2019 Election thread

[licks2nite]

Let me explain: A boom in home prices screws basically everyone in the general public.

Think about it for a minute.

You and your wife own a small, 2 bedroom "starter" house. You decide to have a family. You need a bigger house. Your house has gone up in value by 50% over the last 10 years. Good, right? Wrong! The new, larger house has gone up by the same percentage; in dollars it's gone up by much more!

50% of $100,000 is $50,000. But 50% of $200,000 is $100,000! Not only that but the property taxes have gone up by that same 50% and they're due every year forevermore into the future and, what's worse, the interest is due on the loan too.

So you say "well but I sell the $150,000 house and made $50k!" Ah, Grasshopper, but the $200,000 house is now $300,000, and you only have $150k! You got ****ed out of another $50,000; if there had been no price change your net requirement was another $100,000. It's now another $150,000 instead! SURPRISE!

Of course the Realtor loves this because 6% of $300,000 is 50% more money than 6% of $200,000. And the bank loves it too because they to charge a percentage interest on the principal, MSRs are typically computed not on a "dollars per loan" but as a percentage and similar. The insurance company loves you too, because the higher "value" means premiums go up, since if the house burns or is hit by a tornado the loss is higher. And the city loves it because millage is just a fancy word for percentage and they get it every year.

How do you win? Well, only one way: When you die! You see, if you move you sell your bubble house but you must replace it with something, and that's another bubble house! The only way you "win" is when you don't need a place to live, which only happens when you croak.

Complete article:
Fed Has Shovel, Digs Bigger Hole
Via Market-Ticker.org
https://www.market-ticker.org/akcs-www?post=237228

 

[storm rider]

Let me explain: A boom in home prices screws basically everyone in the general public.

Think about it for a minute.

You and your wife own a small, 2 bedroom "starter" house. You decide to have a family. You need a bigger house. Your house has gone up in value by 50% over the last 10 years. Good, right? Wrong! The new, larger house has gone up by the same percentage; in dollars it's gone up by much more!

50% of $100,000 is $50,000. But 50% of $200,000 is $100,000! Not only that but the property taxes have gone up by that same 50% and they're due every year forevermore into the future and, what's worse, the interest is due on the loan too.

So you say "well but I sell the $150,000 house and made $50k!" Ah, Grasshopper, but the $200,000 house is now $300,000, and you only have $150k! You got ****ed out of another $50,000; if there had been no price change your net requirement was another $100,000. It's now another $150,000 instead! SURPRISE!

Of course the Realtor loves this because 6% of $300,000 is 50% more money than 6% of $200,000. And the bank loves it too because they to charge a percentage interest on the principal, MSRs are typically computed not on a "dollars per loan" but as a percentage and similar. The insurance company loves you too, because the higher "value" means premiums go up, since if the house burns or is hit by a tornado the loss is higher. And the city loves it because millage is just a fancy word for percentage and they get it every year.

How do you win? Well, only one way: When you die! You see, if you move you sell your bubble house but you must replace it with something, and that's another bubble house! The only way you "win" is when you don't need a place to live, which only happens when you croak.

Complete article:
Fed Has Shovel, Digs Bigger Hole
Via Market-Ticker.org
https://www.market-ticker.org/akcs-www?post=237228

Cripes I feel 15 IQ points dumber from having read that ^......WTF has that got to do with a Federal Election?Dont participate in discussions beyond your comprehension.

SR

 

[80watts]

Government brides to the media.... Why?

Look at all the small town media closing.... People don't advertize in the paper, they advertize online..... Facebook, twitter and other electronic social media, are stealing all the advertizing dollars. What Trudeau did was keep put money into the media to keep reporters employed, searching out stories, being non-partisan, giving both sides of the story.

You have to have a free press, to keep the government honest. If the conservatives won they would of kept up the money to the media too. Reason being the false information running around the internet. It needs to be controlled and kept to a minimum, for the chaos it can cause.

Truth, something we should all believe in, something we all fail at; as we have all lied about something in our past.

