Thursday, May 29, 2014

Fw: Daily Digest MAY 28, 2014

--- On Wed, 5/28/14, Joe Hueglin <phoenix.rising@bellnet.ca> wrote:

> From: Joe Hueglin <phoenix.rising@bellnet.ca>
> Subject: Daily Digest MAY 28, 2014
> To: "CANADIAN DAILY DIGEST" <phoenix.rising@bellnet.ca>
> Date: Wednesday, May 28, 2014, 10:09 PM
>
>
>
>
> The
> DAILY
> DIGEST:
> INFORMATION
> and OPINION
> from ST.
> JOHN'S to VICTORIA.
>
> ARCHIVED at
>
> http://cdndailydigest.blogspot.com/
>
>
> OPINION AND INFORMATION
>
>
> >>>>>>>>>>CANADA<<<<<<<<<<
>
>
>
> >>>>>>>>>>>>>>>HEADLINES
> ACROSS
> CANADA<<<<<<<<<<<<<<<<
>
> CBCRritish
> Columbia
> »Calgary
> Edmonton
> »Saskatchewan»
> Manitoba»
> Thunder Bay»
> Sudbury »
> Windsor »
> Kitchener-Waterloo
> Hamilton
> Toronto
> »Ottawa
> Montreal
> »New Brunswick 
> Prince Edward Island
> Nova Scotia
> »Newfoundland &
> Labrador
> North
> CTV Atlantic 
> CTV Montreal 
> CTV Ottawa 
> CTV Toronto 
> CTV Northern
> Ontario  CTV
> Kitchener
> CTV Winnipeg 
> CTV Regina
> CTVSaskatoon 
> CTV Calgary 
> CTV Edmonton 
> CTV British
> Columbia
>
>
> >>>>>>>>>>>>>>>CP<<<<<<<<<<<<<<<
> Hudak,
>
>
> PM chooses senior federal Justice lawyer to be next privacy
> commissioner
>
>         
>
> Trust politicians with spy secrets: Dallaire
>
>
>
> Trudeau fires back in lawsuit, says blocked candidate author
> of own
> misfortune
>
>         
>
> Tim Hudak defends million jobs' math
>
>
>
> Transcontinental to sell 34 papers
>
>         
>
> Wynne won't rule out NDP coalition
>
>
>
> NDP waiting for feds on pensions: Horwath
>
>         
>
> New Tory defence shopping list for military will be a work
> in
> progress
>
>
>
> Today on the Hill: Harper heads to Toronto for maternal,
> child health
> summit
>
>         
>
> Chiefs reject First Nations education bill
>
>
>
> >>>>>>>>>>>>>>>CBC<<<<<<<<<<<<<<<
>
>
> Davie shipyard challenges feds' $36B plan
>
>         
>
> Liberal motion on TFW program calls for complaint system,
> mandatory
> audits
>
>
>
> Romeo Dallaire, Liberal senator, retiring from Parliament
>
>         
>
> More subplots in the search for a 'right-minded' Supreme
> Court
> judge
>
> New technology could help seniors stay independent
> longer video
>
>         
>
> BlackBerry's global market share predicted to fall to
> 0.3% by 2018
>
> read 34comments
>
>
> Ontario Votes: Hudak defends math used in million jobs
> plan
>
> read 475comments
>
>         
>
> 'Integrity can't be bought,' Mark Carney tells
> bankers
>
> read 453comments
>
>
> Want your daughter to aim high, Dad? Do more housework
>
> read 709comments
>
>          VIDEO
>
> Dionne quintuplets' birth marked 80 years later
> video
>
>
>
> >>>>>>>>>>>>>>>Canada.com<<<<<<<<<<<<<<<
>
>
> Environmental groups fire legal warning shots at energy
> companies over
> climate change
>
>         
>
> Reevely: Tories' pledge would limit province's power
> to fight
> recessions
>
>
>
> Dallaire: Raising awareness of veterans' health,
> children in
> war
>         
>
