$15 minimum wage: Ontario’s “supports in place” for small businesses are more like wrecking balls

The Wynne Ontario government responded to the laughter caused by their proposed small business tax cut from 4.5% to 3.5% with the minimum wage hike from $11.60 to $15.

“There was never a commitment to offset the increases in minimum wage,” Wynne said. “I was very clear that that was not something that we were going to be able to do, but we wan

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Verified blue checkmark fiasco: Twitter wants to police your thoughts

In the past few days, Twitter has been working hard to show its bias by selectively removing the “verified” blue checkmarks it initially assigned to users deemed to be authentic and not impostors.

Being verified theoretically needs to meet a single simple, objective criterion: be the person you claim to be.

However, it is obvious Twitter neve… Read more

In the face of the minimum wage hike, Ontario’s corporate tax rate cut is laughable

Finance Minister Charles Sousa unveiled the plan in the province’s fall economic statement Tuesday afternoon. The corporate tax rate for small businesses will fall from 4.5 per cent to 3.5 per cent effective Jan. 1, 2018, the same day the province will increase its minimum wage from $11.60 to $14.

The Canadian Press, November 14, 2017

The Keynesian t… Read more

Founding president Sean Parker exposes Facebook’s psychological exploitation of its users

Considering Mark Zuckerberg has studied psychology and has no remorse in exploiting everyone for his own benefit, Sean Parker’s revelations in a conversation with Axios should come as no surprise to anyone following this blog or other anti-social media trends.

“When Facebook was getting going, I had these people who would come up to me and th

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Social Credit Systems: the unholy marriage of big government and social media

Wired released an article titled “Big Data meets Big Brother as China moves to rate its citizens” last October. It is a long but good read, particularly since the story covers two bases I’ve been harping about on this blog: big government and the dangers of social media.

The entire article is worth a read on its own. I’ve posted the ma… Read more

Sebastian Junger knows about the dangers of social media

Sebastian Junger, a journalist, author and filmmaker, uses an anthropological view to hypothesize that social media has cultivated anti-social tendencies.

Some choice quotes from his interview with Joe Rogan:

I just looked around. I’m an anthropologist and I’m interested in human behavior, and I look at the behavior, like literally the p

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Netflix stock price is its own “house of cards” waiting to fall

Trading at nearly 300 times earnings, the debt-fueled stock market has placed a considerably high valuation on Netflix.

Netflix is a microcosm of the world. Just as most consumers and nations are debt ridden, overly speculative, and at the peak of irrational exuberance, so is Netflix.

A recent article “Netflix sinking deeper into debt to fuel subscRead more

Facebook spies on you and if they say otherwise, it’s a lie

Yahoo! Finance wrote an article today called “Why people still think Facebook is listening to them“.

If you have any concern over your privacy, you would never use Facebook. Not only is it self-inflicted identify theft, they openly pry at your browsing habits and app usage, on top of the the likelihood that they mine your conversations via spee… Read more

“Lose Bigly” later: facts in a world where only persuasion matters

Scott Adams, author of Dilbert and self-proclaimed hypnotist, believes that persuasion is the dictating force in a world where facts don’t matter.

I largely believe he is right. However, I believe that psychology is what influences the short-term future. In the long term, the trend is dictated by facts and fundamentals.

We are talking about the tre… Read more

The rise of riser cards: cryptocurrencies have ushered in an era of wastefulness

In order to meet the demand of the cryptocurrency bubble, hardware manufacturers have increased manufacturing of “riser cards”.  A riser card allows bulky expansion cards such as graphics cards to attach to a motherboard without being inhibited by a shortage of space on the motherboard.

The demand for video cards and riser cards have risen … Read more