Where Have The Nationalists Gone?

According to Wendy Dobson "We should be concerned about creating favourable tax and other conditions for our small and mid-sized companies."

Yes we should be concerned about that.

"We should be asking if government policy is creating an environment that enables promising enterprises to spread their wings."
Ms. Dobson is just worried that we'll run out of enterprises that are able to spread their wings and fly away.
It has been the Canadian dream as of late to grow your business for no other reason than to cash it in for Greenbacks and Euro's and it is shameful of our business leaders to do it, it's shameful of our Gov't to allow it and it's shameful of the public to sit back and watch it.


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Everybody got to deviate from the norm

The people who run this country have significant foreign investments in their portfolios............it is a hallmark of a successful Canadian businessperson NOT to have investments in Canadian businesses.

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"Son, if you wanna get ahead in this world, never work for another man as long as you live."

The biggest problem, as it is shown in the article, are the brainwashed, warped minded and criminal economists, who are misleading the governments and the public.

Foreign investment is the biggest con job and fraud. Its only purpose is to inflate the money supply of another country and take over its resources, especially now, when banks are permitted to create unlimited amounts of capital for the purpose.

Now comes the charge that, "if we're not business friendly, the large corporations will withdraw their funds from the country and leave us destitute"

Like hell !!! The sooner they withdraw the better it will be, because the same money creating system that gave them the power to take over the country, can also be used to get rid of them and make their investments worthless, using the collateral the takeover capital was originally created against. Provided money creation is taken away from the corporate mafia and back into the hands of the public, for the public's good

So what, if some economists get heart attacks? The fewer the better.

Economic nationalism is the only way to go and Canada is the best suited country on Earth to do it, while maintaining a valuable and necessary "trading", but not "commercial" relationaship with others for the exchange of the resources necessary for everybody's self sufficiency.

Ed Deak, Big Lake, BC.

A few days ago, I heard a Canadian financial advisor say on TV that
Canadians should have ALL of their investments outside the country.

Isn't that treason? If it isn't, it should be.

If Canadians had all their investments outside the country, and if they did it right, the Canadian government wouldn't be able to tax the profits made from these investments. I kinda like the thought of that...........

Now if at the same time, as Ed says, no foreign investments were allowed INTO Canada, we might be onto something............

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"Son, if you wanna get ahead in this world, never work for another man as long as you live."

"Economic nationalism is the only way to go and Canada is the best suited country on Earth to do it, while maintaining a valuable and necessary 'trading', but not 'commercial' relationaship with others for the exchange of the resources necessary for everybody's self sufficiency."

The "do everything yourself" school of economics would inevitably result in a lower standard of living for Canadians. Why? Because such an economy is a breeding ground for monopolies. Monopolies charge more for goods of inferior quality. Private monopolies become arrogant and complacent, having no incentive to deliver value to customers or improve their processes. And government-run monopolies are even worse. Imagine large-scale enterprises run like the gun registry.

We would not only be lowering our standard of living but also losing freedom of choice. Think too of how much power this would put in the hands of governments, who would fill the ranks of public monopolies with their cronies and hacks, and would pick their favourites in the private sector to have the exclusive rights to given markets as private monopolies.

A person shouldn't have to make everything himself, and neither should a country. We will not be well served by a nostalgic yearning for the cottage industry or the isolated village. The fact that collectivist models don't scale well beyond the size of such communities is collectivism's problem, not ours.

Individualist, I am not sure I follow your reasoning here.

In some cases government monopolies work better than private monopolies. Once a company is privatized under the corporate globalization theory there is no longer any local control. When the Nova Scotia privatized the electoral utility it quickly became a multinational, stopped investing in maintaining its infrastructure, and put retained earnings into expansion. Today it has become far less dependable than was the publicly owned company. Governments have to be far more sensitive to the customers than privately owned utilities.

The other question relates to the economic fundamentalism which is based on the assumption that those who control capital have the freedom to do whatever they want with it globally. Traditional capitalism was based on the assumption that the capitalist would employ his investment capital as close as possible to where he lived in order to watch over its application.

Today in many cases the capitalist does not really monitor his investments other than to ensure its growth in value. That means that it is in the self-interest of the person who controls that capital to move it as far as possible from the perview of the owner. That is why Canadian capital flows out of Canada (now faster than it moves in) and foreign capital is encouraged to flow in. It is a method of destroying social responsibility: what you don't see won't bother you.

The loyalty of the economic elite is directed to their economic class not to the nation. They don't care what happens to the economy at home as long as their net worth increases. That continues until their personal security is threatened and their first reaction is to turn to right wing parties that promote harsher justice, longer sentences, more prisons, militarism, and policies that protect their position of privilege in society.

We should be asking if government policy is creating an environment that enables promising enterprises to spread their wings."<<

In other words, construe a program that will burden the tax payer but enable coporations to grow to the point they are desirable to American investors. Yes indeed, we must all demand this from our government.

>The panacea of lower tax rates for business — which already pays only a small and declining portion of total government receipts, with citizens picking up an ever-growing share — has zero relevance in a board's decision to enrich its shareholders and senior management by accepting a sudden windfall from a lucrative takeover offer. <<

Yet the tax payer see's no windfall.

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Expect little from life and get more from it.

<blockquote>Monopolies charge more for goods of inferior quality. Private monopolies become arrogant and complacent, having no incentive to deliver value to customers or improve their processes. And government-run monopolies are even worse. Imagine large-scale enterprises run like the gun registry. </blockquote> But a monolply for essential services is exactally the opposite (and the gun registry is not an essential service). Government should have monopolies on things like basic infrastructure needs; water, electricity, sewage; otherwise the private monopoly will charge higher and higher prices for falling levels of service.<p> <blockquote>We would not only be lowering our standard of living but also losing freedom of choice.</blockquote> Alberta privatized gas and electricity some time ago, and what a dismal failure it is. The government is fond of saying 'you can switch to another provider! You have choice!' but they lie. Just try to switch to EPCOR or ENMAX. Nethier service all areas outside Edmonton or Calgary. Residents of ethier city can switch, but the rest of Albertans are SOL. And so we pay whatever we are told to pay so we rednecks don't have to 'freeze in the dark' as it were.<p> With any monopoly on essential goods or services, you lose your freedom of choice. Under a Government monopoly, you don't have to pay through the nose for it, as their motiviation is not profit at all costs.<p><p>---<br>"I think it's important to always carry enough technology to restart civilization, should it be necessary." Mark Tilden<br />