The government announced that it will be introducing legislation to ban the practice of Credit Cards sending unsolicited “cheques” in the mail. I’m all for that! First the cheques themselves are treated like cash advances and begin accumulating interest as soon as they clear so it is better to… ..
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Random Ranting Raving and Ratings: NDP Move to Protect Old Age Security – Vote on Feb 6th
The NDP used the Opposition day in Parliament today to put forward a motion that the federal government not pay for its agenda on the backs of Canadian Seniors by raising the age at which they will qualify for Old Age Security (OAS). Several times NDP members put the question
Continue readingRandom Ranting Raving and Ratings: Investing in Children is Good for the Economy
A new study came out today saying that investing in our nations children is good for the economy. Sadly the current Federal Government does not believe in investing in Canada’s children. Dating back to one of their first official acts – dismantling a national child care program… ..
Continue readingRandom Ranting Raving and Ratings: Top Canadian CEOs making Average Canadian’s yearly salary by Noon, says study
By noon today, Canada’s top CEO’s will have made what most Canadians take an entire year to earn. The current Canadian Government is paying that same rate $90,000 per day to look at ways to eliminate public sector jobs. Jobs that the 99% depend on to provide services like food
Continue readingPolitics and Entertainment: Cuts for Cash: Think about how absolutely appalling and hypocritical this tactic is
Cuts for cash: it can only spur mangers to propose even deeper cuts. Only a nasty neoliberal would use the profit motive to conduct what is supposed to be a rational, considered appraisal of departmental services and staffing needs in the Public Service. And how much is the per diem
Continue readingPolitics and Entertainment: Krugman on His Lucid Best on Euro Crisis and Its Implications
Legends of the Fail – NYTimes.com
Borrowing, if you must, in your own sovereign currency matters, and austerity never works. Here are the facts, though I coud add the caveat if I were a neoclassical economist that those high interest rates for Spain…
Continue readingPolitics and Entertainment: Deconstructiing the Binary Opposition of Politics and Policy in the Harper Regime
Where good politics meets good policy :Dan Gardner’s column in the citizen today. I can count on one finger “good policies” from the Harper Regime, and that finger shakes when the wind blows and twitches when I sleep. Yes, no question Harper would se…
Continue readingPolitics and Entertainment: Bernake Would Seem to Get It. Does Flaherty?
http://goo.gl/CXd0Y Bernake would seem to get it: laying off government employees creates more unemployment. He also knows that any budget deficit should be constricted over a longer term, that cutting spending in the interests of deficit reductio…
Continue readingThe Sir Robert Bond Papers: Commodity prices and economic recovery #nlpoli
From the Globe and Mail: “If commodity prices were to fall back – apart from Canada, of course – it would be a pretty good thing for most of the world because it would put purchasing power back in consumers’ pockets,” Mr. [Roger] Bootle s…
Continue readingLeDaro: Stephen Harper’s Economic Policy
Harper spelled it out at G8 meeting in France: “Let them eat cake.”
Continue readingThe Sir Robert Bond Papers: 15 ideas (and more) for a stronger Newfoundland and Labrador – Introduction
In her first speech to the House of Assembly as Premier – which she and her staff erroneously and arrogantly like to call her inaugural speech – Kathy Dunderdale claimed that, since 2003, she and her party had “demonstrated an unwavering commitme…
Continue readingThe Sir Robert Bond Papers: The looming debt problem
The government’s favourite economist is sounding alarm bells about the provincial government’s financial health. The finance minister, on a local talk radio program, sounding stressed as more and more people start talking about what has been obvi…
Continue readingThe Sir Robert Bond Papers: Locke warns of financial problems
Wade Locke’s been making the rounds of local media in advance of his talk tonight at the Harris Centre of Memorial University. Your humble e-scribbler posted the details of it on Monday. Some quick observations on this Telegram version: There …
Continue readingRandom Ranting Raving and Ratings: Courage in the face of Despair – I’m Voting for the Social Economy
While the Liberals and Conservatives spout on about how well each has handled Canada’s financial economy they are both equally guilty of ignoring Canada’s social economy. What is the social economy? Well it is wide range of community, voluntary and not-for-profit… ..
Continue readingRandom Ranting Raving and Ratings: Low Income Cut-offs – A Lesson for the #CPC
Yesterday my post talked about how sad I thought it was that Conservatives did not acknowledge poverty in Canada. And this morning to my surprise there was a comment arguing that …. the poverty line isn’t real. I am sorry that I didn’t define clearly enough what I meant by poor…. ..
Continue readingRandom Ranting Raving and Ratings: How Poor is Poor Enough?
Harper and Alexander Recently Conservative Chris Alexander made the assertion that Canada has eradicated poverty. Statements like this are disheartening. Many Canadians have to make the difficult choice between paying the rent or buying food. And because people in Canada… ..
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