Posts Tagged ‘bailout’
Greece owes $367 Billion to Other EU nations, Ireland owes $865 Billion to Other EU nations,
Spain owes $1 TRILLION mainly to France, Britain Germany, Italy owes $1 TRILLION mainly, to France, Britain Germany and so on and so on…
How can broke economies lend money to other broke economies who haven’t got any money because they can’t pay back the money the broke economy lent to the other broke economy and shouldn’t have lent it to them in the first place because the broke economy can’t pay it back.
The question is not when this game is going to end but how many millions of citizens are going to be absolutely devastated by the ultimate economic solution facing these and all other nations on this planet?
In a recent article Professor Norm Chomsky stated,
“There is class resentment, he noted. “The bankers, who are primarily responsible for the crisis, are now reveling in record bonuses while official unemployment is around 10 percent and unemployment in the manufacturing sector is at Depression-era levels,” he said.
And Obama is linked to the bankers, Chomsky explained.
“The financial industry preferred Obama to McCain,” he said. “They expected to be rewarded and they were. Then Obama began to criticize greedy bankers and proposed measures to regulate them. And the punishment for this was very swift: They were going to shift their money to the Republicans. So Obama said bankers are “fine guys” and assured the business world: ‘I, like most of the American people, don’t begrudge people success or wealth. That is part of the free-market system.’
When did Canada abandon the FREE MARKET! Since when did a PUBLICLY FUNDED government agency have the power to muck with the FREE MARKET by forcing FREE MARKET participants to negotiate fees for service?
The CRTC has long told any Canadian that has taken the time to contact them about cable and satellite fees, bill slamming, etc. that the CRTC DOES NOT REGULATE FEES! But that doesn’t apply to those poor hard done by Canadian broadcasters. Of course the CRTC will say that all they’re doing to ensure market fairness but we all know that in reality what they are doing to SCREWING WITH PEOPLE’S FEES! You know. Those fees that continually claim they have no power to regulate when Canadian consumers complain!
I’m getting real tired of these “FREE MARKETERS” and they’re constant barking about letting the free market rule, we can self-regulate, we don’t need government intervention… as long as the corporations have the dominant market position.
If that dominant market position is lost to other market forces or heaven forbid the consumer, these same “FREE MARKETERS” fill the pockets with cash and head to Ottawa to get “corrective” legislative measures.
Canada’s culture will NEVER be preserved by taxing television or any other broadcasting medium. PERIOD!
It’s NOT Going to Save Local TV
And this so-called Fair Viewing tax has NOTHING to do with saving Local television. Local television died many years ago and has been made nothing more than a 2 hour daily joke for anyone who watches it. Of course this doesn’t include all those faux pleas to save local TV the networks created to make it appear that Canadians overwhelmingly wanted to save local TV. BULLSHIT!
The CRTC needs to bug the hell out of the free market and these “poor” broadcasters are just going to have to adjust to life without the government’s exclusive gravy train.
SCREW THEM ALL… if I get another fee, charge or tax on my television bill I’m cancelling it altogether and getting my programming online until the Canadian government makes that illegal too!
It’s absolutely appalling how much North American democracies have been hijacked by these GOD DAMN FREE MARKETERS. Free market my ass. It’s only a FREE MARKET when corporations are FREE to do whatever they want to make profits, legally, illegally or however they deem necessary and when they can’t they’re FREE to ask their respective governments for legislative relief.
That’s what today’s FREE MARKET really means.
The recent GLOBAL economic implosion is a shining example of what FREE MARKETERS do when they are allowed to “self-regulate”.
Wolf Blitzer is a fuckin’ moron! What self-respecting “journalist” would interview a director about his film without having watched it and use other people’s quotes to form questions? Like I said Wolf’s a fuckin’ moron and the just one cog in the mainstream corporate/capitalist propaganda machine.
