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Found 3 results

  1. When it comes to budget cuts, police seem to always be sacrosanct. I've seen cuts to teachers, social workers, scientists, all kinds of admin staff and almost every other type of government employee. But not police. Nor, come to think of it, fireman. This editorial claims that policing costs have risen faster than the rate of inflation in Canada (at all 3 levels of government) despite a falling crime rate. It also claims that police resources are used inefficiently with $100k a year policeman doing all kinds of work that could be done by lesser trained staff. Perhaps when marijuana is legalized, that would be a good opportunity to examine policing needs. Maybe there is an opportunity to redirect resources towards supporting people, not prosecuting them.
  2. http://www.breitbart.com/big-government/2015/08/31/toronto-star-laments-lack-of-racial-crime-data-it-helped-purge-decades-ago/ This is ironic. The same Toronto Star that seemingly played a central role in purging racial crime statistics collected by the government and prohibiting its future collection is now calling for its aggregation. Years ago, the Toronto Star seemed to champion the faux outrage over "dangerous" statistics regarding race and crime. Now, with its desire to push an agenda of racial agitation and division (drawing inspiration from its ideological allies south of the border), it now wants the very data it helped destroy. To the credit of the author of the original Toronto Star piece, she chastises her journalistic antecedents for contributing to this purge. She says that more information is always better than less, no matter how uncomfortable it may make some people feel.
  3. First heard this story yesterday, and I can't say I was surprised by it: HSBC receives get-out-of-jail-free card in a real-life game of Monopoly. The New York Times reports this week that megabank HSBC has escaped criminal prosecution for money laundering that probably funded terrorists and narcotics traffickers. Why? Because regulators and prosecutors were petrified that an indictment would undermine the entire financial system. The Times quotes anonymous government sources who confessed fears about bringing formal charges because doing so would be a "death sentence" for the bank. So they let it off the hook. That’s right, HSBC is officially above the law. Too-big-to-fail has become too-big-to-prosecute. So, there you have it! What many of us have suspected for years has finally been confirmed: under a fractional reserve currency system, banks are the creators of money, and as they become larger and more consolidated, governments will do nothing to stop them. And, many observers of the discreet, privileged banking system of anonymous numbered accounts in Switzerland and the Cayman Islands, have long been suspected of holding billions of dollars in profits from the narcotics trade that has created the War On Drugs and led to small time drug dealers and addicts spending their lives in prison. Should we have any remaining doubts that the other major banks are not in the money laundering business also? And so what if they are? They're too big to fail!
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