Even “the wastes” of nature are never wasted, and never a waste. Time spent among chandeliers and caviar may be a waste; time spent chasing money or seeking status may be a waste; devoting one’s precious, short life to the accumulation of material things may be a waste; but it is never a waste of […]
“Twenty years ago, the North American Free Trade Agreement (NAFTA) was signed into law. At the time, advocates painted a rosy picture of booming U.S. exports creating hundreds of thousands of new jobs, and economic development in Mexico, which would bring the struggling country in line with its wealthier northern neighbors. Two decades later, those […]
Bitcoin is going nowhere. I promise you that it won’t and I’m positive that I won’t be eating my words at a later date.
I’m going to tell you why: 1) Drugs and 2) Coffee:….
2012 was a strong year for TD, despite ongoing economic challenges and market volatility. Our total adjusted earnings were more than $7 billion dollars — up more than $600 million, or about 10 per cent, from 2011.
-Colleen Johnston, Group Head and Chief Financial Officer, TD Bank Group
Through a generous contribution of $350,000, TD Bank Group is helping Aboriginal students at the University of Regina realize their educational potential.
$350,000 / $7,000,000,000 = 0.005%
Thank-you to TD Bank, generously sharing the wealth of their outstanding profits from oil and gas.
The TD Bank Group gift will be divided (Read more…)
I want to look at a few things Russell Brand has to say – in print and on video (quotations below are from both). As Elizabeth Renzetti said in yesterday’s Globe & Mail, he’s resonating with people. But, as she also suggests, he’s not going far enough clearly enough for others to follow. It reminds me of the Canadian film The Trotsky in which a young rebel tries to encourage a student protest. (*spoiler alert*) In the end, they all decide that he hasn’t really thought it through all the way, but who cares? It’s clear we so desperately need (Read more…)
I’m not sure what to make of the hoopla going on in the US right now. I’m inclined to think it’s all just political theatre, as Gerald Celente calls it, designed to distract the people from the real issues – the central one being, who controls the government and the nation? Wall Street, the big […]
There is a deeper reason for the war on drugs, which is the central reason for the policy, even outweighing profits from private prisons and seizure of property by law enforcement officers, both of which no doubt are also significant and strong motivations for keeping the “war on drugs” going. Nearly thirty years ago, Chomsky […]
Ask Wild” Willie Seeley of Manahawkin, New Jersey. He is a lotto winner. He wants his life back.
Willie Seeley poses for a photo outside his home in Manahawkin, N.J., on Sept. 20, with the new GMC pick-up truck he bought with winnings from a Powerball jackpot he shared in August.
“Wild” Willie Seeley of Manahawkin, New Jersey, has one piece of advice for the winner of last week’s $400 million Powerball pot in South Carolina: Run. “Just disappear,” he said, speaking from hard-won experience. “Get lost while you still can.”
Read more here.
He should walk in front of the Parliament with a sign: “I am a thief I stole money from the taxpayers.”
GiveDirectly is a charity that just gives money to poor people in Kenya. There isn’t anything complicated about the idea: it’s just straight up handing out cash with no deliverables. The NPR recently investigated the operation.
Planet Money reporters David Kestenbaum and Jacob Goldstein went to Kenya to see the work of a charity called GiveDirectly in action. Instead of funding schools or wells or livestock, GiveDirectly has decided to just give money directly to the poor people who need it, and let them decide how to spend it. David and Jacob explain whether this method of charity works, and (Read more…)
“People who shut their eyes to reality simply invite their own destruction, and anyone who insists on remaining in a state of innocence long after that innocence is dead turns himself into a monster.” - James Baldwin
Thus begins Chris Hedges‘ Empire of Illusion: The End of Literacy and the Triumph of Spectacle, a collection of five independent parts that lead to the same place. We’re in denial – thick and deadly. It’s similar to Jane Jacobs‘ Dark Age Ahead, but I can’t, for the life of me, find my heavily annotated copy of the (Read more…)
So, the argument goes something like this: If you raise minimum wage, corporations will pay for that cost by raising prices, thereby increasing inflation, and we’ll all be poorer for it as everything gets more expensive. The problem isn’t wages, but inflation. Therefore, we should not increase minimum wage.
It follows, that it’s necessary that some people work full time yet live well below the poverty line because otherwise, if we raise their wages, they’ll end up even poorer because everything will costs so much more – right? So, we’re actually helping people by maintaining a lower wage for them (Read more…)
By request – how well does using solar panels work?
