ORWELLIAN CANADA & BIG BANK: THE BANKOCRACY THAT KILLS

All rulers in all ages have tried to impose a false view of the world upon their followers.
George Orwell

The world created by Big Bother revolves around Money. The predominant ideology of the Orwellian Canada − the Ideology of Money – is one of the most divisive ideologies because it focuses on What’s In Your Pocket. People are different and have different Pockets, − a difference emphasized and multiplied by Money. However, this ideology is convenient for Big Brother because it reinforces the time-tested principle of securing power and authority: Divide and Rule. 

The Ideology of Money is based on the mentality of gain and profit which is the mentality of banking. This explains the special role and place of Big Bank in the Orwellian Canada.

The amount of money left in one’s pocket is determined jointly by Big Brother and Big Bank.  Money is used both as the carrot and the stick. Those who dare to dissent and challenge are left with nothing in their pockets, − Big Brother and Big Bank have their own ways to empty the pockets of dissidents and challengers and destroy them not only financially, but also morally and, if need be, physically. 

Conversely, those who preach and follow the predominant ideology are never touched, as is not touched their Money.

Big Bank has been instrumental in developing two powerful tools of societal control. These tools exploit fear and mindless consumption. The first tool is the credit card. Mindless consumption promoted in the Orwellian Canada to prop up the view of the world through the prism of Money helps establish financial dependence on the credit card. This dependence generates the ever-present fear of late payments, bad credit scores and bankruptcy.

The second tool is the illusion of owing things bought with borrowed money. This illusion  feeds the fear of losing something that one does not really own:

“Of course, the basic trouble with people like us, I said to myself, is that we all imagine we’ve got something to lose… And the fact that actually we aren’t householders, that we’re all in the middle of paying for our houses and eaten up with the ghastly fear that something might happen before we’ve made the last payment, merely increases the effect…”

George Orwell, Coming Up For Air 

The special place of Big Bank in the Orwellian Canada explains its cozy relationship with Big Brother and the kid-glove treatment it receives from Big Brother. This arrangement has a name: Bankocracy, a form of government where financial institutions rule society in which banks have excessive power or influence on public policy-making and the making of laws governing the banking sector.

Bankocracy has a fairly long history.  For example, the July Monarchy in France − a liberal constitutional monarchy under Louis Philippe I that lasted from 1830 to 1848 – was among the first to witness the creation of this new form of government by the middle class and for the middle class. Ironically, with the passage of time the original inventor and owner of the idea of bankocracy – the middle class – became bankocracy’s principal workhorse.

Bankocracy does not need citizens who value their human rights. It needs consumers who value money − the only product that Big Bank offers – and who can afford to purchase this product from Big Bank so that they can buy more “stuff”.  This is what makes the middle class, which is the engine of mindless consumption, the Ideal Consumer. The more such consumers – the better for Big Bank and Big Brother.

The Ministry of Middle-Class Wealth, or Miniwealth, is tasked to grow the middle class, while the Ministry of Dreams, or Minidream, has the mandate to indoctrinate the inhabitants of the Orwellian Canada and keep alive the dream of making more money and joining the middle class.

Bankocracy allows Big Bank to act with impunity, commit fraud − sometimes at the request of Big Brother to silence troublemakers− and get away with it.

FRAUDULENT FORECLOSURES: THE WEAPON OF CHOICE
CASE STUDY

1. IF YOU WERE BIG BANK…
2. JUST THE FACTS
3. BIG BANK & THE CLIENTS: INFORMATION WAR

Bankocracy allows Big Bank to commit criminal fraud endangering human life for the same reason – to silence dissidents and challengers − and get away with it.

Bankocracy enables Big Bank to influence the parliament and the government to block measures proposed to protect rights of its clients, particularly those measures that Big Bank considers too intrusive or restrictive.

The Orwellian Canada is the only place in the world where Big Brother allows Big Bank to execute forced evictions of the sick and the elderly from foreclosed properties mortgaged with Big Bank at times of extreme heat waves and use to this end the police and SWAT units.

Bankocracy allows Big Bank to influence the parliament and the government to block measures proposed to ban this barbarous practice.

Bankocracy enables Big Bank to influence the courts to protect its reputation and public image and derail lawsuits that may affect both.

Finally, Bankocracy enables Big Bank to permanently silence those who bring to light wrongdoing and fraud committed by Big Bank. For this reason Bankocracy can be deadly for individuals who dare to challenge it.

Bankocracy is disguised for political reasons with an abundance of laws, rules and regulations that supposedly place Big Bank under the control of Big Brother. However. close examination of these instruments and the mandates of the bodies set up to supervise Big Bank’s activities and practices reveals that they are either weak or used to benefit Big Bank, particularly insofar as the protection of the rights of Big Bank’s ordinary clients is concerned.

Other clients of Big Bank do not need such protection because their rights – and money − are never threatened.

Big Brother has neither desire nor will to unbalance the cozy relationship with Big Bank by adopting measures that would enhance protection of the rights of Big Bank’s clients and make Big Bank more accountable for its actions. Instead, Big Brother relies on “moral suasion” and the non-binding voluntary Code of Conduct that Big Bank feels free to observe or violate, depending on the circumstances.

Since there is no history of initiating enforcement actions against Big Bank there is very little public disclosure of the rare actions taken by Big Brother to encourage compliance with the existing laws and regulations. From time to time Big Bank makes small concessions, − “good will” gestures that help keep alive the impression that Big Brother has influence over Big Bank.

Big Bank is now deemed to be Too Big to Fail . Contrary to the underlying principles of capitalism such as “creative destruction” and the freedom to fail Big Bank cannot be allowed to die a natural death: it is the taxpayers who will be there to bail it out. Although Big Bank’s profits are privately owned, they are made possible thanks to unlimited guarantees against losses provided by the taxpayers.

The designation of being Too Big to Fail allows Big Bank to blackmail Big Brother in times of financial trouble. The latter cannot afford to let it fail for many reasons. One of the reasons is this: over half of Canadians live from paycheque to paycheque deposited electronically every second week by their employers to employees’ bank accounts.

There are also those who live from pension to pension that is paid monthly and is also deposited to their bank accounts.

The newly acquired status of Too Big to Fail further empowers Big Bank and makes Big Brother less relevant, particularly as Big Bank enters the Algorithmic Age to make full use of algorithms, data and artificial intelligence to enhance not only its ROI but also its role in the New Orwellian Canada where “physical” money printed, minted and controlled by Big Brother becomes less relevant, too.  

Algorithms, AI and the likes of e-money are still a thing of the future, albeit not so distant. For now, the relationship between Big Brother and Big Bank continues to be guided by the following time-tested underlying principles:        

1.         Two plus two never make four if this is contrary to the interests of Big Bank or Big Brother.

2.         Who challenges Big Bank challenges Big Brother.  Who challenges Big Brother     challenges Big Bank.

 3.        Injustice is Justice because it ensures failure of those who challenge Big Bank or  Big Brother.

4.         Information is money. Who controls access to information controls money. Who controls money controls the Orwellian Canada and its inhabitants.

These principles restate the obvious, − the realities of the Orwellian Canada  reflected in the two petitions about banking and brutality published not so much to collect thousands of signatures as to make the reader stop for a moment, look around and think: What Makes All This Possible?

Change is born out of the desire – and courage − to see the obvious and think.

We have now sunk to a depth at which the restatement of the obvious
is the first duty of intelligent men.

George Orwell