ccoommmunitymunity advisor...new community web site to get set up call 780-778-3949 by serena...

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TALK TO A TOP PRODUCER Patrick Carew cell: 778-0053 778-0053 Top Producer Top Producer 2010 2010 & Every Year & Every Year Since 2004 Since 2004 “Home of the Best Burgers!” 3909 37 Ave. 3909 37 Ave. DELIVERY DELIVERY (after 4 p.m.) (after 4 p.m.) 778-3500 • 778-5955 Cbspo t - - Pizza Town plans fluoride info night (Continued on page 11) MyWhitecourt.com byOZ Need A Web Site You Can Control? Or Maybe You Want A Web Site We Can Take Care Of For You? ...For As Little As ...For As Little As $ $ 10 / 10 /Month Month Either way Oz Media has got just what you need! Call Today And Ask About Our... New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev- er being too old to learn something new, unlike the 'can't teach an old dog new tricks' line. Learning is something that we need to take advantage of and scoop up like ice cream and load it up on the cone of life. When given the chance to see a new angle of a topic we thought we knew about, we should jump at it. Whether or not, in the end, we change our personal view on the topic, doesn't matter. Being open to the possibility is what does. On Monday June 27th, our town councillors voted 4-1 in favour of having a public information night concern- CJ’ CJ’ s s is on facebook Open 10 am to 11 pm daily Open 10 am to 11 pm daily Mountain Shopping Strip Mountain Shopping Strip COLDEST BEER COLDEST BEER ON THE PLANET ON THE PLANET LIQUOR UNLIMITED 778-8989 778-8989 Check Us Out! www.CommunityAdvisor.NET www.CommunityAdvisor.NET Media CIRC. 5,500 CIRC. 5,500 Advisor Co Co mmunity mmunity August 2011 — VOL. 9 NO. 8 August 2011 — VOL. 9 NO. 8 FREE FREE T Take One ake One FURNITURE DEN SEE AD ON PAGE 17 Photo Submitted by Sara Feland Photo Submitted by Sara Feland

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Page 1: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

TALK TO A TOP PRODUCER

Patrick Carewcell: 778-0053778-0053

Top Producer Top Producer 2010 2010

& Every Year & Every Year Since 2004Since 2004

“Home of the Best Burgers!”

3909 37 Ave.3909 37 Ave.

DELIVERYDELIVERY (after 4 p.m.)(after 4 p.m.)

778-3500 • 778-5955

Cbspo t -- Pizza

Town plans fluoride info night

(Continued on page 11)

MyWhitecourt.com byOZ

Need A Web Site You Can Control?

Or Maybe You Want A Web Site We Can Take

Care Of For You?

...For As Little As ...For As Little As $$10 /10 /MonthMonth

Either way Oz Media has got just what you need!

Call Today And Ask About Our...

New Community Web Site

To get set up call 780-778-3949

By Serena LapointeI've always been a believer in life-long learning. Nev-

er being too old to learn something new, unlike the 'can't teach an old dog new tricks' line. Learning is something that we need to take advantage of and scoop up like ice cream and load it up on the cone of life. When given the chance to see a new angle of a topic we thought we knew about, we should jump at it. Whether or not, in the end, we change our personal view on the topic, doesn't matter. Being open to the possibility is what does.

On Monday June 27th, our town councillors voted 4-1 in favour of having a public information night concern-

CJ’CJ’ss is on

facebook

Open 10 am to 11 pm dailyOpen 10 am to 11 pm dailyMountain Shopping StripMountain Shopping Strip

COLDEST BEERCOLDEST BEERON THE PLANET ON THE PLANET

LIQUOR

UNLIMITED

778-8989778-8989Check Us Out!

www.CommunityAdvisor.NETwww.CommunityAdvisor.NET

Media

CIRC. 5,500CIRC. 5,500

AdvisorCoCommunitymmunity

August 2011 — VOL. 9 NO. 8August 2011 — VOL. 9 NO. 8

FREEFREETTake One ake One

FURNITURE DENSEE AD ON PAGE 17Photo Submitted by Sara FelandPhoto Submitted by Sara Feland

Page 2: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

PAGE 2 Community Advisor AUGUST 2011

Page 3: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

AUGUST 2011 Community Advisor PAGE 3

History Cont...

History of the Town of Mayerthorpe

(Continued on page 12)

by Jeanette (Grigg) Lysachok

Pictures tell great stories so I have, therefore, chosen this way of telling for the most part the story of May-erthorpe. In many cases I was unable to obtain facts re-garding the construction and ownership of some of our original buildings. I wanted the Town History told on the lighter side so have played down some of our sadder history such as serious fi res and illness.

Many people have aided in the compiling of this story and I thank them all sincerely. Leo Crockett, with the help of his father's records and pictures, gave me the start. It would seem that Mr. L.O. Crockett Sr. foresaw the compiling of this history because of the effi cient way he recorded his pictures. He will long be remembered by us all.

Mayerthorpe is a friendly, prosperous town of 1500. Located 83 miles northwest of Edmonton on Highway No. 43. It is the centre of a good mixed farming area. The area was settled in the early 1900's by stouthearted men and women who saw this as a good place to set

WHITECOURTDECKING & RAILING

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MAKE IT LAST!

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WEATHERDEK Waterproof, Vinyl Decking - 5 to 15

year warranty

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Railing Systems 20 yr. warranty.

Providing Leaf Guard & 5” Continuous Eavestroughing! Siding Soffi ts Fascia Window & Door Capping Metal Roof & Wall Installation

Custom Metal DetailResidential & Commercial

Phone: 780-706-9255 • Fax: 780-778-6168

Many Colour Options Available.

Book Now Book Now for Summer for Summer Spruce-upsSpruce-ups

Merchants Bank of Canada and L.O. Crocket's Store, December 1919.

Gold Nails780.778.4879

Appointments & Walk-ins Welcome

Midtown Mall • Mon. - Sat.10 - 6

FREE DESIGN!!!with Full Set or Spa Pedicure

For Ladies, Men & Couples

Wedding Packages Available♥ ♥

Linh's KitchenNow Open! Serving

Breakfast7 - 11 am

Daily Lunch SpecialsVietnamese Dishes

& Sandwiches11 am - 3 pm

Delicious & Healthy

Eat in or take out780-396-8823 Midtown Mall

Page 4: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

PAGE 4 Community Advisor AUGUST 2011

This Month in Whitecourt

(Continued on page 15)

Whitecourt Council Month in ReviewRenovations at the Whitecourt Curling Rink are well

underway. $400,000 has been budgeted for the project, and to date a new ice plant has been installed, electrical and mechanical upgrades have been initiated, and inte-rior renovations have begun. The outside of the building will also be enhanced by the installation of cladding that will match the exterior of the Twin Arenas, Community Resource Centre and Allan & Jean Millar Centre. The renovation project is scheduled for completion this fall.

The Whitecourt Mountain Bike Association has been approved to develop and enhance the Cougar Ridge Path for use as a mountain bike trail. The trail is located south of the powerline on the Town’s southern bound-ary. The Association will be building new trail features, including the construction of a single track bridge over the creek to connect to the Town’s walking trail system. Cougar Ridge Path will remain a multi-use trail, and al-ternate routes around the mountain bike features will be constructed. The trail will also include signs indicating the trail feature’s degree of diffi culty, and safety rules.

The Town of Whitecourt will be offering a free Swim To Survive Program for the community. As a communi-ty surrounded by water, and with a large demographic of outdoor enthusiasts, water safety and skills are important

Statutory Holiday Monday, August 01, 2011 The Town Administration Offi ce, Public Works and Utilities Departments will be closed on Monday, August 1. The Allan & Jean Millar Centre will be open from 9am to 9pm; the Alliance Pipe-line Aquatic Centre will be open from 10am to 9pm.

