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The coddling of Canada [wah wah] – an interpretation.
By :
Stew Mayers
Economic mismanagement. That is the basic tenor of the first article reviewing the Canadian mommy-state by the National Post. One fact is obvious in appraising the destructive array of Canadian subsidies; regulations; bureaucracies; taxation and spend policies. Without the US economy as a neighbor, Canada would be either have to reform itself or be even poorer.
Hollywood’s oligopolistic control of low culture
By :
Stew Mayers
In a competitive market Hollywood as an industry would fail. Hollywood is an oligopolistic industry that has excessive power and little restraint. In general Hollywood provides bad product, repetitive models, less than exhilarating and uplifting personalities, and a culture that is extremist in its anti-Western, anti-capitalist and anti-Republican posture. In a normally functioning and competitive market, Hollywood would be dead-wood. But sadly in its oligopolistic position it just accretes more power. Its impact is devastating.
City of Toronto - Canada's socialist microcosm
By :
All big cities in Canada and Europe suffer from the same socialist rot and Marxist malaise and posturing. Toronto as the epi-center of the country is a microcosm of all that is wrong with the glorious and not-so democratic people’s republic. Run by socialists, suffering from over-taxation and debt, the city and its 30% of citizens that care to vote is heading into hard times. Crime is up, homelessness is rampant and the city is dirty – all thanks to socialist compassion. It is not so much a modern city as a functioning welfare home for immigrants and a tax machine for left wing bureaucrats and snivelling politicians.
Defining the Money Supply
By :
DollarDaze
There are five common measure to define the money supply - M0, M1, M2, M3 and MZM.
Confiscation Through Inflation
By :
DollarDaze
The Federal Reserve has the ability to create money out of thin air (legalized counterfeiting) and then lend out to the private banks which through fractional reserve banking loan out more money than they have (legalized fraud). This process dilutes the value of money out in circulation and reduces the wealth of those who do save (legalized theft).
Pitfalls in Economics
By :
DollarDaze
The human mind demonstrates an amazing ability at pattern recognition. Unfortunately for investors, it can't distinguish very well between perceived and actual patterns.
What is a “Dollar”?
By :
DollarDaze
I have a growing concern regarding paper money. That concern is what defines a “dollar”. A dictionary definition describes a dollar as being a basic monetary unit equivalent to 100 cents. Further investigation reveals that a cent is equal to 1/100th of a dollar. This tautology is clearly an unsatisfactory answer.
Paper, Rock, … Gold
By :
DollarDaze
This essay explores the reasons why money has value and why gold emerged as money.
"No legal tender law is ever needed to make men take good money; its only use is to make them take bad money." (Stephen T. Byington)
Foreign Direct investment
By :
Heidi Grumm
FDI stands for Foreign Direct Investment, a component of a country's national financial accounts. Foreign direct investment is investment of foreign assets into domestic structures, equipment, and organizations.
Accounting & Finance
By :
Mr. Joseph
Certified Public Accountant (CPA) is the legal title given to qualified accountants who pass the Uniform Certified Public Accountant Examination in the United States. With an accounting degree, you do not simply study a business; you study the world of business. The accounting line of work comprises of employment at certified public accounting companies, offering services like tax auditing
Why is American Business is Failing?
By :
Sue Canyon
US personal bankruptcies appear to be at an all-time high while business bankruptcies appear to be low. It looks like individual's spending habits are out of control, while business is booming, but the stats are wrong.
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