Wednesday, April 01, 2009

This April Fool's Joke is on the Taxpayer


Harper is a walking contradiction. When you think "Conservative" you don't naturally think of a 'leader' who spends money that he doesn't have. But that's what he's urging countries to do globally: spend OUR money. In the UK, G-20 protesters took their frustration out on the Royal Bank of Scotland, smashing it's windows and condemning the greedy cash-grabbers, even as bankers waved money and taunted them from above.

You would think we would learn from history. Politicians argue that, were we to have injected enough money into the economy during the great depression of the 30's, we might have avoided it altogether but there has to be a limit somewhere. You can't save by "overacting" and overspending. Perhaps Harper knows that his indulgent decisions will be reflected in the years to come, not in the next quarter. By then he will be out of parliament anyway. It's precisely this thinking that has led our financial institutions to economic collapse in the first place.

Newsflash: Banks don't stimulate the economy!

Politrix

5 Comments:

Blogger Adorable Girlfriend said...

Harper is a Bush wanna-be.

You've been warned of the dangers.

8:14 PM  
Blogger Devil Mood said...

Don't know what to say, except that they have the power and we are mere pawns.

11:03 AM  
Blogger C.J.Duffy said...

As much as I think we have all been hoodwinked (again) I really think that smashing the windows of a bank, even one whose retired CEO has managed to extrapolate several million for his pension, is a pointless excersise and it reduces the power of peaceful protest to the act of thugs and allows the police to act with a heavy hand.

11:27 AM  
Blogger sirbarrett said...

AG -I know it's no fair! You get cool Obama and we're left with a dud of a politician.

Devil Mood -It does feel that way, doesn't it? Lobby groups and consumers and the way they affect corporate power has a way of eclipsing democratic power.

C.J. Duffy -You're right. I think police are happy to have an opportunity to use force when justified and guess who is going to pay for those windows...The same goes for the protest that happened about a month ago in Quebec where protesters were protesting police brutality. Because they didn't give the police their road plans beforehand (as most activist organizations do) and because they used violence against the police, they got served a fresh batch of police brutality. I guess you find what you fear.

6:39 PM  
Blogger Phronk said...

Yeah I don't think violence (even if just against windows) ever accomplishes anything positive.

I don't know enough about economics to comment about anything else though. Maybe nobody does. Maybe that's the problem.

6:25 PM  

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