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Old 08-27-2010, 12:12 PM   #61
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this one here is great. He talks about how Canadians have a lottery for health care. The end is the best though when he is screaming like a little girl. It's actually from his radio program so there is not video here.


Wow that was unbelievable, Glenn is from the school of the loudest is right and if you dont know just make something up

I should spend more time worrying if my lotto number is going to come up.
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Old 08-27-2010, 12:32 PM   #62
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A coworker went down to the mall (a couple blocks away) to see the set up for tomorrow's thing and there are already hordes of Beck followers running around. Funny thing is my coworker actually ran into Beck himself, and his security detail, and got about 3 feet away from him. And, with direct eye contact, got to say the Beck, "You are a hate monger!"

I can't decide whether I will enjoy watching the crazies tomorrow, or if it will just infuriate me so that I do something stupid. I'm thinking of sitting this one out.
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Old 08-27-2010, 12:34 PM   #63
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Well to be fair many of them make over $106,000 but have student loans in the range of $200,000, so they are by no means wealthy.
True.

But even poor people who make $30,000 year have to pay in 7%. Its only fair that someone who makes $100 grand should have to pay in too, regardless of how big their loans are.

You draw out, you put in. Simple.
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Old 08-27-2010, 12:38 PM   #64
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True.

But even poor people who make $30,000 year have to pay in 7%. Its only fair that someone who makes $100 grand should have to pay in too, regardless of how big their loans are.

You draw out, you put in. Simple.
I have no idea how it works, but I assume that the ability to draw out isn't tied to the extent to which you have paid in. If the abilty to draw out is capped should the requirement to pay in be capped as well? Not saying I agree or disagree, but it's not a ssimple as you're stating it.
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Old 08-27-2010, 01:18 PM   #65
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A broken clock may never be right. You haven't specified how it's broken. It may be busted into a million pieces. Or may have the hands snapped off.

A stopped clock on the other hand...


</nitpick>
Spoiler!
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Old 08-27-2010, 01:18 PM   #66
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Originally Posted by valo403 View Post
I have no idea how it works, but I assume that the ability to draw out isn't tied to the extent to which you have paid in. If the abilty to draw out is capped should the requirement to pay in be capped as well? Not saying I agree or disagree, but it's not a ssimple as you're stating it.
From the government's website regarding CPP:

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A CPP retirement pension is a monthly benefit paid to people who have contributed to the Canada Pension Plan. The pension is designed to replace about 25% of a person’s earnings from employment, up to a maximum amount. For 2010, the maximum amount is $934.17.
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Old 08-27-2010, 02:57 PM   #67
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Originally Posted by valo403 View Post
I have no idea how it works, but I assume that the ability to draw out isn't tied to the extent to which you have paid in. If the abilty to draw out is capped should the requirement to pay in be capped as well? Not saying I agree or disagree, but it's not a ssimple as you're stating it.
I realize that.

Would be interesting to find out whether or not you're capped from drawing out after you reach the threshold. I still think the cap creates a problem though.

Last edited by Azure; 08-27-2010 at 03:00 PM.
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Old 08-27-2010, 02:58 PM   #68
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From the government's website regarding CPP:
Well that is the CPP, which is doing pretty good right now. But the US Social Security Plan has some issues that need to be fixed.

We were talking about SS.
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Old 08-27-2010, 03:00 PM   #69
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Well that is the CPP, which is doing pretty good right now. But the US Social Security Plan has some issues that need to be fixed.

We were talking about SS.
I could find the rules on CPP easier than i could for SS but it's my understanding (which is possibly wrong) that the concept is basically the same.

And yes - there's tons of problems with SS. From what I understand, that's more due to gross mismanagement and misuse of the funds than the amount being paid in (i.e. using SS funds for funding other government projects that have nothing to do with the system with no intention or ability of repaying).

Last edited by Phaneuf3; 08-27-2010 at 03:02 PM.
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Old 08-27-2010, 03:01 PM   #70
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I could find the rules on CPP easier than i could for SS but it's my understanding (which is possibly wrong) that the concept is basically the same.
I think the CPP has mandatory contribution rates across the board regardless of how much money you make.

SS is different.

But I could be wrong.
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Old 08-27-2010, 03:04 PM   #71
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As a Canadian I never have social security withdrawn, but co-workers are looking forward to the checks without that deduction that should be coming soon.

