Supreme Court of British Columbia at New Westminster, alleges that all financial institutions who are in the business of lending money have engaged in a deliberate scheme to defraud the borrowers by lending non-existent money which are illegally created by the financial institutions out of “thin air.” Dempsey claims that creation of money out of nothing is ultra vires these defendants’ charter or granted corporate power and therefore void and all monies loaned under false pretence contravenes the Criminal Code. The suit which is the first of its kind ever filed in Canada which could involve millions of Canadians alleges that the contracts entered into between the People (“the borrowers”) and the financial institutions were void or voidable and have no force and effect due to anticipated breach and for non-disclosure of material facts. Dempsey says the transactions constitutes counterfeiting and money laundering in that the source of money, if money was indeed advanced by the defendants and deposited into the borrowers’ accounts, could not be traced, nor could not be explained or accounted for.
The suit names Envision Credit Union (“Envision”), a credit union; Laurentian Bank of Canada (“Laurentian Bank”), Royal Bank of Canada (“Royal Bank”), Canadian Imperial Bank of Commerce (“CIBC”), Bank of Montreal (“BOM”), TD Canada Trust (“Canada Trust”) and Canadian Payment Association (“CPA”) as civil conspirators. The plaintiff in the lawsuit is seeking recovery of money and property that was lost by way of confiscation through illegal “debt” collection and foreclosure. The Plaintiff is also seeking for the return of the equities which rightfully belongs to the People of Canada, now being held by the defendant financial institutions as constructive trustees without color of right.
At all material times, these defendant banks and all of them have no legal standing to lend any money to borrowers, because:
1) these banks and credit unions did not have the money to lend, and therefore they did not have any capacity to enter into a binding contract;
2) the defendants did not have any cash reserve, they are not legally permitted to lend their depositor’s or member’s money without expressed written authorization form the depositors, and:
3) the defendants have no tangible assets of their own to lend and all their “assets” are “paper assets” which are mainly in the form of “receivables” created by them out of “thin air,” derived out of loans whereas the monies loaned out were also created out of thin air. Other than bookkeeping and computer entries, no money or substance of any value was loaned by the defendants to the Plaintiff.
In all of the loan transactions entered into between the Plaintiff and the Defendants, the financial institutions did not bring any equity to any of the transaction. All the equities were provided by the borrowers. The practices of the defendant financial institutions alleged in the complaint starkly contrast the practices of responsible and ethical money lenders who actually lend real, tangible, legal tender cash money.
The complaint alleges that the loan transactions are fraudulent because no value was ever imparted by the defendants to the Plaintiff; these defendants did not risk anything, nor lost anything and never would have lost anything under any circumstances and therefore no lien has been perfected according to law and equity against the Plaintiff.
The foreclosure proceedings which comes as a result of the borrower defaulting on such fraudulent loans were carried out in bad faith by the defendant banks and credit unions, and as such, these foreclosures were in every respect unlawful acts of conversion and unlawful seizure of property without due process of law which always results in the unjust enrichment of the defendants.
The suit alleges that the defendants utilize fraudulent banking practices whereby they deceive customers into believing that they are actually receiving “credit” or money when in fact no actual money is being loaned to their customers. However, the complaint describes a practice whereby there is realistically no money other than ledger or computer entries being loaned to the borrowers. Rather than real money being received by the borrowers, “electronic” or “digitally created money”, created out of nothing, at no cost to the financial institutions are entered as “loans” into their customers’ accounts. The borrowers are then required to pay criminal interest rates for the money they never received. The suit alleges that the defendants effectively turn consumers into virtual debt slaves, forcing them to pay for something they never received, and then seizing their properties if they can no longer pay the banks with real money.
There is no law in Canada that could remotely suggest that the defendant financial institutions have the legal right to create money out of nothing. Dempsey says: “only God has the power to create anything out of nothing.” The class action suit, the first and the biggest of its kind in Canada is intended to give the justice system the opportunity to prove itself to the People of Canada who is really in control or whether they would continue to allow itself to be used by the banks as a tool in their unlawful and fraudulent banking practices which always ends in the enslavement of the people and confiscation of the people’s properties.
