Canada overcharges Canadians on Debt interest payback #Cdnpoli

“…while commercial banks obtain their money, from the Bank of Canada, at the Bank of Canada’s prime leading rate, today at 0.25%, the citizens of Canada, through the government of Canada, pay back the commercial banks, commercial lending rates which are higher than the Bank of Canada’s prime rate, on the “national debt” owed to private commercial banks…“

Have you ever heard of anything as st.. I was going to say stupid but that’s not really polite so I will say … confused?

Here we have Corporate Think Tanks saying how much better it is for Canada to operate like a business and when you look at what’s been going on…

No business would lend money at o.25% interest and then borrow it back at a higher rate…

No wonder the Canadian Government can’t afford to pay for her people. What kind of Government is running this country?

And yet the Government subsidizes the corporations by reducing their share of the tax burden.

Sign onto COMER’s legal action to stop the Harper Government financial mismanagement:
http://comer.org/projects/form.htm