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68style 09-21-2021 07:40 AM

^ The financial market reaction today didn’t seem to agree with you? :)

bcrdukes 09-21-2021 07:45 AM

oh snap

Hondaracer 09-21-2021 07:46 AM

Well yea, gotta basically hope market performance makes up for increase in interest rates. With US equities propping up Canadian investors.

Cerbs likely don’t have to worry about either

whitev70r 09-21-2021 07:51 AM

Quote:

Originally Posted by 68style (Post 9040200)
^ The financial market reaction today didn’t seem to agree with you? :)

You are more simple minded than I thought if you think one day's market fluctuations reflects a confidence in yesterday's election results or not.

Tapioca 09-21-2021 08:16 AM

The political winds have shifted on fiscal prudence.

Whether the well-to-do people on RS like it or not, broadly speaking, people in this country are now comfortable with debt - whether it's the accumulation of personal debt for housing, cars, vacations, or meme stocks or in terms of the expectations they place on their political leaders to make decisions that relieve pressures on their daily lives.

hud 91gt 09-21-2021 08:19 AM

Bring on MMT. We just need to house everything within our country, not like we don’t have the resources. Lol

westopher 09-21-2021 08:21 AM

Quote:

Originally Posted by whitev70r (Post 9040197)
Reducing the calling of this unnecessary election to $16 per person is super simplistic.

I sure as fuck am not the person using “600 million dollar election” as the reason I’m upset about the election. I’m just mad I needed to be inundated with more political bullshit everywhere I turned.
I’m not someone who wanted the libs in power trying to justify this at all. I’m just happy it’s not cons.

68style 09-21-2021 08:21 AM

Oh man, whitev70r has been suspicious of me being simple-minded for awhile and has now confirmed it.

How should I proceed, oh wise master of the intricacies of all matters concerning our state and economy?

Why don’t we just ask those simplistic clowns over at the Financial Post what their analysis is? Weird how it’s the same as my brief assessment… I guess they don’t know anything about financial matters either:

https://www.google.ca/amp/s/financia...bfacd02d5/amp/

Stable government stable results.

Also we had a very in-depth analysis of various parties and the effect on the value of our dollar in past pages if you missed it. Spoiler alert: the loonie sucked most under Conservative governments

hud 91gt 09-21-2021 08:25 AM

People try and complicate the world. A balancing act of political leaders trying to understand what people want in the short term to try and get power. While balancing the long term outlook (all of 4 years away) to stay in power again.

68style 09-21-2021 08:32 AM

That’s the thing, we slag each other… but all politicians are people we’d probably hate to know in real life. None of them are any good when it comes down to it… but the policies matter… and for me a balance of capitalism and support for social programs (even if they’re not working so well) has always been the Canadian way.

Much as I don’t envy Trudeau at all, Libs are the best balance.

SkinnyPupp 09-21-2021 08:39 AM

People taking the HK comments seriously

Get a fucking grip dude, holy fuck. Obviously I was being facetious. FailFish

underscore 09-21-2021 08:44 AM

Quote:

Originally Posted by whitev70r (Post 9040197)
I'm just saying let them try ... it can't be any worst.

Oh my sweet summer child.

whitev70r 09-21-2021 08:48 AM

Quote:

Originally Posted by 68style (Post 9040212)
That’s the thing, we slag each other… but all politicians are people we’d probably hate to know in real life. None of them are any good when it comes down to it… but the policies matter… and for me a balance of capitalism and support for social programs (even if they’re not working so well) has always been the Canadian way.

Much as I don’t envy Trudeau at all, Libs are the best balance.

Believe it or not, I agree with you when you say capitalism and support for social program is the Canadian way. When the election was called, I showed my cards, I said that I liked what the Libs were doing (not perfect but then, we are all making things up to respond to this never seen before pandemic) but I was really wanting JT out as PM and leader of the Liberal party but that wasn't going to happen. My disdain for him increased and the only way to rid of him was if the Cons win. Do I agree with all of Cons policies, no ... but I thought, why not, let them try. The scary boogeyman O'Toole seemed to have toned down a bit. Their platform seemed to be balanced ... hell, they even promised dog owners a tax relief. It got to a point of anyone but JT. It makes my stomach turn that for the next 2,3 or 4 years that I have to watch him do those patronizing, 'switch to fatherly tone' pressers.

Quote:

Originally Posted by 68style (Post 9040210)
Why don’t we just ask those simplistic clowns over at the Financial Post what their analysis is? Weird how it’s the same as my brief assessment… I guess they don’t know anything about financial matters either:

https://www.google.ca/amp/s/financia...bfacd02d5/amp/

Well, as for this ... hundreds and thousands of people write for financial newspapers with competing opinions. Suffice to say, half of them (or more), are wrong. I have tried to take some of their financial advice in the stock market and decided not to take their projections or advice anymore. A writer for financial post is hardly someone to hold up as the gold standard.

