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Old 12-10-2005, 08:07 PM   #1
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:mad You're Going To Love This Story About Canadian Government Overspending

So I am at my friend's electronic's store and we are shooting the shit. Well apparently a local political party in Orangeville has rented a 32" Sony TV from him for 30 days for their campaign. For those that don't know Canadian politics there is an election underway...So anyways he then proceeds to tell me how much...

$100 A DAY!!!

The fucking TV set costs $600 at Walmart! LOLOLOLOL!!!! My friend asks the political party manager in this riding why they would'nt just go out and buy a TV because it's significantly cheaper then paying $3000 renting a TV for 30 days.

The party manager says because they can't do that because the TV would become an asset!

My question is why would'nt they just buy the TV and once the election is over they give the TV to a charity or auction it off and give the money to a needy charity???

Once again our hardworking Canadian dollars at work LOL!

DH
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Old 12-10-2005, 08:09 PM   #2
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That's fucking retarded.
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Old 12-10-2005, 08:09 PM   #3
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campaigns are run by people who spend their lives getting degrees - they don't have any common sense.

i'm betting if you or I decided to start a political party based on porn and MARKETED it right we'd be running the country at next election time
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Old 12-10-2005, 08:11 PM   #4
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That does not surprise me at all... but think about it this way :

If we would repair / re-use everything, with all the paper work needed to spend every penny (public money = need to leave traces), we'd end up paying a lot more people.

But I gotta agree thought, it's fucking stupid.

It's like the cops selling their bikes every year. They cost couple thousands to make, and they sell them for like 500 at the end of every year.
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Old 12-10-2005, 08:12 PM   #5
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awwww little america is growing up
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Old 12-10-2005, 08:16 PM   #6
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They are idiots
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Old 12-10-2005, 08:21 PM   #7
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Its because of accounting law, if you acquire an asset you can't expense it fully, you have to depreciate it over its usable life. Hence they are trying to avoid long term tax commitments and since they have a lot of money to spend they don't mind paying it.
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Old 12-10-2005, 08:23 PM   #8
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Originally Posted by zagi
Its because of accounting law, if you acquire an asset you can't expense it fully, you have to depreciate it over its usable life. Hence they are trying to avoid long term tax commitments and since they have a lot of money to spend they don't mind paying it.

idiot - maximum tax rate is about 50%

$3000 total cost is more than 150% of the cost of the TV. pay the tax
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Old 12-10-2005, 08:23 PM   #9
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I cant believe he rents out a 600 dollar tv for 100 a day! thats the problem haha.
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Old 12-10-2005, 08:24 PM   #10
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It's good for the economy.
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Old 12-10-2005, 08:25 PM   #11
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ummmm...don't you mean political party spending? Not government spending?
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Old 12-10-2005, 08:29 PM   #12
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They way ploitics are, that does not surprise me in theleast.
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Old 12-10-2005, 08:30 PM   #13
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ummmm...don't you mean political party spending? Not government spending?
Until they win.
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Old 12-10-2005, 09:23 PM   #14
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you should see how much they rent building's off of the companies for...

of course the owners of those companies are friends with the top crowd... hmm jee wonder how they all got those contracts...
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Old 12-10-2005, 09:32 PM   #15
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you haven't seen guys in serbia! :D that is really insane! :D LOL!
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Old 12-10-2005, 09:44 PM   #16
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Quote:
Originally Posted by zagi
Its because of accounting law, if you acquire an asset you can't expense it fully, you have to depreciate it over its usable life. Hence they are trying to avoid long term tax commitments and since they have a lot of money to spend they don't mind paying it.
True if you keep it ( 10-15% of the price , factoring 3 months out of 12 ...), but if you dispose of the asset, you obviously can and should write it off.
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Old 12-10-2005, 09:54 PM   #17
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A government overspending?! That's unheard of. ALERT the press!#%
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Old 12-10-2005, 10:01 PM   #18
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Quote:
Originally Posted by DrinkingHARDER
So I am at my friend's electronic's store and we are shooting the shit. Well apparently a local political party in Orangeville has rented a 32" Sony TV from him for 30 days for their campaign. For those that don't know Canadian politics there is an election underway...So anyways he then proceeds to tell me how much...

$100 A DAY!!!

The fucking TV set costs $600 at Walmart! LOLOLOLOL!!!! My friend asks the political party manager in this riding why they would'nt just go out and buy a TV because it's significantly cheaper then paying $3000 renting a TV for 30 days.

The party manager says because they can't do that because the TV would become an asset!

My question is why would'nt they just buy the TV and once the election is over they give the TV to a charity or auction it off and give the money to a needy charity???

Once again our hardworking Canadian dollars at work LOL!

DH




I'm genuinely surprised it's not an American story, really. Sounds very American. I thought Canadians were thrifty lol
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Old 12-11-2005, 12:14 AM   #19
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Comes as no surprise...

Lemme guess - Liberal party?
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Old 12-11-2005, 12:23 AM   #20
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lol that's fucked up.
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Old 12-11-2005, 01:30 AM   #21
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the party managers brother is renting the equipment from his brother?
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Old 12-11-2005, 02:05 AM   #22
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whats the campaign managers info? i have a tv to rent out for $90/day.
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Old 12-11-2005, 03:30 AM   #23
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this type of waste is why I wont donate to the bastards. They are hot and heavy into phone solicitation,a couple of nights ago one of the parties called,doing a "survey" asking who I would be voting for, so I told them I would be voting for them, but I didnt do phone surveys so leave it at that, have nice night. About 20 mins later I was on a sucker list and a another call came asking for a donation. So I told them I will be voting for the party, but take me off their list, I dont do donations.
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Old 12-11-2005, 04:30 AM   #24
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If they throw away money it doesn't show up as much on the bottom line as much as aquiring assets. As fucked up as that is, it's easier for them to hide their expeditures that way.
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Old 12-11-2005, 04:45 AM   #25
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Quote:
Originally Posted by SleazyDream
campaigns are run by people who spend their lives getting degrees - they don't have any common sense.

i'm betting if you or I decided to start a political party based on porn and MARKETED it right we'd be running the country at next election time

my bet is that you wouldn't even get on the radar. however, i would be one of your voters.
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Old 12-11-2005, 04:53 AM   #26
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my bet is that you wouldn't even get on the radar. however, i would be one of your voters.
You'd vote for a political party based on porn? Wow, I wouldn't. Wanna know why? Because they'd all be fuckers! Ha Ha get it? Because the porn and the fucking and...and....ahhhh....nevermind.

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