Am I directly or indirectly responsible for the Quebec and Canadian debt?
Am I directly or indirectly responsible for the Quebec and Canadian debt?
This information is sent so that an exchange through dialogue be made possible. Almost every day, many people keep saying that the system is corrupt, the system needs change, the system, the system and so on.
Recently it was discovered that this system is an accounting matrix called double-entry bookkeeping. The sole purpose of this accounting system is for PROFIT through a variety of methods such as interest, taxes, etc.
Here is how it begins.
All my life I've heard that we receive value for the income taxes we pay and it is also for the benefit of our social programs and health care. There is some time, I learned that this may be incorrect.
I started and I continue to ask questions like what happens to our taxes? Where do our taxes go? Who controls all taxes collected on those who pay income taxes? Where does the value come from?
I keep hearing and seeing in the news, in newspapers and on the Internet that Quebec, Canada and many places like Greece and Austria that there are deficits that need to be reduced. What is this word deficit? I discover that it is a debt that must be paid.
It seems that according to various sources of information, the budget must cover the debts. Being mystified by the word budget, a general definition has been found to provide a general meaning as a projection - into the future – possible revenues from any income taxes, taxes, profits, interest, etc.
A definition of the word "budget" proposed by the Oxford dictionary: "An annual or other regular estimate of national revenue and expenditure put forward by a finance minister ..."
See the website
==> http://www.oxforddictionaries.com/definition/english/budget
==> http://www.oxforddictionaries.com/definition/english/budget
Thus, looking at the general definition of the term "budget", it seems that there is a link with taxes since taxes are a form of income for the government. OKAY. It's correct. So for a while, I let things pass.
Suddenly, a variety of news sources and information bombard the newswires that I could no longer ignore. When they are talking about the budget, I see and hear words like deficits, austerity, insolvent, credit crunch, offshore, taxes, revenue, bank "bail-ins", negative interest rates, and bankruptcy and so on. These words have become a whole new vocabulary for me.
(See examples at the end.)
After a while, it became clear that these words are all connected to the word debt.
Deficit, debt, austerity all these words can only mean one thing: debt, debt, debt.
The priority of news and current affairs is always put on the debt. We are still in debt for something, the debt must still be paid, etc.
Somehow, somewhere, someone pays the debt for Quebec, Canada, Greece and it goes on and on...
Several questions always came back. Who pays this debt? Why so many cuts in social programs and health care programs? Who really owns the debt? Somehow, the debt will directly influence the value of the labor I have performed all of my life and my well- being since I am supposed to benefit from social programs and health care programs, if this is still true. This has been called into question.
While being bombarded by these words through the newswires, I began to question what I believe about retirement benefits and social services.
(See examples at the end.)
For each of us, the question having most priority is: are we the men or women who are asked to be responsible for the payment of this debt? Would this be the most important question to ask?
In an attempt to discover the answer to this crucial question, I should first know this: what is a debt and how is it expressed?
We discover that the debt is expressed in the form of a note. By definition, wherever we look, we discover that a note is a promise to pay. This is evidence of a debt.
The same words, "…PROMISE TO PAY…" are written on bonds, bills, notes, bonds of any government and companies in the world, and the same is true for Quebec and Canada, as well as many countries in the world. (See the websites and evidence below.)
A note generally has two parts is promising to pay. 1: the principal; and 2: the interest. The key essential fact is that a note is a contract.
The note-contract must be respected. It must be paid, no matter what. This became a huge revelation.
The connection became obvious, why press releases were bombarding the public with so much information with words such as deficits, austerity, insolvency, credit crunch, offshore, income taxes, bank "bail-ins", negative interest rates, bankruptcies and it continues, it was always about debt. Press releases exist to send a message as a NOTICE, for the public to be informed!
(See examples at the end.)
NOTICE!
Are we as a general population which, ultimately, directly and indirectly responsible to pay the debt?
My belief systems began to crash when I realized a truth about the word note. It is discovered that the notes, bonds and most all forms of financial instruments are evidence of a debt.
After I spoke with a variety of financial professionals, the truth came to me that notes, bonds, etc. are evidenced of a debt.
The words "…promise to pay…" are written on notes and thus constitute a debt. Such an instrument is called a note. The truth was discovered that the word "note" is a contract, a promise to pay. This note expresses the promise to pay a debt.
It is common knowledge that contracts must be honored in one way or another. In the case of a note being a promise to pay in the form of a contract, it was discovered that the note-contract must be honored too. How? Is it that to honor and respect a note contract, we must respect the promise to pay interest and principal in writing on the note and / or will the note be processed through a bankruptcy in order to honor the debt that is promised to pay?
So the truth brought to light demonstrates that a note-contract equals a promise to pay.
