Want to Make Drugs Less Lethal? Legalize Them.

 Marijuana, i.e., cannabis, is now legal in eleven states for recreational use, thirty-three states for medical purposes, and another sixteen states have decriminalized it (usually fines for possession of small amounts). The upcoming election will see several legalization ballot measures, including recreational use legalization in Arizona, Montana, and New Jersey and medical use in Mississippi. South Dakota will have both medical and recreational legalization measures on the ballot and Oregon will have ballot measures that would decriminalize all drugs and another that would legalize psilocybin, i.e., “magic mushrooms,” for purposes of helping people with certain mental health issues.

In the mid-1980s, at the pinnacle of the war on drugs, I wrote a paper for one of my graduate classes on the potency of illegal drugs. The paper shows that the prohibition of drugs causes illegal drugs to be produced that are more potent and dangerous than if they were produced legally and commercially. It was a simple application of the Alchian–Allen effect, where a lump-sum cost like a tax or transport cost (in this case risk) is added to two different grades of the same product, such as high-potency and low-potency cannabis, decreasing the relative price of the higher-grade product. Some people refer to this as simply “getting a bigger bang for your buck.”

The Top 10 Gold Producing Countries

 

Gold has been used as a medium of exchange for thousands of years and has held its value throughout that time. That is what makes gold so desirable. Gold has always represented undiluted value and a financial hedge against bad economic times.

The fact is, however, that the supply of gold may be diminishing. Old, profitable mines have been depleted, and finding new mines is becoming more difficult.

With the COVID pandemic throwing global economies into chaos, the current gold price has been hovering around $1,900 per ounce these last few weeks.

David Einhorn: "This Is An Enormous Tech Bubble" And It Popped On September 2, 2020

 For those who have not followed David Einhorn’s crusade against central bank money printing, and the epic bubble these cluless academic hacks have created, his views on the “enormous tech bubble” we are currently living through and published in his latest letter to investors of his Greenlight hedge fund (which returned 5.9% in Q3) will provide some unique perspective.

To everyone else who is familiar with how his fund has been hammered by his tech short basket — and especially Tesla — over the past five years, as the most overvalued tech stocks in history continued to rip even higher year after year, we doubt his latest thoughts will come as a surprise, although his observations on the endgame are certainly remarkable, if for no other reason that he has dared to declare the time of death of said “enormous tech bubble” as Sept 2, 2020, the day the S&P500 and the Nasdaq both hit an all time high.

Conrad Black: Coronavirus hysteria will soon come to an end

 

PHOTO BY JULIE OLIVER/POSTMEDIA

Is it possible that the coronavirus hysteria will soon come to an end? Yes, it is. And it is that soon, the US elections will end, and whatever the result, the rationale for the anti-Trump Democratic press will end to incite public hysteria regarding COVID-19.

COVID-19 known as coronavirus disease is an infectious disease caused by the SARS-CoV-2 virus, which has caused a stir around the world, and in fact, it could be said that for an instant it paralyzed it. Now, the basic facts are that the coronavirus is not fatal to 99.997 percent of people under 65 and it is not fatal to 94.6 percent of people over 65. Likewise, the vast majority of people of all ages, including the elderly, have minimal or no symptoms when they suffer from it, and approximately 98 percent of people who contract the coronavirus and survive it seem to be thereafter largely immune to it, at least for a time.

Irremediable consequences

Jamil Jivani: Wokeness — the new religion of the left

 

The religion of wokeness is being pushed on us by elitist politicians, like Canada's Liberals, and tech executives, like those at Yelp, writes Jamil Jivani. PHOTO BY CARLO ALLEGRI/REUTERS; JIN LEE/BLOOMBERG

A relevant fact that needs to be mentioned is that various elitist political activists as well as Big Tech executives have been given the task of endlessly promoting conspiracy theories which suggest that traditional religious believers will seize power and thus force their views. religious over others. It is clear that they regard the faithful masses with contempt while insisting that believers who dare to enter public life have a hidden theocratic agenda.

There is no doubt that there is and in fact, a great hypocritical tendency is denoted since while they point with their conspiratorial fingers at citizens of various religions, these elitists are frantically seizing the power to impose on the public a new religion and impious: the awakening.

