Monday, June 12, 2017

The Democrats One Sided Political Resistance or Treasonous Affair?


The politically bias liberal mainstream media throughout North America has seen fit not to set off any alarm bells in their endless undemocratic; endless and indeed close to treasonous acts against the duly elected President of the USA and his administration.

The lawless actions of burning police cars, smashing store windows, damaging private and public property by masked malcontent anarchist protesters who blatantly ignored our civil laws and commit criminal acts against mankind, peace and the planet in the name of political resistance that they fictitiously claim to represent, go unchallenged?

When will there be a truly independent public inquiry centered on the actions of these masked protesters and anti social elements, illegal leakers of national security for political reasons through unnamed sources in a very treasonous meaner be brought before the courts as opposed to kakuro political hearings?  

Hundreds of acts of lawlessness of looting, burning and destruction of private and public property by masked protesters continually rebuffing the civil rights of others in the name of political resistance and free speech and then who later demand safe spaces from their own political rampage against the civil rights of non-protesting and law-abiding citizens who had the common sense to actually vote in the last elections go unchallenged by our so called elected representatives of the people?

Why have no masked protesters, along with protest leaders from union groups, student groups and their financial backers who play a command role of lawlessness and criminal leadership of the protesters, been convicted or continually and loudly denounced daily by the media and the people's elected representatives and by our elected judges?

When will these representatives of the voters stand up against such deniers of democracy and laws and order be unmasked along with their financiers and political parties and be held accountable and liable for their civil disgraces treasonous crimes against democratic civil societies and mankind?

When will our politicians, judges and the courts be prepared to take on such lawlessness and criminal activities of masked protesters and others who hide behind the free speech mantra of speech for them only with a degree of seriousness or step down and hand over the reins of power to elected representative of the public who can?

Who are the wire pullers, politicians, bureaucrats, political parties, financiers and judges that are continually allowing our justice system to be so blindly biased and unbalanced?

Why have no alarm bells sounded or is it purely a one sided political treasonous affair by insider democrat bureaucrats and technocrats party losers?


Sunday, June 4, 2017

Paris Agreement Exposed as Worthless Words and a Fraud & Fake.





Those words not stated by Donald Trump but rather by James Hansen.

For those who do not know who James Hansen well he was the NASA scientist and father of the theory of manmade global warming! So, you see let’s not blame the Donald President of USA and non-career politician for having the political courage to call out the Paris accord for the SHAM it is.

Let all these self-serving chicken little environmental activist tree huggers; Hollywood celebrity wannabe elites; the American Civil Liberties Union; the Scientific American propaganda magazine along with the former President B.O., who himself argued that the Paris accord must remain a non-binding agreement because Obama at the time could not get it through his own Democratic Controlled Senate, come up with the one off and then annual $3 BILLION DOLLARS for the Green Climate Fund as opposed to fraudulently extracting such contributions from American workers, corporations and consumer products.

As reported and written by Lorrie Goldstein; Anthony Furey and Lorne Gunter the Paris accord, deal, agreement and scam was nothing more than a financial gain and economic advantage from and over the United States, Canada, the EU and other governments and their citizens for the governments of China, India and other countries.

President Trump decided on behalf of all legal citizens that once and for all the “United States of America would no longer be playing the role of a sugar daddy” for the world's Green Climate Fund (GFC). 

The GFC and Paris accords both of which are based on a similar claim made by Al Capone that he could make a meagre middle-class income while pocketing millions annually from bootleg liquor through creative accounting!

The Paris accord and green schemes including the GFC are rackets based on “Control versus Freedom. Compulsion versus voluntarism.”




