Saturday 18 March 2017


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

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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

>>>>>>>>>>>>>>>NATIONAL NEWSWATCH<<<<<<<<

Conservative Party strikes 1,351 names off membership list after investigation
        Alberta PC supporter arrested, charged with assault at leadership convention

Alberta Progressive Conservatives set to pick new leader at convention
        Interim Tory Leader Rona Ambrose calls for Senator Don Meredith to resign
�It takes two to tango�: Sen. Meredith�s lawyer defends client
        NDP needs to keep it�s eye on governing, says Tom Mulcair
Can Kenney unite Alberta�s right?

Big Liberal donors are doing big business with the B.C. government
        Kevin O�Leary campaign behind empty wallet promotion in Toronto
Brian Pallister stresses need for asylum seeker aid amidst health deal clash
        Forget �values tests.� One would-be Tory leader has other ideas that will horrify Liberals: Neil Macdonald
Liberals have reason to campaign in Calgary by-elections, even if they�re sure to lose
        Winter weather kicks up a political storm in Quebec
Alberta PC candidate Kenney owes a debt of gratitude to Notley
        PCs begin their weirdest convention ever
Public spending should rise because it needs to, not just because it can
        What we should really test in immigrants (and citizens)

Canadian media is pushing us all to be Liberal
        Sid Ryan, Ex-Union Leader, Inches Closer To Decision On NDP Leadership Race

Wildrose leader wants unite-the-right talks to start on Monday
        Wounded soldiers to get higher payments as Liberals hedge on pension promise
At least three Conservative leadership campaigns alleged fraud in registration process
        Sen. Don Meredith begs forgiveness, says �racism has played a role� in his sex scandal
Leitch climbs, O�Leary and Bernier hold steady lead in CPC race
        Leitch campaign says Rebel commentator wouldn�t pass values test as Chris Alexander boycotts Rebel Media events
Maxime Bernier Campaign Investigated For Allegedly Breaking Tory Leadership Rules
        Canadians should be told if their banking info shared with IRS, says MP
>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<<
Interim Tory Leader Rona Ambrose calls for Senator Don Meredith to resign - Catharine Tunney & John Paul Tasker, CBC News
        Liberals may be losing death grip on Toronto: Poll - Sue-Ann Levy, Toronto Sun
�A pat on the back�: Taxpayer-funded ads on Wynne�s hydro bill cut could be partisan, auditor says - Allison Jones,
        Will the real Patrick Brown please stand up? Tories aim to build leader�s brand - Rob Ferguson, Toronto Star
Canadian media is pushing us all to be Liberal - Gerry Nicholls, Ottawa Sun
        The NDP�s great pipeline divide - Jason Markusoff and Nancy Macdonald, Macleans
Alberta PC leadership convention begins - james Wood, Calgary Herald
        B.C. relaxes foreign buyer tax with refunds for workers - Mike Hager, The Globe & Mail
Trudeau still talks like we have open borders - Candice Malcolm, Winnipeg Sun
        CMHC mortgage insurance gets more expensive today- Solomon Israel, CBC News

Canadian factory sales climb 0.6 per cent in January- The Globe and Mail
        Canadian auto workers union takes aim at Trump on fuel standards: �I can�t figure out where his head is at�- Mike Blanchfield,
T-Rex, penguin and rubber ducky to be new Monopoly game pieces- Wayne Parry - The Associated Press, Toronto Star
        Why a poorly poured Guinness means free pints for Canadians in Dublin- CTV News


Les �tats-Unis imposent leur vision climato-sceptique au G20Plus
        Autoroute 13: un camionneur arr�t� pour avoir refus� le remorquagePlus
Des fun�railles r�gimentaires pour le policier Richer DubucPlus
        L'intrus de la Maison-Blanche a d�ambul� 16 minutes avant d'�tre arr�t�Plus
Un homme abattu apr�s avoir attaqu� des militaires � l'a�roport de ParisPlus
        Martine Ouellet officiellement d�sign�e chef du Bloc qu�b�coisPlus
La barri�re de la langue, une difficult� pour les apprentis-pilotesPlus
        Un automobiliste en danger de mort apr�s un violent face-�-facePlus
Cannabis au volant: attention � la banalisation des effetsPlus
        Collision entre deux avions: un vrai miracle qu'un pilote soit en viePlus

