Fiscal Mismanagement.

Yet again the Federal Government is just figuring out that there may be an issue with the amount of tax revenues required to fulfill its agenda. The Conservative (did I say Conservative) Government is just realizing that "hey, we owe a lot of money!" It doesn't take a genius to understand that when you borrow you eventually have to pay back.

The notion that short-term fixes such as infrastructure spending - isn't it just all construction spending really - is similar to placing a band-aid on a bleeding carotid artery. The current allocated monies have run out and now what. Oh, let's see.. cut programs....raise taxes....increase service charges etc... And for what reason was the spending for? So that some companies can benefit such as GM. You would think building cars was a strategic thing for the government to be involved in. I thought there was competition there...

Anyways, the up and down cycle of the economy as we know is due to poor monetary policy and a capitalistic marketplace based on false advertising and manipulation. We need to address the future by investing (how does one invest really when money is merely a form of debt certificates) to create a society based on more natural and humane principles. In my opinion, the days of market speculation and manipulation will soon be behind us as they will have ripped the innards out of the economy leaving the corpse of the old ways to die. And out of the decay will rise a new and more just society based not on greed but on contribution.