The new world

She runs a thriving BC-based export business. Her message to me yesterday: “The Canadian dollar can’t keep rising can it? My biz is 95% to US customers; I’m dying! Thinking of voting for Jack on Monday….”

Yeah, that might do it. In fact, it won’t take PM Layton to bomb the currency trading desks on Bay Street Tuesday morning. Just Jack the king-maker. Which, right now, is absolutely the expected outcome. So the latest from RBC Dominion Securities escalates the anxiety over the Dippers and the Libs getting a bigger seat count than the Cons. “This would create the greatest degree of political uncertainty,” the company says, “and boost volatility.”

You bet. If Jacko becomes the leader of the Official Opposition on Monday, it’s a new world. As I speculated some days ago when this first became a possibility, it means Stephen Harper’s minority government could be toppled in a heartbeat and the G-G would be duty bound to ask the other guys if they could take over. Would Iggy acquiesce in an Orange Revolution and join the moustache? Is Kate Middleton hot?

It all depends how many separatists Quebeckers send to the Hill. Harper has happily counted on their support in the past to avoid defeat (one reason he pushed through Parliament recognition of Quebec as “a nation”). But if Duceppe is humiliated with less than 20 MPs, this might not be an option. In which case, we’d likely have a change of government in a few months – sans the democratic fuss and expense of another election.

Next move: new leaders for the Cons, the Libs and the Blockheads. Ironically, the guy with the bionic hip and the prostate cancer would be the one left standing – in serious danger of becoming a symbol of what optimism in the face of tedious pomposity can do.

Last time, we mused on what the election might do to politics. Let’s focus more on what’ll do to your financial health.

Assume a reduced Harper majority, Jack ascendant, Iggy squished (now the best case scenario for the Conservatives). It’s reasonable to muse there won’t be another budget passed without Layton’s approval. After all, the opposition parties will have the votes to humble F at any time, which means the only hope the Cons have of remaining in power will be to give the barbarians enough red meat. Or in this case, probiotics yoghurt.

Some implications: No jets. More critically, no corporate tax cuts. In fact, taxes on big businesses might actually be squeezed higher (the NDP platform calls for an 18% increase). This will probably scare off some new investment and put Canada out of step with competing jurisdictions.

And down goes the dollar.

It’s also a safe bet that Harper’s plans – announced during the campaign – to slash $11 billion in government spending and garrote the economic stimulus program will be kaput. The Dippers have run, after all, on more spending to be paid for with more taxes. More social programs. More for old folks, education, the disadvantaged and the environment. And while they pledge to balance the budget, it will come as government dramatically extends its size and reach.

Also pivotal to NDP beliefs is an end to subsidies paid to the country’s major oil producers, and a cap-and-trade system which will have profound effects on our greatest emitter of greenhouses gases, the oil sands. As you may have figured out, it’s been romping commodity prices that have actually kept Canada’s economy above water for the past two years, so this might not be the move the energy barons were anticipating. Jack’s also hinted at federal curbs on gas prices at the pump, and promised to clip bank profits with a cap on credit card interest.

Now, he’s unlikely to be prime minister Monday night but, as I said, he may end up with more influence than the guy who gets the limo.

And this is what the currency cowboys will be hopped up for.

So what if the dollar falls a few cents? Well, it sure removes the one big reason interest rates didn’t pop a few months ago. The Bank of Canada’s boss, Mark Carney, has made it clear he wants to “normalize” rates because we have borrowed our flipping brains out, created a real estate bubble and threatened future economic growth. But the soaring loonie was an impediment, since higher rates would goose it further, killing off more exports and jobs.

That could change in a few hours. And what if the Layton agenda of big government, big spending and big taxes comes to pass? Big inflation, probably. More impetus for higher rates.

As for real estate, well, I think this may be the end of McMansion-friendly, big-hat-no-cattle, leverage-lovin’, energy-sucking, pave-it-all era of government. Mr Layton and his MP wife, Olivia Chow (she’s also hot) live on a dodgy street in deep urbanity in a frame structure that would make a piss poor garage in Calgary.

This is going to be so interesting.

259 comments ↓

#1 Kurt on 04.28.11 at 8:18 pm

“Is Kate Middleton hot?”

Not as hot as her sister Pippa.

#2 totalchaos on 04.28.11 at 8:26 pm

One observation in my Lowermainland ‘hood is the Mcmansion homes have the orange signs and the 900 sq ft bungs have blue. I think I might have seen a red…

#3 Firsty First First? on 04.28.11 at 8:28 pm

Dare I say it……First!! Put a check on the bucket list!!

#4 Kurt on 04.28.11 at 8:34 pm

“our greatest emitter of greenhouses gases, the oil sands.”

Uh, wrong.

Even within Alberta, and aggregating both upgrading/refining and in-situ extraction, the oil sands are number 2 behind power plants (2008 records – they were the closest to hand.) Add in Ontario’s coal, and they end up even further behind. Keephills, Genesee etc. pump out double C02 of the oil sands.

But, for all that, your economics analysis is spot-on – there’ll be an instant freeze on new projects. Which, given how overheated Fort McMoney is, might not be a bad thing.

Thanks for using the correct term – most people call ’em “tar sands”. (It’s actually bitumen, but the historical name is “oil sands”)

#5 LH on 04.28.11 at 8:35 pm

Each of my four houses in downtown are bigger, nicer and better located than that dump. Maybe it’s because I don’t waste money on pointless toys for the “environment”. There are far better places in the world to put up solar panels than sun-forsaken Toronto!!

On the other hand, if her hubby makes it as PM, I can see some nice brown bags of cash coming if he acquiesces to our corporate overlords. C’mon, if it’s good enough for Obama, then it’s certainly good enough for this geriatric yellow-fever infused candidate!!

Sorry for this rant… I just wished I lived in a different riding from Olivia’s, one where the choice is not between socialism and communism!

#6 Makes Cents on 04.28.11 at 8:37 pm

Go Jack!

#7 squidly77 on 04.28.11 at 8:41 pm

Yup, I’ll be sucking on a six pack when the results begin to roll in Monday night. It’s almost unbelievable what could happen.

#8 squidly77 on 04.28.11 at 8:43 pm

Mortgage debtors may require something stronger to drink, especially those with a VRM.

VROOM VROOM and away !!

#9 Rafa on 04.28.11 at 8:44 pm

First???? XD

#10 Nostradamus Le Mad Vlad on 04.28.11 at 8:53 pm


“Just Jack the king-maker. Which, right now, is absolutely the expected outcome.” — Seems right: Latest EKOS poll showing possible seats on Monday, give or take. The NDP finish second with 98, well ahead of the Libs. 56. CPC has 139. Link in.

So Harper doesn’t get his majority (YYYEEESSSSS!), but as pointed out to Chaos in one of yesterday’s links, May is supposed to be a topsy-turbulent-turvy month.

One thing is clear — sweeping changes for the remainder of this year.

“It all depends how many separatists Quebeckers send to the Hill.” — Hasn’t Jack being wooing Quebecers, and gaining their support throughout the campaign? Unlike Iggy and Harper, Layton seems to be pushing all the right buttons with his BS doublespiel.
*
Panic Selling of the US$. But I thought the US$ was as strong as The Northern Shield! Credit Rating Not that great for the US. 0:15 clip Geithner. Self-explanatory. He doesn’t know what he’s talking about.

Profits Up Kinda strange how oil prices go up, profits might increase (but only for a few).

4:06 clip Hmmm. Obama and Cameron caught red-handed funding fascism in Bahrain. Is this why Wills and Kate are getting hitched, to divert attention away from the real stuff?

New Madrid Fault Twenty times bigger than the SAF, when this one blows it will rip the heart out of the US. The SAF may be a prelude.

12:02 clip Libya and Brit. blood.

Cheney was right — deficits don’t matter, but debts do. Austerity in the USA It’s happening everywhere else, so why not here?

Variations on Monsanto. Organ Disruption Nineteen studies. Monsanto again.

#11 VICTORIA TEA PARTY on 04.28.11 at 9:03 pm

IF THE NDP WINS ON MONDAY?

In that case, I’m thinking of becoming a very expensive, very whiney, bitchy, kvetchy entitlement bunny.

I’ll wear out my welcome at the local NDP MP’s constituency office.

Get out the Tylenol 3, Denise, and make my day! Put on the tea, wash that damned floor and make some cookies, sweetie.

I’m entitled to everything, NOW, because Uncle Jack Flash says I deserve everything I can get because the NDP is in charge! Damned tootin’!

Under an NDP federal administration I will tell all near and far that I was once a self-reliant Tory-type who believed in small government, balanced budgets, and super-clean hot water bottles.

Now, someone else can cut my front lawn and clip my freakin toe-nails. Screw them, and all those young folk. Gimme ALL their savings. They’re young. They can just stay on the job, those louses. Stop whining!

Hey, Jacko; coming to town soon? You’re invited to the First Annual Victoria and District Entitlement Bunnies Anonymous Festival.

You bring all the eats and drinks AND money! After all, it’s not your’s. It’s theirs’! Whoopie!

All we want is the hides off every OTHER Canadian backside, because we’re over 65 and we DESERVE IT!

Hey, Jack. My birthday’s coming up, in May. I’ll take that
1,200 horsepower Bugatti Veyron, right over there. Costs a couple mill, no prob. It goes 256 miles an hour. Take turns being the hood ornament? You first, Jacko, because the NDP will always give me what I want!

Looks like good times. Federal debt? Renege! Default! because we’re higher purpose drones with a message to the world.

Piss off!

Oh, Jacko. For Christmas…

#12 Mr. Lee on 04.28.11 at 9:03 pm

The reports of a US dollar collapse have been very over rated.

A damper on our dollar will be when QE 2 is brought to close by Fed Chair BB. This will create an opportunity for treasuries to be once again purchased on mass by something else the Us Central Bank. Once that happens our currency will feel the effect of a decline and yes. Mr. Carney can then take his overnight rate back up to it needs to be.

By the way, Gold and Silver will also correct. No currency in the world has the mature bond market like the USD. I muse that it will remain the reserve currency for some time, deficit or no deficit.

Cheers

#13 Boombust on 04.28.11 at 9:06 pm

Bring ’em on.

At least Jack won’t be so smitten with selling out the country as Harper and the other neo-Cons are.

They’re a disgrace.

#14 Slow Learner on 04.28.11 at 9:09 pm

Lots of things could happen in these interesting times before Jack gets that corner office.

Garth, as someone familiar with the crowd and Parliamentary procedure, could a few months of backroom deals between the Lib and Con powerbrokers strike a deal? Say jettison Iggy and maybe even Harper, then shake hands and be friends again?

#15 Tim on 04.28.11 at 9:10 pm

You’re so full of it. The big banks-an Oligopoly, and the big Oil companies will do just fine, regardless of who is in power. It is time to stop pandering to the big corporations by giving them tax cuts and forcing consumers to pay higher taxes. If the NDP gets in, it will be a nice change. At least we won’t have a dishonest, lying PM who wants to do everything he can to reduce public involvement in government affairs.

Wikileaks notes Harper’s Senate about face
http://www.cbc.ca/news/world/story/2011/04/28/wiki-leaks.html

Yes, this points out how Harper, who campained on reforming the Senate went on to do the opposite and stacked it with his right wing buddies. It also goes on about how he prorouged parliament twice to shut down any debate on how he dealt with the Afghan issue
http://www.cbc.ca/news/world/story/2011/04/28/wiki-leaks.html

#16 Tim on 04.28.11 at 9:12 pm

Exxon made 11 billion in profit this quarter. Does the Government really need to give more breaks to this industry?

#17 David Jensen on 04.28.11 at 9:16 pm

I hope the morons gather en masse and give the NDP the reins to Canada.

The predictable destruction of our economy, people’s jobs, and the huge rise in gasoline and home heating prices will make sure it isn’t a worry again for a long time.

Who is falling for this used car salesman and his junk economics?

#18 Ayn Rand on 04.28.11 at 9:18 pm

I was a card carrying PC in 1990 when the Ontario NDP won their majority – I was devastated they got in. I soon got a job working for a deputy minister in the ontario government as an Executive Assistant, so I got to chat alot with my fellow EAs from across the public service. I discovered from these learnings that the new NDP Ministers did not have a clue what to do. And frankly, alot of their leftist plans did not seem to materialized once they were in power – those lofty promises back then (public auto insurance, completed Aboriginal land claims, etc) were deemed too costly to implement.

I was pleasantly surprised on what exactly the NDP did and did not do in those days as the rulers – I was expecting a lot worse.

As scary as the NDP were/are, I would be willing to give them a chance federally. (unless Garth is running in my riding, he’d get my support 100%).

#19 The American on 04.28.11 at 9:20 pm

At #12: Mr. Lee, hmmmmm…. Dare I bite? Can I ask why you feel this way? I’m asking because I completely agree with you, and I rarely read someone with your understanding of currency rates and effects on bonds on this blog. Can I ask where you are getting your information? Trust me – I have an inside track with currency.

Tis true, though, bad news sells papers, and therefore they always make it a worst-case scenario, which NEVER happens of course :-) Especially when it is dealing with the world’s largest economy (oh yea, even in the worst recession in history).

#20 McSteve on 04.28.11 at 9:20 pm

There is one thing scarier than a Harper majority or a Layton minority.

It’s the state of Canadian leadership/politics that make either outcome possible.

#21 Utopia on 04.28.11 at 9:24 pm

#11 VICTORIA TEA PARTY

“Get out the Tylenol 3, Denise, and make my day! Put on the tea, wash that damned floor and make some cookies, sweetie.

I’m entitled to everything, NOW, because Uncle Jack Flash says I deserve everything I can get because the NDP is in charge! Damned tootin’!”

—————————————————–

Pretty damn funny stuff Victoria. I laughed my ass off!

Great post from you too Garth. Nailed it as usual. I am honestly very worried about the country right now. We need a stable responsible government with a solid platform and sensible budgets, not a bunch of yahoos getting their grubby little orange hands on the printing presses and going nuts on us all.

I will say a prayer for voter sanity come Monday. Very worrisome polls though. Say Goodbye to the recovery everyone and get ready for an actual housing crash.

What were we thinking?

#22 eddy on 04.28.11 at 9:24 pm

Layton will make things A LOT worse. The City of Toronto ( who was paying Layton’s salary) lost it’s Olympic bid because of Layton and his ‘bread not circuses’ campaign. The Olympic committee actually said that Jack’s agitation was a strong factor in awarding the games to Atlanta, they didn’t want protests or controversy at the games. Folks, this is a historical FACT. He actively discouraged MILLIONS of dollars of business from coming to the city that employed him! In Ottawa, he will TAX and BORROW. You want a circus? vote for Layton. Ottawa is basically a collection agency for Rothschild. Haarper was doing an efficient job. More government is NOT the answer. I’m not voting.

http://www.youtube.com/watch?v=acLW1vFO-2Q&feature=related

#23 Aussie Roy on 04.28.11 at 9:26 pm

Aussie Update

Capital city home prices continued their downward slide in March, posting their worst slump in at least 12 years as the property market showed more signs of sagging demand. Brisbane and Perth fell the most.

But, but, but don’t we have a shortage and plenty of rich asians ?…. The short answer is NO.

Just a shortage of Greater fools.

http://www.smh.com.au/business/home-prices-in-biggest-drop-in-12-years-20110429-1dzkb.html#ixzz1KsDOdFv4

As prices slump and the reality of falling prices knocks on the delusionals front door, a large percentage of people say “Bubble is deflating – I’m staying out or getting out”.

http://www.smh.com.au/polls/business/home-price-outlook-20110429-1dzmt.html

#24 Jon B on 04.28.11 at 9:27 pm

Garth, in regards to the women you note as being “hot”. What’s wrong with you?

You sound hot. — Garth

#25 jas on 04.28.11 at 9:29 pm

As far as going Green, Jack Layton and his wife Olivia Chow have shown us by practical example, rather than just spitting out hollow words.
What have the other ‘leaders’ got to show us in this regard?
Well done Jack & Olivia!

#26 Utopia on 04.28.11 at 9:38 pm

It seems utterly incredible that a party that is opposed by more than 70% of all Canadians might actually lead a coalition government in Canada and impose their disgusting tax and spend program against the will of the majority outside Quebec.

Every effort must be made by Stephen Harper and his party to ensure a properly running and responsible government even if that includes teaming up with the Liberals on concessions to exclude the NDP.

As unlikely as that sounds, it may be the only way to stop Layton from destroying the country and the business friendly environment that now exists.

#27 Jack Layton next PM on 04.28.11 at 9:42 pm

Would Iggy acquiesce in an Orange Revolution and join the moustache? Is Kate Middleton hot?

========

Ooooooooooooohhh I am getting excited

I am sure glad this is a family blog site and no soft porn allowed.

#28 Lead Paint on 04.28.11 at 9:47 pm

Layton is not stupid. He has a long track record of being pragmatic. He would work with Iggy to find a policy compromise popular with Canadians, one that doesn’t jeopordize the economy. Only when he had a strong popularity rating would he try for anything big like cap and trade.

Iggy will have two choices – refuse to join the NDP, be replaced at the top, and go down as the worst leader in Liberal history, or else help form a government and live to fight another day, and salvage his reputation.

