Michael Campbell’s MoneyTalks – Complete Show

Spending Sickness, Timer of the Year With The Latest on Markets – Complete Show 08/04/18

Mike on what the $2.2 billion blown on the Phoenix Pay System Could Buy. Timer’s Digest Timer of the Year, Mark Leibovit on the marijuana stocks, bitcoin, gold and oil. Plus Ozzie with the latest on real estate. 

 

mt

 

Same Old Story – $2.2 Billion Tax Dollars Gone

Too many people yawn and roll their eyes when they hear that the Phoenix Pay System debacle will cost taxpayers $2.2 billion tax dollars.  If you’re one of them I invite you to consider that money is enough to provide new housing for every homeless person in Western Canada or reduce waiting times for surgery for thousands of people.

 

Screenshot 2018-08-04 10.53.31

The BS Pedalled About The Federal Debt

Some well known economists say we can afford the federal debt.  That’s true – it will be about 1% of GDP but it’s BS to suggest that “we” can afford it when it will be  our children and their children who’ll be paying. And it’s not just the federal debt – they’ll also be paying for our provincial debt and unfunded public sector pension liabilities. 

 

Screenshot 2018-08-03 08.36.40

Legalizing Marijuana Without Ride Sharing is a Big Mistake

Does anyone really believe that the incidence of impaired driving won’t go up with the legalization of marijuana?  The probability that riding sharing could help mitigate the fall-out is high. Which is why groups like Mother Against Drunk Driving strongly endorse ride sharing – but the BC government stands in the way. 

 

dims

Why Do We Put Up With It

Politicians don’t want to take on the Public Sector Unions or a bureacracy that fights any effort to increase accounability. So we have a system of Government that doesn’t set goals, won’t measure performance or assign responsibility. A system that history has shown is guaranteed to waste money. 

 

phoenix-could-cost-22-billion-senate

test-php-789