MARK CARNEY

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Politicians Don't Run Your Town - The Fat Cat Bankers Do

My first order of business would be to banish the heinous credit default swaps, which, believe it or not, are bets on whether a country or company will go broke. I can hear the conversation at home in the evening: 'Hello dear, what did you do at the office today?' 'Aw, just the usual. I placed a $3 billion bet that Spain will go bankrupt by the end of the year.'
CP

The Tories Have Some Nerve Lecturing The World On Debt

Prime Minister Stephen Harper and Finance Minister Jim Flaherty went to Russia for the G20 conference this week, and decided that this would be a good time to pressure the world into cutting government spending and implementing austerity measures. Unfortunately, to the leaders at the G20 -- stuck as they are between deficits and sinking economies, between the option of printing money and doing nothing -- Harper and Flaherty are just as likely to come off as a bunch of self-righteous jerks.