Showing posts with label press progress. Show all posts
Showing posts with label press progress. Show all posts

Wednesday, February 28, 2018

Ezra Schemes And Dreams



I would say that Ezra Levant should be careful about the company he keeps, but I doubt that there is more that can bring down his reputation other than simply being Ezra.

The merchant of malice and division, repugnant to the morally sane, has launched a new scheme to keep his rapidly-sinking Rebel Media afloat, a suspect retirement savings fund.
After struggling through rocky times in 2017, Levant is apparently now looking to diversify Rebel Media’s revenue streams, teaming up with an Alberta-based wealth management firm to offer Levant’s aging viewers the opportunity to stash their nest eggs in an alt-right website.

“The fund is directed at investors seeking to save for retirement or in retirement that desire modest, regular, steady income,” reads an information sheet promoting the fund. The sheet also notes the Rebel Freedom Fund is a match made in heaven for those looking for “both a financial and ideologically based investment.”
For those of sufficiently-strong constitution, here is a promotional video for the fund, led by Dale Wells:


Interesting the company that Ezra keeps. Consider Mr. Wells himself.
On the firm’s website, Wells says “we don’t invest traditionally,” explaining the firm focuses on “one-on-one” investments like financing movies and mortgages instead of mutual funds because the markets are “manipulated” – “I don’t want to say corruption,” Wells cautions, even though “I might feel that.”

“There’s no standard of acceptable practices or accounting or anything that you could follow along anymore because it’s all manipulated,” he adds.
That Mr. Wells believes that there is "no standard of acceptable practices or accounting" is evidenced by his own checkered past.
According to Investment Industry Regulatory Organization of Canada records, Wells was disciplined by the regulators in 2011 for “business conduct unbecoming to the public interest” when he “acted in the role of an advisor without being registered as one.”

Specifically, the panel found that Mr. Wells committed a violation by entering into an arrangement to supply a financial services company with his own computer-generated research that recommended buy and sell opportunities related to mutual funds in return for a fee, and that this information was used regularly by that firm to make trades in an investment fund. In doing so, Mr. Wells acted as an advisor within the meaning of the Alberta Securities Act without being registered as such, contrary to IIROC Rule 29.1.

In its decision, the panel reviewed the requirements to be registered as an advisor under Alberta Securities law, and concluded "the evidence clearly established that the Respondent [Mr. Wells] held none of these qualifications."
As a consequence, Wells was levied a $25,000 fine and received
a three (3) year prohibition from conducting securities related business in any capacity while in the employ of, or associated with any Member of the MFDA, effective from August 1, 2014 to July 31, 2017.
Newly-freed from that ban, it appears that Wells may be up to his old habits, given his pairing up with that malevolent trickster Levant.

That the benighted might wish to risk some of their cash on this scheme is of no consequence or concern to me. What this episode does serve to illustrate, however, is the demographic that is being targeted, the same one, of course, that supports Levant's reactionary rants, mistruths, and distortions: the stupid, the gullible, and the sorely ill-educated.

It is almost enough to make this retired teacher despair at education's obvious failings.

Friday, February 24, 2017

Kevin O'Leary Laid Bare

I have never cared for that blowhard known as Kevin O'Leary. A shallow man intellectually, he appears to have only two reasons for seeking the leadership of the Conservative Party of Canada: ego and a thirst for power, likely the same imperatives that impelled Trump to run for the U.S. presidency.

As Mark Cuban observes in the following, it is the latter motive that seems to most drive the failed Canadian/American businessman:

Saturday, September 10, 2016

Guess Who's Coming To Dinner



Given the viscerally-stimulating ort that Kellie Leitch has lovingly lobbed to a certain core of the Conservative Party's constituency, it might perhaps be timely to remind the leadership hopeful of the old adage, "Be careful what you wish for." And despite a new poll that suggests many Canadians favour screening would-be immigrants for 'anti-Canadian' values, she would be well-advised to proceed with extreme caution.

As The Mound of Sound suggests, she should start by looking closer to home. Consider, for example, something that recently appeared in Press Progress, which included a clarification of what Leitch means when she advocates screening newcomers:
"Screening potential immigrants for anti-Canadian values that include intolerance towards other religions, cultures and sexual orientations, violent and/or misogynist behaviour and/or a lack of acceptance of our Canadian tradition of personal and economic freedoms is a policy proposal that I feel very strongly about."
While I encourage you to read the entire article, here are a few of the things Press Progress pointed out about some of the Conservatives within Leitch's political ambit:
Leitch says personal "freedom" is not only a Canadian value – it's a proud "Canadian tradition."
A proud and avid anti-abortionist, Kenney apparently doesn't hold with some personal freedoms:
Kenney even tried to suppress a women's group from spreading awareness about abortion rights on campus, claiming that if they allowed women to talk abortion, there would be no stopping the Ku Klux Klan, pedophiles or the Church of Satan from peddling their ideas too.

