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It’s The Economy, Stupid!

It would appear that Mr. Harper of Canada has stepped in something very nasty by not having a plan to deal with the economic recession. This is beyond idiotic. There is a standard approach that everyone uses, no matter where they fall on the political scale, but the newly re-elected Prime Minister of Canada refuses to pull it out of the file and present it to parliament.

His non-action has opened a golden opportunity for the opposition parties, and they aren’t going to let it pass: Liberals, NDP, Bloc sign deal on proposed coalition.

What they intend to do is call a no confidence vote in parliament, which they have enough votes to win, and then take over from Harper. Harper can try to dodge this, but it would be futile as he has lost the initiative to the other parties.

He just blew the extra votes he won in calling early elections by not having a response to the recession.  This is just brain-dead politics on his part.  It is positively Bushian.

December 1, 2008   Comments Off on It’s The Economy, Stupid!

India’s 9/11?

Let the cover-up begin.

The BBC has the latest effort of Indian officials to blame it all on Pakistan.

No one explains why the 10 terrorists left 15 sets of personal effects on the trawler, or why they wouldn’t have had some people already in the city for last minute reconnaissance and to obtain transportation for those coming ashore.

No one explained why this crack team of terrorists used satellite phones when all professional terrorists know that the phones can be tracked and monitored.

No one has explained why a trawler known to have been seized earlier was allowed to simply sail in and anchor, despite calls from local fishermen concerned with the possibility of sea transport of explosives.

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December 1, 2008   3 Comments

Missed It By Several Weeks

I’ve been saying we went into a recession in October or November 2007 but the officials who get to rule on these things say I was wrong: It’s official: US has been in a recession all year

WASHINGTON (AP) – The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

I still think it was earlier, just look at the job and Dow numbers in the Fall.  Throwing a few bankers in jail last year and extending unemployment benefits might have saved it, but the the Hedgemony kept claiming “the fundamentals were strong” as the economy collapsed.

December 1, 2008   12 Comments