How to Pay of Canada's Debt

tehp8rkpv

Banned
Mar 28, 2017
134
0
0
paying off Canada's debt is simple
simply eliminate any interest on borrowed money by all levels of government
Easy Peasy
 

rlock

Well-known member
May 20, 2015
2,281
1,360
113
Neither Kim nor Ujjal were elected, they gained their positions through winning leadership races, that is a huge distinction.

And also both Kim Campbell and Ujjal Dosanjh were basically sacrificial lambs left behind to be wiped out, for the sins of the previous leaders (Mulroney, Glen Clark).

Nobody likes to point out that issue, but it's lurking there anyway: first female PM, first minority premier - it's nice, but would this milestone have happened if they were contending for real power, instead of lame duck governments trying gimmicks as a last-ditch effort to stave off their own doom?

That kind of situation doesn't really show their personal capabilities. Actually, they got too much blame for the electoral wipeouts that followed - it wasn't their fault the public wanted revenge on their predecessors, who resigned and skulked off as soon as they knew their parties were going to lose.

So basically, the real test / milestone is winning an election.
 
Last edited:

CanineCowboy

Active member
Feb 5, 2010
618
189
43
I would hardly call Surrey a Ghetto the IndoCanadians have chosen to live here just as Asians have Chosen Richmond and Vancouver although their presence is also growing in Surrey. Koreans especially like to have their own communities as well, it seems people like to stick with their own. The majority population here now does not have English as their first language and this will continue. People like to vote for the Candidate that seems to represent their views and as the demographic changes so will those view points. Name one Country on the Planet that is as inclusive as Canada is and gives people the same opportunity to better themselves. Recently saw an arctical in how minoritities have lower wages, that's not hard to understand it's because they are willing to take lower paying jobs. Opportunities are there to upgrade to higher paying jobs but the time has to be put in to do that. Don't understand why you like to throw out the race card that's the first thing SJW's always seem to do when someone doesn't agree with them!
Sweden is ranked as having greater immigration success than Canada.

I believe you actually brought up immigrants in this thread, not me, and started making all kinds of erroneous statements. I only wear the 'sjw' label because it seems to be a label that the right uses to sneer at progressive thinking, it is the new 'politically correct'

Race doesn't exist, but racism does and can't be ignored, trying to pretent it doesn't exist is pure self interested ignorance.

Maybe look up the word 'ghettoisation' so you know its meanings - then you can understand my usage - it does not simply mean 'a physical ghetto or slum'.
 

Amerix

Active member
May 7, 2004
171
53
28
There has been exactly one government in Canada in the last 75 years that paid down any fraction of the debt.

In 1994 the federal government came within minutes of a debt default. Their bond issuance had 0 takers until the last minute. Within weeks Canada suffered two ratings downgrades. We were on track to be Greece (before Greece did).

PET and Mulroney's governments had racked up hundreds of billions of dollars in debt. Interest charges were consuming 36% of all federal dollars spent.

Jean Chretien and Paul Martin froze all government spending growth. For 6 years they allowed the economy to grow while government shrank in proportion.

You want to shrink the debt, get Trudeau out of office and vote in someone who doesn't think it's OK to spend 30 billion dollars of your grandchildren's money every year. Christ, the baby boomers are only starting to retire. You think this is bad, wait until they're 80 and sucking up 100K a year in health care on top of their OAS and GIS payments.
 

westwoody

Well-known member
Jun 10, 2004
7,730
7,354
113
Westwood
PET and Mulroney's governments had racked up hundreds of billions of dollars in debt. Interest charges were consuming 36% of all federal dollars spent.
Mulroney never gets blamed by all the Tory faithful. And he was the worst ever, pawning off Crown assets to his pals under the guise of "privatisation".
Now his spawn is trying to make a career in Ontario politics. Why aren't all the Justin haters whining about her?

Jean Chretien and Paul Martin froze all government spending growth. For 6 years they allowed the economy to grow while government shrank in proportion.
Yeah, they made some harsh choices and knew it would cost them.
Problem is, EVERYONE in Canada is sucking on the government teat.
Every single person. White, native, black, male, female, rich or poor.
The biggest and richest companies get tax breaks. The richest people hide money in havens, or use dodgy loopholes.
Everybody wants the government to stop giving money away. But they don't want to give up anything in exchange.
 

storm rider

Banned
Dec 6, 2008
2,540
7
0
Calgary
Sweden is ranked as having greater immigration success than Canada.

I believe you actually brought up immigrants in this thread, not me, and started making all kinds of erroneous statements. I only wear the 'sjw' label because it seems to be a label that the right uses to sneer at progressive thinking, it is the new 'politically correct'

Race doesn't exist, but racism does and can't be ignored, trying to pretent it doesn't exist is pure self interested ignorance.

