Canadians’ love affair with debt has reached a new high, says a recent government report. According to Statistics Canada, Canadians’ debt levels have exceeded the nation’s gross domestic product (GDP). The report shows that debt held by Canadian households rose to 100.5 percent of GDP in the second quarter of 2016. This is up from […]
Archives for November 2016
Report: U.S. government wastes $55 billion using floppy disks, 1960s software
Do you still use eight-inch floppy disks? What about software coding from the 1960s? No? Well, the United States government does! Every year, the federal government spends a large chunk of your tax money on updating its outdated technology. Despite these upgrades, Washington still tends to waste billions of dollars per year on outdated systems […]
Scary: Donald Trump wants imprisonment or loss of citizenship for flag burning
Legendary French philosopher and author once said: I may disagree with what you say, but I will defend to the death your right to say it. The same thing be applied to flag burning. If you appreciate the United States Constitution, your freedom of speech and the non-aggression principle then you should, despite disagreeing with […]
Barron’s urges Trump to adopt Hamilton policy by issuing long-term bonds
How can the United States government sustain its spending, deficits and debt? By issuing 100-year bonds, of course. Barron’s magazine is urging President-Elect Donald Trump to take a page out of Alexander Hamilton’s playbook: take advantage of the historically low long-term interest rates by issuing Treasury bonds and to make them as long-term possible. It […]
LOL: The fake news of CNN exposed (video)
In the aftermath of the United States presidential election, there has been a lot of talk about so-called fake news. A lot of the “experts” say that the rise of fake news sources helped Donald Trump pull off the upset victory earlier this month. And this is why the likes of CNN and MSNBC are […]