Thursday, January 12, 2006

Banks Cheer For Conservative Majority

Here is another good reason for a Conservative Majority, Bank Mergers. A crucial issue for Joe and Janey Canuck.

Of course it's not in their platform as an official position either. Wait they haven't released their platform yet. Maybe it will show up as a footnote from Monte Solberg.

Anyways include the Banks and Bay Street for those looking forward to a Conservative majority.

Tories' ascent fuels hope for bank mergers

With polls suggesting his Conservative Party is headed toward a possible majority government, Canadian investors swiftly returned yesterday to one of their favourite pastimes: Rolling the dice once more on the on-again-off-again prospect that the country's Big Six banks finally will be allowed to pursue mergers.

Shares of Bank of Montreal, the most obvious takeover target if Ottawa endorses consolidation, reached a 52-week high, finishing the day at $67.83 on the Toronto Stock Exchange -- a gain of $1.63 or 2.5 per cent. Canadian Imperial Bank of Commerce, which also figures to be prey for a larger rival, enjoyed a similarly strong day, rising 1.6 per cent or $1.24 to $80.51.

Mind you, none of these bets has paid off for investors in the past decade. But interest in the merger file has always enjoyed something of a Lazarus quality, and this latest resurrection has occurred squarely in lockstep with the sudden revival of Mr. Harper's Conservatives.

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Buzz Me I'm A Liberal

Bad enough Buzz Hargrove of the CAW is a poster boy on the Liberal.ca website now he is appearing in candidate ads along with Paul Martin. This is Buzz's definition of being to the Left of the NDP.

A tip o the blog to BBS for this.
















My artices on Buzz


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Orchard Supports Axeworthy

The Reform Alliance members of the Conservative Party always suspected that Canadian Nationalist Progressive David Orchard was really NDP lite. This proves their point, but does not mean that he isn't a Red Tory, which is also NDP lite.

 David Orchard. A Liberal. In Saskatoon. I'm not making this up.writes Calgary Grit.

And it does not absolve the Conservatives of the $70,000 they still owe him. Which as theylike to say, 'is dirty money', that they are using in their campaign.

Well yes he is supporting 'Liberal' candidate Chris Axeworthy. Axeworthy who was on the right wing of the NDP and a former NDP MP split with the party over the debate on the Third Way. He wanted the party to move to the centre ala Blairs New Labour. So there you have it. Essentially the right wing of the NDP has been home to Liberals and Progressive Conservatives. Under Layton they should feel at home once again after the Liberals lose this election.

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The New Capitalism; Make A Profit Cut Jobs

Sorry that should have read same old capitalism, well at least Casino Capitalism for the last twenty years where job cuts have seen Wall Street investors rub their hands with glee and increase the corporate valuation of of companies that shed jobs. Now remember those Income Trusts that Monte Solberg was whining about recently. The ones that all those mythical seniors had their money in. The income trusts that are a tax shelter for corportations, executives and managers.

Well here is one that just made a profit and is cutting jobs. The reason, well it wants to make more profits. Which it can do cause now it is going to pay even lower taxes on its investment income.

One that we are familar with cause we read their newspapers and watch their TV channels daily.

Love these two conflicting headlines though they say it all;

CanWest MediaWorks profit soars on lower taxes

CanWest says rising costs may force cuts


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No Tears for Sharon

The tears and praises for Ariel Sharon are misplaced. This man was a butcher, the creator of the land grab settlement projects, etc. etc. He is the very icon of Israeli Occupation that those who defend this in the West do with the false apologetics that Israel is a democracy. Sharon deserves no tears.


1953 Sharon raid burns in psyche

Ariel Sharon transformed himself
As well, he conceived and co-ordinated the 1982 invasion of Lebanon, a venture that more or less imploded when Israel’s Christian Phalange allies murdered hundreds of Palestinian civilians in the Sabra and Shatila refugee camps in a human and public relations disaster. In 1983, the Kahan Commission found him indirectly responsible for the massacre, and he stepped down in disgrace.

How Quickly They Forget the Real Sharon "Eating Palestine for Breakfast"

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Cry Justice

Four years in jail without trial. A Canadian teenager is kept in the isolation hell that is America's illegal jail in Cuba. He has grown up in this hell hole. Yesterday he finally had his day in court. Khadr faces accusers Not a real court a military court.

This is America's enemy an acne scared Canadian teenager.

This is Canada's shame that he should have rotted there for this long with nary a word or protest by our government, he is after all a Canadian teenager. And as such would not have faced the same treatment here. Which of course is why he has been held illegally by the Americans. In order to get the big fish, his father and brothers. Its called blackmail.

And it is another exposure of the hypocrisy of the Canadian State security act and fetish for denying Canadians of arabic background or muslim religious beliefs their human rights. Some Canadians are more equal than others.
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Making the punishment fit the crime

This just in. SonyBMG who stuck spyware in their anti-copying software
(Sony BMG Brother) has now faced the wrath of de judge. Here come de judge, here come de judge. Who gave them the fickle finger of fate. (I'm in a Laugh In mood)

US Judge approves Sony settlement
BBC News - 24 minutes ago
Millions of people look set to get free downloads from Sony BMG as a judge provisionally approves a settlement for many lawsuits against the music maker.




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They Live Where?

Another challenge to Intelligent Design. California high school sued over 'intelligent design' class

Except this time it is taking place in a rural mountain village, smack dab on the San Andreas fault. A Fault Line for 'Intelligent Design'

Now that really shows lack of intelligence and design. Living on the San Andreas fault. I would pray too.

My other science articles

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Wow

Thats about all you can say about this:

Image: Orion Nebula
The Hubble Space Telescope's latest view of the Orion Nebula shows more than 3,000 stars, some of which have never been seen in visible light.


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Confrontation on the High Seas

Japan's unethical and covert whaling fleet rammed Greenpeace and Sea Shepard protestors on the weekend in the Antarctic waters.

Japan says clashes at sea could reduce whale catch

Damn straight as I reported here the other day. This is real Junk Science. A Greenpeace activist left a link to their blog.

Disguised as a scientific study of dead whales the Japanese are using the cover of science for whaling for food.

Battle On High Seas: Japan's target is to kill 935 whales

New Zealand has raised the issue with Japan, will Canada condemn this too or is our Government too busy with dog paddling in the polls. New Zealand seeks anti-whaling pressure on Japan



Crew from the Sea Shepherd get up close and personal with the giant bow of the Japanese whaler Nisshin Maru.

Crew from the Sea Shepherd get up close and personal with the giant bow of the Japanese whaler Nisshin Maru.


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