Jim Flaherty knowingly defrauded Canadian income trusts investors/taxpayers out of $35 billion of their life savings, with his manufactured claim that income trusts cause tax leakage. This argument was premised on an analysis that was fabricated and false, as it left out a full 38% of the taxes collected by Ottawa from income trusts. This knowingly false and fabricated analysis was performed by Mark Carney, currently Governor of the Bank of Canada.
Flaherty’s fraud shares many of the attributes of the Bernie Madoff scandal, as innocent retail investors were directly affected by a fraudulent scheme., that the press (Wall Street Journal) failed to report on.. It also shares many of the attributes of the World Com fraud perpetrated by Bernie Ebbers, whose fraud was an accounting fraud, in which Bernie Ebbers produced falsified accounting statements......exactly as Jim Flaherty and Mark Carney did with their openly fraudulent tax leakage analysis.
When will justice be done in Canada for the fraud perpetrated by Jim Flaherty and Mark Carney? They need to spend some quality time in jail, alongside the two Bernies......Madoff and Ebbers.
Thursday, March 12, 2009
Posted by Fillibluster at 2:56 PM