Author Topic: Government Day-to-Day  (Read 4181 times)

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Offline JMT

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Re: Government Day-to-Day
« Reply #510 on: June 25, 2020, 10:13:03 pm »
We can have all the infrastructure, social programs and as big a military as we want, we will just print it and buy it because it doesn't matter.

No more complaints about buying pipelines please.

*if we limit inflation, and stay within the actual economic potential.

Offline JMT

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Re: Government Day-to-Day
« Reply #511 on: June 25, 2020, 10:13:32 pm »
Raising taxes is inflationary because it raises the cost of living.

No - not in the least. Taxing removes discretionary spending from the economy.

Offline JMT

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Re: Government Day-to-Day
« Reply #512 on: June 25, 2020, 10:15:00 pm »

Thats means printing more and more money. Jeez, why haven't we been doing this for decades cause deficits and debt don't matter. Debt to GDP doesn't matter. Nothing matters, just print more money and dump it into the economy. Wow, just Wow!

You don't print actual money - you convert interest bearing dollars to real dollars in the ether. This, of course, is completely a theoretical exercise. There's no reason we'd want to pay our debt off. Debt, deficits, and interest bearing dollars are healthy for the economy.

Offline wilber

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Re: Government Day-to-Day
« Reply #513 on: June 26, 2020, 12:00:37 am »
You don't print actual money - you convert interest bearing dollars to real dollars in the ether. This, of course, is completely a theoretical exercise. There's no reason we'd want to pay our debt off. Debt, deficits, and interest bearing dollars are healthy for the economy.

 :o
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Offline kimmy

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Re: Government Day-to-Day
« Reply #514 on: June 26, 2020, 02:20:12 am »
So a group of 19 prominent Canadian idiots wrote an open letter urging Trudeau to release Meng Wanzhou:
https://www.cbc.ca/news/politics/letter-release-meng-1.5625669

What a cosmically stupid idea that is. 

Thankfully Trudeau dismissed the idea.  While I don't think the PM is exactly the brightest guy, I'm very much relieved that he's smarter than the 19 prominent Canadian morons who wrote that letter. 

When I heard about the letter I thought it would be a bunch of clueless beatniks behind it.  But no, when you look at the list of names on the list, you see well known politicians, ambassadors, a Supreme Court justice, and so on. Louise Arbour, Allan Rock, Ed Broadbent, Lloyd Axworthy, and several others you'll probably recognize.

 -k
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Offline the_squid

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Re: Government Day-to-Day
« Reply #515 on: June 26, 2020, 11:08:41 am »
So a group of 19 prominent Canadian idiots wrote an open letter urging Trudeau to release Meng Wanzhou:
https://www.cbc.ca/news/politics/letter-release-meng-1.5625669

What a cosmically stupid idea that is. 

Thankfully Trudeau dismissed the idea.  While I don't think the PM is exactly the brightest guy, I'm very much relieved that he's smarter than the 19 prominent Canadian morons who wrote that letter. 

When I heard about the letter I thought it would be a bunch of clueless beatniks behind it.  But no, when you look at the list of names on the list, you see well known politicians, ambassadors, a Supreme Court justice, and so on. Louise Arbour, Allan Rock, Ed Broadbent, Lloyd Axworthy, and several others you'll probably recognize.

 -k

He certainly canít release her now.   Canada should have probably taken more care about doing the Americanís political bidding in the first place though.  That would have been the time to be cautious and make sure the ramifications of this were looked at first.
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Offline wilber

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Re: Government Day-to-Day
« Reply #516 on: June 26, 2020, 06:35:06 pm »
So a group of 19 prominent Canadian idiots wrote an open letter urging Trudeau to release Meng Wanzhou:
https://www.cbc.ca/news/politics/letter-release-meng-1.5625669

What a cosmically stupid idea that is. 

Thankfully Trudeau dismissed the idea.  While I don't think the PM is exactly the brightest guy, I'm very much relieved that he's smarter than the 19 prominent Canadian morons who wrote that letter. 

When I heard about the letter I thought it would be a bunch of clueless beatniks behind it.  But no, when you look at the list of names on the list, you see well known politicians, ambassadors, a Supreme Court justice, and so on. Louise Arbour, Allan Rock, Ed Broadbent, Lloyd Axworthy, and several others you'll probably recognize.

