Friday, July 04, 2014
Kathleen Wynne, the Cons, and the Moody's Mob
I'm pretty sure not many people in Ontario, let alone the rest of Canada, took time off from their busy lives, or Summer, to watch Kathleen Wynne's Throne Speech today.
And neither did I eh?
Because summer is too precious, life is too short, and since I'm flying to Britain soon, I've got other things to worry about.
But it was an interesting declaration of faith in the power of putting people first.
Premier Kathleen Wynne has rolled out a progressive, energetic agenda in her first majority Speech from the Throne. Vowing to lead from the “activist centre,” her Liberals appear determined to honour their campaign pledges to put people first, and then some.
And what happens next could play a major role in the next federal section.
Because even before the speech was delivered, the Moody's mob was threatening dire consequences.
Moody's credit rating agency changed Ontario's debt rating Wednesday to negative from stable, citing concerns about the province's ability to eliminate a $12.5 billion deficit by 2017-18 as scheduled.
"Ontario's rating could be downgraded if the province fails to provide clear signals of its ability and willingness to implement the required measures to redress the current fiscal pressures," said Moody's.
Even though the province runs the leanest per capita government in Canada. Even though the rising U.S. economy should help lift the Ontario boat.
And even though as Kathleen Wynne points out, you should be able to do more than one thing at a time...
But then what else do we expect from credit rating agencies like Moody's?
Who are nothing but the high priests or enforcers of the existing Capitalist Order.
The corrupted failing system where the rich are getting richer.
While the poor get poorer.
The Wall Street hogs who will stand no deviation from the policies of austerity that have caused so much human misery here and all over the world.
And of course are only echoing what the Cons, whose economic policies have only benefited Big Business and their beloved province of Alberta, are saying themselves.
Finance Minister Joe Oliver says Ontario is facing a difficult economy, but is urging Liberal Premier Kathleen Wynne to aggressively take on the province’s growing deficit in next month’s post-election budget.
So you can see where this one is going. If Ontario is downgraded, Harper, Oliver and the other oil pimps will use that to claim that Justin Trudeau's Liberals would do the same thing to Canada.
I mean can't you just see them?
And the good news? I don't think it will work.
I think Canadians are ready for something different. I think they want a more activist and more Canadian government. A government that helps poor children, and boosts the CPP so more seniors can live in dignity.
I think they are looking for less austerity and more hope, and that's a big reason Justin Trudeau is so popular.
It will be a challenge. the existing order is disturbed.
But if Kathleen Wynne is successful.
She can help send the whole grubby Con gang.
To the place they belong...
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