One of the reasons I won't be voting for Harper: Economic record

[Smallc]

And we started to recover before the CPC got its majority and steered the ship into an iceberg.

That is also...an interesting revision of more recent history.

[On Guard for Thee]

The gst was the first major flub.

[Smallc]

The gst was the first major flub.

The GST got them elected.

[blueblood]

You are free to enlighten us.

Ill let the national post do that as per my link

[On Guard for Thee]

The GST got them elected.

No, actually it got us into deficit.

[Smallc]

No, actually it got us into deficit.

It was one of the reasons that they beat Martin in 2006. It's too bad really. I think Martin would have been a better leader if given the chance.

[jacee]

Harper's travel ban

Does this include business travel?

Is this just a smidgen over the top?

A few Canadians may travel to countries to fight with ISIS.

So no Canadians are allowed to travel to those countries at all: It's a criminal offence!

And of course, Harper chooses which countries we can't travel to.

This.is.f'n.sicko.

The man is losing it.

.

[On Guard for Thee]

Harper's travel ban

Does this include business travel?

Is this just a smidgen over the top?

A few Canadians may travel to countries to fight with ISIS.

So no Canadians are allowed to travel to those countries at all: It's a criminal offence!

And of course, Harper chooses which countries we can't travel to.

This.is.f'n.sicko.

The man is losing it.

.

First of all I don't think even Harper is stupid enough to actually try and enact such a law, (although I say that with some hesitation) First of all it is way outside the charter and what he blabs he is trying to achieve has already been done with existing law. So it's another flail at a vote grab. And if he did actually get the chance to try to deliver on it, I can see lot's of travellers such as myself, just going to work getting hung up in some spiders web of nonsensical legal bullshit that would just waste time and cost money. Oh I forgot...we are talking about Harper.

[Smallc]

The charter says that you are free to enter and leave Canada. This doesn't offend that in any way. Australia has a similar law, and has had much success with it.

[On Guard for Thee]

The charter says that you are free to enter and leave Canada. This doesn't offend that in any way. Australia has a similar law, and has had much success with it.

In any way? Are you kidding? It totally offends the charter.

[TTM]

As for banking regs, i remember flaherty making a big deal to tell people in canada not to over leverage themselves.

http://www.financialpost.com/m/wp/blog.html?b=business.financialpost.com//personal-finance/mortgages-real-estate/ottawa-cuts-mortgage-amortizations-to-25-years

LOL. You do realize the one of first thing the Conservatives did on coming to power was to loosen mortgage rules to 40 years, 0 down. They then spent the next several years after the recession (which they denied was happening, and which was caused largely by loose mortgage rules) slowly tightening the lending rules back up and hoping no one noticed. Apparently they largely succeeded. That does not make them good managers of the economy

www.macleans.ca/politics/ottawa/jim-flaherty-vs-mortgage-amortization/

[blueblood]

LOL. You do realize the one of first thing the Conservatives did on coming to power was to loosen mortgage rules to 40 years, 0 down. They then spent the next several years after the recession (which they denied was happening, and which was caused largely by loose mortgage rules) slowly tightening the lending rules back up and hoping no one noticed. Apparently they largely succeeded. That does not make them good managers of the economy

www.macleans.ca/politics/ottawa/jim-flaherty-vs-mortgage-amortization/

They had to tighten up the rules as rock bottom interest rates (which started this mess in the usa) were inticing people here to make stupid decisions in regards to their homes. When the tories made loosened up those rules in 2006 they mistakenly looked at a "booming" housing market and wanted in on the action not seeing the forest for the trees. I would say catching a mistake makes before it gets too bad is pretty good management to me. At least they quickly put a stop to that! Sadly canadians are quite indebted these days...

One important regulation that has been around for ever is that canadians cant walk away from mortgages and are on the hook to pay them.

[TTM]

They had to tighten up the rules as rock bottom interest rates (which started this mess in the usa) were inticing people here to make stupid decisions in regards to their homes. When the tories made loosened up those rules in 2006 they mistakenly looked at a "booming" housing market and wanted in on the action not seeing the forest for the trees. I would say catching a mistake makes before it gets too bad is pretty good management to me. At least they quickly put a stop to that! Sadly canadians are quite indebted these days...

One important regulation that has been around for ever is that canadians cant walk away from mortgages and are on the hook to pay them.

