Showing posts with label wedge issues. Show all posts
Showing posts with label wedge issues. Show all posts

Tuesday, May 18, 2010

Bank Tax

See media full of Canadian government Cabinet Ministers 'globetrotting' around the world campaigning against a bank tax to cover future bailouts...

Let's see...our government opposed a bank tax because our banks did relatively well during the recession. Hmmmm...as if doing well means one should not take steps to protect a whole industry/economy to ensure problems don't arise again.

Seems this is a case where our government is once against pitting folks against each other. The 'folks against each other' are now the banks in Canada and elsewhere. In this age of globalization what affects one financial sector seems to affect all financial sectors worldwide. Should all banks participate in providing necessary resources to help bail out any future difficulties? Or should governments, like ours, continue to appeal to nationalistic sentiments suggesting that 'our" banks shouldn't be asked to help out other banks?...

Of course bank profits have been rising rapidly in recent months. My own particular bank made $1.3 billion in just 90 days some time ago.. they are so so hard done by!!

"us against them" seems to be a mantra of the current federal government.

Thursday, February 4, 2010

Parliamentary Stuff - Master Wedgers

So the government is proposing a modification to parliamentary schedule in March and April... how 'wise' of them.

To think if they were less 'wedge'-oriented... they would have not prorogued parliament, removed much of the anxt out there about them, prevented all the wonderful activity of January 23, and likely still be ahead in the polls.

The idea of making up some of the lost time makes sense but even cannot erase bad feelings about the prorogation. This 'making up time' idea seems like an attempt to recoup some lost 'political points'.

But my senses is it's too late. Canadians have seen the last few weeks how quickly the government moves to 'disunite' Canadians.. picking out selective groups to fight with. They are highly skilled at polarizing people. If it isn't saying opposition parties are critical of Canadian troops, it's reducing or cancelling grants to groups and organizations operating at arms length.