May 8, 2013 at 14:37:13
“good for you.
The best form of rebellion, however would be to vote for Trudeau, so just go ahead and do it.”
turkeylurky on May 8, 2013 at 15:19:25
“I'm not rebelling - and why would I vote for a Party whose policies and principles I disagree with. The best approach is for Party members to voice their opinion to the Party and its fundraisers and withhold donation until cheap shot ads are no more.”
Mar 21, 2013 at 13:23:51
“if you voted for the Tories based on their ability to balance the budget, you should have voted Liberal. They ran 8 consecutive surpluses. No Conservative in Canadian history has ever balanced the budget”
Mar 20, 2013 at 13:20:49
“ha...no, I'm not from either. I've spent a lot of time in Calgary, and I use to run events there. I'm sure it's an ok place to live if you like suburban living. If you value what the world's great cities can bring to your life, Calgary is devoid of any redeeming qualities. It's a cultural sinkhole full of people comfortable working at jobs that produce actual value to the planet. but hey, you can buy a nice SUV and plasma TV I'm sure.
We do have great cities here. Montreal is one. vancouver is another. toronto is becoming one and other great smaller towns like Kelowna, Quebec City, Kingston, Kamloops. Calgary, Regina are fantastic displays of the worst Canada has to offer”
HarleyOpenRoad on Mar 20, 2013 at 14:26:59
“Dissing other Canadian cities is a most juvenile exercise. I'm sorry I got roped into this thread.
Jan 21, 2013 at 15:46:47
“what are you even talking about?”
m5edward on Jan 22, 2013 at 08:20:33
“Under Trudeau, the Bank of Canada changed their operations. Instead of the Bank of Canada printing money, private banks now technically "print" the money.
So the Bank of Canada sells say TD a $100 T-Bill for $100...then TD gets the money into circulation and sells it back to the BOC at interest. Its what that little girl in the viral video was talking about.”
lladyon on Jan 21, 2013 at 17:10:26
“good question ~ i was wondering the same thing....not unusual with this guy”
Nov 16, 2012 at 11:12:35
“we actually do have a lot to complain about....
billions of wasted dollars on fighter jets we don't need
an omnibus crime bill, designed in contrast to the actual crime data, that will cost us billions for no reason
pulling out of Kyoto making us the laughing stock of the world
losing our seat on the UN Security council...this is Canada
Fraudulent robocalls during the election
Hundreds of millions wasted during the G8 summit in Tony Clement's riding
Eliminating the long form census effectively deleting 50 years of data that actually would help most sane governments govern better
oh, and the biggest deficit in Canadian history
what has the Harper government done that's good aside from not eliminating the bank regulations that Chretien and Marting protected (against Harper who wanted to deregulate and follow a US banking model)?”
“debt isn't growth, but there are two sides of the equation...that money goes somewhere, and if put in the right places (infrastructure investments etc.) then that will increase demand, decrease unemployment and the market will begin to self correct.
People need to separate government from business. It's government debt (but who cares if the 'government' grows) that goes to the private sector where it can spark actual growth.
The reason Spain and Greece (and spain wasn't in debt before the bottom fell out) are in such trouble is austerity. How can you 'cut' your way to growth? Do businesses do that?”
SE rebel on Oct 16, 2012 at 14:01:08
“"...IF put in the right places..."
The problem is that nobody knows "the right places". Remember, we're talking about spending borrowed money, not an accumulated surplus. Infrastructure? If we build a bridge to nowhere, it provides temporary jobs, but it's a horrible "investment" and certainly won't generate enough economic activity to pay back debt plus interest. It's a net loss to society despite the temporary boost in employment and GDP.
Government debt must be paid back by taking money out of the private sector. Therefore, every deficit spending dollar has to generate MORE than $1 of tax revenue over the long term. e.g. Assume the average tax rate is 20% and government spends $1T on "stimulus". In order for that to have a positive effect on the economy, the $1T must generate over $5T in NEW economic activity ( i.e. activity whoch would NOT have occurred otherwise) over the long term. That's just not going to happen. Do you really think there are $1T in good investments out there that nobody in the private sector is smart enough to find and take advantage of?
If a business was failing and losing money, you cut your way to growth by cutting your losses. Throwing good money after bad when your business model is flawed doesn't lead to "growth", it just leads to more losses. In order to "grow" you need real capital formation. Before that can happen, you must first stop accumulating debt.”
“the problem Spain and Greece has is not that they are printing worthless money. As part of the EU they can't print money, and that lack of spending is what is causing the massive slump in demand and as a result. The fact is that is Obama hadn't pushed for more stimulus unemployment would be even higher in the US and then you'd start hearing the pots and pans.
What really got the US in this mess is two simultaneous wars that spent money like drunken sailors without any domestic increase in demand as a result of that spending.”
flnbobby on Oct 17, 2012 at 10:45:12
“I read an article this morning that states the money for the wars was borrowed so money that we had was not spent.everyone has an idea how to help the problem,but How can stimulus money that has to be repaid help unemployment? The low wage jobs that the stimulus created hasn't helped one bit.”
Cayce58 on Oct 16, 2012 at 14:11:37
“And not taxing the people that had the money, who used it to create a housing bubble.”
Sep 24, 2012 at 12:17:48
“People that compare Canada to Greece fundamentally don't understand what is going on in the eurozone or anything about macroeconomics.
Greece is in trouble because they are not able to radically adjust their interest rates or devalue their currency in order to increase demand (through increased exports) because they are tied to the Euro.
recall when Canada was less financially sound (although this is happening again under the current Conservative mismanagement of our debt position) our dollar was at $0.68 making our exports very attractive....increasing growth as a whole.
Greece has no tools to increase demand and start growth.
