Even Brits Get It

Posted on Friday, September 15 at 10:40 by eugene
Thoms d'Aquino and the CCCE are integrationists, a quizzling class of capitalist compradors. The FTA and NAFTA were never about Free Trade but an intergrated market in North America, the Contientalist dream of Bay Street. An example of this contientalism is TD PriceWaterhouse.Whose ads in America are for its investment banking business Price Waterhouse that was bought out by Canada's TD bank. In Canada the TD Bank, formerly the Toronto Domion, now includes TD Price Waterhouse, the former Canada Trust and TDNorthBank an American bank. The reason the banks want the ability to merge in Canada is for market capitalization that would allow them to buy into the American market even more. And this is the whole short coming of the CCCE they want our poilitcal economy to look like their intergrated North American boardrooms. The shortsightedness of the Contientalists produced Harpers softwood deal. But capitalism is global in reach. And this is anathema to the conservative continetalists. They do want a steady state capitalist economy, one that shuts out the world and locks us into Fortress North America. But as always the wiff and poof of capitalism gets in the way. When the big Canadian Resource companies Teck-Caminco, Inco, Falconbridge began trying to buy each other out to create the ultimate Resource monopoly, they left themselves open to take over by equally voracious global capitalists from abroad. Their failure was to look abroad for investment opportunities. They really were risk averse to playing in the global marketplace. They only looked as far as their back yard. Unlike Indias Mittal Steel which invests globally and owns major steel companies in the U.S. and now owns Defasco. Contientalism in Canada has been tried before its called the Auto Pact, and today as the Big 3 American auto companies collapse before the onslaught of global competition, we find ourselves bailing them out, while Toyota, Honda, and their global competitiors invest in Canada. Free Trade means you are willing to play in the global marketplace not just stay at home buying up each others businesses. Genuine Free Trade is not contientalism, it is in essence Fair Trade globally. http://plawiuk.blogspot.com/2006/09/even-brits-get-it.html

Note: http://plawiuk.blogspot...

Contributed By



Article Rating

 (0 votes) 

Options





You need to be a member and be logged into the site, to comment on stories.




Your Voice

To post to the site, just sign up for a free membership/user account and then hit submit. Posts in English or French are welcome. You can email any other suggestions or comments on site content to the site editor. (Please note that Vive le Canada does not necessarily endorse the opinions or comments posted on the site.)

canadian bloggers | canadian news