Showing posts with label Bob Gainey. Show all posts
Showing posts with label Bob Gainey. Show all posts

Saturday, 31 March 2012

Pierre Gauthier = Stéphane Dion: Why Mulcair and the NDP owe the Liberal MP big


When Montreal Canadiens owner Geoff Molson finally fired GM Pierre Gauthier last week and also bid adieu to special advisor Bob Gainey, there is no question that the horrible acquisition of overpaid forward Scott Gomez from the New York Rangers contributed to some long-term damage for the franchise.
Gainey claimed at the time that he signed Gomez – whose contract of $7.3 million a season still has two more years to go – in order to show other top-notch players that the Habs were serious about making the team better.  Gauthier was his assistant at the time. So they were both complicit.
Gainey was a star player for the Habs and overall not a horrible GM. But he will forever be remembered and embarrassed for the Gomez deal. So who is his equivalent in politics? Why Stéphane Dion, the federal Liberal MP for the riding of St. Laurent Cartierville. Dion too inflicted permanent damage to his party running for the leadership, mysteriously winning and then getting creamed by the Tories in the 2008 general election.
So who was Dion’s Scott Gomez? The name is Jocelyn Coulon and if it were not for Dion’s horrible lack of judgment, the New Democratic Party would not have swept Quebec in the last election a year ago nor would Thomas Mulcair be the leader or possibly even an NDP.
Come back five years with me to the by-election which  gave Mulcair his Outremont seat. Jean Lapierre had resigned as Member of Parliament for the riding. In one of the many questionable moves he made as  leader,  Dion ignored efforts by supporters of Justin Trudeau to get the Grit nomination. This should have been the logical thing to do. Trudeau lived in the riding, was the son of this country’s most distinguished prime ministers and a clear slam dunk to win.
I recall talking to Mulcair a few months before a by-election was called. He had just joined the NDP and I asked him whether he would consider running in Outremont. Mulcair seemed set on waiting for the next federal election and seeking a seat in one of the Laval districts, where he had represented the provincial Liberals. Now remember, at this time  only one Quebecer – Phil Edmunston – had ever been voted in to Parliament for the NDP in a by-election.
In his infinite wisdom Dion sidestepped the Trudeau option and chose journalist Coulon to carry the Liberal banner. Mulcair, probably thinking that a battle with  Trudeau would be fruitless, had stayed out of the by-election speculation. But once the politically inexperienced Coulon was thrown into the fray he declared his candidacy.
Coulon was a disaster from the get go. Outremont is home to a vocal Hassidic Jewish community of several thousand. When B’nai Brith came out with a demand to Dion to remove his so-called “star candidate” Coulon because of his past stance on Israel, Mulcair started to gain traction.
B’nai Brith stated that Coulon, a political scientist and former journalist, had a "well-documented anti-Israel bias," including sympathy for Hamas, that is "out of step with current Liberal policy."   While Coulon arguing that he was a proponent of healthy debate, not of anti-Israel sentiment, it really did not matter. B’nai Brith had the goods on him.  They cited one opinion piece, dated Feb. 22, 2006, in which he wrote that Hamas wasn’t  just a terrorist organization, but a social and political movement that won the Palestinian elections because of its commitment to fight corruption and help people — and the international community should not isolate it.

Muclair won the 2007  by-election handily and raced to victory again in general votes in 2008 and 2011. The Orange Wave which hit Quebec a year ago, with 58 seats going to the NDP, would never have happened if not for Mulcair’s presence. Party members did the sensible thing by choosing him as leader for the road to power in three and half years indeed starts in Quebec. It is also important to keep the Bloc Québecois on the sidelines. The NDP owes a debt of gratitude to Dion, Coulon and yes, B’nai Brith Canada. It would be most fitting  in the 2015 federal election if the NDP runs a strong candidate in the St. Laurent-Cartierville District and bid good-bye to Dion, the true architect of the NDP success story.

Here is a clip from Mulcair's 2007 by-election victory and his predecessor, Jack Layton:



Here is Dion's embarrassing interview with CTV:




Tuesday, 15 November 2011

Investment advisor expands on why we should Occupy the Bell Centre


When I picked up a copy of La Presse recently and saw Montreal investment dealer David Ipperciel’s proposal to “Occupy the Bell Centre” I was really intrigued.  I have found the salaries being paid to professional athletes revolting for some time. In the case of the Canadiens, I was shocked to see former GM Bob Gainey trade for  past his prime $7.3 million a year  forward Scott Gomez and then give Mike Cammalari ($6 milllion) and Brian  Gionta ($5 million) annual contracts beyond their worth. Yes, as my good friend Abe Hefter from CJAD always reminds me, “Gainey got Gomez in order to attract free agents like Cammalari and Gionta.”
David Ipperciel

Even if Gomez scored 30 goals, I’d have a problem with the salary he is making. Pierre Gauthier, Gainey’s successor and the man most likely truly responsible for us being saddled with Gomez, gave defenceman André Markov a three year $17 million contract last summer when there was no clear indication if his bad knee could  hold out. As of today, he has yet to play a game all season.

