April 29, 2007 - Exactly Right named Blogging Tories Site of the Week!
Banking
Who is Really to Blame?
Saturday, November 15th, 2008Jack Layton has a long running hate on for our banks. He seems to think they are the cause of our current economic troubles, and he blames the banks for the debts that many Canadians are struggling with. I wrote about Jack’s crusade over interest rates and ATM fees back in January, then during the recent election Jack was [...]
Jack Layton Just Doesn’t Understand Economics
Friday, January 18th, 2008Jack Layton is at it again! First he wanted to ban ATM fees, now he wants to control the interest rates banks can charge on credit cards.
In true socialist fashion, Jack wants to meddle in the market and cap rates at 5 per cent above the prime lending rate.
Has Jack not noticed that most banks already offer a low-interest credit [...]
Competitive Pressures Can Work With Canadian Banks
Thursday, May 3rd, 2007Like Jack Layton’s recent ridiculous crusade over ATM fees, many Canadians like to bash our big banks as much as they like to complain about oil companies. Many argue that competition doesn’t work in our banking sector, and only legislation can get our banks to change their ways.
Today, we see some evidence that our banks do [...]
Does Jack Layton Really Want to Ban ATM Fees?
Friday, April 20th, 2007Does Jack Layton seriously want to pass legislation to ban ATM fees? Note to Jack: Your party has come up with some pretty stupid ideas over the years, but this one is crazy, even by NDP standards.Â
Therefore, I’m going to give Jack! the benefit of the doubt, and assume that his real motive is not to actually ban the fees. [...]