Goddess

How Carney’s forward guidance dented Bank of England credibility Mark Carney bustled into Threadneedle Street in July 2013 seemingly with the intention of stimulating the British economy. On August 7 last year the Bank’s rate-setting committee agreed to introduce “forward guidance”. The policy did not even reach its first birthday intact. At best, it has achieved little. At worst, it has damaged the Bank's credibility.

When you don't view this guy as the second coming of Christ, he's really quite amusing. Here, the man who made all his money outside Canada and is over 90% invested in the US, uses a figurine given to him by Mike Meyers, a man who made all of his money in the US and lives in the US, to warn Canadians about the grave threat the US poses.

** pats you on the head **

He didn't invent or develop it. It was already in wide use. He could have said he "implemented" it, that would have been true. The same as he didn't single-handedly save Canada during the 2008 financial crisis, as he claimed. And he didn't save Britain. Why do you feel the need to lie for him? The Liberals count on their base being incredibly stoopid. They're actually laughing at you guys.

I do. Do you understand that Carney didn't invent it? It was already being used by the US Federal Reserve in 2003-2004. The Fed - What is forward guidance, and how is it used in the Federal Reserve's monetary policy? It's been used for decades:

Carney lies about stuff that is so easy to fact-check. His "fireside chat" on Sunday - he says he invented "forward guidance." He didn't. He was a big proponent of it in England, but it didn't work out very well for them there and now he wants to do it here. I find it interesting that he's betting it all on China - with YOUR money. But betting it all on the US - with HIS money.

I follow an ex-military (US Navy 20 years) advanced human behavioral scientist, Chase Hughes. He has an interesting analysis of the core fear behind someone's consistent use of the insult LOSER. Once you see it, you can't unsee it. The 12-yr-old is a very, very scared little boy, desperately trying to work out a well-defined personal trauma by coming here and chasing you and I around every day. He thinks everyone is jealous of him but it's really just pity. If he is an adult, which I highly doubt, he is a low emotional maturity adult, which makes me doubt his claims of an illustrious military career. Any higher up military person gets there because they have a record of emotional strength, not childishness.

Liberals believe the biggest industry in Canada should be "government workers." You can tell that's what they believe because that's the policies they have implemented.

Oh. That's not really what I was asking about, but OK. It seems this is not quite a "draft" per se. As I showed from the AI information, which I don't really like to use since they are not known to be that accurate.

I know. That's why I asked it as a separate question.

Liberals are currently filibustering in committee so Champagne cannot be questioned about this. Now that Libs have a majority, committees will be mostly useless for holding the government to account.

Not sure your'e correct on this either. Did you check anything out before responding?

Not sure you're correct about this.

What you think Canada will do when the European Ukrainians who are sent back have gone through the meat grinder? Do you think we'll deport them when Zelensky asks us to?

Defend Canada from what? One wants to defend Canada from excessive, expensive, over-regulating government - collective, nation-wide grievances. The other thinks we need "equity cards" to identify and divide up people to determine whose grievances take first place, and who gets a place at the table, with a focus on minorities that make up tiny fractions of the population. The NDP has proven that their preference is to work with the Liberal party, especially if means someone gets their full pension. I wouldn't trust them as far as I can throw them. I'm not sure the NDP understand what the real issues for the majority of Canadians are. And they're not reliable - they're going to swing to whichever side butters their toast more.

I read an opinion piece yesterday that talked about the last election. Poilievre was riding high because Canadians were pretty much united on what the issues were - cost of living, affordability, corruption in the Liberal party and the cover-ups, jobs, the economy, healthcare, immigration levels. The threat was internal, so people banded together. Then Trump started tweeting about the 51st state and tariffs. Now the threat was external. Carney capitalized on this, amplified and inflated the threat. Half of Canadians got distracted by this, while the other half were still focused on our internal threats. Canadians were now divided. The 10-year record of Liberal failure was totally forgotten about. Fear is a great control mechanism and the Liberals are great at using it to manipulate the population. They're still doing it. Carney is still constantly talking about "ruptures", "a dangerous & divided world", the US wants to own us, destroy us, invade us, take us over, middle powers in the world must stand against the larger powers of the world (this has always been the case, it's nothing new.) The article said that using fear this way will only last so long - people will get fatigued of it, emotional manipulation is exhausting on a population. At some point, they will realize the fear was not the threat it was made out to be and that the internal threats are still there. We're not at that point yet. There's still too many Canadians that think our enemy is the US. I don't have confidence that most Canadians will ever figure it out. Also watched this interview with Pete Hoekstra this morning. The US is sitting back and watching Canadians lose their shit with bewilderment. It's astonishing to them that we are basically destroying ourselves. You can disagree with him, but it's always good to get the other side's perspective. They are definitely taking more note of Carney's fear rhetoric about the US and Canadian's reaction to it. I'm not sure how Carney's rhetoric is going to make CUSMA negotiations better. I'm more & more convinced he's deliberately sabotaging them.