Whitecourt ATV Club Meeting Wednesday, August 03, 2011 7:00 PM - 8:30 PM The Whitecourt ATV Club invites you to attend its monthly Club Meetings. The Club meets on the fi rst Wednesday of each month at 7:00 p.m. at the Forest In-terpretive Centre.

Community Services Advisory Board Meeting

Tuesday, August 09 - 8:30 PM The Community Services Advisory Board's objective is to create a healthy, strong community by meeting the leisure and social needs of the community.The Board meets on the second Tuesday of every month at 7:00 p.m. in the Spruceland Ford Meeting Room in the Allan & Jean Millar Centre.

(Continued on page 8)

5010 50th St. (Across from ATB)

Monday to Saturday - 10:00 to 5:00Eat-in or Take-out • 780-778-4405

We Are Now Serving Bubble Tea &

Smoothies with Low-Fat Yogurt

by the people who brought you My Little Saigon.

FOR RENT• Shared Space

• Main Street LocationCall For Details780-706-9309

Call us today for your FREE estimate780-706-9309

or E-mail [email protected]

• General House Cleaning• Move In/Move Out Cleaning• General Building Maintenance• Post-Construction Services

• Pre-Sale Cleaning• Lawn & Garden Care• Carpet Cleaning• Snow Removal

NewFloor Waxing Now Available!

Personalized ServiceProfessional Results

Page 5: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

AUGUST 2011 Community Advisor PAGE 5

P. 780.778.8680 C. 780.262.06524904 ~ 51st Avenue (Beside Rainbow)

Appts. & Walk-ins WelcomeAppts. & Walk-ins Welcome

Acrylic ~ Gel ~ Nail DesignsGel Toes ~ Spa Pedicures & Manicures Airbrushing ~ Paraffin Wax ~ Waxing

Mon. to Sat. ~ 9 am - 6 pmMon. to Sat. ~ 9 am - 6 pm

Gift Certificates AvailableGift Certificates Available

Podiums for Community GroupsWoodlands County will be purchasing and distribut-

ing podiums to the following local community groups: Anslemo Agriculture and Recreation society, Fort Assini-boine Agricultural Society, Goose Lake Recreation As-sociation, Topland Recreation Society, Whitecourt and District Agricultural Society and the Fort Assiniboine Legion.

Freeman RiverThe Freeman River has changed its course near

highway 658 as a result of the recent fl ooding in the area. Due to this Woodlands County feels that the river now has the potential to negatively impact highway 658 and the joining lands. As such, Woodlands County will be requesting that the situation be reviewed by Alberta Environment and Alberta Transportation.

Woodlands Council Month in Review

VINYL FENCINGDECKING & RAILING

Call: 780-706-8079 or 780-778-8282Call: 780-706-8079 or 780-778-8282

• Many styles available• Residential and ranch rail• Residential and ranch rail• Selection of colors• Selection of colors

“VINYL IS FINAL”“VINYL IS FINAL”

www.pdsvinyl.comwww.pdsvinyl.com

Wood & Chain Link Fencing

Available Available Also!Also!

Call us for all your Fencing,

Decking & Decking & Arbour needs!Arbour needs!

M t l il blM t l il bl

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3732 Kepler St. - 780-778-4414780-778-4414 • PINE PLAZA

Details Instore

LOVE WHAT YOU EAT

People who throw kisses are hopelessly lazy.- Bob Hope

s Seltec Computers

Our Shop is A+ Certifi ed!

• Computer Sales & Service• PC & Notebook Repair• On-site Servicing• Network Consulting• Domain Hosting• Wireless High Speed Internet

778-4501 #6 3702 37 Ave.

Page 6: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

PAGE 6 Community Advisor AUGUST 2011

(Continued on page 28)

Why Banks Aren't Lending: The Silent Liquidity Squeeze

by Ellen Brown

Why aren’t banks lending to lo-cal businesses? The Fed’s decision to pay interest on $1.6 trillion in “ex-cess” reserves is a chief suspect.

Where did all the jobs go? Small and medium-sized businesses are the major source of new job creation, and they are not hiring. Startup busi-nesses, which contribute a fi fth of the nation’s new jobs, often can’t even get off the ground. Why?

In a June 30 article in the Wall Street Journal titled “Smaller Businesses Seeking Loans Still Come Up Empty,” Emily Maltby reported that business owners rank access to capital as the most important issue fac-ing them today; and only 17% of smaller businesses said they were able to land needed bank fi nancing. Busi-nesses have to pay for workers and materials before they can get paid for the products they produce, and for that they need bank credit; but they are reporting that their credit lines are being cut. They are being pushed instead into credit card accounts that average 16 percent inter-est, more than double the rate of the average business loan. It is one of many changes in banking trends that have been very lucrative for Wall Street banks but are killing local businesses.

Why banks aren’t lending is a matter of debate, but the Fed’s decision to pay interest on bank reserves is high on the list of suspects. Bruce Bartlett, writing in the Fiscal Times in July 2010, observed:

Economists are divided on why banks are not lend-ing, but increasingly are focusing on a Fed policy of paying interest on reserves — a policy that began, inter-estingly enough, on October 9, 2008, at almost exactly the moment when the fi nancial crisis became acute. . .

(Continued on page 18)

For Cultured Stone StudioMusic Lessons call Cindy at:

Personal voice training will give you the confi dence and knowledge to let

your voice be heard.

♪ Voice ♪ Guitar♪ Bass ♪ Piano♪ Violin ♪ DrumsBOOK NOW! Singing ≠ Acting ≠ Public Speaking

Ask about our Private Dance Lessons - Starting Soon!

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Now offering lessons in:

culturedstonestudios.com

Welcome Taylor!Taylor will be

teaching Guitar & Drums,

Monday thru SaturdayStarting

June 20th

AUGUST 1-6ARIES - Mar 21/Apr 20Aries, social interaction will put a smile on your face. This week you will fi nd you spend a lot of time with friends simply enjoying their company.TAURUS - Apr 21/May 21Taurus, if you question too many things, you will never get anything accomplished. Ambivalence leaves you feeling paralyzed. It's time to make a move.GEMINI - May 22/Jun 21Gemini, recent admissions by someone close to you leaves you wondering if this person has ulterior motives. Take things at face value and don't be so suspicious.CANCER - Jun 22/Jul 22Cancer, planning a birthday bash for a loved one takes on new meaning. You're ready to pull out all the stops and, if done right, this party has the makings of a night to remember.LEO - Jul 23/Aug 23Leo, regardless of what you believe, the world will keep turning if you don't have ultimate control of everything. Therefore, lighten up and share the workload.VIRGO - Aug 24/Sept 22Monetary issues come to the forefront, Virgo. Without some assistance, your accounts could dip much lower than you would like. Take action immediately.LIBRA - Sept 23/Oct 23Libra, it's time to focus on personal issues that need to be resolved. Once you tackle these things, you will have more free time to devote to guilty pleasures.

Freelance Mechanic

Experienced, Certified Heavy Duty Truck Repairs

& Commercial Vehicle Inspections

4004 36 St. (Next to Whitecourt Collision)Phone: 780-778-1978 SHOP: 778-1967

s

Page 7: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

AUGUST 2011 Community Advisor PAGE 7

During the last news cycle, two of the main themes dealt with by the mainstream media created an exceedingly ironic situation when juxtaposed. On the one hand, the voicemail hacking crimes of News of the World and other tabloid missteps were extensively covered. On the other, the seemingly never-ending debt crises of the world came to the fore once again, with supposedly dire situations in U.S. and Greece. The irony comes in when comparing the mainstream media castigation of the tabloids to the reporting on the debt.

