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The fear factor

Nicola

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Interesting outside view about the election and Stephen Harper from the Economist:The fear factor
Oct 9th 2008
From The Economist
print edition


Why Stephen Harper does not deserve to be dumped


4108LD3.jpg
IT IS not easy to be a successful Conservative in Canada. Perhaps it is the effect of living next to the United States. Perhaps it is because the country was founded on the collectivist principles of “peace, order and good government” rather than the individualist “life, liberty and the pursuit of happiness” of its neighbour. Perhaps it is because the things that Canadians most value about their country are its publicly run health service, its European-style welfare state and its tolerance. All are associated with the Liberals, who have been the natural party of government in Canada for the past century. To cap it all, conservative ideas of deregulation and unfettered free-market capitalism have been brought into disrepute by the financial turmoil south of the border.

So perhaps it is not surprising that the hopes of Stephen Harper, Canada’s Conservative prime minister, of endowing his minority government with a parliamentary majority at a general election on October 14th may end up being dashed. At first his decision to call the election looked shrewd, as the Conservatives raced to a lead of 15 percentage points in the opinion polls. Then the Wall Street panic got going. Canadians began to worry that Mr Harper was not doing enough to protect them. His poll lead has been cut by almost half. Unless he bucks the trend he could even lose power.

That would be unwarranted. It was a surprise when Mr Harper won the last election in January 2006, ending a dozen years of Liberal rule. Few pundits imagined that he would survive longer than a year. That he has governed for 32 months is a tribute to the political skills of an underestimated man. He does not offer a soaring vision of radical change. Canadians have not warmed to him: he comes over as a bloodless control freak. But he is hardworking, and a skilled parliamentary tactician. He governs a rather successful country that needs incremental improvement, not a revolution.

Mr Harper promised Canadians some modest measures. Some of these were sensible. Others, such as the cut in the sales tax, were not. But he got most of them done. He patched up Canada’s relations with the United States, which had deteriorated. His decision to keep Canadian troops fighting in Afghanistan was unpopular, but he was careful to ensure that it was backed by leading Liberals. He has increased defence spending, which shows realism in a country that lays claim to a large chunk of the disputed Arctic.

Mr Harper’s political home is in the west, in oil-rich Alberta where they like their politicians in the carnivorous mould of Sarah Palin. In office he has tried to woo eastern Canada, dropping his previous opposition to abortion and gay marriage, and recognising French-speaking Quebec as a “nation within a united Canada”. But his inner oilman has won out when it comes to the environment, an important issue in a country that is both a heavy carbon-emitter and especially vulnerable to climate change. Stéphane Dion, the Liberal leader, bravely proposes a carbon tax, which he claims would be revenue-neutral. Simply to rubbish this as a “crazy” idea that would “screw everybody”, as Mr Harper has done, shows a disappointing lack of leadership, and is grounds enough to deny the Conservatives a majority. In fact another minority Conservative government would not be a bad result for Canada: neither of the main party leaders has done enough to persuade Canadians that they deserve untrammelled power.


The first credit-crunch election

If the voters go further and eject Mr Harper, that, sadly, will not be because they have been convinced by the cerebral Mr Dion’s worthy carbon tax. It will be because the opposition—a gang of four, comprising the socialist New Democrats, the separatist Bloc Québécois and the rising Green Party as well as the Liberals—has succeeded in panicking the voters on the economy (see <a href="http://www.economist.com/opinion/displaystory.cfm?story_id=12380857">article). And yet, in a sinking world, Canada is something of a cork. Its well-regulated banks are solid. Growth has slowed but not stopped. The big worry is the fear that an American recession will drag Canada down with it.

