Both the Ontario Provincial Conservatives and the Ontario NDP are objecting to the contract signed by the governing Liberals.
Daily Archives: May 16, 2012
The US trade deficit: Was it caused by greedy companies or greedy government?
Roger Conklin provides insight that few today have about the United States trade deficit. Today, in a comment, he displays the remarkable depth of his knowledge and the compelling force of his narrative:
Interesting blog post about MSNBC TV host Rachel Maddow and her very close Canadian ancestry.
I found an interesting blog post on Warren Kinsella’s website (Warren Kinsella is the former top political strategist to Canadian PM Jean Chretien) about an MSNBC print ad which Kinsella views as Maddow “dissing” Canada. I will note under current law but not necessarily at all points in the past Maddow is entitled to a Canadian passport and is a citizen of Canada although she might not have a Canadian passport(It seems as in all likelihood she doesn’t). Perhaps some IBS members would like to go over to Warren Kinsella’s blog and leave some comments.
U.S. seeks to impose FATCA on the rest of the world – will the world really comply?
In “Planet U.S.A”, the U.S.A. isn’t everything – it’s the only thing! The U.S. is of course also the world’s number one debtor. As was argued in a post yesterday, the U.S. is, through its attempts to increase the money supply, inflicting a vicious inflationary tax on the rest of the world. But, then again, they are the U.S. Therefore they can do what they want (or can they). How much longer is the rest of the world going to tolerate this? As one commentator noted, when it comes to other countries, the U.S. is kicking them in the banks. Of course, FATCA, the new Berlin wall of the financial system is a big part of this. Continue reading
Eduardo Saverin: Citizen of the World
I’ve been in contact with a columnist who asked me what I thought about Eduardo Saverin’s expatriation. I respond as follows:
Eduardo Saverin has exercised his unalienable right to renounce his US citizenship. This right is enshrined in the Declaration of Independence of the United States, the Ninth Amendment of the United States Constitution, the Expatriation Act of 1868, the Freedom of Emigration in East-West Trade, and the Universal Declaration of Human Rights, which for its part declares (Article 15, 2):
No one shall be arbitrarily deprived of his nationality nor denied the right to change his nationality.
Yet for exercising a fundamental right, some in the media have vilified Eduardo Saverin. I suppose because he is rich, and the rich today, because of class warfare, are open targets of abuse and defamation. But I understand why Saverin expatriated. I am not rich, but I sympathize, nay I identify with his desire to shed US citizenship. I have done it too.
Dual Citizenship Debate at NYT
Can Dual Citizens Be Good Americans?
Just wanted to let Isaac Brock Society know of the debate in the NYT Opinon section going on about loyalities and dual citizenship. Not sure any here have commented there. It seems to be a fall out from the Michele Bachmann Swiss citizenship issue that happened recently.
TIN Validation
“A new website designed for taxpayer identification (TIN) number validation for merchants who process credit cards. Starting January 1, 2013, new IRS regulations require TIN matching and validation.”
[ Newswire item picked up by Canada Business Review online ]
Capital Processing Network Creates Taxpayer ID Validation Site
