I have to learn to not read funny, ironic things in the news while sipping my coffee or anything else for that matter. It appears that (quelle surprise) the Greek parliament accepted yet another futile bail out package in exchange for even more useless draconian austerity budget. Naturally, Greek citizens
Continue readingTag: capitalism
RedBedHead: Caterpillar Won Because Nobody Fought Hard Enough
It doesn’t have to be this way. We built this country, this economy and this world. We don’t have to mourn the loss of more jobs, this time sent to a union-busting “right to work” state, Indiana, for half the wages. It isn’t inevitable that our wages, pensions, benefits –
Continue reading“Let Me Be Perfectly Clear…”
Our Canada is gone. Harper made that perfectly clear this morning in Davos, Switzerland. Sweeping changes to Old Age Pensions. Privatisation of science and innovation. Deregulation. MacKay signed off our military sovereignty quietly yesterday, authorising Homeland Security operations on Canadian soil, in the event of an emergency, or a terrorist
Continue readingSee How Austerity Will Really Pay Off Canadians in the Long Run
Step right up, boys ‘n’ girls, see what you’re forced to sacrifice for! Tell me again how these mega-low corporate tax cuts and austerity for the rest of us is supposed to benefit Canadians in the long run? H/T deBeauxOs who also wrote some lyrics. I don’t think they’re white
Continue readingMontreal Simon: Stephen Harper’s Horrible Day at Davos
It was without a doubt the most grotesque spectacle the Davos Cozy Capitalist Club had ever seen. As they sat there in their silk leather pajamas watching Stephen Harper pose as an economist. Bragging about the stability of our banking system, while forgetting to tell them that if it had
Continue readingMontreal Simon: The Capitalist Pig and the Occupy Movement
Golly. It looks like that fancy pajama party in Davos, has considered the state of the capitalist pig, and found its condition rather alarming. For decades, this ritzy Swiss resort has hosted an annual celebration of capitalism where luxurious Audis ferry potentates and presidents between lavish hotels so they can bemoan the
Continue readingCanada II: Capital Gains Tax Arguments
Well, south of the border Mitt Romney released his tax records. Death and Taxes Guess what, everybody is discussing whether or not capital gains taxes should be at a higher rate or not. Of course, we have the usual douchebag economics arguments: Double taxation: corporations already pay taxes on their
Continue readingCanada II: Capital Gains Tax Arguments
Well, south of the border Mitt Romney released his tax records. Death and Taxes Guess what, everybody is discussing whether or not capital gains taxes should be at a higher rate or not. Of course, we have the usual douchebag economics arguments: Double taxation: corporations already pay taxes on their
Continue readingCanada II: Capital Gains Tax Arguments
Well, south of the border Mitt Romney released his tax records.
Death and Taxes
Guess what, everybody is discussing whether or not capital gains taxes should be at a higher rate or not. Of course, we have the usual douchebag economics arguments:
Do…
Continue readingCanada II: Why? Why? Why?
Gwynne Dwyer is obviously wondering why world powers are clinging to so much military capacity. Defence Budgets and Cave Men For the first time in history, NO great power is planning to attack any other great power. War between great powers became economic nonsense more than a century ago, and
Continue readingCanada II: Why? Why? Why?
Gwynne Dwyer is obviously wondering why world powers are clinging to so much military capacity. Defence Budgets and Cave Men For the first time in history, NO great power is planning to attack any other great power. War between great powers became economic nonsense more than a century ago, and
Continue readingCanada II: Why? Why? Why?
Gwynne Dwyer is obviously wondering why world powers are clinging to so much military capacity.
Defence Budgets and Cave Men
For the first time in history, NO great power is planning to attack any other great power. War between great powers became eco…
Canada II: Capitalism is the Crisis
I know some people think that the profit motive is perfect but it’s not. It’s incredibly efficient at allocating resources but it doesn’t take into account the needs of human beings that aren’t expressed in terms of profit and expense: This is the full video, from YouTube. You may want
Continue readingCorporate chiefs beginning to see the dark side
The world’s capitalists are worried. The World Economic Forum, an organization composed of 1,000 of the world’s most powerful corporations, is concerned that the financial crisis gripping the global economy may be leading us to a “dystopian future.” In its report Global Risks 2012, the Forum warns, “a society that
Continue readingCrudities
EthicalOil. Ezra. Shares an address in Toronto with Tony Clement. Minister of Gazebo’s in Muskoka. From a website in the archives… 02/ 19/ 04 12:21 pm Fourteen Canadian Alliance Councillors say: “CHOOSE TONY” Fourteen members of the former Canadian Alliance National Council released a statement today, declaring their support for
Continue readingThe Progressive Economics Forum: Capitalism as a Matter of Faith and Twisted Logia
Larry Summers has contributed to a new Financial Times series on Capitalism in Crisis. It merits a read, as an example of tortured reasoning. Summers is the consummate insider neo liberal Democratic economist. A leading academic, he was chief economist of the World Bank, acolyte and then successor to Robert
Continue readingArt Threat: What’s the value of an art school? – Contextualizing the crisis at NSCAD
NSCAD's modern new Port campus overlooks Halifax harbour. Photo by Rory Hyde. Celebrating its 125th anniversary next year, The Nova Scotia College of Art and Design is the oldest of Canada’s four dedicated art universities. With slightly over 1000 full time students and spread across three campuses in downtown Halifax,
Continue readingCanada’s Energy Future
Pressure mounts in the Media, as Canadian Petroleum Producers bombard us with propaganda to forcefeed the Northern Gateway Pipeline and it’s associated Tanker traffic in the most dangerous and pristine water ways in the world. Across Canada, you are being told by the Press that the majority of British
Continue readingOn “fascism” in the U.S.
Paul Street on why the U.S. is not a “fascist” state: Even if real historical fascism could be translated across times and place to the modern U.S. it would be largely redundant for America’s powers that be. The American elite already gets the basic regressive and authoritarian outcomes of fascism
Continue readingAusterity for me but not for thee?
Today the news sites are jam packed with interesting tidbits about government spending and the disparity of wealth in this country. First out of the gate is the fact that CEO’s and CFO’s earned the median Canadian income by noon today. According to a report by economist Hugh Mackenzie, of
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