Friday, January 27, 2012

Signs of Hope & Change 2

There is trouble ahead on the labour front. Why else would two of Canada's largest Unions consider merging, for efficiencies or added clout? I'm thinking clout. The Canadian Auto Workers Union (CAW) and the Communications, Energy and Paperworkers Union,  (CEP) have a total of more than 320,000 members, and have been in discussions for weeks. They are circling the wagons, it won't be long before other unions do the same thing. We may be headed back to the era of general strikes in Canada, 91 years after the Winnipeg General Strike.
In Ontario, after eight years of spending like a drunken sailor, Premier Dalton McGuinty, is threatening to implement austerity measures because he has doubled spending and the provincial debt. The Province received a credit rating warning from Moody's, and he noted this week that half of all government spending (about $55 billion a year) goes to wages. His target will be the public sector unions. You can almost see the large chess pieces moving into place for the battle ahead, it will be epic.

In the US, Obama gave the State of the Union speech or should I say, the kick-off to his re-election campaign. This President is bankrupt, of both ideas and money. No more will Hope & Change be the mantra, we have moved into the era of envy and resentment. Equality and fairness will be Obama's new slogan. "A return to the American values of fair play and shared responsibility will help us protect our people and our economy." Forget the American dream, tax the rich, the Buffett Rule, that will solve America's problems, and give numerous tax credits to incentivize everyone. Looks like the IRS, will be the arbiter of wealth creation in America. And I loved this line: "I’m a Democrat. But I believe what Republican Abraham Lincoln believed: That Government should do for people only what they cannot do better by themselves, and no more." Right. That's why there are so many laws, and Obama will not hesitate to add to the pile.
All the while Mitt and Newt are duking it out for the GOP nomination, and are nothing to look forward to. I hope Ron Paul sticks it out to the end, and maybe brokers a deal for his support.

Just for fun, and because it would be cool, two 17 year-old boys from a high school where I was once a teacher, sent Lego man into near space and recorded the entire adventure. They even managed to retrieve Lego man, the recording equipment, 1500 photos and two videos from the landing spot 122 km away, without much of a search. They did this with no government help, no incentives but the pure joy of doing and discovering. Check out the video:

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