Now, it is necessary to clarify “the awakening”, it is based on the belief that prejudice and discrimination are present at all times as an invisible spirit that influences all our thoughts or actions, it is mainly performative and ritualistic.

Alarming religion

Covid-19 study on mask-wearing efficacy rejected by journals as no one is ‘brave’ enough to publish

 

REUTERS/Lee Smith

A large-scale study in Denmark that sought to determine if masks help stop the spread of Covid-19 has been rejected by several prestigious journals. The authors hinted that their findings were inconvenient to the status quo.

The Lancet, the New England Journal of Medicine, and the American Medical Association Journal all turned down the paper, Danish media reported on Thursday.

The study, which began in late April, involved 6,000 Danes, half of whom were asked to wear masks at all times in public places. The other half were selected as a control group and were instructed not to cover their faces. After a month, participants were tested for Covid-19 as well as for antibodies against the virus.

How Long Before This Time Bomb Blows Up?

 

When governments started locking down economies in response to the coronavirus pandemic, the Federal Reserve sprung into action. The central bank immediately cut interest rates to zero and launched what we’ve called “QE infinity.” Since then, the Fed has ballooned its balance sheet by nearly $3 trillion and increased the money supply at a record pace. Along the way, Powell and Company signaled they were surrendering to inflation, moving the inflation targeting goalposts to allow for the inevitable increases in consumer prices. Meanwhile, the federal government has run the national debt to over $27 trillion.

The question is how long can this go on?

How long will the Fed continue this extraordinary monetary policy? Or as economist Pavel Mordasov phrased it, “How long can the Fed keep this timebomb from exploding?”

Best-case vs. worst-case election scenarios: Why gold price wins either way

 

(Kitco News) Markets fear uncertainty and there is plenty of it on the table with the U.S. election less than two weeks away. What does it all mean for gold? Analysts say that even in the worst-case scenario, gold will see higher prices by year-end.

Whether the U.S. will get its best-case or worst-case scenario come Nov. 3, one thing is clear — gold is in a bull rally that is not going away anytime soon, analysts told Kitco News.

“Either way, gold is technically and fundamentally still very bullish. We’ve had three months of consolidation. It got a little bit overbought in August. But the fundamentals are still very positive — rising debt-to-GDP ratio, rising QE, the potential peak in the U.S. dollar, and bottoming of stock market volatility,” Bloomberg Intelligence senior commodity strategist Mike McGlone told Kitco News on Tuesday.

One thing markets are fully aware of is that the U.S. economic situation is still very fragile with Federal Reserve Chair Jerome Powell warning markets in October that not enough stimulus could potentially reverse that recovery.

Central Bank Digital Currencies: Another Front in the War on Cash

 

There has been a lot of talk lately about central banks implementing their own digital currencies.

Why?

As economist Daniel Lacalle notes, most transactions conducted using the world’s primary currencies are already electronic. In practice, the US dollar, the yen, the euro, the Swiss franc and the yuan already function as digital money. So why the rush to create new central bank digital currencies?

Simply put, this is another front in the war on cash.

And that means it’s about control.

As Lacalle put it, this is basically another step in the effort to gradually get rid of physical currencies “with an idea of strengthening control of the payments and make it simpler to trace the use of a particular means of payment.”

Trudeau government overpaid $100 MILLION for ventilators, gifted contract to former Liberal MP

 

The Trudeau government spent as much as $100,000,000 more than needed, as prices for Baylis’ unapproved ventilators tower those of approved competitor Medtronic

The Trudeau Liberals awarded Former Liberal MP Frank Baylis’ medical firm a contract for $237 million without calls for bids, and overpaid $10,000 per ventilator.

The Montreal-based Baylis Medical Company Inc. was gifted the federal contract to purchase 10,000 ventilators. Additionally, the ventilators had never been “approved in any jurisdiction to date,” a Department of Health memo revealed.

In total, the Trudeau government spent as much as $100,000,000 more than needed, as prices for Baylis’ unapproved ventilators tower those of approved competitor Medtronic, reports Journal de Quebec.

