The Effect of the Wonderful World of Unfettered Capitalistic Greed on the Housing Market

[jalimon]

So if you hate rich people like Musk, Bezos, etc...you have the freedom to not buy their products or use their services. Capitalism inspires innovation.

Musk, Bezos, Gates are pure cunt. They would be on fire I would not piss on them. Much of their close family would not either.

There is a difference between paying your share due in taxes with being happy that you went to space in a penis capsule while your employee needs to piss in a bottle to make production goals.

I am a capitalist. I have built a company that still exist with employees in 5 different countries (mostly Canada and Portugal). Yet I am intelligent to understand that you can only eat one steak per day. Or ideally every other day. The rest of the time you should give your steak to people in need.

 

[jalimon]

Hydro 1...province owns 47%.

Now back to the question... If the model of Ontario Hydro worked so well, why did they get rid of it?

Maybe because the model had proven to be stable and after many years they could share part of the profit to the private industry, while maintaining a big portion of the power over Hydro 1.

What is your solution to avoid having tent campground in the middle of the city? Do you think we can rely on the developers to solve it? These guys are not crazy they won't do anything without huge profits down their pockets. Which is fine but will never meet demands.

By the way what I am suggesting exist in many European countries as over there they hardly have any homeless in their street.

 

[richaceg]

So I asked you how you'd balance the budget. Not the same diatribe about Trudeau this, lefties that etc. Answer it based on actual ground realities that the administration faced with a pandemic etc over the last 9 years. Go ahead.

Capitalism in a nutshell.

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Your argument is full of stupidity....you are not asking the Trudeau govt why the budget isn't balancced yet you would ask me how? Imagine that....the notion that only the 1% will be hit by the capital gains is also stupid....there are middle class who will get hit by it....so what has the govt has show you so far that you think I might have a better idea how to.

 

[jalimon]

Your argument is full of stupidity....you are not asking the Trudeau govt why the budget isn't balancced yet you would ask me how? Imagine that....the notion that only the 1% will be hit by the capital gains is also stupid....there are middle class who will get hit by it....so what has the govt has show you so far that you think I might have a better idea how to.

You need to learn more about that new capital gain higher tax. I am currently in the process of selling a small building for 850k and you know what... It won't affect me. I spare you the details but believe me it won't affect many people.

 

[Skoob]

Musk, Bezos, Gates are pure cunt. They would be on fire I would not piss on them. Much of their close family would not either.

There is a difference between paying your share due in taxes with being happy that you went to space in a penis capsule while your employee needs to piss in a bottle to make production goals.

I am a capitalist. I have built a company that still exist with employees in 5 different countries (mostly Canada and Portugal). Yet I am intelligent to understand that you can only eat one steak per day. Or ideally every other day. The rest of the time you should give your steak to people in need.

How much steak is reasonable to share with people if I'm already sharing more than half of what I have?
How much should I share compared to you?
What if I decide not to buy steak and prefer you buy it for me because that's easier for me?
Why should my neighbour get more steak than me?
I think I deserve more than my neighbour, well...just because.
What if everyone wanted free steak? How would that work?
What if I invented a product that was better than steak and invested in producing it with all the associated risks and everyone liked it and wanted it. Why should I share that wealth with someone who did nothing?

btw You completely missed my point about those people I mentioned and went full emotional reaction.

You're not a capitalist. You're a socialist who earns a living from capitalism. I know...ironic.

 

[Skoob]

You need to learn more about that new capital gain higher tax. I am currently in the process of selling a small building for 850k and you know what... It won't affect me. I spare you the details but believe me it won't affect many people.

In other words...you believe in taxation for the benefit of society so much that you figured out a way to avoid paying it.
Congratulations!

 

[jalimon]

In other words...you believe in taxation for the benefit of society so much that you figured out a way to avoid paying it.
Congratulations!

Nope. It just does not affect me. No avoidance was needed dude.

 

[jalimon]

You're not a capitalist. You're a socialist who earns a living from capitalism. I know...ironic.

This is exactly what makes a great society. If all ass holes capitalists like me were indeed fundamentally socialist we would all be better off believe me.

 

[Skoob]

Nope. It just does not affect me. No avoidance was needed dude.

So you are using your own isolated case to feed a narrative that implies the tax really doesn't affect anyone, which begs the question then way implement it at all?
Are you saying that it won't affect anyone just because for whatever reason it doesn't affect you?

 

[Skoob]

This is exactly what makes a great society. If all ass holes capitalists like me were indeed fundamentally socialist we would all be better off believe me.

You mean if all people who were successful would just hand over their hard earned money to someone else we would all be better off?
In other words, the basis of communism.
Disagree?
Prove otherwise and not with just a few words. Really explain how punishing people because they have greater wealth is a good thing and how that differs from communism.

 

[richaceg]

So you don't know anything. As usual. Why am I not surprised.

Looks like I know more than you...uou still haven't fins out how the budget will balance itself? 9years? I wonder if arrive can app help balance it little bit...

 

[Skoob]

So I asked you how you'd balance the budget. Not the same diatribe about Trudeau this, lefties that etc. Answer it based on actual ground realities that the administration faced with a pandemic etc over the last 9 years. Go ahead.

