vandave retweeted
The basis of our prosperity begins with a strong private sector economy. Since 2019, B.C. private sector jobs grew 3.3%. Public sector jobs grew 46.4%.
Source: Business Council of BC @BCBCLaura @BizCouncilBC #bcpoli #cdnpoli
vandave retweeted
This is the biggest failure of the NDP.
Since 2019, B.C. private sector jobs grew 3.3%. Public sector jobs grew 46.4%.
They chased away private sector investment and created a bloated, and largely unproductive public sector with a $14B deficit.
The basis of our prosperity begins with a strong private sector economy. Since 2019, B.C. private sector jobs grew 3.3%. Public sector jobs grew 46.4%.
Source: Business Council of BC @BCBCLaura @BizCouncilBC #bcpoli #cdnpoli
vandave retweeted
BC housing policy: Buy a second home? Speculator. Leave it empty? Vacancy tax. Sell within two years? Flipping tax. Keep it too long? Hoarder. Buy too nice a house? Luxury tax. Build new housing? Greedy developer.
vandave retweeted
The Supreme Court of Canada has upheld a ruling that Aboriginal title cannot be declared over private land, in a decision the federal government says will have an impact on the Cowichan case in BC.
Important ruling for homeowners and the future of this country. globalnews.ca/news/11872287/…
vandave retweeted
BC lost 20,000 jobs last month.
The NDP spent yesterday obsessing over what I wore to vote by Zoom after I got stranded overnight by wind and snow and my luggage got lost.
This is not a serious government.
#Priorities
vandave retweeted
Wow
This set a terrifying precedent for parents everywhere. A Canadian father, Robert Hoogland, was thrown in prison for trying to prevent his 14-year-old daughter from undergoing permanent medical transition. After schools socially transitioned her behind his back and courts authorized testosterone injections against his wishes, the state stripped him of his parental rights. When he refused to remain silent about the medical risks and the loss of his child, the government moved to silence him by force. city-journal.org/article/a-c…
Hoogland was sent to prison for "contempt of court" because he defied a gag order that forbade him from referring to his child as his "daughter" or using female pronouns. By treating his desperate plea to protect his child as a criminal act, the court signalled that the state, not the parent, owned the child.
This is nothing less than the criminalization of parenthood in the face of state-sponsored gender ideology.
vandave retweeted
The BC Conservatives nearly won the last election despite Rustad’s uninspiring leadership. The party and the province needs a guy like @BradWestPoCo
vandave retweeted
Brad West for BC premier!
“There’s certainly a cohort of people in this province who won’t be satisfied until every mine is shut down, every sawmill is closed. And I suppose we’re all going to work in coffee shops and whale watching.” resourceworks.com/why-port-c…
vandave retweeted
“There’s certainly a cohort of people in this province who won’t be satisfied until every mine is shut down, every sawmill is closed. And I suppose we’re all going to work in coffee shops and whale watching.” resourceworks.com/why-port-c…
vandave retweeted
A number of my good friends and family have been surprised about my decision to support @realDonaldTrump for president. They have been surprised because my political giving history has been mostly to Democrats, my voting registration has typically been Democrat (in NY, you must be registered to the party in order to vote in the primary, and usually the Republican candidate has no chance to win), and many of our philanthropic initiatives have supported issues that are consistent with Democratic priorities.
All of the above said, I have always considered myself to be a centrist and/or moderate, and I have voted for the candidate and supported the issues and policies that I believe are in the best interest of the country. Some have accused me of supporting Trump because doing so will somehow benefit me financially. Fortunately, I do not need any financial benefits as I and my family have well more than we need. I have also committed to give away the substantial majority of my resources at or by the time I am no longer, so I don't consider personal financial benefits in the determination of whom I support for office.
Some have suggested that I am supporting Trump because I am seeking a position in his administration. To be clear, I haven't been offered one and I wouldn't take a job in the administration (I love my job and it is the wrong time in my life to work in an administration). I will, however, do everything else I can to help the president succeed in helping our country and its citizens.
All of the above said, I am an investor who manages funds that own some of the best, principally American, businesses in the world. In a better governed and managed America, these business will do better and increase in value faster. One might therefore argue that being 'long' America is somehow a conflict, so I thought to disclose this potential 'conflict' here.
Some of my friends and family who support @KamalaHarris are ok with my supporting Trump, but don't want me to attempt to convince others to support him. Because I strongly believe that a Trump administration will be better for the country and the world than a Harris administration, I think it is important to share my thinking to the extent it helps others come to the right conclusion.
Three months ago, when I endorsed Trump on the day of the first assassination attempt, I promised to share my thinking about why I came to this conclusion in a future more detailed post. I intend to do so in possibly more than one post, with the first, this one, explaining the actions and policies of the Biden/Harris administration and Democratic Party that were the catalysts for my losing total confidence in the administration and the Party.
