Spending and saving or NOT

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,337
113
Vancouver Island
It is a well known fact that dippers are poor financiaL managers. We are still paying off debt generated by the NDP in B.C. in the 90's. Still suffering from many of the initiatives they introduced as well.
 

Nuggler

kind and gentle
Feb 27, 2006
11,596
140
63
Backwater, Ontario.
It is a well known fact that dippers are poor financiaL managers. We are still paying off debt generated by the NDP in B.C. in the 90's. Still suffering from many of the initiatives they introduced as well.


Yep, it was a real son of a bitch when they brought in the law which said if you hire people you have to pay them. Must have broken your little con heart.

I read this article and shuddered with FEAR. Would like other opinions.

"NDP leader Thomas Mulcair has remortgaged home 11 times, newspaper reports"

Here is the link to the article:
NDP leader Thomas Mulcair has remortgaged home 11 times, newspaper reports | Canada Politics - Yahoo! News Canada


What a man does with his home and financial situation used to be his own business. Trolly Taxslave drag you in for immoral support, Controll? Dredge you up from a defunct con forum?
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
21
38
kelowna bc
This makes it sound like he mortgaged the home and never paid back what
was borrowed. In business you may use the home as collateral and when
you make your investment payoff you pay the mortgage.
Some even miss the point he has a home worth enough to make multiple
mortgages. If there is criticism fine, but let some people stop grasping at
straws.
First of all who cares what he does with his property and if it was business
and investment for profit, well that kind of puts a damper on the socialist idea.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
547
113
Vernon, B.C.
It is a well known fact that dippers are poor financiaL managers. We are still paying off debt generated by the NDP in B.C. in the 90's. Still suffering from many of the initiatives they introduced as well.

From what I can gather it is at least partly due to his inability to keep his mouth shut, which cost him a cool $95,000. Hopefully he's just a flash in the pan (trough). :lol:

This makes it sound like he mortgaged the home and never paid back what
was borrowed. In business you may use the home as collateral and when
you make your investment payoff you pay the mortgage.
Some even miss the point he has a home worth enough to make multiple
mortgages. If there is criticism fine, but let some people stop grasping at
straws.
First of all who cares what he does with his property and if it was business
and investment for profit, well that kind of puts a damper on the socialist idea.

Apparently National Post thought it was something to care about. I suppose if there is a good thing about the media, they have a knack for bringing the sleeze out of the woodwork.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
547
113
Vernon, B.C.
Yep, it was a real son of a bitch when they brought in the law which said if you hire people you have to pay them. Must have broken your little con heart.




What a man does with his home and financial situation used to be his own business. Trolly Taxslave drag you in for immoral support, Controll? Dredge you up from a defunct con forum?

When you enter public life, nothing is your "own business", there is a cost to have the privilege of wallowing in the trough! YA CAN'T SUCK AND BLOW AT THE SAME TIME! :lol:
 

canuck50

New Member
Nov 11, 2011
49
0
6
Beside Ron in Regina
I'm scared... He is leading the opposition now... What is he going to do with Canada if he is ever elected as the Prime Minister? Good night.... He'd remortgage the country and do what the liberals did and basically bankrupt all of us.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
547
113
Vernon, B.C.
I'm scared... He is leading the opposition now... What is he going to do with Canada if he is ever elected as the Prime Minister? Good night.... He'd remortgage the country and do what the liberals did and basically bankrupt all of us.

Nah, it ain't going to happen......................he's not quite slick enough!
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
21
38
kelowna bc
Mulcair is the kind of guy the people like and that is the problem for the Tories
who keep attacking him. Look at the polls, not in any one month but the tracking
since he became the leader. Slowly but surely, Mulcair has solidified Quebec
and is now moving into Ontario.
This is a long road to be sure but the current trends actually look pretty good for
him. He is gaining support among seniors and youth. Seniors vote and if he
can get the young folks to come out once on mass, he could pull this off.
Interesting to be sure, and this is no better or worse than some others when it
comes to paying because of your mouth. Remember Stockwell Day, when he
was in Alberta as a member of the Legislature, he made remarks about a lawyer
defending some sleazy guy and that didn't end well. Then of course in BC the
government paid off two people who pleaded guilty so they wouldn't have to open
their mouth six million for Bassi and Virk and not a word about the BC Rail Scandal.
 

Omicron

Privy Council
Jul 28, 2010
1,694
3
38
Vancouver
It is a well known fact that dippers are poor financiaL managers. We are still paying off debt generated by the NDP in B.C. in the 90's. Still suffering from many of the initiatives they introduced as well.