During the criticism of the tabloids, the mainstream media repeatedly stated the importance of newspaper ethics and speaking “truth to power”. Except the mainstream media is not really interested in speaking truth to power when it comes to reporting on the real causes of most debt. As bad as it is for journalists to hack into private voicemail systems, the damage to public trust and social institutions caused by this is nothing compared to the damage being caused by mountains of what is largely odious debt. Indeed, extensive coverage of relatively minor stories by the mainstream media,

From Syntheses to Synergy Community

AdvisorAdvisorPublisher: Dan Parker

Production: Terry DraegerOffi ce: Jennifer Vandenhouten

4907 52 Ave. Box 294Whitecourt, AB T7S 1N4Ph: 780-778-3949Fax: [email protected]

CommunityAdvisor.NETCirculation: 5,500

Published Monthly

“The liberty of the press is the

palladium of all the civil, political,

and religious rights.” - Junius

by Dan Parker

(Continued on page 16)

The result of this union would be, not the fortuitous result of a series of approxi-mations and conces-sions, but the harmo-nious synthesis of two aspects of a single thought.

Jacques Ibert

A kind of synthe-sis, but with some el-ements that perhaps you wouldn't have ex-pected in advance. I always like that when that happens, when something comes that is more than the sum of the parts.

Evan Parker

Call: 780-778-5225Marinated Beef - Bul Go GiChicken Breast - TeriyakiMaki & Sushi

We use Local Ingredients Wherever Possible. All Beef is AA Alberta Beef & Our Seafood is from B.C.

Kimchi - Top 5 of World’s Healthiest FoodBibimbab - Very Good Non-Fat Meal w/Rice

Mon. to Sat. 11:30 am to 10:00 pmHoward Johnson Downtown

Come down for a Lunch Special with

a DifferenceFrom $8.91 No MSGNo MSG

May we suggest:May we suggest:

Early BirdEarly BirdSpecial Special 55%%OFFOFF

Between Between 4 - 6 PM4 - 6 PM

Spicy & Non-Spicy Food

ATV Safety CoursesATV Safety CoursesCertifi ed through theCertifi ed through the

Canada Safety CouncilCanada Safety Council

Whitecourt Outdoor Ltd.Whitecourt Outdoor Ltd.

(780) 778-9339(780) 778-9339www.whitecourtatv.comwww.whitecourtatv.com

Rediscover the path to wellness!

(Male, Female - All Ages) (Male, Female - All Ages)

New Vegan Line of Gluten Free Meal Replacements

Valley Center Mall —Valley Center Mall — 780.778.8885780.778.8885Mon - Fri 10:00 am - 5:30 pm • Sat 10:00 am - 5:00 pm

Keep Your Energy Level Energy Level Up This Summer!Up This Summer!

Prevent Adrenal Fatigue Prevent Adrenal Fatigue & Hormone Imbalances& Hormone Imbalances

Page 8: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

PAGE 8 Community Advisor AUGUST 2011

"No Job Is Too Small"Call Trevor

780-779-7723Email: [email protected]

• Reno's• Reno's• Framing• Interior FinishingnishingiFinnishingnishingg

"All Your Carpentry Needs"""All Your Carpentry Needs""

HugeHuge

Selection!Selection!

3808 - 38 AvenueWhitecourt, AB T7S 0A2www.stonerv.com

780-706-22231-877-706-2221Cell: 780-706-6223

New New & &

UsedUsed••

PartsParts&&

ServiceService

Stop By Today!Stop By Today!

This Month in Whitecourt Cont...

Municipal Planning Commission Meeting

Thursday, August 11, 2011 4:00 PM - 5:00 PM The Municipal Planning Commission deals with land use planning matters, with particular emphasis on the Land Use Bylaw. The Commission meets in the boardroom at the Town Administration Offi ce at 4:00 PM. The public is welcome to attend. Family Jet Boat Rally Saturday, August 20, 2011 9:00 AM - 5:00 PM Join the Whitecourt Riverboat Association for the Fall Family Jet Boat Rally Saturday, August 20. The event will leave from Whitecourt's Riverboat Park. For more information contact the Riverboat Association at 780-778-1465.Community Fun Night Saturday, August 20, 2011 6:00 PM - 9:00 PM We invite one and all to come enjoy the Allan & Jean Millar Centre at a discounted rate. $2 for Adults & Youth, $1 for Children & Seniors, FREE for members

TELUS Walk for the Cure for Diabetes

Saturday, August 27, 2011 12:00 PM to 2:00 PM Walk to Cure Diabetes - Rotary ParkAn annual event held in Whitecourt that is open to ev-eryone. We are always looking for walkers, donations and volunteers. No admission fee, but donations will be accepted at the event.Register online: www.jdrf.ca/walk orFor more information contact Pearl at 780-778-4366

Kids of Steel Splash & Dash Event Saturday, August 27, 2011 10:00 AM - 12:00 PM The Whitecourt Tri Sport Club is hosting the Kids of Steel Splash & Dash Event on Saturday, August 27 at the Allan & Jean Millar Centre at 10:00 a.m. The swim and run event is for youth 8 to 19 years of age.Registration Deadline: August 20 - $25.00 FeeRegister online at the Alberta Triathlon Association website: www.traithlon.ab.caFor further information contact Jim at 780-706-7081.

(Continued from page 4)

A man was just waking up from anesthesia after sur-gery, and his wife was sitting by his side. His eyes fl uttered open and he said, “You are beautiful.” Then he fell asleep again. His wife had never heard him say that, so she stayed by his side. A few minutes later, his eyes fl uttered open and he said, “You are cute!” The wife was disappointed because instead of “beautiful,” it was now “cute.” She said, “What happened to ‘beautiful’?”

Her husband replied, “The drugs are wearing off!”

Page 9: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

AUGUST 2011 Community Advisor PAGE 9

MIDTOWN MALL • 780-706-3547

For The ABC's of FashionBack to SchoolBack to School

TOTALLYCOVERED

CLOTHING

Our Our

Draws!

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Draw!(Details in Store)

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Brand Name Brand Name Fashions Fashions

& Footwear!& Footwear!Hop in & Hop in & SAVE SAVE Today!Today!

Blizzard of the MonthBlizzard of the MonthDairy Queen WhitecouDairy Queen Whitecourtrt

A man placed an ad in the classifi eds: "Wife wanted."

The next day he re-ceived a hundred letters.

They all said the same: "You can have mine."

Glen, why do you al-ways get so dirty? asked the teacher.

Well, I'm a lot closer to the ground than you are. He replied

A Responsible Employee

Wayne was interview-ing for a job. The inter-viewer said, "In this job we need someone who is responsible."

"I'm the one you want," Wayne replied. "At my last job every time anything went wrong, they said I was respon-sible."

Page 10: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

PAGE 10 Community Advisor AUGUST 2011

Main St - Next to CIBC - 778-4781Mon to Sat 9 - 6, Thurs 9 - 9, Sun 12 - 4Mon to Sat 9 - 6, Thurs 9 - 9, Sun 12 - 4

WhitecourtWhitecourtWORKWEARWORKWEARWhere the worker comes fi rstWhere the worker comes fi rst

NOW AVAILABLENOW AVAILABLE

Maria ’ s Ta i l o r i n g & Alt e r a t i o n s

Midtown Mall, Downtown ♦ 780-706-7092

Alterations • Refl ective Tape for Coveralls • Formal WearMon. to Wed. 11 to 6, Thurs & Fri. 11 to 7:30, Sat 11 to 4:30

GIRLS' STYLISH GIRLS' STYLISH DRESSES FOR YOUR DRESSES FOR YOUR

SPECIAL EVENTSPECIAL EVENT

Maria’s sells: Bridal Headpieces & Veils, Bridesmaid &Flower Girl Dresses and Evening Gowns.

