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News Comments August 30th 2005

I've had a new idea for topics for this blog. Since I see news that I've often wanted to comment on, I decided to start a news comments portion of this blog. So for the inaugurate edition:

Report dispels idea that Americans see Canada as safe haven for terrorists

Not really much to say here. Only that, um... it's good that they don't see us as a safe haven for terrorists. Otherwise Bush would need to send in the Marines. That wouldn't be good now would it?

Gas crisis looms

This article's beginning is justified and a good read (for those business inclined). However the second half, entitled 'Hidden benefits lurking?' really pissed me off. It's exactly what capitalism has done to our society. Everyone's trying to make a quick buck off anything. I mean sure some jobs will be created, but what kind of jobs are those going to be? Cheap labour practically. And temporary at that too. What is this, disasters help the economy? Why don't you stop thinking about your precious economy and think about the people WHO HAVE DIED OR ARE IN DANGER OF DIEING? But no, I'm sitting in a plush office running simulations on how much money I can gain from this DISASTER. You'd probably enjoy it if we just dropped nukes on cities everytime the economy goes into a downturn eh?

So what benefits are there really? You'll get some (relatively) cheap jobs that are temporary. Funds funnel through the government, poured into the area, which pulls money from other areas. Sorry, money doesn't grow on trees despite what you may have thought. Of course, when you're the largest, richest country around, you can afford to rack up close to $9 trillion in debt. To put that in perspective, Canada has an anual GDP of aroud $1 trillion. Oh, for those of you who don't know, GDP stands for Gross Domestic Product and means 'The total market value of all the goods and services produced within the borders of a nation during a specified period.' ( So it would only take us 9 years of putting everything we produce's value into debt reduction. Not much huh?

That's all for now. Hope you enjoy my ranting... (I need to get some real smilies for this blog. It'll greatly help me convey my feelings.)
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Blogger Will wrote at 8/30/2005 9:07 p.m.

Are you talking about the states or Canada here? Or both?

All I have to say is that Canadian gas companies are gouging the eyes out of Canadians. A friend of mine went to the states and saw an Irving there where they were selling gas for 80 cents a litre. Canadian $. Why are we being gouged so badly?


Blogger Charlie wrote at 8/30/2005 9:49 p.m.

Well, it's the States in this case that I'm talking about.

As for gas prices, when and where did your friend get the gas? Cause the US average is right now is $2.70USD+ per gallon, which translates into around 90 cents Canada/litre. Of course, that's average which means there are higher and lower prices. In Ontario, prices were ranging anywhere from 93 cents to $1 per litre, but today I saw them increase a bit more to over $1.01. I'm sure we'll see these rise even more soon. So I wouldn't say we, Canadians, are being gouged much more. Probably the only difference is the tax. You know, in European countries, many are paying $5USD per gallon, which is like $1.60CAD/litre of gas, most of it being taxes. Then, you could go to Venezuala where it's like 12 cents per gallon of gas. That's like 4 cents Canadian a litre. Wow...    

Blogger jenna wrote at 9/13/2005 1:45 a.m.

I really like your conversation on debt reduction. I have a debt reduction secrets blog if you wanna come on over and check my stuff out.    

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