.comment-link {margin-left:.6em;}

Electronic Elasticity

Tuesday, February 07, 2006

Recent Musings on Canadian politics:

Well I have now had two weeks to truly think about the shift in Canadian politics,and my vote, and I have managed some conclusions;

Item: I voted for the Green Party, or rather; voted AGAINST every other party.
Item: Contrary to my previous opinions on the Conservative win, I am now pretty surethat I "wont mind this government."

Those are the two things I have really been thinking about politically. Friends ofmine who are interested in politics generally lament Harper as our PM. Personally, Ido not like the cut of his jib. But he stands up to scruntiny quite well on manypolicy issues, and seems to by and large have a level head. Hes also from the West,and so I see it as likely that we will have an increased Federal presence of westernCanada soon, which I agree with.

Money is much heavier than initially percieved, and when Harper says that he wishesto examine the "fiscal imbalance", I take it to mean he wants to address the insane amount of federal debt dealt with by Alberta and her surplus. The West is generally more prosperous than the Centre / East of Canada, in terms of raw resources and growth especially. Ontario and Quebec obviously have the financial / commercialadvantage, and probably move more dollars around. But I doubt they actually produce more raw capital. The truth lies in the shares. Check the prices on oil and steel company shares, then go look at the prices on Financial institutions and high techcompanies. With Google as an exception, these are generally low. Oil comapny shares go for more than 100$ each usually, with steel close behind.

With the diamond development in Northern Canada, even that part of our country is beginning to shine in comparision to our more urbanized provinces. In my Urban History class this past semester, my professor predicted that British Columbia' surban centers would produce far more general prosperity and growth than Toronto /Montreal in the coming decades, especially as "entertaining cities". He did not go so far as to say that headquarters of large banks or institutions would move... butaside from that limiting factor, prospects seemed golden, in his opinion, for theWest in general.
That seems like a safe bet to me, despite my very limited (read: none) knowledge of economics. Production of real capital is the only thing allowingmovement of "virtual" capital, or speculation. Marx was right about that at least.

*********
By the by, if you the reader disagree with my incedibly ignorant generalizations and rantings, I'd like to read it! Seriously, post a comment calling me on my terrible tendancy to generalize and pretend I know my shit. FYI, I dont know my shit. Im about as authoritative as any independant source on the Internet...
*********

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home