> Judge allows conspiracy charge to proceed at Vancouver gang
> murder
> trial
>
>
> NDP palliative-care motion gets through Commons, now up to
> Tories to
> respond
>
>         
>
> Female Hodgkin survivors need breast cancer screening:
> study
>
>
> Melanoma now one of fastest-growing types of cancer in
> Canada
>
>         
>
> Skin cancer facts
>
>
> More information: Melanoma
>
>         
>
> Cutting Your Cancer Risk
>
>
> Protecting yourself from skin cancer
>
>         
>
> Health Canada seeks input from patients on drug shortages
>
>
>
> >>>>>>>>>>>>>>>SUN
> NEWS<<<<<<<<<<<<<<<
>
>
> Horwath promises caretaker tax credit
>
>         
>
> Porn star Nikki Benz unable to register in Toronto mayoral
> race
>
>
>
> Minister hits back at Bar Association for criticizing new
> immigration
> bill
>
>         
>
> Harper talks with Ukrainian counterpart
>
>
>
> Wynne's team violates school board's computer use
> policy during campaign
> stop
>
>         
>
> Jim Prentice vows to 'minimize and cap' Alberta's
> debt
>
>
>
> Alberta hikes minimum
> wage
> >>>>>>>>>>>>>>>The
> Tyee<<<<<<<<<<<<<<<
>
>
> Dear Parent of the Average Child
>
>          A
> confession and apology from your daughter's busy
> teacher.
>
>
> Vancouver Cycling Is Improving, but What about Its
> Neighbours?
>
>          In time
> for Bike to Work Week, experts imagine a Metro-wide
> network.
>
>
> In Spite of Cuts, CBC Should Take Risks
>
>          An
> open-source Netflix competitor? How CBC could revolutionize
> Canadian
> broadcast.
>
>
> Locked and Loaded with Male Power Fantasies
>
>          How the
> gun industry preys on paranoid, insecure men like Elliot
> Rodger.
>
>
> VIDEO: American Gun Nut Update
>
>         
>
> Can We Innovate a Way out of the War on Drugs?
>
> At Social Innovation Week, a call to rethink our framing and
> solutions
> for drug abuse.
>
>         
>
> Keystone XL hit with unprecedented safety conditions
>
>
> >>>>>>>>>>>>>>>Vancouver
> Observer<<<<<<<<<<<<<<<
>
>
> Enbridge approval could shake up Conservative majority in
> 2015
>
>
>          If you're
> one of
> the 21 Conservative Members of Parliament in BC, what are
> you thinking
> right now as the decision on Enbridge draws near?
>
>
>
> B.C. universities pressured to divest from fossil fuels
>
>
>
>          UBC, SFU,
> and
> UVic face growing calls from faculty and students to sell
> off oil, gas
> and coal companies from pension funds and endowments.
>
>
>
> Update: BC teachers begin rotating strike today
>
>
>
> >>>>>>>>>>>>>>>BOURQUE
> NEWS<<<<<<<<<<<<<<<
>
>
> The Byliners & Co ..
>
> Bronskill:
>
> Spies gather personal info for cyberdefence
>
> Gunter:
>
> Pipeline dithering comes at a cost
>
> Payton:
>
> Carson says Harper knew about his past
>
> Stephenson:
>
> Cronyism a cancer on our system
>
> Vincent:
>
> Trudeau support dips
>
>
>
> Wynne won't rule out NDP coalition
>
>
>
> As Tim defends his math ..
>
>
>
> Economists poke holes in Hudak's job-creation plan
>
> Leaving on a
> jet plane
> ?
