The Lions
Politics • Culture • Education
A group of friends with mostly centrist or conservative viewpoints who share resources and ideas about the governance of Alberta and Canada and about world events and trends.
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September 23, 2023

Banker arrogance

https://www.greaterfool.ca/2023/09/22/banker-arrogance/
[Can't trust the banks]

"...On the 4th Jim walked into his bank (the green one) to convert that big whack of money from the sale ($1.1 million) into a draft which he planned to hand deliver to his new lawyer in order to close on the bungalow. “Sorry,” the teller told him after peering into her terminal for several, painful minutes, “but you don’t have enough available funds for the draft.”
"But, he said, it’s my money. It was deposited into our personal joint chequing account by our lawyer, from her trust account and as a certified cheque. When a cheque is certified, it’s certified. The funds are there. It’s like cash. You have no right.
"Holding a cheque is legal. Federally-regulated financial institutions can sit on your money for a period of between four and eight business days, according to OSFI. But, it is not entirely arbitrary – and the front-line employee making that decision at the time of the deposit must know the rules....

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What else you may like…
Posts

I Have No Idea how the U.S.
Reached these CRAZY DEPENDECIES

"Let me give you a number that should end every argument about national security. 417 kilograms.

That's roughly how much rare earth material goes into a single F-35. A Virginia-class submarine needs about ten times that.

Now ask the question nobody in Washington wants to answer out loud: who controls the supply? The chokehold, metal by metal.

NdPr. Neodymium-praseodymium oxide is the heart of the super-magnet.

China controls about 90% of rare earth processing and 93% of magnet manufacturing. America has exactly one rare earth mine, Mountain Pass.

And Beijing has shown the leash. Export controls in April 2025. A harsher second wave in October 2025. That sec
https://mailchi.mp/wealthresearchgroup/brics-chokehold-intensifies-russia-china-and-greenland-critical

18 hours ago

Secretary Rubio Delivers Remarks from the Acropolis in Athens

October 06, 2026

Seems like Australia is finally waking up!
One Nation sure sounds a lot like Canada’s PPC. Wouldn’t it be great if Canadians could wake the hell up and figure out that they could vote for a party that actually shares their values like Aussies seem to be doing.

https://x.com/OzraeliAvi/status/2106222173375643820?

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