A 12-Year Old Girl's Devastating Critique of the Banks

Shove it up your ass, Jamie Dimon!

She’s talking about Canada, but you can more or less just fill in the name of your country and the same eternal truths will apply… A must-see. Truly, a must-see.

A video of 12-year-old Victoria Grant giving a lecture at a recent Public Banking Institute conference has spread via the Internet. In it, Grant talks about the history of the Canadian banking system and the effects of ‘collusion’ between governments and financial institutions. Video courtesy of Public Banking Institute.

For more information see publicbankinginstitute.org or moveourmoney.net.

Via Bloomberg, believe it or not…
Sagemindsays...

*Promote because everyone should not only be seeing this but promoting it to parliament as being so past obvious. You have to ask yourself Why. Why does our government not free us from this corrupt system? Indeed, why did they switch from the Bank of Canada to public banks in the first place?

And thus why are they not listening to us and switching back even when the obvious is put right under their noses?

chingalerasays...

>> ^Sagemind:

Promote because everyone should not only be seeing this but promoting it to parliament as being so past obvious. You have to ask yourself Why. Why does our government not free us from this corrupt system? Indeed, why did they switch from the Bank of Canada to public banks in the first place?
And thus why are they not listening to us and switching back even when the obvious is put right under their noses?


Could it be because they are criminals? criminal banking system + criminal legal system = organized crime.

cosmovitellisays...

>> ^dystopianfuturetoday:

I agree that both Canada and the US should re-nationalize our central banking systems, but I find it creepy when parents use their kids as a political mouthpiece.


She is one of the very few who can't be smeared or destroyed without causing more problems than it solves. Give them 5 years, they'll get her.

Deadrisenmortalsays...

Although I am 100% behind the message I am with DFT on the delivery system. There is no evidence that this is anything more than a little bird singing a song she has been taught to sing. If there was a question and answer period or a challenge presented by an audience member that she was able to take on intelligently I might change my mind. Until that happens my advice is to stop using your kid to sell your message.

>> ^schlub:

Ahh, the old "kids are too stupid to have minds of their own" approach...
>> ^dystopianfuturetoday:
but I find it creepy when parents use their kids as a political mouthpiece.


Auger8says...

@Deadrisenmortal and @dystopianfuturetoday you guys can't seriously be that cynical. Surely you were bright kids too. I remember wanting to solve the worlds problems when I was 12. Good for her that she actually found a solution and got people to listen despite her age. Far too many kids are shot down from being greater than their adult peers simply based on age discrimination. Don't help those people out. They get enough help as it is.

>> ^Deadrisenmortal:

Although I am 100% behind the message I am with DFT on the delivery system. There is no evidence that this is anything more than a little bird singing a song she has been taught to sing. If there was a question and answer period or a challenge presented by an audience member that she was able to take on intelligently I might change my mind. Until that happens my advice is to stop using your kid to sell your message.
>> ^schlub:
Ahh, the old "kids are too stupid to have minds of their own" approach...
>> ^dystopianfuturetoday:
but I find it creepy when parents use their kids as a political mouthpiece.



DrNoodlessays...

It's a shame that you're so closed minded to not even hear why and how she's referencing the Bible.

She's noting a parallel of the corruption of money to an old Bible story. I believe the point of this quote isn't about religion, but rather that corruption through money is nothing new.

PS. Oh yeah, I feel obliged to state that I'm an atheist. Otherwise you might disregard my comment too.


>> ^sirex:

I was with it right up to 4:18 when the bible gets dredged up.

Ryjkyjsays...

>> ^Auger8:

@Deadrisenmortal and @dystopianfuturetoday you guys can't seriously be that cynical. Surely you were bright kids too. I remember wanting to solve the worlds problems when I was 12. Good for her that she actually found a solution and got people to listen despite her age. Far too many kids are shot down from being greater than their adult peers simply based on age discrimination. Don't help those people out. They get enough help as it is.
>> ^Deadrisenmortal:
Although I am 100% behind the message I am with DFT on the delivery system. There is no evidence that this is anything more than a little bird singing a song she has been taught to sing. If there was a question and answer period or a challenge presented by an audience member that she was able to take on intelligently I might change my mind. Until that happens my advice is to stop using your kid to sell your message.
>> ^schlub:
Ahh, the old "kids are too stupid to have minds of their own" approach...
>> ^dystopianfuturetoday:
but I find it creepy when parents use their kids as a political mouthpiece.





