Liberals Preparing For A Summer Election

Cannuck

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Feb 2, 2006
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I listened to Ignatieff as well. He had a couple very valid points. Why is it that the federal finance minister can't say how much the deficit is. Why can't the prime minister? That question has been asked numerous times to no avail. Canada is not some little Caribbean republic. I've looked at Flaherty's record in Ontario and this kind of performance is not new from this man. We should all be embarrassed. The ninth largest economy in the world and we can't find out how much the deficit is.

There's too many unknowns. Anybody with an IQ over 10 understands that. With so much money earmarked for infrastructure, until the plans are well past the engineering stages and shovels are in the ground, trying to put a definitive number on the deficit is downright foolish. On top of that the economic situation needs to stabilize first. Nothing but petty politicking from Iggy. I'm not surprised you are lapping it up.
 

#juan

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Aug 30, 2005
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There's too many unknowns. Anybody with an IQ over 10 understands that. With so much money earmarked for infrastructure, until the plans are well past the engineering stages and shovels are in the ground, trying to put a definitive number on the deficit is downright foolish. On top of that the economic situation needs to stabilize first. Nothing but petty politicking from Iggy. I'm not surprised you are lapping it up.

Absolute nonsense! Like any project there is a budget. There are people who can put an estimated cost on any of this. Surely Flaherty has estimates and he knows how much money he wants to spend. You use the numbers you've got. If the numbers are too high you end up with a surplus and if they are too low there is a deficit.
At this point I would say Ignatieff is simply being responsible as leader of the opposition.
 

Socrates the Greek

I Remember them....
Apr 15, 2006
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To all Iggy foes, Harper and his finance minister have done a deplorable job of the Canadian economy, and the Liberals will be the party to repair the damage. To bad in the last 2006, election the people got side trucked by the big words the Cons used (clean Ottawa from corruption) (we are going to be the most transparent Government) and fooled the voters that voted for them pathetic incompetent fools.
As a result, the country is and will suffer more if the Conservative clowns stay in power.
 

captain morgan

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Mar 28, 2009
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A Mouse Once Bit My Sister
Absolute nonsense! Like any project there is a budget.


Funny... When was the last time that you were involved with a project that came in on or under budget?

(Before you answer, I'm talking about projects that er in the tens and hundred of millions - not a home budget to purchase a lawn mower.)



There are people who can put an estimated cost on any of this. Surely Flaherty has estimates and he knows how much money he wants to spend. You use the numbers you've got. If the numbers are too high you end up with a surplus and if they are too low there is a deficit.

Iggy doesn't want estimates, does he?... The liberanos want hard numbers on projects and exact amounts on 'projected' spending... The aforementioned requires a deep understanding and stability in the national and global economy.

Pretentious at the best of times and impossible during economic upheaval.



At this point I would say Ignatieff is simply being responsible as leader of the opposition.


Wrong. Iggy's gone foreign again and is apparently living on Fantasy Island this time. If he was being responsible, he'd announce their policies and their plan to get there and clearly state that if the gvt wasn't on the same page, they won't support the next vote.

Instead, he spends his time hmmm-ing and haw-ing and makes up all these excuses to pre-explain why he will support the cons unconditionally.
 

#juan

Hall of Fame Member
Aug 30, 2005
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Wrong. Iggy's gone foreign again and is apparently living on Fantasy Island this time. If he was being responsible, he'd announce their policies and their plan to get there and clearly state that if the gvt wasn't on the same page, they won't support the next vote.

Instead, he spends his time hmmm-ing and haw-ing and makes up all these excuses to pre-explain why he will support the cons unconditionally.

Nothing is wrong just because you say it's wrong. Your signature tells me your mind is made up. Why would I want to trade sarcasm with you?
 