Saturday, December 24, 2016

Amazing Letter from a US Citizen 2016

November 8 and its aftermath revealed to me that I am just so tired of these democrats and their candlelight vigils against the evil Trump Administration, harassing our electoral college voters and their undisguised contempt for tens of millions of Americans, with no effort to temper their response to the election with humility or empathy.
I can’t be like them, and I don’t want my kids turning into them.
I am tired of their unexamined snobbery and condescension.
I am tired of their name-calling and virtue-signaling as signs of supposedly high intelligence.
I am tired of their trendiness, jumping on every left-liberal bandwagon that comes along (transgender activism, anyone?) and then acting like anyone not on board is an idiot/hater.
I am tired of their shallowness. It’s hard to have a deep conversation with people who are obsessed with moving their kids’ pawns across the board (grades, sports, college, grad school, career) and, in their spare time, entertaining themselves and taking great vacations.
I am tired of their acceptance of vulgarity and sarcastic irreverence as the cultural ocean in which their kids swim. I like pop culture as much as the next person, but people who would never raise their kids on junk food seem to think nothing of letting then wallow in cultural junk, exposed to nothing ennobling, aspirational, or even earnest.
I am tired of watching them raise clueless kids (see above) who go off to college and within months are convinced they live in a rapey, racist patriarchy; “Make America Great Again” is hate speech; and Black Lives Matter agitators are their brothers-in-arms against White Privilege. If my kids are like that at nineteen, I’ll feel I’ve seriously failed them as a parent. Yet the general sentiment seems to be these are good, liberal kids who may have gotten a bit carried away.
I am tired of their lack of interest in any form of serious morality or self-betterment. These are decent, responsible people, many compassionate by temperament. Yet they seem two-dimensional, as if they believe that being a nice, well-socialized person who holds liberal political views is all there is, and there is nothing else to talk about. But there is!
I am tired of being bored and exasperated by everybody. I feel like I have read this book a thousand times, and there are no surprises in it. Down with Trump! Trans Lives Matter! Climate deniers are destroying the planet! No cake, we’re gluten-free!
These are good people in a lot of ways. But there has got to be a better way.

Last Sunday’s sermon mentioned 1 Peter:18-19, “For you know that it was not with perishable things such as silver or gold that you were redeemed from the empty way of life handed down to you from your ancestors.” 
This may be obvious to you, but secular liberalism does seem empty in some way, despite all the things my educated, middle-class liberals should be grateful for.
If that’s what’s been handed down to me, I want more, especially for my precious kids. I’m trying.
Author Unknown

Friday, October 21, 2016

Collapse of EU Monetary Union Unavoidable


The Euro is simply a house of cards waiting to collapse, IMHO along with that of Professor Otmar Issing, the ECB's first chief economist as stated in the following article by Ambrose Evans-Pritchard.

The European Central Bank is becoming dangerously over-extended and the whole euro project is unworkable in its current form, the founding architect of the monetary union has warned.

"One day, the house of cards will collapse,” said Professor Otmar Issing, the ECB's first chief economist and a towering figure in the construction of the single currency.

Prof Issing said the euro has been betrayed by politics, lamenting that the experiment went wrong from the beginning and has since degenerated into a fiscal free-for-all that once again masks the festering pathologies. And he is factually correct.

“Realistically, it will be a case of muddling through, struggling from one crisis to the next. It is difficult to forecast how long this will continue for, but it cannot go on endlessly," he told the journal Central Banking in a remarkable deconstruction of the project.

The comments are a reminder that the Eurozone has not overcome its structural incoherence. A beguiling combination of cheap oil, a cheap euro, quantitative easing and less fiscal austerity have disguised this, but the short-term effects are already fading.

The regime is almost certain to be tested again in the next global downturn, this time starting with higher levels of debt and unemployment, and greater political fatigue.

Prof Issing lambasted the European Commission as a creature of political forces that has given up trying to enforce the rules in any meaningful way. "The moral hazard is overwhelming," he said.  

The European Central Bank is on a "slippery slope" and has in his view fatally compromised the system by bailing out bankrupt states in palpable violation of the treaties.

"The Stability and Growth Pact has more or less failed. Market discipline is done away with by ECB interventions. So there is no fiscal control mechanism from markets or politics. This has all the elements to bring disaster for monetary union.

"The no bailout clause is violated every day," he said, dismissing the European Court's approval for bailout measures as simple-minded and ideological.

