Imagine if you will a world where you are allowed to gamble as much as you want. Level of risk does not matter. A world where you get to keep all your winnings and have your losses replaced by the poor completely ignorant taxpayer. You can’t lose. Sounds great right? Well that is the world […]
This $1 billion for Ukraine is a rip-off for the America taxpayer, but it is also a bad deal for Ukrainians. Not a single needy Ukrainian will see a penny of this money, as it will be used to bail out international banks who hold Ukrainian government debt. According to the terms of the International […]
Saw this story on 60 minutes last night. This stuff is not really new as many people have known about it for quite a while. The problem was that nobody knew what to do about it. Right now, its legal to front trade by this method. How it is legal, I have no idea. I […]
Fiat currency, if you like, is backed by men with guns. – US Economist Paul Krugman Yup….and who has the most guns? If you look at that chart, which country do you think we need to fear? Russia? China? The USA?
Hidden debt. Not something anyone has ever mentioned before but it does exist. Here in Thunder Bay as well. Unpaid rent, taxes and utility bills? The City of Thunder Bay writes off tens of thousands of dollars in unpaid property taxes every year. Ontario does the same thing. Payday loans? That is one of the […]
Interesting FYI on what is going on behind the scenes. Conspiracy theorists may be vindicated. This kind of shit happens all the time. This is how countries start wars and justify invasions. The same thing is going on right now with the Ukraine. I am wondering what incident will cause the Ukrainians to ask NATO […]
One thing that is consistent is PM Steve’s inconstant foreign policy. So who are the people that PM Steve is in the Ukraine engaged in a round of hand shaking and back slapping? Lets have a look. Great group of politicians and PM Steve loves them. Why? Because they hate Russian President Putin as much […]
Surprise! The US may benefit economically from the Ukraine crisis. Liquefied natural gas…keep that in mind. You will hear a lot about plans to ship some of the huge surplus of US shale gas derived from fracking over to Europe. And fracking in Europe? This may give pro fracking corporations more ammunition to fight the […]