LMAO @ TheStar.com – Trudeau should consider buying GM and making electric cars – January 17, 2019,

First thing I’d like to say is that everyone is entitled to their own opinion, although I don’t share the Marxists derived thoughts coming from Linda McQuaig a Columnist for TheStar.com I do respect anyone’s rights as a Canadian to express their views on any topic. In order for us to get to the bottom of things, we have to engage in dialogue. Before I get into my point of view regarding GM, you may want to consider reading Linda McQuaig’s article which can be found on the star by clicking the link below:

• Trudeau should consider buying GM and making electric cars – Linda McQuaig – TheStar.com
• Trudeau should consider buying GM and making electric cars – Linda McQuaig – TheStar – Via Msn

First of all, I don’t believe Canada should be nationalizing anything, what we should be doing is properly educating the children we have on how to effectively run our economy. What’s happened in public schools in Canada and even many parts of America is the public schools have been teaching our children about the evils of Capitalism and the goodness of Marxism and socialism. So what is often the case is a lot of Canadians simply assume that these GM plants, these big industries simply appear out of nowhere, or they appear via the government picking winners and losers. I can imagine in a few years that people will look at Amazon as this company that just appeared by magic or a company that appeared because of the Government.

Amazon began as a small company selling books, Jeff Bezos’s long term goal was to be an everything store, however he zeroed in on selling books, once his books became successful he branched out into other areas and now Amazon is slowly evolving into an everything store, however it started off only selling one thing. GM’s history in Canada dates back more than 100 years, but when GM was first founded there existed no such thing as UAW, CAW or UNIFOR, these workers Unions didn’t allow GM much flexibility.

To understand flexibility is to understand why countries like Canada, American, and Australia rebuilt China. There’s something most smart people who don’t join collectivists groups learn very quickly that the Marxists, Socialist types don’t understand. Supervisors and Bosses are easy to control when you approach them as an individual, when approach an authority figure as a collective, you’re actually giving them more power than they’d otherwise have over you. Unions tend to focus on Money, whereas business people focus on Costs, Debts, Litigation, and Liabilities.

Keynesian economics has been accepted by a large number of Canadian economists, primarily because economists tend to focus primarily on the numbers, but the numbers are deceiving because in Keynesian economics the Bank and the Governments are the main contributors to inflation. In a free market system inflation is created based on supply and demand and inflation in a free market system can quickly turn into deflation if there’s an economic panic or a bank run.

The major benefit to a free market system is that prices can inflate and deflate, these prices I’m speaking of also include prices wages, now if you understand that stance of most unions, they fight for wage-price controls for their workers. This may seem like something small and inconsequential but price controls in Canada and most of the western world is why a lot of Asian countries like China and Japan intentionally manipulate their money supply.

You have to have a high financial intelligence quotient to grasp that money is nothing more than a convenient form of barter. The real wealth of society is derived in manufacturing, not money. If your country, if your people are for the most part self-sufficient money doesn’t really mean much. I’ve often written about why I could care less if we use a Fiat money supply, all I care about is that my fiat dollars can be used to buy physical commodities like silver or gold.

If one day my Fiat or legal tendered Canadian dollars can longer buy gold well then I’ll have to change my strategy on bartering. It’s really that simple, however Marxist and Libertarian derived thinkers tend to put greater emphasis on the money itself, no money isn’t important having a bigger government isn’t important, what’s important is that the people within society understand what’s really going on.

What’s really going on in Canada today is that we’ve priced ourselves out of a lot of job creators coming here. This is not to say that GM or some other auto manufacturing company might not decide to come to Canada, but the Government purchasing GM isn’t going to solve the problem, in fact it might accelerate the problem, because if GM is bought by Trudeau’s Liberals, all of a sudden UNIFOR has a whole lot more bargaining power, I’d be absolutely certain that one of the first actions taken by the government if GM is nationalized will be to turn it into a Crown Corporation. Canadian Communist derived Unions love them Crown Corporations whether those crown corporations be Provincial or Federal, once a crown corporation is created, the first mission of a Union is to create price controls, which of course means that cars that are imported in Canada will more than likely be forced to raise their own costs.

