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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (86299)	6/21/2010 10:21:14 AM
From: TideGlider	1 Recommendation Read Replies (1) \| Respond to of 224720

Why yes, of course it is. I think Kenneth just wants to move to Canada so nobody will ask him that embarrassing question..."Did you vote for Obama?"

To: Bill who wrote (86299)	6/21/2010 11:07:36 AM
From: Kenneth E. Phillipps	Read Replies (4) \| Respond to of 224720

You didn't read the article so, of course, you are not informed as to how well the Canadian economy is doing.

To: Bill who wrote (86299)	6/21/2010 11:12:46 AM
From: Kenneth E. Phillipps	Read Replies (4) \| Respond to of 224720

In Canada, the economy grew at a 6.1 percent annual rate in the first three months of this year. The housing market is hot, and three-quarters of the 400,000 jobs lost in the recession have been recovered. The banks are stable because, in part, they're more regulated. As the United States and Europe loosened financial regulations over the past 15 years, Canada refused to do so. The banks also aren't as leveraged as their U.S. or European peers. There was no mortgage meltdown or subprime crisis in Canada. Banks don't package mortgages and sell them to the private market, so they need to be sure their borrowers can pay back the loans.