Many people are making declarations concerning the Canadian Economy in   
   comparison to the US Economy as the Canada goes into election mode. In reality   
   this is like comparing apples to oranges. The US is one market as opposed to   
   ten markets. This didn't    
   just happen by coincidence. Americans have built a strong, competitive market   
   through many purposeful actions. Below are three examples.   
      
   The Federal Reserve performs functions similar to the Bank of Canada; however,   
   it doesn't live in Washington. The Federal Reserve is composed of 12 regional   
   Federal Reserve banks with only the Head Office being located in Washington.   
   Each regional bank    
   must report on at least 280 economic indicators in its region at least once a   
   month so that the US federal government has a clear, current picture of what   
   is happening in the US Economy. Businesses and organizations who fail to   
   report on the 280 economic    
   indicators to their regional FED are penalized.   
      
   One of the mandates of the Department of Trade and Commerce is to strengthen   
   and make the one market as efficient as possible by promoting competition. To   
   this end the Department has struck down thousands of state laws and   
   regulations which impede the    
   free flow of goods, services, capital and people in the US Market. In   
   addition, it has taken hundreds of state laws before the US Supreme Court and   
   had them declared unconstitutional because they impede interstate commerce.   
      
   Industry and Commerce in the US is regulated by a federal law called the   
   Uniform Commercial Code. The Code standardizes everything to do with trade and   
   commerce that happens within the US Market. For example, all 50 states must   
   use the same Bill of    
   Ladling and the same Warehouse Receipt for the transfer and storage of all   
   goods.   
      
   JL - 23-06-2015   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)