The ECB has "crossed the Rubicon" and is now in an untenable position, trying to reconcile conflicting roles as banking regulator, Troika enforcer in rescue missions and agent of monetary policy. Its own financial integrity is increasingly in jeopardy.

The central bank already holds over €1 trillion of bonds bought at "artificially low" or negative yields, implying huge paper losses once interest rates rise again. "An exit from the QE policy is more and more difficult, as the consequences potentially could be disastrous," he said.

"The decline in the quality of eligible collateral is a grave problem. The ECB is now buying corporate bonds that are close to junk, and the haircuts can barely deal with a one-notch credit downgrade. The reputational risk of such actions by a central bank would have been unthinkable in the past," he said.

Cloaking it all is obfuscation, political mendacity and endemic denial.  Leaders of the heavily indebted states have misled their voters with soothing bromides, falsely suggesting that some form of fiscal union or debt mutualisation is just around the corner.

Yet there is no chance of political union or the creation of an EU treasury in the foreseeable future, which would in any case require a sweeping change to the German constitution - an impossible proposition in the current political climate. 

The European project must therefore function as a union of sovereign states, or fail.

Prof Issing slammed the first Greek rescue in 2010 as little more than a bailout for German and French banks, insisting that it would have been far better to eject Greece from the euro as a salutary lesson for all. The Greeks should have been offered generous support, but only after it had restored exchange rate viability by returning to the drachma.

His critique will exasperate those at the ECB and the International Monetary Fund who inherited the crisis, and had to deal with a fast-moving and terrifying situation.

The fear was a chain-reaction reaching Spain and Italy, detonating an uncontrollable financial collapse. This nearly happened on two occasions, and remained a risk until Berlin switched tack and agreed to let the ECB shore up the Spanish and Italian debt markets in 2012.

Many would say the crisis mushroomed precisely because the ECB was unable to act as a lender-of-last resort. Prof Issing and others from the Bundesbank were chiefly responsible for this design flaw.

Jacques Delors, the euro's "political" founding father, issued his own candid post-mortem last month on the failings of EMU but disagrees starkly with Prof Issing about the nature of the problem.

His foundation calls for a supranational economic government with debt pooling and an EU treasury, as well as expansionary policies to break out of the "vicious circle" and prevent a second Lost Decade.

"It is essential and urgent: at some point in the future, Europe will be hit by a new economic crisis. We do not know whether this will be in six weeks, six months or six years. But in its current set-up the euro is unlikely to survive that coming crisis," said the Delors report.

Prof Issing is not a German nationalist. He is open to the idea of a genuine United States of Europe built on proper foundations, but has warned repeatedly against trying to force the pace of integration, or to achieve federalism "by the back door".

He decries the latest EU plan for a "fiscal entity" in the Five Presidents' Report, fearing that such move would lead to a rogue plenipotentiary with unbridled powers over sensitive issues of national life, beyond democratic accountability.

Such a system would erode the budgetary sovereignty of the member states and violate the principle of no taxation without representation, forgetting the lessons of the English Civil War and the American Revolution.

Prof Issing said the venture began to go off the rails immediately, though the structural damage was disguised by the financial boom. "There was no speed-up of convergence after 1999 – rather, the opposite. From day one, quite a number of countries started working in the wrong direction."

A string of states let rip with wage rises, brushing aside warnings that this would prove fatal in an irrevocable currency union. "During the first eight years, unit labour costs in Portugal rose by 30pc versus Germany. In the past, the escudo would have devalued by 30pc, and things more or less would be back to where they were."

"Quite a few countries – including Ireland, Italy and Greece – behaved as though they could still devalue their currencies," he said.

The elemental problem is that once a high-debt state has lost 30pc in competitiveness within a fixed exchange system, it is almost impossible to claw back the ground in the sort of deflationary world we face today.

It has become a trap. The whole Eurozone structure has acquired a contractionary bias. The deflation is now self-fulling. 

Prof Issing's purist German ideology has no compelling answer to this.