So much for freedom.
Another worthy addition to what could be a lengthy rogue's gallery would be fellow-traveller Candice Bergen:

Leitch vows she won't let anyone in who doesn't believe in "equality of opportunity."

If that's true, then being a good Canadian mean supporting an affordable national childcare program too, right?

Two big barriers preventing kids from starting off life on an equal footing are skyrocketing child care costs and lack of affordable child care spaces.

Unfortunately, Conservative MP Candice Bergen once said she opposes child care (like the rest of her party) because it is her "core belief" that "big, huge government-run daycares" should not "dictate to families how to address their child care needs" – a set of talking points that perfectly mirrors Republican Tea Party arguments opposing Obamacare.

Now that doesn't sound very Canadian, does it?
An indisputable Canadian value is acceptance of a wide range range of values and orientations. A test for oppositional values might send someone like Brad Trost fleeing.

This spring, Trost reacted to his party's decision to drop its opposition to same-sex marriage in favour of a neutral position on the question by publicly announcing "gay marriage is wrong":

"I will say homosexual marriage, gay marriage is wrong. I'll be public about it ... The language of equality and comparisons, to me that's socialist language, the way they do it. The same way they talk about equality of income where they want a tax from the rich to bring them down to the level of the poor. So I completely reject the underlying philosophy behind this."
Personally, I am waiting for a reporter to ask Leitch whether she would apply her screening criteria to those fundamentalist Christians (who incidentally comprise a large cadre of the party's base support) wishing to come to Canada.

Monday, August 29, 2016

Groaning Beneath The Yoke

Last week, that paragon of rectitude, impartiality and righteousness (irony alert!), The Fraser Institute, performed its annual service to all Canadian by reminding us of the tax yoke under which we all groan:



This non-profit, tax-payer subsidized 'independent' think tank without a political agenda was keen to share details of our collective burden:
The Fraser Institute calculates that the average Canadian family paid $34,154 in taxes of all sort last year, including "hidden" business taxes that are passed along in the price of goods and services purchased.

The study's authors conclude that visible and hidden taxes would have been equal to 42.4 per cent of the cash income for an average Canadian family in 2015, estimated at $80,593.

By comparison, the study estimates the average Canadian family spent $30,293 on housing, food and clothing last year — about 37.6 per cent of the family's total cash income.
Thanks to a largely compliant and/or lazy mainstream media, this is now being accepted as a factual and grievous injustice. However, leave it to Press Progress to provide some much-needed balance and perspective:
Although the Fraser Institute claims the average family spends 42% of its income on taxes, less than one-third of that number actually refers to federal and provincial income tax.

The Fraser Institute inflates its numbers by tacking on average costs for health insurance, pensions and employment insurance (as if they're all one in the same thing) and further pads their numbers by including corporate taxes and oil and gas royalties for some reason.

Fraser Institute defends their curious methodological choices by arguing "the cost of business taxation is ultimately passed onto ordinary Canadians."

Is that true? To the extent that taxes on corporate profits are passed along to anyone, a US study shows four-fifths of the corporate tax burden would be passed onto income earners in the top 20% – in other words, even by the Fraser Institute's own logic, it's not being passed on to the "average Canadian family."
In a similar vein, that outlier of the mainstream media, The Toronto Star, offers offers this counsel about the alarmist report:
- it deceptively includes corporate taxes, which are largely shouldered by richer Canadians.

- as a share of Canada’s economy, taxes are now at a low rarely seen over the last three decades.

- the portion of income going to taxes has increased by only 7 per cent since 1961.
The biggest flaw in the Fraser report, typical of the kind of right-wing propaganda it regularly disseminates, is the glaring omission of what we get for those tax dollars:
A 2009 report from the Canadian Centre for Policy Alternatives found that middle-income Canadians enjoy public services, from education to health insurance to pensions, worth about $41,000 annually per family – or roughly 63 per cent of their income. Conversely, we have watched as decades of tax cuts have led to eroding public services, but also to rising inequality, persistent homelessness, traffic gridlock and crumbling schools.
So clearly, that yoke under which the Fraser Institute would have us believe we all slave isn't quite the burden they have presented. Indeed, many would not call it a yoke at all, but rather a representation of the values we hold dear as a society. But I guess the Fraser Institute lacks both the will and the tools to measure such vital intangibles.