Only an NDP majority would panic markets.

The days of big majority governments in Canada are over. We may as well get use to it. Parties that learn to work together should be rewarded.

#29 bsallergy on 04.28.11 at 9:48 pm

I’m looking forward to the selfservative and liveral coalition.

#30 Hoof- Hearted on 04.28.11 at 9:50 pm

The funny thing may be that the polls create a fear factor….and actually backfire against Jack-o

Ignatieff , like most post – Chretien Liberal leaders(aka useless)may still end up as some part of the political dynamic aka coalition, ” Kingmaker”, because enough Trudeau groupies exist to give the Liberals blind “can -do -no -wrong” support.

This whole campaign( in fact, the last few years) , have been a long drawn out Monty Python routine..take your pick of which skit…maybe all of them combined.

#31 T.O. Bubble Boy on 04.28.11 at 9:54 pm

Is the perfect storm coming?

– China implodes under it’s GDP-juicing bank loans, killing the market for Canada’s commodities.

– U.S. implodes under it’s debt/austerity, killing the market for most of Canada’s other exports.

– Canada’s economy and dollar both tank, making all of our imports become more expensive.

We’re left with a 75-cent dollar, a bunch of dwindling commodity companies, and maybe some fighter jets that we can’t afford to fuel up.

At least all of the Brits will be able to buy Canadian stocks! (through the TMX-LSE merger)

#32 All is knowledge on 04.28.11 at 9:56 pm

If jumping Jack Layton becomes PM we can all have subsidized housing just as he did in Toronto when he was a City councilor. Then for sure the real estate market will crash.As Mel Lastman likes to say “NOOBODY ” would turn down subsidized government housing.

#33 LJ on 04.28.11 at 9:56 pm

Yep, the NDP want to kill the goose that lays the golden eggs (resources and corporations) and eat it for dinner. Then they will cry that there are no golden eggs to go buy any more food with.

I have some serious issues with Harper, but he is probably the least evil of the choices we have at this juncture. Give him a majority and see if he can actually run this country properly instead of pandering to the leftist loonies!!! If he fails, I will gladly vote Green next time, then promptly move to someplace with a little more sanity and less socialism.

#34 Jack Layton next PM on 04.28.11 at 10:00 pm

Listen…

My good friend George “W” Bush taught me a few tricks…

If the polls indicate I may lose what is rightfully mine….the Presidency/Dictatorship of Canada …..I will have my aparatchik groupies send out messages to Western Canada that I will not only repeal Bill C-68… after I nationalize Wal – Mart…I will give free long guns to first 6 million people west of Portage and Main.

This is a subtle hint that prostitution, political or otherwise , will be next on the “free for all” NDP agenda.

Oh yeah ???…

#35 TaxHaven on 04.28.11 at 10:06 pm

“…a symbol of what optimism in the face of tedious pomposity can do.”

I have to admit that is refreshing, even though the socialists (the orange ones, not the red or blue ones) are quite set on spending my money on other peoples’ social programs…

#36 not 1st on 04.28.11 at 10:08 pm

I would rather see Harper team up with the bloc on occasion to keep porno Jacko at bay than see the NDP be a power broker of any sort. Cap & trade is a farce – just ask the Europeans how it went. And pumping seniors with more entitlements is the worst thing we can do. The programs that do exist now won’t even be around for the next generation.

I suspect big business and big oil are in the board rooms late at night for the next few days finding a way to grease this campaign into Harper’s favour, or at least out of Laytons dirty paws.

#37 shanks on 04.28.11 at 10:08 pm

check it out, some interesting facts regarding fukushima… i hope you have a good food supply stocked up in your bunker Garth! (yes i know i am a doomer, but at least i rent and have some savings ;)

http://www.naturalnews.com/032048_radiation_milk.html

#38 Aussie Roy on 04.28.11 at 10:15 pm

Aussie Update

The good news story just keep coming today.

Housing loan increase weakest in a generation

While housing credit increased, the gain was the smallest since June last year, while the annual increase was the smallest in the history of the RBA data series, which extends back as far as 1976.

http://www.smh.com.au/business/housing-loan-increase-weakest-in-a-generation-20110429-1dzug.html?rand=1304044870266#ixzz1KsRRmBAU

Who was it that said debt and emotion drive house prices, wages drive house values.? Must have been a very smart fellow.

#39 S.B. on 04.28.11 at 10:17 pm

Funny, most of my co-workers (uni eduated, financial industry, some having lived in italy, japan, germany) are also “anti american”.

Paranoid delusional! There’re all out to get me, they’re all anti americans! Ahhhh!
Every single last one of them. See I told you this kind of talk emboldens “Our Enemies” (the anti americans), we need to ramp up military spending (more than every other G8 counry combined) and go “over there” to “get them” (the anti americans thinking naughty thoughts).

Yes, Canada’s social, financial, and moral decay is also on the decline. Look who our neighbo(u)r is. You lie with dogs, you get fleas. The greatest threat to our freedoms come from attacks by China, USA or Russia.
Though, in recent times only one of these has invaded and dropped WMD onto a dozen countries. An inconvenient truth.

#40 Caron on 04.28.11 at 10:17 pm

Aside from a few gift shops, very few large business decisions hinge on the corporate tax rate. Raw materials, labour force availability, transportation, and that all important exchange rate you opened the posting with are much more important.

So frogs will not fall from the sky if the NDP ends up as the official opposition and a lower dollar is being reverently prayed for by exporters of everything from cars to cattle.

Ps: Mrs. Layton’s green home is certainly nothing new. There are lots of successful net-zero energy homes in the west, many dating back over 25 years.

And they are good news for gas producers. This is because gas fired turbines are the backup for wind and solar. This is very good for gas producers and much cheaper for consumers than coal or nuclear.

Incidentally the Alberta government instituted a carbon tax several years ago which is hitting our biggest source of carbon emissions: coal fired power plants.

#41 Chaos on 04.28.11 at 10:18 pm

G’day Vlad…enjoy the holiday?

Thanks for pulling me back into this sucking vortex of temporal rectitude.(sorry I digress)

By the by…I was just remembering a thought that I posted here a few of weeks ago. In that post I ventured that with Neptune(the ruler of illusions) moving temporarily out of the 11th house(large groups, politics, the future) that the political landscape would suddenly become much clearer.
The veil would be lifted.

During April with so many personal planets occupying the 1st house of Aries we have seen a great deal of personal conflict, much of that face to face and hand to hand combat. To wit, the many revolutions occuring simultaneously worldwide and also personal war zones in close contact with mother nature.

This personal revolution culminates(for the time being) during the first couple of weeks in May as the energy moves out of the first house into the 2nd house of income, money and personal assets.

However before that happens…on May the 2nd we will be having an election.

On May the 2nd, five planets will be in the 1st house, Mercury, Venus, Mars, Jupiter and Uranus in Aries.

The Sun and the Moon will be in Taurus, the 2nd house of value, expect much energy to be focused on money. (Sun/display of ) (Moon/emotional need of) MONEY.

The outcome will hinge on personal change and an over whelming desire to act out(1st house & Uranus) and a pre-occupation with money as voters suddenly become unpredictable.

With Mercury(communications), Venus(value), Mars(action/ disturbances), Jupiter(abundance), and Uranus(revolution/change/unpredictability) all working in unison on personal freedom and change, expect the result to be, wait for it…Legendary.

Anyhooo Vlad…

Put that in your pipe and giggle.

#42 Patz on 04.28.11 at 10:19 pm

#4 Kurt sez:

Thanks for using the correct term – most people call ‘em “tar sands”. (It’s actually bitumen, but the historical name is “oil sands”)

Historically you’d find out that the names “tar sands” and “oil sands” have been used interchangeably for about 50 years–that is if you’d bothered to look–just Google “oil sands or tar sands,” I’m not going to bother posting the link. Oh, and it didn’t have the pro or con political baggage back in the day. Just saying…

Cracks me up all the folks chuggin an’ wheezing over the possibility that Jack Lenin, er I mean Layton might get in and fook up the economy. Er, it’s not fooked up now? Really? Just wait a bit. Lenin joke aside, I would rather have Layton in charge than either of the other two. One didn’t come back for you, the other won’t go away for you.

#43 Basil Fawlty on 04.28.11 at 10:21 pm

What a bunch of fear mongering nonsense. How could Jack be worse than Harper? Harper is the deficit King, yet Jack is the problem? Has Jack run the CMHC debt load into the stratosphere? No, its the Cons. Does Jack plan billions in private prisons and jet fighters? Corporate taxes are low enough and they still axe jobs. Oh no here comes the monster from under the bed and I’m really scared Mom. Do you think he will burn down my tree fort? He probably will Jr., he is just like that darn Bougie Man

#44 crackpotsmakemyday on 04.28.11 at 10:22 pm

#11 VICTORIA TEA PARTY

LOL

You are well representing “Tory-types”. Please keep it up.

#45 a prairie dawg on 04.28.11 at 10:25 pm

Fear and loathing on the campaign trail…

“Is Stephen Harper a hologram?”

http://ca.news.yahoo.com/is-stephen-harper-a-hologram-.html

#46 TakingResponsibility on 04.28.11 at 10:28 pm

Hey, I’ve heard this post before!!!

OMG, Harper’s new talking points!!!

If you vote NDP, Armaggedon will happen!!!!! Your lights will go out, your car will break down, your Ipad will shatter, your will have no sexual drive, your taxes will go up, your head will explode—

…..PM Harper on rise of NDP

http://www.leaderpost.com/news/decision-canada/Harper+warns+devastation+destruction+gains+control/4689006/story.html

“Conservative leader Stephen Harper has warned that a “band of opponents” led by the NDP would deliver “devastating” hikes in taxes and on consumers’ pocketbooks if they ever take power.”

BWAHAHAHA

Apocalyptic. Armageddon. And, oh then the Saved who go Right. Blah. Blah. Blah.

People are wanting a new narrative.

#47 mid-Ontario on 04.28.11 at 10:30 pm

Jack and Olivia were “greener” when they lived in subsidized housing while both were on Council in TO many moons ago. He had the audacity then to argue that there was nothing wrong with that.

Heaven help this nation if the NDP get any leverage after May 2nd. On the plus side, Harper and his reform idiotic mentality will be gone.

Just imagine some throw in candidate student from Quebec, becoming the Minister of Justice……
well….maybe that is not a good example as that student minister just might not build the super jails so badly needed in Canada by the lock-em-up Harperites.

Harper so clearly demonstrated his lack of judgement on many levels with the bone headed billion dollar (one thousand million!) G20 fiasco. That mess forever changed the former good name of police in this land to quasi-storm troopers armed to the teeth who among other disgusting acts, stooped so low to rip the leg off of a one legged man who happened to be in Queens Park doing absolutely nothing. (the leg was returned 20 hours later). What a farce, what a disgusting display all round of leadership and judgement!

Google G20 Toronto 2010 to see the real Harperite mentality.

Oh yes, house prices start dropping this May no matter what happens Monday!!

#48 Patz on 04.28.11 at 10:34 pm

@ 26 Utopia sez:

It seems utterly incredible that a party that is opposed by more than 70% of all Canadians might actually lead a coalition government in Canada and impose their disgusting tax and spend program against the will of the majority outside Quebec.

As opposed to a party who isn’t wanted by 65% of Canadians. And who tax but don’t spend except on useless overpriced hunks of barely flying metal. Who hire 5 X convicted fraudsters as PM advisors. Oh yeah, steady as she goes, ooops is that a cliff ahead? Damn!

#49 TheFirstRick on 04.28.11 at 10:34 pm

Millions of people in the USofA are adamant that the countries financial problems are the result of Obama. Ideology trumps the facts.

Layton isn’t clever enough to screw up the economy if he even WANTED to. But if business, Bay Street and Conservative ideology decide to do it for him, post election, we can still blame Layton, can’t we!

Try to keep in mind that the largest federal and provincial debts ever created in Canada came under “Conservative” governments and the Conservative “strong faux economies” were created with borrowed money.

This has to stop.

Garth, has this not been your primary message for the last two years? Is your opinion today that a Conservative federal government is better at being fiscally irresponsible?

Being better at bad is not good.

#50 Chaos on 04.28.11 at 10:40 pm

Dear Ayn Rand,

Just so you know, public auto insurance was implemented in B.C. in the early 70’s. It’s been around almost 40 years here.

This year and next year and the year after, our provincial governing Liberal/Recons/ free booting enterprising/Kelly Bundy business sluts are going to rape ICBC’s coffers for a projected 500 million dollars(more if they can get it)(if they can get Bud to stand still for it)

You don’t need to be afraid of democracy…you need to be afraid of born again/ far right/don’t have any woofin’ skills/morally bankrupt politicos. In B.C. those woofers will sleep with anybody to have an opportunity to woof the working man, his family and those he/she cares about.

The sooner people realize that they are just working slaves to the plutocrats and not actually freebooting winner takes all libertarians who thrive in chaos, the better off we’ll all be.

If you’re not a pirate. Get the woof off the boat.

#51 S.B. on 04.28.11 at 10:40 pm

I like talking to americans some times, a remarkable study into the human mind.

The lefties still cry about bush’s win a decade ago, and speak in excited tones about a grand vote stealing conspiracy sweeping their land. But in the next breath they proclaim their system as the “best”, and that every other system is weak, liberalistic, and “doomed to fail”; and that their troops fight never-ending legions of naughty “evildoer” thought-crimers in overseas, in defense of their “freedoms”.

So which is it: USA as a rigged corrupted oil military state, or as a shining becon of godly democracy unleashing moral military hellfire from above?

I wonder which personality/alter will answer my question today. So facinating.

#52 JohnnyBGood on 04.28.11 at 10:43 pm

Jack Layton as PM would be very dangerous. It may just give the US the excuse they need to finally invade Canada and take direct, military control of our resources (oil, water, gold, uranium, etc.) in the name of defending democracy. Of course, before that happens, the Queen might not allow the formation of a government and instead install Kate Middleton as a true, bonafide viceroy.

#53 Jack Layton next PM on 04.28.11 at 10:44 pm

Comrade Garth:

Video is wrong…it’s not a ” green” house..its a house painted green.

How did you bootleg a copy of a video meant for House Whores & Pimps.

PS thanks for saying the old lady is hot…however I am getting a woody over Libby Davies.

#54 WesternGrit on 04.28.11 at 10:49 pm

NDP will be kept in check as the Liberals temper what Jack does on a case-by-case basis. Still, we blog-dogs should be happy since all this simply brings on what Garth’s been talking about a lot sooner. Heck, Garth predicted Harper would have to raise taxes (or “governments”, more correctly). We’re simply seeing reality set in. Harper was running the biggest deficits in Canadian history – while Canadians themselves are accumulating record debt. Consumerism/commercialism run amok. The Liberals were WAY better fiscal managers. Harper also created a structural deficit by cutting GST idiotically to goose home sales, while he really should have cut personal income taxes.

#55 Business friendly environment? Not Canada that is for certain. on 04.28.11 at 10:56 pm

Business friendly environment? You have got to be kidding! We have the most complicated rules and regulations, and the most complicated tax system on the planet. As for new business and future job creation, most home owners in Canada can barely pay their mortgages let alone start a new business. Where does the government think the next generation of entrepreneurs will find funding for start up capital? Sorry Jack, the banks won’t give anyone a paper cup to piss in without collateral. Best of luck to all new entrepreneurs starting out with a HELOC and negative equity. Running a business in this country is a @#$%ing thankless job. I would describe it as being in prison with the Government as a hostile cell mate constantly buggering you. You do your time, tow the line, and maybe with good behaviour the government won’t beat you to a pulp with taxes, duties, audits, inspections, and service charges. In 40 years of running a coporation in this country I have been roled over a barrel more time than I could possibily remember and not once has anyone in the government thanked me for my business or service to this country. If I could find a greater fool tomorrow to buy my successful business I would walk away.

#56 Rich in Calgary on 04.28.11 at 11:01 pm

I suggest that everybody get as much in to their TFSA as they can. Now.

#57 nonplused on 04.28.11 at 11:03 pm

There could be a market reaction to all this, but in theory much of it is already priced in. However, I wouldn’t want to be too long the TSX. If the market is pricing in a Conservative minority but they get an NDP-Liberal coalition, the market won’t crash but it might start a long slog down. Like all market processes, crashes are rare. What should happen often does, but it usually takes a lot longer than you thought it would. Witness the Canadian real estate market. There is no reason why houses should be more expensive in Vancouver than they are in Seattle, but yet they are. Have been for some time. They won’t always be, or at least they shouldn’t be, but they still are. Sooner or later all this Chinese money should discouver Seattle, unless they are coming for our health care. But why would they do that if they are so rich??

#58 Jean on 04.28.11 at 11:06 pm

#22 Eddy,

Go ask Vancouverite to see if they still like the winter Olympics

#59 BC Bring Cash on 04.28.11 at 11:08 pm

A Jack Layton strong showing is still speculation. If it happens I could just imagine how outraged Harper would be. I would not want to be his wife. He is in love with himself…. His vision is for more prisons and of course more inmates to fill them.