Peter Schiff: Trump Out-Democrats Democrats on Stimulus

 

Last week, President Trump tweeted the rug out from under stimulus when he announced that negotiations were going to be cut off until after the election. The markets immediately tanked. But Trump quickly reversed course. As Peter Schiff explained in his podcast, the president is now in the process of out-Democrating the Democrats on the stimulus issue. Peter said the Republicans lost the argument the moment they conceded stimulus is “good” for the economy. Peter said the fact that the markets tanked the moment Trump tweeted that there would be no stimulus until after the election came as no surprise. As he put it, the markets know who butters their bread.

The Fed has already said they’re not printing more money until the government sells more bonds. In other words, the Fed is on hold with additional monetary stimulus until Congress comes through with additional fiscal stimulus so that the Fed has more bonds to monetize.”

Conrad Black: Justin Trudeau's co-ordinated assault on Canadian energy

 

Prime Minister Justin Trudeau listens to Governor General Julie Payette delivering the throne speech in the Senate chamber on September 23, 2020. PHOTO BY ADRIAN WYLD/POOL VIA REUTERS

It is necessary to highlight the speech of the throne that contained a declaration of war in the provinces of Alberta and Saskatchewan and in the Canadian oil industry could have seemed an exaggeration. However, it could be said that it was a reasonable interpretation of what Prime Minister Justin Trudeau said on the subject in 2017. It should be noted that after that he indicated the next day that he had been “wrong”, but he did not retract or alter that position; This being the case, it is clear that this only stated that it should have been worded with more care, presumably to disguise its meaning.

It has certainly been an efficient and skillfully executed assault and has largely been carried out behind a façade of familiar camouflage to the broad concept of indigenous rights, in a way that steadily approaches the implicit concession that the regime established by all who came to this country after indigenous peoples are affected by compromised rights and legitimacy.

Central banks sketch out digital currency as China forges ahead

 LONDON (Reuters) — A group of seven major central banks including the U.S. Federal Reserve set out on Friday how a digital currency could look like to help catch up with China’s “trail blazing” and leapfrog private projects like Facebook Inc’s FB.O Libra stablecoin.

The central banks and the Bank for International Settlements (BIS), said core features should include resilience, availability at low or no cost, appropriate standards and clear legal framework, and an appropriate role for the private sector.

Bank of England (BoE) Deputy Governor and chair of a BIS committee on payments Jon Cunliffe said the rise in cashless payments since lockdowns to fight the pandemic has accelerated how technology is changing forms of money.

Years of low interest rates made the current economic crisis worse, Fed’s Rosengren says

 

The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren. Keith Bedford | Reuters

KEY POINTS

• Boston Fed President Eric Rosengren said years of low interest rates that encouraged risk-taking are making the current economic downturn worse.
• He specifically cited “low rates persisting for an extended period even after the economy has made progress in the recovery” that can create problems.

Years of low interest rates led to excessive risk taking in commercial real estate and will make the current economic downturn even more severe, Boston Federal Reserve President Eric Rosengren said Thursday.

The central bank official said he expects a wave of defaults and bankruptcies to hit that will aggravate an unemployment problem that has hit lower-wage workers disproportionately.

The destruction of the world economy by the Central Banks

For years, we have been warning about dire consequences if central banks continue to meddle in the economy and financial markets. In December 2013, we wrote

There is a serious possibility that the measures taken by the central banks have already created a situation in which their actions increase rather than decrease financial instability. This is due to the fact that, if the actual price of an asset does not meet its market–based value, the true level of risk is not properly revealed.

During the “Coronavirus rescue” by the major central banks from March through June of this year, we essentially ran down the clock. No viable paths remain to escape the vicious feedback loop between central banks and financial markets — at least without serious repercussions.

Over the years, central banks have created conditions where prices in capital markets — and by implication, the resulting capital allocation structure — have become distorted to a previously unimaginable degree.

Over 6,000 Scientists Sign 'Anti-Lockdown' Petition Saying It's Causing 'Irreparable Damage'

More than 6,000 scientists have signed an anti-lockdown petition saying that coronavirus policies are causing “irreparable damage.”

The petition, which is named the Great Barrington Declaration after the town in Massachusetts it was signed in, was written on October 4 and has signatures from at least 2,826 medical and public health scientists, 3,794 medical practitioners and over 60,000 members of the general public.

It was co-authored by Dr. Martin Kulldorff, a professor of medicine at Harvard; Dr. Sunetra Gupta, a professor at Oxford University; and Dr. Jay Bhattacharya, a professor at Stanford University Medical School.

