Category: Great Moments In Socialism

Y2Kyoto: Outlook Bright For Candle Futures

UK iat “real risk” of imminent power shortages;

The shortage has been caused by the increase in the level of demand for energy combined with a growing tendency to build wind turbines, at the expense of other, more reliable, electricity sources, it says. The report estimates that around one quarter of the UK’s energy plant capacity will close by 2015 as the country struggles to balance its carbon emissions targets with production of new energy sources.
[…]
A spokesman for Capgemini said that unless new power stations are built “the lights will go out”.

CWB: Accelerating Underperformance

Newswire;

In “A Bushel Half Full: Reforming the Canadian Wheat Board,” Sylvain Charlebois and Richard Pedde draw this conclusion based on a benchmarking of CWB price results with US results for comparable grains. The authors conclude that the average farmer who delivers approximately 700 tonnes annually to the CWB pool accounts earns $18,000 less per year than if he sold at US prices.

A Bushel Half Full (PDF)
Updated: Content from an email quoted in Larry Weber’s Nov.21 newsletter;

“In our case, instead of backing prices off to farmer origin, we track US FOB PNW export prices vs. CWB in-store Vancouver, BC prices (which are not precisely the exact same logistical cost points, but differ only in the very small elevator operational cost of moving the wheat from the silo to end of the loading spout).
While CWB would no doubt take exception to this, as they have taken exception to your report, we find that it is a routine practice for the CWB to directly offer price discounts to US market values to foreign customers. At this very moment, there are reports coming from European, Central and South American and Asian markets of CWB offers of discounts between US$10 and $30 per MT below US values – with one Asian customer reporting a recent CWB price indication which was US$ 50 below comparable US values at the time. Naturally, their in-store Vancouver (or St. Lawrence) prices must reflect these discounts to US market prices – and they translate directly into the lower producer returns that you have demonstrated.

The McGuinty Miracle

Former Ontario Premier Mike Harris;

We cut personal, capital, corporate and other taxes almost 200 times, dramatically reduced the size of government, forced the broader public sector to become much more efficient and eliminated Ontario’s massive deficit. We scrapped Bob Rae’s job-killing labour law and gave people a hand-up, not a hand-out, by creating work-for-welfare. In doing so, we created an environment that led to unprecedented economic growth, the creation of almost a million new jobs and 700,000 fewer people trapped in the cycle of welfare dependency. In 2002, our economy was booming and we had a budget surplus. Ontario was the envy of the world and the foundation was in place to ensure our province’s future prosperity. As I said in one of my last speeches as premier, I only regret that we didn’t move faster, and push even harder, to make the changes we did.
Since then, the government of Ontario has slid back into its self-destructive old habits. Massive increases in public spending and the return of high taxes are dragging Ontario down and risking the economic future of our province. Ottawa’s recent declaration of our “have-not” status is the culmination of a five-year decline. This announcement proves that Ontario isn’t just on the edge of a fiscal and economic crisis — we’ve toppled over a cliff, and no one really knows how far down we might fall.

Tony Blair’s Britain

Where the foxes caper unmolested, the government packs your school lunch, and by the way, does the tone of instruction met with your approval, Jimmy?

Regulations detailing what schools must ask pupils about have yet to be drawn up but ministers hinted in Parliament they would be wide-ranging.
In the House of Lords, Children’s Minister Baroness Morgan said: ‘As a minimum, schools should seek and take account of pupils’ views on policies on the delivery of the curriculum, behaviour, the uniform, school food, health and safety, equalities and sustainability, not simply on what colour to paint the walls.’
Ministers have already issued guidance to schools saying pupils can have a role in recruiting staff and observe lessons to give feedback on how well they believe they are being taught.

From A Tiny Acorn

Or – affirmative action goes real estate! What could possibly go wrong?
Obama Sued Citibank Under CRA to Force it to Make Bad Loans.”

THE seeds of todays financial meltdown lie in the Community Reinvestment Act – a law passed in 1977 and made riskier by unwise amendments and regulatory rulings in later decades.
CRA was meant to encourage banks to make loans to high-risk borrowers, often minorities living in unstable neighborhoods. That has provided an opening to radical groups like ACORN (the Association of Community Organizations for Reform Now) to abuse the law by forcing banks to make hundreds of millions of dollars in subprime loans to often uncreditworthy poor and minority customers.

