Archive for February, 2009

Making The Worst Of It

Published by under Economics

By Kevin Libin National Post February 7, 2009. By the time President Franklin Delano Roosevelt addressed his nation in his first radio fireside chat one March evening in 1933, America’s banking system was on the brink of collapse. A fifth of the country’s financial institutions were out of business. Citizens, nervous about losing their savings, […]

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More Davos ‘Globaloney’

Published by under Economics

By Peter Foster National Post, January 29, 2009. 7:03 PM The typically pretentious theme of this year’s World Economic Forum in Davos is “Shaping the Post-Crisis World.” But didn’t Davos shape the pre-crisis world, and thus the crisis itself? The annual Alpine gabfest has long been the epicentre of ‘globaloney,’ a mixture of serious discussion, […]

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Global Dimming of the Sun

Published by under Global Warming

Just saw a fascinating documentary on Nova (Tuesday evening is the best night for TV – Nova and then, typically, Front Line). Here is what I learned: Global Dimming of the Sun is created by particulate matter in the atmosphere creating conditions that reflect sun energy back into space resulting in a cooling effect on […]

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American Prescription an Overdose in Canada

Published by under Economics

Jan 24, 2009 04:30 AM David Olive Toronto Star Business Columnist As with all fads, we should be wary of the deficit chic that has turned the heads of even the most resolute deficit hawks. It will prompt the federal finance minister, Jim Flaherty, in his “stimulus” budget Tuesday to put Canada on the road […]

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