The point that you clearly missed here is not how to balance a budget...but the fact that Trudeau said "the budget will balance itself" to his flock of supporters who remained blissfully unaware that what he was saying was nonsense. But they voted for him anyway.
So he's either stupid, or his supporters are...or both.
btw that was in 2014...6 years before the pandemic.

So when you criticize someone like Poilievre for not speaking more about his policies yet...it appears that you prefer being lied to instead.

 

[richaceg]

Nope. It just does not affect me. No avoidance was needed dude.

Nice of you who thinks just because it does t affect uou, it won't affect everyone else.. .carbon tax capital gains tax....etc etc what's next? So again, will these tax schemes the secret formula to balance the budget? So not really balancing ..

 

[richaceg]

Big whoop. Balancing the budget is less important that taking care of the people. And also this is a cherry picked rightie lie to pick a few words out of context as if these idiots have any clue about anything. Here is the full quote:

"The commitment needs to be a commitment to grow the economy, and the budget will balance itself. This way [the way the Conservatives were doing it], they're artificially fixing a target of a balanced budget in an election year and they're going through all kinds of twists and bends to get it just right, and the timing just right in the announcement. And that's irresponsible. What you need to do is create an economy that works for Canadians, works for middle class Canadians, allows young people to find a job, allows seniors to feel secure in their retirement."

Nothing Trudeau said there was wrong.

Yes you know the talking points without the fact checks. That's pretty much it. Thanks for proving my point.

talking points? so tell me then... what has trudeau been doing for 9 years why he needs to tax more? no more budget?frivolous spending on apps that was overprices 1000x...paying influencers?
Please tell me you didn't fall for this...

 

[Skoob]

Big whoop. Balancing the budget is less important that taking care of the people. And also this is a cherry picked rightie lie to pick a few words out of context as if these idiots have any clue about anything. Here is the full quote:

"The commitment needs to be a commitment to grow the economy, and the budget will balance itself. This way [the way the Conservatives were doing it], they're artificially fixing a target of a balanced budget in an election year and they're going through all kinds of twists and bends to get it just right, and the timing just right in the announcement. And that's irresponsible. What you need to do is create an economy that works for Canadians, works for middle class Canadians, allows young people to find a job, allows seniors to feel secure in their retirement."

Nothing Trudeau said there was wrong.

Yes you know the talking points without the fact checks. That's pretty much it. Thanks for proving my point.

Nothing wrong? Out of context?
There was no context because he was speaking nonsense to make his supports feel good. All he did as usual was blame conservatives and say the budget will balance itself without explaining how that would happen. Everything he said after that has nothing to do with balancing a budget. It's vague motherhood statements to appease the uneducated.
btw he said "the budget will balance itself" by 2019. He missed that target by $20 billion.

You take care of people by balancing a budget so that there is more money going to people rather than paying off the interest on debt. He's had a decade to do that and has failed miserably.

And guess what...10 years later, the budget has not balanced itself.

 

[Frankfooter]

The rich are already being taxed more than everyone else, so no, that's not the answer.

No, the rich pay a lower percentage in taxes than the poor.
If you make bank off of capital gains you only pay tax on 63% of your income, if you work at McDonalds or as a plumber you pay tax on 100% of your income.

 

[Frankfooter]

Yes...you can find work or start your own business by being innovative to earn a living by investing in yourself.

And let's be honest here, homeless people aren't homeless because they can't earn a living...they are homeless due to things like mental illness, addictions, and factors such as war or disasters, etc.

So your "roof over your head" scenario due to income is a stretch and an extreme example. Be honest.

Wrong twice, if you're homeless you can't get work.
And if you are homeless because of mental illness, including addiction, why shouldn't the state take care of you?
You just want them to die in the streets?

 

[Frankfooter]

Hydro 1...province owns 47%.

Now back to the question... If the model of Ontario Hydro worked so well, why did they get rid of it?

The last time we had private hydro in Toronto the guy who ran it made so much bank he built a castle.
Castle Loma.

Check what's happening with electricity prices in Alberta to see how well your fantasy works.

https://twitter.com/i/web/status/1781029085340406062

 

[Frankfooter]

You mean if all people who were successful would just hand over their hard earned money to someone else we would all be better off?
In other words, the basis of communism.
Disagree?
Prove otherwise and not with just a few words. Really explain how punishing people because they have greater wealth is a good thing and how that differs from communism.

You want to turn Canada into a giant game of Monopoly.
Where the rich control the bank, set the rules and get it all.

 

[oil&gas]

That's what am asking you. If you shouldn't tax the rich what is your solution to a) Take care of Canadians b) Balance the budget.

Go ahead. You are criticizing Trudeau.

No easy solution. Given the level of government spending and the
size of national debt having a balanced budget would be years away
and not a chance a substantial fraction of our debt will ever be paid
off irrespective of which party is ruling. The best we can do in the immediate
future is to vote for a leader who has the political will to reduce
spending substantially without causing unduly pain.

So you tell me, what is the alternative?

For Trudeau and his Liberals the alternative is merely to
spend less of our money than he has spent. That is not
a solution but at least would not have worsen the problem.