Category: entitlement generation

Why Is There Always A Big Screen TV?

No longer welcome at Thompson Rivers University…

“We were trying to convey the existence of an aboriginal industry that has developed around the huge amounts of money that are being transferred in the interests of native people and are intercepted by a whole layer of people, the largest component of which is the legal element,” he said.
“Aboriginal people today are living in poverty…lawyers are making a fortune in keeping them there — keeping them in need of their services and the services of other people in the industry.”
Howard said he was approached by some students who appreciated his perspective, but the law students that spoke to the CBC felt differently.

h/t Kevin B.

Great Moments In Socialism

This fixes everything!

A radical left-wing party vowing to end Greece’s painful austerity program won a historic victory in Sunday’s parliamentary elections, setting the stage for a showdown with the country’s international creditors that could shake the eurozone.[…]
The prospect of an anti-bailout government coming to power in Greece has sent jitters through the financial world, reviving fears of a potential Greek bankruptcy that could reverberate across the eurozone.
“The sovereign Greek people today have given a clear, strong, indisputable mandate. Greece has turned a page. Greece is leaving behind the destructive austerity, fear and authoritarianism. It is leaving behind five years of humiliation and pain,” Tsipras told a crowd of rapturous flag-waving party supporters.

The Decline And Fall Of The American Empire

Veneuzuelaed:

[A]s updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red color: as of the last work day of November, total US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.

Great Moments In Socialism

Rigzone;

Delays in projects, particularly to increase recovery from operating fields, risk leaving oil permanently in the ground, depriving Norway of vital budget revenue and shortening the lifetime of fields in an already mature area.
“We are doing the socioeconomic calculations and we are working with a 4 percent rate of return but when the industry is working with 6-8-10-12 percent, then we have a real problem,” Nyland told Reuters on the sidelines of a conference.
“Projects that are very profitable from a socioeconomic perspective are put on hold because companies are expecting too big a margin; there is a big gap between what they see as profitable and what we see,” Nyland said on Wednesday.

h/t Adrian

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