Wednesday, July 2, 2008

Liberal Party Debt!

According to Elections Canada's online records database, the Liberal Party received a $2,000,000 bank loan from the Banque Nationale du Canada in 2007!

How delusional are the Liberals to think that they actually have a chnace to win an election and form a government if they need to rely on a loan?!? Neither the Conservatives nor the NDP were forced to take out a loan to cover operating expenses.

4 comments:

Anonymous said...

And why this isn't making the news? Your guess is as good as mine.

How would you feel donating to the conservatives if they were running a debt, or talking out a huge loan like that?

We always get smashed as being in bed with corporate canada, well, the liberls can no longer get donations from these companies. Talk about a party on life support.

Roy Eappen said...

The grits are broke. The Tories regularly raise 3-5 times what the grits do. They returned 600000 to their leadership candidates. They could be wiped out if they lose the next election badly. That would be cool, putting a stake through the financial heart of the libranos by the ballot box.

Thucydides said...

BTW, what did Elections Canada have to say about Mr Dion's "illegal campaign contributions" when he failed to retire his leadership debt in the required time?

jad said...

At an interest rate of 9%, I guess the National Bank doesn't think there are a good credit risk.