Tuesday, 15 December 2015

CANADIAN DAILY DIGEST December 15, 2015.

Liberals seek to explain stance on whether to hike GST as revenue booster
        Duffy says he faced threats from Harper’s team over expenses

Rona Ambrose proud to promote women critics, and ‘not because it’s 2015’        Long-delayed military search planes set to land on Liberal agenda in 2016Ben Carson calls for U.S. troops on Canadian border        No room for Trump’s politics in Conservative party, Rona Ambrose says

Trudeau says Canada must accept “failings” on aboriginal residential schools        Final report on residential schools survivors signals time for government to actAboriginal children at residential schools often buried in unmarked graves, report reveals        Trudeau cuts taxes for six-figure members of the ‘middle class’Not So Fast, Trudeau: We Need a Referendum on Electoral Reform        COP21: Triumph and tragedy in ParisFirst Nations spending promises could worsen fiscal crunch        Resettlement of Syrian refugees also pays political dividendsHas the tenor of Canada ever turned this quickly?        Who asked for this kind of Senate reform?
Trudeau’s plan to borrow our way to wealth is looking crazier all the time        Liberals’ deficit plan to test Canadians’ rediscovered tolerance for debtMurray Sinclair, Policy-Maker of the Year: The path to reconciliation

Canadian culture gets ‘progressive’ under Liberals        Liberals won’t go on ‘spending spree?’ Prove it!Warm welcome for refugees marks end of era of meanness        Albertans waking up to NDP nightmare
More Featured Ink
        Mike Duffy says he pleaded with ‘born-again Christians’ in PMO not to force him to admit errorOilpatch not terribly anxious about Paris Agreement        Canada’s oilpatch adjusts to the ‘new normal’ after a year of painSuppliers for Syrian refugee welcome kits kept secret for security reasons        Trudeau says provinces, cities will decide on infrastructure spending
Final report on residential schools survivors signals time for government to act        COP21: 5 ways Canadians can help reduce climate changeHow will Liberals keep COP21 commitments?        Duffy tells court PMO orchestrated response to residency controversy without his knowledgeWe’ve been terrorized, that’s why they call it terrorism        ‘We need a vision for reconciliation’: TRC set to release its final reportSome Ontario grocery stores can start selling six-packs of beer starting today        Truth and Reconciliation Commission final report points to ‘growing crisis’ for indigenous youthResidential school history mirrored in modern policies that still harm indigenous people: report        Oil price drop hasn’t translated at pumps, BMO research says
Highlights from the report of the Truth and Reconciliation Commission report        Liquor stores not the place to sell pot, says Rona AmbroseGovernment hotel bill for Syrian refugees expected to near $80 million by March        A year of tough choices ahead in defence for Justin Trudeau’s LiberalsTrudeau remains strong as preferred choice for PM in Nanos tracking, many Canadians unsure about Ambrose
        More News                                               More News

>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<<
http://looniepolitics.com/
Time to lift the burden of residential schools, says Prime Minister Justin Trudeau - Joanna Smith, Toronto Star
        ‘Despicable’ behaviour by Stephen Harper, aides pushed me to repay expenses, Mike Duffy tells trial - David Reevely, National Post
Wynne makes history buying beer at Loblaws - The Canadian Press, Toronto Sun
        A year of tough choices ahead in defence for Liberals - Murray Brewster, The Canadian Press, CTV News
Dalton McGuinty’s memoir all talk, no tell - Martin Regg Cohn, Toronto Star
        Feds won’t jeopardize goal of balancing books by 2019 - The Canadian Press, Macleans
Ontario taxpayers should pay for physician-aided deaths, experts say - Rob Ferguson, Toronto Star
        B.C. commits $3 million to improve safety along Highway of Tears - Geordon Omand , The Canadian Press, CTV News
The flaw with Duffy’s victim defence ­ he is clearly another serpent in a nest of vipers - Christie Blatchford, National Post
        The Paris climate deal is flawed – but an improvement on Kyoto - Editorial, The Globe & Mail
Mike Duffy says he resisted PMO plan for housing expense repayment ‘at every opportunity’ - Mark Gollom, CBC News
        Federal privacy czar seeks middle ground in right to online info - Jim Bronskill, The Canadian Press , Macleans
Warm weather, surplus inventory send natural-gas prices plunging- Jeffrey Jones, The Globe & Mail
        Bombardier’s biggest gamble: How everything went so wrong with the CSeries dream- Kristine Owram, Financial Post
Debt-to-income ratio rose to 163.7% in third quarter, Statistics Canada says- CBC News

