HST Results are in..... Another 12,000 Full Time Jobs Lost

Another Friday trash day....It never fails, there are several stories worthy of a post and rather than go exclusive to one item we`ll try and cover them all here, in one post...

First up is Christy Cluck Cluck Clark, Justine Hunter of the Globe and Mail had the story, a key member of Christy Clark`s campaign team, a woman who runs a BC Liberal constituency office was caught with a new BC Liberal membership for her cat...That`s right folks a cat, Christy Clark and the woman are trying to downplay the story but...But this was no new person to politics, the head of a Liberal constituency office who has engaged in membership fraud, how many dogs, cats, trees, email addresses are now BC Liberal party members....20,000 memberships from 3 ridings alone, as predicted there will be a BC Liberal bloodbath over memberships before all is said and done.

CKNW and the cutting ledge, what can I say but wow, Vaughn Palmer and the stooges, Vaughn Palmer started out talking about his interview he did with David Hahn on the VOICE of BC show, David Hahn told Palmer that ferry rates are going to have to rise by 25% on the major routes and 50% to 100% on the minor routes and or the Province will have to increase its yearly subsidy to BC Ferries.....The million dollar man David Hahn, but.....

But what Vaughn Palmer didn`t do was cut away the fluff and distractions, in other words, did Vaughn Palmer ask David Hahn or did Vaughn tell the public on CKNW today why BC Ferries needs to increase ferry rates?

No he didn`t, there are two reasons rates need to be raised, number 1)...BC Ferries didn`t make enough money to cover their expenses,....#2).BC Ferries have a huge interest payment on their $1.6 billion dollar debt.

Think about it, last year, 2010 ...The great Olympic bounce, where are the tourists, where are the ridership increases, BC`s population is growing but ridership is down, BC Ferries are in the position of only paying interest on their debt, a debt that will never get paid off because principle isn`t being paid, merely minimum interest on a huge debt, if ferry rates are increased again ridership will fall  more, it`s called pricing to the point of diminishing returns......New fuel guzzling German built ferries that sit parked, a massive debt, ....But what really blows me away is......

Is I caught Christy Clark lying about BC Ferries on CKNW...I filed a complaint to the CBSC and won, Christy Clark claimed under David Hahn that BC Ferries was making $500 million dollars in profits, I forced Christy to retract on air, Christy retracted without proper explanation, you can read the details on why BC Ferries are broke and on the Christy Clark BC Ferry lie here and here

What Vaughn Palmer did was talk about David Hahn and BC Ferry increases without telling the public a damn thing as to why, was it ridership, was it debt, was it maintenance, was it shareholders, was it BC Ferries deciding it needed more money or......

Or was it because Gordon Campbell saddled BC Ferries with an extra $600 million dollars in debt ...For that is the extra amount borrowed over and above the price of new ferries that BC Ferries borrowed from German banks to give to BC Liberal Government for the debenture(The money was put into general revenue and used to prop up the 2005 election year budget!)

BC Ferries debt load is so large, the interest rate paid by BC Ferries is much higher than the rate the Province would pay if the debt was on the Provincial books, Gordon Campbell used BC Ferries like a credit card, now BC Ferries can only afford to make the minimum payment, that also means the BC Ferries debt will never get paid off...Everything surrounding BC Ferries is a fraud....

The BC Ferry story also proves that the Powell River Persuader was right again! And more importantly, it double confirms that Christy Clark lied her face of about the fiscal shape of BC Ferries and even when confronted with her BC Ferry lie Christy Clark defended the indefensible.....I was right, Christy Clark will lie her face off and hold a grudge when caught, ......Toobad Christy...Your chances for a Premiership just died, go whine to your volunteers and your four legged Christy Fans!

But what I really wanted to talk about was job losses, back to today`s cutting ledge show, after Palmer grazed on the BC Ferry rate increases, Baldrey, Good and Vaughn went on the Recall can`t succeed cheerleading, the HST is good bandwagon, the people aren`t angry, Zalm is an egotistical maniac, the HST referendum is binding...Blab blab blab.....But did any of the stooges mention today`s or last month`s job report?

I wrote about it last month, 22,500 full time jobs vanished last month in B.C....At a time of the year when traditional hiring takes place BC is shedding jobs like crazy, I also wrote that the next job report will show even more job losses, again we were right, BC in the last month lost another 9200 jobs, that brings the total amount of lost jobs over the last 2 months to almost 33,000 full time jobs gone!

We are the only Province in Canada losing jobs, the Jack Mintz predictions of major job losses in British Columbia that he made for the CD Howe institute are coming true, Jack Mintz wrote in the CD Howe publication that the HST would cost jobs and would lower wages for years, Jack Mintz went on to say that jobs and wages may ultimately rise but it will take a decade to see any positive results...LOL...

The HST is a scam friends, if you read the last link to this month`s job losses, if you read the stats at the end of the article we in BC have the highest unemployment levels in Canada with the exception of.....You guessed it, Atlantic Canada, .....Atlantic Canada has had the HST since 1996 and year after year the highest unemployment levels in all of Canada through good and bad times are always the HST Provinces in Atlantic Canada, and now we in BC have joined Atlantic Canada with the highest levels of unemployment...

Todays story about the job gains throughout Canada, even the Provinces that gained jobs were mainly part time jobs or Government jobs, even manufacturing in Ontario never created even 1 job....

Friday trash day, BC shed another 9300 jobs after losing 22,500 jobs and the media stays silent on the HST, not one word about connecting the job losses to the HST yet.

Yet if BC had a new movie that started shooting or if a company was hiring employees the headlines in the big dailies, radio, and Global would be glowing, praising the HST wouldn`t stop....If B.C. like the rest of Canada added thousands of jobs the HST would be plastered on the headlines and be regarded as the godsend to our Province.

And now that the job losses have come true, BC in an economic funk, consumers pulling back, cross border shopping, internet shopping and the underground economy, now that the truth has arrived the silence from the media on the negative HST results is....

"Deafening"

The Straight Goods

Cheers-Eyes Wide Open