Adrian Dix wants to tax banks

[Rwede]

Good Lord! If the wealthy paid their fair share, we wouldn't be in the mess we are in now.


Un-freakin'-believable.

[sooperphreek]

life being not fair is something that people are willing to deal with. but when things are not "right" and "wrong" then the angst starts to bubble to the surface. and you have what happened in the middle east with all the uprisings. except here we had direct democracy and we "the majority" voted against keeping a flawed tax around despite all the droppings of manna from above everyone says that there was going to be. banks make money every time we use their services. but they have a model that gouges you at every possible turn. and perhaps that money of ours should be cycled back into the public coffers through taxes instead of the banks creating mega banks. it seems like there becomes less and less competition every day because everyone is merging with someone else.

[Rwede]

life being not fair is something that people are willing to deal with. but when things are not "right" and "wrong" then the angst starts to bubble to the surface. and you have what happened in the middle east with all the uprisings. except here we had direct democracy and we "the majority" voted against keeping a flawed tax around despite all the droppings of manna from above everyone says that there was going to be. banks make money every time we use their services. but they have a model that gouges you at every possible turn. and perhaps that money of ours should be cycled back into the public coffers through taxes instead of the banks creating mega banks. it seems like there becomes less and less competition every day because everyone is merging with someone else.

And yet Canada's banking system is revered as the best in the western world.

You socialists like to screw everything up you can get your hands on, don't you?

[The Green Barbarian]

life being not fair is something that people are willing to deal with. but when things are not "right" and "wrong" then the angst starts to bubble to the surface. and you have what happened in the middle east with all the uprisings. except here we had direct democracy and we "the majority" voted against keeping a flawed tax around despite all the droppings of manna from above everyone says that there was going to be. banks make money every time we use their services. but they have a model that gouges you at every possible turn. and perhaps that money of ours should be cycled back into the public coffers through taxes instead of the banks creating mega banks. it seems like there becomes less and less competition every day because everyone is merging with someone else.

And yet Canada's banking system is revered as the best in the western world.

You socialists like to screw everything up you can get your hands on, don't you?

No Richard - just anything that makes money. Their little socialist brains can help themselves - they are wired to attack any system that makes money and destroy it. They can't stand to see anyone make money anywhere, and so they go into attack mode whenever this happens. It all comes from an innate sense of jealousy - they automatically hate anyone who has more than they do as this just isn't "fair" or "right". So get rid of any incentive for anyone to try to make money - then everyone is equally miserable -that's socialism in a nutshell - the equal sharing of misery.

[Rwede]

life being not fair is something that people are willing to deal with. but when things are not "right" and "wrong" then the angst starts to bubble to the surface. and you have what happened in the middle east with all the uprisings. except here we had direct democracy and we "the majority" voted against keeping a flawed tax around despite all the droppings of manna from above everyone says that there was going to be. banks make money every time we use their services. but they have a model that gouges you at every possible turn. and perhaps that money of ours should be cycled back into the public coffers through taxes instead of the banks creating mega banks. it seems like there becomes less and less competition every day because everyone is merging with someone else.

And yet Canada's banking system is revered as the best in the western world.

You socialists like to screw everything up you can get your hands on, don't you?

No Richard - just anything that makes money. Their little socialist brains can help themselves - they are wired to attack any system that makes money and destroy it. They can't stand to see anyone make money anywhere, and so they go into attack mode whenever this happens. It all comes from an innate sense of jealousy - they automatically hate anyone who has more than they do as this just isn't "fair" or "right". So get rid of any incentive for anyone to try to make money - then everyone is equally miserable -that's socialism in a nutshell - the equal sharing of misery.

I guess Soopy doesn't understand why all the little banks in the US went broke, while the bigger Canadian banks fared so well during the debt crisis.

[NAB]

No matter how one spins it or maneuvers it around by whatever taxation regime, what we are doing (as a society) and regardless of political ideology, is absolute insanity. IMO what has to be done is that individuals, families, businesses, market players, and yes even government.... have to curtail, or have imposed on them a severe curtail, of borrowing and spending immediately in the endless cycle of consuming and trying to "keep up with the Joneses". Get rid of the credit and debit cards and other none cash or borrowing methods, operate on cash on the barrelhead only, start to eliminate accumulated debt immediately, and go beyond that and save, save, save - not out of what is left but right off the top. It will hurt the economy for a while no question, but IMO is the only salvation in the long term.