 -k

What is the provenance of this letter? We know who signed it but who wrote it, put this group together and why?
"Never trust a man without a single redeeming vice" WSC

Offline Gorgeous Graham

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Re: Government Day-to-Day
« Reply #517 on: June 29, 2020, 08:02:54 pm »
We should all be disturbed by this:

https://www.cbc.ca/news/canada/london/bill-horrace-war-crimes-london-ontario-canada-1.5624295

Canadian authorities knew an accused Liberian war criminal was alive, well and living freely in this country for at least a decade before he was gunned down during a violent home invasion in London, Ont.
...
On Tuesday, the London Police Service confirmed the Bill Horace killed in the Sunday morning home invasion was the same Bill Horace who served as a rebel commander under Charles Taylor a former African warlord and convicted war criminal.
...
The group Global Research and Justice Project (GRJP), based in Liberia, has wanted Horace tried for war crimes and crimes against humanity under international law, said Hassan Bility, the executive director GRJP.
...
Bility said unlike authorities in the United States, the United Kingdom, France, Finland, Switzerland and Belgium, who aggressively pursue the prosecution of international war criminals, Canada is a laggard that is rarely stirred into action, even when a monster accused of murdering unarmed civilians may be living in our midst.  "Canada is not very enthusiastic," he said. "The Canadian authorities they just don't get moved."
...
Bility said the allegations against Horace include the murders of dozens of unarmed civilians, including the massacre of 60 people at an abandoned Liberian palm plantation, the alleged execution-style killings of five people in the Liberian port of Buchanan City, the alleged murder of an American logging magnate named Rob Huff and an unspecified number of alleged killings while serving directly under Charles Taylor at his wartime headquarters in Bonga City.
...
Valerie Oosterveld, a law professor and expert on war crime law at Western University, said the reason for that has nothing to do with law or justice. Rather, it all comes down to money.  "These cases are relatively rare because of budgetary reasons, to be honest," she said.
...
War crimes trials are very expensive because investigators must be sent to the country where the crime occurred, Oosterveld said. "You have to send investigators from Canada, for example, and if we're talking about [the Horace] case to Liberia, to gather evidence and then identify witnesses who could testify," she said.
"The economy has been relatively strong but Trudeau has chosen to run deficits year after year & has said will continue to do so well into the future.  This means we'll be in a worse & more vulnerable financial position when a recession hits when we HAVE to run deficits again." - Me, Oct. 3, 2019

Offline the_squid

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Re: Government Day-to-Day
« Reply #518 on: June 29, 2020, 09:18:05 pm »
More disturbing is hand-picking a charity, close to the Trudeau family, to deal with $900Million in government grants.  Very unethical.

https://www.cbc.ca/amp/1.5631278
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Offline JMT

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Re: Government Day-to-Day
« Reply #519 on: July 23, 2020, 07:33:04 pm »
More disturbing is hand-picking a charity, close to the Trudeau family, to deal with $900Million in government grants.  Very unethical.

https://www.cbc.ca/amp/1.5631278


Boy, was I ever wrong about the way I felt about this when you posted it. I'll be disappointed if Morneau doesn't resign tomorrow, and if Trudeau isn't reigned in somehow.
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Offline JMT

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Re: Government Day-to-Day
« Reply #520 on: July 23, 2020, 07:38:51 pm »
On the other hand, S&P and Moody's demonstrated how far out of it Fitch was with their credit downgrade for Canada.

Offline wilber

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Re: Government Day-to-Day
« Reply #521 on: July 23, 2020, 08:12:49 pm »

Boy, was I ever wrong about the way I felt about this when you posted it. I'll be disappointed if Morneau doesn't resign tomorrow, and if Trudeau isn't reigned in somehow.

Don't know much about the Liberal talent pool for potential finance ministers but I have to think Freeland is more credible than Trudeau right now. At least she has been able to avoid controversy. Disregarding Blackface which was some time ago, the Aga Khan, India dressup, SNC and now WE have all come since JT has been PM. Are these guys slow learners, stupid or just so entitled they don't give a s**t? I really have to wonder.

Morneau may fall on his sword but I don't see JT going unless forced out by caucus.
« Last Edit: July 23, 2020, 08:18:28 pm by wilber »
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Offline JMT

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Re: Government Day-to-Day
« Reply #522 on: July 23, 2020, 10:09:33 pm »
Don't know much about the Liberal talent pool for potential finance ministers but I have to think Freeland is more credible than Trudeau right now. At least she has been able to avoid controversy. Disregarding Blackface which was some time ago, the Aga Khan, India dressup, SNC and now WE have all come since JT has been PM. Are these guys slow learners, stupid or just so entitled they don't give a s**t? I really have to wonder.

