July 24, 2009

Recession is over: Bank of Canada

"[The] challenge is to now make our economy healthy once more."

Yeah, right. Everything's fine, we just need an economic recovery. Not from recession, you understand, but from a bout of economic ill health (see next two items).

What this means is that, as you won't spend, the government will spend extravagantly on your behalf -- you know, on all those projects we couldn't afford in good times. Such pointless spending will make it seem like we're back to normal.

Who will pay your share of the bill for tens of billions for random pork barrel projects? You, obviously.

How will the government make you pay when you're cutting your expenditures because you don't have the money? The government will print the money, which will cause the loonie to fall, not against the US greenback, but against the renmimbi and other Asian currencies, which will mean higher prices for everything. Your standard of living is about to be reduced.

On the upside, with a cheaper dollar, we'll lose manufacturing jobs more slowly and may even gain a few.

Is there a saner way of reviving the economy? Yes, a tarriff, which has the same effect as a devaluation of the currency, but without the idiotic wasteful "stimulus" spending on things we don't need or want.

Why doesn't the Government introduce a tarriff? Out of deference to global capital, which wants to remain free to sell globally, while locating production where labor is cheapest and least protected by health and safety standards and where the environment is protected weakly or not at all. A tarriff negates the advantages of globalization to the owners of capital.

And of course, the government just loves spending your money. And the people who receive the money, love it even more and no doubt make their appreciation known.

Montreal Gazette: Conusmer spending in Canada in sharp decline

Revenue from the GST (in April and May) dropped 37.9 per cent to $2.29 billion as consumers cut back on purchases.

UPS and D Post deliver warning

The recession's over folks. Just nobody sending parcels any more.

BC's sales tax harmonization a tax grab?

Painting Obama the Enemy Will Hurt Israel Badly

9/11: What the US Government learnt from Adolph Hitler

The cover-up of 911 consisted largely of the overt destruction of forensic evidence. It followed an obvious pattern. Physical, forensic evidence was ordered removed and destroyed and was, in fact, never seen again. Other evidence, photographs, video footage, and various once-public documents presumably beyond the reach of complicit officials, was suppressed. ...

CSIS used evidence from torture and handed suspects for interrogation to abusive states

Afghan MP Calls For Demonstrations Against War in Afghanistan

Times Colonist: Swine flue vaccine may harm you: Public health expert

Kumanan Wilson, Canada research chair in public health at the University of Ottawa, said in an interview with Canwest News Service that children and adults could be exposed to an incompletely tested vaccine and that a compensation scheme is needed to encourage the public to buy into any mass immunization program.

Globe and Mail: Canadian healthcare workers made refuse flu vaccination a serious outbreak of H1N1, the unwillingness of large numbers of doctors, nurses, paramedics and others could lead to soaring absenteeism rates, draining the health-care system of workers just as they are needed most.

If healthcare workers including doctors and nurses are so reluctant to be vaccinated against swine flu, why would anyone else in the right mind agree to be vaccinated?

Global depopulation by compulsory flue vaccination?

WHO has the authority to force everyone in those 194 countries to take a vaccine this fall at gunpoint, impose quarantines and restrict travel.

There is verifiable, clear and unambiguous proof that WHO supplied the live bird flu virus to Baxter's subsidiary in Austria, which was used by Baxter to manufacture 72 kilos of vaccine material in Febuary.

Baxter subsequently sent this material out to 16 labs in four countries under a false label designating the contaminated product as vaccine material, so nearly triggering a global pandemic.

Because Baxter must adhere to strict biosafety level 3 regulations when handling a dangerus virus such as the bird flu virus, the production and distribution of so much pandemic material cannot have been an accident but must have been done by Baxter with criminal intent.

The Austrian police are now investigating ...

BBC October, 2004: Killer flu recreated in the lab

US, Japanese Researchers Mix Samples of 1918 Flu Pandemic to Recreate Deadly Code

Canadian Doctor. H1N1 Vaccination: A Eugenics Weapon for "Massive and Targeted Reduction of the World Population"

Canadian doctor Ghislaine Lanctôt, author of the Medical Mafia, has underscored the lawsuit recently filed by Austrian journalist Jane Bürgermeister against the WHO, the UN, and several high ranking government and corporate officials. Bürgermeister has documented how an international corporate criminal syndicate plans to unleash a deadly flu virus and institute a forced vaccination program.

Ericsson to Acquire Nortel Unit for $1.13 Billion

U.S. auto fleet fuel economy 3% better than the Model T

Hah. But now GM has stopped thinking about one thousand horse power concept cars watch the MPG numbers soar.

Energy industry game changers

Only 26% of U.S. Democrats support Obama's war in Afghanistan

And not so many as before support Obama.

U.K. Economy continues contraction

Iran to Israel: Strike our nuclear facilities, we will strike yours

There is a certain logic to that.

Peter Schiff: U.S. National Bankruptcy - No Exit

U.S. admits it has no case against teen held at Guantanamo

In a hearing last week, U.S. District Judge Ellen Segal Huvelle ruled that Mohammed Jawad's confession to Afghan officials was inadmissible because it had been extracted through torture. She also questioned whether the Justice Department had any evidence to proceed with a trial to determine whether he can be held as an enemy combatant.

At one time your opponent in war had certain rights if taken prisoner. Now, apparently, the U.S. treats enemy soldiers as criminals. A sure way to encourage the enemy never to be taken alive.

with electricity from coal, electric vehicles beat gas in CO2 emissions

They probably beat hydrogen or fuel-cell powered vehicles also. And mostly they use off-peak power, which means they necessitate no large increase in generating plant.

Magnetic forces to blame for 9/11 tower collapse

So you can quit wondering how the roof of Building 7 fell at free-fall speed though tens of thousands of tons of structural steel and concrete without explosives to blast the obstructing mass out of the way. It was the magnets that Al Qaeda secretly installed.

As Biden visits Georgia, Russia warns against supplying weapons

RUSSIA has warned it will not allow Georgia to rearm and will sever military co-operation with any country that supplies Tbilisi with weapons.

Now we see why Russia granted the United States a corridor across Russia for the delivery of lethal supplies to NATO forces in Afghanistan. You wish our military co-operation to continue?

Bulldozing American cities wholesale

With a one-child population control policy, we soon won't need half these damn cities full of hopeless people wanting jobs, education for their children, healthcare, food stamps ...

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