72 replies to this topic

[MACKER]

What happened to 1998? That was the year their ruble collapsed and Russia defaulted.

That is why converting the debt to domestic currency is important.

Example paying off foreign currency debt or setting aside reserve funds or solid commodities for those debts prior to devaluation.

Edited by MACKER, 11 March 2012 - 01:28 AM.

[bush_cheney2004]

That is why converting the debt to domestic currency is important.

Why bother...just default like the Rooskies!

[Battletoads]

Stop all spending that doesnt either benefit Canadians, or provide a return on investment.

Just think, we would be in surplus right were it not for those billions spent on corporate giveaways. Can anyone say 'manufactured deficit'?

[Newfoundlander]

Stop all spending that doesnt either benefit Canadians, or provide a return on investment.

In the wise words of Kathy Dunderdale: “Our primary function is not as an employment agency, our primary function is to provide service to the people of the province.”

[Jerry J. Fortin]

q1. Youth unemployment is "somethiing like 80%"...I've heared it's around 20,which is bad...
a. http://www.youth.gc....uth/index.shtml . No sorry but unemployment is only a measure of those who are looking to find work who can't find work, as opposed to youth who arn't looking for work and don't have work, the REAL unemployment factor, also one must take part time hours and fold the total part time hours into full time equivolents, yeilding an 80% youth Unemployment rate.

q2. By the way,any ideas on how to cut the deficit?
a2. Sure. Don't spend. The long answer of course is much more complex, Government have cut down whole forests not to come to this resolution. I come from the non keynesian party. Here is the formula.


1. Remove the debt by imposing a direct tax to apply against the debt.
2. Conversion of all debt to Canadian dollars.
3. Create a wealth export tax
4. Rapid Inflation of Canadian currency through massive printing
5. Print all funds needed to pay beyond revenues.
6. Merge government services
7. The Social Platform of paid health insurance for the wealthy from a national plan.
8. Having corporations pay for infrastructure.
9. Increase royalties as a percentage of the rate of increase in the price of resources matched to the CLI, and export taxes on domestically in demand products, set price caps on strategic resources until essential domestic demand was met, essential domestic demand would be the measure in which shortage results in failure to perform or reduced service on fair market value
10. Support the construction of a handful of public refineries owned by the public
11. Run government departments from the sectors they administer. Eg. Fisheries and Martime would be funded from revenues from those segments. Industry from Industry, Health from Health, etc..
12. Selling products like flags, flagpoles, pictures, etc.. selling second rate consulate posts
13. renting out the Canadian Forces as security guards with revenue return to the GC.
14. Employing the CF as resource gatherers.
15. Not giving licenses for resource extraction to international companies and instead developing the billions of dollars of resource ourselves?
16. Making standards that Canadian companies will be advantaged by so that money stays local.
17. Developing renewable resource industries.
18. Developing greenhouses in the North. Food is so expensive up there some Federal Greenhouses would make so much money.
19. Divulge the debt on a per capita payment and create a death tax, for anyone that doesn't pay off their portion of the debt before they die, with hardship taken into consideration.
20. Create a development strategy to employ the unemployed that directly lowers the cost of providing for those living in poverty, through renewable streams of support such as co-op gardens, capacity building projects, habitat for humanity programs, and startup to compete with imports.

21. Creating a waste import fee for environmental costs of imports made of plastic or similar materials that are of a non biodegradable composition. Also set this fee for domestically produced products that are non biodegradable.

22. Convert social programs into work insurance programs.
23. Build the Navy from a Merchant Marine that required imports into Canada imported by the Canadian Merchant Marine ships. Afterall a Navy costs money commercial ships make money.. If all you are doing is watching the water put it on boats and do stuff while you watch. throw a couple missile platforms and CAWS and there yah go. Its not like they wont be sunk in a real naval battle anyway.
The key is having government do as little as possible and have self supporting programs in their place.

#1 Rapid Servicing of the debt to remove it at the earliest possible time outright.
#2 Conversion of the government into essential services, and program support services. Essential services would be reoriented to be tasked with economic development, while support service programs would be turned into fee based services
#3 Poverty elimination and reorientation of poverty people into productive members of society if they weren't before.
#4 Creating a duplicity economy both separate and non dependent on and aided by the West such as America and Europe.

Canada is big, it has many resources, it don't need no body else. So #1 is attain autarky #2 is create and support a strong export market in renewable resources and services. #3 is reduce poverty. #4 is create stability in the system.


#1 Service the debt through direct taxation to the debt.
#2 Balance the budget through the essential/program division.
#3 Have Canada maintain its wealth by self provisioning
#4 Increase productivity of those in poverty.


If you have more specific questions, you can ask and someone will give you an answer.


What you do is take every need of Canadians and have Canadians provide for it. While anyone who wants to take from Canadians, take an equal amount or greater amount from them?

For every public need insure the public can fullfill it.


You can give me any need and I can make it self supporting.

