Grant Appeal to Federal Liberals

...from the riding that voted to remain Conservative.

Oh well, GVAC's gonna try.

A month before the election in 2015, the North Okanagan's election signs were everywhere. 
Then Justin ("T2") Trudeau's Liberals swept in virtually everywhere else but in the Okanagan.

Maybe it'll work in our favour, i.e. the federal Liberals wouldn't be so obvious as to not award infrastructure funds to a community that voted against them during the election?

Or would they?

It's said that payback is a tough pill to swallow. 
We'll see.

The Greater Vernon Advisory Committee will apply for $7 million dollars from Infrastructure Canada.  In the scheme of the Liberal's giant economic stimulus, seven million bucks is a pittance.

The money would be used to construct Duteau Creek Water Treatment Plant's UV treatment system, and help stave off Interior Health's demand ("we can Order you") to filter the water.

What if the Feds say "no?"

In many ways, it really doesn't matter...North Okanagan residents will pay for it either way.

Whether we--and our children and grandchildren--pay down a ballooning deficit, pay we will.


We as taxpayers will pay for "economic stimulus"--more accurately called deficits, the Liberals spending money they don't have--or we'll pay for it through increased water base/consumption rates (by the utility borrowing money, or using the reserves they have already accumulated).  But maybe with a federal grant in place, the continued gouging of water users won't be so severe all at once (again).

If you have a particularly strong stomach, have a look at Canada's debt clock.

Kia would've said "The only difference really is that infrastructure money might arrive in GVW's pocket sooner than if they had to accumulate it from water users."

Money is scarce for everyone.
But government at all levels will continue to gouge us.
They've grown accustomed to it.

$7 million...maybe GVW should buy lottery tickets too.

Government Dishonesty

They lie to their citizens.
They create unparalleled debt that burdens us today.

"...a debt tsunami of global proportions".

"...the right to create the nation's money was usurped by the publicly owned but privately controlled Bank of Canada in 1935 that our debts started their meteoric rise." 

Debt cripples successive generations.
It'll never be paid off.
Never.

Are we talking about a third-world government?  Yes, but...
First-world nations and provincial governments are no better.


This letter to the editor by Dennis Milligan, published today in the Morning Star, is excellent and deserves to be widely distributed.

"...lending at usury was considered a heinous crime..."

Entitled Debt Clock Points to Bigger Problem, Dennis tells it very well:

"Your July 5th edition showed a photo of the Canadian Taxpayers Federation's mobile debt cock.

It indicated that British Columbia's provincial government debt stood at $57.5 billion.  Confusingly, the photo's caption refers to it as the federal debt clock.

I'd like to clarify a few issues that arise from that error.

B.C.'s debt is indeed $57.5 billion and it costs B.C. taxpayers well over $2 billion to service that debt every year, even at today's record-low interest rates.

The federal government's debt is now $616 billion and, according to StatsCan, costs Canadian taxpayers $160 million a day.

Add the $600 billion owed collectively by the provinces and the $1.6 trillion of domestic debt -- mortgages, business loans, credit card debt, student loans, etc. and you will see that it's nearly three times Canada's $1.3 trillion GDP -- the value of our entire economy.

And we still haven't accounted for municipal government debt or $1 trillion in unfunded liabilities like CPP, EU and Medicare for which no funding has been set aside.

We are in deep trouble and the subject should be top of every government agenda.  Governments are not telling us the truth about the seriousness of our debt problem and are doing taxpayers a great disservice when they suggest that what we are facing is merely a slow-down in the world economy.

We are in fact facing a debt tsunami of global proportions and harsh solutions like raising taxes even further, cutting social programs or selling off public assets are but Band-Aid attempts to delay the inevitable bankruptcy that stems from a debt curve now going ballistic, largely because of compounding interest.

