So remember, the next time a bank economist comments that a hike in the GST is necessary, he or she is also quietly asking for a tax cut for their bank.
An obvious shot at TD Bank CEO Ed Clark, who presumably can deny the above statement, or outline all those secret tax cuts he's asking for.
Meanwhile, some Tories are threatening a TD boycott.
When are the Conservatives going to change their party name to "Enemies of Democracy" again? And who takes their banking advice from Dr Roy? Can he even spell bank?
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ReplyDeletetea party at Trost's!
ReplyDeleteThere's something about Brad Trost that just bugs the shit out of me. He always sounds so gossipy and conspiratorial about everything.
ReplyDeleteThe only story worthwhile is this:
ReplyDeleteThe Harper Government's fiscal projections are false. The Harper Government is avoiding the debate on how to erase the deficit by fudging the numbers.
That's all we should ever hear the opposition say. Kevin Page. Kevin Page. Kevin Page...
Everything else is an intended distraction. Iggy is playing by Harper's script here.
Let TD tend to its own. It's far better that way. The more Harper burns bridges with the Canadian Council of Chief Executives, the better.
Interesting that people are making claims, on at least two blogs I've seen, that Harper and Anders are connected with Aryans? Is this an orchestrated smear, or does anyone have actual evidence?
ReplyDeleteThat claim has been removed from here.
ReplyDeleteIt's fascinating watching the Tories go after this. Nobody is taking any issue with what the TD CEO is saying, that taxes need to be raised if the government wants to cut back the defecit, all we're getting from Taylor and co is that he's a LLLLLLLLLiiiiiberal. I hate these people, I really do.
ReplyDeleteEd Clarke is the smartest bank CEO in the Country and doesn't need the hypocritical Tories for one second. He calls em as he sees them...something the Harpercites would never ever do.
ReplyDeleteShiner, that's depressing. I thought the conspiracy-mongering was limited to the morbidly-obese drunk and the prairie cretin BCL referenced here, but to see Stephen "Senior Fellow, Manning Institute for Building Democracy" Taylor cultivating the bubbas' paranoia just makes me sick.
ReplyDeleteHey Taylor, you doughy fuck; if you think cutting the deficit can be done with lower taxes and reduced government spending, why don't you research that and summarise those options for your untutored audience, rather than spend time suggesting conspiracies and labelling anyone who isn't a Conservative "hopelessly partisan?"
Christ, and this after Big Daddy co-opted bragging rights for Canada's sound banking system for the last year and a half.
These people represent a clear and present danger to the rest of us. They really do.
They're financial luddites, terrified of the complexity of economics and public finances. Lower taxes and increase growth, that's as complex as it gets for them.
ReplyDeleteLower taxes and increase growth, that's as complex as it gets for them.
ReplyDeleteAnd why not? That's worked so well for the Americans, after all.
You give them the theory, you give them the data, you give them case study after case study, you remind them that they have front row seats to observe the grandest, longest-running laboratory experiment of every fiscal and social policy known to man and still, they don't learn.
"...you remind them that they have front row seats to observe the grandest, longest-running laboratory experiment of every fiscal and social policy known to man and still, they don't learn."
ReplyDeleteOf course not. The Yankee right-wingnut movement still hasn't figured out their religion doesn't work, so why would their Canadian brethren be any smarter? Friedman and the Austrian School fools are every bit as divorced from economic realities as Karl Marx was when he penned his manifesto. It would be hilarious if the faux-conservative horde that follows this bullshit ever figured out it was really neo-liberal economic policy ...except that they never will and the US economy can go supernova at any time thanks to their lunacy.