A little gem from 1931

[Guest]

[bucket]

Trudeau either hasn't read that quote OR he can't understand it.....but he is working hard on ending the nation of Canada....

[furrowtickler]

Anyone who believes in the carbon tax should read that about 100 times until it sinks in .

[SASKFARMER3]

Wow that sure sums it up great.

Like the fools who believe they have a new form of socialism.

Sooner or later the ones who are working say f$&kit the free food and vodka works and I’ll stay home. At the same time take my guns and no freedom of speech and boom it’s yo late and you have Venezuela.

[bucket]

We are heading to the model of the Russia of old ...the vodka drinking Belarus tractor driving farmers....while the new russia eats our lunch with their infrastructure upgrades.....

[Hamloc]

I read an excerpt this morning of a recent interview on CBC radio. The guest felt that a guaranteed income for all payed for by much higher taxes on highest income earners could save capitalism by creating new investments in new businesses by those receiving this guaranteed income. Does this sound remotely logical to anyone? Government's are talking more and more about a guaranteed minimum income, it is inevitable IMO!

[furrowtickler]

I read an excerpt this morning of a recent interview on CBC radio. The guest felt that a guaranteed income for all payed for by much higher taxes on highest income earners could save capitalism by creating new investments in new businesses by those receiving this guaranteed income. Does this sound remotely logical to anyone? Government's are talking more and more about a guaranteed minimum income, it is inevitable IMO!

Just look at the Democratic election promises going on in the US .
Hard to believe people think this money will come out of thin air .
Before they have a chance to tax the wealthy..... the wealthy will be gone .. it’s happening already. Billionaires will move their money elsewhere , leaving the middle class to be crushed by overburdened tax’s to pay for these crazy ideas .

[burnt]

A 7 minute clip that shows how this will turn out. From about 0:30 to 3:00.

What a great movie.

[mustardman]

Let’s not forget when America Was Truly Great- the 1950s and 60s when their tax rates were Over 70%
Economy And Innovation was booming , leading the world

Then along come the Neo-cons - Reagan , Thatcher etc and now we have 8 people with more wealth than Millions, and they pay little if any taxes

Trickle down economics explained. “Don’t Piss on my leg and then telling me it’s raining”

[the big wheel]

The statement somebody wants something for nothing gets a bit cloudy when you have people working 2 jobs rhat don't pay the basic necessities of a family. While the owner of those jobs sets on their ass collecting the money in the tropics somewhere. What do you all think is happenning to us farmers we re working our asses off which I don't mind except we re also taking all the risk. While some are sitting collecting the real dough? Take the seed tax as a small example we pay the shot if they make garbage or something gold they get paid what do we get? If it's garbage we likely lose a couple crops due to shot seed if it's good seed we flood the market. It's a win win isn't it?

There is the problem of others that wouldn't work whether they made a dollar or a million though. Those are rhe situations that help blur the lines of whatnis what.

[burnt]

Let’s not forget when America Was Truly Great- the 1950s and 60s when their tax rates were Over 70%
Economy And Innovation was booming , leading the world

Then along come the Neo-cons - Reagan , Thatcher etc and now we have 8 people with more wealth than Millions, and they pay little if any taxes

Trickle down economics explained. “Don’t Piss on my leg and then telling me it’s raining”

Hmmm, not sure if you lump the Sock Boy prime minister in with "Neo-cons" perhaps - a trust fund baby that has his wealth stashed away in offshore accounts where the taxman can't reach it... or [B]Finance Minister Bill Morneau who has done the same, [B] or Paul Martin, the great Liberal Finance Minister credited with getting the budget under control, etc, all Neo-cons, eh?

Perhaps the problem isn't with the tax system?

Perhaps the problem lies in human nature that no tax scheme can solve?

I can't believe that you went down this regressive road. Well, yes I can.

[ajl]

Reality is that free enterprise market based capitalism has been in the history books for so long that nobody would recognize it if it did show up. Today's bizarre mixture of socialism and crony capitalism is FAR from free enterprise. Most likely do not have the skills to survive if free enterprise capitalism ever showed up and don't go believing that your going to be all right and it is the others who will struggle to survive. Government in various forms is over 70% of the Canuckistanian economy today. This includes everything from SM farmers to speculators who need the central banks to keep transferring wealth their way. You can increase GDP by doing more tax audits so it is not a credible way of measuring economic growth. Anyways the economy needs are hard reset but who want to go first.

