From: Canuck57@nospam.com   
      
   With the downturn a coming, this time there is no pass for Canada.   
   While resources might temper it some, most of Canada is economic toast.   
     Ontario down graded and plants closing, even makes the debt more   
   unsustainable.  And the rest of Canada can't afford a Ontario/Quebec   
   sized bailout.   
      
   Can't really run the old tax-them-sheep more as Canada already has   
   seniors, low income and disabled paying taxes with a poverty level   
   income in expensive Canada.  You could be a senior or disabled, income   
   of say $22K/year but not enough to keep the taxes/utilities and pay   
   income tax, sell the home.  Sad but true.  In Canada you can be taxed   
   homeless.   
      
   Tax elasticity isn't there any more.   
      
   Yet more and more are whining for entitlement, civil disobedience, sell   
   drugs or protest.  Vandalism and theft on the rise.  Same kind of thing   
   happened 3 years before the Russian Revolution that left Russia a   
   poverty nation for decades.  Roman Empire too, tax and confiscated from   
   the rich and they left.  Wasn't just the rich, the productive people too   
   left.   
      
   A huge cultural problem.  Generations of undisciplined kids raise by   
   liberally undisciplined parents.....all wanting other peoples money for   
   nothing.   
      
   And no politician has balls to say no.  No sir, no vision, just   
   pandering to stay in power.  Meaningless cuts to government bloat, as   
   who is kidding who?  Harpers cuts are not more than normal course   
   retirement and attrition, still leaving a larger government than 2006.   
      
   Inflation pressures from corrupt money print for debt policy means   
   companies cut back on wages and employment.  If you do get a job, it   
   will pay much less than the previous job holder, unless of course it is   
   government.  This reduces takes to Ottawa even making matters worse as   
   big government refuses to right size.   
      
   Government is so inefficient, takes millions of dollars to deport   
   criminals, they license dope grower and then after making the problem   
   they get bloat of layer, judge, parole board bloat.  No efficiencies, no   
   effectiveness. just lots of waste.  Sort of like make problems so you   
   can hire more government union.   
      
   So far people have been passive about the tax rape on producers.   
   Because if you can command the wages, or pass it on like Rogers,   
   Patterson, Wesson, Shaw families can, it works.  But if you can't pass   
   it one, time to move.   
      
   No one now invests in Ontario manufacturing.  Anyone know of a   
   profitable producer on the TSX?  Even CPP now invest foreign.  As tough   
   times are ahead.  Just too many losers and BS taxes and union whine.   
      
   Ontario is going down.  Quebec is already down but subsidized by the   
   rest of Canada but disproportionately by Alberta.  Thing is, Alberta too   
   is soon to become a debtor province and can't afford the heavy weight   
   hand of Ottawa taxation.  Sort of like "The Goose That Laid The Golden   
   Eggs", killing the goose. Or a tax cutting too low the economy will not   
   grow in real terms of value.   
      
   No amount of CBC propaganda for the masses is going to work.  Pensions   
   are being devalued year over year with fixed incomes returning below   
   inflation returns and TSX declining 11% in 2011 while every market in   
   the America did better.  The writing is on the wall.  Canada's economic   
   environment sucks from an investors point of view.   
      
   Canada isn't as far behind Greece or Iceland as we may think.   
      
   Historically nations in this spiral rarely get out of it without hitting   
   some kind of bottom to then relearn some conservative values or get into   
   a war.  A currency value declines, bankruptcies, revolutions, anarchy as   
   you can't put 1/2 a country in jail.  So much dishonored debt, fiat   
   currency has no long term value.   
      
   Social and cultural decay, the greed of other peoples money will bring   
   Canada down to third world status if our politicians don't set aside   
   their stupidities and get a vision other than tax greed.   
   --   
   Liberal-socialism is a great idea so long as the credit is good and   
   other people pay for it.  When the credit runs out and those that pay   
   for it leave, they can all share having nothing but debt and discontentment.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)