#60 Staying in Bed Monday on 04.28.11 at 11:11 pm

I sat and watched those guys
debate each other on TV
politicians, wrestlers
they’re all the same to me
hey, I don’t give a damn
which idiot runs this country…
–Loudon Wainwright

#61 BPOE on 04.28.11 at 11:24 pm

US Dollar is finished. America is finished.
Gold going higher
Interest rates staying the same or going lower
Vancouver is exploding. Every month brings more and more great news. Vancouver has done fabulous and this is during a recession!!!!

Vancouver has emerged out the other side of the dark recession and is on track to have one of the great downtowns of the world, Mayor Gregor Robertson told a packed business luncheon Thursday.

Pointing to a rash of commercial building projects and a dramatic spike in building permits, Robertson said Vancouver is finished with what he called “the gut-wrenching days” of the recession.

In an upbeat speech to the Downtown Vancouver Business Improvement Association, Robertson said many of the brakes businesses put on as the recession began to wash over the city in 2008 have now been released.

“Business is booming, development is cranking up and jobs are flowing into the downtown,” he said.

The city’s boost in building permit values the city records is a good bellwether, he said.

As of last week, more than $460 million in building permits have been taken out in 2011, compared to $220 million in 2009. “We’re back up to pre-recession levels,” he said.

Much of those values are in six stand-alone commercial towers being proposed that will deliver 1.6 million square feet of office space. “That really demonstrates confidence and real hope for business and the economy downtown.”

Robertson didn’t identify all six projects. But in March Telus announced a $750 million development of its property at Georgia and Seymour, including a 22-storey tower for a new head office and a 44-storey mixed residential development.

The city is also advancing on its plans for new commercial facilities around BC Place, although earlier this month it rejected a $500 million plan for an expanded casino.

Robertson said he believes all the proposed development in the downtown will continue to improve the city’s international attractiveness.

“Downtown Vancouver is quickly becoming one of the most thriving, energetic downtowns in all of the world. It will rival the downtowns of New York and London and Paris,” he said.

“We are witnessing a surge of jobs being created downtown and there is no better indication of that the demand for new office space being built downtown.”

Robertson said his administration’s effort to lure clean technology and green businesses to Vancouver had helped make it “the third largest cluster in the world” of such companies.

And he credited the revamped Vancouver Economic Development Commission for much of that success, saying it was in part responsible for more than $300 million in new businesses being lured to Metro Vancouver since the 2010 Winter Olympics.

Read more: http://www.vancouversun.com/business/Downtown+Vancouver+building+boom+emerges+after+recession+mayor/4692683/story.html#ixzz1KshkwdTl

#62 The InvestorsFriend (Shawn Allen) on 04.28.11 at 11:27 pm

I heard a lot of people intend to soil their ballots as a protest, in lieu of “none of the above”.

What is the best substance to rub on the ballot to soil it?

Is this legal?

#63 The InvestorsFriend (Shawn Allen) on 04.28.11 at 11:28 pm

Bring on a lower dollar. I have U.S. investments…

Also our manufacturers and tourist businesses need a lower dollar.

#64 Don on 04.28.11 at 11:29 pm

Doesn’t matter what party you vote for the economy is a self propelled beast, boomers are concerned about retirement and voting NDP – hence Iggy trying to jump on the families bandwagon.

Big oil is worried about clean renewable energy.
Banks fear healthy regulation
Big Business is outsourcing jobs to other countries
Canadian politics is as wacky as BC politics – Federal Conservatives (coalition) and the BC Liberals (coalition) are attached at the waist and in the mix some former federal liberals loyal to Paul Martin.
It is the reign of the narcissists.
Real estate tipping point
Lack of understanding in common sense and logic
AND a coalition is democracies best friend and seems to be the only form of government that offers Checks and Balances.

Just talked to a realtor friend – mostly first time buyers left in the market – smart money has left. Time to pay the piper.

#65 Mr. Reality on 04.28.11 at 11:30 pm

Remember people that voting is a license to complain about your country and its government.

Mr. R.

#66 Don on 04.28.11 at 11:33 pm

oh yah

We have a PM running attack ads, why is he on the defensive?? And running ads like the neocons in the states. Fear Fear Fear.

I fear Canada with HARPER at the helm.

Not IN MY Country!

#67 Not Brainwashed by the SUN on 04.28.11 at 11:34 pm

Are you people Brainwashed by the CORPORATE MEDIA? Jack wats to spend the money ON THE PEOPLE vs Harper buying Jets to kill people in far away lands. Jack is no going to bend over for BIG OIL while Harper is giving all kinds of tax breaks for the RICH OIL COMPANIES while they charge us $1.40 a liter for gas. I understand most of you couldn’t put together an independent though but come on. HARPER MUST Go. ANYONE BUY HARPER .

HARPER = CORPORATE PUPPET

Jack = FOR THE PEOPLE.

I would rather have the money spent on me the working class and not the rich.

#68 Rich Renter on 04.28.11 at 11:35 pm

The orange guy leading the country and all the money in the orange guy’s shorts, i’m lovin it.

#69 Not Brainwashed by the SUN on 04.28.11 at 11:37 pm

Harper = Corporate socialism AKA BAILOUTS to the tune of TENS OF BILLIONS OF DOLLARS.

The people get service cuts. Oh great deal with harper. No money for schools or health care but LOT’s of money for Jets? No money for the people but one billion dollars for a week-end G20 party NO PROBLEM.

HOW BRAINWASHED ARE YOU?????

#70 dd on 04.28.11 at 11:37 pm

And down goes the dollar.
——————————————————–
You are so full of BS and scare tactics is it unbelievable.
Ya the dollar might go down for a while, however, there is the maco view. And commodities and oil are going up. And Canada has those things.

Should I draw you a picture?

Try and block out the noise and focus on the big picture Garth.

#71 Mister Obvious on 04.28.11 at 11:37 pm

#22 eddy

“The City of Toronto ( who was paying Layton’s salary) lost it’s Olympic bid because of Layton and his ‘bread not circuses’ campaign.

In Vancouver, we went for the circus and it ended up costing us quite a lot of bread.

#72 pks on 04.28.11 at 11:38 pm

Garth, you mention cap and trade as if its a self evident truth that it’d be, necessarily a net economic loss.

So, I’m curious what your opinion on CO2/anthropomorphic global warming (AGW) theory/peak oil theory, is?

I mention the 2 because both, if actually “true”, suggest a dramatic shift in our “energy use patterns”. P

Please, fellow blog dogs, let’s not let this turn into culture wars, but Garth, I wonder how much a house in Surrey or delta currently worth $500 grand would be worth if gas were, say, 5 bucks a liter?

This has serious investment consequences.

#73 Don on 04.28.11 at 11:39 pm

Here’s another one.

Outsourcing isn’t always Cheaper, follow the money it is that easy.

#74 Williston Geo on 04.28.11 at 11:39 pm

Am I the only one weirded out by the arms hanging over Olivia’s toilet?

#75 The Phantom on 04.28.11 at 11:40 pm

Hi Garth:

There are many differing opinions this evening and some healthy dialogue on either side. For my part, it doesn’t matter too terribly much who gets elected or forms an alliance with another IOT control the reigns of government. I also rather appreciate the spectre of a minority Parliament as it imposes a greater sense of honesty on the MP’s and their leaders (remember how Free Trade was “simplistic and naive” in 1983 when Myron Baloney was queried on that topic).

As a tax payer a couple of decades away from retirement (or “refirement” depending on my health and inclination when I turn 65) I have no problems paying my taxes. I never have had a problem paying taxes either. Call me foolish but I do espouse some of the principles related to “raising the floor and lowering the ceiling” as a construct in running a stable society.

The only request that I have is that government spend my money wisely…therein lies the point at issue I have as there are times when expenditures have been made that cause me to experience utter surprise and make me wonder “what in the name of Hades were you guys thinking…?”

#34 ref your comment regarding prostitution (otherwise and not political)…

When I ran for MLA in the 1990’s, I was asked about my personal views regarding prostitution. Being that I was running more for the experience than I was to get elected (God forbid that I was ever responsible once elected) I had the liberty to respond with a degree of humour. So I replied that we could literally break the back of prostitution by turning it over to government. In a short period of time, you’d wait forever to get an appointment; you’d pay an inordinately large sum of money and get lousy service (lol)!!! Unfortunately while most of the people present got my weak effort towards being funny, one or two lectured me afterward about my tolerance for immorality…

Anyway, busy day tomorrow so sleep time to the howling wind coming off Lake Ontario and the sound of the Ferry going to Wolfe Island…

the Phantom

#76 Nostradamus Le Mad Vlad on 04.28.11 at 11:41 pm


#179 Timing is Everything on 04.28.11 at 8:20 pm — “Just ignore the rude.”

You’re right, of course. I’m better off bypassing the twits.
*
Silver On the run? 2:31 clip Now the m$m starts telling Americans to turn in their PMs. 1933 all over again?

3:15 clip Another reason for the west’s invasion of Libya, and messing around in other countries under the guise of ‘democracy’ (Hah! That’s funny!). Gas Shortages in Russia.

Iceland That will piss TPTB off. 5:35 clip “Austerity = Making the poor pay for the crimes of the rich = Class warfare. Note that Mark agrees with me that as ordinary citizens try to reduce debt, the government has to increase it or the debt-based financial system (The Federal Reserve) collapses.” wrh.com.

India Decided to go with European fighter jets.

Stocking Up Preparation is necessary for the basics at home, such as this — Tornado Alley Mile wide.

Honeybees Sure are smart critters, plus A Great Nothing “Now crabs, whales and other sea life are being found gathering in masse in Antarctica.” ‘Owzabout a major ‘quake down the SAF?

Soros Just as Obama was bankrolled by Soros, it appears Donald Trump is as well.

Toxic Treasury Waste “The creation of monetary inflation will last at least two more years.” — Note the first two words — “The creation . . .” Will TPTB have a couple of short wars, a few royal weddings and lotsa distractions first? Cheney He has got what he wanted. Now the rising volume of war can be turned up a few decibels.

#77 eltabarnacos on 04.28.11 at 11:46 pm

Funny how a chinese is telling us canadians

DELETED.

#78 Kim on 04.28.11 at 11:54 pm

Can someone tell me how Harper paid for the Tens of Billions in Bailouts?

Can someone tell me how Harper paid for the jets we don’t need?

Can someone tell me where Harper got one billion dollars to spend on a G20 weekend party?

Did Harper BORROW all that money?

I wouldn’t want to tax oil companies who charge me $1.40 a liter for gas. Harper is the man who gives tax breaks to billion dollar companies……But no money for the working class?

Go read the SUN shine of lies and corporate propaganda to tell you what to think. Most of you regurgitate what the media tells you to think. It’s scary how so many of you just repeat the corporate line. The worst part is many of you don’t even know you’ve been brainwashed.

#79 Anon 11 on 04.28.11 at 11:57 pm

Garth yesterday you said the following on your blog.

“There will not be an Armageddon which blows financial markets apart. That’s doomer fiction. There won’t be a crash putting a quarter of all Canadian homeowners under water or dropping houses in some cities by 56% – as in the US. That’s extremist.”

I would have to respectfully disagree with that statement

As there is not a lot of difference in the total debt levels between the USA and Canada (relatively speaking), I can’t see how our housing market can avoid the same fate as what’s currently happening in the USA.

The total Government (Federal, Provincial, and Municipal) business and household debt in Canada is 4.51 trillion$, and it went up an eye-popping 248 billion$ over the last 12 months. To put things into perspective the (Canadian) Federal Government`s program spending in the year 2010 was 245 billion$

The total Government (Federal, State, and Local), business, and household debt in the United States is 52.6 trillion$

Since the United States`s population and gdp are approximately 10 times higher than Canada`s, there is not a lot of difference in the total debt numbers in the USA (52.6 trillion$) and the total debt numbers in Canada (4.51 trillion$), relatively speaking.

The total Government (Federal, Provincial, and Municipal) business and household debt to nominal gdp in Canada is 278%

In the year 2010 the total Government (Federal, Provincial, and Municipal) business and household debt in Canada grew 2.46 times faster than its nominal gdp (economy) did.

#80 Thetruth on 04.29.11 at 12:02 am

If you are under 40 ….

A vote for the NDP will mean higher social spending on pensions and medicare. Means higher taxes for you for at least the next 27 years. Your taxes will provide boomers with these free amenities while you pay your mortgage off in the next 30 years. Oh, the boomers have their homes paid off (most bought before the boom),but we won’t factor this wealth into the equation.

Boomers should pay for their own amenities. Tax their wealth and stop taxing the younger generation…

Do you really want to vote NDP?

#81 casanova on 04.29.11 at 12:12 am

Now, if really Layton caused the miss of olympic games for Toronto he must be a great leader. Look at what the olympics brought to vancouver? A legacy of debt and waste. I applaud Layton for this.

#82 Increasing that 1% on 04.29.11 at 12:15 am

Starting to understand why you’re not a guest on the SunNN

Wow, they were really hammering Jack Layton any way they could….while they say they always tell both sides of every story. Well, there’s still a couple of days left for them to do a similar bio of Harper.
Where’s the attacks on Elizabeth May, I hear some young people are voting for ‘her’. Guess it’s not showing on the polls enough, hey…hey VTP and U

ewwww Garth, I’d love to see who you’re going to vote for–and, is your wife gonna cancel out your vote
Does she just ignore you about anything to do with this blog, and just leave it to you, like a pet thing she won’t even try to get you away from

Well, that Wedding-show-thingy is coming on soon, better not miss it, you know we all need that distraction–ohps- and tax deadline-don’t forget!

#83 Cato on 04.29.11 at 12:17 am

Exporters will continue feeling pain, Canada will be a political circus but pales in comparison to the gong show going on in the US. If Jack kings himself guaranteed we’ll follow US in its inflationary spiral. A weakened currency won’t be enough to protect jobs but will give consumer a serious bite of inflation and crippling rise in cost of living.

I say let the NDP have a go. The resulting calamity will be burned so deeply into the collective psyche that the mere mention of progressivism has populace forming lynch parties.

Gold sailing past $1500 , silver kissing $50 – the market is sending a message to be ignored at ones peril. The gold market isn’t being driven by hillbillies buying something shiny to hide under the mattress and wait out the apocalypse. The players now driving the PM market are central banks, sovereign wealth funds, large pensions & endowments – aka the smart money. Quietly tip toeing for the fiat door, all of them losing faith in western government. We are about to be severely tested at a time when cronyism has severely infected the political process.

What is most worrisome is no party has leadership material forming in the ranks – the rot starts at the top.

Harper is a dangerous political animal, in another life he would have been a tyrant. Conservatism has been somehow twisted into authoritarianism. The rights violations that occurred during the G20 should serve as a WTF moment for every Canadian.

Iggy is his own worst enemy but at least put his musings to paper. Too bad few liberal candidates have bothered cracking one of his books. His vision of utopia is the epitome of the welfare/warfare state. He’s an american neo-con of the worst kind, how the liberal party assumed Canadians would accept the guy as PM beggars belief.

Jack, another rebel without a cause turned career politician suckling at the public teat. Never having an opportunity to work as a productive member of society brings a dangerous lack of perspective. The greater danger are the legions of unqualified candidates swept into the party who now unexpectedly will face responsibility of holding public office.

At this point it doesn’t really matter who wins the race, but its going to be fun to watch the aftermath from the cheap seats.

#84 Don on 04.29.11 at 12:43 am

Is this true – comes from a reliable source…

Biggest Free Trade Deal Since NAFTA, Ghost Issue of 2011 Election

http://thetyee.ca/News/2011/04/28/TradeDealGhostIssue/

#85 obama's certificate of live birth has 50 layers in abobe illustrator on 04.29.11 at 12:51 am

oh, the hubris…

some dinglenut at the white house forget to “flatten” the .pdf image before it was released for “public” consumption.

download it officially, open it in illustrator, and see for yourself.

here’s a 3-min local news clip from CO exposing the insanity with an experienced graphic artist:

http://www.kjct8.com/video/27711458/index.html

heavily doctored forgery.

real scanned documents have but one layer.

le sigh.

wherefore art thou president obama?

#86 NorthOf49 on 04.29.11 at 1:00 am

No jets??? I’m all for that, $30Billion buys a lot of solar panels. And after nature’s blow storm today, we’d better start buying em soon. I find it hard to believe that we don’t have a climate problem. Never seen weather like when I was a kid.

Bring on the big Dipper!!!

#87 Michelle on 04.29.11 at 1:18 am

OMG! Olivia Chow is so cute! I think I finally know who I’m going to vote for on Monday.

I love her funky “hand-made” looking sweater. It reminds me of a neighbour I had up in Baysville, who used to shear her own sheep and spin the yarn into wool to knit with. We gave her a wooden spinning wheel that my dad found in an old farmhouse in Quebec, and we got a beautiful itchy blanket in return (I’m allergic to wool).

I wonder if this is the dawning of the “Age of Aquarius”?

#88 wes_coast on 04.29.11 at 1:30 am

Only in Canada would we pride ourselves on having an economy that is the envy of the world built buy fiscal conservatives (that includes Paul Martin) and piss it away with a tax and spend socialist. My fellow Canadians, we don’t need a government to step in and save us by taking our money and spending it for us. We’ve proven how competitive and efficient and prosperous we are when goverment backs off and allows us to unleash a creativity that is the envy of the world. I emplore you all to not shackle Canadian ingenuity – which is exactly what electing a tax and spend goverment (read NDP) would do.

