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: 176

▶ 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

Hursh: Court documents reveal scope of Monette Farms' financial challenges

As reported on Wednesday, Monette Farms and its many affiliated companies have filed for creditor protection. The court document filed at Court of King's Bench in Calgary provides insight into the size and scope of Monette's operations and the extent of their financial difficulties. According to the court document, the Monette Group forms one of the largest private farming businesses in North America with operations in Alberta, Saskatchewan, Manitoba, B.C., and the states of Montana, Colorado and Arizona. The group owns approximately 274,000 acres of land and leases approximately 218,000 acres. It also has seed processing and produce storage facilities. The restructuring plan is debtor-in-possession financing, because the applicants are insolvent and don’t otherwise have the finances to seed a crop this spring. Monette did recently sell some farmland, most notably about 13,000 acres near Stewart Valley, Saskatchewan for $54 million. Subsequent activity resulted in two more sales t

Removal of non-tariff trade barrier for flaxseed to the EU reflects confidence in Canada’s agricultural exports

Canada is one of the world's largest producers and global exporters of flaxseed. Our high-quality products are enjoyed by millions of people around the world on a daily basis. May 1, 2026, will mark the official termination of the longstanding Sampling and testing protocol for Canadian flaxseed exported to the European Union (the Protocol). Removal of this non-tariff barrier, that has been in place since 2009, is a recognition of the safety, reliability and quality of Canadian agricultural and agri-food exports. This demonstrates the strength of the Canada-EU Strategic Partnership and a shared commitment to resolving long-standing trade irritants through cooperation and dialogue. In July 2009, trace amounts of an unauthorized genetically modified flaxseed called CDC Triffid was detected in a Europe-bound shipment, leading to the immediate and temporary cessation of flaxseed exports. Following the detection, AAFC worked diligently with the Canadian Grain Commission (CGC), industry par

Cereals Canada Releases "Securing Global Markets for Canadian Wheat" Report

Cereals Canada today released its new report, Securing Global Markets for Canadian Wheat, during a webinar that brought together farmers, researchers, plant breeders, and value chain partners from across the sector. The report outlines how targeted market development, technical engagement, and science-based policy advocacy are helping to protect, maintain, and grow global demand for Canadian wheat in an increasingly complex trade environment. Canadian wheat is exported to more than eighty international markets each year, with over twenty-eight million tonnes expected to ship globally in 2025–2026. Canada is the world's number one exporter of durum wheat and oats and is on track to be the third-largest wheat exporter overall, reinforcing the importance of diversified and stable international demand. The Securing Global Markets for Canadian Wheat report provides a snapshot of six international markets that were part of Cereals Canada's 2025 market development activities. These activiti

Monette Farms Seeks Court Protection as Mega-Farm Restructures Amid Financial Pressures

Monette Farms has entered court-supervised restructuring under the Companies’ Creditors Arrangement Act while continuing operations across Canada and the United States.

Removal of non-tariff trade barrier for flaxseed to the EU reflects confidence in Canada's agricultural exports

Canada is one of the world's largest producers and global exporters of flaxseed. Our high-quality products are enjoyed by millions of people around the world on a daily basis.

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service