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30 July 2008

Nothing says election like politicians and cash: the desperate leprechaun version

Oil prices may be plummeting and with them gasoline prices, but if you are an incumbent politician looking warily at the electoral weathervane, you'd be talking out loud to anyone who will listen about finding a way to gasoline and other fuel costs.

He might be running a deficit, but federal finance minister Jim Flaherty is talking about finding some way to interfere in the marketplace in a way that would likely bring more problems than it cures.

Next thing he'll be screaming for tight monetary policies and jacking up interest rates to frighten off the inflation demon.

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