JLM

Hall of Fame Member
Nov 27, 2008
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I listened to Ignatieff as well. He had a couple very valid points. Why is it that the federal finance minister can't say how much the deficit is. Why can't the prime minister? That question has been asked numerous times to no avail. Canada is not some little Caribbean republic. I've looked at Flaherty's record in Ontario and this kind of performance is not new from this man. We should all be embarrassed. The ninth largest economy in the world and we can't find out how much the deficit is.

I disagree- take your own financial situation, especially if you have investments and visualize someone asking you what your financial worth is, and wanting an answer the same day. I would think with the country it might be about 30 million times more difficult.
 

SirJosephPorter

Time Out
Nov 7, 2008
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Ontario
I disagree- take your own financial situation, especially if you have investments and visualize someone asking you what your financial worth is, and wanting an answer the same day. I would think with the country it might be about 30 million times more difficult.


JLM, my financial investments are very complicated (stocks, bonds, mutual funds, limited partnerships, tax shelters etc. plus my wife owns a corporation). However, everything is on the computer. If somebody asked me what is our financial worth as of today, I could give an answer within one hour.

For the country it is not 30 million times more difficult. Computer does not care if it is one individual or 30 million. Any competent PM would know the numbers such as debt, deficit etc. If he doesn’t know personally, he should have a competent staff to provide him with answers.

When the PM (or any politician for that matter) does not have the answer, it usually means that he knows the answer, but it is one that people won’t like.
 

Cannuck

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Feb 2, 2006
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Absolute nonsense! Like any project there is a budget. There are people who can put an estimated cost on any of this.

You are embarrassing yourself. You obviously know nothing about infrastructure management. Replacing 5 km of sewer line is nothing like buying a tank. Estimated costs are just that...estimated. The list of projects that came in ridiculously under budget or over budget is endless. We just had a 250K lift station project that hit 350K before it was done.

Surely Flaherty has estimates and he knows how much money he wants to spend. You use the numbers you've got. If the numbers are too high you end up with a surplus and if they are too low there is a deficit.

Yes, it's called a budget.

At this point I would say Ignatieff is simply being responsible as leader of the opposition.

Of course you would. That's what any Iggy supporter would say.
 

Cannuck

Time Out
Feb 2, 2006
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Alberta
JLM, my financial investments are very complicated (stocks, bonds, mutual funds, limited partnerships, tax shelters etc. plus my wife owns a corporation). However, everything is on the computer. If somebody asked me what is our financial worth as of today, I could give an answer within one hour.

I told the mods I won't upset you by pointing out the bullshyte so I won't.
 

JLM

Hall of Fame Member
Nov 27, 2008
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To all Iggy foes, Harper and his finance minister have done a deplorable job of the Canadian economy, and the Liberals will be the party to repair the damage. To bad in the last 2006, election the people got side trucked by the big words the Cons used (clean Ottawa from corruption) (we are going to be the most transparent Government) and fooled the voters that voted for them pathetic incompetent fools.
As a result, the country is and will suffer more if the Conservative clowns stay in power.

I wouldn't bet my entire pension cheque on that.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
548
113
Vernon, B.C.
JLM, my financial investments are very complicated (stocks, bonds, mutual funds, limited partnerships, tax shelters etc. plus my wife owns a corporation). However, everything is on the computer. If somebody asked me what is our financial worth as of today, I could give an answer within one hour.

For the country it is not 30 million times more difficult. Computer does not care if it is one individual or 30 million. Any competent PM would know the numbers such as debt, deficit etc. If he doesn’t know personally, he should have a competent staff to provide him with answers.

When the PM (or any politician for that matter) does not have the answer, it usually means that he knows the answer, but it is one that people won’t like.

YOu could probably come within a few percent, but do you know how much is on the light bill, phone bill, tax notice that is going to be mailed to you in three days. Do you know to the dollar what your house, car, etc. are worth right now. Until you sell them all you have is an estimate.
 

jjaycee98

Electoral Member
Jan 27, 2006
421
4
18
British Columbia
I listened to Ignatieff as well. He had a couple very valid points. Why is it that the federal finance minister can't say how much the deficit is. Why can't the prime minister? That question has been asked numerous times to no avail. Canada is not some little Caribbean republic. I've looked at Flaherty's record in Ontario and this kind of performance is not new from this man. We should all be embarrassed. The ninth largest economy in the world and we can't find out how much the deficit is.

