Category: economics

corruption disaster capitalism economics financial crisis Fraud Politics The Corporation US economy
March 26, 2009

The Big Takeover

I’ve been saying/thinking this for a bit, and I feel a little relief to see someone more ‘mainstream’ voice concerns about the level and intent of bailouts, the intended recipients and the ultimate point of capitalism. Yes, we’re at that moment where it’s now time to wonder if we’re entering a game-changing period era (not month, year or couple of days like the Cons might […]

economics financial crisis interflation US economy
March 24, 2009

UN Recommends World Should Ditch Dollar

It’s about time:  folks at the UN are recommending that the world ditch the US dollar in favour of a shared reserve currency. Original Reuters story here . For years (arguably, decades), the US has dominated the world economic scene because they’ve been very effective in having everything trade in US dollars, including commodities, treasuries and other securities. The commodity shock that the world felt […]

canadian election DHS economics financial crisis Food/diet shock tax issues
March 15, 2009

$3 Billion Reasons to Beware

In addition to the tens of billions waiting in the wings, the Conservative government seems to be obsessed with getting Parliamentary approval on a $3 billion slush fund that’s been set up as an ‘instant’ response to Canada’s dire economic situation. I’m going to start this blog by making a prediction. I predict that the Conservative government with Stephen Harper at the helm does not […]

Canada economics The Corporation US economy
February 14, 2009

Stop the Bleeding, Cut the Defense Budget

The Harper Administration has made a commitment to spend more than $500 billion (BILLION) over the next ten years on the Department of Defense. Because most of this expense will be on non-Canadian companies and companies in the US and elsewhere that are committed to one thing – eternal strife – we need to seriously re-evaluate this expenditure. And when we do, the rewards will […]