In Canada we still have our right of free speech as long as we do not proclaim false statements about other peoples' charactor (Slander).. .. In the house of Commons, you can say anything inside during debate, but outside watch your tone and what you say as an MP. Spreading malicious lies about another person is slander, and you can be held accountable in court for what you say and write...

Look at how polarized the US is right now, it due to the media being controlled by right wing media monguls, who have an agenda of republican causes... Its not black and white, its all turning to grey and the facts are being obscured.....

 

[Bobby1968]

We have never had free speech in Canada as in the United States. For one, as UK, Canada’s antiquated libel laws make serious critique of the powers that be difficult to impossible. Truth is no defence. Now with so-called hate speech, any critique of certain subjects (e.g. Islam, TERFs, migrants) is perilous.

 

[overdone]

That's just not true.

First of all, most of the media in Canada is right wing. Basically, every private network, and every newspaper except the Toronto Star, are under standing orders to endorse the Conservatives..

the media owners, might be, private ones, the CBC certainly isn't, it has as large a footprint as anyone else

but like a newspaper columnist recently said, even if the "owners" are on the conservative side

most of the "workers" certainly are not, even when they appear to be, they clearly have more Liberal tendencies

that is clear, even in the Sun, Post Media publications

Government brides to the media.... Why?

Look at all the small town media closing.... People don't advertize in the paper, they advertize online..... Facebook, twitter and other electronic social media, are stealing all the advertizing dollars. What Trudeau did was keep put money into the media to keep reporters employed, searching out stories, being non-partisan, giving both sides of the story.

You have to have a free press, to keep the government honest. If the conservatives won they would of kept up the money to the media too. Reason being the false information running around the internet. It needs to be controlled and kept to a minimum, for the chaos it can cause.

Truth, something we should all believe in, something we all fail at; as we have all lied about something in our past.

In Canada we still have our right of free speech as long as we do not proclaim false statements about other peoples' charactor (Slander).. .. In the house of Commons, you can say anything inside during debate, but outside watch your tone and what you say as an MP. Spreading malicious lies about another person is slander, and you can be held accountable in court for what you say and write...

Look at how polarized the US is right now, it due to the media being controlled by right wing media monguls, who have an agenda of republican causes... Its not black and white, its all turning to grey and the facts are being obscured.....

first off Trudeau did it to bribe the workers, they in a large case are union workers, Unifor, who's union/boss has vocally claimed to be the enemy of the conservatives

the conservatives keep wasting money on bribes for the media, I wouldn't be so sure, they weren't getting any support politically from them anyway, what would be the point?

we're already wasting a billion+ on the CBC, it isn't getting us any value

while there are some things the gov't could do to level the playing field, subsidies aren't one of them

that just keeps allowing them to continue their inefficient ways

how many weather people do they really need? TV, how many anchors? ect...

read a paper lately, repeat stories, they buy stories from other org's, allowing the Sun to merge with other papers to form postmedia, should have never happened

they are basically the same paper with minuscule differences, layout, it's a joke now

an old joke, well not really, a sad fact, from the past, CBC would show up to a street shoot with 8 people, private org, 2

that's what more money gets you, not better quality/honest, unbiased, both side, all sides of the story

you want to know where that billion is going in the CBC, it's going to executive bloat, salaries/benefits, not programming

 

[licks2nite]

Cripes I feel 15 IQ points dumber from having read that ^......WTF has that got to do with a Federal Election?Dont participate in discussions beyond your comprehension.

SR

You don't understand the implications of what goes on behind the election. All the things that you voted for without considering what's been done on governments watch.

 

[licks2nite]

The momentum pushing for the overhaul of the financial system from its current disorderly state of unbounded speculation (amounting to over $1.5 quadrillion of derivatives) towards a “reformed central bank-driven” system of green finance is moving startlingly fast. The fact that this momentum is both coming from “top down” echelons of the City of London as well as the “bottom up” anarchist mobs of Extinction Rebellion is also not a coincidence as it has now been firmly proven that both are coordinated by the same billionaire speculators who created the economic bubble of an economy now ripe to blow.