Mr Harper says, rightly enough, that his government has taken prudent measures to help Canada weather a storm it cannot duck: he has offered tax cuts and selective aid to help vulnerable manufacturing towns. But it is his seeming non-reaction to what is so far a non-crisis that looks likely to deny him the majority he was seeking, and could even let in the opposition. In what is the first credit-crunch election in a big Western country, Mr Harper’s ejection would set a dispiriting precedent that panic plays better politically than prudence.

http://www.economist.com/opinion/displayst...ory_id=12381439
 

wealthyboomer

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Recession or not, Canada is in a way better position now than if Harper was PM in 2003 when he wanted Canada to go to join an illegal war in Iraq. Imagine what our national debt would be now if that had happened. So far he has only robbed the elderly, pension funds, etc, by lying and taxing their income trusts.
 

Stephen1151

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Great article....I am very worried about the real estate i own in alberta if a liberal govt gets into power...I really am worried that this carbon tax will be like a nationalizing of out energy that would cause real estate to go down in price....

does anyone else share these concerns?
 

Thomas Beyer

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QUOTE (stephen @ Oct 10 2008, 12:35 AM) Great article....I am very worried about the real estate i own in alberta if a liberal govt gets into power...I really am worried that this carbon tax will be like a nationalizing of out energy that would cause real estate to go down in price....

does anyone else share these concerns?

Absolutely, that is a REAL concern. Especially given the fact that global warming will continue regardless of Canada`s action as it is 98%+ not man-made but based on solar cycles and ocean currents that affect the global weather pattern. It is just now that we can measure those ocean currents and getting higher atmospheric temperature readings to show that CO2 is a result, not the cause of global warming, due to NATURAL causes. Greenland is called "green" because it had little ice 1000 years ago .. and both poles had time periods with almost no ice. The effect of solar cycles, ocean currents or "god" is not liked by many eco-warriors that see global warming as a last frontier against "big oil" and "big corporations" ! (see www.solarcycle24.com , for example)

Liberal or NDP leaders will be a desaster for the Canadian economy, including Alberta`s of course.

But, in times of uncertainty like ours right now, "the government" is asked to play a bigger role, i.e. bank bailouts, more regulation, lower minimum wages, .. usually through higher taxation eventually .. thus: less economic activity, less jobs, higher deficit, thus higher interest rates !
 

DonCampbell

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The sad part is that the parties know that FEAR makes people make poor decisions - so they are stirring up the fear, making the economic situation WORSE by doing so. No, why would anyone vote for someone who wants to DESTABILIZE a country in time of turmoil.

YES what they used to call global warming and they now call climate change (that way it can be argued either way) is an issue that will affect what is going on in the world. But a system of trading carbon credits, or taxing the big bad corporations (read: employers of the majority of Canadians) isn`t going to do much more than provide OPTICS for those proposing such. Everyone was FOR the carbon tax in BC - until it came in and actually added expense to the average consumer (gas, autos, environmental levies) and now the same people who wanted it are saying that the government were crazy to implement it. Do you think the same thing would happen on the national stage - OF COURSE it will. Someone pays the tax at the end of the day - and at the end of ALL lines in an economy are the consumers of the goods (you and I).

Here`s an idea, let`s start looking at how we can all reduce our consumptions. Turn off those extra lights, turn down the thermostat (or program it it do it for you), turn off the TV (imagine how much energy that would save if we all just shut of the TV for a couple of days a month). Here`s another thing to consider - how about if we all just started to PAY ATTENTION to what we eat and where it comes from. Why do we insist on buying specialty apples from some other country when we grow perfectly good ones right there (think how much carbon that would take out of the air). It is NOT just the big bad corporations who create carbon, they create carbon to provide you and I with what we demand... if we didn`t demand it there wouldn`t be any profit in it and they wouldn`t make it. How many miles does YOUR food travel to come to your plate, can YOU make a difference by paying more attention to the distance your food travels ABSOLUTELY! A lot more than more government regulations.

The "GREEN SHIFT" has to come from you and I not some government theory. Consolidate your trips to the store, while there, look at where the product came from (and choose local or closest to you!), read books on "Food Miles" and if you really want to know what`s behind the curtain read The Omnivore`s Dilemma: (http://www.amazon.ca/Omnivores-Dilemma-Natural-History-Meals/dp/0143038583/ref=sr_1_1?ie=UTF8&s=books&qid=1223667415&sr=1-1) a book that will change your life and change how you think about `what`s behind the curtain` on all of these announcements and why it would be EASY for us to make a difference.

I just wish the public would look around a bit, not buy into horrible rhetoric and boil down to the facts - we need economic stability before we can afford the billions and billions of dollars of programs that these politicians are promising.

By the way, increasing taxes is NOT going to help stimulate the economy - it will slow it down. Does anyone really believe that adding more taxes is actually going to be `returned to the people` as some of these leaders are spouting. Come on, who are they fooling (sadly more than ever).

Grab October 10th (Friday`s) National post and see the start of an important series on "Fundamentally Speaking" (page A8 in my paper) The series begins with Don`t fall prey to the `prophets of doom.` They are just trying to manipulate us into making decision based on emotions not facts.
 

EdRenkema

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QUOTE (thomasbeyer2000 @ Oct 10 2008, 02:52 AM) Absolutely, that is a REAL concern. Especially given the fact that global warming will continue regardless of Canada`s action as it is 98%+ not man-made but based on solar cycles and ocean currents that affect the global weather pattern. It is just now that we can measure those ocean currents and getting higher atmospheric temperature readings to show that CO2 is a result, not the cause of global warming, due to NATURAL causes. Greenland is called "green" because it had little ice 1000 years ago .. and both poles had time periods with almost no ice. The effect of solar cycles, ocean currents or "god" is not liked by many eco-warriors that see global warming as a last frontier against "big oil" and "big corporations" ! (see www.solarcycle24.com , for example)
Liberal or NDP leaders will be a desaster for the Canadian economy, including Alberta`s of course.

But, in times of uncertainty like ours right now, "the government" is asked to play a bigger role, i.e. bank bailouts, more regulation, lower minimum wages, .. usually through higher taxation eventually .. thus: less economic activity, less jobs, higher deficit, thus higher interest rates !


I totally agree, the global warming issue is simply fearmongering. Leading geologists point to data that show these cycles occurring before current (past 20 yrs) theorists began raising the alarm. A carbon tax is simply playing on those fears while in reality it will have a devastating effect on the economy in general. But will demand for oil dry up as a result? Probly not, and as far as RE values, investing for cashflow in areas with strong economic fundamentals is key (as always). The carbon tax will hit the transportation of goods hardest with an additional tax on diesel fuel (ie: Trucks=big polluters=evil) resulting in a higher cost of goods. Will people then be buying less food to survive-again probly not. People will
be using more public transportation, so invest in areas that have good public transportation infrastructure.
 

EdRenkema

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QUOTE (DonCampbell @ Oct 10 2008, 08:44 AM) The sad part is that the parties know that FEAR makes people make poor decisions - so they are stirring up the fear, making the economic situation WORSE by doing so. No, why would anyone vote for someone who wants to DESTABALIZE a country in time of need.
I just wish everyone would look around a bit, not buy into horrible rhetoric and boil down tothe fact - we need economic stability before we can afford the billions and billions of dollars of programs that these politicians are promising.

By the way, increasing taxes is NOT going to help stimulate the economy - it will slow it down. Does anyone really beieve that adding more taxes is actually going to be `returned to the people` as some of these leaders are spouting. Come on, who are they fooling.


They might be fooling
a lot of people. Hopefully not the majority
style_emoticons
 

CargrenInvestments

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QUOTE (thomasbeyer2000 @ Oct 10 2008, 01:52 AM) Absolutely, that is a REAL concern. Especially given the fact that global warming will continue regardless of Canada`s action as it is 98%+ not man-made but based on solar cycles and ocean currents that affect the global weather pattern. It is just now that we can measure those ocean currents and getting higher atmospheric temperature readings to show that CO2 is a result, not the cause of global warming, due to NATURAL causes. Greenland is called "green" because it had little ice 1000 years ago .. and both poles had time periods with almost no ice. The effect of solar cycles, ocean currents or "god" is not liked by many eco-warriors that see global warming as a last frontier against "big oil" and "big corporations" ! (see www.solarcycle24.com , for example)

Good Post, Thomas. I agree totally that "global warming" is caused only in a small part by man. What everyone forgets is the known scientific fact that N America has gone through several ice ages in the last 10,000 years, so ice then thaw then ice and thaw again (you mentioned Greenland). What was man doing then? Ah, too many bonfires roasting-mammoth parties, eh! Set an ice cube on the table and it will last for quite a while, but one it reaches a certain point the melting process speeds up exponentially. And I think this is where we`re at right now.

At the same time, I believe that we should be good stewards of our environment, and as such, many of the current "green" trends are a good thing, for many reasons, just not all the ones promoted by many.

QUOTE (thomasbeyer2000 @ Oct 10 2008, 01:52 AM) Liberal or NDP leaders will be a desaster for the Canadian economy, including Alberta`s of course.

But, in times of uncertainty like ours right now, "the government" is asked to play a bigger role, i.e. bank bailouts, more regulation, lower minimum wages, .. usually through higher taxation eventually .. thus: less economic activity, less jobs, higher deficit, thus higher interest rates !

I also find it amazing how the parties promoting the idea that the answer is to impose some type of "carbon tax" to come up with more funds for programs, enabling tax cuts (or not), tend to avoid mentioning that the taxpayer still ends up paying for it! Companies that incur higher costs due to a carbon tax is not going to suck it up; they will just pass it on to the consumer one way or another.
 

GarthChapman

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We should all be concerned about these issues.

So we should all vote on Tuesday and exercise our right to have our say. Those who don`t vote don`t have much right to complain about the results. So get your oar in the water on the most important decision we`ll make this year - who will form the next Canadian Government?
 

nzztz1

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Totally agree with the Global warning stuff Thomas. Earth has been through these cycles in the past many times-even worst than what so called experts are all predicting for us. When you take things out of context it can become interpretive. The writer is in control of your emotions in any story.

Don`t get me wrong , I agree we should treat this planet like we are part of the bigger plan and not like we were placed here to rule over everything and when it becomes troubled pack our bags and leave for another planet. That is disrespectful. We need to understand that we are a part of everything and respect same. We co exist and play an integral part in all of this.

Some people have agendas in "green" corporations and that is really the inconvenient truth. Everything is not really what it seems to be-fear mongering is the play to control. Fear is what is being used to rule. Democracy has a definite life time. Reality check-

Any way Just received my Quick Start package on the Rein System and started reading. What a fantastic set of CDs. I can`t put them down. Loaded with information. I have just finished the first 3 CDs this week. After listening, I can only wish to join the sessions live now. There was a lot of enthusiasm and know how with the speakers. I am truly enjoying the CDs. Some of the stuff I have learnt by lurking on this forum but everything is great so far. i am hoping to complete the CDs by the end of the month. I am really busy with my day job and normally beat by the end of the day when I get home.

Any way this is a truly good experience-disconnecting the BS on the news from the real and convenient truth on real estate investments. My mother always told me what goes up must come down and vice versa- that life is about maintaining balance. My grandmother always said don`t worry about the glass being half full or half empty. Once the bottle is close by, there is no need to worry. Always believed in my Grand mother. Half empty means that the opportunity to full it is there.

Thanks all for everything I have been able to pick up on the forums and thanks for the great information in the quick start program. Only wish I could attend a live course some day. maybe next time it is TO.

Cheers
Oz
 

mortgageman

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While I`m pretty sure we`re seeing evidence of a large scale climate change the cause is certainly up for debate.
But, as a kid, I distinctly remember looking at a copy of my dad`s National Geographic from the early 80s that had a cover story about an impending ice age.
It seems we`ve gone 180 degrees in 25 years.
 

Stephen1151

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QUOTE (DonCampbell @ Oct 10 2008, 07:44 AM) The sad part is that the parties know that FEAR makes people make poor decisions - so they are stirring up the fear, making the economic situation WORSE by doing so. No, why would anyone vote for someone who wants to DESTABILIZE a country in time of turmoil.

YES what they used to call global warming and they now call climate change (that way it can be argued either way) is an issue that will affect what is going on in the world. But a system of trading carbon credits, or taxing the big bad corporations (read: employers of the majority of Canadians) isn`t going to do much more than provide OPTICS for those proposing such. Everyone was FOR the carbon tax in BC - until it came in and actually added expense to the average consumer (gas, autos, environmental levies) and now the same people who wanted it are saying that the government were crazy to implement it. Do you think the same thing would happen on the national stage - OF COURSE it will. Someone pays the tax at the end of the day - and at the end of ALL lines in an economy are the consumers of the goods (you and I).

Here`s an idea, let`s start looking at how we can all reduce our consumptions. Turn off those extra lights, turn down the thermostat (or program it it do it for you), turn off the TV (imagine how much energy that would save if we all just shut of the TV for a couple of days a month). Here`s another thing to consider - how about if we all just started to PAY ATTENTION to what we eat and where it comes from. Why do we insist on buying specialty apples from some other country when we grow perfectly good ones right there (think how much carbon that would take out of the air). It is NOT just the big bad corporations who create carbon, they create carbon to provide you and I with what we demand... if we didn`t demand it there wouldn`t be any profit in it and they wouldn`t make it. How many miles does YOUR food travel to come to your plate, can YOU make a difference by paying more attention to the distance your food travels ABSOLUTELY! A lot more than more government regulations.

The "GREEN SHIFT" has to come from you and I not some government theory. Consolidate your trips to the store, while there, look at where the product came from (and choose local or closest to you!), read books on "Food Miles" and if you really want to know what`s behind the curtain read The Omnivore`s Dilemma: (http://www.amazon.ca/Omnivores-Dilemma-Natural-History-Meals/dp/0143038583/ref=sr_1_1?ie=UTF8&s=books&qid=1223667415&sr=1-1) a book that will change your life and change how you think about `what`s behind the curtain` on all of these announcements and why it would be EASY for us to make a difference.

I just wish the public would look around a bit, not buy into horrible rhetoric and boil down to the facts - we need economic stability before we can afford the billions and billions of dollars of programs that these politicians are promising.

By the way, increasing taxes is NOT going to help stimulate the economy - it will slow it down. Does anyone really believe that adding more taxes is actually going to be `returned to the people` as some of these leaders are spouting. Come on, who are they fooling (sadly more than ever).

Grab October 10th (Friday`s) National post and see the start of an important series on "Fundamentally Speaking" (page A8 in my paper) The series begins with Don`t fall prey to the `prophets of doom.` They are just trying to manipulate us into making decision based on emotions not facts.


Great Article Don...I wish we could all pitch in put this article in the front page of the National post or the Globe and Mail....If the masses of people realized this they would run from this fraudulent tax scheme
 

wealthyboomer

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QUOTE (mortgageman @ Oct 10 2008, 08:12 PM) But, as a kid, I distinctly remember looking at a copy of my dad`s National Geographic from the early 80s that had a cover story about an impending ice age.
Was that the article next to the pictures of the naked pigmies?
style_emoticons
style_emoticons
style_emoticons
 

wealthyboomer

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Generally, as in past elections, when the economy is doing well, the party currently in power gets re-elected. When the economy was doing badly, people would elect a different political party.

