Canada - A Good Place for Swindlers

Al Rosen, author of 'Swindlers' says Canada worse than US for protecting investor rights

Category:

News & Politics

Tags:

• Banking
• investor
• Canada
• finance
• reserve bank
• currency
• economy
• monitory market
• economic

[jesterua67]

Ya , lets model ourselves after the USA ... I dont think so , the SEC is corrupt and useless ... I 'd rather not have it... goldman sachs can stay the fuck on wall street.

[GetMeThere1]

Interesting interview and info. Thanks RealNews.

[sirellyn]

@WilhelmDrake If he was talking about currency he is correct, but if he was talking simply of money that statement was wrong. Like I said, it's an invention from how we've evolved.

If you are against the current monetary system, good. It's screwed up and insidious.

But saying you are against "money" in general or that it's evil, is like saying the same thing about farming. It's an absolutely ridiculous statement.

[WilhelmDrake]

@sirellyn

Money is not a type of barter. As Aristotle said, "money exists not by nature but by law".

[WilhelmDrake]

@boumar19721972

Your argument is completely fallacious. You're just listing a bunch of bad things and stating they are the result of the monetary system (which completely ignores the wide variety of monetary systems which exist or have existed in the past). That's not an argument. Maybe you should read some of the great monetary historians of the past such as Alexander del Mar.

[sirellyn]

@boumar19721972 "Money" is an invention like farming. It would exist even if you tried to take it all out. Money is simply the most commonly accepted type of barter. And people ultimately barter as so they can balance their efforts.

Even if you waved a wand to make everyone altrustic (which is as evil an idea as wanting to mind control everyone) people would give their time and effort to people who asked for it. The people who ask first/the most would get resources. Everyone else wouldn't.

[boumar19721972]

@WilhelmDrake The negative of a money system outweigh the good side of it. And economists are propagandists of money. So the site you are referring me to is full of those.

[WilhelmDrake]

@boumar19721972

Who said I love money? Money is just a tool, used properly can result in gains, improperly can lead to losses. How one defines money affects how it will be used. See The Lost Science of Money by Stephen Zarlenga. He is president of the American Monetary Institute @ monetary.org

[boumar19721972]

@WilhelmDrake Why do you love money that much? Why couldn't we live without money? Animals do, and if you look at the lion structure they don't kill their kind because of money!

[WilhelmDrake]

@boumar19721972

Thats the most retarded idea ever. There is indeed a problem with the monetary system, but its not its existance, its the fact that we have allowed it to fall into private hands. We must return it to the public where it belongs.

[boumar19721972]

@sentenced988 No. What I meant was getting rid of money! Check out "zeitgeist addendum" no youtube! Having a monetary system is the problem of society today!

[sentenced988]

@boumar19721972 I'm not a savage capitalism defender, but a resource based economy is quite risky since their price are instable. This would mean that the economy in its ensemble would be instable just like russia and almost all african countries one.