We aren't just talking about the Ontario government or Obama's big, corrupt, crony capitalist disasters either.
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But if you're a crony capitalist and think government should be doling out the grants to companies both minor and massive, then you had reason to be full with Christmas cheer this year.
On Jan. 4,
This was a re-issue of a 2008 five-year fund. The excuse back then was the economic crisis.
What's the excuse this time around? After all, the fund goes until 2018.
To close off the year, on
Dec. 13
Taxpayers will dole out
$220 million to a company that, worldwide, had revenues of $49 billion in fiscal 2013.
"Cisco profit soars 56%" is the headline of an August 2012 CNN story. Huh. I wonder if Ontario taxpayers will see their incomes soar by the same amount.
You've also got to love the wording of the government's press release. The grant will create "up to" 1,700 jobs. Cisco is investing "up to"
$2.2 billion in salaries.
To be fair, the grant money is contingent on job creation numbers. But you've still got to ask: Why Cisco? Why now?
We could say a bad precedent has been set. But in truth it was set many years ago.
As Mark Milke notes in the second edition of Tax Me I'm Canadian!, according to Statistics Canada
The big ticket funds make the front pages. But there are many smaller handouts given to various companies and sectors, too.
On Dec. 6,
On Dec. 13, they announced $250,000 for "small- and medium-sized businesses in the biomass product sector." Those communities and workers directly benefiting obviously like these announcements. And the national media simply ignore them, because they flood our inboxes so frequently.
But
It's not like there aren't banks out there willing to give loans. If it's a viable business, a private lender will give them the money for a good rate. Government should just get out of the way.
But sometimes government doesn't just finance an industry — it tries to dominate it.
Municipalities use plenty of tax dollars for this, too.
This year
This was also the first year of the city of Ottawa's food truck program — in which bureaucrats told private operators exactly where they must park, approved their menus and even dictated the size of the font on their signage.
Nobody expected Wynne to govern like a fiscal conservative. But when Harper doles out the pork like this, you know the battle is lost.
As Ron Paul noted in his final speech to the United States congress last November, "in spite of my efforts, the government has grown exponentially."
Sad but true. At least he tried. That's more than can be said about most Canadian politicians.
http://www.edmontonsun.com/2013/12/27/a-crony-capitalist-christmas
I hope most Ontarians remember Wynn's gift to poor, starving Cisco systems during the next election. If they have forgotten their fuel poverty creating policies they must have amnesia.
I gave up my hope for charity when I learned that charity is a business. And it is aimed at african children...
There are indian children in worse shape than african children.
Yet nothing goes to them.
Quote from: "Odinson"
There are indian children in worse shape than african children.
Yet nothing goes to them.
Some of the organizations in Canada that have charitable status is such a fucking scam.
Quote from: "Shen Li"
Quote from: "Odinson"
There are indian children in worse shape than african children.
Yet nothing goes to them.
Some of the organizations in Canada that have charitable status is such a fucking scam.
One charity that I doubts about is cancer research. What percentage of that money is actually being spent on r & d?
Quote from: "Shen Li"
Quote from: "Odinson"
There are indian children in worse shape than african children.
Yet nothing goes to them.
Some of the organizations in Canada that have charitable status is such a fucking scam.
Never ever give anything to the Unicef or red cross. If you wanna help some1, then establish a bank account in the bank near them. Or just appear bearing gifts like food... Canned goods.
Charity is a business. Many companies take part in charity because it reduces their taxes.
Quote from: "Odinson"
Quote from: "Shen Li"
Quote from: "Odinson"
There are indian children in worse shape than african children.
Yet nothing goes to them.
Some of the organizations in Canada that have charitable status is such a fucking scam.
Charity is a business. Many companies take part in charity because it reduces their taxes.
I never heard that about either of them Odie?
Quote from: "Fashionista"
Quote from: "Odinson"
Quote from: "Shen Li"
Some of the organizations in Canada that have charitable status is such a fucking scam.
Charity is a business. Many companies take part in charity because it reduces their taxes.
I never heard that about either of them Odie?
The vast majority of their funds goes to their big salaries and the rest are being raided by brigands. By vast majority, I mean over 80%.
I saw many destroyed UN armoured troop carriers. Painted white... Just laying in the ditch...
Quote from: "Odinson"
Quote from: "Fashionista"
Quote from: "Odinson"
Charity is a business. Many companies take part in charity because it reduces their taxes.
I never heard that about either of them Odie?
