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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 10:31 am 
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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 1:37 pm 
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On the spot as always, Mr Nice guy !
Better laugh at all that idiocy... in fact, that's all I can do here.
I guess they're laughing all across the Universe.
14 billions light years of laughing !
:mrgreen:

And, Caputh, as for Trump and that brillant showing of his ignorance...
Time for him to put a knee down ?
:mrgreen:

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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 2:39 pm 
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All Trump needs to do to win a second term is to shave his legs and undergo gender reassignment surgery- then she could wear a decent wig and wallah Tranny Trump for president :mrgreen:


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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 5:59 pm 
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^ It feels as if you actually took the election seriously. As if it was on the level. Do you believe an American presidential election is actually honest? Do you believe that the votes were counted and the result of that count is why Trump is now Commander in Chief?

I don't think it serves us well to operate at the level of 8 year olds when discussing something as detrimental to our lives as politics. Do you understand? Are you reading this? Help me out a little.

Trump is just a distraction. Why voluntarily join the distracted? Sooner or later you become part of the distraction. You become guilty.


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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 6:06 pm 
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Eight-year-olds of the world - unite!!! 8)

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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 6:17 pm 
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^You clearly pride yourself on being utterly predictable. I certainly saw it coming. I think we all did.

I don't think it serves us well, Mr Nice, to operate on the level of 8 year olds when discussing something as detrimental to our lives as politics. Don't worry, I know you have very little to say. If it can't be copied and pasted I don't expect much from you.

Trump is just a distraction. Why voluntarily join the distracted? Sooner or later you become part of the distraction. You become a cartoon.


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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 6:28 pm 
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Just when I thought I needed some sleeping pills...
Thanks pal.

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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 6:31 pm 
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^Keep sleeping.


"The ostensible serious occupation of the upper class is that of government, which, in point of origin and developmental content, is also a predatory occupation" - Thorstein B Veblen


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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 6:39 pm 
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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 7:43 pm 
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^ For Mr Nice's prey.


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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 8:29 pm 
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Mij wrote:
Tweedle-Dumb-Diane-Bean-Counter wrote:
Oh look, it's more layoffs because of Trump's policies taking hold while dismantling Pres Obama's...

UAMS will reduce workforce by 600 positions, including 258 layoffs: UPDATE
https://www.arktimes.com/ArkansasBlog/a ... 58-layoffs

GoPro To Layoff Hundreds
https://patch.com/california/fostercity ... ds-layoffs

Kmart Details Layoffs Amid Store Closure
http://www.insideindianabusiness.com/st ... re-closure

Oklahoma health agency proposes hundreds of layoffs
http://www.wral.com/oklahoma-health-age ... /17229859/

GE Announces Layoffs
http://wamc.org/post/ge-announces-130-l ... tal-region

Trump broke promise to save these jobs during his 2016 campaign.....

Dematic Layoffs
https://www.thelayoff.com/dematic

...these jobs are going to Mexico. So much for Trump's claim that he was going to save them....fucking liar.

Which goes to prove that Trump is not a factor of creating jobs.
He's not the magician some thinks he is. And we'll be better off when he'll be out of the game.
We'll be better off even here in Canada.

Here, we're experiencing a shortage of human resources, mainly in jobs in IT.
I receive offers everyday. More than some time ago.
I won't say Trudeau is responsible for that cause I don't believe he is. Just as much as I don't believe Trump is creating jobs.

Minimum wages going up will rise the buying power of those who have difficulties.
Other human resources will be needed. I think having money to spend is a major factor in creating jobs.
Can't stop capitalism.
:smoke:


Statistical FACTS prove otherwise.

Over the past year, there are more Americans working than EVER in history. Trump broke SIX employment creation quantity records in 2017 - currently, there are 154,021,000 people employed.

And in Canada, because of these sudden private sector crushing minimum wage hikes, Trudeau's extreme mismanagement and lack of private sector knowledge, we're sinking into an even bigger hole than before. The percentage of part-time/contract jobs will drastically increase and GDP won't improve much or at all. In fact, it might even turn into a negative percentage in the near future.

How stupid can you two get?! :roll:

Caputh wrote:
Disco Boy wrote:
If you actually watched the clip, then you'd realize Ron Paul does NOT deny Trump's performance. RP is talking about what he has been discussing now for years, which is the perils of Keynesian economics, currency bubbles and debt...:roll:


If you (or, indeed anyone else) actually watched the clip on Trump's "performance"...


Ron Paul's view that the US is heading towards imminent economic disaster was one that you shared and believed when he was talking about Obama. Do you share and believe it when he is talking about Trump?


ONE. MORE .TIME. FOR. THE. WORLD:

If you actually watched the clip, then you'd realize Ron Paul does NOT deny Trump's performance. RP is talking about what he has been discussing now for years, which is the perils of Keynesian economics, currency bubbles and debt.

The only thing I'll add to the above, is that it does still make sense that the US currency bubble will eventually explode. But that doesn't mean he's blaming Trump because he's NOT. Trump inherited this mess... :roll:

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"...I'm absolutely a Libertarian on MANY issues..." ~ Frank Zappa, Rochester, NY, March 11, 1988


Last edited by Disco Boy on Tue Jan 09, 2018 8:39 pm, edited 2 times in total.

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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 8:37 pm 
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Disco Boy wrote:
Statistical FACTS prove otherwise.

Perhaps you might allow that there are things in this world that cannot be understood mathematically? Things that cannot be categorized and explained and repeated? Truths that defy data? Maybe you could permit into your heart a little doubt? The possibility of imperfection? The admissibility of paradox? Might you not want to demur just a little on one of these things?


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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 8:43 pm 
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Location: St-Hyacinthe, Québec, Canada
35300 added jobs in October.
Rising buying power will keep peoples buying more.
New workers will be needed. Simple mathematics.
People just can't save their money. They gotta spend it.
http://www.cbc.ca/news/business/jobs-october-1.4385644

I'm not a fan of Trudeau. I disliked his father.
I won't give him credit for these jobs.
I think Economy has a way of doing what it wants.
But now, the general feeling is one of optimism.
But it will mean nothing if Trump declares war to whatever country.
:P

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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 8:46 pm 
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downer mydnyte wrote:
Disco Boy wrote:
Statistical FACTS prove otherwise.

Perhaps you might allow that there are things in this world that cannot be understood mathematically? Things that cannot be categorized and explained and repeated? Truths that defy data? Maybe you could permit into your heart a little doubt? The possibility of imperfection? The admissibility of paradox? Might you not want to demur just a little on one of these things?


When just about every single statistic in existence PROVES the US is in better shape now than it was 1 year ago, your above statement is not logical.

