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Most countries, this one included, have some variety of a "Job Creators Immigration Fast-track" -- a program that allows someone with a lot of money to buy their way into the country. The rationale for such schemes is as universal as it is ludicrous: Rich people are, um, rich. So, if we let rich people come here, then we'll all be richer, in the aggregate.

This is rooted in a fundamental blind spot in western philosophy -- the failure to grasp that one man's wealth is everybody else's debt. Letting a rich person move into the neighborhood just creates obligations for the rest of us. It also inflates the local economy, pricing the locals out of their own living space.

Somewhat surprisingly, Canada seems to have figured this out. Sort of.

I've got a little more to say, just on the other side of the exquisite orange vulva ...

Canada's program was one of the most inane imaginable. Whereas some countries  (including, I think, 1980s Canada) require the wealthy pilgrim to put up capital in the form of one or another variety of "authentic" investment, such as buying/starting a business, Canada's current program requires the supplicant to make a large low-interest loan to the Canadian government. Something along the lines of, "Buy some T-bills and you can stay as long as you hold on to them. Stick it out for 5 years and you're in!"

Unfortunately, when they took a look at the results of this bizarre system, what they found was that such people aren't actually very useful to have around. Many of them decide to leave. Generally, they don't become big-time contributors to the public coffers -- i.e, taxpayers. Mainly, in fact, they just come over, sponge off of Canada's considerable social infrastructure, and create nothing other than work -- which, as I keep trying to explain to people, is already in abundant supply, in the sense that there is no shortage of stuff that needs to get done, but doesn't.

The bottom line, which ought not to be a big surprise to any thoughtful person, is that 1%ers are not generally our benefactors, they are our burdens, and ought to be treated that way.

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Comment Preferences

  •  Tip Jar (9+ / 0-)

    To put the torture behind us is, inevitably, to put it in front of us.

    by UntimelyRippd on Wed Feb 12, 2014 at 08:01:06 PM PST

  •  perversly rewards exploitation (0+ / 0-)

    the faster and more effectively you can exploit your fellow countrymen means the faster we roll out the red carpet.

  •  The video of the Dufour-Lapointe sisters on the (1+ / 0-)
    Recommended by:
    UntimelyRippd

    medal stands must be getting some airplay in Canada. When the gold medal sister teared up as "O, Canada" played was quite the photogenic moment.

    If she were a U.S. athlete she'd have been on 5,867 TV shows by now, and she'd be offered a FOX "news" gig were her politics sufficiently conservative.

    They were incredible during the moguls competition.

    And yes, still smarting over the woman's hockey result too.

    "Yes, reason has been a part of organized religion, ever since two nudists took dietary advice from a talking snake." - Jon Stewart; The Daily Show

    by Uwaine on Thu Feb 13, 2014 at 10:04:56 AM PST

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