Tag Archives: World Bank

How Canada Can Cut About $3 Billion – The Easy Way

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That’s right … as the ‘age of austerity’ hits Canadians like a sledgehammer rather than a feather with Tony Clement in charge of cutting at the Treasury Board (can we say Walkerton or maybe Maple Leaf?), here’s a suggestion for something that we should REALLY cut:  funding to the IMF.

These financial demagogues that shove their way into the economic affairs of every country on the planet – particularly those that aren’t abusing their general public with similar austerity programs that we’re about to see in Canada – do not deserve a single penny from us.

The IMF and simliar institutions (eg. World Bank) are nothing but bullies.  They give everyone in the world enough rope to hang themselves and when they do, these ‘prestigious’ organizations come in like two-bit thugs breaking thumbs and chopping off limbs to get their money back.

It’s the greatest form of ecoonomic immorality that we’ve ever created.

And they’re getting paid by us to do the dirty work that our politicians are too cowardly to do.

Here’s a sample of their funding in 2010:

chart-imf-donors

Apparently, it’s OK to give $3 billion per year to these ammoral institutions, but we can’t even fund day care for our kids.

What’s wrong with us?

MayDay 2011: Would Harper Use Canadian Funds to Privatize Prisons?

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We all agree that Stephen Harper and the Conservaclones are just copies of the more staunch and obvious Republicans in the United States, so this story should be considered fair warning for Canadians that are concerned about prison plans in this country.

First, we still don’t know what they will cost.

Second, we don’t know why they’re needed since crime is going down.

Finally, the prospect of using taxpayer funds to eventually privatize prisons is simply a disgusting waste of money.

We all know that this might happen, however.  The Ontario Conservatives used public funds to build a toll-road across the GTA and eventually sold it for a song to a private consortium, effectively relinquishing taxation powers to a private group.

This is a classic case of how conservatives (the CPC in Canada or Republicans in the US) create government waste and deficit and ultimately cry poor based on unreasonable expectations set by corporate-controlled organizations like the IMF and World Bank.  They then liquidate public assets at fire-sale prices in order to ‘balance the books’, literally giving these assets away to private companies.

Don’t let it happen in Canada.  Vote on May 2, 2011.