Category: Great Reset

A zero percent interest miracle

The fact that the idea of parking interest rates permanently at zero gets any academic attention at all, is in itself worrisome. It’s no secret that this was an idea embraced by none other than John Maynard Keynes, who thought it would be the key to effortless financing of whatever projects a central planner might dream up.

If the interest rate were permanently zero, the government’s fiscal levers of taxation and spending would be the alternative means of controlling inflation.

Naturally, this nonsense goes hand in hand with direct central bank control of individual spending decisions:

Also worth mentioning is the current push by the Bank of England towards central bank digital currencies (CBDCs), in which buyers and sellers would transfer money directly without having to use the banking system. This could enable central banks to encourage or discourage certain spending in more targeted ways, for example by restricting what can be spent by people in certain areas or income brackets. If inflation was controlled using only fiscal levers, CBDCs could be used to reinforce this policy.

Real estate woes

Why worry? There’s no problem here that can’t be solved with infinite amortization.

“…he owns 8 condos in toronto. half of them he told me are negative geared.”

Elder Abuse

Coming soon… “termite Tuesday”. You will eat the bugs and be happy.

The City- Green Gambit: Plant-Based Meals Mandated at Senior Centers Once a Week

The city’s Department for the Aging is now requiring senior centers to provide at least one plant-based meal a week to New Yorkers older than 60 who eat at senior centers or have food delivered to their homes, according to an internal June 23 memo obtained by THE CITY.

The menu change — which allows plant-based entrees to replace the weekly vegetarian meal that senior centers already must provide — is part of a City Hall-led health kick that affects millions of meals for the golden-age set.

Ban All The Things!

Land of the freezing, home of the bug eaters.

Under new Energy Department efficiency standards, bulbs manufactured and sold now must meet the “minimum energy-efficiency standard” of 45 lumens per watt, giving rise to LED bulbs that some researchers have suggested can cause health complications.

Biden’s light bulb ban joins the list of growing home items the President has fixated on. Perhaps most notably, gas stoves have been a target of his administration for several months.

Specifically, the DOE-proposed energy consumption standards that, if enacted, would reportedly make half of America’s gas-powered stoves non-compliant with the rule, a move Republicans have warned would wreak havoc on financially burdened families.

Because of this, House Republicans passed two bills aimed at blocking federal attempts to regulate gas-powered stoves, arguing that, on top of the economic implications, it would also violate consumer choice.

Other items like gas furnaces, AC units, washing machines and refrigerators have also come under DOE scrutiny, all in the name of “energy efficiency” and combating climate change. However, many don’t agree that the efforts to regulate home appliances are climate-motivated.

I Want A New Country

Stop whining, start doing.

Jason Nixon, now back in the inner circle of the UCP government led by Premier Danielle Smith, says many of those he represents in the legislature, those around the Sundre, Rocky Mountain House and Rimbey area, feel abused by Prime Minister Justin Trudeau.

His attacks on Alberta, his attacks on the oilpatch. They are well past fed up.

Nixon doesn’t hold back, slamming Trudeau for treating different parts of the country differently.

“The biggest threat to Confederation isn’t Albertans. We’re patriotic Canadians. It’s Justin Trudeau. He is the threat to Confederation. He wants to break it up. He is a threat to Canada, not Alberta,” says Nixon [..]

We do know after Smith’s latest meeting with Trudeau, where he wouldn’t budge on his impossible oilpatch emission targets for the next seven years or a net-zero electricity grid in a dozen years, the Alberta premier did say the province’s sovereignty act could be triggered if Ottawa doesn’t compromise and show some sense of reality.

The sovereignty act, where Alberta would just not follow Trudeau’s orders.

If the premier defies Ottawa in the name of Alberta, Nixon is confident there would be widespread support for “any actions it will take to defend our province from a hostile prime minister and a hostile federal government.”

“The premier’s job, and she knows it and I completely support her, is to defend Albertans and not try to appease elites in eastern Canada,” says Nixon.

