Author: Dennis

Photographic Memories

If these kind of bizarre claims had been made on nearly any other subject, or by a less favored racial group, one would expect them to be dismissed until at least a shred of evidence turned up. But any demand for evidence, it seems, is merely evidence of a colonialist mindset.

A Haida elder and residential school survivor is leading a proposed class action lawsuit against the Catholic Church and one of its priests over what she alleges are “false and deeply hurtful” denialist comments.

Jones said she recalls being placed in a boxcar to look after Indigenous babies, who were all “crying really hard.” While at the school, Jones says she remembers witnessing the deaths or disappearances of other children, something that continues to haunt her.

Jones said she was given the task of looking after babies who were tied up in iron cribs, who she remembers were “all of the sudden” gone one day.

A Catch-all Diagnosis

If you thought malpractice was rife during the pandemic, just wait until the next emergency.

A B.C. doctor has captured the world’s attention by likely being the first physician to diagnose a patient with “climate change.”

Nelson-based Dr. Kyle Merritt gave the controversial diagnosis over the summer, saying the symptoms a patient in her 70s was seeing all tied back to one thing.

Those effects included heatstroke, dehydration and breathing issues. As he treated the patient, he started thinking about underlying issues. He ultimately diagnosed her with climate change.

Magic Money Trees

With talk of Universal Basic Income appearing to gain steam these days, one of the main objections is the sheer cost of the program. But one advocate of UBI claims to have the answer, and it lies in marrying UBI with its obvious philosophical twin: Modern Monetary Theory. In doing so, he manages to lay bare the utter nihilism behind both theories.

Okay, so you want to start your own country and create your own currency? Congratulations! What’s step one? …. Step one therefore is to create money out of nothing. Choose whatever you want. Want to use shells? Okay. Want to carve notches on rocks or sticks? Okay. Want to use dollar bills? Okay. Want to use ones and zeroes? Okay. Whatever you do, get that stuff to your people. After your people have money, tax some of it back. Don’t tax all of it back. That would leave nothing for them to use on goods and services in the private sector. Tax some percentage of it back. Congrats! You just ran a “deficit”, began your “national debt”, and gave your money value by requiring that people pay their taxes in your currency.

Strip Mining Investors

Perhaps the most drastic change in the recent federal budget is the hiking of the capital gains inclusion rate. This supporter of the change works out the math and finds that effectively treating a capital gain as wage income is just fine with him. The fact that an investor risks the loss of assets if the business fails is, to him, equivalent to the risk borne by the wage earner who gets paid every two weeks and never has to deal with the loss of a dime of capital to sustain the business.

Here’s the text of his X post:

$1 in wages. Top marginal tax rate = 53%.

Keep $0.47. $1 in corporate profit –> 26% corporate tax rate = $0.74 distributed as capital gains –> 50% inclusion rate = $0.37 taxed at 53% personal. All in, roughly 46% tax rate overall. Keep $0.54. Better than wages (and better than interest or dividends).

At 67% inclusion: roughly 52% tax overall for capital gains. So keep $0.48. Close to treatment of wages!

Paleolithic Math

Who would have thought that smoke signals were evidence of indigenous mathematics. To conclude otherwise is apparently an example of prejudice engendered by enlightenment thinking.

“One interesting example that we are currently investigating is the use of chiral symmetry to engineer a long-distance smoke signalling technology in real time,” Professor Ball says.

To create and understand these signals, you have to be a skilled practical mathematician, Professor Ball says.

“Theory and mathematics in Mithaka society were systematised and taught intergenerationally. You don’t just somehow pop up and suddenly start a chiral signalling technology.

Infinite Mortgages

The Bank of Canada’s efforts over the past year to hike interest rates are now at the point where you can call the policy utterly laughable, considering that whenever the policy threatens to have consequences, those consequences are speedily legislated out of existence. The government of Canada has just issued new mortgage measures whereby anyone who can’t pay their mortgage can simply make whatever payments they can afford. That’s a pretty sweet deal, if your goal is to turn homebuyers into blatant parasites.

…the government will allow 30-year mortgage amortizations for first-time home buyers purchasing newly built homes, effective August 1, 2024.

Third, the enhancements to the Canadian Mortgage Charter will also include an expectation that, where appropriate, permanent amortization relief will be made available to protect existing homeowners that meet specific eligibility criteria. Amortization relief means eligible homeowners can reduce their monthly mortgage payment to a number they can afford, for as long as they need to.

