bjre

Bottomless wall street is where the money go. The topic is here:

YOU FAILED AS USUAL TO SHOW ANY EVIDENCE. Why are we sending money, jobs and equipment to China anyway? Here is one example on how western countries rob from developing countries. IMF's four steps to damnation How crises, failures, and suffering finally drove a Presidential adviser to the wrong side of the barricades Gregory Palast The Observer, Sunday 29 April 2001 (Joseph Stiglitz: ex-chief economist at the World Bank) It was like a scene out of Le Carré: the brilliant agent comes in from the cold and, in hours of debriefing, empties his memory of horrors committed in the name of an ideology gone rotten. But this was a far bigger catch than some used-up Cold War spy. The former apparatchik was Joseph Stiglitz, ex-chief economist of the World Bank. The new world economic order was his theory come to life. He was in Washington for the big confab of the World Bank and International Monetary Fund. But instead of chairing meetings of ministers and central bankers, he was outside the police cordons. The World Bank fired Stiglitz two years ago. He was not allowed a quiet retirement: he was excommunicated purely for expressing mild dissent from globalisation World Bank-style. Here in Washington we conducted exclusive interviews with Stiglitz, for The Observer and Newsnight, about the inside workings of the IMF, the World Bank, and the bank's 51% owner, the US Treasury. And here, from sources unnamable (not Stiglitz), we obtained a cache of documents marked, 'confidential' and 'restricted'. Stiglitz helped translate one, a 'country assistance strategy'. There's an assistance strategy for every poorer nation, designed, says the World Bank, after careful in-country investigation. But according to insider Stiglitz, the Bank's 'investigation' involves little more than close inspection of five-star hotels. It concludes with a meeting with a begging finance minister, who is handed a 'restructuring agreement' pre-drafted for 'voluntary' signature. Each nation's economy is analysed, says Stiglitz, then the Bank hands every minister the same four-step programme. Step One is privatisation. Stiglitz said that rather than objecting to the sell-offs of state industries, some politicians - using the World Bank's demands to silence local critics - happily flogged their electricity and water companies. 'You could see their eyes widen' at the possibility of commissions for shaving a few billion off the sale price. And the US government knew it, charges Stiglitz, at least in the case of the biggest privatisation of all, the 1995 Russian sell-off. 'The US Treasury view was: "This was great, as we wanted Yeltsin re-elected. We DON'T CARE if it's a corrupt election." ' Stiglitz cannot simply be dismissed as a conspiracy nutter. The man was inside the game - a member of Bill Clinton's cabinet, chairman of the President's council of economic advisers. Most sick-making for Stiglitz is that the US-backed oligarchs stripped Russia's industrial assets, with the effect that national output was cut nearly in half. After privatisation, Step Two is capital market liberalisation. In theory this allows investment capital to flow in and out. Unfortunately, as in Indonesia and Brazil, the money often simply flows out. Stiglitz calls this the 'hot money' cycle. Cash comes in for speculation in real estate and currency, then flees at the first whiff of trouble. A nation's reserves can drain in days. And when that happens, to seduce speculators into returning a nation's own capital funds, the IMF demands these nations raise interest rates to 30%, 50% and 80%. 'The result was predictable,' said Stiglitz. Higher interest rates demolish property values, savage industrial production and drain national treasuries. At this point, according to Stiglitz, the IMF drags the gasping nation to Step Three: market-based pricing - a fancy term for raising prices on food, water and cooking gas. This leads, predictably, to Step-Three-and-a-Half: what Stiglitz calls 'the IMF riot'. The IMF riot is painfully predictable. When a nation is, 'down and out, [the IMF] squeezes the last drop of blood out of them. They turn up the heat until, finally, the whole cauldron blows up,' - as when the IMF eliminated food and fuel subsidies for the poor in Indonesia in 1998. Indonesia exploded into riots. There are other examples - the Bolivian riots over water prices last year and, this February, the riots in Ecuador over the rise in cooking gas prices imposed by the World Bank. You'd almost believe the riot was expected. And it is. What Stiglitz did not know is that Newsnight obtained several documents from inside the World Bank. In one, last year's Interim Country Assistance Strategy for Ecuador, the Bank several times suggests - with cold accuracy - that the plans could be expected to spark 'social unrest'. That's not surprising. The secret report notes that the plan to make the US dollar Ecuador's currency has pushed 51% of the population below the poverty line. The IMF riots (and by riots I mean peaceful demonstrations dispersed by bullets, tanks and tear gas) cause new flights of capital and government bankruptcies This economic arson has its bright side - for foreigners, who can then pick off remaining assets at fire sale prices. A pattern emerges. There are lots of losers but the clear winners seem to be the western banks and US Treasury. Now we arrive at Step Four: free trade. This is free trade by the rules of the World Trade Organisation and the World Bank, which Stiglitz likens to the Opium Wars. 'That too was about "opening markets",' he said. As in the nineteenth century, Europeans and Americans today are kicking down barriers to sales in Asia, Latin American and Africa while barricading our own markets against the Third World 's agriculture. In the Opium Wars, the West used military blockades. Today, the World Bank can order a financial blockade, which is just as effective and sometimes just as deadly. Stiglitz has two concerns about the IMF/World Bank plans. First, he says, because the plans are devised in secrecy and driven by an absolutist ideology, never open for discourse or dissent, they 'undermine democracy'. Second, they don't work. Under the guiding hand of IMF structural 'assistance' Africa's income dropped by 23%. Did any nation avoid this fate? Yes, said Stiglitz, Botswana. Their trick? 'They told the IMF to go packing.' Stiglitz proposes radical land reform: an attack on the 50% crop rents charged by the propertied oligarchies worldwide. Why didn't the World Bank and IMF follow his advice? 'If you challenge [land ownership], that would be a change in the power of the elites. That's not high on their agenda.' Ultimately, what drove him to put his job on the line was the failure of the banks and US Treasury to change course when confronted with the crises, failures, and suffering perpetrated by their four-step monetarist mambo. 'It's a little like the Middle Ages,' says the economist, 'When the patient died they would say well, we stopped the bloodletting too soon, he still had a little blood in him.' Maybe it's time to remove the bloodsuckers.

