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#8540022 - 02/02/16 06:51 AM And the truth comes out about the ORP
Choco 'Nuck Offline
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Registered: 07/10/01
Posts: 17568
Loc: Somewhere out there
Yup,

http://news.nationalpost.com/full-commen...-infrastructure

 Quote:
A line buried in a recent budget perhaps holds a clue. By “encouraging more Ontarians to save through a proposed new Ontario Retirement Pension Plan,” it reads, “new pools of capital would be available for Ontario-based projects such as building roads, bridges and new transit.” It’s not about “helping” retirees: it’s about financing the premier’s infrastructure ambitions. How strange they do not make this point clearer.


So basically, horseface will use this money for her infrastructure projects

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#8540050 - 02/02/16 07:47 AM Re: And the truth comes out about the ORP [Re: Choco 'Nuck]
Screamin Type ARGH! Offline
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#8540081 - 02/02/16 08:20 AM Re: And the truth comes out about the ORP [Re: Screamin Type ARGH!]
Just A Troll Offline
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Registered: 09/24/09
Posts: 2221
So... it's a "bait and switch". It's just another tax.

By the time I can withdraw, she'll have spent it all on building roads.

Isn't that illegal?
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#8540094 - 02/02/16 08:28 AM Re: And the truth comes out about the ORP [Re: Just A Troll]
Choco 'Nuck Offline
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Registered: 07/10/01
Posts: 17568
Loc: Somewhere out there
Best part, private sector workers not only get to fund the liberal voting gov't workers gold plated pensions, they will also get to fund the roads they drive on
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#8540132 - 02/02/16 08:55 AM Re: And the truth comes out about the ORP [Re: Choco 'Nuck]
Just A Troll Offline
Curved Street Thug Life
Post Master


Registered: 09/24/09
Posts: 2221
Well, here's the problem: If horseface says we need the ORP because Ontarians aren't saving enough, that's fine. There's a lot of people out there that will spend their old age on social assistance. It'd be better if they had some money to help. Granted not everyone can afford it but that's part of the problem: I keep hearing people crying poor all the time while they're holding a brand new iPhone 6. WTF?

But I thought it was illegal to take moeny from a pension fund to spend on other government projects. I mean unless you convert these roads into pay roads, it's not an investment, it's just more spending. Our taxes are supposed to cover spending. This is why I think this whole provision in the ORP is just plain illegal.

I know most people out there are really dumb but this one is pretty easy to explain.

1 - Government takes money on your behalf to invest for your old age
2 - Government won't invest money but will instead spend on roads
3 - ?
4 - Failure!

^ Yeah, it's a play on the "profit meme" but the other way around.
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I don't need to use this space to show off my car or my camera gear.

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#8540142 - 02/02/16 09:00 AM Re: And the truth comes out about the ORP [Re: Just A Troll]
Choco 'Nuck Offline
Proud Member of BLM
Post Master Supreme


Registered: 07/10/01
Posts: 17568
Loc: Somewhere out there
http://www.morneaushepell.com/ca-en/insi...-infrastructure
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#8540461 - 02/02/16 11:31 AM Re: And the truth comes out about the ORP [Re: Choco 'Nuck]
c2k Moderator Offline
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Registered: 05/21/00
Posts: 19289
Loc: Wiesloch-Walldorf, Germany
Makes me so sick.
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Who cares

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#8541453 - 02/02/16 09:57 PM Re: And the truth comes out about the ORP [Re: c2k]
zaius Offline
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Registered: 04/30/05
Posts: 8583
Loc: Toronto
disgusting. vile.
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2003 dc5 typeS.
looks stock.

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