Having been assured less than a month ago that everything was just peachy fucking keen with respect to the economy, we are all learning -- the hard way -- that that ain't quite the situation. And, to our chagrin, we also learn that, despite what Stephen Harper told us earlier, he has seen this coming for some time:
For example, the oft-repeated assumption that the capital positions of the country's banks has not caused alarm among authorities is false.
A senior member of government said the Finance Department developed concerns about the capital base of two Canadian institutions and exerted pressure on them to shore up their position, which they did.
The concerns first arose in late 2007 as the credit crisis built, while the remedial actions supervised by the bank regulator are thought to have continued into this year.
A legislative aide said they were shocked at the disclosure, adding it appeared to contradict the public message from the Conservatives that the government did not need to take a leading role in addressing risks in the financial sector.
In other words, while the Conservatives have been campaigning on their successful stewardship of Canada's economy, they've known that whole time that they were lying to us. And how did they finally respond?
Why, in the face of an impending financial meltdown, when we most need a strong and steady hand and responsible national leadership, Stephen Harper did the only logical thing: he dissolved Parliament and threw the country into an unnecessary and controversial election -- an election even he admits probably won't change anything. But here's the best, I mean really, the best part.
While Harper would undoubtedly like to give us all the impression that he can juggle this many balls at once, this is the man who filed an emergency motion to delay his defamation lawsuit against the Liberal Party because it would fall in the middle of the election, with his lawyers arguing that "the election distracts Harper from the details of the suit he filed over an allegation that Conservatives attempted to bribe a sitting MP in 2005."
And if poor Stephen publicly admits that he can't handle an election and a defamation lawsuit at the same time, what suggests he is up to dealing with an election and a worldwide financial crisis simultaneously?
Stephen Harper: Dishonest, irresponsible, and unfit to govern.
P.S. And a total, total, total fucking douchebag.