Most of BC's debt came from SoCred governments... possibly because many of their corporate sponsers were lenders who knew that lending money to government meant you were guaranteed to be paid the interest without necessarily the principal, such that the loan could be milked forever.
 

Machjo

Hall of Fame Member
Oct 19, 2004
17,878
61
48
Ottawa, ON
To be fair there is no guarantee that the way a person behaves in his private life reflects on their public policy. That said, ignoring his public life, he doesn't seem to be much better than Harper.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
547
113
Vernon, B.C.
Most of BC's debt came from SoCred governments... possibly because many of their corporate sponsers were lenders who knew that lending money to government meant you were guaranteed to be paid the interest without necessarily the principal, such that the loan could be milked forever.

Link please, it's been well over 20 years since we've had a Socred Gov't in B.C. and I believe the biggest debt at the time was the Coquihalla Highway, which has long since been paid off.....................remember they closed the tolling station! I'm not sure yet if we've paid off the debt created by the idiocy of Glenny's Fast Cats.

To be fair there is no guarantee that the way a person behaves in his private life reflects on their public policy. That said, ignoring his public life, he doesn't seem to be much better than Harper.

Possibly not but it's fairly safe to say that in one facit of their lives they are not being themselves and you sure as hell don't want such a guy representing you on the political scene. The facit displaying the worst behaviour is the true one.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,337
113
Vancouver Island
Yep, it was a real son of a bitch when they brought in the law which said if you hire people you have to pay them. Must have broken your little con heart.




What a man does with his home and financial situation used to be his own business. Trolly Taxslave drag you in for immoral support, Controll? Dredge you up from a defunct con forum?

Dude that has always been the law. It was their deliberate destruction of small loggers that really pissed us off. WEll that and stealing from charities and taxpayers.

I'm scared... He is leading the opposition now... What is he going to do with Canada if he is ever elected as the Prime Minister? Good night.... He'd remortgage the country and do what the liberals did and basically bankrupt all of us.

Mulcair has less chance of becoming PM than I do.

Most of BC's debt came from SoCred governments... possibly because many of their corporate sponsers were lenders who knew that lending money to government meant you were guaranteed to be paid the interest without necessarily the principal, such that the loan could be milked forever.

Did you get that from Tyee news? or National Enquirer?
 

Machjo

Hall of Fame Member
Oct 19, 2004
17,878
61
48
Ottawa, ON
Possibly not but it's fairly safe to say that in one facit of their lives they are not being themselves and you sure as hell don't want such a guy representing you on the political scene. The facit displaying the worst behaviour is the true one.

Now there is the point that if Mulcair lives such an expensive lifestyle, though that itself is a private matter, we do have to question, if his lifestyle is so expensive, he might not understand that some people can live and balance their budgets on far less money. As a result, he may pity people who earn more than enough, expecting EI etc. to be far too high, thinking that people really need that much money.

A politician living within his means might be more interested not in giving the poor more money, but rather teaching them or helping them to manage their finances, focussing instead on the truly poor.

Also, we have to wonder, for a socialist, he does seem to be living a pretty lavish lifestyle. Aren't socialists all about the rich spending less on themselves and more on others? Well, unless he's been giving too much to charity, but then will he do this with the government budget too?

Hard to say. It may or may not translate, but perhaps he shuld clarify his position on that.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
28,429
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A Mouse Once Bit My Sister
Also, we have to wonder, for a socialist, he does seem to be living a pretty lavish lifestyle. Aren't socialists all about the rich spending less on themselves and more on others?

Mulcair is living the socialist ideal - keep spending other people's money to satisfy his immediate desires... It's a classic debt financing scheme and with the frequency that Mulcair 'needs' the money, it's more akin to a pyramid scheme.


Well, unless he's been giving too much to charity, but then will he do this with the government budget too?

The only charity he's giving to is the Tommy Mulcair Foundation.
 

Omicron

Privy Council
Jul 28, 2010
1,694
3
38
Vancouver
Link please, it's been well over 20 years since we've had a Socred Gov't in B.C. and I believe the biggest debt at the time was the Coquihalla Highway, which has long since been paid off...

I meant the psuedo-Liberal actually-Conservative government in BC... which I can't tell apart from the earlier SoCreds.
 

Cliffy

Standing Member
Nov 19, 2008
44,850
192
63
Nakusp, BC
The only charity he's giving to is the Tommy Mulcair Foundation.
Ha Ha! Show me a politician who is not in it for the money. They may start out as idealists but soon figure out what is really going on. Take the Reform initial rejection of the platinum pensions and their eventual acceptance. BTW, wasn't Harpo among that lot?