December 2012

The Ecology of Money

According to Professor Michael Hudson, an economist and finance expert profiled in the documentary "Surviving Progress", “Every society for the last 4,000 years has found that its debt grows more…

If Ford is indeed ousted, council must formally declare his seat vacant. Council would then have 60 days to choose between a byelection or an appointment. The byelection would be a mere 45 days — much shorter than the nearly year-long campaign that preceded Ford’s October 2010 victory — but would still cost taxpayers $7 million.

So what will they do? My guess, and it is a guess, is they will avoid an election. That way Council will choose who they want and can claim to…

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