Thursday, October 09, 2008

Swimming In Shallow Water

Canada's Finance Minister Jim Flaherty says:

"The government stands ready to take whatever actions are necessary to protect the stability of the Canadian financial system," ....

"Our banks are solvent, our insurance companies are solvent, we regulate them, we have one of the highest capitalization requirements in the world . . . all of that is solid."

Canada's system will not require the type of multibillion-dollar bailout packages that have been put in place in the United States and some European countries.

The CP Headline: Crisis still threatens Canadian economy: Flaherty

If you believe that the MSM are interested in reporting the facts of our economic situation or are even capable of discerning what those facts are then you probably think that the chicken littles of the LIberal or Dipper sort actually know what they are talking about too.

Did you buy some of Al Gores carbon exchange units? Or were you just waiting for your lottery winnings to arrive? Or perhaps the Nigerian cash you agreed to handle on behalf of that unnamed investor in gold and oil fortunes?

Canadian Press - Wrong about just about everything.

Read more of this meme promoting crap Here if you care to.

More here at The Broom where in the comments one person notes that Canada's Economic Situation is the best in the WORLD as confirmed by the G7 as of today.

Note that NOT ONE media outlet is reporting that as a headline item!

OMMAG

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2 Comments:

Blogger The Mayor said...

We've all heard how Harper is devastating Canada economically and he doesn't have a plan. Has anyone even heard one point of Dions plan?

Just give me one freakin' point of his plan?

10/09/2008 9:23 PM  
Blogger OMMAG said...

Can we start over now ??

10/09/2008 10:29 PM  

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