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Good News: Canadians Can Keep Borrowing

January 21st, 2012 | 1 Comment | Posted in Canada Election

Home Equity borrowing

According to the Toronto Star, we can keep taking on more debt.

True to their Keynesian economics beliefs, even though several prominent economists, as well as the Finance Minister and Bank of Canada governor are ringing the alarm bells,  we shouldn’t worry about debt.

We are ONLY at 153% household debt to income – even though the US crash happened at 160% (as did the UK)… there’s nothing to worry about here.

We have homes that are of value. TD Bank’s chief economist Craig Alexander noties that comparing a fixed statistic, which is debt, to a flow of income that is repeated annually, is a bit like comparing apples and orange groves. He also says that while Canadians may have high levels of debt, they have something to show for it — namely valuable assets like homes.

So keep spending, and adding on to that home equity line of credit. Home prices never will go down in Canada.

Nothing can go wrong, can it (?).

Creative Commons License photo credit: _Dinkel_

Jack Layton Passes Away

August 22nd, 2011 | 9 Comments | Posted in Canada Election

Mr. Layton died “peacefully at his home,” according to a statement issued by his wife and children Monday. Jack was suffering from cancer.

Although Jack was on the opposite side of the fence from me, he was a true Canadian and wanted the best for his country. He brought passion to the debate and will be remembered for ridding Canada from the Bloc.

The NDP has lost one of their best leaders. RIP Jack.

The Explosion We Call Heather Mallick

May 4th, 2011 | 8 Comments | Posted in Canada Election

Our angry Heather Mallick has come unglued:

March 28th in the Toronto Star: Mallick: What if Harper’s dream of a majority comes true?

The Conservative hate machine will swivel toward you like a Dalek and advance. You’re doomed. A Harper majority government wouldn’t just lash out generally. It would hunt down its enemies.

Fear these people. Don’t get sick. Don’t grow old. Don’t have children. Make yourself invulnerable.

Really original .. actually I think a Florida Senator said those words.

May 4: Her latest in the Toronto Star: Apparently muzzled, or did they decide to avoid embarrassment?

I write as a feminist who wears only skirts and dresses. But for badminton, I wear shorts because anything else would be gross. You don’t want to see your mom trying to bat a shuttlecock out of a hornbeam with her skirt flying upstairs. That would be sexualizing badminton. It would be wrong.

Follow the money. The money trail leads to underarms, crotches, breasts and toes, anything that cleaves and hides. After flippy badminton skirts come see-through spandex pole-vaulting corsets. I see track shoes with mirrors on the toes, I see England, I see France, I see badminton’s underpants. Anything to make a buck.

Forced to vent elsewhere, she crosses the Atlantic to spew:

Canada’s cold new dawn

Conservative prime minister Stephen Harper is our version of George W Bush, minus the warmth and intellect…

Harper himself is a famously strange man, and not in a mercurial way like Gordon Brown. Humourless and awkward in gait, he was once photographed shaking hands with one of his own children. This will be on full display in the summer as William and Kate undertake their first royal tour, of Canada. Harper has picked the dullest bits of the country because they are the parts he doesn’t hate. You will see the royals in places where everyone goes to bed at 6:30. You will see Harper’s wife look glum while William and Kate smile gamely.

And what of Ignatieff’s defeat? Canada comprises cities separated by vast distances. It is a real achievement to lose the cities, and Ignatieff managed it. Again we feel the influence of Bush: the modern excoriation of intellect scared Ignatieff and he began droppin’ his gs and decrying all that was “partisan” – which is American for believing in something.

The triumph of Harper’s Conservatives is a revolution in Canada. Grumpy old men are happy but modernists, women, young people, immigrants, people fond of evidence-based policy will be much less so. It’s the beginning of a kind of war, conducted in a dull, quietly agonising way.

And she goes on and on, embarrassing Canadians once again. More here.

As The Left Wonders What Might Have Been

May 3rd, 2011 | 1 Comment | Posted in Canada Election, Jack Layton Massage

They lose an election to the Conservatives, so now it’s time to rewrite the rules – forgetting that socialism is not a great platform to win the leadership of a country anymore… democratically anyways.

The left represents about 80% of Canadian political parties, so when they realize they can’t win through deceiving Canadians of what they really stand for, they need to change the rules.

Somehow forgetting that Quebec and Ontario have always decided who runs this country, the cries that Harper doesn’t have a majority of Canadians votes somehow now  makes sense.

When Liberals ruled for generations without the majority of votes, that was OK. Now, not so much.

One of the best ones comes from The Vancouver Sun:

Could a Liberal-NDP merger stop the Tories?

Please do.. Canada having 2 parties would do wonders. It would force the parties to take a stand one way or the other.

Start a movement and take over the Liberal party while the are broke, Jack. It’s time to show the left’s true colors and get a party that represents the true platform.

