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   mtl.general      Ahh Montreal, home of good strip joints      39,416 messages   

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   Message 38,051 of 39,416   
   M.I.Wakefield to All   
   Re: Thanks for the Budget, Flaherty & Ha   
   16 Feb 14 00:10:56   
   
   XPost: can.politics, bc.politics, ont.politics   
   From: none@present.com   
      
   "ConɀƦConɀ"  wrote in message news:WPVLu.593999$DB4.519794@fx14.iad...   
      
   > It's worse than it looks on the surface . . .  all those shenanigans with   
   > the CPP premiums   
      
   What "shenanigans"?  The CPP amount has been going out exactly as laid out   
   in the legislation.  The last relevant change was in 1997, when Paul Martin   
   brought in Bill C-2 which increased the contribution rate, in steps, to   
   4.95%.  Every increase since the rate hit 4.95% has been automatic, and   
   based on increasing wages, and on nothing else.   
      
   > has proven to be just what the economists told Harper they would be:   
   > UNnecessary.  We have huge surpluses in the CPP reserves enough to carry   
   > this 'aging population' for another 75 years.   
      
   Yes, The Actuary thinks the CPP is in good financial state ... so long as   
   the CPPIB continues to produce the required returns, and contribution   
   amounts continue to rise with incomes.   
      
   > And the worst of it is this:  Harper and his Cons have been submitting   
   > 'expenses' for various ministries and programs for the past 4 years which   
   > Treasury has advanced OUR TAX DOLLARS for to them.  But they aren't   
   > SPENDING those tax dollars on the programs they said they needed them for.   
   > They're SITTING ON the money ....   
      
   No, they're not.  But given you depth of understanding on matters financial   
   (see above), it's no wonder you're so wrong here.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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