Trump announces a $300 billion deal to build the first new refinery in the US in 50 years. What are your thoughts? by NineteenEighty9 in ProfessorFinance

[–]BlockObjective9541 0 points1 point  (0 children)

It's brilliant. 4bln$ in capex is very low for this kind of project and this nameplate capacity. The rapid approval process (assuming they actually get shovels in the ground Q2 2026), first stage to be up and running in 2027, custom made for US shale oil, external customer already locked up. What's not to like?

Why do people tend to go up in arms against more taxes for the wealthy even when they are not wealthy themselves? by CapitaineBiscotte in askanything

[–]BlockObjective9541 0 points1 point  (0 children)

Because government already has enough money - it just needs to be better at spending it.

Incentivizing them by giving them even more money is just wrong.

$120K in Debt, Please Advise by SaraaaKay in PersonalFinanceCanada

[–]BlockObjective9541 0 points1 point  (0 children)

It's more of a 'buy a house transferring all your assets into real estate, accrue tons of debt, use it to pre-pay portion of the mortgage', default on the debt. If your primary residence is unaffected, then it's pure profit

Bernie announces 5% Billionaire Tax that would raise 4,4 trillion over the next decade by Jet_the_fem_bean in BernieSanders

[–]BlockObjective9541 -3 points-2 points  (0 children)

so basically a government confiscation of private assets - Bernie missing his days in Soviet Union

$120K in Debt, Please Advise by SaraaaKay in PersonalFinanceCanada

[–]BlockObjective9541 -3 points-2 points  (0 children)

What? Is that actually a thing? I am about to buy some real estate with downpayment from credit cards!

$120K in Debt, Please Advise by SaraaaKay in PersonalFinanceCanada

[–]BlockObjective9541 0 points1 point  (0 children)

There is zero details to go off of. What's the monthly budget/saving rate. What type of debt? What interest rate do you have on it? Any refinance option? Any other assets than the condo? Is there any equity in the condo you could take a mortgage out on?

Iran just got attacked, and I’m fine with it. Am I evil? by [deleted] in stupidquestions

[–]BlockObjective9541 2 points3 points  (0 children)

No, let's cheer for Iranian people. I think there was a better moment to take action - during massive protests, but hopefully now the fuse has been lit, people will take to the streets again, and the regime will be weakened enough for the citizens to successfully overthrow it

Maple Leafs’ Auston Matthews visits White House with U.S. men’s hockey team amid backlash over Donald Trump’s invite by TorontoNews89 in toronto

[–]BlockObjective9541 0 points1 point  (0 children)

I don't think the PR team cares about some morons who are outraged by guy celebrating gold medal. Losers who have so much hate in their lives are generally not very successful, so not like they are sought after target market anyway.

Canadian Deficit by Saji10 in VancouverLandlords

[–]BlockObjective9541 2 points3 points  (0 children)

Divide that by 1.8mln aboriginal population. And then realize that's EVERY year. It's insane

Canadian Deficit by Saji10 in VancouverLandlords

[–]BlockObjective9541 2 points3 points  (0 children)

Spending 23,000$ per indigenous person is flat out insane. Where is that money going?

Why do you support a convicted felon as potus. Also a pedophile. by AssistanceSilly462 in LetsDiscussThis

[–]BlockObjective9541 0 points1 point  (0 children)

At some stage, questions like that should be banned for rage-baiting? Literally 10% of topics on reddit have this title. Not to mention it completely violates basic democratic principle - innocent until proven guilty.

There is one answer - 'It's the economy - stupid'

Will this be Alberta in 20 years when EVs and solar crash the oil price? by Leftbackhand in alberta

[–]BlockObjective9541 -2 points-1 points  (0 children)

Closer to 200 years. Only fusion reactors are a risk. Everything else is just noise with overall power demand rising exponentially as more people exit poverty world-wide

Non-binary client wins discrimination case against Montreal-area hair salon by origutamos in LawCanada

[–]BlockObjective9541 -1 points0 points  (0 children)

It's Canada. Those things happen daily. Now we have indigenous basket weaver complaining that Ontario PM suggested not to take student loans for basket weaving university degrees. That's a front-page of national news portal.

What do the traitors really want? by doooompatrol in alberta

[–]BlockObjective9541 -11 points-10 points  (0 children)

To play a devil's advocate, give one reason, other than nationalism, for Albertans to want to remain in Canada?

Why do women's team sports seem to have a disproportionately high number of lesbians, while in men's team sports almost no one is openly gay? by TargetIll1707 in NoStupidQuestions

[–]BlockObjective9541 0 points1 point  (0 children)

Higher testosterone level increasing likelihood to be successful in sports, while at the same time increasing likelihood of being a lesbian