Harpers Stimulus 30 Billion - Obama 1 trillion dollars

[whowhere]

Obama is about to wipe out Canada's perceived wealth over his presidential term. He is fully prepared to run trillion dollar deficits and he will then be more than happy to buy Canada's oil with his printed money all the while Canada's dollar will still be traded lower than the US dollar. Holy Batman talk about raping and plundering Canada.

All Canada can do is be the stupid Country it is but with the Conservatives at the Helm need I say more.

For Every Dollar the US prints Canada is to print the money proportionally. That is the only way all things will be equal. That means if Obama injects a trillion, Canada injects 100 Billion being that we have 1/10th the population.

Not doing this will ultimately be to Canada's detrimant. Of Course if Canada were to do this it would go to Useless Banks, Useless Government workers, and special interest groups which provide no intellectual value to Canada.

Because of this Canada will continue to slip behind the world as China, India, Europe and the United States will leave Canada in its dust.

The reality is Canada doesn't have what it takes to be a good productive contributing Country to the world picture. All Canada has is elitists money whores who Jack up their incomes and exploit everyone around them. That is the Canada the conservatives built.

Not worry money whores Obama is about to make your money worthless.

[White Doors]

For Every Dollar the US prints Canada is to print the money proportionally. That is the only way all things will be equal. That means if Obama injects a trillion, Canada injects 100 Billion being that we have 1/10th the population.

wow. People graduate High School with the ability to make such fundamentally flawed conclusions?

[Jerry J. Fortin]

There is some truth in the statement though. If Canada lags behind other nations in its efforts to stem the tide of economic downward spiral, then we will likely lose some of our market shares to nations that have reacted differently. Its all about the ability of the private sector to compete. It is that competition that is relevant in the greater scheme of things.

The entire key being the cost and capacity of productive capabilities. Currently we are losing both jobs and productive efforts to nations with lower productive costs, and the only way out of that little problem is to respond in kind with lower production costs. We have an edge in raw materials so we can avoid some of the initial expense, and we have a well developed transportation system to move resources into and production out of the nation. What we need is a greater development of our secondary industries to produce more goods for consumption and we need to do that with lowered production costs. Given that labour is a large component of that cost, it is an issue that needs to be addressed. We cannot simply lower our wages because that has an adverse impact on lifestyles and the cost of living is already high enough to restrict the ability of our own citizens to purchase and consume goods to form the internal or domestic consumption of goods that is the basis of any economy. What we can do is eliminate to the extent technologically possible the labour component of the equation with advanced automation and the use of robotics for as much of our productive effort as we can.

The other strategic method would be of the political nature with the elimination of regressive taxation that would serve to increase both personal and business disposable incomes that would allow to a greater degree the freedom to consume more expensive value added production of domestic nature. We need a buy Canadian policy and stacked menu of goods and services that are domestically produced and delivered to accomplish this.

[Huston]

Interesting. Peter Schiff (on his radio show, and tells people to get out of USD, and one of the alternatives being the CAD) was asked a question regarding the Amero. And he always pushes such things off. Saying, why would Canada give up their dollar when it is only the USD that is going to collapse. If Canada does try to keeps its dollar lower than the U.S., I guess that would make Canada adopt the Amero, as the CAD will be even more worthless. Although, Schiff did say that all the currancies world wide are sabatoging their own currency for the sake of the USD. Which he said was also stupid.

[whowhere]

Interesting. Peter Schiff (on his radio show, and tells people to get out of USD, and one of the alternatives being the CAD) was asked a question regarding the Amero. And he always pushes such things off. Saying, why would Canada give up their dollar when it is only the USD that is going to collapse. If Canada does try to keeps its dollar lower than the U.S., I guess that would make Canada adopt the Amero, as the CAD will be even more worthless. Although, Schiff did say that all the currancies world wide are sabatoging their own currency for the sake of the USD. Which he said was also stupid.

Apparenty China has 1.3 trillion in US treasury Bills. China is making noise it wants its money. The question is where is China going to move this money. If anyone knows, put your money in that Currency because its going to be pushed up up up up and the US dollar down down down. Logic dictates that shift is likely going to be the Euro. For that reaseon Canada needs to tell the US to fak off and begin serious trade talks with Europe.

They will be interested we have lots of natural gas. Canada has to embrace the winds of change that will preserve Canada. Dealing with Europe is Canada's best choice.

[Oleg Bach]

Canada is no more lost with out the United States than China is lost with out them. We really don't need them - we can return to a by gone era and fend for ourselves as China will in time give up their polluted new found silly wealth - China was better off growing rice and happier I am sure. America is corrupt - as our courts send back military deserters...and for what - being good? - that's sick...kissing American mafia butt and making those with morals and conscience crimminals..when the reverse is true .................If we want to be a noble nation and lead the world...American money should not lower our moral standards or the rule of real law....Right now our banking sector has big bad brother America by the short hairs - we are in control!

