Trudeau Wins
The Market Ticker - Commentary on The Capital Markets
Logging in or registering will improve your experience here
Main Navigation
Full-Text Search & Archives

Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.


The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

The Market Ticker content may be sent unmodified to lawmakers via print or electronic means or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed.)

Submissions or tips on matters of economic or political interest may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Considering sending spam? Read this first.

2019-10-22 11:12 by Karl Denninger
in International , 192 references Ignore this thread
Trudeau Wins
[Comments enabled]

Isn't it interesting how Faux Snooz is spending essentially zero ink on one of our neighbor's electoral wins?

Justin Trudeau has won a second term as Canada’s prime minister after the country’s federal election, but his narrow victory means he will lead a minority government that will be forced to depend on other parties to govern.

He won, but not with a majority of the legislature; last count I saw was that he was 14 short, which means he will need support of some of the other blocks to maintain effective control.

Let's remember that the campaign featured him being "outed" as a rich white dude in blackface at a previous point in his life, highlighting the rank hypocrisy of virtually all the so-called "woke" progressives.  How many times have we seen that movie here in the United States?  Warren anyone, and her claim of "Native American" heritage that was flat-out bull****?  Or Biden and his claims of humility (ha!) while his family globe-trots around gaining funds for doing nothing - well, nothing legal anyway.  Of course there's no proof anything illegal was going on but would you pay $50,000+ a month to have someone on your board who had as their highest and best calling to that point being thrown out of the military due to a positive cocaine drug test?

Not that coalition governments are impossible -- especially when you have left-of-center political groups in a Parliament with whom you can cooperate, which Trudeau will enjoy.

The real story of the Canadian election, however, isn't Trudeau at all.  It's that Canada, like the United States, has a deep divide that has only gotten worse in the last few years.  There were zero liberal party wins in the western prairie parts of the nation.  Zero.

Incidentally Alberta is actually talking about secession.  Who knows how real that is, but Canada is heavily dependent on energy (duh; being a nation that is frozen solid a good part of the year will do that) and it is resource-rich.  Trudeau and his leftist cronies are all "kill carbon" nutters.  One wonders how long the leftists would remain alive were the natural gas and oil producers to secede and turn off the tap.

All this "woke" crap, along with the utter hatred of carbon, is idiotic.  The Western World has done more to clean up the environment in the last 30 or so years than any group of people in history, and we didn't do it while "getting off carbon."  Just a few days ago I was getting ready to run a 5k when a dude with an old car that had a transplanted engine sticking up (no hood; it didn't fit) came idling by.  I was instantly reminded of what every car used to be smell like as it passed.

Hell, today it's actually difficult to kill yourself with your own car exhaust -- 30+ years ago it not only was easy it happened by accident all the time in the winter when someone got stuck in the snow in a remote area.

Good luck Trudeau -- you're gonna need it.

View with responses (opens new window)