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The Cracked Crystal Ball II: On Recession Economies

So, today the Bank of Canada lowered its prime lending rate to 0.5%.  Supposedly, this signals that Canada is sliding into a recession.

Those of us who have been watching have long ago figured out that the minute the bubble burst on oil prices, Canada was going to slide into a recession.  Arguably, if . . . → Read More: The Cracked Crystal Ball II: On Recession Economies

The Cracked Crystal Ball II: On Recession Economies

So, today the Bank of Canada lowered its prime lending rate to 0.5%.  Supposedly, this signals that Canada is sliding into a recession. Those of us who have been watching have long ago figured out that the minute the bubble burst on oil prices, Ca… . . . → Read More: The Cracked Crystal Ball II: On Recession Economies

Bill Longstaff: Read my lips—it doesn’t trickle down

It has been the heart and soul of capitalist market economics since day one—the ultimate justification for an unfair society. If we ensure that the rich get richer, the benefits will trickle down through the economy benefiting all. According to a new and exhaustive study released by the International Monetary Fund (IMF), if this was . . . → Read More: Bill Longstaff: Read my lips—it doesn’t trickle down

Northern Reflections: Exposing The Lie

                                                   http://thisfragiletent.com/

The Big Lie of the last forty-five years has been Trickle Down Economics. The Great Depression exposed it as a Big Lie. But people have short memories and  — at least until recently — they’ve bought the lie for a second time. The OECD, however, has exposed the trickle down lie . . . → Read More: Northern Reflections: Exposing The Lie

Parchment in the Fire: Revealed: how the wealth gap holds back economic growth | Business | The Guardian

Revealed: how the wealth gap holds back economic growth | Business | The Guardian.

The west’s leading economic thinktank on Tuesday dismissed the concept of trickle-down economics as it found that the UK economy would have been more than 20% bigger had the gap between rich and poor not widened since the 1980s.

Publishing its . . . → Read More: Parchment in the Fire: Revealed: how the wealth gap holds back economic growth | Business | The Guardian

Cowichan Conversations: Pope Francis rips capitalism and trickle-down economics to shreds in new policy statement

Richard Hughes-Political Blogger

It is amazing to watch and listen the new Pope Francis actually tell the truth and shame the devil. He has seized the hot button issues like homosexuality, gay marriage, and now he is laying it down in the clearest terms to the ahem, God fearing capitalists.

Pope Francis, it . . . → Read More: Cowichan Conversations: Pope Francis rips capitalism and trickle-down economics to shreds in new policy statement

The Ranting Canadian: Faces of Evil This one isn’t a music video; it is chilling…

Faces of Evil

This one isn’t a music video; it is chilling old footage of Margaret Thatcher having afternoon tea with her close personal friend and political ally Augusto Pinochet, the murderous quasi-fascist dictator of Chile who overthrew a democratically elected government in a bloody coup.

Thatcher was an evil, evil, dirty politician, . . . → Read More: The Ranting Canadian: Faces of Evil
This one isn’t a music video; it is chilling…

The Ranting Canadian: In grade 9 or 10 French class, we had an assignment to write a…

In grade 9 or 10 French class, we had an assignment to write a page of text in French and accompany it with some graphics. I chose to write about the French Revolution, and for the picture, I cut out magazine photos of Margaret Thatcher, Ronald Reagan and Brian Mulroney and used them to . . . → Read More: The Ranting Canadian: In grade 9 or 10 French class, we had an assignment to write a…