Capitalism will save this world


pgs
+4
#1861
Quote: Originally Posted by Hoid View Post

Economies function at varying degrees of soundness.

You generally want to reside inside of a place that has a sound economy.

In the Great Wipeout of 2008 Canada proved itself a good place to be when the debt hit the fan - which it will.

Thanks PM Harper .
 
petros
+1
#1862
Quote: Originally Posted by MHz View Post

The world is $75T in the hole. That hole was created under a capitalist system so your comment just took that title.

In debt to whom? Jews from Mars?
 
Hoid
#1863
Quote: Originally Posted by pgs View Post

Thanks PM Harper .

yes thanks Mr Harper for taking over after 11 straight year of balanced/surplus budgets and putting us back on the debt train

I know as a conservative you had to do it.
 
captain morgan
+4
#1864
Quote: Originally Posted by Hoid View Post

yes thanks Mr Harper for taking over after 11 straight year of balanced/surplus budgets and putting us back on the debt train

I know as a conservative you had to do it.


.. And tater tot drove us way back down into the hole... Just like his old man
 
Cliffy
#1865
 
MHz
#1866
Quote: Originally Posted by taxslave View Post

As long as they keep paying interest life is good. Especially if you own bank shares.

It is and you don't.
 
Walter
+1
#1867
Quote: Originally Posted by Cliffy View Post

Too effin bad.
 
Hoid
#1868
Quote: Originally Posted by Cliffy View Post

Reaganomics 101: exploit the poor.
 
pgs
+6
#1869
Quote: Originally Posted by Cliffy View Post

Is that what it means ? Those stinking rotten to the core capitalists are greedy . Then again minimum wage was never meant to be a living wage .
 
Hoid
+1
#1870
Quote: Originally Posted by pgs View Post

Is that what it means ? Those stinking rotten to the core capitalists are greedy . Then again minimum wage was never meant to be a living wage .

therefore people making minimum wage were never meant to be alive?

the natty mind is an endless puzzle
 
pgs
+3
#1871
Quote: Originally Posted by Hoid View Post

therefore people making minimum wage were never meant to be alive?

the natty mind is an endless puzzle

Wow , pretty elastic stretch there .
 
Cliffy
#1872
Quote: Originally Posted by pgs View Post

Is that what it means ? Those stinking rotten to the core capitalists are greedy . Then again minimum wage was never meant to be a living wage .

As usual, you don't have a clue what you are talking about...


n the more than 75 years since Congress first enacted a federal minimum wage — at 25 cents an hour — lawmakers have increased it nine times, reaching the current level of $7.25 an hour in 2009. And with every increase the same objections have been raised. Today, instead of dismantling these arguments on my own I decided to get a little help from President Franklin Delano Roosevelt, who had to fight Republicans, conservative Democrats, the Supreme Court and corporate leaders to pass the initial minimum wage in 1938.

Objection: Raising the minimum wage will hurt business and reduce employment.
“No business which depends for existence on paying less than living wages to its workers has any right to continue in this country.” (1933, Statement on National Industrial Recovery Act)
Objection: $10.10 an hour is too much, maybe $9.
“By living wages, I mean more than a bare subsistence level — I mean the wages of a decent living.” (1933, Statement on National Industrial Recovery Act)
Objection: Once you add in public assistance and tax credits, $9 an hour is plenty, and business could survive that.
“Do not let any calamity-howling executive with an income of $1,000 a day, who has been turning his employees over to the Government relief rolls in order to preserve his company’s undistributed reserves, tell you – using his stockholders’ money to pay the postage for his personal opinions — tell you that a wage of $11.00 a week is going to have a disastrous effect on all American industry.” (1938, Fireside Chat, the night before signing the Fair Labor Standards Act that instituted the federal minimum wage)


More:



https://takingnote.blogs.nytimes.com...-minimum-wage/
 
Walter
+1
#1873
Wages should be set by the market not gubmint.
 
pgs
+2
#1874
Quote: Originally Posted by Cliffy View Post

As usual, you don't have a clue what you are talking about...


n the more than 75 years since Congress first enacted a federal minimum wage — at 25 cents an hour — lawmakers have increased it nine times, reaching the current level of $7.25 an hour in 2009. And with every increase the same objections have been raised. Today, instead of dismantling these arguments on my own I decided to get a little help from President Franklin Delano Roosevelt, who had to fight Republicans, conservative Democrats, the Supreme Court and corporate leaders to pass the initial minimum wage in 1938.