#89 Jimbo on 04.29.11 at 1:40 am

#16 Tim… “Exxon made 11 billion in profit this quarter. Does the Government really need to give more breaks to this industry?”

$10.7 billion profit on total revenue of $114 billion, which is a 0.094 profit margin. So you would be outraged if a corner store that sold $1000 worth of merchandise made a $94 profit?

#90 Gary in Alberta on 04.29.11 at 1:41 am

Great post once again Garth, thanks.

No matter who wins the election, the Canadian Economy is already fundamentally screwed and there probably is no going back.

A great read at http://cnews.canoe.ca/CNEWS/Canada/2011/04/26/pf-18067236.html shows that Canadians already spend more on taxes than on food, clothing and shelter combined.

It ain’t just the Feds, it is all levels of government and every form of bureaucracy and unless there is a New Canadian type Magna Carta, its just a matter of time till the whole thing totally implodes in the face of everybody.

Although this isn’t a gold blog, i have nonetheless just bought and continue to buy gold and silver and cash out of this Ponzi scheme. So far that has been the best and most effective way of voting and wherever the price goes it doesn’t really matter as i plan on leaving the stuff to my kids.

I think that the way things are i definitely wouldn’t be borrowing to take on risk to “invest” in these paper markets or anything else for that matter. Feels way too much like trying to pick up nickels in front of a steamroller.

#91 hobbygirl on 04.29.11 at 1:44 am

Why is everyone so scared to try something new? The great thing about our democracy is if we don’t like the outcome we can do another election. No one said democracy was cheap. How many Canadians out there are obese and need to get out there and walk to their polling station anyways? The lefties are doing our health care system a favour by proactively having us get out there to voice our will.

If Tommy Douglas was never elected we’d still be paying our medical bills with a credit card; that and rural farmers would still be living without hydro. He acted for what the people NEEDED, not wanted.

Governance should be acting in the peoples’ best interests. I haven’t seen corporations (yet) being placed on the voters’ lists, and until that day happens let free enterprise privatize their problems as they have their profits. Canada has a wealth or resources everyone wants a piece of, we need to stop giving it away for free and stand up to the corporate bully that keeps chipping away at our low self-esteem and threatens to take away our lunch money.

Steve-o is now telling us we can’t afford to undertake measures to care for our environment, basically profit trumps the health of its citizens. So nice to hear he has his priorities set straight.

In retrospect, people also bitch about the Rae-days of the 1990’s. Better a Rae day and still keep your job long term than lose it completely as other less labour-friendly administrations would surely have done.

Nothing ventured, nothing gained. I’m willing to try something new and welcome any leader willing to listen and work towards solutions.

#92 TheBigLebowski on 04.29.11 at 1:50 am

“In our risk scenario, little progress on the fiscal front raises the probability of a fiscal crisis and the odds that the Fed becomes the buyer of the last resort,” said David Woo, currency strategist for Bank of America Merrill Lynch, in a note to clients today. “This would accelerate the process of the U.S. dollar’s demise as the global reserve currency and cause it to decline in a disorderly manner.”
Garth, are you still touting the idea of sell Canadian real estate and buy America ? In the last 6 months alone you would have lost 10% on a real estate purchase in the States just due to currency appreciation. And thats not even factoring in the additional 10% drop in house values down south.

Prices declined 3.3% in the past 12 months, not 10% in six months. As I said often, this is an excellent long-term opportunity. — Garth

#93 Bob on 04.29.11 at 2:13 am

squidly77 said;
“Yup, I’ll be sucking on a six pack when the results begin to roll in Monday night. It’s almost unbelievable what could happen.”

Dan, I’ve known you for so long by now. You won’t wait until Monday night to drink. You drink everyday. Please stop kidding yourself.

#94 Silverjuice on 04.29.11 at 2:19 am

As a long time Liberal supporter, I felt I had a clear choice between the Liberals and the Conservatives. Now, one would think they are one and the same Party and I am happy to say that the Canadian voters are a smart bunch and have come to the same conclusion. The American left right paradigm has been in effect here since Mr Chretien left office. l will be voting NDP this coming monday because the once great Liberal Party has been led astray by a leader with a dubious agenda. I think it’s time Canada has an official opposition party once again and I think it’s time we Canadians give Jack layton that job. I say better Layton than never…

#95 ken on 04.29.11 at 2:53 am

The government of Canada is definetly a collection agency for the rothschilds,even the ndp has been infiltrated by some masonic influence in the last few years.Harper might have reduced government size by insignificant levels but he was about to establish a prison-system economy like the states,and no one seems to talk about his fanatical religious extremism.Harper believes that the earth was created in seven days,Canada would become a theocracy like Iran…doesn`t that bother anyone that their children might be thought that the darwin theory is bullshit.Ok now to build another economy,we need to switch to hemp like yesterday,hemp is the solution to take power from the elite and give it to the masses.Corporation`s are scarred shitless about hemp because with hemp you can make pretty much everything that oil does,over 25 000 industrial puposes plus it`s the cure for cancer(burn in hell pharmaceutics)plus it`s the plant that has the best levels of omega-3 and protein.Check out pheonixtears.ca,a site made by Rick Simpson from amherst nova-scotia.He cured over 1000 cases of cancer with home made cannabis oil.So we don`t need corporation`s to save us…let`s save ourselves…join the free man on the land movement and set yourself free. P.S.You can either thrust the intelligence and good intentions of your government or gold…

#96 Aussie Roy on 04.29.11 at 4:20 am

Aussie Update

The big spruik exposed, or, How RE agents pose as buyers for MSM articles promoting housing.

Anything happening in Canada like this?.

The Real Estate industry do not have to conform with the Australian Financial Services Licencing Act. I find this a bizarre legal exception, most especially because the housing market represents $4 trillion of national wealth versus $1.2 trillion in shares and roughly $1.2 trillion in various forms of deposits.

So while your local bank teller has to provide prudent financial disclosure for simply trying to inform you that you might be better off with a 6.5% term deposit over your standard bank account, your local real estate agent can spruik to his or her hearts content about the virtues of the “never declining” housing market with impunity, while pretending they are a buyer.

http://macrobusiness.com.au/2011/04/the-big-spruik/

#97 Tim on 04.29.11 at 4:23 am

Thanks for the video, I almost voted for those green peace hippie NDPs.

#98 Linda Pearson on 04.29.11 at 4:45 am

#22 eddy on 04.28.11 at 9:24 pm

You’re not voting? Then, shut the hell up. You’ve got nothing to say that any responsible Canadian wants to hear.

#99 Herb on 04.29.11 at 6:19 am

With the choice apparently limited to the plague (Harper’s CPC) or cholera (current LPC), I’ll take a chance on measles – anybody else, i.e., NDP.

To answers #17’s question

Who is falling for this used car salesman and his junk economics?

why, potentially anyone who fell for the last used car salesman and his junk economics.

Remember the different way of doing politics (sure), and there will be no recession (until the day after the election)?

#100 House on 04.29.11 at 6:43 am

At least The Little Dictator will be gone!

#101 Victor on 04.29.11 at 7:06 am

If you’re behind on your mortgage, don’t worry the main stream media is beginning to post regular tips on how to get caught up. Here is the latest doozie…you can actually use your kitchen oven to pay your mortgage! Ha!

http://ca.finance.yahoo.com/news/5-creative-ways-pay-mortgage-investopediawp-82177063.html?&mod=pf-sp14b

#102 pixelwhiplash on 04.29.11 at 7:17 am

The political myopia on display here is breathtaking.

#103 Evangeline on 04.29.11 at 7:19 am

((The players now driving the PM market are central banks, sovereign wealth funds, large pensions & endowments – aka the smart money.))

or maybe the “smart” money is playing pump and dump?

what would happen to the price of gold and smaller players if the big players decided to dump their gold and take their profits?

#104 poorbuffalorancher on 04.29.11 at 7:33 am

Nice to see our tax dollars at work on Jack and Olivia”s house.

The average canadian cannot even think of investing what it cost to “green” their house…but I guess a double MP salary isnt your average income in canada.

#105 Sail1 on 04.29.11 at 7:33 am

We need an option on our ballots for none of the above.

We have no recourse for individuals who are
disenchanted with anything the main stream parties are offering. Layton’s current rise in popularity if it lasts is attributed to the mind set of, what I do with my vote. The vote is used to send the Liberals and Conservatives a message. What are our options will I spoil my vote? No. Will I vote? The idea of not going has crept up more and more the past few years but I always do. Maybe sending Jack will be a wake up call.

It can be seen very clearly by the dissection of the vote in the last federal election, we have to adjust to living with minority governments, bad or good.

#106 McSteve on 04.29.11 at 7:41 am

Liberals perfected the art of arrogance, pork-barrelling and “father-knows-best” politics. The Conservatives took their lead from the Grits and turned it into a science.

I secretly hope for a weak Tory minority with a wacky NDP official opposition. It might be the wake-up call the Liberals and Conservatives need to get decent leaders and return to civility with a focus on actually running the country.

#107 Incubus on 04.29.11 at 7:42 am

I wonder why you give so much importance to Jack. The Liberals would not submit to the NDP to form a coalition. They would instead support the conservative to avoid economic chaos. A coalition Liberal-NDP would sign the end of liberal party.

In Quebec, the NDP is the alternative to the Liberals even though they do not know the agenda of the NDP. Much of Quebecers are tired of the Block.

They do not want to vote Liberal because of all the blows they have done (eg sabotage of the Meech Lake Accord) and the fear campaign against the Conservatives in Quebec is working very well.

I vote Conservative

#108 Oh! Canada on 04.29.11 at 7:43 am

Whooda-thunk-it!

Quebec will be responsible for uniting Canada.

The dawn of a new (and yet old) political landscape in our fair land; reverting decidedly to the left, as it becomes obvious that the the Grits and the Dips must now make honest their unholy alliance, by officially conjoining themselves.

How do you do Prime Minister Layton.

Much as Harper took power by amalgamating three smallish clans some six years ago, so now must the two large, somewhat like-minded parties sub-sume power.

Hey, Harper started it. All’s fair now.

Perhaps the sun may shine once again on our beloved country.

Oh! Canada.

#109 S.B. on 04.29.11 at 7:45 am

This is not an election, it’s a game of russian roulette. What is it, five times now in five years they have pulled the election trigger until the correct outcome is achieved?

Correct outcome means electing a globalist and tearing down our soverienty and borders in the name of ultra low-priced goods and labour trade-zones. Bang. They’ve won.

People overseas are not rioting so they can mark a paper/make a hanging chad every few years with a non-choice in a two-party system (I have several co- workers from Egypt who tell me this), they are rioting because the CIA is paying a few groups to, and because there is no jobs, food, etc.
Anyone can become president or VP in the USA! As long as you are a Bush or a Cheney. USA has suffered under decades of their rule: Bush Sr CIA director, Bush SR Prez, Clinton Prez, Bush Jr Prez, Hillery VP. Non stop chain of events!
This is what they fight for? Give me a break.

It’s funny, neither CNN “America’s Most Trusrted News Source” nor FOX (Fair and Balanced!) mention the stolen Bush Jr election. Yet americans watch this propaganda every day and treat it as truth! They welcome this nonsense into their living rooms. Stock up on duct tape and plastic sheeting? Yessir Mr. TV.
Duck and Cover? A-ok!
See what I meam about americans being a facinating psychological study? Stockholm Syndrome at play here.

#110 maxx on 04.29.11 at 8:03 am

#13 Boombust- bulls eye!

#111 DARLENE on 04.29.11 at 8:09 am

I thought I would post this for all the fiscally conservative posters on this blog. There is an other option then blue or orange.

http://www2.macleans.ca/2011/04/28/a-price-must-be-paid-but-by-whom/

#112 eddy on 04.29.11 at 8:11 am

I’m not voting becasue all candidates are in the globalist pocket. The British Empire is power behind ‘globalization’ I would vote for a party that favors separation from the British Empire. I like some of Adrian Salubuchi’s ideas-

http://www.youtube.com/user/arsalbuchi#p/u/8/Gb039VYTnUI

#113 maxx on 04.29.11 at 8:14 am

#33 LJ- Next time you gas up, ask yourself who benefits from the golden eggs.

#114 torontorocks on 04.29.11 at 8:15 am

Jack Layton and Olivia Chow used to indulge in their subsidized housing along the Esplanada area of Toronto. This is typical Toronto douchiness – the same way Now magazine will run a campaign continually bashing Rob Ford b/c they didn’t get their guy/girl in power (while running prostitute ads in the back of their rag) – they overlook that Layton is exactly the same scum as those he calls scum. Iggy is a goof, we know that. Harper is just creepy. But the fact that every time I’m gonna see Jack Chow on TV, right behind him, just below his shoulder, I’m gonna see Olivia Chow and her big, smiling apple-pie face, and Jack dressed up as Emperor Qin Shi Huang on Chinese New Years, promising the poor old boomers that their pensions aren’t going to be destroyed, continuing the austerity programs b/c after all, some douchebag living in trinity bellwoods CAN’T lose their house, chicken farm, compost toilet IN the CITY, can they?

Its all a joke at the end of the day. Bring on Layton, bring on the Rae Days, bring on the recession. We can all eat sugar-coated turds for breakfast after him and his OCAP crew end up driving everyone out of town.

#115 LSC on 04.29.11 at 8:18 am

If Monday’s election results should negatively effect the CAD, we could see $1.50 a litre by Victoria weekend. The exchange usd/cad is one of the only things keeping price down. How do you think that will impact the average home owner?

#116 Kris on 04.29.11 at 8:22 am

That is actually a great video, nice to see they don’t live in a giant mansion!

#117 Fuzzy on 04.29.11 at 8:27 am

Poor over-indebted, over-leveraged businesses!!! Those poor, poor people who ignored conventional wisdom and put themselves in huge risk …

Cry me an effin river. One way or another interest rates were not going stay at record low levels forever.

#118 bromance on 04.29.11 at 8:30 am

Linda Pearson,

More bilge. Why can’t someone who doesn’t vote complain? What if you think none of the candidates deserve your vote? I couldn’t bring myself to vote for either Obama or McCain. So in order to say anything I have to trundle down to the polls and vote for Nader? What nonsense. See George Carlin on why the non voters are the only ones who should be able to complain. You are a ridiculous fascist.

#119 not 1st on 04.29.11 at 8:36 am

I am not on board with giving corporations a free ride either ala U.S.A, but voting socialism is like shooting yourself in the face. Its for people who don’t have the guts or the balls to step out on their own and make it, so they want a cut of someone else’s risk and effort while still having the gov’t tuck them in at night. NDP is for poor people without ambition as far as I am concerned.

#120 Mythbuster on 04.29.11 at 8:38 am

re yesterday’s #69

“(1) Rates will likely rise 1% per year, but so will yields. And interest costs are 100% deductible. (2) Mitigating risk is why you want a balanced portfolio with built-in negative correlation. (3) Grow a set. — Garth”
====================================
I did my homework and have an investment method that generates upwards of 50% return a year. The developin g and using this system came with a ‘big set’ attached… :)

Garth: Don’t presume unfounded ‘liabilities’ … :)

#121 sj on 04.29.11 at 8:39 am

#91 hobbygirl

We tried NDP in Ontario and BC also did, unfortunately they were all Yugos!

#122 Tom from Mississauga on 04.29.11 at 8:40 am

Best defense. US stocks!

#123 Who's the Greater Fool? on 04.29.11 at 8:41 am

Vote Libertarian! ;-)

#124 Robert Dudek on 04.29.11 at 8:59 am

The Canadian motto was once: peace, order and good government.

Well we still have one, or possibly two of those things.

Canada is not the envy of the world (stop living in closet and travel the world). We are well respected – mainly because we have peace, order and NATURAL RESOURCES.

With those three, it would take a monumental screw-up of a Prime Minister to make a dent in our relative prosperity (though Harper has been doing his best in that regard).

To Ayn Randian libertards – Harper is as much big government as Jack is. Except that for Harper big government equals big spending on the military, prisons and assorted corporate welfare. Jack would spend more on things that people actually need – like schools, roads, or helping to jump start a green energy revolution (we are miles behind the Europeans in this regard).

#125 NDP Convert on 04.29.11 at 9:03 am

Being an aging baby boomer with no kids, I’m voting for Happy Jack! I want all you young bucks to pay big bucks for the rest of your lives so that I can get a hip replacement, free medical and double my pension.

I really don’t give a crap if there’s nothing left for you.

#126 Cash is King on 04.29.11 at 9:05 am

Olivia Chow’s Hot??? The Green Party has a fix for that

#127 Robert Dudek on 04.29.11 at 9:05 am

“The average canadian cannot even think of investing what it cost to “green” their house…but I guess a double MP salary isnt your average income in canada.”

In which country is a double MP salary NOT above the average income?

#128 Nemesis on 04.29.11 at 9:06 am

“Is Kate Middleton hot?”… Hon GT

RegalTotty doesn’t come any Hotter, GT!

