Ummm…you know that's a snide comment.

If I thought there was a Conservative in the position to take on the CMHC don't you think I would have suggested as much, particularly one who currently has a bestseller about a collapsing real estate bubble in Canada?

I completely agree with you about the Harper government which is exactly why it could only help to have Garth Turner speaking up on the issue.

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"By Westcoaster.ca Staff

The average sales price for real estate in Port Alberni this past March rose by 12 per cent over the same month last year, according to the Vancouver Island Real Estate Board.

On Tuesday, VIREB released a summary of the Multiple Listing Service for March.

According to the summary, the average sales price in Port Alberni increased to $233,053.

The average sales price across the VIREB region also rose by eight per cent to $338,846.

VIREB reports the number of units sold, however, dropped by about 30 per cent from March 2007."

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Umm you do know that Garth is a Liberal right? The major Canadian party that is NOT currently in power?

As I've said before, Harper and the Conservatives will do nothing to disrupt the CMHC's deepening of the problem because they are desperately hoping that by throwing money more and more recklessly at the problem they can stave off a collapse until after the next election. If Harper hadn't given up the power to call an election we'd be going to the polls soon. They know that if things get bad on their watch that they are screwed.

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"A record number of Americans receiving food stamps. Gas prices at an all-time high, and staples such as milk, eggs and bread costing a prettier penny every week. The average number of Americans filing for unemployment benefits reached its highest level in two years last week, while just this week, construction spending fell for the fifth straight month and manufacturing activity shrank to its lowest level in five years. Real estate values are even plummeting in the Hamptons, and hedge funds started off 2008 with their worst quarter ever."

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my favorite coffee shop is doing less business than usual… owner now puts in a full day and hired manager is on part time, and part time staff is cut back.

this is a ten year old operation that is extremely well managed…….

will keep ya'll posted

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Challenge from Krrish2

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There's currently one person in Canada who has access to a big enough soap box to take on the CMHC – Garth Turner.

I strongly encourage you to lobby Garth to take this cause on via postings to his site at greaterfool.ca

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"Chuck you farley" dates you IMHO.

We still use the mechanism — many times daily — in our home. It saves having to write things like the "#" in "DIPSH#T". Instead we would write say "shipdit" or — depending on our mood — "gucking foofoff" or "wainless bronder" which may turn out to be more appropriate terms.

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