View Single Post
Old 12-04-2008, 11:36 AM   #1942
Thunderball
Franchise Player
 
Thunderball's Avatar
 
Join Date: Aug 2002
Location: Calgary, AB
Exp:
Default

Quote:
Originally Posted by FlamesAddiction View Post
You know, it's funny. You talk about intelligence, yet you can't discuss this issue without throwing personal insults at other posters. Who do you think looks more intelligent, the 95% of the people posting in support or non-support of the issues while acting like adults, or you, who has to portray such an extreme and childish act by insulting people?
I agree it wasn't fair for Fanin80 to say that to you.

However, his point is valid. Canada, like it or not, is a minor global player, but despite that, has the exteme benefit of having its financial house in order.

This means we don't have to rush to save any essential sectors, or protect mortgages... which is what the US, EU and Japan have had to do.

We still have a serious problem as a commodity based nation. If our market isn't buying, we're not producing. So, the question is what to do?

The simple answer is make a big deal and spend a lot of money relatively aimlessly, as the Lib/NDP/Bloc would have us do. But if our markets aren't buying (US/EU/Japan/China), we're still not producing, or if our economic partners (especially the US) go in a different direction, our stimulus is useless... so its essentially pissing in the wind.

The more complicated answer is patience, consultation and planning. Can the auto sector be saved? Maybe. But I would say the CAW has to start acting like the UAW, or the Big 3 pull out of Canada. Regardless of funding. Can forestry be saved? Not unless the US starts building again. No amount of money can help that. Oil/Gas/Hydro/Coal? They'll be fine if they're not hampered by kneejerk policy.

Talk to the US, the EU, the provinces, the unions, industry leaders, yes, even the opposition, and hammer out policy that can actually be effective.
Thunderball is offline   Reply With Quote