Maybe look up the word 'ghettoisation' so you know its meanings - then you can understand my usage - it does not simply mean 'a physical ghetto or slum'.
Oh yeah Sweden is a great example of successfull immigration policies.Inside of Sweden's major cities there a a plethora of NO GO ZONES.These enclaves are safe only for Police/Fire/EMS.Caucasian Swedes do not go into these communities because it will result in at the very least assault for men and in worst case death and for women rape at the least and rape and death for the worst.

If that is successfull immigration I sure as fuck hope Canada does not become as "inclusive" as Sweden.

SR
 

Mrmotorscooter

Well-known member
Dec 19, 2017
1,606
2,459
113
Sweden is ranked as having greater immigration success than Canada.

I believe you actually brought up immigrants in this thread, not me, and started making all kinds of erroneous statements. I only wear the 'sjw' label because it seems to be a label that the right uses to sneer at progressive thinking, it is the new 'politically correct'

Race doesn't exist, but racism does and can't be ignored, trying to pretent it doesn't exist is pure self interested ignorance.

Maybe look up the word 'ghettoisation' so you know its meanings - then you can understand my usage - it does not simply mean 'a physical ghetto or slum'.
I commented on immigration in this thread, like we need anymore immigrants who would never be loyal to Canada, some of those immigrants are responsible for the mess we are in now. They accepted anyone who showed up with $800,000, how many criminal organizations set up shop here with that program. Fentanyl drugs are flowing here from China, the profits are laundered thru the Casino's, real estate is scooped up at the detriment to local society and somehow taxes are not collected. If they really went after the big time tax dodgers likely many friends of government would be hanging on the hook.
Sweden is a piss poor example, they have a total feminist govt and the laws will punish pooners for their choices. It's a welfare state who's debt load will continue to increase especially with all the Islamic migrants they have there now. In the long run you are still much better off in Canada. You just can't throw the door open to immigration proper screening must be done and that's just not happening, there's another million on the way in just the next 3 years. Think the debt is bad now just wait, we can't even sell our oil off shore to bring some good revenue into the country.
I really don't see how you think minorities should be incharge of running the country, they would just throw the doors wide open. Hopefully Canadians are smarter than that and try to vote for responsible government, seems harder and harder to do and the debt just keeps climbing.
If your going to wear the SJW label I feel sorry for you as you must be one hurtin Dude!
 

CanineCowboy

Active member
Feb 5, 2010
618
189
43
Oh yeah Sweden is a great example of successfull immigration policies.Inside of Sweden's major cities there a a plethora of NO GO ZONES.These enclaves are safe only for Police/Fire/EMS.Caucasian Swedes do not go into these communities because it will result in at the very least assault for men and in worst case death and for women rape at the least and rape and death for the worst.

If that is successfull immigration I sure as fuck hope Canada does not become as "inclusive" as Sweden.

SR
Sorry SR, but that is fake news, it has been so debunked it is laughable. Check out Trump's appointed American ambassador to the Hague having to eat his words for making a similar false statement about the Netherlands.

You realize by reposting fake news not only do you destroy your credibility, you confirm you are unable to discern fact from fiction.
 

CanineCowboy

Active member
Feb 5, 2010
618
189
43
I commented on immigration in this thread, like we need anymore immigrants who would never be loyal to Canada, some of those immigrants are responsible for the mess we are in now. They accepted anyone who showed up with $800,000, how many criminal organizations set up shop here with that program. Fentanyl drugs are flowing here from China, the profits are laundered thru the Casino's, real estate is scooped up at the detriment to local society and somehow taxes are not collected. If they really went after the big time tax dodgers likely many friends of government would be hanging on the hook.
Sweden is a piss poor example, they have a total feminist govt and the laws will punish pooners for their choices. It's a welfare state who's debt load will continue to increase especially with all the Islamic migrants they have there now. In the long run you are still much better off in Canada. You just can't throw the door open to immigration proper screening must be done and that's just not happening, there's another million on the way in just the next 3 years. Think the debt is bad now just wait, we can't even sell our oil off shore to bring some good revenue into the country.
I really don't see how you think minorities should be incharge of running the country, they would just throw the doors wide open. Hopefully Canadians are smarter than that and try to vote for responsible government, seems harder and harder to do and the debt just keeps climbing.
If your going to wear the SJW label I feel sorry for you as you must be one hurtin Dude!
Once again you reaffirm your belief that minorities, somehow, aren't Canadians - my whole point.

Shame on you for being an ignorant bigot!
 

sybian

Well-known member
Dec 23, 2014
3,649
998
113
Kamloops B.C.
Once again you reaffirm your belief that minorities, somehow, aren't Canadians - my whole point.

