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 (?).

photo credit: _Dinkel_

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.

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:

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.

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.