Any idea how you come up with a figure when the employment numbers change daily, the housing market is totally up or down depending on what region you are in, stimulus money is sitting in limbo while Mayors & Planners that did no planning over the last 20 years try to get some project together that requires 6 month Engineering study and of course can not be approved for Gov't & taxpayers money until they show they will actually have a viable project. How do you come up with numbers on the revenue side? Or on the Expense side? Right now the whole country is living on a "Credit card" It's no different than a family man trying to balance his finances while being on call at work...no clue what the paycheque will be but "Sally" needs new shoes and Mom's cupboard is bare.
 

Socrates the Greek

I Remember them....
Apr 15, 2006
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I wouldn't bet my entire pension cheque on that.

Any person who sees the beginning of the Glue starting @ $50.2 Billion for such a short time in power as well the stupidity of governing of bad intentions and bets their pension in hope that things will be A OK with Harper and his Conservatives, is up for a rude awakening.
 
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JLM

Hall of Fame Member
Nov 27, 2008
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548
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Vernon, B.C.
Absolute nonsense! Like any project there is a budget. There are people who can put an estimated cost on any of this. Surely Flaherty has estimates and he knows how much money he wants to spend. You use the numbers you've got. If the numbers are too high you end up with a surplus and if they are too low there is a deficit.
At this point I would say Ignatieff is simply being responsible as leader of the opposition.

I thought we just got that, Juan, I believe the answer (like it or not) was $50.2 billion.
 

SirJosephPorter

Time Out
Nov 7, 2008
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Ontario
YOu could probably come within a few percent, but do you know how much is on the light bill, phone bill, tax notice that is going to be mailed to you in three days. Do you know to the dollar what your house, car, etc. are worth right now. Until you sell them all you have is an estimate.


I don’t count the house and the cars among the assets. We need the house to live in, cars to drive, so it doesn’t matter how much they are worth. A proper valuation of self worth should not include the house and the cars (unless you owe money on them then that should be included among the liabilities).

As to light bills, phone bills etc., when you say assets as of now, of course it does not include any accounts receivable, accounts payable etc. Since we both are self employed, there are going to be some bill to be paid at any time, and some monies outstanding which we are yet to receive.

All that is irrelevant when it comes to assets as of now. You are adding minor, irrelevant diversions to the question. Assets as of today, I could come up with the figure in less than an hour. And so could the Messiah (the figure for debt and deficit, that is), if he wants to.
 
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JLM

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Nov 27, 2008
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Bottom line is Iggy wants to sit on the fence, that way he has an excuse to continue whining and moaning. If he were sure of a majority, we'd be at the polls by the end of July- don't let this bullsh*t about the taxpayers not wanting it fool you. Iggy, knows if an election were called now and he lost again, that would pretty well finish him for ever having a chance at P.M . I'm not overly enthralled with Harper, but we don't want anyone else until we are sure they are going to be better.
 

#juan

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Aug 30, 2005
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I thought we just got that, Juan, I believe the answer (like it or not) was $50.2 billion.

Which probably means it is more and we won't know how much more until Harper and his mob are replaced. You can't increase spending and cut taxes at the same time without running into a wall at some point. Looks like they found the wall. Watch that number climb over the next few months.
 

JLM

Hall of Fame Member
Nov 27, 2008
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Which probably means it is more and we won't know how much more until Harper and his mob are replaced. You can't increase spending and cut taxes at the same time without running into a wall at some point. Looks like they found the wall. Watch that number climb over the next few months.

From the tone of your response I gather you think that is Harper's (and his mob's) fault. Perhaps there's a possibility it's the demands of the people that is at fault.