The Tender For Law

English Only

ENGLISH is the international language of law and commerce. Knowing FRENCH is useful for understanding LEGAL ENGLISH, but FRENCH is not the international language of law and commerce, so we will ignore French speakers who speak to us in the language of a conquered people.

Non.

I understand that you are a proud Québécois, but the people here have nothing but contempt for you because of decades of transfer payments and NONE OF YOU understanding what Quebec sovereignty means. None of you know who Russell Rogers Smith is, and you're too proud and arrogant to teach. Just go away and be Retardier somewhere else.

Volume 9

Mar 21, 2015 8:02 PM

Ceit Butler

Wow, did that connect a lot of dots. I started reading up on the Bank for International Settlements. The "About" page is full of fun words to look up! "Prime Counterparty" led me to this:

http://en.wikipedia.org/wiki/Prime_brokerage

...which led me to this:

http://en.wikipedia.org/wiki/Hypothecation

...and specifically, this section:

http://en.wikipedia.org/wiki/Hypothecation#Rehypothecation

Which describes the exact method by which banks borrow overnight from The Bank of Canada.