To be clear, my decision to vote for Trump is not an endorsement of everything he has done or will do because he is an imperfect man. Unlike a marriage or a business partnership where there are effectively unlimited alternatives, in this election, we have only two viable choices. Of the two, I believe that Trump is by far the superior candidate despite his flaws and mistakes he has made in the past.
As always, I welcome your feedback on how I could be wrong and on how the below actions and policies I outline below might actually have been good for America. I have always believed that the best way to get to the truth is to hear the best arguments on all sides of an issue.
While the 33 actions I describe below are those of the Democratic Party and the Biden/Harris administration, they are also the actions and policies that unfortunately our most aggressive adversaries would likely implement if they wanted to destroy America from within, and had the ability to take control of our leadership.
These are the 33:
(1) open the borders to millions of immigrants who were not screened for their risk to the country, dumping them into communities where the new immigrants overwhelm existing communities and the infrastructure to support the new entrants, at the expense of the historic residents,
(2) introduce economic policies and massively increase spending without regard to their impact on inflation and the consequences for low-income Americans and the increase in our deficit and national debt,
(3) withdraw from Afghanistan, abandoning our local partners and the civilians who worked alongside us in an unprepared, overnight withdrawal that led to American casualties and destroyed the lives of Afghani women and girls for generations, against the strong advice of our military leadership, and thereafter not showing appropriate respect for their loss at a memorial ceremony in their honor,
(4) introduce thousands of new and unnecessary regulations in light of the existing regulatory regime that interfere with our businesses’ ability to compete, restraining the development of desperately needed housing, infrastructure, and energy production with the associated inflationary effects,
(5) modify the bail system so that violent criminals are released without bail,
(6) destroy our street retailers and communities and promote lawlessness by making shoplifting (except above large thresholds) no longer a criminal offense,
(7) limit and/or attempt to limit or ban fracking and LNG so that U.S. energy costs increase substantially and the U.S. loses its energy independence,
(8) promote DEI ideologies that award jobs, awards, and university admissions on the basis of race, sexual identity and gender criteria, and teach our students and citizens that the world can only be understood as an unfair battle between oppressors and the oppressed, where the oppressors are only successful due to structural racism or a rigged system and the oppressed are simply victims of an unfair system and world,
(9) educate our elementary children that gender is fluid, something to be chosen by a child, and promote hormone blockers and gender reassignment surgeries to our youth without regard to the longer-term consequences to their mental and physical health, and allow biological boys and men to compete in girls and women's sports, depriving girls and women of scholarships, awards, and other opportunities that they would have rightly earned otherwise,
(10) encourage and celebrate massive protests and riots that lead to the burning and destruction of local retail and business establishments while at the same time requiring schools to be shuttered because of the risk of Covid-19 spreading during large gatherings,
(11) encourage and celebrate anti-American and anti-Israel protests and flag burning on campuses around the country with no consequences for the protesters who violate laws or university codes and policies,
(12) allow antisemitism to explode with no serious efforts from the administration to quell this hatred,
(13) mandate vaccines that have not been adequately tested nor have their risks been properly considered compared with the potential benefits adjusted for the age and health of the individual, censoring the contrary advice of top scientists around the world,
(14) shut down free speech in media and on social media platforms that is inconsistent with government policies and objectives,
(15) use the U.S., state, and local legal systems to attack and attempt to jail, take off the campaign trail, and/or massively fine candidates for the presidency without regard to the merits or precedential issues of the case,
(16) seek to defund the police and promote anti-police rhetoric causing a loss of confidence in those who are charged with protecting us,
(17) use government funds to subsidize auto companies and internet providers with vastly more expensive, dated and/or lower-quality technology when greatly superior and cheaper alternatives are available from companies that are owned and/or managed by individuals not favored by the current administration,
(18) mandate in legislation and otherwise government solutions to problems when the private sector can do a vastly better, faster, and cheaper job,
(19) seek to ban gas-powered cars and stoves without regard to the economic and practical consequences of doing so,
(20) take no serious actions when 45 American citizens are killed by terrorists and 12 are taken hostage,
(21) hold back armaments and weaponry from our most important ally in the Middle East in the midst of their hostage negotiations, hostages who include American citizens who have now been held for more than one year,
(22) eliminate sanctions on one of our most dangerous enemies enabling them to generate $150 billion+ of cash reserves from oil sales, which they can then use to fund terrorist proxy organizations who attack us and our allies. Exchange five American hostages held by Iran for five Iranians plus $6 billion of cash in the worst hostage negotiation in history setting a disastrous and dangerous precedent,
(23) remove known terrorist organizations from the terrorist list so we can provide aid to their people, and allow them to shoot rockets at U.S. assets and military bases with little if any military response from us,
(24) lie to the American people about the cognitive health of the president and accuse those who provide video evidence of his decline of sharing doctored videos and being right wing conspirators,
(25) do nothing about the deteriorating health of our citizens driven by the food industrial complex, the fraudulent USDA food pyramid, and the inclusion of ingredients in our food that are banned by other countries around the world which are more protective of their citizens,
(26) do nothing about the proliferation of new vaccines that are not properly analyzed for their risk versus the potential benefit for healthy children who are mandated to receive them,
(27) do nothing about the continued exemption from liability for the pharma industry that has led to a proliferation of mandatory vaccines for children without considering the potential cumulative effects of the now mandated 72-shot regime,
(28) convince our minority youth that they are victims of a rigged system and that the American dream is not available to them,
(29) fail to provide adequate Secret Service protection for alternative presidential candidates,
(30) litigate to prevent alternative candidates from getting on the ballot, and take other anti-competitive steps including threatening political consultants who wish to work for alternative candidates for the presidency, and limit the potential media access for other candidates by threatening the networks' future access to the administration and access to 'scoops' if they platform an alternative candidate,
(31) select the Democratic nominee for president in a backroom process by undisclosed party leaders without allowing Americans to choose between candidates in an open primary,
(32) choose an inferior candidate for the presidency when other much more qualified candidates are available and interested to serve,
(33) litigate to make it illegal for states to require proof of citizenship, voter ID, and/or residence in order to vote at a time when many Americans have lost confidence in the accuracy and trustworthiness of our voting system.