Aug 28, 2012 at 12:47:31
“it's funny...Canadian and Scandinavian countries are historically very liberal with large social safety nets and they are the only triple As.
what a weird notion that if you have a framework to prevent extreme poverty everyone benefits? What's next? free immunizations against small pox? or heaven forbid, investments in transit and social housing?”
Advocateforthedevil on Aug 29, 2012 at 11:44:03
“Using your logic I could also point out that these countries are also mainly made of Caucasian people. I guess white folk are just better at handling their money.
It might be worth pointing out however that these countries also have smaller populations, more resource wealth or neighbor one of the countries that does and seemingly less corrupt political systems where lobbying and cronyism can allow the government to be used to take out massive debts in the public's name. Examples would be Iceland, Greece etc.
Canada's debt rating in the nineties was under fire due to the over borrowing and poor management by successive governments. Seeing as how our safety net was no less pervasive one can only assume that the net by itself does not guarantee a good debt rating. Looking at France for instance, or any of the piigs we can surmise that what actually causes the debt rating problems IS the large net combined with a populace unwilling or unable to be taxed more to pay for it.
Canadians apparently are perceived as likely to be good little taxpayers no matter what ungodly amount we are being taxed so we get a good rating.”
joekiggy on Aug 29, 2012 at 10:16:40
realpragmatist on Aug 29, 2012 at 08:50:55
“"it's funny...Canadian and Scandinavian countries are historically very liberal with large social safety nets and they are the only triple As.".
Very good point. DId not notice this until you pointed out. Your other points (through sarcasm) are also excellent and well made.
I really don't know the answer to your question and would like to know! Thanks for your comment.”
May 20, 2013 at 20:33:30
“Jobs in high political office need to pay better. Few qualified from the private sector would ever go for jobs like this considering the scrutiny and ridicule you're likely to realize.
In Singapore, the Prime Minister's annual salary is $3 million a year. Imagine the quality of people to run against Harper and Ford if that was the treasure?
Considering how much money is wasted by incompetent governments, $3m salary for the right mayor/Premier/PM seems like a solid investment”
Punned It on May 21, 2013 at 11:05:44
“I'm not sure that more money would help - we'd get folks interested in the money as well as the power. The scrutiny is indeed difficult, but it is a position of trust, and our leaders should set an example. That's why transparency is so important and why conflict of interest and privacy laws are in place.
Private and Public sector organizations are different in many ways, and private industry experience does not always hold up well in public office.
For example, Amazon only cares about me if I have internet access, a credit card and a shipping address. My government has to care about me if I'm homeless.
If my credit card info went public there are systems in place to protect me. If my health information went public, particularly if it were something like a mental health diagnosis or HIV status, it's a totally different story.
The relationship between a government and its citizens is not the same as the one between a business and its customers. It's closer to a business and its shareholders.
As a shareholder, I'm appalled, and at the next AGM, I'm going to vote against our current CEO - if he isn't fired first.”
Jan 2, 2013 at 16:05:14
“I actually do live in Toronto, and in one of those small houses you mention with my family. It's a young family and I have no intention of ever moving to the burbs.
I agree with you that historically businesses have moving to the burbs, but that too is changing as those that have moved downtown simply do not want to commute. As Jane Jacobs correctly said an ideal city would have mixed use developments at a human scale. In certain areas we are missing the mark there with overly large condo developments with little regard for the street level.
I work for such a company that has moved from the burbs back downtown, and many are following in order to recruit the young people that live here. Toronto needs to be both residential and commercial and proper city planning will get us there. The current state, especially under the vision-less Ford isn't adequate.
here is some info on the commercial exodus out of the burbs.
Jan 2, 2013 at 11:46:40
Canada British Columbia
“This summarizes my fears when I became a parent.
I look at my parent's sacrifices so that I could have a great education . Now I feel indebted to them to maximize the opportunities they've afforded me.
I look at some friends who spent the first 30+ years of their life getting multiple degrees, travelling and gaining the skills that would enable them to drive positive change.Then many of them had kids and are stay at home parents or at best have really isolated themselves. As much as parenting is a valuable contribution to the world, focusing on just one person when you have the ability to do much more at a larger scale seems counter intuitive to me. Those of us blessed with opportunity have an obligation to do as much as possible with it. Is the goal then for your child to live until they're 30-35 and then give it all up again for the sake of one more over privileged child. Now with a child my challenge isn't ambition, it's logistics; it's difficult to find time to do it all and still be an active parent. My child will have to learn to be around and cared for by others and to travel so that I can live the life I've been lucky enough to have. The best piece of advice I was given was 'happy parent, happy child'. I think there's more value showing a child what hard work looks like in action”
whalepeace on Jan 2, 2013 at 15:50:15
“Women tend to disappear into motherhood. I have known women with degrees in medicine and law and women with Ph.D.s drop their careers entirely after having children. All that education and the good that it could do is lost to the world while some toddlers have highly-educated moms toilet-training them.
The parents who live their lives around their children end up producing bored, entitled, narcissistic children.
A lot of what goes on is guilt parenting. Adults have abdicated their responsibility to pass a safe sane world onto the children and know that they are not giving their children what is really important: clean air and water, a sustainable future, a non-toxic planet, a sane safe peaceful culture. Since they refuse to do the work to give children the important things in life, instead they lavish tons of trivial consumer goods on children, buying them every gadget to further isolate them from the real world.
A bigger influence on the kids that getting to see mom do her hobbies will be the media and culture that depicts Kim Kardashian as an ideal, that entertains them with guns, violence and gore, and that wastes the resources of their land on the military. Only the most awake and conscious parents can raise intelligent thoughtful people instead of more mindless consumers and warriors.”