Objection: Raising the minimum wage will hurt business and reduce employment.
“No business which depends for existence on paying less than living wages to its workers has any right to continue in this country.” (1933, Statement on National Industrial Recovery Act)
Objection: $10.10 an hour is too much, maybe $9.
“By living wages, I mean more than a bare subsistence level — I mean the wages of a decent living.” (1933, Statement on National Industrial Recovery Act)
Objection: Once you add in public assistance and tax credits, $9 an hour is plenty, and business could survive that.
“Do not let any calamity-howling executive with an income of $1,000 a day, who has been turning his employees over to the Government relief rolls in order to preserve his company’s undistributed reserves, tell you – using his stockholders’ money to pay the postage for his personal opinions — tell you that a wage of $11.00 a week is going to have a disastrous effect on all American industry.” (1938, Fireside Chat, the night before signing the Fair Labor Standards Act that instituted the federal minimum wage)


More:



https://takingnote.blogs.nytimes.com...-minimum-wage/

Why would people stay in a minimum wage job when other options are available ?
 
Cliffy
-1
#1875
 
pgs
+1
#1876
Quote: Originally Posted by Cliffy View Post

Simple solution , do as I do , don’t shop at Walmart .
 
Walter
+1
#1877
Quote: Originally Posted by Cliffy View Post

Prog hate and bullshit personified in Bernie.
 
Walter
#1878
Quote: Originally Posted by pgs View Post

Simple solution , do as I do , don’t shop at Walmart .

I shop there often and at Costco and at Zehrs and at Amazon and at Food Basics and at Freshco and at LCBO and at The Beer Store and at farmers’ markets...
 
MHz
#1879
Quote: Originally Posted by Walter View Post

I shop there often and at Costco and at Zehrs and at Amazon and at Food Basics and at Freshco and at LCBO and at The Beer Store and at farmers’ markets...

All in the same day??
 
MHz
#1880
Quote: Originally Posted by Walter View Post

Too effin bad.

Not the best attitude to have when 'the other side' includes 99% of the population on the globe.
 
MHz
#1881
Quote: Originally Posted by petros View Post

In debt to whom? Jews from Mars?

That where your kind is from or did the Indian camps just seem that way to a pissy little Jew-toy like yourself?? The Jewish Banksters I am referencing live in the French speaking part of Belgium and north from there.



One family home. I assume 'the children's hospital' is where all the tissue from abortions goes in their quest to become human immortals.



https://www.rothschildarchive.org/co...d_philanthropy
Rothschild philanthropy

Brought up in the Jewish ghetto of Frankfurt, Nathan and his brothers were imbued with a strong sense of the tradition of Zedaka, which places expectations on members of the community to work for social justice by offering material support for those in need. As the family's wealth and influence grew, so did their commitment to this principle, along with their ability to apply it in more ambitious ways.