As they say, the middle of the road is for dead armadillos…

In other news..

Outgoing MPs will receive more than $116 million in pension and severance

Creative Commons License photo credit: Shockadelic

Canada Splits Left Right and Throws Out Liberals

May 3rd, 2011 | 6 Comments | Posted in Canada Election

Looking the the Canadian election map, (click map for infographic) other than in the far reaches of the Maritimes, you’ll need a magnifying glass to find the red. Somewhere in Saskatchewan they voted Liberal as well as one in Manitoba… what were they thinking.

It’s really clear that hard-working Canadians are conservative when you study the map. It’s blue anywhere here is a net contribution to Canada. Orange means net takers… which shows you how we split right and left.

With the middle obliterated, Duceppe threw in the towel right away… Iggy also resigned this morning..

Elizabeth May won Victoria, which shuts them out of decisions… but they can work on their environment while they wait for the next election.

Ken Dryden is gone. Former Liberal party Leader Stephane Dion got elected.

The NDP are feeling swell after their historic rise – completely at the expense of the Bloq and the Liberals. They are the new protest vote opposition – thankfully without much power.

Conservatives gained in Ontario to get a majority, demonstrating Canadians finally had enough of the games.

Good work Stephen Harper and the Conservative party.

Now go to work and get rid of the gun registry, fix our taxes and create an environment for jobs.

That’s all we ask.

Jack Layton Massage: What would they do if the shoe/hand was on the other…

April 30th, 2011 | 14 Comments | Posted in Canada Election

Out of respect for Jack Layton Who passed away August 22, this post has been removed.

How Do We Stop This?

April 26th, 2011 | 3 Comments | Posted in Canada Election

The nanny state is getting worse..this actually is the last freedom we have in Canada that is relatively untouched by our busy-body leaders…. first they taxed our drinking away…

From our local rag:

Junk food tax, ingredient ban needed to curb Canadian obesity

A junk-food tax, or “sin” tax, could help reduce the consumption of high-fat foods and drinks, said Sonia Grandi, co-author of the editorial and Cardiology and Clinical Epidemiology researcher at the Jewish General Hospital in Montreal.

“Anything that contains a certain percentage over the recommended level with regards to fat or sugar, then they would be taxed a certain percentage,” Grandi said.

“Certain countries have actually implemented taxes up to 25 per cent on sodas, chips, anything that has a content that would be anywhere from 10 to 25 per cent above the daily required limit.” The editorial also suggests an outright ban on trans fats.

Whatever happened to people looking after themselves and making their own choices.. do we really need the government deciding after what we eat? Or, profiting handsomely from poor choices made by the lower income crowd?

How do we stop these ninnies from inventing new taxes each day – in the name of helping Canadians. The reality is they are taxing us into poverty… ask why food costs 1.5x what it should.

Give me a political party that promises the removal of gov’t in our personal lives…and they get my vote.

Creative Commons License photo credit: monkeyc.net

Elections Canada War on Twitter

April 24th, 2011 | 4 Comments | Posted in Canada Election

We live in a country where it’s a crime to report on election results.. and Elections Canada is taking on Twitter.

Didn’t this work out well in Egypt?

Section 329 of the Elections Act states that “no person shall transmit the results” from one riding to another before the polls are closed.

The fine for breaking this can be up to $25,000 -and Elections Canada enjoys prosecuting people under this section.

Elections Canada says it is OK to share them by email, phone call or even a Facebook message. It is forbidden though to post the results to your Facebook profile or on your Twitter feed.

A “tweet-in,” is planned on May 2nd..  by getting as many people tweeting results as possible.

Imagine living in a country where you could face a  fine, or up to five years in prison, for “tweeting” without government permission.

It shouldn’t be hard. We already live here.

Understatement of the day: Soaring gas prices on voters’ minds, MP says

April 16th, 2011 | 4 Comments | Posted in Canada Election

The Toronto SunThe soaring price of gasoline has become a hot topic in the federal election, Liberal MP Dan McTeague says.

The gas guru for Pickering-Scarborough East said “unregistered commodity speculators” have taken over gasoline supplies and are artificially keeping prices high.

“People are worried about losing their Canadian way of life,” McTeague said Saturday.

“The more motorists have to pay for gas the less they have to buy other things.”

With the price of gas hovering around $1.35 a litre in the Toronto area, motorists are driving and going out less and purchasing fewer goods, he said.

The metric system allows the raping of Canadians by the oil companies, as well as all levels of government. We aren’t doing the math or asking why we pay so much more that our US neighbors (who are freaked out at their low prices).

Remember that a US gallon is 3.8 litres. So, we are actually paying $5 + a gallon..

Not that there is any will to lower gas prices here in BC, as our carbon tax is in effect now as well as the hidden Vancouver 15¢ Transit Tax… add them all together and we are paying 40 cents/litre or $1.52 gallon in taxes.

And they call the oil companies bandits.