Thanks Jack, Stephane & Gilles for the political uncertainty & scaring investors & business.

I hope you took your short positions last week. Evil f.cks.

Meanwhile, thanks for the losses in RRSP.

http://www.tsx.com

TSX: 8406.21

RED
- 864.41
- 9.32%


Dion to inform GG he has support to be next PM
Updated Mon. Dec. 1 2008 3:30 PM ET

http://www.ctv.ca/servlet/ArticleNews/stor...#commentSection

Fife reported earlier Monday that the cabinet formed under the coalition would include both Liberal and NDP ministers. The Liberals would take 18 cabinet seats, while the NDP would get six.

Fife also reported that the coalition government would introduce a $30-billion economic stimulus package and roll back $50 billion in planned corporate tax cuts.



This post has been edited by StraightTalk: Dec 1 2008, 01:19 PM

I'd be scared too. Imagine the NDP taking an active role in the federal government. Especially in tough economic times.....

Oh for sure.

Think of the inefficiency.

New cabinet positions and learning curves (especially on what was discussed in the G8 & G20 meetings with countries & central banks).

We will be lucky if the new coalition manages to do anything positive within the first 6 months.

LOL

This post has been edited by StraightTalk: Dec 1 2008, 01:21 PM

With the BQ involvement, they'll be lucky to get anything done.

Unless of course the BQ gets a piece of every pie. Attention: REGISTER / LOGIN to view the image!

This post has been edited by StraightTalk: Dec 1 2008, 01:28 PM

Precisely. Funnel the federal resources into Quebec. They should seriously just piss off already.

Dion represents a Quebec riding too.

Conflicts of Interest at its best.

LOL

Well, Canadian politics just got interesting for a change.
Don't get your knickers in a knot just yet.

Conservatives have 143 seats in the Commons.
They need 155 for an absolute majority.

All Harper has to do, is pull a Mulroney,
and entice 12 right of centre separatist Bloc members/or disaffected Liberals, to cross the floor and join the Conservatives. Boom, Conservative majority, no election required.

This wouldn't surprise me one bit, and the prospect of a majority Conservative government
quite frankly, scares me more than a coalition.

Look out, times are changing fast, regardless.

Why does it scare you?

I am open to objective arguments.

What is the worst that they can do? Make sure to PRIORITIZE based on current global economic crisis though.

It scares me because Harper is slightly to the right of Attila the Hun.
He makes Mulroney look like Tommy Douglas.
Harper would change the landscape of our country so much,
that in 4 years it would be unrecognizable as the country we once knew.

Please explain yourself so called Heroic. What do you mean and what do you have to back up anything you say "Canada will be unrecognizable as a country" after four years

I fully agree in 4 years with a Stephen Harper majority we would resemble the USA after George Bush.

ASS U ME

You obviously do not pay taxes, have RRSPs, or work for that matter (without the Union babysitting you) -- otherwise you too would be up in arms (since the Coalition has already made the TSX go down by 10% today just on bad news alone).

You have no stake at all and you are just hoping for some Coalition government handouts. Attention: REGISTER / LOGIN to view the image!

You should move to Quebec, as your chances of a handout is greater there. LOL

This post has been edited by StraightTalk: Dec 1 2008, 02:09 PM

What union I'm management! Attention: REGISTER / LOGIN to view the image! My investments haven't lost anything today, I think you need a new financial advisor!

LOL

I was speaking for the masses that have RRPS in mutual funds.

I didn't lose anything too.

If you shorted last week, you would have made some money today but most retired people don't short.

And more taxes to business means less profit margins -- you would be a target for layoff too (unless you have special knowledge or skills & add to the bottom line).

LOL

This post has been edited by StraightTalk: Dec 1 2008, 02:15 PM

Here's a great response that I read from someone else:

This amounts to a CONSTITUTIONAL COUP of a democratically elected government. The comparisons to the crisis of 1926, which the current opposition parties claim as precedent is unfounded. In 1926 Canada was still governed by the British North America Act [although I may be wrong on the name], we still flew the British Union Jack as a flag, we didn't have our own national anthem, and we still sang 'God Save the Queen" at any public event. To suggest that after just 7 weeks in office, when parliament has only resumed in the past few weeks, that the opposition has lost confidence in the Conservatives, is nothing more than trying to take away the votes of the Canadian people. The Governor General must allow Canadians to go to the polls again period. If this was any African or third world country and the opposition was trying to change the results of an election weeks ago, the western world would be up in arms at the actions of our opposition parties, particularly with one party of separatists involved in any way shape or form.

It's not the coalition, it's the offical announcement of the recession in the US that caused the stock markets for fall.

http://money.cnn.com/2008/12/01/markets/ma...sion=2008120115

It has nothing to do with the coalition.
If that were the case, the Canadian Coalition also drove the market down in the U.S. and Australia.

Shares tumble after Wall St dives
Australian shares have tumbled in early trade, extending yesterday's retreat, after worries about the US economy sparked steep slides on overseas markets.
http://business.theage.com.au/business/sha...81202-6ozf.html

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