- "Debt Men - and Women - Walking" - just what does Harper and the Con's have against our children and our children's children anyway
Submitted: 6:30pm PST, 10 Dec.'09
Bank of Canada warns of debt peril, December 10, 2009
http://www.cbc.ca/money/story/2009/12/10/carney-financial-system-review.html
Sounds like we're "Debt Men - and Women - Walking"
Harper, Flaherty, Baird, Van Loan, Prentice and all the Con's have been going around spending tens of millions of dollars to get the Canadian people to identify the stimulus spending with Harper and the Con's, while Canada racks up the largest deficit by far, ever, Canada be damned.
Of course, if you think the deficit is large now just wait until the interest rates are increased by 2 points.
Interest rates will increase. Most economists in other countries are already pointing to the economic tsunami that awaits us when this happens.
This is a serious concern, more immediate than Global Warming, more far reaching than Afghan transferees being tortured.
When you look at the huge deficit Harper, Flaherty and the Con's are racking up, and you look at the "do-nothing" approach to Global Warming - one can only wonder, just what does Harper and the Con's have against our children and our children's children anyway.
I hope Harper, Flaherty and the other Con's are still around so that we may "stick their noses in it" - figuratively, of course. Actually, I would prefer that they get the boot right now and we put someone in Office that will actually do something to save us.
Keep in mind that because of the good work of the previous Liberal government, the Federal Government finances were in very good shape and Canadian Banks even better. Harper and Flaherty have destroyed the Federal Finances and have run around the world taking credit for the strong position of our Banks.
When the Federal Government finances start to collapse under the weight of the debt and when the personal and company bankruptcies start to exponentiate, what will Harper have to say then - "we saved the Canadian economy", "steady as she goes", "even hand on the keel", "let the market forces prevail", "minimize Federal Government interference", "it's the Laissez faire way or the highway".
It will be interesting to see who Harper blames - I've noticed that Harper and his Con's always seem to have someone else to blame for their mistakes.
Apparently many people are satisfied with the direction Canada is taking right now. The problem is that we are not being made aware of what lies ahead. It is the Federal government 's responsibility to be truthful with us and inform us, and in timely fashion, so that we, all as a nation, and individually, may properly prepare. Harper's approach is the exact opposite - hide information, distorting the truth, obstruct, attack the character of anyone who dares to stand up against them. Ignorance is bliss, but it is not forward looking.
It should be clear to all that interest rates can not stay this low for ever.
Lloyd MacIlquham cicblog.com/comments.html
Bank of Canada warns of debt peril, December 10, 2009
http://www.cbc.ca/money/story/2009/12/10/carney-financial-system-review.html
Sounds like we're "Debt Men - and Women - Walking"
Harper, Flaherty, Baird, Van Loan, Prentice and all the Con's have been going around spending tens of millions of dollars to get the Canadian people to identify the stimulus spending with Harper and the Con's, while Canada racks up the largest deficit by far, ever, Canada be damned.
Of course, if you think the deficit is large now just wait until the interest rates are increased by 2 points.
Interest rates will increase. Most economists in other countries are already pointing to the economic tsunami that awaits us when this happens.
This is a serious concern, more immediate than Global Warming, more far reaching than Afghan transferees being tortured.
When you look at the huge deficit Harper, Flaherty and the Con's are racking up, and you look at the "do-nothing" approach to Global Warming - one can only wonder, just what does Harper and the Con's have against our children and our children's children anyway.
I hope Harper, Flaherty and the other Con's are still around so that we may "stick their noses in it" - figuratively, of course. Actually, I would prefer that they get the boot right now and we put someone in Office that will actually do something to save us.
Keep in mind that because of the good work of the previous Liberal government, the Federal Government finances were in very good shape and Canadian Banks even better. Harper and Flaherty have destroyed the Federal Finances and have run around the world taking credit for the strong position of our Banks.
When the Federal Government finances start to collapse under the weight of the debt and when the personal and company bankruptcies start to exponentiate, what will Harper have to say then - "we saved the Canadian economy", "steady as she goes", "even hand on the keel", "let the market forces prevail", "minimize Federal Government interference", "it's the Laissez faire way or the highway".
It will be interesting to see who Harper blames - I've noticed that Harper and his Con's always seem to have someone else to blame for their mistakes.
Apparently many people are satisfied with the direction Canada is taking right now. The problem is that we are not being made aware of what lies ahead. It is the Federal government 's responsibility to be truthful with us and inform us, and in timely fashion, so that we, all as a nation, and individually, may properly prepare. Harper's approach is the exact opposite - hide information, distorting the truth, obstruct, attack the character of anyone who dares to stand up against them. Ignorance is bliss, but it is not forward looking.
It should be clear to all that interest rates can not stay this low for ever.
Lloyd MacIlquham cicblog.com/comments.html
posted by wlloydm at
6:59 PM
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