Monday, March 17, 2014

The Trouble with Sovereignty: Buying a Pig in a Poke

"When ye proffer the pigge, open the poke." is an idiom as old as the hills  standing the test of time, warning us to be wary of "An offering or deal that is foolishly accepted without being examined first.
By the way, a 'poke' is from the French ''poque' a sack and the phrase reminds us not to buy something sight unseen.

Now I've no problem with sovereignty as a concept for Quebec.
Self-determination is a universal right and let's face it, Quebec represents a 'distinct society'  living in a somewhat definable geographic area (we'll not discuss borders here.)

But opting for independence is a BIG step, something to be considered seriously, the consequences dramatic and irreversible.

When you are an impoverished nation, seeking independence is not much of a risk.
Take for example East Timor, one of the newest members of the family of nations. About 40% of the  population lives below the international poverty line – which means living on less than U.S. $1.25 per day and about 50% of the population is illiterate. The country sits 134th on the Human Development Index.
Not much of a risk going independent, I imagine. 

But even basket case countries with nothing to lose, sometimes actually do worse after independence.
South Sudan  is another twenty-first century example of an impoverished nation declaring independence after a referendum where an astonishing 98.83% voted in favour of independence. Unfortunately, it hasn't really worked out that well with a war of succession ravaging the country.

But in the end, one can understand that those living in these cesspools would vote for any change, considering their hopeless situation.
But in Quebec, nobody can make the case that we have nothing to lose if all turns out badly, because the province enjoys one of the highest standards of living in the world.

If you work at McDonalds or Tim Hortons, quitting your job is not much of a risk, but if you are a successful executive making a large six figure salary, quitting your job on the if-come, a decidedly risky and foolhardy affair.

Now who of we sovereigntists or federalists would buy a home sight unseen?
A thinking person would consider things like the location, the size, the layout, schools and transportation and above all THE PRICE.

I'm obviously not a sovereigntist, but if I was I'd certainly want to know what independence from Canada entailed before I committed to voting to split up.
 I, like you, have too much to lose if the decision turns out wrong, so I'd like as much information about the concept as I could obtain before taking the plunge.

This is where I take issue with sovereigntists and particularly those advocating for the project blindly without a clue as to what will be.

We haven't heard much from Pauline and the PQ, but what we have heard is frightening, a distinct lack of forethought and a manifest deficiency in planning.

How on Earth can anyone vote for the unknown and risk it all on the if-come. It boggles the mind.

The latest round of nonsense is Pauline's declaration that the new country of Quebec will use the Canadian dollar, this with or without the approval of Canada itself, permission to do so, not likely.
Now some sovereigntist leaders remain adamant that Canada can't stop it from using the Canadian dollar, but Canada can certainly make the process awfully uncomfortable, Canadian dollars not quite as bountiful and widespread as the U.S. dollar.
Worse, Pauline's  proclamation that Quebec would seek a seat at the Bank of Canada is also awfully presumptuous, an idea so foolish that it underscores the separatist leaders utter misapprehension of what Canadians think and who Canadians are.
It goes to her complete ignorance of the utter disdain Canadians would likely display towards Quebec post-Canada.
Tourism? Open borders? A European-like union? ......Is she smoking crack?
"No one can stop Quebec from using the Canadian dollar," former Bloc Quebecois leader Gilles Duceppe says in defence of Pauline Marois' claim that an independent Quebec would retain the loonie and request a seat at the Bank of Canada.
"All of the economists will tell you that it is impossible to stop a country from using the Canadian dollar,"
Last week on the campaign trail, Marois was firm on these points:

  1. Quebec would continue using Canadian currency
     
  2. Request a seat at the Bank of Canada should a sovereignty referendum end in a "yes" vote
     
  3. The border between Canada and Quebec should also remain open if Quebec secedes
Duceppe told Question Period that Marois' was right to make all three points. For example, if Canadians continue to be allowed to carry more than one passport, Duceppe said, the courtesy should extend to residents of an independent Quebec.  Link
I demand my Canadian passport, the Loonie and I want my MTV! GODAMMIT!
Quite the impassioned plea for conserving Canadian institutions from Quebec's most ardent separatist.

Sounds like dependence rather than independence. According to Duceppe, an independent Quebec will use Canadian money and its  citizens will travel under a Canadian passport. Perhaps Canada should keep equalization going and continue funding Radio-Canada and pay deadbeats in the Gaspé not to fish. Talk about incoherence!

Again the question is why all these connections to Canada?
Probably because these nonsensical ideas make sovereignty more appealing to the reluctant, nothing more than a strategy to fool Quebecers into voting for something they can never get.
Let us not forget Parizeau's assertion that he was going to fool Quebecers into sovereignty, like 'lobsters in a trap.'

The truth is that after sovereignty, Canadians will hate Quebecers at the worst, ignore them at best.
Interact with them as good neighbours? Not going to happen.
It's more likely that a virtual  if not physical Poutine Wall will be erected between Canada and Quebec, with travel back and forth for tourism a pipe dream conceived by an idiot.

By the way, that ferocious defence of Quebec's right to use the Canadian dollar flies in the face of logic and indeed the very policies that the PQ defended until recently.

Have we forgotten the debate over the 'Dutch Disease' question where Quebec separatists were claiming that the Canadian dollar was overvalued because of oil and therefore penalized the Quebec manufacturing industry?
"The phenomenon is called "Dutch disease" and works as follows: the more oil production is an important part of the domestic industry and exports more oil and gas push up the value of the currency.

