“Let's stop criticizing our banks!”

More than ten years after the subprime mortgage crisis, all the light has not been shed, and yet the idea of ​​the guilt of the banks has taken hold firmly in people's minds. They are even blamed for the double fault, since after playing with fire and triggering the crisis, they allegedly asked for help from the States. This unanimous condemnation, the result of incomplete analyzes, is a heavy component of the bank bashing that has raged since then and unfortunately works against our interests. We are indeed at a critical moment when Europe, faced with the domination of American finance and the dollar, must develop its own financial capacities. The development of a strong pan-European financial sector is therefore essential if we particularly want to foster the emergence of future European gafas. 
If it is vain to hope for the complete disappearance of this bank bashing and, one might say, of the bashing market whose roots plunge both in history and in ignor…

Canadian Senate imposes new suspension on Lynn Beyak

The Senate has decided to impose a second suspension on Lynn Beyak because of the derogatory letters to the First Nations which she published on her website. The senators approved a report from the standing committee on ethics and conflicts of interest which recommended that Ms. Beyak be suspended without pay for "the rest of the current term".
 
Canadian Senate imposes new suspension on Lynn Beyak

The decision was not unanimous, but the Senate did not publish the results of the vote.

Ms. Beyak was expelled from the Conservative caucus and was finally suspended without pay last May after refusing to remove the offensive letters from her website - a suspension that ended automatically when Parliament was dissolved for the federal elections in autumn.

The controversial senator apologized on Tuesday. Some of his former Conservative colleagues then wanted the ethics committee to reconsider the matter. A motion to this effect was rejected by 49 votes to 24.


The independent senators preferred to impose new sanctions against Ms. Beyak. She must also participate, at her own expense, in awareness-raising programs on racism against Aboriginal people.

"The success of such a program is necessary for its continued presence in the Senate," the report said.