>
>
> RCMP release few details in 24 Sussex incident
>
>
>
> >>>>>>>>>>>>>>>NATIONAL
> NEWSWATCH<<<<<<<<<<<<<<<
>
>
>
> Justin Trudeau, Liberal support, dip over pro-choice stance
>
>
>         
>
> Harper changes Canada, a cut at a time
>
>
>
> Quebec vote teaches that scandals won't bruise Wynne
>
>         
>
> Crazy eights: The weird numbers behind Hudak's jobs
> strategy
>
>
>
> Federal New Democrats anxiously watch Horwath campaign
>
>         
>
> Cronyism a cancer on our system
>
>
>
> Pipeline dithering comes at a cost
>
>         
>
> NDP Leader Andrea Horwath finally comes out punching
>
>
> The
> art of the
> (very) local campaign promise
>
>         
> PC
> race off on
> right foot with policy trumping projects
>
>
>
> More subplots in the search for a 'right-minded' Supreme
> Court judge
>
>         
>
> Bruce Carson says Stephen Harper knew about his past
>
>
>
> Poll suggests Tories far behind in northern ridings after
> Tim Hudak skips
> debate
>
>         
>
> Feds refuse to say if John Lynn fired from ECBC, receiving
> severance
>
>
>
> Former Supreme Court judge critical of both Harper and
> court's ruling on
> Marc Nadon
>
>         
>
> Tony Clement claims cabinet secrecy over EU trade deal
> compensation
>
>
>
> Documents suggest Ottawa could amend Constitution to allow
> federal court
> judges from Quebec on top bench
>
>         
>
> PCO email chain raises more questions about RCMP's
> decision to drop
> investigation into Wright, says NDP
>
>
>
>
> Harper Government Wanted Meeting With Psy In 2012, Documents
> Reveal
>
>         
>
> Electronic spy agency gathers personal information in
> cyberdefence
> role
>
>
>
> The Gargoyle: New study says Senate's reputation took
> worse hit than Rob
> Ford
>
>         
>
> EI reforms cost P.E.I. $20-million, Ghiz says
>
>
>
> Harcourt in no rush to the return to the BCNDP
>
>         
> Ottawa
> solicits Quebec's input on vacant Supreme Court judgeship
>
> RCMP
> release few details of incident at 24 Sussex Drive
>
>         
> Liberal
> motion
> on TFW program calls for complaint system, mandatory audits
>
> Federal
> Liberals score the highest on the Nanos Party Power
> Index
> >>>>>>>>>>>>>>>FOREIGN
> AFFAIRS<<<<<<<<<<<<<<<
>
>
>
>
> >>>>>>>>>>>>>>>Reader
> Supported
> News<<<<<<<<<<<<<<<
>
> Steve Weissman | Europe's Hard Right: In Hitler's
> Footsteps?
>
> READ MORE
>
>          Edward
> Snowden: 'I Was Trained as a Spy'
>
> READ MORE
>
> Obama to Map Out New Chapter in US Foreign Policy in West
> Point
> Address
>
> READ MORE
>
>         
> Americans Overwhelmingly Side With Hillary Clinton Over Karl
> Rove in
> Brain Flap
>
> READ MORE
>
> Calm Returns After Battle as East Ukraine City Awaits
> Fate
>
> READ MORE
>
>          Moms
> Want Monsanto to Stop Using a Herbicide That's Made its
> Way Into Breast
> Milk
>
> READ MORE
>
> 9,800 Troops in Afghanistan
>
> READ MORE
>
>          Michael
> T. Klare | Let Them Eat Carbon
>
> READ MORE
>
> The Internet as We Know It Is Dying
>
> READ MORE
>
>          IMF
> Chief Says Banks Haven't Changed Since Financial
> Crisis
>
> READ MORE
>
>
> Insuring the Dead: Inside the Business of
> Corpse-Repatriation
> Insurance
>
> READ MORE
>
>          World
> Protests Monsanto Grip on Food Supply Chain
>
> READ MORE
>
> Robert Parry | NYT's One-Sided Ukraine Narrative
>
> READ MORE
>
>          Privacy
> Under Attack: The NSA Files Revealed New Threats to
> Democracy
>
> READ MORE
>
> More Than 50 Rebels Killed in Biggest Ukraine Government
> Assault
>
> READ MORE
>
>          US
> Trains African Commandos to Fight Terrorism
>
> READ MORE
>
>
>
> >>>>>>>>>>>>>>>Activist
> Post<<<<<<<<<<<<<<<
>
>
> Soros Admits Responsibility for Coup and Mass Murder in
> Ukraine
>
>         
>
> Edward Snowden To Be Interviewed By NBC News Tonight
>
>
> Are You Talking to a Provocateur?