Just found the threshold, $106,800.
Really, you don't pay FICA at all?
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Old 08-27-2010, 03:49 PM   #72
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From what I hear, he's got a pretty big fanbase, and I've heard some people say he's so popular because he represents "middle America", whatever that means.
Kansas, maybe? That's right in the middle of America.
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Old 08-27-2010, 03:58 PM   #73
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Kansas, maybe? That's right in the middle of America.
"Middle America" is pretty much a code phrase for rural and suburban white people. More specifically, it's not urbanite "elitist liberals" and ethnic minorities.
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Old 08-27-2010, 04:04 PM   #74
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Glen Beck is simply put a genius business man. Nothing more, I respect him for utilizing the lowest common denominator to get rich.

His ideals are a joke and extremely ridiculous but the guy appeases idiots.. and there are ALOT of them in this country.

Bravo

I love this country and will likely live here until I die but man.. there are alot of dummies
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Old 08-27-2010, 04:25 PM   #75
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Glen Beck is simply put a genius business man. Nothing more, I respect him for utilizing the lowest common denominator to get rich.

His ideals are a joke and extremely ridiculous but the guy appeases idiots.. and there are ALOT of them in this country.

Bravo

I love this country and will likely live here until I die but man.. there are alot of dummies
You're so un-American.
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Old 08-27-2010, 05:10 PM   #76
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Holy crap, why am I kind of agreeing with Glenn Beck? He's got some of the stuff, right. Too bad he's a mormon.
There we go
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Old 08-27-2010, 07:21 PM   #77
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Originally Posted by Bouw N Arrow View Post
Glen Beck is simply put a genius business man. Nothing more, I respect him for utilizing the lowest common denominator to get rich.

His ideals are a joke and extremely ridiculous but the guy appeases idiots.. and there are ALOT of them in this country.

Bravo

I love this country and will likely live here until I die but man.. there are alot of dummies
Beck believes what he's saying and by coincidence happens to make a lot of money at it.

Ann Coulter? I highly doubt she sincerely believes it but she's a sharp businesswoman, playing the suckers like a fiddle and always with a glint in her eye. She's harmless because she's not a believer or a fanatic.

There's a difference between the two.

Fortunately/unfortunately, Beck was all over the radio dial when I was driving around Maui in January so I was listening to him more by osmosis than pure choice . . . . . some it of it's fruit loop territory for sure, completely made up in other places but he can also hit the nail on the head in other common sense ways that makes me understand how he can hold an audience.

But the left side of the spectrum has their nutbars as well.

It's all noise on the fringe in both cases.

Really, this is about the middle of the political spectrum heating up some popcorn, pulling up a chair and laughing uproariously as the fringe players on the far left and far right drive each other to distraction.

I loved it a few days ago when a client, a former higher mucky muck bank guy and not a dummy, referred to Obama as "half-Muslim." My ability to keep a straight face at moments like that, well-practiced, served me well.

It was a reminder once again that intelligence and common sense are not necessarily one and the same thing.

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Old 08-27-2010, 07:24 PM   #78
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Really, this is about the middle of the political spectrum heating up some popcorn, pulling up a chair and laughing uproariously as the fringe players on each side of the political spectrum drive each other to distraction.

Cowperson
The problem with the Fringes is that they tend to both vote and donate money avidly to their pet causes. This gives them leverage beyond what they should really have.
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Old 08-27-2010, 07:33 PM   #79
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The problem with the Fringes is that they tend to both vote and donate money avidly to their pet causes. This gives them leverage beyond what they should really have.
Fanatics tend to be more passionate and committed to their opinions. . . . . and they have the right to gather resources and express themselves in our society.

You know, the society where freedoms are supposedly being suppressed.

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Old 08-27-2010, 08:39 PM   #80
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I think the CPP has mandatory contribution rates across the board regardless of how much money you make.

SS is different.

But I could be wrong.
CPP in Canada you pay about 5% on your first 42k of income and your employer matches the amount. If you are self employed you have to pay both halves so about 9% of your first 42k. When you reach retirement age your CPP payout is based on your best 25 years (I think) of contributing to CPP. You get CPP based on the total amount you pay in.

In Canada though there is also Old Age Security (OAS) which is funded by the general government revenue to probide a minimum amount of money regardless of if you have ever worked in your life.
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