IMF Considering Loonie As Reserve Currency

Vast Right Wing Conspiracy 29 Comments

Financial Post:

The IMF plan comes as Australia and Canada have shown more signs of stability in the fallout of the 2008 financial crisis than the world’s biggest developed economies. While the U.S., to the U.K. to Japan have been coping with increasing debt loads, deficits in Canada and Australia are forecast to be below 5% of gross domestic product in 2012 and are expected to shrink.
“It really helps to cement the stability of these currencies,” Ravi Bharadwaj, a market analyst in Washington at Western Union Business Solutions, a unit of Western Union Co., said in a telephone interview.

(h/t Kevin B.)

What’s The Opposite Of Diversity?

Great Moments In Socialism 21 Comments

University!

On October 31, Myers was officially given a “warning” by SUNY Oswego, though one that came with strings attached. Myers is now required to complete an “education assignment,” under the guidance of his journalism professor, “to share with other students in journalism classes that will share what you have learned from your experience.” Further, he is required to write apology letters to SUNY Oswego hockey coach Ed Gosek, as well as to the three coaches he contacted for his assignment.

Read the whole thing.

Your Moral And Intellectual Superiors

Media 60 Comments

From the very beginning the media tried to imply the Israeli action was not justified. Wednesday morning saw Fox News’ Leland Vitter say the IDF was responding to “low grade” attacks from Gaza. In what world would 150 rockets fired at civilian communities be considered a “low grade” attack?
Even days into the action (on Saturday Night), Long Island’s News 12 was claiming the entire escalation began with the Israeli killing of Ahmed Jabri, totally ignoring the missiles shot into Sderot and Ashkelon.
Ethan Bronner of the NY Times started his November 17 report with a similar claim “When Israel assassinated the top Hamas military commander in Gaza on Wednesday, setting off the current round of fierce fighting”
On Friday’s ABC World News correspondent Alex Marquardt broadcast without question a claim by “one of the militant groups behind” the rocket attacks on Israel that they “wouldn’t fire rockets if Israel wasn’t killing us,” even though almost 700 rockets had already been fired out of Gaza into the Jewish state between January 1 and November 9, before Israel’s recent sustained military campaign began.

Related – Bloggers Spot More Dead Child Fakery by Hamas; CNN Fooled

O, Sweet Saint Of San Andreas

Great Moments In Socialism 23 Comments

Hear my prayer.

According to a new census report released Friday, almost one-quarter, 23.5 percent, of all Californians are in poverty. One-third of all the nation’s welfare recipients live in the state, despite the fact that California has only one-eighth of the country’s population. That’s four times as many as the next-highest welfare population, which is New York. Meanwhile, California eighth-graders finished ahead of only Mississippi and District of Columbia students on reading and math test scores in 2011.

Reader Tips

Uncategorized 31 Comments

In the essay The Basic Laws of Human Stupidity, Italian economic historian Carlo M. Cipolla wrote:

“It is my firm conviction, supported by years of observation and experimentation, that men are not equal, that some are stupid and others are not, and that the difference is determined by nature and not by cultural forces or factors. One is stupid in the same way one is red-haired; one belongs to the stupid set as one belongs to a blood group. A stupid man is born a stupid man by an act of Providence.”

Here’s a short video overview, set to music, of the Five Basic Laws of Human Stupidity.
The comments are open, as always, for your Reader Tips.

One European’s Views of Conservatives

Baiting the Right 50 Comments

On this video I posted a while back, I recently received the following comment from a person in Ireland:

Arts and media are dominated by “liberals” (incorrect US usage) because conservatives fall into only two categories: the wealthy and powerful, and the stupid and fearful. “Liberals” view life as something to be enjoyed, protected, and shared, and so many of them become writers, teachers, comedians, artists, actors, etc. Conservatives worship suffering, oppression, and hierarchy, so they gravitate toward business and finance where they can dominate others, or stick to miserable manual labor.

One wonders if such views are indicative of those throughout much of Western Europe?

What’s The Opposite Of Diversity?

Freespeechers 24 Comments

University!

“The people who believe that colleges and universities are places where we want less freedom of speech have won,” Mr. Lukianoff says. “If anything, there should be even greater freedom of speech on college campuses. But now things have been turned around to give campus communities the expectation that if someone’s feelings are hurt by something that is said, the university will protect that person. As soon as you allow something as vague as Big Brother protecting your feelings, anything and everything can be punished.”

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