>
>         
>
> Fukushima debris begins hitting the shores of Washington
> state
>
>
> Germany hit for dropping NSA probe plan
>
>         
>
> Minnesota 'unsession' dumps 1,175 obsolete, silly
> laws
>
>
> NJ Assembly Unanimously Passes Bill to Legalize Selling
> Homemade
> Food
>
>         
>
> The Founding Fathers Would Have Protected Your Smartphone
>
>
>
> Are human rights activists today's warmongers?
>
>         
>
> White House admits staging fake vaccination operation to
> gather DNA from
> the public
>
>
>
> Blasting drugs into your brain with ultrasound
>
>         
>
> Merck issues mass recall of Gardasil vaccines over glass
> shard
> contaminants
>
>
> Perspective: Elliot Rodger's Rampage…Enough!
>
>         
>
> 20 Big
>
>
> Box Retailers Take Major Losses In First Quarter
>
>
>
> Data brokers use 'billions' of data points to profile
> Americans
>
>         
>
> FDA Approves Many Drugs They Know Increase Heart and Stroke
> Risk
>
>
> What You Are Not Being Told About The Secret & Law Of
> Attraction
>
>         
>
>
> Report: Shadow Economy Thriving in Developing Countries
>
>
> Top Biochemist Calls to Abolish Smart Meters, WiFi in
> Schools & Baby
> Monitors
>
>         
>
> The Role of NATO and the EU on Brzezinski's Grand
> Chessboard
>
>
>
>
> Big Biotech Seeks to Rule EU
>
>         
>
> Asthma: Why So Many Attacks?
>
>
>
> Feds Ignore States Rights and Medical Evidence in Raiding
> Legal Weed
> States
>
>         
>
> How effective is electromagnetic thought control?
>
>
>
> Size Of Derivatives Bubble Hanging Over Global Economy Hits
> A Record
> High
>         
>
> How Psychedelics Are Saving Lives
>
>
> How Mercury Triggered The Age Of Autism
>
>         
>
> Russia and China Working Together To Organize Global
> "De-dollarization"
>
>
> The Real Agenda Behind Common Core
>
>
>
> >>>>>>>>>>>>>>>
> http://consortiumnews.com/
> <<<<<<<<<<<<<<<
>
> Premature US Victory-Dancing on Ukraine
>
> Read more
>
>          One More
> Casualty of US Wars
>
> Read more
>
> Pope Francis Prays at Two Israeli Walls
>
> Read more
>
>          Can Obama
> Speak Strongly for Peace?
>
> Read more
>
> Doubting Obama's Resolve to Do Right
>
> Read more
>
>
> >>>>>>>>>>>>>>>The
> Globalist<<<<<<<<<<<<<<<OKAY
>
>
> The Rise of the "Little Englanders"
>
>         
>
> European Election: Business as Usual
>
>
> M
> odi
>
> : He's the One! Or Is He?
>
>         
>
> The NRA: Still America's Cosa Nostra
>
>
>
> From the Ruins of Empire: The Revolt Against the West and
> the Remaking of
> Asia
>
>         
>
> Russia Pivots To Asia
>
>
>
> Finger-Wagging Over Asian Health Risks
>
>         
>
> Asia Searches for Its Path to the Future
>
>
>
> 5 Uplifting Things About Haiti
>
>
> TOUTES LES NOUVELLES PUBLIÉES DEPUIS 24
> HEURES
> Californie
> «¤»¥«¤»«¤»¥«¤»§«¤»¥«¤»«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»
>
> SENATE DEBATE ON Bill C-23, An Act to amend the Canada
> Elections Act
> The "Fair Elections Act" is the perfect short
> title for
> this bill because its provisions will make federal elections
> more fair.
>
>
> http://www.parl.gc.ca/Content/Sen/Chamber/412/Debates/062db_2014-05-27-e.htm
> Do y'all agree?