&Just imagine their daughters! – Drats! I’m a commoner – and WAY too old…

On the BrightSide – if Jacko et al form our next government, perhaps we could dispense with the political anachronisms of ImperialBritain; rewrite the constitution (I know, ‘again’) – a SureWinSlapShot! way to unify the country & bring LaBelleProvence ‘onBoard’ the MapleSyrupRepublic’s AilingFederalProject – and go for TheCrownJewels of StateHood by appointing Celine Dionne as our first Head ‘O State!

I can see it now… Celine ‘KickinYankeeButt’ with a TearRenderingRendition of ‘O Canada’ in the StanleyCup PlayOffs! It would almost compensate for our single greatest national disgrace – no longer manufacturing HockeySticks ‘InCountry’. Brigands!

#129 Kurt on 04.29.11 at 9:10 am

#42 Patz

If I’d bothered to look:

“The Canadian Northern Oil Sand Product Ltd. later known as the Abasand Oils Ltd. started producing oil in the Horse River valley in September 1936 (OSDC website 2007a).”

http://www.ramp-alberta.org/people/communities/abasand.aspx

I guess it depends on whether you ask the people who produce it or the people who just talk about it, but I’ll suggest that it’s a bad idea to sport an attitude if you don’t have the chops to back it up.

#130 Live Under Your Means on 04.29.11 at 9:12 am

45 & 46

Loved both of your posts. I know we won’t be voting for this contemptuous, lying, fear mongering leader. In my riding the cons have basically zero chance of getting in. In my sis’ riding, she & a bro who lives with my BIL will be cancelling his vote for the cons and he knows that. Eons ago my parents did the same.

#131 Utopia on 04.29.11 at 9:15 am

#48 Patz wrote to Utopia….

“As opposed to a party who isn’t wanted by 65% of Canadians. And who tax but don’t spend except on useless overpriced hunks of barely flying metal”
———————————————————-

Another genius. Gee Patz, since when does ANY government not tax? On the issue of the F35s you might also ask yourself how much has actually been spent to date on that program and when that spending will take place…

You, like others seem to have aligned yourselves into the camp that would defeat a government on one or two minor conflict issues while ignoring all the evidence of good governance.

For people like you, there is usually a rumour or gossip thread that leads you to switch sides and end your loyalty to a party.

Need I remind you that every government is vulnerable to criticism on such points. Layton is no exception. He has not yet returned to the house and there are already doubts about the competency of his team and their commitment to Canada as some of them holiday during an election.

This kind of simple-minded rhetoric that is used as a complaint against any government and a reason to defeat them is just circus and distraction style politics.

Like those who blame the Conservatives for “destroying” the surplus created by a Liberal government. Hogwash of course.

How conveniently they forget that Stimulus was brought in and voted on by all parties. How foolish they are to forget that there were joint consultations amongst ALL the house and that this took place during a time when a minority was in power.

Some of you would actually have us believe the Conservatives rammed stimulus down our throats which is a patent nonsense. I encourage you all to go back to the notes and to Hansards and see for yourselves that your party voted overwhelmingly in favour of these policies and programs.

Democracy is great but often ruined when you give the vote to ignorant people who cannot grasp even the easy concepts of how the system works. You might brush up on your history Patz.

It will help you make a more informed decision.

#132 Spiltbongwater on 04.29.11 at 9:18 am

I don’t like Kate Middletons pointy elbows. She is a 7.5 at best. And Jack couldn’t do any worse then the other jackass politicians, so am going to vote NDP on Monday.

#133 Timing is Everything on 04.29.11 at 9:24 am

Meet ‘the new world’, same as the old world.

We’ll [our family] just do what we’ve always done. Adapt. The rest of you can do whatever the hell you want. We are ready…no matter what comes Tuesday.

Adapt or die. Figuratively and quite possibly literally.

Regards, from Bunker-West.

P.S. Boo!

#134 April Showers on 04.29.11 at 9:42 am

S.B., that’s right, blame Americans for OUR problems that WE created. That’s what we always do, right? I mean, we’ve never really HAD to take any responsibility. We get into trouble by our own hands and we just say, “Hey, look at our neighbours to the South!” This is the behavior we are KNOWN for, and I despise it. It is embarrassing and giving us a bad reputation. Even my Australian friends refer to Canadians as “the younger, uglier sister in a family of seven who screams to get noticed.” Sure they’re saying it in good fun, but there is an underlying belief that it is true when they say it.

Americans aren’t banging on our doors to get in. Its the other way around. We’re OBSESSED with them from their government, entertainment, history, current events and so on. All of our top talent from entertainment to medical to technology leaves to go their direction. We created our own financial shit storm which will bring on us a tonne of unwanted and tragic consequences. We allowed the Chinese to come in for little more than cash down (almost all of it being dirty money), not even caring whether or not they truly wanted to be HERE. Oh, but that is the U.S. fault, right? We cannot afford to pay to counter all the gang violence and guns pouring into our country, especially BC, from China. But that is the U.S. fault, right? We’re getting fatter and fatter in our adults and children. But that’s the U.S. fault right?

Puuuuuh-leeeeeeeease. Spare the the bullshit and anger for someone who would believe such nonsense and stupidity. Its time we take a stand and bare the responsibility for our own actions. Go ahead and hate Americans all you like, S.B. Your true colors and ignorance just shown through to all the readers.

By the way, you should learn how to spell. Every time we are subjected to reading one of your posts, it hurts my eyes. You also appear to have a spelling issue, which does not speak well for our educational system either (even though it is pretty damn good). It is spelled “they’re,” not “there’re.”

The greatest threat to our freedom is our own people not taking responsibility, not Americans. Until you accept some responsibility, you’re only making us more susceptible to future declines. Maybe this is why Americans find Canadians so obnoxious, annoying, naive, and child-like in behavior. Because they do feel that way about us. I’ve lived stateside before, and they “like” us okay but find us to be misinformed and naive on many levels. Damn, it really used to piss me off. They don’t even feel its worth their time to counteract our thoughts and feelings about them because they think “you can’t fix stupid.” Now that I’m living back home, and as long as people like you don’t take a little responsibility, Americans have a valid point.

S.B. why don’t you bugger off and grow up.

*********************************************

S.B. said:
“Funny, most of my co-workers (uni eduated, financial industry, some having lived in italy, japan, germany) are also “anti american”.

Paranoid delusional! There’re all out to get me, they’re all anti americans! Ahhhh!
Every single last one of them. See I told you this kind of talk emboldens “Our Enemies” (the anti americans), we need to ramp up military spending (more than every other G8 counry combined) and go “over there” to “get them” (the anti americans thinking naughty thoughts).

Yes, Canada’s social, financial, and moral decay is also on the decline. Look who our neighbo(u)r is. You lie with dogs, you get fleas. The greatest threat to our freedoms come from attacks by China, USA or Russia.
Though, in recent times only one of these has invaded and dropped WMD onto a dozen countries. An inconvenient truth.”

#135 doctore on 04.29.11 at 9:44 am

Now even variable rate holders are under pressure no longer are you going to get prime – 0.80.

http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2011/04/variable-rate-discounts-under-pressure.html

#136 househunter on 04.29.11 at 9:56 am

Layton …. what a suprise. I’m not into politics at all and I assumed the Cons would get a majority this time cause Iggy’s …. well, Iggy. But this Orange tide is so interesting to see. Its making politics fun to be part of for the lay person that I am. I’ve voted Lib in the past but we need to offset some of the bunk from Harper. Jets? Look at the child poverty numbers in this … the greatest country in the World to live in and tell me we need jets.

Rates:
——-
Rates prob will go up but its not going to happen for a while. Real drags on the economy from the US and the CAN$ is impacting manuf. The house hornyness will continue for a while yet. Don’t sweat it. It is what it is.

#137 Utopia on 04.29.11 at 9:57 am

#67 Not Brainwashed by the Sun quipped..

Are you people Brainwashed by the CORPORATE MEDIA?

Jack FOR THE PEOPLE.
———————————————————

I think you got that almost right. Here, let me rephrase your comment a bit……”the people get jack(all)”. Enjoy your NDP pal.

#138 Mikey on 04.29.11 at 10:01 am

#131 Utopia, your arguments actually detracts from the ruling party, because the stewardship of the economy which is touted as their doing and a key reason for voting for them is actually a joint effort by “all” parties then. Not their doing so how can they take the praise…especially with today’s GDP numbers.

I would be careful about describing the people who do subscribe to your political leaning as “ignorant”. Who can deem who is or is not ignorant? The next thing is the ignorant needs to be reformed, barred from voting or educated in a camp. This is dangerous territory….very dangerous and is not democracy.

#139 Utopia on 04.29.11 at 10:04 am

#76 Nostradamus Le Mad Vlad

“You’re right, of course. I’m better off bypassing the twits”
——————————————————–

Don’t push your luck Nosty. I have plenty to say.

#140 GregW, Oakville on 04.29.11 at 10:06 am

Hi #10 Nostradamus, Thanks for that last link about safety of GMO foods, the most!!
Some others are interesting to.

#141 BrianT on 04.29.11 at 10:07 am

#83Cato-Overall, the “smart money” as you term these followers hasn’t even started to enter the PM game. When it does, it will be nearing the end of the run.

#142 Daisy Mae on 04.29.11 at 10:08 am

47- Mid-Ontario

“Heaven help this nation if the NDP get any leverage after May 2nd. On the plus side, Harper and his reform idiotic mentality will be gone.”

Well, I’m disgusted with the Liberals and their choice of leader. None of this would be an issue if that party hadn’t let us down….again!

#143 from Russia with love on 04.29.11 at 10:11 am

Kris @ #116 wrote “…nice to see they don’t live in a giant mansion!”
HA.HA. That’s the trick that helps populists to get on top. An example? Boris Elzin. Before he became president, used to use a street car. Stalin, BTW, also loved modest and abstemious lifestyle. So attractive, isn’t it?
The tip of the day, if ‘they’ don’t have granite countertops, it doesn’t mean that you have to vote for ‘them’.

#144 rosie on 04.29.11 at 10:15 am

Everyone has the right to vote for whoever they wish. However, everyone has the responsibility to mark their ballot after they have informed themselves of the candidates policies and party platform.

#145 Lead Paint on 04.29.11 at 10:28 am

#131 Utopia

There are many reasons to dislike the conservatives. Disregard for the environment, dismissal of government officers who disagree with Harper, refusal to disclose costs of the massive prison build-up, tarnishing our international reputation and a general disregard for reason and evidence-based policy, to name a few.

Everyone who does not agree with you does not need to read more or learn more.

#146 Utopia on 04.29.11 at 10:30 am

#80 Thetruth

A vote for the NDP will mean higher social spending on pensions and Medicare. Means higher taxes for you for at least the next 27 years. Your taxes will provide Boomer’s with…free amenities.

Boomer’s should pay for their own amenities. Tax their wealth and stop taxing the younger generation…

Do you really want to vote NDP?
——————————————————-

Ya Git It, TheTruth!!!

Jack Layton and the NDP are really just a Boomer’s party.

They will tax away your wealth to support the most entitled generation this nation ever knew. They are not a political party for Canada’s youth or those who work daily and pay taxes.

Get the word out quick before it is too late. This is a dirty trick that young people in this country are swayed by this idea of “Orange change” but will only end up burdened with massive tax increases in the end.

Get on Facebook….get out on Twitter. Warn your friends before it is too late. There is only one responsible political party in Canada that is telling the Boomer’s “No” to a whole lot of free money and entitlements.

It is the Conservatives.

#147 GregW, Oakville on 04.29.11 at 10:33 am

Hi #76 Nostradamus, Thanks for the link on Bees, that we need to most of our food production.
and the story about
Russian gas shortage and stopped exports.
I hope Russian has a better wheat crop this year??

#148 Live Under Your Means on 04.29.11 at 10:40 am

http://www.projectdemocracy.ca/

Two good Youtube vids.

#149 UK Love Calling on 04.29.11 at 10:43 am

Jesus Christ on a cross! The more I am reading, the more I am coming to terms with the fact that Canadians really are paranoid, delusional, hypocritical, and stupid. You should be ashamed of yourselves. We hear of tales about “stupid” Canadians or “ignorant” Canadians, but we shrug it off. However, I can no longer stand to read the rubbish on this site.

39, 51, 109 S.B. – You are the dumbest person I’ve every encountered on a blog. I cannot begin to tell you where you are wrong. Did you know Hillary – not Hillery – was never VP? There will never be a mention of a “stolen” Bush Jr. election because of one reason – it was never stolen. What does this say about your ignorance? Plenty. You have no credibility.

52, JohnnyBGood – The U.S. needs no excuse to invade Canada. They would trample you within minutes if they wanted to do it. If they were ever going to invade, it would have happened eons ago, making you into their 51st state. Paranoid, delusional, idiot. See, they’re not the people you’ve been conditioned to think they are.

61, BPOE is the biggest idiot (maybe not the dumbest) I’ve ever heard on any blog. Canada’s economy and housing market are kaput. It is done. Your snide remarks only show the testing times you’re already living in. Also, it is evident you are also S.B.

79: Anon11, you may be the only person with any sense on this blog who uses cognitive thinking abilities. Well done.

88: wes_coast, what canadian “ingenuity?”

91: Hobbygirl, in answer to your question, Canadians are scared shitless of any kind of change.

It makes not matter which way this election goes. You may struggle to decide who will be better for your politics and long-term economic outlook. It makes no difference at all. Stop over thinking it and just accept your fate.

Your little country would be absolutely ZERO without those damn Yanks. We have a declared “special relationship” with the U.S. for decades and we too benefit greatly from it. The difference is we recognize it and appreciate it, but you spit in their faces out of envy, lust, and sheer jealousy. You’re disgusting fools. As you continue to root for their demise, please know it will only take you down too.

#150 PostCarbonPioneer on 04.29.11 at 10:51 am

Garth, you shouldn’t make fun of the Layton/Chow house. They are really walking the talk. All those energy saving things they’ve done on a modest house are very impressive to me–the kinds of things that we are planning to do to save energy too. She does talk about it being good for the environment, yes, but in the end, they are going to save money on high energy costs.

How did I ‘make fun’? It’s a typical inner-Toronto pile of sticks. — Garth

#151 45north on 04.29.11 at 10:53 am

Splitbongwater: I don’t like Kate Middletons pointy elbows. And Jack couldn’t do any worse than the other jackass politicians, so am going to vote NDP on Monday.

her elbows are just fine

so I’m not going to vote NDP on Monday

#152 mackie on 04.29.11 at 10:54 am

Ill take a coalition govt. representing 60-70 per cent of the voters over a Conservative govt. representing 30-40 per cent of the voters (almost all from the right wing west) any day. Folks, get your heads out of the sand. Coalition governments are nothing new. And, unlike some here think, it does not mean the end of the world.

#153 GregW, Oakville on 04.29.11 at 10:55 am

Just a comment on the wedding balcony kiss.

So why did the BBC not show us the first kiss on the balcony, but only the second kiss, so they said?
Seem there were more interested in showing us the weapons of war fly over that keep them in power perhaps? Just a guess of course.
My wife woke up early to watch the wedding. I sensible stayed in bed since I don’t …

I hope some new Canadian MP’s refuses to pledge elegance to the Queen, but instead to the People of Canada that voted for them, and the Canadian Constitution! Just a wishful thought.

I guess we’d need to place a non gold fringed flag in the House to have that get unnotisted?

#154 Kitchener1 on 04.29.11 at 10:57 am

Harper runs on nothing but fear. I dont trust a man that bases his products need on fear. Talk about the merits, the benefits etc.. but not fear. Thats boiler room telemarketing garbage.

And this corporate tax rate– please are Canadians really dumb enough to fall for this nonsense.

Its not about tax rates, its about labour cost and price barriers to market (tariffs).

GM moved a lot of its production to Mexico, because of cheaper labour costs and no tarrifs, all of North America and Mexico is a free trade zone.

Even when Ontario gave them BILLIONS in $$ and tax cuts, they would have still closed Oshawa plant if not for the handout from the federal Con’s.

We could have a ZERO corporate tax rate and we would still lose jobs as cost of labour would still negate that zero tax rate. HP/IBM/GE etc.. are all companies that are still closing down shop and laying off staff in the US, even with record profits and almost no corporate tax. Its not about the cost of labour.

Jack is riding the boomer wave, ive said it for a long time, the first party that offers a huge rise in pensions will get a majority. Well, we are still very early to boomers hitting 65, most still live in fantasy land and think they can cash out their investments and houses at the same time.

Well, when that fails, watch for a NDP majority next time around. I think all of you really underestimate the boomer entitilement attitude that is coming this way.

They will vote for who ever gives thems more. period, end of story.

#155 Mr. Plow on 04.29.11 at 11:03 am

#8 squidly77

Actually I have had a VRM for close to 10 years. I have paid an avg of about 2.50% over the last 5 years and it got as low as 1.2% (can’t remember the years before).

A VRM played right can be quite profitable. You always talk about home owners being slaves to the bank? Well at rates like I have had, not too sure who the slave is.

Easily reinvested equity from multiple properties at these rock bottom rates and have had my renters pay off the loans on the almost free money.

Who knows, maybe you’re one of them!?

I guess I should be thanking you.

#156 Live Under Your Means on 04.29.11 at 11:05 am

#74 Williston Geo on 04.28.11 at 11:39 pm
Am I the only one weirded out by the arms hanging over Olivia’s toilet?

