Damian Brooks, with the help of the National Post’s Mike Blanchfield, puts the cost of the Afghan mission in perspective. I won’t exerpt any of it, just go read Canada’s number one site for military analysis for yourself.
No Carbon Taxes
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No Carbon Taxes – a new website sponsored by the Canadian Taxpayers Federation. Check out their petition drive and help spread the word. |
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Y2Kyoto: First They Came For The Polar Bears
Then, they came for the sheep guts.
So it’s not all bad!
Time Is Drawing Short
For the Doomsday Quadruplets* to inspire a run on the banks;
Canada has the world’s soundest banking system, closely followed by Sweden, Luxembourg and Australia, a survey by the World Economic Forum has found as financial crisis and bank failures shake world markets.
John Gormley Live On CPAC
The Gormley show will be televised on CPAC today. Yours truly is scheduled to make an appearance via phone, but we shall see.
I’m hoping he has the Chernenkoffs booked.
Y2Kyoto: Global End Times
Note REVISED SCHEDULE – The End Of Civilization As We Know It has been pre-empted by the End Of Civilization As We Know It.
Knights Of The Long Knives
It’s ironic that the guy known for stooping to any low to win, has to come out of retirement to school the Doomsday Quadruplets in the intricasies of public confidence in our institutions. Where is the media in pointing out this amateur hour of Chicken Littles.
They’re busy missing the sound of Bob Rae, sharpening his knife.
More Evidence
That Canadians would benefit from a good famine*.
Elasticity Of Demand
[CD Howe economist] Jack Mintz does not sound as supportive of the Liberal Green Shift as the Liberals make him out to be. What I would like to note two things. In terms of the tax itself, Mintz does not seem to think the Green Shift would obtain the targets the Liberals need to obtain to meet the Kyoto Accord. Secondly Mintz seems to think that the Conservative plan is much more effective at the real goal of meeting the targets themselves.
A tangentially related 25 billion dollar mystery…
[the Liberals] say they will borrow $25 Billion to fund post secondary education, but this will somehow be done outside the Government of Canada spending envelope and promised debt reduction.
Reader Tips
Good evening ladies and gentlemen, welcome to SDA Late Nite Radio. Tonight, for your delectation and pursuant to our Wednesday night comedy show and Tuesday’s upcomming spectacular, here are Monty Python performing their Election Night Special sketch (5:22).
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Your Reader Tips are, as always, welcome in the comments.
Home Sweet Home
“Saskatchewan is expected to lead all provinces in growth both this year and next year with overall GDP rising 3.9% and 3.5%, respectively, because the province is enjoying very high prices for most of its key exports, including grains, oil, potash and uranium,” the RBC forecast says.
Although commodity prices have come off recent highs, they are expected to stay at historically high levels and support business and household spending, RBC says.
It’s amazing what happens when the chains of socialism are removed from an economy. On the other hand, it’s no surprise what happens when socialism (Fannie and Freddy) is allowed to mix freely with capitalism.
Knights Of The Long Knives
If You Build It
“Nebraska’s “safe haven” law, intended to allow parents to anonymously hand over an infant to a hospital without being prosecuted, isn’t working out as planned….”
(Cue the left – “But it’s better than leaving them in a Wal-Mart toilet!”)
h/t
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.
Seven Year American Recession Watch Remains On High Alert
– The National Association of Realtors says pending home [sales] rose 7.4% from July to August, an unexpected piece of positive news for the battered U.S. housing market.
The group said Wednesday its seasonally adjusted index of pending sales for existing homes rose to 93.4 from an upwardly revised July reading of 87. The reading was the highest since June 2007.
Higher demand brought about by lower prices. Who could have predicted such a thing?
h/t Tech1
The Green Shaft: Rae Contradicts Dion
Rae maintained Canadians really won’t know the true state of the nation’s books until a Liberal government takes power. But he too made an interesting concession to the impact of severe economic turbulence.
The Liberal Green Shift carbon-tax plan, said Rae, could also face a delayed implementation.
“Any government coming in has to take circumstances into account, but the direction is very clear,” said Rae.
Steve Janke asks a good question;
If the Green Shift is truly revenue neutral for the government, then why the delay? If the Green Shift is supposed to help most Canadians, then why the delay?
Garth Porn
Featured Comment
“The fact that the decline in Harper’s fortunes seems to go lock step with a decline in the stock market indicates that the entitlement psychology has spread far beyond starving artists and cranky university students: apparently middle class Canadians now feel “entitled” to a rising stock portfolio and soaring real estate values, and feel that it is the job of the state to guarantee those things.”
Bingo.
Palin Email Hacker Arrested
Name and party identity of his “lawmaker” father remains at large.
What Would We Do Without Experts?
Goldman Sachs said $175 crude “represents the price level required to maintain trend economic growth against our anemic supply growth forecasts, assuming growth in the US re-accelerates early next year”.
An industry expert last month claimed oil prices could top $300 per barrel within the next five years, describing current highs of $100 a barrel as “cheap”.
“Oil for June delivery settled at $118.75 a barrel Monday on the New York Mercantile Exchange after earlier touching a record $119.93. Longer-term oil futures, dated for 2013, now trade at $108 a barrel, a strong indication that investors see little cause for prices to drop in the next five years – partly because of low expectations about production growth.
The outlook for oil supplies “signals a period of unprecedented scarcity,” an analyst at CIBC World Markets, Jeff Rubin, said last week.”
The CEO of France’s Total SA predicted Wednesday that oil prices will stay high for a long time and said consumers should get used to it. […] “The price of hydrocarbons will stay high for a long time,” he said, adding, “There will not be any more oil at the end of this century” than there is now.
“Tighter credit does two things. It slows down global economic growth and, by definition, it also slows down energy demand,” said Fadel Gheit, senior energy analyst for Oppenheimer & Co.
The nation’s economic prospects were much stronger a year ago, he said, when oil was trading at $75 a barrel and gasoline sold for an average of $2.77 a gallon nationally and $2.99 a gallon in California.
Oil could drop as low as $60 a barrel by the end of the year, Gheit said.
Now excuse me while I go take a nap until the doomsday-depression crowd is finished with their 15 minutes.
Update: Related.