Showing posts from November 15, 2016

A White Nationalist Is The New White House Chief Strategist

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[Steve Bannon, who stoked the flames of 'alt-right' (i.e., white supremicist, racist) fury while running Breitbart News, is headed to the presidential inner circle. See also: Major newspapers normalize Trump’s selection of white nationalist as chief strategist.  *RON*]

Kim Bellware, Huffington Post, 13 November 2016
Steve Bannon, the Breitbart News Network executive chairman known for having white nationalist views ― and who has himself been accused of anti-Semitism ― was named chief strategist and senior counselor to President-elect Donald Trump on Sunday.

Bannon, 62, was taking time off from Breitbart to serve as CEO of the Trump campaign before Sunday’s announcement giving him a senior leadership role in the incoming administration.

Trump also announced Sunday that Republican National Committee Chair Reince Priebus would serve as his chief of staff.

“Steve and Reince are highly qualified leaders who worked well together on our campai…

Bond Markets' $1-Trillion 'Trumpflation' Wipeout A Bad Sign For Canadian Housing

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[More bad news for the Canadian economy if Trudeau doesn't take steps to grow the business side of things here. Because Trump is seen as pro-business the stock market has been rising. Because of the teeter-todder relationship between stocks and bonds, the bond market has been sinking. This means interest rates will rise, which will hurt the housing market, which has been saving the bacon of the Canadian economy for years now. *RON*]
Daniel Tencer, Huffington Post 14 November 2016

Canada’s housing market could soon be suffering from a new condition, one that a TD Bank economist is calling “Trumpflation.”

But "Trumpflation" wouldn't mean rising house prices — it would mean higher mortgage rates, leading to worse times for the housing market.

There are lessons for Canada's elites in the U.S. election

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[It's true. There are few groups in Canada that are more smug and complacent than members of the Liberal machine. They are in precisely the same precarious position as the smug and complacent Democratic Party in the US. *RON*]
Murray Dobbin,, 11 November 2016
Hubris: extreme pride, especially pride and ambition so great that they offend the gods and lead to one's downfall.

In the aftermath of the stunning results of the U.S. election, the mix of emotions and hard-nosed analysis spans the spectrum from feeling sorry for the irrational and politically illiterate American voter to visceral fear about the consequences of their electing a thuggish buffoon as president. But common to all reactions, I suspect, is a smugness rooted in our sense of superiority -- as if our elites are somehow more attentive to the public interest and the lives of ordinary Canadians.

Well, yes and no. Hubris doesn't appear full-blown -- it's a pro…

S African minister Mahlobo linked to rhino trafficker

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[Watch the film here: Al Jazeera Investigates - The Poachers Pipeline. ๐Ÿ˜’ *RON*]

Al Jazeera Investigative Unit, 12 November 2016

Al Jazeera's Investigative Unit has uncovered evidence of high-level political connections to rhino poaching in Africa.

Avocados are driving deforestation in Mexico

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[The entire global agricultural industry is driven by profit to ignore environmental impacts entirely. I sometimes wonder if there is anything left I can feel okay about buying at the store. So I head back to my vegetable patch to fulfill my nutritional requirements there to the extent possible. *RON*]

Katherine Martinko, Tree Hugger, 11 November 2016
It sounds eerily reminiscent of palm oil. Demand for the luscious green fruit is resulting in expanded groves, at the cost of native forest.

You might want to think twice about buying avocados the next time you’re at the grocery store. The delicious green fruit has become hugely popular in recent years, topping many a salad and burrito, not to mention its glorious transformation into guacamole, but unfortunately, the path avocados travel from Mexican groves to American mouths is not nearly as smooth as its texture.

Most avocados sold in the United States and Canada come from a region in western Mexi…

New pipelines? The oil sands may have trouble filling the ones it has

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[The tar sand pipelines are acts of desperation from one failing sector of what is, ultimately, a failing industry in any case. The chances of their becoming economically viable are slim to none. *RON*]

Jeff Rubin, Globe and Mail, 1 November 2016

Jeff Rubin is a senior fellow at the Centre for International Governance Innovation and former chief economist and chief strategist at CIBC World Markets. His most recent CIGI paper is The Case for Divesting from Fossil Fuels in Canada.

What should investors think of the mixed signals sent by Prime Minister Justin Trudeau’s government about the oil sands? With the federally appointed National Energy Board conditionally approving Kinder Morgan’s twinning of its Trans Mountain pipeline, and Monday’s approval of a $1.3-billion gas pipeline expansion in Alberta, Ottawa seems to be holding out the promise that the country’s fossil-fuel industries have a future. Yet at the same time, the government has ratifie…