Monday, March 17, 2008

Bear Stearns Bargain!

globeandmail.com: JPMorgan to buy ailing Bear Stearns for $2 a share

What a bargain!

Joking aside, the worldwide economic illness has arrived. Ladies and gentlemen, please fasten your seatbelts, we are about to encounter some turbulence.

A.L.

Wednesday, March 12, 2008

More Conservative connections to NAFTA-gate

Click here for the full story.

Looks as though former Mulroney man, Michael Wilson our Ambassador to the United States, has been connected to NAFTA-gate.

For those who don't know Michael Wilson was the Finance Minister in Brian Mulroney's Progressive Conservative government from 1984-1991. Interestingly, he was a prime mover in the creation of the Canada-US free trade agreement, precursor to NAFTA.

From the article:
Michael Wilson is moving toward the centre of the so-called NAFTA-gate scandal after admitting he spoke with CTV journalist Tom Clark the night before the network broadcast a report alleging an Obama official told Canada the Democratic presidential hopeful's threat to pan the North American Free Trade Agreement was only political rhetoric.
Now the Official Opposition Liberal Party is calling for his resignation or recall at least until it blows over.

It just keeps getting better!

A.L.

Wednesday, March 05, 2008

Hillary's Campaign also FLIP FLOPPED on NAFTA!

Looks like the former UWO Prof is the first person the security personnel should be interviewing!

But here's the bit that should not be overlooked in the story:

Since 75 per cent of Canadian exports go to the U.S., Mr. Obama and Ms. Clinton's musings about reopening the North American free-trade pact had caused some concern.

Mr. Brodie downplayed those concerns.

"Quite a few people heard it," said one source in the room.

"He said someone from (Hillary) Clinton's campaign is telling the embassy to take it with a grain of salt. . . That someone called us and told us not to worry."

Government officials did not deny the conversation took place.
And this:

But others said the content of Mr. Brodie's remarks was passed on to CTV's Washington bureau and their White House correspondent set out the next day to pursue the story on Ms. Clinton's apparent hypocrisy on the North American Free Trade Agreement.

Although CTV correspondent Tom Clark mentioned Ms. Clinton in passing, the focus of his story was on assurances from the Obama camp.

Looks like Mrs. Clinton has been talking out of both sides of her mouth.

A.L.

Monday, March 03, 2008

Live Blogging the AB Election Results

10pm ET and the polls are closed in AB, here's hoping!

10:29pm CBC projects PC majority.

10:30pm Alberta hopes for an Al Gore Florida moment....

Alberta Votes Prediction

I will make my prediction now before the polls close.

I predict:

PC 55
Lib 24
NDP 3
WRA 1

Of course I am also praying for a miracle, that the Tories are reduced to a minority government, but who knows what could happen. Nobody saw Bob Rae's NDP government coming in Ontario, so stranger things have happened.

With another Tory majority they will only need 2 more election wins to outlast Castro.

A.L.

P.S. Live blogging the results later.....