eResearch

Tuesday, August 28, 2007

eResearch Blog: Get Off The Pot

Analyst Article

eResearch is pleased to provide an article written by Edmond G. Eberts of RAPPORT Capital Formation Strategists Inc.

This latest treatise by Mr. Eberts discusses the actions (or inactions) of our politicians and chief executive officers.

Some of the key excerpts from the article are quoted below:

“Though colourful and passionate when standing tall on the stump, all too many members of provincial legislatures and parliament turn into little more than silly putty once in office, bouncing awkwardly from one poll to the next.”

“Few of the members (of the House of Commons) seem to have any idea as to what the real world is all about. The idea that corporate tax rates should be kept relatively low to encourage investment and job formation seems to be beyond their scope of comprehension. Nor do they appear to understand that competitive capital gain and dividend tax rates would spur investors to assume more risk, critical to financing the wealth begetters of the future, those able to make large donations to worthy causes.”

“Whereas all-star hockey players learn to cope with competition, many of our senior corporate executives are scared stiff to go into a corner and fight for the puck preferring, instead, to pass it to someone else and head for the bench.”

“Instead of applying the brakes to change, governments should do whatever they possibly can to encourage corporations to get with it, by upgrading the effi ciency of their facilities and looking afield to expand. Otherwise, they stand little chance of remaining competitive, subject to being acquired at what, in the end, will prove to be a bargain price by those willing to do what needs to be done to grow and prosper.”

“If our politicians hope to get re-elected and CEOs be acclaimed, they must pull up their socks.”

Mr. Eberts is interesting to read, thought-provoking, challenging, and always entertaining.

We hope you enjoy the article.


To access the article, click on http://www.eresearch.ca/_report/GetOffThePot_082807.pdf

To access eResearch: www.eresearch.ca

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