In the case of Mark Carney’s Bank of England, the former Bank of Canada governor/Goldman Sachs man has recently led the hectic campaign for a green digital crypto-currency to replace the bankrupt US dollar. Since his announcement of this crypto plan on August 22, the Bank of Canada quickly fell into line declaring its support of the agenda on October 15.

Economics is not digital. It is not even monetary. Hell it is not even resource-based. Of course, resources, money and even digital currencies may play important roles in an economic system, but the system’s viability- what we may call the “cause of value”, is not premised upon any of those things. This fact was understood more widely in the thirty post WWII years among trans-Atlantic nations. But with the 1971 floating of the US dollar off of the gold standard and onto speculative markets, the new paradigm of “money-first, reality second (or never)” was unleashed and nations stripped of their qualified leaders soon also became stripped of their real assets as well as their ability to generate credit for long term infrastructure or impose protective tariffs in defense of their own interests- both practices officially banned by NAFTA, the WTO and the EURO-cage.

Why didn’t more people fight throughout the 1970s, 1980s, 1990s, and 2000s against this collapse of manufacturing, decay of vital infrastructure and the loss of those very practices which created the foundations first world living standards which generations unborn required to survive?

It is no secret that Carney as well as French Finance Minister Bruno LaMaire have recently stated that if a Global Green New Deal is not imposed quickly then China’s New Silk Road will become the basis of a new post-Bretton Woods system.

The reason why those countries led by Russia and China are jumping on board a New Silk Road is because the paradigm governing it is premised upon REAL VALUE! By lifting people out of poverty (800 million in China alone), and valuing the creative powers of mind which multiply their opportunities of action when given a pro-industrial growth-oriented paradigm, these Eurasian powers have tapped into the source of value which guided the west in the post WWII years.

The only reason why the Bank of England’s green digital currency is taken seriously at all today is because westerners have become so psycho-spiritually detached from reality during the years since the “consumer society cult” led people to believe that a nation could magically exist as a services economy without producing.

Complete article:
Carney's Green Crypto Currency: Prelude To A Financial Meltdown
Authored by Matthew Ehret via The Strategic Culture Foundation
https://www.strategic-culture.org/n...o-currency-precursor-to-a-financial-meltdown/

 

[rlock]

Ok if you think that the Majority of the Media in Canada is "right wing" or "Conservative leaning" you are just plain fucking delusional.The only Media that would be called "Conservative" that got to ask questions after the English langauge debate was Rebel Media and Rebel Media had to launch a court action to be able to be there and ask questions and not a week after the election the Trudeau government is filing an appeal to have that decision overturned.

The Media in Canada is so left wing biased it is off the charts,the only person at the CBC who has the balls to ask tough questions of ANY Lieberal government is Rex Murphy.As for the Toronto Star it is the Red Star as for how Lieberal biased it is.
Canadian Media got handed a 580 million welfare package from Trudeau and they DONT bite the hand that feeds them as they sure as fuck dont sell a lot of actual physical news papers these days.

SR

The only delusional one is you. I mean I guess living in the Aryan Republic Of Alberta, the right is the center and the far right is the right, so you see nothing else. Rex Murphy is a deranged old coot who thinks climate change is a hoax, and should have retired a decade ago. Same goes for Diane Francis.

I can see that the Toronto Star is center-left; the Grope & Flail being "center" is abnormal. They are a big-business oriented paper too, so calling them "left" is a mistake. They were traditionally also right wing, but the definitions of "right wing" have slipped over the years so that anyone that hasn't got a 24/7 hard-on for Stephen Harper or Donald Trump is called "leftist" by the people who do.

Postmedia has been a Conservative-aligned media group since at least the days when Conrad Black owned it.

As for Huffington and Buzzfeed, they are on the left side, but they are also American organizations at heart, and not real Canadian journalism anyway.


