Canada to Incorporate Social Scores in Banking


Posted originally on Mar 14, 2024 By Martin Armstrong 

Debanking

The Canadian banking system is set to be radicalized by open banking framework. Proponents are framing this as a way for banks to easily share information and access user data. The truth of the matter is that this is an opportunity to merge social standings with banking to provide government complete control over our finances.

The organization Open Banking Excellence, a World Bank partner that originated in the UK, claims that it will host all of a bank’s relevant needs in one place. The organization, which has reached 40 countries, aims to “create exceptional platforms and content that promotes knowledge sharing, new thinking and partnerships within the industry – catalysing the adoption of Open Finance and Data for better financial inclusion worldwide.”

CBDC Cover

“It’s about having that fairer, more inclusive, more open society,” said Helen Child, founder of Open Banking Excellence. Open Society, well, that does sound familiar. Why is there a need for inclusivity and fairness in banking when it should come down to numbers? “It drives financial inclusion,” she added, “It’s democratizing data.”

Data. That will be worth more than gold as we move forward with a cashless society. There is no easier way to control the masses than to control their access to money, their ability to buy, trade, and freely move about. The Canadian Press outlined the true motive in plain sight: “One of the biggest areas of growth is in credit assessments. Under open banking, lenders could directly access an individual’s banking data, so they can look beyond credit scores. Consumers can also use it to build their credit scores, for example, by proving reliable rent payments.”

Looking beyond credit scores equates to determining if a person is fit to participate in the global economy based on their personal views. Look at what happened to Nigel Farage. He never committed a crime or did anything to warrant what many have called the “Farage fiasco.” Nigel was suddenly debanked by Coutts and was unable to access any of his checking or savings accounts. His credit cards were deactivated. He was unable to participate in society without a moment’s notice.

Nigel Farage 2019 WEC

Farage did his due diligence and found that there were countless people who experienced the same financial attack carried out by the banks on behalf of the government.

This is a widespread phenomenon. We saw it happening commonly during COVID lockdowns, where users were not permitted to access places if their digital COVID passports failed. In China, when banks were facing a liquidity crisis, the CCP simply denied depositors the right to access their money and blocked them from physically accessing their banks. The government successfully prevented a bank run. We saw a few celebrities debanked from the system for voicing unpopular opinions without any legal proceedings or crimes committed.

Canada is one of many nations hoping to use unofficial social scores to control the masses. All of these actions are setting the stage for how CBDC will operate, a collective network containing everyone’s personal data and accounts. Governments have already begun debanking individuals and these steps will make it increasingly easier to force the masses to bow down and relinquish all control to the almighty government.

Missing Titanic Tourist Sub Suffered Catastrophic Failure of Pressure Chamber, All Five Souls are Lost


Posted originally on the CTH on June 22, 2023 | Sundance 

Coast Guard Rear Admiral John Mauger announced today that a remote operated underwater vehicle was able to locate the wreckage of the OceanGate tourist sub approximately 1,600 feet from the hull of the titanic. The mini submarine had been missing for four days.

The passengers on the 21-foot sub were British businessman Hamish Harding, Pakistani businessman Shahzada Dawood and his teenage son, Suleman, French explorer Paul-Henri Nargeolet, and Stockton Rush, CEO of OceanGate, the company that operates the vessel.   VIDEO:

CBS NEWS – Five people who were on a sub that went missing during a voyage to the wreckage of the Titanic did not survive, OceanGate, the company that planned the trip, said Thursday as the U.S. Coast Guard said the vessel experienced a “catastrophic loss of the pressure chamber,” and confirmed that the debris found on the sea floor were pieces of the missing sub.

“This is a incredibly unforgiving environment down there on the sea floor and the debris is consistent with a catastrophic implosion of the vessel,” Coast Guard Rear Adm. John Mauger told reporters.

An ROV, or remotely operated vehicle, from a Canadian vessel found the tail cone of the sub about 1,600 feet from the bow of the Titanic on Thursday morning, Mauger said during a briefing in Boston on Thursday afternoon. He said more debris was found and authorities consulted with experts who determined the debris was consistent with the sub.

“On behalf of the United States Coast Guard and the entire unified command, I offer my deepest condolences to the families,” Mauger said. “I can only imagine what this has been like for them, and I hope that this discovery provides some solace during this difficult time.” (read more)

Missing Sub CEO Explains Why It Was Important for Him Not to Hire “50-Year-Old White Guys From Military” as Submariners for His Tourist Sub Business


Posted Originally on the CTH on June 21, 2023 | Sundance 

Death by corporate Diversity, Equity and Inclusion (DEI), also known colloquially as ‘wokeism’, is unfortunately becoming a theme.

If you have been following the story of a missing deep water tourist submarine run by a company called OceanGate®, perhaps this part of the untold story might provide some ironic context for the current crisis.

The search for a missing Titanic tourist submersible continued Wednesday as experts fear the watercraft may have only a day’s supply of oxygen left” (more).

The CEO of OceanGate, the company that has created a tourism industry around underwater exploration, is a man named Stockton Rush.  Two years ago, Mr. Rush was interviewed about his company and how they operate; his outlook on the personnel he hired might explain the crisis.

According to Mr. Rush, he intentionally did not want to hire a certain kind of submariner expert for his corporate endeavor, because that would only bring ex-military submariners into the company. In his own words he explains how he did not want to hire “50-year-old white guys“, and instead preferred a more diverse and younger workforce to represent the operational face of the company.  Diversity, equity and inclusion was the priority. VIDEO at 27:10, WATCH:

Given the legal liabilities now present, the video will likely be scrubbed. However, there is a certain irony in the decisions around corporate human resources and operational priority, given the fact that all the rescue missions are being led by “50-year-old white guys.”

[…] U.S. and Canadian crews began searching for the underwater vessel Sunday after the 22-foot submersible, named Titan, lost contact with a support ship while carrying five people to the wreckage site of the Titanic. (more)

Grandma’s rules apply to further commentary.  I digress.