Tag:

big government

FCC votes to repeal Net Neutrality in the US. Now what?

The funny thing about this event is that people all over the world have a hard for-or-against opinion on it, despite it being an issue isolated to America, and despite it being an issue that won’t end the world.  It shows how far the social media bubbles lead to everyone just parroting each other for in-group affirmation and being unable to have a neutra… Read more

A theory: how BitCoin will be used as a scapegoat for bad monetary policy

Here’s my conspiracy theory in a nutshell:

The hype of cryptocurrencies is backed by governments and banks (Russia and China are explicitly doing so).  Global market psychology is manipulated by driving up cryptocurrencies with an injection of capital (on the scale of 70%+ of the market cap). The sharp rise in the price of cryptos garners widespre… Read more

Net Neutrality: yay or nay? A pragmatic analysis

With the FCC chief planning to repeal Net Neutrality, the Internet is debating whether or not this is a good move by the current U.S. administration.

On one hand, deregulating allows for smaller government, leaving it to free market principles to regulate the behaviour of telecom companies.

On the other hand, this opens up the possibility of the big telecom … Read more

$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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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

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

A short, objective analysis: “You cannot divide wealth by multiplying it”

You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work becaus

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The Chapwood Index: why government released inflation data is fake

My last article discussed how Keynesian economic theory is used as a persuasion tool for current institutions of power to gain even more power. One of the keys to hide the destructiveness of Keynesian theory is to lie about inflation. Manufactured inflation numbers pose as “scientific data” to justify economic policy and interest rate decis… Read more

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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