Morneau may fall on his sword but I don't see JT going unless forced out by caucus.

Talent pool -

Duclos has a PhD from the London School of Economics and was a professor of economics at Laurentian,

 Wilkinson is a Rhodes Scholar in economics (among other things) and has a masters economics (again, among other things),

 Bains is an FCPA and has extensive financial experience in the private sector,

and Joyce Murray is an MBA who graduated at the top of her class at SFU (Deans Convocation Medal) with much experience. There are other people with lower levels of experience. Probably the most talented cabinet weíve ever had in this and other areas tbh.

Offline kimmy

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Re: Government Day-to-Day
« Reply #523 on: July 24, 2020, 12:33:37 am »
To me it feels like Bill Morneau is being set up to take the bullet for Trudeau.

I listened to this program today:  https://www.cpac.ca/en/programs/in-committee-house-of-commons/episodes/90012427/

It only added to my impression that the WE organization is pretty questionable. From the real estate holdings to the accusations of exploitation of young volunteers to the transfer of money between different arms of the organization, to the structure of the organization, it all seems ... odd. Jesse Brown talked about all of that stuff at some length to the House committee.  Vivian Krause added some interesting bits (a long with some unsubstantiated speculation). Krause talked about WE's partnerships with large corporations, as well as their privacy policy which states that they can provide your data to 3rd parties.

The impression I get is that WE is basically a way to monetize "wokeness".


So Bill Morneau took a $100,000 vacation in 2017, during which he received $41,000 of freebies from WE which he didn't bother paying back until this week.  And he has a daughter who works for WE, and another daughter whose book was promoted by WE.   That's all pretty damaging, but is that the real end game?  $41,000 is pocket-change for the Morneau family, isn't it?  He could get his daughter a job with a few phone calls. It seems like none of this would be worth the trouble for a guy like Morneau.

Ditto the Trudeaus. It's not like any of them need the speaking fees that were paid to Margaret and Sasha. It's not like Sophie needs whatever perks her gig with WE provides.  Aren't these people all quite wealthy?  It seems odd to me that they'd stick their necks out for the comparatively modest speaking fees and travel perks WE provided.

All of this seems very unethical, but I'm baffled as to what the point is.  For WE the point is obvious: if you make powerful friends, you can get powerful favors.  But for Morneau and Justin, what's in it for them?  For Trudeau, I am thinking that what he got out of it wasn't so much perks for his wife or money for his mom and brother, but rather a big stage. These guys were willing to treat Trudeau like a big rock star, and gave him a platform to promote his ideas and himself.  Maybe that's how they got him hooked on their kool-aid.


 -k
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Offline waldo

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Re: Government Day-to-Day
« Reply #524 on: July 24, 2020, 01:17:00 am »
It only added to my impression that the WE organization is pretty questionable. From the real estate holdings to the accusations of exploitation of young volunteers to the transfer of money between different arms of the organization, to the structure of the organization, it all seems ... odd. Jesse Brown talked about all of that stuff at some length to the House committee.  Vivian Krause added some interesting bits (a long with some unsubstantiated speculation). Krause talked about WE's partnerships with large corporations, as well as their privacy policy which states that they can provide your data to 3rd parties.

"citizenAuditor" Krause is a total charlatan! ... see past "debate' on the other board showcasing her prior biglyBigTime failures during prior House testimony!


WE Charity Response to Finance Committee Hearing


Quote
- False Claim that WE is "part of the Liberal Party election machine" or shared its database with third-parties
- False Claim that the CSSG contribution agreement was made with WE Charity Foundation, "a real estate holding company"
- False Claim that WE Charity inappropriately owns real estate.
- False Claim that WE Charity was in a financial crisis prior to the CSSG
- False Claim: ME to WE Social Enterprise is inappropriate
- False Claim: Kielburger family real estate benefiting from WE Charity
.
.
*Kate Bahen, lead of Charity Intelligence, was referenced at multiple times during the testimony. She has made multiple inaccurate statements to media over the over the past two weeks. Please see HERE for an open letter correcting the public record.
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