“Keeper of the Slave Rolls”
(Bailing In Our Senior Citizen Liabilities???)
“At this festive season of the year, Mr. Scrooge, … it is more than usually desirable that we should make some slight provision for the Poor and destitute, who suffer greatly at the present time. Many thousands are in want of common necessaries; hundreds of thousands are in want of common comforts, sir.”
“Are there no prisons?”
“Plenty of prisons…”
“And the Union workhouses.” demanded Scrooge. “Are they still in operation?”
“Both very busy, sir…”
“Those who are badly off must go there.”
“Many can’t go there; and many would rather die.”
“If they would rather die,” said Scrooge, “they had better do it, and decrease the surplus population.”
Ebeneezer Scrooge, A Christmas Carol (1843) by Charles Dickens
Soooo, since there’s not really anything at all of any significance happening around the world right now, allow me to tap your head with a little hammer blow that’s been tapping at my mind for a while. It has to do with human value and Harper’s Bail-In Provisions and The Custos Rotulorum (still in effect), and common Law and using a Bail In provision to seize liabilities and just exactly who those ‘liabilities’ might be. With almost 19% of the population of Canada being Senior Citizens on Government of Canada pension, (liabilities) one might wonder.
It makes me wonder about the soundness of the decision to inundate vulnerable seniors’ homes with Covid positive patients and about the cruel aftermath. It makes me ask just who it is that profits. It makes me wonder about the stress and loneliness those precious seniors must have suffered at the hands of apparatchik doctors and nurses globally simply because they were mandated to violate their collective oath to ’first, do no harm’, and how they are all feeling right about now. It makes me weep at the loss of collected wisdom and the coming replacements.
https://www.statcan.gc.ca/en/subjects-start/older_adults_and_population_aging
Eventually, after enough stresses, both financial and medical, they will be removed from the slave rolls, taken off the books (using GAAP, I’m sure) as expired inventory, and replaced. Like meat that’s gone over.
Expired Human Resources reduced, (with their demise by Unspecified Actions, Methods and by way of profit for the W.E.F (FEW)) to a box ticked.
The Inclosure Acts are the foundation of Land Title as it is known today; and (xviii) Because of the deliberate “legal” theft of land under parliamentary Inclosure laws of the late 18th and early 19th Century, the number of paupers dramatically increased. This led to the most awful and cruel laws being introduced to deliver to an elite few, the slave labor force needed for the industrial revolution through the Poor Law Amendment Act (1834) (5&6Will.4 c.76) which effectively stated that the poor could not receive any benefit unless they were constantly “employed” in a workhouse prison. Most importantly, much of the inhuman, barbaric and wholly immoral and sacrilegious framework of dictates and edicts of Westminster remained in force and were not repealed by this act). Thus, despite international treaties against slavery, the very worst slavery being “wage slavery” or “lawful slavery” was born whereby men, women and children lived in terrible conditions and were continued to be worked “to death”; and (xix) In 1836, the Births and Deaths Registration Act (1836) (6&7Will.4 c.86) was introduced which for the first time created the General Register Office and the requirement for uniform records of births, deaths and marriages across the Empire by Municipal Councils and Unions of Parishes.
Think about it. How much of your earnings do you actually, really own?
These laws, though modified, are still in effect. See my Baal’s Canons article, https://www.parrhesias.com/2022/03/06/when-baals-canons-run-out-of-cannon-balls/ under The Venturi Effect.
“Canadian institutions have substantial unsecured debt obligations in the wholesale market and as well as other classes of capital, and they have substantial capital as well, so once you stack all of that up, regardless of whether one would look to reach into it … it’s hard to fathom why it would be necessary,” the Bank of Canada governor said.
Asked if this would include non-insured deposits — those over $100,000 — Carney referred to a statement a previous statement from Finance Minister Jim Flaherty’s office that depositors were excluded.
In an email response, Flaherty director of communications Dan Miles repeated the pledge: “The ‘bail-in’ scenario described in the budget has nothing to do with consumer deposits and they are not part of the `bail-in’ regime. Under a `bail-in’ arrangement, a failing financial institution has to tap into its own special reserves or assets (which it has been forced to put aside) to keep its operations going.”
The Canadian central banker, who is a few months away from heading the Bank of England, says banks must have a set of buffers in place to draw on in an emergency.
https://www.ctvnews.ca/business/canadian-deposits-should-be-safe-under-global-bail-in-system-carney-1.1243888
Now think of the number of new, compliant immigrants (future fealty by way of tax dollars, loans, debt,) from countries whose cultures have trained them to follow orders; who will do anything their new government dictates until their time comes to swear allegiance to our banks and flag – in that order. They will swell our ranks just a little bit, but oh how they will pay in taxes and fees and the Human Resource value in dollar bills. Just starting out. Totally unaware. Totally enslaved. Kind of like buying a whole new set of . . . slaves?
Kinda’ begs consideration. Don’t ya think??? And this too . . .
FP Street
https://financialpost.com/news/fp-street/ottawas-bank-bail-in-plan-targets-certain-liabilities
Author: John Greenwood Publishing date: Apr 02, 2013
Ottawa’s bank ‘bail-in’ talk spooks investors
Analysis: Ottawa’s budget sketched out the government’s plan to establish a roadmap for what happens when a bank gets into trouble, proposing a ‘bail-in’ approach similar to what other major economies either have in place are looking to implement.
