Inflation at its highest rates in more than two years

[WWWTT]

The price of gas is inching closer to 1.40/L

Home heating costs up near 30%

Food up

Wow does anybody here really believe that the conservatives or Liberals can help the average family in Canada?

This is the worst news since the recession hit in late 08.

Time for a real change in direction,lets put Canadians ahead of corporations.

Vote NDP

WWWTT

[RNG]

Unfortunately, IIRC the quoted inflation rate is usually excluding energy and food.

And yes, vote NDP and have the economy sink and enjoy hyperinflation.

Edited April 20, 2011 by Charles Anthony
deleted re-copied Opening Post

[cybercoma]

Hyperinflation, really? Hyperbole much?

[M.Dancer]

I am interested to read what you feel would be layton's effect on the world price of oil or the commodities markets.

If you say nothing, you would be correct.

Edited April 20, 2011 by Charles Anthony
deleted re-copied Opening Post

[WWWTT]

Unfortunately, IIRC the quoted inflation rate is usually excluding energy and food.

And yes, vote NDP and have the economy sink and enjoy hyperinflation.

Unproven,unfounded.

100% fear mongering=Harperland.

WWWTT

[punked]

Really what it is saying is it is time to move our interest rate up.

[WWWTT]

I am interested to read what you feel would be layton's effect on the world price of oil or the commodities markets.

If you say nothing, you would be correct.

I am not prepared to share any ideas with you at this time

Let me ask you whats Harpers or Ignatieffs solution?

WWWTT

[WWWTT]

Really what it is saying is it is time to move our interest rate up.

Yep,caused by the irresponsible oil companies who only care about their profits.

WWWTT

[M.Dancer]

I am not prepared to share any ideas with you at this time

:lol:

Let me ask you whats Harpers or Ignatieffs solution?

A solution implies a problem. Inflation is not a bad thing in itself....far worse is stagnation and deflation.

The only solution is to grow the economy, raise our GDP and keep pace. That of course rules out any NDP solution. They only know how to redistribute other peoples money, not create it.

[RNG]

:lol:

A solution implies a problem. Inflation is not a bad thing in itself....far worse is stagnation and deflation.

The only solution is to grow the economy, raise our GDP and keep pace. That of course rules out any NDP solution. They only know how to redistribute other peoples money, not create it.

Exactly. If you can't create wealth you have to print money. Then you get a Zimbabwe or a US in a few years if they don't take drastic action.

[WWWTT]

Exactly. If you can't create wealth you have to print money. Then you get a Zimbabwe or a US in a few years if they don't take drastic action.

So by your definition extracting money from hard working common folks through a monopoly is creating wealth?

I call it robery

Time to vote NDP!

WWWTT

[RNG]

So by your definition extracting money from hard working common folks through a monopoly is creating wealth?

I call it robery

Time to vote NDP!

WWWTT

What monopoly are you referring to?

And they don't extract money from the hard working common folk. They provide jobs for the hard working common folk so they can feed their kids and have the odd beer. And if they didn't create conditions to allow production of wealth, we would all starve.

[August1991]

The price of gas is inching closer to 1.40/L

Home heating costs up near 30%

Higher energy prices benefit Canadians.

Canada is an exporter of energy. We export oil, natural gas and electricity directly but also through energy intensive products such as aluminium, paper and glass.

When the world price of oil goes up, all things considered, Canadians are better off.

Time for a real change in direction,lets put Canadians ahead of corporations.

Vote NDP

WWWTT

Private Corporations are bad? WWWTT, do you favour State ownership of the means of production? IOW, you want to turn Canada into the Soviet Union, Cuba, Venezuela, North Korea. Looks good on paper - all the experts say so, but it doesn't work in practice. Edited April 20, 2011 by August1991

[cybercoma]

What monopoly are you referring to?

And they don't extract money from the hard working common folk. They provide jobs for the hard working common folk so they can feed their kids and have the odd beer. And if they didn't create conditions to allow production of wealth, we would all starve.

This is the disgusting reality of capitalist dogma today. Adam Smith would be rolling over in his grave. They don't just provide jobs for people; people provide labour for the companies. It's a two-way street and that seems to have been forgotten. Sickening.

