Mike's Daily Comment

Selfishly Wrecking Our Children’s Financial Well-Being

 

In the October update, we find that our Government is passing on an additional $86 Billion, $500 Million dollars in debt to our children over the next 5 years.  We are not even in bad times, so the question becomes if we don’t things off when times are good, when will we?

….also from Michael: Redistribution of Wealth Is Economically Toxic

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Government To Decide What Companies Pay Their Workers

 

Labour is pushing Government to impose a 30% plus increase in wages on businesses by 2019. Worse, the cost to employers will increase by another 20% when the employers contribution to the CPP is paid on the workers behalf as they must. To these huge increases you also have to add…..’

….also from Michael: Overpaying Federal Civil Servants

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They Talk The Talk But Never Walk The Walk

 

Climate heroes continue to behave inconsistenly with science, common sense and respect. Canada’s Environment minister continually uses the term Climate Denier, which is anti-science in her attempt to squelch debate while she rips around in jets. Canada’s Gregor Robertson, a so-called climate hero has the biggest carbon footprint of any Canadian Municipal politician. If it all didn’t cost taxpayers so much, it might be tolerable.

….also from Michael: Government Pays a $4.8M Performance Bonus For a Billion $ Screw Up

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Government’s Conscious Effort To Avoid Accountability

 

Maybe P.J. O’Rourke was onto something when he said “its a popular delusion that Government wastes vast amounts of money through inefficiency and sloth. No, enormous effort and elaborate planning are required to waste this much money”.

….also from Michael: 

Government Pays a $4.8M Performance Bonus For a Billion $ Screw Up

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Government Pays a $4.8M Performance Bonus For a Billion $ Screw Up

 

The Federal Government implemented a pay system for $309 Million, $400 million has been spent trying to fix it, as much as another $300 million is going to be needed to repair this system responsible for overpayments of $256 million of dollars. But don’t worry, those responsible for this catastrophe got paid  $4,827,913. in performance bonuses!

….also from Michael: Freedom: The Foundation of Growth

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