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I LOVE OBAMA
- Thread starter BrianPersaud
- Start date
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QUOTE (BrianPersaud @ May 15 2009, 09:02 AM) ... In the end, Mr. Obama will have ensured neither revenue nor jobs.
...
indeed .. beware of socialists at the gate: big government, many many new regulations, higher taxes, import restrictions disguised as cap&trade tariffs, higher interest rates due to high inflation, too many subsidies for old industries such as car manufacturing, too many subsidies for job destroying industries such as "green" energy, much higher energy costs, more terrorist attacks due to lax laws, more union rights, thus far FAR less foreign and business investments .. weakening currency. Thus: the US is not a great place to invest in under Obama and Democrats !
Whether this means more HQs in Canada needs to be seen ! A weak US, especially one with import restrictions, will impact Canada and other nations !
...
indeed .. beware of socialists at the gate: big government, many many new regulations, higher taxes, import restrictions disguised as cap&trade tariffs, higher interest rates due to high inflation, too many subsidies for old industries such as car manufacturing, too many subsidies for job destroying industries such as "green" energy, much higher energy costs, more terrorist attacks due to lax laws, more union rights, thus far FAR less foreign and business investments .. weakening currency. Thus: the US is not a great place to invest in under Obama and Democrats !
Whether this means more HQs in Canada needs to be seen ! A weak US, especially one with import restrictions, will impact Canada and other nations !
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- Oct 24, 2007
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I would love to see Alberta diversify a bit and use this opportunity to lure some non- O&G business to Alberta.
Calgary in particular will have a significant amount office space available to the highest bidder once a couple of these office towers DT go up.
Calgary in particular will have a significant amount office space available to the highest bidder once a couple of these office towers DT go up.
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QUOTE (greg12 @ May 15 2009, 06:37 PM) I guess "watch and see" is the best policy these days. I have seen many a macro-economic theory no longer apply in the last little while.yes, watch and see them go down the tubes .. why invest in the US again with flat property prices and a weakening US dollar ??
QUOTE (thomasbeyer2000 @ May 16 2009, 10:04 AM) yes, watch and see them go down the tubes .. why invest in the US again with flat property prices and a weakening US dollar ??
I have noticed a lot of rhetoric, but it is that which is eventually implemented that counts. Like Don says: "only take action once you see construction smoke". Politicians and re-announce just so their voters know "at least we tried". Not saying that this will be another Obama u-turn, but the presumed implications are assuming all other external forces remain constant. There are too many external influences these days (including ones no one has yet noticed) that make economic predictions a difficult game.
I have noticed a lot of rhetoric, but it is that which is eventually implemented that counts. Like Don says: "only take action once you see construction smoke". Politicians and re-announce just so their voters know "at least we tried". Not saying that this will be another Obama u-turn, but the presumed implications are assuming all other external forces remain constant. There are too many external influences these days (including ones no one has yet noticed) that make economic predictions a difficult game.
- Joined
- Sep 27, 2007
- Messages
- 326
QUOTE (thomasbeyer2000 @ May 16 2009, 01:04 PM) yes, watch and see them go down the tubes .. why invest in the US again with flat property prices and a weakening US dollar ??
I’m getting excited thinking about how we could position ourselves after this meltdown. Not only because of US tax policies, but because of they’re crazy immigration policies as well.
The US is clamping down hard on their skilled worker visa known as the H1-B. Thousands of highly skilled workers will be out of a job or have already lost their jobs (see here).
Major US employers (IT companies such as GOOGLE, MICROSOFT, all US Banks, top financial services and manufacturing companies) who use these skilled employees will be forced to let them go by April 2010 because they will be denied visas.
These companies are going to lose their competitive advantage.
What are they going to do?
If I’m Harper I`m revamping our immigration policies ASAP
If I`m Dalton I`m calling IBM, I`m calling Microsoft I`m calling XEROX, DELL, Sun Microsystems and ask them what would it take to move those skilled jobs over to the GTA.
If I’m Dalton, I’m calling CPP, OMERS and OTTP to partner with them to create a centre of excellence in pension fund management in Toronto.
If I`m Dalton I`m going to partner with our chartered banks to set up a centre of excellence in risk management - the world wants to know why our banks are amazing. I`m going to ensure Bank of America, Citi, JP Morgan Chase and Wells Fargo to set up shop on Bay St
If I`m Stelmech, I’m calling every Silicon Valley corporation...Apple, EBay, Intel, HP, and Google …to move a massive chunk of their operations to Edmonton and invest millions in U of A - turn E-town into Waterloo West.
If I`m Stelmech, I’m going to turn Calgary into an energy power house...not just in Oil and Gas, but in alternative energy as well.
If I`m Canada I’m rolling out the red carpet at every border. I`m going to bring back the Canadian spirit of aspiration, inspiration and perspiration …I’m also going to buy lots of real estate in the GTA, Calgary and Edmonton.
CHA CHING!
I’m getting excited thinking about how we could position ourselves after this meltdown. Not only because of US tax policies, but because of they’re crazy immigration policies as well.
The US is clamping down hard on their skilled worker visa known as the H1-B. Thousands of highly skilled workers will be out of a job or have already lost their jobs (see here).
Major US employers (IT companies such as GOOGLE, MICROSOFT, all US Banks, top financial services and manufacturing companies) who use these skilled employees will be forced to let them go by April 2010 because they will be denied visas.
These companies are going to lose their competitive advantage.
What are they going to do?
If I’m Harper I`m revamping our immigration policies ASAP
If I`m Dalton I`m calling IBM, I`m calling Microsoft I`m calling XEROX, DELL, Sun Microsystems and ask them what would it take to move those skilled jobs over to the GTA.
If I’m Dalton, I’m calling CPP, OMERS and OTTP to partner with them to create a centre of excellence in pension fund management in Toronto.
If I`m Dalton I`m going to partner with our chartered banks to set up a centre of excellence in risk management - the world wants to know why our banks are amazing. I`m going to ensure Bank of America, Citi, JP Morgan Chase and Wells Fargo to set up shop on Bay St
If I`m Stelmech, I’m calling every Silicon Valley corporation...Apple, EBay, Intel, HP, and Google …to move a massive chunk of their operations to Edmonton and invest millions in U of A - turn E-town into Waterloo West.
If I`m Stelmech, I’m going to turn Calgary into an energy power house...not just in Oil and Gas, but in alternative energy as well.
If I`m Canada I’m rolling out the red carpet at every border. I`m going to bring back the Canadian spirit of aspiration, inspiration and perspiration …I’m also going to buy lots of real estate in the GTA, Calgary and Edmonton.
CHA CHING!