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: 149

▶ 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

Canola industry welcomes significant progress on Chinese tariffs

The Canola Council of Canada (CCC) and Canadian Canola Growers Association (CCGA) welcome the announcement made today in Beijing to provide significant tariff relief for Canadian canola seed and meal. Under the agreement reached between Canada and China, tariffs on Canadian canola seed imports are expected to be reduced to 15% as of March 1, 2026, and the current 100% tariffs on canola meal are expected to be removed as of March 1, 2026, until at least the end of the calendar year. “The agreement reached on canola seed and meal is an important milestone in Canada’s trading relationship with China,” says Chris Davison, CCC President & CEO. “The Canadian canola industry has been clear since the outset that these tariffs are a political issue requiring a political solution. We are pleased to see significant progress in restoring market access for seed and meal and will continue to build on this development by working to achieve permanent and complete tariff relief, including for canola o

Prime Minister Carney forges new strategic partnership with the People's Republic of China focused on energy, agri-food, and trade

In a more divided and uncertain world, Canada is building a stronger, more independent, and more resilient economy. To that end, Canada's new government is working with urgency and determination to diversify our trade partnerships and catalyse massive new levels of investment. As the world's second-largest economy, China presents enormous opportunities for Canada in this mission. To forge a new Canada-China partnership, the Prime Minister, Mark Carney, visited Beijing, the People's Republic of China, this week. This marked the first visit to China by a Canadian Prime Minister since 2017. In Beijing, Prime Minister Carney met with the President of China, Xi Jinping, the Premier of China, Li Qiang, and the Chairman of the Standing Committee of the National People's Congress of China, Zhao Leji. After their meeting, Prime Minister Carney and President Xi released a joint statement outlining the pillars of Canada and China's new strategic partnership. Central to this new partnership is a

TELUS completes redemption of 3.75% Notes, Series CV due March 10, 2026

TELUS Corporation ("TELUS" or the "Company") today confirmed the successful completion of the full redemption of its outstanding C$600 million 3.75% Notes, Series CV due March 10, 2026 (CUSIP No. 87971MBC6), as initially announced on December 16, 2025. The redemption was funded through proceeds from TELUS' December 2025 offering of Fixed-to-Fixed Rate Junior Subordinated Notes ("Hybrid Notes"), which raised the equivalent of C$2.9 billion with proceeds designated toward debt repayment. "This successful redemption demonstrates our disciplined approach to balance sheet management and our commitment to strengthening our financial foundation," said Doug French, Executive Vice-President and CFO. "By proactively managing our debt maturity profile through strategic refinancing, we're creating greater financial flexibility to support our capital allocation priorities and drive long-term shareholder value." This redemption is part of TELUS' broader balance sheet management and deleveraging in

Christina Franc appointed CEO of 4-H Canada

4-H Canada has announced the appointment of Christina Franc as its new Chief Executive Officer, effective later this month. Franc joins 4-H Canada after more than 15 years in senior leadership roles with national nonprofit organizations, most recently at United Way Centraide Canada (UWCC). During her time at UWCC, she worked closely with community partners across the country and gained extensive experience in governance, strategic planning, partnership development, and rural community engagement. In a statement shared on social media, Franc says joining 4-H Canada represents a role that has been calling to her for many years. She first encountered the organization more than a decade ago and said its mission and values left a lasting impression. “I’m deeply honoured to be joining 4-H Canada as CEO,” says Franc, adding that she is excited to support and champion the next generation of community-minded young leaders. 4-H Canada welcomed Franc and highlighted her leadership experience

Cracking the Heritability Code — Choosing Traits That Pay Off

Improving the genetics of your beef herd starts with knowing which traits you can change through genetics and which traits respond better to management practices. Because cattle have a long generation interval, every bull or replacement heifer you choose affects your herd for years. That’s why understanding heritability — and how traits interact with each other — helps ensure your breeding decisions move your herd toward your production goals. What Heritability Really Means  Heritability tells us how much of a trait is controlled by genetics versus the environment and/or management. It’s expressed as a number between zero and one:1,3 High heritability (over 0.40): Traits are strongly influenced by genetics, meaning you can make changes more quickly by selecting the right replacements and bulls. Examples: ribeye area, marbling, weight and growth traits. Moderate heritability (0.15 to 0.40): Traits that can be improved through both genetics and management. Examples: milk production a

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service