High currency increases the price of other goods and services exported, making them less competitive abroad, resulting in job losses for non-oil sectors. In addition, the oil industry employment with high wages employees, which leads to higher wages in other industries, also making their products more expensive and therefore less competitive, hence more job losses. I cited a study by three economists saying that "up to 54% of manufacturing jobs lost in Canada between 2002 and 2007 were due to Dutch disease." Applied in Quebec, this ratio provides 55,000 jobs lost.
Jean-François Lisée,
"The problem is that in 30 years, the oilsands could be much less important. And we will have done away with industries in Quebec, "worries Rodrigue Tremblay, professor emeritus of economics at the University of Montreal. Link
So in fact until last week, sovereigntists were saying that one of the prime goals of independence was to get rid of the over-valued Canadian dollar, a so-called hindrance to Quebec prosperity. 
Now they have utterly reversed themselves, embracing the Loonie as the currency of choice in an independent Quebec.
In the French press the word 'incoherence' is a favourite catchword, used to describe 'inconsistency' in policy, something that the sovereigntists and the PQ demonstrate a mastery of.
It is likely that a cold hard look at the potential value of a Quebec dollar, frightened the separatists to reconsider.
A report by François Barrière, vice-president of currencies at the Laurentien Bank of Canada predicted the Quebec dollar to be worth 73¢, right off the bat, something deemed unacceptable by separatist strategists  in the debate for hearts and minds.   Link{fr}

But how can the complete reversal of the position on currency go so unnoticed, unchallenged and un-debated? It smacks of amateurism.

So many of the positions on sovereignty just don't stand up to the most rudimentary of examinations, like the theory that Quebec would save money by getting rid of costly bilingualism, operating in just one language, French.
It's an easy sell to those eager to believe, until one examines the truth, which is that Quebec lives in English North America and would have to interact in English just the same.

Let us consider the price of a movie ticket which today is the same in Quebec City as is in Sudbury. Yet the Quebec version of the movie is dubbed into French, the cost borne by consumers across Canada, where in fact English Canadians pay for 77% of the cost of bilingualism.
This translation cost for Canadian and American products will be borne by Quebecers alone in an independent Quebec.
In fact, disconnecting 'national' pricing will have an adverse effect of Quebec consumer prices, including everything from software to Corn flakes to cars.
Today Canadian consumer prices are disconnected from those in the USA and we can see the adverse effect, with a car built in Windsor, Canada costing up to $5,000 more in Toronto than Hawaii.

This same effect will manifest itself as Quebec becomes its own distinct market. 
It doesn't auger well for consumers, where in stores like Costco, prices today are higher than in American locations, largely due to reduced expenses, south of the border. 
The same will apply to Quebec where prices will be higher than in Canada because of higher taxes and operating expenses. No longer will Canada level the consumer price playing field for Quebec by robbing Peter to pay Pierre.

Quebec sovereigntists have always used the  cherry picking option to show how Quebec is badly served by federalism, pointing to those certain programs where Quebec gets less of its fair share, while ignoring where it gets more and the balance of benefit, some $17 billion to the good.

In fact it doesn't fill one with confidence to know that the leader of the sovereignty movement doesn't even know how much equalization payments Quebec will get next year, mistaking the total federal transfer (an admission that she is aware of the transfer) of some $17 billion, instead of the $9 billion plus which is the equalization payment. 

Jean-François Lisée, another light bulb, tells us that the PQ is acting responsibly by running up the deficit to pay off the debt. It's scary.

Mention that Radio-Canada receives 40% of the CBC budget or that Quebec sucks out 40% of the unemployment fund and all that is offered in rebuttal is blank stares by separatist apologists who universally conclude that these asymmetrical payments are reasonable and fair.
Some idiot sovereigntists even maintain that the equalization payment Quebec receives is a plot to somehow keep Quebec down and beholding.

What will be in an independent Quebec is of vital importance and interest for those making the decision, the voters of Quebec.
Recently a panel of so-called sovereigntist experts came to the conclusion that Quebec would be just fine after sovereignty, all without ever considering the Canada 'effect' and the relocation of perhaps hundreds of thousand of taxpayers and businesses.

The truth is that nobody really knows what will happen and it is frightening that Quebecers are willing to risk everything on an unpredictable future.

It can go okay or it can go dreadfully wrong and a risk that I am shocked that so many people are willing to make on blind and idiot faith.

I don't want to sound the trumpet of gloom and doom, because if there is a plan that makes sense I'd like to hear it and I'm sure Quebecers should want to hear it as well.

But until then, voting YES is like buying a pig in a poke, not a good idea 400 years ago and not a particularly good idea now.

Sunday, March 16, 2014

Sunday Housekeeping Volume 13

 During my trip down south I was without the use of my computer for a week and relied on my smartphone to monitor the blog and keep in touch.

It was, to say the least, a sobering experience and I can attest that the little keyboard is a devil that contributes to many typos. Let's not even mention that evil autocorrect function.

So I am politely asking everyone to layoff complaints about typos COMPLETELY. This blog is about ideas, not typing.
NO SPELLING NAZIS, no matter the urge


There is an exception to the spelling and typo rule.
That is mistakes in the main blog piece. I would appreciate a polite email, so that I can make corrections.

Now we've been getting a lot of links in the comments section and trust me, it is almost impossible to copy and paste long URLs on a small screen.

I would ask that at a minimum, contributors use a URL shortner that shrinks the URL down to a manageable size.

1. Copy the URL link you want to show
2. Go to  goo.gl or bitly.com
3. Paste the link and press 'shorten'
4. Copy and use the new shortened link.

Note: With Google you'll have to enter that cursed captcha, but only for the first time on each device.

Of course for bravehearts you can actually embed your link like a professional by adding this to your comment. It is code and will magically make your URL clickable. I promise.

<a href="http://reference site">site name here </a>
<a href="http://reference site">site name here </a>


Copy the above and replace the shaded blue between the " " with the URL you want to direct.
Do the same for the yellow-shaded are and replace it with some identifying text which will be the clickable link.