True, this is owner Geoff Molson’s money.  He spent $500 million to buy the Habs. It is a business. Nobody is forced to  buy tickets or souvenirs or watch the team play on television. Professional sports is entertainment. People do not complain about Daniel Radcliffe or Julia Roberts making $20 million per movie.

Here is a translation Ipperciel sent me of his piece in La Presse:

I work in the financial sector in Montreal and feel that much attention is directed towards our industry following the Occupy Wall Street movement.  Being of a generous nature, I would like to share this attention with others.

I propose a new movement: Occupy Bell Centre. People complain about the high level of salaries in the financial sector, far above the average pay.  However, the income of professional athletes is clearly higher than those of my peers.  How dare they extract such compensation!  After all, they only play a game, often in an unruly way...  Worse yet, half the teams perform below the median of their league!  How can they justify their astronomical salaries in those conditions?

Many will quickly point out than the financial sector of Wall Street had to be bailed out (not in Canada, but who’s noticing).  To those, I must recall that every penny paid out by the US government to the financial sector through the TARP program was reimbursed.  At the end, the program did not take away money from the American taxpayer.

On the other hand, professional sport teams are able to build arenas with the help of public funds, and often benefit from tax rebates or exemptions.  In contrast, the financial sector is one of the biggest contributors to government tax receipts, through corporate or personal tax, topped by a special payroll tax targeted specifically to them.

We can also expect to see new financial regulations implemented soon (Bâle, Volkner Rule).  In the hockey world, the legitimacy of violence is still being debated.  In this context, Occupy Bell Center is probably not a bad idea. 

Or why not Occupy Capitol Hill?  The governments have been important contributors of the financial crisis.  In the US, minimal targets for low income families were imposed by Congress to Fannie Mae and other agencies, in order to boost home ownership.  This helped develop the subprime market which led to the debacle.  The Chinese government manipulated the yuan’s exchange rate, which encouraged over-consumption all over the world, and launched the risk-seeking frenzy that followed because of the lower rates that it generated.  The Federal Reserve contributed by keeping rates too low for too long.  And more important, European governments exacerbated the crisis with their unrestrained accumulation of debt, threatening our social democracy.  Let us join in this popular indignation by occupying all these places!

I spoke to Ipperciel some more about his article. He agreed his tongue was planted firmly in cheek.

“No, I don’t think an Occupy Bell Centre would work,” he conceded.  “The whole ‘Occupy’  movement attracts sympathy because of its vagueness, so that everybody can relate.  An Occupy   Bell  Centre would have a more specific demand ( such as lower salaries which would bring a more polarized debate.  In any case, I was being facetious.  People are quick to denounce the big salaries of financiers.  If the salaries are too big, then why not criticize anybody else with a huge salary, like professional athletes?

“I really have no problem in principal against the high salaries of professional athletes.  I say in principal, because in practice, professional teams have become experts in blackmailing governments for handouts, whether for building a new amphitheater, or tax credits.  I’m sure you can come up with examples in hockey or Formula One. Would the salaries of these professionals be as high without government aid?  Probably not.  What they attract  -or extract- from their talent or the perceived attractiveness of their product, they entirely deserve.  They are not putting a gun to anyone’s head to buy their tickets or watch them on TV.  They deserve what they get from fans. 

"I just have a problem with what they get from government.  From what I understand, the Montreal Canadiens have paid for the Bell Centre without government aid, and they pay full taxes every year on it.  So whatever salary they pay to their team is their business, as they must remain competitive.  As for Scott Gomez, they made a bet, and do not seem to have gotten a good return on their investment.  As a citizen, I have no problem.  As a fan, I can’t be too happy.  But that  is the nature of the game.  Regarding the whole pro hockey scene, we should all be outraged as long as there is government involvement, using our tax money to make millionaires even richer? Come on!  The funny thing is that the Americans - supposedly capitalists - seem more prone to this than Canadians - supposedly socialists. Go figure."

Bravo David!   

Here is a look at Occupy Wallstreet Montreal.