Wednesday, July 9, 2008

Mainstream Media FINALLY Picks Up Story on Liberal Loan

On June 2, I wrote a blog entry about the Liberal Party's $2 million loan from the Banque Nationale du Canada. On July 3, I wrote about the lack of attention on this story by the mainstream media. But today, a full week after I wrote about it, John Ivison has finally mentioned it is a National Post article. Yay! I particularly like his description of the loan:

"The financial statements also show a $2-million loan with a punishing 9% interest rate, collateralized against the assets not only of the party but of a number of riding associations. This is highly unusual and indicated a degree of financial stress long suspected but never admitted by the party."

After my post yesterday, I received several requests for the donations, or lack there of, made by other members of the Liberal Party. I promise that I will look into them today and post the results later this afternoon.

However, I will first address the repeated and erroneous allegations by an anonymous poster or poster that Stephen Harper did not donate to the CPC in the same way that Dion did not donate to the Liberals. Have a look at the following screenshot if you continue to doubt the Prime Minister's donations. He donated a total of $1100 which is the maximum amount allowed under Canada's election laws.

6 comments:

Anonymous said...

Might be interesting to look at the donation records of the local candidates in the upcoming by-elections:

DON VALLEY WEST (if Godfrey steps down)
CPC, John Carmichael - $436.00
LPC, Rob Oliphant - $479.00
NDP, Mike Kenny - $0.00

GUELPH
CPC, Gloria Kovach - $531.00
LPC, Frank Valeriote - $0.00
NDP, Thomas King - $0.00
GPC, Mike Nagy - $0.00

SAINT LAMBERT
LPC - Roxane Stanners - $1036.06
CPC - Patrick Clune - $1000.00
NDP, BQ - $0.00

WESTMOUNT
LPC, Marc Garneau - $690.94
NPD, Anne Lagace-Dowson - $0.00
CPC, Louise O'Sullivan - $0.00

Anonymous said...

Sorry, how about some context... in DVW and SL, things seem pretty matched... but in Guelph, it seems like the CPC candidate is the only one who seems to be putting her money where her mouth is.

Same can be said of Garneau in Westmount.

Babylonian777 said...

Anon..........are the by-election scheduled? If so, for what date? All eyes will be one Guelph.

Anonymous said...

The rumblings I'm hearing is that they'll all be called by July 23, when the Westmount one has to be called.

Saint Lambert also looks like it'll be one to watch... they previously had a maverick Bloc MP, who's shoes will be tough to fill... Harper was there the other week, and the CPC candidate Patrick Clune got a surprise endorsement of the local mayor... that's some serious momentum.

Guelph does look to be an interesting three way battle, though it is a strong left/Liberal town... a CPC win there would be a serious upset.

Roy Eappen said...

Good work! jeffy claims this is old news. we should make sure it is repeated over and over again. it will be increasingly difficult for the grits to borrow money when they have a potential $12 million in liabilities from lawsuits.

Curls said...

The Grits need another Adscam to get their party coffers refilled. Another lawsuit or two and the Hypogrits are toast.