[RNG]

This is the disgusting reality of capitalist dogma today. Adam Smith would be rolling over in his grave. They don't just provide jobs for people; people provide labour for the companies. It's a two-way street and that seems to have been forgotten. Sickening.

So how'd that shoe factory the CCF opened in Saskatchewan do then?

[punked]

So how'd that shoe factory the CCF opened in Saskatchewan do then?

How'd that auto insurance company the CCF opened do?

[RNG]

How'd that auto insurance company the CCF opened do?

I don't know, but I do know that the auto insurance company the NDP opened in BC is charging me 40% more than I paid in Alberta for less coverage and more user fees.

[August1991]

How'd that auto insurance company the CCF opened do?

I have no doubt that in some circumstances, a single State monopoly will do better than no private enterprise at all. (Consider social housing.)

---

But I object to the ignorance of the OP.

First of all, higher gasoline prices may be bad for consumers, but they are good for workers in energy-intensive industries, for governments who receive energy royalties and for shareholders of energy companies. On balance, Canadians benefit when world energy prices go up.

Norwegians, for example, wisely understand that a higher world oil price is to their benefit.

Similarly, it is foolish for a Canadian government to keep domestic energy prices below world prices. We are wasting at home a valuable resource we could sell abroad. It is like forcing Sydney Crosby to play at home, in a Nova Scotia junior league.

The NDP wants to keep home heating oil prices in Canada low. Norway doesn't do such nonsense. It doesn't force Sydney Crosby or Céline Dion to sell themselves cheap. If Canada has a valuable resource, we should sell it at the world price - and never less.

--

Second, why are corporations considered evil? Corporations organize people together to provide goods/services to customers in a way that maximizes value. All of the relationships are voluntary.

Edited April 20, 2011 by August1991

[ninjandrew]

My problem with corporations is that almost none of the ones in Canada are Canadian. Im open minded and if someone can tell me if its better to have non Canadian corporations running the show I'd like to hear it.

[cybercoma]

Similarly, it is foolish for a Canadian government to keep domestic energy prices below world prices. We are wasting at home a valuable resource we could sell abroad. It is like forcing Sydney Crosby to play at home, in a Nova Scotia junior league.

You're not actually comparing Crosby and Celine's services with heating fuel are you?

[August1991]

You're not actually comparing Crosby and Celine's services with heating fuel are you?

I am. Why should Celine be forced to sing at home in the kitchen when she can sing in Las Vegas in concert? If Canadians have alot of oil or electricity, it is foolish to use this resource at home for cheap when we can sell it abroad for more. To sell home heating oil in Canada below the world price (as the NDP wants) amounts to forcing Crosby to play in a local Nova Scotia league.

[Do I have that right? According to wikipedia, Sydney Crosby is from Nova Scotia.]

[cybercoma]

[deleted]

Edited April 20, 2011 by cybercoma

[Sailor]

When the prices of energy go up, Canadians benefit?

Which Canadians are these? Everywhere I look the cost of everything is higher, inflation is higher, and it's all due to the price at the pumps.

Canadians are suffering. I'm not sure which small fraction of us you're referring to, but as a whole, we are seeing less and less disposable income as those prices rise.

And why aren't our spineless candidates talking about it? The closest we've gotten are vague terms from Iggy and Layton.

[August1991]

When the prices of energy go up, Canadians benefit?

Yes, we do.

If you work in the energy sector, or own energy shares, you benefit.

But Sailor, if you pay taxes/receive subsidies in Canada, you will be happy to know that your governments have another source of revenue.

[BC_chick]

Sailor, on 20 April 2011 - 02:24 AM, said:

When the prices of energy go up, Canadians benefit?

Yes, we do.

If you work in the energy sector, or own energy shares, you benefit.

But Sailor, if you pay taxes/receive subsidies in Canada, you will be happy to know that your governments have another source of revenue.

And if you don't work in the energy sector, or have shares, or receive subsidies, then you don't really benefit, do you?

So a broad statement like "Canadians benefit when energy costs go up" isn't really accurate is it? Only a small portion of Canadians benefit and the vast majority of us... not so much.