Don't vote

I really dislike those sayings that start off with, “There are two types of people in this world…..” There are obviously many types of people in this world. Having said that, there is one of these phrases that I do agree with. Here it is. “There are two types of people...

Canada is the next Cyprus

In my last article I wrote about the citizens of Cyprus having a proposed percentage of their bank deposits stolen from them by the government and the banks to recapitalize the banking system. This initial proposal failed to pass in a government vote. Thank goodness……I think. I...

Banking disaster

You may not have heard this as main stream media has tried to bury the story, but after markets closed last Friday the European Central Bank, the European Commission and the International Monetary Fund (all elitist scum) tried to impose overt thievery against the people of Cyprus. To assist with...

Hidden secrets of money

I’ve been traveling of late and have not had time to put pen to paper for this weeks’ column.  However, I have contacted Mike Maloney and he has given me permission to post his latest production, “Hidden Secrets of Money:  Currency vs. Money.”  This is...

You're poorer than you think

So the Liberal Party has just tabled a budget that will dig deeper into our pockets making us all poorer. The budget includes a 1% increase to the provinces’ corporate income tax starting April 1st of this year. In addition we will see a 4% increase to MSP premiums as of Jan. 1, 2014. And...

Impending housing crash

This is my first column of the New Year and I wish I could start with some happy news. Just check out the Internet or other sources of information, there are plenty of good news stories out there. People are doing amazing things for mankind and the planet we inhabit. However, because this is an...

Debt slave Part 2: Mortgages

In my last article I briefly spoke about the debt enslavement of mortgages. I would like to dig deeper into this sleight of hand and reveal the truth behind the curtain. Throughout the globe all banks work on what is called a Fractional Reserve Banking System. What this means is that a...

Debt slave: Part 1

This will likely be the most important article that I have written to date. I believe that if we polled most people in Canada they would agree that slavery of any form is repugnant. Yet the vast majority of Canadians willingly adorn the shackles of debt slavery on a daily basis. In the second...

Got gold?

Three years ago I sat in a financial advisor's office at one of the banks and he proceeded to sing the praises of the latest mutual fund that a few of his buddies in Toronto had concocted. He highly recommended that I invest in this fund. I wanted to get some insight into this advisor so I...

End game for Europe

Last week the European Central Bank (ECB) made the decision to purchase unlimited government bonds in the secondary markets. Of course the European Commission and the International Monetary Fund (IMF) will play a significant role in this bail out. This is being touted as a godsend as Spain is...

This will end badly

This week I would like to provide you with some graphs and a short video clip to further illustrate the point that I’ve been making since I started this column. Below we have a chart of the US deficit indicating the point in time when Obama came into office in February of 2009. Mr. Obama...

Things that make you go...hmmm?

I recently stumbled across an old picture that I had taken during the 1988 Winter Olympics in Calgary. In the background of this picture is a Shell gas station with the price of gas posted at $0.33/L. (Of course the economist in me got to thinking.) If we look back to the national average single...

Currency wars

As avid students of global economics, I know the readers of this column will be quite familiar with the term “Currency Wars”. However, for those who are new to this economic occurrence, I feel it is extremely important to define and discuss this event which is initiated by...

Let them eat cake

As much as I would strictly like to address economic topics in this article, I have to face the fact that a cast of characters plays a roll in economics today. Sadly, the reality of Adam Smith’s “Free Market Economy” does not presently exist. Government is deeply entrenched...

No global economic recovery

In this article I want to provide a clear picture of the global economy. I’m seeing it on TV, hearing it on the radio, and being lectured to at a recent seminar about how the global economy is on the road to recovery. Let me put as fine of a point as I can on this. It is complete bunk! We...

Austerity comes to Canada

I’m going to alter my focus today from global economic issues and zero in on a topic that hits home for all Canadians. The recent mugging of Canadians as a result of the federal government’s clawing back of Old Age Security from 65 to 67 years is something that we should not take...

Deflation: friend or foe?

As we draw closer to the inevitable financial catastrophe that lies ahead of us, we will likely hear plenty about the pure evil of deflation and how it must be avoided and fought at all costs. Deflation will be depicted as an alien disease that must not be allowed to establish a presence on this...

Bell tolls not for Greece alone

In my very first economics class at university we were given the definition of economics. Economics: “the study of the distribution and allocation of limited resources.” As far as resources go, the most valuable resource I know of is “time”. Thus, I will do the readers of...

Don't blame capitalism

Photo: Contributed I fear that as the global financial system continues to crumble, and believe me it will get a lot worse, capitalism will increasingly be viewed as the culprit. Even film director Michael Moore, that stalwart of objective film making, has dedicated an...

What they've done to my dollar

In my last article I said that I would address the issue of why in recent history, the 50's through the mid 80's, it was possible to raise a family on a single income.  Today that seems to be a feat that is achieved by few families globally.  The cost of university, housing,...