Comment 43799

By BobInnes (registered) - website | Posted July 21, 2010 at 17:14:02

Is the fallacy that we can actually vote for something different every 4 years the problem... Hmmm??? - Kiely

I say yes. Most people agree to the point they've given up voting. Which is why i'm all of a sudden so keen on the concepts inherent in Athenian democracy - direct citizen decisions and non voting selection of officials. Its a little scary to consider something seeming so drastic but we do have experience with this system for jury selection.

This has been a great thread but one thing missing is a discussion of debt that will be created by this and other projects. Working Hamiltonians already are saddled with about $50,000 provincial debt and another 50% for federal. Multiply by # workers in your household. What happens as interest rates go thru the roof as bondholders start demanding they get real interest instead of nominal interest based on fictitious CPI numbers. This happened in the early 80s. Do we need to repeat history?

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