Category: economics

January 4, 2009

Don’t fix the economy: Change it

This story from the Toronto Star was inspirational in that the real story – change – is making it to mainstream media. Here are some highlights: Neither the Conservative minority nor the opposition has proposed anything that will set Canada on a long-term path toward the kind of economy that will both provide for the well-being of Canadians and enhance and preserve the ecological community […]

January 4, 2009

Iceland: More from the economic ‘canary in the coalmine’

A couple of days ago, the traditional meeting of Iceland’s prime minister and other leaders was interrupted by protesters to the point where the PM cancelled the annual review on TV. Full AP story here . For me, Iceland feels like it’s the economic canary in a coalmine.  They have experienced a crushing economic defeat and will likely have to cave to a broad range […]

January 4, 2009

The Green Shift was the right thing to do

According to James Hensen of NASA, a ‘green shift’ was the right thing for Canadians to do. This article reminds us that we blew an opportunity to institute a new system for penalizing polluters.  Instead, we blew it because some of us were wooed by a blue sweater vest and the rest of us were too busy bickering amongst ourselves to get a majority for […]

January 4, 2009

US in Depression

The Economist magazine has diagnosed that the US economy is in a depression , not a recession. While the throngs of journalists, publicists, politicians and other folks are loathe to confess that North America has entered the greatest recession on record, I commend the Economist for having the balls to finally show it like it is, even if they’re still very indirect about it. Now […]

December 28, 2008

CBC To Be Cut By $200 Million?

We know the Harpercrites hate the public and we know they hate public broadcasting even more.  Maybe it was Peter Mansbridge and his ‘daring’ questioning of our repugnant leader just a few weeks ago. "Is a coalition really such a bad thing?" "Die Peter, Die".  (Could it be that he really meant to say "The Peter, The"?). Anyways, this broadcast spells out that the CBC […]