Monthly Archives: March 2011

Media consortium makes bone headed reactionary decision to exclude Green party leader from the televised debates.

Incredibly at a time when the world watches with horror the nuclear reactor disaster in Japan, the hidebound out of touch media leadership who clearly operate as if they were in the nineteenth century as opposed to the 21st have … Continue reading

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Anti coalition fear mongering shows ignorance of Canadian history

There is a lot of loose diatribe and fear mongering among politicians , journalists and citizens about the danger of coalition government that reveals an appalling ignorance of Canadian political history and parliamentary government. The only criterion for becoming the … Continue reading

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Several new polls show Liberal vote at 18 % in Québec

Several new polls have come out including a Leger poll, an Ekos poll and an Ipsos poll that show the Liberals at 18% in Québec. This is much better than the 11 % reported in an earlier CROP poll. The … Continue reading

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Close to half million marchers peacefully protest Osborne, Cameron , Clegg cuts in London

Britons in very large numbers reminiscent of the great trade union and peace marches of the early 1970s turned out for a march and demonstration in central London against the cuts now underway in essential social services and public spending. … Continue reading

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Opposition defeats Canadian Conservative minority Government election next

The combined opposition parties led by the Liberal party under the leadership of Michael Ignatieff, the New Democrats led by Jack Layton and the Bloc Québecois led by Gilles Duceppe have passed a non confidence vote 156 to 145 on … Continue reading

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Canadian federal opposition parties reject Conservative Government budget election all but inevitable

The New Democrats joined the opposition Liberal and Bloc Québecois parties in rejecting the recently tabled budget of Stephen Harper’s Conservatives thereby making another federal election almost a certainty. The budget itself was a rather careful centrist leaning budget considering … Continue reading

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British headline inflation rises but there is more to the data than meets the eye

The Office of National Statistics has released the latest inflation data for the month of February in the U.K. the headline rate of CPI inflation has risen to 4.4 % and a number of papers are congratulating the Chancellor George … Continue reading

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Inflation, money supply, exchange rates and Japan

Gavin Davies has a very interesting post in his blog on the FT wherein he references a 1999 paper by Ben Bernanke(Japanese Monetary Policy:A Case of Self-Induced Paralysis http://www.pile.com/publications/chapters_previews/319/7iie289X.pdf) for the Peterson Institute for International Economics on the deflationary plight … Continue reading

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Good news on no fly zone reactor problems persist in Japan

Finally and hopefully not too late to accomplish the task the Security Council voted with 5 abstentions and no votes opposed to impose a no fly zone in Libya to protect innocent civilians from attack by the Gaddafi regime’s airpower. … Continue reading

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Oil production, exports and imports :Some essential data

Current events in the Middle East including the dramatic and tragic events in Libya have caused a spike in global petroleum prices with serious implications for the economic recovery now underway. Oil is often the key to understanding the history … Continue reading

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