“As infectious disease epidemiologists and public health scientists we have grave concerns about the damaging physical and mental health impacts of the prevailing COVID-19 policies, and recommend an approach we call Focused Protection,” the petition says in its opening line. “Current lockdown policies are producing devastating effects on short and long-term public health.”

Peter Schiff: Stimulus Doesn’t Help the Underlying Economy

 

Peter Schiff appeared on RT Boom Bust along with Michele Schneider of MarketGauge to talk about market reaction to the stimulus stalemate, the impact of the upcoming election, and the prospects of the dollar.

The interview was recorded before President Trump tweeted the rug out from under the hope of a stimulus deal and cut off negotiations with the Democrats. At the time, Peter said it was certainly possible we could get another round of “so-called” stimulus, but none of it actually helps the underlying economy.

Jack M. Mintz: Watch out for the carbon tariff; the last thing this world needs is another trade weapon

 

More nations are considering tariffs on carbon-intensive goods from foreign countries. PHOTO BY NATIONAL POST

The danger is they will end up being used in aid of green protectionism that will shrink global trade

So far the idea of a carbon tariff has received very little attention in this or many other countries. That may change soon. Joe Biden’s platform includes the following: “As the U.S. takes steps to make domestic polluters bear the full cost of their carbon pollution, the Biden administration will impose carbon adjustment fees or quotas on carbon-intensive goods from countries that are failing to meet their climate and environmental obligations.”

There is a certain logic to this argument. Carbon policies impose higher energy costs on businesses through price hikes, either explicitly via carbon taxes or permit fees or implicitly, as a result of “clean fuel” regulations or other such mandates. This makes domestic businesses uncompetitive in export markets and susceptible to import competition from countries with less stringent carbon policies. It also undermines domestic policies aiming to curb global GHG emissions if production moves to countries with few tough policies.

Venezuela, Once an Oil Giant, Reaches the End of an Era

 

Children playing on abandoned fishing docks soaked in crude oil in Cabimas, Venezuela, in September. Adriana Loureiro Fernandez

Venezuela’s oil reserves, the world’s largest, transformed the country and the global energy market. Now its oil sector is grinding to a halt. Will it ever recover?

CABIMAS, Venezuela — For the first time in a century, there are no rigs searching for oil in Venezuela.

Wells that once tapped the world’s largest crude reserves are abandoned or left to flare toxic gases that cast an orange glow over depressed oil towns.

Refineries that once processed oil for export are rusting hulks, leaking crude that blackens shorelines and coats the water in an oily sheen.

Fuel shortages have brought the country to a standstill. At gas stations, lines go on for miles.

Opinion: We need to admit Canada has a left-wing populism problem

 

Prime Minister Justin Trudeau speaks during a news conference on Parliament Hill on Sept. 25, 2020. A public global credit agency has issued a warning about "the deterioration of Canada’s public finances." PHOTO BY JUSTIN TANG/THE CANADIAN PRESS

As is to be expected, the various opinions emerge and are in fact made public with great freedom, in reference to this, there are many who believe that without a doubt the grandiose promises of Prime Minister Justin Trudeau really betray his populist approach.

Certainly, the numerous discussions of populism in recent years have predominantly centered on politicians and right-wing movements. The instant the term “populism” is heard, many immediately think of the President of the United States, Donald Trump, various right-wing parties in Europe, or Maxime Bernier’s People’s Party of Canada. While there are certainly legitimate reasons to be concerned about populism on the right side of the political spectrum, it also exists on the left side, and it can present grave danger from that angle as well.

Now, recent promises by the liberal government to consider universal basic income and increase spending with a series of new government programs aimed at solving such complex problems as homelessness and climate change are a good example of this trend.

Programs of questionable effectiveness

Terence Corcoran: Flattening the economy II

 

After a spike in COVID-19 cases, Quebec has forced public places including bars, museums, cinemas and restaurant dining rooms to close from Oct. 1 to Oct. 28 in three regions, including greater Montreal and greater Quebec City. PHOTO BY CHRISTINNE MUSCHI/BLOOMBERG FILES

When do the costs exceed the benefits? The risks of death may in fact be nowhere near as great as once estimated by scientists

When the history of the COVID-19 pandemic is written, what will it say about the vast army of professional economists — in banks, academia, consultancies, think-tanks — along with science experts and members of the media who have mostly failed to publicly challenge the riskiest global policy initiatives ever contemplated, let alone implemented?