Socialist Progress

In the continuing saga of The Workers’ State of South Africa, there’s finally some good news. Well, sort of. It seems that there have been fewer power outages lately. Mind you, that’s not because supply is growing. Rather, shuttered factories have no need for electricity and the marginal consumer is simply going off-grid.

The weak South African economy, and the resulting generally flat overall demand for electricity.

Rapidly rising price of Eskom and municipal electricity of two to three times the inflation rate for many years, is dampening demand for Eskom generated electricity.

Load shedding and low reliability of Eskom and municipal grid electricity, particularly for the last four years, have been negatively impacting electricity supply.

Electricity customers are responding by moving to self-generation and alternative energy sources, including rooftop solar PV, battery energy storage, gas for cooking, solar hot water geysers, energy efficiency, and a general reduction in demand for grid electricity.

 

Losses For The Masses

Maybe central planning didn’t work at this time, but trust us, it will work at some point in the future. The question remains, why do we even have such a bank in the first place?

The head of the Canada Infrastructure Bank defended $900,000 spent on a now-cancelled power line project, arguing the project will ultimately get built and the due diligence the bank did was entirely reasonable.

The bank agreed in 2021 to offer a $655-million loan to the project and spent $900,000 on due diligence involving lawyers and outside experts. The project has since been suspended and the original owner sold its interest to another company. The loan did not go through, but the $900,000 had already been spent.

Pharma Pressure?

Suneel Dhand is a British physician who has been openly critical of pandemic policy in many a YouTube video and now focuses his critical eye on another common medical issue: blood pressure.

“I believe it’s absolutely ludicrous that we would have this one size fits all approach to blood pressure [of ] 120 over 80.”

“Every passing year the guidance from the medical establishment gets more and more aggressive and on many levels this is a complete money grab…”

 

Taxing Measures

Boston is certainly not the first city to hit the wall of declining commercial property values, and it won’t be the last. The cheering was widespread when everyone worked from home during the pandemic, but now that many of those jobs have disappeared and downtowns are filling up with the homeless, there’s simply not enough commercial tenants left to fill the gap.

A recent report by the Boston Policy Institute found the city may lose $1.4 billion in tax revenue over the next five years due to empty office spaces. Boston could also face a recurring shortfall of about $500 million each year after that first half-decade, the report found.

In a sane world, the solution would be to cut spending and align it with revenue. But in the insane Keynesian universe, the “solution” is to tax the remaining commercial property owners even harder than they already are. I can’t imagine any negative consequences arising from that, can you?

The measure would give the city the flexibility to temporarily shift more of the property tax levy onto commercial and industrial property owners. If approved, new tax rates would only go into effect if commercial valuations come in low as expected, Wu said.

Odd Behaviour

Manitoba’s NDP government is doing something that’s seemingly out of character: they’ve slashed a spending item by 50%. The opposition Tories are critical of that move, but for the wrong reasons. If they were real conservatives, they would demand to know why the government stopped at a 50% cut.

The provincial government has set funding for park-related capital investments at $6.8 million in its first budget, delivered Tuesday. That’s down from about $12.7 million last year, when the PCs were in power.

“It’s obvious this government doesn’t value parks, the experiences they provide or the tourism dollars they bring to the province,” [Conservative MLA] Nesbitt said during question period.

The MLA for Riding Mountain told reporters later on Thursday that Manitobans and other visitors to the province’s parks will all be disappointed by the funding cuts.

Broken Records

It’s about time that Zimbabwe switched off the broken record and admitted that decades of scientific socialism have only yielded abject failure, but Maximum Leader seems intent on forcing the citizens to bang their heads against the wall yet again.

On Friday, Mushayakarara is expected to announce the introduction of a gold-backed currency to replace the worthless local dollar, which is currently trading at around 30,000 to one U.S. dollar and, unlike the South African rand, does not circulate in neighboring countries.

Zimbabwe has introduced and abandoned at least five currencies since independence in 1980, all of which lost value to become almost worthless.

Zero Income Earners

The emergence of another casualty of California’s decision to hike the minimum wage to $20 per hour comes as no surprise to anyone who understands basic economics: the real minimum wage is actually zero.

