Friday, March 5, 2010

Do you like what you hear yesterday about the BUDGET? Listening to the budget deliberation by the Minister of Finance Flaherty made some few people dance. Uh - oh not me! Watching the sign language at the opposite side of the TV screen freaks me out. Hehe! I think it's funny. Anyway, the announcement of the budget is like counting eggs, so many eggs and you don't really know if it will be hatched into chicks or not.

Some of these eggs I already fried this morning for our breakfast > sunshine eggs. Then not contented I blend it with rice and thus, we had our fried rice to the mix.

Most economist trend of action is about theory and forecast. It's like weather control. There is so much unpredictabilities. However good economy is achieved only because of the power of consumer for without them the economy remain stagnant even for so many years. Recession is the result. You wonder why some countries in the world who you think are drowned in poverty but recession is never heard of? With a bigger population the buying power of the people is always seen as the strength of the economy. As it always been in the past. History proved it so right, not so wrong.

Now if you are hearing DEFICIT it means there is EXCESS of expenditures over REVENUES.

What is REVENUE? That's the money collected by government through taxes. Look at your receipt every time you buy something. The GST and PST are taxes collected by the government of Canada. However, some people collect GST payments in return after they filed their income tax. That's if they are qualified to receive. Alberta or the province Alberta has no PST to pay for their goods. It is one of the richest province of Canada. I think they have so much oil in there. Really? Why not British Columbia get rid of PST too? Just leave the GST. I don't have a clue. I think no matter how rich this province of BC it is and will always be a colony of either the UK British or China. Or let's face it this province is actually mine. Do you believe?

If you hear SURPLUS which happened to be at the time of PM Martin De Forest (GUmp) Oh wait I forgot. Let me think PM Paul Martin that's right. We have so much surplus in the government's budget. I wonder why. Let me think about this one more time. The Honorable PM Martin is an "Economist." Yes he is. He knows how to do his WORK. Am I an economist?

MOF Flaherty has an objective to balance the budget within five years. Balancing the budget is a POLICY TRAP. A balance budget within 5 years. You mean it was on a negative side as of this present time?

Four years of infrastructure in Vancouver and the many parts of Canada is not solely done within the budget of this country. I doubt it. Let's have the base as the land owns by Canada is Canadian. The many infrastructures such as roads and bridges, telecommunications, buildings, vehicles or transportation, MTR or LRT are government owned or not? If they are privately owned then that is not part of the budget of the government. That's what you call foreign investments.  What belongs to the government belongs to the people of Canada. Except those whose land and resources belonging to the natives. Canada is a very huge country. Just British Columbia alone,  if you travel from mainland of Vancouver up to Hyder Alaska by car or van you'll know how far and wide this province is. A province that should be an autonomous country of its own because of its geography and resources.

Everything here is just my opinion and my humor sets in and got twisted in the process. Correct me if am wrong.

You wonder why the budget is focused on amateur and elite athletes not specifically the fund for education  instead. SPORTS bring in more dollars that you can ever imagine in this part of the world that's why. The educational system in Canada is different from other countries in the world. Their elementary years is compared to High School in under developed countries. High School subjects are College subjects and their University subjects are preparatory for the skills for work in other words OJT and masters degree. The standard is way up too high you can ride the rocket going up. You always have a missile to boost it up.
UPgrade, upgrade! UP, UP and AWAYYYYYYYYYYYYYYYYYYYYYYYYYYY!