Monday, October 4, 2004

Gold Outrage!

Word is that Canada is lobbying against a plan to reduce 3rd World Debt by revaluing the IMF's gold.

It is an outrage when rich countries like Canada (which will soon overtake South Africa as the leading source of the world's mined gold,) are more interested in protecting a handful of companies than in solving one of the world's critical problems - one that keeps billions of people in poverty. The absolute hypocrisy of this is that the Bank of Canada trades in gold itself, in order to position the Canadian dollar where it wants it. When you think of all the good that could be done reducing the burden on governments in Africa and South America, it is criminal to stand in the way of something like this. Not a year ago, our Prime Minister, Paul Martin was parading Bono around telling everyone how we were going to do wonders with third world debt.

Well Mr. Martin, it is time!

Jesus once wailed on a group of hypocrites who, in his words, "devour widows houses." As a Canadian, I stand as one of those hypocrites now.

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