If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy. — James Madison
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‘When the government fears the people it is a democracy….when the people fear their government it is tyranny…’ — Thomas Jefferson
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Those who give up essential liberties for temporary safety deserve neither liberty nor safety. — Benjamin Franklin
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The spirit of resistance to government is so valuable on certain occasions, that I wish it to be always kept alive.– Thomas Jefferson
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The means of defense against foreign danger historically have become the instruments of tyranny at home. – James Madison
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The people can always be brought to the bidding of the leaders…tell them they are being attacked, and denounce the peacemakers for lack of patriotism and exposing the country to danger. – Herman Goering
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I love America more than any other country in this world, and, exactly for this reason, I insist on the right to criticize her perpetually. – James Baldwin
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Anyone who has the power to make you believe absurdities has the power to make you commit injustices. – Voltaire
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The cry has been that when war is declared, all opposition should be hushed. A sentiment more unworthy of a free country could hardly be propagated. – William Ellery Channing
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“If there be one principle more deeply written than any other in the mind of every American, it is that we should have nothing to do with conquest.” — Thomas Jefferson
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Criticism in a time of war is essential to the maintenance of any kind of democratic government. – Sen. Robert Taft, (R) Ohio
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Fascism will come wrapped in a flag and carrying a Bible. ~ Sinclair Lewis 1935
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“Patriotism is the last refuge of scoundrels.” – Samuel Johnson
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“If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied.” -Thomas Jefferson
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“The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists.” -J. Edgar Hoover, former head of the FBI
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BEWARE THE LEADER WHO BANGS THE DRUMS of war in order to whip the citizenry into a patriotic fervor, for patriotism is indeed a double-edged sword. It both emboldens the blood, just as it narrows the mind. And when the drums of war have reached a fever pitch and the blood boils with hate and the mind has closed, the leader will have no need in seizing the rights of the citizenry. Rather, the citizenry, infused with fear and blinded by patriotism, will offer up all of their rights unto the leader and gladly so. How do I know ? For this is what I have done. And I am Caesar.” – Anonymous
Globe and Mail: Isn’t it strange how quickly the Tories jump in to ensure the consumer doesn’t associate their party with any sort of new television fees with a potential fall election loaming yet seem to cling to their ridiculous belief in their version of a “free market” system.
Why is the CRTC even involved. Let the free market work it out. That seems to be the Tory mantra when corporations have the upper hand. Turn the tables in favour of the consumer and all of a sudden their needs to be hearings and legislative measures to address the problem.
Since the CRTC relaxed Canadian spending and content requirements in 1999, Canadian drama has all but disappeared as private broadcasters steadily increased their consumption of U.S. series. In 2000, English-language private conventional broadcasters spent $422.3 million on foreign/U.S. programming. By 2008 they were spending 61% more on foreign programming than on Canadian – a record $739.7 million on American shows. – ACTRA
Canadian RE-broadcasting system is a joke. The networks spend nearly a BILLION dollars on US programming yet they can’t seem to find the “cents” they cry they need to save their failing business models.
I wonder what the Tories are attempting to morph into these days?
Mr. “No Coalition” Harper sure changes his tune about coalitions when he needs those Separatists to survive. I guess coalitions are only bad for Canada when they involve Liberals and New Democrats.
What an unbelievable, interventionist, HYPOCRITE! Free markets my ass!
UPDATE: Canada’s own Post Turtle survives a Confidence Vote with the support of the socialists and separatists! What’s a Post Turtle you ask?
While suturing a cut on the hand of a 75 year old rancher, who’s hand was caught in the gate while working cattle, the doctor struck up a conversation with the old man. Eventually, the topic got around to Ignatieff and his bid to be the PM of Canada.
The old rancher said, ‘Well, ya know, he’s a ‘Post Turtle”. Not being familiar with the term, the doctor asked him what a ‘post turtle’ was.
The old rancher said, ‘When you’re driving down a country road and you come across a fence post with a turtle balanced on top, that’s a ‘post turtle’.
The old rancher saw the puzzled look on the doctor’s face so he continued to explain.
. . . ‘You know he didn’t get up there by himself, he doesn’t belong up there, and he doesn’t know what to do while he’s up there, and you just wonder what kind of dumb ass put him up there to begin with’.