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Mulcair campaigning ahead of critical leadership vote in Edmonton
Wynne admits Ontario�s Liberal cabinet ministers have fundraising quotas
Dias says Mulcair deserves two years� grace, says party should focus on 2018
PM: Canada will offer $42M to help protect nuclear material from terrorists
Live Coverage: The Broadbent Institute�s Progress Summit
Wynne seeks input from Tories, NDP on fundraising reforms
Mulcair is little more than a sideshow, but he�s still the best the NDP has to offer
Jean Lapierre had talent for bridging the personal and political
Tories need to learn from Trudeau�s success in choosing new leader
The (somewhat tepid) case for Thomas Mulcair
Absent from national debate in Canada, Mulcair resorts to bashing Donald Trump
�Captain Saskatchewan� on cruise control
If Mulcair Survives Next Week�s Review, the NDP Is Doomed
Break a campaign promise? No problem, says Trudeau
Science and Politics � a clash of cultures
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TPP �worst trade deal ever,� says Nobel-winning economist Joseph Stiglitz
Trudeau picks new deputy clerk at PCO
Ottawa�s human rights report on Saudi Arabia to be �sanitized� for public
Premiers� exclusive fundraisers violate conflict of interest rules, says Democracy Watch
Third parties spent $6M to influence outcome of 2015 vote, Monsef vows crackdown
MPs, senators get pay hike as Canadians struggle with stagnant wages, rising unemployment
Broadbent summit gathers progressives amid questions about NDP�s future
Michael Chan ups ante in suit against Globe and Mail
Canada joins global anti-austerity club: New PM, new stance at foreign meetings
Liberals� gloomy budget outlook punctured by rosy StatsCan report
Military watchdog blasts pension wait times after daily complaints by soldiers
Navy experiments with shrinking crew sizes ahead of frigate replacements
Wynne concedes need to act on fundraising changes
Christy Clark vows �real-time� disclosure of political donations
More promises as campaigning continues for Manitoba provincial election
Power Panel: Refugee resettlement concerns
Ontario has �number of concerns� with U.S. city�s Great Lakes diversion plan
It�s too late to be polite to Donald Trump, Mr. Trudeau
Parties criticize fundraising even as they do it
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Yes, we can make consultation �meaningful� and here�s how
Put more science in politics, and less politics in science
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Stephen who? The rapid collapse of the Harper legacy
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No, Avi Lewis says, he�s not trying to take down Tom Mulcair - Catherine Cullen, CBC News http://looniepolitics.com/
Growth won�t affect stimulus plan, Morneau tells British bankers - Mark MacKinnon, The Globe & Mail
Statistics Canada pokes a hole in Liberals� gloomy budget outlook - Terry Milewski, CBC News
Canada takes U.S. paper fight to WTO- The Canadian Press, The Globe & Mail
Swiss Chalet owners Cara buying St-Hubert for $537M- The Canadian Press, CBC News
Mattel fought cyber-thieves to retrieve stolen $3M from China- Erika Kinetz, The Associated Press, CTV News
TOUTES LES NOUVELLES PUBLIES DEPUIS 24 HEURES
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Des croix gamm�es et des graffitis nazis � LavalPlus
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�crasement: le BST devra pousser son enqu�tePlus
Il c�de sa boulangerie au sans-abri qui lui a sauv� la viePlus
Des usagers veulent �tendre un projet-pilote de la STMPlus
FOREIGN AFFAIRS & GENERAL INFO
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Meet Donald Trump�s Surprising Supporters - Josh Kraushaar, National Journal >>>>>>>>>>>>>>>LOONIE WORLD<<<<<<<<<<<<<<<<
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Hillary Clinton Didn�t Break the Law - Doyle McManus, Los Angeles Times
Trump Supporters Are Foolish Idiots on the Titanic - Jim Geraghty, National Review
Iraqi special forces lead march on ISIL-controlled Heet- Al Jazeera
North Korea nuclear tests: US and China to co-operate- BBC News
>>>>>>>>>>>>>>>THE LEBANON DAILY STAR<<<<<<<<
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Belgium wants migrants to sign pledge on integration
Russia: Lavrov and Kerry discuss coordination on Syrian cease-fire
Major study confirms moms' smoking changes fetal DNA
Chicago police probe shooting apparently caught live on video
Indian cigarette makers halt production over health warning rules
New York lawmakers strike deal to raise minimum wage to $15 an hour
Serbia says its EU goal won't be 'detrimental' to Russia ties
US, Japan complete removal of nuclear material from Japan site: statement
In new push, US military trains dozens of Syrian fighters
Obama says Iran nuclear deal successful but more work needed
Obama calls on China to 'peacefully' address South China Sea: W.House
Austria says neighbours back plan for new EU border force
US leads 17 strikes in Syria, Iraq against ISIS: statement
Liberia records new Ebola death, months after end of its outbreak
Russia says reports on US-Russian deal on Assad's fate are "dirty leaks"
South Africa's opposition says will take necessary action to remove Zuma
Britain's "in" and "out" EU campaigns level: TNS poll
Denmark extends controls on German border until May 3
Crude falls as supply glut shows no signs of easing
Priceless tomes in Italy hold key to European identity
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From: Larry Kazdan http://www.sott.net/
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To: letters@globeandmail.ca
Cc: bcurry@globeandmail.com
Subject: Re: Investors, rating agencies see Liberal deficit plan as manageable, BILL CURRY, Mar. 30, 2016
- http://www.theglobeandmail.com/news/politics/investors-rating-agencies-see-liberal-deficit-plan-as-manageable/article29458768/
- The Canadian federal debt is fiscally sustainable because our government owns a central bank which allows any size debt denominated in Canadian dollars to be paid. The federal government is the issuer of Canadian currency; the important question is really what those issued dollars will buy. Canadian money will keep or increase its value as long as the resources of the country are neither overused causing high inflation nor underused allowing significant lost production.
- Forget about interest rates, credit ratings, the fiscal balance and the debt-to-GDP ratio. The Canadian government is a monetary sovereign and the risk of default on federal government bonds is zero. Federal spending should be increased as long as there are unused resources, including the talents of 1.4 million unemployed, that could be mobilized to create a more vibrant and prosperous economy.
- Footnote:
- 1. William Mitchell is Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), University of Newcastle, NSW, Australia http://bilbo.economicoutlook.net/blog/?p=33124
- 2. Alan Greenspan, "We can always print money..."
- https://www.youtube.com/watch?v=q6vi528gseA
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