Well, it’s hard to say.
I covered my roof with panels under the Ontario MicroFIT (Feed-in Tariff) program that ends next year. So far I think it’s only in Ontario, but some other provinces are thinking about it. The power I generate from the panels goes directly back to the grid, and I’m paid about 55 cents a kWh and will continue to be for the duration of my 20 year contract. So far this summer, even with all the rain, it translates to about $300-400/month. So the cost of (Read more…)
Forget everything you’ve been told about economics, and learn about the “externalities” our entire economy ignores. Canadian geneticist and climate hero Dr David Suzuki explains the fallacy of conventional economics, in an interview done for the BBC. Posted by Sustainable Man: * David Suzuki.org New Economics Foundation
I am disappointed by Harper’s Cabinet shuffle. I thought new finance minister will be Mike Duffy. He knows all about money.
It’s no secret that money rules our lives.
I think what we’re now seeing is really the final and most ruthless stage of the integration of art and creativity into the capitalist market or, in other words, the final stages of art’s subordination to money.
But I think that almost all other ways of justifying art’s value are crumbling. When art was an elite commodity, say in the 19th century, artists and arts advocates used to be able to express art’s value in terms of some sort of transcendent humanism: art was the key to enlightenment, to compassion and sympathy, (Read more…)
This week’s TED Talk features Adam Baker, founder of ManVsDebt, a blog which focuses on a simple message: The first step to living a life of passion and purpose is to remove the barriers that hold you back. It sounds like good advice to me! * ManVsDebt.com
“I do think heat has something to do with activating the smell. … Scratching will create some heat friction but my friend’s warm butt is likely the activator.”
I enjoyed this story about supposedly scented C-notes. It doesn’t surprise me that warm polymer would have a sugary scent. The added imagery on the bills, and the psychological effect is strong enough to fool people.
In this TED Talk Dan Ariely presents his research into what motivates people to do work and how they feel about their workplace. The findings are interesting because it’s not necessarily what people do but the reactions to what has been done that provides motivation.
$3.1 Billion is missing according to a damning audit of the Harper Government. Let’s see what political pundits recently have said about audit failure:
Federal government audit ‘severely critical’
- The Star headline
“The independent audit [...] speaks for itself, and we accept its conclusions and recommendations,” said Jan O’Driscoll, spokesperson for the Minister. [The auditor] called the lack of records “inappropriate for any recipient of public funds.”
- The Star
“I cannot in my lifetime recall such a devastating audit. [...] A stunning indictment.”
- Ian Lee of the Sprott School of Business
“It (Read more…)
Have you ever heard of the island of Saipan? It is an American territory in the pacific, where I had never heard of it until an email arrived from Walt Goodridge, who offered me two ebooks to review. One tells the story of a Chinese woman working in textile factories in Saipan. The other is a children’s book about a Philippine boy who wishes to be reunited with his father who works in Saipan.The books are great books. The children’s book, by Bonnie Riza Ramos, is called The Boy Who Dreamed to be With His Parents on Saipan and it captures both happiness and sadness. The boy has what he calls a long-distance family, and he dreams of being reunited with his father who works in Saipan. Yet this goal takes his mother away from him too for a while in order to obtain the training and work experience for the job she wants in Saipan . . . → Read More: Another Step to Take: the complicated problem of sweatshops
Have you ever heard of the island of Saipan? It is an American territory in the pacific, which as a Canadian I had never heard of it until an email arrived from Walt Goodridge, who offered me two ebooks to review. One tells the story of a Chinese woman working in textile factories in Saipan. The other is a children’s book about a Philippine boy who wishes to be reunited with his father who works in Saipan.The books are great books. The children’s book, by Bonnie Riza Ramos, is called The Boy Who Dreamed to be With His Parents on Saipan and it captures
. . . → Read More: Christy’s Houseful of Chaos politics » Christy’s Houseful of Chaos: the complicated problem of sweatshops
If Justin Trudeau was more concerned about winning the Liberal leadership than winning the next election, not only would his party have more registered supporters, but 2015 would almost certainly look more rouge.
It may seem counter-intuitive to blame the ever-popular Justin Trudeau for the Liberal Party’s lower than expected supporter registration numbers, after all his campaign was so successful in signing them up, but in resting on his laurels and saving funds for the next election, Trudeau is exactly the person to blame.
The current problem for the Liberals is that of the almost 300,000 Canadians who signed up
. . . → Read More: The Scott Ross: Liberals Should Blame Trudeau For Few Supporters