>
>
>
> BELOW(30)(30)(30)(30)(30)30)(30)(30)(30)(30)(30)30)(30)(30)(30)(30)(30)30)(30)(30)(30)(30)(30)(30)(30)(30)30)(30)(30)(30)(30)30)30)(30)(30)
>
> .
>
> From: Mahmood Elahi
>
> To: <ai@the-american-interest.com>
>
> Subject: Exhausted by bloody wars  in Afghanistan and
> Iraq, U.S. is
> suffering from combat fatigue
>
>
> The Editor
>
> The American Interest, Washington D.C.
>
> Copy to: Mr. Richard N. Haass, President, Council on
> Foreign
> Relations, New York.
>
>  
>
> Exhausted by two bloody
> wars in
> Afghanistan and Iraq, US is suffering from combat fatigue
>
>  
>
> Re "America Self-Contained," by Richard N. Haass
> (May-June
> 2014).
>
>  
>
> Richard N. Haass is right when he says: "Yet history
> shows time and
> again that it can be difficult to oust a leader, and even
> when he is not,
> it can be extremely difficult to help bring about a stable,
> alternative
> authority that is better in terms of American preferences.
> The result is
> that the United States often finds itself with an
> uncomfortable choice:
> Either it must back off its declared goals, which makes it
> look feckless
> and encourages widespread defiance, or it has to make good
> on its aims,
> which would require enormous invesrtment in blood treasure
> and time
> rarely justified by the interests or  results. The
> Obama
> administration, wary of anything that would lead to a
> long-term,
> large-scale deployment on the scale  of either Iraq or
> Afghanistan
> has largely opted for the former."
>
>  
>
> In fact, exhausted by two long bloody wars in Afghanistan
> and Iraq, most
> Americans seem to be suffering from what can be called the
> "terminal
> combat fatigue syndrome" : the reluctance to shed any
> more American
> blood and treasure in far-off lands, unless the U.S.
> security is directly
> threatened. They have  reasons to be combat-shy. Tens
> of thousands
> of Americans were killed and hundreds of thousands seriously
> maimed in
> the wars that were supposed to be short and casualties were
> expected to
> be minimal. So, naturally, most Americans are wary to get
> involved in any
> new wars in distant lands. All polls show that more 65
> percent of
> Americans are opposed to sacrificing American lives in what
> they consider
> other peoples' wars. President Obama is simply
> responding to this public
> opposition to any military intervention in distant lands. If
> Mr. Romney
> were the president, he would have done the same. In a
> democracy, no
> political leader can defy the public without paying a price.
> This was the
> reason why then President Fraklin D. Roosevelt could only
> intervene only
> after the Japanese attack on Pearl Harbor, even though he
> thought 
> Germany should be stopped from occupying other countries in
> Europe during
> the Second World.
>
>  
>
> And opposition to any military intervention is coming from
> both the right
> and the left of the political spectrum. The right is opposed
> to military
> intervention because it would cost taxpayers. The right
> believes any
> money spent on foreign wars delays tax cuts on a massive
> scale. The left
> believes that the money spent on foreign military
> interventions is a
> missed opportunty to improve health care and education.
> "There has
> to be money spent when you buy Tomahawk missiles to lob over
> Damascus," told David A. Dickerson, a leader of Barren
> County
> Patriots in Kentucky, the New York Times in September
> 12, 2013
> when U.S. missile strike in response to Syrian President
> Bashar Assad's
> use of chemical weapons  against his own people seemed
> imminent.
> "My feeling is we don't need to involve ourselves
> in a civil war
> halfway around the world when we have the needs we have at
> home, like
> brininging spending under control." This view is
> equally shared by
> progressive Democrats. "We are not the world's
> policeman, nor its
> judge and jury," proclaimed Representative Alan Grayson
> , a
> progressive Florida Democrat. "Our own needs in America
> are great,
> and they come first."
