Ontario Agriculture

The network for agriculture in Ontario, Canada

Dump your US dollar.

We have all heard of Wikyleaks, at the moment the US, UK, and yes Canadian Primister are trying to shut the site down. Why it has nothing to do with a film showing children and reporters been shown shot by helicopter pilots.

It has to do with Bank of Americia.  When I tell you this all those people who know people that have had their farms foreclosed, property taken from the bank. They had no right to, because the Bank sold the loans to a third party, yet foreclosed on the loan and jacked up the interest rate. Under UCC unversal commersal code, you cannot sell something you don't own or with out a proof of debtness if you have sold it to someone else.

So who did they sell the loans to, answer pension funds, overseas countries. Anyone who had the money to buy. I know the Australian Public Service Pension fund was one who bought these loans. So in other words the bank stole of both the home owner and the invester. Then got bailed out, by the tax payer. With fall knowledge of the US regulators. Now here is the bad news if the bank of America was doing it, this means every bank was. So this means they can be sued by anyone that has been foreclosed and the investors that buy the loans. And they will. We can only imagine what bail out mark two will do to the US dollar.

It gets better, this is for home foreclosures, lets look at credit card debt, car loans and any other loans, have they been sold too?  You bet your ass they have.  And why is China and Russian buying gold and silver, the reason the US dollar will be debased. I am no ecommionist, that gets paid to lie. But for those people who have investments, I would think very hard in what to do.

 

Views: 89

▶ Reply to This

Replies to This Discussion

Permalink Reply by OntAG Admin on January 8, 2011 at 11:12am

So Bristow,

I am not as concerned at you are with the demise of the American economy and dollar...I do think they have their challenges.

What do think the USD will trade in terms of the Canadian dollar this year?

That is more relevant to me.

Take care,

 

Joe Dales

 

.

Permalink Reply by Bristow on January 8, 2011 at 1:09pm

That depends on how much gold Canada has in reserves to base their currency on. Because as you know if no one wants pieces of paper without backing. At the moment world currency is based on the US green back. It has put more debt on that. The Euro the same. You can get plenty of debt to make money German did that after WW1. Its called run away inflation.  Why would you sell to a country when all you get back is IOUs, with the backing of debt. You will get your money if and when the people can work it off, in government jobs that produce nothing. Yet at the same time destroy the industry that creates wealth.

The system the bankers have set up, has been design to fail, for the chip and one world currency based on the work performed, not the worth of product produced.

The process is called make the problem and we will give you the answer and by the way you can't do this and have that.

Permalink Reply by bert on January 9, 2011 at 4:50am

 Glad to see somebody to day in canada understands that money is today backed by debt obligation and not always gold.

Also ask yourself were is the Canadian  gold reserve held
, Toronto, Montreal, were? Is there enough gold there if there was a run on it  or would you have to wait till it was shipped in from offshore? 
Bristow said:

That depends on how much gold Canada has in reserves to base their currency on. Because as you know if no one wants pieces of paper without backing. At the moment world currency is based on the US green back. It has put more debt on that. The Euro the same. You can get plenty of debt to make money German did that after WW1. Its called run away inflation.  Why would you sell to a country when all you get back is IOUs, with the backing of debt. You will get your money if and when the people can work it off, in government jobs that produce nothing. Yet at the same time destroy the industry that creates wealth.

The system the bankers have set up, has been design to fail, for the chip and one world currency based on the work performed, not the worth of product produced.

The process is called make the problem and we will give you the answer and by the way you can't do this and have that.

Permalink Reply by Bristow on January 9, 2011 at 4:58am

You will find their is no gold, UK sold theirs about three years ago, Australia I think 1996 under Howard. The US alot to China which found some of it debased the old lead center. You ask why simple it leaves the government nothing to fall back on.



bert said:

 Glad to see somebody to day in canada understands that money is today backed by debt obligation and not always gold.

Also ask yourself were is the Canadian  gold reserve held
, Toronto, Montreal, were? Is there enough gold there if there was a run on it  or would you have to wait till it was shipped in from offshore? 
Bristow said:

That depends on how much gold Canada has in reserves to base their currency on. Because as you know if no one wants pieces of paper without backing. At the moment world currency is based on the US green back. It has put more debt on that. The Euro the same. You can get plenty of debt to make money German did that after WW1. Its called run away inflation.  Why would you sell to a country when all you get back is IOUs, with the backing of debt. You will get your money if and when the people can work it off, in government jobs that produce nothing. Yet at the same time destroy the industry that creates wealth.