<a href="http://nodogsoranglophones.blogspot.ca/p/using-formatting-in-your-comments.html">How to Format comments </a>

It will come out in your comment like below and is clickable.

How to Format comments

Please help readers follow your links more easily by using one of the two above methods.
It doesn't take long and will assure you that many more readers follow your link.

I'd like to thank readers for pushing the counter up to a new record level, crossing the 90,000 barrier for the first time ever, this week.


I will be blogging as often as I can during this election campaign and hope to bring some insights that the regular PRESS cannot or will not make.

It will also be a platform for your comments so we hopefully don't have to wade through the 200+ button, which many readers actually don't know exists.

Friday, March 14, 2014

French versus English Volume 104

The Canadian Dollar in an independent Quebec

This article by Claude Castonguay appeared in French in La Presse. It is translated here by myself.
If you read French please do the author the courtesy of reading the original article HERE at LaPresse


Currency is an important symbol a people's identity. An independent Quebec should have its own currency, a Quebec dollar. With the prospect of a referendum, it is important to analyze the effects entailed with replacing the Canadian dollar by a Quebec dollar.

The Quebec dollar value and stability are the two main issues. The value of a currency is related to the strength of the economy, public finances and the debt of a country. But the value and stability of a currency depends on the level of trust that citizens, investors and speculators place in that currency.

Given these factors, a new Quebec dollar would inevitably have a lower value than the U.S. and Canadian dollars. Currently, the Canadian dollar is worth 90 cents against the U.S. dollar, analysts consider this difference as justified. Similarly, we can assume that the value of a new Quebec dollar would be about 85 cents against the Canadian dollar and 75 cents against the U.S. dollar.

During the changeover, Quebecers would have their savings and assets decline by around 15 %. Before such an eventuality, Quebecers would probably take all possible measures to prevent the devaluation of their savings and their assets. They would move away their assets outside of Quebec into U.S. dollars. This would add to the instability of the new currency and would lead to a further decline in its value.

In other words, should Quebec make a declaration of independence,  it would have no choice but to keep the Canadian dollar. This is what the Parti Québécois recognized  on the eve of the 1995 referendum . The use of the Canadian dollar would normally require the conclusion of a monetary union between the newly independent Quebec and Canada, divided by the departure of Quebec. The conclusion of such an agreement would be highly problematic.

We would see this in Britain if the Scots vote in September for their independence. The British Chancellor of the Exchequer warned them they could not  keep the pound, the British public would not accept it. It is clear that the Canadian Prime Minister would be in the same situation in the event of a vote for Quebec independence.

Quebec would thus have no choice but to continue to use the Canadian dollar , however, without the benefit of the protection of a monetary union. That is to say that monetary policy would be established by the Bank of Canada strictly according to the situation in the rest of Canada.

Twenty years ago, Argentina had embarked on this path. It allowed its citizens to exchange, according to a predetermined exchange rate  their pesos against the U.S. dollar . Argentines rushed to exchange their pesos for U.S. dollars and move it out of the country, which led to the fall in the value of the peso and a real crisis.

We conclude that in the event of Quebec independence, it would be necessary to negotiate in a hostile environment, an agreement to eventually return to the bosom of the Bank of Canada under conditions less favorable than those currently prevailing.

In the current electoral context, some issues may possibly be carried forward to an eventual White Paper on sovereignty. This is not the case for the currency issue. Voters are entitled to know, before exercising their voting intentions what the Parti Québécois' currency policy will be in an independent Quebec.
But apparently Pauline has other ideas.
"A sovereign Quebec would use the Canadian dollar and request a seat on the Bank of Canada’s decision-making body, Parti Québécois Leader Pauline Marois said Wednesday on the campaign trail.
The PQ Leader pointed to several studies on the matter conducted in the early 1990s which showed that there would be no obstacles for an independent Quebec to using the Canadian dollar. However, getting a seat on the Bank of Canada’s Governing Council would be more difficult.

“Obviously we may wish to get a seat at the Bank of Canada but we would accept the Canadian monetary policies,” Ms. Marois said.
Liberal Leader Philippe Couillard said Ms. Marois is living in a dream world.
“The PQ always tries to take us to an imaginary world, Alice in Wonderland, where everything is going to be so great. No borders, no passport, it’s fantastic. Everybody’s going to be great friends,” said Mr. Couillard. Link

So it seems that Pauline Marois has made a choice, that is to use the Canadian Dollar with or without Canada's permission, a permission that is very likely to be denied, even if it is a paying proposition for Canada.
Having Quebec maintain the use of the Canadian Dollar is worth about a billion dollars a year to Canada because of the outstanding float. Quebecers have about $10 billion in cash in their wallets and cash drawers, money that actually represents an interest free loan to Canada.
At any rate there is no reason to believe that Canadians would be in a mood to provide new dollar bills to Quebec as they fall into 'Canadian' hands. Such an assumption by Marois is utter bravado.
In the article above it is important to note that the Brits have already told the Scots that a free Scotland would not be allowed to use the English currency and perhaps it is appropriate for Ottawa politicians to burst Pauline's pipe dream as well!

In the meantime in Scotland: Currency union ‘unlikely’

Concerns over the future of an independent Scotland’s fiscal position, the size of its banking sector and its monetary regime have been highlighted in a report by a global banking group. The publication from Citi also looks at the possible currency and debt arrangements in the event of a yes vote, and considers the strength of Scotland’s credit rating.

It found that an independent Scotland’s fiscal position would be “relatively weak and risky” while a monetary union between Scotland and the rest of the UK is “unlikely”. The report has been compiled jointly by Citi’s economics, rate strategy and political analysis teams ahead of the September referendum.