Source @http://www.telegraph.co.uk/business/2016/10/16/euro-house-of-cards-to-collapse-warns-ecb-prophet/

Saturday, October 15, 2016

Should Christians Vote for Trump?

Trump’s behavior is odious, but Clinton has a deplorable basketful of deal breakers, by ERIC METAXAS.   
This question should hardly require an essay, but let’s face it: We’re living in strange times. America is in trouble.
Over this past year many of Donald Trump’s comments have made me almost literally hopping mad. The hot-mic comments from 2005 are especially horrifying. Can there be any question we should denounce them with flailing arms and screeching volume? I must not hang out in the right locker rooms, because if anyone I know said such things I might assault him physically (and repent later). So yes, many see these comments as a deal breaker.
But we have a very knotty and larger problem. What if the other candidate also has deal breakers? Even a whole deplorable basketful? Suddenly things become horribly awkward. Would God want me simply not to vote? Is that a serious option?
What if not pulling the lever for Mr. Trump effectively means electing someone who has actively enabled sexual predation in her husband before—and while—he was president? Won’t God hold me responsible for that? What if she defended a man who raped a 12-year-old and in recalling the case laughed about getting away with it? Will I be excused from letting this person become president? What if she used her position as secretary of state to funnel hundreds of millions into her own foundation, much of it from nations that treat women and gay people worse than dogs? Since these things are true, can I escape responsibility for them by simply not voting?
Many say they won’t vote because choosing the lesser of two evils is still choosing evil. But this is sophistry. Neither candidate is pure evil. They are human beings. We cannot escape the uncomfortable obligation to soberly choose between them. Not voting—or voting for a third candidate who cannot win—is a rationalization designed more than anything to assuage our consciences. Yet people in America and abroad depend on voters to make this very difficult choice.
Children in the Middle East are forced to watch their fathers drowned in cages by ISIS. Kids in inner-city America are condemned to lives of poverty, hopelessness and increasing violence. Shall we sit on our hands and simply trust “the least of these” to God, as though that were our only option? Don’t we have an obligation to them?
Two heroes about whom I’ve written faced similar difficulties. William Wilberforce, who ended the slave trade in the British Empire, often worked with other parliamentarians he knew to be vile and immoral in their personal lives.
Why did he? First, because as a sincere Christian he knew he must extend grace and forgiveness to others, since he desperately needed them himself. Second, because he knew the main issue was not his moral purity, nor the moral impurity of his colleagues, but rather the injustices and horrors suffered by the African slaves whose cause he championed. He knew that before God his first obligation was to them, and he must do what he could to help them.
The anti-Nazi martyr Dietrich Bonhoeffer also did things most Christians of his day were disgusted by. He most infamously joined a plot to kill the head of his government. He was horrified by it, but he did it nonetheless because he knew that to stay “morally pure” would allow the murder of millions to continue. Doing nothing or merely “praying” was not an option. He understood that God was merciful, and that even if his actions were wrong, God saw his heart and could forgive him. But he knew he must act.
Wilberforce and Bonhoeffer knew it was an audience of One to whom they would ultimately answer. And He asks, “What did you do to the least of these?”
It’s a fact that if Hillary Clinton is elected, the country’s chance to have a Supreme Court that values the Constitution—and the genuine liberty and self-government for which millions have died—is gone. Not for four years, or eight, but forever. Many say Mr. Trump can’t be trusted to deliver on this score, but Mrs. Clinton certainly can be trusted in the opposite direction. For our kids and grandkids, are we not obliged to take our best shot at this? Shall we sit on our hands and refuse to choose?                                                                                                                                                                                                                     
If imperiously flouting the rules by having a private server endangered American lives and secrets and may lead to more deaths, if she cynically deleted thousands of emails, and if her foreign-policy judgment led to the rise of Islamic State, won’t refusing to vote make me responsible for those suffering as a result of these things? How do I squirm out of this horrific conundrum? It’s unavoidable: We who can vote must answer to God for these people, whom He loves. We are indeed our brothers’ and sisters’ keepers.