Hem Hem Pants Pants

Only Only $$99STEAM STEAM

IRONINGIRONINGLet us do your Let us do your ironing for you.ironing for you.

BOYS' TUXEDOS BOYS' TUXEDOS FOR RENTFOR RENT

GET READY GET READY FOR SCHOOLFOR SCHOOL

Whitecourt Transfer StationNeed a place to get rid of all those broken televi-

sions, CD players and other electronics that just don't work any more? Or how about your lawn clippings and maybe all those empty paint cans...

Well look no further that the Whitecourt Transfer Station located at the edge of town on the Blue Ridge back road. You turn east at the set of lights south of the intersection of Highway 43 and Dahl Drive.

Hour of Operation10:00 AM - 6 PM 7 Days A Week

Closed on all Stat Holidays

Phone: 780-778-5157

Page 11: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

AUGUST 2011 Community Advisor PAGE 11

Mon ~ Thurs 10 - 8, Fri 10 - 6, Sat 11 - 4Mon ~ Thurs 10 - 8, Fri 10 - 6, Sat 11 - 4

ENTER TO WINENTER TO WIN1 of 3 TRIPS1 of 3 TRIPS

Details In-storeDetails In-store

5009 52 Ave. 5009 52 Ave. Walk-ins WelcomeWalk-ins Welcome

Air ConditioningAir Conditioning

LOSE YOURSELFDAY SPA~ 780-778-4883 ~

Appointments & Walk-ins WelcomeOn Site Massage Therapist & Hair StylistOn Site Massage Therapist & Hair Stylist

• Infrared Sauna• Infrared Sauna• Spray Tan• Spray Tan• Eminence Facial• Eminence Facial• Spa Manicure• Spa Manicure• Spa Pedicure• Spa Pedicure

• Gel Nails• Gel Nails• Ear Piercing• Ear Piercing• Waxing• Waxing• Aqua Massage• Aqua Massage• Day Packages• Day Packages

~ Whitecourt’s Largest Day Spa ~

Givethe Gift of Relaxation

to your Loved Ones

ing water fl uoridation. This meeting will take place on September 22nd at the Seniors Circle starting at 7 pm. They are bringing in 2 medical professionals to discuss both sides of this issue. One will be a representative of Alberta Health, yet to be named and the other will be Dr. James Beck, Professor Emeritus of Medical Biophysics from the University of Calgary. This is an awesome op-portunity available to our community. Our councillors have the opportunity to educate themselves and decide if Whitecourt can do better for the health of the com-munity. In order for them to make a decision that affects both the healthy and unhealthy members of Whitecourt, they need information. You can't decide something without fi rst weighing the risks for everyone involved. For example, people in Whitecourt with poor health are at higher risk of being affected by consumption of fl uo-ride. People with impaired kidney function are unable to fi lter out fl uoride the way healthy individuals can and therefore consuming fl uoridated tap water can seriously harm their already fragile health. Is it fair to say that the risks are justifi ed? Can we accept possible harm on others as worth the minimal benefi t received? Our coun-cillors will participate in this meeting and I know they invite you to do the same.

Since bringing this issue up back in February, my main point has always concerned the CONSUMPTION of fl uoride, not the act of using it in general. It isn't about condemning its use, but simply using it properly. That's the myth in this whole thing and so many peo-ple are being placed in a category of "fear mongerer" simply by bringing up the topic of water fl uoridation. I'm not running around trying to scare you, I am simply bringing up information that continuously goes unno-ticed. Information that can help us be better, teeth and all! We are told not to swallow our toothpaste and we shouldn't swallow artifi cial fl uoride from the tap either. Enough studies exist that SHOULD be enough for us to say "maybe there is a better way, just incase we are being harmed" because I know that none of us would knowingly hurt ourselves or our children. Whitecourt could become a leader in dental care, for other commu-nities to model themselves after. By ending our water fl uoridation, we can save roughly $20,000/year, much more if you account for the upkeep required at our plant because of the damage caused by the artifi cial fl uoride. That $20+ thousand can be put towards making fl uo-ride products available to low income families, and pro-vide proper information concerning dental health for the whole community. Putting fl uoride in the water doesn't teach anyone how to properly take care of their teeth. It doesn't teach children the importance of fl ossing, eating healthier foods or brushing for longer then 5 seconds. It has already been said by Health Canada that fl uoride's benefi t comes from TOPICAL use and NOT systemic; which means that swallowing it isn't helping our teeth

(Continued from page 1)

(See Fluoride on page 26)

Page 12: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

PAGE 12 Community Advisor AUGUST 2011

down roots and raise families. Soil Pro fi le: Generally mixed-ranging from

nearly black to grey. Fuel: Natural gas was installed in Septem-

ber 1966. Sewer and Water: Installed in 1954, a very

wet, muddy summer. Local Resources: Lumber, hay, grain, grass

seed, dairy products, poultry products, alfalfa pellets, horses, cattle, sheep, hogs, honey, oil and gas.

Government Offi ces and Services:Federal: Post Offi ce, R.C.M.P.Provincial: Treasury Branch, Alberta Gov-

ernment Telephones, Liquor Vendors, Police Magistrate.

Municipal: Town Offi ce, Town Foremans Offi ce, Town Garage, and Fire Hall.

Health Services: Medical Clinic, a 22 bed hospital and Lac Ste. Anne Health Unit.

Transportation: C.N.R. branch line, Ed-monton to Whitecourt (freight only), Canadian Coachways (daily), truck service daily to and from Edmonton.

Financial Facilities: Canadian Imperial Bank of Commerce, Toronto Dominion Bank and Provincial Treasury Branch.

Service Clubs: Chamber of Commerce, Kinsmen, Kinettes, Lions, Legion and Legion Auxiliary, and Regional Recreation Board.

Lodges: Masonic Lodge and Eastern Star. Education: The Mayerthorpe School District

No, 2496 is a unit of the Lac Ste. Anne School County No. 28. Grades one to twelve taught.

Theatres and Halls: Kinsmen Theatre, Le-gion Hall, R.C.M.P. Centennial Building

Administration: The town is governed by a

(Continued from page 3)

(Continued on page 19)

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C.W. Bish Hotel December 1920.

Oxen on main street by Hub Hotel, 1920.

Louis Poelvoorde, Hub Hotel, 1922.

Main Street looking north, 1921. Photo

courtesy Leo Crockett.

Installing safe in the Merchants Bank. Photo courtesy Leo Crockett.

Digging basement for Slocombe's house across

from present Primary School. Harold Grigg driving horses, 1923.

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AUGUST 2011 Community Advisor PAGE 13

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A college student challenged a senior citi-zen, saying it was impos-sible for their generation to understand his. “You grew up in a different world,” the student said. “Today we have televi-sion, jet planes, space travel, nuclear energy, computers…”

Taking advantage of a pause in the stu-dent’s litany, the geezer said, “You’re right. We didn’t have those things when we were young; so we invented them! What are you doing for the next generation??”