Citi’s report says: “We regard a sterling monetary union as unlikely but we are genuinely unsure what currency and monetary policy would be adopted by an independent Scotland.“In our view, it is astonishing that the Scottish Government, in seeking independence, has reached this stage: seeking a currency union without agreement with the rest of the UK and without a clear alternative plan.”

It continued: “Overall, we believe an independent Scotland would have a relatively weak and risky fiscal position. This might well produce a sizeable borrowing premium.....


....“It’s absolutely clear independence would be a big problem for Scotland rather than the solution - and not having any sort of currency plan makes it an even bigger problem.” Link


According to Bloomberg, Separatist Revival is Raising Quebec Borrowing Costs

By
Quebec’s borrowing costs are rising as independence once again becomes an election issue in Canada’s second largest and most indebted province.
Quebec Premier Pauline Marois called this week for an election on April 7 in a bid to turn her minority government into a majority, renewing speculation she will press for a referendum on splitting from Canada. The spread, or extra yield demanded by investors, on Quebec’s 10-year bond over debt from neighboring Ontario has widened 7 basis points to 17 basis points since the Quebec bond was issued in December, data compiled by Bloomberg shows. The spread has widened three basis points since the start of last week. Read more at Bloomberg

No International recognition for Crimean referendum

Quebec sovereigntist suffered a brutal lesson in realpolitik as the world has announced that it will not recognize a referendum on Crimean Independence.

"The Group of 7 world leaders say they won't recognize results of a referendum for the Crimea region to split from Ukraine and join Russia.
A statement from the seven nations released from the White House on Wednesday calls on Russia "to cease all efforts to change the status of Crimea contrary to Ukrainian law and in violation of international law." It says the referendum scheduled for this weekend "would have no legal effect" and the process is deeply flawed.
The leaders said they would take further action, individually and collectively, if Russia tries to annex Crimea.
The statement was from the leaders of Canada, France, Germany, Italy, Japan, Britain and the United States, along with the European Council and the European Commission." ABC News

As always, recognition is based on politics and not international law as sovereigntists maintain. Unless Canada recognizes a new state of Quebec, nobody else but a handful will either.

 

More PQ election nonsense

Lisée offers a lesson in PQ Economics 101
Here's a quote from Jean-François Lisée that caught my attention for its utter and complete stupidity.
He said it in English to a CTV news reporter and it aired on the six o'clock news last Tuesday.
"We're putting a billion and a half towards the debt.
We could have decided to have a lower deficit by not putting a billion and a half on the debt. But it was a billion and a half last year and a billion and a half this year and a billion and a half next year.
What kind of sheer nonsense is that?
So let's understand this, the PQ is paying off the debt with money it doesn't have.
In the PQ world of make-believe finances, it is increasing the deficit to lower the debt! Fabulous!

How clever! Perhaps Quebec can also resort to some creative cheque kiting as well.

Here's another idea that Jean-François Lisée can float in order to make an independent Quebec some money.;
"an undoctored stolen passport – increasingly used by the gangs, who are now dealing in such high volumes that they can afford simply to wait until a potential client shows up of approximately the right age and appearance – typically sells for between $1,500 and $3,000, depending on its condition, nationality, and the number of years it has left to run. Italian, British, Spanish and other European passports fetch about $1,000, Tinawut said, while Israeli passports cost $1,500-$2,000 and Canadian can go for up to $3,000. Link
In the light of a Quebec referendum win, the new Quebec government could collect the now worthless passports and sell them on the Black market for a tidy sum!


  ELECTION JOKE: The Liberals accuse the PQ of trying to divide Quebecers with the Charter of Values​​, so why do the Liberals also hope for the return of the Nordiques, whose rivalry with the Canadiens still divides Quebec after 20 years of absence. Where is the consistency?- Mathieu Charlebois

Idiot PQ minister lies about having Twitter account hacked

After sending out a rather innocuous tweet, Quebec Family Minister, Nicole Léger made the mistake of not sending the next Tweet privately as well and sent out a crude message about being obliged to tweet. It was obviously  meant to be  private communication

Realizing her mistake, she took down the offending tweet quickly, but not before some grabbed a screen shot.

She then tweeted that (gasp!)  her account had been momentarily hijacked, but that all had returned to normal.

HA!!!!! What a load of bullshit, that fooled nobody!!!



The last tweeter warned that if Madame Léger was ever in a car accident, it would be the car's fault. Link{fr}


Quebec Language police decamp on salad store

"A Montreal salad bar, Mandy’s, is under fire from Quebec’s language police because its decor features vintage English signs. The Office québécois de la langue française told sisters Mandy and Rebecca Wolfe they would have to remove the purely decorative signs from their shop in traditionally anglophone Westmount (they have a second location in the predominately francophone Plateau). Rebecca Wolfe, who doesn’t plan to remove the signs, spoke to the National Post‘s Hillary Robert on Wednesday:" Link



Journal de Montreal FAIL!


Fun with Election Signs 

 

Probably the best campaign poster defacement  EVER!!!

 

Wanna see more? CLICK HERE   and  HERE
Here are some not so funny vandalisations;



Say what you want, I've always maintained that Quebecers, English, French or Ethnic, have the sharpest sense of humour in Canada and where sarcasm reigns supreme!!!
Quebec humour crosses all language and political lines, where  fun of smug big shots is a national pastime!

Whispering politicians

We all know politicians and news anchors use tele-prompters to read prepared text, but the Parti Quebecois gave a throwback view to the old days of theatre where an actual person would hide in a crawl space at the foot of the stage, hidden from fans, feeding words to actors who had forgotten their lines.

