statism watch

Flaherty, the newly minted Keynesian, now the reluctant Keynesian? Or does this have more to do with worries at the international level that the engineered financial collapse is getting away from its architects – including Bilderberg conference attendee Tim Geithner, pictured below? Either way, putting the brakes on this thing is a good idea. Perhaps the Canadian government has some stirrings of an independent survival instinct, after all.

Flashback: Report from the 2009 Bilderberg Conference | US backing for world currency stuns markets | Geithner Said to Have Prevailed on the Bailout | Flaherty appoints business leaders to economic advisory council | Flaherty calls for mandatory IMF surveillance | Flaherty lauds Keynesian global ‘economic stimulus’ strategies | Who are the Architects of Economic Collapse? | Globalists Exploit Financial Meltdown In Move Towards One World Currency | Behind the panic: Financial warfare over the future of global bank power | Bilderberg Seeks Bank Centralization Agenda

Les Whittington, Toronto Star
June 13, 2009

Canada’s Finance Minister Jim Flaherty, right, chats in Lecce with U.S. Treasury Secretary Timothy Geithner, centre, and Egyptian Finance Minister Youssef Boutros-Ghali, who heads the IMF’s policy-setting committee. (Claudio Longo, Reuters)

OTTAWA – Finance Minister Jim Flaherty says it’s time for governments in Canada and elsewhere to think about getting out of the business of trying to use public money to cure the sick economy.

“I think what we need to work on is an exit strategy,” Flaherty told reporters as he arrived at a meeting in Lecce, Italy, of finance ministers from the Group of Eight, the world’s largest industrial democracies.

The G8 finance ministers’ meeting could wind up with a stark division pitting countries like Canada and Germany, favouring a quick wind-down of stimulus spending, against the United States and Britain, which favour continued government pump-priming efforts.

U.S. Treasury Secretary Timothy Geithner has said he will urge fellow finance chiefs to stay the course on economic stimulus spending and financial reforms to avoid any risks to a fledgling recovery.

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Water… and trade. Water… and trade. Where could they be going with this?

Flashback: Changes to law could affect navigation of Canadian waters, critics say | Detroit granted water extraction exemption due to ‘historical precedent’ | Bilderberg-connected Desmarais dynasty thinktank supports exporting Canada’s water | Water pact will deplete Great Lakes, expert fears | Beware thirsty Americans, Kennedy tells Canada | Closed-door talks focusing on our water supply | Canada’s water needs protection from thirsty America: trade lawyer

CBC News
June 13, 2009

Canada and the United States will renegotiate the Great Lakes Water Quality Agreement, U.S. Secretary of State Hillary Clinton said Saturday in Niagara Falls, Ont.

Clinton, who was joined by Foreign Minister Lawrence Cannon, crossed the border for celebrations marking 100 years of the Boundary Waters Treaty between the two countries.

“We have to update it to reflect new knowledge, new technologies and, unfortunately, new threats,” Clinton said.

“The rivers, the lakes, the streams, the watersheds along our boundary do not belong to one nation, they belong to all of us,” she said at celebrations overlooking the falls.

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Isn’t that lovely – the three largest competing cellular companies all came together in a miraculous show of unanimity to assist in inducting the Canadian public into the new credit-based monetary system. It’s all sweetness and light and identity tracking and full-on economic surveillance. But this Canadian announcement is just a pilot project for the global iniative this journal has been warning you about. When all is said and done, central banks will be issuing illusory electronic ‘credit’ based money directly to your cellphone – if you’re good – and cash will be deprecated. They’re openly saying this, and the further away we get from physical money, the more control the banks can exert over the money supply.

Flashback: Bullion and Bandits: The Improbable Rise and Fall of E-Gold | Digital Money Forum Pushes For Electronic Currency | Obama signs U.S. credit card reforms into law | Credit card changes benefit families, Flaherty says | Credit companies seek to avoid regulation, create global debit system | US backing for world currency stuns markets | Coming soon to your cellphone: Your credit card via RFID chip | ‘Smart’ Credit Cards, Pilot Project set the Groundwork for Wireless Credit Wallets | New credit cards may shift unauthorized-transaction liabilities to the holder

Simon Avery, The Globe and Mail
June 13, 2009

In an unprecedented show of collaboration, Canada’s three main wireless companies will unveil a service Monday that will let people exchange money through their cellphones.

The move is the first step in creating electronic wallets that contain not only cash but also other essentials such as credit cards and personal identification. Although mobile payment services exist in other countries, the Canadian phone companies say their offering is the first built through full industry collaboration.

Rogers Communications Inc (RCI.A-T33.070.070.21%) ., Bell Canada and Telus Corp. (T-T32.00-0.55-1.69%) quietly came together four years ago – even as they continued to wage fierce battles against each other for customers – to form a jointly owned company called EnStream LP.

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