An Absurd Fabrication
With regard to this Chuck Cadman nonsense: someone is lying. Someone is lying badly.
In summary, the accusation is as follows: that the Tories offered Cadman a bribe to vote to bring down the government in the form of a $1 Million insurance policy. The accusation is specific on this point.
This is absurd. As someone with at least a passing familiarity with insurance, I can tell you right here and now that this story is crap. Anyone with half a brain (admittedly, a set of criteria which seemingly excludes much of the Liberal caucus) should be able to see that. Even the Vancouver Sun, which broke the story, admits it today - burying it at the very end of their article:
The cost of the insurance premiums for a man in Cadman's advance state of illness would be prohibitive, insurance specialists said.
"To underwrite a guy with that condition, the premium on a million-dollar policy would be something like $850,000," said Phil Moller, a chartered life underwriter in Toronto.
Not to mention the obvious truth that such a policy would be impossible to hide - and, in fact, would raise all sorts of red flags the moment that it was written.
For that matter, the Tories spent $17 Million in the whole of the 2004 election. Since, obviously, this money wouldn't have been able to come from campaign accounts, where exactly was it supposed to be coming from?
This doesn't make any sense at all. It's hearsay, passed on from a guy who's dead to his wife, who might well have understood. This is an ugly Liberal smear job - using a dead man to launch deliberately unfalsifiable allegations.
In summary, the accusation is as follows: that the Tories offered Cadman a bribe to vote to bring down the government in the form of a $1 Million insurance policy. The accusation is specific on this point.
This is absurd. As someone with at least a passing familiarity with insurance, I can tell you right here and now that this story is crap. Anyone with half a brain (admittedly, a set of criteria which seemingly excludes much of the Liberal caucus) should be able to see that. Even the Vancouver Sun, which broke the story, admits it today - burying it at the very end of their article:
The cost of the insurance premiums for a man in Cadman's advance state of illness would be prohibitive, insurance specialists said.
"To underwrite a guy with that condition, the premium on a million-dollar policy would be something like $850,000," said Phil Moller, a chartered life underwriter in Toronto.
Not to mention the obvious truth that such a policy would be impossible to hide - and, in fact, would raise all sorts of red flags the moment that it was written.
For that matter, the Tories spent $17 Million in the whole of the 2004 election. Since, obviously, this money wouldn't have been able to come from campaign accounts, where exactly was it supposed to be coming from?
This doesn't make any sense at all. It's hearsay, passed on from a guy who's dead to his wife, who might well have understood. This is an ugly Liberal smear job - using a dead man to launch deliberately unfalsifiable allegations.
posted by Adam Yoshida at
11:49 PM
2 Comments:
Just because the insurance premium was expensive, doesn't mean they didn't offer it. SOMETHING happened that day, and now that there's a taped conversation out there, this isn't over.
And the fact that the Tories spent $17 million that year, simply means they could afford do offer this up. $850,000 to bring down a government.....its plausible.
Ah the Chewbacca defense, IT DOESN'T MAKE ANY SENSE!
Adam I know you're a thickie but try to understand that this would be the perfect way to hide a bribe. It's a safe bet that Harper has buddies in the insurance biz, they pre-date the policy and slip it in the mix, a perfect camouflage.
It's funny, you embraced every accusation of the Liberal scandals as gospel yet suddenly you're all Mr. Critical Thinking, why is that?
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