I suspect it’s a funky hand towel bar – just without the towels.

#157 Cellar Dwellar on 04.29.11 at 11:07 am

@#18 Ayn Rand
I totally agree. Which way is the wind blowing? That’s where you’ll find Jack Layton. Mr. Populist.
Say one thing in French in Quebec and promise the exact opposite thing in English in the rest of Canada.
The ONLY positive outcome from this debacle of another minority govt . ( $300 MILLION wasted taxpayers dollars).
Stehpn Harper should get the knife in his back from his one party members. The Conservatives would have had a majority 2 elections(and $600 million dollars) ago. IF some members in that party will grow a pair and boot that unelectable control freak out.
Peter MacKay for PM anyone?

#158 Mr. Plow on 04.29.11 at 11:07 am

#43 Basil Fawlty

I think the concern is that no one knows how he will pay for his platform. And when that question comes up, everyone knows the answer. Higher taxes.

In today’s world of $1.30 gas and expensive everything else that is what scares me the most.

Can’t speak for others.

But one poster made a good point, the fact that all of these leaders seem distasteful is more of a comment on the current state of Canadian politics.

#159 Mr. Plow on 04.29.11 at 11:11 am

#85 obama’s certificate of live birth has 50 layers in abobe illustrator

Who cares?

#160 avenirv on 04.29.11 at 11:16 am

#22 eddy,

see vancouver and then think twice about the OG.
a lot of money spent, less income.
so this is the reson you hate layton ?
but you must be thankfull, he and duceppe brought Harper to power; was a good guy then, eh ?

#161 Cellar Dwellar on 04.29.11 at 11:20 am

@#61 BPOE
Your quoting Mayor “Moonbeam” for facts, figures and projections of the future?
Bwahahahahahahahahahahahaaha.
Perhaps you should look more closely. Penny Ballem is standing right beside that bumbling “photo op” called a Mayor.
Penny runs the show and she’s doing such a bang up job City Employee morale is at its lowest level ever recorded. Any long term employees she hasn’t fired yet would love a package to get out of there.
Millenium Village gets to stare at the “Other ” White Elephant across False Creek called BC PLACE.
You know, the football stadium that WONT BE READY FOR GREY CUP!
bwahahahahahahahahahahaahaha
your such a moron.
You heard it here first !

#162 Future Expatriate on 04.29.11 at 11:24 am

I know Canadian government is complicated, but come now, ANY PM has to be better than Bush’s lapdog.

Did I get that right? Let’s see, Blair, Bush’s poodle, Harper, Bush’s lapdog…. yep, think I got it right.

#163 squidly77 on 04.29.11 at 11:28 am

Mr plow

Easily reinvested equity from multiple properties at these rock bottom rates and have had my renters pay off the loans on the almost free money.

So I guess you now have multiple equity losses across the board.

#164 Rookie57 on 04.29.11 at 11:31 am

In looking at all the leaders in federal election, you have got to admit that Jack Layton has chuztpah. The others don’t. Hey Garth, does Jack drive a Harley too?

He has a CCM. — Garth

#165 Live Under Your Means on 04.29.11 at 11:37 am

#84 Don on 04.29.11 at 12:43 am
Is this true – comes from a reliable source…

Biggest Free Trade Deal Since NAFTA, Ghost Issue of 2011 Election
……………….

Agree. Most Canadians are unaware of this.

Here’s one article re fisheries. http://rabble.ca/columnists/2011/04/whats-stake-election

As a citizen & taxpayer, I’m sick of our govts. conducting these negotiations behind closed doors and the lack of MSM attention paid to these issues.

#166 David B on 04.29.11 at 11:49 am

Perhaps not only Canada would be better off with the Red and Blue parties gonzo but with a little luck it could spread south. Let’s face it who allowed sub prime loans and crashed world markets …. all those Red and Blue guys plus they started not one but three wars.

Word on the street (and CNN) is that America will not be a world power past 2016 ….. and not shot will be fired … they will be broke as they are en route to $22.5 Trillion in debt in 2015! and no longer the world’s largest economy.. The winner China.

But what do I know?

OOPS, forgot to add costs of Climate Change disasters

#167 Kitchener1 on 04.29.11 at 11:50 am

Harper will not work with other parties, he never has. It was the fact that the liberals did not want an election that kept him in power for so long, not that he worked with them.

Jack asked for some bread crumbs- spare change if u will, before the election, Harper said he didnt have any and next thing you know, he found 11 billion he can cut??

The truth is that Canada will not be electing a majority govt anytime soon, they dont trust any party with that kind of power. Can the Conservatives get a majority–maybe, but not with Harper as PM. He doesnt connect with the people, runs on fear etc.. they need a charismatic leader, not some guy living in his own movie, repeating the same speech 100 times etc. I would pay to see Harper actually run a town hall with no teleprompter or notes, just off the cuff.

Look at the numbers, the Conservatives vote did not increase last election, they didnt get any new voters over to their ideal, it was basically the Liberal voters not turning out to support Dion, as well as the growth in the Green Party. The NDP’s numbers stayed the same in previous election as well. Harper just got lucky that the Liberals couldnt get their act together.

People are getting tired of the schoolyard antics by all parties, they all have to work together. That means Harpers ego better take the backseat, along with Iggy’s as well.

#168 Live Under Your Means on 04.29.11 at 11:54 am

#87 Michelle on 04.29.11 at 1:18 am

Not sure if you’re being sarcastic but whatever.

I just wish I had Olivia & Jack’s money so that we could add solar panels & all the rest of the energy efficiency stuff that they installed. Unfortunately, costs are beyond the avg. homeowner.

#169 gentleInvestor on 04.29.11 at 12:08 pm

Two points.

First, politicians need to get it – people in Canada are SICK of smears, morons and politicians who act like children. Jack, not my first choice by far but he’s popular for two reasons – he can promise the moon because he’s got nothing to lose and he’s playing the positive, sociable guy who SEEMS to be listening to Canadians. Canadians have a history of electing officials that are not ROBOTS and Jack fits that bill the best at the current moment.

I listened to the debates with my local candidates. The NDPer here was way out of her league – she is a first time candidate – and I’m sure she will not win the seat but I’d probably vote for her. Why? Well it’s certainly not because I am an NDPer – never have been. It’s because the Liberal and Conservative candidates behaved like a couple school yard idiots – I’ve seen preschoolers have a more civilized conversations. Name calling, taunting and ZERO discussion of the issues. Talk about greater fools.

As for resources, people need to chill out. I say, leave ’em in the ground if the corporations don’t play ball. Threats to leave are empty. Remember when Danny went for an ownership stake on Hebron – pundits said it was the end of the industry in NL – looks who’s laughing now.

#170 Timing is Everything on 04.29.11 at 12:10 pm

Stroke of a pen….Tax deductible mortgages or portion there of.

Anything is possible in ‘The New World’.

Before you say ‘Never’ Garth. Never say Never.

I want a blue one. ;)

#171 Live Under Your Means on 04.29.11 at 12:10 pm

#102 pixelwhiplash on 04.29.11 at 7:17 am
The political myopia on display here is breathtaking.
………………..

A little worried? – LOL

#172 geogar on 04.29.11 at 12:11 pm

ooooo…! the boogie man!!! We all go thru that phase. Yes Olivia is hot and Katie soso… While on the topic of fairy tales…. wut about Ms. Gale ain’t she too.

#173 Dinner by 7 on 04.29.11 at 12:20 pm

Either I am way ahead of the curve on understanding politics and some here can’t see their ass from a hole in the ground – or – I am a complete backwards fool…
Some here cheer that harper won’t get a majority government – what gives – that just tells the world that during crunch time – our system could be deadlocked – what does that tell the world…the world is obviously facing a critical phase with financial struggles growing by the day – the last thing we need is political instability – get real people. We need “a” leader who will carry the team – not a basket of self-centred idealist who have their own agenda’s…

Yes, I am a conservative – not a fan of harper, waiting for the day when hopefully Peter Mackay takes over (crossing fingers that this does materialize) –

NDP = Nice Dairy Pants

I am not completely verse in the ideology of NDPism – but take a look at Bob Rae’s NDP Ontario stint and I fear for this country + add that good ole Bob enacted that favourite Constitutional clause of Affirmative Action – yes, I’ll line up to vote for the NDP and forever be out of a job cause I don’t meet the “quota system” .. F*%! Me….

Jack is promising Quebecers what…like the Liberals and Conservatives haven’t already done – he wants to kick big business in the azz, great, now Alberta will be screaming separatist ideals…we’re screwed. Small business once thrived because the “service” sector was all we could count on, as the economy faces serious challenges – its big business, that will lead the way – like it or not – that’s a fact!

Finally – some are really missing the biggest picture – who cares what title each party claims to represent, the world is gonna be facing some serious debt crisis in the years to come, we need someone who is well versed in economics and will be able to push Canada forward, not sprinkle fairy dust and tell us “feel good stories”. Of the 3 goons currently running – which of them do you think will save Canada on Centre stage – it won’t mean a thing what house prices are doing when our entire system turns into a circus –

#174 Live Under Your Means on 04.29.11 at 12:21 pm

#111 DARLENE on 04.29.11 at 8:09 am
I thought I would post this for all the fiscally conservative posters on this blog. There is an other option then blue or orange.

http://www2.macleans.ca/2011/04/28/a-price-must-be-paid-but-by-whom/

…………….

Beat me to it Darlene. :-) Imagine Coyne voting for the Libs. Says lots about this election. We’re with him.

#175 realpaul on 04.29.11 at 12:22 pm

I hate to point this out to the loyal drones of the CBC but…….The Alberta Oil Sands projects in their entirety over a full year emit less than ONE DAYS emissions out of China.

The fact that the greenie mob has easy access to the local industry and doesn’t have a clue how to attack the Chinese is the major reason that the ‘tar sands’ debate is so vociferous here while China gets a pass.

The oil sands are the most regulated oil industry in the world. Greenpeace has lots of traction with the CBC and because the CBC hates the Tories and the oil sands are in Alberta and the Tories have their base in Alberta….well you get the story….hopefully.

Over the years I have had to speak to lots of goofy inheritance cases who have never worked and have come into money after going to school for a decade or two while living off their parents. These are the types …generally….who have the most wonderful idea’s about the world according to the CBC. A world full of give a ways and freedoms…..never imaging where their parents got the money from.

And here they are….trying to get a socialist PM in power. Not thinking that the NDP platform is geared to increasing the tax rate on estates…..utility….fess and services…..income……capital gains on investment income….higher gas taxes and underhanded carbon taxes…….increased taxes to pay for a huge bureaucracy…..social welfare for anyone who doesn’t want to work.

These inheritance cases don’t seem to realize that this CBC philosophy is not the bullet……it’s the target of the socialists. All that nice inherited money and easy income being clawed away by a voracious government…..nice.

The CBC has just realised the error of its ways. They have been angrily denouncing the Conservatives as usual throughout the election…thinking that Harper bashing would serve their Liberal masters….wrong…..chaos intervened in a strange new way and boosted the NDP past the Liberal darlings. Now that they have given Jack a free ride…the bumpkins of the country are riding the bandwagon and destroying those who the liberal media thought they were helping. Oh OH…careful what you wish for eh?

#176 AG Sage on 04.29.11 at 12:23 pm

If the NDP were smarter than they are power hungry (but being pols that’s not possible) they would leave Harper in there to eat this crash/decline he’s set the country up for.

#177 fancy_pants on 04.29.11 at 12:28 pm

nice photo. Got Milk?
sorry wrong commercial…

Welcome to the New World Order.
love, VeriChip

#178 BrianT on 04.29.11 at 12:29 pm

#154Kitchener-Hard to argue with your logic. Also, a very small % of Canadians have a large RRSP balance so these funds could be quite vulnerable down the road especially with a majority NDP government.

#179 BrianT on 04.29.11 at 12:32 pm

#149UK-Let’s face it champ-you and most of your buddies at the pub would give your left nut to be a Canadian-sorry you can’t come in as we only import from the third world mostly.

#180 BrianT on 04.29.11 at 12:36 pm

#149UK-Jeez I forgot-the UK IS THE THIRD WORLD NOW-you might get lucky-hope you enjoyed your royal wedding party with your blokes.

#181 Form Man on 04.29.11 at 12:37 pm

just a thought for those hoping for a Harper minority, and thus followed by a Layton -led coalition; if indeed Canada’s economy is now starting a downleg ( which will be accelerated if housing prices drop), the voters will blame whoever is in power at the time. This provides an opening for the Cons to come back next time and win a majority. Would it not be better for Harper to win a majority now, bearing the entire blame for his financial missteps in the next couple of years, and then be annilated by furious voters ? This is not the right time to topple him……..

#182 Live Under Your Means on 04.29.11 at 12:45 pm

#146 Utopia on 04.29.11 at 10:30 am
#80 Thetruth

A vote for the NDP will mean higher social spending on pensions and Medicare. Means higher taxes for you for at least the next 27 years. Your taxes will provide Boomer’s with…free amenities.

Boomer’s should pay for their own amenities. Tax their wealth and stop taxing the younger generation…

Do you really want to vote NDP?
——————————————————-

Ya Git It, TheTruth!!!

Jack Layton and the NDP are really just a Boomer’s party.

They will tax away your wealth to support the most entitled generation this nation ever knew. They are not a political party for Canada’s youth or those who work daily and pay taxes.

Get the word out quick before it is too late. This is a dirty trick that young people in this country are swayed by this idea of “Orange change” but will only end up burdened with massive tax increases in the end.

Get on Facebook….get out on Twitter. Warn your friends before it is too late. There is only one responsible political party in Canada that is telling the Boomer’s “No” to a whole lot of free money and entitlements.

It is the Conservatives.

………………

Hope you took your blood pressure pills Utopia.

#183 prairie gal on 04.29.11 at 12:51 pm

@ #18 Ayn Rand:

A change in government ALWAYS results in at least a few inexperienced Ministers and Deputies floundering around in their new roles. This is why its important to have a long-term professional public service to maintain organizational memory. A mass firing of career public servants only makes it even more chaotic.

#184 prairie gal on 04.29.11 at 12:55 pm

@#22 eddy:

I call bullshit on blaming Layton for Toronto not getting the Olympic games. Fact is Vancouver just hosted the winter olympics. There was a LOT of protest during the run-up to Vancouver being picked. WAY more than in Toronto. Try again, pal.

#185 prairie gal on 04.29.11 at 12:59 pm

Utopia, what is wrong with you? You seemed like such a rational person. How can spending untold billions on jets and prisons be considered stable and fiscally conservative policy? Are these facts not entering your realm of comprehension? What do they put in the water of rural SK to brainwash you people?

#186 American Werewolf on 04.29.11 at 1:01 pm

The economy is already screwed. The only thing Harper will do differently is continue to pursue policies that inflate the bubble to avert taking responsibility for the crash. And people here are fearful of the crash happening sooner than later under Layton? Rubbish and completely contradictory to anyone on this site who is aware of the impeding crisis.

#187 Live Under Your Means on 04.29.11 at 1:03 pm

#151 45north on 04.29.11 at 10:53 am
Splitbongwater: I don’t like Kate Middletons pointy elbows.

…………………
Assume you are being sarcastic. Woke up at 5 am & watched the ceremony. Loved Kate’s dress – it was so simple & classic in comparison to Di’s dress. She’s a gorgeous lady. Not really a monarchist, but wish them the best and believe they’ll bring a bit of modernism to the royal family.

#188 betamax on 04.29.11 at 1:11 pm

#158 Mr. Plow: “I think the concern is that no one knows how he will pay for his platform. And when that question comes up, everyone knows the answer. Higher taxes.”

Same can be said for all parties.

#189 TS on 04.29.11 at 1:27 pm

To : #57 nonplused on 04.28.11 at 11:03 pm
“Sooner or later all this Chinese money should discover Seattle, unless they are coming for our health care. But why would they do that if they are so rich??”

Because they are not stupid. The rich Chinese immigrant investors believe we are the Greater Fools. I cannot disagree with them.

#190 Debtfree on 04.29.11 at 1:28 pm

@ 149 you may have missed also the dumbest statement ” tax and spend gov.” this is being repeated by neocons both sides of the border trying to manufacture consent .
The obvious yang to this statement would ” spend then tax government ” . The closer we get to the day . The longer winded the neocons become as ie. Udopia .
harpo lives on hate.
http://thetyee.ca/News/2011/04/28/HarpersVisceralHate/

and he expects us to live on his lies.
http://thetyee.ca/News/2011/04/29/HarperPushesPrisons/

#191 TS on 04.29.11 at 1:47 pm

To: #67 Not Brainwashed by the SUN on 04.28.11 at 11:34 pm
I would rather have the money spent on me the working class and not the rich.
Thanks for providing me the thinking behind voting for Layton. Or perhaps you work for Jack. Jack will be known in the future as J on this blog.
I guess you do not realize that the working class are going to be paying for Jack’s perks.
Do you really believe the rich will let you near their money? They have a lot smarter tax advisors than the government can legislate and regulate. Most of the really smart tax advisors worked for Revenue Canada at one time. The nudge nudge wink wink system.
As one door closes another one opens in the world of tax regulation. That vote of yours is going to have a very long term price tag. A vote for Jack is like house lust. Comes with a great big long term mortgage that is overlooked at the beginning. There are going to lots of psychological effects from voting for Jack. I guarantee you one will not be the wealth effect. Over time the hope and trust will leave and fear will enter mixed with anger.
I also wonder about the air changes in his little green home. Long term affects…..