When politicians and public health officials appeared daily seven months ago to declare that they have our backs and we’re all in this together, their lockdown decisions went unchallenged. As officials claimed the need for a lockdown to “flatten the curve” of the spread of COVID-19 through the population, most of the professional and intellectual communities just kept their heads down as the global economic meltdown spread.

Government spent more than $213K defending Seamus O'Regan in small claims court

 

Federal Natural Resources Minister Seamus O'Regan. The federal government spent more than $200,000 defending O'Regan on a lawsuit filed when he was minister of Veterans Affairs. (Terry Roberts/CBC)

Veterans advocate says he’s surprised by how far the government will go to avoid admitting error

The legal cost of defending Liberal cabinet minister Seamus O’Regan in a small claims court defamation case launched by a veterans advocate has now topped $213,500, according to a document tabled in the Senate.

The figure, compiled by Justice Minister David Lametti’s office, was released recently by Sen. Marc Gold, the government’s representative in the Senate, following an exchange last spring with Conservative Sen. Don Plett.

It captures the cost of litigation and support services delivered by the government lawyers and staff who worked on the lawsuit launched two years ago by Sean Bruyea, a former air force intelligence officer. Bruyea claimed O’Regan — who was the Veterans Affairs minister at the time — defamed him in a February 2018 opinion piece in The Hill Times, a parliamentary precinct publication.

The Great Barrington Declaration

 As infectious disease epidemiologists and public health scientists we have grave concerns about the damaging physical and mental health impacts of the prevailing COVID-19 policies, and recommend an approach we call Focused Protection.

Coming from both the left and right, and around the world, we have devoted our careers to protecting people. Current lockdown policies are producing devastating effects on short and long-term public health. The results (to name a few) include lower childhood vaccination rates, worsening cardiovascular disease outcomes, fewer cancer screenings and deteriorating mental health — leading to greater excess mortality in years to come, with the working class and younger members of society carrying the heaviest burden. Keeping students out of school is a grave injustice.

Keeping these measures in place until a vaccine is available will cause irreparable damage, with the underprivileged disproportionately harmed.

Gold Telegraph Conversation Series: Frank Giustra

 With gold breaking all-time highs this week in U.S. denominated terms, we were thrilled and honored to have a conversation with the brilliant Frank Giustra to get his take on the current gold market and the state of the U.S. dollar.

Mr. Giustra is a Canadian businessman, mining financier, and global philanthropist who founded Lionsgate Entertainment. He is CEO of Fiore Group of Companies and Co-Chair of International Crisis Group. From 2001 to 2007, he was the chairman of the merchant banking firm, Endeavour Financial, which financed mining companies.

We encourage all of our followers and subscribers to give Frank a follow on his twitter, here.

Alex Deluce: Thanks so much for taking the time to answer a few questions during these incredibly exciting yet uncertain times. First off, you have had an incredible career in the mining industry, what made you interested in the space when you were a young man?

Frank Giustra: Serendipity. I was in the right place at the right moment in history. I started my career at Merrill Lynch in Vancouver in 1978.

Lyn Alden: will we get inflation or deflation? What happens now to gold and stocks

Monetary stimulus broke records this year as the Federal Reserve launched infinite quantitative easing, but in a low interest rate environment, monetary policy is less important than fiscal policy in determining asset prices, said Lyn Alden, founder of Lyn Alden Investment Strategy.

The last time the federal deficit as a percentage of gross domestic product was this high was in World War 2 in the 1940s, a rapid increase in inflation followed, albeit not immediately.

Gerald Butts still denies responsibility for a bigger scandal: Ontario’s 'green energy' catastrophe

 

Years before becoming the prime minister's key strategist, Gerald Butts held a similar position in the office of former Ontario premier Dalton McGuinty. PHOTO BY SEAN KILPATRICK/THE CANADIAN PRESS

Opinion: Butts was once keen to take credit for ‘all of the province’s significant environmental initiatives’ — back before those initiatives became politically toxic

In Gerald Butts’ much-discussed resignation letter last week, the former principal secretary to Prime Minister Justin Trudeau took responsibility — sort of — for the ever-growing crisis enveloping the federal Liberal government.

