Whattheheck, thanks for your comments.
I have to agree with blondemike that you
are far and away one of the most intelligent
posters here. A refreshing contrast to the
leftist dim bulbs who spout the same old,
same old under multiple names. We
had Sarbanes here in Maryland who used
Enron to put forth more draconian anti-
business legislation. I am spacing on his
replacement but I’m sure it’s another lefty.
Baltimore County is blue collar Reagan
Dems but the city is 80% black and votes
robotically. Then Montgomery next to DC
is home to govt workers and PG next door
is 80% black. You can guess how they vote.
Posted by bostonblackie on Apr 24, 2007 at 9:08 AM
Mikey
You are a strange old geezer. Do you switch up personas at will or is it a subconcious break that the id is not aware of.
Pet food..16 billion dollars….....Thats insane. Its an animal. It eats crap and drinks from the toilet….People have more money than good sense..
Posted by texasindependent on Apr 25, 2007 at 9:37 AM
Sir
While I agree with your comments this statment betrays bias and ignorance of the situation.
“Adding to the bad taste is that Menu Foods is an income trust, a kind of Canadian tax dodge, sometimes equated with Ponzi schemes. It will be interesting to see how readily that financial structure regurgitates the millions in potential damages.”
While an Income Trust is a ‘tax efficient structure’ it is perfectly legal, and, in fact, similar to a structure which has been around for years in the US and Canada. Income from an income trust is not taxed at the corporate level but distributions (like dividends) are fully taxed at the individual level. Nobody with any knowledge of the facts would compare them to a Ponzi scheme.
As I understand it, one thing which differentiates Canadian Income Trusts from traditional corporations is that the Trust’s liabilities actually fall to the unit holders, unlike corporations where owner’s liabilities are limited to their ownership. In theory, the damages in an income trust could be higher because of this, not lower.
In any event, this shot, as a sign of ignorance, lessens your commentary.
In case you are wondering, I have no relationship with Menu Foods, am not an investor in the company, nor have I ever invested in an Income Trust. I have 3 cats, 2 dogs, a dozen pet rabbits, a pet turkey and a pet chicken, so I do care.
One root issue, is accepting food ingredients from a wild west environment like China. Those who supplied the poison will never be held accountable.
Posted by mingy on May 1, 2007 at 2:03 PM
What about processed food table scraps? I love my two dogs dearly, but I admits to the fact that sometimes I sometimes give into their merciless begging. Instead of using dog food coupons for safe brands such as pedigree or purina; I get lazy and sometimes feed them leftovers.
I would never feed my pets chocolate or bad things like. But is table scraps that involve meat bad? Is there any chance that any sort of non-china western meat would harm a dog? Like a hot pocket or something. I know I am about to be chastised….
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Reader Comments
Terry Allen says,
Whattheheck, thanks for your comments.
I have to agree with blondemike that you
are far and away one of the most intelligent
posters here. A refreshing contrast to the
leftist dim bulbs who spout the same old,
same old under multiple names. We
had Sarbanes here in Maryland who used
Enron to put forth more draconian anti-
business legislation. I am spacing on his
replacement but I’m sure it’s another lefty.
Baltimore County is blue collar Reagan
Dems but the city is 80% black and votes
robotically. Then Montgomery next to DC
is home to govt workers and PG next door
is 80% black. You can guess how they vote.
bostonblackie & mike,
Thanks to both of you for the complimentary comments.
It
Even overlooking the idiocy of the opposition
here, your posts have been outstanding for
their thoughtfulness, WTH. So it’s NOT a
left-handed compliment.
Mikey
You are a strange old geezer. Do you switch up personas at will or is it a subconcious break that the id is not aware of.
Pet food..16 billion dollars….....Thats insane. Its an animal. It eats crap and drinks from the toilet….People have more money than good sense..
Not “Mike” but pets are fine. Have two pugs.
At least they know how to use a toilet, unlike
greasers. By the way, we are animals too.
In the case of Mexicans not a highly developed
animal.
Sir
While I agree with your comments this statment betrays bias and ignorance of the situation.
“Adding to the bad taste is that Menu Foods is an income trust, a kind of Canadian tax dodge, sometimes equated with Ponzi schemes. It will be interesting to see how readily that financial structure regurgitates the millions in potential damages.”
While an Income Trust is a ‘tax efficient structure’ it is perfectly legal, and, in fact, similar to a structure which has been around for years in the US and Canada. Income from an income trust is not taxed at the corporate level but distributions (like dividends) are fully taxed at the individual level. Nobody with any knowledge of the facts would compare them to a Ponzi scheme.
As I understand it, one thing which differentiates Canadian Income Trusts from traditional corporations is that the Trust’s liabilities actually fall to the unit holders, unlike corporations where owner’s liabilities are limited to their ownership. In theory, the damages in an income trust could be higher because of this, not lower.
In any event, this shot, as a sign of ignorance, lessens your commentary.
In case you are wondering, I have no relationship with Menu Foods, am not an investor in the company, nor have I ever invested in an Income Trust. I have 3 cats, 2 dogs, a dozen pet rabbits, a pet turkey and a pet chicken, so I do care.
One root issue, is accepting food ingredients from a wild west environment like China. Those who supplied the poison will never be held accountable.
What about processed food table scraps? I love my two dogs dearly, but I admits to the fact that sometimes I sometimes give into their merciless begging. Instead of using dog food coupons for safe brands such as pedigree or purina; I get lazy and sometimes feed them leftovers.
I would never feed my pets chocolate or bad things like. But is table scraps that involve meat bad? Is there any chance that any sort of non-china western meat would harm a dog? Like a hot pocket or something. I know I am about to be chastised….
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