>
>  
>
> Facing the dual pressures of combat fatigue and financial
> crunch, the
> United States has become the proverbial Prometheus chained
> as powerful
> forces within America will not allow it to respond
> militarily to various
> international conflicts raging across the globe, with no
> politician is
> ready to act as Hercules to unchain it.  This explains
> why the
> United States has refused to intervene militarily in the
> Syrian conflict
> which has been going on for three years and counting. This
> also explains
> why the United States has not responded militarily to the
> annexation of
> Crimea by Russia. The same explains its refusal to draw any
> "red
> line" to Iran's nuclear program.
>
>  
>
> To compensate for U.S. reluctance to act as a global cop,
> regional powers
> like France, Britain, Italy and others will have to play a
> bigger role in
> restoring international order. France is apparently doing it
> in Mali and
> Central African Republic. But France cannot alone do it.
> Other European
> countries should join in the effort. Germany still suffers
> from combat
> fatigue resulting from its role in the two world wars.
> However, acting in
> concert with other nations will be less burdensome for
> Germany and will
> be welcomed by others. The same applies to Japan -- a
> regional power in
> the Asia-Pacific. As for the United States, it can provide
> logistic
> support to regional powers. As Anne Appelbaum wrote in the
> Washington
> Post: "If America is to enjoy 'peace in our
> time' -- an
> expression now deployed by both Barack Obama and Neville
> Chamberlain --
> while the rest of the world remains at war, then someone
> else will fill
> the vacuum. .... Europe may not be the best superpower. But
> it's the only
> one we've got."
>
>  
>
> MAHMOOD ELAHI
>
> _______
>
> From: <omega51@sympatico.ca>
>
> To: "letters@nationalpost.com ...snip...
> joe.hueglin@bellnet.ca>
>
> Subject: FW: It's time to hold "craven,
> irresponsible politicians
> and the NRA" accountable
>
>
> The Editor
>
> National Post, Toronto
>
>
> Copy to: Mr. Dan Gross, President, Brady Campaign to
> Prevent Gun
> Violence, Washington DC: It is time to amend the 18th
> century Second
> Amendment which is being misused to glorify ownership of
> gun.
> Gun-ownership is a privilege and not a right and proper
> safeguards must
> be in place to stem its misuse.
>
>
> To Prevent Gun
> Violence, America
> Should Listen to Mahatma Gandhi
>
>
> Mahatma Gandhi once remarked:
> "I prefer an
> enemy without gun to a friend with gun." As if to prove
> his point,
> Nathuram Godse, a former acolyte and a newspaper editor who
> had become
> angry over what he thought Gandhi's bias toward
> India's Muslim minority,
> shot him dead with a concealed handgun he was carrying.
> Earlier, Nathuram
> Godse wrote columns supporting Gandhi when he was leading
> his nonviolent
> political movement against the British colonial rule, but he
> turned
> against Gandhi because he thought Gandhi's compassion
> for the Muslim
> minority was hurting the Hindu majority. He proved that
> people with guns
> can harm their friends if they become angry.
>
>
> Now in the United States, mentally sick people are shooting
> their near
> and dear ones because they angry for no apparent reasons.
> Adam Lanza, the
> Sandy Hook mass shooter, shot his own mother with her own
> assault rifle
> before shooting scores of innocent children at an elementary
> school. Last
> week, another disgruntled youngman shot scores of people,
> mostly women,
> to vent his frustration over his failure to have a romantic
> relation.
> Although he posted his diatribes on video, he could legally
> purchase guns
> without any check.
>
>
> The ongoing gun violence in America is greatly facilitated
> by the
> so-called Second Amendment enshrining citizens' right to
> bear arms
> proclaimed in the 18th century when the infant American
> republic didn't
> have a standing army and had to depend on citizens'
> militias for defense.
> Today, as a military superpower, it doesn't need such a
> militia. As such,
> guns in private hands can no longer be justified. It is time
> for America
> to amend the 18th century Second Amendment and make it in
> tune with the
> 21st century.
>
>
> Gun-ownership is a privilege, not a right. Americans should
> listen to
> Mahatma Gandhi who warned against the misuse of guns by
> people who are
> ready to shoot for contrived reasons. Gun ownership must be
> properly
> regulated and proper background and psychological checks
> must be made
> before anyone is allowed to purchase a gun.