While denying he or his staff put any pressure on former attorney general Jody Wilson-Raybould to drop corruption and fraud charges against SNC-Lavalin, Butts nonetheless acknowledged that the story had coalesced around him being central to the imbroglio. “The fact is that this accusation exists … my reputation is my responsibility and that is for me to defend. It is in the best interests of the office and its important work for me to step away.”

Why Trudeau has to back off if the Canada Infrastructure Bank is to succeed

 

Prime Minister Justin Trudeau, right, listens while Michael Sabia, chairman of the Canada Infrastructure Bank, speaks during a news conference on Thursday. PHOTO BY DAVID KAWAI/BLOOMBERG

Kevin Carmichael: Star-crossed bank will only succeed if investors are confident it operates free of political interference

Prime Minister Justin Trudeau, the daily face of his government’s response to the COVID crisis, wasn’t going to missa $10-billion announcement.

So there he was on Oct. 1, big-footing his infrastructure minister, Catherine McKenna, to leadthe press conference on the Canada Infrastructure Bank’s new spending plans.

Trudeau says he wants to tackle systemic racism. He should start with this policy.

 

Canadian Prime Minister Justin Trudeau takes part in a news conference on Parliament Hill in Ottawa on Friday. (Blair Gable/Reuters)

Amid the litany of promises in his government’s throne speech last week, Canadian Prime Minister Justin Trudeau vowed to pursue two deeply contradictory goals with little introspection.

On the one hand, his administration says it will tackle “systemic racism” and break down the “systemic barriers” that exclude people of color from full participation in Canadian life. On the other hand — immediately after, in fact — the speech also vowed to legally consolidate the status of Canada’s “two official languages,” French and English, emphasizing the need to “protect and promote French,” in particular.

The degree to which these objectives are at odds should be evident from a quick perusal of the people running Canada these days.

Continue reading…

Source: J.J. McCullough | The Washington Post

'We have to learn to live with' COVID rather than react to numbers: Top public health expert

 

Vivek Goel PHOTO BY FILE PHOTO /Postmedia Network

It’s time to broaden the conversation in Canada around COVID-19 from one focused on just the daily case numbers to one that’s about maximizing the overall health and well-being of society.

That was one of the key messages articulated by Vivek Goel, one of the nation’s top public health experts, in a wide-ranging conversation with Postmedia.

“What we seem to have developed, by and large, is a view that we need to focus on eliminating COVID-19,” says Goel, a member of the COVID-19 Immunity Task Force and a professor at the Dalla Lana School of Public Health. “And we have got people to the point that they’re so scared of COVID-19 that they’re not thinking about all the other consequences.”

The Absurdity of Covid "Cases"

Today’s headlines announced Donald and Melania Trump “tested positive” for covid-19. Another claims nineteen thousand Amazon workers “got” covid-19 on the job. Both of these pseudostories are sure to ignite another absurd media frenzy.

As always, the story keeps changing: Remember ventilators, flatten the curve, the next two weeks are crucial, etc.? Remember Nancy Pelosi in Chinatown back in February, urging everyone to visit? Remember Fauci dismissing masks as useless? Why should we believe anything the political/media complex tells us now?

So what do these headlines really mean? What exactly is a covid “case”?

Conrad Black: Liberals pledge to further oppress the country

 

Canada's Governor General Julie Payette delivers the Throne Speech in the Senate on Sept. 23. PHOTO BY ADRIAN WYLD/POOL/AFP VIA GETTY IMAGES

If the government wanted to say what it said in the throne speech, it has lost its collective mind.

Indeed, the speech explicitly stated that today’s laboriously low-interest rates create an opportunity for massive deficit spending because “there is a global consensus that governments must do more … while blocking the low cost of borrowing. in the coming decades”. There is no such consensus and the financial markets will not be scammed like this indefinitely into allowing the federal government to finance the cumbersome socialist ambition that it described in the speech. If this were indeed the case, it would be better for the government to increase spending only moderately and abolish all forms of taxation that inconvenience the lower half of income earners.

