what john tory did this week in signing up for a line of credit is heading toronto to the path of bankruptcy, as we've recently seen in cities like detroit. it's remarkable that so many voters continue to be so stupid as to think that conservatism has anything to do with fiscal responsibility. rather, what we've seen from the progressive conservatives in ontario has consistently been a systemic political goal - that is, this is ideological - to transfer wealth from taxpayers to financial institutions. it's a dominant, consistent theme.

the financial institutions are going to make millions from this, while torontonians pay for it for the next fifty years.

you just got sold, toronto.