>
>
> MAHMOO D ELAHI
>
>
> ===================================
>
> From: "S Booiman"
>
> Subject: bilingual
>
>
> Daniel Therrien  another Quebec bilingual
>
>  
>
> Suan
>
>
> Prime
> Minister Stephen
> Harper NOMINATES NEXT PRIVACY COMMISSIONER
>
> May 28,
> 2014                       
> Ottawa,
> Ontario                          
> Prime Minister’s Office
>
> Introduction
>
> Prime Minister Stephen Harper today announced the
> nomination of
> Daniel Therrien as the next Privacy Commissioner.
>
>
>
> Biographical Notes: Daniel Therrien
>
>
> ===================================
>
> From: Larry Kazdan
>
> Subject: National Debt
>
>
>
>
>
> Re:
>
>
> The National Debt has increased during the time
> period.  $30
> billion because of lowered taxes. Can someone please
> estimate how much
> addition debt due to interest costs?
>
>
> Until now...and projected until paid down in the
> future.
>
>
> Joe, the likelihood is that this addition to the public
> debt will
> never be paid down, nor should that in itself be a major
> concern. 
> An explanation follows below.  Note that economist Bill
> Mitchell is
> talking about countries with fiat currencies, such as 
> Canada:
>
>
>
>
> http://hir.harvard.edu/debt-deficits-and-modern-monetary-theory
>
>
>
> You'll hear many politicians speak of "paying down
> the national
> debt." What do you make of this refrain?
>
>
>
>
> The historical reality is that national governments very
> rarely run
> down their overall stock of debt. A debt instrument is a
> commitment by
> the national government to pay a certain principal at a
> specified time,
> and in the meantime pay some yield or interest on that debt.
> So
> governments pay back debt in that individualized context,
> but overall, in
> a macroeconomic sense, governments generally don't run
> down their overall
> stock of debt.
>
>
>
> There are some rare instances where governments have run
> down their
> overall stock of debt, like in Australia between 1996 and
> 2007. The
> conservative government of the period was enamored of this
> neoliberal
> idea that it would get rid of all its holdings of
> outstanding debt, and
> so it started running very large surpluses and paying back
> its debt.
> After about five years, the public bond markets became so
> thin­that is,
> there was such a small amount of debt left in the
> system­that the big
> investment banks started to protest, since they relied on
> government debt
> as a risk-free asset upon which to benchmark all other risk.
> Curiously,
> the Austrialian federal government agreed that even though
> it would
> continue to run budget surpluses, it would also continue to
> issue debt at
> a certain amount to ensure that the corporate sector would
> have its
> risk-free asset. So while the Wall Street Journal runs
> op-eds
> condemning the evils of debt, the reality is that the
> financial sector
> can't get enough of it. This is a very beautiful example
> of the function
> of debt in modern times.
>
>
>
> In MMT, we see public debt as private wealth and the
> interest
> payments as private income. The outstanding public debt is
> really just an
> expression of the accumulated budget deficits that have been
> run in the
> past. These budget deficits have added financial assets to
> the private
> sector, providing the demand for goods and services that
> have allowed us
> to maintain income growth. And that income growth has
> allowed us to save
> and accumulate financial assets at a far greater rate than
> we would have
> been able to without the deficits.
>
>
>
> The only issues a progressive person might have with
> public debt
> would be the equity considerations of who owns the debt and
> whether there
> an equitable provision of private wealth coming from the
> deficits. There
> is a debate to be had about that, but there is no reason to
> obsess over
> the level of outstanding public debt. The government can
> always honor its
> debt; it can never go bankrupt. There's no question that
> the debt
> obligations will be met. There's no risk. What's more,
> this debt provides
> firms, households, and others in the private sector a
> vehicle to park
> their saved wealth in a risk-free form.
>
>
> Larry Kazdan, Councillor
>
>
> World Federalist Movement-Canada
>
>
> Vancouver, B.C.