How do we ever get out of such a mess?  Well, in biblical times, when lending at usury was considered a heinous crime, the simple solution to un-repayable debt caused by money-lenders' interest lay in declaring a Jubilee.  Every 50 years, all debt was forgiven.  Leviticus: 25 spells it out pretty clearly.

The constitutionally based policies that guided Canada from the time of Confederation in 1867 to 1934 kept the nation on a virtual flat-line of debt.

It was only after the right to create the nation's money was usurped by the publicly owned but privately controlled Bank of Canada in 1935 that our debts started their meteoric rise.

The answer looks pretty simple -- return to government-created money administered and controlled by an accountable Minister of Finance and thus recover from the international banks the sovereign right bestowed upon our elected government by Section 91 of the Constitution Act.

It's time to face the simple fact that government debts are now absolutely unrepayable under our presently fatally flawed debt money system and that our debt clock is somebody's profit clock.

With all 122 nations of the world in debt who do we owe it all to if not a faceless and flawed private banking system?  It would be totally unconscionable to pass this burden on to our children unaddressed."

Dennis Milligan

 

"Dennis has my vote for Premier, or Prime Minister...heck, how about Mayor?" offers Kia.

And for our friends south of the border, here are some numbers based on who was in power.
Frightening indeed. 

"I see the demise of the 'middle class'," predicts Kia. 

 

Government Debt = Our Debt

Debt.  Debt.  Debt.

In British Columbia, the DAILY interest payment is $6.84 million.
Interest only!
Per day.

Debt continues to grow at a rate of $215 per second!
$12,854 per minute, $771,233 per hour.
$18.5 million per day.


British Columbia's debt by the year 2016 was forecasted by our provincial government to increase to $69.7 billion.

That's the provincial government.

The Federal government of Canada?
The fed spends $31 billion per year just paying the annual interest on the debt.

The Canadian Taxpayers' Association stated:  "Between 1997 and 2008 the federal government was running surplus budgets and paying down our debt. Every cent and more of that $105 billion paid-off during the decade has now been re-borrowed and spent. Canada’s federal debt has risen from $457 billion in 2008 to over $600 billion."

Un-bloody-believable, huh?

And our cities and municipalities aren't doing taxpayers any favors either. 
No debt transparency exists in the District of Coldstream or City of Vernon.
Good luck looking for a line "Total Debt" on their requisite annual Financial Statement.
You won't find it.

It brings to mind a response from Coldstream's Councillor Kiss--after the District was berated by residents several years ago for their burgeoning debt--"we can be $19 million in debt."   (Coldstream was $3 million in debt at that time).
$3 million then for a population of approximately 10,000 people.
But $19 million debt is allowed by provincial legislation.
How nice!
That legislation was written by the same government that wrote the provincial legislation are the ones who are paying almost $7 million in interest payments.

The District of Coldstream's 2012 Annual Report is a 72-page document-- the Financial section begins on page 30 -- good luck finding what Coldstream's total debt is.

And, lest a reader thinks this article is sour grapes for the NDP losing the May provincial election, let me assure you it is not.
Vehemently assure you it is not!

Back to debt.

Trying to access British Columbia's "debt clock", as suggested by today's Morning Star on the topic, resulted in this prompt:

Secure Connection Failed

An error occurred during a connection to www.debtclock.ca..

SSL received a record that exceeded the maximum permissible length.

(Error code: ssl_error_rx_record_too_long)  The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
  Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site.

How convenient.

Probably crashed from 4.4 million B.C. residents trying to access the clock.

Yet everybody--and I mean everybody--hears government agencies warning consumers to lower their household/family debtload. 
What a crock!

Still a fervent believer in what levels of government are telling you?
Place this book on your Must Read list:  Anatomy of a Con Job, by John T. Wolfe.
 
A quotation to pique interest...er....ah...learning:

“In times of universal deceit, telling the truth will be a revolutionary act.” —George Orwell

"I'm uncharacteristically speechless," sighs Kia.