CANADIAN DAILY DIGEST August 25, 2017.

The DAILY DIGEST: INFORMATION and OPINION
>>>>>>>>>>>>>>>HEADLINES ACROSS CANADA <<<<<<<<<<<<<<<

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

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<<<<<<<< http://www.nationalnewswatch.com/

Duffy sues Senate, government for almost $8-million

Public works department introduces government�s 1st transgender policy
        N.L. MP Judy Foote steps down from cabinet
Davie shipyard suspected Scott Brison of favouring Irving in dispute: affidavits
        NDP Leadership Hopefuls Split On Religious Rights In Battleground Quebec

Jason Kenney offered help to meet with kids from gay-straight groups
        Time to join U.S. ballistic missile defence, says retired general, senator Romeo Dallaire
NAFTA countries enter confidentiality deal; promise not to leak on each other
        Quebec preparing to dole out welfare to asylum seekers: report
Liberal MP Seamus O�Regan seen moving to cabinet to replace Judy Foote
        Senate turns to Federal Court in racial discrimination dispute

Defence chief to show solidarity, spark recruitment with Pride Parade march
        Conservative senator asks colleague to explain strange Facebook activity
Scheer says illegal border entry points should be designated as official
        Canada�s review of arms sales to Saudi Arabia runs into a bit of a snag
Justin Trudeau is between a rock and a heart place on immigration
        Trudeau�s warning to would-be asylum seekers may fall on deaf ears
Steve Bannon doesn�t want to destroy the media � he wants to reshape it
        The most heinous crime in Canada � judge faces hearing over Trump hat
Trudeau must dispel the myth there�s �always a place� for refugees in Canada

Jason Kenney offered help to meet with kids from gay-straight groups
        Time to join U.S. ballistic missile defence, says retired general, senator Romeo Dallaire
NAFTA countries enter confidentiality deal; promise not to leak on each other
        Quebec preparing to dole out welfare to asylum seekers: report
Liberal MP Seamus O�Regan seen moving to cabinet to replace Judy Foote
        Senate turns to Federal Court in racial discrimination dispute
Could a cornered Trump kill NAFTA on his own?
        The roaring silence around trade talks with China
Canada would be wise to steer clear of a return to �graveyard of empires�
        How the federal government can shape Canada�s Development Finance Institution

Why we shouldn�t cheer for white supremacist website deletions
        Empowered or Imperiled? Women as Canadian party leaders
Why universities can�t be expected to police copyright infringement
        The immense challenge of the Northwest Passage
The answer to left-wing identity politics is not right-wing identity politics
        He�s considered Canada�s founding father, but many Ontario teachers want his name stripped from public schools
Nearly 1 in 2 public servants paid by Phoenix have reported problems
        Rob Ford�s former chief of staff sends some advice to the White House
Canada puts pressure on allies to monitor far-right extremists
        The Rebel up for a bit of reboot, says outlet founder Ezra Levant

>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<< http://looniepolitics.com/
Quebec will hand out welfare cheques to asylum seekers, report says - The Canadian Press, Toronto Star
        Ontario elementary teachers� union calls for renaming John A. Macdonald schools - The Canadian Press, National Post
Astonishing nonsense from the Liberals amid surge of asylum-seekers - Chris Selley, National Post
        Trudeau walks back reckless immigration tweet - Candice Malcolm, Toronto Sun
Rethink needed on old age security eligibility after fiscal report, Tory critic says - Jordan Press - The Canadian Press, Toronto Star
        Canada is not a safe haven for asylum seekers, Trudeau warns - Allan Woods, Toronto Star
Why the loonie�s best days will soon be behind us: CIBC- Yadullah Hussain, Financial Post
        Canada being asked to give up NAFTA Chapter 19 arbitration system in renegotiation- The Canadian Press, CBC News

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

�Attaques acoustiques� � Cuba: 16 employ�s de l'ambassade am�ricaine touch�sPlus
        Place Bell � Laval: le manque de places de stationnement d�nonc�Plus
Un ancien employ� de restaurant ouvre le feuPlus
        Donald Trump fustige ses alli�s du Congr�sPlus
Un poteau d'Hydro-Qu�bec au milieu d'une rue � LongueuilPlus
        C'est la fin pour Chantal Racette � la t�te des cols bleusPlus
Huit disparus apr�s un glissement de terrain dans les Alpes suissesPlus
        Concert annul� aux Pays-Bas: un homme de 22 ans arr�t�Plus

FOREIGN AFFAIRS & GENERAL INFO

>>>>>>>>>>>>>>>LOONIE WORLD<<<<<<<<<<<<<<<< http://looniepolitics.com/
How Donald Trump Poisons Free Speech - Sarah Jones, The New Republic
        ESPN Pulls a Broadcaster, Robert Lee, and Encounters a Storm - Marc Tracy, New York Times
�I don�t know how it got this bad�: Trump supporters and protesters meet in Phoenix - Jenna Johnson, Washington Post
        Trump gathered with possible Flake challengers in Phoenix: report - Mallory Shelbourne, The Hill
Fake Polls Are A Real Problem - Harry Enten, FiveThirtyEight
        Three bodies found on Mont Blanc after being hidden by glacier for decades- Agence France-Presse, The Guardian
Brazil opens vast Amazon reserve to mining- BBC News
        Thousands of Rohingya flee Myanmar for Bangladesh- Al Jazeera
US slashes military and economic aid to Egypt citing poor human rights record- France 24
        Typhoon leaves 12 dead after lashing Macau, Hong Kong- The Times Of India

