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From: Roger Voss 
Subject: FW: C-NEWS: Foreign Correspondent: Weep
Message-ID: <9511012030.AA20301@netmail2.microsoft.com>
Date: Wed,  1 Nov 95 11:05:41 +0000 (GMT)


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From: Local GlobalPublishing  
To:  
Subject: C-NEWS: Foreign Correspondent: Weep
Date: Thursday, October 26, 1995 10:36PM

                         Foreign Correspondent

                      Inside Track On World News
          By International Syndicated Columnist & Broadcaster
                 Eric Margolis 

Weep

by
Eric Margolis 26 Oct 95

Look at Canada and weep. Here is one of the world's wealthiest, finest
nations, facing bankruptcy and dissolution largely because of
political and economic mismanagement.

Other nations have had to contend with  invaders, crushing poverty, or
natural disasters. Canada's only scourges have been the stunning
ineptitude of its politicians, and its ruinous welfare state.  If
Quebec decamps, the blame will lie as much with the heirs of Trudeau's
socialism as with Lucien Bouchard and Jacques Parizeau.

Passengers, even emotional Quebeckers, don't take to leaky lifeboats
in stormy seas unless their ship is foundering. And foundering it is.
Canada teeters on the verge of bankruptcy, barely able to service its
crushing $55 billion foreign debt.  The socialist welfare state
created by Trudeau and expanded by his successors, now gobbles up at
least 50% of the nation's economic activity.  Government is quite
literally devouring Canada.

The nation is racked by high, chronic unemployment, punitive taxes,
and a crumbling currency precisely because big government is sucking
up the country's economic lifeblood. Big government inevitably means a
small economy.

Political and economic mismaagement kill more nations than
nationalism.  We have seen nation after nation in which economic
stress transforms  into violent eruptions of nationalism. Canada is
the latest, and I think saddest,example.

Yugoslavia was the most dramatic. Soaring inflation and unemployment,
uncontrollable government deficits, and shortages of consumer goods
mutated into tribal and religious dementia. These were skilfully
exploited by the Serbian demagogue, Slobodan Milosevic, to enhance his
political power.

Hard economic facts often underlie fiery nationalism. Belgium's
wealthy Flemish north wants to separate from the poor, French-speaking
south.  The better-off Czechs were eager to ditch the much less
prosperous Slovaks.  Spain's booming Catalonia wants no part of the
impoverished south, and threatens to abandon Spain.

These nationalist-separatist movements occured - by no coincidence -
in nations where incompetent governments had debauched their
economies, drained treasuries, and were resorting to smoke and mirrors
to sustain unsustainable, but popular social programs.

If Canada today were the enormously prosperous nation that would be
seeking to abandon ship.  Were Canada the rich nation that it used to
be 25 years ago - with a dollar worth more than the American dollar -
Quebec separatism would be an irritant, not be a mortal threat.  Lack
of economic hope, and lack of jobs, are what impel many Quebeckers to
ditch Canada.

There are no new jobs in industry because government has sucked dry
the economy's vital, employment-creating forces. Each non-productive
government bureaucrat costs two productive jobs in the private sector.
Taxes are near punitive levels.  Entrepreneurs are fleeing Canada with
their money.

The Canadian dollar, once strong as the Swiss franc, has become a
wampum.  This week in Detroit, a man called my Canadian dollars,
`garbage money.' He might just as well have spit on the Canadian flag.
This is how low two generations of  socialist politicians have driven
Canada.

Today, Canada runs for the benefitof its governing bureaucracy.  Civil
service unions are the real masters of the nation, not the taxpayers
who labor more than half of their working year to support them. This
once majestically wealthy nation, this former  Eldorado of economic
opportunity, has become economically invalid, an effeminate North
American version of dreary, socialist Sweden.

The old adage that Canada is `rich by nature; poor by government' is
never more true than at this hour of maximum peril.

Better to ditch socialist Ottawa than Quebec. A government should die
for its country, not a country for the sake of its government.

Most divorces are caused by money problems,  not infidelity. Socialism
has done as much as regional nationalism to undermine this great
country and threaten to break its mighty heart.

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