No one is saying that this girl isn't bright, or that she doesn't want to change the world. But if you seriously can't see or hear the influence of her parents behind what she's reading, then I've got a painting I'd like to sell you.

Auger8says...

What I believe is that children, especially around the age of 10-12 are smarter than 90% of all the adults in the world put together they aren't confined by adult rules and restraints yet, they take things at face value and aren't scared to put forth ideas others might think are "crazy" or to embarrass themselves trying to share those ideas. Most ancient cultures believe that humans peak at 10-12 not 18-21 like you would think. It's because only when we look at things with a fresh point of view unencumbered by societies stereotypes are we truly at out finest. That's what I believe.

>> ^Ryjkyj:

>> ^Auger8:
@Deadrisenmortal and @dystopianfuturetoday you guys can't seriously be that cynical. Surely you were bright kids too. I remember wanting to solve the worlds problems when I was 12. Good for her that she actually found a solution and got people to listen despite her age. Far too many kids are shot down from being greater than their adult peers simply based on age discrimination. Don't help those people out. They get enough help as it is.
>> ^Deadrisenmortal:
Although I am 100% behind the message I am with DFT on the delivery system. There is no evidence that this is anything more than a little bird singing a song she has been taught to sing. If there was a question and answer period or a challenge presented by an audience member that she was able to take on intelligently I might change my mind. Until that happens my advice is to stop using your kid to sell your message.
>> ^schlub:
Ahh, the old "kids are too stupid to have minds of their own" approach...
>> ^dystopianfuturetoday:
but I find it creepy when parents use their kids as a political mouthpiece.




No one is saying that this girl isn't bright, or that she doesn't want to change the world. But if you seriously can't see or hear the influence of her parents behind what she's reading, then I've got a painting I'd like to sell you.

kymbossays...

Many of the concepts she is describing and terms she uses are taught in advanced economics and finance courses. The international financial system is not something I would expect a 12 year old to be across. I'm sorry if this is ageist, but seriously.

GenjiKilpatricksays...

Dear @dystopianfuturetoday @Deadrisenmortal @Ryjkyj and @kymbos

Please stop being asshats.

This is clearly a very intelligent little girl.

Assuming she doesn't know what she's speaking about just because you couldn't grasp a topic "this complex" when you were 12, belittles that intelligence.

While her parents may have piqued her interest in this topic...
the basic concept of "wait, so banksters create money from thin air? but if we do, it's illegal?" is a fairly easy dichotomy to grasp. Even for a 12 year old person.

I was 12 was G.W. Bush was elected. I remember thinking how much of moron he was and how the election had to be rigged because there's no way someone that stupid was deserving of that position.

I think the biggest factor you're forgetting is: This young person has access to google & wikipedia i.e. the entire fountain of human knowledge & history at her finger tips.

If you're 12, you probably have a shit ton of questions about the world.
If you have interest enough and google, you can educate yourself on any term or concept or complex system in maybe.. 45 seconds.

So please, recognize and acknowledge this girl's intelligence.

Recognize that she [like I and millions of other young people] had a simple epiphany about how the "real world" works, that lead her to educate herself on the relevant subject out of a simple sense of justice and indignation.

TL;DR

Give this girl credit. Even a 12 year old can see how unjust our banking/business culture is.
She's had a "wtf" moment and access to google.

jmzerosays...

She has about the level of understanding I would expect from a bright 12 year old. If her parents are feeding her this, they have a "bright 12 year old"'s understanding of the financial system. About the same as Ron Paul.

Canada has debt because it spends more than it takes in. Doing so in recent years has been mostly a good decision - and generally it's hard to argue with Canadian fiscal and bank-regulatory policy given its recent performance. We've weathered the recession better than most other places (partly this is due to the our natural resources and industry mix, but not completely).

Fractional reserve banking has a complicated effect on the economy. It's not easy to fit this into a 5 minute talk, but it allows for beneficial ways of managing and growing the economy.

If you think banks are just stealing money, go start a bank or invest in one. You'll find that they're businesses like any other, and that Canadian banks are mostly well regulated, and mostly make their money in responsible ways. Banks are not magic, and individuals can leverage money in many of the same ways they do.

On the flip side, there's been tremendous misbehavior by American financial companies (most of these aren't best described as banks) in the last decade, supported by bad laws. Some people got very rich while the economy got screwed to Hell. This had nothing to do with the basic ideas of fractional reserve banking, and everything to do with naked dishonesty, regulatory capture, and plain old corruption.

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