Two other class action suits were filed by John Ruiz Dempsey against the banks. The first one was filed by Dempsey on behalf of Ian Dennis Gravlin of Calgary, Alberta and Pavel Darmantchev of Kelowna, B.C. versus the Canadian Imperial Bank of Commerce. This matter is set for case management conference hearing on April 26, 2005. The Plaintiffs expects a stiff opposition from the defendant’s law firm. Madam Justice Garson is the case management judge assigned to the case.
A second class action suit was filed against MBNA CANADA BANK on behalf of Pavel Darmantchev of Kelowna, B.C., Ian Dennis Gravlin of Calgary, Alberta and Dena Alden of Vancouver, B.C.
Revealed by US Congressman Charles A. Lindbergh, SR from Minnesota before the US Congress sometime during his term of office between the years of 1907 and 1917 to warn the citizens.
"We (bankers) must proceed with caution and guard every move made, for the lower order of people are already showing signs of restless commotion. Prudence will therefore show a policy of apparently yielding to the popular will until our plans are so far consummated that we can declare our designs without fear of any organized resistance.
The Farmers Alliance and Knights of Labor organizations in the United States should be carefully watched by our trusted men, and we must take immediate steps to control these organizations in our interest or disrupt them.
At the coming Omaha Convention to be held July 4th (1892), our men must attend and direct its movement, or else there will be set on foot such antagonism to our designs as may require force to overcome. This at the present time wourld be premature. We are not yet ready for such a crisis. Capital must protect itself in every possible manner through combination ( conspiracy) and legislation.
The courts must be called to our aid, debts must be collected, bonds and mortgages forclosed as rapidly as possible.
When through the process of the law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of the government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders.
History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.
The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.
By thus dividing voters, we can get them to expand their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete action, we can secure all that has been so generously planned and successfully accomplished."
__________________
All you touch and all you see is all your life will ever be.
Aspartame is poison, it has been proven, and the conflicts of interest in the very least point to a huge decetion. So instead of looking at the studies, and the years of INDEPENDENT research they ignore and mock this KNOWN fact.
Fluoride, used to produce placid prisoners added to the water IS NOT GOOD FOR TEETH. Yet again years of INDEPENDENT STUDY, suggest, something is VERY WRONG. Not to mention, it was used in history for evilish reasons.
The Fed Reserve is an offshore deception, and this fiat money game is the cause of most war and deception in the media and from soulless skeptics.... Please note all the AUDIT THE FED banners around.... the cat is out of the bag.
So the trickery continues, calling Tea Party activists terrorists? Or agents of chaos in the mix just to stir it up?
You see the Fed control the DTCC the clearing house for the CROOKED MARKET. Audit the Fed will show the true enemy of the truth. CURES AND SOLUTIONS.
www.businessjive.com
Skeptics can not see a con they are sheeple and only read the forced agenda to make conclusions, they can not be creative in thinking styles they believe to be the holder of truth and support an Anti God agenda......
Yet when given a chance to see or study anything of worth, use obtuseness and magic style (satanesque) trickery to avoid any real reason or study.
Limp wristed freaky deeky chumps.
__________________
All you touch and all you see is all your life will ever be.
Who backs the James Randi award for proving this otherworldly alive God, that some have seen and is recorded through history.....
Goldman Sacs..... (the same money lenders, thrown out of the church)
By using deceptive practice, obtuse language, legal magic.... Stealing, innovation, cures solutions and YOUR money.
All the war, all the hunger and all the lies stem from this beast system of LIES.
So the truth is hid to those that can not see (sheeple people) but if you can see who manipulates the mainstream news, the legal system and the market you will find it is the same crew that sponsor war, chaos, GMO, aspartame, fluoride in the water, mass vaccinations, rfid and the new national I.D. cards.... (the mark)
The same crew that screwed with Enron, kill innovation force us to use oil and gas when other invention is suppressed, make us choose chemo over natural cures to kill cancer.
They try to divide, black vs. white, Republican vs Dem religions and the manipulation of the written words in all cultures..... there are many double agents and they come in all forms but just know.....
This battle has already been won, inside all powerful groups are agents for God, the truth and the light.
__________________
All you touch and all you see is all your life will ever be.
