Category: economics

October 9, 2008

Why Canada Is Safe from the Wave of Financial Disaster

Today, Jim Flaherty disclosed that the Republicans Conservatives will not take any additional action to protect Canadians from the wave of financial distress that is covering the globe. Why are we safe?  Because Canada’s financial environment is more secure than what exists in the US and elsewhere. Why are we safe?  Because privately-held, but government controlled, institutions like the Canadian Deposit Insurance Company (the CDIC) […]

October 9, 2008

Canadian Election: What did Stephen Harper Know About Interest Rate Cuts?

In the CBC interview with Peter Mansbridge on Tuesday night, Stephen Harper disclosed that the Bank of Canada would be taking action with interest rates as part of an effort to help with the international economic situation. This announcement is unprecedented.  My question:  should it be considered illegal and a breach of trust? Why the question?  It’s of the utmost importance that at least two […]

October 9, 2008

Canadian Election: Harper’s Buying Opportunity?

In an interview with Peter Mansbridge on Tuesday night, Stephen Harper suggested that the market sell-off would present an excellent buying opportunity for investors. Great.  Thanks Steve.  Wonderful advice, you cold, callous fish. Of course, this advice is easy to act on if you’ve got oodles of cash sitting under your mattress.  However,  most Canadians don’t after having their savings wiped out as a result […]

October 6, 2008

Stephen Harper: $500 Billion Man (PDF)

In a Department of Defense document (warning:  PDF), Stephen Harper and Peter Mackay lay out the plans for spending nearly $500 billion on the defense industry up to 2020. YIKES!! Obviously, another reason to ensure that the Harper Republicans Conservatives do not win unless, of course, you’re into killing people on a massive scale. Now, let’s try to imagine what we could do if we […]

September 27, 2008

Laureen Harper Cancels Plans to Attend Arts Gala

Consider this story in context with this video .  Insert "John McCain" with "Laureen Harper" and you should get the idea.  Stephen Harper is afraid of ‘the arts’ because he knows that people in this community will call him out for what he is:  a wet rag in a blue sweater vest. And Steve:  I’m an ordinary person.  You’re not.  I’m actually OK with you […]