:04:34all these people were moving in,
01:04:36security and everything.
01:04:38It's the Bilderberg conference.
01:04:40Again, our current prime ministers
01:04:42have attended these meetings
01:04:44and don't really talk about it.
01:04:46Do you think there would be something to be worried about?
01:04:48No, not necessarily.
01:04:50To put the scenario forward
01:04:52that you're talking about,
01:04:54if the 100 top people in the world
01:04:56invited me to a meeting,
01:04:58do you think I'd turn it down?
01:05:00Probably not.
01:05:02I've never been invited,
01:05:04so naturally I'm suspicious.
01:05:06It's an interesting group,
01:05:08but I can't firmly say
01:05:10that I know nothing about it.
01:05:12I've heard what it could mean.
01:05:14I listen to Richard Serrett
01:05:16from time to time on CFRB
01:05:18at, give me a time,
01:05:2010 o'clock at night.
01:05:22I don't know.
01:05:24But I'd certainly like to learn more about it,
01:05:26but it is apparently behind closed doors.
01:05:28I'm suspicious of those meetings.
01:05:32Were you ever invited?
01:05:34No, they know my views about it.
01:05:39In 1996, Paul Martin and Jean Chrétien,
01:05:41among other Canadians,
01:05:43attended the Bilderberg meeting
01:05:45held in Toronto, King City.
01:05:47The building picked was naturally
01:05:49a $66 million resort,
01:05:51which was then owned by CIBC Bank.
01:05:55Some of the other members
01:05:57that attended that year were
01:05:59Ted Rogers,
01:06:01Chairman, President, and CEO
01:06:03of Bell Canada,
01:06:05Chairman of Ford Motor Company,
01:06:07everyone's favorite
01:06:09Conservative Premier of Ontario,
01:06:11Mike Harris,
01:06:13Conrad Black, owner of many newspapers,
01:06:15and just recently sentenced
01:06:17to 78 months in a U.S. federal prison
01:06:19for wire fraud
01:06:21and obstruction of justice,
01:06:23Chairman of CIBC Bank,
01:06:25President of the
01:06:27National Bank of Hungary,
01:06:29David Rockefeller,
01:06:31Chairman of the Chase Manhattan Bank,
01:06:33and many, many more.
01:06:35But for those of you
01:06:37who don't know the Rockefeller family,
01:06:39they have a bit of a nasty history
01:06:41of playing monopoly in America,
01:06:43as well as being a major supporter
01:06:45in the creation of a one-world government.
01:06:47But don't take my word for it.
01:06:49Listen to David Rockefeller himself.
01:06:53We are grateful to The Washington Post,
01:06:55The New York Times, Time Magazine,
01:06:57and other great publications
01:06:59whose directors have attended our meetings
01:07:01and respected their promises of discretion
01:07:03for almost 40 years.
01:07:05It would have been impossible for us
01:07:07to develop our plan for the world
01:07:09if we had been subject to the bright lights
01:07:11of democracy during those years.
01:07:13But the world is now much more sophisticated
01:07:15and prepared to march towards a world government.
01:07:17The supranational sovereignty
01:07:19of an intellectual elite
01:07:21and world bankers is surely preferable
01:07:23to the national auto-determination
01:07:25practiced in past centuries.
01:07:30I wish I was making this stuff up,
01:07:32but if you open up page 405
01:07:34in Rockefeller's own autobiography,
01:07:36he states that
01:07:38for more than a century,
01:07:40the rise of ideological extremists
01:07:42at either end of the political spectrum
01:07:44has seized upon well-publicized incidents
01:07:46such as my encounter with Castro
01:07:48to attack the Rockefeller family
01:07:50for the inordinate influence
01:07:52they claim we wield over American political
01:07:54and economic institutions.
01:07:56Some even believe
01:07:58we are part of a secret cabal
01:08:00working against the best interests
01:08:02of the United States,
01:08:04characterizing my family and me
01:08:06as internationalists
01:08:08who work with others around the world
01:08:10to build a more integrated
01:08:12global, political, and economic structure.
01:08:14One world, if you will.
01:08:16If that's the charge,
01:08:18I stand guilty, and I am proud of it.
01:08:20I bring this up
01:08:22because this man attends
01:08:24the same secret meetings
01:08:26all of our leading government officials do.
01:08:39Thank you very, very much.
01:08:47I was able to catch up with Paul Martin
01:08:49on this topic at the University of Waterloo
01:08:51with a youth group I was a member of
01:08:53called Future Canada.
01:08:58This was about,
01:09:00I believe in 1996,
01:09:02you attended a meeting
01:09:04called the Billiard Meeting,
01:09:06and I think you were
01:09:08the Minister of Finance at the time.
01:09:10Not many people know about
01:09:12the Billiard Meeting.
01:09:14I try to speak to people about it
01:09:16and they think I'm crazy or that it doesn't exist
01:09:18or anything like that,
01:09:20namely because it's not really widespread in media
01:09:22and in fact a lot of your representatives
01:09:24actually attend the meetings themselves
01:09:26and they just choose not to disclose
01:09:28the information and context of it.
01:09:30I'm just wondering,
01:09:32in 1996 when you attended,
01:09:34just details,
01:09:36like who invited you, why did you go,
01:09:38what are your thoughts on it?
01:09:40Well, I can't remember who invited me,
01:09:42but I remember going once.
01:09:44The Billiard Meeting is a meeting of very influential people around the world.
01:09:46Canada at that point was considered
01:09:48a third-world basket case.
01:09:50We were in trouble.
