CANADIAN DAILY DIGEST August 28, 2015

The DAILY DIGEST: INFORMATION and OPINION
POSTED
athttp://canconcomentary.blogspot.ca/2015/08/canadian-daily-digest-august-28-2015.html

>>>>>>>>>>>>>>>HEADLINES ACROSS CANADA <<<<<<<<<<<<<<<
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

CBCBritish Columbia Calgary Edmonton Saskatchewan Manitoba Thunder Bay Sudbury Windsor Kitchener-Waterloo Hamilton Toronto Ottawa Montreal New Brunswick  Prince Edward Island Nova Scotia  Newfoundland & Labrador

>>>>>>>>>>>>>>>NATIONAL NEWSWATCH<<<<<<<<  http://www.nationalnewswatch.com/

EKOS poll: Duffy awakening slumbering electorate

Poll Tracker: Are the Conservatives headed for 3rd?
        Paul Martin accuses Conservatives, NDP of �holding hands� on economy
Novak: �I did not know that Mr. Wright was going to cut that cheque�
        Deputy Ontario PC leader Christine Elliott resigns as MPP for Whitby-Oshawa
Mulcair must tax corporations, super-rich to fund agenda, says socialist wing chair

Harper government ran $5-billion surplus over first quarter: Finance Canada
        U.S. investigated report of civilian deaths following Canadian mission in Iraq
One-third of Canadians say they�re �falling behind�, embrace Mulcair 2:1 over Harper, Trudeau
        Just not ready for smart, positive ads?
Harper�s economic plan: spin to win
        The Deficit Debate | At Issue
Justin Trudeau alters election equation with deficit-spending gamble
        Duffy trial takeaway: The PMO as rogue operation
Joe Oliver wrong to bail on giving speech at private men�s club
        Harper�s long road to re-election filled with potholes

Trudeau�s �Trading Places� spending spree
        Justin Trudeau faced with persuading voters that debt and deficits are not dirty words
Harper, Trudeau and Mulcair need to show some economic common sense

Harper dons prime minister�s hat, basks in glow of federal budget surplus
        Ottawa posts $1.1 billion surplus for June compared with $1.6 billion a year ago
Canadian Armed Forces accused of killing civilians in Iraq air strike
        Who is Tom Mulcair? Canadians want to know more
Country bracing for �made in Canada� recession: former chief statistician
        Notebook: Expect Jean Chr�tien on the campaign trail � sans water-skis
Papineau NDP riding association president quits over Lagac� Dowson nomination
        77% of Canadians support assisted suicide, poll shows
Liberals aim to showcase their economic team for skeptical Quebec audience
        Questions remain about Deloitte audit of Sen. Mike Duffy

Conservative Party called other dead people to ask for their vote
        Mike Duffy trial: Former, current PMO aides� court chat showed �poor judgment�
Conservatives bring in former soldiers for extra security on Harper�s campaign
        Mayor Tory welcomes Trudeau�s promise of billions in new infrastructure spending
New poll shows tight election race across Canada
        Banff National Park employees silenced during federal election campaign
Police find evidence connected to Taylor Samson murder
        Court backs Conservatives� funding cut to �anti-Semitic� Arab group
Tory MP Fletcher hoping to ignite debate on assisted death with new book
        Strength in Democracy Party taps into voter dissatisfaction with main parties

Baloney Meter: Harper says oil down, but 80 per cent of economy is growing
        Campaign Notebook: Rivals Ape Harper Tactics on Canada Hustings
NDP leader Mulcair says professional sports shouldn�t expect help from Ottawa
        Harper to trumpet economic report in speech to Ahmadiyya Muslim conference
Why Predictions of Another Drop in Canada Output May Prove Wrong
        Public servant investigated over political �Harperman� song

                        More News

>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<< http://looniepolitics.com/
Why Harper corrupted the Senate - Bruce Livesey, National Observer
        Alberta Education Minister meeting with school boards - Matt Dykstra, Edmonton Sun
Keystone XL�s final blow from Barack Obama could come by Labour Day weekend - Claudia Cattaneo, Financial Post
        Peladeau says public funds not needed for Quebecor�s NHL bid - The Canadian Press, Macleans
The foggy war: Where is Canada in the fight against Islamic State? - Adnan R. Khan, Macleans
        NDP won�t make mass cuts to public service, Notley vows - Sammy Hudes, Calgary Herald
Do I hear $700? Canadian government auctioning signed hockey pucks and pictures of NHL greats - The Canadian Press, Ottawa Citizen
        Canadian banks get poor marks on trust in customer survey- CBC News
TD profit tops forecasts as Canada�s banks defy low oil prices, economic worries- David Berman, The Globe & Mail

