XPost: misc.taxes, can.politics, ott.general   
   From: Canuck57@nospam.com   
      
   On 16/03/2010 5:23 PM, Sharx35 wrote:   
   >   
   >   
   > "Snoogens Murphy"  wrote in message   
   > news:3810b6a5-c69e-4d23-8c1c-60e324bc6a55@t41g2000yqt.googlegroups.com...   
   >> On Mar 13, 3:29 pm, Canuck57  wrote:   
   >>> On 13/03/2010 12:54 PM, E. Barry Bruyea wrote:   
   >>>   
   >>> > On Sat, 13 Mar 2010 08:41:30 -0700, Canuck57   
   >>> > wrote:   
   >>>   
   >>> >> On 12/03/2010 8:38 AM, Alan Baggett wrote:   
   >>>   
   >>> >>> A study by University of Calgary economist Jack Mintz suggests   
   >>> >>> Ontario's tax reform will help create 591,000 new jobs, increase   
   >>> >>> annual incomes by up to 8.8% and increase capital investment by $47-   
   >>> >>> billion within 10 years.   
   >>>   
   >>> > I love the 10 year bit. Organic growth alone will create half a   
   >>> > million jobs over the next ten year. And his 8.8% increase in annual   
   >>> > income is what, real dollars? Or inflationary dollars? I guess this   
   >>> > idiot didn't think anyone could figure that out.   
   >>>   
   >>> You know they are inflationary dollars. Government treats people like   
   >>> sheep idiots, as most are not as insightful as you were in this   
   >>> assertion.   
   >>>   
   >>> My guess is in the next 10 years recovery will be so slow you will   
   >>> wonder if it is indeed recovering. And if we see any recovery, you will   
   >>> see real inflation real fast. New jobs will be part time, temp and   
   >>> lower pay. Net household income in NPV dollars will continue to decline.   
   >>>   
   >>> Oh ya, maybe get 8.8% inflation and a 2% wage increase. Governmetn BS   
   >>> at it's finest.   
   >>>   
   >>> I am convinced government wants inflation. But the plan backfired as   
   >>> like most liberal money management, they are no very well thought out.   
   >>> Government ants inflation to devlaue its massive debt.   
   >>>   
   >>> Watch, in the next week or two Ottawa will create more money and do   
   >>> things to depreciate the Canadian dollar. It should be floating to   
   >>> $1.30 USD.   
   >>>   
   >>   
   >> I want big inflation because it will drive up interest rates and that   
   >> will be good for my investments.   
   >   
   > Most who invest in interest-producing investments are FOOLS.   
      
   Or don't know better but partially on the right track.   
      
   Not everyone starts with 6 or 7 digits to invest.  You start with the   
   first $100... or that is how I got started.  And investment club in the   
   80's.  And of course with $500 to the RRSP...   
      
   Trouble is until you get $10 or 20K a CD might be good.  I was lucky   
   with my TFSA and made 40% on it in 2009 but then I applied my investment   
   knowledge gained over almost 3 decades.  Plus 2009 was a great year.   
      
   But agreed, I sure wouldn't put a large number into any locked interest   
   producing investments, in fact I am at zero.  The closest I have to it   
   is cash in a liquid) money market inside an investment fund ready for   
   buying opportunities.  The only one I considered in the last few years   
   was 10.5% from Tech/Cominco, but was sold out.   
      
   --   
   Politicians don't provide anything, the tax payers do.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)