Thursday, April 7, 2011

Soaring Canadian Dollar-How To Stop It

The Pusher always gets it back. The addict needs more and more junk to maintain a human form...buy off the Monkey.
William S. Burroughs, Naked Lunch, Deposition: Testimony Concerning A Sickness, p. x

See! Being a Steve Harper economic super power has its downside doesn't it?  When you weigh the pros and cons it really sucks. Just ask all those bankrupt small manufacturers scattered all over Canada...Talk about insult to injury. These guys for the most part were dyed in the wool screaming blue Tory's. One must continue to ponder the irony. This, admittedly, is hard to do without laughing out loud.

When one ponders the economic text book causes of the high Canadian dollar, one is starring out to a very improbable disconnect. According to the deficit numbers and all that big bad debt, how on earth can the Canadian dollar be trading at a premium to the United States dollar? The first thing a good Conservative will quip is that are banks are so sound. Don't fool yourself. They just haven't got caught yet!  Could it be that all that hot Bilderberg Group advised money is flowing into Canada in the expectation of a future event? Say the wildly improbable dream of a Tory majority?  Third world corporate tax rates, A Wal-Mart from sea unto shining sea....The first minimum security penal colony in the New World? Okay the second...I will give that title to the United States...the shit is really going to hit the fan when it finally dawns on Bubba...

I'm a lumber-jack and I'm okay.. really..

The market has spoken, you say, and we must live with what the cosmopolitan Bilderbeg's have chosen for us. It is simply the golden rule; he who has the gold, makes the rules. Let us not be hasty in mortgaging the back Forty Acres.... On May 2, 2011 we have an opportunity to lower that Canadian dollar for the next decade or two. It is a very simple algorithm, I call it A, B, C, Anybody but Conservative! When you vote, ignore the Conservative candidate, and then simply pick the best candidate remaining. Don't worry if it be Liberal, NDP, Green Party or hell even the Bloc Quebecois! If the Liberals or the NDP get that 12 seat majority the international hot money will drain out of Canada faster than a Texas hot tub pierced by a .357 Magnum handgun blast! 

This shit?, Got all kinds of it....
 Just think of it. The corporate tax rates will rise. And then the trickle will turn into a flood. The Canadian dollar will float down to a nice, say, 69.8 cents U.S. Woo-Hoo! Now you can find a job in Windsor and London Ontario! Lets not raise the corporate tax's to 19%, lets raise them to 40% ! Just like in the 1960's!
Sure some corporate bums will bail, mostly the ones we don't want here anyway! Soon all the required and desired social programs will be up and running, the infra-structure will be built and rebuilt. This will run up the debt a little more and will keep the Canadian dollar down to a job seeker rich environment. For decades to come, you know, it is just like stacking the Senate!  (And I like the idea behind the chamber of sober second thought...and myself? I don't want it dinked with. The Oracle of Ottawa expects to be appointed to the Senate one fine day. The perfect end to a perfect life...)

Then, mark my words, something very strange will happen. You will have a lot of the finest corporate outfits in the world who are not already here, coming here. All the others will take advantage of the ideal social state to commit large sums of capital to enable themselves to stay here in presence into the far future.  I certainly hope all you youngsters out there ditch the Game Boy and Level 2 of Special Ops on voting day to get out and get this job done! (Gotta go, and get some Canadian dollar puts, down the range....)

Follow the above advice and be able to afford your kids piano lessons.....

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