The system the bankers have set up, has been design to fail, for the chip and one world currency based on the work performed, not the worth of product produced.

The process is called make the problem and we will give you the answer and by the way you can't do this and have that.

▶ Reply to Discussion

RSS

Agriculture Headlines from Farms.com Canada East News - click on title for full story

High prices of farmland translates to higher rental rates

Farmland rental rates are keeping pace with the value of farmland across Canada. Farm Credit Canada (FCC) provides a rental rate analysis for all cultivated farmland from data on cash rental rates and the Farmland Values Report. The analysis provides a detailed breakdown of rent-to-price ratios by province, highlighting variations in rental rates and farmland appreciation across different regions. When the ratio is lower it assumes cash rental rates are appreciating at a slower pace than land values. An increase in the ratio indicates that rental rates are increasing faster than land values. FCC chief economist J.P. Gervais said the national rent-to-price ratio in 2023 was 2.52 per cent which was a slight decline from 2022. He said it was important to note Saskatchewan, Manitoba, and Quebec had increases in rental rates, maintaining stability in rent-to-price ratios. “There are challenges that come with buying land amid increasing land values and elevated interest rates,” Gervais

Manitoba’s livestock predation program received financial support

Wildlife attacks on livestock are a significant problem for Manitoba producers with over 2,000 livestock lost each year. Farmers and ranchers have been asking for some form of support to implement measures to discourage these attacks. The federal and Manitoba governments are providing $500,000 to Manitoba’s Livestock Predation Prevention Program which supports on-farm measures to deter predator attacks and promotes the co-existence of wildlife and livestock in agricultural regions. Manitoba Beef Producers (MBP) President Matthew Atkinson said the program provides two funding streams for producers including the purchase of equipment, livestock guardian dogs and constructing predator resistant fencing. “The cost-shared funding for practices is aimed at reducing the risk of predation and encourages eligible producers to explore the two programs. MBP appreciates the engagement with the province on the development of strategies to help reduce livestock predation and the negative effects

Bayer Crop Science Canada Partners with U of A to Unlock Canola Potential

Bayer Crop Science Canada has partnered with the University of Alberta (U of A) to research the genetic diversity of Canada’s most exported crop – canola. Through this research, the team at U of A aims to make hybrid canola stronger, leading to an increased yield for Canadian farmers. “There is a prosperous future for canola in Canada,” says Antoine Bernet, President and CEO, Bayer Crop Science Canada. “The talented research team at the University of Alberta are developing hundreds of canola lines, which could be a game changer for our farmers. Having canola that not only has an increased seed yield, but is also more disease resistant, would be an incredible step forward for Canadian agriculture.” The research team is currently evaluating the genes of brassica vegetables, such as broccoli and kale, to determine which are best for breeding new lines of canola to produce the strongest hybrids. These types of plants are closely related to canola, and showcase the untapped genetic range

Drought Fears Tempered by Optimism as Moisture Arrives in Some Seed Growing Regions

As Alberta braces for a potential drought, seed growers are optimistic that farmers won’t be too adversely affected should dry weather plague the province in 2024. “It doesn’t usually take much to break a drought — a couple of good rains can do wonders. If we do get above-average moisture, things should be fine. But if not, and we end up with average or below-average moisture during the growing season, we’ll have to adjust our irrigation strategies,” says Will Van Roessel, owner of Specialty Seeds in Bow Island, Alta. Specialty Seeds, which grows a variety of crops for seed including hybrid canola, wheat, hemp, pea, and more, is situated in the St. Mary’s River Irrigation District, which happens to be the largest irrigation district in Canada. It’s quite substantial, covering a little over half a million acres. “Most people will likely shift water allocation from lower-value crops to higher-value ones. It’s a bit of a juggling act, and crop insurance coverage plays into it, too. I r

ROI announces recruitment for the 2024 Rural Change Makers Program

The Rural Ontario Institute (ROI) is pleased to announce the opening of recruitment for the 2024 Rural Change Makers (RCM) program with the support of regional partners:

© 2024   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service