Trudeau and Tory: Our national housing strategy has eliminated people sleeping in the park. That’s why we’re doubling down on giving our friends subsidies, so we can continue this progress.
🇨🇦 violence against homeless people in a way that would make third world dictators jealous of the lack of scrutiny it attracts.
Cleared the park in 20 minutes.
Homeless people? Lives uprooted, again.
Activists? At least $5k in legal fees, and a record.
Putting out an ABP for all officers to report to Lamport Stadium. Bring your batons. The owner, the City of Toronto, asked to enforce a Trespass to Property notice.
FYI, that meansTPS didn't just show up for a fun day at the park. The City of Toronto ordered them to.
🇨🇦 is falsely framing a prominent journalist as an asset of Russia.
It's a malicious lie to discredit @davidpugliese, who has a 42-year track record of exposing embarrassing gov lies.
A short list of the work 🇨🇦 is trying to hide.
<thread> 🧵👇
2/ 🇨🇦's military used the pandemic to test its propaganda techniques.
In 2021, David exposed the military conducted an "info" sharing exercise against the public without any official authorization or request from the Fed gov.
ps if you’re about to give me the “Gov knows more than you” lecture, you’re new here. Welcome!
First, ponder why a former RCMP director was perplexed how we figured out the money laundering players before intel, why it wasn’t isolated, & who regulators ask to find stolen shit.
Okay, 🇨🇦. I need you to look past the left vs right BS for a sec. You don't understand how hard you're being screwed.
In a few tweets, you'll understand gov finance better than most politicians. You'll also see how f*cked up Ontario's corner store liquor deal is.
<thread>🧵👇
2/ Rushing the deal means taxpayers will shoulder an initial bill of $1b.
If paid in cash, that tax revenue is equivalent to 111k families working for a year. Imagine the whole city of Windsor going to work for a year. All to pay that bill.
But ON is broke, it has little cash.
3/ When ON spends excess money, it has to run a deficit. It'll try to get the federal gov to pay some (read:taxpayers everywhere), and borrow the rest.
But let's say ON will borrow the whole amount. Last bond was 3.8% interest, so add another 51k families to cover interest.
🇨🇦’s rolling out 30-year mortgages to “help” first-time buyers get a home.
This is actually a form of liquidity injection called capital cushioning.
It’s not about affordability. A similar plan was used by the 🇺🇸 during the financial crisis. Is this a crisis? 🤔
<thread> 🧵👇
2/ first off, let’s fix what you’ve been told about the 🇺🇸 housing bubble.
a common myth is poor people with subprime credit f*cked up. In reality, poor people have nowhere else to go so they paid their bills through negative equity.
When you’re poor, everyday is a recession.
3/ the real foreclosure surge was actually high credit quality investors that went to subprime lenders for more leverage.
When shit hit the fan, they just walked away. It was investors that were really the problem.