Comments on: Pump & dump

By: Monty

Monty — Wed, 03 Dec 2008 21:25:16 +0000

Calgary_rip_off, great insight on the parties in Canada.
I did not say that any of them is great, and most likely it is not. Just saying that they need a bigger reason than obvious grabbing of power. Saving economy will NOT happen as not much can be done ! Teh recovery will not depend so much on Canada.
Those masters of wasting tax money as always will achive nothing in terms of improving economy or stagnating living standard.
Well if you like paying more and more taxes while waiting more and more for a medical service etc, sure support them.

By: Bottoms_Up

Bottoms_Up — Wed, 03 Dec 2008 05:20:55 +0000

Thanks for the link David (#117).

This line says it all:

“CMHC was never supposed to be in the business of insuring speculators.”

Good to know our taxes have been used to help bailout speculators.

By: Keith in Calgary

Keith in Calgary — Wed, 03 Dec 2008 03:27:33 +0000

It is the Red Chinese propoaganda organs writing that article……..oh wait……..could have been lifted from CREA though.

By: poorguy

poorguy — Wed, 03 Dec 2008 02:03:22 +0000

#125 lgre

“Maureen O’neil must of wrote that article.”

I liked that!

By: lgre

lgre — Wed, 03 Dec 2008 01:29:51 +0000

Source: CCTV.com | 12-02-2008

The recently announced massive economic stimulus package and new policies to encourage property investment have boosted the housing market in Shenzhen. Deals reached a two-year high in the southern city this month. After nearly half a year of chilliness, the property market in Shenzhen is warming up again.

http://www.cctv.com/english/20081202/101799.shtml
———————————————-

what’s a stimulus package going to do? fighting debt with debt does not work..we are witnessing this in the U.S..they have thrown in how many trillions of dollars so far and the economy with housing just keeps plunging.

Maureen O’neil must of wrote that article.