Commentary: Perhaps the most important article for Canadian readers today is a ZeroHedge report on new data from the BIS (Bank of International Settlements – sometimes called the central bankers bank because it acts as a global banking watchdog): Whose Banks Are Riskiest: A Surprising Answer From The BIS. The Canadian banks deny any risk as does the government. However, not believing either institutions, I am mapping out a defensive strategy which I will publish at a later date.
I realized today that the disregard for the democratic process in the US by those who refuse to accept the outcome and are actively working to reverse the result in a soft coup – to overthrow Trump – are really seeking a totalitarian form of government that embodies their ideologies.
The sacred cow of the modern progressive movement in Canada is the Canadian Broadcasting Corporation (CBC), the bloated behemoth that in inverse fashion, milks the Canadian public for a billion or so dollars a year in a totally unaccountable and opaque manner. It is viewed by the progressive movement as their media extension, being the broadcaster most closely aligned with their doctrinal positions.
In contrast, the Conservative government under Prime Minister Stephen Harper is viewed with a visceral hatred by the progressives. It is therefore no surprise when the government proposes legislation that goes anywhere near the CBC that a firestorm of protest breaks out on the left. The most recent case is that of Bill C-60 and an online petition by the so-called Friends of Canadian Broadcasting.
The petition came to our attention from two different e-mails (emphasis in quoted material in this essay is ours unless otherwise noted):
Please read this and sign it. This affects our DEMOCRACY! Stephen Harper wants to silence and control our public broadcaster by sneaking new powers into a monster Budget Omnibus Bill. Please sign the petition: http://bit.ly/10YEGi9 Thanks!
And the author in a followup email elaborated A democracy requires a free and open media, and, as history has shown, a government that seeks to control the media is a Fascist government.
The second had the subject line You can help Free CBC of political interference and an embedded text asking for donations and sporting an image charging deception on the government’s part.
First we briefly examine the partisan progressive or left-wing bias of the FCB. Then we review Bill C-60 in terms of its purpose and extent. Finally we address the bovine hysteria driving the petition.
We have suggested that there is a natural transformation of a democratic society into a socialist society. We believe that the force that accomplishes this is the individual’s sense of entitlement. In this essay we explore the concept of entitlement.
This essay is based on the promotional video from Porter Stansberry shown below. We warn the reader it is long – we didn’t time it and it doesn’t display its length – and is structured to sell a newsletter subscription. Some readers might find the newsletter beneficial but our intent is to examine the primary scenario, one of a wealth-driven radical increase in socialist programming in the US. We do not have to accept its basic premises but we can extract some valuable points and observations from it. Here’s the video. We follow it with an extract of what we consider to be key points and then we discuss the points.