From: Canuck57@nospam.com   
      
   On 04/10/2011 9:18 AM, abc wrote:   
      
   > Flaherty again called on eurozone countries to get their fiscal houses in   
   > order and also said he's concerned about provinces in Canada that are   
   > facing mounting deficits and debt.   
      
   Yep, debt and debt fraud is the problem.  Too much government and bank   
   fraud for a good economy.  Inflation pressures due to excessive money   
   print reduce earnings and make investing for jobs and commerce much less   
   attractive.  And yields below inflation and risk, why invest?   
      
   > "As recent world events show, there remains considerable risk and   
   > uncertainty in the global economy, and at home too many Canadians still   
   > remain out of work," Flaherty told reporters at a news conference at   
   > Buster's Bar and Grill, a small business in Ottawa.   
      
   In fact I expect unemployment to rise in real and adjusted terms for the   
   next year or two.   
      
   > The minister said Canada will stay the course on its economic strategy,   
   > that includes such modest fiscal measures as tax credits to spur the   
   > economy, rather than initiate billions of dollars in new stimulus   
   > spending called for by opposition parties.   
      
   Fancy way of saying Ottawa is broke.  And they are. Ontario, Quebec and   
   BC bond offerings go unfilled as rates are too stupid low.   
      
   > Rather, Flaherty said the eurozone situation has shown that ratcheting up   
   > spending and running deficits will hurt, not help, the Canadian economy.   
   > It would take another global recession for the Conservative government to   
   > dramatically overhaul its economic strategy, he noted.   
      
   Best strategy, balance the budget and stop the fraud money print.  Let   
   interest rates creep up, to keep inflation down.  If inflation hits   
   Canada, it means Canada will go deeper into the depression and the home   
   repossessions will bankrupt government and CHMC.   
      
   > "In the absence of an external shock to the Canadian economy, we're on   
   > the right track," he said. "Accumulating deficits and creating a large   
   > public debt over time is the worst thing you can do to an economy."   
      
   Most sense yet out of Ottawa.  Now lets see if it political BS or are   
   they really balancing up, and this includes provinces and cities which   
   are also delinquent debtors especially if they are Liberals or NDP.   
      
   > Although markets remained in turmoil Tuesday, Flaherty said the G-20 is   
   > not preparing emergency measures to stabilize markets and economies.   
      
   J CU PIIIGGGS are broke.  Printing inflationary moneys for debt is self   
   destruction.   
      
   > With the loonie sinking in value, he said the volatility of the Canadian   
   > dollar "is always a concern," explaining there's a flight to the U.S.   
   > greenback because it's seen as a perceived safe haven.   
      
   Tell Carney to stop the fraud money print for debt.  Fact is this IS the   
   source of inflation and low value loonie.  Just too much fraud money   
   print.  If inflation goes too far, watch consumption of goods shrink and   
   related job losses make this a lot worse than it needs to be.   
      
   > Flaherty also said he's concerned about the fiscal situation of some   
   > provinces, including Ontario, and that "these are issues that need to be   
   > addressed."   
      
   No kidding, the bnd "re-issues" of Ontario, BC and Quebec are insane.   
   No one in their right ming lends to these debtor provinces for interest   
   rates below inflation plus taxes plus risk.  Yes, risk, as when was the   
   last time these provinces paid down their debts?  They borrow to pay   
   debt, a debt spiral is well under way.  None even have AAA any more.   
      
   Right now, I don't lend money in an form, no bonds, no CD/GICs...nada.   
      
   > Calling the private sector the "engine of growth and job creation," he   
   > announced a smattering of modest tax measures, including a hiring credit   
   > for small businesses that was already announced in the pre- and   
   > postelection budgets.   
      
   No need for private sector expansion as a rule if the value of peoples   
   income is shrinking due to excessive money print and Carney/BoC currency   
   mismanagement.   
      
   Fact is to have expansion of jobs means a better return rate must exist.   
      
   > But opposition parties insist the government is too flat-footed in   
   > reacting to the changing economic times. NDP finance critic Peggy Nash   
   > said Tuesday the government must take immediate action to stabilize   
   > pensions, fix crumbling infrastructure and formulate a jobs strategy to   
   > get unemployed Canadians back to work.   
      
   Fleabagger parties are just noise, stupid talk by stupid people that   
   know squat about real economics.  Just statism greedy types.   
      
   > She also called on the Harper government to axe billions of dollars worth   
   > of "blind corporate tax cuts" that don't guarantee any new jobs will be   
   > created.   
      
   Cut the taxes or they go offshore.  Hell, even Canadians are moving   
   offshore to envy by the stupid voters and avoid ensuing tax greed.   
      
   > "Canadians are tired of talk and inaction from Ottawa. Canadians are   
   > looking for action," Nash told reporters. "Now is the time to act . . .   
   > The government has been the opposite of nimble."   
      
   Yep, our sister colony Australia is doing better, 5.1% savers interest   
   rates and 5% unemployment with a more stable currency.  But then they   
   don't have a Harvard puppet Carney following the Bernanke Doctrine.   
      
   > The government will introduce omnibus budget legislation Tuesday that   
   > will provide small businesses with a temporary tax credit, among other   
   > measures.   
   >   
   > Under the one-year initiative, the government will cover some of the   
   > costs of small companies' EI premiums for workers.   
   >   
   > In an effort to defray the cost of hiring, a small business will be given   
   > a one-time credit of up to $1,000 against the employer's increase in its   
   > 2011 premiums over those paid in 2010.   
      
   Sounds like an EI tax grab.  Not good.  Maybe get rid of EI?  Doesn't   
   pay enough to keep a home anyway and in reality it subsidy for abusers.   
     Maybe have it directed to a LIRA for employees and employers part to   
   avoid the government skimming and abuse.  If you put EI into the LIRA   
   you can collect, if you haven't, your SOL.  Great abuse prevention.  CPP   
   also should have been done this way from the start.   
      
   > The government believes the credit will allow a small business to hire an   
   > additional worker at a salary of up to $40,000 or two part-time workers   
   > at a salary of up to $20,000 each and would not have to pay additional EI   
   > premiums.   
      
   Sounds like government is getting ready for government to live better   
   and the people to live poorer, like debt-tax slaves.   
      
   > Other budget measures include: expanding tax support for clean-energy   
   > generation; extending the mineral exploration tax credit by a year;   
   > simplifying Canada's tariff legislation to boost trade; extending the   
      
   [continued in next message]   
      
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    * Origin: you cannot sedate... all the things you hate (1:229/2)