01:09:52I essentially went to Paul Martin
01:09:54and went to him and said,
01:09:56look, we're getting our act together.
01:09:58And it worked.
01:10:00One of the members of the Billiard Meeting actually...
01:10:02Sorry.
01:10:05Okay.
01:10:17But just one thing about that Billiard Meeting
01:10:19is that one of the attendees
01:10:21named David Rockefeller,
01:10:23and when I heard him talking earlier
01:10:25about this global financial crisis
01:10:27that everyone's involved in
01:10:29and just like Stephen Harper said,
01:10:31that possibly this is going to be as bad or worse
01:10:33than the Great Depression in 1929,
01:10:35and not many of us have actually lived in those times,
01:10:37so we don't know what we're actually facing,
01:10:39but it could be pretty bad.
01:10:41And one of the members of the Billiard Meeting
01:10:43stated in the Billiard Meeting
01:10:45that we are on the verge of a global transformation.
01:10:47All we need is the right major crisis
01:10:49and the nations will accept the new world order.
01:10:53And this is someone who attended
01:10:55the same meetings as you,
01:10:57and no one really knows about it.
01:10:59In fact, actually, most of the last five prime ministers
01:11:01we've had attended these meetings
01:11:03too, Stephen Harper, John Cushing,
01:11:05and so on and so on.
01:11:07And I spoke to John Turner,
01:11:09a former prime minister as well,
01:11:11who didn't attend, and I asked him what he thought of it,
01:11:13and he said very specifically
01:11:15that it's basically a group of
01:11:17businessmen who get together
01:11:19behind closed doors and sell out
01:11:21Canadian sovereignty.
01:11:23He said he didn't like them at all,
01:11:25and he was very skeptic.
01:11:27Well, I could be, well,
01:11:29the meeting that I went to,
01:11:30I can't remember if David Rockefeller was there,
01:11:32there was no question of Canadian sovereignty.
01:11:34But what there was, was a group of people.
01:11:36This was the year that the Wall Street Journal
01:11:38called Canada
01:11:40essentially a banana republic,
01:11:42said that we were a third world country,
01:11:44we were going down. And I've got to tell you
01:11:46that my first couple of years as finance minister,
01:11:48I did nothing but go around the world basically saying
01:11:50that Canada was going to turn it around.
01:11:52We didn't. We did it within four years.
01:11:54We had the best balance sheet of any country in the world.
01:11:56So what is your opinion on this?
01:12:01Did you get this?
01:12:03What's up, buddy?
01:12:05It was really good.
01:12:07It was really, really good stuff.
01:12:09Yeah, I don't know if the assistant,
01:12:11did he come over and...
01:12:13Yeah, he told me to, like,
01:12:15because I don't know what it was,
01:12:17he just said that I could ask him more questions.
01:12:19Yeah, again, that's what his chief of staff would tell you.
01:12:22Yeah, that's what I thought.
01:12:24Yeah, I think it was felt there was a little bit of an attack on him,
01:12:26to be honest.
01:12:28And so he said, like,
01:12:30if he was going to ask him more questions,
01:12:32that he would just have a smart lead.
01:12:34Okay, if you're an RCMP officer,
01:12:36could you care to explain why Canadian tax dollars
01:12:38are going to protect this guy
01:12:40instead of putting him behind bars?
01:12:42He's conspiring with international bankers in secret
01:12:45who openly talk about world domination
01:12:48via major world crises,
01:12:50on top of participating
01:12:52in the largest theft ever committed
01:12:54by a Canadian government.
01:12:56And when confronted about all of this,
01:12:58he acts like a child
01:13:00and has his chief of staff remove my microphone.
01:13:03Is this any way for a prime minister of Canada to act?
01:13:06Surely this is newsworthy.
01:13:08Good thing CTV was there to catch the footage.
01:13:11...University of Waterloo,
01:13:13an unusual send-off.
01:13:15While most students kick off Reading Week with a party,
01:13:18a large crowd of students
01:13:20have gathered in front of the University of Waterloo.
01:13:23Students kick off Reading Week with a party.
01:13:25A large crowd gathered to get a chance
01:13:27to talk with former Prime Minister Paul Martin.
01:13:30CTV's Nicole Lampa is here with this story.
01:13:32Nicole, what did they discuss?
01:13:34Kyle, given that Martin was a former finance minister,
01:13:37the economy was the key discussion.
01:13:39Every country is focusing on what can they do
01:13:42in order to stimulate their national economy.
01:13:45A worldwide problem is being felt by these students.
01:13:49Working we is the West.
01:13:51Matthew Cassell asks a former prime minister
01:13:53and finance minister
01:13:55how to survive the economic downturn
01:13:57not just as a student,
01:13:59but also as a future leader.
01:14:01As a young person, I'm going to be inheriting this economy.
01:14:03I'm going to be inheriting the budget deficit
01:14:05that Stephen Harper is now racking up.
01:14:07And I think it's important for me to be informed
01:14:09so that I can make good choices and make good decisions.
01:14:11When you have someone that has done it in the past
01:14:13and effected change,
01:14:15whether you agreed with the way he did it or not,
01:14:17it really inspires you to do something.
01:14:19Others feel the same way.
01:14:21It's just interesting to hear someone of this calibre
01:14:24speak on these kinds of issues.
01:14:27He can tell us a lot about what's going on.
01:14:29He has a ton of perspective.
01:14:31He was a fantastic politician.
01:14:33In my experience is that you can't judge these crises.
01:14:36And they are normally worse,
01:14:38which is why you've got to keep your...