Anyone who thinks that Postmedia (Financial Post, National Post, Vancoyver Sun & Province) is not a right wing news group should read this:

https://www.canadalandshow.com/the-conservative-transformation-of-postmedia/


Yeah, the workers do not always share managements views, but that because they're actual journalists, not the ideological thugs they call editors & content managers. The ones who are too different, who write dissenting articles on subjects that management doesn't want covered (like the environment) end of fired (like Stephen Hume). Every election, Postmedia's endorsement of the right wing contender is predictable; the rest of the time, they do things like treat people in Vancouver to more and more "guest editorials" from the Calgary Herald, but rest assured Vancouver's opinions will never be heard in Cowtown.


Anyone who thinks the Sun papers, or Rebel Media, are "centrist" should seek psychiatric help. They are far-right, and Rebel Media is not even a real journalistic organization, it's a propaganda mill. Thanks to the influence of dark money (mainly from Big Oil), such bullshit outfits are springing up like mushrooms:
https://pressprogress.ca/right-wing-media-outlet-accredited-for-leaders-debate-is-also-registered-as-a-charity-for-immigrants/


In short, propaganda mills are cheap and both left and right can say they have a legion of those. They don't care about facts, so they can just make shit up, like the glorified trolls they are.

So-called "legacy journalism" was the recipient of that $600M because they are supposed to still be reporting actual facts and collecting actual evidence, and that's expensive to produce.
But even the "legacy" organizations are failing, and have too much top-down ideological control of what their reporters are allowed to report.



I will agree with Overdone on one thing: Postmedia and the Sun media group should never have been allowed to merge.
Postmedia controls something like 90% of all English language newspaper coverage in Canada, and in many cities they control the only major newspapers. (Things like Burnaby Now and Surrey Leader do not count, as they are not city-wide.)

I personally think no media company should never be allowed to own more than one newspaper in any major market (such as owning the Vancouver Sun and Province). Postmedia should be broken up, at least to create local competition in every major market. And by competition, I don't mean commercial competition, I mean competition of different ideas.

And that means among real journalists, not the propagandists like Rebel Media, nor the glorified gossip columnists at Buzzfeed.

 

[rlock]

Reminds me of a while back when the National Post (clearly a "Left Wing" paper) endorsed the Conservatives (one of Harpers elections) prior to the election. Fine, that's their prerogative - just shows their true colours to the readership.

So, Andrew Coyne the editorial editor at the time disagreed with this endorsement and wrote an opinion piece that had his contrary opinion. The National Post refused to publish the article - now that's a fine way to go about things eh?

As for the Rebel - fuck me, if anyone other than a bunch of delusional, mouth breathing, oil soaked, dyed in the wool, Capital fucking C CONSERVATIVE!, Albertans actually pay any attention to that horseshit, then we really do have a problem in this country with media literacy.

Coyne tends to be either a "red Tory" or "blue Liberal", depending on the issue and current government in power.
This election, he was grinding the Liberals pretty hard on the SNC issue, on deficits (as always), and how every (non BQ) party was trying to dodge the bill 21 issue.

 

[storm rider]

On a different tangeant...here is a fun fact.....every single MP who got elected in 2015 but did not get re-elected does not qualify for the solid gold MP pension plan.Every MP has to have 6 years served.So every MP who lost and only had four years gets a severance package of between $85,000-$92,000 and the actual pensions of incumbent MP's like Ralph Goodale is off the fucking chart.That particular Lieberal pig at the trough will get $178,000 a year for his MP pension per year till the age of 90.

Taxpayers like me/you/them are on the hook for that....and I dont like it when it is compared to Canadian Society and what taxpayers get back.Regardless of which Party hold power be it the Cons/Libs(wont ever be the NDP/Greens) all they do as the people that represent us as Constituents just plain FUCK US OVER in one way or another.

In the grand scheme of things Governments are self serving and ever bloating be it Municipal/Provincial/Federal.....they dont discriminate when it comes down to squandering tax revenue whilst feeding at the trough like pigs.

SR

 

[overdone]

Anyone who thinks that Postmedia (Financial Post, National Post, Vancoyver Sun & Province) is not a right wing news group should read this:

they must have heard you

they've sunk to a new low, they have apparently run out of women who want to be sunshine girls, or at least repeated women, can't count how many lately have been one 10X or ones they just repeated, like some of their articles

so I guess the sunshine boy is sorta back :noidea