Tuesday, March 06, 2007

Blunderball

The NDP accumulated quite a track record over their past two terms in office. Notable achievements include the Hydra House scandal, the unauthorized Seven Oaks School Division development, the Floodway cost overruns, an unfulfilled promise to end hallway medicine in six months, and of course the topic du jour, Crocus.

Agent 007%’s role in Blunderball is 7 years (and counting) in the making. If a company were to spend all of this money on social, economic & infrastructure initiatives only to have little or nothing to show for it, its efforts would be rewarded with a credit downgrade. Given record provincial expenditures with the above-noted results, is a provincial downgrade coming in a few years?

I could just see Gary introducing himself to analysts if he wins another term:

Bond.

Junk Bond.

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