Newsbeat1 Hansard Excerpts QP Nov.28, 05, RCMP & Palango -&- Income Trusts

Updates have been added to this and to the Keystroke Logger post. There's a new post from Bud Talkinghorn also.





Merry Christmas to all
And to all a good night

A service of the Government of Canada



Check the headers--Hansard Excerpts and more Nov. 29, 05

Then, there is this budding scandal: Ralph Goodale, explain this graph -- however, online, the graph is missing, Tell the National Post Editor Nov. 29, 05 National Post/Bloomberg News



S&P-TSX Capped Trust Index









This is my rough approximation of the graph in the NP Nov. 29, 05, from Bloomberg News

It musta bin de udda guys.


There was a sharp--exceedingly sharp--rise in trading . . . just before Ralph Goodale's announcement on income trusts; some people made money and others who know more about trading patterns have suggested that there was a leak which allowed money making.



The income trust thing has gone from being a series of screw-ups to an exploding screw-up with shrapnel and fire.

I wonder how Ralph Goodale is feeling right now. Not too sprightly either I bet. The income trust thing has gone from being a series of screw-ups to an exploding screw-up with shrapnel and fire. If there was a leak of some kind from Ralph's office that allowed some investor to fill his or her boots like a Liberal advertising executive then Ralph would have to resign. If someone leaked something intentionally then they would probably have to do the Canadian version of going to prison, which would be, I suppose, quite similar to the hardships you face when you go to prison in the game Monopoly.

Anyway, I bet Ralph wishes he had never heard of income trusts, and income trust holders probably wish he hadn't heard of them either. [. . . . ]

Update Insert:

Western Standard | A Huge Conflict Of Interest via Jack's Newswatch, Nov. 29, 05

Greg Staples noted what should be a huge conflict of interest that few people seem to be talking about, namely the fact that Charles Bird, described in Jane Taber's front-page column in the Globe and Mail yesterday as "a lobbyist for Bell Globemedia," is serving as the Ontario campaign chairman for the federal Liberals. How does someone who lobbies the government get to run the campaign of the party in power? That's Mr. Bird's first conflict.

Jack has the links for the following: Jack's Newswatch: Scroll down for "Canadian News | Monday, November 28th, 2005"

The Conservatives and the NDP have called for an investigation into the possibility that important information was leaked to Bay Street from Finance Minister Ralph Goodale's office last week.

Related: Gin And Tonic | When is insider trading OK? When it's government sponsored!
Related: CTV | Conservatives demand probe of tax announcement
Related: CP | Tories, NDP demand probe into alleged leaks to investors about tax policies

AutonomousSource: Incompetence and corruption at Finance Nov. 25, 05

http://
autonomoussource.com/
archive/000746.html

In September, the Finance department announced that because income trusts were costing the government $300,000,000 a year in lost tax revenue (that was desperately needed to fund more vote-buying schemes), the government was investigating changing the rules as to how these investment vehicles worked. This caused a lot of churn in the markets as investors drove down the prices. On Wednesday this week, the government declared their intention to leave the trusts alone, and instead reduce the taxes on stock dividends to try and level the investment playing field.

This doesn't sound very bad, and lower taxes are always a good thing, but the way it was done (which I'm going to get into) indicates that the Finance department has no idea what it's doing.

It began Wednesday at 5:20 pm, when John McKay, the parliamentary secretary of Ralph Goodale, went on live television and casually announced a major tax policy as easily as he might have announced new funding for macramé training for immigrants in a too-close-too-call riding -- and didn't even have his facts straight: [. . . . ]

Hansard excerpts-Last Question Period before they hit the campaign trail-Nov28, 2005

Original -- the full catastrophe, as it were


RCMP: The Heart of the Matter

Scroll down: The deterioration started a long time ago

Book on the RCMP and what happened to our force: Paul Palango: The Last Guardians -- I have read it and I learned.



'This Government Has Lost The Moral Authority To Govern' Captain's Quarters, November 28, 2005 -- Trackback

The CBC doesn't offer a lot more about the vote, but they do have Paul Martin calling the Tories "Neo-Conservatives". What does that mean -- that Stephen Harper wants to invade Iraq to establish seeds of democracy in the Middle East? Or perhaps Martin thinks it just sounds scary. If that's an example of how Martin will campaign over the next six to eight weeks, the Liberals may want to rethink the leadership while they still have a chance. [. . . . ]

OSM / PajamasMedia -- new Open Source Media

http://
www.osm.org

AutonomousSource

http://
autonomoussource.com


FINTRAC Report: Nov. 2005 & the website: FINTRAC

http://
www.fintrac.gc.ca/intro_e.asp

Photo Ottawa Veterans: Demonstration in support of Frank Laverty, Nov. 11, 05 -- also a letter in support of the veterans' stance in relation to the Governor General


Memory Lane

FHTR June 6, 04 -- Search: WASTE MY MONEY... I'M CANADIAN.

Search: so-called blind trust


See the next post for a jpeg/jpg of the Gremlin in Google's link that I found subsequently. Now, how do you suppose these things happen?

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