How Government make us Debt Slaves

Recently the Federal Government updated its Quarterly Financial Forecast.  Of course they are fictions considering the possibilities that may occur to GNP growth and actual Fiscal developments - but here are the Deficit and National Debt figures.

$15bn to $39bn will be added EVERY Year over next 20 yrs holding the (nominal) Total Federal Debt/GDP ratio just under 30% - assuming the Nominal "BAU" GDP growth rate of 3.5-4.0% is correct.

Now one VERY SURPRISING factor in the Update was including Demographic factors - such as Fertility rates, Retirement ages and Immigration rates.    To me this was a real surprise as in the past (only 4-5 yrs ago) this was rarely considered important enough to include such factors - but obviously now with an aging Labour Force and sub-replacement fertility rates (assumed to be 1.67 births/women) these addition of Immigrants is an important factor to maintain productivity factors.

Here is an International Comparison (but included ALL Government Debt)



Blogger ViableOpposition has made some other observations about the trend in International debt ratio's.

Also here was the MacDonald Laurier Institute study of Provincial Default rates* from March 2011.

*It is notable that Ontario has the highest Default probability (and then Alberta) going out 15, 20 and 30 years.  Finally, is it not interesting that Alberta has the SECOND highest probability of Default which brings me back the point that in 1936 Alberta was the first Province to DEFAULT.  This event provoked a very interesting historical experiment by the Social Credit party that led to the second longest serving party (35 yrs) in party history until replaced by the Progressive Conservatives in 1971 (who were defeated by NDP in 2015 after 44yrs).

Therefore it should come as no surprise that on exactly the same day the Province of Alberta ALSO provided its own Fiscal Update revealing that it had upped its Borrowing authority to $37bn (the max) over the next 2 years hoping no doubt to avoid scrutiny as everyone was leaving for Xmas Holidays on a Fri Dec 23, 2017.
-----------------------------------------------
International Government Debt OECD Website
ProvincialSolvencyandFederalObligations by Marc Joffe - March 2012

Amtrak WA Derailment maybe linked to ANTIFA?

On the heels of the Atlanta Airport being shutdown due to a massive power failure on Sunday it was a shock to learn of another transport disaster on the other side of America first thing Monday morning. The initial speculation moved to questions about proper disaster response - but that dissipated.

Early this morning an Amtrak Passenger train derailed about halfway between Tacoma and Olympia WA.   Six people have died and others injured.  There were about 80 passengers and 6 staff onboard.  It was the first run for the "Cascades" Service on a new "high-speed" route running between Seattle WA and Portland OR.

A small comment that the cause may have been something on the track was picked up by INFOWARS as a potential clue that it may be potential sabotage and in no time they uncovered a massive amount of inline info about ANTIFA "ecotage" activities in the PNW region. 

It pointed to a coordinated effort to sabotage train tracks in the area to disrupt Oil and Gas traffic - supposedly from Western States "oil-fracking" activities.  As INFOWARS reported there was further news reports that various ANTIFA and Anarchist groups had been camping in/around the Olympia area with the express purpose of disrupting something.  [Link to time-line of ANTIFA webposts]

At this time none of this has been reported by MSM which is typical but sad that they would protect Left-Wing groups like ANTIFA.

INFOWARS also reported that according to KOMO News there were Mass Casualty Drills planned for the same day which allowed them to quickly attend and treat the disaster. All of this feeds the "conspricy" theory's popular at INFOWARS.COM

Canadian Immigration Fraud Exposed

I read this article today - a remarkable story Canadian Immigration Fraud.   It involved Student Immigrants paring up and presenting themselves as married - one can study (the girl) and all her expenses are covered while the other "spouse" tags alone and gets to live in the country and they both becomes permanent residents - then they Divorce!

This is a 2x problem:

1) Immigration that allows students to bring spouses
2) 350,000 International University students (doubled in 10yrs) generating $8bn in Revenue for University's.

These are Government Growth Sectors - at the taxpayers expense.

Dec 18 is Twitter Purge Day

Twitter announced they were going to begin implementing their new content rules - that many Conservative users are calling "Twitter Purge Day".  Part of the reason for such paranoia is that Dec 18 happens to be the Birthday of Russian Dictator Stalin.


















And here is IndependentMan take on these developments and what it means for Free Speech online.

