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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Richnorth who wrote (1333)2/3/2005 1:54:47 AM
From: RMF  Read Replies (2) | Respond to of 224706
 
Ah..gee...can we just borrow a couple TRILLION more so we can privatize Social Security?



To: Richnorth who wrote (1333)2/3/2005 9:42:24 AM
From: longnshort  Read Replies (2) | Respond to of 224706
 
Here is yet another account of Kerry low-tipping. Just 8%. Snapped his fingers when he wanted service:

bitterwaitress.com



To: Richnorth who wrote (1333)2/3/2005 6:02:50 PM
From: Wayners  Respond to of 224706
 
Oh you mean debt like this hypocrite?

That Canadian National Debt , James Bredin, April , 1999

Canada has a national debt of $600 billion. We spend more than a quarter of our public revenue, $40 - $50 billion a year, to service this government debt. That is more than Ottawa spends on old age pensions, medicare and unemployment benefits combined. Your yearly tax bill, just to service this debt is $2,400. Your newborn baby's portion is also $2,400. That is just servicing the debt - nothing paid off the principal. The debt stays the same. And all the time our prime minister and federal politicians jump up and down and proclaim how great they were to have balanced the budget. Canada has the second-largest public debt, relative to the size of our economy, of any leading industrial nation (Italy's is worse).

Each Canadian faces a debt of approximately $20,000 as his/her share of the $600 billion as soon as he/she is born. Canada could run into problems if for some unknown reason the interest on this $600 billion debt jumps due to political uncertainty or because of war, as is going on in that basket-case-country Yugoslavia; Yes war is very expensive in money and lives, even if it is for politically correct human rights.

Rich countries can afford a war. Poor countries should learn to negotiate and concentrate on their debts. Our debt servicing costs could skyrocket, our narrowly balanced budgets could plunge into the red again and our already monstrous debt could double again; It has doubled since 1990.

modena.intergate.ca