You get my vote.

[punked]

In the wise words of Kathy Dunderdale: “Our primary function is not as an employment agency, our primary function is to provide service to the people of the province.”

Services get eatin up big time when there is high unemployment. Sometimes the governments job needs to be to take up slack in the labour market to stimulate growth, no always but just saying the government should never play a role is 1920's Hooverisk thinking that brought on the great depression. Sorry that is an over simplification of a complex situation which does no one any good.

Edited by punked, 11 March 2012 - 09:19 AM.

[Tilter]

I think the 80% unemployment should read 80% employment.

And the other 20% is filled with high-school grads & dropouts who have the mistaken idea that upon graduation they will drop into a 50 thou/year job and refuse to lower themselves to accept less than that.

[Tilter]

q1. Youth unemployment is "somethiing like 80%"...I've heared it's around 20,which is bad...
a. http://www.youth.gc....uth/index.shtml . No sorry but unemployment is only a measure of those who are looking to find work who can't find work, as opposed to youth who arn't looking for work and don't have work, the REAL unemployment factor, also one must take part time hours and fold the total part time hours into full time equivolents, yeilding an 80% youth Unemployment rate.

q2. By the way,any ideas on how to cut the deficit?
a2. Sure. Don't spend. The long answer of course is much more complex, Government have cut down whole forests not to come to this resolution. I come from the non keynesian party. Here is the formula.


1. Remove the debt by imposing a direct tax to apply against the debt.
2. Conversion of all debt to Canadian dollars.
3. Create a wealth export tax
4. Rapid Inflation of Canadian currency through massive printing
5. Print all funds needed to pay beyond revenues.
6. Merge government services
7. The Social Platform of paid health insurance for the wealthy from a national plan.
8. Having corporations pay for infrastructure.
9. Increase royalties as a percentage of the rate of increase in the price of resources matched to the CLI, and export taxes on domestically in demand products, set price caps on strategic resources until essential domestic demand was met, essential domestic demand would be the measure in which shortage results in failure to perform or reduced service on fair market value
10. Support the construction of a handful of public refineries owned by the public
11. Run government departments from the sectors they administer. Eg. Fisheries and Martime would be funded from revenues from those segments. Industry from Industry, Health from Health, etc..
12. Selling products like flags, flagpoles, pictures, etc.. selling second rate consulate posts
13. renting out the Canadian Forces as security guards with revenue return to the GC.
14. Employing the CF as resource gatherers.
15. Not giving licenses for resource extraction to international companies and instead developing the billions of dollars of resource ourselves?
16. Making standards that Canadian companies will be advantaged by so that money stays local.
17. Developing renewable resource industries.
18. Developing greenhouses in the North. Food is so expensive up there some Federal Greenhouses would make so much money.
19. Divulge the debt on a per capita payment and create a death tax, for anyone that doesn't pay off their portion of the debt before they die, with hardship taken into consideration.
20. Create a development strategy to employ the unemployed that directly lowers the cost of providing for those living in poverty, through renewable streams of support such as co-op gardens, capacity building projects, habitat for humanity programs, and startup to compete with imports.

21. Creating a waste import fee for environmental costs of imports made of plastic or similar materials that are of a non biodegradable composition. Also set this fee for domestically produced products that are non biodegradable.

22. Convert social programs into work insurance programs.
23. Build the Navy from a Merchant Marine that required imports into Canada imported by the Canadian Merchant Marine ships. Afterall a Navy costs money commercial ships make money.. If all you are doing is watching the water put it on boats and do stuff while you watch. throw a couple missile platforms and CAWS and there yah go. Its not like they wont be sunk in a real naval battle anyway.
The key is having government do as little as possible and have self supporting programs in their place.

#1 Rapid Servicing of the debt to remove it at the earliest possible time outright.
#2 Conversion of the government into essential services, and program support services. Essential services would be reoriented to be tasked with economic development, while support service programs would be turned into fee based services
#3 Poverty elimination and reorientation of poverty people into productive members of society if they weren't before.
#4 Creating a duplicity economy both separate and non dependent on and aided by the West such as America and Europe.

Canada is big, it has many resources, it don't need no body else. So #1 is attain autarky #2 is create and support a strong export market in renewable resources and services. #3 is reduce poverty. #4 is create stability in the system.


#1 Service the debt through direct taxation to the debt.
#2 Balance the budget through the essential/program division.
#3 Have Canada maintain its wealth by self provisioning
#4 Increase productivity of those in poverty.


If you have more specific questions, you can ask and someone will give you an answer.


What you do is take every need of Canadians and have Canadians provide for it. While anyone who wants to take from Canadians, take an equal amount or greater amount from them?

For every public need insure the public can fullfill it.


You can give me any need and I can make it self supporting.

You neglected to mention 1 item that would cause an immediate HUGE drop in the deficit;
COLLECT THE DELINQUENT TAXES FROM CORPORATIONS who owe us BILLIONS.

