Canadian Exceptionalism

Not to worry. This provides a golden opportunity for the Bank of Canada to get interest rates down to the good old days of zero. If that doesn’t work, Justin can always blame Trump.

Canada had 1.5 million unemployed people in November, propelling its jobless rate to a near-eight-year high outside of the pandemic era and boosting chances of a large interest rate cut on Dec. 11.

…the youth unemployment rate for those aged between 15 and 24 years was the biggest contributor at 13.9 per cent.

 

Pop Guns For Putin

National Post- The most nonsensical Trudeau gun ban yet

So, if you were legitimately rounding up a bunch of guns “designed for the battlefield,” it would be very strange if that list contained a bunch of firearms chambered in .22 caliber.

But this one does. Most notably, the list includes the GSG-16, a .22- caliber “plinker” rifle that is occasionally sold in pink. There’s also several guns made to look like famous military rifles, but which have the very non-military capability of firing .22 bullets one at a time.

Trump’s Resounding Victory Has Broken Robert Reich’s Brain

Tears are flowin’ over at Robert Reich’s home:

The media has it all wrong about Trump’s picks for his administration. The conventional view is they’re “Trump loyalists” whom Trump “recruited”.

Rubbish.

First, they’re not loyalists; they’re subservient hacks.

There’s a crucial difference.

All politicians want their underlings to be loyal, but Trump wants them to be more loyal to him than to the nation, and he demands total subservience without regard to right or wrong.

Styx weighs in.

The case for, yes for, big wind at Weyburn

Assembly of a wind turbine near Assiniboia, SK, on Jan. 7, 2021. Photo by Brian Zinchuk

I worked on this story for many days with one of the proponents whose family will account for around half of the land assembly for the project. The number was initially a lot higher but the project has been changed and adapted. He has some strong points in favour of wind development, and they should be heard.

This is what they call “journalism,” as in telling multiple sides of a story. And no one else is writing in depth stories like this in Saskatchewan.

That being said, I have another wind story about a great day of wind production in Alberta on Sunday – 74 per cent output. That’s four orders of magnitude better than it was at noon precisely seven days before. But that also caused pool prices to hit zero for 12 hours.

Again, I point out the problem with no one making money is no one is making money. That’s unsustainable. And the proposed reforms in Alberta will make it much worse, by introducing negative pricing. Ridiculous! Nothing with intrinsic value should ever be zero. Ever.

 

 

“Power corrupts, and absolute power corrupts absolutely.”

That quote comes from Lord John Emerich Edward Dalberg Acton, who lived between 1834 and 1902.

Here’s a great interview with David Sacks, who will be Trump’s new AI and Crypto Czar and Chair of the President’s Council of Advisors on Science and Technology. He is one of a few openly non-Woke tech entrepreneurs in Silicon Valley.

Update: In the comments, Joe Butson recommends the All-In podcast, featuring David Sacks, Chamath Palihapitiya, and other interesting folks.

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