>>>>>>>>>>>>>>> The Vancouver Observer<<<<<<<<<< http://www.vancouverobserver.com
>>>>>>>>>>>>>>>Rabble<<<<<<<<<<<<<<<<<<<<<<< http://rabble.ca/
>>>>>>>>>>>>>>>Canadian Progressive World<<<<<<<  http://www.canadianprogressiveworld.com/
>>>>>>>>>>>>>>>BOURQUE NEWS<<<<<<<<<<<<<< http://www.bourque.com/
>>>>>>>>>>>>>>>The Tyee<<<<<<<<<<<<<<<<<<<<< http://thetyee.ca/News/
>>>>>>>>>>>>>>>iPolitics<<<<<<<<<<<<<<<<<<<<<< http://www.ipolitics.ca/tag/gaza/
>>>>>>>>>>>>>>>The CBC NEWS<<<<<<<<<<<<<<< http://www.cbc.ca/news
>>>>>>>>>>>>>>>Huffington Post<<<<<<<<<<<<<<<< http://www.huffingtonpost.ca/
>>>>>>>>>>>>>>>Yahoo.com<<<<<<<<<<<<<<<<<<< https://ca.news.yahoo.com/canada/

TOUTES LES NOUVELLES PUBLI ES DEPUIS 24 HEURES

Harper pr�f�re parler de religion plut�t que d'�conomiePlus
        La SQ poursuit les recherches pour trouver un septuag�nairePlus
Assermentation du nouveau directeur sur fond de contestationPlus
        �ducation: Fran�oise David d�nonce l'�hypocrisie� des lib�rauxPlus
Virginie: le meurtrier voulait faire d'autres victimesPlus
        L'Europe face � la �folie� de la crise migratoirePlus
Thomas Mulcair d'accord pour le baseball � Montr�alPlus
        Infrastructures: Paul Martin appuie le plan de Justin TrudeauPlus
La suspension de la b�tonni�re est maintenuePlus
        Ray Novak assure qu'il ne savait rien du ch�que de 90 000 $Plus

La temp�te Erika fait des ravages dans les Cara�besPlus
        Les universit�s acceptent des �tudiants �trop faibles�Plus
Gilles Duceppe se pose en d�fenseur du secteur forestierPlus
        Pour Michael Ignatieff, Justin Trudeau est un acteurPlus
On doit pouvoir se moquer des religions, dit CouillardPlus
        Un d�tail? Plus
Amnesty accuse les Emirats d'avoir tortur� un CanadienPlus
        Attentat de Bangkok: trois Ou�ghours interrog�sPlus
P�dophilie: l'ancien pr�lat poursuivi par le Vatican est mortPlus
        Un homme atteint par balle dans un bar de Montr�alPlus

FOREIGN AFFAIRS & GENERAL INFO

>>>>>>>>>>>>>>>LOONIE WORLD<<<<<<<<<<<<<<<< http://looniepolitics.com/
Still Think Jeb vs. Hillary Is Happening? - Josh Kraushaar, National Journal
        Trump Is Wreaking Havoc on the GOP - George Will, Washington Post
5 Things to Know About Trump�s Backers - Fred Barnes, The Weekly Standard
        Pollsters Dumbfounded by Trump - Ben Kamisar, The Hill
Testy News Conference Exchange Puts Trump�s Quirks on Display - Michael Barbaro, New York Times
        Will Saudi Arabia�s pump-and-dump strategy come back to bite its own economy?- Yadullah Hussain, Financial Post
China�s Bind Isn�t Yet a Lehman Moment- Ambrose Evans-Pritchard, The Telegraph
        Subway�s growth stalls as competition grows- Bloomberg, Toronto Star
Migrant crisis: Grim find of bodies in Austria lorry- BBC News
        IS group suicide bomber kills two Iraqi generals- France 24

Nigeria marks 500 days since Chibok girls� abduction- Al Jazeera
        China jails 45 on terror-related charges in Xinjiang region- The Times of India
First female prime minister for Greece announced- The Guardian

>>>>>>>>>>>>>>>THE LEBANON DAILY STAR<<<<<<<< http://www.dailystar.com

UN chief urges stronger response to migration tragedies
        Obama: US, Israel in talks 'for months' over security cooperation
Nationalist and pro-Kurdish opposition given Turkish cabinet posts
        30 US senators now support Iran nuclear deal
US says committed to transition away from Syria's Assad
        Obama to speak with Jewish groups on Iran deal
Ukraine asks Russia for lower gas prices for winter season
        China economy 'not falling off a cliff': DBS chief
US and S. Korea troops stage massive live-dire drill
        Senior U.S. official to travel to Israel to discuss Iran deal

The �autocratic temptation� is a growing threat to democracy
        Syrians alone can decide Assad�s fate
Recalling their war, Belgraders embrace Syrian refugees
        Smart solar palm trees power Wi-Fi, phones
Ten carmakers sued in U.S. over �deadly� keyless ignitions
        What�s in a name? The debate over labeling migrants and refugees