I welcome your thoughts.
vandave retweeted
“Fairness” = give the bureaucracy more money?
Canada’s Finance Minister Chrystia Freeland is raising the tax on capital investments to the highest level in the G7.
This video reveals a sad, dystopian view of Canadians. She uses the resentful ‘class war’ language of the 1970s, where Canada will be filled with a sad majority feeling ‘wrath’ unless you accept her new tax.
Who writes these speeches? Have they travelled?
Famously egalitarian nations Belgium and Switzerland and Singapore have zero cap gains taxes. Do they hate fairness?
Seriously, this is her proposal:
Take $18 billion in risk capital proceeds away from Canada’s small but critical investor class with a globally uncompetitive tax rate. Then give that money - along with another $40 billion in debt - to a federal bureaucracy that currently does not show up for work in person more than twice a week. They will invest it instead. The nation will heal.
Thats not fairness. It’s losing. Again. On an international scale.
Here’s why this tax will add to her economic losing streak:
1. It kills economic growth.
Taxing capital investment discourages the cash that backs the entrepreneurial ideas that turn into the jobs and companies that grow the economy and improve productivity and living standards.
Every other large advanced economy will have a lower cap gains tax than Canada. Are they less ‘fair’ than Minister Freeland? Or do they have an economic strategy of shared prosperity that allows for individual success without the sad language of class resentment and envy?
Every company whose services we love today - no matter how large - started with an entrepreneur - and some investors crazy enough to fund them with risk capital. Most nations do whatever they can to attract entrepreneurs and investors because they bring growth and economic vitality and jobs.
This Minister is taxing them away in the name of fairness. But federal fiscal incoherence is costing Canadians $54 billion interest losses degrading public services and the worst declining GDP performance in the G7 2019-2024 and the worst GDP per capita of all 40 advanced nations in the OECD modelled out to 2030.
Fairness for Canadians starts with federal fiscal competence.
2. It kills jobs (the real ones):
The private sector creates jobs when good ideas or expansion is funded by risk capital - that is why positive jobs reports are usually signals of economic growth.
But Canada’s jobs reports aren’t signals of economic growth anymore because they feature a failing economy where most of the jobs being reported are actually government roles bought with debt.
This kills economic productivity. When governments use debt to buy jobs it turns a single debt-funded position into a permanent unfunded annual govt operating cost. Every one of these jobs costs more in tax, debt and interest than it can ever contribute back.
Taxing the risk capital that creates real jobs while borrowing money to buy public sector jobs with debt - the current modus operandi of this government and its “jobs” announcements - kills GDP productivity.
3. It takes Canada backwards
Canada’s private sector is the only mechanism to fund Canadian prosperity. Risk capital funds the companies and jobs that are the engine that pays for everything - including all government employees and services - and all debt and interest.
A previous Liberal government knew this. They dropped this tax back in 2000 to help Canada compete with the rest of the world, who in turn compete hard for the mobile investment capital of the smartest and most successful investors because it has such a positive impact on economic growth.
For everyone.
Economic prosperity is the best form of fairness.
Going backwards to economic policies from the last century, wrapped in the dystopian language of big government ‘fairness’ isn’t helping anyone.
Cut taxes, spending and the bloated state. Fairness = fiscal competence.
vandave retweeted
This is political corruption. We will have Chace, the founder of Edison Motors on the Loonie Hour this week. Stay tuned.
This quoted post is unavailable.
vandave retweeted
Plus, @JustinTrudeau is seeking to make the war on pre-crime, as depicted in "Minority Report," a real thing:
