Another sign of the times… As is this desperate move.
Daily Archives: December 16, 2008
Across the country, aunts and step-dads are braving crowds to get their hands on the perfect gift for the relatives they barely know.
Great. In the latest installment of Stephen Harper’s ever-changing position on the economy, he now feels that a depression is a possibility. But not to worry! ‘Cause we’ve learned lots of stuff since then.
Stephen Harper has delivered his bleakest forecast yet for the Canadian economy, warning yesterday the future is increasingly hard to read and conceding the possibility of a depression.
“The truth is, I’ve never seen such uncertainty in terms of looking forward to the future,” the Prime Minister told CTV News in Halifax.
“I’m very worried about the Canadian economy.”
When asked whether a depression might be possible, he answered:
“It could be, but I think we’ve learned enough about depression; we’ve learned enough from the 1930s to avoid some of the mistakes that caused a recession in 1929 to become a depression in the 1930s.”
Why am I not filled with confidence at anything this man says? In the space of one short month, he’s gone from predicting small surpluses, to a potential depression, and since vowing during the election that, under no circumstances would the Conservatives ever run a deficit, he now glibly says, “Obviously, we’re going to have to run a deficit.” Well, obviously. Duh! By the way, the month prior to that, Harper had said: “My own belief is if we were going to have some kind of big crash or recession, we probably would have had it by now.”
Aside from his economic flip-flopping, on the other topics discussed with CTV Atlantic’s Steve Murphy yesterday, Harper continues to be arrogant (you can judge for yourself here) and completely unrepentant. “Asked repeatedly whether he regretted unveiling a fiscal update that would have financially crippled the opposition parties, while saving roughly $27 million a year, Harper said he had acted in the best interest of Canadians.” Yeah, that worked out real swell there, Steve.
John Bird and John Fortune brilliantly (and sad to say, accurately), describe the workings of subprime derivatives and the mindset of the investment banking community in these two satirical interviews.
It should be noted that these are from the fall of 2007.
Leading apiarist Dennis vanEngelsdorp looks at the bee’s crucially important place in nature and agriculture, as well as the mystery behind its alarming disappearance.
A now famous quote (often falsely attributed to Einstein for some odd reason) states that, “If the bee disappears from the surface of the earth, man would have no more than four years to live.”