Coalition Deal To Topple Minority Tory Govt- [Update Parliament Prorogued until Jan]

[FlamesAddiction]

I think it's unfortunate that conceding on an issue has to be perceived as "caving in". It is sort of the same thing, but it just sounds so negative. Personally, I think politicians (especially in a minority government) need to concede on issues in order to make things work. I also don't vote for politicians that I think are going to be so stubborn that they refuse to ever change their minds on anything. It's like if they change their mind or agree to cooperate with another party, they are branded as liars, wafflers or hypocrites, when I think some of the time, they should be applauded for it.

[Fozzie_DeBear]

Originally Posted by ikaris

That the Conservatives will prorogue the government, and then essentially concede the same budget that the coalition is proposing in January. The ultimate caving in. This will force the coalition to dissolve as the Liberals would have no further reason to be in it.

Is that clear enough for you?

Has the coalition even proposed anything resembling a detailed budget?

[Nancy]

More petitions to sign:

http://www.petitiononline.com/CANADIAN/petition.html

http://www.canadians4democracy.ca/

http://www.gopetition.com/petitions/...ernment-canada

[ikaris]

Originally Posted by Fozzie_DeBear

Has the coalition even proposed anything resembling a detailed budget?

You're right they've not so I'll rephrase. The Conservatives will essentially concede the points that the Accord is based on in the budget that they will propose.

[Bertuzzied]

Originally Posted by Thunderball

Well, superficially, that newfound instability comes to mind. Since so much of the financial markets are based on fear, rumor and uncertainty, and since the US markets are doing decent today, its a fair question to ask if this political strife is beginning to damage the economy.

Maybe it isn't, maybe it is... but if the optics are there, the damage is done.

Maybe it has nothing to do with the coalition but rather on Harper's lack of a plan. Maybe the TSX would have tanked even further if the Coalition did not hint at a 30 billion dollar stimulus plan?

Or maybe it's because we are in a recession. Kinda kills the markets. If you want to compare Canada vs US. it would be better to compare the S&P 500 then the Dow. 30 stocks! Here they are. Look at the banking component. Bank of America, JP morgan and Citigroup. They make up 10% of the Dow. And they are up today. That could be the difference between the Dow and the TSX right there.


Dow 30 Components CompanyPriceChange%ChangeLast Update †3m Co60.86-1.49-2.39%12/2 4:03pmAlcoa Inc9.76+0.45+4.83%12/2 4:00pmAmerican Express Company20.76+1.12+5.70%12/2 4:00pmAT&T Inc.28.04+1.08+4.01%12/2 4:01pmBank of America Corporation14.37+1.52+11.83%12/2 4:01pmBoeing Co.40.70+0.82+2.06%12/2 4:01pmCaterpillar Inc.38.00+1.42+3.88%12/2 4:01pmChevron Corp75.54+3.52+4.89%12/2 4:01pmCitigroup, Inc.7.22+0.77+11.94%12/2 4:00pmE.I. du Pont de Nemours and Company23.60+1.38+6.21%12/2 4:02pmExxon Mobil Corp77.61+3.30+4.44%12/2 4:02pmGeneral Electric Company17.61+2.11+13.61%12/2 4:02pmGeneral Motors Corporation4.85+0.26+5.66%12/2 4:00pmHewlett-Packard Co.34.27+0.83+2.48%12/2 4:01pmIntel Corporation13.28+0.72+5.73%12/2 4:00pmInternational Business Machines79.84+2.94+3.82%12/2 4:01pmJohnson & Johnson56.83+1.50+2.71%12/2 4:01pmJP Morgan & Chase & Co28.53+2.41+9.23%12/2 4:01pmKraft Foods Inc.26.15+0.59+2.31%12/2 4:02pmMcDonald's Corporation57.05+0.91+1.62%12/2 4:01pmMerck & Co., Inc.26.68+1.83+7.36%12/2 4:02pmMicrosoft Corporation19.15+0.54+2.90%12/2 4:00pmPfizer Inc16.02+0.76+4.96%12/2 4:02pmThe Coca-Cola Company43.93-0.40-0.90%12/2 4:02pmThe Home Depot, Inc.21.85+0.87+4.08%12/2 4:00pmThe Procter & Gamble Company61.44+0.95+1.57%12/2 4:01pmUnited Technologies Corporation46.06+0.44+0.96%12/2 4:01pmVerizon Communications32.13+1.46+4.76%12/2 4:02pmWal-Mart Stores, Inc.53.45+0.44+0.83%12/2 4:02pmWalt Disney Company (The) (Holding Company)21.46+1.13+5.56%12/2 4:01p

[C_Rush]

Originally Posted by Fozzie_DeBear

Has the coalition even proposed anything resembling a detailed budget?