This truth has been demonstrated through a public site.
A note is a promise to pay expressed through a contract such as when buying a house or a car, or for a credit card are all forms of debt that each citizen must pay or that Quebec must pay a bank (in both cases it is the same thing). That is to say you have to pay the note which is representing the debt, a promise to pay, which is currently a contract to pay principal and interest.
A note which equals a promise to pay also exists as a contract between Quebec and a German bank called Deutsche and / or Citibank.
See:
==> https://www.sec.gov/Archives/edgar/data/722803/000120621206000227/m33219sbexv4w3.htm
On this website it is evidencing a promise to pay through a contract "FOR VALUE RECEIVED" in the "form of global security" and whose terms are;
1. "FOR VALUE RECEIVED" and "Quebec hereby promises to pay for ...", and;
2. To confirm the contract, it also states that "... the debt securities referred to above (the "Securities") of Quebec, ..." is a contract, a promise to pay, and this is evidence of debt that is issued from Quebec, and;
3. "…pursuant to a Fiscal Agency Agreement, dated as of [ ], between Quebec and [ ], [ ], as registrar, fiscal agent, transfer agent and principal paying agent (the “Registrar”…”
Question: where is the debt that Quebec states it owes? Where are the notes and when did Quebec state it promises to pay? In whose name the contract-note (promise to pay) is registered in? Therefore, in other words, who is the owner of the debt? The question is: who is the owner of the debt-notes bearing the words "Quebec hereby promises to pay to ..."? (See number 1 above.) To whom does Quebec promise to pay, and for whom?
See the example of the contract that Quebec agrees to when the debt is issued entitled "FISCAL AGENCY AGREEMENT". A sample contract is evidenced on the following website:
==> https://www.sec.gov/Archives/edgar/data/722803/000120621206000227/m33219sbexv4w1.htm
4. and read the Notes issued from Quebec that are in the form of a certificate registered in the name of Cede & Co., the citation:
"Whereas the notes are issuable in the form of one or more fully registered global certificates (the "Global Notes") registered in the name of Cede & Co., as nominee ... " and it is further written: "Whereas all Notes are recorded in a register held by the Registrar (the" Register ") and are registered in the name of Cede & Co ..."
See website for written details of a ticket-note-contract issued by the Quebec
==> https://www.sec.gov/Archives/edgar/data/722803/000119312515328343/d90311d424b3.htm
5. "QUÉBEC, MEDIUM TERM NOTES, SERIES A, FLOATING RATE NOTES DUE 2018 ..."
See website for the evidence of a written prospectus for a Note – contract - a promise to pay note issuance of $ 5,000,000,000 (5,000,000,000) United States (US) dollars.
I read a piece of paper people call United States Dollars. When I read this piece of paper I see the words Federal Reserve Note. In truth would United States Dollars really be a Federal Reserve Note ??? !!!!
Site:
==> https://www.sec.gov/Archives/edgar/data/722803/000110465912084897/a12-28780_1424b3.htm
For this said United States (US) Dollar, I read on a piece of paper that people call American dollars. When I read it, I see the words Federal Reserve Note. In truth is the US dollar is really a note from Federal Reserve having the words Federal Reserve Note? Also is the Canadian dollar really a note from the Bank of Canada? Any paper issued in this form is it a note from a central bank and is this true?
6. Following the website above for number 6, we read the following words: "PROSPECTUS QUEBEC U.S. $ 5,000,000,000.00 DEBT SECURITIES ..." Then: "The date of this Prospectus is 18 December 2012 ... "
Is this US dollars or is it Federal Reserve Notes?
In addition, evidence that notes being issued in Quebec for amounts of $ 5 billion in US dollars (in truth, is it really for Federal Reserve Notes?).
Is Quebec swapping a note –debt for another note from the Federal Reserve?
After all this evidence came to light to provide the truth, other questions came.
So I decided to continue to "follow the money – note and ask where the money - note goes." (In truth, did Quebec exchange a note for notes from the Federal Reserve? Is this truly what was exchanged?).
Question: is it possible that Quebec should honor the contract of promising to pay contract that is the note? Does this note issued by Quebec have to be paid first before all other social programs and health care programs?
For most Quebecers and Canadians, and with a little common sense and in everyday reality they work to pay their debts. They hope to pay first their debts and hope that there is something that remains to spend on other things. They try to manage a budget with all their debts. Could it be natural to think this way?
What happened with the Notes issued by Quebec? Where did they go? In what name the notes of Quebec are they listed under?
What does Quebec receive in exchange for the note it emits? Other questions kept arising after reading and reading again.
A simple note promising to pay between two people has become a complex, convoluted twist that revolves around notes!
