February 6, 2009 / 11:24
Great response, Fred.
The Argie's and Jon's will disagree and bring up some lame talking points that Fox News gives them.
Please explain to me how capping the salary of an executive begging for a Government handout is a bad thing?
Please explain how Obama raised gas prices in his two weeks in office.
Bush was in office for 9 months when 9/11 took place and it was Clinton's fault. Obama is in office for two weeks and the rise in gas is his fault.
Obama is not perfect. I don't agree with some of the stimulus package. He is not "the one" or a saviour. He has picked a few wrong people for his cabinet. That is all true. However, he is attempting to get the US back from a pretty dismal period. Instead of hating everything he does why not offer better solutions?
February 6, 2009 / 12:04
Andrew: I actually agree with YOUR post. You correctly point out Obama's slip ups and don't blindly go along the sheep who look at him as the savior and as 'the perfect prez'.
Fiscally, I would like to wait and see before I start attacking him. Just as I don't blame Bush for the downturn in the US economy I won't blame Obama for the continuing downturn nor will I blame him for the slight increase in gas.
What I will attack him on are his horrendous social policies re: the rights of the unborn. I won't go into them again as I'm sure most of the sheep that frequent this blog couldn't care less about the rights of a fetus (whether it be 8 weeks or 8 months old),
February 6, 2009 / 12:33
It is weird to agree with you, Argie.
We share the same stance on the rights of a fetus (to some extent). I don't agree with abortions (especially after 8 weeks) and I do think there should be laws to prevent them used a birth control.
February 6, 2009 / 12:55
I can't believe how polarized the politics in the US is. Best example was the mess in voting in Florida during presidential race in 2000. The hatred that spews from Hannity, Limbaugh and other radio/tv commentators is quickly disturbing. Before the US starts piking us apart I would take care of the third world country and racism that is still in the US.
February 6, 2009 / 12:56
I believe you will see the folly of the socialist agenda as laid out by comrade Obama and his troops half way into his term. This is a disastrous socialist attempt to fix the ills of a global economy. Just ask Bob Rae.
February 6, 2009 / 13:12
"Before the US starts piking us apart I would take care of the third world country and racism that is still in the US."
----------------------
I agree racism is still quite prominent in the US. After all, 98% of black voters voted for Obama, mainly because of the colour of his skin. That's racism right there.
BTW, what does the 2000 Florida voting issue have to do with race?
February 6, 2009 / 13:12
I suspect if one could find out all the details, they would find that people who supported Bush to become Prez also benefitted by oil prices and munitions.
February 6, 2009 / 13:15
"I believe you will see the folly of the socialist agenda as laid out by comrade Obama and his troops half way into his term."
Why resort to calling him comrade? And where are your solutions to an obvious crisis?
" suspect if one could find out all the details, they would find that people who supported Bush to become Prez also benefitted by oil prices and munitions."
This is a left wing nutbar answer to everything about Bush. A lot of his supporters would not benefit from such claims. This is no better than saying Obama pals around with terrorists.
February 6, 2009 / 13:29
Andrew, my solutions?? Why are they bailing out these floundering companies and their inept CEO's. Let em sink!! That's what capatalism is all about. I am sure also if you look at what is in the stimulus package you would shake your head at some of the freebees given out(pardon the pun) but millions of dollars are being given to prop up the bee industry and that's just one that I know about.
February 6, 2009 / 13:54
I am actually not a supporter of giving out freebies to bail out companies. However, I know that if they all sink the havoc it would cause would cripple the economy and makes things far worse than they are now. I don't have a better solution. I wish I did.
February 6, 2009 / 14:22
Speyside Phil,Andrew; I read with interest your posts and do agree on a number of points, however if you were to look a little more closely at this "stimulus" pkg. you would see some of the miss leading and down right lies as to how this will be applied.There is over 400 billion going to outreach programs ie ACORN. This will not stimulate anything, the first trillion in bail out money is now out there and no-one knows where it is or how it was spent" that is just criminal" You are right in saying that if a company is in financial trouble because of bad management and miss use of funds it should be allowed to fail.The thing to realize is it will not just disappear the assets will be sold off and an investor or group of investors will pick it up rehire some people and start making widgets again. I would dearly love to see Frank Stronak buy up Chrysler and make a real go of it, (that would stop a lot of the naysayers), and it would truly a Canadian Co. All in all I will watch to see what happens with this stimulus pkg. I really hope it does not affect us too much in a negative way.....Steve
February 6, 2009 / 17:13
Fred said that we're doing "A lot better than Americans."
We are? Hmm, let's see about that. Oh yes, we have 'health care'. It's not free and it is no where complete. Ask anyone that has no medical insurance in Canada and must rely on the tiered system that we now have. OHIP no longer covers a whole whack of things that now to be paid by insurance or out-of-pocket by the patient.