http://www.thestar.com/news/investigations/immigration/article/901584--so-you-think-you-know-everything-about-canada-eh

The system that make organizations similar with Residential Schools exist is still there, for example: Ontario children are victimized everyday because Children's Aid Societies, private corporations just like a fast food restaurant, are allowed to kidnap children from their parents and free from Ontario Ombudsman Oversight or criminal investigations.

Canadian government has some equitable to a Fascist regime. Beijing has nothing to do with Fascism. Compare the 2 governments is not my idea.

Why many people are ordered to do many hours of community work in Canada? Because western nations have robbed and is still robbing the developing countries include China by international laws and banking rules. Because the massacre is a lie. The singular incidents that I mentioned are showing the Fascists side in Canada. I don't care about what happened in Beijing or on Mars. Many of your mentioned about that are lies.

But human right issues still happening, that means there are still things need to do. No massacre at Tiannemen Square in 1989. That is lie. No apologize needed. I have talked this before, and it is off topic. The topic is here:

Because after so many things happened include: A 16 year old kids unable to show an ID card, he would be arrested. People are being arrested on a mass scale in G20 A woman is arrested just because she asked why she is stopped when she walking home on the street. You still try to ignore these fascist like incident.

I am talking about human right and freedom. You are against my topic on human right and freedom, obviously, you are more like a Fascist nationalist.

That is your real purpose. Try to hide the evilness in Canada. So that thousands kids died in Residential Schools may repeat under this system. If you just think of yourself, ignore the life of the people in your same country, ignore the future life of your kids, that is OK, I am not sure if this is just your culture. If it is, it is just evil. So your talking here is nothing but purely hypocritical.