If it is true that the debt contract "…promise to pay…" must be paid in priority, what is left of a budget for social programs for Quebecers and Canadians who need health care, pensions, etc.?
Then came a shock and a revelation. Why Quebec and Canada emit notes - contracts that are "…promises to pay…" and in return, they receive notes from the Federal Reserve and from the Bank of Canada?
Is the US dollar and the Canadian dollar really notes of the Federal Reserve and from the Bank of Canada?
Now the question really started to matter. Is it really a note of Quebec that is exchanged for notes of a central bank? What is happening in the end?
The contract reads: "FOR VALUE RECEIVED" and "Quebec hereby promises to pay for ...".
Is it true that a person makes a promise to pay in the form of a note in exchange for another note? Where is the value for the notes issued by Québec that promises to pay?
What happens to all of the assets and the valuable work produced by Quebecers? Where does the precious value of the assets and the valuable work produced by Quebecers go when Quebec promises to pay a note and gets in exchange another note? Where is the value received by Quebec when Quebec makes a note and receives notes from the Federal Reserve in return? This document bears the words "Federal Reserve Note" and Bank of Canada Note. It is an I.O.U. (I owe you) and is it a promise to pay back that Quebec received by issuing their notes for $5,000,000,000.00 (5 billion)?
What this really happening? Is there an exchange of notes between Quebec and the Federal Reserve? Quebec promises to pay in exchange for notes from the Federal Reserve?
Do Quebecers believe they are the ones who have the responsibility of the promise to pay the note issued by Quebec? Is the population of Quebec responsible for paying directly and indirectly, in any way, the note issued by Quebec? Is it true that the Federal Reserve is a private entity?
Here is how Quebec explains, they will use the notes they receive from the Federal Reserve. (The Federal Reserve note is what people are calling the United States Dollars):
7. “Use of Proceeds
Unless otherwise specified in the prospectus supplement applicable to the Securities you are purchasing, which we refer to as the “prospectus supplement”, we will:
· add the net proceeds we receive from the sale of the Securities to the Consolidated Revenue Fund of Québec to be used for general purposes; or
· partially or entirely credit such proceeds to the Financing Fund of Québec to be used for loans to public institutions or governmental enterprises and agencies.”
See website :
==> https://www.sec.gov/Archives/edgar/data/722803/000110465912084897/a12-28780_1424b3.htm
8. Anxiety is setting in at this point in time. Quebec issued notes-contracts in astronomical amounts!
The next important question is this: do we live in a financial pyramid scheme system? A note from Quebec is issued in exchange for more notes from central banks like the Federal Reserve and so on? Is a note being exchanged again and again for more notes to be issued in exchange for more notes?
Is it true that a debt instrument known as a note should be paid with something of value like gold and / or with something substantial?
For the Quebec issued notes-contracts in astronomical amounts!
See the website where all of the Notes issued from Quebec since the year 2002. We are now in the year 2016. The year 2002 appears at the bottom of the page on this site.
See :
==> https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000722803&type=&dateb=&owner=exclude&start=240&count=40
and goes to the year 2016. ???????????????
How many notes, contracts promises to pay were issued in Quebec since 2002? Who exactly signed for it and when was all this issued on the heads of the Quebec population? This debt is contracted with:
"... The Ministry of Finance, General Directorate of funding and debt management, 12 rue Saint-Louis, Québec, Québec, Canada G1R 5L3; Tel .: (418) 643-8141, Fax: (418) 643-4700 ... "
See website:
==> https://www.sec.gov/Archives/edgar/data/722803/000119312515328343/d90311d424b3.htm
9. Then, the larger truth is that there are many governments who also act in the same way as "CANADA 0000230098" and "ISRAEL STATE (deposited) CIK: 0000052749 ..."