Canada doesn't provide actual vote numbers, only percentages, but AI estimates, based on total number of voters (19,813,211 ballots cast): Carney: 8,595,488 Poilievre: 8,113,484 NDP: 2,215,000 Bloc: 1,355,000 Greens: 522,000 PPC: 202,000 More people in Canada did NOT vote for Carney than did. Voter turnout was about 69%, so 30% of Canadians didn't care to vote at all, let alone for Carney.

The debate between Poilievre and Carney in the HoC yesterday is hitting the media, even CBC. Poilievre challenged Carney's economics education and LiberalWorld is losing their minds - "How DARE he?????!!!!!????" Pierre Poilievre says Canadians are being crushed by taxes, debt, housing costs, and grocery prices. Mark Carney says wages are rising faster than inflation, rents are easing, and Canada is positioned for strong growth. Both sides came loaded with numbers. Both say they’re fighting for Canadians. Who’s telling the real story of Canada right now and who’s selling a narrative? I remembered an interview I saw with Poilievre at least a couple years ago now, I can't remember the economist guy he was talking to, so I can't find it. But I remember him talking about government using the CPI index to get its numbers and why the CPI is inaccurate. I didn't understand what they were talking about at the time. So I did some digging on the CPI index today. You can do it too, but I found this substack that explains it quite well. Carney's getting his numbers from the CPI index. (3) Your Raise Was a Lie - Cassius' Substack My question is: Why doesn't the expert economist know this, but the paperboy does? Every year, the government tells you how much richer you’re getting. Your pension goes up. Your tax brackets shift. Your wages get benchmarked. All of it rests on a single number: the Consumer Price Index. That number is wrong. Not by a little. By enough to halve your income gains over the past two decades. This is not a conspiracy theory. It’s arithmetic. Statistics Canada’s CPI has three well-documented blind spots—in shelter costs, spending-pattern differences across income levels, and healthcare quality. Each one causes the official measure to undercount the actual cost of living. Stack all three, and the official CPI (which reached 155 by 2023 on a 2002 base) should have been closer to 201–216. That 46–60 point gap between 155 and 201–216 is not abstract. It’s money. It’s 21 years of pensions that were too low, tax brackets that crept too high, and poverty lines that were drawn in the wrong place. It’s the gap between the economy you were told you lived in and the one you actually experienced. What This Means For You This is not just a statistical curiosity. The CPI is wired into the machinery of Canadian life. When it’s wrong, everything downstream is wrong too.

I'm sure our new Chinese overlords will be benevolent. Plus, we're ok with slave labor encampments in Canada now. No problem!

This is the first Ukraine/Russia topic I could find so I'll put this here. On this round of European tour, Zelensky is requesting that Europe give back their Ukrainian refugees. They're needed on the front lines. "Our armed forces would like them to return unconditionally. Unconditionally because it's a matter of justice." Zelensky says they left against state legislation and Europe must send them back. They must be running out of people to yank off the streets.

The algorithms only spook feed Conservatives. (whatever spook feed is.) Only Liberals get unbiased news. They pay big dollars for it.

What a bunch of liars! We're the BEST in the OECD! Our Liberal government has created the most welcoming business environment in the whole world! Businesses are flocking to Canada! Our taxes are the lowest and the regulations are simple and easy! All hail the Liberal government!

Look at this bunch of liars - Canadian Federation of Businesses. Why would they LIE like this? There is no "tax pressure" in Canada. There are no "complex rules and red tape". 73% of small business have no confidence in the federal government? 🙄 More like 73% of small business owners are ****** liars, right? More businesses are closing than opening in Canada, report finds - National | Globalnews.ca “Canada’s economic foundation is crumbling. Governments need to stop just papering over the cracks and really refocus efforts on policies that improve the small business environment,” said Brianna Solberg, CFIB’s director for the Prairies and the North. Two‑thirds of small firms surveyed by CFIB said they feel unsupported by their provincial governments, with only three per cent saying they strongly believed their government had a clear vision for entrepreneurship. And 73 per cent are not confident in the federal government. More than half (55 per cent) of Canadian small and medium enterprises say they would not recommend starting a business at this time, CFIB said. Businesses cited “high costs, tax and payroll pressures, complex rules, red tape, and ongoing labour challenges against a backdrop of persistent global uncertainty” as the biggest challenges facing them. Red tape disproportionately affects smaller businesses, Lander said.

Food suppliers are adding surcharges to foot the rising cost of fuel. That could mean even pricier groceries - Yahoo News Canada