The DAILY DI1GEST: 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/
Liberals �double down� on deficit spending amid improving economic outlook
Trudeau and Poloz Are On an Economic Collision Course
By-election upset victory fuels Liberal hopes in Quebec
Trudeau credits Liberal economic agenda for upset win in Quebec byelection
Judge rules not enough evidence to continue with Sudbury byelection case
Federal economic outlook improves, deficit projected at $19.9B in 2017-18
Judge slams Ottawa for delays over $35-million CSIS lawsuit alleging workplace Islamophobia, racism and homophobia
Quebec justice minister apologizes for confusion around new face-covering law
Liberals byelection win in Quebec spells trouble for other federal parties
Since there�s no fiscal meltdown in sight, the Liberals will just keep on spending
Bill Morneau, Canada�s very expensive finance minister
Why did Masuma Khan�s post invite censure from Dalhousie if free speech is so vaunted?
Why Quebec�s Bill 62 is an indefensible mess
Quebec�s niqab ban uses women�s bodies to bolster right-wing extremism
Should Canada emulate Australia with a �budget honesty� charter?
Canada decides who crosses our border, �not the Kremlin,� says Goodale, amid Magnitsky spat
Liberal byelection win in Quebec shows blueprint for 2019 success
�We can win right here�: Brian Jean steps on Rachel Notley�s turf during UCP campaign stop
Morneau Shepell ties to Bombardier flag �minefield� for finance minister: Opposition critics
Call it Tinder for policymakers: a new TV show sends Canadian politicians on blind �dates� and sparks fly�over issues
Air Canada Crew Says Radio Didn�t Work During SFO Landing: FAA
The niqab law is appalling. It�s also clever, amoral politics.
The tenuous constitutionality of Bill 62
Is Canada headed into a new period of national disunity?
Who the f&%$ is Andrew Scheer?
Canada needs to follow Quebec lead on taxing Netflix
The demise of democracy
Dangerous intersection of law, politics, business and human rights
Beleaguered Liberal government hopes to deliver �good news� in fall economic update
Liberals 35, Conservatives 31, NDP 18, Green 7 in latest Nanos federal tracking
Liberal government to boost Canada child benefit payments: sources
Trudeau Can Bank or Spend Economic Dividend in Fiscal Update
Government should educate consumers about using food labels
Elizabeth May asks for maturity as MPs mock Marc Garneau�s words
Liberals take Tory seat in Quebec, Conservatives win Alberta byelection
NZ Prime Minister-Elect Jacinda Ardern shares Skype call with Justin Trudeau
NDP, Conservatives seek to rewrite law that let Morneau keep shares in family firm
Putin puts critic on Interpol wanted list after Canada passes Magnitsky law
Bill Morneau Says Opposition MPs Are �Obsessed� With His Personal Finances
Access to Information reforms fall short, pro-openness voices tell MPs
Human rights ruling on First Nation children caused Health Canada confusion: docs
New U.S. ambassador has no high-level diplomatic experience but promises �old-school manners�
Unifor head Jerry Dias �glad to be in the middle of it� on NAFTA talks
Singh shuffles former rivals back into the fold
Kenney says Quebec law on face-coverings is overkill
Feds to show smaller deficits in updated outlook, but no timeline to balance
Polls show trouble on horizon for Liberals over Morneau�s mess, says Nanos
>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<< http://looniepolitics.com/Working Families coalition back to haunt Tories with new advertising blitz - Robert Benzie, Toronto Star
People with diabetes losing disability tax credit because of �advances in technology�: minister - CTV News
New U.S. ambassador has no high-level diplomatic experience but promises �old-school manners� - John Ivison, National Post
Why Quebec�s Bill 62 is an indefensible mess - Paul Wells, Macleans
Diabetics� troubles no big deal to Liberals - Mark Bonokoski, Toronto Sun
Stelco looking to raise $200 million in IPO- The Canadian Press, Toronto Star
Great-West to offer program to help workers with student debt save for retirement- Jacqueline Nelson, The Globe and Mail
TOUTES LES NOUVELLES PUBLIES DEPUIS 24 HEURES http://fr.canoe.ca/infos/aujourdhui/
Les r�publicains lancent deux enqu�tes visant Obama et ClintonPlus
Gilbert Rozon: le 375e resserre son processus de plaintePlus
Une nouvelle cyberattaque frappe l'Ukraine et la RussiePlus
New York inond�e tous les 5 ans, un sc�nario possible Plus
Une adolescente sans papiers obtient le droit d'avorterPlus
Davantage de demandes, mais pas plus d'intervenantes dans les CALACSPlus
Climat: les dirigeants indig�nes r�clament plus de moyens pour les for�tsPlus
Le co�t du changement climatique pourrait exploser Plus
Investissement de 250 millions $: Kruger regarde vers l'avenirPlus
M�ga-projet de d�veloppement de 500 milliards $Plus
L'extr�me droite promet �une nouvelle �re� en AllemagnePlus
Portugal : le bilan des incendies d'octobre s'alourdit � 45 mortsPlus
Un chasseur d'�paves affirme avoir trouv� le plus ancien astrolabe nautiquePlus
Le Parlement europ�en pour la disparition du glyphosate dans l'UE d'ici 5 ansPlus
Washington annonce des mesures punitives contre l'arm�e birmanePlus
Les syndiqu�es de 578 CPE seront en gr�ve le lundi 30 octobrePlus
Les radicaux menacent d'encourager une �d�sob�issance civile massive�Plus
Les accus�es sur les lieux de l'assassinat de Kim Jong-Nam