[Martin Chriton]

Obama is about to wipe out Canada's perceived wealth over his presidential term. He is fully prepared to run trillion dollar deficits and he will then be more than happy to buy Canada's oil with his printed money all the while Canada's dollar will still be traded lower than the US dollar. Holy Batman talk about raping and plundering Canada.

Hmm, you complain that Harper isn't doing enough to stimulate the Canadian economy. Then complain that Obama is going to do it for him (that is buying Canadian goods).

What are you really mad about?

[bush_cheney2004]

.....Right now our banking sector has big bad brother America by the short hairs - we are in control!

Sure you are...with a rock solid economy smaller than California's. Funny, but the corrupt Americans don't read or worry about Canadian "control".

[gordiecanuk]

I'm wondering if the $30 Billion deficit figure isn't just a trial balloon. You know how all goverments (both Lib and Cons) will put out 'feelers' suggesting a doom and gloom scenario...then when the real news actually hits, it wasn't as bad as anticipated.

If we're hit with a $10 billion deficit after anticipating $30...I'm thinking many Canadians will say "phew...that wasn't as bad as I thought it was gonna be, maybe Harper's on the right track after all".

[Mr.Canada]

Our entire Canadian economy is about $1.5 Trillion dollars. The OP doesn't know what he's talking about just ignore him please. $100 BIllion deficits every year would bankrupt Canada in two years. $100 Billion deficits sounds like Layton's Plan.

[Smallc]

$100 BIllion deficits every year would bankrupt Canada in two years.

I sincerely doubt that, but at the rate Harper is going, we might get the chance to find out in a couple of years.

[Mr.Canada]

I sincerely doubt that, but at the rate Harper is going, we might get the chance to find out in a couple of years.

The Coalition was formed because initially Harper wasn't going to run a big enough deficit. Did you forget that? Nice try smallc.

[Jerry J. Fortin]

The Coalition was formed because initially Harper wasn't going to run a big enough deficit. Did you forget that? Nice try smallc.

Nonsense, the coalition was formed because Stevie the Wonder Prime Minister wanted to kill the political financing that gave life to the opposition parties in Canada. That was the only thing that brought them onto the same page to start with. After the initial discussions, they found other areas of agreement, but that is where it started.

[HistoryBuff44]

Obama is about to wipe out Canada's perceived wealth over his presidential term. He is fully prepared to run trillion dollar deficits and he will then be more than happy to buy Canada's oil with his printed money all the while Canada's dollar will still be traded lower than the US dollar. Holy Batman talk about raping and plundering Canada.

All Canada can do is be the stupid Country it is but with the Conservatives at the Helm need I say more.

For Every Dollar the US prints Canada is to print the money proportionally. That is the only way all things will be equal. That means if Obama injects a trillion, Canada injects 100 Billion being that we have 1/10th the population.

Not doing this will ultimately be to Canada's detrimant. Of Course if Canada were to do this it would go to Useless Banks, Useless Government workers, and special interest groups which provide no intellectual value to Canada.

Because of this Canada will continue to slip behind the world as China, India, Europe and the United States will leave Canada in its dust.

The reality is Canada doesn't have what it takes to be a good productive contributing Country to the world picture. All Canada has is elitists money whores who Jack up their incomes and exploit everyone around them. That is the Canada the conservatives built.

Not worry money whores Obama is about to make your money worthless.

if nations would stop trying to control exchange rates and just let the market handle it then a good portion of this trade imbalance problem would not have come about.

it is a rediculous myth that canada's currency should be worth 20% less than america's and I do agree that trying to keep it there would wreck us, so why do it?

how are rich people expoiting everyone around them? seriously its like people get mad at successful people because they are successful... but thats socialists for ya, equal results for all no matter how much effort you put in. And then they sit and wonder why canada cant compete with the more productive countries.

[Wilber]

Nonsense, the coalition was formed because Stevie the Wonder Prime Minister wanted to kill the political financing that gave life to the opposition parties in Canada. That was the only thing that brought them onto the same page to start with. After the initial discussions, they found other areas of agreement, but that is where it started.

Not really, certainly they were pissed about that but to take over government on that issue alone would have been totally self serving. Their alleged complaint was that Harper's financial update wasn't acting quickly enough to try and energize the economy (read deficit) while they pointed at other governments who were in the process of shoveling billions to their banking sectors to try and keep them above water and start lending again as well as planning massive stimulus programs.

[Smallc]

The real problem was, they knew that they could not trust Harper. I see no reason why they should.