While rock bottom interest rates don't help, it was the loose rules that were the main problem. Most of the housing bubble/debt was run up under the loose rules--rules tightened up back to 25 years 10% down, and the problem largely went away (meaning it stopped getting rapidly worse, not that housing debt disappeared), despite the fact we still have rock bottom rates.

I remember when the rules were loosened as I was looking for my first house, and having conversations about who would be stupid enough to do a 40 year Mortgage. Unfortunately the world is full of stupid people.

The governments job is to see the forest. And four years a dribble at a time is not quick action.

Edited August 11, 2015 by TTM

[msj]

While rock bottom interest rates don't help, it was the loose rules that were the main problem. Most of the housing bubble/debt was run up under the loose rules--rules tightened up back to 25 years 10% down, and the problem largely went away (meaning it stopped getting rapidly worse, not that housing debt disappeared), despite the fact we still have rock bottom rates.

Your memory ain't so great: one can get CMHC insurance with 5% down.

The rules also allow for use of lines of credit, rebates and "gifts" from family members so many people are buying homes with almost 0% down once closing costs are considered.

[TTM]

Sorry, 5%. Are still some loopholes, but also tightened borowing against equity, maximum gross debt service ratio, and probably some other rules. Doesn't change the basic point.

[msj]

Sorry, 5%. Are still some loopholes, but also tightened borowing against equity, maximum gross debt service ratio, and probably some other rules. Doesn't change the basic point.

Look up Home Capital Group and fraudulent brokers.

The basic point hasn't changed because the basic point was wrong to begin with: Canada has been lax in our lending practices for a long time now.

[PIK]

Going to other countries to train to kill the non- believers offends me. And why would anyone want to go to these countries. Maybe as tourists so we can spend a fortune to get them back. If you going over to work as humanitarians ,then you can. If the other 2 lead like we hear form people here, this country is doomed.

[Argus]

It was one of the reasons that they beat Martin in 2006. It's too bad really. I think Martin would have been a better leader if given the chance.

Are you forgetting that the title "Mister Dithers" was applied to him by the media, not by the Conservatives?

[Smallc]

Are you forgetting that the title "Mister Dithers" was applied to him by the media, not by the Conservatives?

He has no idea how to govern in a minority. I was almost exactly ideologically aligned with him though.

[drummindiver]

So mUch is made of Angry Toms remark. here is some context. It's gratifying to see Angry To. Made a liar, yet again. http://business.financialpost.com/fp-comment/william-watson-oops-mr-mulcair-you-just-flunked-recession-historyhttp://business.financialpost.com/fp-comment/william-watson-oops-mr-mulcair-you-just-flunked-recession-history

[waldo]

So mUch is made of Angry Toms remark.

please sir... you are a most egregious MLW rule breaker in your continued use of that pejorative. I trust no one will report you!

.

[drummindiver]

please sir... you are a most egregious MLW rule breaker in your continued use of that pejorative. I trust no one will report you!

.

As Angry Tom is a public figure, the use of that pejorative is quite legal and acceptable. In fact, it's even true..unlike the lefts favourite pejorative of dictator for Harper.

[waldo]

As Angry Tom is a public figure, the use of that pejorative is quite legal and acceptable. In fact, it's even true..unlike the lefts favourite pejorative of dictator for Harper.

again, I trust no one reports you... please accept a friendly waldo reminder from the MLW rules:

Do not use diminutives or character substitutions in proper names that are not recognized by the original person to whom the reference is being made. For example, Prime Minister Stephen Harper does not identify himself as Stevie therefore, it is unacceptable to identify him as Stevie. Likewise, Paul Martin does not identify himself as Mr. Dithers, therefore, it is unacceptable to identify him as Mr. Dithers. In the discussion forums, such infractions will be considered as third-party insults.

[drummindiver]

again, I trust no one reports you... please accept a friendly waldo reminder from the MLW rules:

thank you. I stand corrected. Hopefully, as you say, no one reports me. Somehow I doubt it

I will refer to him as Mr. mulcair from now on.

As I'm sure your brethren will refer to our PM as Mr. Harper.

See? Easy peasy.

[PIK]

I am tired of martin being called genius, when anybody could do what he did when the world economy was moving along nicely . But he was able to fix the tax rules to save his shipping company money. And I find it funny how liberals are upset with Harper calling Justin, Justin ,when the liberals branded him that way. And smiling tom should go back to be a natural angry tom, his smile is to fake.

Edited August 12, 2015 by PIK