Jim Flaherty caught lying at Davos 2009

[soccer7539518246]

WOW ! He's my next door neighbor :P <3

[RimlandThesis]

there is a difference between Government giving banks money and handing out stimulus projects to businesses.

the US did both

Canada ONLY did the latter. what the CONS did do was purchase mortgages through a purchase NOT FREE MONEY LIKE OBAMA AND BUSH 2 DID

[sergioapuzzo]

jim is A FUCKIN PRICK

I HOPE HE DIES SOON AND HIS WHOLE FAMILY CROAKS ALONG WITH HIM TO GET RID OF SUCH GARBAGE GENES FROM OUR GENE POOL

EVOLUTION NEEDS TO ELIMIN ATE THESES IDIOTS

[Dyhalto10]

20% down payment for first-time home buyers is a good thing. Keeps speculators from overheating the market, like what happened in the US.

What does that mean to the real first time home buyers? Live with mom and dad for another year, or rent for another two. Big deal.

[Lumberkid]

Jim is a walking piece of sh*t. I've met this douche, he's a smug, fat little man who cannot hold a conversation.

First time home owners as of yesterday have to have 20% down.

can we all agree to vote these crooks out?

[solarcradle]

All this coming from our pockets while the big bankers gave themselves double digit million dollar bonuses, which Mr Flaherty supports! WE PAID for those assets.

Mr Flaherty needs to stop talking to us like we're ignorant idiots. You're fired! I don't like you anymore!

[solarcradle]

That's a lie!!! I as a tax payer am paying for an insurance backed mortgage. Strangely enough, with my spouse and myself both having a credit score of 780+, we were still required to insure our mortgage through CMHC. It's not cheap either! $12000 to insure our mortgage.

Another example of the public paying big bucks to the banks are the outrageous transaction fees. We usually end up paying $30 a month to bank fees alone! Talk about lies and unfair bank bonuses!

[waddie98]

They quietly gave our banks over 25 BILLION dollars and bought mortages back. If thats not a bail out what is???

[gete0]

Jim Flaherty is a lieuing ASSHOLE!!.Yes ASSHOLE, hy, my mom and dad trusted this asshole...I'm pissed...Hang them!!!!!!!!1

[tradergee1]

He said PUBLIC money.

[Paetaor]

So what is the lie?

The government hasn't given the banks a cent to this point. They may down the road but stating that they have is a lie.

Get your facts straight before labelling your vids on youtube.

[chucksheen]

Government doesn't create capital or wealth, they take from Peter and give to Paul; both are taxpayers.

If they purchase ANYTHING, it is with taxpayer money and that is plunder and socialism.

Watch The Constitution Class by Michael Badnarik and grow up. Learn the difference between rights and privileges.

[snowbiker111]

Peter is western canada and paul is in central canada...

[gete0]

The lie is months ago he said ALL IS FINE!!!!!..BULLSHIT...Good luck!

[boombing1]

Your wrong dumbass the government has handed over public money to the banks in Canada. Check the budget on the Canadian governments website if you dont belive me.

[Paetaor]

They bought performing mortgages that are insured through CMHC.

They swapped one asset for another if you want to get technical but they didn't just 'give' money away like the US treasury did with AIG and others.

Not even the bleeding heart Liberals or NDP opposed the deal.

Get your facts straight before you call people names.

Makes you look stupid.