Former Canadian Minister Denounces Financial System & UFO Coverup

Paul Hellyer-c1969

Born in 1923, Paul T. Hellyer (picture circa 1969) was a Member of the Canadian Parliament (MP) from 1949 to 1974. In 1963, he was appointed Minister of Defense in the cabinet of Liberal Prime Minister Lester B. Pearson. In 1968, he ran and came third in the Liberal leadership election won by Pierre E. Trudeau, who subsequently appointed him Senior Minister and Transport Minister.

“The world financial system is a total fraud. It is one gargantuan Ponzi scheme…”, bluntly declared former Canadian Minister of Defense Paul Hellyer in an amazing address he delivered to the International UFO Congress, in Scottsdale (Arizona), in February 2011.

In 2005, Hellyer had made headlines by becoming the first person of cabinet rank in the G8 group of countries to state unequivocally his belief in the existence of UFOs, declaring that “UFO’s are as real as the airplanes flying overhead.”

In his 2011 address,  Hellyer went further and denounced the world financial system, the “banksters”, the economics profession, the lack of action on global warming, as well as the UFO coverup.

Titled Global Fraud: Global Hope, this is a remarkable address, especially coming from a former high-ranking government official. Hellyer describes in detail how money is created, insisting that “A world system where all the money is created as debt is a perpetual disaster in the making.”

About he UFO coverup, Hellyer states that “It is a fraud for the U.S. government to pretend that it is not interested in UFOs. In fact, it has been a matter of high and probably pre-eminent interest for decades.”

Hellyer generally paints a grim picture of the current state of world affairs, but he remains hopeful, hence the addition of “Global Hope” in the title of his address: “If you get the impression that the world is going to hell in a hand basket you have heard me correctly. But it doesn’t need to be so”, Hellyer insisted.

Money Mafia

In this book, Paul Hellyer analyzes what he believes has gone wrong with the world and its economy and suggests radical measures to introduce a universal culture of peace and cooperation.

“There are remedies, but they involve massive change…”, Hellyer warned, adding that “None of this vision of a just and peaceful world will be possible unless the all-pervasive power of the international banks has been broken.”

I strongly encourage you to read and distribute Hellyer’s complete address, a PDF transcript of which you can download on The Disclosure Project website – simply click on this link. I also invite you to visit Paul Hellyer’s website (click here) or to read his recent book, The Money Mafia – A World in Crisis.

You can watch below a video of Mr Hellyer’s testimony given during the Citizen Hearing on Disclosure, which took place in Washington, DC, from April 29 to May 3, 2013. At this event, Mr Hellyer was one of several researchers, activists, and military/agency/political witnesses representing ten countries who gave testimony to six former members of the United States Congress about events and evidence indicating an extraterrestrial presence engaging the human race.

CHD_VOD_EVENINGThe Citizen Hearing on Disclosure was an unprecedented event in terms of size, scope and the involvement of former members of the U. S. Congress. With over 30 hours of testimony from 40 witnesses over five days, the event was the most concentrated body of evidence regarding the extraterrestrial subject ever presented to the press and the general public at one time.

(Click here to visit the Citizen Hearing on Disclosure website.)

Before you watch the video, here are a few key excerpts from Mr Hellyer’s testimony:

“I think that tax-paying citizens are quite capable of accepting the new and broader reality that we live in a cosmos teeming with life of various sorts.”

“We have an infinitely silly banking and financial system in the Western World.” (Much applause followed this particular statement.)

“Who are these vested interests [that control our destiny], and what are they up to?”

“The cabal comprises members of the three sisters: the Council on Foreign Relations (CFR), the Bilderbergers and the Trilateral Commission, the international banking cartel, the oil cartel, members of various intelligence organizations, and select members of the military (…), who together have become a shadow government of not only the United States, but of much of the Western World.”


 Note: Post originally published on July 8, 2013, updated April 7, 2015.

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