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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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