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‘They’re robbing us’: 12-year-old exposes banking flaws, video goes viral   [Copy link] 中文

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Post time 2012-6-3 11:44:44 |Display all floors
‘They’re robbing us’: 12-year-old exposes Canada’s banking flaws, goes viral

2 June, 2012, 10:35


Russia Today


Economists around the world are struggling to break free of the clutches of the financial crisis but a Canadian girl explains exactly what needs to be done.
Victoria Grant, 12, became an overnight Internet sensation after a video of her slamming Canada’s banks and the government for robbing the people, went viral.
What I’ve discovered is that banks and the government have colluded to financially enslave the people of Canada,” she said at Pubic Banking Institute conference in Philadelphia.
In her interview with RT, the child economist expressed her concern that the Canadian government has been borrowing money from private banks and putting the people into debt. “And they are not doing anything about this. So they are just standing by and watching the private banks make us pay compounded interest.”
It has become painfully obvious even for me, a 12-year-old Canadian, that we are being defrauded and robbed by the banking system and a complicit government,” Victoria stated in her speech at the conference.
Until the 1970s, the Canadian government borrowed money directly from the Bank of Canada. But in recent decades, it has been borrowing from private banks instead which results in the government paying extra in interest rates to cover private banks’ profit margins.
The prodigy’s solution to her country’s financial problems is that the government “should stop borrowing from private banks and start borrowing from the Bank of Canada with little to no interest.”
The people will then pay fair taxes to repay the Bank of Canada. This tax money would in turn get injected back into our economic infrastructure and the debt would be wiped out. Canadians will again prosper with real money as the foundation of our economic structure,” she said.
Victoria’s mother, Marcia Grant, principal at the Resurrection Christian Academy, told RT that her daughter becoming an Internet sensation is “quite exciting.” “We never knew when this project started what would happen with this. It’s exciting that we get people talking and doing their own research. Whether they agree or disagree, they are at least listening and exploring.”

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Post time 2012-6-3 12:36:06 |Display all floors
Smart kid
I'm just here for the money

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Post time 2012-6-3 13:52:59 |Display all floors
“It has become painfully obvious even for me, a 12-year-old Canadian, that we are being defrauded and robbed by the banking system and a complicit government,” Victoria stated in her speech at the conference.
Until the 1970s, the Canadian government borrowed money directly from the Bank of Canada. But in recent decades, it has been borrowing from private banks instead which results in the government paying extra in interest rates to cover private banks’ profit margins.

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Post time 2012-6-3 14:02:55 |Display all floors
SMITHI Post time: 2012-6-3 13:52
“It has become painfully obvious even for me, a 12-year-old Canadian, that we are being defrauded a ...

You are very clever.

Such an important issue on CD where the only member from Canada has gone awol, scared away by SS

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Post time 2012-6-3 14:07:26 |Display all floors
This post was edited by SMITHI at 2012-6-3 14:13

Canada is one of the few developed nations that are net exporters of energy.[138] Atlantic Canada possesses vast offshore deposits of natural gas, and Alberta also hosts large oil and gas resources. The immense Athabasca oil sands give Canada the world's second-largest proven oil reserves, after Saudi Arabia.[139] Canada is additionally one of the world's largest suppliers of agricultural products; the Canadian Prairies are one of the most important global producers of wheat, canola, and other grains.[140] Canada is a major producer of zinc and uranium, and is a leading exporter of many other minerals, such as gold, nickel, aluminum, and lead.[141][138] Many towns in northern Canada, where agriculture is difficult, are sustainable because of nearby mines or sources of timber. Canada also has a sizable manufacturing sector centred in southern Ontario and Quebec, with automobiles and aeronautics representing particularly important industries.[142]

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Canada the world's second-largest proven oil reserves, after Saudi Arabia............etc etc , now why would country so filthy rich in minerals borrow from private banks?

Canada have no need to borrow obviously , beside if it had to borrow it would make more sense to borrow from Bank of Canada as it used to be in old time so interests are not so high as in private sector.

But it is not just Canada this is story of western world , story of  criminal association of those in government and bankers in order to gain vast amount of money with simple and easy trick.

How long this can go on?

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Post time 2012-6-3 14:10:55 |Display all floors
This post was edited by SMITHI at 2012-6-3 14:13
1584austin Post time: 2012-6-3 14:02
You are very clever.

Such an important issue on CD where the only member from Canada has gone aw ...


it is not about Canada moron,  your IQ is lower than pig.

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Post time 2012-6-3 14:13:53 |Display all floors
SMITHI Post time: 2012-6-3 14:10
it is not about Canada moron,  you IQ is lower than pig.

You Anglo twerp, rabbitting on to yourself with you copy and paste crud about Canadian banks.

Go back to Slovenia Traitor

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