Perhaps you might allow yourself to admit that you are WRONG about Trump (and so is just about everyone here)?!

_________________
"...I'm absolutely a Libertarian on MANY issues..." ~ Frank Zappa, Rochester, NY, March 11, 1988


Last edited by Disco Boy on Tue Jan 09, 2018 8:47 pm, edited 1 time in total.

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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 8:47 pm 
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Corruption does not represent a substantial obstacle to doing business in Canada. The country possesses clear-cut regulations and transparent, reliable courts. Numerous corruption investigations raise concern about corruption, illegal financing and kickbacks in the construction sector and in public procurement. Nevertheless, the government has well-functioning mechanisms in place to investigate and punish corruption and abuse of office. The Criminal Code of Canada is the principal anti-corruption legislation, prohibiting corruption, bribery, influence peddling, extortion and abuse of office. Facilitation payments, gift-giving and foreign bribery are criminalized under the Corruption of Foreign Public Officials Act (CFPOA) and are uncommon in practice. The law’s extended jurisdiction permits Canadian courts to prosecute corruption committed by companies and individuals abroad. Canada's anti-corruption legislation is vigorously enforced, and companies and officials guilty of violating Canadian law are being effectively investigated, prosecuted and convicted.

CFPOA Summary
CFPOA Compliance Guide

Last updated: May 2017
GAN Integrity

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Judicial System

Canada's judicial system is transparent and free from corruption (HRR 2016; FitW 2016). Businesses report that Canadian courts show high levels of independence and state decent confidence in the efficiency of the legal system in challenging regulations and settling disputes (GCR 2016-2017). Irregular payments and bribes for obtaining favorable judgments are rare (GCR 2015-2016). In one controversial case, a judgment against the energy giant Chevron in an Ecuadorian Court was ruled admissible in a Canadian Court against Chevron's Canadian subsidiaries who were not involved in the case, despite that the case was thrown out in the United States on the grounds that the judgment in Ecuador was obtained using bribery (Financial Post, Feb. 2017); the case was ultimately defeated.

Canada is a signatory to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards and it is a member state of the International Centre for the Settlement of Investment Disputes (ICSID).
Police

There is no significant risk of corruption within the Canadian police force, which has one of the highest levels of reliability in the world in relation to their capability to protect companies from crime (GCR 2016-2017). Companies attribute little cost to crime and violence (GCR 2016-2017).
Public Services

There is a very low risk of encountering corruption when dealing with Canadian public services. Irregular payments or bribes are rarely encountered (GCR 2015-2016). Canada is the second easiest country in which to start a business, requiring only two procedures to register a firm (DB 2017). Notwithstanding, businesses rank inefficient government bureaucracy as the second most competitive disadvantage of investing in the country (GCR 2016-2017). Information on doing business with the Government of Canada is available on Buyandsell.gc.ca.
Land Administration

There is a moderate risk of corruption in Canada's land administration. The construction sector is particularly vulnerable to fraud in the form of bid rigging, collusion and money laundering (GrantThornton, 2013). Construction and real estate companies seeking to invest should take note of the Grant Thornton white paper on construction fraud. Foreign investors enjoy full and well protected property rights, limited only by the right of government to establish monopolies and to expropriate for public purposes (ICS 2016). Dealing with construction permits takes 249 days; 100 days longer than the OECD average (DB 2017). Registering a property takes 16 days, which is lower than the average of 22 days in OECD countries (DB 2017).

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) identifies the real-estate sector to be susceptible to money laundering by people with offshore accounts (CBC News, Sept. 2016). A lack of reporting by realtors and lawyers about suspicious deals give reason for concern about non-transparency and non-compliance in the real estate industry (Vancouver Sun, Nov. 2016). FINTRAC has ramped up scrutiny on money-laundering activities, particularly in British Columbia's heated real-estate market; it found that out of 220 real estate firms examined, 112 had 'significant' and five 'very significant' non-compliance issues (Vancouver Sun, Nov. 2016). Companies and trusts in Canada are not required to disclose their beneficial owners, which has led companies to base shell-companies in Canada for tax evasion purposes (Transparency International, Dec. 2016).

The Charbonneau Commission, a public inquiry into corruption in the construction industry, resulted in the arrest of several persons including mayors (FitW 2016). Several people have since been convicted on corruption charges (Montreal Gazette, Jan. 2017). The final report (in French) revealed that corruption, organized crime, collusion and influence peddling are widespread in Quebec's multi-billion public construction industry (The Globe and Mail, Nov. 2015). In November 2016, a watchdog committee found in a follow-up to the report, that a year later only fifteen out of sixty recommendations had satisfactorily been implemented by the Quebec government (Montreal Gazette, Nov. 2016).
Tax Administration

Incidents of corruption sometimes occur in the Canadian tax administration, but are not considered a concern by companies (GCR 2015-2016). Tax rates and tax regulations are ranked as the fourth and fifth most problematic factors to doing business, respectively (GCR 2016-2017). Preparing, filing and paying taxes is easier and faster than the OECD average (DB 2017).

In another instance, a six-year long investigation into the Canadian Revenue Agency (CRA) led to 36 fraud and bribery charges against seven auditors of whom one has been convicted for corruption (Montreal Gazette, June 2015). The charges concern senior auditors who received bribes in exchange for turning a blind eye to millions of dollars in unpaid taxes and fraudulent tax credits, and CRA officials who tried to pressure company owners to pay bribes in exchange for a reduction of their tax responsibilities (The Globe and Mail, Feb. 2014). Another tax auditor was found guilty of trying to extort CAD 90,000 from a restaurant owner in exchange for waiving a fine; he was sentenced to 20 months in jail (CBC News, Jan. 2016).
Customs Administration

Canada's customs administration does not constitute a barrier for trade and is considered efficient and transparent presenting companies with low corruption risks. Companies identify high tariffs and burdensome import procedures as the main impediments for importing goods, but few businesses point to corruption at the border as being an obstacle to trade (GETR 2016). Companies spend significantly more time on border documentary compliance than in other OECD countires (DB 2017).
Public Procurement

There is a medium risk of corruption in Canadian public procurement. Bribery is not widespread in the procurement sector, but it does occasionally occur (GCR 2015-2016). One in five companies report having experienced fraud in the procurement procedures in Canada (pwc 2016). Companies identify vendor selection, vendor contracting, and invitations to bid as the stages of the procurement process most susceptible to fraud (pwc 2016). Corruption is especially problematic in the Quebec construction industry, which is influenced by the close connections between the construction industry, organized crime and political parties, leading to bid-rigging cartels and corrupt politicians accepting gifts and kickbacks (Globe and Mail, Nov. 2015). More detail on corruption in the Quebec construction sector can be found in the land administration section. Procurement of goods and services to Canada's public sector is carried out and supervised by the Public Works and Government Services Canada (MWGSC) agency. The Office of Small and Medium Enterprises (OSME) helps SMEs understand the basics of government procurement and meet formal requirements.

In 2016, ex-Quebec deputy premier Nathalie Normandeau was arrested on charges of corruption and bribery filed against her by Quebec's anti-corruption bureau in connection with the award of a contract to construct a water-treatment plant to the firm Roche. She allegedly overruled senior bureaucrats to award the contract (CBC News, Mar. 2016). As of April 2017, her trial remains pending (CBC News, Apr. 2017).

A significant number of the World Bank’s list of firms blacklisted are from Canada; they are forbidden from bidding on its global projects, with SNC-Lavalin and its affiliates representing 115 of the 117 Canadian entries (World Bank, May 2017). In 2015, the Montreal-based construction giant SNC-Lavalin agreed to pay a CAD 1.5 million settlement to resolve a corruption case brought forward by the African Development Group that former employees of SNC-Lavalin International Inc. ordered illicit payments to public officials to secure two contracts in two African countries (CBC, Oct. 2015). Former SNC-Lavalin CEO Pierre Duhaime is currently facing charges of bribery and fraud amounting to CAD 22.5 million in connection to the construction of the McGill University Health Centre in Montreal (Montreal Gazette, Aug. 2016). SNC-Lavalin is pushing for Canada to implement deferred prosecution agreements to avoid a guilty verdict which would cause it great reputational harm and bar it from bidding on government contracts for 10 years (Corporate Crime Reporter, Jan. 2017). Companies convicted of corruption face a ten year ban from bidding on public contracts in Canada; which may be reduced to five years if the company can show that the causes of corruption have been addressed (ICS 2016). Companies charged with corruption face an eighteen month suspension (Lexology, Feb. 2017). To minimize risks, companies should use a public procurement due diligence tool when doing business in Canada.
Natural Resources

Risks of corruption in the Canadian natural resources sector is low. However, Canadian companies frequently face allegations of engaging in corrupt practices in mining projects abroad (The McLeod Group, April 2016). To minimize corruption, the Extractive Sector Transparency ‎Measures Act (ESTMA) requires businesses involved in the exploration or extraction of oil, gas or minerals to publicly report each year specific types of payments made to all levels of government in Canada and abroad. Companies active in this area are advised to consider the Guidance and Technical Reporting Specifications (revised March 2016) provided by the government of Canada in order to understand the requirements imposed by the law. In order to promote and showcase ethically sound behavior of companies operating in the natural resource industry, Canada publishes the CSR practices of Canadian companies active in the extractive and mining sector abroad.
Legislation

Canada has a comprehensive and well-enforced legal anti-corruption framework in place. The Criminal Code of Canada criminalizes active and passive bribery, facilitation payments, influence peddling, extortion and abuse of office. Bribery of foreign public officials is addressed by the Corruption of Foreign Public Officials Act (CFPOA). See summary and compliance guide for the CFPOA. Five years' imprisonment is the maximum criminal penalty for corruption crimes committed in Canada, while foreign bribery is punishable by a maximum jail term of 14 years. Heavier sanctions exist in case of bribery involving judges and law enforcement officers. No limit is imposed on financial penalties for corruption. Civil resolution for bribery such as a non-prosecution agreement is not possible under Canadian law. Facilitation payments are currently not criminalized in the CFPOA, but these will be illegal under amendments introduced to the act (Lexology, Feb. 2017). Gifts are only allowed under the CFPOA to build a business relationship and as long as it is a reasonable expenditure (Lexology, Feb. 2017). Private sector bribery is criminalized under the Criminal Code. Money laundering is criminalized under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). The Conflict of Interest and Post-Employment Code for Public Office Holders requires public officials to disclose their financial assets and regulates conflict of interest; however, certain financial and personal assets are exempted from the publication requirement. All public sector employees are required to adhere to a code of conduct: the Values and Ethics Code for the Public Sector. Canadian anti-corruption legislation is supplemented by the Canada Business Corporations Act, which criminalizes accounting practices that require manipulation of a company's accounts. The Federal Accountability Act provides for accountability and transparency in the government and addresses conflicts of interest, electoral financing and lobbying. Public sector employees reporting on corruption or other misconduct are protected by the Public Servants Disclosure Protection (PSDP) Act. Companies are advised to consider FINTRAC's guide and operational brief to assess and mitigate money laundering risks in Canada. Unlike the private sector, whistleblowers in the public sector are protected from retaliation under the Criminal Code. The Code of Conduct for Procurement applies to all vendors and public officials involved in the public procurement process.

Canada has ratified the UN Convention Against Corruption and the OECD Anti-Bribery Convention. Canada is a party to the Inter-American Convention Against Corruption (IACAC Convention). Companies are advised to review the locally applicable legislation, since anti-corruption legislation may differ between Canadian provinces.
Civil Society

The constitution of Canada protects freedoms of expression and of the press, but the government has the authority to restrict free speech if it is considered hate speech, the definition of which remains loose (HRR 2016; FotP 2016). Defamation is punished by up to 5 years in prison, but journalists can avoid liability for defamation if they are able to show that they acted responsibly in covering an issue of public interest, regardless of whether their statements were ultimately true or not (FotP 2016). The confidentiality of sources is not legally protected; courts decide whether to protect sources on a case-by-case basis (FotP 2016).The Access to Information Act gives citizens the right to access federal government records. There are concerns about roughly half of all Canada's media being privately owned (FotP 2016). Citizens enjoy free and unrestricted access to the internet, and the country's media environment is considered 'free' (FotP 2016).

Civil society organizations (CSOs) generally act without restrictions (FitW 2016) and frequently work in partnership with public agencies (HRR 2016). One cause for concern is a report by four UN special rapporteurs alleging that the National Energy Board and the Canadian security apparatus were involved in systematic monitoring of various NGOs preparing to participate in hearing about a proposed oil pipeline (FitW 2016). The Canadian government responded by saying that the agencies had acted in accordance with the law (FitW 2016).
Sources

World Bank & IFC: Doing Business 2017.
World Bank: "List of Blacklisted Firms", accessed 8 May 2017.
CBC News: "Ex-Quebec Deputy Premier Nathalie Normandeau's Trial Could Start Sooner Than Planned", 15 April 2017.
CBC News: "Justice Robin Camp Resigns after Judicial Council Recommends Removal", 9 March 2017.
The Globe and Mail: "First Nations Coalition Demands B.C. Inquiry into Mining Practices", 7 March 2017.
Financial Post: "Why Did Canadian Courts Even Consider A Case that a U.S. Court Originally Ruled Was Corrupted?", 21 February 2017.
Lexology: "Anti-Corruption & Bribery in Canada", 8 February 2017.
Corporate Crime Reporter: "SNC-Lavalin Pushes for Deferred Prosecution Agreements in Canada", 31 January 2017.
Montreal Gazette: "Former Montreal Mayor Michael Applebaum Found Guilty of Corruption and Fraud Charges", 27 January 2017.
World Economic Forum: The Global Competitiveness Report 2016-2017.
World Economic forum: The Global Enabling Trade Report 2016.
US Department of State: Investment Climate Statement - Canada 2016.
US Department of State: Human Rights Practice Report - Canada 2016.
Freedom House: Freedom in the World - Canada 2016.
Freedom House: Freedom of the Press - Canada 2016.
Transparency International: Beneficial Ownership Report Canada 2016.
pwc: Global Economic Crime Survey 2016 - Canadian Insights.
Montreal Gazette: "Charbonneau Commission: Quebec has Implemented Only 15 of 60 Recommendations, Watchdog Says", 23 November 2016.
Vancouver Sun: "Money-laundering Watchdog Cites 'Significant' Deficiencies at 100-plus B.C. Real Estate Firms", 18 November 2016.
CBC News: "Fintrac Finds 'Very Significant' Deficiencies at Realtors in Money Laundering Probe", 14 September 2016.
Montreal Gazette: "SNC-Lavalin CEO Tried to Thwart Internal Probe Into MUHC Bribery Allegations: Affidavit", 10 August 2016.
The McLeod Group: "The Extractive Sector and Development", April 2016.
CBC News: "Nathalie Normandeau, ex-Quebec Deputy Premier, Arrested by UPAC", 17 March 2016.
The Globe and Mail: "Mauritian Firm Target of Kinross Probe, Documents Say", 13 March 2016.
CBC News: "Ex-Canada Revenue Agency Auditor Gets 20 months for Extortion, Fraud", 19 January 2016.
World Economic Forum: The Global Competitiveness Report 2015-2016.
Charbonneau Commission: Final Report of the Granting and Management of Public Contracts in the Construction Industry (in French), 24 November 2015.
The Globe and Mail: "Quebec corruption report flags ‘culture of impunity’ in construction industry", 24 November 2015.
CBC News: "Charbonneau commission finds corruption widespread in Quebec's construction sector", 24 November 2015
CBC News: "SNC-Lavalin to pay $1.5M in African Development Bank corruption case", 1 October 2015.
CBC News: "Real estate bought with offshore cash raises money laundering concerns", 24 August 2015.
National Post: "Cash buys and illicit money: Federal audit probes Vancouver’s real estate industry for money-laundering", 24 August 2015.
Financial Post: "SNC-Lavalin Group Inc fraud case postponed again until October", 3 July 2015.
Montreal Gazette: "Canada Revenue auditor convicted of soliciting a bribe", 12 June 2015.
The Globe and Mail: "RCMP lays charges in alleged Canada Revenue Agency fraud scheme", 10 February 2014.
Grant Thornton: "Fighting Construction Fraud in Canada", 2013.
Grant Thornton: "Construction Fraud in Canada - Understand it, prevent it, detect it" 2013.


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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 11:10 pm 
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Posts: 2063
downer mydnyte wrote:
Corruption does not represent a substantial obstacle to doing business in Canada. The country possesses clear-cut regulations and transparent, reliable courts. Numerous corruption investigations raise concern about corruption, illegal financing and kickbacks in the construction sector and in public procurement. Nevertheless, the government has well-functioning mechanisms in place to investigate and punish corruption and abuse of office. The Criminal Code of Canada is the principal anti-corruption legislation, prohibiting corruption, bribery, influence peddling, extortion and abuse of office. Facilitation payments, gift-giving and foreign bribery are criminalized under the Corruption of Foreign Public Officials Act (CFPOA) and are uncommon in practice. The law’s extended jurisdiction permits Canadian courts to prosecute corruption committed by companies and individuals abroad. Canada's anti-corruption legislation is vigorously enforced, and companies and officials guilty of violating Canadian law are being effectively investigated, prosecuted and convicted.

CFPOA Summary
CFPOA Compliance Guide

Last updated: May 2017
GAN Integrity

Download a PDF copy of this report
Save it to read later, or share with a colleague

Judicial System

Canada's judicial system is transparent and free from corruption (HRR 2016; FitW 2016). Businesses report that Canadian courts show high levels of independence and state decent confidence in the efficiency of the legal system in challenging regulations and settling disputes (GCR 2016-2017). Irregular payments and bribes for obtaining favorable judgments are rare (GCR 2015-2016). In one controversial case, a judgment against the energy giant Chevron in an Ecuadorian Court was ruled admissible in a Canadian Court against Chevron's Canadian subsidiaries who were not involved in the case, despite that the case was thrown out in the United States on the grounds that the judgment in Ecuador was obtained using bribery (Financial Post, Feb. 2017); the case was ultimately defeated.

Canada is a signatory to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards and it is a member state of the International Centre for the Settlement of Investment Disputes (ICSID).
Police

There is no significant risk of corruption within the Canadian police force, which has one of the highest levels of reliability in the world in relation to their capability to protect companies from crime (GCR 2016-2017). Companies attribute little cost to crime and violence (GCR 2016-2017).
Public Services

There is a very low risk of encountering corruption when dealing with Canadian public services. Irregular payments or bribes are rarely encountered (GCR 2015-2016). Canada is the second easiest country in which to start a business, requiring only two procedures to register a firm (DB 2017). Notwithstanding, businesses rank inefficient government bureaucracy as the second most competitive disadvantage of investing in the country (GCR 2016-2017). Information on doing business with the Government of Canada is available on Buyandsell.gc.ca.
Land Administration

There is a moderate risk of corruption in Canada's land administration. The construction sector is particularly vulnerable to fraud in the form of bid rigging, collusion and money laundering (GrantThornton, 2013). Construction and real estate companies seeking to invest should take note of the Grant Thornton white paper on construction fraud. Foreign investors enjoy full and well protected property rights, limited only by the right of government to establish monopolies and to expropriate for public purposes (ICS 2016). Dealing with construction permits takes 249 days; 100 days longer than the OECD average (DB 2017). Registering a property takes 16 days, which is lower than the average of 22 days in OECD countries (DB 2017).

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) identifies the real-estate sector to be susceptible to money laundering by people with offshore accounts (CBC News, Sept. 2016). A lack of reporting by realtors and lawyers about suspicious deals give reason for concern about non-transparency and non-compliance in the real estate industry (Vancouver Sun, Nov. 2016). FINTRAC has ramped up scrutiny on money-laundering activities, particularly in British Columbia's heated real-estate market; it found that out of 220 real estate firms examined, 112 had 'significant' and five 'very significant' non-compliance issues (Vancouver Sun, Nov. 2016). Companies and trusts in Canada are not required to disclose their beneficial owners, which has led companies to base shell-companies in Canada for tax evasion purposes (Transparency International, Dec. 2016).

The Charbonneau Commission, a public inquiry into corruption in the construction industry, resulted in the arrest of several persons including mayors (FitW 2016). Several people have since been convicted on corruption charges (Montreal Gazette, Jan. 2017). The final report (in French) revealed that corruption, organized crime, collusion and influence peddling are widespread in Quebec's multi-billion public construction industry (The Globe and Mail, Nov. 2015). In November 2016, a watchdog committee found in a follow-up to the report, that a year later only fifteen out of sixty recommendations had satisfactorily been implemented by the Quebec government (Montreal Gazette, Nov. 2016).
Tax Administration

Incidents of corruption sometimes occur in the Canadian tax administration, but are not considered a concern by companies (GCR 2015-2016). Tax rates and tax regulations are ranked as the fourth and fifth most problematic factors to doing business, respectively (GCR 2016-2017). Preparing, filing and paying taxes is easier and faster than the OECD average (DB 2017).

In another instance, a six-year long investigation into the Canadian Revenue Agency (CRA) led to 36 fraud and bribery charges against seven auditors of whom one has been convicted for corruption (Montreal Gazette, June 2015). The charges concern senior auditors who received bribes in exchange for turning a blind eye to millions of dollars in unpaid taxes and fraudulent tax credits, and CRA officials who tried to pressure company owners to pay bribes in exchange for a reduction of their tax responsibilities (The Globe and Mail, Feb. 2014). Another tax auditor was found guilty of trying to extort CAD 90,000 from a restaurant owner in exchange for waiving a fine; he was sentenced to 20 months in jail (CBC News, Jan. 2016).
Customs Administration

Canada's customs administration does not constitute a barrier for trade and is considered efficient and transparent presenting companies with low corruption risks. Companies identify high tariffs and burdensome import procedures as the main impediments for importing goods, but few businesses point to corruption at the border as being an obstacle to trade (GETR 2016). Companies spend significantly more time on border documentary compliance than in other OECD countires (DB 2017).
Public Procurement

There is a medium risk of corruption in Canadian public procurement. Bribery is not widespread in the procurement sector, but it does occasionally occur (GCR 2015-2016). One in five companies report having experienced fraud in the procurement procedures in Canada (pwc 2016). Companies identify vendor selection, vendor contracting, and invitations to bid as the stages of the procurement process most susceptible to fraud (pwc 2016). Corruption is especially problematic in the Quebec construction industry, which is influenced by the close connections between the construction industry, organized crime and political parties, leading to bid-rigging cartels and corrupt politicians accepting gifts and kickbacks (Globe and Mail, Nov. 2015). More detail on corruption in the Quebec construction sector can be found in the land administration section. Procurement of goods and services to Canada's public sector is carried out and supervised by the Public Works and Government Services Canada (MWGSC) agency. The Office of Small and Medium Enterprises (OSME) helps SMEs understand the basics of government procurement and meet formal requirements.

In 2016, ex-Quebec deputy premier Nathalie Normandeau was arrested on charges of corruption and bribery filed against her by Quebec's anti-corruption bureau in connection with the award of a contract to construct a water-treatment plant to the firm Roche. She allegedly overruled senior bureaucrats to award the contract (CBC News, Mar. 2016). As of April 2017, her trial remains pending (CBC News, Apr. 2017).

A significant number of the World Bank’s list of firms blacklisted are from Canada; they are forbidden from bidding on its global projects, with SNC-Lavalin and its affiliates representing 115 of the 117 Canadian entries (World Bank, May 2017). In 2015, the Montreal-based construction giant SNC-Lavalin agreed to pay a CAD 1.5 million settlement to resolve a corruption case brought forward by the African Development Group that former employees of SNC-Lavalin International Inc. ordered illicit payments to public officials to secure two contracts in two African countries (CBC, Oct. 2015). Former SNC-Lavalin CEO Pierre Duhaime is currently facing charges of bribery and fraud amounting to CAD 22.5 million in connection to the construction of the McGill University Health Centre in Montreal (Montreal Gazette, Aug. 2016). SNC-Lavalin is pushing for Canada to implement deferred prosecution agreements to avoid a guilty verdict which would cause it great reputational harm and bar it from bidding on government contracts for 10 years (Corporate Crime Reporter, Jan. 2017). Companies convicted of corruption face a ten year ban from bidding on public contracts in Canada; which may be reduced to five years if the company can show that the causes of corruption have been addressed (ICS 2016). Companies charged with corruption face an eighteen month suspension (Lexology, Feb. 2017). To minimize risks, companies should use a public procurement due diligence tool when doing business in Canada.
Natural Resources

Risks of corruption in the Canadian natural resources sector is low. However, Canadian companies frequently face allegations of engaging in corrupt practices in mining projects abroad (The McLeod Group, April 2016). To minimize corruption, the Extractive Sector Transparency ‎Measures Act (ESTMA) requires businesses involved in the exploration or extraction of oil, gas or minerals to publicly report each year specific types of payments made to all levels of government in Canada and abroad. Companies active in this area are advised to consider the Guidance and Technical Reporting Specifications (revised March 2016) provided by the government of Canada in order to understand the requirements imposed by the law. In order to promote and showcase ethically sound behavior of companies operating in the natural resource industry, Canada publishes the CSR practices of Canadian companies active in the extractive and mining sector abroad.
Legislation

Canada has a comprehensive and well-enforced legal anti-corruption framework in place. The Criminal Code of Canada criminalizes active and passive bribery, facilitation payments, influence peddling, extortion and abuse of office. Bribery of foreign public officials is addressed by the Corruption of Foreign Public Officials Act (CFPOA). See summary and compliance guide for the CFPOA. Five years' imprisonment is the maximum criminal penalty for corruption crimes committed in Canada, while foreign bribery is punishable by a maximum jail term of 14 years. Heavier sanctions exist in case of bribery involving judges and law enforcement officers. No limit is imposed on financial penalties for corruption. Civil resolution for bribery such as a non-prosecution agreement is not possible under Canadian law. Facilitation payments are currently not criminalized in the CFPOA, but these will be illegal under amendments introduced to the act (Lexology, Feb. 2017). Gifts are only allowed under the CFPOA to build a business relationship and as long as it is a reasonable expenditure (Lexology, Feb. 2017). Private sector bribery is criminalized under the Criminal Code. Money laundering is criminalized under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). The Conflict of Interest and Post-Employment Code for Public Office Holders requires public officials to disclose their financial assets and regulates conflict of interest; however, certain financial and personal assets are exempted from the publication requirement. All public sector employees are required to adhere to a code of conduct: the Values and Ethics Code for the Public Sector. Canadian anti-corruption legislation is supplemented by the Canada Business Corporations Act, which criminalizes accounting practices that require manipulation of a company's accounts. The Federal Accountability Act provides for accountability and transparency in the government and addresses conflicts of interest, electoral financing and lobbying. Public sector employees reporting on corruption or other misconduct are protected by the Public Servants Disclosure Protection (PSDP) Act. Companies are advised to consider FINTRAC's guide and operational brief to assess and mitigate money laundering risks in Canada. Unlike the private sector, whistleblowers in the public sector are protected from retaliation under the Criminal Code. The Code of Conduct for Procurement applies to all vendors and public officials involved in the public procurement process.

Canada has ratified the UN Convention Against Corruption and the OECD Anti-Bribery Convention. Canada is a party to the Inter-American Convention Against Corruption (IACAC Convention). Companies are advised to review the locally applicable legislation, since anti-corruption legislation may differ between Canadian provinces.
Civil Society

The constitution of Canada protects freedoms of expression and of the press, but the government has the authority to restrict free speech if it is considered hate speech, the definition of which remains loose (HRR 2016; FotP 2016). Defamation is punished by up to 5 years in prison, but journalists can avoid liability for defamation if they are able to show that they acted responsibly in covering an issue of public interest, regardless of whether their statements were ultimately true or not (FotP 2016). The confidentiality of sources is not legally protected; courts decide whether to protect sources on a case-by-case basis (FotP 2016).The Access to Information Act gives citizens the right to access federal government records. There are concerns about roughly half of all Canada's media being privately owned (FotP 2016). Citizens enjoy free and unrestricted access to the internet, and the country's media environment is considered 'free' (FotP 2016).

Civil society organizations (CSOs) generally act without restrictions (FitW 2016) and frequently work in partnership with public agencies (HRR 2016). One cause for concern is a report by four UN special rapporteurs alleging that the National Energy Board and the Canadian security apparatus were involved in systematic monitoring of various NGOs preparing to participate in hearing about a proposed oil pipeline (FitW 2016). The Canadian government responded by saying that the agencies had acted in accordance with the law (FitW 2016).
Sources

World Bank & IFC: Doing Business 2017.
World Bank: "List of Blacklisted Firms", accessed 8 May 2017.
CBC News: "Ex-Quebec Deputy Premier Nathalie Normandeau's Trial Could Start Sooner Than Planned", 15 April 2017.
CBC News: "Justice Robin Camp Resigns after Judicial Council Recommends Removal", 9 March 2017.
The Globe and Mail: "First Nations Coalition Demands B.C. Inquiry into Mining Practices", 7 March 2017.
Financial Post: "Why Did Canadian Courts Even Consider A Case that a U.S. Court Originally Ruled Was Corrupted?", 21 February 2017.
Lexology: "Anti-Corruption & Bribery in Canada", 8 February 2017.
Corporate Crime Reporter: "SNC-Lavalin Pushes for Deferred Prosecution Agreements in Canada", 31 January 2017.
Montreal Gazette: "Former Montreal Mayor Michael Applebaum Found Guilty of Corruption and Fraud Charges", 27 January 2017.
World Economic Forum: The Global Competitiveness Report 2016-2017.
World Economic forum: The Global Enabling Trade Report 2016.
US Department of State: Investment Climate Statement - Canada 2016.
US Department of State: Human Rights Practice Report - Canada 2016.
Freedom House: Freedom in the World - Canada 2016.
Freedom House: Freedom of the Press - Canada 2016.
Transparency International: Beneficial Ownership Report Canada 2016.
pwc: Global Economic Crime Survey 2016 - Canadian Insights.
Montreal Gazette: "Charbonneau Commission: Quebec has Implemented Only 15 of 60 Recommendations, Watchdog Says", 23 November 2016.
Vancouver Sun: "Money-laundering Watchdog Cites 'Significant' Deficiencies at 100-plus B.C. Real Estate Firms", 18 November 2016.
CBC News: "Fintrac Finds 'Very Significant' Deficiencies at Realtors in Money Laundering Probe", 14 September 2016.
Montreal Gazette: "SNC-Lavalin CEO Tried to Thwart Internal Probe Into MUHC Bribery Allegations: Affidavit", 10 August 2016.
The McLeod Group: "The Extractive Sector and Development", April 2016.
CBC News: "Nathalie Normandeau, ex-Quebec Deputy Premier, Arrested by UPAC", 17 March 2016.
The Globe and Mail: "Mauritian Firm Target of Kinross Probe, Documents Say", 13 March 2016.
CBC News: "Ex-Canada Revenue Agency Auditor Gets 20 months for Extortion, Fraud", 19 January 2016.
World Economic Forum: The Global Competitiveness Report 2015-2016.
Charbonneau Commission: Final Report of the Granting and Management of Public Contracts in the Construction Industry (in French), 24 November 2015.
The Globe and Mail: "Quebec corruption report flags ‘culture of impunity’ in construction industry", 24 November 2015.
CBC News: "Charbonneau commission finds corruption widespread in Quebec's construction sector", 24 November 2015
CBC News: "SNC-Lavalin to pay $1.5M in African Development Bank corruption case", 1 October 2015.
CBC News: "Real estate bought with offshore cash raises money laundering concerns", 24 August 2015.
National Post: "Cash buys and illicit money: Federal audit probes Vancouver’s real estate industry for money-laundering", 24 August 2015.
Financial Post: "SNC-Lavalin Group Inc fraud case postponed again until October", 3 July 2015.
Montreal Gazette: "Canada Revenue auditor convicted of soliciting a bribe", 12 June 2015.
The Globe and Mail: "RCMP lays charges in alleged Canada Revenue Agency fraud scheme", 10 February 2014.
Grant Thornton: "Fighting Construction Fraud in Canada", 2013.
Grant Thornton: "Construction Fraud in Canada - Understand it, prevent it, detect it" 2013.


Glad all is hunky Dory in Kanakland :mrgreen:


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 Post subject: Re: TRUMP
PostPosted: Tue Jan 09, 2018 11:17 pm 
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Today, Senator Dianne Feinstein released the transcript of Glenn Simpson's testimony to the Senate Judiciary Committee.

Mr. Simpson is one of the founders of Fusion GPS, the company which conducted opposition research of Donald Trump during the 2016 election. In the course of that research, Fusion GPS hired former British agent Christopher Steele to investigate Trump's connections to Russia.

Senator Chuck Grassley - chairman of the Judiciary Committee - had initially said he was in favor of releasing the transcript. Then he changed his mind.

Last week, Mr. Simpson and his partner Peter Fritsch wrote an Op-Ed for the New York Times, in which they asked the Judiciary Committee to release the transcript of Mr. Simpson's testimony.

This week, Grassley and Committee member Lindsey Graham requested that the Department of Justice open an investigation of Mr. Steele.

Feinstein is the ranking member of the Committee, and wasn't consulted before Grassley and Graham made the request.

So here's the transcript:

https://www.feinstein.senate.gov/public/_cache/files/3/9/3974a291-ddbe-4525-9ed1-22bab43c05ae/934A3562824CACA7BB4D915E97709D2F.simpson-transcript-redacted.pdf

And here's the dossier that Steele created for Fusion GPS:

https://www.documentcloud.org/documents/3259984-Trump-Intelligence-Allegations.html

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 Post subject: Re: TRUMP
PostPosted: Wed Jan 10, 2018 2:12 am 
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Disco Boy wrote:

If you actually watched the clip, then you'd realize Ron Paul does NOT deny Trump's performance. RP is talking about what he has been discussing now for years, which is the perils of Keynesian economics, currency bubbles and debt.

The only thing I'll add to the above, is that it does still make sense that the US currency bubble will eventually explode. But that doesn't mean he's blaming Trump because he's NOT. Trump inherited this mess... :roll:


But you are, once again, unable to provide a single quote from the interview posted that supports your assertion that Ron Paul does not deny Trump's performance (except to point out that only wealthy have profited) or that he is not blaming Trump for continuing Kenesyian economic policies. As to your claim that I have not watched the interview myself, I think I made pretty clear that I have above, by lengthily quoting verbatim from it, something that you do not - probably because what you claim he says is not what he says in the interview, however much you wish he did.

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 Post subject: Re: TRUMP
PostPosted: Wed Jan 10, 2018 11:31 am 
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Disco Dumbfuck wrote:
Over the past year, there are more Americans working than EVER in history....


Last year, Pres Obama's jobs policies were still in place.

Now that Trump's policies are finally taking hold....

Reality check time


Carrier laying off another 215 employees
http://thehill.com/homenews/administrat ... -this-week

"Carrier said in a statement the layoffs are part of the company's plan to "relocate fan coil manufacturing production lines," which are moving to a facility in Mexico..."

New layoffs at Indiana Carrier factory year after Trump deal
https://www.cnbc.com/2018/01/10/the-ass ... -deal.html


Snap hit with more layoffs, plans to slow hiring in 2018
http://www.businessinsider.com/snap-hit ... 18-2017-10


ALLERGAN LAYOFFS 2018: COST-CUTTING MEASURE INCLUDES ELIMINATION OF POSITIONS
https://americaclosed.com/allergan-layo ... positions/

" It was announced that the company is cutting over 1,000 jobs across Allergan’s commercial team and other areas. Allergan’s layoffs for 2018’s start also include eliminating another 400 currently open positions."

"While the new year is still in its infancy, there are already a large number of *SPAM* layoffs planned for 2018. In addition to Allergan’s layoffs in 2018, Pfizer Inc. (NYSE:PFE) and Bristol-Myers Squibb Co (NYSE:BMY) also plan to reduce their headcount by significant numbers."

...and speaking of Pfizer...

Pfizer, pocketing a big tax cut from Trump, will end investment in Alzheimer's and Parkinson's research and cut jobs
http://www.latimes.com/business/hiltzik ... story.html

"With every passing day, it becomes clearer who’s reaping the benefit of the huge tax cut handed over to American corporations by the Republican-dominated Congress in December.

Spoiler alert: Not workers or customers, but shareholders, especially the rich ones. (Don’t be fooled by those $1,000 bonuses handed out by a few big companies anxious to curry favor with the Trump White House — if they were serious about improving their employees’ lot they’d distribute the money in the form of permanent raises, not a bonus that you can safely bet will be a distant memory by this time next year.)"


Houston layoffs expected in Vistra takeover of Dynegy
http://www.chron.com/business/energy/ar ... 320041.php



.....and this doesn't even scratch the surface on the massive loss of jobs currently underway already this year, and it's only the first 10 days into it.


In other words Disco Chump, you won't be seeing anymore jobs records broken now that Pres Obama's policies are being phased out after the first year since he left. I know you'll ride that fantasy until you no longer can, then you'll blame it on Obama.


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 Post subject: Re: TRUMP
PostPosted: Wed Jan 10, 2018 3:09 pm 
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 Post subject: Re: TRUMP
PostPosted: Wed Jan 10, 2018 8:08 pm 
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Caputh wrote:
Disco Boy wrote:

If you actually watched the clip, then you'd realize Ron Paul does NOT deny Trump's performance. RP is talking about what he has been discussing now for years, which is the perils of Keynesian economics, currency bubbles and debt.

The only thing I'll add to the above, is that it does still make sense that the US currency bubble will eventually explode. But that doesn't mean he's blaming Trump because he's NOT. Trump inherited this mess... :roll:


But you are, once again, unable to provide a single quote from the interview posted that supports your assertion that Ron Paul does not deny Trump's performance (except to point out that only wealthy have profited) or that he is not blaming Trump for continuing Kenesyian economic policies. As to your claim that I have not watched the interview myself, I think I made pretty clear that I have above, by lengthily quoting verbatim from it, something that you do not - probably because what you claim he says is not what he says in the interview, however much you wish he did.


Once again, you continue to misinterpret things and stretch them into absurd extremes.

NOWHERE in the interview did Ron Paul state Trump's performance was poor. Though, he did seem to downplay it overall, which I find odd because the amazing job creation, GDP and stock market numbers., etc., speak for themselves (as I've pointed out numerous times). But since RP is against Keynesianism, he's worried about the affects of it...and so he's obviously focusing on that instead. But you're COMPLETELY ignoring the FACT that the Obama Administration got us into this mess in the first place... :roll:

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 Post subject: Re: TRUMP
PostPosted: Wed Jan 10, 2018 8:13 pm 
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Tweedle-Dumb-Diane-Bean-Counter wrote:
Disco Boy wrote:
Over the past year, there are more Americans working than EVER in history....


Last year, Pres Obama's jobs policies were still in place.

Now that Trump's policies are finally taking hold....

Reality check time


ONE. MORE. TIME. FOR. THE. WORLD.:

Over the past year, there are more Americans working than EVER in history, you stupid fuck.

Mij wrote:
35300 added jobs in October.
Rising buying power will keep peoples buying more.
New workers will be needed. Simple mathematics.
People just can't save their money. They gotta spend it.
http://www.cbc.ca/news/business/jobs-october-1.4385644

I'm not a fan of Trudeau. I disliked his father.
I won't give him credit for these jobs.
I think Economy has a way of doing what it wants.
But now, the general feeling is one of optimism.
But it will mean nothing if Trump declares war to whatever country.
:P


Since GDP is abysmal, there is no, 'rising buying power.' :roll:

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Last edited by Disco Boy on Wed Jan 10, 2018 8:23 pm, edited 1 time in total.

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 Post subject: Re: TRUMP
PostPosted: Wed Jan 10, 2018 8:23 pm 
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Disco Boy wrote:
you're COMPLETELY ignoring the FACT that the Obama Administration got us into this mess in the first place... :roll:

"FACTS are stupid things – stubborn things, should I say" - Ronald Reagan

"Fuck Me"- Regan in The Exorcist (1973)

Obama got us into THIS mess because Bush got him into THAT mess because Clinton got Bush into HIS mess due to Bush's daddy getting Clinton into THAT mess which Reagan handed off to Bush which was really Carter's mess inherited from the fallout of Nixon's mess which was all the fault of Johnson's mess which was caused by Kennedy's mess that had been passed down from Eisenhower who inherited...


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 Post subject: Re: TRUMP
PostPosted: Wed Jan 10, 2018 10:08 pm 
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Disco Dumbfuck wrote:
SPACEBROTHER wrote:
Disco Dumbfuck wrote:
Over the past year, there are more Americans working than EVER in history....


Last year, Pres Obama's jobs policies were still in place.

Now that Trump's policies are finally taking hold....

Reality check time


ONE. MORE. TIME. FOR. THE. WORLD.:

Over the past year, there are more Americans working than EVER in history, you stupid fuck.



...entirely because of the inherited economy of Pres Obama's, you stupid fuck.

Now that Trump's economy is beginning to take hold...


New layoffs at Carrier factory year after Trump deal
http://fox59.com/2018/01/10/new-layoffs ... rump-deal/


Trump Promised to Protect Steel. Layoffs Are Coming Instead.
https://www.nytimes.com/2017/12/22/busi ... yoffs.html


Trump's 2018 Budget Proposal Raises Concern for Layoffs and Retirement Planning
http://www.myfederalretirement.com/publ ... rement.cfm


Despite New Tax Promises, AT&T Layoffs Undercut Trump Brand
https://www.triplepundit.com/2018/01/de ... ump-brand/


NIKE LAYOFFS 2018: NIKETOWN CLOSURE IN NYC TO IMPACT 357 EMPLOYEES
https://americaclosed.com/nike-layoffs- ... employees/


Trump once claimed he saved this manufacturing company. It’s already issued hundreds of layoffs.
https://thinkprogress.org/carrier-trump ... 893d8324a/


Steelworkers Facing Layoffs While Waiting for Trump Policies
https://www.newsmax.com/Politics/steelw ... id/833338/


....Trump's even laying off his own employee's from his businesses, you stupid fuck...


Trump SoHo hotel plans layoffs amid nosediving corporate event business
http://www.nydailynews.com/new-york/tru ... -1.3192193


....and another broken Trump promise, you stupid fuck...

Mine closing wipes out many of Trump's coal job gains
http://money.cnn.com/2018/01/10/news/co ... index.html



Tenet increases company layoffs to 2K
https://www.healthcaredive.com/news/ten ... an/514348/



...so yeah, you stupid fuck, now that Pres Obama's economy is gradually becoming Trump's economy...you can no longer blame Obama. Suck on that dumbfuck.


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 Post subject: Re: TRUMP
PostPosted: Wed Jan 10, 2018 11:23 pm 
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Disco Boy wrote:
Caputh wrote:
Disco Boy wrote:

If you actually watched the clip, then you'd realize Ron Paul does NOT deny Trump's performance. RP is talking about what he has been discussing now for years, which is the perils of Keynesian economics, currency bubbles and debt.

The only thing I'll add to the above, is that it does still make sense that the US currency bubble will eventually explode. But that doesn't mean he's blaming Trump because he's NOT. Trump inherited this mess... :roll:


But you are, once again, unable to provide a single quote from the interview posted that supports your assertion that Ron Paul does not deny Trump's performance (except to point out that only wealthy have profited) or that he is not blaming Trump for continuing Kenesyian economic policies. As to your claim that I have not watched the interview myself, I think I made pretty clear that I have above, by lengthily quoting verbatim from it, something that you do not - probably because what you claim he says is not what he says in the interview, however much you wish he did.


Once again, you continue to misinterpret things and stretch them into absurd extremes.

NOWHERE in the interview did Ron Paul state Trump's performance was poor. Though, he did seem to downplay it overall, which I find odd because the amazing job creation, GDP and stock market numbers., etc., speak for themselves (as I've pointed out numerous times). But since RP is against Keynesianism, he's worried about the affects of it...and so he's obviously focusing on that instead. But you're COMPLETELY ignoring the FACT that the Obama Administration got us into this mess in the first place... :roll:


a) Once again, on Trump's performance he says:
"Things are a little bit better - if you're in the stock market and a wealthy person you're doing quite well, but what we're forgetting here when we listen to all this rhetoric about all this optimism is that there is a large section of our population that is having a difficult time. We have two types of society here; the lower 50 per cent and the top 10 or 15 per cent and the economy is doing well for the wealthy but not for the, the poor.

And where there is prosperity and more jobs it depends on debt. Yes, an individual can feel very good, if they have a line of credit to the bank, but eventually their line of credit runs out. We, in this country, benefit because we have the reserve currency in the world. We can run up a lot of debt and we can spend a lot of money and even with that we've had a great deal of difficulties in the last 8 years trying to get out of the recession. And I, quite frankly, don't really believe we're out of this recession. But, believe me, we have a lot more debt, it's self limiting and I think before this year out the amount of debt we have is going to be a great burden because interest rates are creeping up. And all of sudden that's going to make our budgetary problems very difficult to handle."
This is not an endorsement of Trump's performance, nor is it "not denying" it. Unless you can provide a quote from the interview that proves otherwise.

b) Nowhere in the interview does he say: "that the Obama Administration got us into this mess in the first place... " which is probably why I'm "ignoring" this so-called "FACT".

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