[burnt]

ajl - "free enterprise market based capitalism" may be ambiguous these days, but it certainly is not dead and gone. In fact, although it is under attack and faces serious threats, I don't believe it is even on th3e endangered species list!

I think back over the days when I was young and ambitious with a certain sense of satisfaction - not because I was always successful or got rich, but I sure gave it the best darn shot I could.

I quit the off-farm job of logging in my mid-30s because of carpal tunnel syndrome. That's when things got tough - mortgages, family to feed, others to care for.

We were raising Holstein veal calves on a significant scale for teh day and it was not an easy row to hoe. I made the nerve-wracking 2 hr. trip to Toronto Stockyards once or twice a week with 15 calves per load. It seemed wasteful to come back home empty, so I looked for stuff to haul back.

Through a connection of mine, it turned out to be sharply discounted lumber which I peddled to farmers who made use of it. Then I started to use it for building wooden-deck hay wagons and round bale carriers. Sold just a ton of them over the next 5 or 6 years. Hired help one summer when it got to be more than I and our family could keep up to. I love free enterprise.

But then free enterprise kicked in again and my material price shot up and steel got cheap - I got squeezed out of the market by cheaper steel products.

But then I found other things to fabricate and life went on. Not always easy, and sometimes it was brutally tough - BRSV hit the calf barns, 33% mortality, but we got through it, badly battered. No bailouts.

Got ahead again, bought more land, sold it when it went nuts...

All to say that opportunity is out there if one has the ambition and guts to chase it. And if an inept operator like me can do it, then its open to almost anyone.

What is making it harder than anything else is the irrational level of regulation that we face in almost any industry.

[Klause]

What is making it harder than anything else is the irrational level of regulation that we face in almost any industry.

Yup.


We live in a time and erra where you can build a polywell in your basement, 3d-print almost anything you can imagine, and the skills, knowledge and communications infrastructure is pretty much world wide limitless.


Yet governments try and get in the way. Tax and regulate everything.

In the end, they do this to control competition and innovation... powerful corporate lobbies make sure of it.


Blind corporatism is not the same as free enterprise capitalism - not in any way shape or form. It is as evil, sinister and pervasive as socialism.

[the big wheel]

ajl - "free enterprise market based capitalism" may be ambiguous these days, but it certainly is not dead and gone. In fact, although it is under attack and faces serious threats, I don't believe it is even on th3e endangered species list!

I think back over the days when I was young and ambitious with a certain sense of satisfaction - not because I was always successful or got rich, but I sure gave it the best darn shot I could.

I quit the off-farm job of logging in my mid-30s because of carpal tunnel syndrome. That's when things got tough - mortgages, family to feed, others to care for.

We were raising Holstein veal calves on a significant scale for teh day and it was not an easy row to hoe. I made the nerve-wracking 2 hr. trip to Toronto Stockyards once or twice a week with 15 calves per load. It seemed wasteful to come back home empty, so I looked for stuff to haul back.

Through a connection of mine, it turned out to be sharply discounted lumber which I peddled to farmers who made use of it. Then I started to use it for building wooden-deck hay wagons and round bale carriers. Sold just a ton of them over the next 5 or 6 years. Hired help one summer when it got to be more than I and our family could keep up to. I love free enterprise.

But then free enterprise kicked in again and my material price shot up and steel got cheap - I got squeezed out of the market by cheaper steel products.

But then I found other things to fabricate and life went on. Not always easy, and sometimes it was brutally tough - BRSV hit the calf barns, 33% mortality, but we got through it, badly battered. No bailouts.

Got ahead again, bought more land, sold it when it went nuts...

All to say that opportunity is out there if one has the ambition and guts to chase it. And if an inept operator like me can do it, then its open to almost anyone.

What is making it harder than anything else is the irrational level of regulation that we face in almost any industry.

Your right about the regulations although sometimes they are needed the problem lies in how long the regulations take to get sorted out or approved or denied. Sometimes not a problem with the regulation itself.

I think it's a much differnt time now. When you and I started out our off farm jobs could pay for a bad year on the farm or at least help greatly. Now off farm jobs are peanuts to apply to the farm expenses as you said things went nuts except what people are earning relative to costs of living nevermind cost of production.

I'd assume you'd agree no one could startout but land and equipment on their own now days and have even one year of loss.