Wednesday, August 08, 2007

Fair Trade Is Good Capitalism


Galloping Beaver points out that the vulgar liberaltarian Adam Daifallah is claiming Fair Trade Coffee campaigns are Left Wing.

Mon Dieu, and there I thought Fair Trade was good for farmers, good for the developing world, good for business, good for trade, the good old fashioned authentic market place.

Not the Oligopolistic Capitalism that Daifallah defends.


SEE:

Cooperative Commonwealth=Free Market

Chocolate Worms


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Their Satanic Majesties Request

The real psychedelic album of the summer of love.



Their Satanic Majesties Request is a psychedelic rock album by The Rolling Stones recorded and released in 1967. Its title is a play on the "Her Britannic Majesty requests and requires..." text that appears inside a British passport. Although, initially dismissed as a poor attempt to match The Beatles' Sgt. Pepper's Lonely Hearts Club Band, the album is now considered one of psychedelic rock's greatest albums.

Which is overlooked still after forty years of glorification of the Beatles, and the
dissing of the Rolling Stones as the bad boys of Rock N Roll. Because they had Sympathy For The Devil.

Though I doubt Cheap Trick will be doing a Fortieth Anniversary cover of it.

It is a great album. Starting off with the psychedelic sci-fi anthem; 2000 Light Years From Home.



The song "
Sing This All Together" was used in the TV show Faerie Tale Theatre. It also contains a hidden track which may have given rise to later paranoia about back masking.

Why don't we sing this song all together?
Open our minds let the pictures come
And if we close all our eyes together
Then we will see where we all come from

Pictures of us spin the circling sun
Pictures of us show that we're all one




Funny things happen when you invoke Lucifer.


SEE:

Every Cop is a Criminal

More Sunday Satanic News


Classic Rock

Sunday In Hell

Marxism and Religion


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Gimme


Never gets.

Not after Charest used the Harper fiscal imbalance payment
windfall as a tax break.

In a carefully orchestrated leak, the Charest government has served notice that it wants a new constitutional round to entrench what it calls "a Charter of Open Federalism," adopting the language of Stephen Harper's famous Quebec City speech, and effectively throwing his own words back at him.

In a Canadian Press story played prominently by Le Devoir yesterday, Quebec Intergovernmental Affairs Minister Benot Pelletier was all too available to confirm that Quebec would be "very, very insistent" on advancing open federalism on the division of powers between Ottawa and the provinces and specifically limiting the federal spending power.

For one thing, this is too clever by half. For another, it is a complete misread of both the political temperature and the public's mood in the Rest of Canada. However disposed Harper, as a proponent of classical division- of-powers federalism, might have been to such a gambit before Charest blew it on the fiscal imbalance, the prime minister can hardly entertain it in the context of Quebec's having got what it asked for, and coming back for more.

"Open Federalism" coming from a guy who says; " War Is Peace"


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Dumb and Dumber


P3's don't save taxpayers money.

This was a costly dumb idea under the Mulroney Conservatives and the Harper Conservatives are going to repeat the same mistake.

The government has reportedly received advice that Edmonton's Canada Place is the most valuable of the nine buildings being considered for sale. It is worth $265 million if sold under a 25-year lease-back deal.

Canada Place was valued at $152 million when the Treasury Board approved its construction in 1984. But in 1988 Kenneth Dye, then the federal auditor general, reported that the new Edmonton home of 3,200 federal civil servants would end up costing taxpayers $100 million too much.

Part of the extra cost was the result of a decision to have Canada Place built privately under a lease-purchase deal instead of having the government build it.

And the irony in this is that it will be public sector workers pensions that will probably ending up owning it.

But Dawson wasn't sure how a benefit for business can work for the government.

"They're not in business and they're not necessarily going to re-employ that money at any kind of a return."

As for possible buyers for Canada Place, Dawson said large pension funds may be interested.

The Canadian Pension Plan Investment Board (CPPIB) now invests 45% of its assets outside Canada, up from 36% in 2005. Ontario Teachers' Pension Fund increased the percentage of non-Canadian assets in its equities portfolio from 56% in 2005 to 66% in 2006. OMERS has increased its foreign assets from 29% in 2000 to 39% in 2006.

With almost $500-billion in combined assets, the five top Canadian pension funds are getting a bigger piece of the global play book.

Not surprisingly, Canadian pension funds are now viewed as virtual private equity groups, says David Mongeau, of U.K.-based Avington International, a global mergers and acquisitions advisory firm that stickhandled a number of recent deals including the Legacy REIT sale with Caisse de depot, and the BCIMG purchase of the Canadian Hotel Income Properties Real Estate Investment Trust.

See:

Minister of P3

Mr. P3

Super P3

Public Pensions Fund Private Partnerships


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