This will become interesting on October 14th, as Western Canada seems to be doing well, while middle and eastern Canada are suffering. Could this mean that the Conservatives will receive most of their votes from Western Canada, while the rest of Canada votes either Liberal, NDP, Bloc, or Green?

Plus factor in the current Global Credit Crisis, and that might even change the concerns for Western Voters.
 

GarthChapman

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So who would we prefer to have the keys to the Hen House?

1) Dion, the `honest but misguided fox` who would remove the food from the productive hens so they could no longer lay eggs and thereby impoverish the Hen House, while Dion then re-distributes that food to the ones not laying so they could remain as they are and not be motivated to learn to grow their own food, all in the mis-guided belief the the re-distrbution of the food would somehow create cleaner air in the Hen House and indeed, on the whole farm (even though the Hen House comprises only about 2% of the farm).

2) Layton, the `pretend champion of hens fox` who would take most of the eggs from the productive hens so they could not continue to raise enough new chicks to make the farm healthy and prosperous and growing, so they would then have to move away to Hen Houses on other farms, leaving Layton with a nearly empty Hen House and wondering who to blame for the failure of the whole farm.

3) Harper, the rooster who actually understands hens, but who admittedly doesn`t look all that good on a horse when riding around the farm, but who, using his education and experience as an Economist, will continue to encourage all the hens every where in the Hen House to lay lots of eggs, and will leave more of the eggs with the hens each year so they can improve the Hen House and thereby the farm. All this even while the other farms in the area are failing because they allowed the foxes to be in charge of their Hen Houses.
 

wealthyboomer

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If the Conservatives want increased voter support, they should have kept their accountability and democratic reform promises instead of violating the public trust.

The key question is whether any federal political party leader wants to be a leader in the area of government accountability and democratic reform, or are they as committed to being a misleader as Conservative Prime Minister Stephen Harper has proven himself to be.
 

CargrenInvestments

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QUOTE (GarthChapman @ Oct 11 2008, 09:13 PM) So who would we prefer to have the keys to the Hen House?

1) Dion, the `honest but misguided fox` who would remove the food from the productive hens so they could no longer lay eggs and thereby impoverish the Hen House, while Dion then re-distributes that food to the ones not laying so they could remain as they are and not be motivated to learn to grow their own food, all in the mis-guided belief the the re-distrbution of the food would somehow create cleaner air in the Hen House and indeed, on the whole farm (even though the Hen House comprises only about 2% of the farm).

2) Layton, the `pretend champion of hens fox` who would take most of the eggs from the productive hens so they could not continue to raise enough new chicks to make the farm healthy and prosperous and growing, so they would then have to move away to Hen Houses on other farms, leaving Layton with a nearly empty Hen House and wondering who to blame for the failure of the whole farm.

3) Harper, the rooster who actually understands hens, but who admittedly doesn`t look all that good on a horse when riding around the farm, but who, using his education and experience as an Economist, will continue to encourage all the hens every where in the Hen House to lay lots of eggs, and will leave more of the eggs with the hens each year so they can improve the Hen House and thereby the farm. All this even while the other farms in the area are failing because they allowed the foxes to be in charge of their Hen Houses.

Hey, Garth, I wish you`d just come out and say who you`re voting for... I hate this guessing part...
 

Savard

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What ever happened to Global Cooling? Seriously, when did people stop buying this concept? This really concerned me in the 80`s. David Suzuki was hard selling this concept and I understand his massive home in Vancouver was paid for by the proceeds of his good salesmanship. Any insights on why people stopped buying Global Cooling would be appreciated.
 

srousseu

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To follow up on Don`s post on eating locally, I have just finished Animal, Vegetable, Miracle by Barbara Kingsolver, which is a fantastic book on eating locally. It really struck a chord with us living here in the Arabian Desert importing food from all over the place. Part of our "Belize" is now a couple of acres with a huge organic garden, fruit trees....

Regards,
Scott Rousseu
Dubai, UAE
 
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