Your Moral And Intellectual Superiors

Quotations from Chairman Maher;

Katherine Maher has a golden résumé, with stints and affiliations at UNICEF, the Atlantic Council, the World Economic Forum, the State Department, Stanford University, and the Council on Foreign Relations. She was chief executive officer and executive director of the Wikimedia Foundation. And, as of last month, she is CEO of National Public Radio. […]

What you notice first about Maher’s public speech are the buzzwords and phrases: “structural privilege,” “epistemic emergency,” “transit justice,” “non-binary people,” “late-stage capitalism,” “cis white mobility privilege,” “the politics of representation,” “folx.” She supported Black Lives Matter from its earliest days. She compares driving cars with smoking cigarettes. She is very concerned about “toxic masculinity.”

On every topic, Maher adopts the fashionable language of left-wing academic theory and uses it as social currency, even when her efforts veer into self-parody. She never explains, never provides new interpretation—she just repeats the phrases, in search of affirmation and, when the time is right, a promotion.

Maher understands the game: America’s elite institutions reward loyalty to the narrative. Those who repeat the words move up; those who don’t move out.

Let her explain more clearly: “Our reverence for the truth might be a distraction that’s getting in the way of finding common ground and getting things done.”

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!

Sunny Ways…

…sunny ways.

Sun- Trudeau’s budget is a debt bomb

The Trudeau government’s 2024 budget is a tax-and-spend debt bomb financed by borrowed money and high taxation that is going to get worse year after year until the Liberals are booted from office.

Caught off guard by high interest rates, Finance Minister Chrystia Freeland delivered a budget on Tuesday awash in a sea of red ink, keeping the Liberals’ dubious record intact of failing to deliver a single balanced budget since they came to power in 2015, with no plan to balance the budget, ever.

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.

Lighter than air

Royal Helium announces Val Marie helium project with Sparrow Hawk Developments. This means Saskatchewan will soon have multiple #helium producers, and a year from now, should be 2/3 on the way to its goal of having 15 helium purification facilities by 2030. I’m guessing we’ll have more than that by 2030.

For those who are not aware, helium production is almost indistinguishable from natural gas production, and requires oil and gas service companies to make it happen. Same drilling rig, same service rig, same lease builders, same facility builders, same just about everything. It’s the “other natural gas,” as it were. And Saskatchewan is aiming to hit 10% of the global market by 2030.

Wednesday On Turtle Island

Dementia Joe’s America:  The road to Hell.  You’re not safe in New York.  George Soros is busy buying the election.

Blackie’s Canada:  Foreign Affairs Barbie.  A First Nation lawsuit.  Education in Doug Ford’s Ontario.  Pro-Hamas demonstrators block railway line in Toronto (CBC).  Justin’s Elections Canada to encourage young people to come out and vote for the Liberal/NDP coalition.

Socialist Europe:  We will not go meekly.

Your morning meme.  Another meme.   A cartoon.

And The Budget Will Balance Itself

WHEE! The Liberal Govt announces a $40B deficit with $50B in debt servicing costs, or $95K a second!

@RealAndyLeeShow is following the shitshow so I don’t have to.

Budget 2024 includes $411 million to support healthcare for asylum claimants and refugees, along with $79 million improve immigration holding centres and $141 million for lodging for asylum seekers.

Meanwhile, $8 million is dedicated towards preventing migrant smuggling.

CBC gets an additional $42 million taxpayer-funded bump in the budget.

Catherine Swift;

It’s painful to listen to @cafreeland speak, but a necessary evil. Major capital gains tax increase pretends to be a wealth tax but actually will be imposed on any Cdns who have retirement savings & other investments. So most of us

“There are very few measures that are designed to increase capital investment and enhance labour productivity.” #cdnpoli #Budget2024 ~ Fred O’Riordan, economist

Hit me harder, daddy: … new controls and taxes on real estate to take effect in 2025. Measures to be detailed in “consultation” documents this summer include a tax on undeveloped property…

Tax and Spend. And spend and spend and spend.

I want a new country.

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