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Quebec’s Brownshirts

During the rise of nearly every socialist/fascist regime, one of the ingredients has always been the formation of paramilitary, thuggish organizations that carry out the dirty work of the political...

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Penny Polemics and Pontifications

No sooner does the Canadian penny gets axed, do the establishment chimps start flinging dung at the critics of this move.  In the latest from the National Post, anyone criticizing the government’s...

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Conventional Thinking and Denial

A term that everyone, especially in the investment world, should get familiar with is “normalcy bias”.  Described succinctly, it’s the state of mind where people think that because something...

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The CMHC Pump and Dump

In a recent Financial Post editorial meeting, Finance Minister Jim Flaherty let slip a statement that hinted at a massive change coming in the housing and mortgage market in Canada: “Over time, I...

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Lies, Special Interests and Plastic Bags

The environmental movement continues its jack-booted march down the road to serfdom.  I normally wouldn’t mind, except that they’re taking us all with them.  Before I get in to the meat of this...

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A Portrait of the 2011 CMHC

Dear readers, it’s happened again. The federal government is once again revising its rules on mortgage lenders. The new revisions are mostly a repeat of the changes they made back in January 2011, and...

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The Ontario Teacher’s Ponzi Plan

The 21st century has been one marked by low interest rates and even lower real interest rates. In response to the dot-com crisis of 2001 Western governments embarked on a policy of low interest rates...

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Thank You to the Mises Institute!

There are few in this world that dramatically change the way one views society and its functionality.  Their work creates a dynamic shift in perspective which in turn leads to new attitudes about...

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The Mess the Bank Made… and Denies

Back in April, I reviewed a document called the “Financial System Review”, published semi-annually by the Bank of Canada.  Due to the dire warnings contained therein, I thought it necessary to...

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Cuba: The Revolution Continues

Recently, the media has been abuzz with the story of Jay-Z and Beyonce’s visit to Cuba.  Like Dennis Rodman’s visit to North Korea, it is beginning to appear as though the Obama administration’s new...

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Forget About Reinhard & Rogoff

Ever since a minor spreadsheet error was discovered in a 2010 study evidencing the plainly obvious fact that increased debt loads hinder economic growth, pundits from the left have been gleefully...

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Generation Wars

I’ve written before on the raw deal Canadians are getting on the CPP, and it isn’t pretty.  I estimate that by being forcefully enrolled in to the Plan, Canadians are losing out on potentially earning...

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Stalin’s Apologists

It’s a sad fact of the world today that there are people still enamored with the murderous rule of socialist tyrant Joseph Stalin. There are various groups around the world dedicated to washing the...

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Ontario Teachers: A Failure According to Wynne Government

In a great essay, Lawrence Reed points out that government’s constant efforts to reform its own policies is an implicit admission that they couldn’t get things right the first 50 attempts. This is...

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The Enduring Rothschild Myth

In the world of international financial conspiracy no family name is more vilified than that of Rothschild. The name is central to countless conspiracies and today the family is assumed by certain...

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