Canadian Girl's Lecture on Banking Goes Viral, Holds Lessons for All
Victoria Grant, age 12, pulled no punches in addressing this room full of bankers at the end of April.
"The banks and the government have colluded to financially enslave the people of Canada," the Canuck said, reciting the conclusions of her class research project and how she got there in a short speech before the Public Banking Institute's annual convention in Philadelphia, the Public Banking in America Conference. She was invited there after her first speech, to a Rotary Club, went viral over the Internet.
"Have you ever wondered why Canada's in debt? Have you ever wondered why the government forces Canadians to pay so many taxes? Have you ever wondered why the bankers from the largest private banks are becoming wealthier, and the rest of us are not?" she starts off, pointing out that Canada pays $160 million a day in interest alone ... to private banks, of course.
After dissecting the flawed logic of modern banking practices, Victoria compares private bankers to the money changers who Jesus clears out of the temple in the Bible. Of course, she was preaching to the choir, as it were. The nonprofit Public Banking Institute promotes and advocates public rather than private banks as a way for taxpayers to fund their own growth and government and bring back prosperity.
In an era of government intervention and vilification of First Nations' handling of their own finances—from housing-besieged Attawapiskat to the flooded-out evacuees of Manitoba—Victoria is certainly worth a listen. At least 150,000 people have thought so already, judging from the number of viewers to date her video has had on Vimeo and YouTube combined.
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