Wednesday, September 23, 2015

Meat For The Conservative Base

... is, I hope, indigestible for the rest of us.
At Sunday's Calgary-Signal Hill all-candidates debate, Conservative candidate Ron Liepert responded to criticisms of the Conservatives' controversial Bill C-51 by suggesting "civil liberties" and "freedom" are not the most pressing issues facing the country in light of "criminal activities."

"I know there's a whole group of people including a couple of the speakers here tonight who talk about civil liberties and about the freedom of having the right to pretty much choose to do what you like," Liepert told voters.

"Folks, that's not the country we live in."



This was not Liepert's first foray into absurdist pronouncements. Last year, he told CBC Radio that supporters of solar and wind energy are "extremists" who live in a "dream world."



It is is hard to understand how the Harper base can feel proud of supporting such patent idiots unless, of course ....

Wednesday, September 16, 2015

Memories Are Made Of This

Almost like a blooper reel, these reminders of some of King Stephen's 'finer' moments will, one hopes, serve a useful purpose. Enjoy.

24/Stephen: "Proud Conservative Moments"

Proud Conservative moments

Posted by Press Progress on Tuesday, September 15, 2015
H/t Press Progress

Saturday, August 8, 2015

The Pinocchio Effect



Those of us who have followed the machinations of the Harper regime over the years know that it is a rare occasion indeed when Stephen Harper tells the truth, either inside or outside the House of Commons. His capacity to convincingly dissemble, or effect what Stephen Colbert has called 'truthiness,' no doubt comes from long practice. Thursday's leaders' debate was no exception.

Happily, the alternative press rarely lets opportunities to correct the Harper record pass. Press Progress has compiled seven lies the prime minister uttered during that debate. Following is but of the seven, so please make sure you check out the link to see the full array of his prevarications.

The reality is Harper doesn't have a balanced budget.
On two separate occasions during the leaders debate, Stephen Harper claimed Canada has a balanced budget.

"We have a budget that is balanced now and other countries don't," Harper said, later explaining "the reality is the figures out of the Department of Finance show that so far this year we are substantially in surplus."

Unfortunately for Harper, the Finance Canada report he referenced only looks at April and May. Another report from the Parliamentary Budget Officer looks ahead and takes into account dire new projections for the Canadian economy released by the Bank of Canada.

The PBO's projection says Canada will not balance its budget and will run a deficit of $1 billion this year, meaning Harper will run his eighth deficit in a row.



In case you are interested, his other lies ranged from misrepresentations about environmental assessments to greenhouse gas emissions to the 'freedom' his backbenchers enjoy.

The man definitely has no shame.

Sunday, April 26, 2015

A Contemptible, Arrogant Martinet

The other day I wrote a post about the resurrection of Bill C-377, the Harper backed private member's bill that would wage war against unions in Canada. Toward the end of the post I made reference to Senator Don Plett's arrogant dismissal of witness Paul Cavalluzzo during Senate hearings on the bill after the latter suggested Conservative senators are probably the last people who should be lecturing anyone about corruption and transparency.

Plett insulted the witness by telling him he considered “your time and my time to have been wasted with you here today not answering my questions.”

Press Progress offers this video of the exchange:



As you can see, the pompous and arrogant Plett sanctimoniously offers himself and the Senate as exemplars of fiscal rectitude and transparency. To this, Press Progress responds:
The Senate is transparent? The Senate isn't corrupt? Really, Senator Plett?

Last year, Conservative Senators reportedly tried to whitewash an audit of Mike Duffy's expenses, deleting paragraphs detailing Senator Duffy's attempt to dodge auditors and hide his expenses.

Auditor General Michael Ferguson is slated to release what is expected to be a damning report on Senate expenses. At least 40 current and former senators recently received letters from Ferguson asking them to account for questionable expense claims. Several senators are said to have expensed over $100,000 with one reportedly billing taxpayers to the tune of $250,000.

Senator Plett himself appears to be among the Senate's highest rollers -- a CBC investigation in 2014 found Plett had the second highest expenses in the Senate, billing taxpayers over $12,000 (mainly for first-class air travel) during one five-week period in 2012 while the Senate was debating suspending Senators Duffy, Wallin and Brazeau.
Arrogance in public servants is always profoundly distasteful. When it is practised by pompous and contemptible martinets like Plett, it is intolerable.


Thursday, April 2, 2015

Details, Details, Details

Details. It seems that Conservative MP Diane Ablonczy finds them irksome impediments to action.

Details like objections to violations of our Charter Rights:
During the final day of parliamentary hearings into the government's controversial anti-terrorism bill, Conservative MP Diane Ablonczy used air quotes to dismiss an amendment, first proposed by the Canadian Bar Association, that would have put into writing that Canadian judges can't authorize violations of the Charter of Rights and Freedoms:



The arrogance of the Harper regime seemingly knows no bounds. Can you imagine what Canada will become if they win another election?