See this website for a general list:
==> https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&SIC=8888&owner=exclude&count=40&hidefilings=0
"... Companies for SIC 8888 - FOREIGN GOVERNMENTS
Click to view CIK corporate deposits
Articles 1-40
CIK Crown Corporation / Country
0000311669
ASIAN DEVELOPMENT BANK R6
0000866710
BANCO NACIONAL DE Comercio Exterior SNC O5
0001026725
BANCO NACIONAL DE OBRAS Y SERVICIOS PUBLICOS SNC O5
0001045299
Central Bank of Tunisia DC
0000230098
CANADA DC
0000912239
CANADA MORTGAGE AND HOUSING CORP DC
0001498597
CARSO INFRAESTRUCTURA Y CONSTRUCCION SAB DE CV O5
0001016472
TOWN OF NAPLES
0001109609
DEVELOPMENT BANK OF JAPAN INC. M0
0000033745
EUROPEAN INVESTMENT BANK N4
0000276328
EXPORT DEVELOPMENT CANADA / CN DC
0000873463
EXPORT IMPORT BANK OF KOREA NY
0000205317
FEDERAL REPUBLIC OF BRAZIL D5
0000035946
DC REPUBLIC OF FINLAND
0001556421
FMS Wertmanagement 2M
0001179453
GOVERNMENT OF BELIZE DC
0001163395
GOVERNMENT jamica NY
0000931106
HELLENIC REPUBLIC NY
0000216105
HER MAJESTY THE QUEEN IN RIGHT OF NEW ZEALAND Q2
0000889414
HUNGARY NY
0000052749
ISRAEL STATE OF NY
0000052782
REPUBLIC OF ITALY L6
0000053078
JAMAICA GOVERNMENT L8
0000837056
JAPAN M0
0001551322
Japan Bank for International Cooperation M0
0000053190
JAPANESE DEVELOPMENT BANK M0
0001109604
Japan Finance Corp M0
0000837335
JAPAN FINANCE ORGANIZATION FOR MUNICIPALITIES M0
0001061194
Johnson Matthey PLC / ADR NY
0000821533
KfW 2M
0000835615
KFW INTERNATIONAL FINANCE INC DE
0000869318
KOREA DEVELOPMENT BANK NY
0001483135
KOREA FINANCE Corp M5
0000878519
Landesbank Baden-Württemberg DE
0001306843
LANDESKREDITBANK WURTTEMBERG Förderbank 2M
0001144797
LANDWIRTSCHAFTLICHE RENTENBANK I8
0000356049
LONDON FINANCE & INVESTMENT GROUP PLC / ADR / NY
0001027457
NATIONAL POWER CORP R6
0001061195
NH Hotel Group, S.A. NY
0000357024
NORDIC INVESTMENT BANK
After all this evidence, it was found that the double-entry system is not corrupt. What one has realized is that people with secrets and power games and more secrets are likely to abuse the double-entry accounting system for PROFIT. The profit is generated by interest, taxes, etc. That is to say a note for a note??? !!! Where is the substance to make a profit?
Is the aim of those in power is to accept notes of a central bank for a note on the head of the population?
This system is an accounting matrix, known as double-entry bookkeeping. The sole purpose of this double-entry bookkeeping accounting matrix system is for PROFIT through a variety of methods such as interest, taxes, etc.
Thus, the questioned asked here is that is there another accounting system? Is there real money that has real value?
So more research has been done and finally answers came!!!
Maybe I'm the principal. I'm not an entity. I am a human being???!!!
I AM THE PRINCIPAL.
Look at the financial equation INTEREST = PRINCIPAL multiplied by the interest rate multiplied by time.
By asking these questions the answers came and gave more answers.
This writing is still being sent so that an exchange through dialogue could be made possible. Thank you.
P.S. Do we have to respect these notes – contract ourselves regarding the promise to pay principal and interest issued from Quebec? Or is it that the note will go through the bankruptcy process to service the debt that is a promise to pay?
Examples in the late news and more.
A. Budget Canada March 22, 2016 see page 223 entitled "INTRODUCING A BANK recapitalization" BAIL-IN "SYSTEM".
See
==> http://www.budget.gc.ca/2016/docs/plan/budget2016-en.pdf
B. Le Journal de Québec, April 5, 2016 page 8 and 9 the title "FRAUD - PANAMA PAPERS".
C. The Journal de Québec, April 5, 2016 See page 5 and 12 seeing articles that questions the Treasury Minister of Quebec Mr. Hamad, and one wonders how the said notes were issued for the loan request from Quebec manage? It's signatories are Minister for Quebec!!
D. Le Journal de Québec, April 5, 2016 see page 22 and 26 global news articles by seeing it calls into question how the central bank Notes are spent and used!!??
E. Le Journal de Québec, April 5, 2016 see page 49 is an example that the notes are of central bank notes the title of "18,000 proposals for bank notes."
F. Le Journal de Québec, April 6, 2016 page 6 is an example how the notes issued for borrowing are managed with the article "The boss defends UPAC arrested Normandeau"
G. Le Journal de Québec, April 6, 2016 see page 34 with the article "How to choose a trustee"
H. Ryan Hicks, CBC News Posted: March 17, 2016 5:00 ET Last Updated: March 17, 2016 7:36 "ANALYSIS, Quebec Budget 2016: Philippe Couillard to prove valid austerity measures"
See
==> https://translate.google.ca/translate?hl=fr&sl=en&u=http://www.cbc.ca/news/canada/montreal/budget-2016-philippe-couillard-1.3494296&prev=search
==> http://www.cbc.ca/news/canada/montreal/budget-2016-philippe-couillard-1.3494296
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