01:14:40As a country, keep your balance sheet and surplus,
01:14:42and you've got to make sure you have the room to manoeuvre.
01:14:44The economy wasn't the only topic.
01:14:46Martin also talked about Canada's treatment
01:14:48of Aboriginals, our role in Africa and Afghanistan.
01:14:51For Matthew, these are issues he doesn't mind tackling.
01:14:55I think when times are tough, that's when you're most needed.
01:14:58And if I would have something to contribute,
01:15:00I'd be more than happy to do it.
01:15:02Now the talk was put on by UW's Federation of Students
01:15:05and a Canadian youth group.
01:15:07This is one of the most disgraceful pieces of journalism
01:15:10I've probably ever seen.
01:15:12Nicole Lampa refused to talk to me on camera.
01:15:15And later, after watching the program she put together,
01:15:18I asked her why she didn't at least give the name of my youth group
01:15:22who arranged the whole event in the first place.
01:15:25She told me she was under the impression
01:15:27that my youth group's name was
01:15:29A Canadian Youth Group.
01:15:31And then quickly hung up the phone.
01:15:35In fact, the most coverage that my cause had received
01:15:38from the whole event was published
01:15:40in the local Waterloo paper called The Record,
01:15:43where it was written that...
01:15:45And of course there was that one passionately idealistic student
01:15:48who grilled Martin relentlessly
01:15:50until the microphone practically had to be wrestled from his hands.
01:15:54By the way, I'm not a student at the University of Waterloo.
01:15:58I can't afford it.
01:16:00But again, poor journalism.
01:16:05So here we have the guy who writes the laws
01:16:07and one of the guys who abuses the laws,
01:16:10which is bankrupting the entire country.
01:16:13Getting together in his $66 million private resort,
01:16:16in secret,
01:16:18along with other bankers who admit major crises
01:16:21are used to form a one-world government
01:16:23ruled by bankers and elitists.
01:16:26You see, Paul Martin doesn't care
01:16:28if he helps bankrupt the people of Canada
01:16:30because he's already made his millions
01:16:32from the guy who practically made him Prime Minister.
01:16:36But instead of exposing this,
01:16:38these two news agencies did the opposite
01:16:40and made Paul Martin look more like a saint.
01:16:44This is the opposite of information.
01:16:47Misinformation.
01:16:49So now do you see why the owners of the media
01:16:51attend these secret meetings as well?
01:16:54They don't want to expose the truth
01:16:56because if they did, they would expose themselves.
01:17:00Take this copy of Reader's Digest.
01:17:02The Canadians You Trust.
01:17:05Let's check out who made the list.
01:17:08Stephen Harper, number 8.
01:17:10Michael J. Fox is number 5.
01:17:14Wayne Gretzky, number 12.
01:17:17Queen of England is number 2.
01:17:20She's not even Canadian.
01:17:22But I guess simple facts don't matter
01:17:24when you're a major publishing company.
01:17:27Number 1 was David Suzuki.
01:17:29Mr. If-You-Can't-Beat-Walmart joined them.
01:17:33Bob Ray is number 29.
01:17:36Shania Twain, 30.
01:17:38Don Cherry is number 14.
01:17:41What's going on here?
01:17:43How was this list even put together?
01:17:46If you read the fine print, it states
01:17:49To conduct our trust poll,
01:17:51we commissioned an independent research firm,
01:17:54Harris De Sema,
01:17:56to survey a representative sample
01:17:58of nearly 1,200 English-speaking Canadian adults.
01:18:01Respondents were presented
01:18:03with a list containing the names
01:18:05and photographs of 100 prominent Canadians
01:18:08and asked to rate each
01:18:10according to trustworthiness.
01:18:12They were then asked to select
01:18:14which personality they trusted the most,
01:18:16giving us our list of the 50 most trusted Canadians.
01:18:20Wow! What an informative study.
01:18:23That's just a loophole to get away
01:18:25with publishing a magazine titled
01:18:27The Canadians You Trust
01:18:29and then putting Stephen Harper
01:18:31and other corrupt politicians on the list.
01:18:34Because what they should have called the magazine
01:18:37was Canadians Nearly 1,200 People Trust
01:18:40from a preselected media-biased list
01:18:43of figures used only to spread propaganda.
01:18:47I mean, who has the power
01:18:49to tell you who to trust
01:18:51other than yourself?
01:18:53Well, apparently Reader's Digest.
01:18:56But wait a minute.
01:18:58I thought CNN was most trusted.
01:19:00Hmm.
01:19:02Maybe that was based on another elaborate trust poll
01:19:05where CNN wasn't on the list.
01:19:09Here's a quick word fact.
01:19:11The literal translation
01:19:13for the word entertainment is
01:19:15diversion.
01:19:17Ah, it all makes perfect sense now.
01:19:22Because people are more worried
01:19:24about how Jen still can't get it together,
01:19:27inch by inch these global elitists
01:19:29are getting closer to their goal
01:19:31of world domination.
01:19:33Thanks, Rick.
01:19:35I always had a feeling you would be involved
01:19:37in the destruction of the world.
01:19:46The media is doing such a great job
01:19:48at convincing everyone
01:19:50that politics in Canada
01:19:52is as simple as red versus blue.
01:19:54When in reality,
01:19:56as we've seen behind closed doors,
01:19:58they all belong to the same clubs
01:20:00all serving the same corporate masters.
01:20:05Consider politicians like a box of Smarties.
01:20:07All different colours on the outside,
01:20:09but on the inside,
01:20:11they're all full of the same crap.
01:20:14When people get sick of red,
01:20:16blue steps in to give the illusion of democracy.
