Not Partisan
One of my recurring themes here on the blog is that one of the problems with right wingers these days is that they have no ability to distinguish between things that are partisan in nature and things that aren't. See here or here for a couple of examples.
Just in case there are any right wingers out there who want to change this habit, here's a tip for the future. When a serious economic crisis threatens the country*, that is not the time for partisan games.
* On the off chance someone wants to try and argue we're not facing a serious economic crisis, save it. The prices of our main exports are plunging, our major trading partners are in recession and facing worse, some of the largest employers in the country are on the verge of bankruptcy, with many more of the country's biggest most stable companies needing to raise funds at distress prices and trading at levels that suggest very high risk, our housing markets are falling fast, government budgets are coming under increasing strain, and we're only getting started. Just because the coyote hasn't looked down yet doesn't mean we haven't run off the cliff.
P.S. What's wrong with Andrew Coyne these days? For someone who supports proportional representation he seems awfully bent out of shape at the idea of having a government that actually represents a majority of the votes cast for once.
And he's making all sorts of crazy arguments of the sort you'd normally associate with loony national post types (such as Colby Cosh who actually sees a day of trading in which the TSX dropped less than U.S. markets (comparing like sector to sector, e.g. financials were down 9% in Canada, 17% in the U.S.) and thinks that this proves that 'Money has cast a vote' against the coalition. People who have yet to realize that the TSX is heavily weighted in commodities and that on a day when commodities do poorly, the overall TSX index will do poorly, really shouldn't be commenting on the stock market, but that's what I get for reading the national post where the only qualification required is ideology not actual knowledge.
Just in case there are any right wingers out there who want to change this habit, here's a tip for the future. When a serious economic crisis threatens the country*, that is not the time for partisan games.
* On the off chance someone wants to try and argue we're not facing a serious economic crisis, save it. The prices of our main exports are plunging, our major trading partners are in recession and facing worse, some of the largest employers in the country are on the verge of bankruptcy, with many more of the country's biggest most stable companies needing to raise funds at distress prices and trading at levels that suggest very high risk, our housing markets are falling fast, government budgets are coming under increasing strain, and we're only getting started. Just because the coyote hasn't looked down yet doesn't mean we haven't run off the cliff.
P.S. What's wrong with Andrew Coyne these days? For someone who supports proportional representation he seems awfully bent out of shape at the idea of having a government that actually represents a majority of the votes cast for once.
And he's making all sorts of crazy arguments of the sort you'd normally associate with loony national post types (such as Colby Cosh who actually sees a day of trading in which the TSX dropped less than U.S. markets (comparing like sector to sector, e.g. financials were down 9% in Canada, 17% in the U.S.) and thinks that this proves that 'Money has cast a vote' against the coalition. People who have yet to realize that the TSX is heavily weighted in commodities and that on a day when commodities do poorly, the overall TSX index will do poorly, really shouldn't be commenting on the stock market, but that's what I get for reading the national post where the only qualification required is ideology not actual knowledge.
Labels: andrew coyne, conservative party, financial markets, national post is a joke, partisan

