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Supercorp Sell-off
by Steve Payne
 Author
says: what if a really bad idea rejected by the Province of
Ontario had been adopted by Canada at a national level? Please note that the
opinions expressed in this post do not necessarily reflect the views of the
author(s).
July 14th 2010,
Canadian Debt Clock
Ticks Awayas part of a package of austerity measures intended to
reverse the unstoppable progress of the giant "debt clock", Canadian Prime
Minister Stephen Harper announced on this day that a multi-billion dollar
consortium of investors led by the Australian-born businessman Rupert
Murdoch (pictured) had purchased "Supercorp", a merger of the near-bankcrupt
nation's electricity, gambling and liquor corporations.
The Scheme had raised a host of accounting issues which had been forceably
set aside in favour of expediency as the economy entered the second phase of
a double-dip recession. Harper's controversial action had been prompted by
the frightening growth of the country's national debt which had reached $500
billion earlier in the year, a ten-fold increase over the last fifty
years.
 "BWA-HA-HA-HA-HA!
WE are controlling your electricity! WE are controlling your LIQUOR!
Surrender now, puny Canadians, or face a dark, cold, SOBER future!" -
readers commentIn 1993, the Canadian Taxpayers Federation
commissioned the construction of a giant debt clock - 12 feet long by
8-and-a-half feet high - with changeable faceplates for the federal and each
provincial government.
The clock displayed the per-second increase in debt along
with the share for each Canadian family.
"Am I the only who thinks Murdoch
is looking more & more like Mr Burns? Excellent...- readers commentThe
clock was toured around the country. The clock went into temporary
retirement once the federal government balanced the budget in 1997 and began
paying down the federal debt.
In fiscal 2008-09 the debt clock climbed by $183.92 per second, taking
federal debt up to $463,700,000,000. After April 1, 2009, the clock, and the
federal debt began growing by $1,772.57 per second, which is the equivalent
of $106,355 per minute, $6.4-million per hour, or $153-million each day.
Author
says to view guest historian's comments on this post please visit the
Today in Alternate History web site. Considerable amounts of content
have been repurposed from
Wikipedia.
Steve Payne, Editor of
Today in Alternate History, a Daily Updating Blog of Important Events In
History That Never Occurred Today. Follow us on
Facebook, Myspace and
Twitter.
Imagine what would be, if history had occurred a bit
differently. Who says it didn't, somewhere? These fictional news items
explore that possibility. Possibilities such as America becoming a Marxist
superpower, aliens influencing human history in the 18th century and Teddy
Roosevelt winning his 3rd term as president abound in this interesting
fictional blog.
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