Saturday, February 14, 2015

Wednesday, December 31, 2014

As The Year Ends

... this deserves one more play. For a full review of the abysmal Harper Veterans Affairs record, check out the good work by the good folks at Press Progress.

Monday, December 1, 2014

The Fraser Institute (A.K.A., The Pinocchio Gambit)

It is to be hoped that no one was near the proboscis of Jason Clemens, Executive Vice President of the right-wing Fraser Institute, when he told this tall tale to Steve Paikin recently on TVO's The Agenda:



For a parsing of Clemons' concoctions, please click here.

Thursday, November 27, 2014

They Said What?

Funny how right-wing non-profits with charitable status can be political whenever they want with no fear of tax audits, whereas those with progressive credentials are singled out repeatedly by the Harper regime for special attention from the CRA.

Take as an example The Frontier Centre for Public Policy, a right-wing entity that is calling on governments to rethink Canada's child labour rules in an effort to get more young Canadians into the workforce.

Specifically, the Centre's brain trust, apparently of a decidedly Dickensian disposition, has deemed certain labour rules as "rather unnecessary."
Which rules exactly? The Frontier Centre lists a few to reconsider:

-"Children under 12 are almost never allowed to work."

-"In Alberta, 12- to 14-year olds are forbidden from working more than two hours on a school day."

-"Minimum wage laws also make it more difficult for young people with no experience to find their first job."

-As FCPP policy analyst Brianna Heinrichs explained in an accompanying Regina Leader-Post opinion piece, "age rules and a minimum wage can stifle young potential workers seeking either independence or some pocket change."

-"Hampering young Canadians from having a job is robbing them of opportunity," Heinrichs added. "People should not coddle children until they are of age and then act disgusted when young adults express a sense of entitlement or cannot find a job due to lack of experience."
As touching as their concern for young people might be, there are many who feel that dismantling child labour laws would be, shall we say, counterproductive. Says the Saskatchewan Federation of Labour's Kent Peterson:
"Labour laws are a good thing. They protect us, they protect our children, and they ensure corporations – and their cheerleaders such as the Frontier Centre – cannot exploit and abuse workers just to make a few more pennies of cheap profit."
Should you feel so moved, you can listen to the Frontier Centre's podcast on this subject here.


Friday, November 7, 2014

This Explains A Lot



The above picture helps to illustrate why industrialized nations seem so cavalier about climate change. Click here for details.

Meanwhile, Stephen Harper's climate soul mate, Australia's Tony Abbott, has just extended a giant middle finger to the world's developing countries:
Australia is resisting a last-ditch push by the US, France and other European countries for G20 leaders at next week’s meeting in Brisbane to back contributions to the Green Climate Fund.
The Green Climate Fund aims to help poorer countries cut their emissions and prepare for the impact of climate change, and is seen as critical to securing developing-nation support for a successful deal on reducing emissions at the United Nations meeting in Paris next year.
Such stellar leadership. Such monumental selfishness. Such compelling reasons to despair.

Wednesday, October 8, 2014

Who Do You Trust?

My money is on environment watchdog Julie Gelfand. Environment Minister Leona Aglukkaq's parliamentary assistant, Colin Carrie? Not so much:



H/t Press Progress

Monday, September 1, 2014

A Timely Reminder

What Have The Unions Ever Done For Us? was produced in Australia after John Howard's conservative government went after collective bargaining rights.



H/t Press Progress

Thursday, July 17, 2014

A Blast From The Past

I am sure that some politicos would prefer certain things remain buried in what seems to be a collective public amnesia. Thankfully, the Internet is the gift that just keeps on giving, as this piece from Press Progress reminds us:

.

Saturday, June 14, 2014

The Right Wing Instructs Us On Our Errors In Thinking

Benighted soul that I am, I did not realize the myriad errors of thinking I have fallen prey to. Happily, University of Toronto geography professor Pierre Desrochers has set me straight on a few things:

Monday, June 2, 2014

Mark Carney Speaks On The Consequences Of Unbridled Capitalism

Mark Carney said the following to a group of the world's elites last week:

"Just like any revolution eats its children," Carney told the audience of global power brokers, "unchecked market fundamentalism can devour the social capital essential for the long-term dynamism of capitalism itself."

"All ideologies are prone to extremes. Capitalism loses its sense of moderation when the belief in the power of the market enters the realm of faith."


It's rather gratifying to think of certain groups and individuals with their knickers in a twist, isn't it?