Watch this video of Pauline Marois feeding lines to a candidate and then in turn having line fed to her by the finance minister Nicholas Marceau.
You don't need to understand French to see whats going on. The fun starts at 30 seconds;




Journal de Montreal comments of the week


Okay, time to lighten up for the weekend and have only pleasant thoughts 

 
Seen in Toronto 








Israeli PM Benjamin Netanyahu accidentally adds Hitler mustache to German Chancellor Angela Merkel



A daycare advertises  it services to potential parents in a grocery store. $25 a day with a receipt. $20 without.  Green Post-it is not amused.

PQ's Daniel Breton catches 40 winks during colleagues boring speech
Here's a great reaction;


Another great Ontario/Quebec border humiliation!

Canada watches Olympic Hockey

 


Feeling Depressed...This will make you feel better, I promise.



CLICK IF YOU WANT TO FEEL HAPPY

HAVE A GREAT WEEKEND!

BONNE FIN DE SEMAINE!

Thursday, March 13, 2014

Sovereignty Election Issue Sweet Music for Liberal Ears

PLK changes the game, but in whose favour?
For Pauline Marois bagging Pierre-Karl Péledeau as a star candidate promised to be the catalyst that would magically turn unconvinced soft nationalists into PQ voters and although Péladeau hardly represents the values and ideals of the socialist left wing party, on balance he was thought to bring along enough votes to make those within the party who opposed everything he stands for, hold their nose and bite their tongue.

But things often don't work out in life and Péledeau's jump into the ring had a startling and unforeseen effect, somehow making sovereignty and the Independence of Quebec the prime election issue, instead of the Charter of Values, which was the sure-fire issue that the PQ had hoped to run its election on.

With now the fearful referendum elephant out of the bag, and in full discussion, the Quebec Liberal Party may be poised to snatch victory from the jaws of defeat and early polls indicate that it might just be happening.

The latest poll released after Péledeau's entry into the fray shows voters in the Quebec City region going solidly Liberal at the expense of the CAQ, demonstrating an  'Anything But Pauline' movement taking root.


The Liberal troops of Philippe Couillard seem to have refueled at the expense of CAQ , while in December the François Legault team was leading in the polls.

Christian Bourque, vice-president of Leger Marketing, said this polarization may be  "Anybody bu Pauline"
phenomenon, among other explanations. Link
 The Quebec City region represents the traditional power base of the CAQ, but support looks like it is collapsing around the Francois Legault party, as voters opposed to a new referendum rally around the only party that can stop Pauline.

Péladeau is controversial man and stalwarts in the PQ are having a hard time digesting him, already there is cracks in the walls of separatist support and his presence may also have the effect of pushing hardliners to move towards more radical option like Quebec Solidaire and Option National.
Péladeau is going to be a liability, mark my words. There's just too much there to dislike and the campaign is just underway, with reporters scurrying to find dirt on him.


The FTQ, Quebec's largest union has come out firmly against Péladeau and has for the first time in its history, refused to endorse the PQ, nor officially make its membership available as campaign workers.
The attacks have started already;
"The Liberal candidate in the riding of Charlesbourg, François Blais, questioned whether Pauline Marois  endorses the report published in 2011 by the PQ candidate in Charlesbourg, Dominique Payette, about journalism and the future of information in Quebec.
The working group led by Ms. Payette had recommended that government advertising be reserved for newspaper companies that adhered to the Quebec Press Council.
"Quebecor Media have left the Press Council in 2009 and 2010," said Mr. Blais statement. "Does the outgoing Premier and his candidate in Charlesbourg continue to endorse the Payette report now that the former boss of Quebecor Pierre Karl Peladeau is PQ candidate? " Link{fr}
But the big effect of the Péladeau entrance is to have shifted  the debate  to the independence issue, something PQ strategist wanted to steer away from, their political Achilles Heel.

As Marois gets sucked into s discussing independence her credibility as a leader nose-dives;
"A sovereign Quebec would use the Canadian dollar and request a seat on the Bank of Canada’s decision-making body, Parti Québécois Leader Pauline Marois said Wednesday on the campaign trail.
The PQ Leader pointed to several studies on the matter conducted in the early 1990s which showed that there would be no obstacles for an independent Quebec to using the Canadian dollar. However, getting a seat on the Bank of Canada’s Governing Council would be more difficult.

“Obviously we may wish to get a seat at the Bank of Canada but we would accept the Canadian monetary policies,” Ms. Marois said.Liberal Leader Philippe Couillard said Ms. Marois is living in a dream world.
“The PQ always tries to take us to an imaginary world, Alice in Wonderland, where everything is going to be so great. No borders, no passport, it’s fantastic. Everybody’s going to be great friends,” said Mr. Couillard." Link
 For Couillard and the Liberals, hammering on the independence issue is the ticket to election success and the real question is whether the PQ will swallow the bait and engage in those sovereignty debate.

Now that Marois has opened up the Pandora's box about borders and dollars, it is time for the federal government to step in with an attack. We were promised by Denis Lebel that if the PQ discussed issues that involve Ottawa, they would reserve the right of reply.
That time has come.
Any back and forth with Ottawa over referendums, borders and dollars will have a scathing effect, a discussion that practically all voters want to avoid., sweet music to Liberal ears and poison for the PQ.

The more the issue of sovereignty is seriously, debated, the farther the PQ will sink.
With 61% of Quebecers saying they would vote NO in a new referendum, discussing its likelihood  an electoral disaster for the PQ.
And by the way, the 31% of those who say they will vote YES in a referendum, don't necessarily want to have a referendum either, the fear of another crushing humiliation too much to take.

One of the more interesting aspects of Quebec politics is how quickly things can change and how the fortunes of political parties can wax and wane, virtually overnight.

