All of a sudden banks are a hit with people. They're proud to be Canadian because our banks did so well during the financial meltdown. It doesn't take much for Canadians to find a "proud du jour."
Though there may be some truth to the conservative nature of our DNA (peace, order, good government anyone?) I think stretching it to wisdom may be a tad rich.
When I worked for the bank fro 1995 to 2005 (or thereabouts), the banks were public enemy number one. You couldn't go a day it seemed without reading something the boogey-men bankers were up to. "You guys, are ridiculous" as one friendly client put it to me. To which I retorted, "would you prefer if we didn't?" He replied, "It's not that. It's just that it's too much," "Sez who? How much is too much? If I were you, I'd enjoy the ride." Zing!
The same people ready to wave Canadian and TD Bank (or Royal bank or any other Schedule 1 bank of your choice.Or you could wave, if you live in Quebec, Caisse Populaire or Laurentien if you desire) flags with a maple doughnut (again, your choice) were the same ones who blasted them for the excessive profits we made (even though in the grand scheme of international things, ours were chump change). They couldn't be consoled that are banks were pretty stable.
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Speaking if illogical, myopic double-standards, it's interesting to read how liberals and the Obama administration are dying - dying - to claim credit for a recovery not yet there thanks to their stimulus bill (though not all of it has been spent for some reason). So. Let me see. They "inherited" Bush's mess but proceeded to use his stimulus plan to "fix" the economy even though it was part of the inheritance?
Can someone 'splain to me?
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