01:20:19This game goes back and forth
01:20:21for years and years and years.
01:20:24Sometimes we get a little bit of hope
01:20:26from orange or green.
01:20:28But because they don't have
01:20:30the powerful corporate backing behind them
01:20:32like blue and red,
01:20:34they can't get into power
01:20:36unless they sell their souls as well.
01:20:59It's not so bad.
01:21:01It's a little bit sour,
01:21:03but it's not so bad.
01:21:17Well,
01:21:19maybe these ones aren't as bad.
01:21:34But democracy isn't only a joke in Canada.
01:21:37Let's hear a good knee slapper
01:21:39from Al Gore,
01:21:41former vice president
01:21:43of the superpower of the world,
01:21:45the United States.
01:21:51I am Al Gore.
01:21:53I used to be the next president
01:21:55of the United States of America.
01:21:57I don't fight for democracy.
01:21:59I fight for democracy.
01:22:02I don't find that particularly funny.
01:22:06Pretty good material, eh?
01:22:08He just cracked a joke
01:22:10about the widely known fact
01:22:12that George Bush Jr. had rigged
01:22:14the 2000 U.S. election.
01:22:16That's a former vice president
01:22:18of the United States
01:22:20joking about democracy not working.
01:22:22And one has to seriously wonder,
01:22:24why didn't Al Gore make a movie
01:22:26about the U.S. election
01:22:28being rigged by the biggest
01:22:30president the world has ever seen?
01:22:33I mean, to me,
01:22:35democracy being a joke
01:22:37is much scarier than climate change.
01:22:39Especially since that
01:22:41he would have had much more power
01:22:43to fix things as president
01:22:45than just some guy with a slideshow.
01:22:47But it didn't really bother Al Gore
01:22:49since he's in the club as well.
01:22:51So it isn't his position
01:22:53to actually do what's right,
01:22:55but rather to do what he's told.
01:22:57Which is why the joke is funny.
01:22:59The real sad thing, though,
01:23:01is the audience thinks
01:23:03they're laughing with him.
01:23:05This is the reason why
01:23:07pro-voting ads are sponsored
01:23:09by the government
01:23:11and are practically
01:23:13shoved down our throats.
01:23:15They want us to play
01:23:17into the game that gives them
01:23:19the power to control us.
01:23:21Look, if voting really
01:23:23made a difference,
01:23:25our monetary system
01:23:27wouldn't be in this situation.
01:23:37But he's kind of quirky.
01:23:39Like, as a human rights expert,
01:23:41there's a lot of his writing
01:23:43that suggests that some people
01:23:45are entitled to human rights
01:23:47and others aren't.
01:23:49But the essence of human rights
01:23:51is everybody's entitled to human rights.
01:23:53So it comes from his experience
01:23:55of being Russian royalty.
01:23:57His grandfather was an aide
01:23:59to Tsar Nicholas.
01:24:01And one of the only families
01:24:03that escaped from Russia
01:24:05from the Bolsheviks was the Ignatievs.
01:24:07And he's got this kind of
01:24:09aristocratic, almost royalty attitude.
01:24:11Michael's grandfather,
01:24:13Count Paul Ignatiev,
01:24:15was senior advisor
01:24:17to Emperor Nicholas II of Russia.
01:24:19He also served as his last
01:24:21minister of education.
01:24:23Why the last?
01:24:25As a result of the Russian Revolution
01:24:27in 1918, the whole royal family
01:24:29was arrested and executed.
01:24:31Except for
01:24:33Michael Ignatiev's grandfather,
01:24:35who was apparently released
01:24:37by a sympathetic guard
01:24:39and fled to Canada.
01:24:41Count Ignatiev's son George
01:24:43grew up to become a Rhodes Scholar,
01:24:45worked in the Department
01:24:47of External Affairs,
01:24:49became a permanent representative
01:24:51to NATO, also became
01:24:53Canadian Ambassador and President
01:24:55of the Security Council.
01:24:57Finally, when Michael was born,
01:24:59opportunities were paved
01:25:01in front of him by his family.
01:25:03And he was able to attend
01:25:05and later teach in universities
01:25:07across the world, such as
01:25:09Oxford, Harvard, Cambridge,
01:25:11University of London,
01:25:13and a lot more.
01:25:15As a matter of fact,
01:25:17Michael Ignatiev has spent
01:25:19half of his life outside of Canada
01:25:21becoming educated and prepared
01:25:23for bigger things.
01:25:25Ian Davey, son of the Canadian
01:25:27Senator Keith Davey,
01:25:29and a lawyer, Daniel Brock,
01:25:31both liberal organizers,
01:25:33went to the United States where
01:25:35Ignatiev was teaching at Harvard
01:25:37still, and told him that it was
01:25:39time for him to establish himself
01:25:41in Canadian politics in order
01:25:43to become Prime Minister.
01:25:45And in an ultra-rare occasion,
01:25:47Ignatiev was crowned Liberal Leader
01:25:49half a year before the
01:25:51Liberal Convention was held.
01:25:55But again,
01:25:57this shouldn't be a surprise
01:25:59to any of you by now,
01:26:01since we know they're all
01:26:03buddies behind the scenes.
01:26:05Ignatiev released a book
01:26:07this year called
01:26:09The History of Canada.
01:26:11It's a book about the
01:26:13history of Canada.
01:26:15It's a book about the
01:26:17history of Canada.
01:26:19It's a book about the
01:26:21history of Canada.
01:26:23Ignatiev released a book
01:26:25this year in April called
01:26:27True Patriot Love,
01:26:29in a sad attempt to look like
01:26:31a Canadian patriot.