Citigroup Inc (NYSE:C – News) plans to shed about 10 percent of its global workforce, a person familiar with the matter said Friday, as the bank tries to return to profitability….”
Related – “affirmative action” for the chairman of the Senate Banking Committee, Chris Dodd. Transcript of an interview that has been banned from the airwaves.

We Need To Talk About Your Adjustment

A reader writes;

[This] is a scanned copy of a brochure used in one of the Ontario schools to teach ‘Social responsibility’.
It is astonishing how much this resembles indoctrination a subject of which I used to be in the USSR. This brochure bears a sticker with a student’s name and they are told not to take it home.
One of the most horrible chapters is on page 20 – Oswald’s reeducation session. Can we afford to remain silent and do nothing about this? But I don’t know what to do and where to go.

oswald.jpg
The full pdf is a bit large (8 megs) to offer up on the server, but I’ll make a copy available to those who request one privately.
From the Is our children lurning? file – “And, isn’t it “Macbeth” without the capital B?”

Tony Blair’s Britain

Where the foxes caper unmolested, the government packs your school lunch, and the time has come to call in the Luftwaffe;

In his annual speech at the Lord Mayor’s Banquet, Brown — who has spearheaded calls for the reform of international financial institutions — will say Britain, the United States and Europe are key to forging a new world order.

In a related “please resume bombing” development;

Britain’s environment secretary has sparked controversy with a list of proposed new rules that could mean jail time for pet owners who walk dogs on hot days.

Deficit?

It’s probably the Libertarian in me, but I’m afraid there’s
a hard line about a spending deficit. The line for me is that at
no time, ever, should a gov’t spend more than it takes in.

Prime Minister Harper cut taxes and for that I thank
him. Having said that, no one should confuse the GST tax-cut
as a means to reduce the burden on tax-payers. In reality it
was to reduce gov’t revenues to handicap the Liberals. Good
strategy, easy sell, obvious advantages. The down-side of
the cuts though is that there is less revenue. Less revenue
without a corresponding change in spending means that a
deficit is a real possibility.

It’s time to stop the spending. The last budget increased
spending like there was no tomorrow. There were no cuts,
regardless of the opinion of artists, that money they whined
about was “shifted”, not saved.

It’s time to be conservative again.

So, aside from the obvious: HRC, CBC, Wheat Board,
military, what other areas can the Conservative gov’t cut to
get out of the red?

Cheers,
lance

Tony Blair’s Britain

Where the foxes caper unmolested, the government packs your school lunch and Liberal fascism goes to the dogs;

The Kennel Club is launching a complete review of every pedigree dog breed in the UK in a move that will have far-reaching benefits for the health of many breeds. It has also called on the government to give it the statutory powers to clamp down on breeders who fail to make a dog’s health their top priority.
[…]
In order to ensure that the plans are effective and reach all dogs, the Kennel Club has called on the government to give it statutory powers to make its established Accredited Breeder Scheme compulsory throughout the country. If successful, this would mean that all breeders who are not part of the scheme and who have not officially confirmed their willingness to follow the health standards set by the Kennel Club would be unable to produce or sell puppies within the law.

In short,they are asking to submit the breeding of purebred dogs to the same authority that was safeguarding their banking system from incompetence.

The tough approach was signalled when breeders of pekinese were told yesterday that the dogs’ flat faces were no longer acceptable because they cause breathing problems. The problem has arisen because the muzzle has become obsolete through breeding and the flesh that would have naturally covered the dog’s muzzle is instead in its throat. Other breeds to face scrutiny will include the Clumber spaniel, bloodhound, bulldog, mastiff, German shepherd, basset hound and St Bernard.

The writer states that it will take 3 to 5 years for a “new generation” of Pekingese with “pronounced muzzles” to appear, in what is apparently to be the first ever attempt to alter the structure of deoxyribonucleic acid through legislation.

The Silver Lining

It’s “every country for itself”;

The massive liquidity crisis in the banking system has already nudged the Irish Republic and Greece into unilateral – and probably illegal under EU law – action to guarantee the deposits in national banks. Faced with a choice between the possible collapse of their banking systems and violating EU competition rules, the two countries opted for what they saw as the lesser evil. Now Germany, which at the weekend rejected French plans for an EU lifeboat fund, has taken the decisive protective step, and it is said to be plain that other European states will have to follow suit.

h/t Maz2
“The episode of schadenfreude over America’s “cowboy capitalism” problems was very short-lived, wasn’t it?” Indeed.

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