Wednesday, September 24, 2008

Canadian Election Watch - Day 18

Steve on Tuesday:

“I think when ordinary working people come home, turn on the TV and see a gala of a bunch of people, you know, at a rich gala all subsidized by taxpayers claiming their subsidies aren't high enough when they know those subsidies have actually gone up, I'm not sure that's something that resonates with ordinary people,” he said during a campaign stop in Saskatoon.

I guess that means he's opting out of G8 meetings from now on.

Oh. That quote was about Canadian arts and culture?

Mr. Harper's barbed shot at whining elites attending glitzy affairs was curious, given that his wife Laureen is the honorary chair of the National Arts Centre's gala next month in Ottawa.

That's what they call (in truly elitist terms) "schadenfreude".

And, while Steve's been busy mimicking John McCain and Dubya this week - telling us that the fundamentals of our economy are strong - Merrill Lynch issued this warning today: "Canada could face housing woes".

In a report issued Wednesday, Merrill Lynch Canada economists said many Canadian households are more financially overextended than their counterparts in the United States or Britain.

They said it's only a matter of time before the “tipping point” is reached and the housing and credit markets crack in Canada.

Locally, the hot and extremely expensive housing market in Calgary has slowed down with a glut of newly-built condos now sitting empty because there aren't any buyers. On top of that, the G&M also reports that "average pay increases among Canadian workers are set to cool next year" thanks to the current economic mess. Not to worry though. Steve has it all under control. (cough cough hack hack)

Maybe he can get those 14-year olds that he wants to imprison for life ("fresh meat" as Gilles calls them) to start working on building some new nuclear plants (although Elizabeth May might have something to say about that). A little child labour goes a long way towards "rehabilitation". Victorian England wasn't all that bad for kids, was it? Oliver Twist was just an immature little whiner. What's not to love about gruel?

In other news (of the nudie type), I see NDP candidate Julian 'I stripped in front of teenagers 12 years ago so I could go skinny dipping' West has resigned but his name is still on the ballot. How many more candidates will The House That Jack Built lose? Stay tuned. (They're quite the interesting bunch.)

Why are we having this election again?

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