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I Shaved My Head When Robert Stanfield Died

"...because Canadian politics is a baffling mystery that, when explained, still doesn't make sense, and has no bearing on anything." -Commenter on a Diefenbaker YTMND I made

Tuesday, May 30, 2006

Ooh, it rained today. Must mean the Liberals are back in Power:

Honestly, the Edmonton sun tried to tell me today that the 90 cent dollar is the product of Conservative government. My reply?

Regarding your editorial about the strong dollar:

The major connection between dollar devaluations and increases is the interest rate spread between Canada and the United States. You may recall that during the 89-91 recession, that the loonie rose sharply, because Canadian interest rates were on average 4-6 points higher than the American rates. Combine this with a balooning government debt and interest finds the ability to bankrupt a nation.

Today, when the Canadian economy is humming along, thanks largely to a government that has been very good at running surpluses, a high interest rate keeps the economy from over heating, and placing pressure on wages and prices. The election of a Conservative government committed to neutering our ability to raise funds will produce a downward pressure on interest rates and the dollar. The dollar has been near the 90 cent mark for most of the last year as well, to equate this symptom of long term macroeconomic policy with 3 months of Stephen Harper at the head of government, as opposed to 13 years of Chretien -Martin is ludicrous in the extreme.

Sean Tisdall, PC Party Candidate, Edmonton-Centre, 2004 General Election.

Oh, and the editorial is 2 and a half weeks old, way to keep it current Sean! Guh.

But honestly, if the Sun is so damned intelligent why are they so stupid?

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