01:26:33But just writing a book and
01:26:35declaring something doesn't
01:26:37make it true.
01:26:39You can't judge a book by its
01:26:41cover, but it does conveniently
01:26:43add to the deception.
01:26:45So as Canadians,
01:26:47we've lost ownership of our
01:26:49money and our democracy.
01:26:53Well, at least we own
01:26:55the largest brewery in Canada...
01:27:01Well...
01:27:03the second largest brewery...
01:27:09Well...
01:27:11the second largest brewery...
01:27:15Well, who needs beer when I've got my Timbs anyway?
01:27:34What the?
01:27:40How about our railroads?
01:27:48Highways?
01:27:53What the fuck?
01:27:59The construction and land value of Highway 407 comes to $107 billion,
01:28:05which was then sold by Bilderberg Premier of Ontario, Mike Harris,
01:28:09for $3 billion to Austrian and Spanish corporations
01:28:13in order to generate money for tax cuts.
01:28:18So wait a minute.
01:28:20He sold something worth $100 billion for $3 billion to save money.
01:28:35Well, that just makes perfect sense.
01:28:38Because all that $3.5 billion did, it just bought down a deficit number.
01:28:45It was one year where you get the spike and you get the benefit, and that's it.
01:28:52Talk about short-term thinking.
01:28:54The 99-year lease contract allows these foreign corporations
01:28:58to charge us whatever they want to drive on our own highways.
01:29:03The government is not allowed to build a competing highway as well.
01:29:09Well, there's got to be some things that we still own.
01:29:32Okay, let's look back at what we sold again.
01:29:39Highway 407
01:29:43Highway 407
01:29:47Highway 407
01:29:51Highway 407
01:29:55Highway 407
01:29:59Highway 407
01:30:03Highway 407
01:30:07Highway 407
01:30:11Highway 407
01:30:15Highway 407
01:30:19Highway 407
01:30:23Highway 407
01:30:27But not only are Canadian companies disappearing at alarming rates,
01:30:32the Canadian jobs are as well.
01:30:52You see, the system we have is so tightly knit
01:30:55that one domino falls and it affects the rest of them.
01:30:59For instance, about 90% of GM Canada's production
01:31:03goes directly to the United States.
01:31:07And as a result of the planned U.S. economic crash,
01:31:11these are some of our most reliable customers now.
01:31:16If they can't even afford their homes, how are they going to afford our cars?
01:31:22In my opinion, this is a direct result of decades of unfair trade.
01:31:28For decades, offshore competitors have been allowed to saturate our market
01:31:34with their vehicles with no limits in place.
01:31:38Approximately 5 million vehicles a year come into our market from offshore,
01:31:43and we can't enter their markets.
01:31:47And if we can enter their markets, there's restrictions put on us,
01:31:50such as South Korea, where last year they exported 400,000 vehicles to our market.
01:31:56We are allowed to export 300 vehicles to their market.
01:32:08I just left the workplace yesterday morning.
01:32:10That's been in Oshawa since 1937.
01:32:12PPG Glass, where 160 people were told yesterday they don't have a job in March of 2009.
01:32:20A direct result of our Conservative government doing nothing in regards to unfair trade
01:32:24because most of the glass coming into our country now for vehicles is produced in China.
01:32:29And we can't compete with Chinese labor, Chinese wages.
01:32:33We can't compete.
01:32:35Colin Carey, this is his city. This is Oshawa.
01:32:3811,000 good-paying jobs have left the Oshawa area in the last two years,
01:32:44while Colin Carey has been our voice in Ottawa.
01:32:48Jim Flaherty should be ashamed of himself.
01:32:50He comes from Oshawa. He represents this sector.
01:32:53So do you think all these jobs that are being lost, are they gone for good?
01:32:56They're gone for good. They're gone forever.
01:32:59It's a lot like collective bargaining.
01:33:02Once you give something up or once you lose something, you're not getting it back.
01:33:07We lose these jobs, they're not coming back.
01:33:11And once again, we see the domino effect come into play.
01:33:15For every one assembly line job in General Motors up the street, it creates 7.5% in spin-off employment.
01:33:21So you've heard that they're going to close our truck plant next May now instead of July.
01:33:262,600 jobs are going to evaporate out of that facility.
01:33:29But then if you look at the spin-off employment, it's more around 14,000 jobs are going to be gone throughout this region
01:33:35as a result of that plant closing.
01:33:37The auto industry in Canada employs 440,000 people.
01:33:43Between auto assembly, auto parts, that's a lot of good-paying Canadian jobs
01:33:48at a time where we've lost well over 400,000 jobs in the last four and a half years because of the manufacturing crisis.
01:33:55So if you put all your eggs in one basket, this is a crisis.
01:33:59It's unprecedented. It's the worst time in our history.
01:34:02And that's why I'm offended that our government continues to turn their backs on this crisis.
01:34:08So what are the main reasons for the auto industry crisis?
01:34:12Once again, we come back to the monetary system and our government leaders selling Canadians out.
01:34:20It's troubling and I get frustrated because none of this has to happen.
01:34:26None of this has to happen. It's a cycle where the industry has its ups and downs.
01:34:31We've all seen it, any of us that have worked in the industry for a number of years.
01:34:35But never have we seen this much uncertainty. Never.
01:34:40It's becoming more evident than ever that the jobs in Canada are shifting from manufacturing to consumer-driven.
01:34:47This means bad times for working people and good times for corporate monsters like Walmart,
01:34:53who make profits from violating human rights.
