It’s Probably Nothing

9 Replies to “It’s Probably Nothing”

1. Cultural/Economic Marxist Ontario is asking its citizens (Subjects) to volunteer to pay off its Ponzi Scheme $300 billion in debt. Ontario has 14 million subjects and $300 billion in debt. California, known worldwide for its profligacy, has $400 billion in debt but 40,000,000 subjects or perspective. Both are broke but Ontario looks worse to me. Then again 20 million of those 40 million are Mexicanos who receive $’s but don’t pay taxes much so maybe it’s a wash.
   http://www.zerohedge.com/news/2015-12-27/ontarians-urged-voluntarily-pay-more-taxes-cut-provinces-debt

2. I wonder when it becomes mandatory.

3. With the recent federal election results in mind, and borrowing statists in power in a majority of the provinces, it’s hard to believe there’s much pubic debt anxiety in this country. I sure as hell don’t see it or hear it.

4. The vast majority of liv simply can’t comprehend the fact that governments can, and do, run out of money. If one was to ask them about the economic situation in Greece, for example, they would be totally clueless about what has happened and even more ignorant about the cause.
   They will get a serious dose of reality when the “free stuff” starts being withheld.

5. When you have never been held to account and that all circumstances are ‘negotiable’ there will never be any serious concern.
   Canada has funded the industrialization of central Canada for many decades. The cost was 100’s of billions. The industrial heartland of the USA gutted that part of the country with Detroit as the poster child. Ontario is now experiencing that same fallout and will pull the rest of the country under water trying to save itself. There is no accountability over this matter as all political parties are part of the effort.
   At the same time this was going on Western Canada continued to build their provinces with no real help from the east. The much hated oil industry was never funded out of TO it was all out of Dallas, Texas. Trade talks with the USA never protected wood exports from BC but were quick to nail down a Auto Pact deal.
   These issues will reassert themselves as the divergence of political and cultural differences actually have price tags placed on them.

6. No worries, everyone.
   If I have gathered anything from leftist preachings these many years, it is that none of us really needs a job and there is a limitless supply of other people’s money to rely on.

7. Eat, drink, and be merry for tomorrow wind mills, solar panels, and our new immigrants will bring us prosperity.

8. Bob Rae declared me rich when he was in power and placed a surtax on my income. I am surprised the libs have not done that yet, maybe it is because they would have to tax their government union employees.

9. The obvious way to solve debt problems was found long
   ago in post WW1 Germany and post WW2 South America.
   Germany actually solved it again immediately before and
   after WW2 if you want to get really technical.