Tuesday, December 18, 2007

THE DANNY WILLIAMS EFFECT


The Globe and Mail is running an interesting story today giving Premier Williams credit for creating a boom in consumer confidence that has resulted in a 68% surge in home sales in St. John’s from October to November.

Lori McLeod says, “On the back of a phenomenon industry watchers are calling "the Danny Williams effect" - after the Newfoundland and Labrador Premier who hammered out the oil deal.”

Denise Brophy of Re/Max Reality is quoted as saying “I will tell you unequivocally, without one hesitation, that Danny Williams and the oil announcement are what is driving this market.”

All of this was prior to yesterday’s announcement of a formal agreement between the province and the White Rose partners regarding an expansion of that offshore field.


4 comments:

WJM said...

And your rally-organizing efforts had nothing to do, whatsoever, with building up the cult of Glorious Leader?

Why is Danny responsible for a housing bubble... but not for outmigration or a declining labour force?

Peter L. Whittle said...

Wally:

It cuts both ways! This "phenomena" is pretty much a north east avalon thing.

PLW

WJM said...

Even there, the "phenomena" isn't nearly as pronounced as the cheerleaders would have you believe.

Mark said...

"It had become usual to give Napoleon the credit for every successful achievement and every stroke of good fortune. You would often hear one hen remark to another, 'Under the guidance of our Leader, Comrade Napoleon, I have laid five eggs in six days'; or two cows, enjoying a drink at the pool, would exclaim, 'Thanks to the leadership of Comrade Napoleon, how excellent this water tastes!'"

- George Orwell, Animal Farm