01:34:57So how is Walmart violating human rights?
01:35:00Just listen to the workers themselves.
01:35:03We really work day and night in order to get the wage of less than $3 a day.
01:35:09I would respectfully like to ask the boss of Walmart to give the Chinese workers some consideration
01:35:16and a chance for a little time off.
01:35:18Customers of Walmart, when you wear expensive clothes, when your children play with high-quality toys,
01:35:24think about China and the Far East.
01:35:26Those profits you made and the wonderful life you have are the sweat and tears and overtime working of Chinese people.
01:35:33If one day I encounter a lady who just bought a toy from Walmart, I'll say,
01:35:38Respectable customer, respectable Walmart customer, do you know why you can buy such a cheap toy from Walmart?
01:35:46That's because we workers work all day, every day and night.
01:36:03But the only problem there is that if you look, it's not just Walmart.
01:36:07If you look across the board, most of the products we get come from places where this happens.
01:36:14So most of the products that Canadians are subjected to buy come from slavery-backed companies
01:36:19that our governments have allowed to grow and monopolize in our markets.
01:36:23And it doesn't really seem to bother anyone.
01:36:26Which is why Walmart's low prices are wiping out Canadian businesses.
01:36:30I mean, how is any company in Canada supposed to compete with this?
01:36:35You can't.
01:36:37That's why Walmart is so successful.
01:36:40They know that if they had workers like this in Canada, no one would stand for it.
01:36:45So they go to a country like China, where they can get away with it.
01:36:49They know that if they had workers like this in Canada, no one would stand for it.
01:36:53So they go to a country like China, where they can get away with it.
01:36:58Bring the goods back to Canada.
01:37:01Slap a happy face logo on the product.
01:37:04And sell it at marked-up prices.
01:37:07But still lower than any honest-made product from Canada,
01:37:10because it costs them so little to make the product itself.
01:37:14Letting a corporation operate like this in our country is a danger to Canadian jobs,
01:37:19human rights, and it's just plain wrong.
01:37:22But our government doesn't really find it to be an issue,
01:37:25since over 20 Walmarts open in Canada every year.
01:37:30And when economic times are tough,
01:37:32not only are we practically forced to shop at Walmart,
01:37:36but it's only these big guys that can keep their heads above water
01:37:39and take the economic hits.
01:37:43This means we'll all be working at Walmart,
01:37:48and shopping at Walmart,
01:37:50and dying at Walmart.
01:37:58But what is the most powerful business of all?
01:38:05You see, as horrible as the bankers and corporate elitists may be,
01:38:09they're nothing without the law giving them their powers.
01:38:14This is why our money is technically legal tender.
01:38:18It's the law's money.
01:38:20The law then creates laws that imperfect man will inevitably break.
01:38:28I called up my municipality and asked them why was it illegal
01:38:32to park between 3 and 5 a.m. on a residential road.
01:38:37They said it was because of snow plows,
01:38:39and that they usually come between those hours.
01:38:42In September?
01:38:44They thought it was funny too.
01:38:47The point is, this is a guaranteed cash cow.
01:38:58Here's another quick word fact.
01:39:01The word bench literally translates to bank.
01:39:06So when you hear that the judge sits on the bench,
01:39:09he actually sits on the bank.
01:39:12Interesting.
01:39:15Because the law gives the banks their power,
01:39:18and the way banks operate creates poverty,
01:39:22and since poverty is the mother of crime,
01:39:25the law makes a killing off of poverty-stricken people
01:39:29and ridiculous fines and court fees,
01:39:32which all have to be paid back with their money.
01:39:38Quite the business scheme, I must say.
01:39:41But I'm not saying that all laws are bad.
01:39:44I'm just saying that if there's one thing the law has taught us,
01:39:47it's that if you have money, the law is on your side.
01:39:51Because everything is about money.
01:39:54Think about all the rich people who get off the hook
01:39:57simply because of their wealth.
01:40:08I mean really, what's a $200 speeding ticket
01:40:11to someone who has millions of dollars?
01:40:14Nothing.
01:40:16It's no wonder why everyone wants to become a millionaire,
01:40:19because then you can get away with whatever you want.
01:40:22And ironically, it's the law that has taught us this.
01:40:26So go ahead and break the law if you have money,
01:40:29or if you write the law itself.
01:40:32For instance, our former Prime Minister Brian Mulroney
01:40:35accepted $300,000 cash in New York and Montreal hotels.
01:40:40None of the money was accounted for,
01:40:43and none of the money was taxed.
01:40:45Anyone else in Canada would probably have been jailed,
01:40:48but not Mulroney.
01:40:50You see, the last time the RCMP accused Mulroney
01:40:53for doing shady business in 1995,
01:40:56it cost them and taxpayers millions of dollars
01:40:59because they had hurt Mulroney's feelings
01:41:01by calling him a crook.
01:41:03So he did exactly what you would expect
01:41:05from a Prime Minister of Canada to do.
01:41:08He sued them.
01:41:10But could you see these kinds of events happen
01:41:12to anyone else in Canada?
01:41:14Fat chance.
01:41:24As a matter of fact, the Montreal Police Brotherhood
01:41:27said officers were recently told by their superiors
01:41:30to increase the amount of tickets issued
01:41:33from 18 to 28 tickets a day.
01:41:37The Montreal Police Union President told CTV News that
01:41:41there's only one priority for the City Hall.
01:41:44That's giving tickets, bringing more revenue to the City Hall
01:41:47instead of fighting criminality.
01:41:50The union went on to say that the increased quota mark
01:41:53was due to a $13 million budget cut.
