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The Dollar is over 80 cents US! (pg. 7)
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| j_spot |
| quote: | Originally posted by ShadoWolf
Ironically it was Trudeau who invoked the War Power Act. :eek: :eek: |
wasnt that over the FLQ?
a well deserved envoking of the act IMO |
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| Nemireck |
| quote: | Originally posted by ShadoWolf
Ironically it was Trudeau who invoked the War Power Act. :eek: :eek: |
Wartime Measures Act? This is Canada we're talking about... we have no power. |
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| ShadoWolf |
| quote: | Originally posted by Nemireck
Wartime Measures Act? This is Canada we're talking about... we have no power. |
Martial law, not a military action.
Remember, Trudeau idolized communists.
edit: wait, he was one |
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| j_spot |
| quote: | Originally posted by ShadoWolf
Martial law, not a military action.
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and what would you have had trudeau do with teh FLQ taking hostages inside our own country? |
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| ShadoWolf |
| quote: | Originally posted by j_spot
and what would you have had trudeau do with teh FLQ taking hostages inside our own country? |
http://home.nas.net/~rcmpham/mischild.htm
We don't go declaring martial law based on two kidnappings in a democratic society.
Trudeau's policies directly led to the PQ election victory of 1976 and the 1980 and 1995 referenda. |
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| j_spot |
| kidnappings and political hostage taking are two different things. |
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| ShadoWolf |
| quote: | Originally posted by j_spot
kidnappings and political hostage taking are two different things. |
Yeah, if they're from Quebec. :rolleyes: :rolleyes: |
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| j_spot |
| if a separtist movement started in PEI and they kidnapped people and killed some of them, I would agree to having wartime measure act in place |
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| ShadoWolf |
| quote: | Originally posted by j_spot
if a separtist movement started in PEI and they kidnapped people and killed some of them, I would agree to having wartime measure act in place |
They killed Pierre Laporte, and they should have been hung for that. However, the police were capable of dealing with those thugs.
Worst Prime Minsiter ever. |
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| St_Andrew |
| quote: | Originally posted by DigiNut
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: | | It turns out that 45 percent of the $296 billion spending increase over the past two years was related to defense and 9/11. |
45% is imo a fair share. Imporant or not, it is irresponsible spending, but yeah i think we booth agree here really.
Source
and how can you say that medicare is NOT important spending? That is imo kinda national security too. and i bet that good medicare could save so many more lives than the war in iraq will ever do.
| quote: | | 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). |
"According to the Treasury Department, major foreign holdings of U.S. Treasury securities total $1.38 trillion. Over the first seven months of 2003, Mainland China and Hong Kong have accumulated $177 billion of U.S. debt. Currently, China is the world’s second- largest buyer, exceeded only by Japan. Furthermore, China’s purchases of U.S. government securities rose 20% over the first half of this year and have exploded by more than 105% since the beginning of 2001...
...This means that foreign investment in the United States is financing the U.S. budget deficit and the war in Iraq. We need to borrow approximately $1.5 billion per day from foreign investors to finance these deficits. Increasingly, foreign investors, not U.S. residents, will be the beneficiaries of the interest paid by the US"
| quote: | | 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. |
Suuuuure canada is going bancrupt, i mean a surplus on 9 billion dollars must be so much worse than a deficit of 477 billion! :rolleyes:
| quote: | | 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. |
China, Japan.
| quote: | | And the "per capita" statistic is relevant how exactly? |
What else would make sense? US is the biggest economy in the world (unless you count EU as one) so of course they should pay most to the UN? |
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| Nemireck |
LOL I just read Diginuts ranting about Canada going bankrupt... Yup, because 7 years of Surpluses just spells DREAD for this countrie's fiscal well-being.
I'm sorry... Multi trillion dollar debt (that's increasing, USA is just oweing more and more year after year) > 550 billion (that's being paid down... a few years ago it was over 600) |
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| rabbitjoker |
| AFAIK Canada's national debt is close to $501 billion (current). |
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