BANKING CARTEL: U.S. Federal Reserve Controlling Canadian Banks

 

Posted on April 13, 2012m: National News

In recent articles that we have published, we explain the crime of the Canadian Banking system. How it came into fruition, and even had it explained to us all by a courageous 12 year old girl.

But the article that read today. Shows us, just how deep the crime goes.

RBC passing secrets to a foreign entity as a US Federal Reserve Bank primary dealer. “Canadians can mark March 15, 2012 as the day the RBC (Royal Bank of Canada), a primary dealer for the US Federal Reserve Bank of New York,  triggered the Canadian debt crisis.  On March 15, 2012 the RBC Royal Bank sent out notices to their customers stating that, effective May 1, 2012, they will be unilaterally increasing their credit interests rate.  Unilaterally, because the Bank of Canada hasn’t raised interest rates.

According to the Bank of Canada (link to the March 8, 2012 interest rate announcement http://www.bankofcanada.ca/2012/03/press-releases/fad-press-release-2012-03-08/ : “The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The heightened uncertainty around the global economic outlook has decreased in the weeks since the Bank released its January Monetary Policy Report (MPR). With tentative signs of stabilisation in European bank funding and sovereign debt markets, conditions in global financial markets have improved and risk aversion has decreased.”

If the Bank of Canada didn‘t raise interest rates why did RBC unilaterally raise theirs?  Because RBC Royal Bank is controlled by the US Federal Reserve Bank.  Yes you read right, a Canadian bank is controlled by a foreign bank – the US debt crisis causing Federal Reserve Bank.  Two Canadian banks, RBC Capital Markets and Bank of Nova Scotia are Primary Dealers for the Federal Reserve Bank of New York.  The same bank tax evader and current United States Secretary of the Treasury, Timothy Geithner headed as president.” Continue Reading

Two of the very same banks (Royal and Scotia) who are currently issuing Canadian currency through fractional reserve banking and collecting a large portion of the 170 million dollars a day in interest payments. Are being controlled by a foreign central bank. The American Federal Reserve. One of the most notoriously corrupt and criminal enterprises in the world.

With the Royal bank now directly going against the Bank of Canada, with interest rates. Under direction of the federal reserve. Increasing the chance of another and more severe financial crisis

Leave a comment