Category: Great Moments In Socialism

Protection racket

“It’d be a shame if something happened to all those nice trees you want to plant….”

It seems that Canada is not the only country in which politically favored groups regularly shake down various agencies for what this news item accurately describes as ransom.

The Decline And Fall Of The American Empire

@KobeissiLetter

Yesterday, the US released their Budget Deficit Report.

To see how much interest the US has paid on Federal debt, you have to scroll to page 9 of the report. Then, go to the bottom of the table to the small line item below. Finally, you’ll see that the US has paid an alarming $652 BILLION in interest YTD, up 25% since last year.

As rates rise, we will soon see the first ever year with $1 TRILLION+ in annual interest expense. Interest expense will soon be the US government’s biggest expense, even more than social security.

The debt ceiling crisis wasn’t the real crisis.

It was simply a distraction.

Meanwhile, US tax receipts fell by nearly 10% over the same time period. The drop is the biggest since June 2020 when the US went into a full lockdown.

We have a spending problem and a revenue problem. A solution is needed.

Safe and Effective®

The Telegraph- How the long-term sickness epidemic wrecked Britain’s public finances

Lockdown wreaked havoc across the economy, devastating children’s education, hammering the public finances and piling pressure on a health service already struggling with the ageing population. But among its more pernicious and long-term consequences appears to be a steep and sustained rise in the numbers of people of working age who have left the jobs market because of ill health.

Nothing to worry about. After all winter is coming.

Trust the Evidence- Looking forward to the next winter crisis

On 5 October, we pointed out the recurrent and seemingly intractable recurrence of the NHS winter crisis. Year in and year out, we have the same screaming headlines around Christmas time.

Dumpster fire

Since no one is going to dig up Prairie Green landfill to look for the equivalent of needles in a haystack, these continuing protests are simply another excuse to browbeat the white colonialist regime for alleged past sins. Now that a judge has ordered the protesters to remove the blockade, the inevitable and absurd comparisons to the truck convoy protest have come out of the woodwork:

Val Vint said it was frustrating to see the blockade at the Brady landfill ordered to end after a matter of days, drawing a comparison with a protest against COVID-19 vaccine mandates and public health orders that was allowed to block streets in downtown Winnipeg for weeks last year.

Organizations that couldn’t be bothered to dig three feet to find an alleged known grave can’t grasp why anyone wouldn’t instantly agree to spend $180 million to dig up an entire landfill:

“That’s bullshit. Because the feasibility study was conducted by experts. We had an anthropologist on the technical working group,” Assembly of Manitoba Chiefs Grand Chief Cathy Merrick said in an interview on Wednesday.

Waiting, Waiting, Waiting…

Its a feature not a bug.

Trust the Evidence- Intractable waiting lists

We are told that in the NHS in England, more than 7 million people are waiting for a hospital specialist or surgeon or whatever. Over 3 million patients wait over 18 weeks and 370 thousand over a year for treatment.

By any measure, these figures show we have an emergency on our hands – yes, a real one, not model-driven or PCR derived. Presumably, these are folk who have long-standing problems and need help. We do not know the makeup of their pathologies, but all are at risk in the forthcoming NHS winter crisis – we have become modellers and see the future.

Elephant On The Riverbank

The Arts: A system in which taxpayers help rich people hang pictures for their friends

The revelation this spring that [Remai Modern] final cost tops $111 million, more than twice the original estimate from when it was first proposed, will resonate for most taxpayers, as will the $6 million a year in city funding.

But the art gallery’s worth should be measured beyond its price tag — its value to Saskatoon is more relevant.

Five years ago the gallery earned Saskatoon a spot in the New York Times’ top tourist destinations in the world. USA Today followed suit the following year by recommending its readers visit the Paris of the Prairies chiefly because of the gallery.

So you can argue all day that the money spent on building the art gallery will never be worth it, but you cannot reasonably claim that no value was derived from it in terms of recognition for the city.

The “cannot reasonably claim” value: two American travel writer mentions at the low, low entry price of $55,500,000.00 apiece.

And then, there’s the nepotism. And the fact that it’s ugly. And the millions to maintain it ain’t ever going away…

Get the hell out of Saskatoon while you still can, my friends.

From the comments: I guess nothing quite “says” Saskatoon like a good stack of double-wides.

Temporarily Unexpected

In today’s transitory news;

Concurrently, a growing number of financial experts are expressing their apprehensions regarding the potential impact of yet another rate hike on consumers. And their concerns are not unfounded. Let us examine the evidence.

Undoubtedly, food and housing constitute the fundamental necessities of life.

Pertinent data reveals that the cost of housing exerts a considerable influence on our grocery expenditures. Notably, despite prevailing inflation, the latest quarterly results from Empire/Sobeys/IGA indicate a $16 million decline in food sales compared to the corresponding quarter of the previous year.

That’s right, $16 million. Similarly, Loblaw/Provigo experienced a mere 3.1% increase in food sales over the past year, despite inflation consistently exceeding 9% for the preceding 12 months. Metro witnessed a modest 5.8% rise in food sales at their stores during the last quarter.

Bloomberg: Canadians’ concern about debt, ability to pay bills reach all-time high (h/t David M)

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