Money for nothing and your loans for free

Not too long ago there were students on Parliament Hill pan handling for $30,000, and $60,000 from the Canadian tax payers. Now I am hearing that the United Nations is helping countries that borrowed money from Canada, to get Canadians to forget the debt, and let them do the equivalent of going bankrupt.

When Commerce students don’t understand a concept like how loans work is one thing. A country giving away tax payers money, and then just ignoring the source in making the decision to turn loans into charity, is another.

To me it’s the equivalent of getting your friends money to offer a loan to someone else, and then say “oh forget about paying”. It’s only a loan if you can’t pay it back. Ask for charity. Don’t ask for a loan.

I see part of the problem being that people don’t want the stigma that goes with charity, just the money without the need to have to repay it.

Our government continues to give money to businesses, students, and other countries without asking us what we think because they know if we are asked we will tell them to give the money back to us, the people, who they mug with every pay check, and every purchase.

Urban Druid