Provincial budget missed two big promises

A letter to the editor by Lloyd Atkins

To the editor:

A Ponzi scheme is an investment scam that initially delivers high returns by paying out a significant portion of the new money contributed by an ever increasing number of misguided investors.

When the mastermind of the scam can no longer attract enough new money, the financial house of cards comes crashing down.

The conman’s victims are left with nothing but shattered dreams and broken hearts.

Most British Columbians think it can’t happen to them. Well, maybe it already has. There’s an NDP premier in Victoria who promised voters an amazing future based on spending more taxpayer money.

The budget tabled on Monday, a re-jigged version of the one crafted by the Liberals, does not address two of the NDP’s most expensive promises, $10 per day daycare and a $400 rebate for renters.

Writing those whopping big cheques, along with many others, has been delayed but not forgotten.

John Horgan’s plan has all the hallmarks of a Ponzi scheme. Don’t be surprised if the Office of this B.C. Premier becomes known as John’s Ponzi Shop.

Lloyd Atkins

Vernon

Just Posted

Bantam Wranglers gets first win and tie of the season

Team beats Rockets and ties Warriors

100 Mile RCMP calls up slightly

Increase largely due to wildfires

Foodbank fed 504 people with a total of 13,806 pounds over holidays

‘It was a great success thanks to the community’

Outriders Club told to get equestrian community involved

‘We’re totally frustrated, it just seems like we’re not part of the picture at all’

Reductions proposed to mule deer hunt

Comment now if you have concerns as the deadline is Jan. 19

B.C. cougar kitten rescued after mother struck by vehicle

Conservation Officers find home for young kitten found dehydrated and frostbitten near Williams Lake

WestJet appeals lost bid to scrap harassment lawsuit

Airline argues judge was wrong to have dismissed the company’s application to strike the legal action

Can U.S. border guards search your phone? Yes, and here’s how

Secretary of homeland security explains a new policy that let’s border guards check phones

‘Beautiful writer’ Nancy Richler dies of cancer in Vancouver hospital

Montreal-born author spent most of her adult life in B.C. as a fiction writer and novelist

B.C. commuters vote to rename bus service to ‘Jeff’

The company asked and the people of Facebook answered

Students frustrated by UBCO response to harassment allegations

Students on the Kelowna campus were unaware of resources and worried about lack of communication

Opinion: Dare to be smarter

Just say no works for more than just substance abuse

‘Sing Me a Song’ about B.C. for a chance at $1,000 contest prize

Entries due by March 30 for lieutenant-governor’s British Columbia-themed competition

Facing reality of death, B.C. man learns real meaning of life

Even while preparing for the end, something inside Keven Drews won’t let him stop living

Most Read