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The Dollar is over 80 cents US! (pg. 6)
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| Nemireck |
| quote: | Originally posted by DigiNut
Are you actually serious?
Wanna take a wild guess just how much the interest on the debt is costing taxpayers? If we eliminated that debt, we could easily have a third of our taxes disappear.
The worst part is, almost all of the debt is owned BY CANADIANS, so there's no to blame here but 30 years of Canadian spendthrift government policies (I'd blame the Liberals, but it's really the NDP's fault more than anyone's). |
yeah, blame the NDPs!!! Cuz... you know... all the times they've been in control of the country they've run up that debt! Like... all... wait... you mean they've never won a federal election? My bad. |
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| Jayx1 |
NDP drove up record deficits that we are still paying for in Ontario. Also the NDP may not be in power but they are still a party that has influence over public policy.
The Liberals and the former Mulroney conservatives are definately the villains for our reckless debt. Trudeau was the number villain here though. |
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| Nemireck |
| quote: | Originally posted by Jayx1
NDP drove up record deficits that we are still paying for in Ontario. Also the NDP may not be in power but they are still a party that has influence over public policy.
The Liberals and the former Mulroney conservatives are definately the villains for our reckless debt. Trudeau was the number villain here though. |
Agreed :) blaming it on the NDPs is silly. Although I have no doubt they WOULD bankrupt our country if given the chance. I do however, like many of their policies and ideas. |
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| DigiNut |
| quote: | Originally posted by St_Andrew
No it because they have tax cuts at the same time as they increase government spending (national security) and start a war. |
Yeah right, I like how you put "national security" in the parentheses when it's really garbage like Medicare that's busting the budget. Oh I don't deny it, Bush certainly hasn't done a good job balancing the books, but national security was actually important spending (and not all that much more than usual either); Medicare and corporate subsidies were not.
| quote: | a fair share of US's debt is foreign, most of it asian.
US has forgiven debt for every country worth mentioning? huh? source.
US has a large trade deficit too, which is paid by foreign nations. |
Can you honestly not see how these three points fit together perfectly? The USA kept forgiving other nations' debt, in full, not just the interest but the principal too. Technically, yes, they have debt, but only to the same countries that technology owe the U.S. billions. That doesn't even matter though - there's nothing wrong with debt, if you've ever had a credit card you should know that - borrowing money is beneficial under some circumstances, just so long as you don't get buried by the interest payments (as Canada is).
And how can you even talk about the USA's debt with a straight face? If anyone is going bankrupt it's Canada and most of Europe. Social programs take institutions that could be profitable and turn them into economic black holes, thus, they go bankrupt, and the country goes with them.
First, you name the countries which you *think* the USA owes its financial well-being to, and then I'll find specific sources to deal with the issue. I'm not going to skulk around looking things up just to counter your sweeping generalities.
| quote: | | Well per capita there is a lot of other countries that pay a lot more to the UN than the US does. |
And the "per capita" statistic is relevant how exactly?
| quote: | Originally posted by Nemireck
Correction, the USA hasn't paid it's UN fee in well over a decade. |
I googled this and I couldn't find anything to confirm what you just posted. I've also read entire books on the U.N., a couple of which were distinctly anti-American, and don't remember reading anything to that effect. Mind you, in my honest opinion, the USA shouldn't be paying any U.N. fees, they should simply withdraw from the U.N. altogether, but I don't think that's the case anyway. Is it possible that this "fact" was a fabrication or at least a variation on the truth? (I'm not accusing you - but there is a lot of disinformation and outright fabrication out there right now and I have to wonder if your source was reliable).
You're right about the NDP though - I was thinking more of Ontario's deficit and their influence on the federal government, but it's really Trudeau's legacy that destroyed most of this country's economy and put us into massive debt. |
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| Nemireck |
| I was taught that "fact" by my Civics teacher in grade 10. So I guess it could have been fabricated. Shoulda known that not everything you learn in school is true... tsk tsk on me. |
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| ShadoWolf |
The Canadian dollar was worth more than the American dollar before Trudeau came along.
He really was the worst Canadian PM ever. |
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| Nemireck |
| Trudeau was not the WORST Prime Minister ever. It's a matter of opinion. But if you'd please indulge me, where can I read some "professional" information on why you guys might think he is? |
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| DigiNut |
| quote: | Originally posted by Nemireck
Trudeau was not the WORST Prime Minister ever. It's a matter of opinion. But if you'd please indulge me, where can I read some "professional" information on why you guys might think he is? |
http://www.canoe.ca/CNEWSTrudeauNew...ackson-sun.html
Trudeau was a visionary. Many people will tell you that, even his supporters. But just look that word up in the dictionary and see what it really means.
I suppose it would be hard to gauge if there have been any PMs worse than Trudeau since Trudeau's reign ended, since the country never recovered from the damage he did. Personally though, I feel confident in saying that no PM has done as much damage as he did. Wasn't Trudeau also responsible for that rag, the Charter of Rights and Freedoms? I know it came long after Trudeau but somehow I connect the two in my head... :conf: |
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| Nemireck |
| It came long after Trudeau? No... he like... wrote it or something, and was there when the Queen signed it to make it official. Actually the right idea, but the way people worship it and the way it was left so open to interpretation is retarded... it should be fixed. |
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| ShadoWolf |
| quote: | Originally posted by Nemireck
it should be fixed. |
You scary right-wing extremist!
You're going to take away a woman's right to an abortion and make sodomy illegal!!!!!!1111
:rolleyes:
;) |
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| Nemireck |
| quote: | Originally posted by ShadoWolf
You scary right-wing extremist!
You're going to take away a woman's right to an abortion and make sodomy illegal!!!!!!1111 |
Yup, right after I take away women's right to vote, and force Christianity upon the entire nation by removing their Freedom of Religion. Also, I was pondering removing the Freedom of Peaceful assembly clause. Enough of these left-wingists impeding on progress. |
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| ShadoWolf |
| quote: | Originally posted by Nemireck
Yup, right after I take away women's right to vote, and force Christianity upon the entire nation by removing their Freedom of Religion. Also, I was pondering removing the Freedom of Peaceful assembly clause. Enough of these left-wingists impeding on progress. |
Ironically it was Trudeau who invoked the War Power Act. :eek: :eek: |
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