TOUTES LES NOUVELLES PUBLIES DEPUIS 24 HEURES
http://fr.canoe.ca/infos/aujourdhui/

Ben Carson veut des soldats à la frontière canado-américainePlus        Les cols bleus manifestent devant l'hôtel de ville de MontréalPlusCommission vérité et réconciliation: Trudeau accepte le rapportPlus        Le grand-père maternel de Cédrika témoignePlusAllocations: Harper a obligé Duffy à rembourserPlus        Il braque une bijouterie à la hache... sans succèsPlusEntente de principe: la FSE évoque des gains de 60 M $Plus        La météo cause un casse-tête sur les routes PlusFormation d'une coalition islamique anti-terroristePlus        Importante quantité de drogue saisie dans une garderie Plus
Syrie: John Kerry s'entretient avec Vladimir Poutine Plus        Trump au plus haut dans les sondages avant le cinquième débatPlusDemers pas surpris par les manœuvres de Vaillancourt Plus        Thaïlande: emprisonné pour avoir insulté le chien du roi PlusUn troisième vol de réfugiés se posera mardi à TorontoPlus        Cédrika: les ossements peuvent en dire longPlusUn homme interpellé en lien avec les attentats de ParisPlus        Épidémie de fraudes ciblant les aînésPlusL'arme livrée par drone dans une prison est toujours introuvablePlus

FOREIGN AFFAIRS & GENERAL INFO

>>>>>>>>>>>>>>>LOONIE WORLD<<<<<<<<<<<<<<<<
http://looniepolitics.com/
Why I Caved on Guns When I Ran for Governor - Wendy Davis, Politico
        Scalia Was Right About Race Preferences - Jason Riley, Wall Street Journal
New Hampshire Will Weed the Republican Field - Albert Hunt, Bloomberg
        Why Trump Will Win - Roger Stone, Breitbart
Did Clinton Mislead Congress on Bowe Bergdahl Swap? - Rowan Scarborough, Washington Times
        Pepsi to fight vending machines’ junk-food image ­ with hummus- Bloomberg, Toronto Star
How ‘Star Wars’ could become Disney’s next cash cow- Daniel Miller, Los Angeles Times
        Shiite, Sunni militants fuel chaos in Yemen- Agence France-Presse, The Times of India
After regional vote, focus turns to French presidential race- France 24
        Egypt Sinai crash probe finds ‘no evidence of terrorism’- BBC News
New mass grave discovered in Srebrenica- Al Jazeera
        Angela Merkel wants to ‘drastically reduce’ refugee arrivals in Germany- Reuters, The Guardian

>>>>>>>>>>>>>>>THE LEBANON DAILY STAR<<<<<<<<
http://www.dailystar.com
Saudi-led anti-militant coalition in line with U.S. views: State Department        Canada PM vows Aboriginal reconciliation after school abuse reportUS, Cuba near deal on restoring direct commercial flights        EU mulls age limit for social media useRussia's Lavrov says Syria meeting in New York on Friday is on        Kosovo hits out at EU for not relaxing visa requirementKerry says US ready to work with Russia to destroy ISIS        EU executive proposes voluntary resettlement for Syrian refugees in TurkeyRussia names Syrian rebel groups it says it is supporting with airstrikes        Arctic air temps highest since 1900: global report
Russia has flown more than 4,000 sorties in Syria since Sept. 30: agencies        Afghan security deteriorates, casualties spike in 2015: PentagonEU launches controversial new border force plan        Russia, US military chiefs discuss Syria cooperation: agenciesEU expected to agree on extending Russian sanctions Friday        Kerry meets veteran Russian activist ahead of Putin talksTurkish daily holds editorial meeting outside prison to back jailed editors        US, allies stage eight air strikes in Iraq, six in Syria: US militaryBelgium restarts nuclear reactor, angers Germany        Burundi heading towards 'outright civil war:' UN rights chief
Israel says still not enough evidence to try killers of Palestinian family        UN decries Palestinian attacks, 'excessive' force in Israeli responseUN closes the books on decade-long nuclear probe of Iran        Iraq demands 'complete withdrawal' of Turkish forcesIsraeli universities urge American group to drop boycott        Russia doubles power supplies to Crimea with second line launchGermany says overestimated migrants with fake Syrian passports        Tensions test US-Thai relations as strategic talks resumeIsrael MPs snub Netanyahu plan to tap gas field        Turkey works to retain influence in Iraq
Why U.S. ignored torture by Iraqi militias        Living standards of 2B people have improved: U.N.Are slaves, migrants peeling my shrimp?        Merkel rallies her party with pledge to stem refugee inflow
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From: Larry Kazdan
Subject: Letter to Editor re: Economic strategy needed for low-income families, Tom Parkin, December 13, 2015