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

Globalization�s castaways haunt bankers
        Month after sanctions, Russia risk slides to four-year low
Finding a constitutional panacea for Libya
        Who�s in charge now in Syria?
A chilling omen
        Opposition told to come to terms with Assad survival
Syria war tightens, U.S. and Russia hotlines humming
        Integration of Muslims in Germany moves ahead

Previous                           Next

>>>>>>>>>>>>>>> Sign Of The Times <<<<<<<<<<<<<<<
http://www.sott.net/

>>>>>>>>>>>>>>>GLEANED POSTS<<<<<<<<<<<<<<<
The Never Ending War Trap

BELOW(30)(30)(30)(30)(30)(30)(30)(30)(30)(30)(30)30)(30)(30)(30)(30)(30)

From: Larry Kazdan
To: letters@globeandmail.ca Cc: bcurry@globeandmail.com
Subject: Re:  CPP changes will disqualify 243,000 from Guaranteed Income Supplement: report, Bill Curry, Aug. 23, 2017

https://www.theglobeandmail.com/nes/politics/cpp-changes-will-disqualify-243000-from-guaranteed-income-supplement-report/article36067917/

The Federal government can always issue OAS and GIS payments because these are fiat monies created through electronic entries.

The real issue is what that those funds will buy in the real world, and that will depend on the resources and productivity of the economy.

Government should invest in advanced infrastructure and a healthy, educated workforce, since these create the products and services that retirees will require.

However, conventional wisdom has it backwards. Higher pension deductions today along with government fiscal restraint will depress economic activity, while steering ever more investment into non-productive stock bubbles, ready to collapse and wreak future havoc. 

Footnotes:

1. How the Bank of Canada Creates Money for the Federal Government: Operational and Legal Aspects, Library of Parliament

  http://www.lop.parl.gc.ca/Content/LOP/ResearchPublications/2015-51-e.html?cat=economics

"By recording new and equal amounts on the asset and liability sides of its balance sheet, the Bank of Canada creates money through a few keystrokes. The federal government can spend the newly created bank deposits in the Canadian economy if it wishes."

***

".....there is no external limit to the total amount of money that the Bank of Canada may create for the federal government."

***

"The Bank of Canada's money creation for the Government of Canada is an internal government process. This means that external factors, such as financial markets dysfunction, cannot cause the federal government to run out of money."

2. Europe � the deliberate wastage of its youth continues

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=36695

"....there are no financial constraints on governments being able to fund pensions, health care and other services that may arise as the population ages and the workforce shrinks.

The real challenges of a rising dependency ratio will be the real resources that the society can command in the future.

Clearly, future generations will have to be more productive than past generations to support a broader group of citizens who are no longer working and require more intensive service support.

In that context, it is imperative that we improve our public education and health systems and ensure that all our young people are engaged in skill development to prepare them for the future productive challenge that we will place on them

In that context, fiscal austerity, which leaves a significant proportion of human resources idle, runs down public education capacity, delivers sub- standard health outcomes, is the opposite to what is required to prepare for the future."

3. Pension Funds Are So Big They'll Create A Bubble In Any Market ...

http://www.businessinsider.com/pension-fund-bubble-creators-2010-9

"To conclude, pension funds are so large that they will bubble-up any financial market they are allowed to enter�and what goes up must come down. The problem really is that what Hyman Minsky called managed money (including pension funds, sovereign wealth funds, university endowments, money market funds, etc), taken as a whole, is simply too large to be supported by the nation's ability to produce output and income necessary to provide a foundation for the financial assets and debts that exist."

===================================
From: Bill Woollam
Subject: Two Netflix dramas to understand the core of Sufi and Muslim wisdom

For anyone who has Netflix and wants to understand the core of Sufi and Muslim wisdom....there are too videos that are episode by episode and which give a clear understanding of Sufi and Muslim spirituality and their obstacles/challenges.

I have been learning to let go of judgement and just immerse myself in these Sufi/Muslim stories, in order to get a clearer grasp of the culture and history of the Middle Eastern peoples.

These two dramas are a gradual unfoldment/depiction of Sufi/Muslim life in and around 1260 AD.

The first episode series is about a Arabian judge who becomes a Sufi dervish.  This is a slow and contemplative series.  It requires using English subtitles. https://www.netflix.com/ca/title/80126991

 Yunus Emre | Netflix www.netflix.com
During the Mongol invasions, Yunus Emre leaves his home to travel across the Ottoman Empire, defying hardships and temptations to become a dervish. Watch trailers ...

The second episode series is a history of the Muslim resistance to exploitation and persecution by the Mongols and the Christian Crusaders.   It is more action packed, dramatic, and quite worth the time to gradually immerse one's attention into.  The actors are excellent, with the heroes and villains all quite believable.
https://can.newonnetflix.info/info/80127001/s

===================================