Shame on you for being an ignorant bigot!
Mrmotorscooter only has just over one hundred posts, and is considered a new member.....you on the other hand have over three hundred, and are considered a senior member.
Calling someone an ignorant Bigot in your position is against the rules.....which has been pointed out to me many times over the last while.
He just like you, is entitled to his opinion.
 

g eazy

pretentious douche
Feb 15, 2018
872
706
93
I commented on immigration in this thread, like we need anymore immigrants who would never be loyal to Canada, some of those immigrants are responsible for the mess we are in now. They accepted anyone who showed up with $800,000, how many criminal organizations set up shop here with that program. Fentanyl drugs are flowing here from China, the profits are laundered thru the Casino's, real estate is scooped up at the detriment to local society and somehow taxes are not collected. If they really went after the big time tax dodgers likely many friends of government would be hanging on the hook.
Sweden is a piss poor example, they have a total feminist govt and the laws will punish pooners for their choices. It's a welfare state who's debt load will continue to increase especially with all the Islamic migrants they have there now. In the long run you are still much better off in Canada. You just can't throw the door open to immigration proper screening must be done and that's just not happening, there's another million on the way in just the next 3 years. Think the debt is bad now just wait, we can't even sell our oil off shore to bring some good revenue into the country.
I really don't see how you think minorities should be incharge of running the country, they would just throw the doors wide open. Hopefully Canadians are smarter than that and try to vote for responsible government, seems harder and harder to do and the debt just keeps climbing.
If your going to wear the SJW label I feel sorry for you as you must be one hurtin Dude!
This, my friends, is how Trump got elected.
 

80watts

Well-known member
May 20, 2004
3,430
1,312
113
Victoria
Back to the topic of taxes.
On the BBC app, I was reading that the UK government is going to tax the sugar content of drinks. I think this probably started as a way to limited the amount of sugar in drinks. The high content of sugar in drinks contributes to overweight issues and eventual health issues later in life. There are a couple of documentaries on Netflix relating to the sugar issue. One basicly calls sugar a toxic substance.

This should be a good income for the governments and limited obesity in Canada....

Another related tax, sweeteners too should be taxed. Aspartame (I think that is how it is spelled) was okayed in the 1990s in the US; but there had been no long term studies on it. It is used to sweeten diet soft drinks like diet coke etc.
 

Mrmotorscooter

Well-known member
Dec 19, 2017
1,606
2,459
113
This, my friends, is how Trump got elected.
That is a valid point, people have seen the radical left for what it is and wound up voting for that clown. I've seen the SJW's in action wearing masks and bandanas, I used to think just the crazy bible thumpers were acting like programmed bots in action. Boy was I dissapointed the SJ crowd is even more gullible and get out there shrieking fanatically in unison totally drowning out any opposing voice that would hurt their feelings. This country is about free speech, freedom of religion and the freedom to express yourself. The SJW's don't believe in any of that, they don't have any common sense they just feel like victims, theirs is the only opinion that counts. When it comes right down to it most of them can't even keep their room clean and make their own bed but they are out there screaming in the streets, what a pathetic bunch of losers!
 

westwoody

Well-known member
Jun 10, 2004
7,730
7,354
113
Westwood
Sorry SR, but that is fake news, it has been so debunked it is laughable. Check out Trump's appointed American ambassador to the Hague having to eat his words for making a similar false statement about the Netherlands.

You realize by reposting fake news not only do you destroy your credibility, you confirm you are unable to discern fact from fiction.
It's called "truthiness". Make stuff up that fits the agenda. Trump's demographic don't fact check or research primary souces.

Trump keeps repeating lies after they are exposed and his fans never question him. He told a few big ones about trade balances with Canada.
 

westwoody

Well-known member
Jun 10, 2004
7,730
7,354
113
Westwood
Another related tax, sweeteners too should be taxed
Sweeteners don't have the same healthcare costs as sugars.
Tax sugary drinks, but not sugar free ones.
If diet pop was cheaper than regular sugary pop it might reduce sugar consumption.
 

g eazy

pretentious douche
Feb 15, 2018
872
706
93
That is a valid point, people have seen the radical left for what it is and wound up voting for that clown. I've seen the SJW's in action wearing masks and bandanas, I used to think just the crazy bible thumpers were acting like programmed bots in action. Boy was I dissapointed the SJ crowd is even more gullible and get out there shrieking fanatically in unison totally drowning out any opposing voice that would hurt their feelings.
As left-center, I do agree with this. There's almost just as much far-left bias in the media that doesn't get as exposed as the far right just due to the sheer volume in their representation. Having said that, I think the values of the left are better for society in general than that of the right. So in regards to electing from a two party system, it's a bit like picking the lesser of two evils.
 

