Quote:
Originally Posted by username
The only thing that I can possibly see making sense is someone protesting the bailouts of 2008. Now it's 2011 and you've kind of missed that boat. Furthermore the bailouts didn't occur in Canada they were down in the US so what exactly are people protesting up here?
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Actually, there were bailouts in Canada too. Just not in the banking sector. The federal and Ontario provincial governments
pledged $4 billion in loans to GM and Chrysler. And protesting that, in retrospect, would have been a mistake, as not only were the loans repaid six years early, but the government got a commitment by Chrysler to guarantee
20% of its production will happen in Canada. We turned a profit, and we got guaranteed jobs out of the deal.
Which, when you get down to it, kind of flies in the face of the arguments OccupyWherever is theoretically making. Government was able to improve the lot of both big business and the little guy.