Previous                                                   Next  

>>>>>>>>>>>>>>> New Cold War  <<<<<<<<<<<<<<< http://newcoldwar.org/
Russia has accepted over one million Ukrainians forced out of homes by Donbas war
        Decentralization reform in Ukraine
Canada�s �victims of communism� debacle
        Russian government announces sweeping policy to commemorate repressions of Soviet era

>>>>>>>>>>>>>>>Global Research<<<<<<<<<<<<<<<<<<<<<< http://www.globalresearch.ca/
>>>>>>>>>>>>>>>The Real News<<<<<<<<<<<<<<<<<<<<<<< http://therealnews.com/t2/
>>>>>>>>>>>>>>>Press TV<<<<<<<<<<<<<<<<<<<<<<<<<<< http://www.presstv.ir/
>>>>>>>>>>>>>>>Sputnick Newai<<<<<<<<<<<<<<<<<<<<<< http://sputniknews.com/
>>>>>>>>>>>>>>>RT network<<<<<<<<<<<<<<<<<<<<<<<<< http://rt.com/
>>>>>>>>>>>>>>>BBC News<<<<<<<<<<<<<<<<<<<<<<<<<< http://www.bbc.com/news/
>>>>>>>>>>>>>>>Reader Supported News<<<<<<<<<<<<<<<< http://readersupportednews.org/
>>>>>>>>>>>>>>>Activist Post<<<<<<<<<<<<<<<<<<<<<<<<< http://www.activistpost.com
>>>>>>>>>>>>>>>Consortium News<<<<<<<<<<<<<<<<<<<<< http://consortiumnews.com/
>>>>>>>>>>>>>>>Common Dreams<<<<<<<<<<<<<<<<<<<<< http://www.commondreams.org/
>>>>>>>>>>>>>>>The European Union Times - <<<<<<<<<<<<< http://www.eutimes.net/
>>>>>>>>>>>>>>>THE KYIV POST<<<<<<<<<<<<<<<<<<<<<< https://www.kyivpost.com/
>>>>>>>>>>>>>>>4th Media<<<<<<<<<<<<<<<<<<<<<<<<<<< http://www.4thmedia.org/
>>>>>>>>>>>>>>>BrasscheckTV Report<<<<<<<<<<<<<<<<<< http://www.brasschecktv.com/
>>>>>>>>>>>>>>> ICH. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<< http://www.informationclearinghouse.info/

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From: Larry Kazdan
Subject: Letter to Editor re: Mulcair's deficit fetish bad  economics but good politics: Walkom, August 26
To: lettertoed@thestar.ca

Re:  Mulcair�s deficit fetish bad economics but good politics: Walkom, August 26

http://www.thestar.com/news/canada/2015/08/26/mulcairs-deficit-fetish-bad-economics-but-good-politics-walkom.html

Re:  Trudeau is talking sense amid deficit hysteria

http://www.thestar.com/opinion/commentary/2015/08/26/trudeau-is-talking-sense-amid-deficit-hysteria.html

American economist Paul Krugman points out in a recent column that the U.S. public debt has existed for 180 years and in Britain for three centuries. Nevertheless, both economies have experienced reasonable success. Public debt and government deficits enable the provision of schools, roads, hospitals, water systems and other infrastructure conducive to a prosperous economy and a healthy and well-educated workforce.

In Canada, the federal government has run a deficit in 18 out of the last 30 years or 60 percent of the time.  As long as there are unused resources which can be mobilized, a country like Canada with its own central bank can run continuous deficits without fear of inflation.  Since Canada currently has 1.3 million Canadians officially looking for work, and many more who have given up or are underemployed, the government can and should inject new money into the economy to put them to work.

Canada is not Greece, which gave up its currency sovereignty when it joined the Euro.  For those who still think that the our federal government can run out of Canadian dollars, here is what Alan Greenspan, former chairman of the U.S. Federal Reserve stated in 1997:  "[A] government cannot become insolvent with respect to obligations in its own currency. A fiat money system, like the ones we have today, can produce such claims without limit."

Footnotes:

1.  Debt Is Good, Aug. 21, 2015

http://www.nytimes.com/2015/08/21/opinion/paul-krugman-debt-is-good-for-the-economy.html?_r=4

Believe it or not, many economists argue that the economy needs a sufficient amount of public debt out there to function well. And how much is sufficient? Maybe more than we currently have. That is, there�s a reasonable argument to be made that part of what ails the world economy right now is that governments aren�t deep enough in debt.

2.  Canada's Debt and Deficit History

http://viableopposition.blogspot.ca/2015/04/a-look-at-canadas-deficit-and-debt.html

the federal government has run a deficit for 18 out of the 30 years or 60 percent of the time.

3. Alan Greenspan, Federal Reserve Chairman, 1997

  http://www.federalreserve.gov/boarddocs/speeches/1997/19970114.htm

"[A] government cannot become insolvent with respect to obligations in its own currency. A fiat money system, like the ones we have today, can produce such claims without limit."

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