Image by Images_of_Money The current debate in Washington as to whether or not and under what conditions to raise the debt-ceiling has for the past week dominated global news coverage and the public mind. Absent from the debate and mainstream coverage is a discussion of the debt limit in the
Continue readingTag: Deficit
RedBedHead: US Debt War Will Lead To Recession
Hate to say it folks but there’s about a snowball’s chance in hell that the world won’t have returned to recession by the end of this year. There are many factors involved that make this likely – the necessary slowing of China’s growth, the defaults an…
Continue readingDeSmogBlog - Clearing the PR Pollution that Clouds Climate Science: Cutting Nukes First: The Economic Burden of Nuclear Weapons
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As I write this, US leaders have just two weeks to make a deal on how to cut the deficit to prevent the nation defaulting on their debt commitments.President Obama said that, in terms o…
Continue readingRedBedHead: Obama’s Phoney Budget War
There’s a fairly decent chance that the morons who run the American Empire will let the country slip into default at the beginning of August, causing a cascade of penalties and blowback that will kill the barely breathing recovery. Greek politicians ca…
Continue readingRedBedHead: Greece: Bigger Than Lehman Brothers
What a frigging disaster. Back in 2008, the US Federal Reserve let the Lehman Brothers investment bank – which held more than a bellyful of toxic debt, go to the wall. It was meant to bring “calm” to increasingly panicked financial markets. That will p…
Continue readingThe Happy Wanderer: Fiscally Reposible? Yeah Right
The Conservatives are going to reduce the Corporate taxes by more for next year. If this years budget passes (which of course it will) the corporate taxes will be 16.5% the next year the Harper Government wants to reduce it to 15%. The cost for these c…
Continue readingProgressive Proselytizing: Pharmaceutical Patent Lengths
Obama’s recently announced deficit reduction proposal includes the reduction in patent lengths for brand name pharmaceutical drugs from 20 to 7 years. Let us step back and consider the case for such patents and how we might determine an optimal time le…
Continue readingLiberal Video Depot: It’s time to stop the Stephen Harper Gravy Train
Where’s Rob Ford when you need him.{Video by liberalvideo}Please send LVD your political and news videos and clips.
Continue readingLiberal Video Depot: It’s time to stop the Stephen Harper Gravy Train
Where’s Rob Ford when you need him.{Video by liberalvideo} Please send LVD your political and news videos and clips.
Continue readingLiberal Video Depot: It’s time to stop the Stephen Harper Gravy Train
Where’s Rob Ford when you need him.{Video by liberalvideo} Please send LVD your political and news videos and clips.
Continue readingRight of Center Ice: Mr. Speaker, a question for the honourable member…
…What does it cost? The Harper Party rebuttal: law and order is priceless! The logical follow up: Is knowing the price-tag on policies to incarcerate people for non-violent offences too much to ask for these days? The Harper Party rejoinder: YOU’RE SOFT ON CRIME!
Continue readingThe Deficit Kings
When I read Brian Mulroney giving Harper advice to “do something big,” I laughed.
First I thought perhaps Mulroney meant taking in a $300,000 bribe, lying about it, and then successfully suing the Federal government for over $2 million due to allegat…
Continue readingThe Liberal Scarf: No Plan
Kevin Page once again shows the truth: That the Harper Conservatives talk on the economy are all transparent politics.http://www.cbc.ca/money/story/2011/01/20/budget-office-report.htmlPage’s office expected to find out how 10 departments that had repor…
Continue readingFlaherty: Deficit will be retired by 2011
OTTAWA – Faced with record federal debt, Finance Minister Smilin’ Jim Flaherty boldly predicted that the federal government’s deficit will be erased within twelve months. “We’re going to sell more Senate seats. These are a hot commodity, and they’ll fe…
Continue readingRegan Wolfrom: Selinger, Wowchuk and their Hot Tub Time Machine – A New TV Series based on the upcoming movie
I won’t comment on whether or not it’s appropriate for the Premier and Finance Minister to be spending so much time in a hot tub even as they expect their cabinet ministers to take a pay cut. What I will say is that it’s truly remarkable how often the NDP government finds itself unexpectedly in […]
Continue readingJacked Up: Harper, Baird, Flaherty, EI and the Economy.
I’ll start with two separate paragraphs, from two separate articles (The first from the Ottawa Citizen, the second from the Globe and Mail: Baird falsely portrayed the Liberal scheme for a 360-hour standard as one that would require a massive payroll tax. The Liberals said they would fund the move
Continue readingJacked Up: The end of Conservatism
That’s what Andrew Coyne wrote about today. Basically he said that the Harper governments decision to spend so much and go into a deficit is the last straw, and that they now have failed to uphold any fiscal Conservative values. All of which could have been a lot less serious
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