Saturday, March 27, 2021

$49.6 Billion for Debt-Interest Costs by Federal & Provincial Governments



The Fraser Institute and authors Jake Fuss, a senior economist and Steve Lafluer, a senior policy analyst on February 25, 2021, published their research report on the combined interest payments for debt annual for the federal and provincial Canadian governments.

Summary
  • In recent years, deficit spending and growing government debt have become a trend for many Canadian governments. Like households, governments are required to pay interest on their debt.
  • In aggregate, the provinces and federal government are expected to spend $49.6 billion on interest payments in 2020/21.
  • Residents in Newfoundland & Labrador face by far the highest combined federal-provincial interest payments per person ($2,604). Quebec, Canada’s second-most populous province, is the next highest at $1,417 per person.
  • The federal government alone will spend $20.2 billion on debt servicing charges in 2020/21, which is roughly equivalent to what the government expects to spend on Equalization ($20.6 billion) and collect in Employment Insurance Premiums ($21.5 billion).
  • Ontarians are projected to spend $20.3 billion on combined federal and provincial interest costs in 2020/21, which is more than the province will spend on infrastructure this year.
  • Meanwhile, total expenditures on interest costs for Albertans ($4.8 billion) is close to the expected spending on advanced education in the province. Combined federal-provincial interest costs for British Columbians ($5.5 billion) are more than what the province expects to spend on its Medical Services Plan this year.
Please read the full report @ 

https://www.fraserinstitute.org/sites/default/files/federal-and-provincial-debt-interest-costs-for-canadians.pdf

 

Thursday, March 18, 2021

Cancel Culture and Censorship Manipulation by Teck Corporations Have Forgotten History!

 





North America’s youth (Canada and the USA) are being used as pawns, guided and directed by Academia Political Operatives combined with the selective use of censorships by the insidious techniques of algorithms conceived by social media tech corporations in their attempt to dominate world politics.

Such electioneering of the education system and intimidation techniques used by previous totalitarian methods in the 1900 hundreds by the Fascist, and Nazi political parties, use of youth for full control of all phases of life throughout North America is nothing new as it led to war back in 1933. Remember?

Political Party’s today, thanks to the Chinese Covid19/21 continue to maintain their power over the lives of the people they were supposedly elected to work for, NOT CONTROL THEM, by fear, coercion, and mass manipulation.

Today's media has become the propaganda arm of their respective political party, namely the socialist progressive liberal platform philosophy and the theory for a Socialist World System of alliance and domination of the masses in my opinion.

As this theory, throughout history, has been proven to be nothing more than deceptive rhetoric based solely on a curious mixture of doctrine, theory, and dogma.

Much like and very similar to that of the now redefined Cancel Culture theory used today by BLM; MeToo; Cancel Culture; Antifa and other such groups. All of course directly and fully supported by the media and the Political Democratic Party, the Liberal Party or Progressive Socialist Liberal Party etc.

Further for me, it is history repeating itself and designed once again, today, to convey to the masses supremacy of one political party’s theory and philosophy.

Using the new tools of social media’s deceptive and one-sided political rhetoric propaganda and combined with the insidious techniques of  algorithm censorship, their attempt is to portray all those with different views, thought or religion the new symbol of all that is hated and feared as the enemy of all classes of society, except, of course, their own chosen class of those who bow down to the whims of mob rule, BLM, Antifa, Cancel Culture, etc.

Throughout 2020 and now continuing into 2021 we have witnessed large numbers of ordinary people, including women, involved in looting, rioting, burning, plundering, stealing goods by picking them, up after they have been thrown out of stores onto the streets in Cities and Towns across North America.

All of these ordinary people, the vast majority of them POC, from all the pictures, benefited from the destruction, theft, and burning of other ordinary peoples property and livelihood destroyed and ruined by these other ordinary people who claim to be entitled to such uncivilized behaviour etc.

Further many of these rioters including, some egged on by organized peer pressure groups, are of the belief that “White people and Republicans are our misfortune” and “Time to put them in their place and give black people preferred justice.”

It is long past the time that we must all ask “Why have so few people to date stood up to protest or speak out against these continued riots, looters, and violent protesters?

Why has our elected representative remained largely silent, passive to date?

These non-responses by our elected officials and the wider population has also made it possible to continue and this is what must still give us cause for thought today, in my opinion, as history is repeating itself, NOT in Europe or Germany yet rather here in North America.

As in the past, specialty in Germany in The ’30s, elected leaders have by their silence condoned and introduced a hostile environment and initiated practical measures, through legislation or appeasement of violence, to establish an ethnically defined “people’s community.”

By being largely compliant, for whatever reasons, those who were not excluded helped to create an even more hostile environment – one in which it was possible to carry out looting, burning and riots in broad daylight without significant intervention on behalf of the persecuted. WHY?

Defund the Police is the whipped-up cry from these active Minorities, Anarchists, Black lives matter, MeToo, Antifa, and Cancel Culture members. They are not only prepared to engage in violence but also have the physical means weaponry to do so against their fellow humans. These people are infused with hatred, anti-white, and NOT peaceful.  

Finally, and in my humble opinion, all people as individuals have lives, believes, opinions, relationships, families have the inherent right, constitutionally and legally, to reject or accept legal social trends and have that right and freedom to make choices without being bullied, coerced, intimidated or censured by either side of any issue. 

FACT IN LAW: “Private corporation" like the tech companies of today does not always mean absolute dominion. Because the more these private tech companies (owners), for their own advantage or the advantage of a specific political party, opened up their platforms, forums, and media communities (property) for use by the public in general and worldwide, the more has their so-called private corporation rights become circumscribed by the statutory, legal, and constitutional rights of those who use it.”

And for all you Trump haters out there keep these facts in mind:

Biden said the Trump administration “had contracted for not nearly enough vaccine to cover adults in America.”

While Trump was still in office, his administration had agreements in place to buy 400 million doses of authorized vaccine, or enough to inoculate about 200 million people. That wouldn’t cover the U.S. adult population.

However, KHN-PolitiFact reviewed the Trump administration’s Operation Warp Speed contracts and found those included enough vaccine doses that, once cleared for use by the FDA, would inoculate about 550 million people — more than double the U.S. adult population.

Here’s what the Trump team’s contracts called for drugmakers to supply to the U.S. government:

Pfizer-BioNTech: 100 million doses (two-dose regimen)

Moderna: 100 million doses (two-dose regimen)

Johnson & Johnson: 100 million doses (one-dose regimen)

AstraZeneca: 300 million doses (two-dose regimen)

Novavax: 100 million doses (two-dose regimen)

Sanofi-GlaxoSmithKline: 100 million doses (one- or two-dose regimen)

https://khn.org/news/article/fact-check-president-joe-biden-criticism-of-trump-administration-vaccine-contracts-and-supply-not-accurate/