Deceit does not impress
Victoria, British Columbia - Thursday, June 3, 2010 by: Eugene Parks
The Prime Minister's moxy for deceit is again going international.
This past week he met with British PM Cameron claiming Canada was so stable that bank bailouts were not needed during the recent financial crises.
But in fact, the Harper government bailed out housing mortgages to the tune of at least $75 billion (possibly as high as $500 billion).
Naturally PM Cameron simply ignored Mr. Harper's advice on bank management.
Factless deceit does not go over well with allies. If the PM keeps it up at the G20 this month, world leaders will disbelieve anything the current Canadian government reports.
References:
Stealth, The Massive Canadian Bank Bailout, June 1, 2010, posted on SticvkyFeet
MRM, No Canadian bank bailouts? Says who?, December 10, 2009, Wellington Financial
The Canadian Press, Ottawa triples bailout cash, November 12, 2008, The Toronto Star
CTV News, Harper, Cameron disagree on bank tax issue, June 3, 2010, CTV
Picture credit:
British Prime Minister David Cameron speaks with Prime Minister Stephen Harper as they arrive for a joint press conference in the garden of 10 Downing Street in London, Thursday June 3, 2010. (AP / Toby Melville)