Mike's Daily Comment

Can You Criticize the GM Sell Off – Corporate welfare in the form of the $13.7 Canadian Government bailout of GM now has the opposition parties crying foul

Nine countries in Europe have negative interest rates and they are issuing bonds where you actually pay the Government to hold your money. Business as usual?

The Senate Spending Scandal – Important but if you want abuse of tax dollars, consider the Auditor General’s office under Sheila Fraser issued 31 separate reports of mismanagment and questionable spending on

Passing on the Bill – “For short term politicial gain, in order to make certain constituencies happy, to give people what they want with no sacrifice, we are willing to throw future generations under the bus”

Protecting the Gravy Train – Since the advent of the credit crisis 7 years ago, followed by Europes Soverign Debt problem, the go to policy has been to encourage more