Canada has fairly strict banking rules in place, the kind Republicans claim overly burden our banking system and raise the cost of borrowing.
I think it's better to pay a little more for credit and avoid massive taxpayer bailouts of our banking institutions. And they make the banks hold their mortgages:
FTA: "See, in America, more than half the mortgages originated were intended for sale. In Canada, nearly all mortgages are held by the banks that issued them."
The good news is I've made a metric ass load of money off investing in Canada (NYSE: EWC). Which actually mitigated the damage to my investments when the US stock market collapsed. If you can't beat em, join em, eh?
What a condescendingly insulting article! "Reliably second-rate", Canada doing well = something having gone wrong, "Tim Hortons, Doug Henning, Justin Bieber, and Jason Bay being their primary contributions to higher culture"... I'm not even Canadian, but I got such an urge to punch the douchebag writer right in his (probably) fat, stupid face.
It's people like him that make the USA have a high-school girlish "reputation" in the world, while Canada has a renown.
You realize that Canada has a central bank as well, right? The Bank of Canada? (Same deal as the Fed). DangerCollie is right, the reason Canada does better is because Canada regulates it's banks to keep them from doing bats**t stupid things like sub prime mortgages.
Well Elected is a "hazy" word. I don't really think that Bush won the first presidency, Gore did, Bush just manipulated his way in. The second time was pure facepalmage. The rest of the world said WTF?
It's funny, Canada avoiding a major financial meltdown because their bank regulations are so conservative. The US had a meltdown because the "Conservatives" want to have very liberal bank regulations.
Yea, he forgot to mention William Shatner, Celine Dione, Jim Carrey, Keanu Reeves, Mike Myers, Laura Secord, Hudson Bay Company, Lake Ontario, Corner Gas, Rick Mercer, Saying "eh", French Canadians, Poutine, Chesterfields, Serviettes, Hockey, Cold, Igloo's, Lumberjack's, People named Francois, Three party Politics, and Rocket Robin Hood.
dangercollieAug 3, 2010Buried
Canada has fairly strict banking rules in place, the kind Republicans claim overly burden our banking system and raise the cost of borrowing.
I think it's better to pay a little more for credit and avoid massive taxpayer bailouts of our banking institutions. And they make the banks hold their mortgages:
FTA: "See, in America, more than half the mortgages originated were intended for sale. In Canada, nearly all mortgages are held by the banks that issued them."
The good news is I've made a metric ass load of money off investing in Canada (NYSE: EWC). Which actually mitigated the damage to my investments when the US stock market collapsed. If you can't beat em, join em, eh?
greatwhitmonkeyAug 4, 2010Buried
I for one welcome our new Canadian overlords.
fassAug 4, 2010Buried
What a condescendingly insulting article! "Reliably second-rate", Canada doing well = something having gone wrong, "Tim Hortons, Doug Henning, Justin Bieber, and Jason Bay being their primary contributions to higher culture"... I'm not even Canadian, but I got such an urge to punch the douchebag writer right in his (probably) fat, stupid face.
It's people like him that make the USA have a high-school girlish "reputation" in the world, while Canada has a renown.
pimpofpixelsAug 3, 2010Buried
Easy... We elected Bush.
mikeymooseAug 4, 2010Buried
Canada! f**k Yeah! (eh!)
pasarisAug 3, 2010Buried
Sure-footed and cautious wins the race.
palehorse68Aug 4, 2010Buried
You realize that Canada has a central bank as well, right? The Bank of Canada? (Same deal as the Fed). DangerCollie is right, the reason Canada does better is because Canada regulates it's banks to keep them from doing bats**t stupid things like sub prime mortgages.
http://en.wikipedia.org/wiki/Bank_of_Canada
lemadAug 4, 2010Buried
Leafs suck.
lemadAug 4, 2010Buried
How much money do Americans lose each year because their government refuses to nationalize healthcare? Enough to kill their economy.
But American politicians are blinded by ideologies and by what they think made them succesful in the past, while other countries are evolving.
chrysaliiAug 4, 2010Buried
Rush
all this and you forgot Rush.
modsuperstarAug 4, 2010Buried
It's in Toronto all the time, just costs $20 to go to the HHoF
g8kprAug 4, 2010Buried
Well Elected is a "hazy" word. I don't really think that Bush won the first presidency, Gore did, Bush just manipulated his way in. The second time was pure facepalmage. The rest of the world said WTF?
bonestampAug 4, 2010Buried
It's funny, Canada avoiding a major financial meltdown because their bank regulations are so conservative. The US had a meltdown because the "Conservatives" want to have very liberal bank regulations.
vbullingerAug 3, 2010Buried
Priorities people.
pasarisAug 4, 2010Buried
Patience. It's only been 43 years.
g8kprAug 4, 2010Buried
Yea, he forgot to mention William Shatner, Celine Dione, Jim Carrey, Keanu Reeves, Mike Myers, Laura Secord, Hudson Bay Company, Lake Ontario, Corner Gas, Rick Mercer, Saying "eh", French Canadians, Poutine, Chesterfields, Serviettes, Hockey, Cold, Igloo's, Lumberjack's, People named Francois, Three party Politics, and Rocket Robin Hood.
lemadAug 4, 2010Buried
It's not free of course. We pay for it, the the money goes to the patients, not marketing, or corruption.
dukeAug 4, 2010Buried
Colombia. Run by the drug cartels.
lemadAug 4, 2010Buried
We have no idea if Obama is good or not. He keeps getting blocked by retards.
liquidramAug 4, 2010Buried
Actually a large portion of your actors and performers are Canadian. They just don't advertise it. Look it up... it's a long list.