This and that for your Thursday reading.- Armine Yalnizyan points out how inequality is bad for everybody – including those at the top who are fighting to exacerbate it:Say the word “inequality,” and many people automatically assume you’re talking abou…
Continue readingTag: budget
The Happy Wanderer: Repealing HST Bad Move
BC moves to eliminate the tax that would now increase the deficit. In fact the B.C deficit is now tripled. The big loss is of course the 1.6 billion BC now has to give back to Ottawa. BC is still moving to eliminate the deficit by 2014. BC could have a…
Continue readingThe Happy Wanderer: PC over Promising.
In PEI the PC’s in the province who are losing terribly in the polls are trying to gain support promising something that PEI can’t afford. The Pc leader Olive Crane said if elected she would reduce the P.S.T in the province from 10% to 9%.
“For a one…
Continue readingHellberta: Another sleepless night
It’s 3:45am. For the past week I’ve had a churning in my stomach I can’t shake, and with it I can’t sleep. So much is on my mind, but so much is always on my mind — why should this week be any different? So I’m going to just sit
Continue readingHellberta: Canada: A country in economic denial
Well the market since the S&P downgrade of U.S. debt has been a fun ride huh? Gold continues to set what seem like daily records while stocks are “only slightly higher than a decade ago“. But all of these lightning fast developments have not shaken the faith Canadians (and in
Continue readingThe Happy Wanderer: Super Commitee best of the worst!
The debt deal that passed the U.S congress was seen as a compromise that no base of either side was happy about. I think that the first part was okay as it did address some problems with the deficit, but it didn’t hit it’s core. The core of the Deficit…
Continue readingAccidental Deliberations: Sunday Morning Links
Selected text for your weekend reading.
– Edmund Pries points out how the right sees wasted public money and gratuitous tax slashing as tools to force cuts to programs which actually serve a valuable purpose:
During the Reagan era, a friend and former…
The Happy Wanderer: Another Stimulus?
With more fear with the stock market some people in the U.S have been asking for another stimulus or spending package. Although putting money into the economy will create jobs the U.S can’t afford it! Debt to GDP ratio is at 98%. The U.S doesn’t have m…
Continue readingHellberta: A rundown on Alberta’s future
So the deed is done, the U.S. has now officially been rated AA+ for an entire trading day during which the S&P took the ratings axe to many U.S. institutions. Many people who have read this blog probably look at it with an overly negative outlook. Please now look back
Continue readingThe Happy Wanderer: Debt Deal History
There is a lot of history on the debt ceiling in the united states. In fact for many decades the debt ceiling increased tremendously without the need of any compromise on spending. In fact JFK increased has the debt ceiling&nbs…
Continue readingHellberta: A conflict over ethical oil
By now anyone who follows energy, economics, or the environment has probably heard the term “ethical oil”. If you are not familiar with it; it was coined by Ezra Levant in his book Ethical Oil: The Case for Canada’s Oil Sands. It also coined a lesser known term “conflict oil”.
Continue readingThe Happy Wanderer: Republicans Still Oppose Tax increases!
The Republican position on taxes has never changed over the past few years. They will be against any tax increases. Even tax reform which would actually lower the Corporate tax rate in the U.S by 7%, but makes more revenue by eliminating loopholes wasn…
Continue readingThe Happy Wanderer: Debt deal is Okay!
The debt deal that is currently being rushed to in the last few days before a default. This deal supports 1 trillion in cuts first over the next decade then having a joint committee that would look into another 1.5 trillion in more cuts. Medicare and S…
Continue readingThe Happy Wanderer: Wow Republicans !
Last few years when the Dem’s held both houses the Republicans stood united against almost every single thing the Democrats proposed. The Republicans now are somewhat divided in passing Boehner plan. It seems the curse of being the party in power has n…
Continue readingHellberta: The next Alberta economic boom will be funded by faith
Good day to you Albertans. I haven’t written on this blog for quite awhile, in fact I wasn’t even sure if I was ever going to blog again. Things are moving too fast now to really spend any significant time on a particular subject however I feel Alberta’s economy needs
Continue readingAccidental Deliberations: On clear choices
The fact that Nova Scotia’s NDP government has managed to drag the province’s budget into a substantial surplus even in the midst of difficult economic times has received some well-deserved attention over the past couple of days. But I’d think it’s par…
Continue readingDeSmogBlog - Clearing the PR Pollution that Clouds Climate Science: GOP Congressman Warns That EPA Could Be On The Chopping Block After 2012 Elections
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Representative Mike Rogers (R-AL) told an internet-based radio program earlier this week that if the GOP is able to sweep the 2012 elections, government agencies like the Environment…
Continue readingAccidental Deliberations: Parliament In Review: June 21, 2011
Issue of the DayMuch of the day’s debate was taken up with the final debate on the Cons’ budget legislation, with the NDP particularly highlighting provisions to subsidize private mortgage insurance – while the Cons responded at times by insisting that…
Continue readingThe Happy Wanderer: The Republicans are Getting Old part 2 (Part 3 will come soon)
Republican morals have of coursed seem the same at least in the capital. one of the most pointless morals that Republican politicians tend to agree with is that
Drugs are Bad!
Republicans, have always were against Marijuana legalization and are alway…
The Happy Wanderer: The Republicans are Getting Old! Part 1
The Republicans leaders all over the U.S are getting any new material, and quite frankly I am getting a little sick of proving there ideology wrong, but let’s summaries there whole platform shall we.
1. Cut spending
seems simple and okay eno…