>
>
>  __________________________________________
>
>
> Campaign for a UN
> Parliamentary Assembly
>
>
>    Citizens' watchdog at the UN!
>
>
>    Please read the appeal text and
> endorse
> on-line.
>
>
> ______________________________________
>
>
> Modern Monetary Theory in Canada
>
>
>
> http://mmtincanada.jimdo.com/
> MMT in Canada -
> facebook
>
>
>
>
> ===================================
>
> From: Rebecca Gingrich
>
> ______
>
> Subject: Meet the modern-day voice of Canada's
> veterans  DD
>
>
> Joe--Michael Blais is showing us all the way to stand up to
> the corrupt
> governments that have us under their heels.  I pray
> that he has some
> impact on the self important criminals controlling our
> country.  As
> goes a Veteran so goes the rest of us.
>
> Becky
>
> _______
>
> Subject: a threat to the entire planet?
>
> US superpower status threat to all including Americans
>
>
>
> http://www.presstv.ir/detail/2014/05/26/364237/us-superpower-status-threat-to-all/
>
> _______
>
> Subject: Just another way to get rid of the population??
>
>
> Swiss group to allow assisted dying for elderly who are
> not
> terminally ill
>
> Exit adds 'suicide due to old age' to its statutes,
> giving people
> suffering from age-related problems the choice to end their
> life
>
>
> Maddy French  
>
>
> The Guardian, Monday 26 May 2014 16.27 BST
>
>
> http://www.theguardian.com/society/2014/may/26/swiss-exit-assisted-suicide-elderly-not-terminally-ill
>
>
> _______
>
> Subject: the USI will not stop until the whole world is up
> in flames
>
>
> Militant raid leads to disclosure of secret US program
> in Libya
>
>
>
> http://www.presstv.ir/detail/2014/05/28/364467/secret-us-program-revealed-in-libya/
>
> _______
>
> Subject: and we are supposed to worry about CO2 and GW???
>
> Monsanto's Roundup Found in 75% of Air and Rain
> Samples
>
>
>
> http://www.wakingtimes.com/2014/05/27/monsantos-roundup-found-75-air-rain-samples/
>
> _______
>
> Subject: Corporate Control of Agriculture is focus of Bill
> C-18, says
> NFU
>
>    DD
>
>
> Joe--has every one forgotten about Percy Schmeiser??
>
> Finally... Solo Farmer Fights Monsanto and Wins
>
>
> http://articles.mercola.com/sites/articles/archive/2011/12/25/percy-schmeiser-farmer-who-beat-monsanto.aspx
>
>
>
> Does anyone honestly believe that our governments
> stand with the
> farmers rather than the corporations??  C-18 is the way
> the
> government will make sure no other farmer takes on Monsanto
> and
> wins. 
>
>
> CETA and the TPP will negate any farmers rights to their
> seeds.
>
>
> How does Bill C-18 relate to CETA and the TPP?
>
> According to leaked texts of the
> proposed
> Canada©\EU trade agreement, CETA would give
> plant     
>
> breeders ¡°precautionary enforcement measures¡± ¡ª
> powerful new tools to
> enforce the rights granted by C©\18. 
>
> They would have the power to bring court actions alleging
> intellectual
> property rights infringement by farmers 
>
> in which the farmers¡¯ property could be seized and bank
> accounts frozen
> prior to hearing the merits of the 
>
> case. The materials and implements used to create the
> infringing articles
> (i.e. seeds) could be ordered 
>
> destroyed. 4 
>
> The Trans Pacific Partnership (TPP) is a multilateral
> trade and
> investment accord under negotiation that 
>
> includes the United States and Canada. The USA requires
> countries to put
> in place UPOV ¡¯91 as a condition of 
>
> entering any joint agreements, including the TPP. 
>
>
> Again our country is being given to corporations with the
> blessing of our
> government.
>
>
> Becky
>
> =====
>
> WHICH TERM DO YOU PREFER,
>
> Corporatocracy or Corporatism?
>
> ===================================
>
>
>
>
>
>