The Crown Corporation I often like to pick on is Canada Post, local e-commerce in Canada will have a hard time getting off the ground because of Canada Post favors the big companies. Wal Mart and Amazon get prices small businesses can never get and if a small person wants to leverage they have to go through hell to do it. So what this does is equates to fewer job creators, which means that when a GM type company is shut down, there’s no equivalent available to employ the now unemployed workers.

Now based on what I wrote whether you agree with it or not, try explaining that to Unionised worker? You can’t, you have to simplify things for a Union worker, you have to write things like “Trudeau should consider buying GM and making electric cars?” you know everybody is picking on Justin Trudeau today, even the Leftists because he’s doing such a horrible job as PM however the alternatives the way most people see it is to vote Conservative or vote NDP? Personally, I’ll be voting for the People’s Party of Canada, but I’m secure with myself enough to understand that most Canadians are pro Keyesnian economics, we’re going to have to learn things the hard way. It’s really that simple.

Nationalizing GM will make things worse, Canadians aren’t going to buy electric cars from GM just because they feel like saving the environment, Canadians might opt to buy electric cars from Honda, Toyota, Tesla, BMW, Mercedes Benz or maybe some new company that might be created, a steal market share unexpectedly. GM isn’t even a Canadian company and in business, once your company is constrained by believers of price controls, there’s only so much you can do. GM’s share’s rose when it was announced that they’d be laying off workers in Canada and the United States. The investment community knows everything I’m writing about here. Canadian society was built on FREEDOM, the freedom to choose, entrepreneurs, the FREE market, volunteerism, the moment you create entities that want to control prices, you create unexpected problems that can not be resolved without company restructuring.

The problem with nationalizing GM is that there’s little to no incentive for the Government to flexible when they can simply raise taxes on the population to pay for problems created by UAW, CAW, UNIFOR and General Motors. Everything has a price if want to create wage controls and excessive regulations, we as Canadians should accept that certain jobs simply won’t exist in Canada.

Venezuela didn’t turn into a shit hole country overnight, it was gradual, the government nationalized this, they rationalized that, then one day it came to the people’s attention that Toilet paper and Tampons had to be imported into Venezuela, then one day the price of Oil fell, Venezuela similar to Canada had a Petro Dollar, so when the price of Oil fell the Venezuelan Bolívar fell right along with it.

This steep fall in the currency and Venezuela’s reliance on imports of course, led to hyperinflation of their currency and from there the problem got PROGRESSIVELY worse. Now, in Canada as I stated earlier, we’re not dominated by full-blown socialists, in Canada we’re more like Keynesians, so as I’ve stated in prior posts our economic crash or collapse will be more gradual, more slower, what’s happening right now is bankruptcies are up in Canada, which is okay, but you also have to remember that rental prices are up also, the Bank of Canada is picking winners and losers in the economy and currently the winners in the Canadian economy are the people in Real Estate, to the dismay of Trudeau’s Liberals, income collected via real estate can’t be collected as income taxes, which is why at one point Finance Minister Bill Morneau( who spent most of his private sector live in the Finance sector) was attacking the Small Business community that actually contributes to income taxes.

Canada has some decisions to make moving forward, I’m not in the business of predicting the future, but unless changes are made to the Canadian economy soon, we’re heading for an Argentinian style economic collapse, which in case you don’t know equates to a permanent hyper-inflation of our currency unless our private sector shrinks or price controls are removed. Now, I know by talking to most Canadians that majority of them can’t even comprehend what I’m talking about, this is why I stopped contributing to other people’s blogs and websites and focused on my own.

I don’t recommend Trudeau or any other Canadians Cabinet in the Federal government buy GM and make electric cars. If GM wants to build electric cars in Canada they will and if they don’t what we as Canadians should do is ask ourselves why not?

Interesting times ahead