Showing posts with label protectionists. Show all posts
Showing posts with label protectionists. Show all posts

Tuesday, November 04, 2008

A Moment of Silence...

For the late great US of A!

Tomorrow, the reality sets in, not for Democrats, but for Republicans. Like the Liberal party in Canada, the Republicans in the US have forgotten what they stand for, and needed this kick in the butt to wake them up.

Thank goodness we have a "bully" for a PM, because Canada will need a strong leader to stop the protectionist Democrat's from running all over the NAFTA agreement. Our ace in the hole is oil. If they try to stop auto manufacturing in Ontario, we can slap them with reduced oil supplies.

What might be interesting is how oil companies react. If Obama raises taxes, imposes a cap and trade scheme, and stops drilling in America, will the oil companies relocate to Canada? If our taxes are lower, and we allow drilling, why wouldn't they? A businesses main goal is profit, if Obama makes that impossible in the US, what would stop not only oil companies but other companies from relocating? If they can relocate to India and China, why not here, in good old safe Canada?

I predict foreign investment in Canada to increase. If the NAFTA agreement gets reopened, it's a great time for us to renegotiate our position on oil and gas. Also, don't forget our fresh water supply, which is off limits in NAFTA. If the Arctic ice is melting, why not capture that fresh water before it hits the salty ocean and sell it to America? If we can have an oil pipeline, why not a fresh water pipeline direct to California? Heck, it would even stop the oceans from raising and destroying the planet as Al Gore predicts! I think I'm on to something here, now how do I patent it? HA!