If the Liberals play their cards right and the PQ plays their cards wrong (as they seem to be doing) we may just see a new Premier come election day.

All this is courtesy of the talk of sovereignty and Marois' sad and fantastical predictions of a sovereign Quebec, prosperous, without borders and spending money graced with Queen portrait, and the presumptuous assumption that Canada will embrace Quebec Independence and sit around the fraternal fire pit and sing Kumbaya, something even committed sovereigntist don't believe as realistic

Marois has been roundly ridiculed in the Press for her glowing and imaginative view of Quebec independence, preaching to an audience who doesn't want to hear about it.

As long a Couillard keeps up the sovereignty debate going and as long as the PQ take up the debate, the election become a toss-up.

And remember readers, that in analyzing future polls, the Liberal support is always under-represented as we saw in the last election, where the got 4% more votes than predicted in any poll.

Wednesday, March 12, 2014

Péladeau Hammers Final Nail in Coffin for Quebec City NHL Franchise


I don't know of any article that I've written over these last years that generated as much hate controversial emails as the one in which I told readers that Pierre-Karl Péladeau and the PQ were the reason Quebec City will be blacklisted by the NHL.
I was branded a Quebec-basher and hysteric, a nogoodnick, inciting one listener on a radio talk show to demand that I should be prosecuted as a hate-monger.

Of course I take these complaints as a compliment, I know that the barbs that I fling sting rabid separatists rather smartly, fueling my impetus to carry on.


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Nine months after I published this 'outrageous' piece, it seems that the Liberal Party and the CAQ have both embraced this idea and made it part of the election campaign.
"The Liberals and the CAQ fear that the return of a National Hockey League team to Quebec is now compromised by the political commitment of Pierre Karl Péladeau for independence.

"I'm worried about the impact it will have on the arrival of a hockey team in Quebec, I'm not sure it will be well received in the offices of the National League," said the Liberal leader, Philippe Couillard, who was campaigning in Quebec City Monday morning".
 
Link{fr}

"Imagine Bettman this morning, reading a Canadian newspaper illustrated with the face of Mr. Péladeau, fist clenched, saying that he  wants to create an independent Quebec," said  the incumbent CAQ member from Chauveau, Gerard Deltell  Link{fr}

We don't want a country, we want to see the return of the Nordiques- Sam Hadad - Liberal MNA
Of course supporters of the PQ leapt to the defense, claiming that Péladeau will have no effect of the decision by the NHL to locate in Quebec City, an idea parroted by the French media clear across  Quebec;
"According to Régis Labeaume a for-profit organization cares more about the potential profits generated by a hockey team in Quebec than the independence of the province. Its only consideration is whether a hockey team in Quebec will be a paying proposition for the National Hockey League, "he said. Link{fr}
“Every decision they make is based on dollars, business, profit. They don’t care about politics, that’s it.” Regis Lebeaume
The insufferable Mathieu Bock-Côté was apoplectic that any politician would even dare contend that Péladeau could adversely affect Quebec City's chances for an NHL team.
"I cannot believe that a single individual will be affected by this "argument" which takes the electorate for a bunch of morons. Link
The popular argument making the rounds of Francophone media is that Bettman is a 'businessman' and will make a decision based on money alone.
I sense the oft repeated word 'businessman' being bandied across the French media is nothing less than code for 'money-grubbing Jew,' someone who will do anything for a buck, no matter how distasteful.

Now how Régis Lebeaume knows what is in Gary Bettman's mind or heart, I cannot fathom, I rather believe that he is espousing a bucket of wishful thinking, whilst whistling through the graveyard.

At any rate, I stand by everything I said back in June on the subject of the NHL and Péladeau, the fanciful idea that the NHL owners are men who are ruled by the almighty dollar alone, a fantasy that serves the interest of separatists who want to believe that Canadians and Americans have no honour or backbone.

For the edification of Régis, let me enlighten him as to who these owners really are and let him and perhaps readers make an informed decision as to whether money will be the be-all and end-all rationale for granting Quebec City a franchise.

Let's start with a picture of Gary Bettman and Larry Tannenbaum (Chairman and 25% owner of the Toronto Maple Leafs) posing with Shimon Peres at the Jewish Olympics held last summer in Israel.
Bettman is not a religious Jew, but observant and takes seriously the antisemitic barbs thrown at him by those opposed to his rule. He is a big supporter of Israel and active in the Jewish community.


Larry Tanenbaum (Toronto Maple Leafs) is good friends with Bettman and also a committed Jew. He was appointed an Officer of the Order of Canada in 2007 and is a founding member of the Centre for Israel and Jewish Affairs.
In 1911, Abraham Tanenbaum sailed from Poland to Toronto, where he built a family construction empire from scrap metal.

One hundred years later, grandson Larry Tanenbaum sips vintage wines poured by Canada’s only female master sommelier at e11even, the high-end restaurant in the billion-dollar, bricks-and-mortar holdings of Maple Leaf Sports & Entertainment owned, in part, by Tanenbaum. Link
Both these gentlemen hold enormous sway in the ownership pool, one which requires twenty-three out of thirty owners to approve any new franchise or movement.
I cannot stress enough how angrily Quebec's Jewish community has reacted to the PQ's proposed Charter of Values, considering themselves incidental collateral damage, having been thrown under the bus by a PQ government intent on putting a check on the Muslim community.
Observant or not, almost all Jews despise the new proposed law, feeling themselves targeted once again. The community is tightly-knit and Jews outside Quebec are equally aware, concerned and dismayed by the unfolding events in the province.

If the Quebec media and politicians think these NHL owners will hold their nose and vote for the money, they are sadly mistaken or worse still delusional, making assumptions about people they don't know.
I bet Régis Lebeaume can't name ten NHL owners, yet confidently tells us how they will react to Quebec separatism, Péladeau and the Charter if Values.

