An article in the Sept. 15th edition of The Hamilton Spectator, quotes Harper as saying; “My own belief is if we were going to have some kind of crash or recession, we probably would have had it by now a year into the (financial) crisis”
Just as we don’t want to be governed by the religious beliefs of the New Conservative Party, we should be suspect of their leader’s economic beliefs. The fallout from the bank crisis in the states may only just be beginning. By giving the money industries a free hand we have created economies that are doomed to crash like the foolish man who built his house upon the sand. And just as he lost his home, far too many American’s and Canadians in danger of losing, or have lost, theirs.
On Sunday CBC ran The Great Wall Street Swindle, based on fact and not ‘belief’, the background and presumed effects of this debacle are frightening.
You can watch the 30 minute program here.
That there is more and potentially worse economic fallout to come, may in part explain why Harper disregarded his own rule about set election times and called an election before the full effects of neocon policies can be seen.