01:42:08The Honourable Stephen Joseph Harper.
01:42:12L'Honorable Stephen Joseph Harper.
01:42:17L'Honorable Stephen Joseph Harper.
01:42:32Moi, Stephen Joseph Harper,
01:42:35je promets et jure solennellement et sincèrement
01:42:39qu'au mieux de ma compétence et de ma connaissance,
01:42:42j'exécuterai loyalement et fidèlement les pouvoirs
01:42:45et je m'acquitterai des responsabilités
01:42:48qui m'ont été confiées en qualité de Premier Ministre
01:42:51et si Dieu me soit honnête.
01:42:54I, Stephen Joseph Harper, do solemnly and sincerely promise
01:42:58and swear that I will truly and faithfully,
01:43:01to the best of my skill and knowledge,
01:43:03execute the powers and trusts proposed in me as Prime Minister.
01:43:06So help me God.
01:43:12So there you have it.
01:43:14Banks, governments, and law.
01:43:18Originally all great things,
01:43:21but they have all been hijacked from the people
01:43:24and used as tools to establish a one-world totalitarian government.
01:43:30Let me close with just one more thing
01:43:33on this question of sovereignty.
01:43:36It's very difficult for a large country to accept
01:43:40that somebody is going to come in, like the United States or like the Europeans,
01:43:43and is basically going to come in and say,
01:43:46you're not doing your regulation in a proper way.
01:43:49Fair game.
01:43:52But what's going to happen when China and India
01:43:57are economies as powerful as the United States or Europe?
01:44:01And what's going to happen when there's a mortgage meltdown in India?
01:44:05What's going to happen when a Chinese hedge fund goes under?
01:44:09And that the results of that tsunami don't stop at the Chinese or the Indian border,
01:44:14but that in fact you find them in Idaho and Iowa and California.
01:44:18Who's going to deal with that?
01:44:20Unless we're prepared to understand
01:44:23that in fact we're all going to have to give up a little bit of our sovereignty
01:44:26in order to make the world work.
01:44:29I hope that that also is something that the G20 comes to deal with.
01:44:33So those are the issues that I've got to deal with.
01:44:37I think that we are really at the beginning of a very different era.
01:44:411944, the great minds of the world, Dexter White, John Maynard Keynes and a bunch,
01:44:48essentially laid the foundations for the Bretton Woods institutions in the United Nations.
01:44:53And they built a system which functioned for over 50 to 60 years.
01:44:58I think that it's time to renew that vision.
01:45:02A very different world than one that dated.
01:45:04An independent nation-state who simply came together
01:45:07but could ignore essentially what was going on inside those countries.
01:45:10That day is over, thanks to Alan Locke.
01:45:13I think we've got to take it one step further.
01:45:15And we've got to say that in fact countries have responsibilities to their neighbors.
01:45:22And their neighbors are in every nook and cranny of the world.
01:45:25And I believe that that is going to become the debate of our generation.
01:45:30And it's one that I'm very happy to share with you.
01:45:33Thank you very much.
01:45:48If there's one thing we've learned from history,
01:45:50it's that no one can resist the pursuit to conquer the world.
01:45:55And as we know, history repeats itself.
01:45:59So how unrealistic is it to think that nothing has changed in the last few decades?
01:46:05And isn't it funny how all of these rulers were able to convince their people
01:46:10that they were the good guys?
01:46:15What's the most effective way of establishing a one-world government?
01:46:19Order out of chaos.
01:46:21Create a crisis, and then the solution that favors you.
01:46:26Take our deliberate economic crash for instance.
01:46:29It's the worst in our world's history,
01:46:32but when you see how the monetary system really works,
01:46:35it's clear as day why the world banks just happen to be the ones to pick up the pieces.
01:46:41They're people we never voted for,
01:46:43but do attend secret meetings with our world leaders,
01:46:46They're people we never voted for,
01:46:48but do attend secret meetings with our world leaders,
01:46:51bankers, media members, and corporate billionaires.
01:47:12As dire as all of this looks,
01:47:14remember everyone,
01:47:15the government is servants of the people,
01:47:18not the other way around.
01:47:26They work for us.
01:47:30So do the patriotic thing and don't vote this coming election.
01:47:35As we've seen, it doesn't matter which way you go.
01:47:40Strategic voting, or lesser of two evils,
01:47:43read the same thing on the ballot.
01:47:46Don't do it.
01:47:50So what do we do instead?
01:47:52Just pick up the phone.
01:47:55Imagine every day the government receiving phone calls and emails
01:47:58from the same number of people who voted last election,
01:48:01but this time demanding changes to be done concerning the topics of this film.
01:48:07The government staff would be overloaded and will be forced to deal with the real issues.
01:48:13This would be true democracy, not this.
01:48:17So call now.
01:48:27This is the most effective approach I see,
01:48:29because protests are basically just a group of people who don't know what to do,
01:48:34and all it takes is for one idiot to turn violent,
01:48:37and before you know it, things get out of control,
01:48:40people get hurt, and nothing gets done.
01:48:43So don't do it.
01:48:46If we can peacefully fix these issues from the comfort of our own homes, why not?
01:48:52And if you're the leader of another political party,
01:48:55quit waiting to be elected and join the real solution.
01:48:58You should know by now that the first step in becoming prime minister is
01:49:02make friends with Paul Demerais.
01:49:08Here's yet another quick word fact.
01:49:11The word parliament, when broken up into its two French words,
01:49:15literally means speak and lie.
01:49:21Well of course.
01:49:27So please, if you're watching this, get up and do something.
