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Dashing Through the Snow Job—Deficit-Slashing 2012: Rod Taylor
While snows deepen on northern fields and our now-unnavigable rivers still course slowly toward the sea, the sea of red ink continues to rise in Ottawa. Our Finance Minister, though, has a jolly way of expounding on how much worse it could have been if Canada had not—with a grim determination and an eye to a prosperous future—faced the economic vicissitudes of recent years with the pragmatic and “flexible” response of borrowing billions of dollars.
It’s an Integrity Deficit: Rod Taylor
The year was 2008. Prime Minister Harper and Finance Minister Jim Flaherty were running for re-election. During the campaign, Mr. Harper said at least 5 times that the Canadian government, under his leadership would not go into deficit. Here were some of his campaign promises:
• “We’ll never go back into deficit” (Oct. 14, 2008 Toronto Star commentary)
Ontario’s debt insanity is worse than California’s
The Globe and Mail – Aug. 25, 2010
Ontario, not unlike California, is going for broke
By Neil Reynolds
Californians pay for electing Democrats and Schwarzenegger
The Daily Crux – August 20, 2010
California sends government workers home without pay
From Bloomberg:
America should default on its debt – Doug Casey
Doug Casey: Several other things almost equally radical should be done besides defaulting on the debt. I recognize that an outright default is most unlikely, but the national debt should be defaulted on for several reasons.
U.S. unions almost dead while NY state robs pensioners blind
Not that many of today’s pensioners don’t bear much of the blame for going along with an idolatrous and transparently super-hyped prophecy cult that predicted perpetual demographic growth and financial prosperity – without contributing to it themselves whether personally or in the discipleship of their own children.
Excerpt from: Gary North’s Reality Check – Issue 970 * June 15, 2010