Turmel: Trudeau's 1974 Debt Scam Poem
Channel: kingofthepaupers
Date: 2018-05-24

TRUDEAU'S 1974 DEBT SCAM 

Canada's Debt National had much stability
Til 19 7 4 starts exponentiality.
Same in Ontario, Quebec, debt doubling over time,
Did debts all start to grow in big coincidence sublime?
The Bank of Canada made loans to Provinces and Fed,
Without the interest that causes budgets to turn red.
The only tax was for depreciation and repair,
So easily affordable without the banker's share.
It funded major projects, made St. Lawrence Seaway be,
Trans-Canada was highway built from sea to shining sea.
Not only infrastructure, even paid for World War Two,
With interest-free cash, we almost nothing couldn't do.

In 19 7 4, Pierre Trudeau cut the money feed:
Said "No more interest-free funds for infrastructure need.
All governments must borrow now new funds from private banks,
And raise new tax to service interest with bankers thanks."
But worse in 1968, Pierre Trudeau'd lifted cap,
On interest from 6 percent to 60, that's the rap.
In 12 years central bank rate rose to 22 percent.
More tax to service greater debt at higher rate was spent.
Pierre Trudeau is responsible for debts out of control,
For lifting rate cap, ending infrastructure loans, his role.
Canada sure could have offered all a living swell,
But Pierre in 19 7 4 turned Heaven into Hell.

I'll pay my tax for army and police to handle strife,
I'll pay my tax for doctors, nurses who protect my life,
I'll pay my tax for all engaged repairing road and sewer,
I'll pay my tax for social servants helping out the poor,
I'll even pay my tax for bureaucrats with no regret,
But I object to paying tax for interest on debt.
I'll gladly pay my tax for people's time at useful toil, 
But taxing me for money's time will always make me boil. 
While Justin could make interest-free loans again to be,
Can we expect but more bad fruit from father's evil tree.
Like dad, a prostitute to power, doing what he's told.
A follower, a Beta-boy, no Alpha leader bold.

Our taxes disappear since over 40 years ago, 
For interest on Trudeau's debt we didn't have to owe. 
If Mr. Spock could at computer central all alone,
Debug bad code to save a planet, skill we too may hone. 
No help was needed from the lo-tech slows who could not see,
What Spock can do, The Engineer says: "Also true for me." 
Getting back $2 trillion taxed since Pierre helped banks, us, fleece,
Reversing algorithm gets back $60 Grand apiece!