Likewise, the fundamental problem with the official response to the coronavirus in North America is that the Democratic Party in the United States and its media allies, who are in effect running the Democratic campaign in the absence of a feasible presidential candidate from that party, They have focused since March on generating panic and public hysteria over the virus to further the economic recession and embarrass the incumbent president.

Collateral damage

Leslyn Lewis: There is a socialist coup unfolding in Canada, and we taxpayers are funding it

 

Prime Minister Justin Trudeau greets a Senator with an elbow-bump prior to the delivery of the throne speech in the Senate on Sept. 23, 2020. PHOTO BY BLAIR GABLE/REUTERS

It is necessary to talk about an issue that could be said to cause a lot of commotion. That said, it has been said that a socialist coup is taking place in Canada, and in fact, it has been exclaimed and disseminated that the taxpayers are financing it. Likewise, it has been indicated that under this socialist revolution, there is no need to confiscate their property, they can simply redistribute their wealth.

Now the question is, is Canada really quietly going through a socialist coup?

Clearly, just a year ago it would have been considered a conspiracy to get used to the idea that this is really happening, however, it is necessary to contemplate the fact that it is a fact after hearing too many Canadians in the last months about what they have seen that it is. happening. Ever since Prime Minister Justin Trudeau tried to grant himself kingly powers at the beginning of the COVID crisis, it has been said that what has been witnessed in Canada is undoubtedly a socialist coup that the taxpayers themselves are funding.

Undoubted evidence

Philip Cross: The myth of a 'she-cession'

 

What is exceptional about this recession is, not that women’s employment fell slightly faster than men’s, but that both fell off a cliff. PHOTO BY CHRIS RATCLIFFE/BLOOMBERG FILES

The recession, the economic equivalent of a thermonuclear device, affected men and women almost equally

Armine Yalnizyan of the Atkinson Foundation has been superspreading the idea that the distinctive feature of the 2020 recession is its disproportionate impact on women. She maintains that, with its devastating hit on service industries, the pandemic has caused greater job losses for women than men, thus creating Canada’s first “she-cession,” in which women have borne the brunt of the downturn. She has also argued that the recovery has been hampered by women not being able to return to the labour force because they have to care for children. Universal daycare, she says, would be a “magic bullet” that would speed up the recovery.

A close examination of the facts reveals major holes in these arguments. To start with, the recession affected men and women almost equally. Between February and August 535,000 men and 562,000 women lost their jobs, as shown in the accompanying graph. Women fared slightly worse during the closing of the economy between February and April (losing 1.536 million jobs versus 1.467 million for men) but they also recovered slightly faster between April and August (with 974,000 women getting jobs versus 932,000 men).

After Last Night, The Failure of Centralized Power Couldn't Be More Obvious

 

Capitol Hill, Washington, DC, United States by Joshua Sukoff is licensed under Unsplash License

By Chris Rossini

Human life, which consists of 7+ billion individually conscious ‘I’s,’ can be described with the words ‘radical decentralization.’

Human life is radically decentralized.

First, there are no carbon copies of the 7+ billion of us. No copies with anyone who lives now, who has lived in the past, or who will show up after us in the future. Even identical twins are one-of-a-kind individuals.

We each perceive, interpret, and uniquely explain the world to ourselves. We each choose what to believe, what we desire, and how to act to achieve those desires.

Radical decentralization.

Opinion: Playing racial favourites is not the best way to fight systemic racism

 

Prime Minister Justin Trudeau unveils plans for post-coronavirus recovery for Black-owned businesses and entrepreneurs in Toronto on Sept. 9, 2020. PHOTO BY CARLOS OSORIO/REUTERS

In relation to this, it was expected that possibly many should be delighted with the new liberal government program, however, this is not the case, since it is clear that they are not.

Likewise, it is well known that the Liberal government has announced plans for a Black Entrepreneurship Program that will work with banks and other lending agencies to provide loans and other support to black entrepreneurs. The program is supposed to address the serious obstacles black entrepreneurs encounter when trying to recover from the coronavirus pandemic, grow their businesses, and start new ones. In a way, these obstacles include a lack of access to capital, networks, and mentorship. The reason black entrepreneurs face these challenges more than other entrepreneurs is supposed to be due to “systemic racism”.

A solution that is not well accepted