Re:  Economic strategy needed for low-income families, Tom Parkin, December 13, 2015
http://www.calgarysun.com/2015/12/13/economic-strategy-needed-for-low-income-families
There is a straightforward way to help an estimated two-thirds of low-income families, and that is to offer a permanent job even if near minimum wage to any person who wants one. This could be accomplished by the Job Guarantee, a program whereby the federal government provides funding to non-profits, community groups and lower levels of government who administer projects in areas such as education, arts, caring for seniors and environmental stewardship.

A federal government that can bail out big corporations and banks as was done following the 2008 financial crisis has the fiscal capacity to help all those in need including those willing and able to contribute to society. The only thing missing is political will. 

Footnotes:

1.  L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City
http://www.nakedcapitalism.com/2014/04/mmt-policy.html
Well it’s very easy to reduce the inequality that results from low income, from poverty, from low wages; all you have to do is offer jobs. Minsky did a calculation [in] 1974 and Professor Kelton and I did one around 2000. We showed that if you just give a job to anyone who wants to work you will eliminate two thirds of all poverty, even if you pay only the minimum wage. We would like to see the job pay more than that, but even at a minimum wage you eliminate two-thirds of all poverty. So most poverty is due to joblessness. People who cannot get jobs or maybe they get jobs that last a few months and then they are unemployed again. We need permanent jobs that pay a decent wage and you’ll eliminate most poverty. You’ll still need some kinds of anti-poverty programs but the jobs are the best anti-poverty programs there are, then you need something else to fill the gaps.
2. What is a Job Guarantee?
http://bilbo.economicoutlook.net/blog/?p=23719
" .....the Job Guarantee is actually a macroeconomic policy framework designed to ensure full employment and price stability is maintained over the private sector business cycle.

The Job Guarantee jobs would ‘hire off the bottom’, in the sense that minimum wages are not in competition with the market-sector wage structure.

 By not competing with the private market, the Job Guarantee would avoid the inflationary tendencies of old-fashioned Keynesianism, which attempted to maintain full capacity utilisation by ‘hiring off the top’ (i.e. making purchases at market prices and competing for resources with all other demand elements).

Job Guarantee workers would enjoy stable incomes, and their increased spending would boost confidence throughout the economy and underpin a private-spending recovery."
Subject: Letter to Editor re: EDITORIAL, Liberals must show fiscal restraint, December 14, 2015
Re:  EDITORIAL, Liberals must show fiscal restraint,  December 14, 2015
http://www.ottawasun.com/2015/12/14/liberals-must-show-fiscal-restraint
Your editorial asks government to set an example. But if the government sector runs a surplus, the non-government sector must be running a deficit.  Is the Sun expecting the impossible? Today Canada has a trade deficit which means more money leaving than entering the domestic economy. Households are highly indebted and must cut back spending while businesses will not invest when there is lack of demand. Only one remaining actor can pump funds into a stagnating economy. The federal government must run deficits, and according to former Bank of Canada Governor David Dodge, "perhaps of a considerable magnitude".

Footnotes:

1.  Former Bank of Canada Governor David Dodge said provincial and federal governments should run budget deficits
http://www.bloomberg.com/news/articles/2015-04-29/dodge-says-canada-needs-higher-interest-rates

Former Bank of Canada Governor David Dodge said provincial and
federal governments should run budget deficits to fund infrastructure
projects, which would lift the economy and take pressure off the central
bank to keep interest rates low.

***

“The right thing to do is to run cash deficits and perhaps of a
considerable magnitude,” he said.
2. The New Populism Needs to Get This Straight
http://neweconomicperspectives.org/2014/01/new-populism-needs-get-straight.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+neweconomicperspectives%2FyMfv+%28New+Economic+Perspectives%29

"..if a nation wants to run a trade deficit, and also wants to have private sector savings, then having a government surplus is not good news for people. It is bad news for them, because it means that the private sector as a whole, and disproportionately households, are losing net financial assets over the period in which the surplus is run."
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