So let's shed a little light on exactly who some of these people are, those who will give Quebec City a thumbs up or down.

The NHL owners consist of at least fifteen billionaires, (out of 29 owners) the highest percentage in any professional sports league, recently adding Vincent Viola and the richest owner of all, Winnipeg Jets David Thompson, the richest man in Canada. Here are some notable owners and a bit of background.
Multi-billionaire Tom Pegula of Buffalo made his billions by fracking for oil. The conservative Republican donated $102 million to his Alma Mater, Penn State.  So my question to Régis is,whether he thinks the fracking king is a big fan of Quebec and if he will be persuaded by a million or two that the Quebec franchise will represent to him?
 
Billionaire Jeremy Jacobs of the Boston Bruins is probably not going to be affected by the 'money' argument in considering Quebec City's quest for a franchise either.
The billionaire, son of Jewish immigrants from Poland gives millions of dollars to assorted charities each year, including the Boys and Girl Clubs of America. A Big 'C' conservative, he's probably not to be swung by a money argument, even if he is Jewish, Régis.

Billionaire New Yorker, Vincent Viola recently purchased the Florida Panthers. Viola made news when he sold his NY mansion for $114 million!
Now Régis should take note of this interview before declaring Viola a whore who will hold his nose and vote for the money ;
Q. What plans do you have beyond hockey?
A. We have a family foundation, and it has a strategy to its philanthropy. Its principal focus is in support of our national defense, particularly in support of the United States Army and its mission, and that takes various forms. Second is our focus on education and educating those that might not in the normal course get exposed to the highest level of education from the primary grades up. The third is support of the church.
We're going to try to serve the county of Broward in that same focus. I can share a specific initiative that we're undertaking. Link  
Henry Samueli (Anaheim Ducks) is the son of Polish Jewish immigrants who survived Nazi Europe.
The schools of engineering at UCLA, where he is professor, and UC Irvine, were renamed after Samueli when he donated to these institutions, $30 million and $20 million, respectively, in the year 1999. Samueli's donation founded the Sala and Aron Samueli Holocaust Memorial Library at Chapman University, which was dedicated in 2005. Link
I don't think money considerations will motivate Samueli either, even if he is a Jew (despite the old stereotype.) I know it's getting tiresome to see all these Yid names, but Régis, these are the facts.
Billionaire N. Murray Edwards (Calgary Flames) is the 14th richest Canadian who has more at stake in the Canadian oil sands than possibly any other individual. He administers a family charitable trust.  What do you say Régis?  Think he's a big fan of Quebec.

Peter Karmanos, Jr. (Carolina Hurricanes) was born into a Greek immigrant family and did not start speaking English until he was in grade school. He made his fortune with Compuware before selling out and now regularly makes million dollar donations to charitable causes.

Josh Kroenke is the son and proxy for his father, billionaire Stan Kroenke, husband of Wal-Mart heiress Ann Walton. Josh has been made president of both the Denver Nuggets and Colorado Avalanche and non-executive director of Arsenal soccer club all owned by his father. 
The father is a regular church goer and as you can imagine a Republican through and through.
Nope Régis, with the Walton fortune behind him, I can't see the economic argument for Quebec City having any sway.
Western Canadian Tom Gaglardi (Dallas Stars) owner of Sandman hotels and Moxie’s eateries comes from a family of BC politicians. He just loves hockey and the NHL. A Western Canadian, who re-built his failing family business into a powerhouse. Keywords here Régis..."Western Canadian.'
W. Brett Wilson is a minority owner of the Nashville Predators. Wilson is a well-known Western Canadian billionaire and philanthropist based in Calgary. He is currently Chairman of Canoe Financial, an investment management firm with over $2.0 Billion in assets. He has extensive holdings in the energy and real estate industries through Prairie Merchant Corporation. 
Hey Régis,  another western Canadian oil man, think he's a fan?
Daryl Katz (Edmonton Oilers) is Canada's 11th richest man, who attended Talmud Torah Jewish day school as a child and made his wealth in Pharmacies (Rexall).
 Katz donated $20 Million to Mount Sinai Hospital in Toronto and gave a $7 million donation to the University of Alberta Faculty of Pharmacy and Pharmaceutical Sciences. Sorry Régis, another you-know-what!

Philip F. Anschutz (LA Kings) is ranked the 38th richest person by Forbes. He got his start in what else...oil.
As one of the world's wealthy billionaires, Philip Anschutz has been making a name for himself in the philanthropic community, delivering among other gifts a $100 million donation to the University of Colorado.
He is an active patron of a number of religious and conservative causes.... Yikes Régis, ya think a guy who gives away hundreds of millions will be swayed to vote for Quebec because of the money!
Craig Leipold (Minnesota Wild) is active in numerous civic and corporate organizations as well as several charities benefiting children. Leipold is a prominent Republican and was an active supporter of George W. Bush. His hockey team partner is billionaire Philip Falcone, who is the 117th richest person in the world and lives in an Upper East Side apartment in New York for which he paid $49 million. He and his wife are big time philanthropists, regularly writing cheques for up to $10 million. He played hockey as a kid in Minnesota and  has a deep love for game naming his boardrooms after NHL Teams. So nope Régis, don't think he'll be swayed by the smell of your money!
Joshua "Josh" Harris (NJ Devils), is one of the younger NHL owners, another high-achieving Jew who graduated from Wharton and Harvard, now worth about $1.5 billion. Harris is the managing partner of an investment group that also won a $280 million bid for the purchase of the Philadelphia 76ers.
Charles B. Wang (NY Islanders) was born in Shanghai, his father was a Supreme Court judge in pre-Communist China. At 31, he started a computer company with funds off his credit card and built a fortune.
He is an active philanthropist, working with such organizations as Smile Train, the World Childhood Foundation, the Islanders Children’s Foundation and the National Center for Missing and Exploited Children, among others. Link
Eugene Melnyk (Ottawa Senators) is a proud Ukrainian Canadian businessman who has resided in Barbados since 1991. He made his fortune in generic drugs, his companies often involved in litigation... A real  tough customer.
He is an active philanthropist, some donations topping $5 million!

