Musings, opinions and views on various topics, issues, news and sometimes taking the other side of the argument
Friday, November 3, 2017
A Liberal Is Open To All Views - Until One Disagrees With the Liberal View: The New GG Shows Her True "Science" Colours in Belittling Those Non-Believers of Climate Change and Those Who Believe The Universe Was Created Out of More Than a "Random Process"
Maybe our new Governor General had an epiphany of knowledge or answers to such burning questions aboard the Space Shuttle, and was not shy about distributing that
Thursday, October 26, 2017
More of Trudeau's Cozy Cronies (Going Back to his Father) Now Resulting In Canadian Policies
"...The Trudeau government is not the first in Canadian history to view China’s strength and size with reckless excitement, but it is certainly the first to channel this enthusiasm into a policy goal as substantive as free trade. Free trade with China, which Ottawa pursues with a dogged determination they’ve been unable to muster for much else, is marketed as a panacea to alleviate virtually everything that ails modern Canada, from sluggish economic growth to traditional insecurities of “American dependence...”
http://business.financialpost.com/opinion/the-trudeau-government-overlooks-chinas-dangerous-duplicities-just-to-land-a-trade-deal
http://business.financialpost.com/opinion/the-trudeau-government-overlooks-chinas-dangerous-duplicities-just-to-land-a-trade-deal
No Surprise Liberal Politicians Acquitted: Teflon Dons of Ontario Politics
http://nationalpost.com/opinion/chris-selley-both-accused-acquitted-as-nearly-pointless-sudbury-byelection-trial-dismissed
Despite the overwhelming opinion by the "court of public opinion" and several reports of the evidence out there, the two schemers are free of any wrong doing. And The Kathleen will not have been associated come election time next year.
Wednesday, October 25, 2017
Liberal Disregard For Reality and The Spin Machine at Work
As expected and posted previously, the following two opposing articles appeared right after each other on Bloomberg today.
Tuesday, October 24, 2017
Monday, October 23, 2017
Will the Real Canadian GDP Growth Rate, Please Stand Up: We Have Had Enough of "Sunny Ways"
http://business.financialpost.com/news/economy/theres-no-variable-in-the-model-for-nafta-ends
In a case of monetary and political, "he said, she said" both the institutions of the Bank of Canada and the governing Liberal party are to present their outlooks on the economy going forward.
The Bank of Canada, fresh off two rate hikes that surprised most, may have a bias creep into their forecasts in wanting to "justify" those curious hikes with a rosier but but lower end of the "believable" and "expectations" range.
The Liberals, on the other hand, will definitely be painting a picture of "sunny ways" using their Liberal math (please see past posts for past examples) to show that the MULTI-BILLION DOLLAR deficits are not that bad, they can borrow more, they can spend more, buy more votes, etc....until the actual GDP numbers are in. But by then, the election will be in full swing.
Two years into their mandate and two more years (less four days...but who's counting?) to go, the Liberal spending and spin machine will be engaging high gear as the countdown is on for 2019.
However, as noted in the Financial Post article above (and is not being fully appreciated by Canadians), two significant wild cards exist - NAFTA results and the housing market results. Either one of these could provide a sudden shock to any of the forecasts starting tomorrow and throw all views out the window.
The language around contingency plans will be very important to watch starting tomorrow. My fear is, there is not one.
Hello 1.0% GDP, lower dollar, higher deficits, stalled housing market, higher interest rates (they are not coming down), higher unemployment...
(Liberals' sunny ways term highlighted below)
In a case of monetary and political, "he said, she said" both the institutions of the Bank of Canada and the governing Liberal party are to present their outlooks on the economy going forward.
The Bank of Canada, fresh off two rate hikes that surprised most, may have a bias creep into their forecasts in wanting to "justify" those curious hikes with a rosier but but lower end of the "believable" and "expectations" range.
The Liberals, on the other hand, will definitely be painting a picture of "sunny ways" using their Liberal math (please see past posts for past examples) to show that the MULTI-BILLION DOLLAR deficits are not that bad, they can borrow more, they can spend more, buy more votes, etc....until the actual GDP numbers are in. But by then, the election will be in full swing.
Two years into their mandate and two more years (less four days...but who's counting?) to go, the Liberal spending and spin machine will be engaging high gear as the countdown is on for 2019.
However, as noted in the Financial Post article above (and is not being fully appreciated by Canadians), two significant wild cards exist - NAFTA results and the housing market results. Either one of these could provide a sudden shock to any of the forecasts starting tomorrow and throw all views out the window.
The language around contingency plans will be very important to watch starting tomorrow. My fear is, there is not one.
Hello 1.0% GDP, lower dollar, higher deficits, stalled housing market, higher interest rates (they are not coming down), higher unemployment...
(Liberals' sunny ways term highlighted below)
Friday, October 20, 2017
More Morneau...Oh No.
Do you think he had an idea of where the share price was heading after his little love in with the media yesterday?
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