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Must you be a bitter Canadian. Take your bitterness out on your Premier.

   

He can,t she's gay.

   

BAM!

   

Should be set as a system auto-response to every new Lothian post or thread.

   

The sound of a toilet flushing?

   

That would be an insult to use the catch noise of those great Americans Archie Bunker and Al Bundy.

   

So you loved Blackburn, Blaney lol, and this Fantino / O'Toole thing.

here's a reminder
http://www.cbc.ca/news/politics/ex-pete ... -1.2898856

   

Do actually think i want to wow you ?
Please don't flatter yourself , I'm far to up the food chain .

   

You're a nobody.

Don't flatter yourself to think you're anything on the 'food chain'.

   

You're "far to up the food chain" are ya? Those ESL lessons not quite up to snuff or something?

I don't know what makes you so stupid, but it sure is working for you.

   

The only nobody is whoever has actually challenged anything I have stated.
If you can't it's because you only have propaganda and lies in your arsenal.


Besides the confused lonely vet in Canada who thinks Harper has helped him, all I get is name calling.

It's like slumming with Republicans,with the likes of Donald Trump or Palin.

   

Uh-huh. And what's this mean in English?

   

There's no sense challenging anything you've said when everyone here, besides you, knows your wrong.

It's too bad that you don't see it. You're just a partisan nobody that's too delusional to know any better.

   

Sorry but that's terribly simplistic and naive. Going back to the car insurance analogy, we could do away with car insurance requirement and heck even traffic laws and stop signs while we're at it; just educate people to drive better right? Of course not because education alone doesn't solve the problem. It never has and it never will. Maybe in a perfect world, humans would be like computers and never make mistakes, would only need to be taught something once and it would be followed religiously forever. But you just have to accept first an foremost, the way things ARE and the way things OUGHT TO BE aren't the same. Furthermore, all the education in the world isn't enough to counter the anti-education they receive constantly from TV, movies and popular media, which basically discourages savings and encourages consumer spending. Popular culture is it's own animal and cannot be controlled

So at this point, you might be saying " then if they don't learn let them eat cake". But as I said, the retirement crisis is EVERYBODY'S problem one way or another so it does have to be addressed. It isn't going to to go away on its own or fix itself and "let them eat cake" is just an excuse to stick your head in the sand.


Besides, your proposal to resolve the crisis through personal savings alone isn't even practical. The retirement system was always built on the "three legged stool" of government benefits, employer benefits and personal savings. None of these are capable of providing enough retirement income alone. With employers in today's world valuing profits more than people (compared to the past era) that puts more pressure on personal savings and government for most.

1) People live longer: 30 even 40 years after retirement. That's often longer than their working career. It's just not humanly possible to fund all of your retirement income through savings during your working career.

2) People can't afford to make the required contributions: Compared to past eras, workers today face stagnating wages, more and longer periods of unemployment, all of which lead to skyrocketing debt levels, all of which erode the ability to save. People just have less income available to contribute to their savings. All the lecturing in the world, especially from YOU (a school teacher who basically has a job for life and a 'gold plated pension') about what they should do isn't going to change what they actually CAN do.

3) People can't be expected to become experts: Putting money in a coffee can under your bed or in a simple savings account isn't enough, retirement savings requires INVESTMENT. If choosing and managing investments were so easy that the general population should be expected to learn and master it on their spare time, then investment advisers and managers wouldn't make 6 and 7 figure salaries doing it, and they wouldn't be worshipped like demigods in the media. Choosing and managing investments is simply beyond the expertise of the average person, even when they have a couple of buck to put aside.

4) People can't event trust experts: When people turn to so-called experts such as the financial advisers available at their bank or through a retail broker, studies show they are easily misled about things like fees and steered into funds and accounts with high management and administration fees that eat up their investments. Also, these so-called experts never saw the financial crisis coming

5) Personal Savings cant grow and be safe at the same time: Putting points 1-4 altogether, a retiree who is going to live for 40 more years can't afford to contribute enough while working, and even so, can't choose a safe low-growth investment because they will outlive their savings. On the other hand, high-growth investments are too risky and can be wiped out within a few bad market days. Even if there were some 'golden path' in between these two hazards, the average person is far too unskilled to navigate it.



Even if you die young, you'll get the $2500 death benefit. So like health insurance, it "is used by everyone, albeit to varying degrees".


As above, your estate will at least get the CPP death benefit, the CPP also pays a disability benefit so your last lingering days wont be spent in destitution. Also, the scenario you presented of being unlikely to live past 60 is well...unlikely. I mean unless you've been diagnosed with something specifically you would be an idiot to assume you're going to die early just because *some* of your recent ancestors did (the scenario you present where you presume to know that 100% of your ancestors die prematurely and you are therefore 'very unlikely' to survive longer is not realistic).

   

I'll add to that.

The monies were meant to keep Quebecers happy and stay in Canada.

It worked, or at the very least helped Quebec stay in Canada.

How much did Harper spend on action plan ads for his government to look good.

Even the advertising watchdog said it was bogus at times..

and ads came out before government implementation of what the ad was for.

and zelch on action and almost a billion spent on propaganda.

   

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