Mrmotorscooter

Well-known member
Dec 19, 2017
1,606
2,459
113
As left-center, I do agree with this. There's almost just as much far-left bias in the media that doesn't get as exposed as the far right just due to the sheer volume in their representation. Having said that, I think the values of the left are better for society in general than that of the right. So in regards to electing from a two party system, it's a bit like picking the lesser of two evils.
It’s the times and this has become a global issue, somehow it seems Canada is in lockstep with the EU where those countries have all surrendered their independence. They must adhere to the doctrine coming out of Brussels much to their regional detriment. I have always thought that Canada was mostly a centrist country where people would try to take the best from the right and the left, that would make the most sense to me. The polarization in Canada used to be English vs French and Quebec would threaten to leave and we would pony up funds bla bla bla. It doesn’t seem like that is the issue anymore, we are sliding toward the American version which is Left vs Right, I had no idea they were that divided until the last 10 years or so. That is coming here to this country and a lot of it is coming from leftists in our education system.
I thought Americans should be wearing tin hats when they would spew comments like “communists and marxists are trying to take over”. I never thought Trump even had a chance at getting elected and was quite dismayed when he was.
What has happened since then is his election has exposed the lunatic left, they have come swarming out of the woodwork and it hasn’t been pretty. It’s been downright dissapointing, there is no common sense, no common ground just the most radical tear it all down rhetoric. I’m sad this is now happening in Canada as I mostly supported the liberal values, I agreed with Pierre Trudeau and his viewpoint that we seek a just society. I’ve never been anti-immigrant, anyone should have the opportunity to come here and better themselves. What pisses me off is when offshore money is parked here and we get exploited for our lax regulations, the local population has now basically been chicken cooped and are paying the bill. This is on the Conservatives as well as they love the smell of money. I stand by the immigration book we had a few decades ago (don’t know how much it’s changed) then you had to swear allegiance to the crown. A new Canadian should swear allegiance to Canada and work to better himself and contribute to the wellbeing of the country. If they can’t do that then they should get lost as far as I’m concerned.
In the grand scheme of things the ultra wealthy puppet masters are calling the shots globally, Canada usually draws the short straw. In the end we are all just the riff raff along for the ride but I would rather do that here than anywhere else, these are strange times!
 

licks2nite

Well-known member
Nov 30, 2006
1,274
263
83
A bit of history of debt might be interesting. Up until 1974 the "Bank of Canada Act" allowed all levels of government in Canada to have cash when needed. In Canada, debt was interest free to federal, provincial, territorial and municipal governments. Money in Canada was valued against gold. Simultaneously in 1974, in the United States Richard Nixon, president at the time, "closed the gold window". Too many overseas holders of U.S. debt were cashing in their U.S. holdings for gold and draining Fort Knox. The secretive "Bank of International Settlements", BIS based in Switzerland, in conjunction with the "Financial Stabilization Fund" and the "International Monetary Fund", the IMF based in Washington D.C. became the money lender to Western and Third World nations. Instead of gold, everybody's money suddenly became valued against the United States dollar, the "reserve currency" and had to pay interest. Anybody buying or selling "West Texas" or "Brent" oil, that included just about all oil in the Western World had to trade in U.S. dollars. I suppose to keep a veneer of sovereignty on the situation, each nation was allowed to set its own interest rate but the interest rate had to be applied across the board. Prime borrowers got the same rate as prime borrowing governments. Each subject to rating agencies such a "Moody's".

Toronto based "Committee for Monetary and Economic Reform", COMER in 2015 was suing the Canadian federal government to return the supremacy of the "Bank of Canada Act" that would allow governments in Canada to borrow interest free again as was the case before 1974. However, I couldn't find anything dated more recently than that. Some have suggested that, for the individual, having government with such financial power would be as draconian as the BIS, FAF and IMF. And that somehow the interest free money created should be given directly to individuals. I presume that that is the "Guaranteed Annual Income" that is subtly mentioned by news commentators from time-to-time.
 

80watts

Well-known member
May 20, 2004
3,430
1,312
113
Victoria
The new sweetners are long chained chemicals.

In a can of coke there is between 4 and 6 tablespoons of sugar. Sugar is simple. The body can burn the sugar to get energy for the bodies cells. Sugar in larger quanties is toxic to the human body. Energy not burned gets stored as fat.

The new sweeteners just a little bit is about 1000 times as sweet as sugar. The body ingests the chemical of the new sweeteners and doesn't break those chemicals down as much as it can burn sugar. It takes months for Aspartame to leave the body. As I said no long term studies have been done on these sweeteners, because there have been no noticeable short term effects. Doesn't mean there isn't any.
 
Vancouver Escorts