Sofaking, on 01 August 2009 - 12:40 AM, said:
Your right Capitalism succeeds... in moving the jobs of hard working Americans to places like Mexico and China. Where labour can be bought for pennies a day.
You know why the jobs have been moved over there? It's because America has one of the highest corporate tax rates now thanks to liberals. Even Microsoft is considering moving out of the USA now. Taxes raised? Minimum wage raised? Ok, companies are going to move to Mexico and China where they can continue to function instead of going bankrupt. That's the reality of the situation. Capitalism succeeds when it's not heavily regulated, jobs would have been kept here. When it's regulated, then you will have companies moving overseas. DUH! So your statement is incorrect.
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Wow... I don't even know where to begin with your take on Canadian health care. It's almost as if you making an assertion that my doctor needs to inform the government as to what treatment I need so they can rubber stamp it. That the government has the power to say I'm sorry but your not getting that triple bypass you so desparately need.
We have the lowest mortality rates for treatment here compared to any other country in the world. That's because the doctor decides what the best course of treatment is - there's no third party (like the government) involved.
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Putting your faith in a company that is there to make money is foolish. You really believe that a private health care provider is only concerned with your health and well being and not making a profit? Insurance providers go to great lengths to figure out how not to pay your claim. Yeah I love that kind of freedom sure beats the freedom of knowing that no matter what happens to me at home or at work I'll be treated in hospital for free. Cheaper rates for being fit a non smoker, non drinker sounds like life insurance.
Only people who don't read the fine print say this. Companies want your money but they don't get it until you pay them. It's that simple. With a government option, your money is forcibly removed and you have no say in the matter. You call that freedom? Alright then. As soon as you guys understand that health care is not a right, it's a privilege, we will all be better off. You can choose to have insurance or not - that's your choice. When it comes to government providing health, you do not have a CHOICE!
Here, you can pay $50-75 a month for a tiny health plan that covers only a select few things, or you can pay upwards of $250-300 a month for a better health plan that would cover every single thing you wanted... even cosmetics surgeries, etc. The bottom line is that in America, you have a choice on how much you want to pay for your health insurance. You also have a choice if you don't want health insurance at all. You guys don't get a choice in Canada. Your own government decides to shove their socialized health down your throats and that's that.
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So what happened to these sub prime loan mortgages.... they were bought up by private firms, bundled together in blocks sold to foreign investers/countries amd that these foreign investers were never told that these subprime mortgages were inside. So as long as people paid their mortgages then the investers got paid. When the mortgage crisis hit and all these subprime mortgages went into foreclosure these foreign investers most of whom were foreign banks were stuck with billions of debt. If subprime mortgages were the sole cause of the recession and not these toxic debt bundles then it would have only affected the US and not cascaded around the world. So yes I do think before I speak.
Just look at your post further up... you claim it was "us" that caused this worldwide recession with the subprime crap. So what is it going to be now?
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If you choose to interrept my reference to US spending on the defense budget in that way then go ahead. However I making a point as to what each countries main tax spending item is however I do apologize I thought the US spent the most on defence turns out it's social security. I never said spending on defense was a bad decision nothing burns me more than when our Liberal government in the 90s all but dismantled our military in favour of other bullshit agendas.
And social security would have been destroyed if Bush did it in his first term instead of second term...
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The price of things in Canada has nothing to do with tax. It has everything to do with retailers not keeping up with exchange rates. Last year when Our dollar was about the same as the green back things were still more expensive here because retailers were still basing their prices on our dollar being worth 75 cents american as opposed to when it was at it's highest of $1.10 american.
Actually it does... when taxes are higher or raised retailers raise their product and service prices to compensate for it. It happens here all the time.
Another slight addition, the U.S. has not had a problem with the debt UNTIL the 1940s when Franklin Roosevelt took office and introduced all these social programs. Since then we have been sinking into debt.
It's mind boggling how Obama got office because most Americans are conservatives according to Gallup, which is a respected polling organization.