Most Ontario residents think Premier Kathleen Wynne should resign: Poll

Murphy

Executive Branch Member
Apr 12, 2013
8,181
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I wonder why the law is so strange.

If you went into a store and got caught shoplifting, you'd go to court, be judged and either fined or jailed or both.

When you purposely misspend or waste money, giving billions away for no tangible return, you may get articles written about you saying you should resign...but, all that happens is you get voted out and end up with a fat pension - paid for by the same people whose money you misused.

That still irks me.
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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I wonder why the law is so strange.

If you went into a store and got caught shoplifting, you'd go to court, be judged and either fined or jailed or both.

When you purposely misspend or waste money, giving billions away for no tangible return, you may get articles written about you saying you should resign...but, all that happens is you get voted out and end up with a fat pension - paid for by the same people whose money you misused.

That still irks me.
If you want a serious answer, the money does not belong to "people." It belongs to the corporate person known as the Province of Ontario, and is to be spent according to the laws of said province and Canada.

Some people have the strangest idea that after they pay taxes that are required by law, they retain ownership of the money they paid. Which is a bit like saying after you buy a car, the money you bought it with is still yours, or that after you get your pay, the money is still your employer's.
 

Murphy

Executive Branch Member
Apr 12, 2013
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I was merely thinking out loud.

It doesn't really matter who "owns" the money. Put another way, if you were the CEO of Microsoft, and willfully misspent billions of their dollars, it is unlikely that they would give you a pension cheque and show you the door.
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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I was merely thinking out loud.

It doesn't really matter who "owns" the money. Put another way, if you were the CEO of Microsoft, and willfully misspent billions of their dollars, it is unlikely that they would give you a pension cheque and show you the door.
Actually, that's pretty much exactly what happens when the CEO of a major corporation screws the pooch and loses the company billions. It's called "the golden parachute." Remember all those bank CEOs that got multi-million dollar bonuses out of government bailout money after they crashed the economy?
 

Murphy

Executive Branch Member
Apr 12, 2013
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It seems to be selective. Some are charged with fraud; others walk. A lot depends on whether the court action will negatively affect stocks or the value of publicly traded companies.
 

Tecumsehsbones

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Mar 18, 2013
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It seems to be selective. Some are charged with fraud; others walk. A lot depends on whether the court action will negatively affect stocks or the value of publicly traded companies.
They're not charged with fraud by the corporation (corporations have no power to charge anybody with anything). And your second sentence is simply wrong. Corporate CEOs work under contracts. Unless those contracts specify certain conduct that can affect their compensation, then it doesn't matter what they do, or what they're charged with. And you may believe that your average multi-million dollar CEO has a bulletproof contract.
 

Murphy

Executive Branch Member
Apr 12, 2013
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I realize they are not charged by the corporation. Legal improprieties are brought to the police. Now whether or not the law is made aware of any possible problems is not known until someone makes the call.
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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I realize they are not charged by the corporation. Legal improprieties are brought to the police. Now whether or not the law is made aware of any possible problems is not known until someone makes the call.
I do hope you realize that mistakes, plans that don't work, and so forth, aren't crimes, I hope. No matter how much you hate the person.
 

Murphy

Executive Branch Member
Apr 12, 2013
8,181
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Ontario
I am not a child. I used the words 'purposely' and 'willfully' misspend. I can use other, supporting words 'irresponsibly', or even 'fraudulently'.

Contract or not, if there is sufficient proof that someone has fraudulently or criminally misused funds, they can be charged. As I posted in an earlier post, sometimes the fallout isn't worth the charge.
 

lone wolf

Grossly Underrated
Nov 25, 2006
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In the bush near Sudbury
You've lost it when you start resorting to petros tactics.

You're looking at this through the old person's lens.

...and your shyte don't stink? Pedigree only gets you so far....

I do hope you realize that mistakes, plans that don't work, and so forth, aren't crimes, I hope. No matter how much you hate the person.
Maybe not ... but outright fraud on billing does ... as does inflating the apparent worth of an entity before a stock issue

The rest is just piss poor leadership and con artistry