Friday, October 17, 2008


Some of my loyal and faithful Conservative readers of my blog continue to rant and whine about minor inaccuracies in my prediction of the outcome of the federal election. It is my hope that they will accept this publication of my picture upside down as a small admission of such inaccuracies so that they will cease and desist in their mindless drivel about what the result of the election really means.


Fakirs Canada said...

You're pretty funny. And poetical.
Marnie Tunay

Jim said...

I really enjoy tuning into your blog and hearing your perspectives. With regard to Harper's far-right agenda, I started thinking about:
1) How our Bank of Canada was nationalized in the 1930's,
2) How Andrew Jackson got rid of the Second Bank of the United States in the 1830's, and his reasons for doing so,
3) How the US Federal Reserve was created and who controls it,
4) The turmoil in the financial markets and the new call for global financial reform
5) The current influence of people like David Rockefeller and his ilk on US politics (and if that influence has oozed onto Harper) I emailed the Bank of Canada and asked them what would/could they do if Harper tried to privatize the Bank of Canada. No answer yet.
Any thoughts?

Darryl Raymaker said...

Marnie and Jim

Marnie - Thanks. That's a high compliment coming from you.

Jim - I don't think the Bank of Canada could do much if Harper decided to privatize it. Obviously it would become a political issue and his initiative would stand or fall depending on his strength in the Commons.

We do have a recent example of a battle between the Bank of Canada and the politicians. In the latter Diefenbaker era, Dief had a fight with the then Governor James Coyne (father of CBC reporter Andrew Coyne and uncle to Deborah Coyne - ardent anti Meech Lake advocate and mother of Trudeau's daughter)over monetary policy.

Although the case had some twists and turns Coyne left in 1961, effectively fired.

The result: Coyne was out as Governor and a new one replaced him.

So when the chips are down, I don't like the chances of the Bank of Canada standing in the way of a Government's determination.