Scotiabank has led the charge toward humongous Canadian bank profits.
WRISEUP.COM
The betrayals of public trust – both in Canada and in the U.S. – have become so frequent and so fluid in recent months that it is hard to not be blinded to the simple reality that underlies those betrayals.
For all the talk of “democracy” in both countries, the simple reality is that neither Canada nor the United States can still honestly call itself a democracy. Rather, they are both oligarchies where public consent is no longer a factor as majority rule has been replaced by “government of the people, by the rich (and their corporations,) for the rich (and their corporations.)
Most recently, the United States Supreme Court has struck down all limitations and restrictions on political spending by corporations (and, of course, unions). But to even mention unions in the same breath as the privilege that has just been granted corporations is to obfuscate the issue. read more »
