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Article #7468

Re: Maude Barlow to Speak at Brilliant Cultural Center in Castlegar, BC, this Saturday

#7468
From: David
Date: Tue, 16 Nov 1999 00:00
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If you want to discuss the brilliance of  Ms. Barlow and her followers, why
don't we start with the "Banking Reality".  That sad reality, according to
Ms. Barlow and her researchers, had it that in the eighties and nineties,
Corporate Canada (via the BCNI), in conspiracy with the Conservatives,
maintained high interest rates to reduce unemployment in order to create a
low wage labour pool and to increase the deficit so that there would be
fresh impetus to call for massive spending cuts. The Conservative government
did this so that Corporate Canada would donate truckloads of money to the
Conservative Party.  Funny though, while the banks and Corporate Canada made
record profits, they laid off employees and harmed the domestic economy.
Exports have led Canada's economic growth while government spending cuts and
layoffs have shrunk the domestic economy. This is currently the case in Mike
Harris's Ontario where the domestic economy has actually shrinked since he
came to power. (Tax cuts don't work because they require governments to cut
spending which offsets any infusion of capital.) Both the domestic economy
and exports grew during the last year of the Rae government. The tax cutters
say that Ontario's tax cuts have caused Ontario's economy to boom. But as I
previously indicated, the economy took off before the Tories were elected.
Corporate Canada's new shell game is that we need to cut taxes to stay
competitive and to stop the so-called "brain drain." The corporate media
propagandists at Conrad Black's papers are now trying to deceive Canadians
into believing that tax cuts will create the "good society" when they are
really trying to sellout the public interest.
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From: David <davidj@home.com>
Subject: Re: Maude Barlow to Speak at Brilliant Cultural Center in Castlegar,  BC,  this Saturday
Date: 1999/11/16
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