It was only two words in the federal budget, but it was enough to send a tremor through the fixed-income community.
As expected, the document, which was brought down two weeks ago, sketched out Ottawa’s plan to establish a roadmap for what happens when a bank gets into trouble, proposing a “bail-in” approach similar to what other major economies — the United States, Europe and even Cyprus, for example — either have in place or are looking to implement.
“This regime will be designed to ensure that in the unlikely event a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital,” the budget said.
It was the vague phrase “certain … liabilities” that raised eyebrows.
What did it mean, investors wondered. Bank deposits are liabilities and we all know what happened to deposit holders in Cyprus — their savings are about to become part of one of the world’s most controversial bank rescues.
“The Canadian government is actually proposing that what just happened in Cyprus should be used as a blueprint for future bank failures up in Canada,” said one letter to the Financial Post. “I am not joking.” Experts say that is the last thing Ottawa wants.
No one “should be drawing parallels between Cyprus and any other country,” said Craig Alexander, chief economist at Toronto-Dominion Bank.
Kathleen Perchaluk, a spokeswoman for Finance Minister Jim Flaherty, confirmed in an emailed statement that “the bail-in scenario described in the budget has nothing to do with depositors’ accounts and they will in no way be used here.” (Huh???? Then what will ???) Because Canadian banks have numerous layers of debt on their balance sheets that could in the event things turn bad be converted to equity, depositors are very well protected. (Not to mention government-backed deposit insurance.)
The question is, which layers would become capital and in what order?
According to one senior fixed-income analyst, Ottawa has its eye on senior unsecured debt issued by banks. Popular with institutional fixed-income investors, the product is widely traded and makes up a big chunk of the domestic bond market.
So far, it’s only a proposal in the budget and a vaguely worded one at that, but “everyone is taking the government at their word and hence the market is coming to terms with whether or not to buy it and at what price,” said the analyst, who asked not to be named.
For the past four years, the Office of the Superintendent of Financial Institutions has been laying out its plan for potential bank insolvencies. Early on it pushed a plan for banks to issue what it called “contingent capital,” bonds (Bondages?) that would convert into common equity when the dreaded day arrived.
Critics worried that investors may not buy it at a price that the banks consider affordable and the banks themselves have said they have reservations. In any case, the banks haven’t issued any yet. One interpretation of the budget is that Ottawa is looking to nudge the process forward.
Meanwhile, OSFI has announced that it considers all six big banks to be too big to fail, or “domestically systemically important,” and therefore subject to tougher capital requirement and closer oversight.
https://financialpost.com/news/fp-street/ottawas-bank-bail-in-plan-targets-certain-liabilities
Now,
The Inclosure Acts are the foundation of Land Title as it is known today; and (xviii) Because of the deliberate “legal” theft of land under parliamentary Inclosure laws of the late 18th and early 19th Century, the number of paupers dramatically increased. This led to the most awful and cruel laws being introduced to deliver to an elite few, the slave labor force needed for the industrial revolution through the Poor Law Amendment Act (1834) (5&6Will.4 c.76) which effectively stated that the poor could not receive any benefit unless they were constantly “employed” in a workhouse prison. Most importantly, much of the inhuman, barbaric and wholly immoral and sacrilegious framework of dictates and edicts of Westminster remained in force and were not repealed by this act). Thus, despite international treaties against slavery, the very worst slavery being “wage slavery” or “lawful slavery” was born whereby men, women and children lived in terrible conditions and were continued to be worked “to death”; and (xix) In 1836, the Births and Deaths Registration Act (1836) (6&7Will.4 c.86) was introduced which for the first time created the General Register Office and the requirement for uniform records of births, deaths and marriages across the Empire by Municipal Councils and Unions of Parishes.
Thus on 1, July 1837, the Birth Certificate was formed as the successor of the Settlement Certificate for all “paupers” disenfranchised of their land birthright to be considered lawful (“voluntary”) slaves with benefits provided by the local parish / region underwritten by the Society of Lloyds as it is still today; and(xx) Beginning from 1871, further historic changes in the administration of “vital statistics” such as birth certificates and death certificates with the introduction of health districts or “sanitary districts”.
Slaves with benefits, eh.
My my, things have changed!
So, apply this model globally and look at which countries are broke and look at which countries are turning brutally dictatorial and what the people-kind around the world reeeaaalllly think about it all. Then ask yourself why a seemingly incomprehensible global food shutdown is occurring and what is the effect of it and who benefits.
Or maybe I’m just full of it.
“I have observed this in my experience of slavery, — that whenever my condition was improved, instead of it’s increasing my contentment, it only increased my desire to be free, and set me to thinking of plans to gain my freedom. I have found that, to make a contented slave, it is necessary to make a thoughtless one. It is necessary to darken his moral and mental vision, and, as far as possible, to annihilate the power of reason. He must be able to detect no inconsistencies in slavery; he must be made to feel that slavery is right; and he can be brought to that only when he ceased to be a man.”
Frederick Douglass, Narrative of the Life of Frederick Douglass ____________________
Oh, and just as a side ponderance:
The patient states he is allergic to milk products. His doctor warns him away from milk products.
The patient states that poison ivy gives her an itchy rash. Her doctor tells her to stay away from poison ivy.
The patients state the vaccines are giving them a multitude of illnesses.
Their doctors tell them to get another vaccine.
Hmmm.
Maurice St. Jean, Editor Parrhesias.com
22-05-03
Cheers!