“That’s not her job. Her job is to defend Albertans and that’s what she’s going to do.”

Trudeau is importing hundreds of thousands of immigrant voters for a reason, Mr. Nixon.

We Don’t Like Your Cat Pictures

No bank account for you.

The Telegraph- Major banks’ privacy policies allow them to monitor customers’ social media accounts

The country’s biggest banks have quietly introduced the right to monitor customers’ social media into their privacy policies, The Telegraph can disclose.
Despite public denials that they carry out checks on sites such as Facebook and Twitter, the four biggest high street lenders and several others have buried in the small print of their privacy policies that they may obtain information from social media accounts.

Y2Kyoto: State Of Anorexia Envirosa

You’ll live in a pod, eat bugs, own nothing and be happy.

Conspiratorial conservatives

The only phrase missing from this editorial masquerading as news is “right wing authoritarianism”. Judging from the choice of political leaders used as examples of liars and the complete absence of any discussion of lies promoted by leftists, it’s pretty clear that the book’s author is convinced that only conservatives could possibly buy into conspiracy theories.

“I studied the words of big liars throughout contemporary history, from Hitler to Trump and found common patterns,” University of Toronto linguist Marcel Danesi told CTVNews.ca.

Danesi points to the Nazi regime, which described its targets as “pests” and “parasites” – terms that have been echoed more recently by white supremacists in the U.S. and elsewhere.

Bad Information, mass formation

Thank God the CBC has our back when it comes to misinformation and “media-literacy”. Anyone with even a tenuous grasp of basic logic can ferret out the double standards contained in the article. To add to the putrid mix, the bizarrely named MediaSmarts spokesman is invited to weigh in with these examples of twisted logic:

“Disinformation quite often is true information that is presented in a misleading context, like a genuine photo that’s presented as being from a different time and place than it actually was,” he said.

“Knowing how to use fact-checking tools is one of the quickest and most efficient ways of finding out whether a claim has already been verified or debunked.”

Fact-checkers? Anyone with a Facebook account already knows what their purpose is, and it’s not to add to the free flow of information.

 

It Was My Understanding There Would Be No Math

Spiked;

In 2021, Jeremiah Thoronka was making a name for himself in clean-energy technology. The then 21-year-old Durham University masters student had invented a device that uses kinetic energy from traffic and pedestrians to generate electricity. It certainly sounded groundbreaking. In a pilot project in Thoronka’s native Sierra Leone, two devices had apparently provided free electricity to 150 households and 15 schools.

Thoronka’s work clearly impressed awards panel judges. In 2021, he picked up the Commonwealth Youth Award and the Global Student Prize, which was presented to him by filmstar Hugh Jackman at a virtual ceremony, broadcast from the UNESCO headquarters in Paris. Thoronka was the man of the moment. There was a profile by the BBC, an invitation to give TED talks and, in May 2022, an audience with the pope. He was celebrated as a green-tech innovator, someone setting a clean-energy example for the world to follow.

The accolades have continued to flow. Last month, at the Green Tech Festival in Berlin, he won the Youngster Green Award for 2023. It was this that prompted German journalists to ask if it might all be a little too good to be true. They contacted the organisers of the Youngster Green Award and Greentech Festival to find out a bit more about Thoronka’s pilot project. After all, it sounded incredible. But the organisers said that wouldn’t be possible because the pilot had since been dismantled. They asked if the device was being used anywhere else, and were told that it wasn’t. One journalist even asked if there were any videos, blueprints or other documentation of this unprecedented breakthrough. Again, nothing was forthcoming. In fact, no one could tell journalists much about the device or the pilot project at all.

It seems the Youngster Green Award and Greentech festival organisers, and potentially others, have been willing to take Thoronka’s achievement entirely at face value. Perhaps the pilot was a success; perhaps it wasn’t.

That no one really knows – or cares to know – is telling.

h/t

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