Federal Budget 2010 Explained -- Welcome to Loonieland

Canadian Taxpayers Federation President Troy Lanigan explains the Conservative's 2010-11 budget in Loonieland. New spending outstrips savings by a ratio of 14 to 1 and commits only to budget deficits for the next five years. Is this a plan to "return to balance?"

Category:

News & Politics

Tags:

• Canadian Taxpayers Federation
• Debt
• Federal Budget
• Troy Lanigan
• loonies
• deficit
• Conservative
• Harper
• Canada
• politics
• CTF

[topcat113]

Harper is disappointing but try to imagine the chaos if the Libs had been elected.

[chris3443]

The run on the treasury has begun, just like in the U.S. several years ago. Just another couple years until collapse. Watch as the government lackies grab as much as they can before the walls close in around us all.

[wtong89]

@topcat113

conservatives are responsible for almost all of the US national debt. Cause republicans been talking about tax cuts and spending cuts but guess what, there were no spending cuts and there were tax cuts. With a depleted reveneue of taxes and increase govt spending, especially under the Bush Administration, national debt went up. Clintin raised taxes and Obama wants to raise taxes. Republicans are saying no again they want spending cuts. History has shown that this ideology dont work.

[Alpinex105]

introduce the gold standard lol

[dw235]

what's with the hockey jersey?

[Rickdeckard2020]

Canadians need to watch "Oh Canada Movie"

watch?v=IiBSdBDeucU

we are being raped by banks, it was partially fixed in the 30s, but since the people did not learn about the money racket it was easy for bankers to pay off politicians in the 70s to borrow at interest money created by banks, the amount of interest we are being defrauded out of is insane

[Rickdeckard2020]

@derfowvayer

"That's right! Over 90% of Canada's debt is INTEREST ON INTEREST from fake money the private banks printed from nothing. Why isn't THIS the real topic of discussion!!!!"

I agree with this but imo Fiat is not the problem and gold is a red herring, the important issue is WHO crontrols money and education of all people to avoid a repeat of the fractional reserve racket and private banking usury, and we also need iron clad anti-corruption mechanisms and whistleblower protection.

[Greenlanegardens]

The conservative got the G.S.T. going after the biggest problem in Canada to-day the free trade and now the H.S.T. and you talk about the liberal .We are going in a very big depretion and we can't do anything about it our dollar already lost 40% even with the Euro great job Harper .

[Greenlanegardens]

@topcat113 The conservative got the G.S.T. going after the biggest problem in Canada to-day the free trade and now the H.S.T. and you talk about the liberal .We are going in a very big depretion and we can't do anything about it our dollar already lost 40% even with the Euro great job Harper .

[garycalgary]

What bugs me is this: I know there is a limit to which they won't lend any more money but why not go into debt if it provides jobs and gives people the services they need.

You cut and people suffer.