Monday, November 3, 2008

Newfoundland and Labrador off equalization - At First Glance

CBC NL

Newfoundland and Labrador reached a milestone Monday by becoming a have province for the first time in its history.

The federal government released figures that showed for the first time ever the province would not be receiving equalization payments from Ottawa.

The province's new status is due to oil revenues, corporate income taxes, commodity prices and retail sales.

Premier Danny Williams called it a momentous day for people in the province.

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What are we so proud of? A reluctant, but yet enthusiastic Premier went before the mic today to sing his praise, that for the first time ever in Newfoundland and Labradors history, we were declared a have province. The backbone of the announcement also declared that we would not be in receipt of any equalization payments for at least the next two years.

At whose expense does this announcement fall on, for example we hear tear jerk stories of how ill prepared the province is to fully and quickly reduce poverty, or to be able to increase payments for programs and services that would enrich the lives of the provinces sick and poor.

Williams said "This is a very proud day for Newfoundlanders and Labradoreans, I can tell you. We received information today from the federal government at the finance ministers' meeting that as a result of changes in the figures that as of today — which is a notification — but effectively this year Newfoundland and Labrador is a have province. That's a momentous day for the people of this province."

"Change in the figures" lovely heart of Jesus, let us examine this further, maybe A+B+C=N.
(Nothing) Who changed the numbers and when? Maybe it was Fabian Manning. All in one week we are given Mackey, No Equalization, and Fabian Manning's appointment. None the less,,Danny says, let's move on, on a go forward basis with Ottawa. Not much else to do I suppose! Pride won't allow Mr. Williams to admit we have been beaten, the goose egg that he sent to Ottawa was not a goose egg at all, it hatched and it was a monster, stamped will destroy NL.

Brudder

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