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Page 14: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

PAGE 14 Community Advisor AUGUST 2011

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AUGUST 2011 Community Advisor PAGE 15

(Continued from page 4)

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to the lives of our residents. The objective of the program is to enhance community safety by providing the opportu-nity for adults and children to gain basic water skills in the event that they unexpectedly fall into deep water. Further information on the program is available at the Allan & Jean Millar Centre and will be advertised in the fall edition of the Community Spectrum.

The design concept for the new Splash Park at Rotary Park has been fi nalized. The new water feature includes three different play zones: Discovery Bay, Adventure Bay, and Action Bay. The various interactive play environments provide activities for children of various ages and activity

levels. The new Splash Park will also include a rubber-ized concrete play surface; fully programmable controls, nozzles, timers and sensors; and amenities will include a sun shelter and benches for parents. The new Splash Park is scheduled to be complete by the end of September.

A review was conducted on municipally operated traffi c signals throughout Whitecourt, and a number of enhancements will be made to controlled traffi c intersec-tions this summer as part of the 2011 Street Improvement Program. Proposed enhancements include upgrading sig-nal timing programs and installing wide angle camera sys-tems. All upgrades will be completed by the end of Sep-tember 2011.

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PAGE 16 Community Advisor AUGUST 2011

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such as the tabloid scandal, are partially meant to distract and divert the attention of readers from the more serious issues.

It’s also probably safe to say that the News of the World and its owner Rupert Murdoch are being dealt with particularly harshly because of the so-called right wing stance of their information products, with Fox News being one holding. Murdoch also famously broke the power of the print unions in his early years in England. The unreported story of ECHELON is another facet of the hypocrisy. According to Washington journalist Bill Blum, the English based ECHELON is a “network of massive, highly automated interception stations” that is “the greatest invasion of privacy ever.”

In any case, during its extensive coverage of national debt and other fi nancial news, the mainstream media never mentions that, for the most part, the debt crushing nations and people is not a naturally occurring phenomenon. It was instead created through dubious bookkeeping entries in the world fi nancial system. The great majority of money is created from nothing, as debt, at compound interest. The money to pay the compound interest does not exist until it is created as more debt at more compound interest. Mathematically, this must lead to more and more debt over time, even though the (Continued on page 17)

creditor has given nothing of value. It is the very outrageousness of the practice that

allows its continuance since people are naturally reluctant to believe they could be victims of such a situation. This make-believe debt has become our reality through a massive propaganda campaign, with the chief perpetrator being the mainstream media. The result is so-called austerity programs where both society and the environment are given short shrift in the battle for global dominance by those who have control over the creation of money.

A historical example of the debt illusion is the Great Depression, where it was held to be impossible to hire men to engage in productive work because it was a so-called obvious ‘fact’ that there was not enough money available. Yet as soon as WWII started, virtually unlimited funds suddenly appeared so that both men and women could be hired, to engage in destructive work. No explanation was given for this miraculous change. However, the unstated reality is that whatever is physically possible is fi nancially possible. Money is merely a symbol. If there are people and materials to build something, saying it can’t be done because of a lack of money is like saying an airline must run its planes half full because it cannot print enough tickets. Of course

(Continued from page 7)

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AUGUST 2011 Community Advisor PAGE 17

(Continued from page 16) people clearly realize what is at stake here – to the creation of money by counterfeiters, so rightly condemned by law.” However, although there might be little difference between counterfeiters and banks in the money creation process, the motivations are very dissimilar, with many in the establishment fi nancial fraud actually working toward a higher purpose.

To reiterate some concepts covered in previous columns, the globe still runs largely on the rule of ruthlessness, rather than the rule of law. Essentially, the main thrust behind the money fraud is to create a world government through a supranational fi nancial (Continued on page 23)

structure that can control sovereign governments. The goal is to create a solution to the age-old problem of war.

This idea of super-elites working towards a world government is often expressed as conspiracy theory. The reality is that it is conspiracy fact. As previously written, ultimate insiders David Rockefeller, Carroll Quigley, Arnold Toynbee and others have admitted their aims, in no uncertain terms, in their own words. These are not books written by conspiracy researchers, but by the insiders themselves and are readily available through the Internet or, in some cases, the Alberta library system.

A main problem is that while some super-elites work towards ending traditional war, our current money system is set up to create a continuous war between individuals and groups within nations. In doing so, ethics is being selected out from the general population. Money to pay the compound interest on the debt created from nothing is not created fast enough for everyone to pay both their debt and the interest due. The result is that even when there is more than enough for all, we are still forced by this money system to fi ght each other in order to get enough to fi nancially survive.

Economist Bernard

care must be taken not to create too much money, which would lead to infl ation. However, today’s continuous structural infl ation is caused by the need to keep increasing the money supply to pay compounding interest on debt.

Well known economist John Kenneth Galbraith is on record as stating “[t]he process by which banks create money is so simple that the mind is repelled.” Nobel laureate economist Maurice Allais summed up the situation well when he stated “In essence, the present creation of money, out of nothing by the banking system, is similar – I do not hesitate to say it in order to make

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PAGE 18 Community Advisor AUGUST 2011

SCORPIO - Oct 24/Nov 22Scorpio, you and your spouse or partner don't see eye-to-eye on many things. This can lead to misunderstandings that need to be resolved. Exercise a little patience. SAGITTARIUS - Nov 23/Dec 21Sagittarius, a relationship that you thought might be long-term has ended prematurely. Don't dwell on what might have been; move on to greener pastures this week.CAPRICORN - Dec 22/Jan 20Capricorn, matters of the heart need to be temporarily set aside because you have other pressing requirements. Just don't neglect family life for too long. AQUARIUS - Jan 21/Feb 18Aquarius, sometimes you have to lighten up, otherwise people may not want to spend time with you. Now is the time to let loose and enjoy yourself. Try to make new friends.PISCES - Feb 19/Mar 20Don't get too lost in your own thoughts this week, Pisces. You need to be focused to handle a few tasks at hand.

AUGUST 7-13ARIES - Mar 21/Apr 20Reserve judgement for another time, Aries. When someone needs your advice, simply offer it instead of lecturing on what should have been done.TAURUS - Apr 21/May 21There's not much you can say or do to change someone's mind. Instead of getting worked up about it, simply move on to someone who is more receptive.GEMINI - May 22/Jun 21Gemini, few things rile you up more than dishonesty. But don't allow this person to get the better of you. Take the high road instead.CANCER - Jun 22/Jul 22Cancer, it's alright to tell someone the truth. However, sometimes you have to soften your words. Not every person is receptive to brutal honesty at all times.LEO - Jul 23/Aug 23Leo, when you introduce a new idea, expect it to be met with some opposition. However, later in the week others will start to see the merits of the idea.VIRGO - Aug 24/Sept 22The saying goes, "If you can't beat them, join them." For you, Virgo, these are words to live by this week. Don't be the odd person out; join with the group.LIBRA - Sept 23/Oct 23Libra, check your fi gures again because something simply isn't adding up in your fi nances. You may need to ask a friend to go over things with you again.SCORPIO - Oct 24/Nov 22Scorpio, although you have attacked a problem from

many angles, you can't seem to come to a resolution. Someone will offer the "ah ha" moment this week.SAGITTARIUS - Nov 23/Dec 21Sagittarius, boredom might reign early in the week, but there are plenty of memorable activities on the horizon. Surround yourself with friends.CAPRICORN - Dec 22/Jan 20Capricorn, it is OK to reminisce about old times, but trying to relive your youth is not advantageous. This week, make a few new memories that you can be proud of.AQUARIUS - Jan 21/Feb 18Aquarius, even though others around you don't always act as you would hope they would, you have to look at the merits behind their actions. Don't be critical.PISCES - Feb 19/Mar 20A problem proves a tough nut to crack, Pisces. You'll fi nd a way to get to the center of the issue and resolve things by the weekend.