#192 Oasis on 04.29.11 at 1:55 pm

well… lookie here. USD down again. commodities up again. gold and silver smashing all time highs daily.
who could have known? maybe tomorrow will be different.

#193 maxx on 04.29.11 at 1:58 pm

#46 TakingResponsibility-“People are wanting a new narrative”
Absolutely right!

#194 Apsalar on 04.29.11 at 2:03 pm

Very interesting article here….

http://www.businessinsider.com/qe2s-glaring-failure-the-housing-market-2011-4

#195 SmarterThanYouLook on 04.29.11 at 2:06 pm

The more things change, the more they stay the same.

Come May 2nd the NDP will collapse. The Libs never got started and couldn’t fight their way out of a paper bag.

Haper will remain PM and Carney will keep rates neutered.

“Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” – Albert Einstein

#196 SquareNinja on 04.29.11 at 2:10 pm

#5 LH: Your racism and global warming denial can eat s#!t. Tell us your name and address, brave man.

#197 TheBigLebowski on 04.29.11 at 2:16 pm

192 Oasis.
You’re with Al’ CIA da just for mentioning that. Now be a good little slave and go buy some more 30 year Treasury Bonds.

#198 Two-thirds on 04.29.11 at 2:18 pm

#21 Utopia

“I will say a prayer for voter sanity come Monday. Very worrisome polls though. Say Goodbye to the recovery everyone and get ready for an actual housing crash.

What were we thinking?”

I share your concern and I wonder how to prepare for the outcome of the election.

As for the RE market, wouldn’t a leftist government intervene without hesitation to “save” homeowners if house values begin to plunge?

If so, the inevitable correction may be postponed once more… extend and pretend, the world has lived it for almost 3 years now.

I think I need a drink…

#199 tran,Calgary on 04.29.11 at 2:18 pm

China is getting out of USD

http://www.zerohedge.com/article/china-proposes-cut-two-thirds-its-3-trillion-usd-holdings

#200 Mr. Plow on 04.29.11 at 2:25 pm

#163 squidly77

I’ll try not to be too condescending…

Loans were taken out against the properties so yes technically there is an equity loss there, but as I mentioned at 1.5-2.5% interest the renters have virtually paid it all off.

So the equity has been put back into the properties, and I am still left with the nice little contribution to my TFSA and RRSP that the loan provided. I think Garth made a post on this a few weeks ago minus the bit about the renter paying the loan off for you.

Owning property is not always a bad thing if done properly.

#201 Sail1 on 04.29.11 at 2:36 pm

#150 PostCarbonPioneer

How did I ‘make fun’? It’s a typical inner-Toronto pile of sticks. — Garth

Garth, I wonder how much that pile of sticks is worth, with all those upgrades? I imagine you don’t believe in anything green. You could probably feed a small country on the cost of fueling a Hummer yearly.

It runs on testosterone. I have an renewable supply. — Garth

#202 Nostradamus Le Mad Vlad on 04.29.11 at 2:39 pm

It is interesting to note throughout this debate, very little attention has been paid to the wars in AfPak, which are costing us, what — $100 mln. per month?

Yet the evidence is clear (primarily because of the ‘net): — ObL passed away in Dec. 2001 due to kidney failure.

The bin Laden family left on a private jet from Florida, after all the planes had been grounded. The relationship between the Bush and bin Laden families goes back decades.

This has never been about a ‘War on Terror’, but this is a neocon ploy to instill hatred for one another, based on faith, to begin The Fourth Crusades.
*
#50 Chaos — “You don’t need to be afraid of democracy…you need to be afraid of born again/ far right/don’t have any woofin’ skills/morally bankrupt politicos.”

Well said. These are the ultra right-wing religious zealots / dinglenuts who have so thoroughly screwed up this continent, and politics only plays a minor role in this.

The sooner this lot are flushed down the toilet, the better. See the rise of anti-Islam BS happening in Europe.

#62 The InvestorsFriend (Shawn Allen) — “What is the best substance to rub on the ballot to soil it?”

Try Libertarian or Independent. Neither will win of course, but it’s one vote, multiplied by hundreds of thousands that will leave a minority.

#95 ken — Great post, esp. re: hemp.

#100 House — “At least The Little Dictator will be gone!”

Won’t it be a great inspiration to know that the little tin god had three chances, and blew all of them!

#106 McSteve — “. . . a weak Tory minority with a wacky NDP official opposition.”

That is a fair result, because it would force the power-loving minions from office once and for all. Then a new set can come in and possibly look at the greater picture, which covers the whole country and territories.

#123 Who’s the Greater Fool? — “Vote Libertarian! ;-)”

Bingo! That is exactly why I will vote either Libertarian or Independent. The rest can be tossed into a landfill.

#128 Nemesis — “. . . if Jacko et al form our next government, perhaps we could dispense with the political anachronisms of ImperialBritain;”

Abolish the senate? That will be a great start. We all have to live an adequate life, so what is the point in having a bunch of overpaid dumbasses who rarely bother to wake up?

#133 Timing is Everything — “Adapt or die.” — It really is quite straightforward to be able to live well. As far as the ‘new boss’ etc., see my reply to #123 — easiest choice I will ever have.

#140 GregW, Oakville and #147 GregW, Oakville — Hi Greg, and thanks for the feedback. Sure are a multitude of things happening beyond our elections.

#203 GregW, Oakville on 04.29.11 at 2:45 pm

Hi #10 Nostra, Have you see this YouTube Video?
Dangers of GM Food – YOU’RE EATING POISON. 5min
http://www.youtube.com/watch?v=fY3OAkwLhyo&feature=related

#204 CrowdedElevatorFartz on 04.29.11 at 2:48 pm

BPOE ………..you know you want it. Yesssssss. Time for the elevator ride. You’ve been a naughty,bad, realtor! Time for a spanking. Assume the position.

#205 Form Man on 04.29.11 at 2:50 pm

I must admit to a certain degree of scepticism re: Conservative insiders ‘leaking’ the info that they do not have enough support for a majority. I suspect this is a careful and deliberate leak to lull the opposition voters into complacency. The Cons know their base will vote. They are counting on the left-leaning voters to not show up on voting day. The spectre of a Harper majority motivates the anti-Harper vote. The thought of a Harper minority less so…….

#206 BrianT on 04.29.11 at 2:51 pm

#187Live- Question: Why do women always watch porn right until the very end of the movie? Answer: they want to see if they get married.

#207 inexsucks on 04.29.11 at 2:58 pm

I am a deadhard Liberal.

Yeah!

And I am voting for Jack Monday!

#208 BrianT on 04.29.11 at 3:08 pm

I don’t agree with what the Donald says, but I like the way he speaks-the Obamaspeak teleprompter robot thing is tiresome-LET ME MAKE THIS CLEAR http://www.globalregina.com/Video+Donald+Trump+drops+Bomb/4698004/story.html

#209 Devore on 04.29.11 at 3:15 pm

#91⁠ hobbygirl

“Try something new”? This isn’t lunch at Ricky’s. Laws, once passed are hard to get rid of. Programs, once established, are impossible to shut down, even if they’re fundamentally broken. Want to try something new? Go live in another country for a year, you’ll get the change in scenery you so crave.

#210 P F Murphy on 04.29.11 at 3:15 pm

Hey and I thought this election was going to end with majority fascism. Nice change! Too bad our corporate sector is so dependent on handouts and the US being next door. At $1.05 for a US buck, the Canadian dollar is so over-priced because people would rather have it than the US buck that’s really worth about 50 cents. The Goldman Sachs and like bunch should be thrown in prison for life at hard labour for their destruction of the US as a world power, but they’re still in charge of spending it deeper and deeper into debt. QE3 anyone? With our tax rate at 18%, we still have a 2% advantage over the Americans and our loser corporate lay-abouts want a bigger advantage to line their pockets. Don’t whine about the NDP winning, get off your backsides and get to work making a profit which you’ll probably suck off most of for Executive salaries instead of paying out in dividends to the shareholders.

#211 jess on 04.29.11 at 3:24 pm

technocracy movement ?
The Engineers and the Price System (1921) Veblen thought was that capitalism would be overthrown by engineers and that technological developments lead toward a socialistic organization of the economy

http://www.efm.bris.ac.uk/het/veblen/Engineers.pdf
Thorstein Veblen – Wikipedia, the free encyclopedia
The Engineers and the Price System By Thorstein Veblen

#212 squidly77 on 04.29.11 at 3:47 pm

Mr Plow man

Average cgy house $450,000
@2.5% per yr=$11,500
+1% principle=$4,500
+$2,500 yr prop tax
+mtc $2,500 = $21,000 year or $1,750 month

You would be very lucky to get $1,750 in monthly rent in Calgary, but lets say you do, best case scenario, you make exactly $0.00 for your $450,000 investment and in today’s environment you must calculate your equity loss of approx 10% yearly or $45,000.

You see Mr Plow, you are simply clinging to an anchor.

#213 Al on 04.29.11 at 3:54 pm

The NDP in power will make your predictions come true; crashing CAD$, allowing for much higher interest rate hikes resulting in a real estate crash !

#214 triplenet on 04.29.11 at 3:58 pm

#16 Tim… “Exxon made 11 billion in profit this quarter. Does the Government really need to give more breaks to this industry?”

Will part 2 of your investigative story focus on how much corporate / personal and other forms of taxes Exxon has provided for the government coffers?

You can start by teling us how much govenment tax is in a litre of gas costing $1.40.

#215 Abitibidoug on 04.29.11 at 4:02 pm

Quote: As for real estate, well, I think this may be the end of McMansion-friendly, big-hat-no-cattle, leverage-lovin’, energy-sucking, pave-it-all era of government.

Would that be such a bad thing, to bring an end to foolishness that should have never occured in the first place?

#216 VICTORIA TEA PARTY on 04.29.11 at 4:04 pm

TROUBLE WITH SOCIALISTS: ECON 101 LEAVES ‘EM IN THE DARK! WHAT ELSE IS NEW?

Just one more reason why this national-nuttiness for Jacko and his whacko jackals should NOT give them the votes to form the next federal government: their glorious leader knows squat about the financial underpinnings that run this country! Shame!

JACKO’S PROBLEM

Earlier this week Mr. Layton said that he would urge the Bank of Canada governor to keep interest rates low. That’s no faux pas. That’s a full-on total show of complete economic ignorance.

Politicians DO NOT tell central bankers ANYWHERE (exept those in Zimbabwe and various other rat-bag socialist dictatorships) how to do their work.

Political interference in monetary policy (interest rate changes) has to be seen to be independent of government. Governments handle fiscal policy. Budgets!

By Friday someone had gotten to the putative prime minister, to presumably advise him of certain economic realities, that is the difference between monetary and fiscal policies, that not even socialists can change. Mr. Layton back-tracked.

The world will be watching us on Monday night. We must be careful for whom we vote, because in the Great Out There, resides a world of pain for nations which do not mind their financial stores.

Current examples of budgetary recalcitrants: US, UK, EU, Japan, most of Africa, Iceland, add in your own suggestions.

Flotsam and jetsom of history, pitching about on an ocean of pain.

#217 fyilifeisntfair on 04.29.11 at 4:09 pm

“104 poorbuffalorancher on 04.29.11 at 7:33 am
Nice to see our tax dollars at work on Jack and Olivia”s house.

The average canadian cannot even think of investing what it cost to “green” their house…but I guess a double MP salary isnt your average income in canada.”
—————————————–

They werent born into that job. If you are so envious why don’t you run? Liberals and Tories have been swapping the government forever; how often did they reduce MP salaries?

You just sound bitter. Don’t blame others for your station in life.

#218 bill on 04.29.11 at 4:12 pm

‘He has a CCM. — Garth’

girls bike?

#219 squidly77 on 04.29.11 at 4:18 pm

The days of extra-plump variable-rate discounts may be numbered.

A handful of lenders began trimming their variable-rate mortgage (VRM) discounts this week. They’ve gone from prime minus 0.75% (the average market rate) to prime minus 0.65%, or even prime minus 0.50% in some cases.

To most, these changes have seemingly sprung out of nowhere. Few expected rising VRM rates before the Bank of Canada resumed tightening. Unfortunately, it’s happening now and it’s beginning to smell of a trend.

So far, four of the top 10 broker lenders have reduced discounts, and others are considering following suit.
http://canadianmortgagetrends.typepad.com/

VRooM VRooM!!

#220 Not 1st on 04.29.11 at 4:36 pm

The mere fact that Jack’s support has increased shows me there are more lazy people in the country than ever before, more people wanting to siphon from the public and corporate purses, more people taking basket weeving in university that engineering, more people who have gone soft in the head smoking weed. That especially means Quebec who are socialists disguises as separatists . We should set that dysfunctional group loose and let them earn their own way for a while instead of sucking down 6 billion in transfer payments every year.

Lets hope May 2, the Jacko supporters forget to get out of bed and are too broke for bus fare to get down to the polling station.

#221 Mr. Reality on 04.29.11 at 4:37 pm

The solution folks is to short the markets and vote for the NDP. So whatever happens you are profiting off the decline. Bunch of amateurs

Mr. R.

#222 realpaul on 04.29.11 at 4:50 pm

The wacko Liberal media spun a 180 today and began to attack Jack Layton and the NDP when they realized that the one trick pony Harper bashing has in fact sunk the Liberal Party..that has many of the same policies as the Conservatives.

Jack Layton was bashed on his statement that he would control the Bank of Canada and he quickly retracted the gaffe.

Jack has been forced to take back his main plank…’cap and trade’ when a media wag forced him to admit that it would rape 21 Billion dollars out of the economy from the western provinces. He whimpered away and weaseled an answer that ‘it would take at least 5 years to implement.

That took out the last support of all his other policy announcements as to where all the money was going to come from for instant housing, education and medial miracles that the Liberal Media was allowing him to get away with unchallenged.

Little Evan Soloman was backtracking so fast on the Harper bashing that he was actually begging the Libs and the Cons to agree on something. The CBC has realized that unfettered and unrestrained Harper bashing might have turned into a full blown backlash and has every chance of plunging this country into a socialist nightmare.

The CBC has been so focused on hating Harper that they forgot to question the goofy policies of the Dippers. Now that the brainwashing has worked they are trying desperatley to backpeddle out of the mess they’ve created.

Oh Canada………what a freaking circus. Who gave the CBC the power to create this backlash against the government in the first place. The years of being in cozy with the Liberals and getting senate seats and getting to be GG’s had the CBC slathering hatred for five years against the Harper government. Now they’ve screwed the pooch and don’t know what to do.

If I was Harper..the first thing I would do is disband the propaganda machine called the CBC….like …right away. They’ve shown themselves to be an anti social force of destruction.

#223 betamax on 04.29.11 at 5:02 pm

#168 Live Under Your Means: “I just wish I had Olivia & Jack’s money so that we could add solar panels & all the rest of the energy efficiency stuff that they installed. Unfortunately, costs are beyond the avg. homeowner.”

http://www.youtube.com/watch?v=IJ_R-G_i4Xk

#224 Live Under Your Means on 04.29.11 at 5:08 pm

#175 realpaul on 04.29.11 at 12:22 pm

Bet you read Sun news and now watch Fox north.

#225 Live Under Your Means on 04.29.11 at 5:36 pm

I’m wondering how the youth vote (mob videos) will impact this election. Personally, I think they will have an effect as most of the youth are concerned about the environment and I doubt they’ll vote for the cons.

#226 Hoof - Hearted on 04.29.11 at 5:49 pm

http://talkdigitalnetwork.com/2011/04/why-quebec-wants-layton/

#227 S.B. on 04.29.11 at 5:52 pm

Boomers selling off pricey toys? 60k for this?

http://www.autohebdo.net/a/Dodge/Challenger/OAKBANK/Manitoba/19_3776233_/

1970 Dodge Challenger : I am a beautiful 1970 Dodge Challenger and was born into this world with a 340, 4 speed combination. After having sand kicked in my grille once too often, I was upgraded to a 496 big block and automatic transmission. Nobody picks on me now. I really like my current owner. He has treated me extremely well. All of my parts are top notch with no expense spared. As you can see by my picture, I sport one on the most desirable Mopar colors; hemi orange. I still get lots of looks, even at my age. I never thought I would ever be sold but my owner is having a senior’s moment; his loss, your gain

#228 Can Any CONservative explain? on 04.29.11 at 5:53 pm

I’ve asked these question before but no COnservatives are willing to answer. They only like to pointout fictional outcomes of what the NDP will do. I DO know what the CONservative have done.

Can someone tell me how Harper paid for the Tens of Billions in Bailouts?

Can someone tell me how Harper paid for the jets we don’t need?

Can someone tell me where Harper got one billion dollars to spend on a G20 weekend party?

Did Harper BORROW all that money?
———————————————————-
I wouldn’t want to tax oil companies who charge me $1.40 a liter for gas. Harper is the man who gives tax breaks to billion dollar companies……But no money for the working class?

