I think he's more of a Hugo Chavez type in the making. His only card to play is waving the flag. Fact is ripping up agreements, and expropriation will absolutely cripple the province in another decade. Capital is liquid and will always go where the highest profit can be made with the least amount of risk. Signalling to companies that if the Province feels there's political capital to be earned by market intervention and not honoring their own laws and regulations, tells them to park their money somewhere else.
Another thing that drives me nuts is when under criticism about his business policies, his supporters use his previous experience as a successful Newfoundland businessman to counter-act. Being a sucessful businessman in a climate of heavy government regulation, high taxes, and high government spending from all three levels of government requires more palm-greasing, and charisma skills than business sense and intellect to be sucessful. The job of premier was right up his alley because he's made a career out of glad-handling those who control the levers of legislative power. His business sense is more in line with Oskar Schindler than Bill Gates.
Last edited by Cowboy89; 12-22-2008 at 12:37 PM.
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