Governments spend too much on Seniors
- Thread starter tibear
- Start date
We have been trained to not see.
Provisions have already been made to ensure the continued existence of the blood sucking parasite banks by lifting the loot in our bank accounts. Get your money out and into real assets.
seed
fuel
shelter
food
clothing
medicine
ammo
fishing tackle
radiation detectors
and tinfoil if you can find it
Provisions have already been made to ensure the continued existence of the blood sucking parasite banks by lifting the loot in our bank accounts. Get your money out and into real assets.
seed
fuel
shelter
food
clothing
medicine
ammo
fishing tackle
radiation detectors
and tinfoil if you can find it
Sorry, it is 41.5% according to Stats Can in 2011. But I don't think that includes stuff like manufacturing taxes, import taxes and such that are tagged onto the retail prices of most items.
http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/govt02a-eng.htm
lol I have no problem with that, but what gov't seems to have twisted it into is "ask not what your gov't can do for you but ask what you can do for your gov't".
Oh, I forgot the amount that the gov't charges in taxes, levees, fees, etc. to foreign interests. But wherever Canada gets its dough from is irrelevant; it's Canadian revenue and belongs to Canadians.
Yep, if the poster continues an idiotic idea after it's pointed out to him, he then becomes an idiot! -
Ah, negative, the banks come first with no exceptions, that revenue legally belongs to the banks, so does the currency.
So 13.5% of total revenue goes for pensions! What is wrong with that? It's very close or even less than individuals pay to fund their doddering years.
Semantics. It's a closed system anyway. Money just recycles around the planet.
Well yeah, attaining old age is the common denominator of all those who live long enough. What other program do we all qualify for? So it makes perfect sense.
Bank of Canada History
The Bank of Canada, unlike the Federal Reserve in the U.S., is wholly owned by the people of Canada. It was nationalized in 1938 and was used very successfully to fund infrastructure, social programs, health and education for the benefit of all Canadians. It was used to bring us out of the depression; it funded our WWII effort, built highways such as the McDonald-Cartier freeway, public transportation systems, subway lines, airports, the St. Lawrence Seaway, our universal healthcare system, and our Canadian Pension Plan. Unfortunately, since Canada adopted Milton Friedman's theory of Monetarism in 1974, Canada has gone through the private banking sector to finance its needs causing the federal debt to increase nearly 3000%.
After 1975, our federal debt grew for the next 12 years at more than 20 percent per year. It broke the 100 billion mark in 1981 and 200 billion in 1985. While the growth slowed in 1988, our federal debt continued to climb breaking 300 billion in 1988, 400 billion in 1992, 500 billion in 1994. It peaked in 1997 at 556 billion per year. Today our debt is approximately 500 billion. Canada pays approximately 31 billion in interest every year; 171 million dollars a day.
Monetary Reform Campaign
The Bank of Canada, unlike the Federal Reserve in the U.S., is wholly owned by the people of Canada. It was nationalized in 1938 and was used very successfully to fund infrastructure, social programs, health and education for the benefit of all Canadians. It was used to bring us out of the depression; it funded our WWII effort, built highways such as the McDonald-Cartier freeway, public transportation systems, subway lines, airports, the St. Lawrence Seaway, our universal healthcare system, and our Canadian Pension Plan. Unfortunately, since Canada adopted Milton Friedman's theory of Monetarism in 1974, Canada has gone through the private banking sector to finance its needs causing the federal debt to increase nearly 3000%.
After 1975, our federal debt grew for the next 12 years at more than 20 percent per year. It broke the 100 billion mark in 1981 and 200 billion in 1985. While the growth slowed in 1988, our federal debt continued to climb breaking 300 billion in 1988, 400 billion in 1992, 500 billion in 1994. It peaked in 1997 at 556 billion per year. Today our debt is approximately 500 billion. Canada pays approximately 31 billion in interest every year; 171 million dollars a day.
Monetary Reform Campaign
You foil hatter you!
I've been asking for years why this happened and nobody can give me an answer. Who is holding a gun to our government's head to prevent them from using our own bank?
Ah negative, money does not just recycle around the planet. Circulation and supply in the west are private and closely throttled by private international banks who are untouchable by the Bank of Canada or the government of Canada despite the rubbish we hear from Flaterty.
I'm thinking that that may be a good thing. I asked the question on another thread a few weeks ago "who does Canada owe this debt to?" and the answer I got was mainly the citizens of Canada, so it sounds to me like Canadians are making about 5% on their investment. Much higher than treasury bills or G.I.C.s.
You foil hatter you!
I've been asking for years why this happened and nobody can give me an answer. Who is holding a gun to our government's head to prevent them from using our own bank?
The Bank of International Settlement. We could certainly use our Bank of Canada and issue currency interest free or close but we would suffer the same fate as Lybia, Iraq, and soon Iran, to be free of the International Banks means certain death for any western nation in the modern era.
That certainly would have been a banker who told you such a big lie. We make nothing while we borrow from the private banks. We will never repay the debt, that's the rig the con, permanent bank debt. sweet if you're in sucks if you're out