Carrot of Truth
War is Peace
I suspect Justin is just doing whatever Biden tells him to do tbh since Canada is essentially a satellite of the US at best and an outright puppet at worse
Can a fella get a link?
Run on Canadian banks when?Legally speaking, the banks don't really have a right NOT to participate. If a financial institution receives a valid legal order to freeze an account (and the Emergency Act makes the orders legal) then refusing to do so is a violation of the law and will see the banks charter pulled.
Banks do not violate government asset freeze requests. There are ways to technically get around a lot of them but most of those run into money laundering/other financial crimes issues and, regardless, are not going to be done (maybe if the person whose account is frozen is buddy buddy with the bank President or the like).
Not anytime soon in all likelihood.Run on Canadian banks when?
Not anytime soon in all likelihood.
In absolute terms, the number of people potentially hit by the freezes over this are miniscule (thousands). They are also spread across multiple banks.
To get a bank run you need a large percentage of a banks customer base to pull their funds. At least for banks with national operations.
Yes, pulling a million bucks from a bank can have an outsized impact thanks to fractional reserve banking (you put a million in the bank, the bank can issue ten million in loans) but in terms of the scale of the banks in question?
Then you have the issue that bank accounts are practically required to live in modern society. Sure, you can pay for the basics with cash but paying bills? Doing that without an account is incredibly difficult.
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Incidentally, this is one of the reasons that if you are ever inclined to donate online to basically anything then first go to the gas station and buy one of those VISA debit cards for cash. And don't use your regular email address, use a disposable one (ideally from Proton Mail or the like).
Yeah, but these types of legal activity probably won't increase the faith in Canada's banking system as a whole.Not anytime soon in all likelihood.
In absolute terms, the number of people potentially hit by the freezes over this are miniscule (thousands). They are also spread across multiple banks.
To get a bank run you need a large percentage of a banks customer base to pull their funds. At least for banks with national operations.
Yes, pulling a million bucks from a bank can have an outsized impact thanks to fractional reserve banking (you put a million in the bank, the bank can issue ten million in loans) but in terms of the scale of the banks in question?
Then you have the issue that bank accounts are practically required to live in modern society. Sure, you can pay for the basics with cash but paying bills? Doing that without an account is incredibly difficult.
---
Incidentally, this is one of the reasons that if you are ever inclined to donate online to basically anything then first go to the gas station and buy one of those VISA debit cards for cash. And don't use your regular email address, use a disposable one (ideally from Proton Mail or the like).
Adam Soos was on the scene at the Calgary Remand Centre where Artur is being held in solitary confinement
Alberta Provincial Court Judge Erin Olsen has ordered the renegade Calgary pastor to be held in pre-trial custody, ruling he poses a great threat to public safety, citing his refusal to comply with health orders.
- By Sheila Gunn Reid
- February 16, 2022
- News
Sheila Gunn Reid
@SheilaGunnReid
Olsen is rendering decision: the accused will, if released from custody, commit a criminal offense or interfere with the administration of justice. The accused pattern of behavior speaks volumes about his willful commission of offenses and/or violations of court & health orders
4:36 PM · Feb 16, 2022
Sheila Gunn Reid
@SheilaGunnReid
Olsen: I have also concluded that the provision of cash bail with or without conditions of release would be unwise and fruitless, given the accused's recent history of paying fines and costs potentially with other people's money.
Olson says perception Art is buying his way out
4:39 PM · Feb 16, 2022
Sheila Gunn Reid
@SheilaGunnReid
Olsen: I have concluded that the accused cannot be released on a release order with sureties. In conclusion, I cancel the accused existing release documents pursuant to section 524 sub. 3. And order his detention on the charges before me. (They're keeping Art in jail)
4:41 PM · Feb 16, 2022
Pawlowski was arrested on February 8 at his home in another high-profile takedown as the first person charged under Alberta’s new Critical Infrastructure Defence Act for allegedly abetting the Coutts, Alberta trucker blockade. That law was created to target eco-radicals who blow up pipelines, but instead, it's been rolled out to deal with a pastor who won't kneel before the government.
Rebel News
@RebelNewsOnline
While Pastor Artur remains behind bars, hundreds of people gather daily at the Calgary Remand Centre to show support for Artur and for the Pawlowski family, who have been through so much over these last two years FULL REPORT from @ATSoos ► https://rebelne.ws/3Lzt1P1
Watch on Twitter
1:42 PM · Feb 16, 2022
Artur is also facing trespassing and mischief over $5000 criminal charges.
His crime this time? He gave an inspirational sermon to the truckers and farmers as they faced off with the government at the border in a fight against lockdown restrictions.
Rebel News reporter, Adam Soos was on the scene at the Calgary Remand Centre where Art is being held in solitary confinement
Artur has now been arrested five times for the apparent crimes of opening his church, feeding the homeless and attending peaceful protests. Thankfully, he has the help of great lawyers, Sarah Miller and Chad Haggerty, through your generous crowdfunding donations to SaveArtur.com.Adam Soos ⳩
@ATSoos
I have been to the Calgary Remand Centre frequently as a result of all the pastor arrests that have taken place, but now for the first time access to the facility has been blocked off. Staff has confirmed that this is because of the Pastor Artur Pawlowski bail hearing.
Watch on Twitter
4:14 PM · Feb 16, 2022
Artur's next hearing is March 11, 2022, and he needs all the help as he fights for his freedom. To offset his legal costs, please visit SaveArtur.com. All donations there qualify for a charitable tax receipt through the registered Canadian charity, The Democracy Fund.
A friend linked this:
Anybody have a solid idea what that actually means?