Garth Turner: Wrong too many times to be believed (Now with G&M article)

Some pray that Canada suffers a debilitating recession, and others preach only doom and gloom.

Well, they have an agenda to pursue, don't they?

The Toronto Star, of all places, puts things in perspective:

Yet the wider economy is doing well. The well-publicized loss of manufacturing jobs, concentrated in Central Canada, amounts to 353,000 jobs since 2002. But in that same six-year period, Canada generated a net increase of 1.5 million new jobs, and not only in relatively low-paying tourism and food service sectors but professional, scientific and technical services as well as the health-care and social-assistance fields. Average hourly wages were $20.41 in 2007, up from $17.66 in 2002. And unemployment figures for Canada and the United States are going in opposite directions. The Canadian jobless rate for last month was 6.1 per cent, down from 7.5 per cent in 2002. The U.S. unemployment rate also is 6.1 per cent, but that's up from the 4 per cent to 5 per cent range earlier in the decade.

So, whenever you hear someone crying out that the sky is falling, just remember, they also may have told you to buy Nortel stock:

In a Canoe "Money" chat room back on Sept. 27, 2000, Turner assured participants that the stock market was undergoing a mini-correction, that the Dow would hit 30,000 by 2006, and that "Nortel [then trading at $96.60] is a wonderful company and, given the recent decline, I think it is a strong 'buy.'" That day, the TSE closed at 10,250.

Real the whole article, it provides special insight into Garth Turner's financial acumen.

Cowboy boots and leather blazers distract you from my shortness

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Garth Turner: Wrong too many times to be believed (Now with G&M article)

Some pray that Canada suffers a debilitating recession, and others preach only doom and gloom.

Well, they have an agenda to pursue, don't they?

The Toronto Star, of all places, puts things in perspective:

Yet the wider economy is doing well. The well-publicized loss of manufacturing jobs, concentrated in Central Canada, amounts to 353,000 jobs since 2002. But in that same six-year period, Canada generated a net increase of 1.5 million new jobs, and not only in relatively low-paying tourism and food service sectors but professional, scientific and technical services as well as the health-care and social-assistance fields. Average hourly wages were $20.41 in 2007, up from $17.66 in 2002. And unemployment figures for Canada and the United States are going in opposite directions. The Canadian jobless rate for last month was 6.1 per cent, down from 7.5 per cent in 2002. The U.S. unemployment rate also is 6.1 per cent, but that's up from the 4 per cent to 5 per cent range earlier in the decade.

So, whenever you hear someone crying out that the sky is falling, just remember, they also may have told you to buy Nortel stock:

In a Canoe "Money" chat room back on Sept. 27, 2000, Turner assured participants that the stock market was undergoing a mini-correction, that the Dow would hit 30,000 by 2006, and that "Nortel [then trading at $96.60] is a wonderful company and, given the recent decline, I think it is a strong 'buy.'" That day, the TSE closed at 10,250.

Real the whole article, it provides special insight into Garth Turner's financial acumen.

Cowboy boots and leather blazers distract you from my shortness

.

Garth Turner and Voo-Doo economics

Stephen Taylor has a blog post on another irregularity in Liberal Garth Turner's campaign.

Garth Turner: "I did not think to change the wording on my website from the Garth Turner campaign to the Halton Liberal Association, so cheque-writers would face no delays or hassles in getting tax receipts. Whoops. Screw up."

The gist is that if Garth moved over $1100 from his Garth Turner trust account, into his Garth Turner Liberal Candidate account, it may be illegal, and he is spending money on his campaign that he is not entitled to spend.

Should Turner be called before a Parliamentary committee, so MPs can study what happened, and make sure this sort of thing never happens again?

hocus-pocus

Garth Turner and Voo-Doo economics

Stephen Taylor has a blog post on another irregularity in Liberal Garth Turner's campaign.

Garth Turner: "I did not think to change the wording on my website from the Garth Turner campaign to the Halton Liberal Association, so cheque-writers would face no delays or hassles in getting tax receipts. Whoops. Screw up."

The gist is that if Garth moved over $1100 from his Garth Turner trust account, into his Garth Turner Liberal Candidate account, it may be illegal, and he is spending money on his campaign that he is not entitled to spend.

Should Turner be called before a Parliamentary committee, so MPs can study what happened, and make sure this sort of thing never happens again?

hocus-pocus

Garth Turner advertising a Lisa Raitt DeathWatch

Garth Turner is the king of hypocrisy. What he will admonish others for, is fair game for him.

As a prime example, he's railed against Gerry Ritz for making off-colour Listeria jokes regarding the death of an MP, but he is all for supposedly funny death watches regarding his Conservative opponent, Lisa Raitt. (below)

It is one thing for some random blogger to post such a thing - heck, there's worse stuff than that out there - and it is a freedom of expression thing. But for an MP to post and advertise something like that is another matter altogether.

It reeks of bad judgement.

What needs to happen is clear, Garth Turner needs to apologize, and Stephane Dion must demand Garth step aside as a Liberal candidate. If not, the entire Liberal Party cannot be taken seriously when they claim they want to raise the level of political debate.

Bad timing for a party that was getting some lift from the Ritz comments, but..once again, Garth Turner bites the hand..

Update: Garth has taken down the offending photo. Not because it was the right thing to do, but only because, " rabid Conservative bloggers would love to misinterprete this, accusing me of pulling a Gerry Ritz in Halton". Nice guy.

Garth Turner advertising a Lisa Raitt DeathWatch

Garth Turner is the king of hypocrisy. What he will admonish others for, is fair game for him.

As a prime example, he's railed against Gerry Ritz for making off-colour Listeria jokes regarding the death of an MP, but he is all for supposedly funny death watches regarding his Conservative opponent, Lisa Raitt. (below)

It is one thing for some random blogger to post such a thing - heck, there's worse stuff than that out there - and it is a freedom of expression thing. But for an MP to post and advertise something like that is another matter altogether.

It reeks of bad judgement.

What needs to happen is clear, Garth Turner needs to apologize, and Stephane Dion must demand Garth step aside as a Liberal candidate. If not, the entire Liberal Party cannot be taken seriously when they claim they want to raise the level of political debate.

Bad timing for a party that was getting some lift from the Ritz comments, but..once again, Garth Turner bites the hand..

Update: Garth has taken down the offending photo. Not because it was the right thing to do, but only because, " rabid Conservative bloggers would love to misinterprete this, accusing me of pulling a Gerry Ritz in Halton". Nice guy.