• 13 Posts
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Joined 1 month ago
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Cake day: October 1st, 2026

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  • It’s more like neither progressivism nor socialism likes me. You’re just redefining what the classes are. You’ll still be on the bottom either way.

    You say he isn’t pro worker until I show he is, then you hand wave and say its all performance so doesn’t count.

    Nationalization in and of itself is not pro-worker. Paying people properly, with proper benefits and protections, is pro-worker. We have no evidence the federal NDP under Lewis would do that. We have plenty of evidence that the Manitoba and BC NDP did not do that. The Alberta NDP wasn’t long enough in power to count, nor was the Rae NDP not to mention being 30 years ago. How much is the UK paying its steelworkers with the company it nationalized? How does that compare to the private sector in the UK? That’s what determines how pro-worker it is.

    As for saying saying to another company is better than nationalization, I would say that really depends on a lot of things. We just sold to these guys and they turned out to be anti trust.

    And yet the guys who sold Stelco to these guys were not, and the guys who run Algoma Steel are not. This guy’s an asshole, I agree. This guy also signed a contract. We agree what he’s doing should hurt him. Where we disagree is what hurting him should look like.








  • AFAIK, variable interest rate mortgages only require payment increases if rates rise high enough to no longer cover interest payments.

    You’re close. You’re thinking Fixed-Rate variable. And the flip side of that is if you hit your trigger rate and your payments increase, they won’t decrease again until you renew. So when interest rates go up, you’re watching the BoC to see by how much and then doing the math - either that, or you’re surprised when your mortgage payment increases. But when interest rates go down, you’re basically on a fixed mortgage.

    The other one is Adjustable-Rate variable, and that one follows the interest rate up and down more closely. BoC raises, your payments rise. BoC drops, your payments drop.

    Neither is long-term better than a fixed mortgage, which is why that’s what 60-70% of mortgages in Canada are.