Savings and accumulated capitol are what should be feeding investment and any spending, not borrowings or robbing peter to pay paul.

Nab

[flamingfingers]

And what annoys the he** out of me is those of us who have been responsible, have planned for our retirement and have not carried debt over are seeing our security chewed away at through added fees, administrative services, carbon tax, ad nauseum because the government who is 'supposed' to be fiscally prudent and responsible have thrown gobs of our money at corporations, friends, their own salary increases and a multitude of other expenditures that return almost zip to revenue. Sure they promise that 'down the road' we will reap untold benefits. What they are is anyone's guess. They have certainly not been explicit. We who have been careful and have saved and sacrificed in previous years are now being penalized. Maybe a more accurate word would be 'fleeced.' Bah! Bah!.

[sooperphreek]

the reason our banks fared so well as opposed to the united states is because fundamentally we are more socialist leaning in Canada. we adopted alot from our commonwealth forefathers in the UK who ironed out a lot of the kinks and who had a social philosophy. as a result the banks in Canada have more red tape and regulations, which is good. if we were like good ole US - our banks would have collapsed because they could pop up overnight cooking numbers. then spread too thin, thus defaulting and make it harder for everyone at the end of the day because the public had to bail them out to keep afloat. because the company or "shell" declared bankruptcy. thank god above we dont have as free of banking and enterprise as the US which is broken and ineffective.

[Bagotricks]

the reason our banks fared so well as opposed to the united states is because fundamentally we are more socialist leaning in Canada. we adopted alot from our commonwealth forefathers in the UK who ironed out a lot of the kinks and who had a social philosophy. as a result the banks in Canada have more red tape and regulations, which is good. if we were like good ole US - our banks would have collapsed because they could pop up overnight cooking numbers. then spread too thin, thus defaulting and make it harder for everyone at the end of the day because the public had to bail them out to keep afloat. because the company or "shell" declared bankruptcy. thank god above we dont have as free of banking and enterprise as the US which is broken and ineffective.

This is a good point. If we had the types of banks and markets that some groups ideally want, a good number of Canadians wouldn't have homes now either.

Us socialists want to "attack people making money" is the threads opposing views theme. If it wasn't for us keeping a tight leash on our banks like true souless commies, they would have gladly sold mortgages to people without jobs as well.

[Nebula]

And what annoys the he** out of me is those of us who have been responsible, have planned for our retirement and have not carried debt over are seeing our security chewed away at through added fees, administrative services, carbon tax, ad nauseum because the government who is 'supposed' to be fiscally prudent and responsible have thrown gobs of our money at corporations, friends, their own salary increases and a multitude of other expenditures that return almost zip to revenue. Sure they promise that 'down the road' we will reap untold benefits. What they are is anyone's guess. They have certainly not been explicit. We who have been careful and have saved and sacrificed in previous years are now being penalized. Maybe a more accurate word would be 'fleeced.' Bah! Bah!.

The reality is that handouts to corporations and best buddies and raises to MLAs amounts to peanuts compared to the biggest expenditure, healthcare. Education is right up there too. Both programs are cash cows.

[steven lloyd]

The reality is that handouts to corporations and best buddies and raises to MLAs amounts to peanuts compared to the biggest expenditure, healthcare. Education is right up there too. Both programs are cash cows.

That is absolutely true. On the other hand, the reality is that handouts to corporations and best buddies and raises to MLAs, etc., while claiming there is no money sets a bad tone for negotiations and confirms their absence of good faith in any efforts at bargaining ( "gosh - we had no money but now I have an assistant" "wow - how did that happen?" ). Actually, setting a bad tone doesn’t really describe it, does it? It’s more like saying “look, we’ve got everyone duped into believing it is actually the unions who are greedy and the cause of all our fiscal problems ( despite the real evidence we’ll not mention here) . You guys are hooped. The majority of the electorate are brain dead and plugged into reality TV and they’re on our side.”

[Nebula]

Don't mistake my previous post for condoning that type of behaviour.

[steven lloyd]

Don't mistake my previous post for condoning that type of behaviour.

I'm glad you got the point. I wish more were able to.

[Smurf]

What scares me the most is that our banks are buying up these defunct US and other banks. I am very fearful that more and more they are exposing themselves to the problems of these other systems and undermining ours.

[sooperphreek]

thats probably the point. to undermine things and get what they want.