Friday Bullets For…For…Hell, I Don’t Know

Jay came up with a great idea in the comments last night: creditor’s prison. What a clever bunch of civilized Whigs we are. Or are we civic republicans? A veritable moral meritocracy. Gone are the days of comments with “people like you” finger pointery. No, now we are getting to the 18th century heart of things. People can do evil with an idea. The community can be corrupted by improper deal making. Me? I don’t understand to whom all the money is owed and, if it is a great big Ponzi scheme, why such debts are being honoured and not rewritten as unconscionable? If confidence is to be restored surely it will be due to the restoration of proper valuation though the application of equitable principles.

Fine. That is it. By next week we will be mere days from March and March is when baseball starts. It is almost over! Have I mentioned I hate winter? Winter is for people who say “I like to make the most of winter” and, honestly, we know what people think about people who say that.

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The Day After Budget Day And No One Is Happy

I am a little surprised that Iggy is not completely on board but what is the guy to do? What would he look like if he jumped up and down clapping his hands and shrilly screamed “I love it, I love it!!!” like a school girl? He has to buck at the reins but I don’t see an election this spring. Who ever forces an election before 2010 loses. Yet he has to play the game:

Some MPs, speaking on condition they not be named, said all options appeared possible, but that it was unlikely the Liberals would vote for the budget in its current form. It seemed probably they would propose amendments. “Obviously, that could still lead to an election if they’re not co-operative,” one MP said. At the top of the Liberals’ concerns were objections that there was not enough softening of the employment-insurance rules, and that the tax cuts announced yesterday could leave the federal government mired in deficit years from now, even after the economy recovers. Sources said Mr. Ignatieff spent the early evening listening to caucus concerns and did not say which way he was leaning.

See, Iggy listens. He needs to create the aura of being a wise man. Because I think he is a wise man. We have been without wise folk in Federal politics for so long that Canadians have lost their ability to spot one. And I don’t mean ideologically pure, either. Jay isn’t happy but these last years of minorities have basically forced all parties to sell their souls one way or another. Yesterday was just Harper finally being stripped naked of his. He may actually have been flayed. I really don’t want to look that closely to check. It isn’t pretty.

What about the details? Tax breaks? For all that, each family only tops out at 350 bucks. Exactly one-third of the beer and popcorn money. It will stimulate nothing but is a body blow to the budget. Infrastructure? It is merely well placed catching up. Remember the crumbling highways. We need infrastructure spending in any event. Green revolution? I don’t see it – not enough focus but it depends how it plays out. Southern Ontario economic development program? Let’s be honest – I’ve seen ACOA at work and other business development programs at a level above the rubber hitting the road, been in the offices, filled out the forms and seen what it does: weep for Mr. Harper for proposing such a thing. He must feel humiliated.

So, in the end, if the Liberals remove the tax break on the upper end of tax payers by shifting the 22-26% bracket lower again and have all the savings shifted to the rather clever home renovation program and twiddle another couple of things, I think Iggy supports Harper. I think he should for the country and for his own party. That way, Iggy is Prime Minister in 2010 and Harper eats the entire recession personally.

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Budget Day: Time To Invest In Concrete Makers

All the town is abuzz with the budget day news. Half the street had their lights on before 5 am, faces pressed to the windows waiting for the newspapers to be delivered. It’s budget day! It’s budget day!!!

Budgets used to be so drab. In the 70s and 80s there was a guy like Marc Lalonde stoking up the deficits like there was no tomorrow. Best wikipedia notation by the way: “He was very important and helpful.” In the 90’s it was all slash and burn as Paul Martin and Big Jean did the impossible and actually turned Canada around from being a rival to Italy in relation to fiscal house mess to being the talk of the G7 water cooler: “Jean said what? Paul said what?? I don’t believe it.” That is what Germany said to Japan.

There has been much made about PM Harper acting like a drunk NDPer at this moment in time, passing out Federal Government credit cards like Santa handing out candy canes. And it is true. But there is absolutely nothing indicating that the proper thing is to do otherwise. Except if, you know, Canada is not really having a recession. So there is more coming today as The Star semi-speculates:

The tax cuts will highlight a massive economic bailout plan with tens of billions of dollars in new federal spending and tax measures, $2 billion in help for the jobless, cash for the auto industry, $7 billion for urban reconstruction and measures to free up consumer and business loans. The budget will project a deficit of $64 billion over the next two years. The government is planning a series of tax initiatives, including incentives for home renovations to revive the building trades during the recession.

See, I don’t think so much that we are having a recession yet but the US is. The equivalent of the entire work force of PEI or Kingston or more was fired yesterday in the US. Home Depot is shutting stores for heaven’s sale – you know, the place you go to do it yourself to save money. The barber in Ithaca (a well off college town) said people who are getting once a month hair cuts are moving to one every six or eight weeks. The beer store owners told me that people are moving down in their buying patterns, too. The grocery store was mobbed on Sunday night but the malls were quiet. It could be January. It could also be the first January of a recession.

So while our biggest trade partner takes a hit, if we bridge build, home renovate, retool the car factories to make engines that run on hydro electricity is that so bad? Didn’t we spend the last 15 years through administrations that ran the gambit from the moderate centre-left to the moderate centre-right paying off the debt just in case this was going to happen? The self-defined “principled” who never have to actually do anything are not amused.

Utterly tangential amen: Amen.

