Category: nannystate

Smear Campaign

Freespeechers nannystate 30 Comments

Now that Robert F. Kennedy Jr. is playing on the other team, it’s clear that the knives are out. Heather Heying and Brett Weinstein review a recent hit piece in The Atlantic regarding RFK’s promotion of cooking with beef fat as opposed to seed oils, as if advocating the use of animal fat could never by anything but a conspiracy theory. The article is a classic example of pre-emptive stigmatization. As Heying relates:

Robert F. Kennedy Jr.’s view on fats is is about bucking convention, not promoting health. And so let’s just start with that with that subtitle, which again, the author, you know, may not have anything to do with the title of the subtitle, but I’ve seen this critique before. It’s, oh, he’s just a contrarian. And we’ve been called just contrarians. And it’s one of actually the most insipid and wrong and ridiculous contentions that actual scientists can be can be slapped with.

Avalanche Alert

Gradually Then Suddenly It's Probably Nothing nannystate 17 Comments

Will the camel’s back finally break in 2025?

Ten thousand illegals showing up at our borders “would throw our system completely off kilter,” he warns. CBSA is still dealing with the aftermath of 492 Sri Lankan Tamils arriving in British Columbia on a Thai cargo ship in 2010…

And while Immigration Minister Marc Miller cautions “not everyone is welcome here” — and promises he’ll enforce the rules — it’s difficult to paint over Canada’s well-established reputation as a country that rolls out the red carpet to asylum seekers. Each year, thousands of migrants enter Canada, without authorization, between official ports of entry.

 

Economic Illiteracy

Canada’s Bolsheviks Gradually Then Suddenly nannystate Shiny Pony 26 Comments

So Canadians just don’t have the right vibes now? Is a recession defined by a “vibe deficit” or something like that? This is just more “animal spirits” nonsense.

Federal Finance Minister Chrystia Freeland said on Monday that she hopes her government’s proposed GST holiday will help bridge the gap between Canada’s macroeconomic picture and historically stressed-out households by bringing good vibes to the latter.

“People have been talking about a ‘vibecession’… and the fact that Canadians just aren’t feeling that good,” Freeland told reporters at a press conference in Ottawa to promote the temporary sales-tax reprieve.

Losing Money Is Our Business

Gradually Then Suddenly Great Moments In Socialism nannystate 18 Comments

Can we just defund this thing too? It’s broken beyond repair.

Canada Post reported a before tax loss of $315 million for the third quarter of 2024, widening its deficit by $25 million compared to the same period last year. The decline was attributed to ongoing challenges in its parcels segment, where revenue fell 5.8 per cent as volumes declined by 9.6 per cent. The report cited “a highly competitive and demanding parcel delivery market” as the key factor behind the drop.

Kier Starmer’s Britain

Freespeechers nannystate Surveillance State 19 Comments

Where the foxes caper unmolested, the government packs your school lunch and well, the Magna Carta had a good run.

A Nice Parting Gift

entitlement generation Gradually Then Suddenly It's Probably Nothing nannystate 20 Comments

Most wage earners would not be surprised to see a recession in the near future; for many, it’s already begun as prices have outstripped wage growth for many months.

Over 20.5% accumulated inflation over the past four years, government deficit spending has reached nearly $2 trillion annually despite record tax receipts and a growing economy, public debt has reached almost $36 trillion, and the monthly job figure includes an astonishing 43,000 new government jobs each month. In 2023, nearly 25% of all job gains were government ones, and the entirety of the growth of the labor force in the past four years came from foreign workers.

The Biden-Harris administration has left a massive time bomb for Trump and Elon Musk’s government efficiency office…

Unicorn Economics

entitlement generation Gradually Then Suddenly It's Probably Nothing nannystate 24 Comments

There’s no magic formula that’s going to make a ponzi scheme sound, but that doesn’t stop a lot of academics from trying to find one. I also have to wonder how the author comes to the conclusion that Canadians pay less taxes than they used to.

The income taxes paid by Canadian millennials are being squeezed by population aging. The typical 35-year-old now pays approximately 20-per-cent to 40-per-cent more for boomers’ healthy retirements than boomers paid as young people to support the smaller number of seniors in their day.

This extra tax burden will only get heavier in the years ahead as Ottawa enacts planned increases for Old Age Security (OAS) and the Canada Health Transfer, and provinces increase medical spending for their aging populations.

Pipeline Of Losses

Climate Cult Gradually Then Suddenly It's Probably Nothing nannystate 14 Comments

It’s somewhat ironic that the NDP are criticizing a government agency for losing money, but maybe that’s just a bug in their code, not a feature. I’m sure they’ll correct the error soon.

Trans Mountain Corporation CEO Mark Maki said the Trans Mountain pipeline expansion was “worth the cost” in a Monday appearance in Ottawa, even with the inflated price tag of $34 billion.

NDP MP Charlie Angus said he couldn’t square the pipeline’s high purported resale value with the fact that it’s currently selling product at a loss to attract customers.

Angus speculated that the federal government was using a subsidiary “shell company”, TMP Finance Ltd., to hide the project’s losses.

Wise Words

Gradually Then Suddenly It's Probably Nothing nannystate 10 Comments

One of the less well-known economists of the Austrian School was Professor Antal Fekete who died in 2020. Fekete arguably had a much better grasp of monetary issues than many of his contemporaries. His works are still available on his website, and one in particular details why debt must necessarily grow exponentially in a fiat currency system.

