Category: Great Moments In Socialism

Housing Bust?

In an economy beset by exponentially rising debt, rising interest rates are a ticking time bomb. Higher rates force the marginal borrower to forgo purchases, while the marginal entrepreneur is forced into insolvency. This is particularly true for the Canadian real estate market, and it’s noteworthy that even the leftist media is starting to pick up on this.

Take a look at this housing development in Kitchener Ontario.…The project got city approval in 2020 and the first tower was supposed to be moving ready by 2024 but that didn’t happen. Instead only one of the four towers was started and it wasn’t finished. This project is one of more than 200 housing developments that went insolvent just in the last year alone that rate of insolvency is nearly 50% higher than the 10-year average.

The Doctor Will Kill You Now

@RebelNewsOnline

Sheila Gunn Reid looks at documents exclusively obtained by Rebel News showing how Veterans Affairs Canada attempted to hide a paper trail of evidence relating to caseworkers suggesting ailing veterans choose to access the Medical Assistance in Dying program.

Veterans Affairs Canada began using verbal updates to communications managers and bureaucrats to prevent leaving a paper trail amongst those handling the fallout of the scandal of department case workers who offered suffering and desperate veterans euthanasia instead of treatment.

And I have the documents to prove it.

Wrongthink

I can think of a couple of issues besides plate tectonics where scientists have not lived up to the ideals mentioned. Can you?

One aspect of science, however, is a good model for our behavior, especially in times like these, when so many people seem to be sure that they are right and their opponents are wrong. It is the ability to say, “Wait—hold on. I might have been wrong.”

Not all scientists live up to this ideal, of course. But history offers admirable examples of scientists admitting they were wrong and changing their views in the face of new evidence and arguments. My favorite comes from the history of plate tectonics.

Hostage Situation

Harry Siemens- #railstrike

The Canadian rail strike has escalated to a full shutdown of both of Canada’s major freight railways, Canadian National Railway Co. (CN) and Canadian Pacific Kansas City Ltd. (CPKC), following a failure to reach a new contract agreement with the Teamsters Canada Rail Conference before the midnight deadline on August 22, 2024. Here’s what’s happening:

Blacklock’s- Calls Rail Shutdown Sabotage

“It is totally unacceptable for us as a country to sabotage ourselves right now,” said Freeland. “We have been through a lot. We have made so much progress with our economy. Canadians from coast to coast to coast are depending on the employers, are depending on the union to get a deal done and to get it done with alacrity.”

“What kind of contingency plans does the government have?” asked a reporter. “Our plan is for the parties to listen to Canadians,” replied Freeland.

Y2Kyoto: State Of Anorexia Envirosa

Financial Post;

In its monthly update on energy trends, Statistics Canada reported this week that this year, for the first time ever, Canada has become a net importer of electricity. The switchover in our electricity trade balance reveals the shortcomings of an energy strategy that now emphasizes decarbonization over energy security, leaving customers vulnerable to supply shortfalls and higher prices.

Spy vs Spy

Sun- Social media, smartphone warriors put police under full-time surveillance

“Our members know they are watched continuously, they know everything they do and say is captured on video, and they know that they are the only professional in an interaction with the public,” said Toronto Police Association president Jon Reid. “Our members are also pushed to the brink on many shifts. Between a lack of proper staffing and public support, and when some members of the public feel it is increasingly acceptable to interfere in police operations and treat our members with disrespect, it is not surprising to see how some of these interactions are unfolding.”

Non-objective Law

If the ease with which the Covid lockdowns were instituted told us anything, it was that people could be panicked into throwing away basic freedoms with astonishing ease. It seems that this lesson has not been lost on the British government, which is currently busy prosecuting a plethora of victimless crimes with relative impunity.

A judge has jailed a “keyboard warrior” for posting an online message saying “blow the mosque up with the adults in it” during the riots.

When sentencing Sweeney, Judge Steven Everett, the Recorder of Chester, said: “You should have been looking at the news and media with horror like every right-minded person. Instead, you chose to take part in stirring up hatred.

“You were part of a Facebook account which had 5,100 members. You had a big audience.

“You threatened a mosque, wherever it was. It truly was a terrible threat.

“So-called keyboard warriors like you must learn to take responsibility for your disgusting and inflammatory language.”

Mischief Makers

Closing arguments are finally being heard in the freedom convoy court case centering on charges of mischief. The trial was supposed to take a couple of weeks but wound up lasting nearly a year. That’s in addition to varying periods of incarceration for the defendants since early 2022. It’s anyone’s guess as to what it cost the prosecution to pursue the case.

Lich and Barber’s lawyers have argued throughout the trial that organizing a protest is not an illegal activity and is protected under the Canadian Charter of Rights and Freedoms.

The court has scheduled three days to hear the final arguments in the case, as well as several extra days next week in case they go long.

Shush, Daddy’s Being Fabulous

You’ve got to pretend that it’s all okay… You have to realise that your dad has fallen in love with himself, and there’s no part for you in that where you are not just a prop.

It’s like this person came along and said, “You know how you had a dad? Well, that was all a lie. And all that time, your dad didn’t like being your dad.” And my dad was kind of replaced by this other person. This other person who didn’t love me like my dad loved me, wasn’t interested in me like my dad was.

And his love was conditional.

From the forthcoming film Behind The Looking Glass, about women whose partners, or fathers, have ‘transitioned’.

Steal It Back!

With all the talk of “stolen land” flying about these days, we need to keep in mind the ideas that gave rise to this non-concept.

…a group of first-year university students at the University of Connecticut were welcomed to their campus via a series of online ‘events’. At one event, students were directed to download an app for their phones. The app allowed students to input their home address, and it would piously inform them from which group of Native Americans their home had been ‘stolen’.

So what can be the harm in acknowledging every morning that Canadians live on stolen First Nations land? The problem is this: if you begin the day by acknowledging that your country, your society, and people of your ancestry are particularly egregious, this is a sure route to self-doubt, impotence and societal failure.

The Recession Is Knocking

Monetary system analyst Rafi Farber makes a pretty convincing case that a recession is imminent, based on some recent action in the banking system and also by looking at the inverted yield curve (short term interest rates above longer term rates). In a nutshell, the recession occurs not when the yield curve inverts, but after it un-inverts and goes back to its normal upward slope. We’ll know if he’s right or not within a few months. Interestingly, he doesn’t see us bouncing back from this downturn.

“…we had an inverted yield curve until… June 2007… and from there it uninverted fully and we were in a recession by January 2008… 6 months…now we’re about to cross the threshold here again we’re at… four basis points below 0.04% means we could cross into positive territory any day….we’ve been negative since June 2022 right that for over a year now which is the longest we had a negative yield curve ever… we have a few months before this fully un inverts and we are back into the final recession of this monetary system…”

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