AUGUST 14-20ARIES - Mar 21/Apr 20It will take a little effort on your part, Aries, to help someone feel your love. Once you get past the initial hurdle, all things will work out for the best.

(Continued on page 24)

(Continued from page 6)

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AUGUST 2011 Community Advisor PAGE 19

mayor and six councillors elected for a three year term. The secretary-treasurer administers the affairs of the town according to the policy set by the council. One by-law enforcement offi cer is employed by the town.

Fire Protection: The fi re brigade consists of a fi re chief and seventeen volunteer fi remen.

Tax Structure 1977:Commercial 86 MillsResidential 86 MillsTotal Commercial Assessment $868.955.00Total Residential Assessment $1,606,417.00

The starting of a town on the railroad in the Paddle Valley fi nally solidifi ed in the mind of Leo Crockett Sr. in the year 1919. This was the year he purchased a half section from Jimmy Don, as well as a fraction from Bill Chappin. The north portion of the half section, along

(Continued on page 20)

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Mayerthorpe, which was Little Paddle until November, 1920, showing main street looking south. L. O. Crockett Sr.'s General Store on the right. The town site was dense bush at this time.

(Continued from page 12)

Main Street, 1919, looking north from Crockett's General Store towards the Hub Hotel. Photo courtesy of Ray Wilson.

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PAGE 20 Community Advisor AUGUST 2011

with the Chappin land, bordered the end of the railway at this time and Leo had it surveyed as a town site by Mr. Ben Mitchell. This is the land where Mayerthorpe now stands.

(Continued from page 19)

(Continued on page 21)

Equipped with a conviction that the country would open up and that more settlers would come in, Leo was convinced that this bush townsite would some day be-come a town.

Above and below, interior of L. O. Crockett's Central Store, 1921.

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AUGUST 2011 Community Advisor PAGE 21

(Continued on page 22)

(Continued from page 20)

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Construction of Beaver Lumber, 1920. Pictured are Sam and Willis White and Floyd Bish.

He made a trip to Edmonton and talked with the Merchant's Bank of Canada manager. He convinced the manager that it was the place to build a bank. His judgement was followed and a structure approximately 12' x 16' was erected on the present site of the Toronto Dominion Bank. This bank building was the fi rst in the townsite. Erected in the fall of 1919, this was quickly followed by Crockett's General Store and a small hotel, located at its present site, operated by C.W. Bish. Not long after, a lumber yard was opened and business grad-

ually came in, as more settlers opened up the country. When the original Post Offi ce, known as "Little

Paddle" (near the Alvin O'Shea farm) was closed in 1920 after eight years of service, it was necessary to name the townsite. So a meeting of James Clark, John Grigg, Bill

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PAGE 22 Community Advisor AUGUST 2011

(Continued from page 21)

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Chappin, C.W. Bish and Leo Crocket Sr. was held for this purpose. Those people present wanted to name the townsite "Crocket" but Leo Crocket disagreed hear-ing it would be confusing. Therefore, they considered the name "Mayerthorpe", which had been suggested to them by postal authorities. The word "Mayer" was the surname of Robert Mayer, the fi rst postman in this area, while the suffi x "thorpe" means "little village." This suggestion proved satisfactory to the concerned businessmen, and the name "Mayerthorpe" was offi -cially registered. John Grigg became postmaster and

mayor. The original hotel, built by Mr. Bish, was never de-

stroyed but added to over the years and still forms part of the Hub Hotel today.

1920 saw the construction of the Frontier Lumber Co. and the opening of a livery barn owned by Jack Astle at the south end of town. By 1923 more buildings stood on "main street". These included Nicholl's Hub Restau-rant and Louis Poelvoorde's store, with the fi rst dance hall upstairs. In 1927 Mayerthorpe was incorporated as a village.

This history provided by Three Trails Home, copyright - the Town of Mayerthorpe, with permission.

Main Street, 1923. Nichol's Hub Restaurant, Louis Poelvoorde's Store with fi rst dance hall upstairs, Mike Casper's Rooming House. Photo courtesy Leo Crockett.

Looking west from present site of Toronto Dominion Bank, 1920. Ice House and W. Richardson's residence and livery barn, Oscar Torgeson's blacksmith shop.

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AUGUST 2011 Community Advisor PAGE 23

(Continued from page 17)Lietaer explains “I have come to the conclusion that greed and fear of scarcity are in fact being continuously created and amplifi ed as a direct result of the kind of money we are using. For example, we can produce more than enough food to feed everybody, and there is defi nitely enough work for everybody in the world, but there is clearly not enough money to pay for it all. The scarcity is in our national currencies. In fact, the job of central banks is to create and maintain that currency scarcity. The direct consequence is that we have to fi ght with each other in order to survive.”

“Money is created when banks lend it into existence. When a bank provides you with a $100,000 mortgage, it creates only the principal, which you spend and which then circulates in the economy. The bank expects you to pay back $200,000 over the next 20 years, but it doesn't create the second $100,000 - the interest [in time]. Instead, the bank sends you out into the tough world to battle against everybody else to bring back the second $100,000.” It’s like a game of musical chairs, where the loser can lose their house. Imagine the ethics that would develop in this innocent game, if the penalty was the same.

Here again, the dynamic above is fact,

(Continued on page 25)

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Page 24: CCoommmunitymunity Advisor...New Community Web Site To get set up call 780-778-3949 By Serena Lapointe I've always been a believer in life-long learning. Nev-er being too old to learn

PAGE 24 Community Advisor AUGUST 2011

(Continued on page 27)

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TAURUS - Apr 21/May 21Sometimes things just don't go your way, Taurus. This week you will experience a few hurdles that seem insurmountable. The fact is that you can handle them.GEMINI - May 22/Jun 21Think twice before you enter into a relationship without weighing the cons, Gemini. There are plenty of positives, but some of the other things may be a disadvantage. CANCER - Jun 22/Jul 22When it seems you have an enormous weight on your shoulders, Cancer, the best thing is to talk about it right away with someone you trust. This will be the case this week.LEO - Jul 23/Aug 23Look at yourself in the mirror and you'll fi nd there are plenty of things to be proud of, Leo. Try to regain your self-confi dence in the next few days.VIRGO - Aug 24/Sept 22Virgo, if you're looking for a new romantic relationship you could fi nd that you have plenty of suitors this week. It's almost as if they are all coming out of the woodwork.LIBRA - Sept 23/Oct 23You had really get a second opinion on the way you are handling your fi nances, Libra. Credit card usage could put you in a bunch of trouble if you are not careful. SCORPIO - Oct 24/Nov 22Open up your mind to new possibilities, Scorpio. You could just fi nd that the opportunities for you abound and literally the sky is yours for the taking.SAGITTARIUS - Nov 23/Dec 21Think of the ways you can help out at home and put that plan into motion, Sagittarius. Not only will it resolve some issues, but also it will feel good doing something positive.CAPRICORN - Dec 22/Jan 20If you are feeling stressed, Capricorn, look for ways to lighten your workload. Hire people, like a housekeeper, who can help with some of the things you don't enjoy doing.AQUARIUS - Jan 21/Feb 18The to-do list may seem never-ending, Aquarius. All it takes is tackling one thing each day for that list to shrink dramatically. And there are always people who are willing to help.PISCES - Feb 19/Mar 20There is more than meets the eye to you, Pisces. This week you will prove everyone wrong when you tackle something amazing.

