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Thursday, December 25, 2008
Rachel Marsden :: Townhall.com Columnist
Canadian Treasury Gives Detroit A Merry Christmas
by Rachel Marsden
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This past Saturday morning, Canadian Prime Minister Stephen Harper appeared live on national television to give both himself and the voting public a rogering so intense that I was surprised it wasn’t censored as pornography. After holding out as arguably the last truly conservative head of state on the bailout issue, he announced just over $3 billion USD in “repayable loans” (I regretfully gave a friend one of those, once) for American auto makers. $3b for General Motors, $1b for Chrysler, and a credit line for Ford. The only thing missing from the announcement was the post-coital cigar.

“This is a regrettable but necessary step to protect the Canadian economy,” Harper said. So he’s throwing a few million at a company (General Motors) so “broke” that it just opened a $300 million plant in St. Petersburg, Russia.

Two months ago, he was pointing out the idiocy of America’s spending orgy: “We don't need a Parliament that acts and functions like the American Congress…We're not going to get into a situation like we have in the United States where we're panicking and annunciating a different plan every day.”

So what happened? Well, the Liberal opposition party threatened to bring down Harper’s government over the lack of bailouts, and could attempt to do so again, at any time. So Harper reduced the daylight between himself and the opposition Liberals on this issue, and in doing so, tossed away his biggest trump card.

According to an Ipsos-Reid poll, 58% of Canadians oppose the bailout package. Yet Harper, who had a stellar approval rating during (and largely because of) his bailout opposition, has now been goaded into walking right into the Liberals’ buzz saw.

It really wasn’t even that difficult for him to maintain an upper hand on the economic issue. To wit, here’s a glimpse of his competition:

* The Liberal Aboriginal Affairs Critic, demanding bailout money for Native Indians: “During good economic times the Conservatives gutted funding for First Nations, Métis and Inuit. The Conservatives cannot be permitted to use the weakening economy as an excuse to abandon Aboriginal Peoples.” (When did the perpetual bailout of Natives actually STOP?) Continued...

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About The Author
Rachel Marsden is a columnist with Human Events Magazine, and Editor-In-Chief of GrandCentralPolitical News Syndicate.
 
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The Economy Managed by Government?
While the government manages the commonwealth, citizens through their productivity create the economic climate of the nation.

Webster said, "First came agriculture, then all other art and trade.”

Money is a by-product of industry for public credit to represent and transfer value in the exchange for product and service produced. When other markets fail, then back to basics. Money does not fix it; money is worthless without the product of the human hive.

The Liberals, NDP, and Bloc Québécois, are a threat to Canada’s economic stability. The Conservatives have managed Canada as a minority government near 3 years while the liberals have survived thanks to the tax benefits. They cannot manage their own finances and lo, they claim entitlement to manage the nations.

In the middle of a world financial crisis, these, the Liberals, the NDP and the Bloc Québécois play politics, neither contributing nor cooperating. The Big Three Auto Industries need to turn over the business to the workers, and the Unions need to take a walk with their socialist friends.

The PM, Stephen Harper, being an economist knows what is best and is a man of principle concerned for families before political friends.

Mr. PM Stephen J. Harper deals with the problem directly. Do what you know is right and you can be fearless before the world.

I'ts Canadian
Buick built in Canada from 1908 til now and Chevrolet from 1911 til now . GM bought and made it GM of Canada in 1918 ,This would make both of the cars Canadian and our Government has its people in mind not the company . GM builds in 37 countries around the world and if the USA thinks it is the only GM it will lose and trust me that sucking noise will be your gut.
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