Eff-1 09-21-2021 09:13 AM

Using the $16 per person logic, you can then apply that to ANY gov't expense and then it doesn't seem so bad. But we don't.

$600M is still $600M that we DIDN'T have to spend. It was 100% discretionary because Trudeau saw an opportunity to snag more power.

We didn't need an election right now. Those funds could have gone into something a lot more useful for Canadians. That's the part that bothers me.

hud 91gt 09-21-2021 09:24 AM

And let’s go back to the point. Any political party will hold an election if they feel they can hold power longer(or more power). NDP, Cons, Liberal. Get over it. Non of these people are saints and doing it purely for the good of the country. In fact, if you wanted to believe they do have that thought as their #1 priority. They may believe in their own logic so much that anyone other themselves is a harm to the country. Easily trumping the $600m cost.

It’s the cost of democracy.

Hondaracer 09-21-2021 09:47 AM

Every political analyst they’ve had on the radio today is in consensus that this was the most wasteful election in Canadian history. 600 million for a cabinet shuffle. So unless I’m missing somthing there I don’t really think this is just the price of Democracy, it was just a completely wasteful, futile attempt at gaining a majority.

Don’t worry though, the gun buy back program will easily trump this wastefulness.

westopher 09-21-2021 09:49 AM

I would have agreed give the cons a chance until I looked at their platform. It’s completely lacking in content. They weren’t prepared, and it shows. That’s the only reason they could fill their ads with how the election was bad and not give any real information about platforms. If they thought they had something truly to offer the Canadian people other than being “not liberals” they should have mentioned it.
They might as well have just written Libs bad, we good.

hud 91gt 09-21-2021 09:51 AM

I’m not disagreeing with you. I just don’t believe it would be only the liberals to do it. It’s our system.

I highly dislike our drama school teacher as our leader. Although I was fairly torn between the two parties overall when push came to shove. But that doesn’t mean any and all wouldnt have done the same thing.

Eff-1 09-21-2021 09:52 AM

Quote:

Originally Posted by hud 91gt (Post 9040221)
And let’s go back to the point. Any political party will hold an election if they feel they can hold power longer(or more power). NDP, Cons, Liberal. Get over it. Non of these people are saints and doing it purely for the good of the country. In fact, if you wanted to believe they do have that thought as their #1 priority. They may believe in their own logic so much that anyone other themselves is a harm to the country. Easily trumping the $600m cost.

It’s the cost of democracy.

That may be true, but doesn't make it right. The cost of democracy shouldn't negate the idea of fiscal responsibility.

Hondaracer 09-21-2021 10:01 AM

Well yea, you’re probably not prepared for an election when the current leader drops a surprise election after saying dozens of times he wasn’t going to?

Doesn’t really excuse not being ready but you kinda plan for things based on circumstance

68style 09-21-2021 10:18 AM

This election might have been useless, but both of Richmonds ridings went liberal from conservative…. So locally for me that’s quite a big change.

JD¹³ 09-21-2021 10:19 AM

Quote:

Originally Posted by Hondaracer (Post 9040222)
Every political analyst they’ve had on the radio today is in consensus that this was the most wasteful election in Canadian history. 600 million for a cabinet shuffle. So unless I’m missing somthing there I don’t really think this is just the price of Democracy, it was just a completely wasteful, futile attempt at gaining a majority.

Don’t worry though, the gun buy back program will easily trump this wastefulness.

This entire election was an L for Canadians. An ego driven, unwanted election that wasted a ton of time and money and accomplished absolutely nothing.... the most JT-Liberal thing possible :lol

mikemhg 09-21-2021 02:55 PM

Quote:

Originally Posted by whitev70r (Post 9040167)
I don't know how the Libs can see the results as a 'win'.

Would it be the opposite? With all the supposed "scandals", COVID angst, it was the Cons election to win, or so it was said.

They didn't make any gains whatsoever, and in fact lost seats in BC.

This was an utter failure on the Cons part, they underperformed expectations immensely.

mikemhg 09-21-2021 03:03 PM

How in the fuck can anyone say this was a "wasteful" election?

Because the Conservatives lost?

Did we not hear you guys crying about Truedope, Truedump, throughout the last 2 years?

How he handled COVID terribly, how CERB was a waste of money, how we're in debt, you name the complaints.

He gave you the opportunity to kick his ass out, and do so early. That didn't happen, and now you want to complain about a "wasted" election? Would you say the same thing had he lost?

Fuck out of here, the hypocrisy in some of these posts are ridiculous.

68style 09-21-2021 03:10 PM

^ but but... they weren't READY yet... spent too much time photoshopping memes of Turds and making Willy Wonka films instead of getting decent candidates in places where they needed to be and creating a platform that's relatable to anyone under the age of 35


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