Where is the outrage that the male labor force participation rate is at an all-time low dating back to the 1950s? Will MSNBC, President Obama and feminist activists be devastated by the fact that a shrinking number of men are participating less and less in the workforce? Probably not. Equality isn’t the issue at hand, […]
Archives for September 2015
Video: John Stossel on political promises and other lies
It’s election season in both Canada and the United States. You know what that means? Expensive campaign promises, political lies and deception of the general public. But it’s just another day in politics. John Stossel, host of the Fox Business Network show “Stossel,” looks at various political promises made by our beloved leaders that turned […]
Uber forces Toronto taxis to petition city hall to lower meter rates
Uber, the ride-sharing mobile app service, isn’t only creating a better car service in cities all over the world, the company is also making taxi companies become more competitive, or at least trying to be. It’s great how competition can benefit the consumer. Beck Taxi, a Toronto taxi firm, established an online petition urging the […]
German Finance Minister on Central Banks, Governments: ‘Fewer debts, fewer crises’ is best policy to embrace
It’s quite rare to find a finance minister of the G20 deliver some common sense about central banking and governments’ reliance on debt. It’s rarer than a politician with knowledge of Austrian economics, or about anything other than statism and big government. But German Finance Minister Wolfgang Schaeuble was espousing the virtues of surpluses and […]
Marc Faber says 21st century central banking has led to ‘no safe assets’
Central banking has metastasized into a mixture of insouciance and ignorance. Today’s crop of central bankers believe they’re the smartest people in the room who have all the answers and can manipulate every facet of the economy. This thinking creates the booms and busts, the recessions and depressions. Marc Faber, editor and publisher of the […]