Black Monday on its way!

[SASKFARMER3]

Black Monday on its way again, it seems its sure setting it self up for that. Confidence is gone from the market and with Bank failures starting to happen all over the world. The ripple is getting close to a tsunami. When speculators are loosing their house their not going to speculate on Grain, Their worried and its showing up. Fundamentals haven't changed at all.
One thing that farmers should start thinking about is their costs. Fert Seed chemical and farm machinery. All are 50% to high. If every single thing in the world is dropping in price (except gold) then they should to. All The farmers of the world are loosing big money and if the bleeding doesn't stop in grain it will next spring when their is no credit to seed a crop and no one buys any inputs.
Maybe we are on the cusp of 1929? Get ready for one really scary ride. The 24 Hour boom is over look out.
Now yes the USA and Europeon farmer is in better shape than their Canadian counter part because of revenue insurance. Maybe we should be asking our soon to be MPS if they are getting ready for this.

[agstar77]

Ready? Harper denies we have a problem, he has his head up his***!!

[silverback]

And what magical plan do your buddies have for us as?

Carbon taxes? That's smart.

Massive spending programs? Even smarter.

Shut down the oil industries? Brilliant.

[agstar77]

As far as I know Harper is still Prime Minister, so the buck stops there . What's his plan?

[silverback]

You didn't answer my question.

As far as I can see, our system has managed to be weathering the storm pretty good so far. I don't honestly understand how people like you as can be praying for a meltdown so badly just so the socialists can get back into office. Stephen Harper is an economist, and a pretty smart one at that. I will take his leadership in an economic shakedown anyday as compared to the other "leaders".

It is called management and if you can point out with some facts where the conservatives have mis-managed this economy over the past 2 1/2 years please do so now.

Feel free to answer my previous questions also.

[AdamSmith]

Let's compare plans

smilin jack - panic, then cut available fuel to the economic engine (busisness) yet demand that engine to pull a much heavier load. Yeah that's about right.

dion - similar to jack but with a heavier load to pull, and he'll have alot of meetings with a bunch of other people who also have close to zero clue.

duceppe - more money from the ROC for Quebec.

Steve - First and foremost, Don't panic. Don't make hasty decisions based on fear, get a handle on the situation then make adjustments as needed.

Sure steves plan isn't very good copy for political writers and MSM newscasts but it's what is required.

[AdamSmith]

Agstar, Bush had a plan. His plan was to spend over trillion of taxpayers money. Republicans and Democrats alike supported "the plan". How well you think "the plan" is working?

by the way "Plan" is code word for "throwing taxpayers money down a rat hole" "plans" plural, means lots and lots and lots of taxpayers money.

Thank god Harper doesn't have a "plan"

[AdamSmith]

As far as I know Harper is still Prime Minister, so the buck stops there . What's his plan?

In true big government loving socilaist form Agstar demonstrates that he thinks the PM is Santa Claus, the tooth fairy and Aladin's gennie all wrapped up in one.

The problem today is a crash of investor confidence which is rapidly spilling over into a crash of consumer confidence. Money by the gazzilions are moving into safe havens, people are shutting off spending because of uncertainty.

As PM the most irresponsible thing he could do is to add fuel to the fire by sending the signal that the GOC believes Canada is in trouble.


Do you not get it Aggie? In the mid 90's we hit the wall, Chretien to his credit, made some tough decisions at the time to deal with the situation, but I don't ever recall him panicing in public, he might have been pulling his hair out in private but as PM he had a greater responsibility to try and instill confidence.

I know this is an election but is it really worth that much to you to get rid of harper, where you want to see things get much worse than they already are?

It's sickening to see the libs and the dippers being chearleaders for economic collapse.

[craig]

Maybe we should get the CWB to run the country. They are suppose to be recession proof. By extracting premiums for 14.5% HRS wheat from the Sudanese they will be able to keep us a float while the world crumbles around us. Another benefit will be the ability of producers to wait a year and a half after delivery for their money.

[AdamSmith]

Canada PM Harper "optimistic" of Canadian economy

TORONTO, Oct 6 (Reuters) - Prime Minister Stephen Harper said on Monday he is "fundamentally optimistic" about the Canadian economy.

The prime minister, in an election stop near Ottawa, said the country is in a "relatively good position" compared to some other countries. (Reporting by Jennifer Kwan; Editing by Frank McGurty)
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Now if the PM took his cue's from aggie and the Libs

The headline would be

Canada PM Harper "pesimistic" of Canadian economy

And money would flee this country like it's fleeing the US and Europe.