It is always nice to see the various economic classes looking out for one another. When the assets of the top are threatened, the bottom must suffer. Easy math, really. This excerpt from an interview with Michael Hudson on Counterpunch. Peries: Look forward to it, Michael. So Michael, some
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The Common Sense Canadian: The Harper Conservative economic disaster
Photo: Stephen Harper/Flickr cc licence Guest post by Doug Carrick According to Stephen Harper, the coming election offers a choice between the certainty of Conservative economic expertise on the one hand…or the risk of Liberal or New Democrat inexperience. However, a closer examination reveals a different picture. It is the
Continue readingAlberta Politics: Give a thought to Alberta’s approaching budget day: there’s little to gain and plenty to lose from ‘debt free’ government
PHOTOS: Former premier Ralph Klein, now elevated to sainthood by the neoliberal cargo cult, celebrating the retirement of Alberta’s debt in 2004, never mind the mess the infrastructure was in. Below: Alberta Finance Minister Joe Ceci, Canadian economist Jim Stanford and Wildrose Finance Critic Derek Fildebrandt, with, bottom, his old
Continue readingSaskboy's Abandoned Stuff: What Are Market Predictions?
“Mon, Aug 17, 2015 – 8:15 AM Bill Baruch, chief market strategist, iiTrader joins BNN to discuss why he’s watching crude oil to move sharply higher today.” “oil will rally today” is the BNN video title, but I didn’t hear the trader say that, but he did say a rally
Continue readingExcited Delirium: Stephen Harper Has Offered the Opposite of Good Economic Management
Because of his reliance on oil, Stephen Harper has been a very poor manager of Canada’s economy. Exchange rate volatility, job losses and other factors point to this conclusion.
Continue readingScripturient: Strat Plan Part 4: Economic Vitality
What, you may ask, is meant by the term “Economic Vitality” – the third objective in our town’s strategic-plan-in-the-works? Apparently it’s one of those motherhood statements people make on soapboxes and campaign platforms that have little grist in them to mill into actuality. Sure, we all want a town that
Continue readingA Puff of Absurdity: On So Much Anger
Anger may be defined as an impulse, accompanied by pain, to a conspicuous revenge for a conspicuous slight directed without justification towards what concerns oneself or towards what concerns one’s friends. If this is a proper definition of anger, it must always be felt towards some particular individual, e.g. Cleon,
Continue readingPolitics, Re-Spun: Stephen Harper Is Such a Bad Economist!
He says he’s awesome, but he’s so bad, that on the economy he’s the worst prime minister since WWII. And his campaign is “don’t change horses in mid-stream, I’m a great economist, we aren’t in a recession, we have a balanced budget and only I can protect you from the
Continue readingA Puff of Absurdity: Economics of Happiness
The 60 min. documentary, Economics of Happiness, is being offered free to watch online for the month of August. It’s a thoughtful look at how we could be living if we could only let go of consumerist culture that hasn’t made us particularly happy in the first place!
Continue readingAlberta Politics: Shhhhhh! Don’t tell anyone: As PM, Stephen Harper’s economic performance is a bust!
PHOTOS: From the sublime to the ridiculous? Liberal Lester Pearson, the top postwar economic performer among Canadian prime ministers. Below: Stephen Harper, the bottom. Below him: Pierre Trudeau (second best) and Brian Mulroney (second worst). Below them: Unifor economists Jim Stanford and Jordan Brennan. One of the most effective ways
Continue readingA Puff of Absurdity: Child Poverty Worse than During the Depression
The article is about the states, but Canada isn’t far behind. Children growing up in poor households are likely to lag in their brain development and thereby perform poorly in schools, even if they move in better neighborhoods, a new longitudinal study on child development revealed this week. Examining hundreds
Continue readingThings Are Good: Using Comics to Explain Complex Economics
Economix Comix is a series of comics that looks at, you guessed it, economics. Using comics is a great way to translate really complex economic ideas into something which is more relatable and understandable. Late last year the artist (and brain) behind the series of comics released a look at
Continue readingA Puff of Absurdity: Celebrity Impact
So Harry Styles advises us to avoid SeaWorld if we care about dolphins, and everybody’s talking about it. This could just be the needle that broke the camel’s back; many groups have been trying to stop the hunt of dolphins since The Cove first aired. Or it could be, as
Continue readingA Puff of Absurdity: So I Went to the March
I went to the Jobs, Justice, Climate march on Sunday. It’s taken me a few days to think about what I think about it. Klein so close at the pre-pre-rally. I got to Queen’s Park way early and sat under a big tree to read and wait, and I happened
Continue readingRead my lips—it doesn’t trickle down
It has been the heart and soul of capitalist market economics since day one—the ultimate justification for an unfair society. If we ensure that the rich get richer, the benefits will trickle down through the economy benefiting all. According to a new and exhaustive study released by the International Monetary
Continue readingThe Common Sense Canadian: Canadian oil industry slashes production forecast by 1.1 million barrels/day due to price slump
Enbridge tank farm at “Refinery Row” in Sherwood Park, Alberta (Damien Gillis) Read this June 10 Calgary Herald story by Stephen Ewart on the Canadian oil industry’s diminished projections for daily production, amidst $50 oil: Well, there’s a quick 1.1 million barrels a day towards the no-carbon economy. Day One of the 85-year
Continue readingA Puff of Absurdity: On Being an Ally
I’m not sure how to say this without being blasted, but I’ll try: I might understand a little piece affecting Rachal Dolezal decision to present as black rather than be a white ally. I just have one story. It was about ten years ago. I had just finished reading The
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