A Quick Note About Money

 

According to the Canadian government itself, they've provided $25 billion in aid to Ukraine since 2022.

 Since February 2022, Canada has committed more than $25.5 billion in overall multifaceted aid to Ukraine, including $8.5 billion in military assistance.

We've also spent $18-20 billion in Afghanistan in a failed attempt to protect a corrupt, narco-state of pedophiles.

Canada’s war in Afghanistan cost Ottawa at least $18 billion, with more than 40,000 members of the Canadian Forces serving there from 2001-2014, helping to overthrow the Taliban and chase out al-Qaeda. Many other Canadians spent time in the country working in a government capacity, doing development work with NGOs, or bearing witness as journalists.

Meanwhile corporate Canada has spent around $20 - 70 billion on stock buybacks annually for the past several years.

 That's a reasonable expectation, according to a report from CIBC on Thursday, which says in any given year, Canadian companies buy back between $20 and $70 billion worth of their own stock. The year 2022 is not yet complete but so far this calendar year, Canadian companies have spent $69 billion buying up their own shares, according to CIBC. That's about two per cent of the exchange's entire float.

I daresay that this is a colossal waste.  This is theft.  Absolutely NOTHING was accomplished in Afghanistan.  The government we attempted to impose upon them was so corrupt, so perverse, so violent, that the people preferred the Taliban.  It was a complete waste.

Nothing is being served with our support for the USA's puppet-government in Ukraine.  The whole exercise was intended to weaken Russia.  That's it.  That's all it was.  And, instead, Russia is coming out the winner.  It's lost tens of thousands of soldiers, but it's gaining the Donbas.  And it's exposed NATO as weak and ineffectual.  Ukraine remains one of the most corrupt countries in Europe and power is divided between those corrupt oligarchs and outright nazis.  (Putin's support for far-right, even fascist movements in the rest of Europe is a bad thing.  But it doesn't at all justify OUR support for pro-nazi Banderites.)  Ukraine has lost hundreds of thousands of men.  Peace could have been had in 2022, but Boris Johnson, at the behest of Washington, convinced Zelensky that Ukraine would get a better deal if it kept on fighting.

Ukraine's position hasn't improved.  It's gotten progressively worse.  Think about that!  "Keep fighting and dying.  Because we will support you until final victory."  And then, years later: "We can't continue to support you.  We're going to LOAN you money and there won't be any new weapons.  Sorry about your hundreds of thousands killed."

Imagine a public-sector initiative from 2001 to 2009 that invested $20 billion into the economy.  Or $25 billion from 2022-2026.  Increasing the CPP.  Investing in research.  Expanding public services. 

 

Stock buybacks (as the article linked to above says) are not investments in productivity.  The money comes from charging a price higher than the costs of labour and production.  Profit.  The money could go to investment.  It could go to paying higher wages.  It could go into lowering prices for consumers.  Instead it goes into the pockets of the rich.  People who have already have more money than they know what to do with.

In the early-2000's they "invested" in mortgage-backed securities and credit-default-swaps.  Now they're "investing" in the AI bubble (to the tune of $7 TRILLION).

We are being fleeced.  We are being ruined.  We are under the sway of the Epstein class.