F*#K TwitterGoogleFacebook

Solipsism is the logical conclusion of individualism. Trapped within our soulless lives, we shall eat ourselves to death. . . at the push of a button.

Black Pidgeon Speaks - The Post-Modern Disease 

I recently tripped over Black Pidgeon Speaks - and really enjoyed a few of his posts/videos - but one that caught my eye was about the "Decline of Facebook" - and here it is.

I found it interesting that JeffBezos has recently begun to unload some of his stock which traditionally has meant it has plateaued.  Also I note that InfoWars.com has done a good job reminding everyone that FB has been a creature of the CIA since founded.

And finally - I agree - it is time to get rid of Goolag.

Details on all these new web-services can be found here.

The End of England

White Rose tells the truth.



And Pat Condell follows-up with the mis-allocation of State Power.



And Ezra makes some good points about media going nuts over Trump Tweets - ignoring content.

How "Climate Barbie" got her name

Rebel Alberta journalist Sheila Gunn-Reid explains why Catharine McKenna got her nick-name  (its beautiful).

Scepticism about Vaccines warranted

Many years ago in 1981 there was a HUGE story every day in Toronto Newspapers.  It was the shocking news that a young registered nurse was charged with murdering upto 24 premature babies at a NICU Ward in a Toronto Hospital.    The trial consumed public opinion for months - but the outcome was very unsatisfactory.   The police and crown had a very shoddy case and it collapsed. Susan Nelles was acquitted and maintained that sucess throughout ensuing appeals.

Then years later in 2011 a medical expert revealed why.  She did not do anything - the likely reason was that the poison blamed for the premature babies deaths was dioxin metabolized from the rubber used in many medical products - needles, IV pouches and drug delivery systems.  This did not come from the Public "Grange" Inquiry following the exoneration of Nurse Nelles - it came from a medical doctor who studied the case and wrote a book on this topic in 2011.

I was reminded of this case when I read this story today about the suggestion of supression of evidence about the benefits of vaccines.

We would do well to be skeptical.

Here is interview with producer of Vaccine sceptics movie "Vaxxed".  Here is his website.

53 yrs ago "A Time for Choosing"

Ronald Reagan as a new Republican made this important speech before the Presidential Election.

On Nov 22, 1963 JFK was assassinated in Dallas - and last week a mountain of formerly "Secret" documents was de-classified under the order of President Trump.   It is telling that 61% of Americans believe that they have never been told "the whole truth" about this tragic event in modern American history despite numerous investigations and committees.   This is likely why President Trump over-ruled the wishes of the Intelligence Services and had the materials released.  

IMHO there is no doubt that there is a soft coup underway to de-legitimize and undermine Trump - much of it coming from leaks by Democratic supporters within the Intel "alphabet" community - CIA, FBI, DNI etc.  This threat is unprecedented but appears to be similar to that faced by Kennedy following the warning of Eisenhower only a few years before.

That trip by JFK to Dallas was a kick-off of sorts for his 1964 Presidential Campaign - to shore up support in a weak Democrat state and help fund raise. 

A still shaken nation eventually awarded LBJ the Presidency with a landslide in the 1964 Presidential Election.  However it was also the year that the Republican Party under former Senator from AZ Barry Goldwater launched a dramatic upstart campaign - and Ronald Reagan as a newly minted Republican made this speech titled "A Time for Choosing" on Oct 27, 1964.  It was the beginning of his political career that saw him rise to Governor of California and eventually President of the United States.

This website is calling for a new "fix" to Federal Politics - using an old (but never used)  tool known as a "Convention of States"  as described in Sec 5 of the U.S Constitution in order to make changes that limit the size of the Federal Government.

I think the time has come for it to be tried.

 

A modest modern proposal - the true purpose of Feminism

John The Other (aka JtO) created this video post some time ago - but I kind of forgot about it as a humorous but insincere bit of satire on par with "eating babies". But after the Oct 2 Vegas Massacre a theory began to circulate that the true purpose of this terrible crime was to guarantee a massive public backlash/ revulsion that could ensure the political will to rescind the U.S 2nd Amendment and make Gun Control a reality - I decided that JtO was correct.

The true purpose of modern Rad Feminism is to ensure that Men hate Women and destroy the sexual contract completely as well as the family.

What the Russian Revolution could not achieve in 73 years (1917-1990 when the Berlin Wall fell and the Soviet Empire destroyed) Feminism accomplished in 49 years (1968-2017 or will soon enough).