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City of Toronto - Canada's socialist microcosm

By: All big cities in Canada and Europe suffer from the same socialist rot and Marxist malaise and posturing. Toronto as the epi-center of the country is a microcosm of all that is wrong with the glorious and not-so democratic people’s republic. Run by socialists, suffering from over-taxation and debt, the city and its 30% of citizens that care to vote is heading into hard times. Crime is up, homelessness is rampant and the city is dirty – all thanks to socialist compassion. It is not so much a modern city as a functioning welfare home for immigrants and a tax machine for left wing bureaucrats and snivelling politicians.

With just 2.5 million people Toronto will have a $3 billion debt within 1 year [or about $2500 per worker, start writing your cheque now to pay it off] and its $8 Billion total budget [capital and operating] is not even enough to even keep the poor-man’s subway system [buses and old trolley’s] in good condition. Crime including a black subculture that accounts for 60% of all violent offences but blames whitey, urine drenched and foul mouthed beggars, and ever-escalating taxation is only bested by the worst subway and transportation system of any major city anywhere. All funded with the exception of one highway, by the taxpayer.

Heaven forbid that the private sector be given a role to sort out the chaos of Toronto’s insufferable transportation dilemma or that police start tossing homeless tossers off the street into jail or the myriad of institutions that have turned half of downtown into a blighted and benighted homeless depot. Or that blacks take back their ‘culture’ by beating down their own criminal elements, and joining the real world of achievement, work and study. Or that the city restore police funding and get tough on crime and drugs. It is of course much easier to waft money around to sundry groups and politically sensitive subject areas and moralize about equality and love.

Meanwhile corporate per square foot property taxes are the highest in North America, 100.000 jobs in the last decade or 10.000 per annum have fled to the suburbs or Alberta, and a property tax on homeowners is the main vehicle to generate piles of cash from outlandishly high tax rates to spread political jam hither and yon on the bread of crying special interest groups, unions and the ‘poor’. What a nonsense.

Besides wasteful egalitarian programs which continue to be supported by 90 % of city politicians [many of whom are hardcore socialists], Toronto is suffering from some competitive disadvantages. Jingoistic nonsense aside, while Toronto has some positive features (financial depth, skilled labor, and access to the US market), the obstacles to future competitiveness are too often brushed aside or cloaked in a flag, or ignored as politicians clamor for ever increasing taxation and debt in order to ‘equalize’ our affairs.

If Toronto is to become something more than a nice regional centre and transmogrify into a prospering city state containing a diversified economy, operating as a low-tax magnet for highly skilled labor (as opposed to exporting productive people each year to the USA), then significant changes are needed, namely:

1. Privatize the development of a first class infrastructure. This includes a real subway system that covers the city, a rail link to the airport and more train lines into downtown. The City by its own admission is under capitalized in this regard. Toronto desperately needs another major highway, an extended subway system and a rail link from downtown to the airport as well as to the 905 urban centers.

Without such infrastructure development Toronto will be at a competitive quality of life and economic disadvantage compared to more efficient, modern and rail linked US urban centers. The cost to the City of poor infrastructure is estimated to be 5-10 % of our GDP – an astronomical amount that must be resolved.

2. Decrease the city's debt through retaining city revenues in the city. Currently Toronto exports $25 billion per annum to fund the rest of the country. What is this money being used for and why ? Toronto has every right to keep that money in the city to fund development.

3. Reconstitute Municipal politics to have parties running for council. The current council is so left wing, that many voters are not aware of their councilor’s real platforms, sympathies or funding support.

4. Break the Unions once and for all, and rid Toronto of this encumbrance on financial affairs. More than 40% of Toronto workers are in union shops - this is a disaster. Average private sector union rates in the US are 7 % by comparison and 12 % in the public sector.

5. Open up and privatize all major [so-called] public projects. An example is the inability of any level of government to turn a natural resource – the Waterfront of which 25 miles exist inside the city limit’s – to something that invites tourism, jobs and pride.

Currently the busy little socialist minds of the great Canadian governmental machine, have stated that they will fund, with tax payer money, a C$10 billion project which has never been vetted in public, has never had a publicly debated budget process, has no private money involved in its development and will be managed by a closed crown corporation run by insiders friendly to political insiders including former Prime Ministers and current and past City Mayors. The amount of waste and fraud could be enormous. Who will pay for this? Not only local taxpayers but those across the entire country will pay for monuments of vanity. All in the name of national unity and socialization. Insanity.

Toronto is a good town with some bright prospects – but not if it is continued to be run by tear-jerking socialists and Marxist hacks. Something has to give. You can only tax people and restrict their income growth for so long. Eventually the productive icons of society figure it all out. Like the old saying goes, ‘when the bull-sh-t talks the money walks.’ Indeed. Time to start walking out of socialism’s Canadian epi-center.


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Article Source: http://www.lifeweightloss.com

After working for a few large IT firms Read born in 1966, is currently an entrepreneur and Venture Capital Advisor and Managing Consultant for Wireless and Mobile technologies [including the internet] and in particular, in software applications for the Wireless or Mobile Industry. www.craigread.com/ RESOURCE: www.craigread.com/displayArticle.aspx?contentID=545&subgroupID=2

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