Ed Snider (Philadelphia Flyers) was born to a Jewish family in the Washington D.C. region, the son of a grocery-store chain owner. Chairman of Comcast Spectacor, he has amassed a $2.5 billion fortune. In 1997, Snider was inducted into the Philadelphia Jewish Sports Hall of Fame.

Tom Stillman (St. Louis Blues)  is CEO of Summit Distributing, the “second largest beer distributor and the largest import/specialty beer distributor in the State of Missouri,” He isn't the type of person to be pushed around or easily frightened. He distributed Miller beer in St. Louis, home of Anheuser-Busch. He once stared down death threats when he refused to let the Teamsters take over jobs at his company.
Not a guy who will cave over money instead of principle.

Hasso Plattner (San Jose Sharks) is a German businessman who lives in Schriesheim-Altenbach, near Heidelberg in Germany. He's got a net worth of almost $9 billion, made in software, an acknowledged "technology guru." He is also a generous philanthropist having contributed €20 million to the reconstruction of the Stadtschloss in Potsdam, damaged in World War 2, among many other charitable projects.

Jeffrey Vinik (Tampa Bay Lightening) best known for managing the Fidelity Magellan mutual fund in the early 1990s, is only half a billionaire with a fortune estimated at $500 million.  Vinik has been active in and generous to Boston's Jewish community. When he bought the Lightning, he sold his Boston home for $17 million and departed for Tampa. Once there, the Vinik family donated $1.5 to the South Tampa Jewish Community Campus.

Billionaire Francesco Aquilini (Vancouver Canucks) of Italian descent, born and raised in Vancouver, British Columbia. He is a hard nosed businessman who has had several run ins with authorities. Link
Billionaire Ted Leonsis (Washington Capitals) is the son of Greek immigrants brought up in the very ethnic Brooklyn, NY.  Here's an interesting quote;
"I can only speak for myself. The base of any religion is happiness. I think becoming part of a community and finding your higher calling is key. For me, I chose to follow the Jesuit ideal. That built into me that you should be of service to man. There is some kind of biblical overtone to that. I’ve found it a positive business trait as well. Link
The nine person ownership group that recently took over the Phoenix Coyotes contains seven Calgary businessmen, and guess what Régis, they are all into OIL.
ExecutiveBiz: You were raised Greek Orthodox and are still aligned with the faith. Meanwhile, more than one-quarter of American adults have traded the religion they grew up with for another or they’re now spiritually unaffiliated. How should they begin to get spiritually plugged-in?
Ted Leonsis: I can only speak for myself. The base of any religion is happiness. I think becoming part of a community and finding your higher calling is key. For me, I chose to follow the Jesuit ideal. That built into me that you should be of service to man. There is some kind of biblical overtone to that. I’ve found it a positive business trait as well.
- See more at: http://blog.executivebiz.com/2010/04/ted-leonsis-the-business-of-happiness-starts-with-you/#sthash.iGrsyNZu.dpuf
So these are some of the owners that Régis Lebeaume and other PQ stalwarts believe will be motivated by money and money alone and that they have no principles or politics and who will blithely ignore the  PQ's  attacks on Canada, oil, religion and wealth, because making money is all that motivates them.

Clearly Régis and his cohorts haven't a clue and so I choose to call them out on their bravado and stupidity.

There is an inherent misconception among Francophone Quebecers, both separatists and federalists wherein they absolutely underestimate or fail to fathom the utter disdain that Canadians have for separatists and the fact that this disdain is spreading to the entire Quebec population over the Charter of Values.

As Mr. Péledeau takes up his new job and starts shitting on denigrating Canada in public, (as do all PQ politicians,) his actions will be noted by NHL owners and I am reminded of the famous understatement made by Queen Victoria.. "We are not amused."

So Régis, please meet the NHL owners, Conservatives, Jews, Greeks, Italians, religiously devout, oil people, billionaires, Western Canadians and good ole boys.

Could you imagine any group of people more hostile to Quebec than these?
I can only speak for myself. The base of any religion is happiness. I think becoming part of a community and finding your higher calling is key. For me, I chose to follow the Jesuit ideal. That built into me that you should be of service to man. There is some kind of biblical overtone to that. I’ve found it a positive business trait as well. - See more at: http://blog.executivebiz.com/2010/04/ted-leonsis-the-business-of-happiness-starts-with-you/#sthash.iGrsyNZu.dpuf there are those who will be watching and taking note.

And yes, I didn't forget about the Montreal Canadiens owner Geoff Molson, who in the secrecy of the boardroom would be an utter fool to vote for a Quebec City franchise.

So to Régis Lebeaume and his magnificent white elephant arena now under construction I have but two words.
.....COPPS COLISEUM!

**************** UPDATE****************

I thought this comment from BlueWhiteRed important enough to add to this post


Yup, it seems that Quebec city isn't even on a poll run by the NHL asking fans about potential franchise locations.

The National Hockey League surveys thousands of its fans through the NHL Fan Faceoff program, asking all manner of questions about the game, fan behavior and the direction of the League.

In the latest survey, two questions caught the eyes of a few of our readers; ones that specifically ask about eight cities (s/t Matt C.):  Link