Not sure what reality you speak of, but it's not most people's reality.
Lets add to that rising jobless numbers in Canada during this worsening economic climate.
Jobless Numbers May Mean More Stimulus
"Faced with the mounting unemployment, Flaherty said Thursday he's "open to the possibility" of adding to the stimulus measures announced in the budget, which amount to $40 billion over two years."
http://tinyurl.com/desjmk
Federal budget overly optimistic about economy, size of stimulus: budget officer Page
"Canada's parliamentary budget officer is casting doubt on the federal government's rosy projections in the budget, saying the recession will likely be deeper than expected and Ottawa's stimulus package smaller and less effective."
http://tinyurl.com/b99wk3
Canada could lose 325,000 jobs this year: TD Bank
"Canada could lose as many as 325,000 jobs this year, sending the national unemployment rate soaring to almost nine per cent, according to Toronto-Dominion Bank.
Canada already lost 84,000 jobs in the last two months of 2008 as a recession took hold.
The bank says the economy is now entering a more perilous period."
http://tinyurl.com/buydwd
And while you're at it Fred, check out this website. It speaks to poverty levels in Canada. We are not better than Americans and a lot of people do not have a better standard of living in this country than Americans.
http://tinyurl.com/amdxpe
I know. I know. You'd rather your opinion that what really is. You probably still think that there is a left/right paradigm too. Ah, Fred is bliss.
February 6, 2009 / 17:52
Freddie, good post, spot on.
What everyone in the US needs to get their heads around is that they're all in deep. Left or Right wing. Anybody that is politically polarized be it thinking Obama is the saviour, or thinking he is the anti-christ are in for a cold dose of reality... he's neither. The country got into this mess as a whole, it'll only get out of it as a whole.
Blunt Force Trama, You make no sense... nowhere does Freddie say we're perfect, not do I think anybody in their right mind thinks Canada is perfect. You examples identify problems in Canada, and nobody can deny them, but we're still better of than our brothers to the south. Not great, but better.
February 6, 2009 / 18:32
Fred and Andrew:
Like anyone, I'm not terribly fond of being called ignorant, especially
by someone not affected by what's happening. I disagree with your take
on this, Fred, and I have been with the "loving you" for years. It is
absolutely your right to disagree. But I admit I am disappointed at
your falling back on that word. I frankly expected and hoped better
from you.
I have always spoken highly of Canada (except for the socialized
medicine--6 months for an MRI is absurd and don't tell me it doesn't
happen). I have NEVER used that word to describe Canadians. You might
ask Howard about that.
Andrew: First of all, I do not accept 'talking points' from ANYONE.
We don't know each other, so I couldn't expect you to know that. I
guess you'll just have to trust me (or not). Like Fred, I claim the
title "independent thinker".
I will explain: Capping a salary for those particular CEO's is not, on
the surface, a bad thing. I cannot and will not defend their atrocious
management. Where it becomes a problem is that this is the first step
for those who wish to control income levels and salaries and
redistribute wealth. You've heard the term 'slippery slope' and this
is how the slide begins. After the public accepts this, they will
accept more, little by little, until they no longer have control and
will HAVE to accept it, because the government is too big to stop.
As for gas prices, Obama and his party have made it very clear that
they would like higher gas prices so people will be FORCED to drive
less. Whether he is actively pursuing that right now or not, the
perception is what is giving the oil companies the excuse to raise
prices, which had PLUMMETED in the past 6 months of the Bush
administration, which, admittedly, did little about it. You can call
it coincidence, but the timing is very suspect.
September 11th WAS Clinton's fault, because he had MANY chances to have
Bin Laden on a platter and refused to do it, because he was too busy
getting a hummer under his desk from a fat chick. I don't have time to
list all the literature on this subject, but it's very clear who failed
the American people in that regard, and it wasn't GWB.
I am pleased, however, that you don't agree with the so-called
"stimulus package", which is really only stimulating if you are among
those poor people who voted for Obama and supported his agenda. To
those of us who work for a living, it's appalling and contains FAR too
much pork and virtually no job creation or actual stimulus of any kind.
Congress does the pork thing better than anyone and it's a load of crap
one both sides.
I could offer a myriad of better solutions, but I do not have the gift
of a mesmerist such as Obama. He's much better at telling people what
they WANT to hear rather than the actual truth. (Again, politicians in
general do that, but few are better than he is)
And with all the people he is appointing (not to mention his VP), what
is Obama's term if not "Clinton III".
Change my ass.
Finally, I'm sorry if I think socialism--straight up socialism--is a
bad idea. I guess my 'ignorant' mind is clouded by the fact that it
has not worked ANYWHERE in the world and to try it here would ruin not
just this country, but all of North America in the fallout.
