Category:

News

To the moon, BitCoin! When taxicab drivers are buying it, it must be a sound investment, right? Right?!

As of the time of the writing of this article, BitCoin has eclipsed $15,000 USD/BTC, nearly double its value from a month ago.  Similarly, another cryptocurrency which I tout as technologically better than BitCoin due to its more privacy friendly transactions, Monero, has nearly tripled in the same timeframe.

Just tracking the visits to my post on how to mRead 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

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

FANG(+T) tech bubble: Twitter loses less money than it thought, jumps 10% pre-market

On Thursday, Twitter reported a third-quarter loss of $21 million, or 3 cents per share. Excluding one-time items, the company earned 10 cents per share in the latest quarter.

The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The company posted re

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Toronto housing bubble: personal debt treadmill at maximum speed

Take a look at this screen grab of the real estate headlines at CP24.com (Canadian Propaganda 24 hours a day):

RBC says housing affordability measure worst since 1990. Toronto hits worst level ever; Toronto-area housing prices may already near bottom: RBC economist

Affordability is the worst, yet prices are near the bottom?

Nothing is technically “affordable” nowadays in a Keynesian powered economy. No one is encouraged to save, and everyone (government included) relies on debt, a.k.a. future … Read more

Project Veritas confirms the manipulation of YouTube’s trending algorithms

One James confirms the suspicion of another James.

James O’Keefe III and his team at Project Veritas has verified what many other rational thinkers, including James Damore, have long theorized about big tech companies. Companies such as Alphabet (YouTube, Google) and Facebook have had their internal offices infiltrated with postmodernist zeal… Read more

The Yahoo! and Equifax hacks teach the Internet a valuable lesson, but the students aren’t listening

Yahoo! recently revealed that all of its 3 billion accounts were compromised, up from its initial estimate of 1 billion.

“Whether it’s 1 billion or 3 billion is largely immaterial. Assume it affects you,” Curry said. “Privacy is really the victim here.”

Yahoo first disclosed the breach in December . The stolen informat

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Ontario’s ban on StubHub scalper bots will backfire on the consumer

Another day, another overreaching bill being passed in Ontario, Canada.

This time it’s a “consumer protection bill” proposed by the Ministry of Government and Consumer Services:

TORONTO — Ontario is set to introduce ticket sale legislation today that would ban so-called scalper bots and impose new rules on reselling ticke

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Fake News Calculator

To what degree is a YouTube channel espousing fake news?

Generally speaking, when a video contains false or highly disputed information, it cannot withstand public scrutiny. To save face, the uploader will either disable the comments section or only allow approved comments.

A somewhat reliable indicator of “fake news” is the number of vide… Read more

CBC’s The National has something to hide

Following up from yesterday’s blog post: if news outlets from big media are the supposed purveyors of truth, then what do they have to hide by disabling their comments section in their YouTube videos?

The truth should be able to stand up on its own in an open marketplace of ideas.

CBC’s The National managed to shut down the comments sections on mos… Read more