Toothpaste more trustworthy than Canada’s banks

After all, if you can’t top a tube of toothpaste, you really are in trouble

Editor, The Times:

You’ll wonder where the banksters went when you brush your teeth with Pepsodent (“Canadians trust their toothpaste more than banks,”  March 24, 2017, Vancouver Sun).

It’s not as simple as that but is sure is heartening to see that Canadians are not fooled. As the Bruce Cockburn song goes, “People see through you.” But! Then who could fail to see the malfeasance of Canada’s big six (or is it big five? I’ve heard both figures bandied about). No wonder Canadians trust their toothpaste more than banks.

Let’s have a brief review here. Cheating on the LIBOR – falsely or deflating their rates on money borrowed from each other, bringing in workers from India, getting their staff to train them, then laying off those same staff – that one stunk so bad it got shot down but one has to ask who even thought that one up.

Then there are the perfectly “legitimate” actions, such as charging usurious credit card interest rates, fees and God knows what else to fatten up their bottom line.

And there’s that very poorly publicized matter of some $114 billion of Canadian taxpayers’ money given to Canadian banks during and after the great banking crisis in 2007-08 (note here I’m not suggesting that this was a bad thing in itself. It’s just that we had to endure the utter nonsense about Harper being the great manager and the great solvency of Canada’s banks.

Of course we got none of this from the Financial Post. What we got was how the banks are going international, guided by the likes of Goldman Sachs and JP Morgan, two of the entities most responsible for the great U.S. banking crash of 2007-08

However, as the great song by The Who goes, “We won’t get fooled again.” When it comes to Canada’s banks, despite all the coverup by the Financial Post and others, the Canadian people are not fooled

After all, if you can’t top a tube of toothpaste, you really are in trouble.

Dennis Peacock

Clearwater, B.C.


Just Posted

Nearly $500,000 available for internships with First Nations government

Funds announced through partnership with Northern Development and Government of Canada

Biomass heater construction begins

The new biomass heater will use wood-chips to provide heat to the Sportsplex, rather than propane

Wells Gray Search and Rescue plans for a new headquarters

In recent times the team has struggled with inadequate space for training, equipment storage, etc.

Heart and stroke volunteers needed

When you think about helping other people you’re simply not thinking as much about yourself

Water upgrades face budget overrun

The lowest bid for a pump-house and other improvements came in at about five per cent over budget

Solitary-confinement veto a chance to address mental health: advocate

B.C. Supreme Court made the landmark ruling Wednesday

B.C. civil rights group files complaint about RCMP arrest of man who later died

Dale Culver, a 35-year-old Indigenous man was arrested in Prince George last July

Lawyer says former B.C. government aide ‘barely guilty’ in ethnic vote scandal

Brian Bonney pleaded guilty to a breach of trust charge

Quite a few tears as homemade quilts distributed to residents of Ashcroft Reserve, Boston Flats affected by last summer’s fire

Quilters in B.C. and Alberta worked through the summer and fall to create more than 100 quilts.

Island Health: No need for alarm in wake of Victoria needle-prick incidents

Three incidents in a week prompts meeting between health authority, city service providers

B.C. coast loggers celebrate history, hope for improvement

Truck Loggers Association awaits B.C. NDP government’s new direction

Global Affairs aware of report of two Canadians kidnapped in Nigeria

The foreigners were heading south from Kafanchan to Abuja when they were ambushed around Kagarko

Whistler role in potential Calgary Olympic bid would be welcome: IOC

Calgary is mulling whether to vie for the 2026 Games, and could look to facilities in B.C.

Food industry failing at voluntary sodium reduction: Health Canada

Health Canada report shows the food industry made no meaningful progress in curtailing salt levels

Most Read