Angry in the Great White North
"It's brutal. It's third world. It's unbelievable."
Saturday, November 26, 2005 at 10:57 AM

Read other posts by Steve Janke published by the National Post
Leader

It's also quintessentially Canadian, at least with this tired and incompetent Liberal Party in power.

What is it? It is the ridiculous manner in which tax policy regarding income trusts and dividents was being announced, changed, and leaked over the last week.

Since then, it has been full-scale panic as Ottawa dealt with all sorts of anger from all sorts of people -- market participants, industry executives, retail investors and pension funds.

And the final straw: "The government then tells a bunch of Bay Street insiders what it is going to do so they can profit. And then it does it. It's insane," added the banker.

Read the whole thing at Autonomous Source.

These are prudent fiscal managers? Unindicted leaders of a criminal cartel, more like.

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