(Continued from page 18)

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AUGUST 2011 Community Advisor PAGE 25

(Continued from page 23)not conspiracy theory. The statement above can be verifi ed by offi cial records and basic math. Despite not making the mainstream media pages, myriad accredited professionals repeat the basics of the extremely important topic that Mr. Lietaer is covering. Bernard Lietaer himself spent fi ve years at the Central Bank in Belgium, where his fi rst project was the design and implementation of the single European currency system. He was president of Belgium's Electronic Payment System, developed technologies for multinational corporations to use in managing multiple currency environments, taught international fi nance at the University of Louvain and was the general manager for one of the largest and most successful offshore currency funds. In short, while the mainstream media routinely portrays monetary reformers as being uninformed and sometimes kooky, the opposite characterization would be closer to the truth.

The tools of the super-elites, such as higher levels of government and our mainstream media, do a thorough job of trying to improve society by pointing out the importance of social responsibility, respect for the individual, concern for the environment and so on. Yet both the social and ecological situations are often degrading, rather than advancing. This is not surprising, if one harks back to Lietaer’s example of everyone

battling for fi nancial survival. Those in secure jobs might be able to sit back and engage in higher work, but more and more, people have to concentrate on putting bread on the table fi rst, before giving much more than lip service to higher social and environmental ideals.

It can be argued that social responsibility has actually been in overall decline for the last 40 years or so. This would fi t with moves in the money world to exacerbate the debt situation at that time. For example as late as 1973, the publicly owned Bank of Canada (B of C) was creating 23% of this nation’s money supply; wherein any interest charged went back into public coffers. Now the B of C is creating less than 5% of the money supply, largely through the printing of physical dollars.

Where it all ends up is that while the money power works towards ending war at the international level, it is selecting out ethics at the national levels. What is more, the propaganda to keep the situation going is dumbing the general population in regards to real world economics (which has very little to do with the smoke and mirrors of the current world fi nancial system). In short, the money power is creating a highly unstable situation in which should they reach their goal of world government, it will be a world government that is not democratic and doomed to a relatively short life. In

(See Debt on page 26)

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PAGE 26 Community Advisor AUGUST 2011

(Debt from page 25)

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a fast moving, complex world, a truly economically aware, informed citizen is a requirement.

At one time, opposing civilizations would often engage in genocidal massacres of the losing side during warfare. However, as time went on, certain rules were developed to separate combatants from non-combatants. This perhaps reached its apex in some battles of the nineteenth century, and went downhill during WWII, before starting a comeback. Perhaps some lessons can be taken from this history of warfare where general populations are not targeted. During the economic warfare the super-elites are engaged in, they could similarly develop strategies so that their fi nancial fraud seeks to avert harm to general populations.

Mr. Lietaer gives the basic starting point for a solution when he states “[w]hile economic textbooks claim that people and corporations are competing for markets and resources, I claim that in reality they are competing for money - using markets and resources to do so. So designing new money systems really amounts to redesigning the target that orients much human effort” (emphasis added). While Lietaer advocates local currencies to make up for the defi ciencies in national currencies, many other solutions could also be possible.

The main aim of any successful solution would be to shelter local populations from the ethics destroying math of the current debt/compound interest money system. The super-elites could continue their battle for global dominance using the current fi nancial system at the international level, as they work to break down national sovereignty to the degree that war can be ended. By heeding Lietaer’s advice, they could do so without further damaging and destroying the ethics of general populations. Of course people would still battle for riches in an economy with an honest and stable money system. However, as Lietaer says, this dynamic would not be needlessly amplifi ed as it is by our current unstable, dishonest money system and its unpayable

the way we initially thought it would. So why sit back and continue a practice that we now know isn't doing the job we thought it was, when we could be putting that small yearly budget to big use in our community?

I invite you all to come out and fi ll the Seniors Cir-cle on Thursday September 22nd starting at 7 pm. Ask questions, get answers, hear information that you may not know about, from both sides. Alberta Health's repre-sentative and Dr. Beck are traveling to Whitecourt to give us this opportunity. Alongside our town councillors, we as a community need to come together and participate regardless of personal positions. You might change your mind or you might reinforce your current stance. Either way its worth it. - [email protected]

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AUGUST 2011 Community Advisor PAGE 27

AUGUST 21-27ARIES - Mar 21/Apr 20Travel is in your immediate future, Aries. You just won't be sure yet if it will be a long trip or a day just to get away from it all. Regardless, it'll involve family, too.TAURUS - Apr 21/May 21Start putting your money where your mouth is, Taurus. There's only so long a person can keep stringing along others. Sooner or later your time will be up.GEMINI - May 22/Jun 21Gemini, it's time to make up your mind about an important decision that's going to effect others. The next few weeks will be extra busy, so start preparing.CANCER - Jun 22/Jul 22Cancer, you are in a festive mood and you don't really know how you are going to celebrate. Others are willing to join the party if you let them participate.LEO - Jul 23/Aug 23You haven't been feeling like yourself lately, Leo. Others have noticed the change in your demeanor and have questioned it. Things will subside shortly.VIRGO - Aug 24/Sept 22Virgo, avoid making any big changes in the next few days. Your personal life is about to undergo a big change, and you will have a lot of choices to consider.

LIBRA - Sept 23/Oct 23It's alright to take other's advice once in a while, Libra. You don't always have to march to the beat of a different drummer. Think about this in the next few days.SCORPIO - Oct 24/Nov 22Scorpio, there's so much going on daily that it's easy for you to feel scatterbrained and make mistakes. It's defi nitely hard to focus when there is confusion. SAGITTARIUS - Nov 23/Dec 21Sagittarius, a relationship is strained and you are asked to mediate the situation. Don't get too excited about being a referee, though. It comes with much responsibility.CAPRICORN - Dec 22/Jan 20Capricorn, you need a break from things but don't know what the break will be just yet. Start jotting down ideas that will relax your mind and your body. AQUARIUS - Jan 21/Feb 18Aquarius, things are about to heat up and you may feel overwhelmed in the next few days. Don't let your temper get the better of you or it could lead to more stress.PISCES - Feb 19/Mar 20Pisces, bide your time because change is on the horizon. Events that unfold will not be what you expected.

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PAGE 28 Community Advisor AUGUST 2011

Historically, the Fed paid banks nothing on required reserves. This was like a tax equivalent to the interest rate banks could have earned if they had been allowed to lend such funds. But in 2006, the Fed requested permis-sion to pay interest on reserves because it believes that it would help control the money supply should infl ation reappear.

. . . Many economists believe that the Fed has unwit-tingly encouraged banks to sit on their cash and not lend it by paying interest on reserves.

At one time, banks collected deposits from their own customers and stored them for their own liquidity needs, using them to back loans and clear outgoing checks. But today banks typically borrow (or “buy”) liquidity, either from other banks, from the money market, or from the commercial paper market. The Fed’s payment of inter-est on reserves competes with all of these markets for ready-access short-term funds, creating a shortage of the liquidity that banks need to make loans.

By inhibiting interbank lending, the Fed appears to be creating a silent “liquidity squeeze” — the same sort of thing that brought on the banking crisis of September 2008. According to Jeff Hummel, associate professor of economics at San Jose State University, it could happen again. He warns that paying interest on reserves “may eventually rank with the Fed's doubling of reserve re-quirements in the 1930s and bringing on the recession of 1937 within the midst of the Great Depression.”

The Travesty of the $1.6 Trillion in“Excess Reserves”

The bank bailout and the Federal Reserve’s two “quantitative easing” programs were supposedly in-tended to keep credit fl owing to the local economy; but despite trillions of dollars thrown at Wall Street banks, these programs have succeeded only in producing moun-tains of “excess reserves” that are now sitting idle in Federal Reserve bank accounts. A stunning $1.6 trillion

in excess reserves have accumulated since the collapse of Lehman Brothers on September 15, 2008.