February 6, 2009 / 18:35
Hey Jon, the "ignorant" part and fat cat Conservatives was not directed at you, it was directed at Limbaugh and Hannity who constantly piss on Canada. I said right off the bat that I appreciate your input, and actually I found your posting intriging, that's why I shared it with my readers.
February 6, 2009 / 20:48
HOW TO FIX THE ECONOMY... without burdening the hard-working taxpayer with deficits that WILL HAVE TO EVENTUALLY BE PAID BACK... and the interest clock is running!
Do nothing. No bailouts; no massive big-liberal-government programs, (hiding under the guise of 'stimulating packages!') Yeah, that 'package' is only going to screw the taxpayer up a canal that was designed for elimination only.
Simply wait. While people are JUSTIFIABLY sitting on their savings right now,(despite the looney braying of those who say, 'spend-spend-spend!'), items will wear out.
Items such as appliances, vehicles, TV sets, you name it.
When that happens... demand will rise, and people will buy again... pumping money into the economy in a natural manner, (without any gov't spending of tax-dollars and the resulting deficits).
For example; the auto fat-cats; who due to mis-management (and fat union contracts) should be culled out. Let 'em go broke.
When the demand rises for vehicles again... a new, lean and well-run company will spring up. "Evolution" as applied to the economic sector.
And the best part is... the TAXPAYER doesn't get hit with massive deficits that their kids and grandkids are going to have to pay back down the road.
February 6, 2009 / 21:18
Jon:
Your claims of government intervention the price of oil are outright stupid.
Gas prices (like oil prices) tend to run parallel but not always. The price of gas and oil on the spot/futures market is set by traders. These "markets" exist in the USA and outside the USA. A little difficult for Bush to rig prices. Lately, the spot price of gas has increase about 25 cents. That means prices at the pump. If Bush was into oil, why has the price fallen 70% in the past year ?
Now I know I'll hear about Bush and his oil buddies. What none of you seem to grasp is that EIGHTY percent of the worlds oil industry is..GOVERNMENT OWNED. Mexico, Venezuela, Russia, most of the middle east. How can Mr Bush have influence on them? So we're left with 20% of the oil industry. Shell is a Dutch controlled company. BP? Oops, British Petroleum, head office? London UK. Another large Free Market player ? Petro Canada. Guess where they are from? So how does Bush have control of the oil industry when almost all of it IS NOT AMERICAN.
Thirdly. The US imports 70% of it's oil. Each time it buys imported oil, it gets a barrel and sends money elsewhere. Let me quote Boone Pickens "It will be the largest transfer of wealth out of the US in the history of mankind". Wow, seems odd the president would want to send 700 billion USD out of the country every year. And if you find those numbers questionable, they're the words of Boone Pickens. He's 80, he's from Texas, and is the greatest oilman in the history of America. He BUILT the industry.
So again, clarify how Obama and Bush have this control
---
Socialism: Do Sweden, Germany, Denmark & Norway fit into the "socialist failures?". They have a standard of living equal or HIGHER than the United States ? How could this be?
Back in the early 90s, the Wall Street Journal called Canada a "northern banana republic" Why? Our country had a debt of 550 billion and a deficit of 40 billion.
So lets do the math, let's just multiply by 10..so to be a "Banana Republic" America would need a debt of 5.5 trillion and a deficit of 400 billion. If that's all it takes then wow, you Yanks have REALLY did a stellar job. Your deficit will run 1 TRILLION dollars in the coming year and your debt stands at 10.7 trillion dollars as I write this.
Congrats dude. The USA is a banana republic. And that's the truth because hey..the Wall Street Journal is a American publication so it must be right.
February 6, 2009 / 22:12
Jon from (near) Buffalo.
Spot on Sir. Socialism does not work, I truly believe it should be banned in all sense of the word. Could we not pass legislation?
Right Uppercut
Also spot on Sir: your so very right in my mind anyway. Bail outs are a bad thing. To tell you the truth If Mr. Harper had a strong majority I don't think you would have seen one. I think you would have seen a very smart and tight budget with little spending and a small surplus. If anything a very small deficit.
Fred: I agree that guys like Limbaugh are the problem with the U.S.
So for the sake of argument let us all give Mr.Obama a chance. He has only been in office for a couple of weeks.
all we can do is give him a chance, lord knows hes going to be around for a while!
Great posts and debates by all.
February 7, 2009 / 11:10
Fred, I don't know what to say. I do know that I see the same old whiners on here, spewing to same old points, but again with no new solutions. Capitalism, does not work, proof in the pudding. (USA) Socialism does work. (Sweden, Germany,France,Denmark & Norway)
I do love your response though!
