The Taxation Boiling Pot


lobster in pot

You are a lobster and you are sitting at the bottom of a large pot, with all your fellow Canadians, feeling rather trapped now. You have already had taxes added to you to pay for past debts, and public services, and now that new infrastructure is being proposed you know that new taxes are going to have more and more taxes heaped on you. Maybe you are a Canadian being told that your stamps for mailing will go up and postal services will be reduced. What are you going to do sitting there at the bottom of that pot with the water getting ever hotter around you?

We have our governments always telling us they have no money, so they either have to cut services, or go deeper into debt, or raise taxes, but the keepers of our Power, our political leaders and representatives are keeping us stranded in the pot with a wrong paradigm. They force us to live with the wrong paradigm that keeps turning up the heat on the taxpayer and some day we taxpayers are going be cooked. Look at Greece and Spain, and Ireland and on and on, they are all taxpayers that are getting boiled in pots because their leaders live by the same paradigm as the Harper Government, and the Wyn Government, and every other provincial government.

So, what is the wrong paradigm that is going to cook us? It is a Debt Financing Economic System that can only get worse as time goes on. Flaherty and Harper keep telling us that they have been the best managers of our Economies in the G8 during the Recession, but they either do not know this secret, or they deliberately manage a Debt Economy to keep the Financial Industry happy and wealthy, and keep them in power.

The truth is as long as you as a Country keep borrowing money, and that is your governments’ sole source of financing, then you have to borrow more and more to pay for social programs and/or infrastucture, and then you have to borrow more money just to pay for money you have already borrowed. It is a sure fired formula to boil you in the pot with debt from which there is no escape.

So what is the alternative? Canada has a Bank of Canada that could create money for the Country, so our governments don’t have to borrow money from International Financial Institutions and therefore Canada, the provinces, and the municipalities don’t have to go into debt. Likewise, Canadians don’t have to have their social programs slashed ( as Harper is beginning to do ), nor do Canadians have to pay higher taxes to pay for the programs we want to keep and infrastructure that we need to have. This needs to be the new paradigm for Canada’s financial health; the Bank of Canada creating debt-free money to keep Canada out of debt.

This is not a new concept. Canada financed our Second World War effort through the Bank of Canada creating money to pay for planes, and tanks,  and ships etc. Why then can’t the Bank of Canada create money to finance the Post Office so we can get door to door mail delivery? and without the price of our stamps having to go higher. Why can’t money be created so that Toronto can build their subways? Why do the poor have to be poor and squeezed by the 1%? And why can’t we have all the social programs and infrastructure  paid for with debt-free money so our taxes don’t have to go up?

We can remain lobsters in a pot, or we can do something about it, by informing Canadians of a different way of financing our Country Canada. Please share this article on Facebook, Twitter and other platforms to get the idea out. Ideas and knowledge are power.

I suggest for anyone that is unfamiliar with the concept of the Bank of Canada creating debt-free money to pay for social programs and infrastructure to read one or all of the Related Articles below.

Related Articles:

The Question that Shouts Out from the Silence of the Page

There is a Heavy Cost to Ignorance

The Bank of Canada Must Finance our Country With Debt-Free Money Say Three Economists

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About pushinback

Back in 1993, I attended an anti-Nafta rally in Ottawa along with over 110,000 others. But despite the overwhelming opposition to NAFTA, the steamroller rolled on. It was there that I came to understand the one vital thing that I have been preaching ever since. There are so many issues, and so many fighting each issue, we are all spinning our wheels, and wasting our time, talents and energy, because each election, we give the politicians our power and so the deck is stacked against us. I said it that day and I say it with more fervency today. We all have one issue that we share, and we should all stop fighting for our own issues and losing anyways, and we should fight to achieve that one thing that we all share. We Canadians all have to fight to finally get a say between elections. We need to fight to make politicians accountable to us, the people. If there is no accountability, and the people have no say between elections, we have no Democracy. My Blog is written to teach the reader the essential knowledge of freedom and Democracy. Please read, and learn. I am one person, but I leave you my witness that one person is not powerless, only first you must first learn and then act. Let the democratic revolution begin. Kindest regards, Rob McQueen
This entry was posted in 1% / 99%, Canadian Politics, Economic / Financial / Bank of Canada and tagged , , , , , , , , , , , , , , , , , . Bookmark the permalink.

2 Responses to The Taxation Boiling Pot

  1. M L Stathers says:

    Right On!!! … have been pushing this for years & years, but the Milton Friedman neo-lib economists have everyone by the throat. …. How do we turn it around???ML

    • pushinback says:

      I am very happy to hear that you are promoting economic reform.

      Presently, former Deputy Prime Minister Paul Hellyer is writing a book on the topic of using the Bank of Canada to finance the operations of our governments. When the book is released will be trying to get him some media exposure. There is also an organization called COMER, that is Committee on Monetary and Economic Reform, that is working on the problem. Their website is http://www.comer.org/ and they have several wonderful articles to read monthly. Lastly, there are 2 political parties that are promoting economic reforms, the Canadian Action Party ( http://www.canadianactionparty.ca/ ) and the Provincial Social Credit Party in Alberta, found at http://www.socialcredit.com/index.php . All these are wonderful organization that are trying to bring changes to the Canadian political landscape. Please check these organizations out and help out where you feel comfortable and where you can.

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