Every year monetary authorities must create at least as much new money as needed to service outstanding debt, in order to keep the game of musical chairs going.

Governments have lost not only their option to reduce indebtedness but, more ominously, the option to balance their budgets. There is a new item in the budget that is never named, that is well-hidden, but that is increasing by leaps and bounds year after year: that part of government borrowing that is needed to provide cover for the increase of the monetary base.

The utterances of politicians about their resolve to eliminate the budget deficit is disingenuous – it cannot be done under the prevailing monetary regime on a net basis.

Your Home Is Not Your Castle

Canada’s Bolsheviks Gradually Then Suddenly It's Probably Nothing nannystate 36 Comments

When a society accepts the premise that those with wealth deserve to have it strip mined, nothing is off limits.

Governments’ extraction of value from our homes has accelerated in recent years as they have became more desperate, both to raise revenue and to find scapegoats to deflect blame for their own starring role Canada’s housing shortage. As the byzantine extractions multiplied, our homes, once considered our main assets, have morphed for many into our main liabilities. Once upon a time, “safe as houses” was a no-brainer investment strategy. Anyone who now sees a house as a safe investment needs his head examined.

Tax Me Harder!

Canada’s Bolsheviks Gradually Then Suddenly It's Probably Nothing nannystate 20 Comments

It’s too bad that the Conservatives continue to remain largely silent on the critical issue of repealing Justin’s capital gains tax hikes. The impact is far from trivial.

Based on conventional assumptions that an increase in the tax-inclusive cost of capital by 10 percent causes the capital stock to fall by 7 percent, I estimate that Canada’s capital stock would fall by $127 billion. Employment would permanently decline by 414,000. To put this in terms of its impact on unemployment, the capital gains tax hike would increase unemployment from 1.5 to 1.9 million Canadian workers as of August 2024. GDP will fall by almost $90 billion and real per capita GDP by 3 percent.

 

Closing The Exits

Gradually Then Suddenly It's Probably Nothing nannystate 38 Comments

The Israeli finance ministry has been musing recently about limiting cash transactions and possibly criminalizing the holding of gold and silver. As heavily indebted governments like Israel begin to fear a loss of confidence in their ability to service those debts, they will look at measures to prevent citizens from finding a way not to be their creditor. Historically, this would not be the first time that a government barred the financial exit doors in a monetary system.

And The Police Were Completely Irrelevant As Well

Drain The Swamp nannystate 9 Comments

David Henderson- An Opening for Private Liquor Stores in Manitoba

The above is a picture I took last night of people lining up at a Manitoba government liquor store in Winnipeg. For about 2 years now, the government has had a system in place to allow people in the stores one by one. The reason is that a few years ago, there were a number of gang attacks on the liquor stores. People, typically youths, would enter all at once and steal liquor. Some employees were injured.

Bailouts In A Flood

Gradually Then Suddenly It's Probably Nothing nannystate 3 Comments

In addition to bailing out the Treasury, it’s likely that the Fed lowered interest rates in order to stem the losses on its own bond portfolio as well. Whichever aspect you focus on, none of it is good news.

The “higher for longer” policy only lasted eighteen months.

The U.S. budget deficit reached $1.897 trillion in the first eleven months of the 2024 fiscal year, and annual interest costs on the public debt topped $1 trillion for the first time….Furthermore, in its own projections, the Treasury expected an increase of $16 trillion in government debt between 2024 and 2034. The Congress Budget Office estimates that the implementation of the Harris economic plan will result in a further $2.25 trillion increase in debt.

Lockdown Hangovers

Let Them Eat Taser nannystate Safe and Effective 16 Comments

The economic damage caused by the lockdowns was bad enough and obvious to most, but there’s another side to that travesty that is less talked about.

The lockdown babies are now starting school, and the impact of their extraordinary early days is stark. “There’s a school in Birmingham where more than half the children entering [Reception] were still wearing nappies,” says Paskins. “Before the pandemic there might have been one or two. Now more than half have that developmental delay, and what that means in terms of how children are able to learn and function.”

The other thing that was really bad about Covid and the lockdown was that we were threatened with the idea that if we passed it on to somebody, we’d almost be responsible for their death. It just made life so miserable.”

She adds: “A lot of people have never really quite recovered. I would say it took me at least two years, and even now lots of my friendships are impacted.”

Fly The Expensive Skies

entitlement generation Gradually Then Suddenly nannystate 17 Comments

If you think air fares are already high in Canada’s centrally planned airline market, just wait.

The airline has offered to increase the aviators’ pay by 4% annually over three years, plus an upfront 26% pay boost as well as other benefits, according to a source who asked not to be named to discuss confidential details of the agreement.

The 42% compensation increase over the four-year contract is expected to cost the carrier C$1.9 billion.

 

Racial Profiles

Khmer Noir nannystate The Tolerant Left 8 Comments

After the end of South Africa’s policy of Apartheid, one would have thought that laws sorting people by race would be a thing of the past, right? Well, think again. As the Institute for Race Relations points out, from 1910 to the present 314 racial acts have been passed by their parliament. However, 117 of those acts have been adopted since 1994, and 141 racial acts are operative today.

Almost immediately [after 1994], however, the government began (re)enacting race law and pursuing racial policy. The two most notable instances of this are the 1998 Employment Equity Act and the 2003 Broad-Based Black Economic Empowerment Act. Various other pieces of legislation exist among dozens of charters, plans, regulations, directives, notices, and policies that attempt to regulate aspects of society along racial lines and racialise commerce.

 

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