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NAFTA further imperilled by U.S. demand for stringent American auto content
Andrew who? In search of Scheer�s still-elusive Conservative identity
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>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<< http://looniepolitics.com/Andrew who? In search of Scheer�s still-elusive Conservative identity - Roy MacGregor, The Globe and Mail
Records of residential school abuses can be destroyed, Supreme Court rules - The Canadian Press, Toronto Star
�Deeply disappointed:� Premiers say loss of Energy East pipeline bad for West - The Canadian Press, CTV News
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Manitoba moves to allow floor-crossing; may end stall tactics by ousted MLA - Steve Lambert, The Canadian Press, CTV News
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Percentage of women on boards of directors edges higher, CSA report- CTV News
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Repeal the Second Amendment - Bret Stephens, New York Times
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From: CurtisMacDonald http://www.sott.net/
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Subject: Mahmood Elahi
Hi Joe
Nice dream but I am from BC and have one question, The question is where the hell in BC are you going to plug your electric ac in?
Cutis MacDonald
Delta, BC
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From: "Mahmood Elahi" To: <Tjharper77@gmail.com>,
Subject: BMD will not protect America from more likely nuclear terrorism
The Editor
The Toronto Star
BMD will not protect America from more likely nuclear terrorism
Re: �Should Trudeau�s Liberals ask Trump for protection against missiles,� by Tim Harper, Oct. 5.
In his book: �Nuclear Terrorism: The Ultimate Preventable Catastrophe,� Dr. Graham Allison, Founding Dean of Harvard�s Kennedy School of Government and former Assistant Secretary of Defence, writes: �The nuclear weapon that terrorists would use in the first attack on the United States is far more likely to arrive in a cargo container than on the tip of a missile. In March 2001, six month before 9/11, national intelligence officer Robert Walpole testified to a Senate subcommittee: �Non-missile delivery means are less costly, easier to acquire, and more reliable and accurate.� � A nuclear bomb smuggled into the country inside a ship or a truck and detonated by surprise would have no return address. In the aftermath of a nuclear attack, America�s leaders could find themselves with no idea of where it came from, or how and against whom to respond.�
If a rogue state like North Korea wanted to attack the United States with nuclear weapon, it would simply smuggle a bomb in a container ship and explode it through remote control. As such, missile defence will be an expensive boondoggle that will not protect North America from more likely nuclear terrorism. Dr. Allison�s prescription has been to install radiation �portal detectors� that can scan entire cargo containers for traces of radioactivity in minutes.
With nuclear terrorism a bigger threat, more preventive measures are needed to protect our ports by installing radiation detection portals and other devices. No missile defence will do the job.
MAHMOOD ELAHI
Ottawa.
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From: Larry Kazdan To: letters@herald.ca
Subject: Re: Feds could erase debt by 2060, while most provinces face bigger fiscal woes: PBO, the Canadian Press, October 5, 2017
- http://thechronicleherald.ca/business/1509184-feds-could-erase-debt-by-2060-while-most-provinces-face-bigger-fiscal-woes-pbo
- According to Library of Parliament research, "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."
- The Canadian government's budget is "fiscally" sustainable because funds can always be made available with political will - witness the $200 billion fund offered to troubled financial institutions by the federal government after the 2008 credit crunch. Certainly too much government spending could cause inflation, but too little allows mass unemployment which is indeed the case today with 1.2 million Canadians actively seeking work.
- 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 full employment, environmental stewardship and first-class education and health infrastructure? The Parliamentary Budget Officer should answer questions like these and ignore the federal budget balance which standing alone is simply an irrelevant statistical artifact.
- Footnotes:
- 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=31487
- "The fiscal balance should never be a policy target � whether it be an immediate aim or some stretched goal into the future.
- 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."
- "The fiscal balance should never be a policy target � whether it be an immediate aim or some stretched goal into the future.
- 2. How the Bank of Canada Creates Money for the Federal Government: Operational and Legal Aspects
- Penny Becklumb,Mathieu Frigon, Economics, Resources and International Affairs Division, Library of Parliament, 10 August 2015 http://www.lop.parl.gc.ca/Content/LOP/ResearchPublications/2015-51-e.html?cat=economics
- 3. Improving Access to Financing and Strengthening Canada's ...
- www.fin.gc.ca/pub/report-rapport/2011-7/ceap-paec-2f-eng.asp
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