FOREIGN AFFAIRS & GENERAL INFO>>>>>>>>>>>>>>>Stay up to date on Russia - read RussiaFeed<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>LOONIE WORLD<<<<<<<<<<<<<<<< http://looniepolitics.com/
Donald Trump: King of Deregulation? - Peter Boyer, The Weekly Standard
Lynch, the Clintons and a Series of Fantastic Coincidences - Gregg Jarrett, Fox News
Poll finds broad support for renegotiating nuclear deal with Iran - Jonathan Easley, The Hill
Tillerson seeks Arab help in US effort to isolate Iran- The Associated Press, The Times Of India
South Korea: �Time running out to prevent a nuclear N. Korea�- Marc Perelman, France 24
Israeli president accuses Netanyahu and allies of endangering democracy- Peter Beaumont, The Guardian
>>>>>>>>>>>>>THE LEBANON DAILY STAR<<<<<<<< http://www.dailystar.com
Einstein's theory of happiness sells for $1.3M at auction
Qatari-Palestinian cellular network launches in Gaza
Russia vetoes UN resolution on extending Syria gas attacks probe
Russia: Less than 5 pct of Syria still under Daesh control
Iraqi Kurd parliament delays elections for 8 months
Catalan leaders plan legal challenge to Spain's takeover
Far-right AfD vows 'new era' at German parliament debut
Trump's refugee ban ends, new screening rules put in place
EU nations clinch long-sought deal on 'posted workers'
EU's Tusk says 'up to London' how Brexit ends
Unlikely allies eye vote to legalize cannabis in NZ
China's Communist Party inserts Xi into party constitution
Israelis doubt Lieberman�s Hezbollah shelling claim
Tillerson sees room for Taliban in Afghan government
After election win, Abe prioritizes North Korea, aging Japan
Cyprus faces waste deluge as tourist numbers soar
Rouhani: Iran�s regional status has never been stronger
>>>>>>>>>>>>>>> Sign Of The Times <<<<<<<<<<<<<<<
http://www.sott.net/
BELOW(30)(30)(30)(30)(30)(30)(30)(30)(30)(30)(30)30)(30)(30)(30)(30)(30)
From: Larry Kazdan http://www.sott.net/
BELOW(30)(30)(30)(30)(30)(30)(30)(30)(30)(30)(30)30)(30)(30)(30)(30)(30)
To: Letters Editor Cc: adb@cp.org
Subject: Re: At mid-mandate and with extra cash, Liberals to chart fiscal course toward 2019, Andy Blatchford, October 22, 2017
- http://business.financialpost.com/pmn/business-pmn/at-mid-mandate-and-with-extra-cash-liberals-to-chart-fiscal-course-toward-2019
- Finance Minister Bill Morneau intends to reduce the government's debt-to-GDP ratio. But this measure, based on gold standard days when national governments could run out of bullion and fail to repay their borrowings, is today irrelevant. The gold standard era ended more than 45 years ago, and sovereign governments like Canada, the U.S. and Japan can always create fiat money at will, and can always service any debts denominated in their own currencies.
- The only meaningful way to appraise the fiscal position of a monetary sovereign like Canada is to assess the state of the economy in real terms: do we have sufficient job opportunities, a healthy environment and first-class services? Currently Canada has 1.3 million unemployed, many unused resources, and few signs of inflation. Public purpose today demands a robust program of infrastructure renewal and poverty reduction within the framework of a full employment policy. Shackling the economy with arbitrary restraints is foolish.
- Footnotes:
- 1. Warren Mosler is an American economist and co-founder of the Center for Full Employment And Price Stability at University of Missouri-Kansas City
- Fiat money is a tax credit not backed by any tangible asset.
- http://www.correntewire.com/myths_scares_lies_and_deadly_innocent_frauds_part_one
- In 1971 the Nixon administration abandoned the gold standard and adopted a fiat monetary system, substantially altering what looked like the same currency. Under a fiat monetary system, money is an accepted medium of exchange only because the government requires it for tax payments. Government fiat money necessarily means that federal spending need not be based on revenue. The federal government has no more money at its disposal when the federal budget is in surplus, than when the budget is in deficit. Total federal expense is whatever the federal government chooses it to be. There is no inherent financial limit. The amount of federal spending, taxing and borrowing influence inflation, interest rates, capital formation, and other real economic phenomena, but the amount of money available to the federal government is independent of tax revenues and independent of federal debt.
- In 1971 the Nixon administration abandoned the gold standard and adopted a fiat monetary system, substantially altering what looked like the same currency. Under a fiat monetary system, money is an accepted medium of exchange only because the government requires it for tax payments. Government fiat money necessarily means that federal spending need not be based on revenue. The federal government has no more money at its disposal when the federal budget is in surplus, than when the budget is in deficit. Total federal expense is whatever the federal government chooses it to be. There is no inherent financial limit. The amount of federal spending, taxing and borrowing influence inflation, interest rates, capital formation, and other real economic phenomena, but the amount of money available to the federal government is independent of tax revenues and independent of federal debt.
===================================
