Sunday, 17 June 2018

Rex Murphy: Comey, Clinton are proof that it's egotism that corrupts completely - National Post

Justice watchdog's report on email investigation reveals Comey presided over a real 'basket of deplorables' — a biased, democracy-defying FBI

Then-FBI director James Comey testifies before the U.S. House Oversight Committee about the investigation into Hillary Clinton's emails, in Washington on July 7, 2016.J. Scott Applewhite/AP
Such was Anthony Weiner’s admiration of his private parts, he burned to share their glory with the world — particularly, that part of it composed of young and female strangers. Thus it was he became the Ansel Adams of genital selfies. Iphone in one hand, his unspeakables on the pedestal of the other, Instagram his gallery, out went the junk mail.

His other fame, leaving aside such trivia as serving in the U.S. Congress, and a hilarious run for mayor of New York, was his (now exploded) marriage to Hillary Clinton’s top aide and principal pilot fish, Huma Abedin. If Disney did noir it could be a movie: The Princess and the Pervert.

Friday, 15 June 2018

Bloomberg: Millionaires Now Own Half of World's Personal Wealth

The Rich Are Getting Richer

The rich are getting a lot richer and doing so a lot faster.

Personal wealth around the globe reached $201.9 trillion last year, a 12 percent gain from 2016 and the strongest annual pace in the past five years, Boston Consulting Group said in a report released Thursday. Booming equity markets swelled fortunes, and investors outside the U.S. got an exchange-rate bonus as most major currencies strengthened against the greenback.

The growing ranks of millionaires and billionaires now hold almost half of global personal wealth, up from slightly less than 45 percent in 2012, according to the report. In North America, which had $86.1 trillion of total wealth, 42 percent of investable capital is held by people with more than $5 million in assets. Investable assets include equities, investment funds, cash and bonds.

“The fact that the wealth held by millionaires as a percentage of total wealth is increasing does not mean that the poor are getting poorer,” Anna Zakrzewski, the report’s lead author, said in an emailed statement. “What it means is that everyone is getting richer. Specifically, we believe that the rich are getting richer faster.”

Thursday, 14 June 2018

Gary Bettman arrives at Stanley Cup final to question no one could have expected: Are the Vegas Golden Knights too good? - National Post

Vegas has been the story of the season, but they wouldn’t be here without an expansion draft that made them competitive right out of the gate

LAS VEGAS — If the Vegas Golden Knights were to win the Stanley Cup, would the NHL commissioner still get booed?

That was the first question asked to Gary Bettman a couple of hours before Game 1 of the championship final on Monday. And it was a question he didn’t expect to receive in Year 1 of the expansion franchise. After all, it’s been 20 years since the Washington Capitals last reached the final and more than half a century since the Toronto Maple Leafs were here.

That’s worth a few cheers, isn’t it?

Well, it depends on your viewpoint. While the Golden Knights have been the story of the season, they wouldn’t be here without an expansion draft that the NHL tweaked to make the team competitive right out of the gates.

They drafted name players, such as Marc-Andre Fleury and James Neal. They put teams into compromising positions, essentially forcing them to make trades that netted Vegas talented youngsters or expensive depth players.

“We needed to make the team more competitive,” said Bettman. “This was the first expansion in the salary cap era as we afford all of our clubs an opportunity to be competitive.”

NHL commissioner Gary Bettman speaks to the media prior to Game 1 of Stanley Cup final in Las Vegas on May 28. Harry How / Getty Images

Wednesday, 13 June 2018

CBC News: Top Republicans slam Trump's anti-Canada tirade, metals tariffs

'I frankly commend Canada for its measured and sober response,' U.S. senator says

Source: John Paul Tasker | CBC News
Two of the president's fiercest Republican foes have come to Canada's defence as a trade war brews between the U.S. and its neighbour to the north over steel and aluminum tariffs — with at least one senator slamming U.S. President Donald Trump's actions as "insulting" to such a close ally.

Top Republican lawmakers Sen. Jeff Flake of Arizona and Sen. Bob Corker of Tennessee — both outspoken critics of Trump in recent months — said the Trump administration's justification of these punitive tariffs on national security grounds is bogus and an abuse of U.S. law.

"Can you imagine, being Canada, our closest ally on the planet, and being told that they represent a national security threat, that the export of steel and aluminum is threatening our national security?" Flake told reporters Wednesday after he and other members of the powerful Senate foreign relations committee met with Foreign Affairs Minister Chrystia Freeland in Washington.

Everything's Not O.K.

I’ve thought about death a lot over the past few years.

About dying. And what it might be like if I wasn’t around.

I’ve struggled a ton since I retired from hockey in 2011, and I’ve faced a bunch of different personal demons. But recently I’ve been unable to shake thoughts of….

Canada to co-host 2026 World Cup

U.S., Mexico also part of successful bid

Delegates of Canada, Mexico and the United States celebrate after winning a joint bid to host the 2026 World Cup. Voting took place at the FIFA Congress on Wednesday in Moscow. (Pavel Golovkin /Associated Press)
The World Cup is coming to Canada.

FIFA member associations gathering in Moscow on Wednesday voted 134-65 in favour of the joint North American bid by Canada, the U.S. and Mexico to host the 2026 World Cup, beating out Morocco. There was one No vote.

"Football today is the only victor," said U.S. Soccer president Carlos Cordeiro.

Why Trump's threats could give Canada a trade advantage it never sought: Don Pittis

President's trade bravado puts Federal Reserve in awkward spot as U.S. dollar rises

If the Bank of Canada fears Trump's trade threat is real, it might be forced to reduce future interest rate hikes, effectively giving Canada an unwanted trade advantage. (Jonathan Ernst/Reuters)
The head of the U.S. Federal Reserve may be the world's most powerful central banker, but U.S. President Donald Trump has put him in an awkward position.

And contrary to the president's promise to increase U.S. exports, if Fed chair Jerome Powell raises interest rates today — and markets are making a 100 per cent bet that he will — odds are he will make it harder to sell his country's goods abroad.

Meanwhile in Canada, Trump's latest tough trade talk is already giving us an international trade advantage as the U.S. dollar rises on world markets and the loonie falls.