Go read the SUN shine of lies and corporate propaganda to tell you what to think. Most of you regurgitate what the media tells you to think. It’s scary how so many of you just repeat the corporate line. The worst part is many of you don’t even know you’ve been brainwashed

#229 Patiently Waiting on 04.29.11 at 6:10 pm

Al: The NDP in power will make your predictions come true; crashing CAD$, allowing for much higher interest rate hikes resulting in a real estate crash !
_____________________________________________

Agreed, I have never been an NDP supporter in my life, but I hate to admit it I am considering voting for Jacko. . . an NDP gov’t might actually be the best scenario. Lower dollar – good for exports, jobs & opens the door for raising interest rates to put a stop to the debt orgy that is threatening our future economy & while I do not think there will be a “crash”, it will bring home prices down to more afforable levels . . .

#230 The American on 04.29.11 at 6:17 pm

At #57: Nonplused, I would agree with you. In fact, the Chinese are discovering Seattle now. Chinese investors recently announced they would “take over” Medina, home of Bill and Melinda Gates within 7 years. It won’t be allowed, though. One reason the Chinese have not been investing in mass in the past is because the U.S. will not permit residency based only on capital investment in the form of real estate (ie. invest $500,000 or more in Vancouver, and presto! you’re now a legal resident!) Chinese are trying to flood Seattle and Bellevue now. Case in point, Chinese buyers just purchased the bottom three retail spaces in my building here in downtown, along with another two condos within the building in which I live. If you were to travel to the East side, or Bellevue, Bellevue Towers is now about 60% Chinese buyers. This is a VERY recent phenomenon, and we’ve been gauging it to see the rather brisk curve. When asked in a line up at Bellevue Towers, it is simply stated “its a better investment than Richmond.” Once the units are purchased, many are applying for residency and returning home to wait for the thumbs up or thumbs down. When asked what they would do if they are not permitted residency, they say, “we will just rent it out.”

Perhaps the most interesting point, though, is the fact that Chinese money was little over a year ago in our area. Most all of the “money” that is not American in our area is Russian, Indian, British, and Northern European. About 8 months ago, we began noticing a small trickle of Chinese buyers. 6 moths ago, it became more of a broken stream. 4 months ago, it became a steady, but not huge stream. 2 months ago, it became a healthy stream. We know where this is heading now. We are certainly seeing more and more Chinese in our area, and we welcome them. What will not be allowed, however, are areas where Chinese “push” people out to form their own communities to for Chinese-only communities. There are extremely strict and enforced regulations surrounding this kind of exclusive behavior in our area. In the past, decades ago, there were designated areas where they may CHOOSE to go and commune if they choose, such as the International District. If they choose to concentrate there on their own free will, it is fine within the regulations as they stand today.

#231 crabby in mcmurray on 04.29.11 at 6:17 pm

GO JACK!!!!

#232 S.B. on 04.29.11 at 6:19 pm

Well I was hoping that my facts would nicely illustrate what is wrong with the USA, and why they are almost universally hated around the world, but I see the other side can only deal in profanity, name calling, and personal insults (ooh, spelling errors on the Interwebs in a hastily-typed blog post! Call the internet police).

What is that saying about not giving pearls to swine…
I stand by my comments and fact-based opinions. By any metric – crime, drugs, economy, freedom – USA is on the decline, fast. Pass the Freedom Fries (burp).

Even Mexicans, illegal or otherwise, are fleeing the “Home of the brave, land of the free” post -recession:

http://www.cbsnews.com/stories/2008/12/15/national/main4668340.shtml

#233 The American on 04.29.11 at 6:21 pm

BrianT, did you refer to the UK as a “third-world country?” HA! Hardly. You just like calling every other country that isn’t Canada “thrid-world,” don’t you. How cute.

#234 Bruce on 04.29.11 at 6:21 pm

It begins this fall…

http://www.leap2020.eu/GEAB-N-54-is-available-Global-systemic-crisis-Autumn-2011-Budget-T-Bonds-Dollar-the-three-US-crises-which-will-cause_a6340.html

#235 Hoof - Hearted on 04.29.11 at 6:32 pm

BC Place [email protected]% Million Cost over-run

http://www.vancouversun.com/technology/internet/Place+stadium+steel+contractor+facing+million+overrun/4686337/story.html?id=4686337

http://www.financeabout.net/canam-takes-25m-reserve-for-cost-overruns-at-bc-place-stadium/?amp

#236 Hoof - Hearted on 04.29.11 at 6:34 pm

#233 The American

No…as Chretien would say…it’s a turd world country.

#237 ballingsford on 04.29.11 at 6:46 pm

Harper’s thought about what happens if he doesn’t get a majority government sickens me. Who the heck would vote for this Narcissist gov’t. Seems to me that the polls are right, we don’t like the cons or the libs, just cane weilding Jack.

At least he’ll have his henchmen take a close look at the books and see where we truly stand.

Enough is enough with the lies and corruption from the Cons. Too bad the Libs didn’t have someone who we could vote for. Alternative, the Dems are the way to go. They are more Mom and Pop. Jack weilding the cane is kinda cool too to promote their image.

#238 Utopia on 04.29.11 at 6:46 pm

#145 Lead Paint to #131 Utopia

Everyone who does not agree with you does not need to read more or learn more.
———————————————————-

Actually you are right. I am just in a bad mood this week.

#239 Brad in Van on 04.29.11 at 6:53 pm

S.B. @232:

I think you’re missing the point. Your “facts” can be disputed and explained on every level. The larger a nation becomes the larger the problems are that expand. Overall, however, the U.S. still holds an incredibly high standard of life. According to the most recent publication of International Living, the U.S. takes top spot even in their greatest recession, followed by New Zealand, Malta, France, and Monaco. Canada did not even make the top 10. By the way, IL is the top authority for expat living and this kind of information. Sure, they have their problems just like we do. Why are you so obsessed with trying to bring them down? We get it already. You’re boring us to tears. Did you get the memo it isn’t en vogue to be such a hater against them any more? They’re trying and they’re going through a renaissance of their own. One thing Garth is right about, you probably shouldn’t bet against them. They’ll prove you wrong every time. Much like the “Come Back Kid.”

http://internationalliving.com/2011/01/u-s-claims-top-spot-in-ils-quality-of-life-index-2011/

http://internationalliving.com/2010/12/quality-of-life-2011/

#240 Brad in Van on 04.29.11 at 6:57 pm

S.B. basically you should view the U.S. much like a BMW. It isn’t going to be the “best” in any single category, for the most part. But, it is such good to great quality in almost all categories, that it receives a best all around score. Canada would fare better in some of these categories, but Canada would fare far, far worse in many of them.

#241 Nostradamus Le Mad Vlad on 04.29.11 at 7:06 pm


#176 AG Sage — “. . . they would leave Harper in there to eat this crash/decline he’s set the country up for.”

And we’re falling for it, hook, line and sinker. Remember what Harper said in 2005?

#177 fancy_pants — “Welcome to the New World Order. love, VeriChip”

See preceding. It’s all working out quite nicely. Just as Af’stan has loads of diamonds underground, so we have plenty of natural resources, as well as the ME. When will it be our turn to be turfed out of our own country?

#202 GregW, Oakville — Hi Greg. No, I hadn’t seen it but it is clear that Monsanto, along with big pharma and big oil have been given free passes to rewrite the laws of the land for their own greed.

Another reason to dispense with Harper’s con-jobs!

#215 VICTORIA TEA PARTY — “: their glorious leader knows squat about the financial underpinnings that run this country! Shame!”

Hi VTP — see #212 Al’s post. Monday (and thereafter) is going to mess a few sheeples up.

#234 Bruce — To some extent, it already has begun but a good link nonetheless.
*
4:14 clip Ignore the clip, the headline says it better. Solar System Just as election arrives, Voyager exits stage left.

US$ sinking Which is why most other things are rising. Egypt Hmmm. No doubt Israel will be pissed off by this.

Digging A Hole and NWO – BRIC. Throw in depopulation and there’s a nice casserole!

Great Firewall of Europe and US ‘Net censorship.

To have a bigger military, a country needs more illegal immigration plus a draft, and Three Stooges.

Big oil, big pharma and Monsanto “How nice: a country of the large corporations, by the large corporations, and for the large corporations!” wrh.com.

Yesterday, it was Nokia cutting 7,000 jobs. Today Panasonic.

Liars “All the proof you need that you should continue buying Silver…”; 4:28 clip US home prices still declining; 1:46 clip Sin City McMansion 4closures, and Excessive Leverage Too much of anything is bad. Gold and Silver Lifeboats Man, this is one weird world! QE3 Precious Metals vs. the US$. 9:59 clip The Donald gets flamboyant with the F-word re: China.

#242 Brad in Van on 04.29.11 at 7:09 pm

S.B. Canada ranked just above Czech Republic, below Poland, Spain, Uruguay, Greece, South Korea, Iceland, Slovenia, Hungary, and Argentina. See, we really do need to get out more and stop believing all the bullshit we’re being fed around here. You have to stop and ask yourself, “why are they (the media) constantly forcing our high quality of life down our throats?” Well, the answer is simple, because a shit storm is coming and everyone knows it. They have to help hedge the situation by making us feel better about ourselves than what the true matter of the case really is.

#243 Coho on 04.29.11 at 7:12 pm

It’s interesting that on the one hand we tout democracy and democratic principles, yet on the other hand we’re hostile to different views to the point that we have derogatory names for the lefties and the righties, when most of us are probably somewhere near the middle.

This attitude that there is only one “right” way for “responsible” people to vote flies in the face of respecting democratic principles. What most of us really want without knowing it is a benevolent dictator. A fair and even handed and Just ruler, but the term “benevolent” and “dictator” are mutually exclusive on this planet.

This need to throw ourselves at the feet of someone worthy of worship becomes painfully apparent from the coverage of the recent royal marriage. God, are people THAT interested in the marriage of “our betters” or is the media’s enthusiasm over it ten times more than the average person’s? And the American media no less, going gaga over the very royal family whose tyranny the American colonies “broke away” from over two centuries ago. I hope the newlyweds at least waved at the poor people because…well…we liked to be noticed.

#244 realpaul on 04.29.11 at 7:19 pm

#225 LUYM’s…Business interests require me to read a massive number of newspapers and publications every day….including weekends just to keep up with the flow. In additional I am swamped with reports and papers on a myriad of subjects. I feel dreadfully over-informed. I often think it would be nice to be a simple minded worker drone with nothing else to do but purchase an alarm clock… fairly or otherwise…that is not my fate. Being self employed is a far more intellectual exercise than ‘getting a job’. But…not to bitch….I ‘get the big bucks’and don’t mind having to think independantly.

With the overview this access gives persons like myself, it is awfully hard to get hoodwinked by the local rubes. Try reading every international paper every day and see how wide of the mark the CBC oftens lands.

It is no secret that the Toronto media has had the knives out for the Conservatives when the new government put them out of the corridor and into the bsmt. To not understand the dynamic of the Canadian media versus the Conservative government is to not understand Canada at all.

As you have described yourself as a ‘Fox News’ hater….who else doesn’t share your definition of truth? I’ve found through experiance that people who hate FOX also hates Jews, educated professionals, high income earners, high status persons, conservatives and a list of others. Who do you hate and who told you to do so?

#245 David on 04.29.11 at 7:31 pm

No doubt Bay Street hedge fund managers will double down all in with short positions against the Loonie. Those ingrates should be thanking Jack for making the Loonie a hot play this weekend. Never let a good trading panic go to waste.

#246 Carn-ival on 04.29.11 at 7:32 pm

This bubble is so stretched now, probably just about anything will be a catalyst for implosion. Housing accessible once again to Canadian families, not speculators.

#247 Hoof - Hearted on 04.29.11 at 8:12 pm

LOL …….

http://www.theglobeandmail.com/life/home-and-garden/real-estate/video/recipe-for-1-million-home-bidding-war/article2002326/

=====================

Anyway…..
We get Jack-O as PM …and Vancouver has Mayor related to Bethune….with Bethune who looks like Layton.

I can see Flush for Vancouver ……Leftie rape and pillage orgy

Royal Wedding came at a bad time…too distracting for the majority of morons who will ultimately decide our Federal fate on Monday.

#248 Utopia on 04.29.11 at 9:10 pm

#185 prairie gal

Utopia, what is wrong with you? You seemed like such a rational person. What do they put in the water of rural SK to brainwash you people?
———————————————————-

It’s not fluoridated.

Tell the truth though, I am not myself. I pulled muscles in my back and hurt my hip. I got thrown off a horse at a friends place last week when the gal stumbled over some baling wire. I really hate horses you know but I always give in to getting on one and going along for a ride. My own fault I guess. Anyway, I have been in a miserable mood ever since. Can’t sit in one spot too long.

I need a holiday from myself.

#249 All is knowledge on 04.29.11 at 9:15 pm

Jack Layton has to win this election so that he can move back into fancier subsidized housing. This time he will move in to either the Prime Minister’s residence or Stornway the official opposition residence. Either way we taxpayers pick up the tab for poor Jack. Somethings never change and yes he may actually give up his ccm for a Harley. He can now afford it.

#250 All is knowledge on 04.29.11 at 9:39 pm

NEWS :The Toronto Star “The New Democrats went into damage control after Sun News Network cited unnamed sources saying police found its leader Jack Layton naked in a Toronto massage parlour in 1996”. Subsidized housing and taxpayer paid nude massage….this is what you get if you vote for Jack Layton’s NDP.

#251 45north on 04.29.11 at 9:58 pm

realpaul: These are the types …generally….who have the most wonderful idea’s about the world according to the CBC. A world full of give a ways and freedoms…..never imaging where their parents got the money from.

pretty funny

To not understand the dynamic of the Canadian media versus the Conservative government is to not understand Canada at all.

yep

#252 The American on 04.29.11 at 10:24 pm

At #248: I’m sorry to hear that you’ve hurt yourself falling off a horse. I too have done that before, and it sucks. Can you go to your doctor and have it checked out to make sure you haven’t ruptured anything? I thought I was okay too, but I finally mustered up the strength to do it, and I had a ruptured vertebrae.

#253 Frankly on 04.29.11 at 11:10 pm

RealPaul your an idiot – have to be to vote the reform/progressive conservative Harper back in. Right wingNUT job. Wisdom is lost on you my friend.

An idiot is someone who votes the same way and expects change..! What are You?

#254 An Cat Dubh on 04.30.11 at 12:15 am

#248
My niece fell off a horse a couple of weeks after Christopher Reeve did, she only suffered a broken collar bone, we all know what happened to Reeve.
Like The American said, get it checked out. Let’s hope it’s a clean bill of health.

#255 Michelle on 04.30.11 at 4:12 am

At #168-Live Under Your Means

I’m sorry if you thought my post was sarcasm! I have a quirky sense of humour and am prone to hyperbole (hence the “Age of Aquarius” remark).

However I really think Olivia Chow is cute, her sweater did remind me of the clothes my neighbour made, and I too have priced out solar panels but can’t yet afford them. I have however, ordered an “Earth box” to grow vegetables on my balcony courtesy of the “Young Urban Farmers” association in Toronto.

I miss those ’60s days of idealism when people really believed that their individual efforts could help change the world. Everyone’s so cynical and apathetic nowadays :P

#256 Herb on 04.30.11 at 5:47 am

@ All is knowledge

All is not knowledge. All is not even BS. In your case, all is black political propaganda.

#257 The new world — Greater Fool – The Troubled Future of Real Estate | Develogger on 04.30.11 at 7:10 am

[…] posted here: The new world — Greater Fool – The Troubled Future of Real Estate keywords: 300-million, being-lured, decade-ago, excited-tones, grand-vote, human, lefties-still, […]

#258 Utopia on 04.30.11 at 9:01 am

To #252 The American and #254 An Cat Dubh

Thanks guys. Hopefully all will be OK. (it’s only a flesh wound Pa, says the guy who just had his Liver shot out in a nasty battle on the war front). An X-ray might be a good idea right about now though.

You guys have obviously been there. You just can’t get thrown off a horse in an elegant way, no matter what the circumstance. No way, now how.

And it never seems such a height when viewing the risk from ground level but as you will know well, crashing headlong off the back of one is always one hell of a surprise and a wild ride.

I was just lucky she didn’t land on top of me so I can still enjoy counting stars tonight. Now about that election….

Vote Harper! (Swear, I don’t have a concussion)

#259 Soylent Green is People on 04.30.11 at 12:19 pm

So why the sudden push for the NDP, despite the fact that the numbers don’t suggest any big gain?

Pollster Allan Gregg calls it “an unholy alliance with journalists who routinely misconstrue data and ignore margins of error.” And he warns us about putting too much stock in polls. When asked who among the pollsters we should believe, he says:

“Nobody,” says veteran pollster Allan Gregg, an outspoken critic of his own industry and chairman of Harris-Decima, which conducts polls for The Canadian Press. As far as Gregg is concerned, the election campaign has magnified problems with political polling: methodological issues that are skewing the results of both telephone and online surveys; commercial pressures that are prompting pollsters to over-hype their surveys.

http://unseatharper.ca/wordpress/2011/04/im-sorry-but-i-dont-accept-that/