Not so much a budget as a $30 billion spending spree.

[kevman]

Originally Posted by bertuzzied

if you want to compare canada vs us. It would be better to compare the s&p 500 then the dow. 30 stocks!

s&p 500 +4%

Haha, I'm not even trying to start arguing again...

[Bertuzzied]

Originally Posted by kevman

s&p 500 +4%

So what happens tomorrow when the TSX goes up and the Dow/s&p goes down? Is it because Harper will release a poison pill? hehe

[Slava]

Originally Posted by Thunderball

Well, superficially, that newfound instability comes to mind. Since so much of the financial markets are based on fear, rumor and uncertainty, and since the US markets are doing decent today, its a fair question to ask if this political strife is beginning to damage the economy.

Maybe it isn't, maybe it is... but if the optics are there, the damage is done.

I don't know...I know a guy who predicted that this week was going to be a bad one on the markets. He even started a thread about it here, and with no information that any of this was going to take place, I assure you!

[Jade]

Originally Posted by Slava

I think that this is a personality conflict as much as anything. If I were Dion and had Harper squirming right now, why would you let him off the hook today (even if you were going to next week)?

Basically this is like Jr. High where the kids are tired of being picked on and treated badly. The last budgetary announcements were enough to push them to this action. I don't think that they ever go through with it, but are definitely enjoying watching Harper squirm in the meantime.

Hard to disagree. I've always wondered why grown politicians are unable to behave better than school children. I hope they won't go through with it, but I don't have the same faith in the liberals putting the country ahead of themselves as you do. Especially Dion, who may want to use his short time as PM to convince himself he did a good job, even with all the evidence to the contrary.

[Bertuzzied]

Originally Posted by fotze

Can anyone get me more petitions, I won't feel that I've done my inconsequential part until I've signed 10 of them.

haha. someone at sait just sent out a "get out the pitchfork and torches" email to the entire campus.

Nothing says democratic movement like that.

[Slava]

Originally Posted by Jade

Hard to disagree. I've always wondered why grown politicians are unable to behave better than school children. I hope they won't go through with it, but I don't have the same faith in the liberals putting the country ahead of themselves as you do. Especially Dion, who may want to use his short time as PM to convince himself he did a good job, even with all the evidence to the contrary.

I just like to think that politicians do try to do the best that they can, no matter which party they are representing. I guess I'm an eternal optimist...

[malcolmk14]

Finally got caught up in this thread. What a joke.

[Bobblehead]

Originally Posted by Slava

I just like to think that politicians do try to do the best that they can, no matter which party they are representing. I guess I'm an eternal optimist...

But I don't think they are.

Harper tried to take advantage of the situation to diminish his opposition, the opposition somewhere found a backbone to stand up to him and are going overboard with their coalition.

Frickin' sit them down, tell Harper he stays PM but other than budgets he can not make anything a confidence motion. The Bills stand on their own merits, budgets need the confidence of the house, and GET BACK TO WORK.

[Wookie]

Originally Posted by Bertuzzied

Wow.that is so wrong. Maybe it's because Oil touched a 3 year low? or most probably Scotiabank reported their 4th Quarter dragging all 5 major bank's stock prices down.

The Hang Seng in Hong Kong was down over 700 points yesterday. Damn you Dion!!螺桿您翁和自由派！

Holy this thread moves faster than a Flames game thread.

And MFC announced it's first ever loss.

[Bertuzzied]

Originally Posted by Wookie

And MFC announced it's first ever loss.

Yeah. I missed that in my haste of posting in this super fast thread. hehe. That is pretty significant.

[Gozer]

http://www.viruscomix.com/notaleader.jpg

Unrelated cartoon

[CaptainCrunch]

I'm impressed, I sent a email to my MLA about my concerns with how this coalition government could affect Alberta interests, and he actually called me back and we had a good conversation about Alberta's role in this.

Color me impressed that my MLA actually reaches out to his constituants.

[Bertuzzied]

WTF? that doesn't even look like him at all. hahaha.

Oh here Fotze sign this.
http://www.progressivecoalition.ca/

[FanIn80]

While I admit, I barely skimmed over most of it... I don't get it.