February 7, 2009 / 14:06
Staunch capitalists are having difficulty comprehending the fact that unfettered capitalism is not perfect and can be a serious detriment to society. Devout communists struggled with this realization themselves with respect to their own ideology. In the United States, ideological beliefs have become as precious to people as their religious beliefs, so the retreat of the whore known as the unregulated free market will not happen over night.
Jon - if you wish to take "The Path to 9/11" as fact feel free. But you can't change reality. If you choose to grasp on to stories suggesting state sponsors of terror wanted to give up Bin Laden, then you do deserve the ignorant moniker.
February 7, 2009 / 20:54
Mike from Lowville:
SOCIALISM/COMMUNISM DOES NOT WORK.
Where is the USSR now, for example?
On the scrap-heap of history.
Capitalism works... and it has the methods to bail itself out during hard times, (and should use those methods instead of running to spend-happy govt's, for sure!).
Communism did not have any hope... so no wonder that sad and deadly experiment from 1917-1991, (over 100 million people killed in the gulags), is thankfully... GONE.
And the countries you name (Sweden, Germany,France,Denmark & Norway), as 'shining bright' examples of socialism are MORALLY bankrupt.
Rampant drug use, sodomy, AIDS, too many children growing up without a father... very similar to the problems faced by inner-cities in North America, I agree... and the governments of most of those cities are...?
Socialist. Toronto's David Miller, for example.
February 7, 2009 / 23:41
Please do yourself a favour and study the differences between socialism and communism. It makes it difficult to take your arguments seriously when you imply the two are interchangeable.
Saying that countries like Sweden are morally bankrupt makes you sound like Fred Phelps.
February 8, 2009 / 10:42
The countries Right U-C mentioned as morally bankrupt also have the highest numbers of suicides in the world along with alarming rates of abortions and euthanasia.
On the surface, socialism sounds fair and equal but in many examples it breeds a society of laggards and tends in squash ingenuity and ambition.
I don't want to live in a country like that, thank you.
February 8, 2009 / 12:21
" tends in squash ingenuity and ambition" Tends, is the biggest weasel word I know. Mikey, thanks for pointing that out to Right Up-her! I would like to know how "Capitalism has the methods to bail itself out during hard times" without the socialist intervention from governments (the people)and the reasons why that is not implemented!!
February 8, 2009 / 12:52
Yes, it's easy to prove any point as long as you have assumptions and made-up facts to back you up.
Argie - please provide proof of your claims. Fine, I'll just inform you of the truth. The top 3 countries in the world in terms of suicide rates are former Soviet republics. That's right, countries that moved from communism (not socialism) to capitalism. Also, just to make sure you get the point, Venezuela has a suicide rate less than half that of Canada or the United States. You'll also find your claims about abortion and euthanasia are simply not true.
Iran sounds like the country for you. Morals handed straight from god to its leaders.
February 8, 2009 / 14:51
A Guy Named Irvine said:
"Let me quote Boone Pickens "It will be the largest transfer of wealth out of the US in the history of mankind". Wow, seems odd the president would want to send 700 billion USD out of the country every year. And if you find those numbers questionable, they're the words of Boone Pickens. He's 80, he's from Texas, and is the greatest oilman in the history of America. He BUILT the industry."
Really. Now then, you'll have to explain as to why Mr. Pickens is championing wind farms and has been since early 2007? Google that one. Anyway....
It isn't odd at all that $700 billion leaves (you used "sends" - weird word) the US each year and that this is happening as you cite that 70% of the 21 million barrels per day that US consumes in oil is imported. Where else would that money go but to those that are supplying the product that are not in the US? What do you suggest, that the money stay in the US and that the US get the oil for free?
Here, read up:
http://www.israpundit.com/2008/?p=1839
February 9, 2009 / 02:49
Mike From Lowville and Mikey:
It is important to point out that regardless of the social system; whether fascist, socialist, capitalist, or communist; the underlying mechanism is still money, labor, and competition. They are sub-cultures and all are basically corrupt.
February 9, 2009 / 10:17
What is it the say about "insanity"? Doing the same thing over and over again and then expecting a different result?
February 9, 2009 / 11:12
The US is in big trouble.
Led by the oil and car industry which are tightly tied together.
It's been coming for years.
No President can be blamed.
The US is run by self interest groups from all over.
I put some blame on G. Bush as he's from Texas the oil state and he invades the 2nd or third largest oil country.
I agree with someone who said some of his backers have shares in companues that make weapons and other war supoorting industries.
No one in TV or newspapers would survive a look at that...not even Michael Moore.
February 9, 2009 / 11:18
BFT: I agree with you, but I think the corruption does not come from the underlying mechanisms themselves but from the humans in charge of them.
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Motive 2
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November 24, 2010 / 05:46
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November 26, 2010 / 00:55
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November 26, 2010 / 08:08
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November 26, 2010 / 17:43
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