Collision entre deux avions: un accident qui survient �tr�s rarement�Plus
        Perc�e de Qu�bec solidaire: Nadeau-Dubois satisfaitPlus
Un homme retrouv� assassin� dans un stationnement d'AnjouPlus
        Incendie majeur dans un b�timent commercial � Qu�becPlus
Une tribu va d�poser plainte contre le mur de Trump Plus
        Colombie: les Farc ont d�j� rendu 14 000 armes Plus
26 500 $ pour son envol�e accroch�e � des ballons d'h�lium


>>>>>>>>>>>>>>>LOONIE WORLD<<<<<<<<<<<<<<<<
Hillary Clinton trolls Trump on Twitter over demands of the presidency - Daniel Chaitin, Washington Examiner
        5 Problems With the Hawaii Judge Halting Travel Ban - Mollie Hemingway, The Federalist
GOP Lawmakers in Clinton Territory Weigh Health Bill Vote - Caitlin Huey-Burns, Real Clear Politics
        GOP health-care plan: Key House panel calls for work requirements, additional cuts in Medicaid - Mike DeBonis, Washington Politics
Freedom Caucus still opposes GOP healthcare plan - Mark Hensch, The Hill
        French political system fights for survival as presidential campaign begins- The Guardian
Peru allows Spanish �drug mules� to serve jail time in home country- France 24
        Iran pilgrims to join this year�s hajj: Saudi- AFP, The Times Of India
Merkel and Trump begin key talks at White House- BBC News
        Israel carries out air strikes inside Syria- Al Jazeera

>>>>>>>>>>>>>>>THE LEBANON DAILY STAR<<<<<<<<

Son of US man wanted in Nazi case wants evidence released
        Russia-backed Crimea chief says Putin should be president for life
Bulgaria says ready to protect border with Turkey
        Scotland will have new independence referendum: leader
Kurds rally in Frankfurt for 'democracy in Turkey'
        US Homeland Security seeks proposals for wall with Mexico
EU to vow 'common future' after Brexit body blow: draft
        World powers drop pledge to fully oppose trade protectionism
Germany owes NATO 'vast sums': Trump
        Russia marks three years since Crimea takeover

US, China to cooperate on 'dangerous' N.Korea situation
        S. Koreans protest against US missile defence system
Scottish leader set to rally troops for referendum
        In Labour heartlands, Brexit gives May a fighting chance
Previous                           Next  

>>>>>>>>>>>>>>> Sign Of The Times <<<<<<<<<<<<<<<

From: Larry Kazdan
To: Letters Editor Cc: Andrew Coyne <>
Subject: Andrew Coyne: Public spending should rise because it needs to, not just because it can, March 17, 2017

Stuff happens - ice storms, earthquakes, pandemics, and financial crises. When these erupt, we expect our federal government to take decisive action to relieve our distress. A response,"Sorry about your suffering, but we've reached our real per-capita spending limit" would be totally unacceptable. 

The trouble with fiscal anchors is that they are without economic justification, and are usually ideologically inclined toward smaller government. In a world of continuing social, technological and environmental change, the federal government must be sensitive to effects of real-world events on the population, and must use its fiscal capacity (which comes from owning the Bank of Canada) to best serve the public interest. Arbitrary limits are counter-productive.    


1. William Mitchell is Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), University of Newcastle, NSW, Australia

"The relevant goals should be about the outcomes that make societies prosperous and inclusive � goods schools and hospitals, good public transport, full employment, strong income support safety nets for those who cannot work, socially responsible minimum wages etc.
Forget the deficit. Forget the fiscal balance. Focus on what matters � employment, equity, environmental sustainability. And as we would soon see � the fiscal balance will just be whatever it is � a relatively uninteresting and irrelevant statistical artifact."

2. What is Modern Monetary Theory, or �MMT�?
"The essential insight of Modern Monetary Theory (or �MMT�) is that sovereign, currency-issuing countries are only constrained by real limits. They are not constrained, and cannot be constrained, by purely financial limits because, as issuers of their respective fiat-currencies, they can never �run out of money.� This doesn�t mean that governments can spend without limit, or overspend without causing inflation, or that government should spend any sum unwisely. What it emphatically does mean is that no such sovereign government can be forced to tolerate mass unemployment because of the state of its finances � no matter what that state happens to be.

Virtually all economic commentary and punditry today, whether in America, Europe or most other places, is based on ideas about the monetary system which are not merely confused � they are starkly and comprehensively counter-factual."


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