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Friday Bullets For The January Thaw

Things are loosening up. There is no minus sign in front of today’s temperature and that is in Celsius. It’s back to the deep cold tonight but one day of a lighter jacket and slushy rubber boots not mountain climbing gear is good. Things are lightening in the political world as well. Obama (aka Barry) is at his desk. The clench of fear may be relaxing. It may also be just moving to another part of the body, less about anticipating a body blow and more about handing out what those who wield fear deserve. Up here, Iggy seems to be trying to get us off the roller coaster of brinkmanship that we have be saddled with for most of the decade. “We need an election in February like we need a hole in the head,” Good point:

  • I am learning more about the founding of Kingston and those who founded it. Really really interesting stuff. Go here and search for Cataraqui, the French name for the town. We are Yorkers!
  • I like the ability in the US to break down party lines without causing a constitutional tizzy fit.
  • Looking at the people from space.
  • Reason enough to understand why having some idea that Any Rand offers legitimate ideas is nutty. The ideology of paranoia.
  • This is quite an extraordinary web page if you think of where China has been as a culture in my lifetime.
  • Occasional comment maker and fellow Zapster Ian (and Tesse) know the new US Senator, Kirsten Gillibrand, based on them helping her past campaigning. I now have three degrees of separation from Obama…or is it two. Do you count yourself or only the intermediaries?

A busy day ahead. Planning for the weekend. Getting into that relaxed state. Picking out my casual clothes from the pile. A really big day.

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Unexpected Truths And The Beliefs Of The Doofus

It is a funny old world. We walk around in a haze of assumptions and build up layer upon layers of accepted truths which can leave us amazed by the unexpected things we hear on any given day, which leave our beliefs challenged:

The Dalai Lama, a lifelong champion of non-violence candidly stated that terrorism cannot be tackled by applying the principle of ahimsa because the minds of terrorists are closed. “It is difficult to deal with terrorism through non-violence,” the Tibetan spiritual leader said delivering the Madhavrao Scindia Memorial Lecture here. He termed terrorism as the worst kind of violence which is not carried by a few mad people but by those who are very brilliant and educated.

[h/t M. CT.] Never thought I’d see that sort of thing but it makes sense and, while TDL says he hearts GWB in the balance of the article, he is really stressing that the problem is one of education. Compare this to the surprise I have this morning reading this headline “Liberal-NDP coalition would protect war resisters from deportation: MPs” I am not surprised about the idea of non-deportation. I am surprised that someone actually still believes there is a Liberal-NDP coalition. Apparently someone was sitting near the back when Iggy was talking and missed the message.

Ah, the beliefs of the doofus. The belief of the doofus is a particularly powerful thing. Consider the need to re-do the oath of office for President Obama. Why re-do even though it was pretty clear that the Chief Justice botched the job the first time? Flakes! Flacks and yahoos and nutbars and dingbats, that is why:

It’s a question being asked by constitutional experts – not to mention Fox News pundits and bloggers – after the man generally considered the finest orator of his generation fluffed his lines while reciting the oath of office on Capitol Hill yesterday. Actually, the blame may well lie with John Roberts, the Chief Justice, whose job it was to guide Mr Obama through the 35-word oath prescribed by the constitution and decided to do it from memory in front of a live crowd of around 2 million people and a further billion or so following via television.

Bloggers! Never mind that constitutional experts had a question but to face the concern of bloggers, well, surely that is too much for the constitution of the most powerful nation on the face of the nation to bear. Never mind that the hand on or off Bible thing is not settled. Never mind that Andrew Johnson, whose “normal oratorical style when speaking extemporaneously tended toward the wild and uncontrolled” was stumblin’ drunk when he took the oath as VP in 1865. Never mind that Chester Arthur and Calvin Coolidge each also had to do a redo, too. Never mind that other past flubs did not lead to a re-do. Bloggers are restless. Take the oath again.

Interestingly, however, as the oath is in the constitution itself, it has been subject to actual official review based on its actual words:

“Before he enter on the Execution of his Office, he shall take the following Oath or Affirmation:

“I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States.”

See, it is the execution of the office that the oath is about. He is elected and he is made President, according to the constitution, by the stroke of the clock at noon. But expect a bazillion dopey bloggers and Rush Limbaugh, too, to get it wrong for the next four to eight years. Belief systems are powerful things.

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Not “Seven Things” – Instead the CBC and Nortel

I just lost the seven things about me post that I was tagged with doing after a power flicker at 6:45 am which was 95% done so I am not going to recreate it as I am too bummed out about the whole thing. It was tender and evocative. Challenging yet funny. I can never recreate that this morning. I will have to think up a whole new list and get back to you.

Meanwhile, why do I have the same reaction to the news that Nortel now wants a bail out and that no one much is signing up for the CBC’s “new fun game show” about being Canada’s next Prime Minister. As far as I am aware, Nortel has been moving towards its own demise for the best part of a decade. And, I think at least as far as my listenership and watchership goes, the same applies to the CBC. As evidence, I provide you with one one hand the story “Nortel Restatement To Slash 2003 Earnings” and on the other Sounds Like Canada. Both were untouchable monoliths for most of my life whose actual machinations of operations were beyond the ken of most Canadians. As a result, I think any bail out for Nortel needs to be tied to a reorganization of the CBC’s broadcast line up. My demands include:

  • creation of a compelling continuing dramatic series about an urban WASP male,
  • broadcast of a English language continuing sitcom based on and making fun of yet making a compelling and accurate case for the views of a family Quebecois separatist family,
  • making a public apology for the failure of CBC to broadcast Montreal Expos games and an admission that this failure directly led to the Expos leaving town and the country, and
  • making another admission that the extended run of the Air Farce was due to nepotism, blackmail or something that could possibly explain what the heck that was about.

Without meeting my demands, no money for Nortel.

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