The justifi cation for TARP — the Trouble Asset Re-lief Program that subsidized the nation’s largest banks — was that it was necessary to unfreeze credit markets. The contention was that banks were refusing to lend to each other, cutting them off from the liquidity that was essential to the lending business. But an MIT study re-ported in September 2010 showed that immediately af-ter the Lehman collapse, the interbank lending markets were actually working. They froze, not when Lehman died, but when the Fed started paying interest on excess reserves in October 2008. According to the study, as summarized in The Daily Bail:

. . . [T]he NY Fed's own data show that interbank lending during the period from September to Novem-ber did not "freeze," collapse, melt down or anything else. In fact, every single day throughout this period, hundreds of billions were borrowed and paid back. The decline in daily interbank lending came only when the Fed ballooned its balance sheet and started paying inter-est on excess reserves.

On October 9, 2008, the Fed began paying interest, not just on required bank reserves (amounting to 10% of deposits for larger banks), but on “excess” reserves. Reserve balances immediately shot up, and they have been going up almost vertically ever since.

By March 2011, interbank loans outstanding were only one-third their level in May 2008, before the bank-ing crisis hit. And on June 29, 2011, the Fed reported excess reserves of nearly $1.57 trillion – 20 times what the banks needed to satisfy their reserve requirements.

Why Pay Interest on Reserves?Why the Fed decided to pay interest on reserves is

a complicated question, but it was evidently a desper-ate attempt to keep control of “monetary policy.” The Fed theoretically controls the money supply by control-

(Continued on page 29)

(Continued from page 6)

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AUGUST 2011 Community Advisor PAGE 29

(Continued from page 28)

(See Ellen Brown on page 30)

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ling the Fed funds rate. This hasn’t worked very well in practice, but neither has anything else, and the Fed is apparently determined to hang onto this last arrow in its regulatory quiver.

In an effort to salvage a comatose credit market after the Lehman collapse, the Fed set the target rate for Fed funds — the funds that banks borrow from each other — at an extremely low 0.25%. Paying interest on reserves at that rate was intended to ensure that the Fed funds rate did not fall below the target. The reasoning was that banks would not lend their reserves to other banks for less, since they could get a guaranteed 0.25% from the Fed. The medicine worked, but it had the adverse side effect of killing the Fed funds market, on which local lenders rely for their liquidity needs.

It has been argued that banks do not need to get funds from each other, since they are now awash in reserves; but these reserves are not equally distributed. The 25 largest U.S. banks account for over half of aggregate re-serves, with 21% of reserves held by just 3 banks; and the largest banks have cut back on small business lend-ing by over 50%. Large Wall Street banks have more lucrative things to do with the very cheap credit made available by the Fed that to lend it to businesses and con-sumers, which has become a risky and expensive busi-ness with the imposition of higher capital requirements and tighter regulations.

In any case, as noted in an earlier article, the excess reserves from the QE2 funds have accumulated in for-eign rather than domestic banks. John Mason, Professor of Finance at Penn State University and a former senior economist at the Federal Reserve, wrote in a June 27 blog that despite QE2:

Cash assets at the smaller [U.S.] banks remained rel-atively fl at . . . . Thus, the reserves the Fed was pumping into the banking system were not going into the smaller banks. . . . [B]usiness loans continue to “tank” at the smaller banking institutions.

Local Business Lending Depends on Ready Access to Liquidity

Without access to the interbank lending market, lo-cal banks are reluctant to extend business credit lines. The reason was explained by economist Ronald McKin-non in a Wall Street Journal article in May:

Banks with good retail lending opportunities typi-cally lend by opening credit lines to nonbank custom-ers. But these credit lines are open-ended in the sense that the commercial borrower can choose when—and by how much—he will actually draw on his credit line. This creates uncertainty for the bank in not knowing what its future cash positions will be. An illiquid bank could be in trouble if its customers simultaneously decided to draw down their credit lines.

If the retail bank has easy access to the wholesale in-terbank market, its liquidity is much improved. To cover unexpected liquidity shortfalls, it can borrow from banks with excess reserves with little or no credit checks. But if the prevailing interbank lending rate is close to zero (as it is now), then large banks with surplus reserves be-come loath to part with them for a derisory yield. And smaller banks, which collectively are the biggest lenders to SMEs [small and medium-sized enterprises], cannot easily bid for funds at an interest rate signifi cantly above the prevailing interbank rate without inadvertently sig-naling that they might be in trouble. Indeed, counterpar-ty risk in smaller banks remains substantial as almost 50 have failed so far this year.

The local banks could turn to the Fed’s discount window for loans, but that too could signal that the banks were in trouble; and for weak banks, the Fed’s discount window may be closed. Further, the discount rate is triple the Fed funds rate.

As Warren Mosler, author of The 7 Deadly Innocent Frauds of Economic Policy, points out, bank regulators have made matters worse by setting limits on the amount of “wholesale” funding small banks can do. That means they are limited in the amount of liquidity they can buy (e.g. in the form of CDs). A certain percentage of a bank’s deposits must be “retail” deposits – the deposits of their own customers. This forces small banks to com-pete in a tight market for depositors, driving up their cost of funds and making local lending unprofi table. Mos-ler maintains that the Fed could fi x this problem by (a) lending Fed funds as needed to all member banks at the Fed funds rate, and (b) dropping the requirement that a percentage of bank funding be retail deposits.

Finding Alternatives to a Failed Banking Model

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PAGE 30 Community Advisor AUGUST 2011

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(Ellen Brown from page 29)Paying interest on reserves was intended to prevent

“infl ation,” but it is having the opposite effect, contract-ing the money and credit that are the lifeblood of a func-tioning economy. The whole economic model is wrong. The fear of price infl ation has prevented governments from using their sovereign power to create money and credit to serve the needs of their national economies. In-stead, they must cater to the interests of a private bank-ing industry that profi ts from its monopoly power over those essential economic tools.

Whether by accident or design, federal policymak-ers still have not got it right. While we are waiting for them to fi gure it out, states can nurture and protect their own local economies with publicly-owned banks, on the model of the Bank of North Dakota (BND). Currently the nation’s only state-owned bank, the BND services the liquidity needs of local banks and keeps credit fl ow-ing in the state. Other benefi ts to the local economy are detailed in a Demos report by Jason Judd and Heather McGhee titled “Banking on America: How Main Street Partnership Banks Can Improve Local Economies.” They write:

Alone among states, North Dakota had the where-withal to keep credit moving to small businesses when they needed it most. BND’s business lending actually

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grew from 2007 to 2009 (the tightest months of the cred-it crisis) by 35 percent. . . . [L]oan amounts per capita for small banks in North Dakota are fully 175% higher than the U.S. average in the last fi ve years, and its banks have stronger loan-to-asset ratios than comparable states like Wyoming, South Dakota and Montana.

Fourteen states have now initiated bills to establish state-owned banks or to study their feasibility. Besides serving local lending needs, state-owned banks can pro-vide cash-strapped states with new revenues, obviating the need to raise taxes, slash services or sell off public assets.

Editor's Note: The ATB was meant to be like the BND described, but unfortunately this did not occur.

Ellen Brown is an attorney and president of the Pub-lic Banking Institute, http://PublicBankingInstitute.org. In Web of Debt, her latest of eleven books, she shows how the power to create money has been usurped from the people, and how we can get it back. Her websites are http://webofdebt.com and http://ellenbrown.com.

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AUGUST 2011 Community Advisor PAGE 31

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