We would be responsible for passively electing someone who champions the abomination of partial-birth abortion, someone who is celebrated by an organization that sells baby parts. We already live in a country where judges force bakers, florists and photographers to violate their consciences and faith—and Mrs. Clinton has zealously ratified this. If we believe this ends with bakers and photographers, we are horribly mistaken. No matter your faith or lack of faith, this statist view of America will dramatically affect you and your children.

For many of us, this is very painful, pulling the lever for someone many think odious. But please consider this: A vote for Donald Trump is not necessarily a vote for Donald Trump himself. It is a vote for those who will be affected by the results of this election. Not to vote is to vote. God will not hold us guiltless.
Mr. Metaxas, host of the nationally syndicated “Eric Metaxas Show,” is the author of “If You Can Keep It: The Forgotten Promise of American Liberty” (Viking, 2016).

Sunday, September 25, 2016

Decentralization Is Key to Canada's Health Care Reform

Despite high levels of public spending, Canada’s health-care system consistently performs more poorly than a number of peer jurisdictions with universal health-care systems. 

Governments across the country must address this policy challenge in a context of constrained resources, as the federal government and a number of provinces currently face increasing debt loads and other significant fiscal challenges. 

During the 1990's, the federal government transformed its approach to providing financial assistance to the provinces to support their welfare and social assistance programs. Specifically, the federal government reduced transfers to the provinces but, in exchange, removed a number of “strings” previously attached to federal funding that prohibited certain types of policy reform. 

For example, the provinces were permitted to create work requirements for receipt of welfare payments, which previously would have triggered the withholding of federal transfers. The reform of federal transfers to the provinces led immediately to a wave of policy innovation and reform at the provincial level, as governments across the country pursued various policy paths designed to improve their welfare programs, create solutions that actually addressed local problems, and reduce program costs. 

Many of these reforms had the intended effects, as there was a marked decline in welfare dependency and government spending on public assistance in subsequent years. However, no similar wave of policy innovation occurred following the 1990's transfer reforms in Canadian health care. This is largely because the government maintained the various “strings” that were attached to health spending transfers and, specifically, the terms and conditions of the Canada Health Act. 

As a result, health-care policy in the Canadian provinces has since the 1990's generally been largely characterized by policy inertia while spending on health care has increased considerably. 

Canada’s experience with welfare reform provides a model with important implications for how to begin reforming and improving Canadian health care. By reducing transfers in real terms while amending specific provisions of the Canada Health Act that inhibit reform, the federal government can partially address the fiscal challenges it faces today while providing provinces with the freedom to innovate and pursue policy reforms to improve their health-care systems. 

Such changes would allow for greater experimentation by each province as they seek out what policy arrangements have the best possibility of improving health-care performance. 

For instance, provinces would be well served to examine the introduction of cost-sharing arrangements (co-insurance, deductibles, and co-payments) used in most other universal health-care countries to ensure more efficient use of the health-care system by patients. 

Provinces might also look at removing regulations that currently prevent a greater supply of needed health-care professionals and investment within the health-care sector. 

It is uncertain exactly what reforms different provinces would choose and the paper does not weigh the advantages and risks of specific reform options in detail. Instead, based on Canada’s experience with welfare reform, this paper recommends a crucial change, the devolvement of decision-making powers to the provinces, with the federal government permitting each province maximum flexibility (within a portable and universal system) to provide and regulate health-care provision as they see fit.


Read full article by by Ben Eisen, Bacchus Barua, Jason Clemens, and Steve Lafleur  @ https://www.fraserinstitute.org/sites/default/files/devolvement-initiative-post.pdf

Friday, September 23, 2016

Greater economic growth requires Productivity NOT political deficit financed public spending