Because talking about freedom here is for more people to know the real human right situation here so that more people can realize there are things need to do to improve their life here. Those talking about other countries are trying to deny that Canada has human right problem so that refuse anything need to do in this country. You question can also ask for the forum itself, Ask them why need Canadian Politics, International Politics, Off-Topic Discussions.

At least it talks about freedom in Canada instead of a place far away.

In Canada, a murder can shoot you and survive with your tax dollars (if you pay tax), there is a shoot each day in Toronto in average. Enjoy it with your same kind who may often need it.

Sorry, duplicated post due to mistake. deleted.

There are people who want escape from Canada. Here is the example: Here is the video: And if you keep on forget the subject, the topic is here:

Both of you just repeat lies cried by the evil western media original from CIA. Enjoy your repeating repeating repeating repeating of the lies. Your talking about Mao is lie. You love repeat the lies, it is ok. Europeans killed 100 million aboriginals in Americas. -- I just repeat the truth whenever you repeat the lie and when I have time and happen to like to spend it. Plus in Canada thousands kids killed in residential schools. And if you keep on forget the subject, the topic is here:

I am not a Marxist expert, and I don't know your situation. But according to the part of Marxism I know, it revealed Western problem. For example, Marx's economics theory shows how capitalist try to take more from the wealth workers created: The ratio between the wages [the value of the labour(-power)] and the surplus value—or, alternatively speaking, the ratio between the necessary and surplus labour time—Marx called the rate of surplus value. s′ = s / V = st / lt Where: s′ is the rate of surplus value s is the surplus value; V is the variable capital (the wages); st is the surplus labour time; nt is the necessary labour time; Marx held that the rate of surplus-value is determined by struggle between the working class and the capitalist class. The workers attempt to increase necessary labour time (by demanding higher wages) and/or decrease surplus labour time. Two of their main weapons are trade union activity and getting legislation passed to limit the length of the working day. The capitalists attempt to do the opposite, their main lever being the fact that a worker will starve if the capitalists refuse to hire him. Marx presents considerable amounts of data in Capital (e.g. Volume I, Chap's X, XV) on wages and working conditions in England up to the late 1860s, and on the struggle via the Factory Acts to achieve legislated limits on the length of the working day for women and children. (Ca. 1833: limited to 12 hours for children, eight hours for those under 13; 1844: 12 hours for women, 6½ or seven hours for children; 1848: 10 hours for women and young persons.) These applied at first only to parts of the textile industry; between 1845 and 1863 several other industries, notably baking, were brought under the purview of these acts.[6] But he has the limitation because he lives nearly 200 years ago. If he see today's robbery by bank, financial market, the amount that capitalist can robber at that time is too tiny compare to today's robbery. If you lived in a country that you feel sad, maybe it is not because of the Marxism itself. No matter what kind of -ist some people are, and what -ism they try to use, if they thinks only about themselves, and do harm on others on purpose, those are evils, there are many such evils in currently western politicians. Those politicians makes Canada human right situation poor and freedom becomes a lie so that many sadness talking in this thread and other threads happened here. Such sadness can happen to you before the situation be changed. Your sadness in another country can not prove the sadness in this country is correct. You met a evil in another country can not prove the evils in this country is better.

Mao drove away all the foreign robbers, those robbers had killed countless Chinese when they invade China, they won't stop their robbery because of their nature. Mao made his best effort to make Chinese living better life， but he don't care about his own life, only this, no western politician can do like him. CIA keep make up lies about him. How ugly about this. West politicians keep tell those lies only try to change the focus from western robbers kills 100s of millions of people world-wide include the 100 killed in Americas

Your talking about Mao is lie. You love repeat the lies, it is ok. Europeans killed 100 million aboriginals in Americas. -- I just repeat the truth whenever you repeat the lie and when I have time and happen to like to spend it. Plus in Canada thousands kids killed in residential schools.

Uh yeah...last time I checked I don't think thats what "the laws" were there to do. Here is an example: Canada has a law "bank act article 457", it says Canada’s Private Banks have no Reserve Requirements. The private banks can loan money to you as morgage and charge you interest. It also lend money to the government and charge government interest and ask taxpayers to pay for it. But they need not have any money to lend you money, all they need is write a digit and save it in their computers. But most people like you and me can not do that, otherwise it will be defined as a crime.