Early support for Jewish causes
In England, the almost military skills which Nathan Mayer Rothschild (1777-1836) had used to transfer huge sums of money to Wellington's troops and Britain's allies during the campaign against Napoleon were put to the use of the Jewish community. In addition to offering cash support to the synagogues in London, Nathan initiated a series of discussions which led eventually to the formation of the United Synagogue, thus streamlining the charitable work of the smaller constituent synagogues. Nathan's children recognised their obligations just as keenly. His eldest son, Lionel, became the first Jewish Member of Parliament after an 11-year battle, paving the way for the removal of the final civil disabilities affecting the Jewish community. As the children began to buy country estates, the areas around their mansions were transformed by planned improvements to housing for artisans, the implementation of social facilities such as health care provision, and an assurance that estate workers could rely on regular employment.
A broad commitment to welfare
The entire family preferred to become wholeheartedly involved in their favourite philanthropic interests, rather than simply making random payments to worthy causes. In Frankfurt, Nathan's youngest child Louise and her seven daughters were responsible for many of the family's 30 charitable foundations in the city, including a dental clinic, a free public library, a swimming bath, old people's homes, orphanages, funds to pay school fees, soup kitchens and hospitals. Vienna perhaps had the most astonishing variety of foundations established by the family: alongside the more usual hospitals, orphanages and educational foundations were a municipal theatre and a foundation for destitute photographers, one member of the family being a particular enthusiast for this art form.
Education
Members of the Rothschild family supported the Jews’ Free School in London’s East End school over several generations. Nathan, together with his wife Hannah, helped support the school through benefactions and subscriptions. In 1837, Hannah Rothschild established an accumulating fund for the permanent endowment of the school. As well as financial support, members of the Rothschild family were office holders of the school. Other members of the family established and supported schools in France, Austria and Israel.
Social housing and employment
In London and Paris, social housing was a shared interest, resulting in the formation of the Four Per Cent Industrial Dwellings Company Limited (London) and the Rothschild Foundation (Paris) both of which constructed housing to an exceptionally advanced standard for the time. Perhaps the most radical programme of Rothschild philanthropy was staged beyond the cities where the family established banking houses. Israel owes many of its early economic successes to the work of Edmond de Rothschild, who founded numerous colonies for Jewish settlers. A silk factory, vineyard and flour mill, as well as the introduction of crops such as grapefruit and avocado, enabled the settlers to establish their economic independence.
The Arts
It has been estimated that the Rothschild family has given more than 60,000 works to public institutions within the space of a century.
Rothschild philanthropy today
Many members of the Rothschild family have established philanthropic trusts with a variety of aims, and members of the family continue to be involved with institutions founded by their forebears such as the Evelina London Children's Hospital, and the Industrial Dwellings Society. Family foundations include the ERANDA Foundation, The Rothschild Foundation (Hanadiv) Europe, and the Fondation de Rothschild.
 
Hoid
#1882
Quote: Originally Posted by Walter View Post

I shop there often and at Costco and at Zehrs and at Amazon and at Food Basics and at Freshco and at LCBO and at The Beer Store and at farmers’ markets...

racist is an avid shopper
 
Cliffy
#1883
 
Mowich
#1884
Quote: Originally Posted by Cliffy View Post






 
Walter
+1
#1885
Quote: Originally Posted by Cliffy View Post

A pile of shit.
 
Walter
+1
#1886
Quote: Originally Posted by Mowich View Post



Watched that show a lot in the day.
 
taxslave
+1
#1887
Quote: Originally Posted by Hoid View Post

yes thanks Mr Harper for taking over after 11 straight year of balanced/surplus budgets and putting us back on the debt train
I know as a conservative you had to do it.

Cretin and Martin never had balanced budgets. They used deceptive accounting and outright theft.
 
taxslave
+2
#1888
Quote: Originally Posted by Cliffy View Post

Socialists believe that someone else should pay their bills.
 
Walter
+1
#1889
Quote: Originally Posted by taxslave View Post

Cretin and Martin never had balanced budgets. They used deceptive accounting and outright theft.

Moved a lot to the provinces and “borrowed” from the EI fund.
 
Hoid
+1
#1890
Quote: Originally Posted by taxslave View Post

Cretin and Martin never had balanced budgets..

That's correct.

Martin actually ran surplus budgets.

I think maybe Cretien did as well

The figure is 11 straight years of either balanced or surplus budgets - then came Harpo
 

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