The Elementary Teachers Federation of Ontario wants schools named after Sir John A. Macdonald to change their name. In Balitmore the oldest statue of Christopher Columbus in the US was destroyed. While we’re removing repugnant symbols of the past – what about getting rid of the official US racist party who opposed ending slavery and was the champion of segregation – the Democratic Party.
35 million Canadians currently gets access to 300 million of the richest customers on the planet, 50% of Ontario’s economy is dependent on US/Canada Trade. A major disruption in trade would be a disaster, but common sense doesn’t matter when you have an ideaolgy.
The Federal Liberals contant message that they are doing everything for the “middle class” clearly resonates with voters, and it also provides cover when Justin Trudeau got caught breaking his own rules regarding pay for access at a dinner for Chinese billionaires. The Liberals do lots of things that hurt the middle class. For example one of their main six goals for the renegotiation of NAFTA that includes preserving a system that transfers wealth from the lowest earning 40% of families to a privileged group of just 13,500!
On Thursday the BC NDP/Green government held a news conference to announce that from here forward they would stop using cars, cease buying any goods transported by gas or diesel trucks, and immediately cease all air and ferry travel. Just kidding! Naturally they did no such thing, but they did promise to do everything they could to delay the Kinder Morgan Pipeline.
01:07 – 07:12 – Issac Newton’s 3rd law states “For every action, there is an equal and opposite reaction”. We have seen this physical law govern the investing world when for example the dot-com bubble rose spectacularily in 4 years to its highs, then reversed and collapsed all the way back to its starting point three years later. Anticipating when a major trend is going to change is arguably the underlying factor determining profits and losses. Newtons 3rd law is also applicable to to society in general, and with the rise in societal extremism the only thing we can count on is that there will be an equal and opposite reaction. The question? How will that reaction manifest.
The Wynne Government’s raising of the minimum wage has gotten restaurateurs nervous, so nervous Wynne is now hinting at Government relief for restaurant owners as the province prepares to increase the minimum wage. It begs the question – if raising the minimum wage is supposed to be good for the economy, why would government need to provide relief?