As fall approaches, all levels of government will begin preparing their budgets. Expect the usual grandstanding by special interest groups seeking new spending and tax cuts. The one not at the table will be the Future Taxpayer who will be stuck with any debt piled up by today’s deficit-happy politicians. Our existing deficits already total three per cent of GDP for all levels of government.
Actually, more than public deficits are being called for. Politicians want to expand government in the belief that the biggest economic bang is through public spending. What’s not getting a big push are tax cuts, which can be quick to implement and create better incentives for the investment, work effort and risk-taking needed for growth.
I have been warning for some time of a coming Canadian debt bomb. All government debt is now over 110 per cent of GDP compared to 90 per cent in 2007 (although below a peak of 135 per cent in 1995). Household debt now exceeds GDP. Corporate indebtedness has been climbing since 2011.
Governments are fooling themselves that Canada has substantially more room for more debt by looking only at “net debt” figures. These underestimate the size of our debt bomb since pension assets (CPP, QPP and employee pensions) are subtracted from debt while future pension liabilities are ignored. If we add back these liabilities, then all-government net debt is close to 70 per cent of GDP, far higher than the 44 per cent politicians tout to make Canada look prudent.
None of these calculations include the tsunami of liabilities associated with unfunded health care and other age-related spending. Meanwhile, the unfunded liability from Old Age Security just got bigger, after the Trudeau government’s reversal of the eligibility age to 65 from 67 years.
Obviously, the current public debt is more tolerable at today’s ultra-low interest rates. Maybe these rates will continue for years, as we seem stuck in a Japan-like funk of low growth and low inflation. Nevertheless, even at today’s values, these low debt charges cost taxpayers considerably. Total public debt charges in Canada are over $60 billion (eight per cent of public spending), money that could be used for health care, education and a less onerous tax system. Interest costs will balloon if governments take their feet off the money-supply accelerator, as recently seen in the EU and U.S.
With monetary policy failing to jolt economic growth, Keynesian economists argue for looser fiscal policy instead, meaning bigger deficits and public spending. Will fiscal expansion and deficits work? Japan’s recent, fruitless attempts suggests it won’t.
Governments are fooling themselves by thinking Canada has plenty of room for more debt
There may be good reason for that. The Keynesian model assumes people are myopic, ignoring the consequences of deficits on future tax liabilities. It is hard to believe, though, that smart traders would ignore excessive debt build-ups that ultimately lead to economic stress, higher taxes and currency devaluations.
Nor does it seem that fiscal stimulus works well in open economies. An expansion of public deficits creates a capital inflow, pushing up the dollar, reducing international demand for exports and increasing domestic demand for cheaper imports. When the federal government announced $30 billion deficits last winter, the Canadian dollar rose despite a continuing decline in commodity prices.
But maybe I am wrong. People can be myopic and currency shifts can happen for a variety of reasons. So even if we believe that deficits can grow the economy, is it better to increase public spending or reduce taxes?
Keynesian's argue that spending increases are more powerful than tax cuts, which might be saved rather than spent. This assumes that government spends only on consumption (which is never the case) while tax cuts create savings “leakage.”
However, tax cuts work through an economy faster in the short run compared to spending programs like infrastructure. Moreover, if the economy is to grow faster, we need higher productivity, since growth is simply the combined growth in the working population and growth in productivity (in Canada, the two are expected to be little better than 1.5 per cent). Infrastructure spending creates capacity for long-term growth but is a poor short-run stimulus, while tax cuts can generate growth both in the short and long run.
Currently, Canada’s reliance on income taxes impairs incentives for investment, entrepreneurship and the adoption of technology — all critical to growth. Some countries have clearly figured this out. The U.K. and Ireland, with low corporate taxes and some personal tax relief, have recently achieved better growth rates than the U.S., Canada and other European countries.
Canada has been doing the opposite. Federal and provincial governments have pushed up marginal income tax rates, whether at the top end or through higher claw-back rates for income-tested programs. Effective corporate tax rates on new investment have increased by almost 15 per cent through fewer incentives, higher transfer and property taxes, and increased tax rates in some provinces. Small businesses have gotten breaks, but they face a wall of taxes and regulations if they grow. 
If we want to see better economic growth, we need to get back to the productivity agenda — not the Keynesian agenda of deficit-financed public spending.
 | 
Jack M. Mintz is the president’s fellow at the University of Calgary’s School of Public Policy.