The PIIGS Brief by Timothy Madden

The PIIGS Brief
By Timothy Madden
Portugal, Iceland, Ireland, Greece and Spain can sue Canada for damages from global financial crisis
The PIIGS nations, scandalously so-called, of the European Union (EU) appear to have a genuine cause of action and means of remedy against the Canadian state and its commercial court system, secured in part by the aggregate bonds/liability-insurance of members of the various provincial and federal bar associations and law societies in Canada, as well as those of the courts themselves. Provable damages globally appear to be in the range of several trillions of dollars.
The underlying issue is malfeasance of office, gross negligence, reckless disregard and endangerment, and the proximate cause of the global financial crisis, with respect to damages experienced and yet to be experienced by the people and institutions of the PIIGS nations.
The means of remedy is/are either or both of an action in tort (equity) and/or in law pursuant to certain several international treaties referred to generally as anti-money-laundering and anti-financing-of-terrorism treaties, of which the PIIGS nations are common signatories with Canada, and under which Canada agreed not to do what it then did, and continues to do, which is to allow its courts to wilfully and knowingly enforce financial securities that constitute “enterprise crime/racketeering/RICO” offences under the Criminal Code of Canada. The specific anti-organized-crime sections at issue are expressly attached to the aforesaid treaties under which Canada agreed to treat any such civil action as laundering of proceeds of crime, and to seize whatever proceeds are within its jurisdiction.
Additional special, punitive, or exemplary damages are supported by the egregious nature of the means by which Canada violates the treaty or treaties directly, and of the means by which Canadian courts are converting financial securities contrary to the Criminal Code and in concealment (from international financial markets) of the known and admitted underlying criminality and vastly increased risk-in-fact.
Canada’s banks have escaped the global financial meltdown because Canada’s courts illegally granted them licence to operate, both in fact and in law, as “criminal organizations” within the meaning of domestic and international law. These same private banks used their criminal capacity to make themselves into de facto holding companies (and redirectors) for the illegal profits of the global system. They siphoned off the gravy and stuck the rest of the world with the bones.
Excerpt from Tim Madden's The PIIGS Brief