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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: CLL in holding pattern

Apr 29, 2011 12:03PM

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Apr 29, 2011 07:06PM

Hi Brian

Nice writing from you .Both parts of the world are indeed in trouble .But in Europe the trend is more moving to the right wings while I have the impression overseas it's the opposite.Socialism in Europe is not the same like it was in Russia .And probably when Americans talk about socialism they have more the Russian view in mind instead what we have in Europe.In Russia the State controlled everything and that's not the case in Europe .Social systems in Europe are based on a support for the people when they lost jobs,welfare,doctor's payments ,hospitalization etc..The only problem is to much people take to much profits from that and using the system for the wrong purpose.It also is a costly system but it has a lot of benefits as well.The moves to the right is a pressure on the socilalistic powers to tighten the rules to make it less costly and better under control.

Social parties are mostly backed by the most lower payed workers and lower living standard people .As you know the dividing of profits is very wrong in the world.After the crisis the bonus culture is back again for the high ranked CEO's while their workers on the floor can't get a penny more these days.Look how DG itself took advantage to support his salary and those from his board members.

I'm curious for the election outcome in Canada if according to Rebels that would be crucial for the stock market there.When will results be out ?

Also congretulations for the Americans to kill Bin Laden.Good job.


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