Thursday, May 7, 2009

And to think, that idiot Harper destroyed $35 billion of capital on a whim, using false pretenses!

I think it's time Ignatieff's Liberals "stress tested" Harper's absurd argument that income trusts cause tax leakage and see what lies behind his 18 pages of blacked out documents?

U.S. banks need $75-billion in new capital
The Associated Press
May 7, 2009 at 5:48 PM EDT

WASHINGTON — The U.S. government's long-awaited stress-test results have found that 10 of the nation's 19 largest banks need a total of about $75-billion (U.S.) in new capital to withstand losses should the recession worsen.

1 comment:

Anonymous said...

Yo! $75 bill...lions is damn near chump change. A hot Finance Minister can whacked off $35 bill...lion on a Halloween Eve in a cold shitass country like Canada, no prob, eh?

Did ya hear that Arnie wants to legitmadize dope. Yikes! Now that's real serious shit. For Chrissakes we may have to retire!!! See

Too bad we didn't declare no effing income or we'd have real swollen RSPs. Effing rights we would.