Archive for January, 2009

Flaherty Digs Himself a Deep, Dark Hole

Published by under Economics

By: Terence Corcoran: Give Jim Flaherty high marks for rhetorical restraint: The words “shovel” and “ready” do not make it into the Finance Minister’s budget speech and appear only once in his massive 360-page budget plan. That’s where restraint ends, however. Otherwise, there’s a shovel on almost every page. Within weeks, all Canadian taxpayers can […]

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The Pig and the Bear

Published by under Economics

Almost 20 years ago, I found the following story, as I recall, in one of those kid entertainment booklets at a McDonalds. I have always loved it, but think I have only just begun to understand why. The Pig and the Bear decided to go into business. “We’ll make lots of money!” they thought. The […]

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Simple Questions For a Complex Situation

Published by under External Affairs

Posted: January 22, 2009 by NP Editor Full Comment. Irwin Cotler The Israeli-Hamas conflict, with its evocative images of human suffering, has engaged the hearts and minds of people the world over. Indeed, the death of any innocent — Israeli or Palestinian — is a tragedy, and no one can fail to be moved by […]

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Free The Markets

Published by under Economics

By Vaclav Klaus, from the Financial Times as printed in the Financial Post, 01/09/09. It is a common feeling that the Czech Republic is taking over the European Union presidency at a rather complicated moment, even though almost all “moments” can eventually be called “complicated”. We should not panic and must say “No” to people […]

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Dear Employees & Suppliers

Published by under Economics

Congress and the current Administration will soon determine whether to provide immediate support to the domestic auto industry to help it through one of the most difficult economic times in our nation’s history. Your elected officials must hear from all of us now on why this support is critical to our continuing the progress we […]

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E-mail to J. Prentice, Minister of Environment

Published by under Global Warming

January 3, 2009. We are about 10 years into a 30 to 40 year warming phase, and are about 160 years into …. a 500 to 700 year “little warm age”, and are about 20,000 years into and near the peak of …. the latest of the interglacial periods which have been alternating with glacial […]

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The Bureaucrats vs. Bankers’ Tag Team Match

Published by under Economics

Just like on the good old WWE grunt ’n groan Battles Royale of good vs. evil on TV Wrestling, we’ve got a knock down drag out tussle over our Canadian banks’ lending practices, at this time of financial stress and market illiquidity. It seems that the Canadian banks are not following the government’s script of […]

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Why Governments Can’t Stop Market Crashes

Published by under Economics

NEIL REYNOLDS Globe and Mail Update January 7, 2009 at 6:00 AM EST Vernon Smith, the American economist who won a Nobel Prize in 2002 for his laboratory scrutiny of abstract economic theory, demonstrated that you can’t end market crashes by imposing more government regulations. Born to a poor Kansas farm family on Jan. 1, […]

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