The laws are the way to adjust people's behavior. The laws should not be only make monopoly robbery easy to work. It should be an efficient law system and make more people can benefit from that, in that case enterprinoers will come and hire many people here, more people will be richer to be able to employ more people, Canada's economy will benefit from that. In that case, even I am not able to employ many people, there will be plenty of smart people who can.

I am talking about Canada silly. Here is an example on how a criminal made in Canada. Career criminal claims his life of crime began with the Chatham, Ontario CAS Former CAS Crown Ward vows to go straight after a lifetime of criminal activity By Mike March - Monday, July 1, 2008. Placing children into the care of the Children’s Aid Society is one way of ensuring that those in the legal and law enforcement industries will be ensured an ongoing supply of criminals to keep their systems running at full tilt. A recent court case in London, Ontario involving former CAS Crown Ward, Mervyn Breaton, supports what a recent study out of British Columbia has shown – that kids placed in foster care are more likely to be involved in a life of crime than getting a proper education. The 87 year-old Breaton appeared before Justice Ross Webster in London, Ontario on charges relating to drugs and breach of probation. Breaton said his history of being involved in crime began after he was placed into the care of Children’s Aid Society in Chatham as a child. Braeton said that since the time he was placed in the care of the CAS that crime and jails is all that he has ever known. "They threw me into Children's Aid and from then on it was one jail to another," he said. In spite of Braeton’s involvement with CAS years ago, evidence would seem to indicate that many of the influences at CAS facilities which got him into a life of crime in the first place are still present and that not much at the CAS has improved over the years. Even today, children living in group homes and foster homes in Ontario are being exposed to various forms of abuse and neglect with Ontario’s various CAS agencies fighting to keep Ontario’s Ombudsman, Andre Marin from having oversight over their agencies. In the past year alone, Court Watch has interviewed kids in care who have reported a wide range of activities inside CAS facilities including beatings, assaults, drug use, sexual abuse and neglect while in the care of Ontario’s CAS child protection system. Many of these children report that CAS workers and police turn a blind eye to abuses they suffer while in care. Some girls become pregnant while in care of CAS as a result of the lax care and supervision found in many CAS facilities. Some CAS workers have been caught trying to cover-up abuse of children in their care in order to cover up incompetence by their own workers. Overall, Breaton has spent more of his life inside a jail than outside and at the peak of his career he spend 19 years of his life at the world famous Alcatraz prison located in San Francisco Bay. While in Alcatraz, he looked after the infamous “Bird Man of Alcatraz” who was known in real life as Robert Stroud. His record includes a string of car thefts, weapons and drug convictions and vehicular manslaughter. He was an expert at escaping custody and on one of his escapades managed to escape from Collins Bay penitentiary in Kingston, Ontario in a daring over-the-wall flight to freedom. "The next day I was in Toronto robbing banks," he said. Justice Webster gave the 87 year-old former CAS ward a hefty $5,000 fine. The fine is money which will not likely be put to good use as it will be given back to the Province of Ontario where from there some of it will be used to fund CAS agencies in their work to place yet more kids into CAS care. After pleading guilty in court, Mervyn says, he really, really means it this time. "I'm getting too old for this stuff," he said. One can only imagine what his life would be like today if he had had not been thrown into the hands of the CAS where he was likely given his first taste of crime. All this destruction of children by the CAS is funded by the taxpayers of the Province of Ontario of course.

Just another example of military industry rob money from tax payers.

If the total cost of time is one hour, will the saving more than legal minimum salary for that hour?

It is not the Charter of Rights and Freedom helped the criminals. It is too less care for the people that need help. If most poor people can have no worry about a job and live a smooth life that nothing need to worry about and no one bully them, seldom will anyone like to risk to crime. Cops bully people only make more people angry and choose more hidden way on crime, for living and for anger and for madness.