I saw many destroyed UN armoured troop carriers. Painted white... Just laying in the ditch...
Many churches spend much of their tithe money on salaries and overhead too.
Quote from: "Fashionista"
Quote from: "Odinson"
Quote from: "Fashionista"
I never heard that about either of them Odie?
I saw many destroyed UN armoured troop carriers. Painted white... Just laying in the ditch...
Many churches spend much of their tithe money on salaries and overhead too.
Big evangelical churches are big biz and not a fucking charity. Ted Haggard admitted that.
ALMOST ALL charities are a scam especially the red cross and those save an african child ones...i think the Salvation Army does real good work and deserves credit...one of the biggest scammers is my favorite shopping establishment...
Quote from: "Obvious Li"
Goodwill is another scam too. However, the organizations that are purely political and yet milk our charitable tax status are the Suzuki Foundation and all the various TIDES funded political NGO's. They are not even close to being charities.
The red cross, UNICEF, the church are all a hoax.
They always show some videos and pics of some little black babies with flies in their eyes this time of the year. Send 20e to your god child... Only to realize that she/he only gets a fraction of the money.
i particularly like the ones where some washed up has been celebrity walks around holding some little black baby and trying to extort the folks back home......stupid idiots should mind their own business....take lots of class A drugs and commit sucide...like a good celebrity should...... :ugeek:
You mean like Madonna... That old coot should stop.
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On New Year's Eve, Stephen Harper published a list of what he called his "accomplishments" in 2013. Strangely absent was any mention of integrity, transparency or accountability, or any plan to confront the ethics scandal that triggered police allegations of bribery, fraud and breach of trust among his most senior personnel.
He boasts about low taxes, but in fact he has increased the overall federal tax burden in each of his last four budgets. Small business owners, credit unions, consumers and middle-class families have all been hit. As just one prime example, higher EI payroll taxes every year since 2011 have already raked in an extra $3.6-billion from both employers and employees, and now the Conservatives are freezing EI rates at clearly excessive levels to collect even more revenue on-going.
Mr. Harper says he now has a grand plan to reduce the federal deficit, but when he first took office in 2006, Canada had been deficit-free for nearly a decade. He is the one who squandered that advantage. He overspent by three times the rate of inflation and put this country back into the red before the recession arrived in 2008. And that made dealing with the downturn much more costly. At the bottom line, the Harper regime has created more than $150-billion in new federal debt.
On the employment front, the labour force "participation rate" has fallen by a full percentage point since just before the recession, meaning 350,000 Canadians have dropped out of the job market. But still, the number searching for work today is more than 200,000 higher than pre-recession levels. Young Canadians especially are suffering double-digit joblessness.
Mr. Harper has the worst economic growth record of any Prime Minister since R.B. Bennett.
Mr. Harper claims credit for public infrastructure projects, but he fails to mention his cuts to the federal "Build Canada" budget - $1.5-billion cut in each of this year and next, and another $1-billion cut in the year after that. Infrastructure momentum has stalled.
He claims to be a friend of the Canadian Forces, but why then has his government bungled virtually every major military procurement project? Why are 90-year-old veterans having to hold public demonstrations against notoriously bad services? And why has former Defence Chief Rick Hillier called for a Public Inquiry into this government's lack of support for those struggling with PTSD?
The reality checks could go on and on. But the point is clear. Mr. Harper cannot "spin" his way out of the deep hole he has dug for himself. Trust has been shattered. A majority of Canadians now believe his performance is poor and they don't like where he's heading. That's the Harper legacy from 2013.
//http://www.huffingtonpost.ca/ralph-goodale/harper-achievements_b_4538059.html
Quote from: "Obvious Li"
They adopt black babies because it is cool at the moment. Of course rich celebs can provide a life of luxury to little black babies. Taking them from their mothers whom can only provide a living.
This is done only to look modern and cool. Pretty goddamn thoughtless.
They are not giving up their babies willingly.
It is bullshit, man...
Quote from: "Odinson"
Quote from: "Obvious Li"
They adopt black babies because it is cool at the moment. Of course rich celebs can provide a life of luxury to little black babies. Taking them from their mothers whom can only provide a living.
This is done only to look modern and cool. Pretty goddamn thoughtless.
They are not giving up their babies willingly.
It is bullshit, man...
Madonna is not raising an adopted child her staff is..
It seems that celebrities are doing this for reasons of ego and image in the press..
Perhaps I am too cynical, but I cannot help but question their motives.