[punked]

And the other 20% is filled with high-school grads & dropouts who have the mistaken idea that upon graduation they will drop into a 50 thou/year job and refuse to lower themselves to accept less than that.

Give me a break none of those people are seeking employment so they aren't even counted.

[Topaz]

70,000 people on EI at around $1600 monthly, do we have that much in the EI Fund? The Tories are supposely bringing in workers to work in jobs that the business can't find workers. Is the government and corps. instead of moving the corps, are moving workers to the jobs in other countries? I realize the oil sands can't be moved, but is this going to be the trend for other corps? Why can't the government and the businesses re-train the unemployed to do those jobs? I bet in some of the provinces, you'd find more people on welfare than on EI. I wish one of the networks would do a documentary on the unemployment in this country. Which province has the highest, city, town, how are the people being affect by unemployment surviving.

[punked]

70,000 people on EI at around $1600 monthly, do we have that much in the EI Fund? The Tories are supposely bringing in workers to work in jobs that the business can't find workers. Is the government and corps. instead of moving the corps, are moving workers to the jobs in other countries? I realize the oil sands can't be moved, but is this going to be the trend for other corps? Why can't the government and the businesses re-train the unemployed to do those jobs? I bet in some of the provinces, you'd find more people on welfare than on EI. I wish one of the networks would do a documentary on the unemployment in this country. Which province has the highest, city, town, how are the people being affect by unemployment surviving.

You can find all those stats in last months labour report.

[Argus]

So job numbers are down, with the youth population reporting something like 80% unemploymet up to the age of 25.

Now some 70,000 public service jobs are on the chopping block in the upcoming budget.

What areas are these coming from there are only so many opposition ridings.

The numbers being tossed around are, I suspect, largely scare tactics coming from both the government, to make their eventual numbers look mild by comparison, and by the unions, to energize their members' opposition. Because unless the government is willing to cut a lot of programs and services to Canadians - something they have shown little courage for - you can't simply cut tens of thousands of jobs in the public service and expect to keep things running. Remember that most of the money the government spends is sent directly to the provinces or directly to Canadians through various programs (Ie pensions, GST rebates, Child tax benefits, unemployment). And you can't simply cut jobs because there isn't enough slack in the system for the remaining employees to function up to service standards. That's particularly true now given that the public service has already shed thousands of jobs over the past year or two. In certain areas, service standard are already being relaxed or failed, sometimes by huge degrees. Ie, one area I know has a 3 day turnaround time for work and is now backlogged by 4 months). In other areas, overworked employees are taking sick more often or going on stress leave - and not being replaced, which tends to have a poor effect on those remaining.

[eyeball]

The upcoming federal budget will mark the start of a "culture shift" in Ottawa from "spending enablers" to "cost containers," Treasury Board President Tony Clement says.

I wonder what spending for Bill C10 will be contained to?

[MACKER]

The numbers being tossed around are, I suspect, largely scare tactics coming from both the government, to make their eventual numbers look mild by comparison, and by the unions, to energize their members' opposition. Because unless the government is willing to cut a lot of programs and services to Canadians - something they have shown little courage for - you can't simply cut tens of thousands of jobs in the public service and expect to keep things running. Remember that most of the money the government spends is sent directly to the provinces or directly to Canadians through various programs (Ie pensions, GST rebates, Child tax benefits, unemployment). And you can't simply cut jobs because there isn't enough slack in the system for the remaining employees to function up to service standards. That's particularly true now given that the public service has already shed thousands of jobs over the past year or two. In certain areas, service standard are already being relaxed or failed, sometimes by huge degrees. Ie, one area I know has a 3 day turnaround time for work and is now backlogged by 4 months). In other areas, overworked employees are taking sick more often or going on stress leave - and not being replaced, which tends to have a poor effect on those remaining.

Clement is gunning for an $8 billion ($8,000,000,000) reduction in program expenditures through those 5% and 10% departmental cuts requested over the year in the upcoming budget.


The "culture shift" budget.

http://www.cbc.ca/news/canada/story/2012/03/10/pol-tony-clement-march-budget-culture-shift.html

Finance Minister Jim Flaherty has said there will be no "draconian measures" in the budget he will present March 29.

"The government of Canada is in a relatively good fiscal situation. So we don't need to be draconian, we're not the government of the United Kingdom, we're not in a situation thank goodness like Greece and Portugal and some other countries," Flaherty said.

So there will be no austerity in Canada....

For instance
http://www.guardian.co.uk/politics/2012/mar/08/george-osborne-austerity-cuts-poor-families?newsfeed=true

Edited by MACKER, 11 March 2012 - 02:20 PM.

[eyeball]

Clement is gunning for an $8 billion ($8,000,000,000) reduction in program expenditures through those 5% and 10% departmental cuts requested over the year in the upcoming budget.

Vic Toews also says no cost is too high when it comes to fighting unreported crime and Rob Nicholson says we're just getting started.