01:49:31It would only take a few minutes out of your daily lives to really help out your country.
01:49:40If you would like to support the people who brought you this film,
01:49:43there are a number of ways to do so.
01:49:47Raise awareness.
01:49:48Spread this movie around.
01:49:50Burn copies of it, email the video, whatever you have to do.
01:49:54In fact, the Toronto Film Festival is right around the corner.
01:49:58Maybe a viewing there would be helpful.
01:50:01Or if you're the CBC or some other news agency,
01:50:04could you consider donating some broadcasting assistance
01:50:07to the youth of Canada that brought this film together?
01:50:10We seem to be doing your job anyway,
01:50:12so a little bit of help would be very appreciative.
01:50:19Or if you're in the law enforcement departments,
01:50:21please, just remember who you're supposed to protect
01:50:24and your job's to keep peace and protect us from evil,
01:50:27not to make a business from the misery of others.
01:50:31Maybe try to create some kind of substitutions for certain fines,
01:50:35where people could repay the debt with community service instead of dollars.
01:50:40At least then they're directly repaying the community.
01:50:45We also believe that people everywhere should be free from food and energy crises.
01:50:50With all the technology and hard-working people we have at our disposal,
01:50:54there's no reason why we should all be so reliant on the businesses
01:50:57that control our most basic necessities.
01:51:01We would like to see homes and farms debt-free and self-sufficient,
01:51:04so that families aren't at risk with or without the crises we may be facing.
01:51:11I realize most Canadians are strapped for cash with the current recession,
01:51:15but this is where you influential and wealthy Canadians can really make a difference.
01:51:20Besides, in a depression, there won't be anyone buying your CDs Avril,
01:51:25or anyone going to your hockey games Crosby.
01:51:35Well Jim, if you don't want to help your own fans and country,
01:51:39have fun when hyperinflation hits and your piles of money that you love so much
01:51:43turn into piles of toilet paper.
01:52:04Hello out there, we're on the air, it's hockey night tonight.
01:52:17Tension grows, the whistle blows and the puck goes down the ice.
01:52:22The goalie jumps and the players bump and the fans all go insane.
01:52:27Someone roars, Bobby scores at the good old hockey game.
01:52:31Oh, the good old hockey game is the best game you can name.
01:52:36And the best game you can name is the good old hockey game.
01:52:43Second period, where players dash with skates aflash, the home team trails behind.
01:52:49But they grab the puck and go bursting up and they're down across the line.
01:52:54They storm the crease like bumblebees, they travel like a burning flame.
01:52:59We see them slide the puck inside, it's a 1-1 hockey game.
01:53:03Oh, the good old hockey game is the best game you can name.
01:53:08And the best game you can name is the good old hockey game.
01:53:15Third period, last game in the playoffs too.
01:53:19Oh, take me where the hockey players face off down the rink.
01:53:23And the Stanley Cup is all filled up for the champs who win the drink.
01:53:28Now the final flick of a hockey stick and a one gigantic scream.
01:53:33The puck is in, the home team wins the good old hockey game.
01:53:37Oh, the good old hockey game is the best game you can name.
01:53:42And the best game you can name is the good old hockey game.
01:53:50That's it!
01:53:57Don't tell me Canadians can't help each other out.
01:54:00If you would like to support our causes, here's the contact information to help out with donations or any other kind of assistance.
01:54:08The bottom line is, if we do nothing, we could be in very serious trouble.
01:54:13So just make a phone call.
01:54:15Or lend a hand.
01:54:18Because the future of our country depends on it.
01:54:39O Canada!
01:54:43Our home and native land!
01:54:48True patriot love in all of us command.
01:54:58With glowing hearts we see thee fall.
01:55:04From true morality.
01:55:09From far and wide, O Canada!
01:55:14We've lost our sovereignty.
01:55:20God keep our land.
01:55:25Hopefully dead free.
01:55:31O Canada!
01:55:34We have no dignity.
01:55:42O Canada!
01:55:45What's left to stand?
01:55:49From thee!
01:55:56Yah!
01:56:27In truth now I am fine.
01:56:31I'm done sifting through your mind.
01:56:35If I never find it in time.
01:56:48Seems like every time we talk.
01:56:51We know where to find.
01:56:55Without eyes open.
01:57:02We're crawling around in a way.
01:57:05Searching for the words to say.
01:57:08There ain't no need to live in here.
01:57:15We didn't know we couldn't have it all.
01:57:20We didn't know when not to talk.
01:57:27We didn't know we couldn't bottle our names.
01:57:32No, I'm not frightened.
01:57:36Tonight.
01:57:38The time of love is right.
01:57:43Contemplate the thoughts.
01:57:45What once terrified.
01:57:50Standing for life.
01:57:53Deep recorded lies.
01:57:56Even if you don't like what's inside.
01:58:05Constance living in my head.
01:58:10Though I get to meet them there.
01:58:18What I found here by the time.
01:58:21I'm done searching for your mind.
01:58:26If I never found it in time.
01:58:32The time of love is right.
01:58:36Contemplate the thoughts.
01:58:38What once terrified.
01:58:43The silence of a lie.
01:58:46Deep recorded pride.
01:58:50If you think about it.
01:58:53We will take no more.
01:58:56We will take no more.
01:59:00You will break no more.
01:59:03My precious.
01:59:06Tonight.
01:59:09The time of love is right.
01:59:13Contemplate the thoughts.
01:59:15What once terrified.
01:59:19The silence of a lie.
01:59:23Deep recorded pride.
01:59:26Even if you don't like what's inside.
01:59:33Oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh