Bernard the roughneck revisited

[WiltonRanch]

Good idea. Got tired of bein outside in the winter a while ago.
Thinkin of some job that relies on others workin outside generating that 'first' dollar. Then i can sit back and decide who 'deserves' more than me. (No one of course)
Aw who am i kiddin. I cant change who i am. And besides rachels cabinet filled with outsiders already who would do a better job of doin fk all and count others money.
Last time i was ****d by a lawyer i noticed his shelves full of Suzuki. Its all about makin sure no one makes too much so the stupid and lazy can get fat too.
Some here quiet when the silent get pissed. No wonder trump getting traction.

Like like like

[stonepicker]

Far more big grain terminals were built during the --- era.

[farmaholic]

blackpowder's on a roll..... Are you waiting out the bad weather and venting anyway possible?

[blackpowder]

Fair enuf stoney. But not here.
And commercial storage in Canada still smaller than US or Aus.

[blackpowder]

Farma. Not quite. But after mild ptsd swallowing shit from people like (you know who on here), I have to stand up.
Funny how the napoleon complex ( short fkrs) are very quiet when us strong silent (not vertically challenged) types get vocal.
I dont shoot across the bow when i stand up.

[Hamloc]

Personally I think Alberta should have and should have had a sales tax. The majority of royalties would then be put in savings not general revenue. This didn't occur historically not because of poor political planning but because Albertan's did not want a sales tax and still don't today, the politicians are simply responding to the electorate's wishes.

Now let's pretend Alberta had amassed a 200 billion dollar savings account because we are not a nation but a province do you really think Ottawa would let us keep it? And further let's look at NDP policy, massive unprecedented spending with no offsetting increase in revenue and no plan to even try to balance the books any time soon. By 2019 we will have almost 60 billion of debt. Debt servicing at 4% is 2.4 billion. So if by some miracle Albertans realize we need a sales tax and say it is started at 5% which would bring in about 5 billion, half of that will go to interest payments. So explain to me how the NDP are any smarter than the previous PCs.

[blackpowder]

Well hammy, i agree, i think. then we could have called a spade a spade. Sales tax not carbon (consumption) tax. Then the bidet using Ottawa knobs would have had to call it something other than a transfer pmt.
Fk. If your cold and hungry go where theres heat work and food. Or........0(

[blackpowder]

Oh, and after watching some Duke all i have to say is, "Fill your hand you sonofabitch"!

[chuckChuck]

There are some misconceptions about equalization transfers. All transfers to "have not" provinces come out of federal taxes paid by all Canadians and corporations. If you pay Federal tax in Ontario or Quebec then you are also paying into equalization.

Alberta does not directly cut a check to Ontario or Quebec. Alberta has higher incomes than have not provinces and so pays more Federal tax.

The formula is complex. But the intention is to make sure poorer provinces have similar services like health and education. Without it the Maritime provinces would not be able to keep a good standard of living or provide the basics of health care and education.

Alberta does not receive equalization payments because they still have higher incomes than the the rest of the provinces.

Alberta's deficit problems are all related to an over reliance on resource revenue and mismanagement by previous governments. A sales tax would be a good start.

[ajl]

Leftards are beating the Norway sovereign wealth fund drum again as the see central planning works thing again. It has also taking a beating as oil prices decline recently although getting recent information seems to be difficult. Lots of 2014 and previous references in the article as well as online. As others have pointed out: Norway does not have transfer payments to make and that is where the Alberta 'sovereign' wealth went.

[stonepicker]

Chuck, alberta hasn't had a deficit problem till this year. Is that some sort of new math your using for transfer pmts.? I believe it was 10 billion for alta. last year and it wasn't federal taxes.

[mustardman]

Anybody in Alberta that thinks our Short premier is doing a Better job -think again

Little Bradley has led a LOW Revenue , HIGH spending government for 9 years (6 of those were deficits)

Alberta ,We are BROKE too, but we have a Better SPIN Doctor, telling the story

[cottonpicken]

More tax?wouldnt that be great if it worked,i'll stock the bottles at the liquor store mon-friday 9-5.

You guys can trip pipe on a drilling rig in the middle of the night on christmas.

Whats obvious to me is they are blowing a "green" bubble.Just like all the other bubbles they have blown.

[grassfarmer]

Chuck, alberta hasn't had a deficit problem till this year. Is that some sort of new math your using for transfer pmts.? I believe it was 10 billion for alta. last year and it wasn't federal taxes.

Not true Stonepicker - this from the Fraser Institute:

"Consider that between 2004/05 and 2015/16, provincial government spending growth was considerably greater than the rate required to keep pace with population growth and inflation. Had the government increased spending more prudently during this period, at the same rate as population growth plus inflation, government spending today would be approximately $10 billion lower than it is and Alberta would face a much more manageable deficit of approximately $1 billion—about one-tenth as big as this year’s actual shortfall."

The Fraser Institute report was also critical of the Notley Government continuing to increase spending.

[tweety]

so what are you thinking there in AB your NDP government should do to overcome the fact that it oil isn't profitable enough? What would the conservatives have done? To not have a carbon tax would help a tiny bit, but in the big picture its not really going to resolve anything by eliminating it - oil will still be 45$ and that's the problem.

Its fine to bitch and whine, but really, what can any government do? Spend a bunch of tax dollars to keep Bernard in the lifestyle he has become accustomed to?