Déprimer nos agriculteurs ?

From: Oliver Heydorn
Sent: Tuesday, November 22, 2016 5:04 PM
To: social-credit@googlegroups.com; Louis Cook; Betty Luks; Charles Pinwill; William
Subject: from an organic farmer in Ontario

     I received the following e-mail messages from an organic farmer in Ontario a few months ago and promised that I would share it with other Social Crediters ... I am only getting around to it now.

     Anyway, there is an intro message from him, one from me as a response, and then a follow-up from the farmer. I am sure he would appreciate any feedback.

     I knew that the situation for farmers was bad, but I did not know it was a difficult as he is describing.

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Message #1 from the farmer: 

Good Morning,

Reading your website, the usury is much worse than interest or "upfront interest" on mortgages.

Mortgages usually disencumber assets on a declining basis, these assets are then used by the bank over the term.

However, the need to get all profits upfront and the principal lastly conflicts with this benefit of disencumbering the assets which back the mortgage.

Today, especially with the farming community, (which has significantly higher unencumbered assets value) the property or total asset value is assessed and an "advance" or "pledge" is required to access high interest debt.

On our Organic farm, we were required to "gift, advance, pledge" an extra $300,000 of unencumbered assets to the bank for $200,000 of debt.

Our principal is listed as $500,000 at 18%, our actual debt or borrowed money is $200,000.

It cost us $2.50 for every $1.00 of debt, that's not including interest.

This is also the Federal Government doing this, setting the precedent for private banks.

Interest excluded, this is 150% above the actual debt which is also 100% asset backed.

This way the Bank doesn't have to wait 15 years to realize the value of the unencumbered or lien on the assets on a declining basis of the principal, it gets 150% upfront and then on a declining basis of the mortgage with all the interest (profit) upfront.

It can literally go to the Canadian Treasury and use our own assets to lend back to us and have that 100% assets backed.

Our farm has literally become or, is acting in the roll of the Bank of Canada, supplying the assets to leverage our own debt and then assets back that debt 100% with the remainder of our assets ($200,000 encumbered).

This is Criminal Usury, the government believes it can get away with this however, go to another (private) bank, they will now only go up to 59% for the "pledge", knowing the inappropriateness of anything higher.

Farms and farmers have always been asset rich, cash poor. Farms stay in the family for generations and are mostly paid for however, this is changing rapidly. The cost of agriculture has been escalating at a rate of 15%-30% a year, forcing farmers into debt.

Farm Credit Canada, a Federal Crown Corporation has been enlisting what they call financing partners.

These private input supply companies provide FCC financing and are aware of the pooled assets FCC have been demanding through loans and are taking advantage of this fact.

A harvester in 2010 when we started up the family farm was between $185,000 - $210,000.

Today, dealerships that are "partners", charge $325,000 - $435,000 for one of these machines.

One of these machines gets used approx. 20-250 hours a year.

The same goes for agricultural tractors, prices doubling in 6 years to and average of $215,000.

Rampant inflation whether it be seed or even used machinery rekindles the demand for debt, something farmers try to avoid at all cost due to the risk of crop failures. Hundreds of things can go wrong from the first seed planted to the harvest.

One farmer I talked to was forced to "pledge" $1,000,000 listed as principal for $400,000 of debt, at high interest, 4.2% - 4.9%. I recently learned, 1.5% goes directly to the Receiver General of Canada, an extra tax or user fee for the cost of managing the stealing of assets from farmers.

In closing, the "banking problem" and monetary policy in Canada is often dictated by the FSB and/ or BIS, foreign organizations, some have complete immunity of all laws (Bank of International Settlements Immunity Act) in Canada to solicit our banks to simply take what we own as a "bail-in"
through mortgages.

The situation is allot worse then what anyone realizes, no money to buy and nothing left to sell.

Just wanted to share what I have learned, I agree with resurrecting the BOC to its original capacity, after all, we as the peoples of Canada own it, why should we allow it go "mustang"with our futures.

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My reply to the farmer:

Dear -------------,

  Many thanks for your message. I was aware that the financial system was particularly harmful where farming was concerned, but I didn't realize that it was as oppressive as you have indicated. Thank you for sharing this information. With your permission, I would like to pass it on to a few other Social Crediters as it would be of interest to them. It is quite disturbing that the providers of our foods supply appear to be specially targetted by the international financial class.

Sincerely,

Oliver Heydorn

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Message #2 from the farmer:

Thank you for acknowledging my recent email. I believe that the only way see the true scope of a problem is to share what is happening on the ground.

My concerns is that Federal Government becoming active it defining this particular structure of asset encumbrance and being incited to literally coerce participation for mere access to a Canadian dollars from foreign organizations with immunity in Canada for the use of these assets.

If the pooled assets are re-hypothecated, not even the RCMP will be able to track them due to the two sets of books that are used.

It literally paralyzes a farm, especially when one hits the 5-6 year mark. This is the time when one has become knowledgeable enough to anticipate ones environment and successfully grow crops in a manner that brings some profit to the operation.

However, if it were just the weather and soil conditions to worry about, farming would be relatively predicable. With inappropriate financial arrangements, one crop failure can kill the farm in a matter  of months, this makes one second guess and ignore ones intuition.

We have been there twice already, the first time a seed company sold Soybean that should only be grown in Kansas, not Ontario. Regional appropriateness is crucial, some however only see the $10K-$15K seed sale in the spring and suspend their duty to full disclosure for profits.

The Ontario Government defends this practice and ignores remedies set by statute to protect the seed company at the detriment of farmers, not to affect negatively the seed companies elevator license.

All these obstacle and willful omissions remove farmers from protection under statute, as if the law never existed.

The second was pure judgment, pushing the limits to achieve profitability for the losses the year before. The weather was the culprit and we lost 150 acres of Certified Organic Canola worth over $157,000.

My risk tolerance is now considerably tempered and we recovered yet again due to direct marketing and seed sourcing, with the help of my farming peers.

Back to the topic of banking, this all aids the demand for debt and deprives cash flow, which in turn leads to higher interest rates. Ironically the demand is low, farms stopped buying and
are trying to return to a more traditional self supporting communal safety nets.

In Europe the safety net per acres translates to approx. $210.00 /acre, in Canada all the money is spent on administration and what remains amounts to $12.00 /acre.

It's as if there is an ideology out there to create a food crisis, the new Bill C18 fosters this well due to how the provisions are interpreted by the agriculture market place. It seems to empower a level of corruption never seen before. Common sense and farming environmental realities are dismissed in lieu of only extreme profit taking.

Oliver, I can write a book on the problems but, there are also elegant technological solutions that can resurrect anatomy for farms so we can just grow crops. Three of these technologies are in the works that will allow Organic and Conventional farms to grow the purest chemical and pathogen free
crops ever grown.

One of these I have already prototyped. For 27 years I was a mechanical and manufacturing engineering consultant developing advance technologies and new methodologies for production processes.

Lots of good news for the future of foodstuff and people, just have to get out from under the thumbs of organizations that have no foresight for the future.

Oliver, by all means share this communication, hope to talk some time in the future, many blessings.

Sincerely,Name withheld