When making their way to work Monday morning, Navarro and her team learned upon arrival that the restaurant owner had made the decision to close its doors for good. The owner, Loren Wright, told local Fox affiliate KMPH that this was the “last thing” they wanted to do, but knew by Friday night the business likely wouldn’t be able to absorb the wage hike…

“And those who are still working in the areas around us that went up to $20 an hour, they got their hours severely cut.”

The New Police State

Not only can the Scottish police now charge you with “hate speech” on a wide variety of topics, but they can do so based on criteria that drops any  and all pretense of objectivity. It seems that for Scots the best way to avoid prison would be to tape their mouths shut and abandon social media.

Asked whether “misgendering” someone or making a comment about their religion would be a crime the minister replied: “This will be up to Police Scotland. I wouldn’t say misgendering if you say something on social media for example it would be up to Police Scotland to determine.”

Rest assured, however, the police will move heaven and earth to investigate such “high level” crimes:

Just last month the national force said it was no longer able to investigate every “low level” crime, including some cases of theft and criminal damage.

It has, however, pledged to investigate every hate crime complaint it receives.

Herply Werply Flerply!

What’s up with renaming an airport to something that sounds like Yosemite Sam swearing or the ramblings of the Swedish Chef? Are the linguists that come up with these names dyslexic?

“The renaming of Sandspit Airport to K’il Kun Xidgwangs Daanaay is a significant step in the collaboration between Canada and the Haida Nation,” said President of the Council of the Haida Nation Gaagwiis (Jason Alsop) in a news release for the announcement.

“Engaging in initiatives like this fosters trust and respect, critical elements in renewing the collective vision of Canada as a nation that includes all of us.”

 

Modern Medicine?

In this intriguing interview, Dr. John Campbell interviews Australian immunologist Dr. Robert Clancy about another drug that was slammed as ineffective and dangerous when used for the treatment of Covid: hydroxychloroquine. As with so many other pandemic measures, it seems to have fallen prey to the politicization of medicine.

As Dr. Clancy says, “I could not understand why there was a reaction against using a drug outside of its normal indications because we never seen Covid before at a time when people in nursing homes were dying [at] five, six, seven percent mortality rate and here we had a drug it couldn’t do any harm.”
“…it fitted the the politics at the time which was we have no treatment, stay at home until

Good Fracking Luck

It seems that the environmentalist movement has come to the conclusion that there is good fracking and bad fracking. Bad fracking is when we drill a well and extract hydrocarbons. Good fracking is when we expend huge sums to stuff a perfectly harmless gas back down those same holes. It’s a variation on Keynesian economics: wherever we find existing holes, we should pay people to fill them in, even if there is no need to do so. The article goes on to point out all sorts of potential problems with this idea, but then Keynesians will likely argue that remediation efforts will “stimulate” the economy.

With support from the Biden administration and billions of dollars in new subsidies and tax incentives, energy companies and others are planning to capture millions of tons of industrial carbon dioxide emissions and then pipe the climate pollutant for underground storage, part of an effort to reduce the nation’s greenhouse gas pollution. Federal and state regulators are reviewing 69 projects or permits to store CO2 underground, with 24 of those in Louisiana. Nine projects have already been approved while one more, in California, is pending.

Tax Me Harder!

The last thing any municipal ratepayer in this country needs is for their city to gain the ability to get their hands on your income. Income taxes are outrageously high as it is and adding another predatory level of government into the mix will only make that worse. But that doesn’t stop socialist think tanks from proposing such nonsense, which is then uncritically regurgitated by the leftist corporate media.

Macdonald believes the City of Vancouver alone could net a further $100 million annually if it could collect a one per cent tax on annual incomes over $56,000.

Conservative in Name Only

If even a conservative government can rack up this kind of debt, there’s no comfort in knowing that a liberal government would rack it up even faster. There’s virtually no political constituency for smaller government left anywhere on the planet, perhaps with the exception of Argentina.

Ontario is delaying its path to balance as lethargic economic growth drags the province’s books further into the red, with a $9.8-billion budget deficit projected for the coming fiscal year.

The deficit for 2024-25 is almost double what the province projected in the fall economic update. That document had also eyed a return to surplus the following year, which was already delayed a year from the 2023 budget. Bethlenfalvy now projects that a small surplus will not happen until 2026-27. In 2025-26, the deficit is forecast to be $4.6 billion.

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