I’ve been reading some really interesting posts on FOFOA’s blog, namely Inflation or Hyperinflation? and Peak Exorbitant Privilege. These posts go over the banking system, the role of the US dollar in the world economy, and the gradual withdrawing of political and ancillary support from the USD as the world’s reserve currency. Based on the latest numbers, the [...]
Betting on the Future President
Have you ever visited Intrade, which brands itself as the leading prediction market? You can make a market in almost anything these days, it seems. Intrade is a prediction market based in the Republic of Ireland, and lets you bet on predictions in all kinds of areas, including the future president of the United States. [...]
Cars Are the Mass-Transit Solution of the Future
As you sit in traffic on your way to work, you might find it hard to believe, but one day, that congested highway will be part of the mass-transit wave of the future. Instead of congested traffic, thousands of cars will be streaming down the lanes at 120km/h+, carrying tens of thousands of commuters to [...]
Why Are Environmentalists Against North American Oil & Gas?
I don’t understand why environmentalists are supporting regimes that are well-known for their corruption and human-rights abuses, like Iran or Venezuela. Mich from Beating the Index had some great thoughts on the matter: “The US oil and gas sector played a part in the job improvement in 2011 by creating 37,000 jobs directly and 111,000 [...]
Weekend Reading: Ron Paul Edition
The Republican race is down to three, Mitt Romney, Newt Gingrich, and Ron Paul. I firmly believe that Ron Paul is the one true hope and change for 2012, and he needs your support. I fear what will happen once the U.S.’s exorbitant privilege comes to an end, and he has the right ideas to successfully navigate through the storms ahead. Mitt Romney [...]
Ron Paul: The One True Hope for Change in 2012
It’s now 2012, and the United States will elect a new president to run the (still) most powerful country in the world. It’s now been nearly four years since the eve of the ongoing global financial troubles, and I am very interested in how this election is going to play out. Americans were promised hope [...]
Canada’s 2012 Budget: Does It Deliver, or is It Full of BS?
Canada’s Economic Action Plan 2012 is out! Did the new budget cut as much as some people feared? Did it cut enough? Are we on a path toward sustainable government and responsible spending levels? Read on and find out more. First, to get an idea of what Canada’s spending is like, let’s review actual spending [...]
Weekend Reading, Protests Edition
Quebec has been the site of a lot of student protests lately. Quebec has historically had very low tuition rates for in-province students: 1 year of medical school 1 year of social sciences Québec $1,968.00 $1,968.00 Ontario $16,878.00 $5,001.00 California $26,200.00 $8,373.00 However, this is set to change. Rates are going to increase by about [...]
Why Are the Students in Québec Protesting?
A massive student strike took place in Québec on March 22. The students are protesting proposed tuition rate increases by the government. The students are getting desperate, and on the 20th, they blocked a major commuter artery, causing untold delays and frustration. I’m not sure if they realize that hurting private citizens, the ones that pay [...]
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